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 September 29, 2019, December 31, 2018, and September 23, 2018 and for the three and nine month periods ended September 29, 2019 and September 23, 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	$	—	$	—	$	72,626	$	186,076	$	(586	)	$	258,116
Receivables	—		1,013		34,777		1,065,774		(1,032,810		)	68,754
Inventories	—		—		2,616		35,118		—			37,734
Other current assets	290		585		3,610		18,067		(2,356		)	20,196
	290		1,598		113,629		1,305,035		(1,035,752		)	384,800
Property and Equipment, net	—		777		180,417		1,651,137		—			1,832,331
Investment in Park	681,560		1,373,024		291,833		264,426		(2,610,843		)	—
Goodwill	674		—		60,178		297,599		—			358,451
Other Intangibles, net	—		—		13,415		46,278		—			59,693
Deferred Tax Asset	—		18,224		—		—		(18,224		)	—
Right-of-Use Asset	—		—		83		10,984		—			11,067
Other Assets	—		—		38		11,631		—			11,669
	$	682,524	$	1,393,623	$	659,593	$	3,587,090	$	(3,664,819	)	$	2,658,011
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Current maturities of long-term debt	$	—	$	1,313	$	—	$	6,187	$	—		$	7,500
Accounts payable	630,144		406,621		3,198		26,361		(1,033,396		)	32,928
Deferred revenue	—		—		12,344		117,921		—			130,265
Accrued interest	136		91		7,999		21,955		—			30,181
Accrued taxes	1,955		217		—		48,449		(2,356		)	48,265
Accrued salaries, wages and benefits	—		35,923		3,283		—		—			39,206
Self-insurance reserves	—		9,837		1,560		12,440		—			23,837
Other accrued liabilities	3,524		4,276		498		8,999		—			17,297
	635,759		458,278		28,882		242,312		(1,035,752		)	329,479
Deferred Tax Liability	—		—		13,366		87,516		(18,224		)	82,658
Derivative Liability	4,046		23,727		—		—		—			27,773
Lease Liability	—		—		68		7,372		—			7,440
Other Liabilities	—		761		477		17,728		—			18,966
Long-Term Debt:
Term debt	—		126,028		—		591,336		—			717,364
Notes	—		—		446,665		984,947		—			1,431,612
	—		126,028		446,665		1,576,283		—			2,148,976

Equity	42,719		784,829		170,135		1,655,879		(2,610,843		)	42,719
	$	682,524	$	1,393,623	$	659,593	$	3,587,090	$	(3,664,819	)	$	2,658,011



	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	$	—	$	—	$	77,878	$	116,511	$	(3,633	)	$	190,756
Receivables	—		991		47,193		895,263		(885,049		)	58,398
Inventories	—		—		2,260		34,289		—			36,549
Other current assets	293		1,170		3,594		19,546		(2,728		)	21,875
	293		2,161		130,925		1,065,609		(891,410		)	307,578
Property and Equipment, net	—		811		178,522		1,409,366		—			1,588,699
Investment in Park	648,414		1,205,086		259,710		246,968		(2,360,178		)	—
Goodwill	674		—		61,725		119,605		—			182,004
Other Intangibles, net	—		—		13,763		23,368		—			37,131
Deferred Tax Asset	—		19,870		—		—		(19,870		)	—
Other Assets	1,197		2,926		39		9,374		—			13,536
	$	650,578	$	1,230,854	$	644,684	$	2,874,290	$	(3,271,458	)	$	2,128,948
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Current maturities of long-term debt	$	—	$	656	$	—	$	3,094	$	—		$	3,750
Accounts payable	553,952		334,696		2,868		30,155		(888,682		)	32,989
Deferred revenue	—		—		9,397		92,929		—			102,326
Accrued interest	113		75		7,601		14,104		—			21,893
Accrued taxes	1,551		38,538		—		11,011		(2,728		)	48,372
Accrued salaries, wages and benefits	—		28,162		2,416		—		—			30,578
Self-insurance reserves	—		10,459		1,635		13,829		—			25,923
Other accrued liabilities	3,292		6,796		585		11,559		—			22,232
	558,908		419,382		24,502		176,681		(891,410		)	288,063
Deferred Tax Liability	—		—		12,562		81,945		(19,870		)	74,637
Other Liabilities	—		968		390		14,934		—			16,292
Long-Term Debt:
Term debt	—		126,800		—		594,046		—			720,846
Notes	—		—		445,846		491,594		—			937,440
	—		126,800		445,846		1,085,640		—			1,658,286

