Consolidating Financial Information of Guarantors and Issuers (Tables)

6 Months Ended

Jun. 30, 2013

Condensed Consolidated Financial Information [Abstract]

Condensed Consolidating Balance Sheet

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING BALANCE SHEET

June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)		Co-Issuer Subsidiary (Magnum)		Co-Issuer Subsidiary (Cedar Canada)		Guarantor Subsidiaries		Eliminations			Total
ASSETS
Current Assets:
Cash and cash equivalents	$	—	$	—	$	21,745	$	27,904	$	(6,021	)	$	43,628
Receivables	2,960		89,760		86,590		517,925		(630,036		)	67,199
Inventories	—		4,639		4,182		36,631		—			45,452
Current deferred tax asset	—		23,822		816		3,664		—			28,302
Prepaid advertising	—		9,181		1,579		5,854		—			16,614
Other current assets	620		2,259		487		13,908		—			17,274
	3,580		129,661		115,399		605,886		(636,057		)	218,469
Property and Equipment (net)	463,783		994		250,249		835,875		—			1,550,901
Investment in Park	447,080		735,017		129,942		38,992		(1,351,031		)	—
Goodwill	9,061		—		119,201		111,218		—			239,480
Other Intangibles, net	—		—		16,880		22,839		—			39,719
Deferred Tax Asset	—		34,028		—		90		(34,118		)	—
Intercompany Receivable	874,125		1,123,159		1,165,828		—		(3,163,112		)	—
Other Assets	13,605		9,382		7,112		2,227		—			32,326
	$	1,811,234	$	2,032,241	$	1,804,611	$	1,617,127	$	(5,184,318	)	$	2,080,895
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Current maturities of long-term debt	$	6,300	$	6,300	$	6,300	$	—	$	(12,600	)	$	6,300
Accounts payable	155,522		208,924		7,971		285,379		(623,457		)	34,339
Deferred revenue	—		—		18,719		113,646		—			132,365
Accrued interest	5,189		3,563		15,192		—		—			23,944
Accrued taxes	6,534		458		181		2,848		—			10,021
Accrued salaries, wages and benefits	1		18,642		2,153		9,100		—			29,896
Self-insurance reserves	—		5,535		1,727		17,330		—			24,592
Other accrued liabilities	860		4,421		715		2,793		—			8,789
	174,406		247,843		52,958		431,096		(636,057		)	270,246
Deferred Tax Liability	—		—		61,544		126,866		(34,118		)	154,292
Derivative Liability	16,039		10,733		—		—		—			26,772
Other Liabilities	—		5,296		—		3,500		—			8,796
Long-Term Debt:
Revolving credit loans	58,000		58,000		58,000		—		(116,000		)	58,000
Term debt	622,125		622,125		622,125		—		(1,244,250		)	622,125
Notes	901,431		901,431		901,431		—		(1,802,862		)	901,431
	1,581,556		1,581,556		1,581,556		—		(3,163,112		)	1,581,556
Equity	39,233		186,813		108,553		1,055,665		(1,351,031		)	39,233
	$	1,811,234	$	2,032,241	$	1,804,611	$	1,617,127	$	(5,184,318	)	$	2,080,895

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING BALANCE SHEET

December 31, 2012

(In thousands)

