皇家加勒比邮轮公司 翻译.doc

皇家加勒比邮轮公司的报表超过预期效果和前期计划迈阿密,2011年1月27日/美通社-PR Newswire/皇家加勒比邮轮集团(NYSE: OSE; RCL)今天公布了超过预期的2010年第四季度和全年的盈余，并更新了其对2011年全年的预测。关键亮点：l 2010年第四季度： 净收入42.7百万美元或每股0.20美元与2009年净收入3.4百万美元或每股0.02美元相比。 气候条件、货币汇率等相关问题使每股收入减少0.03美元，但是较高的收益和成本控制大大的抵消了这一亏损。 净收益增加了3.2%（在通货稳定的基础上是4.2%）。排除极端的气候条件影响，通货稳定的净收益率就会增加4.7%。 每个邮轮的净成本（NCC）是平的（在通货稳定的基础上上升1.0%）。l 2010年全年： 净收益增加了4.2%（在通货稳定的基础上是4.4%）。 NCC下降了1.8%（在通货稳定的基础上下降了1.3%）。 不包含燃料费用的NCC 连续3年下降了1.6%。 净收入547.5百万美元或每股2.51美元与2009年净收入162.4百万美元或每股0.75美元。l 2011年展望： 预计全年净收益将提高4%-6%，第一季度为2%-3%。 不包含燃料费用的NCC全年和第一季度预计增加约2%。 基于目前的油价和货币汇率，预计2011年全年的每股收益在3.25美元和3.45美元之间，第一季度在0.10美元到0.15美元。董事长兼首席执行官Richard D. Fain说：“这些优秀的成果很好的反应出我们的船只由于可靠的品牌和不同的航线而被喜欢和接受，2011年WAVE有了一个好的开始，我们将以合理的定价恢复和记录财务绩效的表现来支持我们的早前的信心。”2010年第四季度的成果皇家加勒比邮轮集团今天公布相比2009年第四季度净收入3.4百万美元或每股0.02美元，2010年第四季度净收入42.7百万美元或每股0.20美元。由于容量的增加和产量的改善，相比2009年第四季度的15亿美元，2010年第四季度收入提高到16亿美元。2010年第四季度的净收益增加了3.2%（在通货稳定的基础上是4.2%）。在这最后一个季度，由于极端的气候条件影响了公司的航线，导致一些客人无法出港。根据前期计划，排除这些极端的气候条件影响，通货稳定的净收益率就会增加4.7%。2010年第四季度的成本被很好的控制了，因此在较小的程度上亏损被转移到2011年第一季度。NCC是平的，不包含燃料费用的NCC增加1.7%。不包括货币汇率的影响，相应的数字分别会增加1.0%和2.9%。在第四季度公司的能源消耗超过前期计划的344,000公吨。油价（包括公司套期保值计划的利益）前期以每公吨474美元计算。综合起来看，1/4的燃料支出大约4百万美元超过之前的计算。2010年全年的成果相比2009年全年净收入162.4百万美元或每股0.75美元，2010年全年净收入547.5百万美元或每股2.51美元。2010年全年的收入增长了15%，从2009年59亿美元变成68亿美元。不包含燃料费用的NCC 连续3年下降了1.6%。尽管市场价格有显著的增加，由于公司的套期保值计划，每公吨燃油价格493美元仅上涨1%。自从2005年起，公司已经降低了人均能源损耗的15%，2010年全年消耗了1,311,000公吨。2011年的展望公司的报告指出早前“WAVE时期”的预定令人鼓舞,负荷的载客率和平均每人的出差津贴已经超越了去年同期。在这个报告的基础上，公司希望全年的净收益将提高4%-6%，2011年第一季度为2%-3%。在通货稳定的基础上进行了预测，全年的净收益将增加4%-5%，2011年第一季度增加1%-2%。在通货稳定的基础上对不包含燃料费用的NCC进行了预测，2011年全年和第一季度将增加1%-2%。在这个报告的基础上，不包含燃料费用的NCC预期2011年全年和第一季度将上涨约2%。基于当前的油价和货币汇率，公司希望全年的每股收益将在3.25美元到3.45美元之间。执行副总裁兼首席财务官Brian J. Rice说：“本公司将继续把重点放在成本和提高其财务业绩上。当我们进入2011年，将结合定价能力来提高我们的品牌，这可以提供重要的收入机会。”对此计划，公司指出对于旅游业务越来越大的潜在作用，包括皇家名人旅游、Pullmantur商务旅游以及其他运营的收益和NCC指标。公司指出，与收入和费用相关的操作更倾向于挥发和捉摸比它的主要邮轮业务。因为这些商务旅游虽然是相对较低的利润不会影响最终成果，但是可以使得在金融统计收入和经营成本时产生波动。燃料费用公司没有预测油价和它的成本计算结果是基于当前油价套期保值的净影响。基于现在的燃料价格，公司计划分别在2011年第一季度花费燃料费168百万美元，在2011年全年花费燃料费705百万美元。公司将继续把重点放在旅行团的运作和管理效率上。因此，在2011年，每个可用的乘客乘坐邮轮天数预计燃油消耗将进一步下降6%。简要的提出计划公司对2011年第一季度和全年进行了估计。燃料统计2011年第一季度2011年全年耗油量326,000 公吨1,322,000公吨燃料费用168百万美元705百万美元套期百分比（前期消耗）63%58%油价改变10%的影响7百万美元28百万美元计划估计2011年第一季度报告通货稳定净收益2% - 3%1% - 2%每个可用的乘客乘坐邮轮天数的净成本大约1%大约1%每个可用的乘客乘坐邮轮天数的净成本，不含燃油费大约 2%1% - 2%2011年全年报告通货稳定净收益4% - 6%4% - 5%每个可用的乘客乘坐邮轮天数的净成本大约2%1% - 2%每个可用的乘客乘坐邮轮天数的净成本，不含燃油费大约2%1% - 2%2011年第一季度2011年全年每股收益0.10美元-0.15美元3.25美元-3.45美元地位增长10.2%7.4%折旧和摊销170-175百万美元695-715百万美元 利息费用，净利80-85百万美元305-325百万美元预测适用的外汇汇率计算欧元/美元1.371.37英镑/美元1.591.59财务状况非公认会计原则的测量皇家加勒比邮轮集团业务合并财务报表(未稽核的, 以千计算, 除了每股资料)季度财务年度财务12月31日12月31日2009 2010 2009 客票收入$1,146,108 $1,029,236 $4,908,644 $4,205,709 机载和其他收入458,390 422,431 1,843,860 1,684,117 总收入1,604,498 1,451,667 6,752,504 5,889,826 邮轮营业费用：佣金,运输和其他285,566 256,517 1,175,522 1,028,867 机载和其他105,615 109,436 480,564 457,772 薪金总额及相关202,474 176,476 767,586 681,852 食物101,739 90,562 388,205 345,272 燃料163,155 162,586 646,998 600,203 其他操作248,440 241,668 999,201 957,136 总的邮轮营业费用1,106,989 1,037,245 