Corinthia Palace Hotel Company Limited Report and financial statements Year ended 31 December 2016 4 Directors’ report - continued A net revaluation uplift of €3.0 million (2015: Impairment of €4.5 million) was recognised in the Income Statement mainly due to the improvement in results of Corinthia Hotel St Petersburg. and Hotel accommodations sold with additional amenities. Pisani has been chairman since the company's inception. From 2000 to 2014 he has served as Chairman of the Monitoring Committee of CPHCL and IHI. of Corinthia Palace Hotel Company Limited, and has served on a number of boards of subsidiary companies. The hotel offers 309 rooms, junior and executive suites and a choice of services and amenities. Malta. Create a profile that’s out of this world! are attached to this company announcement and are Joseph Fenech - DirectorMr Fenech is a Fellow of the Chartered Association of Certified Accountants of the United Kingdom and a Fellow of the Malta Institute of Accountants. He is also a member of the Board of Directors of Sultan Centre. Mr Bajada joined the Corinthia Group in 1998 after a career with the Malta Tourist Board. Corinthia Palace Hotel Company Limited Report and Financial Statements 31 December 2018 Statements of financial position — continued The Group 31 December 31 December I January 2017 €'000 (restated) 202,331 249,396 26,635 123,651 220 605,379 37,033 9,706 228 3,512 68,412 118,891 724,270 1,377,424 The Company 31 December 31 December Liabilities CORINTHIA PALACE HOLDINGS LIMITED: Shareholder--21-JUN-2010: Malta-Paradise Papers - Malta corporate registry: CPHCL INVESTMENTS LIMITED: Shareholder--30-SEP-1968: Malta-Paradise Papers - Malta corporate registry: D.X. The Corinthia Group's success begins with prominent hotelier Alfred Pisani, who developed one of Malta's first deluxe hotels on a family-owned estate. Mr Fenech joined the Corinthia Group in 1980 after having spent a number of years as senior auditor with a local auditing firm. Corinthia Hotels’ portfolio of award-winning hotels includes the stunning Corinthia Hotel London, the latest addition to the Corinthia Family and the jewel in our crown, the historic and breath-taking Corinthia Hotel Budapest in Hungary, the palatial and grandiose Corinthia Hotel St Petersburg in Russia. He has led the Corinthia Group from a one hotel company to a diversified group having significant interests in Malta and overseas. Founded in Malta in 1962, there are now nine … The directors present their report together with the audited financial statements of Corinthia Palace Hotel Company Limited (the ‘Company’ or ‘CPHCL’) and the consolidated financial statements of the Group of which it is the parent, for the year ended 31 December 2015. It is located on the banks of the River Danube on the Buda side of the city, across the river from the famous spas at Margaret Island. Corinthia Palace Hotel Company Limited Report and financial statements Year ended 31 December 2014 4 After adding the net comprehensive income of € 3.3 million to the loss after tax of € 38.7 million, the group’s total comprehensive expense for 2014 amounted to € 35.4 million against a total comprehensive income of € Mr Yousri Helmi holds an MBA from American University of Beirut in Lebanon and is a certified public accountant registered with the California Board of Accountancy. From city-centre hotels to coastal resorts, each one is connected by a strong Corinthia philosophy. Dec 2011 – Aug 2014 2 years 9 months. On the other hand, the which, in turn, owns the Panorama Hotel and adjacent garage situated in Prague, … The hotel is a landmark high-rise 440-room property in the district of Pankrac, the principal financial and commercial property district of Prague. 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