Three months ended September 30, 2014:

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

Revenues
Admissions	$	—		$	416,306		$	1,142		$	—		$	417,448
Food and beverage		—			188,591			474			—			189,065
Other theatre		—			27,293			98			—			27,391


Total revenues		—			632,190			1,714			—			633,904


Operating costs and expenses
Film exhibition costs		—			220,012			596			—			220,608
Food and beverage costs		—			27,095			114			—			27,209
Operating expense		49			176,972			928			—			177,949
Rent		—			111,715			543			—			112,258
General and administrative:
Merger, acquisition and transaction costs		—			78			—			—			78
Other		—			12,951			10			—			12,961
Depreciation and amortization		—			54,316			11			—			54,327


Operating costs and expenses		49			603,139			2,202			—			605,390


Operating income (loss)		(49	)		29,051			(488	)		—			28,514
Other expense (income)
Equity in net (earnings) loss of subsidiaries		(4,292	)		488			—			3,804			—
Other income		—			(11	)		—			—			(11	)
Interest expense:
Corporate borrowings		26,821			36,503			—			(36,427	)		26,897
Capital and financing lease obligations		—			2,448			—			—			2,448
Equity in earnings of non-consolidated entities		—			(13,087	)		—			—			(13,087	)
Investment expense (income)		(29,954	)		(6,292	)		—			36,427			181


Total other expense (income)		(7,425	)		20,049			—			3,804			16,428


Earnings (loss) from continuing operations before income taxes		7,376			9,002			(488	)		(3,804	)		12,086
Income tax provision		—			4,710			—			—			4,710


Net earnings (loss)	$	7,376		$	4,292		$	(488	)	$	(3,804	)	$	7,376

Nine months ended September 30, 2014:

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

Revenues
Admissions	$	—		$	1,301,733		$	3,402		$	—		$	1,305,135
Food and beverage		—			580,978			1,448			—			582,426
Other theatre		—			95,433			241			—			95,674


Total revenues		—			1,978,144			5,091			—			1,983,235


Operating costs and expenses
Film exhibition costs		—			688,307			1,621			—			689,928
Food and beverage costs		—			82,328			345			—			82,673
Operating expense		(15	)		543,979			2,961			—			546,925
Rent		—			339,501			1,562			—			341,063
General and administrative:
Merger, acquisition and transaction costs		—			1,012			—			—			1,012
Other		—			46,318			12			—			46,330
Depreciation and amortization		—			160,802			52			—			160,854


Operating costs and expenses		(15	)		1,862,247			6,553			—			1,868,785


Operating income (loss)		15			115,897			(1,462	)		—			114,450
Other expense (income)
Equity in net (earnings) loss of subsidiaries		(24,585	)		1,461			—			23,124			—
Other income		—			(8,397	)		—			—			(8,397	)
Interest expense:
Corporate borrowings		84,376			113,799			—			(113,631	)		84,544
Capital and financing lease obligations		—			7,459			—			—			7,459
Equity in earnings of non-consolidated entities		—			(17,300	)		—			—			(17,300	)
Investment income		(94,037	)		(27,097	)		(1	)		113,631			(7,504	)


Total other expense (income)		(34,246	)		69,925			(1	)		23,124			58,802


Earnings (loss) from continuing operations before income taxes		34,261			45,972			(1,461	)		(23,124	)		55,648
Income tax provision		—			21,700			—			—			21,700


Earnings (loss) from continuing operations		34,261			24,272			(1,461	)		(23,124	)		33,948
Gain from discontinued operations, net of income taxes		—			313			—			—			313


Net earnings (loss)	$	34,261		$	24,585		$	(1,461	)	$	(23,124	)	$	34,261

Three months ended September 30, 2013:

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

Revenues
Admissions	$	—		$	465,941		$	1,047		$	—		$	466,988
Food and beverage		—			201,164			448			—			201,612
Other theatre		—			27,332			52			—			27,384


