01—Abstract
Summary
Summary of the 10-K/A filed May 7, 2003. Cited figures are marked; the original filing is the authoritative source.
Carnival Corporation's 2003 10-K filing indicates it is an accelerated filer, with a significant market capitalization of approximately $7.1 billiona as of February 10, 2003.
The company had a substantial number of common shares outstanding, over 586 million, reflecting its large scale in the public markets. This filing serves as a comprehensive annual report, with financial statements and schedules included as Exhibit 13, which have been updated to comply with SEC Regulation G and to align segment information reporting for fiscal year 2003.
02—Key points
Key Highlights
- Carnival Corporation is classified as an accelerated filer, suggesting a substantial operating history and market presence.
- The company's non-affiliate market value stood at approximately $7.1 billion as of February 10, 2003, indicating significant investor confidence and market valuation.
- At February 10, 2003, there were 586,969,154 shares of common stock outstanding.
- Financial statements and schedules are incorporated by reference as Exhibit 13.
- Exhibit 13 has been amended to comply with SEC Regulation G.
- Segment information in Note 12 has been reclassified to conform with the fiscal 2003 presentation.
03—Questions
Frequently Asked Questions
What does it mean that Carnival Corporation is an 'accelerated filer'?
Being an accelerated filer means that Carnival Corporation meets certain thresholds for public float and filing history with the SEC. This typically indicates a larger, more established company that is required to file its annual and quarterly reports more frequently and within shorter timeframes than non-accelerated filers.
What is the significance of the $7.1 billion market value reported?
The $7.1 billion figure represents the total market value of Carnival Corporation's publicly traded stock (held by non-affiliates) on a specific date. This metric is crucial for investors as it provides an indication of the company's overall size and market capitalization in the investment community.
Why were the financial statements and segment information amended?
The amendments were made for two primary reasons: to ensure compliance with SEC Regulation G, which governs the reporting of non-GAAP financial measures, and to standardize the presentation of segment information in Note 12 to align with how the company reported its segments in fiscal year 2003. This promotes clearer and more consistent financial reporting for investors.
04—Continue