CARNIVAL PLC
For the period ended Nov 30, 2023. Filed Jan 26, 2024.
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FY2023 · Filed Jan 26, 2024
CCL$30.74-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONSOLIDATED STATEMENTS OF CASH FLOWS
| Years Ended November 30, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| OPERATING ACTIVITIES | |||
| Net income (loss) | $(74) | $(6,093) | $(9,501) |
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | |||
| Depreciation and amortization | 2,370 | 2,275 | 2,233 |
| Impairments | 21 | 470 | 834 |
| (Gain) loss on debt extinguishment | 98 | 1 | 668 |
| (Income) loss from equity-method investments | 13 | 38 | 129 |
| Share-based compensation | 53 | 101 | 121 |
| Amortization of discounts and debt issue costs | 161 | 171 | 172 |
| Noncash lease expense | 145 | 148 | 140 |
| (Gain) loss on sales of ships | (88) | (7) | (11) |
| Other | 56 | 65 | 149 |
| 2,756 | (2,832) | (5,067) | |
| Changes in operating assets and liabilities | |||
| Receivables | (180) | (171) | (7) |
| Inventories | (85) | (95) | (63) |
| Prepaid expenses and other assets | 397 | (874) | (1,070) |
| Accounts payable | 77 | 283 | 206 |
| Accrued liabilities and other | 147 | 341 | 601 |
| Customer deposits | 1,169 | 1,679 | 1,291 |
| Net cash provided by (used in) operating activities | 4,281 | (1,670) | (4,109) |
| INVESTING ACTIVITIES | |||
| Purchases of property and equipment | (3,284) | (4,940) | (3,607) |
| Proceeds from sales of ships and other property and equipment | 340 | 70 | 351 |
| Purchase of minority interest | — | (1) | (90) |
| Purchase of short-term investments | — | (315) | (2,873) |
| Proceeds from maturity of short-term investments | — | 515 | 2,673 |
| Other | 134 | (96) | 3 |
| Net cash provided by (used in) investing activities | (2,810) | (4,767) | (3,543) |
| FINANCING ACTIVITIES | |||
| Repayments of short-term borrowings | (200) | (2,590) | (293) |
| Principal repayments of long-term debt | (7,660) | (2,075) | (5,956) |
| Debt issuance costs | (131) | (153) | (319) |
| Debt extinguishment costs | (79) | (1) | (545) |
| Proceeds from issuance of long-term debt | 2,961 | 7,209 | 13,042 |
| Proceeds from issuance of common stock | 5 | 1,180 | 1,009 |
| Proceeds from issuance of common stock under the Stock Swap Program | 22 | 95 | 206 |
| Purchase of treasury stock under the Stock Swap Program | (20) | (87) | (188) |
| Other | 13 | (1) | (7) |
| Net cash provided by (used in) financing activities | (5,089) | 3,577 | 6,949 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | 17 | (79) | (13) |
| Net increase (decrease) in cash, cash equivalents and restricted cash | (3,601) | (2,940) | (715) |
| Cash, cash equivalents and restricted cash at beginning of year | 6,037 | 8,976 | 9,692 |
| Cash, cash equivalents and restricted cash at end of year | $2,436 | $6,037 | $8,976 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.