The accompanying condensed consolidating financial information has been prepared and presented pursuant to SEC Regulation S-X Rule 3-10, Financial statements of guarantors and issuers of guaranteed securities registered or being registered. Each of the subsidiary guarantors are 100% owned by AMCE. The subsidiary guarantees of AMCE's Notes due 2019 and Notes due 2020 are full and unconditional and joint and several. There are significant restrictions on the Company's ability to obtain funds from any of its subsidiaries through dividends, loans or advances. The Company and its subsidiary guarantor's investments in its consolidated subsidiaries are presented under the equity method of accounting.

(In thousands)	AMCE			Subsidiary Guarantors			Subsidiary Non-Guarantors			Consolidating Adjustments			Consolidated AMC Entertainment Inc.

Revenues
Admissions	$	—		$	76,090		$	266		$	—		$	76,356
Concessions		—			32,264			101			—			32,365
Other theatre		—			5,758			27			—			5,785

Total revenues		—			114,112			394			—			114,506

Operating Costs and Expenses
Film exhibition costs		—			34,565			94			—			34,659
Concession costs		—			4,755			23			—			4,778
Operating expense		(11	)		45,778			292			—			46,059
Rent		—			33,332			161			—			33,493
General and administrative:
Merger, acquisition and transaction costs		—			538			—			—			538
Management fee		—			—			—			—			—
Other		—			7,277			(8	)		—			7,269
Depreciation and amortization		—			16,598			4			—			16,602

Operating costs and expenses		(11	)		142,843			566			—			143,398

Operating income (loss)		11			(28,731	)		(172	)		—			(28,892	)
Other expense (income)
Equity in net losses of subsidiaries		44,380			289			—			(44,669	)		—
Other expense		—			49			—			—			49
Interest expense:
Corporate borrowings		10,273			11,679			—			(11,711	)		10,241
Capital and financing lease obligations		—			442			—			—			442
Equity in losses of non-consolidated entities		112			3,253			13			—			3,378
Investment income		(11,711	)		(1	)		—			11,711			(1	)

Total other expense		43,054			15,711			13			(44,669	)		14,109

Loss from continuing operations before income taxes		(43,043	)		(44,442	)		(185	)		44,669			(43,001	)
Income tax provision		—			100			—			—			100

Loss from continuing operations		(43,043	)		(44,542	)		(185	)		44,669			(43,101	)
Earnings (loss) from discontinued operations, net of income taxes		—			162			(104	)		—			58

Net loss	$	(43,043	)	$	(44,380	)	$	(289	)	$	44,669		$	(43,043	)

(In thousands)	AMCE			Subsidiary Guarantors			Subsidiary Non-Guarantors			Consolidating Adjustments			Consolidated AMC Entertainment Inc.

Revenues
Admissions	$	—		$	363,672		$	777		$	—		$	364,449
Concessions		—			153,239			341			—			153,580
Other theatre		—			17,616			56			—			17,672

Total revenues		—			534,527			1,174			—			535,701

Operating Costs and Expenses
Film exhibition costs		—			193,391			421			—			193,812
Concession costs		—			20,656			71			—			20,727
Operating expense		(2	)		125,957			644			—			126,599
Rent		—			76,713			327			—			77,040
General and administrative:
Merger, acquisition and transaction costs		—			375			—			—			375
Management fee		—			1,250			—			—			1,250
Other		—			11,687			12			—			11,699
Depreciation and amortization		—			32,629			8			—			32,637

Operating costs and expenses		(2	)		462,658			1,483			—			464,139

Operating income (loss)		2			71,869			(309	)		—			71,562
Other expense (income)
Equity in net earnings of subsidiaries		(73,930	)		(14,205	)		—			88,135			—
Other expense		—			839			—			—			839
Interest expense:
Corporate borrowings		27,601			35,662			—			(35,408	)		27,855
Capital and financing lease obligations		—			972			—			—			972
Equity in losses of non-consolidated entities		14			1,083			111			—			1,208
Investment income		(29,899	)		(5,524	)		—			35,408			(15	)

Total other expense		(76,214	)		18,827			111			88,135			30,859

Earnings (loss) from continuing operations before income taxes		76,216			53,042			(420	)		(88,135	)		40,703
Income tax provision		—			2,100			—			—			2,100

Earnings (loss) from continuing operations		76,216			50,942			(420	)		(88,135	)		38,603
Earnings from discontinued operations, net of income taxes		—			22,988			14,625			—			37,613

Net earnings	$	76,216		$	73,930		$	14,205		$	(88,135	)	$	76,216

(In thousands)	AMCE			Subsidiary Guarantors			Subsidiary Non-Guarantors			Consolidating Adjustments			Consolidated AMC Entertainment Inc.

