CONDENSED CONSOLIDATING FINANCIAL INFORMATION (Tables)

Twelve months ended December 31, 2015:

(In thousands)	AMCE			Subsidiary Guarantors			Subsidiary Non- Guarantors			Consolidating Adjustments			Consolidated AMC Entertainment Inc.
Revenues
Admissions	$	—		$	1,887,584		$	4,453		$	—		$	1,892,037
Food and beverage		—			908,153			1,933			—			910,086
Other theatre		—			144,275			502			—			144,777

Total revenues		—			2,940,012			6,888			—			2,946,900

Operating costs and expenses
Film exhibition costs		—			1,019,327			2,130			—			1,021,457
Food and beverage costs		—			128,144			425			—			128,569
Operating expense		75			791,917			3,730			—			795,722
Rent		—			465,830			1,992			—			467,822
General and administrative:
Merger, acquisition and transaction costs		—			3,398			—			—			3,398
Other		—			58,174			38			—			58,212
Depreciation and amortization		—			232,896			65			—			232,961
Impairment of long-lived assets		—			1,702			—			—			1,702

Operating costs and expenses		75			2,701,388			8,380			—			2,709,843

Operating income (loss)		(75	)		238,624			(1,492	)		—			237,057
Other expense (income)
Equity in net (earnings) loss of subsidiaries		(93,375	)		994			—			92,381			—
Other expense		—			10,684			—			—			10,684
Interest expense:
Corporate borrowings		97,163			129,517			—			(129,823	)		96,857
Capital and financing lease obligations		—			9,231			—			—			9,231
Equity in earnings of non-consolidated entities		—			(37,131	)		—			—			(37,131	)
Investment income		(107,719	)		(27,721	)		(498	)		129,823			(6,115	)

Total other expense (income)		(103,931	)		85,574			(498	)		92,381			73,526

Earnings (loss) before income taxes		103,856			153,050			(994	)		(92,381	)		163,531
Income tax provision		—			59,675			—			—			59,675

Net earnings (loss)	$	103,856		$	93,375		$	(994	)	$	(92,381	)	$	103,856

Twelve months ended December 31, 2014:

(In thousands)	AMCE			Subsidiary Guarantors			Subsidiary Non- Guarantors			Consolidating Adjustments			Consolidated AMC Entertainment Inc.
Revenues
Admissions	$	—		$	1,760,781		$	4,607		$	—		$	1,765,388
Food and beverage		—			795,789			1,946			—			797,735
Other theatre		—			131,931			336			—			132,267

Total revenues		—			2,688,501			6,889			—			2,695,390

Operating costs and expenses
Film exhibition costs		—			932,108			2,138			—			934,246
Food and beverage costs		—			111,532			459			—			111,991
Operating expense		96			729,282			3,960			—			733,338
Rent		—			453,106			2,133			—			455,239
General and administrative:
Merger, acquisition and transaction costs		—			1,161			—			—			1,161
Other		—			64,831			42			—			64,873
Depreciation and amortization		—			216,258			63			—			216,321
Impairment of long-lived assets		—			3,149			—			—			3,149

Operating costs and expenses		96			2,511,427			8,795			—			2,520,318

Operating income (loss)		(96	)		177,074			(1,906	)		—			175,072
Other expense (income)
Equity in net (earnings) loss of subsidiaries		(51,401	)		1,905			—			49,496			—
Other income		—			(8,344	)		—			—			(8,344	)
Interest expense:
Corporate borrowings		110,861			149,759			—			(149,548	)		111,072
Capital and financing lease obligations		—			9,867			—			—			9,867
Equity in earnings of non-consolidated entities		—			(26,615	)		—			—			(26,615	)
Investment expense (income)		(123,636	)		(34,056	)		(1	)		149,548			(8,145	)

Total other expense (income)		(64,176	)		92,516			(1	)		49,496			77,835

Earnings (loss) from continuing operations before income taxes		64,080			84,558			(1,905	)		(49,496	)		97,237
Income tax provision		—			33,470			—			—			33,470

Earnings (loss) from continuing operations		64,080			51,088			(1,905	)		(49,496	)		63,767
Gain from discontinued operations, net of income taxes		—			313			—			—			313

Net earnings (loss)	$	64,080		$	51,401		$	(1,905	)	$	(49,496	)	$	64,080

Twelve months ended December 31, 2013:

