Royal Caribbean Cruise Lines 2001 Annual Report Download - page 43

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Consolidated Statements of Shareholders’ Equity
Royal Caribbean Cruises Ltd. 41
Accumulated
Other Total
Preferred Common Paid-in Retained Comprehensive Treasury Shareholders’
(in thousands) Stock Stock Capital Earnings Income (Loss) Stock Equity
Balances at January 1, 1999 $ 172,500 $ 1,690 $ 1,361,796 $ 923,691 $ – $(4,919) $2,454,758
Issuance of common stock – 108 487,291 – – – 487,399
Issuance under preferred
stock conversion (300) – 300 – – – –
Issuance under employee related plans – 14 17,260 – – (560) 16,714
Preferred stock dividends – – – (12,506) – – (12,506)
Common stock dividends – – – (69,062) – – (69,062)
Net income – – – 383,853 – – 383,853
Balances at December 31, 1999 172,200 1,812 1,866,647 1,225,976 – (5,479) 3,261,156
Issuance under preferred
stock conversion (172,200) 106 172,094 – – – –
Issuance under employee related plans – 3 4,370 – – (559) 3,814
Preferred stock dividends – – – (3,121) – – (3,121)
Common stock dividends – – – (91,297) – – (91,297)
Net income – – – 445,363 – – 445,363
Balances at December 31, 2000 – 1,921 2,043,111 1,576,921 – (6,038) 3,615,915
Issuance under employee related plans – 2 2,793 – – (560) 2,235
Common stock dividends – – – (99,955) – – (99,955)
Transition adjustment SFAS No. 133 – – – – 7,775 – 7,775
Changes related to cash flow
derivative hedges – – – – (23,843) – (23,843)
Net income – – – 254,457 – – 254,457
Balances at December 31, 2001 $ – $1,923 $2,045,904 $1,731,423 $(16,068) $(6,598) $3,756,584
Comprehensive income is as follows:
Year Ended December 31,
(in thousands) 2001 2000 1999
Net income $254,457 $445,363 $383,853
Transition adjustment SFAS No. 133 7,775 ––
Changes related to cash flow
derivative hedges (23,843) ––
Total comprehensive income $238,389 $445,363 $383,853
The accompanying notes are an integral part of these financial statements.