RCL » Topics » Note 6. Commitments and Contingencies

This excerpt taken from the RCL 10-Q filed Apr 23, 2009.

Note 6. Commitments and Contingencies

Capital Expenditures As of March 31, 2009, the expected dates our ships on order will enter service and their planned berths are as follows:




Expected to

Enter Service


Royal Caribbean International:




Oasis of the Seas

   4th Quarter 2009    5,400

Allure of the Seas

   4th Quarter 2010    5,400

Celebrity Cruises:




Celebrity Equinox

   3rd Quarter 2009    2,850

Celebrity Eclipse

   2nd Quarter 2010    2,850


   3rd Quarter 2011    2,850


   4th Quarter 2012    2,850
   Total Berths    22,200

The anticipated aggregate cost of these ships is approximately $6.5 billion, of which we have deposited $669.2 million as of March 31, 2009. Approximately 9.0% of the aggregate cost was exposed to fluctuations in the euro exchange rate at March 31, 2009. As of March 31, 2009, we anticipated overall capital expenditures, including the six ships on order, will be approximately $2.1 billion for 2009, $2.2 billion for 2010, $1.0 billion for 2011, and $1.0 billion for 2012.



Table of Contents
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki