The following consolidating schedules present condensed financial information for Cedar Fair, L.P., Cedar Canada, and Magnum, the co-issuers, and each 100% owned subsidiary of Cedar Fair (other than Cedar Canada and Magnum), the guarantors (on a combined basis), as of June 30, 2019, December 31, 2018, and June 24, 2018 and for the three- and six-month periods ended June 30, 2019 and June 24, 2018. In lieu of providing separate unaudited financial statements for the guarantor subsidiaries, the accompanying unaudited condensed consolidating financial statements have been included.



	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	$	—		$	—	$	34,520	$	292,717	$	(2,495	)	$	324,742
Receivables	—			1,214		37,121		1,018,249		(967,038		)	89,546
Inventories	—			—		3,804		43,056		—			46,860
Other current assets	400			14,347		9,710		34,453		(20,476		)	38,434
	400			15,561		85,155		1,388,475		(990,009		)	499,582
Property and Equipment, net	—			785		186,578		1,612,103		—			1,799,466
Investment in Park	524,449			1,160,193		269,259		203,690		(2,157,591		)	—
Goodwill	674			—		60,919		119,606		—			181,199
Other Intangibles, net	—			—		13,582		23,114		—			36,696
Deferred Tax Asset	—			12,733		—		—		(12,733		)	—
Right-of-Use Asset	—			—		92		4,262		—			4,354
Other Assets	—			—		38		11,471		—			11,509
	$	525,523		$	1,189,272	$	615,623	$	3,362,721	$	(3,160,333	)	$	2,532,806
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Current maturities of long-term debt	$	—		$	1,313	$	—	$	6,187	$	—		$	7,500
Accounts payable	616,886			356,792		4,867		40,272		(969,533		)	49,284
Deferred revenue	—			—		25,057		192,185		—			217,242
Accrued interest	6			4		1,955		6,211		—			8,176
Accrued taxes	2,176			—		—		34,576		(20,476		)	16,276
Accrued salaries, wages and benefits	—			19,642		2,064		—		—			21,706
Self-insurance reserves	—			9,541		1,459		10,427		—			21,427
Other accrued liabilities	2,629			5,959		650		8,899		—			18,137
	621,697			393,251		36,052		298,757		(990,009		)	359,748
Deferred Tax Liability	—			—		14,071		87,516		(12,733		)	88,854
Derivative Liability	4,026			19,836		—		—		—			23,862
Lease Liability	—			—		73		2,292		—			2,365
Other Liabilities	—			657		—		9,645		—			10,302
Long-Term Debt:
Term debt	—			125,975		—		590,853		—			716,828
Notes	—			—		446,443		984,604		—			1,431,047
	—			125,975		446,443		1,575,457		—			2,147,875

Equity	(100,200		)	649,553		118,984		1,389,054		(2,157,591		)	(100,200		)
	$	525,523		$	1,189,272	$	615,623	$	3,362,721	$	(3,160,333	)	$	2,532,806



	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	$	—	$	—	$	73,326	$	32,715	$	(692	)	$	105,349
Receivables	—		1,093		34,497		938,397		(922,469		)	51,518
Inventories	—		—		2,135		28,618		—			30,753
Other current assets	179		1,411		5,462		10,544		(5,007		)	12,589
	179		2,504		115,420		1,010,274		(928,168		)	200,209
Property and Equipment, net	—		802		172,344		1,426,292		—			1,599,438
Investment in Park	601,706		1,182,345		262,462		218,575		(2,265,088		)	—
Goodwill	674		—		58,440		119,605		—			178,719
Other Intangibles, net	—		—		13,030		23,346		—			36,376
Deferred Tax Asset	—		18,224		—		—		(18,224		)	—
Other Assets	—		—		36		9,405		—			9,441
	$	602,559	$	1,203,875	$	621,732	$	2,807,497	$	(3,211,480	)	$	2,024,183
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Current maturities of long-term debt	$	—	$	984	$	—	$	4,641	$	—		$	5,625
Accounts payable	565,472		359,953		2,430		18,620		(923,161		)	23,314
Deferred revenue	—		—		8,460		98,614		—			107,074
Accrued interest	1		1		2,054		5,871		—			7,927
Accrued taxes	443		6,668		—		27,487		(5,007		)	29,591
Accrued salaries, wages and benefits	—		17,552		1,234		—		—			18,786
Self-insurance reserves	—		10,214		1,433		12,374					24,021
Other accrued liabilities	3,318		4,903		136		10,024		—			18,381
	569,234		400,275		15,747		177,631		(928,168		)	234,719
Deferred Tax Liability	—		—		12,425		87,516		(18,224		)	81,717
Derivative Liability	909		5,796		—		—		—			6,705
Other Liabilities	—		1,169		—		9,889		—			11,058
Long-Term Debt:
Term debt	—		126,525		—		592,982		—			719,507
Notes	—		—		446,241		491,820		—			938,061
	—		126,525		446,241		1,084,802		—			1,657,568