	Cedar Fair L.P. (Parent)		Co-Issuer Subsidiary (Magnum)		Co-Issuer Subsidiary (Cedar Canada)		Guarantor Subsidiaries		Eliminations			Total
ASSETS
Current Assets:
Cash and cash equivalents	$	25,000	$	444	$	50,173	$	3,213	$	—		$	78,830
Receivables	4		101,093		71,099		498,555		(652,559		)	18,192
Inventories	—		1,724		2,352		23,764		—			27,840
Current deferred tax asset	—		3,705		816		3,663		—			8,184
Other current assets	563		17,858		530		5,490		(16,381		)	8,060
	25,567		124,824		124,970		534,685		(668,940		)	141,106
Property and Equipment (net)	439,506		1,013		268,157		835,596		—			1,544,272
Investment in Park	485,136		772,183		115,401		53,790		(1,426,510		)	—
Goodwill	9,061		—		125,942		111,218		—			246,221
Other Intangibles, net	—		—		17,835		22,817		—			40,652
Deferred Tax Asset	—		36,443		—		90		(36,533		)	—
Intercompany Receivable	877,612		1,070,125		1,116,623		—		(3,064,360		)	—
Other Assets	22,048		14,832		8,419		2,315		—			47,614
	$	1,858,930	$	2,019,420	$	1,777,347	$	1,560,511	$	(5,196,343	)	$	2,019,865
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Accounts payable	$	147,264	$	213,279	$	16,101	$	286,649	$	(652,559	)	$	10,734
Deferred revenue	—		—		4,996		34,489		—			39,485
Accrued interest	98		64		15,350		—		—			15,512
Accrued taxes	4,518		—		6,239		23,437		(16,381		)	17,813
Accrued salaries, wages and benefits	—		17,932		1,214		5,690		—			24,836
Self-insurance reserves	—		5,528		1,754		16,624		—			23,906
Other accrued liabilities	1,110		2,502		140		2,164		—			5,916
	152,990		239,305		45,794		369,053		(668,940		)	138,202
Deferred Tax Liability	—		—		63,460		126,865		(36,533		)	153,792
Derivative Liability	19,309		12,951		—		—		—			32,260
Other Liabilities	—		5,480		—		3,500		—			8,980
Long-Term Debt:
Term debt	1,131,100		1,131,100		1,131,100		—		(2,262,200		)	1,131,100
Notes	401,080		401,080		401,080		—		(802,160		)	401,080
	1,532,180		1,532,180		1,532,180		—		(3,064,360		)	1,532,180
Equity	154,451		229,504		135,913		1,061,093		(1,426,510		)	154,451
	$	1,858,930	$	2,019,420	$	1,777,347	$	1,560,511	$	(5,196,343	)	$	2,019,865

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING BALANCE SHEET

July 1, 2012 (As restated)

(In thousands)

	Cedar Fair L.P. (Parent)		Co-Issuer Subsidiary (Magnum)		Co-Issuer Subsidiary (Cedar Canada)		Guarantor Subsidiaries		Eliminations			Total
ASSETS
Current Assets:
Cash and cash equivalents	$	—	$	—	$	13,974	$	27,476	$	(5,521	)	$	35,929
Receivables	—		71,210		64,931		436,324		(529,512		)	42,953
Inventories	—		4,861		4,663		41,712		—			51,236
Current deferred tax asset	—		6,239		772		3,334		—			10,345
Prepaid advertising	—		10,181		596		5,473		—			16,250
Income tax refundable	—		—		10,083		—		—			10,083
Other current assets	800		2,971		908		4,660		—			9,339
	800		95,462		95,927		518,979		(535,033		)	176,135
Property and Equipment (net)	465,146		1,025		272,511		882,682		—			1,621,364
Investment in Park	471,253		701,181		114,053		21,834		(1,308,321		)	—
Intercompany Note Receivable	—		86,362		—		—		(86,362		)	—
Goodwill	9,061		—		122,960		111,218		—			243,239
Other Intangibles, net	—		—		17,412		22,837		—			40,249
Deferred Tax Asset	—		43,471		—		—		(43,471		)	—
Intercompany Receivable	880,971		1,186,016		1,236,507		—		(3,303,494		)	—
Other Assets	24,678		16,454		9,010		2,400		—			52,542
	$	1,851,909	$	2,129,971	$	1,868,380	$	1,559,950	$	(5,276,681	)	$	2,133,529
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Accounts payable	$	108,234	$	233,508	$	14,320	$	217,263	$	(535,033	)	$	38,292
Deferred revenue	—		—		19,946		88,521		—			108,467
Accrued interest	481		195		15,353		—		—			16,029
Accrued taxes	7,083		571		59		3,027		—			10,740
Accrued salaries, wages and benefits	1		26,108		2,410		9,190		—			37,709
Self-insurance reserves	—		4,280		1,771		17,147		—			23,198
Other accrued liabilities	953		4,489		935		2,275		—			8,652
	116,752		269,151		54,794		337,423		(535,033		)	243,087
Deferred Tax Liability	—		—		58,162		119,417		(43,471		)	134,108
Derivative Liability	21,090		14,056		—		—		—			35,146
Other Liabilities	—		3,621		—		3,500		—			7,121
Intercompany Note Payable	—		—		—		86,362		(86,362		)	—
Long-Term Debt:
Revolving credit loans	111,000		111,000		111,000		—		(222,000		)	111,000
Term debt	1,140,100		1,140,100		1,140,100		—		(2,280,200		)	1,140,100
Notes	400,647		400,647		400,647		—		(801,294		)	400,647
	1,651,747		1,651,747		1,651,747		—		(3,303,494		)	1,651,747
Equity	62,320		191,396		103,677		1,013,248		(1,308,321		)	62,320
	$	1,851,909	$	2,129,971	$	1,868,380	$	1,559,950	$	(5,276,681	)	$	2,133,529