Equity	91,670		683,704		161,384		1,515,090		(2,360,178		)	91,670
	$	650,578	$	1,230,854	$	644,684	$	2,874,290	$	(3,271,458	)	$	2,128,948



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

Net revenues	$	73,704		$	198,065		$	86,566		$	659,928		$	(303,751	)	$	714,512
Costs and expenses:
Cost of food, merchandise, and games revenues	—			(51		)	7,263			51,263			—			58,475
Operating expenses	—			135,330			21,920			374,126			(303,751		)	227,625
Selling, general and administrative	1,131			25,002			4,686			52,261			—			83,080
Depreciation and amortization	—			9			7,121			61,205			—			68,335
(Gain) loss on impairment / retirement of fixed assets, net	—			—			(305		)	1,980			—			1,675
	1,131			160,290			40,685			540,835			(303,751		)	439,190
Operating income	72,573			37,775			45,881			119,093			—			275,322
Interest expense, net	6,640			5,313			6,022			9,185			—			27,160
Net effect of swaps	20			3,890			—			—			—			3,910
Loss on foreign currency	—			13			5,595			—			—			5,608
Other (income) expense	63			(26,185		)	949			25,047			—			(126		)
Income from investment in affiliates	(129,774		)	(98,037		)	(22,574		)	(48,597		)	298,982			—
Income before taxes	195,624			152,781			55,889			133,458			(298,982		)	238,770
Provision for taxes	5,668			23,005			7,295			12,847			—			48,815
Net income	$	189,956		$	129,776		$	48,594		$	120,611		$	(298,982	)	$	189,955
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	2,554			—			2,554			—			(2,554		)	2,554
Other comprehensive income (loss), (net of tax)	2,554			—			2,554			—			(2,554		)	2,554
Total comprehensive income	$	192,510		$	129,776		$	51,148		$	120,611		$	(301,536	)	$	192,509



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

Net revenues	$	71,751		$	182,833		$	81,265		$	613,094		$	(285,240	)	$	663,703
Costs and expenses:
Cost of food, merchandise, and games revenues	—			—			7,020			46,871			—			53,891
Operating expenses	—			122,455			20,145			349,145			(285,240		)	206,505
Selling, general and administrative	185			20,666			4,582			41,681			—			67,114
Depreciation and amortization	—			8			8,379			65,987			—			74,374
Loss on impairment / retirement of fixed assets, net	—			—			—			3,247			—			3,247
	185			143,129			40,126			506,931			(285,240		)	405,131
Operating income	71,566			39,704			41,139			106,163			—			258,572
Interest expense, net	5,879			4,072			5,986			4,997			—			20,934
Net effect of swaps	265			(1,482		)	—			—			—			(1,217		)
(Gain) loss on foreign currency	—			15			(13,069		)	—			—			(13,054		)
Other (income) expense	63			(28,849		)	1,484			27,134			—			(168		)
Income from investment in affiliates	(153,756		)	(100,629		)	(16,509		)	(56,985		)	327,879			—
Income before taxes	219,115			166,577			63,247			131,017			(327,879		)	252,077
Provision for taxes	5,808			12,823			6,261			13,878			—			38,770
Net income	$	213,307		$	153,754		$	56,986		$	117,139		$	(327,879	)	$	213,307
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	(5,276		)	—			(5,276		)	—			5,276			(5,276		)
Cash flow hedging derivative activity	2,116			728			—			—			(728		)	2,116
Other comprehensive income (loss), (net of tax)	(3,160		)	728			(5,276		)	—			4,548			(3,160		)
Total comprehensive income	$	210,147		$	154,482		$	51,710		$	117,139		$	(323,331	)	$	210,147



