NOTE 22—GUARANTOR SUBSIDIARIES

In June 2012, the Company issued in a registered exchange offer $210,000 aggregate principal amount of 7.375% Senior Secured Notes due May 15, 2019. The Senior Secured Notes are fully and unconditionally guaranteed, on a joint and several basis, by the following 100% directly or indirectly owned subsidiaries (the “Guarantor Subsidiaries”): Eastwynn Theatres, Inc., George G. Kerasotes Corporation, GKC Indiana Theatres, Inc., GKC Michigan Theatres, Inc., GKC Theatres, Inc., Military Services, Inc., Carmike Giftco, Inc., Carmike Reviews Holdings, LLC, Carmike Motion Pictures Birmingham, LLC, Carmike Motion Pictures Birmingham II, LLC, Carmike Motion Pictures Birmingham III, LLC, Carmike Motion Pictures Chattanooga, LLC, Carmike Motion Pictures Daphne, LLC, Carmike Motion Pictures Pensacola, LLC, Carmike Motion Pictures Pensacola II, LLC, Carmike Motion Pictures Indianapolis, LLC, Carmike Motion Pictures Huntsville, LLC, Carmike Motion Pictures Ft. Wayne, LLC, Carmike Motion Pictures Melbourne, LLC, Carmike Motion Pictures Peoria, LLC, Carmike Motion Pictures Port St. Lucie, LLC, Carmike Motion Pictures Orange Beach, LLC, Carmike Motion Pictures Allentown, LLC, Carmike Houston LP, LLC, Carmike Houston GP, LLC, Carmike Motion Pictures Houston, LLC and Seth Childs 12 of Kansas L.L.C.

Subsequent to the issuance of the December 31, 2012 consolidated financial statements, the Company determined it needed to revise its presentation with respect to the supplemental financial information included in this footnote. The revised presentation corrects errors identified in the allocation of interest expense, and the resulting income tax expense, between the Company and its Guarantor Subsidiaries on the consolidating statement of operations, as well as the impact of these revisions on the consolidating balance sheets and statements of cash flows. The Company had previously allocated interest expense between the Company and its Guarantor Subsidiaries while the related debt obligation was recognized only by the Company. These revisions relate solely to transactions between the Company and its subsidiaries and only impact the financial statements presented in this footnote. They do not affect the Company’s consolidated financial statements.

In the Company’s consolidating balance sheets, the Company determined that it should make adjustments to (A) intercompany receivables/payables, investments in subsidiaries and equity accounts to reflect amounts owed between the Company and its Guarantor Subsidiaries as a result of the change in interest expense allocated to the Company and its Guarantor Subsidiaries. In addition, the Company adjusted (B) accrued expenses and equity accounts for the resulting change in the allocation of income taxes to the Company and its Guarantor Subsidiaries. The following is a reconciliation of the amounts previously reported to the “as revised” amounts as stated in the following components of the consolidating balance sheets as of December 31, 2012:


Parent Column as of December 31, 2012	As Previously Reported			Adjustments				As Revised
(in thousands)
Intercompany receivables	$	92,801		$	(17,420	)	A	$	75,381
Investments in subsidiaries	$	157,522		$	8,878		A,B	$	166,400
Total assets	$	464,351		$	(8,542	)		$	455,809
Accrued expenses	$	14,601		$	(8,542	)	B	$	6,059
Total current liabilities	$	39,114		$	(8,542	)		$	30,572
Intercompany liabilities	$	—		$	—			$	—
Total long-term liabilities	$	275,803		$	—			$	275,803
Accumulated deficit	$	(189,032	)	$	—			$	(189,032	)
Total stockholders’ equity	$	149,434		$	—			$	149,434
Total liabilities and stockholders’ equity	$	464,351		$	(8,542	)		$	455,809

