For 2020

What is the Earnings per share?

What is the Price-earnings ratio?

Debt-equity ratio?

Return on Equity?

CONSOLIDATED STATEMENTS OF INCOME (LOSS) (in millions, except per share data) Years Ended November 30, 2019 2020 2018 Revenues Passenger ticket Onboard and other $ 3,684 $ 1,910 5,595 14,104 $ 6,721 20,825 13,930 4,950 18,881 1,139 2,590 605 638 Operating costs and Expenses Commissions, transportation and other Onboard and other Payroll and related Fuel Food Ship and other impairments Other operating 1,780 823 413 1,967 1,518 8,245 1,878 2,241 2,096 14,460 (8,865) 2,720 2,101 2,249 1,562 1,083 26 3,167 12,909 2,480 2,160 2,190 1,619 1,066 16 2,971 11,089 2,450 2,017 Selling and administrative Depreciation and amortization Goodwill impairments 17,549 3,276 15,556 3,325 23 Operating Income (Loss) Nonoperating Income (Expense) Interest income Interest expense, net of capitalized interest Gains on fuel derivatives, net Other income (expense), net 18 (895) (206) (511) (1,388) (10,253) 17 (10,236) $ (32) (215) 3,060 (71) 2,990 $ 14 (194) 59 3 (118) 3,207 (54) 3,152 $ Income (Loss) Before Income Taxes Income Tax Benefit (Expense), Net Net Income (Loss) Earnings Per Share Basic Diluted $ 4.34 ull $ 4.45 (13.20) $ (13.20) $ $ 4.32 $ 4.44 The accompanying notes are an integral part of these consolidated financial statements. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) in millions) Years Ended November 30, 2020 2019 (10,236) $ 2,990 $ 2018 3,152 $ Net Income (Loss) Items Included in Other Comprehensive Income (Loss) Change in foreign currency translation adjustment Other Other Comprehensive Income (Loss) Total Comprehensive Income (Loss) The accompanying notes are an integral part of these consolidated financial statements. 578 51 630 (9,606) $ (86) (31) (117) 2,873 $ (199) 32 (167) 2,986 $ CONSOLIDATED BALANCE SHEETS (in millions, except par values) November 30, 2020 2019 $ ASSETS Current Assets Cash and cash equivalents Trade and other receivables, net Inventories Prepaid expenses and other Total current assets Property and Equipment, Net Operating Lease Right-of-Use Assets (a) Goodwill Other Intangibles Other Assets 9,513 $ 273 335 443 10,563 38,073 1,370 807 1,186 1,594 53,593 $ 518 444 427 671 2,059 38,131 2,912 1,174 783 45,058 $ $ 231 1,596 LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities Short-term borrowings Current portion of long-term debt Current portion of operating lease liabilities (a) Accounts payable Accrued liabilities and other Customer deposits Total current liabilities Long-Term Debt Long-Term Operating Lease Liabilities (a) Other Long-Term Liabilities Commitments and Contingencies Shareholders' Equity Common stock of Carnival Corporation, $0.01 par value: 1,960 shares authorized; 1,060 shares at 2020 and 657 shares at 2019 issued Ordinary shares of Carnival plc, $1.66 par value; 217 shares at 2020 and 2019 issued Additional paid-in capital Retained earnings Accumulated other comprehensive income (loss) (AOCI") Treasury stock, 130 shares at 2020 and 2019 of Carnival Corporation and 60 shares at 2020 and 2019 of Carnival plc, at cost Total shareholders' equity 3,084 $ 1,742 151 624 1,144 1,940 8,686 22,130 1,273 949 756 1,809 4,735 9,127 9,675 890 11 361 13,948 16,075 (1,436) 7 358 8,807 26,653 (2,066) (8,404) 20,555 53,593 (8,394) 25,365 45,058 $ $ a) We adopted the provisions of Leases on December 1, 2019. The accompanying notes are