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

Net revenues	$	88,302		$	309,161		$	125,236		$	1,130,613		$	(435,633	)	$	1,217,679
Costs and expenses:
Cost of food, merchandise, and games revenues	—			—			11,189			94,743			—			105,932
Operating expenses	2			285,675			42,665			610,892			(435,633		)	503,601
Selling, general and administrative	2,756			55,554			9,551			106,666			—			174,527
Depreciation and amortization	—			25			12,803			125,000			—			137,828
(Gain) loss on impairment / retirement of fixed assets, net	—			—			(270		)	4,051			—			3,781
Gain on sale of investment	—			(617		)	—			—			—			(617		)
	2,758			340,637			75,938			941,352			(435,633		)	925,052
Operating income (loss)	85,544			(31,476		)	49,298			189,261			—			292,627
Interest expense, net	19,704			15,339			17,780			17,870			—			70,693
Net effect of swaps	3,137			17,931			—			—			—			21,068
(Gain) loss on foreign currency	—			14			(12,547		)	—			—			(12,533		)
Other (income) expense	186			(62,156		)	2,974			59,309			—			313
Income from investment in affiliates	(116,919		)	(128,489		)	(29,372		)	(65,974		)	340,754			—
Income before taxes	179,436			125,885			70,463			178,056			(340,754		)	213,086
Provision for taxes	9,855			8,964			4,492			20,195			—			43,506
Net income	$	169,581		$	116,921		$	65,971		$	157,861		$	(340,754	)	$	169,580
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	(5,128		)	—			(5,128		)	—			5,128			(5,128		)
Other comprehensive income (loss), (net of tax)	(5,128		)	—			(5,128		)	—			5,128			(5,128		)
Total comprehensive income	$	164,453		$	116,921		$	60,843		$	157,861		$	(335,626	)	$	164,452



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

Net revenues	$	84,921		$	275,214		$	111,184		$	1,023,713		$	(396,286	)	$	1,098,746
Costs and expenses:
Cost of food, merchandise, and games revenues	—			—			10,204			84,708			—			94,912
Operating expenses	—			258,162			40,115			560,759			(396,286		)	462,750
Selling, general and administrative	1,870			50,754			8,818			88,395			—			149,837
Depreciation and amortization	—			24			14,319			117,771			—			132,114
Loss on impairment / retirement of fixed assets, net	—			—			67			7,892			—			7,959
	1,870			308,940			73,523			859,525			(396,286		)	847,572
Operating income (loss)	83,051			(33,726		)	37,661			164,188			—			251,174
Interest expense, net	16,519			13,031			17,637			14,565			—			61,752
Net effect of swaps	(2,266		)	(3,485		)	—			—			—			(5,751		)
Loss on early debt extinguishment	—			187			—			886			—			1,073
Loss on foreign currency	—			36			11,988			—			—			12,024
Other (income) expense	186			(61,404		)	3,270			57,573			—			(375		)
Income from investment in affiliates	(89,426		)	(74,345		)	(21,578		)	(22,798		)	208,147			—
Income before taxes	158,038			92,254			26,344			113,962			(208,147		)	182,451
Provision for taxes	8,888			2,829			3,545			18,039			—			33,301
Net income	$	149,150		$	89,425		$	22,799		$	95,923		$	(208,147	)	$	149,150
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	5,990			—			5,990			—			(5,990		)	5,990
Cash flow hedging derivative activity	6,250			2,085			—			—			(2,085		)	6,250
Other comprehensive income (loss), (net of tax)	12,240			2,085			5,990			—			(8,075		)	12,240
Total comprehensive income	$	161,390		$	91,510		$	28,789		$	95,923		$	(216,222	)	$	161,390



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

NET CASH FROM (FOR) OPERATING ACTIVITIES	$	93,000		$	(82,026	)	$	51,059		$	327,653		$	(547	)	$	389,139
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Intercompany receivables (payments) receipts	—			—			—			(114,269		)	114,269			—
Proceeds from returns on investments	—			38,030			—			—			(38,030		)	—
Proceeds from sale of investment	—			617			—			—			—			617
Acquisitions, net of cash acquired	—			—			—			(270,171		)	—			(270,171		)
Capital expenditures	—			—			(16,123		)	(280,493		)	—			(296,616		)
Net cash from (for) investing activities	—			38,647			(16,123		)	(664,933		)	76,239			(566,170		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	64,698			49,571			—			—			(114,269		)	—
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	(157,698		)	—			—			—			653			(157,045		)
Payment of debt issuance costs and original issue discount	—			—			—			(7,812		)	—			(7,812		)
Tax effect of units involved in treasury unit transactions	—			(1,615		)	—			—			—			(1,615		)
Payments related to tax withholding for equity compensation	—			(4,249		)	—			—			—			(4,249		)
Net cash from (for) financing activities	(93,000		)	43,379			(38,030		)	490,641			(75,586		)	327,404
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—			2,394			—			—			2,394
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	—			—			(700		)	153,361			106			152,767
Balance, beginning of period	—			—			73,326			32,715			(692		)	105,349
Balance, end of period	$	—		$	—		$	72,626		$	186,076		$	(586	)	$	258,116