Guarantor Column as of December 31, 2012	As Previously Reported			Adjustments				As Revised
(in thousands)
Intercompany receivables	$	—		$	—			$	—
Investments in subsidiaries	$	126		$	(126	)	A,B	$	—
Total assets	$	503,760		$	(126	)		$	503,634
Accrued expenses	$	25,755		$	8,542		B	$	34,297
Total current liabilities	$	42,432		$	8,542			$	50,974
Intercompany liabilities	$	92,801		$	(17,420	)	A	$	75,381
Total long-term liabilities	$	303,680		$	(17,420	)		$	286,260
Accumulated deficit	$	(102,190	)	$	8,752			$	(93,438	)
Total stockholders’ equity	$	157,648		$	8,752			$	166,400
Total liabilities and stockholders’ equity	$	503,760		$	(126	)		$	503,634

Eliminations Column as of December 31, 2012	As Previously Reported			Adjustments				As Revised
(in thousands)
Intercompany receivables	$	(92,801	)	$	17,420		A	$	(75,381	)
Investments in subsidiaries	$	(157,648	)	$	(8,752	)	A,B	$	(166,400	)
Total assets	$	(255,383	)	$	8,668			$	(246,715	)
Accrued expenses	$	(307	)	$	—		B	$	(307	)
Total current liabilities	$	(4,934	)	$	—			$	(4,934	)
Intercompany liabilities	$	(92,801	)	$	17,420		A	$	(75,381	)
Total long-term liabilities	$	(92,801	)	$	17,420			$	(75,381	)
Accumulated deficit	$	102,190		$	(8,752	)		$	93,438
Total stockholders’ equity	$	(157,648	)	$	(8,752	)		$	(166,400	)
Total liabilities and stockholders’ equity	$	(255,383	)	$	8,668			$	(246,715	)

The Company’s consolidating statements of operations are being revised in order to allocate the portion of (C) interest expense, and the related income tax expense, between the Company and its Guarantor Subsidiaries.

The following is a reconciliation of the amounts previously reported to the “as revised” amounts as stated in the following components of the consolidating statements of operations for each of the years ended December 31, 2012 and 2011:


Parent Column as of December 31, 2012	As Previously Reported			Adjustments				As Revised
(in thousands)
Interest Expense	$	3,465		$	17,420		C	$	20,885
Equity in earnings of subsidiaries	$	(52,500	)	$	(8,878	)		$	(61,378	)
Income before income tax and income from unconsolidated affiliates	$	52,761		$	(8,450	)		$	44,311
Income Tax Benefit	$	(42,809	)	$	(8,597	)	C	$	(51,406	)
Income from continuing operations	$	96,430		$	147			$	96,577
Net income	$	96,308		$	—			$	96,308

Guarantor Column as of December 31, 2012	As Previously Reported			Adjustments				As Revised
(in thousands)
Interest Expense	$	32,539		$	(17,420	)	C	$	15,119
Equity in earnings of subsidiaries	$	(126	)	$	126			$	—
Income before income tax and income from unconsolidated affiliates	$	13,612		$	16,830			$	30,442
Income Tax Benefit	$	(37,981	)	$	8,483		C	$	(29,498	)
Income from continuing operations	$	51,937		$	8,347			$	60,284
Net income	$	52,626		$	8,752			$	61,378

Eliminations Column as of December 31, 2012	As Previously Reported			Adjustments				As Revised
(in thousands)
Interest Expense	$	—		$	—			$	—
Equity in earnings of subsidiaries	$	52,626		$	8,752			$	61,378
Income before income tax and income from unconsolidated affiliates	$	(52,626	)	$	(8,752	)		$	(61,378	)
Income Tax Benefit	$	—		$	—			$	—
Income from continuing operations	$	(52,626	)	$	(8,752	)		$	(61,378	)
Net income	$	(52,626	)	$	(8,752	)		$	(61,378	)

Parent Column as of December 31, 2011	As Previously Reported			Adjustments				As Revised
(in thousands)
Interest Expense	$	10,714		$	10,330		C	$	21,044
Equity in earnings of subsidiaries	$	(3,541	)	$	(4,067	)		$	(7,608	)
Income before income tax and income from unconsolidated affiliates	$	912		$	(6,048	)		$	(5,136	)
Income Tax Expense	$	10,444		$	(6,531	)	C	$	3,913
Income from continuing operations	$	(8,054	)	$	483			$	(7,571	)
Net income	$	(7,710	)	$	—			$	(7,710	)

