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Hospitality Income Statement Forecast

ABOUT THIS DOCUMENT

An income statement, also known as a profit and loss statement, is a financial statement that summarizes a company's revenues and expenses during a specified period of time. This template allows a hospitality company to record current operating performance and compare it to projected performance levels for a future period of time. Companies should try to analyze market and economic trends in order to most accurately predict future profitability levels. This document is similar to the Income Statement Pro Forma but this statement only projects one future period as opposed to five future years. An income statement allows managers to see a company's net income (the bottom line) once costs, expenses, and taxes have been taken out of revenues (top line).

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Size: 27 kb
Format: Excel Spreadsheet

Text Version

[COMPANY NAME]

Income Statement Forecast

[Date]

Current Forecast

[Date] [Date]

REVENUES

Lodging Sales $ - $ -

Banquets & Events Sales - -

Gift Shop and Vending Sales - -

Food & Beverage Sales - -

Sales Discounts - -

Other Income - -

- -

COST OF SALES

Linens and Lodging Supplies - -

Food & Beverages Purchases - -

Merchant Account Fees - -

Resale Item Purchases - -

Labor Costs - -

- -

GROSS PROFIT (LOSS) - -

GENERAL & ADMINISTRATIVE EXPENSES

Advertising and Promotion - -

Automobile Expense - -

Bank Service Charges - -

Business Licenses and Permits - -

Charitable Contributions - -

Computer and Internet Expenses - -

Continuing Education - -

Depreciation Expense - -

Dues and Subscriptions - -

Equipment Rental - -

Insurance Expense - -

Interest Expense - -

Janitorial Expenses - -

Landscaping and Grounds Keeping - -

Meals and Entertainment - -

Miscellaneous Expense - -

Office Supplies - -

Payroll Expenses - -

Postage and Delivery - -

Printing and Reproduction - -

[COMPANY NAME]

Income Statement Forecast

[Date]

Current Forecast

[Date] [Date]

Professional Services - Legal, Accounting - -

Rent Expense - -

Small Tools and Equipment - -

Subcontractor - -

Telephone Expense - -

Travel Expense - -

Uniforms - -

Utilities - -

Website Development - -

- -



NET INCOME (LOSS) - -

- -

GENERAL & ADMINISTRATIVE EXPENSES

Advertising and Promotion - -

Automobile Expense - -

Bank Service Charges - -

Business Licenses and Permits - -

Charitable Contributions - -

Computer and Internet Expenses - -

Continuing Education - -

Depreciation Expense - -

Dues and Subscriptions - -

Equipment Rental - -

Insurance Expense - -

Interest Expense - -

Janitorial Expenses - -

Landscaping and Grounds Keeping - -

Meals and Entertainment - -

Miscellaneous Expense - -

Office Supplies - -

Payroll Expenses - -

Postage and Delivery - -

Printing and Reproduction - -

[COMPANY NAME]

Income Statement Forecast

[Date]

Current Forecast

[Date] [Date]

Professional Services - Legal, Accounting - -

Rent Expense - -

Small Tools and Equipment - -

Subcontractor - -

Telephone Expense - -

Travel Expense - -

Uniforms - -

Utilities - -

Website Development - -

- -



NET INCOME (LOSS) - -

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