Three months ended June 30, 2014:

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

Revenues
Admissions	$	—		$	477,481		$	1,186		$	—		$	478,667
Food and beverage		—			211,070			527			—			211,597
Other theatre		—			36,234			75			—			36,309


Total revenues		—			724,785			1,788			—			726,573


Operating costs and expenses
Film exhibition costs		—			256,663			557			—			257,220
Food and beverage costs		—			30,228			113			—			30,341
Operating expense		16			188,189			1,078			—			189,283
Rent		—			113,316			545			—			113,861
General and administrative:
Merger, acquisition and transaction costs		—			572			—			—			572
Other		—			15,148			1			—			15,149
Depreciation and amortization		—			51,737			13			—			51,750


Operating costs and expenses		16			655,853			2,307			—			658,176


Operating income (loss)		(16	)		68,932			(519	)		—			68,397
Other expense (income)
Equity in net (earnings) loss of subsidiaries		(28,261	)		519			—			27,742			—
Other income		—			(4,157	)		—			—			(4,157	)
Interest expense:
Corporate borrowings		27,937			37,552			—			(37,500	)		27,989
Capital and financing lease obligations		—			2,486			—			—			2,486
Equity in earnings of non-consolidated entities		—			(9,597	)		—			—			(9,597	)
Investment expense (income)		(31,085	)		(6,243	)		—			37,500			172


Total other expense (income)		(31,409	)		20,560			—			27,742			16,893


Earnings (loss) from continuing operations before income taxes		31,393			48,372			(519	)		(27,742	)		51,504
Income tax provision		—			20,090			—			—			20,090


Earnings (loss) from continuing operations		31,393			28,282			(519	)		(27,742	)		31,414
Loss from discontinued operations, net of income taxes		—			(21	)		—			—			(21	)


Net earnings (loss)	$	31,393		$	28,261		$	(519	)	$	(27,742	)	$	31,393

Six months ended June 30, 2014:

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

Revenues
Admissions	$	—		$	885,427		$	2,260		$	—		$	887,687
Food and beverage		—			392,387			974			—			393,361
Other theatre		—			68,140			143			—			68,283


Total revenues		—			1,345,954			3,377			—			1,349,331


Operating costs and expenses
Film exhibition costs		—			468,295			1,025			—			469,320
Food and beverage costs		—			55,233			231			—			55,464
Operating expense		(64	)		367,007			2,033			—			368,976
Rent		—			227,786			1,019			—			228,805
General and administrative:
Merger, acquisition and transaction costs		—			934			—			—			934
Other		—			33,367			2			—			33,369
Depreciation and amortization		—			106,486			41			—			106,527


Operating costs and expenses		(64	)		1,259,108			4,351			—			1,263,395


Operating income (loss)		64			86,846			(974	)		—			85,936
Other expense (income)
Equity in net (earnings) loss of subsidiaries		(20,293	)		973			—			19,320			—
Other income		—			(8,386	)		—			—			(8,386	)
Interest expense:
Corporate borrowings		57,555			77,296			—			(77,204	)		57,647
Capital and financing lease obligations		—			5,011			—			—			5,011
Equity in earnings of non-consolidated entities		—			(4,213	)		—			—			(4,213	)
Investment income		(64,083	)		(20,805	)		(1	)		77,204			(7,685	)


Total other expense (income)		(26,821	)		49,876			(1	)		19,320			42,374


Earnings (loss) from continuing operations before income taxes		26,885			36,970			(973	)		(19,320	)		43,562
Income tax provision		—			16,990			—			—			16,990


Earnings (loss) from continuing operations		26,885			19,980			(973	)		(19,320	)		26,572
Gain from discontinued operations, net of income taxes		—			313			—			—			313


Net earnings (loss)	$	26,885		$	20,293		$	(973	)	$	(19,320	)	$	26,885

Three months ended June 30, 2013:

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

Revenues
Admissions	$	—		$	514,141		$	1,165		$	—		$	515,306
Food and beverage		—			218,959			518			—			219,477
Other theatre		—			27,820			62			—			27,882


