Norwegian Cruise Line Holdings Ltd. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Schedule II Valuation and Qualifying Accounts

Schedule II Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2023

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Schedule II Valuation and Qualifying Accounts

Norwegian Cruise Line Holdings Ltd.

Schedule II Valuation and Qualifying Accounts (in thousands)


			Additions
			Charged to		Charged to
	Balance		costs and		other				Balance
Description	12/31/20		expenses		accounts (a)		Deductions (b)		12/31/21

Valuation allowance on deferred tax assets	$	42,876	$	—	$	45,163	$	(190)	$	87,849


			Charged to		Charged to
	Balance		costs and		other				Balance
Description	12/31/21		expenses		accounts (a)		Deductions (b)		12/31/22

Valuation allowance on deferred tax assets	$	87,849	$	—	$	52,219	$	(335)	$	139,733


			Charged to		Charged to
	Balance		costs and		other				Balance
Description	12/31/22		expenses		accounts (a)		Deductions (b)		12/31/23

Valuation allowance on deferred tax assets	$	139,733	$	—	$	561,693	$	(6,661)	$	694,765

(a)

Amount relates to a valuation allowance on net U.S. and Bermuda deferred tax assets.

(b)

Amount relates to (i) utilization of deferred tax assets, (ii) revaluation of deferred tax assets from their functional currency to U.S. dollars and (iii) reversal of valuation allowances.