Budget Presentation

- November 27th, 2008 -

AGENDAMarketing PlanSegmentationSWOT AnalysisMarketing MixFinancial Plan5-year Revenues2009 Budget Financials & StatisticsManpower2009 Budget Break Even Analysis2009 Budget Cash FlowQuestionsSummaryQuestions

MARKETING PLANSegmentationPositioning: Hotel with largest meeting space in HCMC, unique locationTarget Segment:Corporate Incentive & Meeting GroupCorporate FITLeisure groupAirlines crewTarget Market:China Mainland, HK, Taiwan, Singapore, MalaysiaJapan and Rusia

MARKETING PLANSWOT Analysis

StrengthsWeaknesses Supply of rooms and meeting space All in one facilities Reasonable & flexible pricing Independent hotel without international brand name Not well perceived as 5-star hotel 3rd largest hotel in terms of number of rooms in the market OpportunitiesThreats Enter WTO, higher frequency of traveling is expected in long run Not many existing and new 5-star hotels Vietnam regionally perceived as an expensive destination Frequency of traveling affected by economic Tsunami - Other 5-star hotels cut their rates will create pressure

MARKETING PLANSWOT AnalysisProductPlacePricePromotionTarget Market

FINANCIAL PLAN5-year Revenues

Chart5

8505.448773794916937.432575788216352.146628821317874.164801144820617.4621735372

2005 Actual

2006Actual

2007Actual

2008 FRCST

2009 Budget

Dollar (in thousand)

Total Revenues from 2005 - 2009

Budget Summary

SUMMARY BUDGET PLANNING GUIDELINE

WINDSOR PLAZA HOTEL SAIGON VIETNAM

PLANNING GUIDELINE BUDGET 2009

--------------------------------------------------------------------------------------------------------------- BUDGET ---------------------------------------------------------------------------------------------------------------------------------------------------- ACTUALS --------------------------------------

MONTHJANFEBMARAPRMAYJUNJULAUGSEPOCTNOVDECTOTAL 2009%Total 2008%Total 2007%Total 2006%Total 2005%

REVENUE

ROOMS767,988683,064804,942761,691703,479669,226651,229689,649735,114850,887860,428828,5199,006,21743.68%7,582,44342.42%7,317,16244.75%4,920,66329.05%2,360,67427.75%8,996,20210,015

FOOD AND BEVERAGE806,742792,249797,017815,122798,832754,453814,580832,018789,743867,658878,761861,3369,808,51147.57%8,474,82947.41%8,068,06349.34%5,858,57134.59%4,651,08454.68%9,047,272761,239

LAUNDRY4,4554,4004,6204,5654,2354,2354,1803,9604,5654,6204,6754,45552,9650.26%45,9710.26%61,7990.38%44,2050.26%35,9310.42%52,9650

BUSINESS CENTER3,1352,8733,3983,3983,1352,8732,8732,8733,1353,3983,3983,13537,6200.18%64,2930.36%45,5190.28%51,7250.31%34,5360.41%37,6200

TELEPHONE2,9832,9833,3503,3503,1403,1402,9832,9832,9833,3503,6653,35038,2580.19%24,6270.14%37,3430.23%42,9440.25%37,7670.44%38,2580

TRANSPORTATION5,5765,5766,2065,7865,7865,5765,5765,5765,7866,3116,3115,99670,0560.34%39,0350.22%5,1460.03%9,1710.05%2,4970.03%70,0560

MASSAGE20,91020,91020,91020,91020,91020,91020,93024,08024,08024,08024,08024,080266,7901.29%234,6461.31%306,7421.88%311,2271.84%174,0642.05%266,7900

DISCO109,82498,102107,70591,92294,69791,92294,69794,69791,922109,824107,703109,8241,202,8385.83%916,8175.13%432,2352.64%1,759,98610.39%19,2570.23%991,675211,163

OTHER INCOME10,08410,08410,08410,08410,08410,08410,08410,08410,08410,08410,08410,084121,0080.59%491,5052.75%78,1390.48%3,938,94023.26%1,189,63913.99%

GAINS IN EXCHANGE1,1001,1001,1001,1001,1001,1001,1001,1001,1001,1001,1001,10013,2000.06%- 00.00%00.00%00.00%00.00%

TOTAL REVENUE1,732,7951,621,3401,759,3311,717,9271,645,3971,563,5171,608,2301,667,0181,668,5111,881,3121,900,2041,851,87920,617,462100.00%17,874,165100.00%16,352,147100.00%16,937,433100.00%8,505,449100.00%

DEPARTMENT PROFITS

ROOMS604,560537,450655,133613,353557,117524,096506,631543,713587,682699,449708,674677,8617,215,72135.00%5,853,67032.75%4,973,85530.42%3,236,94119.11%1,133,74713.33%

FOOD AND BEVERAGE248,317304,643303,250315,821307,755285,197318,762326,873302,346342,739349,026340,2133,744,94318.16%2,956,16516.54%2,505,72215.32%1,248,9397.37%718,2798.44%

LAUNDRY12,42110,50310,34010,41710,26710,39610,36810,01910,50310,17710,20510,085125,7010.61%41,413--0.23%(106,924)-0.65%(48,149)-0.28%(18,908)-0.22%

BUSINESS CENTER3614498428566584564594456488248216357,4540.04%318--0.00%18,1670.11%12,0810.07%(12,295)-0.14%

TELEPHONE-2563445335564424653593363155047205174,8350.02%1,930--0.01%17,6170.11%21,8250.13%18,3990.22%

TRANSPORTATION-1,691-140327-3740-114-103-158-0362350781,087--0.01%105,042--0.59%(76,644)-0.47%(87,399)-0.52%(67,468)-0.79%

MASSAGE-9933,4583,1443,2523,4003,5063,5435,8795,7795,4665,4445,52647,4040.23%48,1210.27%53,6490.33%95,9550.57%15,9830.19%

DISCO17,42017,37622,51713,81415,45314,02415,50415,42413,88123,52722,32423,567214,8301.04%99,014--0.55%84,1760.51%531,8223.14%(29,977)-0.35%

10,08410,08410,08410,08410,08410,08410,08410,08410,08410,08410,08410,084121,0080.59%189,3471.06%78,1390.48%3,938,94023.26%1,173,90813.80%

GAINS IN EXCHANGE1,1001,1001,1001,1001,1001,1001,1001,1001,1001,1001,1001,10013,2000.06%- 00.00%00.00%00.00%00.00%5150-00010

TOTAL DEPT. PROFIT891,323885,2681,007,269969,216906,318849,210866,706913,715932,3371,094,2321,108,7481,069,66611,494,00955.75%8,799,58549.23%7,547,75646.16%8,950,95352.85%2,931,66834.47%

GROSS MARGIN51.44%54.60%57.25%56.42%55.08%54.31%53.89%54.81%55.88%58.16%58.35%57.76%55.75%49.23%46.16%52.85%34.47%

OVERHEAD EXPENSES

A & G85,89958,50458,93158,68158,33958,09658,04658,28958,51959,23959,29059,101730,9363.55%941,1985.27%945,8255.78%954,6785.64%580,4246.82%

S & M58,47642,98743,34243,22043,05242,93342,90843,02743,14043,49343,51943,426533,5232.59%414,9562.32%251,3041.54%262,0431.55%158,4821.86%

M & E47,08537,52738,08737,89437,92937,74139,00237,59037,76838,32538,36538,219465,5322.26%830,0134.64%856,9225.24%547,6583.23%229,3352.70%

Human Resources16,62216,43113,10612,61912,87212,39712,50512,86012,92614,74613,08712,087162,2590.79%88,5300.50%00.00%00.00%00.00%

IT11,4346,4926,8636,5466,6646,5699,0946,3907,1847,0087,5267,55889,3280.43%75,1250.42%00.00%00.00%00.00%

Security15,03211,58612,02311,87211,66611,51911,48911,63611,77512,20912,24012,126145,1730.70%255,5751.43%130,1190.80%215,6091.27%82,0040.96%

Staff Canteen6,8815,9086,0315,9895,9315,8905,8815,9225,9616,0846,0926,06072,6320.35%- 00.00%00.00%00.00%00.00%

TOTAL OVERHEAD241,428179,435178,382176,821176,454175,145178,925175,715177,274181,105180,119178,5782,199,38310.67%2,605,39714.58%2,184,17013.36%1,979,98711.69%1,050,24512.35%

GROSS OPERATING PROFIT649,894705,833828,887792,395729,864674,065687,781737,999755,063913,128928,629891,0889,294,62545.08%6,194,18834.65%5,363,58632.80%6,970,96641.16%1,881,42322.12%

GOP MARGIN (%)37.51%43.53%47.11%46.13%44.36%43.11%42.77%44.27%45.25%48.54%48.87%48.12%45.08%34.65%32.80%41.16%22.12%

FIXED EXPENSES

Depreciation Reserve200,811200,811200,811200,811200,811200,811200,811200,811200,811200,811200,811200,8112,409,73611.69%2,409,73613.48%1,679,22310.27%2,105,64912.43%842,8909.91%

EMC Fee (3% Revenue)51,98448,64052,78051,53849,36246,90648,24750,01150,05556,43957,00655,556618,5243.00%536,2253.00%00.00%00.00%00.00%

Provision F.F. & E24,70121,91022,86722,14322,24521,72821,69221,74621,48322,93823,15823,038269,6481.31%269,6481.51%00.00%00.00%00.00%

- 0

EARNING BEFORE INTEREST & TAX372,399434,471552,428517,903457,446404,620417,031465,431482,714632,939647,654611,6835,996,71829.09%2,978,58016.66%3,684,36222.53%4,865,31728.73%1,038,53312.21%

EBIT (%)21.49%26.80%31.40%30.15%27.80%25.88%25.93%27.92%28.93%33.64%34.08%33.03%29.09%16.66%22.53%28.73%12.21%

INCOME TAX (25% of EBIT)93,100108,618138,107129,476114,361101,155104,258116,358120,679158,235161,913152,9211,499,1807.27%744,6454.17%00.00%00.00%00.00%

NET OPERATING PROFIT279,299325,853414,321388,427343,084303,465312,773349,073362,036474,704485,740458,7624,497,53921.81%2,233,93512.50%3,684,36222.53%4,865,31728.73%1,038,53312.21%

NOP (%)16.12%20.10%23.55%22.61%20.85%19.41%19.45%20.94%21.70%25.23%25.56%24.77%21.81%12.50%22.53%28.73%12.21%




--------------------------------------------------------------------------------------------------------------- BUDGET ---------------------------------------------------------------------------------------------------------------------------------------------------- ACTUALS --------------------------------------

MonthJanFebMarAprMayJunJulAugSeptOctNovDecTotal 2009%Total 2008%Total 2007%Total 2006%Total 2005%

REVENUE CENTER

TOTAL REVENUE1,732,7951,621,3401,759,3311,717,9271,645,3971,563,5171,608,2301,667,0181,668,5111,881,3121,900,2041,851,87920,617,462100.00%17,874,16516,352,14716,937,4338,505,449

COST OF SALES318,093307,973314,633312,798309,536293,946313,624319,293304,921336,890339,189334,7723,805,66918.46%3,143,7383,701,3023,386,4682,167,309

PAYROLL & RELATED EXPENSES319,008223,833228,268226,703224,654223,372222,745224,161225,819229,785230,044228,9602,807,35213.62%2,587,6432,296,0281,873,7451,368,554

OTHER EXPENSES236,172231,067235,961236,010231,689223,789231,955236,649232,234247,204249,023245,2812,837,03313.76%3,306,1912,807,0612,726,2662,037,918

COST TO CREDIT-31,800-26,800-26,800-26,800-26,800-26,800-26,800-26,800-26,800-26,800-26,800-26,800-326,600-1.58%37,007000

DEPARTMENT PROFIT891,323885,2681,007,269969,216906,318849,210866,706913,715932,3371,094,2321,108,7481,069,66611,494,00955.75%8,799,5857,547,7568,950,9532,931,668

GROSS MARGIN (%)51.44%54.60%57.25%56.42%55.08%54.31%53.89%54.81%55.88%58.16%58.35%57.76%55.75%49.23%46.16%52.85%34.47%

UNDISTRIBUTED OPER. EXPENSES

PAYROLL & RELATED EXPENSES165,456106,548105,376104,293103,582102,562102,468103,351104,129107,537106,109104,6311,316,0426.38%1,251,6301,021,073959,199598,724