Total revenues		—			694,437			1,547			—			695,984


Operating costs and expenses
Film exhibition costs		—			241,533			473			—			242,006
Food and beverage costs		—			26,191			93			—			26,284
Operating expense		5			181,717			908			—			182,630
Rent		—			111,365			500			—			111,865
General and administrative:
Merger, acquisition and transaction costs		—			299			—			—			299
Other		—			26,449			1			—			26,450
Depreciation and amortization		—			48,593			10			—			48,603


Operating costs and expenses		5			636,147			1,985			—			638,137


Operating income (loss)		(5	)		58,290			(438	)		—			57,847
Other expense (income)
Equity in net (earnings) loss of subsidiaries		(29,913	)		438			—			29,475			—
Other expense		—			110			—			—			110
Interest expense:
Corporate borrowings		32,359			42,620			—			(42,758	)		32,221
Capital and financing lease obligations		—			2,606			—			—			2,606
Equity in earnings of non-consolidated entities		—			(14,323	)		—			—			(14,323	)
Investment income		(35,916	)		(6,911	)		—			42,758			(69	)


Total other expense (income)		(33,470	)		24,540			—			29,475			20,545


Earnings (loss) from continuing operations before income taxes		33,465			33,750			(438	)		(29,475	)		37,302
Income tax provision		—			3,430			—			—			3,430


Earnings (loss) from continuing operations		33,465			30,320			(438	)		(29,475	)		33,872
Loss from discontinued operations, net of income taxes		—			(407	)		—			—			(407	)


Net earnings (loss)	$	33,465		$	29,913		$	(438	)	$	(29,475	)	$	33,465

Nine months ended September 30, 2013:

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

Revenues
Admissions	$	—		$	1,361,942		$	3,236		$	—		$	1,365,178
Food and beverage		—			587,634			1,392			—			589,026
Other theatre		—			82,031			216			—			82,247


Total revenues		—			2,031,607			4,844			—			2,036,451


Operating costs and expenses
Film exhibition costs		—			717,241			1,484			—			718,725
Food and beverage costs		—			79,735			297			—			80,032
Operating expense		174			531,084			2,801			—			534,059
Rent		—			337,730			1,483			—			339,213
General and administrative:
Merger, acquisition and transaction costs		—			1,952			—			—			1,952
Other		—			59,795			2			—			59,797
Depreciation and amortization		—			147,403			32			—			147,435


Operating costs and expenses		174			1,874,940			6,099			—			1,881,213


Operating income (loss)		(174	)		156,667			(1,255	)		—			155,238
Other expense (income)
Equity in net (earnings) loss of subsidiaries		(73,430	)		656			—			72,774			—
Other income		—			(184	)		—			—			(184	)
Interest expense:
Corporate borrowings		98,039			131,069			—			(131,404	)		97,704
Capital and financing lease obligations		—			7,914			—			—			7,914
Equity in (earnings) losses of non-consolidated entities		2			(38,132	)		(13	)		—			(38,143	)
Investment income		(109,568	)		(24,976	)		(266	)		131,404			(3,406	)


Total other expense (income)		(84,957	)		76,347			(279	)		72,774			63,885


Earnings (loss) from continuing operations before income taxes		84,783			80,320			(976	)		(72,774	)		91,353
Income tax provision		—			10,860			—			—			10,860


Earnings (loss) from continuing operations		84,783			69,460			(976	)		(72,774	)		80,493
Gain from discontinued operations, net of income taxes		—			3,970			320			—			4,290


Net earnings (loss)	$	84,783		$	73,430		$	(656	)	$	(72,774	)	$	84,783

(In thousands)

AMCE

Subsidiary
Guarantors

Subsidiary
Non-
Guarantors

Consolidating
Adjustments

Consolidated AMC
Entertainment Inc.

Net earnings (loss)

7,376

4,292

(488

)

(3,804

)

7,376

Equity in other comprehensive income (loss) of subsidiaries

(1,440

)

689

—

751

—

Foreign currency translation adjustment, net of tax

—

401

689

—

1,090

Pension and other benefit adjustments:

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

—

(211

)

—

(211

)

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

—

(254

)

—

(254

)

Unrealized gain on marketable securities:

Unrealized holding losses arising during the period, net of tax

—

(2,597

)

—

(2,597

)

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

—

(10

)

—

(10

)

Unrealized gains from equity method investees' cash flow hedge:

Unrealized holding gains arising during the period, net of tax

—

408

—

408

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

—

134

—

134

Other comprehensive income (loss)

(1,440

)

(1,440

)

689

751

(1,440

)

Total comprehensive income

5,936

2,852

201

(3,053

)

5,936

(In thousands)

AMCE

Subsidiary
Guarantors

Subsidiary
Non-
Guarantors

Consolidating
Adjustments

Consolidated AMC
Entertainment Inc.