Equity	32,416		670,110		147,319		1,447,659		(2,265,088		)	32,416
	$	602,559	$	1,203,875	$	621,732	$	2,807,497	$	(3,211,480	)	$	2,024,183



	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	$	—		$	—	$	38,934	$	21,874	$	(689	)	$	60,119
Receivables	—			1,198		66,120		869,175		(851,114		)	85,379
Inventories	—			—		3,821		43,179		—			47,000
Other current assets	398			3,293		2,429		36,476		(1,952		)	40,644
	398			4,491		111,304		970,704		(853,755		)	233,142
Property and Equipment, net	—			819		174,962		1,443,217		—			1,618,998
Investment in Park	476,659			1,009,725		243,201		186,540		(1,916,125		)	—
Goodwill	674			—		59,907		119,605		—			180,186
Other Intangibles, net	—			—		13,362		23,629		—			36,991
Other Assets	74			467		38		9,320		—			9,899
	$	477,805		$	1,015,502	$	602,774	$	2,753,015	$	(2,769,880	)	$	2,079,216
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Current maturities of long-term debt	$	—		$	328	$	—	$	1,547	$	—		$	1,875
Accounts payable	542,730			313,605		5,069		39,950		(851,803		)	49,551
Deferred revenue	—			—		20,950		190,223		—			211,173
Accrued interest	137			92		1,571		7,465		—			9,265
Accrued taxes	1,453			—		3,668		9,571		(1,952		)	12,740
Accrued salaries, wages and benefits	—			23,837		2,391		—		—			26,228
Self-insurance reserves	—			10,355		1,482		13,435		—			25,272
Other accrued liabilities	3,556			7,014		670		13,155		—			24,395
	547,876			355,231		35,801		275,346		(853,755		)	360,499
Deferred Tax Liability	—			22		11,507		81,945		—			93,474
Other Liabilities	—			839		—		10,143		—			10,982
Long-Term Debt:
Revolving credit loans	—			—		—		25,000		—			25,000
Term debt	—			127,075		—		595,111		—			722,186
Notes	—			—		445,790		491,356		—			937,146
	—			127,075		445,790		1,111,467		—			1,684,332

Equity	(70,071		)	532,335		109,676		1,274,114		(1,916,125		)	(70,071		)
	$	477,805		$	1,015,502	$	602,774	$	2,753,015	$	(2,769,880	)	$	2,079,216



	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total

Net revenues	$	30,240		$	107,811		$	38,374		$	410,780		$	(151,015	)	$	436,190
Costs and expenses:
Cost of food, merchandise, and games revenues	—			51			3,874			35,883			—			39,808
Operating expenses	2			102,173			15,034			211,577			(151,015		)	177,771
Selling, general and administrative	186			16,000			3,847			39,748			—			59,781
Depreciation and amortization	—			8			5,682			50,214			—			55,904
Loss on impairment / retirement of fixed assets, net	—			—			25			657			—			682
	188			118,232			28,462			338,079			(151,015		)	333,946
Operating income (loss)	30,052			(10,421		)	9,912			72,701			—			102,244
Interest expense, net	6,673			4,996			6,045			5,132			—			22,846
Net effect of swaps	2,126			8,653			—			—			—			10,779
(Gain) loss on foreign currency	—			12			(9,484		)	—			—			(9,472		)
Other (income) expense	64			(24,465		)	926			23,592			—			117
Income from investment in affiliates	(45,594		)	(45,111		)	(11,401		)	(23,567		)	125,673			—
Income before taxes	66,783			45,494			23,826			67,544			(125,673		)	77,974
Provision (benefit) for taxes	3,485			(102		)	256			11,037			—			14,676
Net income	$	63,298		$	45,596		$	23,570		$	56,507		$	(125,673	)	$	63,298
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	(4,632		)	—			(4,632		)	—			4,632			(4,632		)
Other comprehensive income (loss), (net of tax)	(4,632		)	—			(4,632		)	—			4,632			(4,632		)
Total comprehensive income	$	58,666		$	45,596		$	18,938		$	56,507		$	(121,041	)	$	58,666



