AGILITY REAL ESTATE INC. Group revenue on as reported basis for December 2014 vs. December 2013.
Thunderbird Resorts Inc. - Group-wide sales results by country - as reported (unaudited, in millions) (1) | December 2014 | December 2013 | Year-over-year increase/(decrease) |
Peru(2) | $2.53 | $3.00 | -15.67% |
Costa Rica(3) | 1.27 | 1.33 | -4.51% |
Nicaragua | 1.21 | 1.31 | -7.63% |
Total Consolidated Operating Revenues | $5.01 | $5.64 | -11.17% |
Group revenue on a currency neutral basis for December 2014 vs. December 2013. In this analysis, we apply the average exchange rate for December 2014 to the December 2013 revenues in order to compare the two periods as if there was no impact from foreign exchange whatsoever.
Thunderbird Resorts Inc. - Group-wide sales results by country - currencyneutral (unaudited, in millions) (1) | December 2014 | December 2013 | Year-over-year increase/(decrease) |
Peru(2) | $2.53 | $2.86 | -11.54% |
Costa Rica(3) | 1.27 | 1.23 | 3.25% |
Nicaragua | 1.21 | 1.25 | -3.20% |
Total Consolidated Operating Revenues | $5.01 | $5.34 | -6.18% |
1 Revenues reported are based on monthly average exchange rates, report same store revenues and are in USD millions. From month to month , exchange rate fluctuations could cause an impact on revenues as compared to the previous year.
2 2014 and 2013 revenues consist of all gaming revenue in the country plus revenue from our fully-owned Fiesta Hotel and management fees for
the Thunderbird Hotel - Pardo, Thunderbird Hotel - Carrera and Thunderbird Hotel - El Pueblo, which are owned by third parties.
3 Effective January 1, 2013, IFRS 11 changed the way that joint ventures are accounted for whereby proportional consolidation is no longer allowed and equity accounting should be applied to joint ventures. Until further notice and for the convenience of the reader and for the
illustrative purposes of this monthly revenue report, the Group has elected to continue to show the Costa Rican joint venture proportional revenues, which vary from the way that the Group accounts for these revenues in our Interim and Annual Financial St atements.
Group revenue segmentation on as reported basis for December 2014 vs. December 2013.
Note: "Hospitality" revenues include revenues for rooms, F&B, events, hotel management fees and other hospitality amenities. "Other" revenues includerevenues from real estate leases and construction.
|
distributed by
|
