Carnival Cruises 2004 Annual Report Download - page 4

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1Carnival Corporation & plc
(in millions, except per share
Pro Forma
amounts and other operating data) 2004 2003(a) 2003 2002
Revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 9,727 $ 7,596 $ 6,718 $ 4,383
Net Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1,854 $ 1,210 $ 1,194 $ 1,016
Earnings Per Share . . . . . . . . . . . . . . . . . . . . . . . . . $ 2.24 $ 1.49 $ 1.63 $ 1.69
Dividends Per Share . . . . . . . . . . . . . . . . . . . . . . . . $ 0.525 $ 0.44 $ 0.44 $ 0.42
Total Assets(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $27,636 $24,491 $24,491 $12,335
Other Operating Data
Passengers Carried . . . . . . . . . . . . . . . . . . . . . . . . 6,306,168 5,422,456 5,037,553 3,549,019
Passenger Capacity(b)(c) . . . . . . . . . . . . . . . . . . . . . 132,082 118,040 118,040 67,282
Number of Ships(b) . . . . . . . . . . . . . . . . . . . . . . . . . 77 73 73 45
Number of Employees(b) . . . . . . . . . . . . . . . . . . . . 70,000 60,000 60,000 37,000
(a) Gives pro forma effect for the merger with P&O Princess as if the P&O Princess brands had been included in our consolidated results
for all of 2003 and excludes $51 million of P&O Princess’ merger related costs, or $0.06 earnings per share. This differs from the pro
forma amounts shown in Note 3 to the consolidated financial statements as U.S. GAAP requires pro forma net income to be reduced
by the amount of the merger related costs.
(b) As of the end of the year, except for the number of ships and passenger capacity in 2004 and 2003, which is as of February 2005 and 2004.
(c) Passenger capacity is calculated based on two passengers per cabin.
Carnival Corporation & plc
Highlights