Guarantor Column as of December 31, 2011	As Previously Reported			Adjustments				As Revised
(in thousands)
Interest Expense	$	23,399		$	(10,330	)	C	$	13,069
Equity in earnings of subsidiaries	$	—		$	—			$	—
Income before income tax and income from unconsolidated affiliates	$	3,984		$	9,672			$	13,656
Income Tax Expense	$	35		$	6,380		C	$	6,415
Income from continuing operations	$	4,268		$	3,292			$	7,560
Net income	$	3,541		$	4,067			$	7,608

Eliminations Column as of December 31, 2011	As Previously Reported			Adjustments				As Revised
(in thousands)
Interest Expense	$	—		$	—			$	—
Equity in earnings of subsidiaries	$	3,541		$	4,067			$	7,608
Income before income tax and income from unconsolidated affiliates	$	(3,541	)	$	(4,067	)		$	(7,608	)
Income Tax Expense	$	—		$	—			$	—
Income from continuing operations	$	(3,541	)	$	(4,067	)		$	(7,608	)
Net income	$	(3,541	)	$	(4,067	)		$	(7,608	)

The Company has determined that in its consolidating statements of cash flows, it needed to adjust for (D) the change in intercompany accounts due to the revised allocation of interest expense to the Company and its Guarantor Subsidiaries and (E) the classification of the net intercompany funding activity of the Company, which was previously included as an element of cash flows from financing activities.

The following is a reconciliation of the amounts previously reported to the “as revised” amounts as stated in the following components of the consolidating statements of cash flows for each of the years ended December 31, 2012 and 2011:


Parent Column as of December 31, 2012	As Previously Reported			Adjustments				As Revised
(in thousands)
Net cash provided by operating activities	$	(29,334	)	$	(17,461	)		$	(46,795	)
Cash flows from investing activities: Intercompany	$	—		$	47,690		D,E	$	47,690
Net cash used in investing activities	$	(12,236	)	$	47,690			$	35,454
Cash flows from financing activities: Intercompany	$	30,229		$	(30,229	)	D,E	$	—
Net cash used in financing activities	$	87,040		$	(30,229	)		$	56,811

Guarantor Column as of December 31, 2012	As Previously Reported			Adjustments				As Revised
(in thousands)
Net cash provided by operating activities	$	81,719		$	17,461			$	99,180
Cash flows from investing activities: Intercompany	$	—		$	—			$	—
Net cash used in investing activities	$	(40,336	)	$	—			$	(40,336	)
Cash flows from financing activities: Intercompany	$	(30,229	)	$	(17,461	)	D,E	$	(47,690	)
Net cash used in financing activities	$	(31,938	)	$	(17,461	)		$	(49,399	)

Eliminations Column as of December 31, 2012	As Previously Reported			Adjustments				As Revised
(in thousands)
Net cash provided by operating activities	$	—		$	—			$	—
Cash flows from investing activities: Intercompany	$	—		$	(47,690	)	D,E	$	(47,690	)
Net cash used in investing activities	$	—		$	(47,690	)		$	(47,690	)
Cash flows from financing activities: Intercompany	$	—		$	47,690		D,E	$	47,690
Net cash used in financing activities	$	—		$	47,690			$	47,690

Parent Column as of December 31, 2011	As Previously Reported			Adjustments				As Revised
(in thousands)
Net cash provided by operating activities	$	32,637		$	(10,330	)		$	22,307
Cash flows from investing activities: Intercompany	$	—		$	20,461		D,E	$	20,461
Net cash used in investing activities	$	(4,463	)	$	20,461			$	15,998
Cash flows from financing activities: Intercompany	$	10,131		$	(10,131	)	D,E	$	—
Net cash used in financing activities	$	(27,969	)	$	(10,131	)		$	(38,100	)

Guarantor Column as of December 31, 2011	As Previously Reported			Adjustments				As Revised
(in thousands)
Net cash provided by operating activities	$	37,250		$	10,330			$	47,580
Cash flows from investing activities: Intercompany	$	—		$	—			$	—
Net cash used in investing activities	$	(25,147	)	$	—			$	(25,147	)
Cash flows from financing activities: Intercompany	$	(10,131	)	$	(10,330	)	D,E	$	(20,461	)
Net cash used in financing activities	$	(11,758	)	$	(10,330	)		$	(22,088	)

