Carnival Cruises 2014 Annual Report Download - page 59

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non-GAAP current and constant dollar financial measures and, accordingly, they are susceptible to varying
calculations, and it is possible that they may not be exactly comparable to the like-kind information presented by
other companies, which is a potential risk associated with using these measures to compare us to other
companies.
Consolidated gross and net revenue yields were computed by dividing the gross and net cruise revenues by
ALBDs as follows (dollars in millions, except yields):
Years Ended November 30,
2014
2014
Constant
Dollar 2013
2013
Constant
Dollar 2012
Passenger ticket revenues ............... $ 11,889 $ 11,787 $ 11,648 $ 11,581 $ 11,658
Onboard and other revenues ............. 3,780 3,765 3,598 3,588 3,513
Gross cruise revenues ................. 15,669 15,552 15,246 15,169 15,171
Less cruise costs
Commissions, transportation and other . . (2,299) (2,277) (2,303) (2,285) (2,292)
Onboard and other .................. (519) (516) (539) (538) (558)
(2,818) (2,793) (2,842) (2,823) (2,850)
Net passenger ticket revenues ........... 9,590 9,510 9,345 9,296 9,366
Net onboard and other revenues .......... 3,261 3,249 3,059 3,050 2,955
Net cruise revenues ................... $ 12,851 $ 12,759 $ 12,404 $ 12,346 $ 12,321
ALBDs ............................. 75,999,952 75,999,952 74,032,939 74,032,939 71,975,652
Gross revenue yields .................. $ 206.17 $ 204.63 $ 205.94 $ 204.89 $ 210.78
% increase (decrease) vs. prior year ....... 0.1% (0.6)% (2.3)% (2.8)%
Net revenue yields .................... $ 169.09 $ 167.88 $ 167.56 $ 166.76 $ 171.18
% increase (decrease) vs. prior year ....... 0.9% 0.2% (2.1)% (2.6)%
Net passenger ticket revenue yields ..... $ 126.18 $ 125.14 $ 126.23 $ 125.57 $ 130.13
% decrease vs. prior year ............... 0.0% (0.9)% (3.0)% (3.5)%
Net onboard and other revenue yields . . . $ 42.90 $ 42.75 $ 41.33 $ 41.19 $ 41.05
% increase vs. prior year ............... 3.8% 3.4% 0.7% 0.4%
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