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

NET CASH FROM OPERATING ACTIVITIES	$	95,426		$	13,190		$	41,319		$	188,005		$	(3,506	)	$	334,434
CASH FLOWS FOR INVESTING ACTIVITIES
Intercompany receivables (payments) receipts	—			—			(31,877		)	(21,515		)	53,392			—
Capital expenditures	—			—			(16,355		)	(129,361		)	—			(145,716		)
Net cash for investing activities	—			—			(48,232		)	(150,876		)	53,392			(145,716		)
CASH FLOWS FOR FINANCING ACTIVITIES
Intercompany payables (payments) receipts	56,394			(3,002		)	—			—			(53,392		)	—
Distributions paid to partners	(151,820		)	—			—			—			968			(150,852		)
Payment of debt issuance costs and original issue discount	—			(321		)	—			(2,200		)	—			(2,521		)
Exercise of limited partnership unit options	—			125			—			—			—			125
Tax effect of units involved in treasury unit transactions	—			(3,049		)	—			—			—			(3,049		)
Payments related to tax withholding for equity compensation	—			(6,943		)	—			—			—			(6,943		)
Net cash for financing activities	(95,426		)	(13,190		)	—			(2,200		)	(52,424		)	(163,240		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—			(967		)	—			—			(967		)
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	—			—			(7,880		)	34,929			(2,538		)	24,511
Balance, beginning of period	—			—			85,758			81,582			(1,095		)	166,245
Balance, end of period	$	—		$	—		$	77,878		$	116,511		$	(3,633	)	$	190,756

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 2027 and 2029 senior notes (see Note 7). 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 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 September 29, 2019, December 31, 2018, and September 23, 2018 and for the three and nine month periods ended September 29, 2019 and September 23, 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	$	—	$	—	$	72,626	$	182,686	$	3,390	$	(586	)	$	258,116
Receivables	—		1,013		34,777		47,338		1,018,436		(1,032,810		)	68,754
Inventories	—		—		2,616		29,410		5,708		—			37,734
Other current assets	290		585		3,610		14,617		3,450		(2,356		)	20,196
	290		1,598		113,629		274,051		1,030,984		(1,035,752		)	384,800
Property and Equipment, net	—		777		180,417		—		1,651,137		—			1,832,331
Investment in Park	681,560		1,373,024		291,833		2,119,748		264,426		(4,730,591		)	—
Goodwill	674		—		60,178		186,382		111,217		—			358,451
Other Intangibles, net	—		—		13,415		—		46,278		—			59,693
Deferred Tax Asset	—		18,224		—		—		—		(18,224		)	—
Right-of-Use Asset	—		—		83		10,557		427		—			11,067
Other Assets	—		—		38		2,648		8,983		—			11,669
	$	682,524	$	1,393,623	$	659,593	$	2,593,386	$	3,113,452	$	(5,784,567	)	$	2,658,011
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Current maturities of long-term debt	$	—	$	1,313	$	—	$	6,187	$	—	$	—		$	7,500
Accounts payable	630,144		406,621		3,198		20,844		5,517		(1,033,396		)	32,928
Deferred revenue	—		—		12,344		92,962		24,959		—			130,265
Accrued interest	136		91		7,999		21,955		—		—			30,181
Accrued taxes	1,955		217		—		11,358		37,091		(2,356		)	48,265
Accrued salaries, wages and benefits	—		35,923		3,283		—		—		—			39,206
Self-insurance reserves	—		9,837		1,560		10,833		1,607		—			23,837
Other accrued liabilities	3,524		4,276		498		6,971		2,028		—			17,297
	635,759		458,278		28,882		171,110		71,202		(1,035,752		)	329,479
Deferred Tax Liability	—		—		13,366		—		87,516		(18,224		)	82,658
Derivative Liability	4,046		23,727		—		—		—		—			27,773
Lease Liability	—		—		68		7,114		258		—			7,440
Other Liabilities	—		761		477		6,193		11,535		—			18,966
Long-Term Debt:
Term debt	—		126,028		—		591,336		—		—			717,364
Notes	—		—		446,665		984,947		—		—			1,431,612
	—		126,028		446,665		1,576,283		—		—			2,148,976