Total revenues		—			760,920			1,745			—			762,665


Operating costs and expenses
Film exhibition costs		—			284,834			561			—			285,395
Food and beverage costs		—			30,448			102			—			30,550
Operating expense		158			186,132			929			—			187,219
Rent		—			113,035			507			—			113,542
General and administrative:
Merger, acquisition and transaction costs		—			706			—			—			706
Other		—			17,033			1			—			17,034
Depreciation and amortization		—			50,356			14			—			50,370


Operating costs and expenses		158			682,544			2,114			—			684,816


Operating income (loss)		(158	)		78,376			(369	)		—			77,849
Other expense (income)
Equity in net (earnings) loss of subsidiaries		(57,888	)		47			—			57,841			—
Other income		—			(294	)		—			—			(294	)
Interest expense:
Corporate borrowings		32,539			43,733			—			(43,962	)		32,310
Capital and financing lease obligations		—			2,637			—			—			2,637
Equity in earnings of non-consolidated entities		—			(23,252	)		(22	)		—			(23,274	)
Investment expense (income)		(36,385	)		(7,115	)		(180	)		43,962			282


Total other expense (income)		(61,734	)		15,756			(202	)		57,841			11,661


Earnings (loss) from continuing operations before income taxes		61,576			62,620			(167	)		(57,841	)		66,188
Income tax provision		—			4,330			—			—			4,330


Earnings (loss) from continuing operations		61,576			58,290			(167	)		(57,841	)		61,858
Gain (loss) from discontinued operations, net of income taxes		—			(402	)		120			—			(282	)


Net earnings (loss)	$	61,576		$	57,888		$	(47	)	$	(57,841	)	$	61,576

Six months ended June 30, 2013:

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

Revenues
Admissions	$	—		$	896,001		$	2,189		$	—		$	898,190
Food and beverage		—			386,470			944			—			387,414
Other theatre		—			54,699			164			—			54,863


Total revenues		—			1,337,170			3,297			—			1,340,467


Operating costs and expenses
Film exhibition costs		—			475,708			1,011			—			476,719
Food and beverage costs		—			53,544			204			—			53,748
Operating expense		169			349,367			1,893			—			351,429
Rent		—			226,365			983			—			227,348
General and administrative:
Merger, acquisition and transaction costs		—			1,653			—			—			1,653
Other		—			33,346			1			—			33,347
Depreciation and amortization		—			98,810			22			—			98,832


Operating costs and expenses		169			1,238,793			4,114			—			1,243,076


Operating income (loss)		(169	)		98,377			(817	)		—			97,391
Other expense (income)
Equity in net (earnings) loss of subsidiaries		(43,517	)		218			—			43,299			—
Other income		—			(294	)		—			—			(294	)
Interest expense:
Corporate borrowings		65,680			88,449			—			(88,646	)		65,483
Capital and financing lease obligations		—			5,308			—			—			5,308
Equity in (earnings) losses of non-consolidated entities		2			(23,809	)		(13	)		—			(23,820	)
Investment income		(73,652	)		(18,065	)		(266	)		88,646			(3,337	)


Total other expense (income)		(51,487	)		51,807			(279	)		43,299			43,340


Earnings (loss) from continuing operations before income taxes		51,318			46,570			(538	)		(43,299	)		54,051
Income tax provision		—			7,430			—			—			7,430


Earnings (loss) from continuing operations		51,318			39,140			(538	)		(43,299	)		46,621
Gain from discontinued operations, net of income taxes		—			4,377			320			—			4,697


Net earnings (loss)	$	51,318		$	43,517		$	(218	)	$	(43,299	)	$	51,318

(In thousands)

AMCE

Subsidiary
Guarantors

Subsidiary
Non-Guarantors

Consolidating
Adjustments

Consolidated AMC
Entertainment Inc.