4,458,076 4,071,102 市场、营销、行政费用211,936 185,655 848,079 761,999 折旧和摊销费用163,878 146,412 643,716 568,214 营业收入121,695 82,355 802,633 488,511 其他收入(费用)：利息收入4,696 1,902 9,243 7,016 利息费用，净利息资本化(89,129)(78,311)(339,393)(300,012)其他收入(费用)5,445 (2,593)74,984 (33,094)(78,988)(79,002)(255,166)(326,090)净收入$42,707 $3,353 $547,467 $162,421 每股收益：基本$0.20 $0.02 $2.55 $0.76 稀释$0.20 $0.02 $2.51 $0.75 加权平均流通股：基本215,581 213,925 215,026 213,809 稀释218,742 216,386 217,711 215,295 统计季度财务年度财务12月31日12月31日2010 2009 2010 2009 运载乘客1,155,648 1,012,059 4,585,920 3,970,278 乘客乘坐邮轮天数8,193,130 7,397,151 32,251,217 28,503,046 可用的乘客乘坐邮轮天数7,943,782 7,335,032 30,911,073 27,821,224 占用率103.1%100.8%104.3%102.5%皇家加勒比邮轮集团合并资产负债表(以千计算, 除了每股资料)自起12月31日12月31日20102009(未稽核的)资产流动资产现金和现金等价物$ 419,929$ 284,619交易和其他应收款，净利266,710338,804存货126,797107,877待摊费用和其他资产145,144180,997衍生金融工具56,491114,094流动资产总额1,015,0711,026,391所有权和设备，净利16,769,18115,268,053商誉759,328792,373营业外资产1,151,3241,146,677$ 19,694,904$ 18,233,494负债和股东权益流动负债当前部分的长期负债$ 1,198,929$ 756,215应付账款249,047264,554待付利息160,906147,547预提费用和其他负债552,543521,190客户存款1,283,0731,059,524流动负债合计3,444,4982,749,030长期负债7,951,1877,663,555其他长期负债356,717321,192承诺和不可预见费股东权益优先股（票面价值0.01美元； 授权股票20,000,000；没有未偿贷款）-普通股（票面价值0.01美元；授权股票500,000,000；2010年12月31日已发行股票，2009年12月31日已发行股票211,731） 2,262 2,243实收资本3,027,1302,973,495留存收益5,301,7484,754,950累积的其他综合收益25,066182,733库存股票（2010年12月31日、2009年12月31日，普通股票按取得时的实际成本10,308,683）(413,704)(413,704)股东权益合计7,942,5027,499,717$ 19,694,904$ 18,233,494皇家加勒比邮轮集团现金流量表合并财务报表(以千计算)年度财务 12月31日20102009(未稽核的)经营活动净收入 $ 547,467$ 162,421调整：折旧和摊销643,716568,214转换经营资产和负债：交易中的减少（增加）和其他应收款，净利146,498(3,633)库存的增加(20,274)(11,295)增加待摊费用和其他资产(10,954)(3,085)增加(减少)应付账款(15,507)16,424增加应计利息13,35918,668增加预提费用和其他负债72,16115,391客户存款增加135,97532,038衍生金融工具结算现金收入172,993-其他，净利(22,415)49,738通过经营活动提供现金支付1,663,019844,881投资活动购买物业和设备 (2,187,189)(2,477,549)衍生金融工具结算收到（已支付的）现金(91,325)110,830给子公司的贷款和权益-(181,683)拍卖精致邮轮银河号的收益-290,928其他，净利(9,404)(16,983)用于投资活动的净现金(2,287,918)(2,274,457)融资活动发行收益负债2,420,2622,317,158债券发行成本(90,782)(61,157)偿还负债(1,600,265)(948,467)期权有效期内普通股票期权的收益26,158569其他，净利1,5874,103筹资活动产生的现金756,9601,312,206汇率变化产生的现金3,249(889)现金及现金等价物净增加（减少）额135,310(118,259)期初现金及现金等值物284,619402,878期末现金及现金等值物$ 419,929$ 284,619附加信息期间内现金支付：产权，净利的资本化合计$ 297,477$ 288,458皇家加勒比邮轮集团非公认会计原则协调信息(未稽核的)总收益和净收益率计算方式如下(以千计算,除了可用的乘客乘坐邮轮天数和收益率)：季度财务年度财务12月31日12月31日2010 在2010年通货稳定的基础上2009 2010 在2010年通货稳定的基础上2009 客票收入$1,146,108$1,158,891$1,029,236$4,908,644$4,921,935$4,205,709机载和其他收入458,390464,761422,4311,843,8601,858,0031,684,117营业收入总额1,604,4981,623,6521,451,6676,752,5046,779,9385,889,826减去：佣金,运输和其他285,566290,226256,5171,175,5221,182,9711,028,867机载和其他105,615108,096109,436480,564489,436457,772净收入$1,213,317$1,225,330$1,085,714$5,096,418$5,107,531$4,403,187可用的乘客乘坐邮轮天数7,943,7827,943,7827,335,03230,911,07330,911,07327,821,224总收益$201.98$204.39$197.91$218.45$219.34$211.70净收益$152.74$154.25$148.02$164.87$165.23$158.27邮轮总成本和邮轮净成本计算方式如下（以千计算，除了可用的乘客乘坐邮轮天数和每个可用的乘客乘坐邮轮天数的费用）：季度财务年度财务12月31日12月31日2010 在2010年通货稳定的基础上2009 2010 在2010年通货稳定的基础上2009 邮轮总营业费用$1,106,989 $1,121,334 $1,037,245 $4,458,076 $4,493,014 $4,071,102 市场、营销、行政费用211,936 214,131 185,655 848,079 850,201 761,999 邮轮总成本1,318,925 1,335,465 1,222,900 5,306,155 5,343,215 4,833,101 减去：佣金,运输和其他285,566 290,226 256,517 1,175,522 1,182,971 1,028,867 机载和其他105,615 108,096 109,436 480,564 489,436 457,772 邮轮净成本$927,744 $937,143 $856,947 $3,650,069 $3,670,808 $3,346,462 可用的乘客乘坐邮轮天数7,943,782 7,943,782 7,335,032 30,911,073 30,911,073 27,821,224 每个可用的乘客乘坐邮轮天数的总成本$166.03 $168.11 $166.72 $171.66 $172.86 $173.72 每个可用的乘客乘坐邮轮天数的净成本$116.79 $117.97 $116.83 $118.08 $118.75 $120.28 资本净负债的计算方式如下（以千计算）：自起12月31日12月31日2010 2009 长期负债，当前部分的净收入 $7,951,187 $7,663,555 当前部分的长期负债1,198,929 756,215 负债总和9,150,116 8,419,770 减去：现金和现金等价物419,929 284,619 负债净额 $8,730,187 $8,135,151 股东权益总和$7,942,502 $7,499,717 负债总和9,150,116 8,419,770 负债和股东权益的总和17,092,618 15,919,487 债务资本53.5%52.9%负债净额8,730,187 8,135,151 负债净额和股东权益$16,672,689 $15,634,868 债务净资本52.4%52.0%资料来源：皇家加勒比邮轮集团【附原文】Royal Caribbean Reports Better Than Expected Results and Forward GuidanceMIAMI, Jan. 27, 2011 /PRNewswire via COMTEX/ - Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) today announced better than expected fourth quarter and full year 2010 results and provided earnings guidance for 2011. Key Highlights For the Fourth Quarter 2010: o Net income was $42.7 million, or $0.20 per share versus $3.4 million, or $0.02 per share in 2009; o Weather and currency related issues reduced earnings by $0.03 per share, but were more than offset by higher revenues and cost containment; o Net Yields increased 3.2%, (4.2% on a Constant Currency basis). Absent extreme weather conditions, constant currency Net Yields would have increased 4.7%; o Net Cruise Costs per APCD (NCC) were flat, (up 1.0% on a Constant Currency basis). For the Full Year 2010: o Net Yields increased 4.2% (4.4% on a Constant Currency basis); o NCC declined 1.8% (down 1.3% on a Constant Currency basis); o NCC excluding fuel declined for the third year in a row and were down 1.6%; o Net income was $547.5 million, or $2.51 per share versus $162.4 million, or $0.75 per share in 2009. 2011 Guidance: o Net Yields are expected to improve 4% to 6% for the full year and 2% to 3% in the first quarter; o NCC excluding fuel are expected to increase approximately 2% for the full year and the first quarter; o EPS is expected to be between $3.25 and $3.45 for the full year and $0.10 to $0.15 for the first quarter of 2011, based on current fuel prices and currency exchange rates. These improved results reflect the strong reception our new ships have received along with the solid branding our different cruise brands have enjoyed, said Richard D. Fain, chairman and chief executive officer. Fain continued, WAVE is off to a solid start and supports our earlier confidence in meaningful pricing recovery and record financial performance in 2011. Fourth Quarter 2010 ResultsRoyal Caribbean Cruises Ltd. today announced net income for the fourth quarter 2010 of $42.7 million, or $0.20 per share, compared to net income of $3.4 