What was the purchase amount of equity securities for Bw Premier Collection in 2023 (in thousands)?
Bw_Premier_Collection Franchise · 2025 FDDAnswer from 2025 FDD Document
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Consolidated Statements of Cash Flows
| (in thousands) | 2024 | Years Ended November 30, 2023 |
|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Excess of revenues over expenses | $ 65,117 | $ 89,020 |
| Adjustments to reconcile excess of revenues over | ||
| expenses to net cash provided by operating activities: | ||
| Depreciation and amortization | 20,774 | 18,162 |
| Provision for credit losses | 1,006 | 794 |
| Net (gains) on Restricted Rabbi Trust investments | (3,828) | (996) |
| Net losses on available-for-sale debt securities | 238 | 479 |
| Net (gains) on equity securities | (31,732) | (11,629) |
| Amortization of bond premiums/(discounts) on held-to-maturity debt securities, net | 16 | 79 |
| Amortization/(accretion) of premiums/(discounts) | ||
| on available-for-sale debt securities, net | (1,990) | (1,732) |
| Accrued interest on held-to-maturity debt securites, net | 30 | 66 |
| Accrued interest on available-for-sale debt securities, net | (77) | (6) |
| Provision for deferred income taxes | 2,167 | 2,999 |
| Loss on disposition of property, equipment and computer software | 13 | 27 |
| Changes in assets and liabilities: | ||
| Accounts receivable | (4,125) | 9,528 |
| Prepaid expenses and other current assets | (574) | (741) |
| Income taxes | (352) | (1,327) |
| Other assets, net | (640) | (735) |
| Accounts payable, accrued liabilities and deferred compensation plans liability | 3,938 | 5,239 |
| Deferred revenue | (202) | (2,089) |
| Frequent stay program liability | 15,426 | (1,094) |
| Deposits | (104) | (3,567) |
| NET CASH PROVIDED BY OPERATING ACTIVITIES | 65,101 | 102,477 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Proceeds from maturity of held-to-maturity debt securities | 4,250 | 13,000 |
| Proceeds from maturity of available-for-sale debt securities | 5,281 | 4,118 |
| Proceeds from sale of available-for-sale debt securities | 64,396 | 41,029 |
| Proceeds from sale of equity securities | 15,865 | 9,722 |
| Purchase of available-for-sale debt securities | (104,222) | (149,432) |
| Purchase of equity securities | (26,664) | (80,164) |
| Development costs of hotel investments | (554) | (820) |
| Fund Restricted Rabbi Trust investments | (413) | (285) |
| Purchase of property, equipment and computer software | (20,742) | (17,683) |
| NET CASH U |
Source: Item 23 — Receipts (FDD pages 54–203)
What This Means (2025 FDD)
According to Bw Premier Collection's 2025 Franchise Disclosure Document, the purchase of equity securities in 2023 was $(80,164) thousand. This figure represents the amount of cash Bw Premier Collection used to invest in equity securities during that year.
For a prospective franchisee, this information provides insight into Bw Premier Collection's investment activities and cash management practices. It shows how the company allocates its financial resources, which can be an indicator of its growth strategy and financial stability. Equity securities are investments in the stock market, and the purchase of these securities suggests that Bw Premier Collection is looking to generate returns through investments in other companies.
It's important to note that the figure is negative, indicating a cash outflow. This means Bw Premier Collection spent $80,164,000 on purchasing equity securities in 2023. Franchisees may want to inquire about the company's investment strategy and the performance of these equity investments to understand the potential impact on the overall financial health of Bw Premier Collection.