Revenues
Admissions	$	—		$	457,379		$	2,606		$	—		$	459,985
Concessions		—			181,726			791			—			182,517
Other theatre		—			28,013			194			—			28,207

Total revenues		—			667,118			3,591			—			670,709

Operating Costs and Expenses
Film exhibition costs		—			247,022			1,166			—			248,188
Concession costs		—			24,356			164			—			24,520
Operating expense		—			180,244			1,699			—			181,943
Rent		—			111,581			749			—			112,330
General and administrative:
Merger, acquisition and transaction costs		85			639			—			—			724
Management fee		—			1,250			—			—			1,250
Other		—			13,804			(3	)		—			13,801
Depreciation and amortization		—			50,909			82			—			50,991

Operating costs and expenses		85			629,805			3,857			—			633,747

Operating income (loss)		(85	)		37,313			(266	)		—			36,962
Other expense (income)
Equity in net losses of subsidiaries		13,920			303			—			(14,223	)		—
Other expense		—			24			—			—			24
Interest expense:
Corporate borrowings		40,165			51,016			—			(51,010	)		40,171
Capital and financing lease obligations		—			1,493			—			—			1,493
Equity in (earnings) losses of non-consolidated entities		(220	)		4,903			118			—			4,801
Investment income		(43,727	)		(7,293	)		—			51,010			(10	)

Total other expense		10,138			50,446			118			(14,223	)		46,479

Loss from continuing operations before income taxes		(10,223	)		(13,133	)		(384	)		14,223			(9,517	)
Income tax provision		—			545			—			—			545

Loss from continuing operations		(10,223	)		(13,678	)		(384	)		14,223			(10,062	)
Earnings (loss) from discontinued operations, net of income taxes		—			(242	)		81			—			(161	)

Net loss	$	(10,223	)	$	(13,920	)	$	(303	)	$	14,223		$	(10,223	)

(In thousands)	AMCE			Subsidiary Guarantors			Subsidiary Non-Guarantors			Consolidating Adjustments			Consolidated AMC Entertainment Inc.

Revenues
Admissions	$	—		$	76,090		$	266		$	—		$	76,356
Concessions		—			32,264			101			—			32,365
Other theatre		—			5,758			27			—			5,785

Total revenues		—			114,112			394			—			114,506

Operating Costs and Expenses
Film exhibition costs		—			34,565			94			—			34,659
Concession costs		—			4,755			23			—			4,778
Operating expense		(11	)		45,778			292			—			46,059
Rent		—			33,332			161			—			33,493
General and administrative:
Merger, acquisition and transaction costs		—			538			—			—			538
Management fee		—			—			—			—			—
Other		—			7,277			(8	)		—			7,269
Depreciation and amortization		—			16,598			4			—			16,602

Operating costs and expenses		(11	)		142,843			566			—			143,398

Operating income (loss)		11			(28,731	)		(172	)		—			(28,892	)
Other expense (income)
Equity in net losses of subsidiaries		44,380			289			—			(44,669	)		—
Other expense		—			49			—			—			49
Interest expense:
Corporate borrowings		10,273			11,679			—			(11,711	)		10,241
Capital and financing lease obligations		—			442			—			—			442
Equity in losses of non-consolidated entities		112			3,253			13			—			3,378
Investment income		(11,711	)		(1	)		—			11,711			(1	)

Total other expense		43,054			15,711			13			(44,669	)		14,109

Loss from continuing operations before income taxes		(43,043	)		(44,442	)		(185	)		44,669			(43,001	)
Income tax provision		—			100			—			—			100

Loss from continuing operations		(43,043	)		(44,542	)		(185	)		44,669			(43,101	)
Earnings (loss) from discontinued operations, net of income taxes		—			162			(104	)		—			58

Net loss	$	(43,043	)	$	(44,380	)	$	(289	)	$	44,669		$	(43,043	)

(In thousands)	AMCE			Subsidiary Guarantors			Subsidiary Non-Guarantors			Consolidating Adjustments			Consolidated AMC Entertainment Inc.