Eliminations Column as of December 31, 2011	As Previously Reported			Adjustments				As Revised
(in thousands)
Net cash provided by operating activities	$	—		$	—			$	—
Cash flows from investing activities: Intercompany	$	—		$	(20,461	)	D,E	$	(20,461	)
Net cash used in investing activities	$	—		$	(20,461	)		$	(20,461	)
Cash flows from financing activities: Intercompany	$	—		$	20,461		D,E	$	20,461
Net cash used in financing activities	$	—		$	20,461			$	20,461

The Company is providing the following condensed consolidating financial statement information as of December 31, 2013 and 2012 and for the years ended December 31, 2013, 2012 and 2011 in accordance with SEC Regulation S-X Rule 3-10, Financial Statements of Guarantors and Issuers of Guaranteed Securities Registered or Being Registered:

CONDENSED CONSOLIDATING BALANCE SHEET


	As of December 31, 2013
	Carmike Cinemas, Inc.			Guarantor Subsidiaries			Eliminations			Consolidated
Assets:
Current assets:
Cash and cash equivalents	$	99,153		$	44,714		$	—		$	143,867
Restricted cash		352			—			—			352
Accounts receivable		7,282			9,138			(7,907	)		8,513
Inventories		766			2,925			—			3,691
Deferred income tax asset		4,162			—			(324	)		3,838
Prepaid expenses and other current assets		9,071			9,314			(3,740	)		14,645

Total current assets		120,786			66,091			(11,971	)		174,906

Property and equipment:
Land		12,080			41,902			—			53,982
Buildings and building improvements		48,104			292,855			—			340,959
Leasehold improvements		22,040			142,035			—			164,075
Assets under capital leases		8,675			40,995			—			49,670
Equipment		70,045			183,845			—			253,890
Construction in progress		3,613			3,588			—			7,201

Total property and equipment		164,557			705,220			—			869,777
Accumulated depreciation and amortization		(84,861	)		(317,161	)		—			(402,022	)

Property and equipment, net of accumulated depreciation		79,696			388,059			—			467,755
Intercompany receivables		112,209			—			(112,209	)		—
Investments in subsidiaries		175,042			—			(175,042	)		—
Goodwill		6,912			67,465			—			74,377
Intangible assets, net of accumulated amortization		—			957			—			957
Investments in unconsolidated affiliates		6,188			885			—			7,073
Deferred income tax asset		56,858			43,185			—			100,043
Other assets		12,922			6,588			—			19,510

Total assets	$	570,613		$	573,230		$	(299,222	)	$	844,621

Liabilities and stockholders’ equity:
Current liabilities:
Accounts payable	$	34,766		$	16,462		$	(7,907	)	$	43,321
Accrued expenses		9,731			36,912			(4,064	)		42,579
Current maturities of capital leases and long-term financing obligations		836			6,034			—			6,870

Total current liabilities		45,333			59,408			(11,971	)		92,770

Long-term liabilities:
Long-term debt		209,619			—			—			209,619
Capital leases and long-term financing obligations, less current maturities		32,497			206,266			—			238,763
Intercompany liabilities		—			112,209			(112,209	)		—
Deferred revenue		31,827			—			—			31,827
Other		5,526			20,305			—			25,831

Total long-term liabilities		279,469			338,780			(112,209	)		506,040

Stockholders’ equity:
Preferred stock		—			—			—			—
Common stock		698			1			(1	)		698
Treasury stock		(11,914	)		—			—			(11,914	)
Paid-in capital		440,306			260,013			(260,013	)		440,306
Accumulated deficit		(183,279	)		(84,972	)		84,972			(183,279	)

Total stockholders’ equity		245,811			175,042			(175,042	)		245,811

Total liabilities and stockholders’ equity	$	570,613		$	573,230		$	(299,222	)	$	844,621

