What was the accumulated other comprehensive income (loss) for Bw Premier Collection as of November 30, 2024?
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 30, 2022 | $ 144,213 | $ 576 | $ 1,954 | $ 146,743 |
| Total excess of revenues over expenses (expenses over revenue) | 89,319 | - | (299) | 89,020 |
| Foreign currency translation adjustment, net of tax | - | (755) | - | (755) |
| Unrealized (losses) on available-for-sale debt securities, net of tax | - | (3,346) | - | (3,346) |
| Contributions from non-controlling interests | - | - | 175 | 175 |
| Balance - November 30, 2023 | 233,532 | (3,525) | 1,830 | 231,837 |
| Total excess of revenues over expenses (expenses over revenue) | 65,388 | - | (271) | 65,117 |
| Foreign currency translation adjustment, net of tax | - | (11) | - | (11) |
| Unrealized gains on available-for-sale debt securities, net of tax | - | 2,709 | - | 2,709 |
| Contributions from non-controlling interests | - | - | 75 | 75 |
| Balance - November 30, 2024 | 298 |
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, the accumulated other comprehensive income (loss) as of November 30, 2024, was a loss of $827,000. This figure represents the cumulative changes in equity that are not reflected in the company's net income, such as unrealized gains or losses on certain investments and foreign currency translation adjustments.
For a prospective Bw Premier Collection franchisee, this number provides insight into the overall financial health and stability of the company. Accumulated other comprehensive income (loss) is a component of the equity section of the balance sheet, and it reflects the impact of certain non-income statement items on the company's net assets. A negative balance, as in this case, indicates that the company has experienced more losses than gains in these other comprehensive income categories.
It is important to note that this figure is just one element of the overall financial picture and should be considered in conjunction with other financial metrics and disclosures in the FDD. Franchisees should consult with a financial advisor to fully understand the implications of the accumulated other comprehensive income (loss) for Bw Premier Collection and how it may impact their investment.