Revenues
Admissions	$	—		$	814,034		$	1,997		$	—		$	816,031
Concessions		—			341,260			870			—			342,130
Other theatre		—			47,771			140			—			47,911

Total revenues		—			1,203,065			3,007			—			1,206,072

Operating Costs and Expenses
Film exhibition costs		—			435,526			1,013			—			436,539
Concession costs		—			47,142			184			—			47,326
Operating expense		28			295,708			1,592			—			297,328
Rent		—			188,283			803			—			189,086
General and administrative:
Merger, acquisition and transaction costs		—			683			—			—			683
Management fee		—			2,500			—			—			2,500
Other		—			27,013			12			—			27,025
Depreciation and amortization		—			80,944			27			—			80,971

Operating costs and expenses		28			1,077,799			3,631			—			1,081,458

Operating income (loss)		(28	)		125,266			(624	)		—			124,614
Other expense (income)
Equity in net earnings of subsidiaries		(88,759	)		(15,269	)		—			104,028			—
Other expense		—			960			—			—			960
Interest expense:
Corporate borrowings		67,366			87,133			—			(86,885	)		67,614
Capital and financing lease obligations		—			2,390			—			—			2,390
Equity in (earnings) losses of non-consolidated entities		60			(6,382	)		(1,223	)		—			(7,545	)
Investment income		(73,095	)		(13,831	)		—			86,885			(41	)

Total other expense		(94,428	)		55,001			(1,223	)		104,028			63,378

Earnings from continuing operations before income taxes		94,400			70,265			599			(104,028	)		61,236
Income tax provision		—			2,500			—			—			2,500

Earnings from continuing operations		94,400			67,765			599			(104,028	)		58,736
Earnings from discontinued operations, net of income taxes		—			20,994			14,670			—			35,664

Net earnings	$	94,400		$	88,759		$	15,269		$	(104,028	)	$	94,400

(In thousands)	AMCE			Subsidiary Guarantors			Subsidiary Non-Guarantors			Consolidating Adjustments			Consolidated AMC Entertainment Inc.

Revenues
Admissions	$	—		$	918,783		$	4,687		$	—		$	923,470
Concessions		—			368,283			1,476			—			369,759
Other theatre		—			49,333			397			—			49,730

Total revenues		—			1,336,399			6,560			—			1,342,959

Operating Costs and Expenses
Film exhibition costs		—			497,602			2,091			—			499,693
Concession costs		—			49,576			297			—			49,873
Operating expense		—			351,412			3,468			—			354,880
Rent		—			222,402			1,417			—			223,819
General and administrative:
Merger, acquisition and transaction costs		85			1,251			—			—			1,336
Management fee		—			2,500			—			—			2,500
Other		—			28,218			33			—			28,251
Depreciation and amortization		—			102,414			156			—			102,570

Operating costs and expenses		85			1,255,375			7,462			—			1,262,922

Operating income (loss)		(85	)		81,024			(902	)		—			80,037
Other expense (income)
Equity in net losses of subsidiaries		16,866			1,149			—			(18,015	)		—
Other expense		—			364			—			—			364
Interest expense:
Corporate borrowings		80,039			101,952			—			(101,969	)		80,022
Capital and financing lease obligations		—			2,991			—			—			2,991
Equity in (earnings) losses of non-consolidated entities		(312	)		4,234			383			—			4,305
Investment income		(87,265	)		(14,739	)		—			101,969			(35	)

Total other expense		9,328			95,951			383			(18,015	)		87,647

Loss from continuing operations before income taxes		(9,413	)		(14,927	)		(1,285	)		18,015			(7,610	)
Income tax provision		525			545			—			—			1,070

Loss from continuing operations		(9,938	)		(15,472	)		(1,285	)		18,015			(8,680	)
Earnings (loss) from discontinued operations, net of income taxes		—			(1,394	)		136			—			(1,258	)

Net loss	$	(9,938	)	$	(16,866	)	$	(1,149	)	$	18,015		$	(9,938	)

(In thousands)	AMCE		Subsidiary Guarantors			Subsidiary Non-Guarantors		Consolidating Adjustments			Consolidated AMC Entertainment Inc.

