Risk Factors Update Summary
- Decrease in the number of new ships on order from 63 to 51, with 110,000 berths.
- Reduction in total debt from $23 billion to $21 billion as of December 31, 2022.
- Potential impact of a 1% increase in prevailing interest rates on 2023 interest expense by approximately $25 million.
- Change in shipboard employees' proportion to approximately 88% of total employees.
- Evaluation of assets, including goodwill, intangible assets, and long-lived assets, for recoverability.
- Compliance with cyber security regulations, including the European Union General Data Protection Regulation.
- Potential impact of carbon emission allowances purchase requirements starting in 2024.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
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