REVISED CONDENSED CONSOLIDATING BALANCE SHEET


	As of December 31, 2012 As Revised
	Carmike Cinemas, Inc.			Guarantor Subsidiaries			Eliminations			Consolidated
Assets:
Current assets:
Cash and cash equivalents	$	49,093		$	19,438		$	—		$	68,531
Restricted cash		293			—			—			293
Accounts receivable		5,058			6,124			(4,627	)		6,555
Inventories		926			3,260			—			4,186
Deferred income tax asset		3,203			—			(307	)		2,896
Prepaid expenses and other assets		3,426			7,510			—			10,936

Total current assets		61,999			36,332			(4,934	)		93,397

Property and equipment:
Land		12,080			39,796			—			51,876
Buildings and building improvements		45,571			290,167			—			335,738
Leasehold improvements		19,200			122,558			—			141,758
Assets under capital leases		8,675			36,295			—			44,970
Equipment		64,167			171,056			—			235,223
Construction in progress		1,352			3,833			—			5,185

Total property and equipment		151,045			663,705			—			814,750
Accumulated depreciation and amortization		(77,302	)		(292,521	)		—			(369,823	)

Property and equipment, net of accumulated depreciation		73,743			371,184			—			444,927
Intercompany receivables		75,381			—			(75,381	)		—
Investments in subsidiaries		166,400			—			(166,400	)		—
Goodwill		—			44,577			—			44,577
Intangible assets, net of accumulated amortization		—			1,061			—			1,061
Investments in unconsolidated affiliates		6,740			942			—			7,682
Deferred income tax asset		57,247			42,765			—			100,012
Assets held for sale		—			—			—			—
Other assets		14,299			6,773			—			21,072

Total assets	$	455,809		$	503,634		$	(246,715	)	$	712,728

Liabilities and stockholders’ equity:
Current liabilities:
Accounts payable	$	24,071		$	12,697		$	(4,627	)	$	32,141
Accrued expenses		6,059			34,297			(307	)		40,049
Current maturities, capital leases and long-term financing obligations		442			3,980			—			4,422

Total current liabilities		30,572			50,974			(4,934	)		76,612

Long-term liabilities:
Long-term debt		209,548			—			—			209,548
Capital leases and long-term financing obligations, less current maturities		27,876			192,849			—			220,725
Intercompany liabilities		—			75,381			(75,381	)		—
Deferred revenue		32,984			—			—			32,984
Other		5,395			18,030			—			23,425

Total long-term liabilities		275,803			286,260			(75,381	)		486,682

Stockholders’ equity:
Preferred stock		—			—			—			—
Common stock		540			1			(1	)		540
Treasury stock		(11,740	)		—			—			(11,740	)
Paid-in capital		349,666			259,837			(259,837	)		349,666
Accumulated deficit		(189,032	)		(93,438	)		93,438			(189,032	)

Total stockholders’ equity		149,434			166,400			(166,400	)		149,434

Total liabilities and stockholders’ equity	$	455,809		$	503,634		$	(246,715	)	$	712,728

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS


	Year Ended December 31, 2013
	Carmike Cinemas, Inc.			Guarantor Subsidiaries		Eliminations			Consolidated
Revenues:
Admissions	$	55,410		$	343,200	$	—		$	398,610
Concessions and other		67,472			200,504		(31,751	)		236,225

Total operating revenues		122,882			543,704		(31,751	)		634,835

Operating costs and expenses:
Film exhibition costs		30,740			189,520		—			220,260
Concession costs		4,396			24,656		—			29,052
Other theatre operating costs		40,735			241,452		(31,751	)		250,436
General and administrative expenses		23,521			2,317		—			25,838
Lease termination charges		—			3,063		—			3,063
Severance agreement charges		253			—		—			253
Depreciation and amortization		7,843			34,535		—			42,378
Loss on sale of property and equipment		2			273		—			275
Impairment of long-lived assets		43			3,683		—			3,726

Total operating costs and expenses		107,533			499,499		(31,751	)		575,281

Operating income		15,349			44,205		—			59,554
Interest expense		21,630			27,916		—			49,546
Equity in earnings of subsidiaries		(8,466	)		—		8,466			—

Income before income tax and income from unconsolidated affiliates		2,185			16,289		(8,466	)		10,008
Income tax expense		(2,442	)		8,546		—			6,104
Income from unconsolidated affiliates		1,252			391		—			1,643