Assets
Current assets:
Cash and equivalents	$	300	$	114,901		$	41,473	$	—		$	156,674
Receivables, net		19		27,289			103		—			27,411
Other current assets		—		79,325			1,490		—			80,815

Total current assets		319		221,515			43,066		—			264,900
Investment in equity of subsidiaries		779,003		16,145			—		(795,148	)		—
Property, net		—		1,059,630			77		—			1,059,707
Intangible assets, net		—		239,314			—		—			239,314
Intercompany advances		2,104,173		(2,104,704	)		531		—			—
Goodwill		—		2,160,678			—		—			2,160,678
Other long-term assets		2,589		440,540			498		—			443,627

Total assets	$	2,886,084	$	2,033,118		$	44,172	$	(795,148	)	$	4,168,226

Liabilities and Stockholder's Equity
Current liabilities:
Accounts payable	$	—	$	147,181		$	419	$	—		$	147,600
Accrued expenses and other liabilities		42,982		102,145			275		—			145,402
Deferred revenues and income		—		118,316			16		—			118,332
Current maturities of corporate borrowings and capital and financing lease obligations		8,004		2,768			—		—			10,772

Total current liabilities		50,986		370,410			710		—			422,106
Corporate borrowings		2,077,957		—			—		—			2,077,957
Capital and financing lease obligations		—		57,932			—		—			57,932
Deferred revenues—for exhibitor services agreement		—		321,504			—		—			321,504
Other long-term liabilities		—		504,269			27,317		—			531,586

Total liabilities		2,128,943		1,254,115			28,027		—			3,411,085
Stockholder's equity		757,141		779,003			16,145		(795,148	)		757,141

Total liabilities and stockholder's equity	$	2,886,084	$	2,033,118		$	44,172	$	(795,148	)	$	4,168,226

(In thousands)	AMCE		Subsidiary Guarantors			Subsidiary Non-Guarantors		Consolidating Adjustments			Consolidated AMC Entertainment Inc.

Assets
Current assets:
Cash and equivalents	$	686	$	232,009		$	39,642	$	—		$	272,337
Receivables, net		552		42,947			51		—			43,550
Other current assets		—		85,681			2,185		—			87,866

Total current assets		1,238		360,637			41,878		—			403,753
Investment in equity of subsidiaries		221,951		51,981			—		(273,932	)		—
Property, net		—		883,219			478		—			883,697
Intangible assets, net		—		135,024			—		—			135,024
Intercompany advances		2,078,742		(2,130,247	)		51,505		—			—
Goodwill		—		1,923,667			—		—			1,923,667
Other long-term assets		35,064		256,611			176		—			291,851

Total assets	$	2,336,995	$	1,480,892		$	94,037	$	(273,932	)	$	3,637,992

Liabilities and Stockholder's Equity
Current liabilities:
Accounts payable	$	94	$	195,117		$	727	$	—		$	195,938
Accrued expenses and other liabilities		36,027		112,056			1,251		—			149,334
Deferred revenues and income		—		174,314			41		—			174,355
Current maturities of corporate borrowings and capital and financing lease obligations		59,039		2,807			—		—			61,846

Total current liabilities		95,160		484,294			2,019		—			581,473
Corporate borrowings		2,087,495		—			—		—			2,087,495
Capital and financing lease obligations		—		59,413			—		—			59,413
Deferred revenues—for exhibitor services agreement		—		328,442			—		—			328,442
Other long-term liabilities		—		386,792			40,037		—			426,829

Total liabilities		2,182,655		1,258,941			42,056		—			3,483,652
Stockholder's equity		154,340		221,951			51,981		(273,932	)		154,340

Total liabilities and stockholder's equity	$	2,336,995	$	1,480,892		$	94,037	$	(273,932	)	$	3,637,992

(In thousands)	AMCE			Subsidiary Guarantors			Subsidiary Non-Guarantors			Consolidating Adjustments		Consolidated AMC Entertainment Inc.

Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	20,371		$	(4,454	)	$	(48,042	)	$	—	$	(32,125	)

Cash flows from investing activities:
Capital expenditures		—			(10,639	)		1			—		(10,638	)
Merger		—			3,110			—			—		3,110
Investments in non-consolidated entities, net		—			—			(13	)		—		(13	)
Proceeds from the disposition of long-term assets		—			129			(22	)		—		107
Other, net		—			(442	)		—			—		(442	)

Net cash used in investing activities		—			(7,842	)		(34	)		—		(7,876	)

Cash flows from financing activities:
Principal payments under capital and financing lease obligations		—			(222	)		—			—		(222	)
Capital contribution		100,000			—			—			—		100,000
Change in construction payables		—			(1,245	)		—			—		(1,245	)
Change in intercompany advances		(120,362	)		69,505			50,857			—		—

Net cash provided by (used in) financing activities		(20,362	)		68,038			50,857			—		98,533

Effect of exchange rate changes on cash and equivalents		—			3,833			(4,222	)		—		(389	)

Net increase in cash and equivalents		9			59,575			(1,441	)		—		58,143
Cash and equivalents at beginning of period		291			55,326			42,914			—		98,531

Cash and equivalents at end of period	$	300		$	114,901		$	41,473		$	—	$	156,674

(In thousands)	AMCE			Subsidiary Guarantors			Subsidiary Non-Guarantors			Consolidating Adjustments		Consolidated AMC Entertainment Inc.

Cash flows from operating activities:
Net cash provided by (used in) operating activities	$	(3,735	)	$	82,423		$	809		$	—	$	79,497

Cash flows from investing activities:
Capital expenditures		—			(40,095	)		(21	)		—		(40,116	)
Investments in non-consolidated entities, net		—			(17	)		1,606			—		1,589
Proceeds from the disposition of long-term assets		—			7,134			157			—		7,291
Other, net		—			205			—			—		205

Net cash provided by (used in) investing activities		—			(32,773	)		1,742			—		(31,031	)

Cash flows from financing activities:
Repurchase of Senior Subordinated Notes due 2014		(191,035	)		—			—			—		(191,035	)
Deferred financing costs		(2,378	)		—			—			—		(2,378	)
Principal payments under capital and financing lease obligations		—			(1,298	)		—			—		(1,298	)
Principal payments under Term Loan		(4,002	)		—			—			—		(4,002	)
Change in construction payables		—			(23,575	)		—			—		(23,575	)
Change in intercompany advances		200,755			(200,872	)		117			—		—

Net cash provided by (used in) financing activities		3,340			(225,745	)		117			—		(222,288	)

Effect of exchange rate changes on cash and equivalents		—			(588	)		604			—		16

Net increase (decrease) in cash and equivalents		(395	)		(176,683	)		3,272			—		(173,806	)
Cash and equivalents at beginning of period		686			232,009			39,642			—		272,337

Cash and equivalents at end of period	$	291		$	55,326		$	42,914		$	—	$	98,531

(In thousands)	AMCE			Subsidiary Guarantors			Subsidiary Non-Guarantors			Consolidating Adjustments		Consolidated AMC Entertainment Inc.

Cash flows from operating activities:
Net cash provided by operating activities	$	13,470		$	94,603		$	(332	)	$	—	$	107,741

Cash flows from investing activities:
Capital expenditures		—			(56,358	)		(150	)		—		(56,508	)
Proceeds from sale/leaseback of digital projection equipment		—			953			—			—		953
Investments in non-consolidated entities, net		1,049			(22,747	)		(1	)		—		(21,699	)
Proceeds from the disposition of long-term assets		—			801			—			—		801
Other, net		—			(237	)		—			—		(237	)

Net cash provided by (used in) investing activities		1,049			(77,588	)		(151	)		—		(76,690	)

Cash flows from financing activities:
Deferred financing costs		(585	)		—			—			—		(585	)
Principal payments under capital and financing lease obligations		—			(1,869	)		—			—		(1,869	)
Principal payments under Term Loan		(1,625	)		—			—			—		(1,625	)
Change in construction payables		—			(4,194	)		—			—		(4,194	)
Change in intercompany advances		(12,309	)		12,067			242			—		—

Net cash provided by (used in) financing activities		(14,519	)		6,004			242			—		(8,273	)

Effect of exchange rate changes on cash and equivalents		—			759			94			—		853

Net increase in cash and equivalents		—			23,778			(147	)		—		23,631
Cash and equivalents at beginning of period		—			261,096			40,062			—		301,158

Cash and equivalents at end of period	$	—		$	284,874		$	39,915		$	—	$	324,789