Carnival Cruises 2015 Annual Report Download - page 58

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This increase was caused by:
– $110 million – higher onboard spending by our guests and
– $49 million – 2.0 percentage point increase in occupancy.
These increases were partially offset by lower third party revenues, which accounted for $18 million.
Onboard and other revenues included concession revenues that increased by $12 million, or 1.6%, to $747
million in 2015 from $735 million in 2014.
EAA Brands
Cruise passenger ticket revenues made up 82% of our EAA brands’ 2015 total revenues. Cruise passenger ticket
revenues decreased by $430 million, or 8.5%, to $4.6 billion in 2015 from $5.0 billion 2014.
This decrease was caused by:
– $715 million – 2015 foreign currency translational impact and
– $58 million – 1.2 percentage point decrease in occupancy.
These decreases were partially offset by:
– $205 million – 4.1% capacity increase in ALBDs and
– $135 million – increase in cruise ticket pricing, driven primarily by improvements in Mediterranean and
North European itineraries and favorable foreign currency transactional impacts.
The remaining 18% of our EAA brands’ 2015 total revenues were comprised of onboard and other cruise
revenues, which decreased by $81 million, or 7.3%, to $1.0 billion in 2015 from $1.1 billion in 2014.
This decrease was caused by the 2015 foreign currency translational impact, which accounted for $165 million.
This decrease was partially offset by:
– $51 million – higher onboard spending by our guests and
– $45 million – 4.1% capacity increase in ALBDs.
Onboard and other revenues included concession revenues that decreased by $38 million, or 10%, to $329
million in 2015 from $367 million in 2014. This decrease was caused by the 2015 foreign currency translational
impact.
Costs and Expenses
Consolidated
Operating costs and expenses decreased by $973 million, or 9.3%, to $9.4 billion in 2015 from $10.4 billion in
2014.
This decrease was caused by:
– $776 million – lower fuel prices;
– $475 million – 2015 foreign currency translational impact;
– $53 million – nonrecurrence of impairment charges incurred in 2014 related to Grand Celebration and
Grand Holiday;
– $43 million – lower fuel consumption per ALBD and
– $20 million – gain on a litigation settlement.
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