Royal Caribbean Cruise Lines 2014 Annual Report Download - page 50

Download and view the complete annual report

Please find page 50 of the 2014 Royal Caribbean Cruise Lines annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 104

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104

Royal Caribbean Cruises Ltd. 49
PART II
The following table presents operating results as a percentage of total revenues for the last three years:
Year Ended December 31,   
Passenger ticket revenues   
Onboard and other revenues   
Total revenues   
Cruise operating expenses:
Commissions, transportation and other   
Onboard and other   
Payroll and related   
Food   
Fuel   
Other operating   
Total cruise operating expenses   
Marketing, selling and administrative expenses   
Depreciation and amortization expenses   
Impairment of Pullmantur related assets — — 
Restructuring and related impairment charges   —
Operating income   
Other expense () () ()
Net income   
Selected statistical information is shown in the following table:
Year Ended December 31,   
Passengers Carried   
Passenger Cruise Days   
APCD   
Occupancy   
Gross Yields and Net Yields were calculated as follows (in thousands, except APCD and Yields):
Ona
Constant
Currency
Year Ended December 31,  Basis  
Passenger ticket revenues        
Onboard and other revenues    
Total revenues    
Less:
Commissions, transportation and other    
Onboard and other    
Net revenues including divested businesses    
Less:
Net revenues related to divested businesses prior to sales transaction    
Net Revenues        
APCD    
Gross Yields        
Net Yields        