OTHER EXPENSES75,97272,88873,00672,52872,87272,58376,45872,36473,14573,56774,01073,947883,3414.28%1,353,7681,163,0971,020,788451,521

TOTAL UNDISTRIBUTED OPER. EXP.241,428179,435178,382176,821176,454175,145178,925175,715177,274181,105180,119178,5782,199,3832,605,3972,184,1701,979,9871,050,245

GROSS OPERATING PROFIT (GOP)649,894705,833828,887792,395729,864674,065687,781737,999755,063913,128928,629891,0889,294,62545.08%6,194,1885,363,5866,970,9661,881,423

GOP %37.51%43.53%47.11%46.13%44.36%43.11%42.77%44.27%45.25%48.54%48.87%48.12%45.08%34.65%32.80%41.16%22.12%

FIXED EXPENSES

DEPRECIATION200,811200,811200,811200,811200,811200,811200,811200,811200,811200,811200,811200,8112,409,73611.69%2,184,8851,679,2232,105,649842,890

EMC FEE51,98448,64052,78051,53849,36246,90648,24750,01150,05556,43957,00655,556618,5243.00%449,197000

FFE PROVISION24,70121,91022,86722,14322,24521,72821,69221,74621,48322,93823,15823,038269,6481.31%0000

EARNING BEFORE INTEREST & TAX372,399434,471552,428517,903457,446404,620417,031465,431482,714632,939647,654611,6835,996,71829.09%3,560,1063,684,3624,865,3171,038,533

EBIT %21.49%26.80%31.40%30.15%27.80%25.88%25.93%27.92%28.93%33.64%34.08%33.03%29.09%19.92%22.53%28.73%12.21%

INCOME TAX93,100108,618138,107129,476114,361101,155104,258116,358120,679158,235161,913152,9211,499,1807.27%890,026000

NET OPERATING PROFIT279,299325,853414,321388,427343,084303,465312,773349,073362,036474,704485,740458,7624,497,53921.81%2,670,0793,684,3624,865,3171,038,533

NOP %16.12%20.10%23.55%22.61%20.85%19.41%19.45%20.94%21.70%25.23%25.56%24.77%21.81%14.94%22.53%28.73%12.21%




--------------------------------------------------------------------------------------------------------------- BUDGET ---------------------------------------------------------------------------------------------------------------------------------------------------- ACTUALS --------------------------------------

MonthJanFebMarAprMayJunJulAugSeptOctNovDecTotal 2009%Total 2008%Total 2007%Total 2006%Total 2005%%

TOTAL REVENUE1,732,7951,621,3401,759,3311,717,9271,645,3971,563,5171,608,2301,667,0181,668,5111,881,3121,900,2041,851,87920,617,46217,874,16516,352,14716,937,4338,505,449

ROOMS

Revenue767,988683,064804,942761,691703,479669,226651,229689,649735,114850,887860,428828,5199,006,217100.00%7,582,443100.00%7,317,162100.00%4,920,663100.00%2,360,674100.00%

Cost of Sales15,59315,59315,59315,59315,59315,59315,59315,59315,59315,59315,59315,593187,1222.08%43,2720.57%470,1776.43%426,8208.67%161,6986.85%

Payroll & Related Expenses52,30936,78537,73237,39836,96036,68736,55336,85537,20938,05638,11137,880462,5365.14%455,1326.00%608,1168.31%357,2247.26%329,56213.96%

Other Expenses95,52593,23596,48395,34693,80892,84992,45193,48794,63097,78998,05097,1851,140,83812.67%1,221,75516.11%1,265,01417.29%899,67818.28%735,66631.16%

8,614

ROOMS DEPT. PROFIT604,560537,450655,133613,353557,117524,096506,631543,713587,682699,449708,674677,8617,215,72180.12%5,853,67077.20%4,973,85567.98%3,236,94165.78%1,133,74748.03%

F & B

Revenue806,742792,249797,017815,122798,832754,453814,580832,018789,743867,658878,761861,3369,808,511100.00%8,474,829100.00%8,068,063100.00%5,858,571100.00%4,651,084100.00%

Cost Of Sales247,915243,557245,743250,931246,543232,234250,724256,367243,185267,030270,179264,9583,019,36430.78%2,703,91431.91%3,007,66137.28%2,231,75938.09%1,984,48442.67%

Pay. & Rel. Exp.197,952134,033136,701135,760134,527133,756133,379134,231135,228137,614137,770137,1181,688,06617.21%1,556,27918.36%1,420,02417.60%1,112,47018.99%906,90419.50%

Other Expens.112,558110,016111,324112,611110,007103,266111,716114,547108,985120,275121,786119,0471,356,13713.83%1,237,44214.60%1,134,65614.06%1,265,40321.60%1,041,41622.39%

21,030

F & B DEPT. PROFIT248,317304,643303,250315,821307,755285,197318,762326,873302,346342,739349,026340,2133,744,94338.18%2,956,16534.88%2,505,72231.06%1,248,93921.32%718,27915.44%

LAUNDRY

Revenue4,4554,4004,6204,5654,2354,2354,1803,9604,5654,6204,6754,45552,965100.00%45,971100.00%61,799100.00%44,205100.00%35,931100.00%

Cost Of Sales1,7001,2001,2001,2001,2001,2001,2001,2001,2001,2001,2001,20014,90028.13%16,183--35.20%30,09148.69%11,12425.17%9,89127.53%

Pay. & Rel. Exp.11,3778,7889,1128,9978,8488,7558,7098,8128,9339,2229,2419,162109,956207.60%62,981137.00%56,77591.87%43,37498.12%26,20672.94%

Other Expens.8,9578,9098,9688,9518,9208,8848,9048,9298,9299,0219,0299,008107,408202.79%40,58688.29%81,856132.46%37,85685.64%18,74152.16%

Cost to Credit-30,000-25,000-25,000-25,000-25,000-25,000-25,000-25,000-25,000-25,000-25,000-25,000305,000--575.85%- 00.00%0.00%0.00%0.00%

LAUNDRY DEPT. PROFIT12,42110,50310,34010,41710,26710,39610,36810,01910,50310,17710,20510,085125,701237.33%41,413--90.09%(106,924)-173.02%(48,149)-108.92%(18,908)-52.62%

BUSINESS CENTER

Revenue3,1352,8733,3983,3983,1352,8732,8732,8733,1353,3983,3983,13537,620100.00%64,293100.00%45,519100.00%51,725100.00%34,536100.00%

Cost Of Sales94990399599594990390390394999599594911,38430.26%15,95624.82%6,91315.19%6461.25%780.23%

Pay. & Rel. Exp.1,19189192691489888888389490793894093111,20129.77%4,7817.44%00.00%00.00%3,1829.21%

Other Expens.6346296356336306266286316316416426207,58120.15%43,87368.24%20,43944.90%38,99975.40%43,571126.16%

Cost to Credit000000000000- 00.00%- 00.00%0.00%0.00%0.00%

BUSINESS CENTER DEPT. PROFIT3614498428566584564594456488248216357,45419.81%318--0.49%18,16739.91%12,08123.36%(12,295)-35.60%

TELEPHONE

Revenue2,9832,9833,3503,3503,1403,1402,9832,9832,9833,3503,6653,35038,258100.00%24,627100.00%37,343100.00%42,944100.00%37,767100.00%

Cost Of Sales8958951,0051,0059429428958958951,0051,1001,00511,47730.00%6,29325.55%00.00%00.00%00.00%

Pay. & Rel. Exp.2,2011,6101,6671,6471,6201,6041,5951,6141,6351,6871,6901,67620,24752.92%11,56746.97%4771.28%00.00%4991.32%

Other Expens.1431341451421361301331381381541551521,6994.44%8,69835.32%19,24951.55%21,12049.18%18,87049.96%

Cost to Credit000000000000- 00.00%- 00.00%0.00%0.00%0.00%

TELEPHONE DEPT. PROFIT-2563445335564424653593363155047205174,83512.64%1,930--7.84%17,61747.18%21,82550.82%18,39948.72%

TRANSPORTATION

Revenue5,5765,5766,2065,7865,7865,5765,5765,5765,7866,3116,3115,99670,056183.12%39,035158.50%5,14613.78%9,17121.36%2,4976.61%

Cost Of Sales2,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,00024,00062.73%- 00.00%00.00%00.00%00.00%

Pay. & Rel. Exp.5,5474,0164,1554,1064,0424,0023,9824,0264,0784,2024,2104,17650,542132.11%70,682287.01%20,17754.03%45,485105.92%34,19390.54%

Other Expens.1,5191,4991,5241,5171,5031,4881,4971,5071,5081,5471,5501,54118,20147.57%73,394298.02%61,613164.99%51,086118.96%35,77294.72%

Cost to Credit-1,800-1,800-1,800-1,800-1,800-1,800-1,800-1,800-1,800-1,800-1,800-1,80021,600--56.46%- 00.00%0.00%0.00%0.00%

TRANSPORTATION DEPT. PROFIT-1,691-140327-3740-114-103-158-0362350781,087--2.84%105,042--426.53%(76,644)-205.24%(87,399)-203.52%(67,468)-178.64%

MASSAGE

Revenue20,91020,91020,91020,91020,91020,91020,93024,08024,08024,08024,08024,080266,790100.00%234,646100.00%306,742100.00%311,227100.00%174,064100.00%

Cost Of Sales1691691691691691691691951951951951952,1590.81%9,0403.85%16,8635.50%1,5840.51%1,6210.93%

Pay. & Rel. Exp.14,2629,85010,11510,0229,8999,8229,7859,8699,96910,20610,22210,157124,17746.55%94,62240.33%100,52632.77%89,02628.60%56,56032.49%

Other Expens.7,4727,4337,4827,4677,4417,4137,4338,1378,1388,2138,2198,20293,05034.88%82,41135.12%135,70544.24%124,66240.06%99,90057.39%

452

MASSAGE DEPT. PROFIT-9933,4583,1443,2523,4003,5063,5435,8795,7795,4665,4445,52647,40417.77%48,12120.51%53,64917.49%95,95530.83%15,9839.18%

DISCO

Revenue109,82498,102107,70591,92294,69791,92294,69794,69791,922109,824107,703109,8241,202,838100.00%916,817100.00%432,235100.00%1,759,986100.00%19,257100.00%

Cost Of Sales48,87243,65547,92940,90542,14040,90542,14042,14040,90548,87247,92848,872535,26344.50%381,44641.61%169,59739.24%714,53640.60%9,53649.52%

Pay. & Rel. Exp.34,17027,86027,86027,86027,86027,86027,86027,86027,86027,86027,86027,860340,62828.32%331,59936.17%89,93320.81%226,16712.85%11,44759.45%

Other Expens.9,3639,2119,3999,3439,2449,1329,1939,2739,2769,5669,5919,525112,1189.32%295,87532.27%88,52920.48%287,46216.33%28,250146.70%

6,911

DISCO DEPT. PROFIT17,42017,37622,51713,81415,45314,02415,50415,42413,88123,52722,32423,567214,83017.86%99,014--10.80%84,17619.47%531,82230.22%(29,977)-155.67%

OTHER INCOME - SCRAP

Revenue10,08410,08410,08410,08410,08410,08410,08410,08410,08410,08410,08410,084121,008100.00%491,505100.00%78,139100.00%3,938,940100.00%1,189,639100.00%

Cost Of Sales000000000000- 00.00%- 00.00%0.00%00.00%0.00%

Pay. & Rel. Exp.000000000000- 00.00%- 00.00%0.00%00.00%0.00%

Other Expens.000000000000- 00.00%302,15861.48%0.00%0.00%15,7311.32%

OTHER INCOME - SCRAP PROFIT10,08410,08410,08410,08410,08410,08410,08410,08410,08410,08410,08410,084121,008100.00%189,34738.52%78,139100.00%3,938,940100.00%1,173,90898.68%

GAINS IN EXCHANGE

Revenue1,1001,1001,1001,1001,1001,1001,1001,1001,1001,1001,1001,10013,200100.00%- 00.00%0.00%0.00%0.00%