(In thousands)	AMCE			Subsidiary Guarantors			Subsidiary Non- Guarantors			Consolidating Adjustments			Consolidated AMC Entertainment Inc.
Revenues
Admissions	$	—		$	1,842,977		$	4,350		$	—		$	1,847,327
Food and beverage		—			785,041			1,871			—			786,912
Other theatre		—			114,922			267			—			115,189

Total revenues		—			2,742,940			6,488			—			2,749,428

Operating costs and expenses
Film exhibition costs		—			974,917			1,995			—			976,912
Food and beverage costs		—			106,926			399			—			107,325
Operating expense		(102	)		722,984			3,759			—			726,641
Rent		—			449,833			1,995			—			451,828
General and administrative:
Merger, acquisition and transaction costs		—			2,883			—			—			2,883
Other		—			97,259			29			—			97,288
Depreciation and amortization		—			197,486			51			—			197,537

Operating costs and expenses		(102	)		2,552,288			8,228			—			2,560,414

Operating income (loss)		102			190,652			(1,740	)		—			189,014
Other expense (income)
Equity in net (earnings) loss of subsidiaries		(349,185	)		1,141			—			348,044			—
Other income		—			(1,415	)		—			—			(1,415	)
Interest expense:
Corporate borrowings		130,363			173,633			—			(174,033	)		129,963
Capital and financing lease obligations		—			10,264			—			—			10,264
Equity in earnings of non-consolidated entities		2			(47,424	)		(13	)		—			(47,435	)
Investment income		(145,478	)		(30,373	)		(266	)		174,033			(2,084	)

Total other expense (income)		(364,298	)		105,826			(279	)		348,044			89,293

Earnings (loss) from continuing operations before income taxes		364,400			84,826			(1,461	)		(348,044	)		99,721
Income tax benefit		—			(263,383	)		—			—			(263,383	)

Earnings (loss) from continuing operations		364,400			348,209			(1,461	)		(348,044	)		363,104
Gain from discontinued operations, net of income taxes		—			976			320			—			1,296

Net earnings (loss)	$	364,400		$	349,185		$	(1,141	)	$	(348,044	)	$	364,400

Twelve months ended December 31, 2015:

(In thousands)	AMCE			Subsidiary Guarantors			Subsidiary Non- Guarantors			Consolidating Adjustments			Consolidated AMC Entertainment Inc.
Net earnings (loss)	$	103,856		$	93,375		$	(994	)	$	(92,381	)	$	103,856
Equity in other comprehensive income (loss) of subsidiaries		(10,040	)		552			—			9,488			—
Unrealized foreign currency translation adjustment, net of tax		—			820			552			—			1,372
Pension and other benefit adjustments:
Net gain arising during the period, net of tax		—			166			—			—			166
Prior service credit arising during the period, net of tax		—			746			—			—			746
Amortization of net gain reclassified into general and administrative: other, net of tax		—			(1,679	)		—			—			(1,679	)
Amortization of prior service credit reclassified into general and administrative: other, net of tax		—			(1,762	)		—			—			(1,762	)
Curtailment gain reclassified into general and administrative: other, net of tax		—			(7,239	)		—			—			(7,239	)
Settlement gain reclassified into general and administrative: other, net of tax		—			(196	)		—			—			(196	)
Marketable securities:
Unrealized net holding loss arising during the period, net of tax		—			(1,056	)		—			—			(1,056	)
Realized net gain reclassified into investment expense (income), net of tax		—			(156	)		—			—			(156	)
Equity method investees' cash flow hedge:
Unrealized net holding loss arising during the period, net of tax		—			(693	)		—			—			(693	)
Realized net loss reclassified into equity in earnings of non-consolidated entities, net of tax		—			457			—			—			457

Other comprehensive income (loss)		(10,040	)		(10,040	)		552			9,488			(10,040	)

Total comprehensive income (loss)	$	93,816		$	83,335		$	(442	)	$	(82,893	)	$	93,816

Twelve months ended December 31, 2014:

(In thousands)	AMCE			Subsidiary Guarantors			Subsidiary Non- Guarantors			Consolidating Adjustments			Consolidated AMC Entertainment Inc.
Net earnings (loss)	$	64,080		$	51,401		$	(1,905	)	$	(49,496	)	$	64,080
Equity in other comprehensive income (loss) of subsidiaries		(11,360	)		732			—			10,628			—
Unrealized foreign currency translation adjustment, net of tax		—			246			732			—			978
Pension and other benefit adjustments:
Net loss arising during the period, net of tax		—			(13,543	)		—			—			(13,543	)
Amortization of net gain reclassified into general and administrative: other, net of tax		—			(844	)		—			—			(844	)
Amortization of prior service credit reclassified into general and administrative: other, net of tax		—			(1,016	)		—			—			(1,016	)
Marketable securities:
Unrealized net holding gain arising during the period, net of tax		—			2,627			—			—			2,627
Realized net gain reclassified into investment expense (income), net of tax		—			(31	)		—			—			(31	)
Equity method investees' cash flow hedge:
Unrealized net holding loss arising during the period, net of tax		—			(59	)		—			—			(59	)
Realized net loss reclassified into equity in earnings of non-consolidated entities, net of tax		—			528			—			—			528

Other comprehensive income (loss)		(11,360	)		(11,360	)		732			10,628			(11,360	)

Total comprehensive income (loss)	$	52,720		$	40,041		$	(1,173	)	$	(38,868	)	$	52,720

Twelve months ended December 31, 2013:

(In thousands)	AMCE		Subsidiary Guarantors			Subsidiary Non- Guarantors			Consolidating Adjustments			Consolidated AMC Entertainment Inc.
Net earnings (loss)	$	364,400	$	349,185		$	(1,141	)	$	(348,044	)	$	364,400
Equity in other comprehensive income (loss) of subsidiaries		14,760		(559	)		—			(14,201	)		—
Unrealized foreign currency translation adjustment, net of tax		—		738			(559	)		—			179
Pension and other benefit adjustments:
Net gain arising during the period, net of tax		—		4,510			—			—			4,510
Prior service credit arising during the period, net of tax		—		9,271			—			—			9,271
Amortization of net gain reclassified into general and administrative: other, net of tax		—		(78	)		—			—			(78	)
Marketable securities:
Unrealized net holding loss arising during the period, net of tax		—		(1,622	)		—			—			(1,622	)
Realized net loss reclassified into investment expense (income), net of tax		—		925			—			—			925
Equity method investees' cash flow hedge:
Unrealized net holding gain arising during the period, net of tax		—		2,085			—			—			2,085
Realized net gain reclassified into equity in earnings of non-consolidated entities, net of tax		—		(510	)		—			—			(510	)

Other comprehensive income (loss)		14,760		14,760			(559	)		(14,201	)		14,760

Total comprehensive income (loss)	$	379,160	$	363,945		$	(1,700	)	$	(362,245	)	$	379,160

As of December 31, 2015:

(In thousands)	AMCE			Subsidiary Guarantors			Subsidiary Non- Guarantors			Consolidating Adjustments			Consolidated AMC Entertainment Inc.
Assets
Current assets:
Cash and equivalents	$	—		$	167,023		$	42,283		$	—		$	209,306
Receivables, net		(21	)		105,477			53			—			105,509
Other current assets		—			96,302			1,306			—			97,608

Total current assets		(21	)		368,802			43,642			—			412,423
Investment in equity of subsidiaries		1,638,903			31,609			—			(1,670,512	)		—
Property, net		—			1,401,686			242			—			1,401,928
Intangible assets, net		—			237,376			—			—			237,376
Intercompany advances		1,805,829			(1,811,112	)		5,283			—			—
Goodwill		—			2,408,834			—			—			2,408,834
Deferred income tax asset		—			125,903			—			—			125,903
Other long-term assets		31,454			492,057			14			—			523,525

Total assets	$	3,476,165		$	3,255,155		$	49,181		$	(1,670,512	)	$	5,109,989


Liabilities and Stockholder's Equity
Current liabilities:
Accounts payable	$	—		$	312,591		$	434		$	—		$	313,025
Accrued expenses and other liabilities		7,188			151,619			(143	)		—			158,664
Deferred revenues and income		—			221,679			—			—			221,679
Current maturities of corporate borrowings and capital and financing lease obligations		8,806			9,980			—			—			18,786