	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries		Eliminations			Total

Net revenues	$	23,937		$	91,527		$	29,648		$	360,832	$	(125,628	)	$	380,316
Costs and expenses:
Cost of food, merchandise, and games revenues	—			—			3,184			31,834		—			35,018
Operating expenses	—			93,036			14,254			185,755		(125,628		)	167,417
Selling, general and administrative	926			15,638			3,556			33,921		—			54,041
Depreciation and amortization	—			8			5,940			46,271		—			52,219
Loss on impairment / retirement of fixed assets, net	—			—			27			3,345		—			3,372
	926			108,682			26,961			301,126		(125,628		)	312,067
Operating income (loss)	23,011			(17,155		)	2,687			59,706		—			68,249
Interest expense, net	5,736			4,592			6,068			4,886		—			21,282
Net effect of swaps	(324		)	(582		)	—			—		—			(906		)
Loss on foreign currency	—			62			14,922			—		—			14,984
Other (income) expense	64			(22,751		)	932			21,671		—			(84		)
(Income) loss from investment in affiliates	(4,198		)	(2,531		)	(8,982		)	13,602		2,109			—
Income (loss) before taxes	21,733			4,055			(10,253		)	19,547		(2,109		)	32,973
Provision (benefit) for taxes	2,490			(143		)	3,346			8,037		—			13,730
Net income (loss)	$	19,243		$	4,198		$	(13,599	)	$	11,510	$	(2,109	)	$	19,243
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	6,662			—			6,662			—		(6,662		)	6,662
Cash flow hedging derivative activity	2,116			727			—			—		(727		)	2,116
Other comprehensive income (loss), (net of tax)	8,778			727			6,662			—		(7,389		)	8,778
Total comprehensive income (loss)	$	28,021		$	4,925		$	(6,937	)	$	11,510	$	(9,498	)	$	28,021



	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total

Net revenues	$	14,598		$	111,096		$	38,670		$	470,685		$	(131,882	)	$	503,167
Costs and expenses:
Cost of food, merchandise, and games revenues	—			51			3,926			43,480			—			47,457
Operating expenses	2			150,345			20,745			236,766			(131,882		)	275,976
Selling, general and administrative	1,625			30,552			4,865			54,405			—			91,447
Depreciation and amortization	—			16			5,682			63,795			—			69,493
Loss on impairment / retirement of fixed assets, net	—			—			35			2,071			—			2,106
Gain on sale of investment	—			(617		)	—			—			—			(617		)
	1,627			180,347			35,253			400,517			(131,882		)	485,862
Operating income (loss)	12,971			(69,251		)	3,417			70,168			—			17,305
Interest expense, net	13,064			10,026			11,758			8,685			—			43,533
Net effect of swaps	3,117			14,041			—			—			—			17,158
(Gain) loss on foreign currency	—			1			(18,142		)	—			—			(18,141		)
Other (income) expense	123			(35,971		)	2,025			34,262			—			439
(Income) loss from investment in affiliates	12,855			(30,452		)	(6,798		)	(17,377		)	41,772			—
Income (loss) before taxes	(16,188		)	(26,896		)	14,574			44,598			(41,772		)	(25,684		)
Provision (benefit) for taxes	4,187			(14,041		)	(2,803		)	7,348			—			(5,309		)
Net income (loss)	$	(20,375	)	$	(12,855	)	$	17,377		$	37,250		$	(41,772	)	$	(20,375	)
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	(7,682		)	—			(7,682		)	—			7,682			(7,682		)
Other comprehensive income (loss), (net of tax)	(7,682		)	—			(7,682		)	—			7,682			(7,682		)
Total comprehensive income (loss)	$	(28,057	)	$	(12,855	)	$	9,695		$	37,250		$	(34,090	)	$	(28,057	)



	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total

Net revenues	$	13,170		$	92,381		$	29,919		$	410,619		$	(111,046	)	$	435,043
Costs and expenses:
Cost of food, merchandise, and games revenues	—			—			3,184			37,837			—			41,021
Operating expenses	—			135,707			19,970			211,614			(111,046		)	256,245
Selling, general and administrative	1,685			30,088			4,236			46,714			—			82,723
Depreciation and amortization	—			16			5,940			51,784			—			57,740
Loss on impairment / retirement of fixed assets, net	—			—			67			4,645			—			4,712
	1,685			165,811			33,397			352,594			(111,046		)	442,441
Operating income (loss)	11,485			(73,430		)	(3,478		)	58,025			—			(7,398		)
Interest expense, net	10,640			8,959			11,651			9,568			—			40,818
Net effect of swaps	(2,531		)	(2,003		)	—			—			—			(4,534		)
Loss on early debt extinguishment	—			187			—			886			—			1,073
Loss on foreign currency	—			21			25,057			—			—			25,078
Other (income) expense	123			(32,555		)	1,786			30,439			—			(207		)
(Income) loss from investment in affiliates	64,330			26,284			(5,069		)	34,187			(119,732		)	—
Loss before taxes	(61,077		)	(74,323		)	(36,903		)	(17,055		)	119,732			(69,626		)
Provision (benefit) for taxes	3,080			(9,994		)	(2,716		)	4,161			—			(5,469		)
Net loss	$	(64,157	)	$	(64,329	)	$	(34,187	)	$	(21,216	)	$	119,732		$	(64,157	)
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	11,266			—			11,266			—			(11,266		)	11,266
Cash flow hedging derivative activity	4,134			1,357			—			—			(1,357		)	4,134
Other comprehensive income (loss), (net of tax)	15,400			1,357			11,266			—			(12,623		)	15,400
Total comprehensive loss	$	(48,757	)	$	(62,972	)	$	(22,921	)	$	(21,216	)	$	107,109		$	(48,757	)