Cost Of Sales000000000000- 00.00%- 00.00%0.00%0.00%0.00%

Pay. & Rel. Exp.000000000000- 00.00%- 00.00%0.00%0.00%0.00%

Other Expens.000000000000- 00.00%- 00.00%0.00%0.00%0.00%

GAINS IN EXCHANGE PROFIT1,1001,1001,1001,1001,1001,1001,1001,1001,1001,1001,1001,10013,200100.00%- 00.00%00.00%00.00%00.00%

TOTAL DEPARTMENT PROFIT891,323885,2681,007,269969,216906,318849,210866,706913,715932,3371,094,2321,108,7481,069,66611,494,00955.75%8,799,58549.23%7,547,75646.16%8,950,95352.85%2,931,66834.47%

GROSS MARGIN (%)51.44%54.60%57.25%56.42%55.08%54.31%53.89%54.81%55.88%58.16%58.35%57.76%55.75%49.23%46.16%52.85%34.47%




--------------------------------------------------------------------------------------------------------------- BUDGET ---------------------------------------------------------------------------------------------------------------------------------------------------- ACTUALS --------------------------------------


OVERHEAD EXPENS.241,428179,435178,382176,821176,454175,145178,925175,715177,274181,105180,119178,5782,199,38310.67%2,605,39714.58%2,184,17013.36%1,979,98711.69%1,050,24512.35%

A & G

Payroll & Rel. Exp.64,82237,51838,13037,91437,63237,45537,36837,56437,79238,34038,37638,226481,138446,601523,085474,704327,725

Other Expens.21,07620,98620,80020,76720,70820,64120,67820,72520,72720,89920,91520,875249,798494,597422,740479,973252,699

TOTAL A & G85,89958,50458,93158,68158,33958,09658,04658,28958,51959,23959,29059,101730,9363.55%941,1985.27%945,8255.78%954,6785.64%580,4246.82%

S & M

Payroll & Rel. Exp.34,84219,39819,69819,59219,45319,36619,32419,42019,53219,80119,81819,745249,989213,094131,753128,46184,068

Other Expens.23,63423,58923,64423,62823,59923,56623,58423,60823,60823,69323,70023,681283,534201,862119,551133,58274,414

TOTAL S & M58,47642,98743,34243,22043,05242,93342,90843,02743,14043,49343,51943,426533,5232.59%414,9562.32%251,3041.54%262,0431.55%158,4821.86%

M & E

Payroll & Rel. Exp.28,14318,65519,12818,96118,74218,60618,53918,69018,86719,29019,31819,202236,142239,576245,118181,346114,749

Other Expens.18,94218,87218,95818,93219,18719,13520,46318,90018,90119,03519,04719,016229,390590,437611,804366,312114,586

TOTAL M & E47,08537,52738,08737,89437,92937,74139,00237,59037,76838,32538,36538,219465,5322.26%830,0134.64%856,9225.24%547,6583.23%229,3352.70%

HR

Payroll & Rel. Exp.12,56112,8109,6999,3009,4869,0269,2069,4709,52211,1969,6548,650120,58065,310

Other Expens.4,0623,6213,4073,3193,3863,3713,2993,3903,4033,5493,4333,43741,67923,220

TOTAL HR16,62216,43113,10612,61912,87212,39712,50512,86012,92614,74613,08712,087162,2590.79%88,5300.50%00.00%00.00%00.00%

IT

Payroll & Rel. Exp.7,4684,8954,9764,9474,9104,8874,8754,9014,9315,0045,0084,98961,79247,589

Other Expenses3,9661,5971,8871,5981,7541,6834,2181,4892,2532,0052,5182,57027,53727,535

TOTAL IT11,4346,4926,8636,5466,6646,5699,0946,3907,1847,0087,5267,55889,3280.43%75,1250.42%00.00%00.00%00.00%

SECURITY

Payroll & Rel. Exp.13,3839,99210,36110,23110,0609,9539,90110,01910,15710,48810,50910,419125,474239,459121,117174,68872,181

Other Expenses1,6491,5941,6621,6421,6061,5661,5881,6171,6171,7221,7311,70719,69916,1169,00240,9219,823

TOTAL SECURITY15,03211,58612,02311,87211,66611,51911,48911,63611,77512,20912,24012,126145,1730.70%255,5751.43%130,1190.80%215,6091.27%82,0040.96%

STAFF CANTEEN

Payroll & Rel. Exp.4,2373,2803,3843,3473,2993,2693,2543,2883,3263,4193,4253,40040,929- 0

Other Expenses2,6442,6292,6482,6422,6322,6212,6272,6352,6352,6642,6672,66031,703- 0

TOTAL STAFF CANTEEN6,8815,9086,0315,9895,9315,8905,8815,9225,9616,0846,0926,06072,6320.35%- 00.00%00.00%00.00%00.00%

GROSS OPERATING PROFIT649,894705,833828,887792,395729,864674,065687,781737,999755,063913,128928,629891,0889,294,62545.08%6,194,18834.65%5,363,58632.80%6,970,96641.16%1,881,42322.12%

GOP MARGIN (%)37.51%43.53%47.11%46.13%44.36%43.11%42.77%44.27%45.25%48.54%48.87%48.12%45.08%34.65%32.80%41.16%22.12%

FIXED EXPENSES

Depreciation Reserve200,811200,811200,811200,811200,811200,811200,811200,811200,811200,811200,811200,8112,409,73611.69%2,184,88512.22%1,679,22310.27%2,105,64912.43%842,8909.91%

EMC Fee (3% Revenue)51,98448,64052,78051,53849,36246,90648,24750,01150,05556,43957,00655,556618,5243.00%449,1972.51%0.00%0.00%0.00%

Provision F.F. & E24,70121,91022,86722,14322,24521,72821,69221,74621,48322,93823,15823,038269,6481.31%- 00.00%0.00%0.00%0.00%

EARNING BEFORE INTEREST & TAX372,399434,471552,428517,903457,446404,620417,031465,431482,714632,939647,654611,6835,996,71829.09%3,560,10619.92%3,684,36222.53%4,865,31728.73%1,038,53312.21%

EBIT MARGIN (%)21.49%26.80%31.40%30.15%27.80%25.88%25.93%27.92%28.93%33.64%34.08%33.03%29.09%19.92%22.53%28.73%12.21%

INCOME TAX (25% of EBIT)93,100108,618138,107129,476114,361101,155104,258116,358120,679158,235161,913152,9211,499,1807.27%890,0264.98%0.00%0.00%0.00%

NET OPERATING PROFIT279,299325,853414,321388,427343,084303,465312,773349,073362,036474,704485,740458,7624,497,53921.81%2,670,07914.94%3,684,36222.53%4,865,31728.73%1,038,53312.21%

NOP (%)16.12%20.10%23.55%22.61%20.85%19.41%19.45%20.94%21.70%25.23%25.56%24.77%21.81%14.94%22.53%28.73%12.21%



--------------------------------------------------------------------------------------------------------------- BUDGET ---------------------------------------------------------------------------------------------------------------------------------------------------- ACTUALS --------------------------------------


COST OF SALES318,093307,973314,633312,798309,536293,946313,624319,293304,921336,890339,189334,7723,805,66918.46%3,143,73817.59%3,701,30222.63%3,386,46819.99%2,167,30925.48%

OPER. PAYROLL & RELATED EXP.319,008223,833228,268226,703224,654223,372222,745224,161225,819229,785230,044228,9602,807,35213.62%2,587,64314.48%2,296,02814.04%1,873,74511.06%1,368,55416.09%

OPER. OTHER EXPENSES236,172231,067235,961236,010231,689223,789231,955236,649232,234247,204249,023245,2812,837,03313.76%3,306,19118.50%2,807,06117.17%2,726,26616.10%2,037,91823.96%

FFE CONSUMABLE000000000000- 00.00%37,0070.21%00.00%00.00%00.00%

COST TO CREDIT-31,800-26,800-26,800-26,800-26,800-26,800-26,800-26,800-26,800-26,800-26,800-26,800326,600--1.58%- 00.00%00.00%00.00%00.00%

TOTAL OPER. COST & EXPENSES841,473736,072752,062748,711739,079714,308741,524753,304736,174787,079791,456782,2129,123,45444.25%9,074,58050.77%8,804,39153.84%7,986,48047.15%5,573,78065.53%

Service Charge CONTRA OUTPUT90,68085,59992,11389,81586,80584,92384,00286,08288,51794,34194,72293,1301,070,7295.19%1,006,9075.63%0.00%0.00%0.00%

No. of EXPATS2323232323232323232323232323

No. of ASSOCIATES6306306796796796796796796796796796796790.01%916

No. of CASUAL LOBOR1911911911911911911911911911911911911910.00%- 0

TOTAL No. of EMPLOYEES844844893893893893893893893893893893893939000

CONTRIBUTION per ASSOCIATE2,7502,5742,5912,5302,4232,3032,3692,4552,4572,7712,7992,7272,5621,611

TOTAL PAYROLL484,464330,380333,644330,996328,236325,934325,213327,513329,948337,322336,153333,5914,123,39520.00%3,839,27321.48%3,317,10120.29%2,832,94516.73%1,967,27823.13%

% of PAYROLL on TURNOVER28.0%20.4%19.0%19.3%19.9%20.8%20.2%19.6%19.8%17.9%17.7%18.0%20.0%0.0%21.5%20.29%16.73%23.13%

OCCUPANNCY %79.6%78.8%82.5%81.6%75.6%74.6%70.8%74.7%81.5%82.5%83.5%79.7%78.8%74.7%84.02%78.22%49.58%

ARR excl. Service Charge86.8586.4387.7586.7983.9983.6483.1583.4484.1692.3195.0493.0487.3676.6873.0442.9334.06

No. of GUESTS - FO15,86014,21116,46815,76715,00114,27514,01214,82315,70816,44516,09315,896184,5590198,287185,628

ROOMS NIGHTS SOLD9,5228,5179,8749,4539,0518,6398,4698,9379,4409,8689,6659,531110,966106,398119,629111,37070,584

TOTAL No. of COVERS - F&B52,85552,44453,69252,92052,94848,27053,13453,32050,97056,04856,58054,312637,4930

AVG. CHECK - F&B14.2114.0913.8514.3714.1014.5614.3014.5614.4414.4414.4914.7814.3514.82

TOTAL YIELD per ROOM182190178182182181190187177191197194186168137152121

AVG. ROOM REV. per DAY24,77424,39525,96625,39022,69322,30821,00722,24724,50427,44828,68126,72624,67520,773.82

AVG. F&B REV. per DAY26,02428,29525,71027,17125,76925,14826,27726,83926,32527,98929,29227,78526,87323,219

AVG. WPH REV. per DAY55,89757,90556,75357,26453,07752,11751,87853,77555,61760,68763,34059,73856,48648,970.31

F&B FOOD COST %33.2%33.1%33.2%33.1%33.1%33.1%33.1%33.1%33.1%33.2%33.1%33.1%33.1%34.6%

F&B BEVERAGE COST %27.9%28.1%28.1%28.4%28.5%28.7%28.4%28.5%28.5%28.3%28.3%28.4%28.3%30.0%

165,456106,548105,376104,293103,582102,562102,468103,351104,129107,537106,109104,6311,316,042

75,97272,88873,00672,52872,87272,58376,45872,36473,14573,56774,01073,947883,341

241,428179,435178,382176,821176,454175,145178,925175,715177,274181,105180,119178,5782,199,383

&L&"Arial,Bold"&9Budget 2009 - Summary&R&9Page &P of &N

Bud. Dep. Revenue


BUDGET - YEAR 2009

ROOMSCurrency:USDAccountT0T1 fromT1 toT2M codesfood costbev cotskitchen fuelother chemicaltotalfoodbeverageotherss.chargesdiscounts

MonthJanFebMarAprMayJunJulAugSeptOctNovDecTotal Budget2008 Actual11FB REVCOST OF SALES52500

STATISTICS

Room Nights Sold9,5228,5179,8749,4539,0518,6398,4698,9379,4409,8689,6659,531110,966106,398M00311M003Occupied Rooms w/o Compl.

