| For Royal Caribbean do the following: |
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Obtain the fiscal 2021 annual report at: |
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https://app.quotemedia.com/data/downloadFiling?webmasterId=101533&ref=116506312&type=PDF&symbol=RCL&companyName=Royal+Caribbean+Group&formType=10-K&dateFiled=2022-03-01&CK=884887 |
| I. FINANCIAL STATEMENT REVIEW |
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Provide the following for the 2021 fiscal year from the Financial Statements (Item 8 of the Annual Report) in the blue box provided. Answers may be found on face of the financial statements or on footnotes |
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How much was Revenues? |
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$$ |
% of Total |
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From Ticket sales |
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What % of Sales was from International? |
From Onboard and other |
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Total |
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How much was Property and Equipment, net |
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Detail the P&E balance: |
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Note 6 |
Note 1, P&E section |
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Categories |
Gross Asset Balance |
Useful Life |
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Total |
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Related to Accumulated Depreciation |
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AD balance (Note 7) |
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% of P&E assets depreciated |
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Do not include the balance in Ships under Construction when calculating this % |
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Related to depreciation method (Note 1) |
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What depreciation method does Royal use ? |
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What percentage residual value is assigned to the ships? |
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Generally, what is useful life based on? |
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Calculate Asset Turnover Ratio for 2019. Use 2019 Revenues. Refer to 2019 BS on next sheet. |
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Formula |
Amounts |
Answer |
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E.g. A – B = C |
100 – 70 |
30 |
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Detail the Intangible balance: |
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Categories |
Net Carrying Value |
Remaining Life |
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Goodwill (Balance Sheet) |
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Enter other here (from Note 5) |
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Enter other here (from Note 5) |
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Enter other here (from Note 5) |
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Enter other here (from Note 5) |
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Total |
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Goodwill (Note 4) |
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How much in goodwill impairment charge did the Company record for Silverseas in 2021? |
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How much was the goodwill recorded for Silverseas at the end of 2019? |
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What percentage of goodwill was impaired? |
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Anything else interesting reported about fixed or intangible assets in the Financial Statements Item 8? |
| II. MANAGEMENT'S DISCUSSION AND REVIEW (MD&A) ANALYSIS |
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Enter the answers to the following from the MD&A (Item 7 of the Annual Report) in the blue box provided. |
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Under Results of Operations section, by how much did revenues decrease from 2020 to 2021 and why? |
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Under the Future Capital Commitments section, what is the the aggregate cost of the ships on order? |
