Royal caribbean cruises ltd (RCL)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Total revenues

10,950

9,493

8,777

8,496

8,299

8,073

7,959

7,688

7,537

6,752

5,889

6,532

Cruise operating expenses:
Total cruise operating expenses

6,062

5,262

4,896

5,015

5,099

5,306

5,305

5,157

4,942

4,458

4,071

4,403

Marketing, selling and administrative expenses

1,559

1,303

1,186

1,108

1,086

1,048

1,044

1,011

960

848

761

776

Depreciation and amortization expenses

1,245

1,033

951

894

827

772

754

730

702

643

568

520

Impairment and credit losses

-

-

-

-

411

0

-

385

0

-

-

-

Restructuring charges

-

-

-

-

-

4

56

-

0

-

-

-

Total operating costs

-

-

-

-

7,424

7,131

7,161

7,284

6,605

5,949

5,401

5,700

Operating (Loss) Income

2,082

1,894

1,744

1,477

874

941

798

403

931

802

488

831

Other income (expense):
Interest income

26

32

30

20

12

10

13

21

25

9

7

14

Interest expense, net of interest capitalized

408

333

299

307

277

258

332

355

382

371

309

327

Equity investment (loss) income

230

210

156

128

81

51

-

-

-

-

-

-

Extinguishment of unsecured senior notes

-

-

-

-

-

-

-4

-7

0

-

-

-

Other expense

-24

11

-5

-35

-24

18

-1

-42

32

74

-33

54

Total other income (expense)

-175

-79

-118

-193

-209

-177

-324

-384

-324

-286

-336

-258

Net (Loss) Income

1,907

1,815

1,625

1,283

-

-

-

-

-

-

-

-

Less: Net Income attributable to noncontrolling interest

28

4

0

0

-

-

-

-

-

-

-

-

Net (Loss) Income attributable to Royal Caribbean Cruises Ltd.

1,878

1,811

1,625

1,283

665

764

473

18

607

515

152

573

(Loss) Earnings per Share:
Basic (in dollars per share)

8.97

8.60

7.57

5.96

3.03

3.45

2.16

0.08

2.80

2.40

0.71

2.69

Diluted (in dollars per share)

8.95

8.56

7.53

5.93

3.02

3.43

2.14

0.08

2.77

2.37

0.71

2.68

Comprehensive (Loss) Income
Net Income

1,907

1,815

1,625

1,283

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

1,878

1,811

1,625

1,283

665

764

473

18

607

515

152

573

Other comprehensive income (loss):
Foreign currency translation adjustments

0

-14

17

2

-30

-26

1

-2

-18

-29

-

-

Change in defined benefit plans

19

-7

5

1

-4

7

-10

4

6

5

-

-

(Loss) gain on cash flow derivative hedges

-151

-286

570

411

-406

-869

127

-51

-76

-123

-

-

Total other comprehensive (loss) income

-169

-293

582

411

-431

-902

140

-58

-101

-157

-

-

Comprehensive (Loss) Income

1,737

1,522

2,207

1,695

-

-

-

-

-

-

-

-

Less: Comprehensive Income attributable to noncontrolling interest

28

4

0

0

-

-

-

-

-

-

-

-

Comprehensive (Loss) Income attributable to Royal Caribbean Cruises Ltd.

1,708

1,517

2,207

1,695

234

-138

613

-40

506

357

-

-

Loss from elimination of reporting lag of subsidiary

-

-

-

-21

-

-

-

-

-

-

-

-

Deferred income tax expense (benefit)

-

-

-

-

-12

-33

-

-

-

-

-

-

Passenger ticket revenues
Total revenues

7,857

6,792

6,313

6,149

6,058

5,893

5,722

5,594

5,525

4,908

4,205

4,730

Onboard and other revenues
Total revenues

3,093

2,701

2,464

2,347

2,240

2,180

2,237

2,093

2,011

1,843

1,684

1,802

Total cruise operating expenses

639

537

495

493

553

582

568

529

535

480

457

458

Commissions, transportation and other
Total cruise operating expenses

1,656

1,433

1,363

1,349

1,400

1,372

1,314

1,289

1,299

1,175

1,028

1,192

Payroll and related
Total cruise operating expenses

1,079

924

852

882

861

847

841

828

825

767

681

657

Food
Total cruise operating expenses

583

520

492

485

480

478

469

449

424

388

345

342

Fuel
Total cruise operating expenses

697

710

681

713

795

947

924

909

764

646

600

722

Other operating
Total cruise operating expenses

1,405

1,134

1,010

1,090

1,007

1,077

1,186

1,151

1,092

999

957

1,030