31 30 31 31 31 30 31 30 31

Plan 2006 RESORTS

Resort Name goes here
PROFIT & LOSS STATEMENT Jan-06 Feb-06 Mar-06 Apr-06 May-06 Jun-06 Jul-06 Aug-06 Sep-06 Oct-06 Nov-06 Dec-06 Plan 2006

AVIALABLE ROOMS 1,612 1,456 1,612 1,560 4,402 4,260 4,402 4,402 4,260 4,402 4,260 4,402 41,030
OCCUPIED - PAID 403 510 1,200 936 2,641 2,769 2,941 2,941 2,556 2,641 2,556 3,081 25,175
COMPLIMENTARY 0 0 0 0 0 0 0 0 0 0 0 0 0
OCCUPIED - TOTAL 403 510 1,200 936 2,641 2,769 2,941 2,941 2,556 2,641 2,556 3,081 25,175
PAID OCCUPANCY % 25.0% 35.0% 45.0% 60.0% 60.0% 65.0% 70.0% 70.0% 60.0% 60.0% 60.0% 70.0% 61.4%
TOTAL OCCUPACCY % 25.0% 75.0% 75.0% 60.0% 60.0% 65.0% 70.0% 70.0% 60.0% 60.0% 60.0% 70.0% 61.4%
AVERAGE GUESTS/ROOM 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00
NO. OF GUESTS 2,256 2,200 2,400 1,872 5,282 5,538 5,882 5,882 5,112 5,282 5,112 6,162 52,980
AVERAGE RATE 3,200.00 3,200.00 3,200.00 2,800.00 2,500.00 2,700.00 3,200.00 3,200.00 2,700.00 2,500.00 2,700.00 3,500.00 4,725.00
REVPAR 800.00 1,120.00 1,440.00 1,680.00 1,500.00 1,755.00 2,240.00 2,240.00 1,620.00 1,500.00 1,620.00 2,450.00 2,899.14

ROOM REVENUE 3,609,600 1,632,000 2,880,000 2,626,800 6,602,500 7,476,300 9,411,200 9,411,200 6,928,200 6,602,500 6,901,200 10,783,500 74,865,000 69.1%
F&B REVENUE 1,941,114 1,906,170 744,250 957,600 1,484,280 1,358,280 1,386,630 942,648 617,400 1,295,490 2,757,300 3,782,250 19,173,412 17.7%
TELPHONE REVENUE 50,000 50,000 50,000 50,000 55,000 60,000 70,000 70,000 55,000 55,000 55,000 70,000 690,000 0.6%
M.O.D. REVENUE 33,000 51,000 674,700 839,880 1,369,393 1,187,723 890,393 489,160 676,500 1,301,510 2,659,343 3,382,368 13,554,970 12.5%
R.O.I. REVENUE 0 0 0 0 0 0 0 0 0 0 0 0 0.0%
TOTAL REVENUE 5,633,714 3,639,170 4,348,950 4,474,280 9,511,173 10,082,303 11,758,223 10,913,008 8,277,100 9,254,500 12,372,843 18,018,118 108,283,382 100.0%

ROOM REVENUE 3,609,600 1,632,000 2,323,200 2,620,800 6,602,500 7,476,300 9,411,200 9,411,200 6,928,200 3,515,400 8,053,500 9,151,200 78,652,533 100.0%
ROOMS PAYROLL 376,700 376,700 376,700 402,900 448,600 459,600 465,100 470,600 476,100 476,100 476,100 476,100 5,281,300 6.7%
ROOMS OTHER EXP. 119,097 186,560 203,520 138,903 349,932 396,244 4,987,936 427,494 367,195 186,317 426,835 485,014 8,275,047 10.5%
ROOM PROFIT 3,113,803 1,068,740 1,742,980 2,078,997 5,803,968 6,620,456 3,958,164 8,513,106 6,084,905 2,852,983 7,150,565 8,190,086 57,178,753 72.7%
ROOM PROFITABILITY 86.26% 65.49% 75.02% 79.33% 87.91% 88.55% 42.06% 90.46% 87.83% 81.16% 88.79% 89.50% 72.70%

CAPTURE RATE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NO. OF COVERS 0 0 0 0 0 0 0 0 0 0 0 0 0
FOOD AVG. CHECK #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!