	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total

NET CASH FROM (FOR) OPERATING ACTIVITIES	$	53,711		$	(28,342	)	$	9,120		$	66,441		$	(2,246	)	$	98,684
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Intercompany receivables (payments) receipts	—			—			—			(47,144		)	47,144			—
Proceeds from returns on investments	—			38,030			—			—			(38,030		)	—
Proceeds from sale of investment	—			617			—			—			—			617
Capital expenditures	—			—			(12,817		)	(250,036		)	—			(262,853		)
Net cash from (for) investing activities	—			38,647			(12,817		)	(297,180		)	9,114			(262,236		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	51,418			(4,274		)	—			—			(47,144		)	—
Payments for returns of capital	—			—			(38,030		)	—			38,030			—
Note borrowings	—			—			—			500,000			—			500,000
Term debt payments	—			(328		)	—			(1,547		)	—			(1,875		)
Distributions paid to partners	(105,129		)	—			—			—			443			(104,686		)
Payment of debt issuance costs and original issue discount	—			—			—			(7,712		)	—			(7,712		)
Tax effect of units involved in treasury unit transactions	—			(1,561		)	—			—			—			(1,561		)
Payments related to tax withholding for equity compensation	—			(4,142		)	—			—			—			(4,142		)
Net cash from (for) financing activities	(53,711		)	(10,305		)	(38,030		)	490,741			(8,671		)	380,024
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—			2,921			—			—			2,921
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	—			—			(38,806		)	260,002			(1,803		)	219,393
Balance, beginning of period	—			—			73,326			32,715			(692		)	105,349
Balance, end of period	$	—		$	—		$	34,520		$	292,717		$	(2,495	)	$	324,742



	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Guarantor Subsidiaries			Eliminations			Total

NET CASH FROM (FOR) OPERATING ACTIVITIES	$	56,049		$	48,573		$	2,897		$	(21,498	)	$	(256	)	$	85,765
CASH FLOWS FOR INVESTING ACTIVITIES
Intercompany receivables (payments) receipts	—			—			(37,892		)	31,123			6,769			—
Capital expenditures	—			—			(8,495		)	(92,142		)	—			(100,637		)
Net cash for investing activities	—			—			(46,387		)	(61,019		)	6,769			(100,637		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	45,171			(38,402		)	—			—			(6,769		)	—
Net borrowings on revolving credit loans	—			—			—			25,000			—			25,000
Distributions paid to partners	(101,220		)	—			—			—			662			(100,558		)
Payment of debt issuance costs and original issue discount	—			(321		)	—			(2,191		)	—			(2,512		)
Exercise of limited partnership unit options	—			125			—			—			—			125
Tax effect of units involved in treasury unit transactions	—			(3,045		)	—			—			—			(3,045		)
Payments related to tax withholding for equity compensation	—			(6,930		)	—			—			—			(6,930		)
Net cash from (for) financing activities	(56,049		)	(48,573		)	—			22,809			(6,107		)	(87,920		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—			(3,334		)	—			—			(3,334		)
CASH AND CASH EQUIVALENTS
Net decrease for the period	—			—			(46,824		)	(59,708		)	406			(106,126		)
Balance, beginning of period	—			—			85,758			81,582			(1,095		)	166,245
Balance, end of period	$	—		$	—		$	38,934		$	21,874		$	(689	)	$	60,119

Cedar Fair, L.P., Canada's Wonderland Company ("Cedar Canada"), Magnum Management Corporation ("Magnum"), and Millennium Operations LLC ("Millennium") are the co-issuers of the Partnership's 2027 and 2029 senior notes (see Note 6). The notes have been fully and unconditionally guaranteed, on a joint and several basis, by each 100% owned subsidiary of Cedar Fair (other than Cedar Canada, Magnum and Millennium) that guarantees the Partnership's senior secured credit facilities. There are no non-guarantor subsidiaries.

The following consolidating schedules present condensed financial information for Cedar Fair, L.P., Cedar Canada, Magnum, and Millennium, the co-issuers, and each 100% owned subsidiary of Cedar Fair (other than Cedar Canada, Magnum and Millennium), the guarantors (on a combined basis), as of June 30, 2019, December 31, 2018, and June 24, 2018 and for the three- and six-month periods ended June 30, 2019 and June 24, 2018. In lieu of providing separate unaudited financial statements for the guarantor subsidiaries, the accompanying unaudited condensed consolidating financial statements have been included.