Condensed Consolidating Statement of Operations and Other Comprehensive Income (Loss)

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the Three Months Ended June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	43,925		$	85,358		$	34,954		$	326,473		$	(129,090	)	$	361,620
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			2,994			28,059			—			31,053
Operating expenses	1,408			52,246			15,586			201,134			(129,090		)	141,284
Selling, general and administrative	1,222			26,888			3,868			13,789			—			45,767
Depreciation and amortization	12,891			9			6,818			26,314			—			46,032
Loss on impairment / retirement of fixed assets, net	—			—			—			29			—			29
	15,521			79,143			29,266			269,325			(129,090		)	264,165
Operating income	28,404			6,215			5,688			57,148			—			97,455
Interest expense (income), net	10,210			7,246			9,843			(1,507		)	—			25,792
Net effect of swaps	(1,378		)	(895		)	—			—			—			(2,273		)
Unrealized / realized foreign currency loss	—			—			14,886			—			—			14,886
Other (income) expense	187			(2,128		)	583			1,358			—			—
(Income) loss from investment in affiliates	(30,875		)	(15,540		)	(8,232		)	4,649			49,998			—
Net income (loss) before taxes	50,260			17,532			(11,392		)	52,648			(49,998		)	59,050
Provision (benefit) for taxes	2,870			684			(6,732		)	14,838			—			11,660
Net income (loss)	$	47,390		$	16,848		$	(4,660	)	$	37,810		$	(49,998	)	$	47,390
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	1,592			—			1,592			—			(1,592		)	1,592
Unrealized income on cash flow hedging derivatives	1,679			503			—			—			(503		)	1,679
Other comprehensive income, (net of tax)	3,271			503			1,592			—			(2,095		)	3,271
Total Comprehensive (Income) loss	$	50,661		$	17,351		$	(3,068	)	$	37,810		$	(52,093	)	$	50,661

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the Three Months Ended July 1, 2012 (As restated)

