What was the accumulated other comprehensive income (loss) for Bw Premier Collection as of November 30, 2022?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
Consolidated Statements of Changes in Net Assets
| (in thousands) | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Non-controlling Interests in Consolidated Subsidiaries | Total Net Assets |
|---|---|---|---|---|
| Balance - November |
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, as of November 30, 2022, the accumulated other comprehensive income was $576,000. This figure represents the total of certain gains and losses that are excluded from net income under accounting principles, but are still part of the company's overall financial position.
Accumulated other comprehensive income (loss) includes items such as unrealized gains and losses on certain investments, foreign currency translation adjustments, and certain pension adjustments. These items are not reflected in the income statement but are accumulated separately in the equity section of the balance sheet. The balance of $576,000 indicates that Bw Premier Collection had a net positive balance in these items as of the specified date.
For a prospective franchisee, this information provides insight into the overall financial health and stability of Bw Premier Collection. While not directly impacting day-to-day operations, it reflects the company's management of its assets and liabilities, and its ability to navigate various economic factors. A positive balance in accumulated other comprehensive income suggests a more robust financial position, which can be reassuring for franchisees considering investing in the brand.
It's important to note that this figure can fluctuate over time due to changes in market conditions and other factors. Franchisees should consider this information in conjunction with other financial data, such as revenue, expenses, and net income, to gain a comprehensive understanding of Bw Premier Collection's financial performance.