Income (loss) from continuing operations		5,879			8,134		(8,466	)		5,547
(Loss) income from discontinued operations		(126	)		332		—			206

Net income	$	5,753		$	8,466	$	(8,466	)	$	5,753

REVISED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS


	Year Ended December 31, 2012 As Revised
	Carmike Cinemas, Inc.			Guarantor Subsidiaries			Eliminations			Consolidated
Revenues:
Admissions	$	56,132		$	283,461		$	—		$	339,593
Concessions and other		58,505			161,206			(25,391	)		194,320

Total operating revenues		114,637			444,667			(25,391	)		533,913

Operating costs and expenses:
Film exhibition costs		29,959			154,149			—			184,108
Concession costs		3,970			19,050			—			23,020
Other theatre operating costs		40,612			193,736			(25,391	)		208,957
General and administrative expenses		22,259			2,288			—			24,547
Severance agreement charges		473			—			—			473
Depreciation and amortization		7,201			26,072			—			33,273
Loss on sale of property and equipment		778			190			—			968
Impairment of long-lived assets		606			3,621			—			4,227

Total operating costs and expenses		105,858			399,106			(25,391	)		479,573

Operating income		8,779			45,561			—			54,340
Interest expense		20,885			15,119			—			36,004
Loss on extinguishment of debt		4,961			—			—			4,961
Equity in earnings of subsidiaries		(61,378	)		—			61,378			—

Income before income tax and income from unconsolidated affiliates		44,311			30,442			(61,378	)		13,375
Income tax benefit		(51,406	)		(29,498	)		—			(80,904	)
Income from unconsolidated affiliates		860			344			—			1,204

Income from continuing operations		96,577			60,284			(61,378	)		95,483
(Loss) income from discontinued operations		(269	)		1,094			—			825

Net income	$	96,308		$	61,378		$	(61,378	)	$	96,308

REVISED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS


	Year Ended December 31, 2011 As Revised
	Carmike Cinemas, Inc.			Guarantor Subsidiaries		Eliminations			Consolidated
Revenues:
Admissions	$	53,182		$	250,096	$	—		$	303,278
Concessions and other		53,492			138,609		(23,351	)		168,750

Total operating revenues		106,674			388,705		(23,351	)		472,028

Operating costs and expenses:
Film exhibition costs		28,176			135,670		—			163,846
Concession costs		3,528			15,952		—			19,480
Other theatre operating costs		40,194			180,909		(23,351	)		197,752
General and administrative expenses		16,961			2,123		—			19,084
Severance agreement charges		845			—		—			845
Depreciation and amortization		6,925			24,865		—			31,790
Loss on sale of property and equipment		173			160		—			333
Write-off note receivable		750			—		—			750
Impairment of long-lived assets		822			2,301		—			3,123

Total operating costs and expenses		98,374			361,980		(23,351	)		437,003

Operating income		8,300			26,725		—			35,025
Interest expense		21,044			13,069		—			34,113
Equity in earnings of subsidiaries		(7,608	)		—		7,608			—

Income before income tax and income from unconsolidated affiliates		(5,136	)		13,656		(7,608	)		912
Income tax expense		3,913			6,415		—			10,328
Income from unconsolidated affiliates		1,478			319		—			1,797

(Loss) income from continuing operations		(7,571	)		7,560		(7,608	)		(7,619	)
(Loss) income from discontinued operations		(139	)		48		—			(91	)

Net (loss) income	$	(7,710	)	$	7,608	$	(7,608	)	$	(7,710	)

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS


	For the Year Ended December 31, 2013
	Carmike Cinemas, Inc.			Guarantor Subsidiaries			Eliminations			Consolidated
Net cash provided by operating activities	$	15,865		$	54,924		$	—		$	70,789

Cash flows from investing activities:
Purchases of property and equipment		(7,718	)		(30,094	)		—			(37,812	)
Theatre acquistions		(8,760	)		(34,168	)		—			(42,928	)
Investment in unconsolidated affiliates		—			(20	)		—			(20	)
Proceeds from sale of property and equipment		6			1,798			—			1,804
Other investing activities		(59	)		—			—			(59	)
Intercompany receivable/payable		(36,828	)		—			36,828			—

