|
Condensed Financial Information of the Registrant (Tables)
|
12 Months Ended |
|
Dec. 31, 2012
|
| Condensed Statements of Operations |
Norwegian Cruise Line
Holdings Ltd.
CONDENSED STATEMENTS OF
OPERATIONS
(in thousands, except
share and per share data)
|
|
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|
|
|
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|
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|
Years Ended December
31, |
|
| |
|
2012 |
|
|
2011 |
|
|
2010 |
|
|
Non-operating income
(expense)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equity in
earnings of subsidiaries
|
|
$ |
168,556 |
|
|
$ |
126,859 |
|
|
$ |
22,986 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total non-operating income
(expense)
|
|
|
168,556 |
|
|
|
126,859 |
|
|
|
22,986 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income
|
|
$ |
168,556 |
|
|
$ |
126,859 |
|
|
$ |
22,986 |
|
|
|
|
|
|
|
|
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|
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Earnings per
share
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic
|
|
$ |
0.95 |
|
|
$ |
0.71 |
|
|
$ |
0.13 |
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Diluted
|
|
$ |
0.94 |
|
|
$ |
0.71 |
|
|
$ |
0.13 |
|
|
|
|
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|
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Weighted-average shares
outstanding
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic
|
|
|
178,232,850 |
|
|
|
177,869,461 |
|
|
|
177,563,047 |
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Diluted
|
|
|
179,023,683 |
|
|
|
178,859,720 |
|
|
|
178,461,210 |
|
|
|
|
|
|
|
|
|
|
|
|
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Comprehensive
income
|
|
|
|
|
|
|
|
|
|
|
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Net income
|
|
$ |
168,556 |
|
|
$ |
126,859 |
|
|
$ |
22,986 |
|
|
Total other comprehensive
income (loss)
|
|
|
2,175 |
|
|
|
(24,103 |
) |
|
|
2,010 |
|
|
|
|
|
|
|
|
|
|
|
|
|
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Total other comprehensive
income
|
|
$ |
170,731 |
|
|
$ |
102,756 |
|
|
$ |
24,996 |
|
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|
| Condensed Balance Sheets |
Norwegian Cruise Line
Holdings Ltd.
CONDENSED BALANCE
SHEETS
(in thousands, except
for share data)
|
|
|
|
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| |
|
December
31, |
|
|
|
|
2012 |
|
|
2011 |
|
|
Assets
|
|
|
|
|
|
|
|
|
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Deferred assets
|
|
$ |
5,943 |
|
|
$ |
3,680 |
|
|
Investment in
subsidiaries
|
|
|
2,010,318 |
|
|
|
1,836,657 |
|
|
|
|
|
|
|
|
|
|
|
Total assets
|
|
$ |
2,016,261 |
|
|
$ |
1,840,337 |
|
|
|
|
|
|
|
|
|
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Liabilities and
Shareholders’ Equity
|
|
|
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Liabilities:
|
|
|
|
|
|
|
|
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Due to
NCLC
|
|
$ |
5,943 |
|
|
$ |
3,680 |
|
|
|
|
|
|
|
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|
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Total
liabilities
|
|
$ |
5,943 |
|
|
$ |
3,680 |
|
|
|
|
|
|
|
|
|
|
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Shareholders’
equity:
|
|
|
|
|
|
|
|
|
|
Ordinary shares, $.0012 par
value; 40,000,000 shares authorized; 21,000,000 shares issued and
outstanding
|
|
|
25 |
|
|
|
25 |
|
|
Additional paid-in
capital
|
|
|
2,327,097 |
|
|
|
2,324,167 |
|
|
Accumulated other
comprehensive income (loss)
|
|
|
(17,619 |
) |
|
|
(19,794 |
) |
|
Retained earnings
(deficit)
|
|
|
(299,185 |
) |
|
|
(467,741 |
) |
|
|
|
|
|
|
|
|
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|
Total shareholders’
equity
|
|
|
2,010,318 |
|
|
|
1,836,657 |
|
|
|
|
|
|
|
|
|
|
|
Total liabilities and
shareholders’ equity
|
|
$ |
2,016,261 |
|
|
$ |
1,840,337 |
|
|
|
|
|
|
|
|
|
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|
| Condensed Statements of Cash Flows |
Norwegian Cruise Line
Holdings Ltd.
CONDENSED STATEMENTS OF
CASH FLOWS
(in
thousands)
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Year Ended December
31, |
|
|
|
|
2012 |
|
|
2011 |
|
|
2010 |
|
|
Cash flows from
operating activities
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income
|
|
$ |
168,556 |
|
|
$ |
126,859 |
|
|
$ |
22,986 |
|
|
Adjustments to reconcile
net income to net cash provided by operating activities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equity in earnings of
subsidiaries
|
|
|
(168,556 |
) |
|
|
(126,859 |
) |
|
|
(22,986 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
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|
Cash flows from operating
activities
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
Net increase (decrease) in
cash and cash equivalents
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
Cash and cash equivalents
at beginning of year
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
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|
|
|
|
|
|
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|
Cash and cash equivalents
at end of year
|
|
$ |
— |
|
|
$ |
— |
|
|
$ |
— |
|
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