| Dec'17 | Dec'16 | Sep'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
CURRENT ASSETS | |||||||||
Cash and cash equivalents | |||||||||
1,408 | 1,702 | 1,631 | 1,611 | 1,597 | 1,381 | 1,709 | 1,158 | 441 | 212 |
Investment securities | |||||||||
89 | 0 | - | - | - | - | - | - | - | - |
Bank deposits with original maturities over three months | |||||||||
9 | 210 | 92 | 724 | 110 | 626 | 0 | - | - | - |
Restricted cash | |||||||||
45 | 39 | 202 | 317 | 1,447 | 770 | 672 | - | 167 | 236 |
Accounts receivable, net | |||||||||
176 | 225 | 189 | 271 | 253 | 287 | 320 | 306 | 259 | 262 |
Amounts due from affiliated companies | |||||||||
2 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 0 |
Amount due from a shareholder | |||||||||
- | - | 0 | - | - | - | - | 0 | - | - |
Deferred tax assets | |||||||||
- | - | - | 0 | 0 | 0 | - | - | - | - |
Income tax receivable | |||||||||
- | - | - | - | 0 | 0 | 0 | - | 0 | 0 |
Inventories | |||||||||
34 | 32 | 33 | 33 | 23 | 18 | 16 | 15 | 14 | 6 |
Prepaid expenses and other current assets | |||||||||
77 | 68 | 69 | 61 | 69 | 54 | 27 | 23 | 15 | 19 |
Assets held for sale (Note 4) | |||||||||
- | - | - | - | 0 | 8 | 0 | - | - | - |
Total current assets | |||||||||
1,844 | 2,279 | 2,220 | 3,020 | 3,502 | 3,148 | 2,749 | 1,505 | 900 | 737 |
PROPERTY AND EQUIPMENT, NET | |||||||||
5,730 | 5,655 | 5,714 | 5,760 | 4,696 | 3,308 | 2,684 | 2,655 | 2,671 | 2,786 |
GAMING SUBCONCESSION, NET | |||||||||
256 | 313 | 327 | 370 | 427 | 485 | 542 | 599 | 656 | 713 |
INTANGIBLE ASSETS | |||||||||
4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
GOODWILL | |||||||||
81 | 81 | 81 | 81 | 81 | 81 | 81 | 81 | 81 | 81 |
LONG-TERM PREPAYMENTS, DEPOSITS AND OTHER ASSETS | |||||||||
189 | 194 | 170 | 192 | 290 | 350 | 88 | 72 | 95 | 52 |
RESTRICTED CASH | |||||||||
0 | 0 | - | 0 | 369 | 373 | 741 | 364 | - | - |
DEFERRED TAX ASSETS | |||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
DEFERRED FINANCING COSTS, NET | |||||||||
- | - | - | - | - | - | 65 | 42 | 45 | 38 |
LAND USE RIGHTS, NET | |||||||||
787 | 810 | 816 | 833 | 887 | 951 | 989 | 942 | 428 | 447 |
TOTAL ASSETS | |||||||||
8,895 | 9,340 | 9,334 | 10,262 | 10,260 | 8,704 | 7,947 | 6,269 | 4,884 | 4,862 |
LIABILITIES AND SHAREHOLDERS' EQUITY | |||||||||
CURRENT LIABILITIES | |||||||||
Accounts payable | |||||||||
16 | 17 | 17 | 15 | 14 | 9 | 13 | 12 | 8 | 8 |
Accrued expenses and other current liabilities | |||||||||
1,563 | 1,369 | 1,299 | 1,056 | 1,005 | 928 | 850 | 588 | 462 | 460 |
Income tax payable | |||||||||
3 | 7 | 5 | 3 | 6 | 6 | 1 | 1 | 0 | 0 |
Capital lease obligations, due within one year | |||||||||
33 | 30 | 31 | 29 | 23 | 27 | 0 | - | - | - |
Current portion of long-term debt, net | |||||||||
51 | 50 | 117 | 102 | 261 | 260 | 854 | - | 202 | 44 |
Amounts due to affiliated companies | |||||||||
16 | 3 | 2 | 2 | 3 | 2 | 0 | 1 | 0 | 7 |
Amount due to a shareholder (Note 24(c)) | |||||||||
- | - | 0 | - | 0 | 0 | 0 | - | 0 | 0 |
Total current liabilities | |||||||||
1,684 | 1,479 | 1,474 | 1,211 | 1,315 | 1,235 | 1,721 | 603 | 675 | 521 |
LONG-TERM DEBT, NET | |||||||||
3,506 | 3,669 | 3,667 | 3,712 | 3,469 | 2,164 | 2,339 | 2,325 | 1,521 | 1,638 |
OTHER LONG-TERM LIABILITIES | |||||||||
48 | 49 | 46 | 80 | 93 | 28 | 7 | 27 | 6 | 20 |
DEFERRED TAX LIABILITIES | |||||||||
53 | 56 | 54 | 55 | 58 | 62 | 66 | 70 | 18 | 17 |
CAPITAL LEASE OBLIGATIONS, DUE AFTER ONE YEAR | |||||||||
265 | 262 | 269 | 270 | 278 | 253 | 0 | - | - | - |
AMOUNT DUE TO AN AFFILIATED COMPANY | |||||||||
0 | 0 | - | - | - | - | - | - | - | - |
LOANS FROM SHAREHOLDERS (Note 20(c)) | |||||||||
- | - | - | - | - | - | - | - | 115 | 115 |
LAND USE RIGHTS PAYABLE (Note 23(c)) | |||||||||
- | - | - | - | 3 | 35 | 71 | 55 | 24 | 39 |
COMMITMENTS AND CONTINGENCIES (Note 21) | |||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
SHAREHOLDERS' EQUITY | |||||||||
Ordinary shares, par value $0.01; 7,300,000,000 shares authorized; 1,478,429,243 and 1,475,924,523 shares issued; 1,469,414,231 and 1,465,100,753 shares outstanding, respectively | |||||||||
14 | 14 | 14 | 16 | 16 | 16 | 16 | 16 | 16 | 15 |
Treasury shares, at cost; 9,015,012 and 10,823,770 shares, respectively | |||||||||
0 | 0 | 0 | 0 | 33 | 5 | 0 | 0 | 0 | 0 |
Additional paid-in capital | |||||||||
3,671 | 2,783 | 2,776 | 3,075 | 3,092 | 3,479 | 3,235 | 3,223 | 3,095 | 3,088 |
Accumulated other comprehensive losses | |||||||||
-26 | -24 | -23 | -21 | -17 | -15 | -1 | -1 | -11 | -29 |
(Accumulated losses) retained earnings | |||||||||
-772 | 570 | 546 | 1,270 | 1,227 | 772 | 134 | -282 | -577 | -566 |
Total Melco Resorts & Entertainment Limited shareholders' equity | |||||||||
2,887 | 3,343 | 3,314 | 4,339 | 4,286 | 4,246 | 3,385 | 2,956 | 2,523 | 2,509 |
Noncontrolling interests | |||||||||
448 | 479 | 507 | 592 | 755 | 678 | 354 | 231 | - | - |
Total equity | |||||||||
3,335 | 3,823 | 3,822 | 4,931 | 5,041 | 4,924 | 3,740 | 3,187 | 2,523 | - |
TOTAL LIABILITIES AND EQUITY | |||||||||
8,895 | 9,340 | 9,334 | 10,262 | 10,260 | 8,704 | 7,947 | 6,269 | 4,884 | 4,862 |