Average Room Rate86.8586.4387.7586.7983.9983.6483.1583.4484.1692.3195.0493.0487.3676.6811

Room Available11,96610,80811,96611,58011,96611,58011,96611,96611,58011,96611,58011,966140,890142,374M00211M002

Revenue Penetration69.1168.1172.4070.8563.5362.4058.8562.3268.6176.1379.3274.1168.8057.3011

Occupancy %79.57%78.81%82.52%81.63%75.64%74.60%70.77%74.69%81.52%82.47%83.46%79.65%78.76%74.73%110.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Breakfast Board Transfer102,77392,087106,713102,17097,20692,50290,79896,053101,788106,564104,283103,0061,195,942876,80411

Breakfast Walkin109,96798,533114,183109,322104,01198,97797,154102,777108,913114,023111,582110,2171,279,658876,80411

Guest Number15,86014,21116,46815,76715,00114,27514,01214,82315,70816,44516,09315,896184,5590M00611M006

REVENUE

Airlines Non-Crew1,2321,3531,9159158557418018589391,0161,5281,60813,75805113-01010110100

Airlines Crew64,14659,37665,11265,23766,15464,23565,04965,80163,01664,48562,54364,711769,86656,7545113-010101102

Corporate220,990154,825231,446195,843213,126218,948191,439205,070223,922266,018264,699219,7512,606,0772,760,8355113-010101103

Internet119,435105,213127,081122,558114,613103,825101,697110,173121,389133,104134,354130,7161,424,1591,032,8655113-010111105

Travel and tour416,259409,903436,734431,422361,264332,370340,184358,666381,741442,472452,454465,7974,829,2664,307,8995113-010101104

Others4,9105,4554,1074,4634,2232,4805,0085,2053,4713,8683,0054,16650,35905113-010111106

Sub-Total Revenue826,972736,125866,395820,439760,234722,598704,178745,773794,478910,963918,582886,7489,693,4858,158,3539,693,485

Less: Rebates /Discounts484,674484,674

Room Allowances5,0004,5005,5004,8005,0004,2004,8004,8004,5006,5007,0007,00063,60005320-0101011

Breakfast Board Transfer - Food95,57985,64199,24395,01890,40286,02784,44289,32994,66399,10496,98395,7961,112,226876,80411

Breakfast Board Transfer - Beverage7,1946,4467,4707,1526,8046,4756,3566,7247,1257,4597,3007,21083,716011

Breakfast Board Transfer - F&B102,77392,087106,713102,17097,20692,50290,79896,053101,788106,564104,283103,0061,195,94205320-0101011

Add: Other Room Sales7,4406,7207,4407,2007,4407,2007,4407,4407,2007,4407,2007,44087,600(112,894)5113-0102011

Add: 5% Service charge41,34936,80643,32041,02238,01236,13035,20937,28939,72445,54845,92944,337484,674413,7885113-0107011

NET ROOM REVENUE767,988683,064804,942761,691703,479669,226651,229689,649735,114850,887860,428828,5199,006,2177,582,443

COST OF SALES

Food cost00000000000001,01011

Beverage cost00000000000009111

Guest supplies7,2947,2947,2947,2947,2947,2947,2947,2947,2947,2947,2947,29487,5342776277-0026011

Cleaning supplies3,9463,9463,9463,9463,9463,9463,9463,9463,9463,9463,9463,94647,3543,5996272-0001011

Guest free telephone4848484848484848484848485744926277-0040011

Guest free internet1,4351,4351,4351,4351,4351,4351,4351,4351,4351,4351,4351,43517,22011,0076277-0041011

Guest free laundry2,8702,8702,8702,8702,8702,8702,8702,8702,8702,8702,8702,87034,44026,7966277-0039011

COST OF ROOM SALES-TOTAL15,59315,59315,59315,59315,59315,59315,59315,59315,59315,59315,59315,593187,12243,272

PAYROLL & RELATED EXPENSES

Salaries & Wages - Local12,96712,96712,96712,96712,96712,96712,96712,96712,96712,96712,96712,967155,60231,105211,5906271-0010111ELELz

Salaries & Wages - Expat4,0404,0404,0404,0404,0404,0404,0404,0404,0404,0404,0404,04048,48047,6226271-0010111EE0EE0z

Casual Labor - Local2,6642,6642,6642,6642,6642,6642,6642,6642,6642,6642,6642,66431,973446271-0010211

Service Charge12,40011,66112,60812,27411,83611,56311,42911,73112,08512,93212,98812,756146,264124,1076271-0020011

Bonus10,4810000000000010,48106220-0030011ELELz1-month salary

Employee meals - Local3,0473,0473,0473,0473,0473,0473,0473,0473,0473,0473,0473,04736,56347,1636271-0060011

Officer Coupon - Expat3103103103103103103103103103103103103,7201,4776271-0060011

Allowances00000000000004,1226271-00400110

Social Insurance contribution - Local98398398398398398398398398398398398311,79111,7516271-0010311ELELz

Health Insurance contribution - Local1311311311311311311311311311311311311,5723,3986271-0010411EEEEz

0000000000000011

Unemployment Insurance - Local66666666666666666666666678606271-00800111% of 50% salaries

Union Fees - Local1311311311311311311311311311311311311,57206271-00105112% of 50% salaries, Prov for leave pay & passage

Employee benefit - Local6366366366366366366366366366366366367,62806271-0050011Workmen Compensation & Other welfare/benefit

Air Ticket - Expat1,320000000000001,3202,9406271-0001011

Rental accommodation - Expat000000000000006271-0010611

Visa extension fee - Expat3440000000000034406271-0070011

Cell phone - Expat18181818181818181818181821606278-0019011

Provision for Increment - Expat1321321321321321321321321321321321321,58406271-0010111EE1EE1zSalary raise

Provision for Bonus - Expat2,640000000000002,64006220-0030011EEEEzYear-end bonus for expat2,6402,640

Others00000000000009196271-0090011Employee relation benefits: drinking water00

TOTAL PAY ROLL RELATED EXPENSES52,30936,78537,73237,39836,96036,68736,55336,85537,20938,05638,11137,880462,536455,132

OTHER EXPENSES

Chinaware0011

Glassware0286273-0012011

Stainlessware0011

Plasticware0011

Linen07,2246273-0015011

Uniform01,3616278-0004011

0011

Commission14,88913,24315,60614,76713,63912,97412,62613,37014,25216,49616,68116,063174,606123,3806417-0005011

Contract cleaning - Pest control3833833833833833833833833833833833834,5925,1416277-0013011

0000000000000011

Contract security0000000000000011

Kitchen fuel0000000000000011

Laundry & Valet95795795795795795795795795795795795711,48018,2416278-0023011

Music & Entertainment1,9131,9131,9131,9131,9131,9131,9131,9131,9131,9131,9131,91322,960113,9666277-0028011

Advertisement1,1481,1481,1481,1481,1481,1481,1481,1481,1481,1481,1481,14813,7767,9436417-0003011

Banking Expenses00000000000001,26611

Miscellaneous / Contingency4,5584,4184,5914,5394,4484,3454,4024,4754,4774,7454,7684,70854,47506278-0013011

0000000000000011

000000000000017,70311

Cleaning000000000000033,09311

Guest supplies000000000000064,2076277-0026011

Printing & Stationery1,6261,6261,6261,6261,6261,6261,6261,6261,6261,6261,6261,62619,51616,7596272-0016011

Others0000000000000011

Banquet expenses000000000000011

Decoration1,9131,9131,9131,9131,9131,9131,9131,9131,9131,9131,9131,91322,9607,0916277-0007011

Licences & Fees000000000000046277-0011011

Menus/wine lists0000000000000011

Utensils000000000000037,59411

Local Transport1,4631,4631,4631,4631,4631,4631,4631,4631,4631,4631,4631,46317,55606278-0012011

Telephone & Telex2872872872872872872872872872872872873,4442,8836277-0019011

Signage6406406406406406406406406406406406407,68060,2786277-00170117,680

Building maintenance2,3862,3862,3862,3862,3862,3862,3862,3862,3862,3862,3862,38628,6376274-0003011

Painting & Decorations2,9812,9812,9812,9812,9812,9812,9812,9812,9812,9812,9812,98135,7776277-0029011

Computer purchased & maintenance3403403403403403403403403403403403404,0856273-0006011

Furniture maintenance2424242424242424242424242846273-0010011

Floor covering2632632632632632632632632632632632633,1536273-0009011

Ground & landscape purchased5375375375375375375375375375375375376,4416277-0020011

Plumbing5105105105105105105105105105105105106,1176273-0021011

Spring mattres & Pillows1381381381381381381381381381381381381,6506273-0022011

Other equipment maintenance1791791791791791791791791791791791792,1486273-0019011

Electricity54,11654,11654,11654,11654,11654,11654,11654,11654,11654,11654,11654,116649,391642,3946277-0008011

Water4,2743,7714,4824,2363,9173,7263,6203,8374,0974,7444,7964,61150,11249,2716277-0025011454560.026799887

Others000000000000020,539

TOTAL OTHER EXPENSES95,52593,23596,48395,34693,80892,84992,45193,48794,63097,78998,05097,1851,140,8381,221,755

150

TOTAL COST & EXPENSES163,427145,614149,809148,338146,362145,129144,598145,935147,433151,439151,755150,6581,790,49601,728,773453,852540

180

DEPARTMENT PROFIT604,560537,450655,133613,353557,117524,096506,631543,713587,682699,449708,674677,8617,215,7215,853,670960

DEPARTMENT PROFIT MARGIN (%)78.72%78.68%81.39%80.53%79.19%78.31%77.80%78.84%79.94%82.20%82.36%81.82%80.12%77.20%


BUDGET - YEAR 2009

BUSINESS CENTERCurrency:USDfood costbev cotskitchen fuelother chemicaltotalfoodbeverageotherss.chargesdiscounts

MonthJanFebMarAprMayJunJulAugSeptOctNovDecTotal Budget2008 Actual15AFB REVCOST OF SALES52500

REVENUE

Telex & Telefax5,5005,0006,0006,0005,5005,0005,0005,0005,5006,0006,0005,50066,00081,5535113-0102015Asalexecutive xpatsocial insHealth insurextra wagesWorkmens compenmeal allowleave allowmobile allowother allowservice chargebons66,00066,000

Other Business Center5005005005005005005005005005005005006,0005,0645113-0402015A6,0006,000

000000000000015A

Add: 5% Service charge3002753253253002752752753003253253003,6002,7275113-0701015A3,600

Sub-Total Revenue6,3005,7756,8256,8256,3005,7755,7755,7756,3006,8256,8256,30075,60089,344

Less: Rebates /Discounts- 0- 0

Telex & Telefax Allowances3,1502,8883,4133,4133,1502,8882,8882,8883,1503,4133,4133,15037,80037,8005320-0102015Asalexecutive xpatsocial insHealth insurextra wagesWorkmens compenmeal allowleave allowmobile allowother allowservice chargebons37,80037,800

Other Business Center Allowances1515151515151515151515151801805320-0402015A180

Add: Other Income5113-0402015A

TOTAL BUSINESS CENTER REVENUE3,1352,8733,3983,3983,1352,8732,8732,8733,1353,3983,3983,13537,62064,29315A37,620- 000

COST OF SALES

Guest supplies50505050505050505050505060006277-0026015A600- 01%

Other cost2502502502502502502502502502502502503,0002,8376320-0404015A

Cost of Telex & Telefax5495035955955495035035035495955955496,58413,1196210-0101015A6,584110%

Printing & Stationery1001001001001001001001001001001001001,20006272-0016015A1,200

TOTAL COST OF SALES94990399599594990390390394999599594911,38415,95615A8,38411,38411,38411,383.5011,384


Salaries & Wages - Local3383383383383383383383383383383383384,0537382,6056271-0010115AELELzvacationextra wgaesbonusstaff carrallowancesmobile allowanceVISAsocial insuranceemplo benefitsmedical benefitsemploy mealsothers

Salaries & Wages - Expat000000000000006271-0010115AEE0EE0z0

Casual Labor - Local000000000000006271-0010215A0

Service Charge4544274614494334234184294424734754675,3511,8746271-0020015A5,3515,351

Bonus2730000000000027306220-0030015AELELz1-month salary273273

Employee meals - Local7373737373737373737373738781816271-0060015A878

Officer Coupon - Expat000000000000006271-0060015A0

Allowances00000000000001226271-0040015A0

Social Insurance contribution - Local26262626262626262626262630706271-0010315AELELz307307

Health Insurance contribution - Local3333333333334106271-0010415AEEEEz4141

0000000000000015A0

Unemployment Insurance - Local2222222222222006271-0080015A1% of 50% salaries

Union Fees - Local3333333333334106271-0010515A2% of 50% salaries

Employee benefit - Local20202020202020202020202023706271-0050015AWorkmen Compensation & Other welfare/benefit237237