million, or $0.02 per share, in the fourth quarter of 2009. Revenues improved to $1.6 billion in the fourth quarter of 2010 compared to $1.5 billion in the fourth quarter of 2009 as a result of capacity increases and yield improvements. Net Yields for the fourth quarter of 2010 increased 3.2% (4.2% on a Constant Currency basis). During this last quarter, extreme weather conditions impacted some of the companys voyages and impaired some of its guests ability to make their departures. Absent these weather disruptions, Net Yields on a Constant Currency basis would have increased 4.7%, in line with previous guidance. Costs in the fourth quarter of 2010 were well controlled and to a lesser extent some timing shifts to the first quarter of 2011 occurred. NCC were flat, and NCC excluding fuel increased 1.7%. Excluding currency impacts, the comparable figures would have been increases of 1.0% and 2.9%, respectively. The companys energy consumption efforts were also better than previous guidance with usage of 344,000 metric tons during the fourth quarter. At-the-pump pricing (including the benefit of the companys hedging program) was in line with earlier calculations at $474 per metric ton. Taken together, the quarters fuel expenditures were approximately $4 million better than previous calculations. Full Year 2010 ResultsNet income for the full year 2010 was $547.5 million, or $2.51 per share, compared to net income of $162.4 million, or $0.75 per share, for the full year 2009. Revenues for the full year 2010 increased 15% to $6.8 billion from revenues of $5.9 billion for the full year 2009. Net cruise costs excluding fuel declined for the third year in a row and were down 1.6%. Despite significant market price increases, fuel costs per metric ton increased only 1% to $493 as a result of the companys hedging program. Since 2005, the company has reduced energy consumption per APCD by 15% and full year 2010 consumption was 1,311,000 metric tons. 2011 OutlookThe company reported that early WAVE season bookings have been encouraging and booked load factors and average per diems are ahead of same time last year. On an as reported basis, the company expects net yields to increase between 4% and 6% for the full year and 2% to 3% for the first quarter of 2011. On a Constant Currency basis, Net Yields are forecasted to be up between 4% and 5% for the full year and to increase 1% to 2% in the first quarter of 2011. On a Constant Currency basis, NCC excluding fuel are forecasted to be up 1% to 2% for the full year and the first quarter of 2011. On an as reported basis, NCC excluding fuel are expected to be up approximately 2% for the full year and the first quarter of 2011. Based upon the above and current fuel prices and currency exchange rates, the company expects full year EPS will be between $3.25 and $3.45 per share. Our company continues to focus on costs and improving its financial performance, said Brian J. Rice, executive vice president and chief financial officer. This focus, combined with