Net earnings (loss)

31,393

28,261

(519

)

(27,742

)

31,393

Equity in other comprehensive income (loss) of subsidiaries

158

(347

)

—

189

—

Foreign currency translation adjustment, net of tax

—

(252

)

(347

)

—

(599

)

Pension and other benefit adjustments:

Amortization of net gains included in net periodic benefit costs, net of tax

—

(210

)

—

(210

)

Amortization of prior service credit included in net periodic benefit costs, net of tax

—

(254

)

—

(254

)

Unrealized gains on marketable securities:

Unrealized holding gains arising during the period, net of tax

—

1,340

—

1,340

Less: reclassification adjustment for gains included in investment expense (income), net of tax

—

(11

)

—

(11

)

Unrealized gains from equity method investees' cash flow hedge:

Unrealized holding losses arising during the period, net of tax

—

(240

)

—

(240

)

Holding losses reclassified to equity in earnings of non-consolidated entities, net of tax

—

132

—

132

Other comprehensive income (loss)

158

(347

)

189

158

Total comprehensive income (loss)

31,551

28,419

(866

)

(27,553

)

31,551

(In thousands)

AMCE

Subsidiary
Guarantors

Subsidiary
Non-Guarantors

Consolidating
Adjustments

Consolidated AMC
Entertainment Inc.

Net earnings (loss)

26,885

20,293

(973

)

(19,320

)

26,885

Equity in other comprehensive income (loss) of subsidiaries

1,973

(434

)

—

(1,539

)

—

Foreign currency translation adjustment, net of tax

—

(434

)

—

(433

)

Pension and other benefit adjustments:

Amortization of net gains included in net periodic benefit costs, net of tax

—

(421

)

—

(421

)

Amortization of prior service credit included in net periodic benefit costs, net of tax

—

(508

)

—

(508

)

Unrealized gains on marketable securities:

Unrealized holding gains arising during the period, net of tax

—

3,359

—

3,359

Less: reclassification adjustment for gains included in investment expense (income), net of tax

—

(15

)

—

(15

)

Unrealized gains from equity method investees' cash flow hedge:

Unrealized holding losses arising during the period, net of tax

—

(272

)

—

(272

)

Holding losses reclassified to equity in earnings of non-consolidated entities, net of tax

—

263

—

263

Other comprehensive income (loss)

1,973

(434

)

(1,539

)

1,973

Total comprehensive income (loss)

28,858

22,266

(1,407

)

(20,859

)

28,858

(In thousands)

AMCE

Subsidiary
Guarantors

Subsidiary
Non-Guarantors

Consolidating
Adjustments

Consolidated AMC
Entertainment Inc.

Net earnings (loss)

61,576

57,888

(47

)

(57,841

)

61,576

Equity in other comprehensive income (loss) of subsidiaries

3,374

(87

)

—

(3,287

)

—

Foreign currency translation adjustment, net of tax

—

418

(87

)

—

331

Pension and other benefit adjustments:

Amortization of net gains included in net periodic benefit costs, net of tax

—

(19

)

—

(19

)

Unrealized gains on marketable securities:

Unrealized holding gains arising during the period, net of tax

—

1,147

—

1,147

Less: reclassification adjustment for gains included in investment expense (income), net of tax

—

(13

)

—

(13

)

Unrealized gains from equity method investees' cash flow hedge:

Unrealized holding gains arising during the period, net of tax

—

2,175

—

2,175

Holding gains reclassified to equity in earnings of non-consolidated entities, net of tax

—

(247

)

—

(247

)

Other comprehensive income (loss)

3,374

(87

)

(3,287

)

3,374

Total comprehensive income (loss)

64,950

61,262

(134

)

(61,128

)

64,950

(In thousands)

AMCE

Subsidiary
Guarantors

Subsidiary
Non-Guarantors

Consolidating
Adjustments

Consolidated AMC
Entertainment Inc.