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	43,745		$	77,510		$	41,841		$	315,637		$	(121,127	)	$	357,606
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			3,541			28,945			—			32,486
Operating expenses	1,438			52,584			15,935			197,406			(121,127		)	146,236
Selling, general and administrative	1,656			24,525			4,295			14,035			—			44,511
Depreciation and amortization	13,531			9			6,985			27,384			—			47,909
Loss (gain) on impairment / retirement of fixed assets, net	(861		)	—			(1		)	—			—			(862		)
	15,764			77,118			30,755			267,770			(121,127		)	270,280
Operating income	27,981			392			11,086			47,867			—			87,326
Interest expense, net	13,067			8,084			10,598			(1,515		)	—			30,234
Net effect of swaps	(104		)	(69		)	—			—			—			(173		)
Unrealized / realized foreign currency gain	—			—			9,301			—			—			9,301
Other (income) expense	188			(2,041		)	512			1,341			—			—
Income from investment in affiliates	(24,476		)	(16,973		)	(6,955		)	(260		)	48,664			—
Income (loss) before taxes	39,306			11,391			(2,370		)	48,301			(48,664		)	47,964
Provision (benefit) for taxes	2,723			(1,876		)	(1,322		)	11,856			—			11,381
Net income (loss)	$	36,583		$	13,267		$	(1,048	)	$	36,445		$	(48,664	)	$	36,583
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	481			—			481			—			(481		)	481
Unrealized income on cash flow hedging derivatives	(2,370		)	(775		)	—			—			775			(2,370		)
Other comprehensive income (loss), (net of tax)	(1,889		)	(775		)	481			—			294			(1,889		)
Total Comprehensive Income (Loss)	$	34,694		$	12,492		$	(567	)	$	36,445		$	(48,370	)	$	34,694

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the Six Months Ended June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	48,243		$	93,729		$	35,243		$	367,983		$	(141,779	)	$	403,419
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			2,994			33,096			—			36,090
Operating expenses	2,831			73,852			21,527			261,510			(141,779		)	217,941
Selling, general and administrative	2,514			43,501			4,579			16,212			—			66,806
Depreciation and amortization	13,366			18			6,818			30,616			—			50,818
Loss on impairment / retirement of fixed assets, net	36			—			478			115			—			629
	18,747			117,371			36,396			341,549			(141,779		)	372,284
Operating income (loss)	29,496			(23,642		)	(1,153		)	26,434			—			31,135
Interest expense (income), net	20,722			14,923			19,607			(3,737		)	—			51,515
Net effect of swaps	4,257			2,681			—			—			—			6,938
Loss on early debt extinguishment	21,175			12,781			617			—			—			34,573
Unrealized / realized foreign currency loss	—			—			23,844			—			—			23,844
Other (income) expense	375			(4,516		)	1,383			2,758			—			—
(Income) loss from investment in affiliates	41,221			20,100			(4,712		)	25,876			(82,485		)	—
Income (loss) before taxes	(58,254		)	(69,611		)	(41,892		)	1,537			82,485			(85,735		)
Provision (benefit) for taxes	3,482			(16,981		)	(15,986		)	5,486			—			(23,999		)
Net income (loss)	(61,736		)	(52,630		)	(25,906		)	(3,949		)	82,485			(61,736		)
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	1,893			—			1,893			—			(1,893		)	1,893
Unrealized income (loss) on cash flow hedging derivatives	10,564			3,038			—			—			(3,038		)	10,564
Other comprehensive income (loss), (net of tax)	12,457			3,038			1,893			—			(4,931		)	12,457
Total Comprehensive Income (Loss)	$	(49,279	)	$	(49,592	)	$	(24,013	)	$	(3,949	)	$	77,554		$	(49,279	)

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the Six Months Ended July 1, 2012(As restated)

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	45,201		$	80,087		$	42,107		$	343,569		$	(125,160	)	$	385,804
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			3,541			33,032			—			36,573
Operating expenses	2,773			73,020			21,592			245,296			(125,160		)	217,521
Selling, general and administrative	2,988			38,221			5,055			16,231			—			62,495
Depreciation and amortization	14,227			18			6,985			30,758			—			51,988
Loss (gain) on impairment / retirement of fixed assets, net	(779		)	—			9			—			—			(770		)
	19,209			111,259			37,182			325,317			(125,160		)	367,807
Operating income (loss)	25,992			(31,172		)	4,925			18,252			—			17,997
Interest expense, net	24,225			14,699			21,001			(2,904		)	—			57,021
Net effect of swaps	69			263			(1,475		)	—			—			(1,143		)
Unrealized / realized foreign currency loss	—			—			1,109			—			—			1,109
Other (income) expense	375			(5,076		)	709			3,992			—			—
(Income) loss from investment in affiliates	26,015			6,477			(3,541		)	6,803			(35,754		)	—
Income (loss) before taxes	(24,692		)	(47,535		)	(12,878		)	10,361			35,754			(38,990		)
Provision (benefit) for taxes	4,140			(13,548		)	(3,656		)	2,906			—			(10,158		)
Net income (loss)	$	(28,832	)	$	(33,987	)	$	(9,222	)	$	7,455		$	35,754		$	(28,832	)
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	(688		)	—			(688		)	—			688			(688		)
Unrealized income on cash flow hedging derivatives	(2,031		)	(677		)	21			—			656			(2,031		)
Other comprehensive income (loss), (net of tax)	(2,719		)	(677		)	(667		)	—			1,344			(2,719		)
Total Comprehensive Income (loss)	$	(31,551	)	$	(34,664	)	$	(9,889	)	$	7,455		$	37,098		$	(31,551	)