Net earnings (loss)

34,261

24,585

(1,461

)

(23,124

)

34,261

Equity in other comprehensive income of subsidiaries

533

255

—

(788

)

—

Foreign currency translation adjustment, net of tax

—

402

255

—

657

Pension and other benefit adjustments:

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

—

(632

)

—

(632

)

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

—

(762

)

—

(762

)

Unrealized gain on marketable securities:

Unrealized holding gains arising during the period, net of tax

—

762

—

762

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

—

(25

)

—

(25

)

Unrealized gains from equity method investees' cash flow hedge:

Unrealized holding gains arising during the period, net of tax

—

136

—

136

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

—

397

—

397

Other comprehensive income

533

255

(788

)

533

Total comprehensive income (loss)

34,794

25,118

(1,206

)

(23,912

)

34,794

(In thousands)

AMCE

Subsidiary
Guarantors

Subsidiary
Non-Guarantors

Consolidating
Adjustments

Consolidated AMC
Entertainment Inc.

Net earnings (loss)

33,465

29,913

(438

)

(29,475

)

33,465

Equity in other comprehensive loss of subsidiaries

(10,288

)

(1,357

)

—

11,645

—

Foreign currency translation adjustment, net of tax

—

(267

)

(1,357

)

—

(1,624

)

Pension and other benefit adjustments:

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

—

(20

)

—

(20

)

Unrealized gain on marketable securities:

Unrealized holding losses arising during the period, net of tax

—

(8,342

)

—

(8,342

)

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

—

(280

)

—

(280

)

Unrealized gains from equity method investees' cash flow hedge:

Unrealized holding gains arising during the period, net of tax

—

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

—

(43

)

—

(43

)

Other comprehensive loss

(10,288

)

(10,288

)

(1,357

)

11,645

(10,288

)

Total comprehensive income (loss)

23,177

19,625

(1,795

)

(17,830

)

23,177

(In thousands)

AMCE

Subsidiary
Guarantors

Subsidiary
Non-Guarantors

Consolidating
Adjustments

Consolidated AMC
Entertainment Inc.

Net earnings (loss)

84,783

73,430

(656

)

(72,774

)

84,783

Equity in other comprehensive loss of subsidiaries

(2,660

)

(24

)

—

2,684

—

Foreign currency translation adjustment, net of tax

—

365

(24

)

—

341

Pension and other benefit adjustments:

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

—

(58

)

—

(58

)

Unrealized gain on marketable securities:

Unrealized holding losses arising during the period, net of tax

—

(4,841

)

—

(4,841

)

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

—

(301

)

—

(301

)

Unrealized gains from equity method investees' cash flow hedge:

Unrealized holding gains (losses) arising during the period, net of tax

—

2,489

—

2,489

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

—

(290

)

—

(290

)

Other comprehensive loss

(2,660

)

(2,660

)

(24

)

2,684

(2,660

)

Total comprehensive income (loss)

82,123

70,770

(680

)

(70,090

)

82,123

(In thousands)

AMCE

Subsidiary
Guarantors

Subsidiary
Non-Guarantors

Consolidating
Adjustments

Consolidated AMC
Entertainment Inc.