Air Ticket - Expat000000000000006271-0001015A0

Rental accommodation - Expat000000000000006271-0010615A

Visa extension fee - Expat000000000000006271-0070015A00

Cell phone - Expat000000000000006278-0019015A00

Provision for Increment - Expat000000000000006271-0010115AEE1EE1zSalary raise

Provision for Bonus - Expat000000000000006220-0030015AEEEEzYear-end bonus for expat00

Others000000000000006271-0090015AEmployee relation benefits: drinking water00

TOTAL PAYROLL EXPENSES1,19189192691489888888389490793894093111,2014,78111,201

OTHER EXPENSES

Chinaware0015A

Glassware0015A

Stainlessware0015A

Plasticware0015A

Linen0015A

Uniform006278-0004015A

Others0015A

Commission00000000000002,50715A

Pest control0000000000000015A

Contract cleaning0000000000000015A

Contract security0000000000000015A

Kitchen fuel0000000000000015A- 0

Laundry & Valet000000000000006278-0023015A

Music & Entertainment20202020202020202020202024006277-0028015A

Promo & Advertisement0000000000000015A

Banking Expenses0000000000000015A00

Air-ticket0000000000000015A

Miscellaneous / Contingency80748179767274777786878594706278-0013015A

Misc.000000000000017215A

Cleaning0000000000000015A

Guest & Bar supplies0000000000000015A

Printing & Stationery202020202020202020202002201116272-0016015A

Others0000000000000015A

Banquet expenses0000000000000015A

Decoration5050505050505050505050506008376277-0007015A

Licenses & taxes0000000000000015A

Menus/wine lists0000000000000015A

Utensils10101010101010101010101012016273-0024015A

Transportation0000000000000015A

Telephone & Telex2002002002002002002002002002002002002,40031,0646277-0019015A

Other equipment maintenance0000000000000926273-0019015A

Electricity2552552552552552552552552552552552553,0549,0896277-0008015A

Water000000000000006277-0025015A

Others0000000000000015A

TOTAL OTHER EXPENSES6346296356336306266286316316416426207,58143,873

TOTAL COST & EXPENSES2,7742,4232,5562,5422,4772,4172,4142,4282,4872,5732,5762,50030,16664,610

DEPARTMENT PROFIT3614498428566584564594456488248216357,454(318)7,5814,5277,58140,670

DEPARTMENT PROFIT MARGIN (%)11.51%15.65%24.77%25.19%21.00%15.86%15.96%15.48%20.68%24.26%24.17%20.27%19.81%-0.49%0.00%0.00%

2,281


BUDGET - YEAR 2009

LAUNDRYCurrency:USDfood costbev cotskitchen fuelother chemicaltotalfoodbeverageotherss.chargesdiscounts

MonthJanFebMarAprMayJunJulAugSeptOctNovDecTotal Budget2008 Actual15CFB REVCOST OF SALES52500

REVENUE

Linen & uniform washing0000000000000015Csalexecutive xpatsocial insHealth insurextra wagesWorkmens compenmeal allowleave allowmobile allowother allowservice chargebons- 0- 0

Guest Laundry8,1008,0008,4008,3007,7007,7007,6007,2008,3008,4008,5008,10096,30090,4235113-0102015C96,30096,300

Others0000000000000015C

Add: 5% Service charge4054004204153853853803604154204254054,8151,7935113-0701015C4,815

Sub-Total Revenue8,5058,4008,8208,7158,0858,0857,9807,5608,7158,8208,9258,505101,11592,21615C

Less: Laundry Allowances4,0504,0004,2004,1503,8503,8503,8003,6004,1504,2004,2504,05048,15046,8195320-0102015C- 0- 0

Add: Other Income00000000000005745113-0402015C

TOTAL LAUNDRY REVENUE4,4554,4004,6204,5654,2354,2354,1803,9604,5654,6204,6754,45552,96545,97115C52,965- 000

COST OF SALES

Cost of Guest Laundry1,7001,2001,2001,2001,2001,2001,2001,2001,2001,2001,2001,20014,900(16,183)6278-0023015C14,900- 00%

Cost to Credit Transfer - Uniform(30,000)(25,000)(25,000)(25,000)(25,000)(25,000)(25,000)(25,000)(25,000)(25,000)(25,000)(25,000)(305,000)06210-0103015C

Cost to Credit Transfer - Linen0000000000000015C- 00%

Cost to Credit Transfer - Others0000000000000015C- 0

TOTAL COST OF SALES(28,300)(23,800)(23,800)(23,800)(23,800)(23,800)(23,800)(23,800)(23,800)(23,800)(23,800)(23,800)(290,100)(16,183)14,900290,100-290,100-290,100.00--290,100


Salaries & Wages - Local2,8902,8902,8902,8902,8902,8902,8902,8902,8902,8902,8902,89034,6837,13331,0576271-0010115CELELzvacationextra wgaesbonusstaff carrallowancesmobile allowanceVISAsocial insuranceemplo benefitsmedical benefitsemploy mealsothers

Salaries & Wages - Expat000000000000006271-0010115CEE0EE0z0

Casual Labor - Local5485485485485485485485485485485485486,57406271-0010215C6,574

Service Charge4,2343,9824,3054,1914,0423,9483,9034,0064,1274,4164,4354,35649,94424,8476271-0020015C49,94449,944

Bonus2,336000000000002,33606220-0030015CELELz1-month salary2,3362,336

Employee meals - Local87887887887887887887887887887887887810,5304,3816271-0060015C10,530

Officer Coupon - Expat000000000000006271-0060015C0

Allowances00000000000004726271-0040015C0

Social Insurance contribution - Local2192192192192192192192192192192192192,6281,6056271-0010315CELELz2,6282,628

Health Insurance contribution - Local2929292929292929292929293506196271-0010415CEEEEz350350

0000000000000015C0

Unemployment Insurance - Local15151515151515151515151517506271-0080015C1% of 50% salaries

Union Fees - Local29292929292929292929292935006271-0010515C2% of 50% salaries

Employee benefit - Local1891891891891891891891891891891891892,26406271-0050015CWorkmen Compensation & Other welfare/benefit2,2642,264

Air Ticket - Expat000000000000006271-0001015C00

Rental accommodation - Expat000000000000006271-0010615C

Visa extension fee - Expat000000000000006271-0070015C00

Cell phone - Expat000000000000006278-0019015C

Provision for Increment - Expat000000000000006271-0010115CEE1EE1zSalary raise

Provision for Bonus - Expat000000000000006220-0030015CEEEEzYear-end bonus for expat00

Others10101010101010101010101012006271-0090015CEmployee relation benefits: drinking water120120

TOTAL PAYROLL EXPENSES11,3778,7889,1128,9978,8488,7558,7098,8128,9339,2229,2419,162109,95662,98115C109,956

OTHER EXPENSES

Chinaware0015C

Glassware0015C

Stainlessware0015C

Plasticware0015C

Linen0015C

Uniform01,9036278-0004015C

Others0015C

Commission0000000000000015C

Contract cleaning - Pest control1091091091091091091091091091091091091,3089146277-0013015C

Contract cleaning0000000000000015C

Contract security0000000000000015C

Kitchen fuel0000000000000015C- 0

Laundry & Valet1541541541541541541541541541541541541,848(15,337)6278-0023015C

Music & Entertainment000000000000006277-0028015C

Advertisement000000000000006417-0003015C

Banking Expenses0000000000000015C00

Air-ticket0000000000000015C

Miscellaneous / Contingency7436957547377066706907157158078157948,84106278-0013015C

VTP Purchasing fee8080808080808080808080809607266277-0024015C

Cleaning0000000000000015C

Guest supplies2002002002002002002002002002002002002,4001,4336277-0026015C

Printing & Stationery000000000000036272-0016015C

Miscellaneous000000000000006278-0013015C

Banquet expenses000000000000015C

Decoration95095095095095095095095095095095095011,4004436277-0007015C

Licenses & taxes0000000000000015C

Menus/wine lists0000000000000015C

Utensils000000000000049015C

Local Transport000000000000006278-0012015C

Telephone & Telex6060606060606060606060607202406277-0019015C

Building maintenance1,2161,2161,2161,2161,2161,2161,2161,2161,2161,2161,2161,21614,5916,3346274-0003015C

Laundry maintenance2727272727272727272727273196273-0014015C

Painting & Decorations2626262626262626262626263146277-0029015C

Mechanical equipment5252525252525252525252526256273-0016015C

Other equipment maintenance1291291291291291291291291291291291291,5526273-0019015C

Electricity4,6834,6834,6834,6834,6834,6834,6834,6834,6834,6834,6834,68356,19532,9936277-0008015C

Water5285285285285285285285285285285285286,33610,2816277-0025015C

Others000000000000016315C

TOTAL OTHER EXPENSES8,9578,9098,9688,9518,9208,8848,9048,9298,9299,0219,0299,008107,40838,683

TOTAL COST & EXPENSES(7,966)(6,103)(5,720)(5,852)(6,032)(6,161)(6,188)(6,059)(5,938)(5,557)(5,530)(5,630)(72,736)87,384

DEPARTMENT PROFIT12,42110,50310,34010,41710,26710,39610,36810,01910,50310,17710,20510,085125,701(41,413)107,40842,067107,40840,670


30,467


BUDGET - YEAR 2009

TELEPHONECurrency:USDfood costbev cotskitchen fuelother chemicaltotalfoodbeverageotherss.chargesdiscounts

MonthJanFebMarAprMayJunJulAugSeptOctNovDecTotal Budget2008 Actual15BFB REVCOST OF SALES52500

REVENUE

Telephone2,8502,8503,2003,2003,0003,0002,8502,8502,8503,2003,5003,20036,55023,7795113-0102015Bexecutive xpatsocial insHealth insurextra wagesWorkmens compenmeal allowleave allowmobile allowother allowservice chargebons36,55036,550

0000000000000015B- 0- 0

0000000000000015B

Add: 5% Service charge1431431601601501501431431431601751601,8281,1755113-0701015B1,828

Sub-Total Revenue2,9932,9933,3603,3603,1503,1502,9932,9932,9933,3603,6753,36038,37824,95415B

Less: Telephone Allowances1010101010101010101010101203275320-0102015B- 0- 0

Add: Other Income05113-0402015B

TOTAL TELEPHONE REVENUE2,9832,9833,3503,3503,1403,1402,9832,9832,9833,3503,6653,35038,25824,62715B38,258- 000

COST OF SALES

Cost of Telephone8958951,0051,0059429428958958951,0051,1001,00511,4776,2936278-0101015B11,477- 031%

0000000000000015B- 00%

Others0000000000000015B- 0

TOTAL COST OF SALES8958951,0051,0059429428958958951,0051,1001,00511,4776,29315B11,47711,47711,47711,477.2511,477


Salaries & Wages - Local6756756756756756756756756756756756758,1061,4456,7836271-0010115BELELzvacationextra wgaesbonusstaff carrallowancesmobile allowanceVISAsocial insuranceemplo benefitsmedical benefitsemploy mealsothers

Salaries & Wages - Expat000000000000006271-0010115BEE0EE0z0

Casual Labor - Local000000000000006271-0010215B0

Service Charge7567117697487227056977157377897927788,9194,2636271-0020015B8,9198,919

Bonus5460000000000054606220-0030015BELELz1-month salary546546

Employee meals - Local1221221221221221221221221221221221221,4635216271-0060015B1,463

Officer Coupon - Expat000000000000006271-0060015B0

Allowances000000000000006271-0040015B0

Social Insurance contribution - Local51515151515151515151515161406271-0010315BELELz614614

Health Insurance contribution - Local7777777777778206271-0010415BEEEEz8282

0000000000000015B0

Unemployment Insurance - Local3333333333334106271-0080015B1% of 50% salaries

Union Fees - Local7777777777778206271-0010515B2% of 50% salaries

Employee benefit - Local33333333333333333333333339506271-0050015BWorkmen Compensation & Other welfare/benefit395395

Air Ticket - Expat000000000000006271-0001015B00

Rental accommodation - Expat000000000000006271-0010615B

Visa extension fee - Expat000000000000006271-0070015B00

Cell phone - Expat000000000000006278-0019015B

Provision for Increment - Expat000000000000006271-0010115BEE1EE1zSalary raise

Provision for Bonus - Expat000000000000006220-0030015BEEEEzYear-end bonus for expat00