	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)		Co-Issuer Subsidiary (Cedar Canada)		Co-Issuer Subsidiary (Millennium)		Guarantor Subsidiaries		Eliminations			Total
ASSETS
Current Assets:
Cash and cash equivalents	$	—		$	—	$	34,520	$	287,935	$	4,782	$	(2,495	)	$	324,742
Receivables	—			1,214		37,121		60,487		957,762		(967,038		)	89,546
Inventories	—			—		3,804		35,627		7,429		—			46,860
Other current assets	400			14,347		9,710		29,374		5,079		(20,476		)	38,434
	400			15,561		85,155		413,423		975,052		(990,009		)	499,582
Property and Equipment, net	—			785		186,578		—		1,612,103		—			1,799,466
Investment in Park	524,449			1,160,193		269,259		1,747,364		203,690		(3,904,955		)	—
Goodwill	674			—		60,919		8,388		111,218		—			181,199
Other Intangibles, net	—			—		13,582		—		23,114		—			36,696
Deferred Tax Asset	—			12,733		—		—		—		(12,733		)	—
Right-of-Use Asset	—			—		92		3,771		491		—			4,354
Other Assets	—			—		38		2,483		8,988		—			11,509
	$	525,523		$	1,189,272	$	615,623	$	2,175,429	$	2,934,656	$	(4,907,697	)	$	2,532,806
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Current maturities of long-term debt	$	—		$	1,313	$	—	$	6,187	$	—	$	—		$	7,500
Accounts payable	616,886			356,792		4,867		32,468		7,804		(969,533		)	49,284
Deferred revenue	—			—		25,057		147,756		44,429		—			217,242
Accrued interest	6			4		1,955		6,211		—		—			8,176
Accrued taxes	2,176			—		—		8,873		25,703		(20,476		)	16,276
Accrued salaries, wages and benefits	—			19,642		2,064		—		—		—			21,706
Self-insurance reserves	—			9,541		1,459		8,703		1,724		—			21,427
Other accrued liabilities	2,629			5,959		650		6,871		2,028		—			18,137
	621,697			393,251		36,052		217,069		81,688		(990,009		)	359,748
Deferred Tax Liability	—			—		14,071		—		87,516		(12,733		)	88,854
Derivative Liability	4,026			19,836		—		—		—		—			23,862
Lease Liability	—			—		73		1,992		300		—			2,365
Other Liabilities	—			657		—		87		9,558		—			10,302
Long-Term Debt:
Term debt	—			125,975		—		590,853		—		—			716,828
Notes	—			—		446,443		984,604		—		—			1,431,047
	—			125,975		446,443		1,575,457		—		—			2,147,875

Equity	(100,200		)	649,553		118,984		380,824		2,755,594		(3,904,955		)	(100,200		)
	$	525,523		$	1,189,272	$	615,623	$	2,175,429	$	2,934,656	$	(4,907,697	)	$	2,532,806



	Cedar Fair L.P. (Parent)		Co-Issuer Subsidiary (Magnum)		Co-Issuer Subsidiary (Cedar Canada)		Co-Issuer Subsidiary (Millennium)		Guarantor Subsidiaries		Eliminations			Total
ASSETS
Current Assets:
Cash and cash equivalents	$	—	$	—	$	73,326	$	30,663	$	2,052	$	(692	)	$	105,349
Receivables	—		1,093		34,497		36,242		902,155		(922,469		)	51,518
Inventories	—		—		2,135		23,402		5,216		—			30,753
Other current assets	179		1,411		5,462		8,980		1,564		(5,007		)	12,589
	179		2,504		115,420		99,287		910,987		(928,168		)	200,209
Property and Equipment, net	—		802		172,344		—		1,426,292		—			1,599,438
Investment in Park	601,706		1,182,345		262,462		1,517,897		218,574		(3,782,984		)	—
Goodwill	674		—		58,440		8,388		111,217		—			178,719
Other Intangibles, net	—		—		13,030		—		23,346		—			36,376
Deferred Tax Asset	—		18,224		—		—		—		(18,224		)	—
Other Assets	—		—		36		417		8,988		—			9,441
	$	602,559	$	1,203,875	$	621,732	$	1,625,989	$	2,699,404	$	(4,729,376	)	$	2,024,183
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Current maturities of long-term debt	$	—	$	984	$	—	$	4,641	$	—	$	—		$	5,625
Accounts payable	565,472		359,953		2,430		14,995		3,625		(923,161		)	23,314
Deferred revenue	—		—		8,460		74,062		24,552		—			107,074
Accrued interest	1		1		2,054		5,871		—		—			7,927
Accrued taxes	443		6,668		—		8,087		19,400		(5,007		)	29,591
Accrued salaries, wages and benefits	—		17,552		1,234		—		—		—			18,786
Self-insurance reserves	—		10,214		1,433		10,308		2,066		—			24,021
Other accrued liabilities	3,318		4,903		136		5,471		4,553		—			18,381
	569,234		400,275		15,747		123,435		54,196		(928,168		)	234,719
Deferred Tax Liability	—		—		12,425		—		87,516		(18,224		)	81,717
Derivative Liability	909		5,796		—		—		—		—			6,705
Other Liabilities	—		1,169		—		87		9,802		—			11,058
Long-Term Debt:
Term debt	—		126,525		—		592,982		—		—			719,507
Notes	—		—		446,241		491,820		—		—			938,061
	—		126,525		446,241		1,084,802		—		—			1,657,568

Equity	32,416		670,110		147,319		417,665		2,547,890		(3,782,984		)	32,416
	$	602,559	$	1,203,875	$	621,732	$	1,625,989	$	2,699,404	$	(4,729,376	)	$	2,024,183