Net earnings (loss)

51,318

43,517

(218

)

(43,299

)

51,318

Equity in other comprehensive income of subsidiaries

7,628

1,333

—

(8,961

)

—

Foreign currency translation adjustment, net of tax

—

632

1,333

—

1,965

Pension and other benefit adjustments:

Amortization of net gains included in net periodic benefit costs, net of tax

—

(38

)

—

(38

)

Unrealized gains on marketable securities:

Unrealized holding gains arising during the period, net of tax

—

3,501

—

3,501

Less: reclassification adjustment for gains included in investment expense (income), net of tax

—

(21

)

—

(21

)

Unrealized gains from equity method investees' cash flow hedge:

Unrealized holding gains arising during the period, net of tax

—

2,468

—

2,468

Holding gains reclassified to equity in earnings of non-consolidated entities, net of tax

—

(247

)

—

(247

)

Other comprehensive income

7,628

1,333

(8,961

)

7,628

Total comprehensive income

58,946

51,145

1,115

(52,260

)

58,946

(In thousands)

AMCE

Subsidiary
Guarantors

Subsidiary
Non-Guarantors

Consolidating
Adjustments

Consolidated AMC
Entertainment Inc.

Assets

Current assets:

Cash and equivalents

563

191,052

41,547

—

233,162

Receivables, net

(21

)

63,539

—

63,550

Deferred tax asset

—

93,396

—

93,396

Other current assets

—

81,081

1,577

—

82,658

Total current assets

542

429,068

43,156

—

472,766

Investment in equity of subsidiaries

1,627,780

17,012

—

(1,644,792

)

—

Property, net

—

1,207,311

297

—

1,207,608

Intangible assets, net

—

229,917

—

229,917

Intercompany advances

1,679,457

(1,677,059

)

(2,398

)

—

Goodwill

—

2,291,943

—

2,291,943

Deferred tax asset

—

96,824

—

96,824

Other long-term assets

14,536

396,072

—

410,629

Total assets

3,322,315

2,991,088

41,076

(1,644,792

)

4,709,687

Liabilities and Stockholder's Equity

Current liabilities:

Accounts payable

—

258,195

495

—

258,690

Accrued expenses and other liabilities

5,409

136,203

(103

)

—

141,509

Deferred revenues and income

—

159,943

—

159,944

Current maturities of corporate borrowings and capital and financing lease obligations

14,225

8,722

—

22,947

Total current liabilities

19,634

563,063

393

—

583,090

Corporate borrowings

1,776,792

6,944

—

1,783,736

Capital and financing lease obligations

—

105,478

—

105,478

Exhibitor services agreement

—

324,445

—

324,445

Other long-term liabilities

—

363,378

23,671

—

387,049

Total liabilities

1,796,426

1,363,308

24,064

—

3,183,798

Stockholder's equity

1,525,889

1,627,780

17,012

(1,644,792

)

1,525,889

Total liabilities and stockholder's equity

3,322,315

2,991,088

41,076

(1,644,792

)

4,709,687

(In thousands)

AMCE

Subsidiary
Guarantors

Subsidiary
Non-Guarantors

Consolidating
Adjustments

Consolidated AMC
Entertainment Inc.

Assets

Current assets:

Cash and equivalents

485

501,989

41,837

—

544,311

Receivables, net

(10

)

106,096

—

106,148

Deferred tax asset

—

110,097

—

110,097

Other current assets

—

79,433

1,391

—

80,824

Total current assets

475

797,615

43,290

—

841,380

Investment in equity of subsidiaries

1,617,629

18,903

—

(1,636,532

)

—

Property, net

—

1,179,666

—

1,179,754

Intangible assets, net

—

234,319

—

234,319

Intercompany advances

1,953,778

(1,953,145

)

(633

)

—

Goodwill

—

2,291,943

—

2,291,943

Deferred tax asset

—

96,824

—

96,824

Other long-term assets

7,841

394,031

632

—

402,504

Total assets

3,579,723

3,060,156

43,377

(1,636,532

)

5,046,724

Liabilities and Stockholder's Equity

Current liabilities:

Accounts payable

—

267,675

488

—

268,163

Accrued expenses and other liabilities

306

170,676

(62

)