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME

For the Twelve Months Ended June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	148,757		$	271,778		$	133,554		$	952,082		$	(420,102	)	$	1,086,069
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			9,769			84,796			—			94,565
Operating expenses	5,438			177,188			47,798			641,501			(420,102		)	451,823
Selling, general and administrative	6,021			91,895			10,659			34,047			—			142,622
Depreciation and amortization	36,799			40			18,032			70,265			—			125,136
(Gain) on sale of other assets	—			—			—			(6,625		)	—			(6,625		)
Loss on impairment / retirement of fixed assets, net	25,950			—			475			5,310			—			31,735
	74,208			269,123			86,733			829,294			(420,102		)	839,256
Operating income	74,549			2,655			46,821			122,788			—			246,813
Interest (income) expense, net	45,022			29,552			39,476			(9,005		)	—			105,045
Net effect of swaps	4,050			2,539			—			—			—			6,589
Loss on early debt extinguishment	21,175			12,781			617			—			—			34,573
Unrealized / realized foreign currency loss	—			—			13,737			—			—			13,737
Other (income) expense	749			(8,947		)	2,694			5,504			—			—
Income from investment in affiliates	(74,816		)	(52,527		)	(15,768		)	(12,687		)	155,798			—
Income before taxes	78,369			19,257			6,065			138,976			(155,798		)	86,869
Provision (benefit) for taxes	9,417			(13,289		)	(8,917		)	30,706			—			17,917
Net income	$	68,952		$	32,546		$	14,982		$	108,270		$	(155,798	)	$	68,952
Other comprehensive income, (net of tax):
Cumulative foreign currency translation adjustment	2,950			—			2,950			—			(2,950		)	2,950
Unrealized income on cash flow hedging derivatives	12,735			3,635			—			—			(3,635		)	12,735
Other comprehensive income, (net of tax)	15,685			3,635			2,950			—			(6,585		)	15,685
Total Comprehensive Income	$	84,637		$	36,181		$	17,932		$	108,270		$	(162,383	)	$	84,637

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)

For the Twelve Months Ended July 1, 2012 (As restated)

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
Net revenues	$	150,783		$	267,882		$	138,595		$	963,915		$	(418,258	)	$	1,102,917
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			10,743			86,664			—			97,407
Operating expenses	5,341			175,593			47,795			647,795			(418,258		)	458,266
Selling, general and administrative	6,309			88,725			11,892			37,847			—			144,773
Depreciation and amortization	38,843			42			17,976			73,555			—			130,416
Loss (gain) on impairment / retirement of fixed assets, net	15			—			(52		)	10,426			—			10,389
	50,508			264,360			88,354			856,287			(418,258		)	841,251
Operating income	100,275			3,522			50,241			107,628			—			261,666
Interest expense, net	61,742			24,419			48,119			(3,440		)	—			130,840
Net effect of swaps	(9,027		)	(121		)	(5,569		)	—			—			(14,717		)
Unrealized / realized foreign currency loss	—			—			14,863			—			—			14,863
Other (income) expense	533			(9,873		)	1,602			7,520			—			(218		)
(Income) loss from investment in affiliates	(80,137		)	(28,421		)	(6,557		)	6,067			109,048			—
Income (loss) before taxes	127,164			17,518			(2,217		)	97,481			(109,048		)	130,898
Provision (benefit) for taxes	10,056			(26,630		)	7,042			23,322			—			13,790
Net income (loss)	$	117,108		$	44,148		$	(9,259	)	$	74,159		$	(109,048	)	$	117,108
Other comprehensive income (loss), (net of tax):
Cumulative foreign currency translation adjustment	733			—			733			—			(733		)	733
Unrealized income (loss) on cash flow hedging derivatives	(3,854		)	(4,884		)	21			—			4,863			(3,854		)
Other comprehensive income (loss), (net of tax)	(3,121		)	(4,884		)	754			—			4,130			(3,121		)
Total Comprehensive Income (Loss)	$	113,987		$	39,264		$	(8,505	)	$	74,159		$	(104,918	)	$	113,987