	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)		Co-Issuer Subsidiary (Cedar Canada)		Co-Issuer Subsidiary (Millennium)		Guarantor Subsidiaries		Eliminations			Total
ASSETS
Current Assets:
Cash and cash equivalents	$	—		$	—	$	38,934	$	19,014	$	2,860	$	(689	)	$	60,119
Receivables	—			1,198		66,120		55,433		813,742		(851,114		)	85,379
Inventories	—			—		3,821		35,343		7,836		—			47,000
Other current assets	398			3,293		2,429		30,599		5,877		(1,952		)	40,644
	398			4,491		111,304		140,389		830,315		(853,755		)	233,142
Property and Equipment, net	—			819		174,962		—		1,443,217		—			1,618,998
Investment in Park	476,659			1,009,725		243,201		1,464,956		186,539		(3,381,080		)	—
Goodwill	674			—		59,907		8,388		111,217		—			180,186
Other Intangibles, net	—			—		13,362		—		23,629		—			36,991
Other Assets	74			467		38		251		9,069		—			9,899
	$	477,805		$	1,015,502	$	602,774	$	1,613,984	$	2,603,986	$	(4,234,835	)	$	2,079,216
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Current maturities of long-term debt	$	—		$	328	$	—	$	1,547	$	—	$	—		$	1,875
Accounts payable	542,730			313,605		5,069		33,393		6,557		(851,803		)	49,551
Deferred revenue	—			—		20,950		141,272		48,951		—			211,173
Accrued interest	137			92		1,571		7,465		—		—			9,265
Accrued taxes	1,453			—		3,668		7,515		2,056		(1,952		)	12,740
Accrued salaries, wages and benefits	—			23,837		2,391		—		—		—			26,228
Self-insurance reserves	—			10,355		1,482		11,348		2,087		—			25,272
Other accrued liabilities	3,556			7,014		670		8,991		4,164		—			24,395
	547,876			355,231		35,801		211,531		63,815		(853,755		)	360,499
Deferred Tax Liability	—			22		11,507		—		81,945		—			93,474
Other Liabilities	—			839		—		87		10,056		—			10,982
Long-Term Debt:
Revolving credit loans	—			—		—		25,000		—		—			25,000
Term debt	—			127,075		—		595,111		—		—			722,186
Notes	—			—		445,790		491,356		—		—			937,146
	—			127,075		445,790		1,111,467		—		—			1,684,332

Equity	(70,071		)	532,335		109,676		290,899		2,448,170		(3,381,080		)	(70,071		)
	$	477,805		$	1,015,502	$	602,774	$	1,613,984	$	2,603,986	$	(4,234,835	)	$	2,079,216



	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Co-Issuer Subsidiary (Millennium)		Guarantor Subsidiaries			Eliminations			Total

Net revenues	$	30,240		$	107,811		$	38,374		$	316,198	$	132,511		$	(188,944	)	$	436,190
Costs and expenses:
Cost of food, merchandise and games revenues	—			51			3,874			29,089		6,794			—			39,808
Operating expenses	2			102,173			15,034			238,566		10,940			(188,944		)	177,771
Selling, general and administrative	186			16,000			3,847			32,499		7,249			—			59,781
Depreciation and amortization	—			8			5,682			—		50,214			—			55,904
Loss on impairment / retirement of fixed assets, net	—			—			25			407		250			—			682
	188			118,232			28,462			300,561		75,447			(188,944		)	333,946
Operating income (loss)	30,052			(10,421		)	9,912			15,637		57,064			—			102,244
Interest (income) expense, net	6,673			4,996			6,045			15,165		(10,033		)	—			22,846
Net effect of swaps	2,126			8,653			—			—		—			—			10,779
(Gain) loss on foreign currency	—			12			(9,484		)	—		—			—			(9,472		)
Other (income) expense	64			(24,465		)	926			—		23,592			—			117
Income from investment in affiliates	(45,594		)	(45,111		)	(11,401		)	—		(23,567		)	125,673			—
Income before taxes	66,783			45,494			23,826			472		67,072			(125,673		)	77,974
Provision (benefit) for taxes	3,485			(102		)	256			472		10,565			—			14,676
Net income	$	63,298		$	45,596		$	23,570		$	—	$	56,507		$	(125,673	)	$	63,298
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	(4,632		)	—			(4,632		)	—		—			4,632			(4,632		)
Other comprehensive income (loss), (net of tax)	(4,632		)	—			(4,632		)	—		—			4,632			(4,632		)
Total comprehensive income	$	58,666		$	45,596		$	18,938		$	—	$	56,507		$	(121,041	)	$	58,666



	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Co-Issuer Subsidiary (Millennium)		Guarantor Subsidiaries			Eliminations			Total