Total current liabilities		15,994			695,869			291			—			712,154
Corporate borrowings		1,920,200			4,166			—			—			1,924,366
Capital and financing lease obligations		—			93,273			—			—			93,273
Exhibitor services agreement		—			377,599			—			—			377,599
Other long-term liabilities		—			445,345			17,281			—			462,626

Total liabilities		1,936,194			1,616,252			17,572			—			3,570,018
Stockholder's equity		1,539,971			1,638,903			31,609			(1,670,512	)		1,539,971

Total liabilities and stockholder's equity	$	3,476,165		$	3,255,155		$	49,181		$	(1,670,512	)	$	5,109,989

As of December 31, 2014:

(In thousands)	AMCE			Subsidiary Guarantors			Subsidiary Non- Guarantors			Consolidating Adjustments			Consolidated AMC Entertainment Inc.
Assets
Current assets:
Cash and equivalents	$	403		$	174,117		$	41,635		$	—		$	216,155
Receivables, net		(21	)		99,224			49			—			99,252
Other current assets		—			82,981			1,362			—			84,343

Total current assets		382			356,322			43,046			—			399,750
Investment in equity of subsidiaries		1,617,873			25,158			—			(1,643,031	)		—
Property, net		—			1,246,945			285			—			1,247,230
Intangible assets, net		—			225,515			—			—			225,515
Intercompany advances		1,673,001			(1,675,584	)		2,583			—			—
Goodwill		—			2,291,943			—			—			2,291,943
Deferred tax asset		—			181,755			—			—			181,755
Other long-term assets		13,129			404,454			21			—			417,604

Total assets	$	3,304,385		$	3,056,508		$	45,935		$	(1,643,031	)	$	4,763,797


Liabilities and Stockholder's Equity
Current liabilities:
Accounts payable	$	—		$	262,288		$	347		$	—		$	262,635
Accrued expenses and other liabilities		6,102			130,213			(53	)		—			136,262
Deferred revenues and income		—			213,881			1			—			213,882
Current maturities of corporate borrowings and capital and financing lease obligations		14,484			9,114			—			—			23,598

Total current liabilities		20,586			615,496			295			—			636,377
Corporate borrowings		1,769,576			5,556			—			—			1,775,132
Capital and financing lease obligations		—			101,533			—			—			101,533
Exhibitor services agreement		—			316,815			—			—			316,815
Other long-term liabilities		—			399,235			20,482			—			419,717

Total liabilities		1,790,162			1,438,635			20,777			—			3,249,574
Stockholder's equity		1,514,223			1,617,873			25,158			(1,643,031	)		1,514,223

Total liabilities and stockholder's equity	$	3,304,385		$	3,056,508		$	45,935		$	(1,643,031	)	$	4,763,797

Twelve months ended December 31, 2015:

(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	$	15,124		$	449,121		$	3,419		$	—	$	467,664

Cash flows from investing activities:
Capital expenditures		—			(333,395	)		(28	)		—		(333,423	)
Acquisition of Starplex Cinemas, net of cash acquired		—			(172,853	)		—			—		(172,853	)
Proceeds from the disposition of long-term assets		—			604			—			—		604
Investments in non-consolidated entities		—			(1,915	)		—			—		(1,915	)
Other, net		—			(1,849	)		—			—		(1,849	)

Net cash used in investing activities		—			(509,408	)		(28	)		—		(509,436	)

Cash flows from financing activities:
Proceeds from issuance of Senior Subordinated Notes due 2025		600,000			—			—			—		600,000
Proceeds from extension and modification of Term Loan 2022		124,375			—			—			—		124,375
Repayment of Senior Subordinated Notes due 2020		(645,701	)		—			—			—		(645,701	)
Borrowings under Revolving Credit Facility		75,000			—			—			—		75,000
Principal payments under Term Loan		(5,813	)		—			—			—		(5,813	)
Principal payments under capital and financing leases		—			(7,840	)		—			—		(7,840	)
Principal payments under promissory note		—			(1,389	)		—			—		(1,389	)
Premium amount of coupon payment under Senior Subordinated Notes due 2020		(3,486	)		—			—			—		(3,486	)
Increase in deferred financing costs		(21,252	)		—			—			—		(21,252	)
Cash used to pay dividends Holdings		(78,608	)		—			—			—		(78,608	)
Change in intercompany advances		(60,042	)		62,742			(2,700	)		—		—

