Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

MGM MIRAGE MGM_MIRAGE_Supp_Data_103007

437 views

Published on

  • Be the first to comment

  • Be the first to like this

MGM MIRAGE MGM_MIRAGE_Supp_Data_103007

  1. 1. MGM MIRAGE AND SUBSIDIARIES SUPPLEMENTAL DATA - NET REVENUES BY RESORT - LAS VEGAS STRIP (In thousands) (Unaudited) Three Months Ended Nine Months Ended September 30, September 30, September 30, September 30, 2007 2006 2007 2006 Bellagio $ 297,011 $ 310,253 $ 971,772 $ 988,321 MGM Grand Las Vegas 290,506 269,318 891,024 805,092 Mandalay Bay 239,380 222,767 726,680 708,121 The Mirage 219,297 206,369 618,942 541,885 Luxor 111,490 106,810 340,513 332,791 Treasure Island 107,457 99,887 325,627 302,657 New York-New York 84,132 81,557 254,339 255,386 Excalibur 95,458 91,579 276,978 277,605 Monte Carlo 74,290 76,080 236,068 235,024 Circus Circus Las Vegas (1) 79,216 78,481 223,285 223,093 Boardwalk - - - 1,117 $ 1,598,237 $ 1,543,101 $ 4,865,228 $ 4,671,092 MGM MIRAGE AND SUBSIDIARIES SUPPLEMENTAL DATA - HOTEL STATISTICS - LAS VEGAS STRIP (Unaudited) Three Months Ended Nine Months Ended September 30, September 30, September 30, September 30, 2007 2006 2007 2006 Bellagio Occupancy % 96.1% 97.2% 96.6% 96.8% Average daily rate (ADR) $244 $235 $263 $250 Revenue per available room (REVPAR) $235 $229 $254 $242 MGM Grand Las Vegas Occupancy % 97.7% 96.8% 97.0% 96.5% ADR $152 $146 $165 $154 REVPAR $149 $141 $160 $149 Mandalay Bay Occupancy % 95.3% 95.1% 95.6% 94.0% ADR $212 $205 $229 $217 REVPAR $202 $195 $219 $204 The Mirage Occupancy % 98.4% 98.2% 98.2% 97.8% ADR $168 $161 $183 $171 REVPAR $165 $158 $180 $167 Luxor Occupancy % 99.3% 99.0% 99.0% 98.5% ADR $124 $114 $133 $125 REVPAR $123 $113 $132 $123 Treasure Island Occupancy % 98.9% 97.6% 98.5% 97.5% ADR $135 $124 $147 $132 REVPAR $133 $121 $145 $129 New York-New York Occupancy % 97.5% 98.6% 98.0% 98.4% ADR $133 $123 $145 $136 REVPAR $129 $121 $142 $134 Excalibur Occupancy % 95.7% 93.9% 96.2% 93.6% ADR $94 $83 $100 $92 REVPAR $90 $78 $96 $86 Monte Carlo Occupancy % 98.0% 97.8% 97.5% 96.9% ADR $122 $117 $134 $127 REVPAR $120 $115 $131 $124 Circus Circus Las Vegas Occupancy % 93.9% 91.8% 92.9% 91.3% ADR $69 $63 $71 $68 REVPAR $64 $57 $66 $62 Boardwalk Occupancy % N/A N/A N/A 72.7% ADR N/A N/A N/A $132 REVPAR N/A N/A N/A $96 (1) Includes Slots-A-Fun. S-1
  2. 2. MGM MIRAGE AND SUBSIDIARIES SUPPLEMENTAL DATA - PROPERTY EBITDA BY RESORT - LAS VEGAS STRIP (In thousands) (Unaudited) Three Months Ended Nine Months Ended September 30, September 30, September 30, September 30, 2007 2006 2007 2006 Bellagio $ 83,938 $ 98,168 $ 322,253 $ 339,635 MGM Grand Las Vegas 81,811 83,630 284,985 239,659 Mandalay Bay 60,120 60,014 211,407 214,996 The Mirage 71,751 70,037 184,438 177,345 Luxor 40,606 37,502 130,418 122,592 Treasure Island 30,569 25,937 98,277 86,319 New York-New York 34,447 33,665 106,641 109,156 Excalibur 36,236 33,336 106,177 104,878 Monte Carlo 21,791 27,479 86,992 82,648 Circus Circus Las Vegas (1) 22,223 21,481 64,330 62,203 CityCenter (13,894) (4,628) (46,254) (9,474) Boardwalk - - - (1,840) $ 469,598 $ 486,621 $ 1,549,664 $ 1,528,117 MGM MIRAGE AND SUBSIDIARIES DETAIL OF CERTAIN CHARGES AFFECTING PROPERTY EBITDA - LAS VEGAS STRIP (In thousands) (Unaudited) Three Months Ended September 30, 2007 Preopening and Property start-up Restructuring transactions, expenses costs net Total Bellagio $ - $ - $ 82 $ 82 MGM Grand Las Vegas 33 - 6,893 6,926 Mandalay Bay - - 8,575 8,575 The Mirage - - 939 939 Luxor - - 233 233 Treasure Island - - 93 93 New York-New York 45 - 300 345 Excalibur - - 48 48 Monte Carlo 911 - 572 1,483 Circus Circus Las Vegas (1) - - - - CityCenter 4,653 - - 4,653 Boardwalk - - - - $ 5,642 $ - $ 17,735 $ 23,377 Three Months Ended September 30, 2006 Preopening and Property start-up Restructuring transactions, expenses costs net Total Bellagio $ - $ - $ (75) $ (75) MGM Grand Las Vegas 916 - 104 1,020 Mandalay Bay - - - - The Mirage - - - - Luxor - - - - Treasure Island - - 40 40 New York-New York - - 15 15 Excalibur - - (34) (34) Monte Carlo 82 - 9 91 Circus Circus Las Vegas (1) - - 10 10 CityCenter 3,000 - - 3,000 Boardwalk - - - - $ 3,998 $ - $ 69 $ 4,067 (1) Includes Slots-A-Fun. S-2