Condensed Consolidating Statement of Cash Flows

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Six Months Ended June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
NET CASH FROM (FOR) OPERATING ACTIVITIES	$	4,808		$	(30,371	)	$	(4,856	)	$	44,138		$	68,837		$	82,556
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Investment in joint ventures and affiliates	38,056			37,167			(18,274		)	17,909			(74,858		)	—
Capital expenditures	(38,398		)	—			(3,435		)	(37,356		)	—			(79,189		)
Net cash from (for) investing activities	(342		)	37,167			(21,709		)	(19,447		)	(74,858		)	(79,189		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings on revolving credit loans	58,000			—			—			—			—			58,000
Term debt borrowings	359,022			256,500			14,478			—			—			630,000
Note borrowings	294,897			205,103			—			—			—			500,000
Payment of debt issuance costs	(14,312		)	(8,014		)	(438		)	—			—			(22,764		)
Term debt payments, including early termination penalties	(655,723		)	(462,438		)	(14,514		)	—			—			(1,132,675		)
Distributions (paid) received	(71,350		)	1,711			—			—			—			(69,639		)
Exercise of limited partnership unit options	—			28			—			—			—			28
Excess tax benefit from unit-based compensation expense	—			(130		)	—			—			—			(130		)
Net cash from (for) financing activities	(29,466		)	(7,240		)	(474		)	—			—			(37,180		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—			(1,389		)	—			—			(1,389		)
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	(25,000		)	(444		)	(28,428		)	24,691			(6,021		)	(35,202		)
Balance, beginning of period	25,000			444			50,173			3,213			—			78,830
Balance, end of period	$	—		$	—		$	21,745		$	27,904		$	(6,021	)	$	43,628

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Six Months Ended July 1, 2012 (As restated)

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)				Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
NET CASH FROM (FOR) OPERATING ACTIVITIES	$	(75,559	)	$	47,309			$	(12,724	)	$	44,638		$	60,941		$	64,605
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Investment in joint ventures and affiliates	41,361			11,532				(415		)	13,984			(66,462		)	—
Sale of other assets	1,173			—				—			—			—			1,173
Capital expenditures	(24,266		)	—				(13,478		)	(27,136		)	—			(64,880		)
Net cash from (for) investing activities	18,268			11,532				(13,893		)	(13,152		)	(66,462		)	(63,707		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings on revolving credit loans	111,000			—				—			—			—			111,000
Derivative settlement	—			—				(50,450		)	—			—			(50,450		)
Term debt payments, including early termination penalties	(9,259		)	(6,536		)		(205		)	—			—			(16,000		)
Intercompany (payments) receipts	—			7,482				—			(7,482		)	—			—
Distributions (paid) received	(44,450		)	92				—			—			—			(44,358		)
Capital (contribution) infusion	—			(60,000		)	—	60,000			—			—			—
Exercise of limited partnership unit options	—			47				—			—			—			47
Excess tax benefit from unit-based compensation	—			(438		)		—			—			—			(438		)
Net cash from (for) financing activities	57,291			(59,353		)		9,345			(7,482		)	—			(199		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—				(294		)	—			—			(294		)
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	—			(512		)		(17,566		)	24,004			(5,521		)	405
Balance, beginning of period	—			512				31,540			3,472			—			35,524
Balance, end of period	$	—		$	—			$	13,974		$	27,476		$	(5,521	)	$	35,929