Others000000000000006271-0090015BEmployee relation benefits: drinking water00

TOTAL PAYROLL EXPENSES2,2011,6101,6671,6471,6201,6041,5951,6141,6351,6871,6901,67620,24711,56715B20,247

OTHER EXPENSES

Chinaware0015B

Glassware0015B

Stainlessware0015B

Plasticware0015B

Linen0015B

Uniform006278-0004015B

Others0015B

Commission0000000000000015B

Pest control0000000000000015B

Contract cleaning0000000000000015B

Contract security0000000000000015B

Kitchen fuel0000000000000015B- 0

Laundry & Valet000000000000006278-0023015B

Music & Entertainment0000000000000015B

Promo & Advertisement0000000000000015B

Banking Expenses0000000000000015B00

Air-ticket0000000000000015B

Miscellaneous / Contingency1331241351321261201231281281441451421,57906278-0013015B

Misc.0000000000000015B

Cleaning0000000000000015B

Guest supplies000000000000006277-0013015B

Printing & Stationery000000000000006272-0016015B

Others0000000000000015B

Banquet expenses0000000000000015B

Decorations0000000000000015B

Licenses & taxes0000000000000015B

Menus/wine lists0000000000000015B

Utensils0000000000000015B

Transportation0000000000000015B

Telephone & Telex1010101010101010101010101208,6986277-0019015B

Other equipment maintenance000000000000006273-0019015B

Electricity000000000000006277-0008015B

Water000000000000006277-0025015B

Others0000000000000015B

TOTAL OTHER EXPENSES1431341451421361301331381381541551521,6998,698


DEPARTMENT PROFIT(256)3445335564424653593363155047205174,835(1,930)1,6991,6991,69940,670

DEPARTMENT PROFIT MARGIN (%)-8.57%11.53%15.91%16.61%14.07%14.80%12.04%11.27%10.55%15.04%19.63%15.43%12.64%-7.84%0.00%0.00%

1,740


BUDGET - YEAR 2009

TRANSPORTATIONCurrency:USDfood costbev cotskitchen fuelother chemicaltotalfoodbeverageotherss.chargesdiscounts

MonthJanFebMarAprMayJunJulAugSeptOctNovDecTotal Budget2008 Actual15DFB REVCOST OF SALES52500

REVENUE

Transportation service3,8003,8004,4004,0004,0003,8003,8003,8004,0004,5004,5004,20048,60048,6005113-0102015Dsalexecutive xpatsocial insHealth insurextra wagesWorkmens compenmeal allowleave allowmobile allowother allowservice chargebons48,60048,600

Car & motobike parking (Vinasun)1,1001,1001,1001,1001,1001,1001,1001,1001,1001,1001,1001,10013,20013,2005113-0402016BVinasun13,20013,200

Others4104104104104104104104104104104104104,9204,9205113-0402015DVTP Trans Fees

Add: 5% Service charge2662662962762762662662662763013012863,3363,3365113-0701015D3,336

Sub-Total Revenue5,5765,5766,2065,7865,7865,5765,5765,5765,7866,3116,3115,99670,05670,05615D

Less: Transport Allowances000000000000005320-0102015D- 0- 0

Add: Other Income000000000000005113-0402015D

TOTAL TRANSPORTATION REVENUE5,5765,5766,2065,7865,7865,5765,5765,5765,7866,3116,3115,99670,05670,05615D70,056- 000

COST OF SALES15D

Cost of Transportation2,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,00024,00024,0006210-0101015D50% Fuel24,000- 049%

Cost to Credit(1,800)(1,800)(1,800)(1,800)(1,800)(1,800)(1,800)(1,800)(1,800)(1,800)(1,800)(1,800)(21,600)(24,000)6418-0012015D50% Fuel Credit to Rooms (Local transportation Acct.)21,600--164%

000000000000015D- 0

TOTAL COST OF SALES2002002002002002002002002002002002002,40002,4002,4002,4002,400.002,400


Salaries & Wages - Local1,7601,7601,7601,7601,7601,7601,7601,7601,7601,7601,7601,76021,1223,73223,3746271-0010115DELELzvacationextra wgaesbonusstaff carrallowancesmobile allowanceVISAsocial insuranceemplo benefitsmedical benefitsemploy mealsothers

Salaries & Wages - Expat000000000000006271-0010115DEE0EE0z0

Casual Labor - Local000000000000006271-0010215D0

Service Charge1,8151,7071,8451,7961,7321,6921,6731,7171,7691,8931,9011,86721,40420,9006271-0020015D21,40421,404

Bonus1,423000000000001,4231,9486220-0030015DELELz1-month salary1,423

Employee meals - Local2932932932932932932932932932932932933,5103,5106271-0060015D3,510

Officer Coupon - Expat000000000000006271-0060015D0

Allowances00000000000001,6806271-0040015D00

Social Insurance contribution - Local1331331331331331331331331331331331331,6011,7536271-0010315DELELz1,6011,601

Health Insurance contribution - Local1818181818181818181818182132346271-0010415DEEEEz213213

0000000000000015D0

Unemployment Insurance - Local9999999999991071176271-0080015D1% of 50% salaries

Union Fees - Local1818181818181818181818182132346271-0010515D2% of 50% salaries

Employee benefit - Local7979797979797979797979799499496271-0050015DWorkmen Compensation & Other welfare/benefit949949

Air Ticket - Expat000000000000006271-0001015D00

Rental accommodation - Expat000000000000006271-0010615D

Visa extension fee - Expat000000000000006271-0070015D00

Cell phone - Expat000000000000006278-0019015D00

Provision for Increment - Expat000000000000006271-0010115DEE1EE1zSalary raise

Provision for Bonus - Expat000000000000006220-0030015DEEEEzYear-end bonus for expat00

Others000000000000006271-0090015DEmployee relation benefits: drinking water00

TOTAL PAYROLL EXPENSES5,5474,0164,1554,1064,0424,0023,9824,0264,0784,2024,2104,17650,54254,69850,542

OTHER EXPENSES

Chinaware0000000000000015D

Glassware0000000000000015D

Stainlessware0000000000000015D

Plasticware0000000000000015D

Linen0000000000000015D

Uniform000000000000006278-0004015D

Others0000000000000015D

Commission0000000000000015D

Pest control0000000000000015D

Contract cleaning0000000000000015D

Contract security0000000000000015D

Fuel & Petrol000000000000006277-0018015D- 0

Laundry & Valet5050505050505050505050506006006278-0023015D

Music & Entertainment0000000000000015D

Promo & Advertisement0000000000000015D

Banking Expenses0000000000000015D00

Air-ticket0000000000000015D

Miscellaneous / Contingency3283083333263122973063163173563593503,9091,9856278-0013015D

Misc.0000000000000015D

Cleaning0000000000000015D

Guest & Bar supplies0000000000000015D

Printing & Stationery3030303030303030303030303603606272-0016015D

Others0000000000000015D

Banquet expenses0000000000000015D

Decorations0000000000000015D

Licences & Fees2002002002002002002002002002002002002,4002,4006277-0011015D

Menus/wine lists0000000000000015D

Utensils0000000000000015D

Upkeep of Vehicles85085085085085085085085085085085085010,20012,1206418-0021015D

Telephone & Telex5050505050505050505050506006006277-0019015D

Other equipment maintenance000000000000006273-0019015D

Electricity1111111111111111111111111321326277-0008015D

Water000000000000006277-0025015D

Others000000000000060015D



DEPARTMENT PROFIT(1,691)(140)327(37)40(114)(103)(158)(0)36235078(1,087)(3,439)18,20118,06918,20140,670

DEPARTMENT PROFIT MARGIN (%)-30.33%-2.50%5.26%-0.64%0.70%-2.05%-1.85%-2.84%-0.00%5.73%5.55%1.30%-1.55%-4.91%0.00%0.00%

790


BUDGET - YEAR 2009

HEALTH CLUBCurrency:USDfood costbev cotskitchen fuelother chemicaltotalfoodbeverageotherss.chargesdiscounts


REVENUE

Body & Foot Massage19,80019,80019,80019,80019,80019,80019,80022,80022,80022,80022,80022,800252,600215,2485113-0401013Aexecutive xpatsocial insHealth insurextra wagesWorkmens compenmeal allowleave allowmobile allowother allowservice chargebons252,600252,600

0000000000000013A- 0- 0

0000000000000013A

Add: 5% Service charge9909909909909909909901,1401,1401,1401,1401,14012,63014,4625113-0701013A12,630

Sub-Total Revenue20,79020,79020,79020,79020,79020,79020,79023,94023,94023,94023,94023,940265,230229,71013A

Less: Massage Allowances000000000000005320-0401013A1,5601,560

Add: Other Income1201201201201201201401401401401401401,5604,9375113-0402013A

TOTAL HEALTH CLUB REVENUE20,91020,91020,91020,91020,91020,91020,93024,08024,08024,08024,08024,080266,790234,64613A266,790- 000

COST OF SALES13A

Cost of Massage949494949494941091091091091091,2032,2926210-0401013A1,203- 00%

Massage /foot0000000000000013A- 00%

Other cost7575757575757586868686869566,7486320-0404013A956

TOTAL COST OF SALES1691691691691691691691951951951951952,1599,04013A2,1592,1592,1592,158.802,159


Salaries & Wages - Local3,1183,1183,1183,1183,1183,1183,1183,1183,1183,1183,1183,11837,4117,78538,7886271-0010113AELELzvacationextra wgaesbonusstaff carrallowancesmobile allowanceVISAsocial insuranceemplo benefitsmedical benefitsemploy mealsothers

Salaries & Wages - Expat95095095095095095095095095095095095011,40011,1116271-0010113AEE0EE0z11,400

Casual Labor - Local7537537537537537537537537537537537539,03906271-0010213A9,039

Service Charge3,4783,2713,5363,4433,3203,2433,2063,2903,3903,6273,6433,57841,02521,4436271-0020013A41,02541,025

Bonus2,520000000000002,52006220-0030013AELELz1-month salary2,5202,520

Employee meals - Local92692692692692692692692692692692692611,11520,4016271-0060013A11,115

Officer Coupon - Expat3103103103103103103103103103103103103,72006271-0060013A3,7203,720

Allowances00000000000004496271-0040013A0

Social Insurance contribution - Local2362362362362362362362362362362362362,8351,4946271-0010313AELELz2,8352,835

Health Insurance contribution - Local3232323232323232323232323784336271-0010413AEEEEz378378

0000000000000013A00


Union Fees - Local32323232323232323232323237806271-0010513A2% of 50% salaries

Employee benefit - Local1531531531531531531531531531531531531,83406271-0050013AWorkmen Compensation & Other welfare/benefit1,8341,834

Air Ticket - Expat7400000000000074006271-0001013A740740

Rental accommodation - Expat000000000000006271-0010613A

Visa extension fee - Expat2250000000000022506271-0070013A

Cell phone - Expat18181818181818181818181821606278-0019013A

Provision for Increment - Expat36363636363636363636363643206271-0010113AEE1EE1zSalary raise432432

Provision for Bonus - Expat7200000000000072006220-0030013AEEEEzYear-end bonus for expat720720

Others00000000000005036271-0090013AEmployee relation benefits: drinking water00

TOTAL PAYROLL EXPENSES14,2629,85010,11510,0229,8999,8229,7859,8699,96910,20610,22210,157124,17794,62213A124,177

OTHER EXPENSES

Chinaware0013A

Glassware01113A

Stainlessware0013A

Plasticware0013A

Linen006273-0015013A

Uniform04426278-0004013A

Others0013A

Commission000000000000006417-0005013A

Contract cleaning - Pest control949494949494951091091091091091,2061,0216277-0013013A

Contract cleaning000000000000006277-0013013A


Kitchen fuel0000000000000013A- 0

Laundry & Valet6016016016016016016026926926926926927,6726,2996278-0023013A

Music & Entertainment2,9282,9282,9282,9282,9282,9282,9313,3723,3723,3723,3723,37237,36236,6686277-0028013A

Advertisement000000000000006417-0003013A

Banking Expenses0000000000000013A00

Air-ticket0000000000000013A

Miscellaneous / Contingency6586186676526275986146426427177247077,86506278-0013013A

