- 44 -
1982
Revenue 10,413,189 2,294,179 12,707,368
Expenses 2,834,416 272,547 3,106,963
7,578,773 2,021,632 9,600,405
Beginning with 1983, HHK’s financial statements contained
the amount of overhead expenses allocated to HHK from HIC for
services performed on behalf of HHK. The 1983 allocation
included payment for services performed in prior years and was
the result of an Internal Revenue Service audit. The overhead
expenses allocated to HHK from HIC for services performed on
behalf of HHK were reflected as follows:
Year Amount
1983 $2,503,692
1984 198,422
1985 228,740
1986 249,872
1987 261,361
1988 326,512
HHK and HS had retained earnings before and after payment of
dividends to HIC. The amount of the dividends and retained
earnings after dividend payments for the years 1976 through 1987
were as follows:
Page: Previous 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 NextLast modified: May 25, 2011