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Twelve Months Ended June 30, 2013

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
NET CASH FROM (FOR) OPERATING ACTIVITIES	$	210,085		$	(47,009	)	$	29,440		$	140,865		$	(30,675	)	$	302,706
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Investment in joint ventures and affiliates	27,874			(30,140		)	(15,735		)	(12,174		)	30,175			—
Sale of other assets	—			—			—			14,885			—			14,885
Capital expenditures	(47,797		)	(8		)	(4,404		)	(56,786		)	—			(108,995		)
Net cash for investing activities	(19,923		)	(30,148		)	(20,139		)	(54,075		)	30,175			(94,110		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings on revolving credit loans	(53,000		)	—			—			—			—			(53,000		)
Term debt borrowings	359,022			256,500			14,478			—			—			630,000
Note borrowings	294,897			205,103			—			—			—			500,000
Intercompany term debt (payments) receipts	—			86,362			—			(86,362		)	—			—
Term debt payments, including early termination penalties	(660,931		)	(466,114		)	(14,630		)	—			—			(1,141,675		)
Distributions (paid) received	(115,839		)	1,746			—			—			—			(114,093		)
Exercise of limited partnership unit options	—			57			—			—			—			57
Payment of debt issuance costs	(14,311		)	(8,014		)	(433		)	—			—			(22,758		)
Excess tax benefit from unit-based compensation expense	—			1,517			—			—			—			1,517
Net cash from (for) financing activities	(190,162		)	77,157			(585		)	(86,362		)	—			(199,952		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—			(945		)	—			—			(945		)
CASH AND CASH EQUIVALENTS
Net increase for the period	—			—			7,771			428			(500		)	7,699
Balance, beginning of period	—			—			13,974			27,476			(5,521		)	35,929
Balance, end of period	$	—		$	—		$	21,745		$	27,904		$	(6,021	)	$	43,628

CEDAR FAIR, L.P.

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Twelve Months Ended July 1, 2012 (As restated)

(In thousands)

	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total
NET CASH FROM (FOR) OPERATING ACTIVITIES	$	146,874		$	(73,709	)	$	24,332		$	223,401		$	(63,983	)	$	256,915
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Investment in joint ventures and affiliates	(31,801		)	(37,181		)	(579		)	11,099			58,462			—
Sale of other assets	1,173			—			—			—			—			1,173
Capital expenditures	(36,852		)	—			(25,832		)	(40,701		)	—			(103,385		)
Net cash from (for) investing activities	(67,480		)	(37,181		)	(26,411		)	(29,602		)	58,462			(102,212		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Net borrowings (payments) on revolving credit loans	26,000			—			—			—			—			26,000
Intercompany term debt (payments) receipts	—			183,138			—			(183,138		)	—			—
Term debt payments, including early termination penalties	(21,383		)	(15,094		)	(473		)	—			—			(36,950		)
Derivative settlement	—			—			(50,450		)	—			—			(50,450		)
Distributions (paid) received	(90,011		)	269			—			—			—			(89,742		)
Capital (contribution) infusion	—			(60,000		)	60,000			—			—			—
Payment of debt issuance costs	—			—			(723		)	—			—			(723		)
Exercise of limited partnership unit options	—			53			—			—			—			53
Excess tax benefit from unit-based compensation	—			(438		)	—			—			—			(438		)
Net cash from (for) financing activities	(85,394		)	107,928			8,354			(183,138		)	—			(152,250		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—			(2,203		)	—			—			(2,203		)
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	(6,000		)	(2,962		)	4,072			10,661			(5,521		)	250
Balance, beginning of period	6,000			2,962			9,902			16,815			—			35,679
Balance, end of period	$	—		$	—		$	13,974		$	27,476		$	(5,521	)	$	35,929