Carnival Cruises 2010 Annual Report Download - page 30

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tour and transportation operations of Holland America Princess Alaska Tours and our two owned ships that we
charter to an unaffiliated entity. The significant accounting policies of our segments are the same as those
described in Note 2 – “Summary of Significant Accounting Policies.” Information for our Cruise and Tour and
Other segments as of and for the years ended November 30 was as follows (in millions):
Revenues(a)
Operating
expenses
Selling
and
adminis-
trative
Depreciation
and
amortization
Operating
income
(loss)
Capital
expend-
itures
Total
assets
2010
North America Cruise
Brands ................ $ 8,379 $5,294 $ 902 $ 843 $1,340 $1,082 $21,239
EAA Cruise Brands ....... 5,730 3,572 584 505 1,069 2,260 14,849
Cruise Support ........... 79 14 98 27 (60) 218 802
Tour and Other ........... 403 334 30 41 (2) 19 600(b)
Intersegment elimination . . . (122) (122) - - - - -
$14,469 $9,092 $1,614 $1,416 $2,347 $3,579 $37,490
2009
North America Cruise
Brands ................ $ 7,815 $4,944 $ 896 $ 791 $1,184 $1,474 $21,073
EAA Cruise Brands ....... 5,280 3,215 573 458 1,034 1,823 14,659
Cruise Support ........... 78 12 89 25 (48) 58 593
Tour and Other ........... 427 376 32 35 (16) 25 510(b)
Intersegment elimination . . . (140) (140) - - - - -
$13,460 $8,407 $1,590 $1,309 $2,154 $3,380 $36,835
2008
North America Cruise
Brands ................ $ 8,766 $5,510 $ 905 $ 723 $1,628 $1,675 $20,484
EAA Cruise Brands ....... 5,713 3,503 612 462 1,136 1,597 11,579
Cruise Support ........... 76 34 77 28 (63) 49 770
Tour and Other ........... 561 462 35 36 28 32 567(b)
Intersegment elimination . . . (169) (169) - - - - -
$14,947 $9,340 $1,629 $1,249 $2,729 $3,353 $33,400
(a) A portion of Tour and Other segment revenues include revenues for the cruise portion of a tour, when a
cruise is sold along with a land tour package by Holland America Princess Alaska Tours, and shore
excursion and port hospitality services provided to cruise guests by this tour company. These intersegment
revenues, which are included in full in the cruise brand segments, are eliminated directly against the Tour
and Other segment revenues and operating expenses in the line “Intersegment elimination.”
(b) Tour and Other segment assets primarily include hotels and lodges in the state of Alaska and the Canadian
Yukon, motorcoaches used for sightseeing and charters, domed rail cars, which run on the Alaska Railroad,
and our owned ships under long-term charter to an unaffiliated entity. At November 30, 2010, the former
Costa Europa and Holland America Line’s former Noordam are being chartered-out.
Non-U.S. revenues for our cruise brands represent sales generated from outside the U.S. primarily by non-U.S.
tour operators and non-U.S. travel agencies. Substantially all of our long–lived assets are located outside of the
U.S. and consist principally of our ships and ships under construction.
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