Attached files
| file | filename |
|---|---|
| 8-K - 8-K - CARNIVAL CORP | segmentmemo8-k.htm |
Segment Information
November 30, 2017 | ||||||||
Passenger Capacity | Percentage of Total Capacity | Number of Cruise Ships | ||||||
NAA Segment | ||||||||
Carnival Cruise Line | 66,380 | 29 | % | 25 | ||||
Princess Cruises | 45,230 | 20 | 17 | |||||
Holland America Line | 23,820 | 10 | 14 | |||||
P&O Cruises (Australia) | 7,790 | 3 | 5 | |||||
Seabourn | 1,970 | 1 | 4 | |||||
145,190 | 63 | 65 | ||||||
EA Segment | ||||||||
Costa Cruises | 35,920 | 15 | 15 | |||||
AIDA Cruises | 25,250 | 11 | 12 | |||||
P&O Cruises (UK) | 18,380 | 8 | 8 | |||||
Cunard | 6,830 | 3 | 3 | |||||
86,380 | 37 | 38 | ||||||
231,570 | 100 | % | 103 | |||||
We also have a Cruise Support segment that represents our portfolio of leading port destinations and other services all of which are operated for the benefit of our cruise brands.
In addition to our cruise operations, we own Holland America Princess Alaska Tours, the leading tour company in Alaska and the Canadian Yukon, which complements our Alaska cruise operations. Our tour company owns and operates hotels, lodges, glass-domed railcars and motorcoaches. This tour company and cruise ships, which we charter-out under long-term leases, comprise our Tour and Other segment.
Unaudited Segment Financial Information
(in millions) | Revenues | Operating costs and expenses | Selling and administrative | Depreciation and amortization | Operating income (loss) | Capital expenditures | Total assets | ||||||||||||||||||||
2017 | |||||||||||||||||||||||||||
NAA | $ | 11,590 | $ | 6,852 | $ | 1,337 | $ | 1,195 | $ | 2,117 | (a) | $ | 1,715 | $ | 24,430 | ||||||||||||
EA | 5,703 | 3,568 | 667 | 561 | 907 | 793 | 14,149 | ||||||||||||||||||||
Cruise Support | 129 | 66 | 246 | 53 | (235 | ) | 431 | 1,739 | |||||||||||||||||||
Tour and Other | 236 | 163 | 15 | 37 | 20 | 5 | 459 | ||||||||||||||||||||
Intersegment elimination | (148 | ) | (148 | ) | — | — | — | — | — | ||||||||||||||||||
$ | 17,510 | $ | 10,501 | $ | 2,265 | $ | 1,846 | $ | 2,809 | $ | 2,944 | $ | 40,778 | ||||||||||||||
2016 | |||||||||||||||||||||||||||
NAA | $ | 10,709 | $ | 6,107 | $ | 1,273 | $ | 1,117 | $ | 2,211 | $ | 2,114 | $ | 24,066 | |||||||||||||
EA | 5,464 | 3,203 | 638 | 538 | 1,086 | 622 | 12,844 | ||||||||||||||||||||
Cruise Support | 131 | 67 | 278 | 42 | (256 | ) | 310 | 1,513 | |||||||||||||||||||
Tour and Other | 231 | 152 | 8 | 41 | 30 | 16 | 458 | ||||||||||||||||||||
Intersegment elimination | (146 | ) | (146 | ) | — | — | — | — | — | ||||||||||||||||||
$ | 16,389 | $ | 9,383 | $ | 2,197 | $ | 1,738 | $ | 3,071 | $ | 3,062 | $ | 38,881 | ||||||||||||||
2015 | |||||||||||||||||||||||||||
NAA | $ | 10,180 | $ | 6,172 | $ | 1,189 | $ | 1,031 | $ | 1,787 | $ | 1,165 | $ | 23,014 | |||||||||||||
EA | 5,322 | 3,195 | 646 | 524 | 958 | 954 | 13,482 | ||||||||||||||||||||
Cruise Support | 119 | 58 | 223 | 27 | (189 | ) | 162 | 2,248 | |||||||||||||||||||
Tour and Other | 226 | 155 | 9 | 44 | 18 | 13 | 493 | ||||||||||||||||||||
Intersegment elimination | (133 | ) | (133 | ) | — | — | — | — | — | ||||||||||||||||||
$ | 15,714 | $ | 9,447 | $ | 2,067 | $ | 1,626 | $ | 2,574 | $ | 2,294 | $ | 39,237 | ||||||||||||||
(a) Includes $89 million of impairment charges related to NAA's goodwill and trademarks.