CARNIVAL CORP
For the period ended Nov 30, 2024. Filed Jan 27, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Jan 27, 2025
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, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| OPERATING ACTIVITIES | |||
| Net income (loss) | $1,916 | $(74) | $(6,093) |
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities | |||
| Depreciation and amortization | 2,557 | 2,370 | 2,275 |
| Impairments | — | 21 | 470 |
| (Gain) loss on debt extinguishment | 76 | 98 | 1 |
| (Income) loss from equity-method investments | (9) | 13 | 38 |
| Share-based compensation | 62 | 53 | 101 |
| Amortization of discounts and debt issue costs | 141 | 161 | 171 |
| Non-cash lease expense | 142 | 145 | 148 |
| Gain on sales of ships | (41) | (88) | (7) |
| Greenhouse gas regulatory expense | 46 | — | — |
| Other | 71 | 56 | 65 |
| 4,963 | 2,756 | (2,832) | |
| Changes in operating assets and liabilities | |||
| Receivables | (49) | (180) | (171) |
| Inventories | 9 | (85) | (95) |
| Prepaid expenses and other assets | 352 | 397 | (874) |
| Accounts payable | (26) | 77 | 283 |
| Accrued liabilities and other | 167 | 147 | 341 |
| Customer deposits | 507 | 1,169 | 1,679 |
| Net cash provided by (used in) operating activities | 5,923 | 4,281 | (1,670) |
| INVESTING ACTIVITIES | |||
| Purchases of property and equipment | (4,626) | (3,284) | (4,940) |
| Proceeds from sales of ships and other property and equipment | 58 | 340 | 70 |
| Purchase of short-term investments | — | — | (315) |
| Proceeds from maturity of short-term investments | — | — | 515 |
| Other | 34 | 134 | (97) |
| Net cash provided by (used in) investing activities | (4,535) | (2,810) | (4,767) |
| FINANCING ACTIVITIES | |||
| Repayments of short-term borrowings | — | (200) | (2,590) |
| Principal repayments of long-term debt | (5,436) | (7,660) | (2,075) |
| Debt issuance costs | (203) | (131) | (153) |
| Debt extinguishment costs | (41) | (79) | (1) |
| Proceeds from issuance of long-term debt | 3,095 | 2,961 | 7,209 |
| Proceeds from issuance of common stock | — | 5 | 1,180 |
| Proceeds from issuance of common stock under the Stock Swap Program | — | 22 | 95 |
| Purchase of treasury stock under the Stock Swap Program | — | (20) | (87) |
| Other | 1 | 13 | (1) |
| Net cash provided by (used in) financing activities | (2,584) | (5,089) | 3,577 |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | (8) | 17 | (79) |
| Net increase (decrease) in cash, cash equivalents and restricted cash | (1,204) | (3,601) | (2,940) |
| Cash, cash equivalents and restricted cash at beginning of year | 2,436 | 6,037 | 8,976 |
| Cash, cash equivalents and restricted cash at end of year | $1,231 | $2,436 | $6,037 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.