What are the potential long-term financial implications of the 'Peberferd income taxes' for Sonesta Simply Suites?
Sonesta_Simply_Suites Franchise · 2025 FDDAnswer from 2025 FDD Document
899 | $ 255 | $ 87,652 | $ (9,676) | $ 78,231 |
RED LION HOTELS CORPORATION CONSOLIDATED STATEMENTS OF CASH FLOWS
(dollars in thousands)
| Tolking from printing activities: Net income (loss) ( 20, 10) $ 1, 107 $ ( 3, 10) Adjustments to reconcile net loss to cash provided by (used in) operating activities: $ 1, 100 $ 3, 30 Propreciation and amoritation 1,514 3, 60 3, 70 Amoritation of key money and contract costs 1,514 3, 60 7 Amoritation of contract liabilities 1,912 1,912 1,912 Peberferd income taxes 1,912 1,912 1,912 Other for (expense), net 1,912 1,912 1,912 Designion sale of hotel 1,913 4,912 1,912 Account general trabilities 1,913 4,912 1,912 Accounting term assets and liabilities 1,914 4,912 1,912 Accounting term assets and propriate passes and other current assets 1,914 4,912 4,912 Accounting term assets and liabilities 3,134 4,912 4,912 Account propriate principal tradities 1,243 4,52 4,52 Account propriate principal tradities 3,134 4,52 | Decembe | ember 31, | r 31, | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) $ (2,913) $ 1,477 $ (3,186) Adjustments to reconcile net loss to cash provided by (used in) operating activities: 489 1,691 3,506 Depreciation and amortization 489 1,691 3,506 Amortization of key money and contract costs 1,514 396 7 Amortization of contract liabilities 192 1,497 713 Deferred income taxes 1,112 (1,819) 654 Other income (expense), net 2 1 9 486 Other income (expense), net 3,111 (942) (50 Change in current assets and liabilities (3,111) (942) (50 Prepaid expenses and other current assets (706) (414) (541) Other long term assets (19,498) (9,440) (1,007) Accounts receivable, net (3,111) (942) (50 Prepaid expenses and other current assets (706) (414) (541) Other long term assets (19,498) (9,440) (1,007) Accounts payable (2,132) | 2024 | 2023 | (Restated) | 2022 | |||||
| Adjustments to reconcile net loss to eash provided by (used in) operating activities: 489 1,691 3,506 Depreciation and amorization 1,514 396 7 Amortization of Centract liabilities 192 1,497 713 Deferred income taxes - 1 1 Other income (expense), net - - 846 Loss (gain) on sale of |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 79)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, it is not possible to determine the potential long-term financial implications of 'Peberferd income taxes' for Sonesta Simply Suites. The provided financial statements include a line item for 'Deferred income taxes,' which totaled $235,000 in both 2024 and 2023 under long-term liabilities. However, 'Peberferd income taxes' is listed in a table with what appears to be corrupted data.
To fully understand the long-term financial implications, a prospective Sonesta Simply Suites franchisee should request clarification from the franchisor regarding the nature of 'Peberferd income taxes,' how it differs from deferred income taxes, and how it might affect the franchisee's tax liabilities and overall financial performance. Understanding the specific tax obligations and potential deductions or credits is crucial for accurate financial forecasting and planning.
It would also be prudent to consult with a financial advisor or tax professional experienced in franchise operations to assess the potential impact of these taxes on the franchisee's profitability and cash flow. This expert can provide tailored advice based on the franchisee's individual circumstances and help them develop strategies to mitigate any adverse financial effects.