Norwegian Cruise Line Holdings Ltd. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Income Tax Expense (Tables)

Income Tax Expense (Tables)

12 Months Ended

Dec. 31, 2012

Deferred Tax Assets and Liabilities

Deferred tax assets and liabilities that relate to these prior operations are comprised of the following (in thousands):


		December 31,
		2012				2011
Deferred tax assets:
Loss carryforwards		$	30,945			$	32,735
Shares in NCL Cruises Ltd.			81,715				64,618
Pension obligation			422				418
Other			113				140

			113,195				97,911
Valuation allowance			(113,195	)			(97,911	)

Total net deferred taxes		$	—			$	—