Carnival Cruises 2013 Annual Report Download - page 99
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Table of Contents
2013 Compared to 2012
Revenues
Consolidated
Cruise passenger ticket revenues made up 75% of our 2013 total revenues. Cruise passenger ticket revenues decreased slightly by $10 million to $11.6 billion
in 2013 from $11.7 billion in 2012.
This decrease was caused by:
• $358 million – decrease in cruise ticket pricing and
• $42 million – decrease in occupancy.
These decreases were offset by:
• $333 million – 2.9% capacity increase in ALBDs and
• $67 million – weaker U.S. dollar against the euro, net of a stronger U.S. dollar against the sterling and Australian dollar (“2013 net currency impact”).
The remaining 25% of 2013 total revenues were substantially all comprised of onboard and other cruise revenues, which increased by $85 million, or 2.4%,
to $3.6 billion in 2013 from $3.5 billion in 2012. This increase was caused by our 2.9% capacity increase in ALBDs, which accounted for $100 million,
partially offset by lower other revenues, which accounted for $23 million. Onboard and other revenues included concession revenues of $1.1 billion in 2013,
which were flat compared to 2012.
North America Brands
Cruise passenger ticket revenues made up 74% of our 2013 total revenues. Cruise passenger ticket revenues decreased slightly by $40 million to $6.8 billion
in 2013 from $6.9 billion in 2012.
This decrease was caused by:
• $168 million – decrease in cruise ticket pricing and
• $79 million – slight decrease in occupancy.
These decreases were partially offset by:
• $173 million – 2.5% capacity increase in ALBDs and
• $37 million – increase in air transportation revenues from guests who purchased their tickets from us.
Our cruise ticket pricing decline was driven by promotional pricing at Carnival Cruise Lines.
The remaining 26% of 2013 total revenues were comprised of onboard and other cruise revenues, which increased slightly by $27 million and remained at
$2.4 billion in both 2013 and 2012. This increase was caused by our 2.5% capacity increase in ALBDs, which accounted for $60 million, partially offset by
a slight decrease in occupancy, which accounted for $27 million. Onboard and other revenues included concession revenues of $727 million in both 2013 and
2012.
EAA Brands
Cruise passenger ticket revenues made up 81% of our 2013 total revenues. Cruise passenger ticket revenues increased slightly by $33 million and remained at
$4.8 billion in both 2013 and 2012.
This increase was caused by:
• $163 million – 3.4% capacity increase in ALBDs;
• $67 million – 2013 net currency impact and
• $47 million – slight increase in occupancy.
These increases were partially offset by:
• $191 million – decrease in cruise ticket pricing and
• $44 million – decrease in air transportation revenues from guests who purchased their tickets from us.
Our cruise ticket pricing decline, which was affected by the ongoing challenging economic environment in Europe, was caused by our European brands.
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