—

170,920

Deferred revenues and income

—

202,833

—

202,833

Current maturities of corporate borrowings and capital and financing lease obligations

7,750

8,330

—

16,080

Total current liabilities

8,056

649,514

426

—

657,996

Corporate borrowings

2,062,728

6,944

—

2,069,672

Capital and financing lease obligations

—

109,258

—

109,258

Exhibitor services agreement

—

329,913

—

329,913

Other long-term liabilities

—

346,898

24,048

—

370,946

Total liabilities

2,070,784

1,442,527

24,474

—

3,537,785

Stockholder's equity

1,508,939

1,617,629

18,903

(1,636,532

)

1,508,939

Total liabilities and stockholder's equity

3,579,723

3,060,156

43,377

(1,636,532

)

5,046,724

(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

4,992

103,835

(2,579

)

—

106,248

Cash flows from investing activities:

Capital expenditures

—

(115,183

)

(25

)

—

(115,208

)

Investments in non-consolidated entities, net

—

(1,060

)

—

(1,060

)

Proceeds from the disposition of long-term assets

—

Other, net

—

1,540

—

1,540

Net cash used in investing activities

—

(114,694

)

(25

)

—

(114,719

)

Cash flows from financing activities:

Proceeds from issuance of Senior Subordinated Notes due 2022

375,000

—

375,000

Repurchase of Senior Subordinated Notes due 2019

(639,728

)

—

(639,728

)

Payment of initial public offering costs

(281

)

—

(281

)

Cash used to pay dividends to Parent

(19,489

)

(19,489

)

Deferred financing costs

(7,874

)

—

(7,874

)

Principal payments under capital and financing lease obligations

—

(3,388

)

—

(3,388

)

Principle payments under Term Loan

(3,875

)

—

(3,875

)

Principal amount of coupon payment under Senior Subordinated Notes due 2020

(3,052

)

—

(3,052

)

Change in intercompany advances

294,104

(295,869

)

1,765

—

Net cash provided by (used in) financing activities

(4,914

)

(299,538

)

1,765

—

(302,687

)

Effect of exchange rate changes on cash and equivalents

—

(540

)

549

—

Net increase (decrease) in cash and equivalents

(310,937

)

(290

)

—

(311,149

)

Cash and equivalents at beginning of period

485

501,989

41,837

—

544,311

Cash and equivalents at end of period

563

191,052

41,547

—

233,162

(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

1,195

129,215

3,094

—

133,504

Cash flows from investing activities:

Capital expenditures

—

(104,687

)

—

(104,695

)

Investments in non-consolidated entities, net

—

(2,781

)

—

(2,766

)

Acquisition of Rave theatres, net of cash acquired

—

(1,128

)

—

(1,128

)

Proceeds from the disposition of long-term assets

—

4,866

—

4,866

Other, net

—

(4,677

)

—

(4,677

)

Net cash used in investing activities

—

(108,407

)

—

(108,400

)

Cash flows from financing activities:

Proceeds from issuance of Term Loan due 2020

773,063

—

773,063

Repayment of Term Loan due 2016

(464,088

)

—

(464,088

)

Repayment of Term Loan due 2018

(296,250

)

—

(296,250

)

Deferred financing costs

(8,111

)

—

(8,111

)

Principal payments under capital and financing lease obligations

—

(3,064

)

—

(3,064

)

Principle payments under Term Loan

(3,939

)

—

(3,939

)

Payment of construction payables

—

(19,404

)

—

(19,404

)

Change in intercompany advances

(2,002

)

4,937

(2,935

)

—

Net cash used in financing activities

(1,327

)

(17,531

)

(2,935

)

—

(21,793

)

Effect of exchange rate changes on cash and equivalents

—

(57

)

(18

)

—

(75

)

Net increase (decrease) in cash and equivalents

(132

)

3,220

148

—

3,236

Cash and equivalents at beginning of period

308

89,168

41,452

—

130,928

Cash and equivalents at end of period

176

92,388

41,600

—

134,164