Misc.00000000000005326278-0013013A

Cleaning supplies1031031031031031031031191191191191191,3151,5906272-0001013A

Guest supplies2192192192192192192192522522522522522,7954,5856277-0026013A

Printing & Stationery1313131313131315151515151641456272-0016013A

Others0000000000000013A


Decoration2232232232232232232242572572572572572,8502,9066277-0007013A

Licences & Fees000000000000006277-0011013A

Menus/wine lists0000000000000013A

Utensils000000000000055813A

Transportation0000000000000013A

Telephone & Telex5252525252525259595959596584726277-0019013A

Building maintenance7777777777777789898989899843,6896274-0003013A

Painting & Decorations919191919191921051051051051051,1666277-0029013A

Furniture maintenance999999910101010101146273-0010013A

Floor covering2424242424242427272727273016273-0009013A

Mechanical equipment4848484848484956565656566186273-0016013A

Other equipment maintenance8888888999991056273-0019013A

Electricity2,2042,2042,2042,2042,2042,2042,2042,2042,2042,2042,2042,20426,44621,5246277-0008013A

Water1191191191191191191191191191191191191,4312,1336277-0025013A

Others000000000000029013A



DEPARTMENT PROFIT(993)3,4583,1443,2523,4003,5063,5435,8795,7795,4665,4445,52647,40448,12193,05062,86993,05040,670

DEPARTMENT PROFIT MARGIN (%)-4.75%16.54%15.04%15.55%16.26%16.77%16.93%24.41%24.00%22.70%22.61%22.95%17.77%20.51%0.00%0.00%

16,436


BUDGET - YEAR 2009

DISCOCurrency:USDfood costbev cotskitchen fuelother chemicaltotalfoodbeverageotherss.chargesdiscounts

MonthJanFebMarAprMayJunJulAugSeptOctNovDecTotal Budget2008 Actual13BFB REVCOST OF SALES52500

REVENUE

Food9,9848,9189,7918,3578,6098,3578,6098,6098,3579,9849,7919,984109,34958,3295113-0201013Bsalexecutive xpatsocial insHealth insurextra wagesWorkmens compenmeal allowleave allowmobile allowother allowservice chargebons109,349109,349

Beverage89,30279,77087,57874,74477,00174,74477,00177,00174,74489,30287,57789,302978,065750,0225113-0202013B978,065978,065

Tobacco5554955444644784644784784645555445556,0753,2165113-0301013B

Add: 5% Service charge9,9848,9189,7918,3578,6098,3578,6098,6098,3579,9849,7919,984109,349105,2495113-0701013B109,349

Sub-Total Revenue109,82498,102107,70591,92294,69791,92294,69794,69791,922109,824107,703109,8241,202,838916,817

Less: Rebates /Discounts0- 0- 0

Allowances for Food000000000000005320-0201013B- 0- 00%

Allowances for Beverage000000000000005320-0202013B- 00%

Add: Other Income000000000000005113-0402013B

TOTAL DISCO REVENUE109,82498,102107,70591,92294,69791,92294,69794,69791,922109,824107,703109,8241,202,838916,8171,202,838- 000

COST OF SALES

Food Cost2,9952,6762,9372,5072,5832,5072,5832,5832,5072,9952,9372,99532,80531,2896210-0201013B32,805- 030%

Beverage Cost45,54440,68344,66538,12039,27138,12039,27139,27138,12045,54444,66445,544498,813348,1886320-0202013B498,81351%

Tobacco3332973262792872792872872793333263333,6451,9706320-0301013B3,645

TOTAL COST OF SALES48,87243,65547,92940,90542,14040,90542,14042,14040,90548,87247,92848,872535,263381,446535,263535,263535,263535,262.85535,263


Salaries & Wages - Local9,9089,9089,9089,9089,9089,9089,9089,9089,9089,9089,9089,908118,89622,318160,8236271-0010113BELELzvacationextra wgaesbonusstaff carrallowancesmobile allowanceVISAsocial insuranceemplo benefitsmedical benefitsemploy mealsothers

Salaries & Wages - Expat2,9152,9152,9152,9152,9152,9152,9152,9152,9152,9152,9152,91534,98020,3096271-0010113BEE0EE0z34,980

Casual Labor - Local4,5824,5824,5824,5824,5824,5824,5824,5824,5824,5824,5824,58254,98818,6746271-0010213B54,98854,988

Service Charge5,3935,3935,3935,3935,3935,3935,3935,3935,3935,3935,3935,39364,72177,2586271-0020013B64,721

Bonus3,345000000000003,34506220-0030013BELELz1-month salary3,3453,345

Employee meals - Local2,9012,9012,9012,9012,9012,9012,9012,9012,9012,9012,9012,90134,80845,3846271-0060013B34,80834,808

Officer Coupon - Expat3103103103103103103103103103103103103,7208506271-0060013B3,7203,720

Allowances00000000000001,2026271-0040013B0

Social Insurance contribution - Local7517517517517517517517517517517517519,0105,5186271-0010313BELELz9,0109,010

Health Insurance contribution - Local1001001001001001001001001001001001001,2018606271-0010413BEEEEz1,2011,201

0000000000000013B

Unemployment Insurance - Local50505050505050505050505060106271-0080013B1% of 50% salaries

Union Fees - Local1001001001001001001001001001001001001,20106271-0010513B2% of 50% salaries

Employee benefit - Local5815815815815815815815815815815815816,97606271-0050013BWorkmen Compensation & Other welfare/benefit6,9766,976

Air Ticket - Expat7400000000000074006271-0001013B

Rental accommodation - Expat1501501501501501501501501501501501501,80006271-0010613B

Visa extension fee - Expat2250000000000022506271-0070013B

Cell phone - Expat18181818181818181818181821606278-0019013B

Provision for Increment - Expat1001001001001001001001001001001001001,20006271-0010113BEE1EE1zSalary raise1,2001,200

Provision for Bonus - Expat2,000000000000002,00006220-0030013BEEEEzYear-end bonus for expat2,0002,000

Others00000000000007226271-0090013BEmployee relation benefits: drinking water00


OTHER EXPENSES

Chinaware000000000000006273-0003013B

Glassware00000000000001,6946273-0012013B

Stainlessware0000000000000436273-0022013B

Plasticware000000000000049613B

Linen000000000000056273-0015013B

Uniform00000000000004,6736278-0004013B

Others0000000000000013B

Commission00000000000001,9076417-0005013B

Contract cleaning - Pest control57575757575757575757575768106277-0013013B

Contract cleaning00000000000006313B

Contract security000000000000010213B

Kitchen fuel0000000000000013B- 0

Laundry & Valet1741741741741741741741741741741741742,0891,6256278-0023013B

Meeting expenses0000000000000013B

Music & Entertainment7337337337337337337337337337337337338,79460,9646277-0028013B

Advertisement5825825825825825825825825825825825826,98612,4016417-0003013B00

Banking expenses0000000000000013B

Miscellaneous / Contingency2,4962,3452,5332,4762,3772,2662,3272,4072,4092,6992,7252,65929,71706278-0013013B

Miscellaneous00000000000008,81013B

Cleaning supplies8787878787878787878787871,0451,9556272-0001013B

Guest supplies1891891891891891891891891891891891892,2713,0256277-0026013B

Printing & Stationery3113113113113113113113113113113113113,73411,5456272-0016013B

Others0000000000000013B

Banquet expenses0000000000000013B

Decoration4848484848484848484848485723,8726277-0007013B

Licences & Fees1691691691691691691691691691691691692,026196277-0011013B

Menus1,9821,9821,9821,9821,9821,9821,9821,9821,9821,9821,9821,98223,78406277-0027013B

Utensils000000000000014,79213B

Local Transport545454545454545454545454645306277-0012013B

Telephone & Telex4545454545454545454545455363696277-0019013B

Building maintenance333333333333333333333333401144,1126274-0003013B

Electrical bulbs1414141414141414141414141696273-0005013B

Furniture maintenance777777777777846273-0010013B

Electricity2,1922,1922,1922,1922,1922,1922,1922,1922,1922,1922,1922,19226,30026,2506277-0008013B

Water1901901901901901901901901901901901902,2832,0476277-0025013B

Others00000000000001,98613B


TOTAL COST & EXPENSES92,40580,72685,18878,10879,24477,89779,19379,27378,04086,29785,37986,257988,0081,015,831

DEPARTMENT PROFIT17,42017,37622,51713,81415,45314,02415,50415,42413,88123,52722,32423,567214,830(99,014)112,11883,281112,11840,670


69,418


BUDGET - F&B - YEAR 2009

CAFE CENTRALCurrency:USDfood costbev cotskitchen fuelother chemicaltotalfoodbeverageotherss.chargesdiscounts


REVENUE

Food126,796115,657127,680121,830127,024106,550117,958134,365118,458126,366122,059128,5061,473,2492,249,5125113-0201012Asalexecutive xpatsocial insHealth insurextra wagesWorkmens compenmeal allowleave allowmobile allowother allowservice chargebons1,473,2491,473,249

Beverage14,96413,61515,14614,44814,85912,68513,80815,55314,10514,97814,51515,140173,817307,4225113-0202012A173,817173,817

Room Service - Food2,1851,8852,0872,3232,1822,6932,0872,5512,2443,0142,4682,18527,9055113-0201012B

Room Service - Beverage2982572853172983672853483064113372983,8055113-0202012B

Breakfast Board Transfer - Food95,57985,64199,24395,01890,40286,02784,44289,32994,66399,10496,98395,7961,112,226307,4225113-0801012A

Breakfast Board Transfer - Beverage7,1946,4467,4707,1526,8046,4756,3566,7247,1257,4597,3007,21083,716876,8045113-0802012A

Add: 5% Service charge12,35111,17512,59612,05412,07810,74011,24712,44311,84512,56712,18312,457143,736123,0865113-0107012A143,736

Sub-Total Revenue259,367234,677264,506253,143253,647225,537236,183261,313248,746263,899255,845261,5923,018,4543,556,82512A

Less: Rebates /Discounts012A914914

Allowance Food00000000000003,556,8255320-0201012A- 0- 00%

Allowance Beverage000000000000005320-0202012A- 00%

Allowance Others000000000000005320-0402012A- 0

Add: Other Income7971787777757875737877789141,0485113-0402012A

TOTAL CAFE CENTRAL REVENUE259,445234,748264,584253,220253,724225,612236,261261,388248,819263,977255,921261,6703,019,3683,557,8733,019,368- 000

COST OF SALES

Food cost76,35069,08277,86374,51874,66766,39269,52676,92373,22477,68575,31477,005888,5491,131,9656210-0201012A888,549- 060%

Beverage cost5,6145,0805,7255,4795,4904,8825,1125,6565,3845,7125,5385,66265,33569,4596320-0202012A65,33538%

Tobacco cost333333333333372,0776320-0301012A37

TOTAL COST OF SALES81,96774,16583,59280,00180,16071,27774,64182,58278,61183,40080,85482,671953,9201,203,5011,008,647953,920953,920953,920.33953,920


Salaries & Wages - Local10,78210,93110,93110,93110,93110,93110,93110,93110,93110,93110,93110,931131,02425,241187,0396271-0010112AELELzvacationextra wgaesbonusstaff carrallowancesmobile allowanceVISAsocial insuranceemplo benefitsmedical benefitsemploy mealsothers

Salaries & Wages - Expat9,1959,1959,1959,1959,1959,1959,1959,1959,1959,1959,1959,195110,34077,8326271-0010112AEE0EE0z

Casual Labor - Local1,8921,8921,8921,8921,8921,8921,8921,8921,8921,8921,8921,89222,7024,7016271-0010212A22,702

Service Charge11,08910,42911,27610,97710,58510,34110,22110,49110,80811,56511,61511,408130,805100,1176271-0020012A130,805130,805

Bonus8,715000000000008,71506220-0030012AELELz1-month salary8,7158,715

Employee meals - Local2,2912,2912,2912,2912,2912,2912,2912,2912,2912,2912,2912,29127,49539,7396271-0060012A27,495

Officer Coupon - Expat1,0331,0331,0331,0331,0331,0331,0331,0331,0331,0331,0331,03312,4003,5106271-0060012A12,40012,400

Allowances00000000000003,4096271-0040012A0

Social Insurance contribution - Local8178288288288288288288288288288288289,9298,8316271-0010312AELELz9,9299,929

Health Insurance contribution - Local1091101101101101101101101101101101101,3242,4956271-0010412AEEEEz1,3241,324