Assets

Current assets:

Cash and equivalents

513

111,554

41,388

—

153,455

Receivables, net

(21

)

42,919

—

42,938

Deferred tax asset

—

90,091

—

90,091

Other current assets

—

79,151

1,584

—

80,735

Total current assets

492

323,715

43,012

—

367,219

Investment in equity of subsidiaries

1,613,427

21,620

—

(1,635,047

)

—

Property, net

—

1,213,747

289

—

1,214,036

Intangible assets, net

—

227,716

—

227,716

Intercompany advances

1,684,877

(1,685,369

)

492

—

Goodwill

—

2,291,943

—

2,291,943

Deferred tax asset

—

96,824

—

96,824

Other long-term assets

13,837

401,393

—

415,251

Total assets

3,312,633

2,891,589

43,814

(1,635,047

)

4,612,989

Liabilities and Stockholder's Equity

Current liabilities:

Accounts payable

—

181,286

441

—

181,727

Accrued expenses and other liabilities

14,430

134,097

(136

)

—

148,391

Deferred revenues and income

—

150,065

—

150,065

Current maturities of corporate borrowings and capital and financing lease obligations

14,225

8,919

—

23,144

Total current liabilities

28,655

474,367

305

—

503,327

Corporate borrowings

1,773,325

6,945

—

1,780,270

Capital and financing lease obligations

—

103,525

—

103,525

Exhibitor services agreement

—

320,630

—

320,630

Other long-term liabilities

—

372,695

21,889

—

394,584

Total liabilities

1,801,980

1,278,162

22,194

—

3,102,336

Stockholder's equity

1,510,653

1,613,427

21,620

(1,635,047

)

1,510,653

Total liabilities and stockholder's equity

3,312,633

2,891,589

43,814

(1,635,047

)

4,612,989

(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 operating activities

16,283

101,583

724

—

118,590

Cash flows from investing activities:

Capital expenditures

—

(182,928

)

(40

)

—

(182,968

)

Investments in non-consolidated entities, net

—

(1,471

)

—

(1,471

)

Proceeds from the disposition of long-term assets

—

Other, net

—

939

—

939

Net cash used in investing activities

—

(183,451

)

(40

)

—

(183,491

)

Cash flows from financing activities:

Proceeds from issuance of Senior Subordinated Notes due 2022

375,000

—

375,000

Repurchase of Subordinated Notes due 2019

(639,728

)

—

(639,728

)

Payment of initial public offering costs

—

(281

)

—

(281

)

Cash used to pay dividends to Parent

(39,003

)

—

(39,003

)

Deferred financing costs

(7,952

)

—

(7,952

)

Principal payments under capital and financing lease obligations

—

(5,144

)

—

(5,144

)

Principle payments under Term Loan

(5,813

)

—

(5,813

)

Principal amount of coupon payment under Senior Subordinated Notes due 2020

(3,052

)

—

(3,052

)

Change in intercompany advances

304,293

(303,168

)

(1,125

)

—

Net cash used in financing activities

(16,255

)

(308,593

)

(1,125

)

—

(325,973

)

Effect of exchange rate changes on cash and equivalents

—

)

—

Net increase (decrease) in cash and equivalents

(390,435

)

(449

)

—

(390,856

)

Cash and equivalents at beginning of period

485

501,989

41,837

—

544,311

Cash and equivalents at end of period

513

111,554

41,388

—

153,455

(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

30,193

174,272

(243

)

—

204,222

Cash flows from investing activities:

Capital expenditures

—

(175,353

)

—

(175,361

)

Investments in non-consolidated entities, net

—

(3,028

)

—

(3,013

)

Acquisition of Rave theatres

—

(1,128

)

—

(1,128

)

Proceeds from the disposition of long-term assets

—

4,646

—

4,646

Other, net

—

(5,422

)

—

(5,422

)

Net cash provided by (used in) investing activities

—

(180,285

)

—

(180,278

)

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

(9,106

)

—

(9,106

)

Principal payments under capital and financing lease obligations

—

(4,651

)

—

(4,651

)

Principle payments under Term Loan

(5,876

)

—

(5,876

)

Payment of construction payables

—

(19,404

)

—

(19,404

)

Change in intercompany advances

(28,034

)

27,809

225

—

Net cash provided by (used in) financing activities

(30,291

)

3,754

225

—

(26,312

)

Effect of exchange rate changes on cash and equivalents

—

(65

)

(10

)

—

(75

)

Net decrease in cash and equivalents

(98

)

(2,324

)

(21

)

—

(2,443

)

Cash and equivalents at beginning of period

308

89,168

41,452

—

130,928

Cash and equivalents at end of period

210

86,844

41,431

—

128,485