Net revenues	$	23,937		$	91,527		$	29,648		$	279,133	$	118,781		$	(162,710	)	$	380,316
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			3,184			25,595		6,239			—			35,018
Operating expenses	—			93,036			14,254			211,865		10,972			(162,710		)	167,417
Selling, general and administrative	926			15,638			3,556			27,351		6,570			—			54,041
Depreciation and amortization	—			8			5,940			—		46,271			—			52,219
Loss on impairment / retirement of fixed assets, net	—			—			27			795		2,550			—			3,372
	926			108,682			26,961			265,606		72,602			(162,710		)	312,067
Operating income (loss)	23,011			(17,155		)	2,687			13,527		46,179			—			68,249
Interest (income) expense, net	5,736			4,592			6,068			13,046		(8,160		)	—			21,282
Net effect of swaps	(324		)	(582		)	—			—		—			—			(906		)
Loss on foreign currency	—			62			14,922			—		—			—			14,984
Other (income) expense	64			(22,751		)	932			—		21,671			—			(84		)
(Income) loss from investment in affiliates	(4,198		)	(2,531		)	(8,982		)	—		13,602			2,109			—
Income (loss) before taxes	21,733			4,055			(10,253		)	481		19,066			(2,109		)	32,973
Provision (benefit) for taxes	2,490			(143		)	3,346			481		7,556			—			13,730
Net income (loss)	$	19,243		$	4,198		$	(13,599	)	$	—	$	11,510		$	(2,109	)	$	19,243
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	6,662			—			6,662			—		—			(6,662		)	6,662
Cash flow hedging derivative activity	2,116			727			—			—		—			(727		)	2,116
Other comprehensive income (loss), (net of tax)	8,778			727			6,662			—		—			(7,389		)	8,778
Total comprehensive income (loss)	$	28,021		$	4,925		$	(6,937	)	$	—	$	11,510		$	(9,498	)	$	28,021



	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Co-Issuer Subsidiary (Millennium)		Guarantor Subsidiaries			Eliminations			Total

Net revenues	$	14,598		$	111,096		$	38,670		$	380,785	$	141,228		$	(183,210	)	$	503,167
Costs and expenses:
Cost of food, merchandise and games revenues	—			51			3,926			36,330		7,150			—			47,457
Operating expenses	2			150,345			20,745			268,117		19,977			(183,210		)	275,976
Selling, general and administrative	1,625			30,552			4,865			46,061		8,344			—			91,447
Depreciation and amortization	—			16			5,682			—		63,795			—			69,493
Loss on impairment / retirement of fixed assets, net	—			—			35			793		1,278			—			2,106
Gain on sale of investment	—			(617		)	—			—		—			—			(617		)
	1,627			180,347			35,253			351,301		100,544			(183,210		)	485,862
Operating income (loss)	12,971			(69,251		)	3,417			29,484		40,684			—			17,305
Interest (income) expense, net	13,064			10,026			11,758			28,549		(19,864		)	—			43,533
Net effect of swaps	3,117			14,041			—			—		—			—			17,158
(Gain) loss on foreign currency	—			1			(18,142		)	—		—			—			(18,141		)
Other (income) expense	123			(35,971		)	2,025			—		34,262			—			439
(Income) loss from investment in affiliates	12,855			(30,452		)	(6,798		)	—		(17,377		)	41,772			—
Income (loss) before taxes	(16,188		)	(26,896		)	14,574			935		43,663			(41,772		)	(25,684		)
Provision (benefit) for taxes	4,187			(14,041		)	(2,803		)	935		6,413			—			(5,309		)
Net income (loss)	$	(20,375	)	$	(12,855	)	$	17,377		$	—	$	37,250		$	(41,772	)	$	(20,375	)
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	(7,682		)	—			(7,682		)	—		—			7,682			(7,682		)
Other comprehensive income (loss), (net of tax)	(7,682		)	—			(7,682		)	—		—			7,682			(7,682		)
Total comprehensive income (loss)	$	(28,057	)	$	(12,855	)	$	9,695		$	—	$	37,250		$	(34,090	)	$	(28,057	)



	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Co-Issuer Subsidiary (Millennium)		Guarantor Subsidiaries			Eliminations			Total