00000000000008112A00


Union Fees - Local1091101101101101101101101101101101101,32406271-0010512A2% of 50% salaries

Employee benefit - Local4724724724724724724724724724724724725,66306271-0050012AWorkmen Compensation & Other welfare/benefit5,6635,663

Air Ticket - Expat1,534000000000001,5344,5346271-0001012A

Rental accommodation - Expat4504504504504504504504504504504504505,40006271-0010612A

Visa extension fee - Expat7050000000000070506271-0070012A

Cell phone - Expat60606060606060606060606072006278-0019012A

Provision for Increment - Expat3133133133133133133133133133133133133,76006271-0010112AEE1EE1zSalary raise3,7603,760

Provision for Bonus - Expat6,267000000000006,26706220-0030012AEEEEzYear-end bonus for expat6,2676,267

Others00000000000001,3346271-0090012AEmployee relation benefits: drinking water00


OTHER EXPENSES

Chinaware00000000000001146273-0003012A

Glassware00000000000001026273-0012012A

Stainlessware00000000000001156273-0022012A

Plasticware00000000000001,16712A

Linen00000000000001556273-0015012A

Uniform00000000000005,6926278-0004012A

Others0000000000000012A

Commission26232625252324262526262630206417-0005012A

Contract cleaning - Pest control1301171321271271131181311241321281311,5107956277-0013012A

000000000000006277-0013012A


Kitchen fuel4,7034,2554,7964,5904,5994,0894,2824,7384,5104,7854,6394,74354,72772,2266272-0002012A54,727

Laundry & Valet7787047947607616777097847467927687859,0587,4856278-0023012A

Music & Entertainment7787047947607616777097847467927687859,05838,8036277-0028012A00

Advertisement9,8048,8719,9989,5699,5888,5258,9289,8779,4029,9759,6719,888114,09557,4296417-0003012A

Miscellaneous / Contingency2,0761,9382,1082,0561,9751,8691,9242,0031,9982,2452,2622,21124,66406278-0013012A

000000000000048,9896278-0013012A

Cleaning supplies5247535151454752505351526042,5996272-0001012A

Guest supplies5194695295065074514735234985285125236,0397,2526277-0026012A

Printing & Stationery1,0029071,0229789808719131,0109611,0209891,01111,6636,7956272-0016012A

Others0000000000000012A


Decoration3893523973803813383543923733963843934,5295,9706277-0007012A

Licences & Fees0000000000000146277-0011012A

Menus1301171321271271131181311241321281311,5107076277-0027012A

Utensils000000000000013,5016273-0024012A

Local Transport00000000000007096277-0012012A

Telephone & Telex1301171321271271131181311241321281311,5101,0736277-0019012A

Signage4541464444394146434645465269,5096277-0017012A

Building maintenance1059510710210291951061001071031061,21906274-0003012A

Painting & Decorations1614161516141416151616161856277-0029012A

Computer purchased & maintenance1716181717151617161717172006273-0006012A

Electrical bulbs111111111111116273-0005012A

Furniture maintenance00000000000006273-0013012A

Floor covering545554455555556273-0009012A

Mechanical equipment111011111191011101111111256273-0016012A

Grounds & Landscape maintenance1716181717151618171817182036277-0020012A

Kitchen maintenance2220222121192022212222222566273-0013012A

Plumbing2018202020171820192020202336273-0021012A

Audio visual00000000000006277-0004012A

Other equipment maintenance1301181331271271131191311251321281311,5156273-0019012A

Electricity20,39518,45320,79919,90519,94517,73518,57220,54719,55920,75120,11820,570237,348161,3956277-0008012A

Water7827077977637656807127887507967717899,1008,7126277-0025012A

Others000000000000091312A


TOTAL COST & EXPENSES179,937150,471165,516159,822159,586146,017150,959163,124157,527165,657161,936164,3811,924,9332,089,347

DEPARTMENT PROFIT79,50884,27699,06893,39894,13879,59585,30198,26491,29298,32093,98597,2901,094,4351,468,526490,245241,012490,24540,670

DEPARTMENT PROFIT MARGIN (%)30.65%35.90%37.44%36.88%37.10%35.28%36.10%37.59%36.69%37.25%36.72%37.18%36.25%41.28%0.00%0.00%

289,595


BUDGET - F&B - YEAR 2009

NGAN DINHCurrency:USD

MonthJanFebMarAprMayJunJulAugSeptOctNovDecTotal Budget2008 Actual12C

00

REVENUE

Food220,747237,588208,244215,216197,980186,727225,159214,236199,832242,867260,699234,6412,643,9361,930,5865113-0201012C2,643,9362,643,936

Beverage26,49026,25422,90723,67421,77820,54024,76723,56621,98226,71528,67725,811293,159336,4435113-0202012C293,159293,159

000000000000012C

0000000000000012C

0000000000000

0000000000000

Add: 5% Service charge12,36213,19211,55811,94510,98810,36312,49611,89011,09113,47914,46913,023146,855127,8615113-0107012C40,970

Sub-Total Revenue259,598277,034242,708250,835230,746217,631262,422249,692232,905283,061303,845273,4743,083,9502,394,89012C3,083,950

Less: Rebates /Discounts0000000000000012C3,230,805- 03,230,8050

Allowance Food00000000000002,408,2085320-0201012C- 0- 00%

Allowance Beverage000000000000005320-0202012C- 00%

Allowance Others000000000000005320-0402012C- 0

Add: Other Income6,1406,9626,2616,5606,5667,2937,2207,1606,2947,3207,4937,58682,85413,3185113-0402012C

0

TOTAL NGAN DINH REVENUE265,738283,996248,969257,395237,312224,923269,642256,851239,198290,381311,338281,0603,166,8042,408,20812C3,166,804

0

COST OF SALES0

Food cost72,84678,40468,72071,02165,33361,62074,30270,69865,94580,14686,03177,432872,499621,9936210-0201012C3,166,8043,166,804872,499316680373%872498.928936137

Beverage cost6,6226,5635,7275,9185,4445,1356,1925,8915,4956,6797,1696,45373,29081,4936320-0202012C00000

Tobacco cost2352662392512512792762742412802872903,1685736320-0301012C

TOTAL COST OF SALES79,70485,23474,68677,19171,02967,03480,77076,86371,68187,10593,48784,174948,957704,059278556948,957

0

PAYROLL & RELATED EXPENSES0

Salaries & Wages - Local14,88714,88714,88714,88714,88714,88714,88714,88714,88714,88714,88714,887178,63836,177206,5156271-0010112CELELz178,638178,638

Salaries & Wages - Expat16,30516,30516,30516,30516,30516,30516,30516,30516,30516,30516,30516,305195,664211,4956271-0010112CEE0EE0z

Casual Labor - Local2,0512,0512,0512,0512,0512,0512,0512,0512,0512,0512,0512,05124,6108,2706271-0010212C24,61024,610

Service Charge13,05512,27713,27412,92312,46212,17412,03312,35112,72413,61613,67413,430153,993117,5706271-0020012C153,993153,993

Bonus12,0330000000000012,03306220-0030012CELELz1-month salary12,03312,033

Employee meals - Local5,1685,1685,1685,1685,1685,1685,1685,1685,1685,1685,1685,16862,01058,7406271-0060012C62,01062,010

Officer Coupon - Expat1,0031,0031,0031,0031,0031,0031,0031,0031,0031,0031,0031,00312,04013,8676271-0060012C12,04012,040

Allowances000000000000010,0106271-0040012C0

Social Insurance contribution - Local1,1281,1281,1281,1281,1281,1281,1281,1281,1281,1281,1281,12813,53711,2606271-0010312CELELz13,53713,537

Health Insurance contribution - Local1501501501501501501501501501501501501,8054,1436271-0010412CEEEEz1,8051,805

0000000000000012C00

Unemployment Insurance - Local75757575757575757575757590206271-0080012C1% of 50% salaries

Union Fees - Local1501501501501501501501501501501501501,80506271-0010512C2% of 50% salaries

Employee benefit - Local5355355355355355355355355355355355356,42306271-0050012CWorkmen Compensation & Other welfare/benefit6,423

Air Ticket - Expat3,834000000000003,8345,3416271-0001012C

Rental accommodation - Expat90090090090090090090090090090090090010,80006271-0010612C

Visa extension fee - Expat1,584000000000001,58406271-0070012C

Cell phone - Expat42424242424242424242424250406278-0019012C

Provision for Increment - Expat5585585585585585585585585585585585586,69306271-0010112CEE1EE1zSalary raise6,693

Provision for Bonus - Expat11,1550000000000011,15506220-0030012CEEEEzYear-end bonus for expat11,15511,155

Others00000000000001,3336271-0090012CEmployee relation benefits: drinking water00


OTHER EXPENSES

Chinaware06976273-0003012C

Glassware046273-0012012C

Stainlessware0116273-0022012C

Plasticware041312C

Linen02566273-0015012C

Uniform02,6736278-0004012C

Others0012C

Commission2728252624222726242931283171196417-0005012C

Contract cleaning - Pest control1331421241291191121351281201451561411,5839596277-0013012C

000000000000006277-0013012C

Contract security0000000000000012C

Kitchen fuel4,6955,0184,3994,5484,1933,9744,7644,5384,2275,1315,5014,96655,95653,7336272-0002012C

Laundry & Valet7978527477727126758097717188719348439,50018,5426278-0023012C

Music & Entertainment8649238108377727318778357789441,01291410,29825,4806277-0028012C

Advertisement10,01910,7089,3879,7058,9488,48010,1669,6849,01910,94811,73910,597119,40074,2036417-0003012C

Miscellaneous / Contingency2,4242,2862,4512,4002,2942,1802,2612,3322,3262,6322,6682,58928,84206278-0013012C

000000000000042,1006278-0013012C

Cleaning supplies5357505147455451485862566336036272-0001012C

Guest supplies5315684985154754505395144785816235626,3344,3616277-0026012C

Printing & Stationery1,0261,0969619949168681,0419929231,1211,2021,08512,2264,4396272-0016012C

Others0000000000000012C232,863061,460

Banquet expenses00000000000001112C

Decoration3994263733863563374043853594364674224,75010,1346277-0007012C

Licences & Fees000000000000036277-0011012C

Menus1331421241291191121351281201451561411,5839376277-0027012C

Utensils000000000000015,1946273-0024012C

Local Transport0000000000000726277-0012012C

Telephone & Telex1331421241291191121351281201451561411,5832,2356277-0019012C

Signage00000000000007,6306277-0017012C

Building maintenance35373334313036343238413741806274-0003012C

Painting & Decorations3840353634323836344144404496277-0029012C

Computer purchased & maintenance2830262725242927253133303366273-0006012C

Electrical bulbs5660525450475754506166596676273-0005012C

Furniture maintenance00000000000006273-0013012C

Floor covering1415131413121414131517151686273-0009012C

Mechanical equipment2729252624232726242931283206273-0016012C

Grounds & Landscape maintenance5053474845425148455559535966277-0020012C

Kitchen maintenance6064565853506058546570637106273-0013012C

Plumbing3234303128273231293537343786273-0021012C

Audio visual00000000000006277-0004012C

Other equipment maintenance5963565853506057536570637086273-0019012C

Electricity16,88818,04815,82216,35815,08114,29417,13616,32315,20118,45419,78617,861201,251135,2676277-0008012C

Water3533773313423152993583413183864143744,2094,1816277-0025012C

Others00000000000002,16512C


TOTAL COST & EXPENSES203,191181,704167,514170,772161,288155,191175,002169,730162,493186,135195,485181,6982,110,2031,759,026

000

DEPARTMENT PROFIT62,548102,29381,45586,62376,02369,73294,64087,12176,706104,245115,85299,3631,056,601649,182

DEPARTMENT PROFIT MARGIN (%)23.54%36.02%32.72%33.65%32.04%31.00%35.10%33.92%32.07%35.90%37.21%35.35%33.36%26.96%


BUDGET F&B YEAR 2009

LOBBY BAR

MonthJanFebMarAprMayJunJulAugSeptOctNovDecTotalTotal

00

REVENUE

Food0

Beverage0- 0

Service Charge0- 00

Sub-Total Revenue0000000000000

Less: Rebates /Discounts

0

Add: Other Income0

TOTAL LOBBY BAR REVENUE000000000

Budget Presentation

Documents

Transcript of Budget Presentation