  3. 3. MGM MIRAGE AND SUBSIDIARIES DETAIL OF CERTAIN CHARGES AFFECTING PROPERTY EBITDA - LAS VEGAS STRIP (Continued) (In thousands) (Unaudited) Nine Months Ended September 30, 2007 Preopening and Property start-up Restructuring transactions, expenses costs net Total Bellagio $ - $ - $ (143) $ (143) MGM Grand Las Vegas 1,271 - 6,893 8,164 Mandalay Bay - - 9,162 9,162 The Mirage - - 1,165 1,165 Luxor - - 1,892 1,892 Treasure Island - - 100 100 New York-New York 45 - 302 347 Excalibur - - 243 243 Monte Carlo 1,128 - 979 2,107 Circus Circus Las Vegas (1) - - 7 7 Project CityCenter 18,801 - - 18,801 Boardwalk - - - - $ 21,245 $ - $ 20,600 $ 41,845 Nine Months Ended September 30, 2006 Preopening and Property start-up Restructuring transactions, expenses costs (credit) net Total Bellagio $ - $ - $ 12,259 $ 12,259 MGM Grand Las Vegas 7,651 - 2,071 9,722 Mandalay Bay - - 3,525 3,525 The Mirage 4,534 - 564 5,098 Luxor 497 - 4,221 4,718 Treasure Island 53 - 269 322 New York-New York - - 9 9 Excalibur - - 339 339 Monte Carlo 82 - 9,368 9,450 Circus Circus Las Vegas (1) - - 10 10 Project CityCenter 6,207 - - 6,207 Boardwalk - 1,035 - 1,035 $ 19,024 $ 1,035 $ 32,635 $ 52,694 MGM MIRAGE AND SUBSIDIARIES SUPPLEMENTAL DATA - RECONCILIATION OF OPERATING INCOME TO PROPERTY EBITDA - LAS VEGAS STRIP (In thousands) (Unaudited) Three Months Ended September 30, 2007 Depreciation Operating and income (loss) amortization EBITDA Bellagio $ 52,465 $ 31,473 $ 83,938 MGM Grand Las Vegas 57,973 23,838 81,811 Mandalay Bay 37,359 22,761 60,120 The Mirage 57,114 14,637 71,751 Luxor 30,739 9,867 40,606 Treasure Island 22,627 7,942 30,569 New York-New York 26,973 7,474 34,447 Excalibur 30,937 5,299 36,236 Monte Carlo 16,266 5,525 21,791 Circus Circus Las Vegas (1) 16,994 5,229 22,223 CityCenter (15,229) 1,335 (13,894) Boardwalk - - - $ 334,218 $ 135,380 $ 469,598 (1) Includes Slots-A-Fun. S-3
  4. 4. MGM MIRAGE AND SUBSIDIARIES SUPPLEMENTAL DATA - RECONCILIATION OF OPERATING INCOME TO PROPERTY EBITDA - LAS VEGAS STRIP (Continued) (In thousands) (Unaudited) Three Months Ended September 30, 2006 Depreciation Operating and income (loss) amortization EBITDA Bellagio $ 66,612 $ 31,556 $ 98,168 MGM Grand Las Vegas 60,501 23,129 83,630 Mandalay Bay 40,259 19,755 60,014 The Mirage 54,539 15,498 70,037 Luxor 27,469 10,033 37,502 Treasure Island 18,408 7,529 25,937 New York-New York 25,251 8,414 33,665 Excalibur 28,785 4,551 33,336 Monte Carlo 21,804 5,675 27,479 Circus Circus Las Vegas (1) 16,282 5,199 21,481 CityCenter (4,628) - (4,628) Boardwalk - - - $ 355,282 $ 131,339 $ 486,621 Nine Months Ended September 30, 2007 Depreciation Operating and income (loss) amortization EBITDA Bellagio $ 229,341 $ 92,912 $ 322,253 MGM Grand Las Vegas 211,822 73,163 284,985 Mandalay Bay 145,157 66,250 211,407 The Mirage 140,355 44,083 184,438 Luxor 101,452 28,966 130,418 Treasure Island 74,787 23,490 98,277 New York-New York 83,728 22,913 106,641 Excalibur 89,719 16,458 106,177 Monte Carlo 70,427 16,565 86,992 Circus Circus Las Vegas (1) 48,735 15,595 64,330 Project CityCenter (48,629) 2,375 (46,254) Boardwalk - - - $ 1,146,894 $ 402,770 $ 1,549,664 Nine Months Ended September 30, 2006 Depreciation Operating and income (loss) amortization EBITDA Bellagio $ 246,547 $ 93,088 $ 339,635 MGM Grand Las Vegas 164,459 75,200 239,659 Mandalay Bay 154,328 60,668 214,996 The Mirage 134,707 42,638 177,345 Luxor 93,345 29,247 122,592 Treasure Island 64,737 21,582 86,319 New York-New York 84,042 25,114 109,156 Excalibur 91,312 13,566 104,878 Monte Carlo 62,648 20,000 82,648 Circus Circus Las Vegas (1) 46,467 15,736 62,203 Project CityCenter (9,474) - (9,474) Boardwalk (1,840) - (1,840) $ 1,131,278 $ 396,839 $ 1,528,117 (1) Includes Slots-A-Fun. S-4

×