Net revenues	$	13,170		$	92,381		$	29,919		$	332,864	$	120,487		$	(153,778	)	$	435,043
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			3,184			31,494		6,343			—			41,021
Operating expenses	—			135,707			19,970			234,485		19,861			(153,778		)	256,245
Selling, general and administrative	1,685			30,088			4,236			38,994		7,720			—			82,723
Depreciation and amortization	—			16			5,940			—		51,784			—			57,740
Loss on impairment / retirement of fixed assets, net	—			—			67			1,446		3,199			—			4,712
	1,685			165,811			33,397			306,419		88,907			(153,778		)	442,441
Operating income (loss)	11,485			(73,430		)	(3,478		)	26,445		31,580			—			(7,398		)
Interest (income) expense, net	10,640			8,959			11,651			24,599		(15,031		)	—			40,818
Net effect of swaps	(2,531		)	(2,003		)	—			—		—			—			(4,534		)
Loss on early debt extinguishment	—			187			—			886		—			—			1,073
Loss on foreign currency	—			21			25,057			—		—			—			25,078
Other (income) expense	123			(32,555		)	1,786			—		30,439			—			(207		)
(Income) loss from investment in affiliates	64,330			26,284			(5,069		)	—		34,187			(119,732		)	—
Income (loss) before taxes	(61,077		)	(74,323		)	(36,903		)	960		(18,015		)	119,732			(69,626		)
Provision (benefit) for taxes	3,080			(9,994		)	(2,716		)	960		3,201			—			(5,469		)
Net loss	$	(64,157	)	$	(64,329	)	$	(34,187	)	$	—	$	(21,216	)	$	119,732		$	(64,157	)
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	11,266			—			11,266			—		—			(11,266		)	11,266
Cash flow hedging derivative activity	4,134			1,357			—			—		—			(1,357		)	4,134
Other comprehensive income (loss), (net of tax)	15,400			1,357			11,266			—		—			(12,623		)	15,400
Total comprehensive loss	$	(48,757	)	$	(62,972	)	$	(22,921	)	$	—	$	(21,216	)	$	107,109		$	(48,757	)



	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Co-Issuer Subsidiary (Millennium)			Guarantor Subsidiaries			Eliminations			Total

NET CASH FROM (FOR) OPERATING ACTIVITIES	$	53,711		$	(28,342	)	$	9,120		$	(2,965	)	$	69,406		$	(2,246	)	$	98,684
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Intercompany receivables (payments) receipts	—			—			—			—			(47,144		)	47,144			—
Proceeds from returns on investments	—			38,030			—			—			—			(38,030		)	—
Proceeds from sale of investment	—			617			—			—			—			—			617
Capital expenditures	—			—			(12,817		)	(230,504		)	(19,532		)	—			(262,853		)
Net cash from (for) investing activities	—			38,647			(12,817		)	(230,504		)	(66,676		)	9,114			(262,236		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	51,418			(4,274		)	—			—			—			(47,144		)	—
Payments for returns of capital	—			—			(38,030		)	—			—			38,030			—
Note borrowings	—			—			—			500,000			—			—			500,000
Term debt payments	—			(328		)	—			(1,547		)	—			—			(1,875		)
Distributions paid to partners	(105,129		)	—			—			—			—			443			(104,686		)
Payment of debt issuance costs and original issue discount	—			—			—			(7,712		)	—			—			(7,712		)
Tax effect of units involved in treasury unit transactions	—			(1,561		)	—			—			—			—			(1,561		)
Payments related to tax withholding for equity compensation	—			(4,142		)	—			—			—			—			(4,142		)
Net cash from (for) financing activities	(53,711		)	(10,305		)	(38,030		)	490,741			—			(8,671		)	380,024
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—			2,921			—			—			—			2,921
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	—			—			(38,806		)	257,272			2,730			(1,803		)	219,393
Balance, beginning of period	—			—			73,326			30,663			2,052			(692		)	105,349
Balance, end of period	$	—		$	—		$	34,520		$	287,935		$	4,782		$	(2,495	)	$	324,742



	Cedar Fair L.P. (Parent)			Co-Issuer Subsidiary (Magnum)			Co-Issuer Subsidiary (Cedar Canada)			Co-Issuer Subsidiary (Millennium)			Guarantor Subsidiaries			Eliminations			Total

NET CASH FROM (FOR) OPERATING ACTIVITIES	$	56,049		$	48,573		$	2,897		$	(13,826	)	$	(7,672	)	$	(256	)	$	85,765
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Intercompany receivables (payments) receipts	—			—			(37,892		)	—			31,123			6,769			—
Capital expenditures	—			—			(8,495		)	(70,399		)	(21,743		)	—			(100,637		)
Net cash from (for) investing activities	—			—			(46,387		)	(70,399		)	9,380			6,769			(100,637		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	45,171			(38,402		)	—			—			—			(6,769		)	—
Net borrowings on revolving credit loans	—			—			—			25,000			—			—			25,000
Distributions paid to partners	(101,220		)	—			—			—			—			662			(100,558		)
Payment of debt issuance costs and original issue discount	—			(321		)	—			(2,191		)	—			—			(2,512		)
Exercise of limited partnership unit options	—			125			—			—			—			—			125
Tax effect of units involved in treasury unit transactions	—			(3,045		)	—			—			—			—			(3,045		)
Payments related to tax withholding for equity compensation	—			(6,930		)	—			—			—			—			(6,930		)
Net cash from (for) financing activities	(56,049		)	(48,573		)	—			22,809			—			(6,107		)	(87,920		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—			(3,334		)	—			—			—			(3,334		)
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	—			—			(46,824		)	(61,416		)	1,708			406			(106,126		)
Balance, beginning of period	—			—			85,758			80,430			1,152			(1,095		)	166,245
Balance, end of period	$	—		$	—		$	38,934		$	19,014		$	2,860		$	(689	)	$	60,119