the improving pricing power of our brands should generate significant earnings opportunities as we move into 2011 and beyond. In commenting on its guidance, the company noted the potential for an increasing role of its tour operations which include Royal Celebrity Tours, Pullmanturs tour businesses and other operations on its yield and net cruise costs metrics. The company noted that revenues and expenses associated with such operations tend to be more volatile and less predictable than its main cruise businesses. Because these tour businesses have relatively low margins, this volatility has little impact on bottom line results but can cause fluctuations in the financial statistics for revenues and operating costs. Fuel ExpenseThe company does not forecast fuel prices and its cost calculations are based on current at-the-pump prices net of hedging impacts. Based on todays fuel prices the company has included $168 million and $705 million of fuel expense in its first quarter 2011 and full year 2011 guidance, respectively. The company continues to focus on managing its operations and itineraries more efficiently. As a result, forecasted fuel consumption per APCD is down a further 6% for 2011. Forward Guidance SummaryThe company provided the following estimates for the first quarter and full year 2011. Fuel StatisticsFirst Quarter 2011Full Year 2011Fuel Consumption326,000 mt1,322,000 mtFuel Expenses$168 Million$705 MillionPercent Hedged (forward consumption)63%58%Impact of 10% change in fuel prices$7 Million$28 MillionGuidance EstimatesFirst Quarter 2011ReportedConstant CurrencyNet Yields2% to 3%1% to 2%Net Cruise Costs per APCDApprox. 1%Approx. 1%Net Cruise Costs per APCD, excluding FuelApprox. 2%1% to 2%Full Year 2011ReportedConstant CurrencyNet Yields4% to 6%4% to 5%Net Cruise Costs per APCDApprox. 2%1% to 2%Net Cruise Costs per APCD, excluding FuelApprox. 2%1% to 2%First Quarter 2011Full Year 2011EPS$0.10 to $0.15$3.25 to $3.45Capacity Increase10.2%7.4%Depreciation and Amortization$170 to $175 Million$695 to $715 MillionInterest Expense, net$80 to $85 Million$305 to 325 MillionExchange rates used in forecast calculationsEUR / USD1.371.37GBP / USD1.591.59Non-GAAP Measures of Financial PerformanceROYAL CARIBBEAN CRUISES LTD.CONSOLIDATED STATEMENTS OF OPERATIONS(unaudited, in thousands, except per share data)Quarter EndedYear EndedDecember 31,December 31,2010 2009 2010 2009 Passenger ticket revenues$1,146,108 $1,029,236 $4,908,644 $4,205,709 Onboard and other revenues458,390 422,431 1,843,860 1,684,117 Total revenues1,604,498 1,451,667 6,752,504 5,889,826 Cruise operating expenses:Commissions, transportation and other285,566 256,517 1,175,522 1,028,867 Onboard and other105,615 109,436 480,564 457,772 Payroll and related202,474 176,476 767,586 681,852 Food101,739 90,562 388,205 345,272 Fuel163,155 162,586 646,998 600,203 Other operating248,440 241,668 999,201 957,136 Total cruise operating expenses1,106,989 1,037,245 4,458,076 4,071,102 Marketing, selling and administrative expens