Carnival Cruises 2011 Annual Report Download - page 49

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Consolidated gross and net revenue yields were computed by dividing the gross and net cruise revenues, without
rounding, by ALBDs as follows (dollars in millions, except yields):
Years Ended November 30,
2011
2011
Constant
Dollar 2010
2010
Constant
Dollar 2009
Passenger ticket revenues .................. $ 12,158 $ 11,901 $ 11,084 $ 11,194 $ 10,288
Onboard and other revenues ................ 3,357 3,299 3,104 3,117 2,885
Gross cruise revenues .................... 15,515 15,200 14,188 14,311 13,173
Less cruise costs
Commissions, transportation and other ...... (2,461) (2,421) (2,272) (2,287) (2,220)
Onboard and other ...................... (506) (495) (474) (474) (461)
(2,967) (2,916) (2,746) (2,761) (2,681)
Net passenger ticket revenues ............... 9,697 9,480 8,812 8,907 8,068
Net onboard and other revenues ............. 2,851 2,804 2,630 2,643 2,424
Net cruise revenues ...................... $ 12,548 $ 12,284 $ 11,442 $ 11,550 $ 10,492
ALBDs ................................. 69,970,910 69,970,910 66,545,164 66,545,164 62,105,916
Gross revenue yields ..................... $ 221.74 $ 217.24 $ 213.21 $ 215.06 $ 212.10
% increase vs. prior year ................... 4.0% 1.9% 0.5% 1.4%
Net revenue yields ....................... $ 179.35 $ 175.56 $ 171.94 $ 173.57 $ 168.94
% increase vs. prior year ................... 4.3% 2.1% 1.8% 2.7%
Net passenger ticket revenue yields ......... $ 138.60 $ 135.49 $ 132.41 $ 133.86 $ 129.91
% increase vs. prior year ................... 4.7% 2.3% 1.9% 3.0%
Net onboard and other revenue yields ....... $ 40.75 $ 40.07 $ 39.52 $ 39.72 $ 39.03
% increase vs. prior year ................... 3.1% 1.4% 1.3% 1.8%
Consolidated gross and net cruise costs and net cruise costs excluding fuel per ALBD were computed by dividing
the gross and net cruise costs and net cruise costs excluding fuel, without rounding, by ALBDs as follows
(dollars in millions, except costs per ALBD):
Years Ended November 30,
2011
2011
Constant
Dollar 2010
2010
Constant
Dollar 2009
Cruise operating expenses .................. $ 10,095 $ 9,952 $ 8,880 $ 8,911 $ 8,171
Cruise selling and administrative expenses ..... 1,696 1,666 1,583 1,587 1,558
Gross cruise costs ....................... 11,791 11,618 10,463 10,498 9,729
Less cruise costs included in net cruise revenues
Commissions, transportation and other ...... (2,461) (2,421) (2,272) (2,287) (2,220)
Onboard and other ...................... (506) (495) (474) (474) (461)
Net cruise costs ......................... 8,824 8,702 7,717 7,737 7,048
Less fuel ............................... (2,193) (2,193) (1,622) (1,622) (1,156)
Net cruise costs excluding fuel ............. $ 6,631 $ 6,509 $ 6,095 $ 6,115 $ 5,892
ALBDs ................................ 69,970,910 69,970,910 66,545,164 66,545,164 62,105,916
Gross cruise costs per ALBD .............. $ 168.51 $ 166.05 $ 157.23 $ 157.77 $ 156.64
% increase vs. prior year ................... 7.2% 5.6% 0.4% 0.7%
Net cruise costs per ALBD ................ $ 126.11 $ 124.37 $ 115.96 $ $116.28 $ 113.48
% increase vs. prior year ................... 8.8% 7.3% 2.2% 2.5%
Net cruise costs excluding fuel per ALBD .... $ 94.76 $ 93.02 $ 91.59 $ 91.91 $ 94.86
% increase (decrease) vs. prior year .......... 3.5% 1.6% (3.4)% (3.1)%
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