an integral part of these consolidated financial statements. CONSOLIDATED STATEMENTS OF INCOME (LOSS) (in millions, except per share data) Years Ended November 30, 2019 2020 2018 Revenues Passenger ticket Onboard and other $ 3,684 $ 1,910 5,595 14,104 $ 6,721 20,825 13,930 4,950 18,881 1,139 2,590 605 638 Operating costs and Expenses Commissions, transportation and other Onboard and other Payroll and related Fuel Food Ship and other impairments Other operating 1,780 823 413 1,967 1,518 8,245 1,878 2,241 2,096 14,460 (8,865) 2,720 2,101 2,249 1,562 1,083 26 3,167 12,909 2,480 2,160 2,190 1,619 1,066 16 2,971 11,089 2,450 2,017 Selling and administrative Depreciation and amortization Goodwill impairments 17,549 3,276 15,556 3,325 23 Operating Income (Loss) Nonoperating Income (Expense) Interest income Interest expense, net of capitalized interest Gains on fuel derivatives, net Other income (expense), net 18 (895) (206) (511) (1,388) (10,253) 17 (10,236) $ (32) (215) 3,060 (71) 2,990 $ 14 (194) 59 3 (118) 3,207 (54) 3,152 $ Income (Loss) Before Income Taxes Income Tax Benefit (Expense), Net Net Income (Loss) Earnings Per Share Basic Diluted $ 4.34 ull $ 4.45 (13.20) $ (13.20) $ $ 4.32 $ 4.44 The accompanying notes are an integral part of these consolidated financial statements. CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) in millions) Years Ended November 30, 2020 2019 (10,236) $ 2,990 $ 2018 3,152 $ Net Income (Loss) Items Included in Other Comprehensive Income (Loss) Change in foreign currency translation adjustment Other Other Comprehensive Income (Loss) Total Comprehensive Income (Loss) The accompanying notes are an integral part of these consolidated financial statements. 578 51 630 (9,606) $ (86) (31) (117) 2,873 $ (199) 32 (167) 2,986 $ CONSOLIDATED BALANCE SHEETS (in millions, except par values) November 30, 2020 2019 $ ASSETS Current Assets Cash and cash equivalents Trade and other receivables, net Inventories Prepaid expenses and other Total current assets Property and Equipment, Net Operating Lease Right-of-Use Assets (a) Goodwill Other Intangibles Other Assets 9,513 $ 273 335 443 10,563 38,073 1,370 807 1,186 1,594 53,593 $ 518 444 427 671 2,059 38,131 2,912 1,174 783 45,058 $ $ 231 1,596 LIABILITIES AND SHAREHOLDERS' EQUITY Current Liabilities Short-term borrowings Current portion of long-term debt Current portion of operating lease liabilities (a) Accounts payable Accrued liabilities and other Customer deposits Total current liabilities Long-Term Debt Long-Term Operating Lease Liabilities (a) Other Long-Term Liabilities Commitments and Contingencies Shareholders' Equity Common stock of Carnival Corporation, $0.01 par value: 1,960 shares authorized; 1,060 shares at 2020 and 657 shares at 2019 issued Ordinary shares of Carnival plc, $1.66 par value; 217 shares at 2020 and 2019 issued Additional paid-in capital Retained earnings Accumulated other comprehensive income (loss) (AOCI") Treasury stock, 130 shares at 2020 and 2019 of Carnival Corporation and 60 shares at 2020 and 2019 of Carnival plc, at cost Total shareholders' equity 3,084 $ 1,742 151 624 1,144 1,940 8,686 22,130 1,273 949 756 1,809 4,735 9,127 9,675 890 11 361 13,948 16,075 (1,436) 7 358 8,807 26,653 (2,066) (8,404) 20,555 53,593 (8,394) 25,365 45,058 $ $ a) We adopted the provisions of Leases on December 1, 2019. The accompanying notes are an integral part of these consolidated financial statements