Net cash provided by (used in) financing activities		(15,527	)		53,513			(2,700	)		—		35,286

Effect of exchange rate changes on cash and equivalents		—			(320	)		(43	)		—		(363	)

Net decrease in cash and equivalents		(403	)		(7,094	)		648			—		(6,849	)
Cash and equivalents at beginning of period		403			174,117			41,635			—		216,155

Cash and equivalents at end of period	$	—		$	167,023		$	42,283		$	—	$	209,306

Twelve months ended December 31, 2014:

(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	$	13,212		$	280,990		$	3,100		$	—	$	297,302

Cash flows from investing activities:
Capital expenditures		—			(270,677	)		(57	)		—		(270,734	)
Proceeds from the disposition of long-term assets		—			238			—			—		238
Investments in non-consolidated entities		—			(1,522	)		—			—		(1,522	)
Other, net		—			327			—			—		327

Net cash used in investing activities		—			(271,634	)		(57	)		—		(271,691	)

Cash flows from financing activities:
Proceeds from issuance of Senior Subordinated Notes due 2022		375,000			—			—			—		375,000
Repurchase of Senior Notes due 2019		(639,728	)		—			—			—		(639,728	)
Payment of initial public offering costs		—			(281	)		—			—		(281	)
Principle payments under Term Loan		(7,750	)		—			—			—		(7,750	)
Principal payments under capital and financing lease obligations		—			(6,941	)		—			—		(6,941	)
Principal payments under promissory note		—			(1,389	)		—			—		(1,389	)
Principal amount of coupon payment under Senior Subordinated Notes due 2020		(6,227	)		—			—			—		(6,227	)
Increase in deferred financing costs		(7,952	)		—			—			—		(7,952	)
Cash used to pay dividends to Holdings		(58,504	)										(58,504	)
Change in intercompany advances		331,867			(328,651	)		(3,216	)		—		—

Net cash used in financing activities		(13,294	)		(337,262	)		(3,216	)		—		(353,772	)

Effect of exchange rate changes on cash and equivalents		—			34			(29	)		—		5

Net decrease in cash and equivalents		(82	)		(327,872	)		(202	)		—		(328,156	)
Cash and equivalents at beginning of period		485			501,989			41,837			—		544,311

Cash and equivalents at end of period	$	403		$	174,117		$	41,635		$	—	$	216,155

Twelve months ended December 31, 2013:

(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	$	3,772		$	354,520		$	(950	)	$	—	$	357,342

Cash flows from investing activities:
Capital expenditures		—			(260,633	)		(190	)		—		(260,823	)
Acquisition of Rave theatres		—			(1,128	)		—			—		(1,128	)
Proceeds from the disposition of long-term assets		—			3,880			—			—		3,880
Investments in non-consolidated entities		—			(3,280	)		15			—		(3,265	)
Other, net		—			(7,448	)		—			—		(7,448	)

Net cash used in investing activities		—			(268,609	)		(175	)		—		(268,784	)

Cash flows from financing activities:
Proceeds from issuance of Term Loan due 2020		773,063			—			—			—		773,063
Capital contribution from Holdings		355,580			—			—			—		355,580
Repayment of Term Loan due 2016		(464,088	)		—			—			—		(464,088	)
Repayment of Term Loan due 2018		(296,250	)		—			—			—		(296,250	)
Principle payments under Term Loan		(7,813	)		—			—			—		(7,813	)
Principal payments under capital and financing lease obligations		—			(6,446	)		—			—		(6,446	)
Increase in deferred financing costs		(9,126	)		—			—			—		(9,126	)
Payment of construction payables		—			(19,404	)		—			—		(19,404	)
Cash used to pay dividends to Holdings		(588	)		—			—			—		(588	)
Change in intercompany advances		(354,373	)		352,861			1,512			—		—

Net cash provided by (used in) financing activities		(3,595	)		327,011			1,512			—		324,928

Effect of exchange rate changes on cash and equivalents		—			(101	)		(2	)		—		(103	)

Net increase in cash and equivalents		177			412,821			385			—		413,383
Cash and equivalents at beginning of period		308			89,168			41,452			—		130,928

Cash and equivalents at end of period	$	485		$	501,989		$	41,837		$	—	$	544,311