Net cash used in investing activities		(53,359	)		(62,484	)		36,828			(79,015	)
Cash flows from financing activities:
Repayments of capital leases and long-term financing obligations		(440	)		(3,992	)		—			(4,432	)
Issuance of common stock		88,043			—			—			88,043
Proceeds from exercise of stock options		125			—			—			125
Purchase of treasury stock		(174	)		—			—			(174	)
Intercompany receivable/payable		—			36,828			(36,828	)		—

Net cash provided by financing activities		87,554			32,836			(36,828	)		83,562

Increase in cash and cash equivalents		50,060			25,276			—			75,336
Cash and cash equivalents at beginning of period		49,093			19,438			—			68,531

Cash and cash equivalents at end of period	$	99,153		$	44,714		$	—		$	143,867

REVISED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS


	For the Year Ended December 31, 2012 As Revised
	Carmike Cinemas, Inc.			Guarantor Subsidiaries			Eliminations			Consolidated
Net cash (used in) provided by operating activities	$	(46,795	)	$	99,180		$	—		$	52,385

Cash flows from investing activities:
Purchases of property and equipment		(14,340	)		(20,719	)		—			(35,059	)
Theatre acquistion		—			(22,237	)		—			(22,237	)
Investment in unconsolidated affiliates		—			(55	)		—			(55	)
Proceeds from sale of property and equipment		2,066			2,675			—			4,741
Other investing activities		38			—			—			38
Intercompany receivable/payable		47,690			—			(47,690	)		—

Net cash used in investing activities		35,454			(40,336	)		(47,690	)		(52,572	)
Cash flows from financing activities:
Short-term borrowings		5,000			—			—			5,000
Repayments of short term borrowings		(5,000	)		—			—			(5,000	)
Issuance of long-term debt		209,500			—			—			209,500
Repayments of long-term debt		(200,229	)		—			—			(200,229	)
Debt issuance costs		(8,621	)		—			—			(8,621	)
Repayments of capital leases and long-term financing obligations		(348	)		(1,709	)		—			(2,057	)
Issuance of common stock		56,566			—			—			56,566
Purchase of treasury stock		(57	)		—			—			(57	)
Intercompany receivable/payable		—			(47,690	)		47,690			—

Net cash provided by (used in) financing activities		56,811			(49,399	)		47,690			55,102

Increase in cash and cash equivalents		45,470			9,445			—			54,915
Cash and cash equivalents at beginning of period		3,623			9,993			—			13,616

Cash and cash equivalents at end of period	$	49,093		$	19,438		$	—		$	68,531

REVISED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS


	For the Year Ended December 31, 2011 as Revised
	Carmike Cinemas, Inc.			Guarantor Subsidiaries			Eliminations			Consolidated
Net cash provided by operating activities	$	22,307		$	47,580		$	—		$	69,887

Cash flows from investing activities:
Purchases of property and equipment		(5,497	)		(13,785	)		—			(19,282	)
Theatre acquistion		—			(11,800	)		—			(11,800	)
Investment in unconsolidated affiliates		(718	)		—			—			(718	)
Proceeds from sale of property and equipment		1,748			438			—			2,186
Other investing activities		4			—			—			4
Intercompany receivable/payable		20,461			—			(20,461	)		—

Net cash used in investing activities		15,998			(25,147	)		(20,461	)		(29,610	)
Cash flows from financing activities:
Short-term borrowings		5,000			—			—			5,000
Repayments of short term borrowings		(5,000	)		—			—			(5,000	)
Repayments of long-term debt		(37,486	)		(1,627	)		—			(39,113	)
Intercompany receivable/payable		—			(20,461	)		20,461			—
Other financing activies		(614	)		—			—			(614	)

Net cash used in financing activities		(38,100	)		(22,088	)		20,461			(39,727	)

Increase in cash and cash equivalents		205			345			—			550
Cash and cash equivalents at beginning of period		3,418			9,648			—			13,066

Cash and cash equivalents at end of period	$	3,623		$	9,993		$	—		$	13,616