F&B REVENUE 1,941,114 1,906,170 2,030,970 1,555,482 3,108,345 3,449,127 4,203,738 4,203,738 1,873,554 1,429,003 3,674,265 5,302,338 34,677,844 100.0%
F&B COST OF SALES 324,864 316,800 345,600 235,872 594,225 672,867 847,008 847,008 877,640 316,386 724,815 1,323,608 7,426,693 21.4%
F&B PAYROLL & BENEFIT 515,600 552,400 635,700 707,800 765,300 790,800 814,800 826,800 826,800 826,800 826,800 826,800 8,916,400 25.7%
F&B OTHER EXP 28,000 28,000 28,000 18,000 28,000 28,000 28,000 28,000 12,000 12,000 28,000 32,000 2,980,000 8.6%
F&B PROFIT 1,072,650 1,008,970 1,021,670 593,810 1,720,820 1,957,460 2,513,930 2,501,930 157,114 273,817 2,094,650 3,119,930 18,036,751 52.0%
F&B PROFITABILITY 55.3% 52.9% 50.3% 38.2% 55.4% 56.8% 59.8% 59.5% 8.4% 19.2% 57.0% 58.8% 52.0%

TEL.REVENUE 38,000 38,000 50,000 50,000 55,000 60,000 70,000 70,000 55,000 55,000 55,000 70,000 666,000 100.0%
TEL. C.O.S. 9,000 9,500 15,000 15,000 16,500 18,000 21,000 21,000 16,500 16,500 16,500 21,000 195,500 29.4%
TEL PAYROLL 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0%
TEL OTHER EXP. 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 12,000 1.8%
TEL. PROFIT 28,000 27,500 34,000 34,000 37,500 41,000 48,000 48,000 37,500 37,500 37,500 48,000 458,500 68.8%

MOD REVENUE 33,000 51,000 108,500 138,680 199,393 192,123 196,393 165,760 159,500 251,710 610,643 733,268 2,839,970 100.0%
MOD C.O.S. 20,475 20,475 20,475 29,106 45,627 44,156 27,342 27,342 19,845 61,520 187,040 227,820 731,223 25.7%
MOD PAYROLL 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0%
MOD OTHER EXP. 1,200 1,200 1,200 1,200 1,600 1,600 1,600 1,600 1,600 1,600 1,800 1,800 18,000 0.6%
MOD PROFIT 11,325 29,325 86,825 108,374 152,166 146,367 167,451 136,818 138,055 188,590 421,803 503,648 2,090,747 73.6%

ROI REVENUE 0 0 0 0 0 0 0 0 0 0 0 0 0 #DIV/0!

ROI OTHER EXP 0 0 0 0 0 0 0 0 0 0 0 0 0 #DIV/0!
ROI PROFIT 0 0 0 0 0 0 0 0 0 0 0 0 0 #DIV/0!

DEPT. INCOME 4,225,778 2,134,535 2,885,475 2,815,181 7,714,454 8,765,283 6,687,545 11,199,854 6,417,574 3,352,890 9,704,518 11,861,664 77,764,751 71.8%
A&G PAYROLL 743,940 743,940 743,940 803,940 803,940 803,940 803,940 803,940 803,940 803,940 803,940 803,940 9,467,280 8.7%
A&G OTHER 49,000 49,000 49,000 49,000 59,000 59,000 59,000 59,000 59,000 59,000 67,500 139,000 756,500 0.7%
S&M PAYROLL 85,160 85,160 85,160 85,160 85,160 85,160 85,160 85,160 85,160 85,160 85,160 85,160 1,021,920 0.9%
S&M OTHER 181,870 123,370 147,070 119,620 140,870 223,570 130,870 126,870 152,070 132,370 133,370 151,370 1,763,290 1.6%
R&M PAYROLL 163,360 163,360 163,360 163,360 163,360 163,360 163,360 163,360 163,360 163,360 164,400 164,400 1,962,400 1.8%
R&M OTHER 90,922 80,122 80,122 80,122 90,122 90,122 90,122 91,322 91,322 91,322 93,422 93,422 1,062,464 1.0%
ENERGY 288,000 283,000 238,000 230,000 482,000 511,000 595,000 552,000 420,000 469,000 625,000 906,906 5,599,906 5.2%
TOTAL OVERHEADS 1,602,252 1,527,952 1,506,652 1,531,202 1,824,452 1,936,152 1,927,452 1,881,652 1,774,852 1,804,152 1,972,792 2,344,198 21,633,760 20.0%

TOTAL PAYROLL AND RELATED & EXP. 1,884,760 1,921,560 2,004,860 2,163,160 2,266,360 2,302,860 2,332,360 2,349,860 2,355,360 2,355,360 2,356,400 2,356,400 26,649,300 24.6%
GOP 2,623,526 606,583 1,378,823 1,283,979 5,890,002 6,829,131 4,760,093 9,318,202 4,642,722 1,548,738 7,731,726 9,517,466 56,130,991 51.84%

GOP % 46.57% 16.67% 31.70% 28.70% 61.93% 67.73% 40.48% 85.39% 56.09% 16.73% 62.49% 52.82% 51.84%
PROPERTY TAX 0 0.0%
INSURANCE 0 0.0%
CASH EARNINGS ( LOSS) 2,623,526 606,583 1,378,823 1,283,979 5,890,002 6,829,131 4,760,093 9,318,202 4,642,722 1,548,738 7,731,726 9,517,466 56,130,991 51.84%

LESS:
MANAGEMENT FEES - BASIC FEES 0 0.0%
MANAGEMENT FEES - INCENTIVE FEES 0 0.0%
LICENSE FEES 0 0.0%
PROVISION FOR FF&E 0 0.0%
PLUS: