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Financial Highlights

Financial Highlights
2016 FY
12/31/2016
2017 FY
12/31/2017
2018 FY
12/31/2018
2019 FY
12/31/2019
2020 FQ2 YTD
6/30/2020
Balance Sheet ($000)
Cash and Cash Equivalents 207,073 310,000 313,300 265,000 498,000
Current Assets 683,643 872,400 781,300 673,100 679,700
Net PP&E 3,035,859 3,116,500 3,039,600 7,445,200 6,972,800
Total Intangible Assets 4,298,102 5,312,200 5,140,800 4,984,400 3,162,700
Total Assets 8,641,841 9,805,900 9,495,800 13,675,800 11,271,600
Short-term and Current Long-term Debt 81,243 87,700 82,200 616,100 611,500
Current Liabilities 1,189,190 1,409,400 1,328,100 1,933,200 1,711,200
Non-current Long-term Debt 4,355,114 4,799,000 5,201,000 9,736,800 10,326,300
Total Liabilities 6,631,107 7,692,700 8,097,800 12,461,600 12,847,000
Total Mezzanine Level Items 1,080 800 400 0 0
Equity Attributable to Parent Company 2,009,654 2,112,400 1,397,600 1,214,200 (1,575,400)
Total Equity 2,009,654 2,112,400 1,397,600 1,214,200 (1,575,400)
Total Capitalization, at Book Value 6,447,091 6,999,900 6,681,200 11,567,100 9,362,400
Income Statement ($000)
Operating Revenue, Net 3,235,846 5,079,200 5,460,800 5,471,000 960,400
Cost of Revenue 2,590,470 4,178,200 4,409,600 4,617,400 1,262,800
Reported Net Operating Income 212,858 102,000 265,000 136,000 (2,457,700)
Recurring EBIT 314,015 231,400 412,800 266,400 (619,100)
Recurring EBITDA 582,258 770,000 950,600 716,400 (376,900)
Net Income before Taxes 149,639 (333,100) 123,700 (171,600) (2,675,400)
Net Income before Extra 111,667 (487,200) 110,100 (149,100) (2,737,500)
Net Income 111,667 (487,200) 110,100 (149,100) (2,737,500)
Net Income Attributable to Parent 111,667 (487,200) 110,100 (149,100) (2,737,500)
Cash Flow Statement Highlights ($000)
Cash Flow from Operating Activities 431,655 537,400 523,200 579,000 (415,900)
Cash Flow from Investing Activities (1,354,650) (959,300) (317,200) (516,100) (131,500)
Cash Flow from Financing Activities 918,263 492,300 (194,800) (112,900) 785,900
Effect of Exchange Rate Fluctuations 555 17,700 (5,500) 1,500 (5,600)
Other Cash Flow 0 0 0 0 0
Net Increase in Cash and Cash Equivalents (4,177) 88,100 5,700 (48,500) 232,900
Recurring Levered Free Cash Flow 50,661 (94,100) 77,000 (83,500) (600,100)
Balance Sheet Ratios (%)
Debt/ Book Capitalization 68.81 69.81 79.08 89.50 116.83
Total Debt/ Total Equity(x) 2.21 2.31 3.78 8.53 NM
Total Equity/ Total Assets 23.25 21.54 14.72 8.88 (13.98)
Debt plus Rdm Pfd/ Equity(x) 2.21 2.31 3.78 8.53 NM
Long-term Debt/ Book Capital 67.55 68.56 77.85 84.18 110.30
Debt & Redeemable Preferred/ Book Capital 68.81 69.81 79.08 89.50 116.83
Net Debt and Preferred/ Recurring EBITDA(x) 3.70 6 4.99 13.21 NM
Income and Cash Flow Statement Ratios (%)
Operating Revenue Growth 9.81 56.97 7.51 0.19 (64.52)
Recurring EBITDA Growth 13.67 32.24 23.45 (24.64) NM
Recurring Levered FCF Growth (27.38) NM NM NM NM
Net Income Growth 7.52 NM NM NM NM
EPS Growth, before Extraordinary 6.60 NM NM NM NM
EPS after Extra Growth 6.60 NM NM NM NM
Dividend Payout Ratio 70.80 NM 573.17 NM NM
Div/ Recurring LFCF NM NM NM NM NM
Profitability Ratios (%)
ROAA 2.06 (5.01) 1.15 (1.15) (46.18)
ROAE 6.94 (20.38) 6.23 (11.65) NM
ROACE 6.94 (20.38) 6.23 (11.65) NM
Return on Invested Capital 7.98 3.04 5.76 2.45 (12.27)
Recurring EBITDA Margin 17.99 15.16 17.41 13.09 (39.24)
Recurring Levered FCF Margin 1.57 (1.85) 1.41 (1.53) (62.48)
Recurring Levered Free Cash Flow/ Recurring EBITDA 8.70 NM 8.10 NM NM
Liquidity Ratios (x)
Recurring EBITDA/ Interest Expense plus Pfd 4.79 2.81 3.16 2.38 (2.43)
Recurring Unlevered FCF/ Interest Expense 1.28 0.48 1.18 0.67 (3.19)
Cash Interest Coverage 4.55 2.96 2.74 2.93 (1.68)
Per Share Information ($)
Common Shares Outstanding(actual) 110,166,733 127,717,279 103,514,196 103,849,861 104,319,377
Avg Diluted Shares(actual) 98,872,000 128,246,000 130,105,000 103,832,000 104,282,000
Basic Book Value per Share 18.24 16.54 13.50 11.69 (15.10)
Common Dividends Declared per Share 0.80 0.80 2.35 0.80 0.03
Basic EPS before Extra 1.13 (3.80) 0.91 (1.44) (26.25)
Basic EPS after Extra 1.13 (3.80) 0.91 (1.44) (26.25)
Diluted EPS before Extra 1.13 (3.80) 0.41 (1.44) (26.25)
Diluted EPS after Extraordinary 1.13 (3.80) 0.41 (1.44) (26.25)
Recurring Levered FCF per Share 0.51 (0.73) 0.29 (0.81) (5.75)
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.

Contact Information

John Merriwether
Vice President, Investor Relations
AMC Entertainment Holdings, Inc.
11500 Ash Street
Leawood, KS 66211
(866) 248-3872
InvestorRelations@amctheatres.com

Transfer Agent
Computershare
(800) 962-4284
www.computershare.com

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