Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 1,506,647 $ 3,300,482
Short-term investments 240,000  
Accounts receivable, net 1,167,473 20,578
Inventories 118,205 82,381
Prepaid expenses and other assets 269,243 154,103
Total current assets 3,301,568 3,557,544
Property and equipment, net 13,528,806 13,411,226
Goodwill 98,134 98,134
Trade names 500,525 500,525
Other long-term assets 1,300,804 831,888
Total assets 18,729,837 18,399,317
Current liabilities:    
Current portion of long-term debt 876,890 124,885
Accounts payable 233,172 83,136
Accrued expenses and other liabilities 1,059,034 596,056
Advance ticket sales 1,561,336 1,109,826
Total current liabilities 3,730,432 1,913,903
Long-term debt 11,569,700 11,681,234
Other long-term liabilities 997,055 450,075
Total liabilities 16,297,187 14,045,212
Commitments and contingencies (Note 13)
Shareholders' equity:    
Ordinary shares, $0.001 par value; 980,000,000 shares authorized and 416,891,915 shares issued and outstanding at December 31, 2021 and 490,000,000 shares authorized and 315,636,032 shares issued and outstanding at December 31, 2020 417 316
Additional paid-in capital 7,513,725 4,889,355
Accumulated other comprehensive income (loss) (285,086) (240,117)
Retained earnings (deficit) (4,796,406) (295,449)
Total shareholders' equity 2,432,650 4,354,105
Total liabilities and shareholders' equity $ 18,729,837 $ 18,399,317