Equity	42,719		784,829		170,135		832,686		2,942,941		(4,730,591		)	42,719
	$	682,524	$	1,393,623	$	659,593	$	2,593,386	$	3,113,452	$	(5,784,567	)	$	2,658,011



	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	$	—	$	—	$	77,878	$	115,323	$	1,188	$	(3,633	)	$	190,756
Receivables	—		991		47,193		36,711		858,552		(885,049		)	58,398
Inventories	—		—		2,260		28,205		6,084		—			36,549
Other current assets	293		1,170		3,594		15,871		3,675		(2,728		)	21,875
	293		2,161		130,925		196,110		869,499		(891,410		)	307,578
Property and Equipment, net	—		811		178,522		—		1,409,366		—			1,588,699
Investment in Park	648,414		1,205,086		259,710		1,490,666		246,968		(3,850,844		)	—
Goodwill	674		—		61,725		8,388		111,217		—			182,004
Other Intangibles, net	—		—		13,763		—		23,368		—			37,131
Deferred Tax Asset	—		19,870		—		—		—		(19,870		)	—
Other Assets	1,197		2,926		39		312		9,062		—			13,536
	$	650,578	$	1,230,854	$	644,684	$	1,695,476	$	2,669,480	$	(4,762,124	)	$	2,128,948
LIABILITIES AND PARTNERS’ EQUITY
Current Liabilities:
Current maturities of long-term debt	$	—	$	656	$	—	$	3,094	$	—	$	—		$	3,750
Accounts payable	553,952		334,696		2,868		23,330		6,825		(888,682		)	32,989
Deferred revenue	—		—		9,397		66,342		26,587		—			102,326
Accrued interest	113		75		7,601		14,104		—		—			21,893
Accrued taxes	1,551		38,538		—		9,569		1,442		(2,728		)	48,372
Accrued salaries, wages and benefits	—		28,162		2,416		—		—		—			30,578
Self-insurance reserves	—		10,459		1,635		11,856		1,973		—			25,923
Other accrued liabilities	3,292		6,796		585		6,937		4,622		—			22,232
	558,908		419,382		24,502		135,232		41,449		(891,410		)	288,063
Deferred Tax Liability	—		—		12,562		—		81,945		(19,870		)	74,637
Other Liabilities	—		968		390		3,304		11,630		—			16,292
Long-Term Debt:
Term debt	—		126,800		—		594,046		—		—			720,846
Notes	—		—		445,846		491,594		—		—			937,440
	—		126,800		445,846		1,085,640		—		—			1,658,286

Equity	91,670		683,704		161,384		471,300		2,534,456		(3,850,844		)	91,670
	$	650,578	$	1,230,854	$	644,684	$	1,695,476	$	2,669,480	$	(4,762,124	)	$	2,128,948



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

Net revenues	$	73,704		$	198,065		$	86,566		$	522,712	$	187,734		$	(354,269	)	$	714,512
Costs and expenses:
Cost of food, merchandise and games revenues	—			(51		)	7,263			42,719		8,544			—			58,475
Operating expenses	—			135,330			21,920			414,642		10,002			(354,269		)	227,625
Selling, general and administrative	1,131			25,002			4,686			45,217		7,044			—			83,080
Depreciation and amortization	—			9			7,121			13		61,192			—			68,335
(Gain) loss on impairment / retirement of fixed assets, net	—			—			(305		)	367		1,613			—			1,675
	1,131			160,290			40,685			502,958		88,395			(354,269		)	439,190
Operating income	72,573			37,775			45,881			19,754		99,339			—			275,322
Interest (income) expense, net	6,640			5,313			6,022			19,292		(10,107		)	—			27,160
Net effect of swaps	20			3,890			—			—		—			—			3,910
Loss on foreign currency	—			13			5,595			—		—			—			5,608
Other (income) expense	63			(26,185		)	949			—		25,047			—			(126		)
Income from investment in affiliates	(129,774		)	(98,037		)	(22,574		)	—		(48,597		)	298,982			—
Income before taxes	195,624			152,781			55,889			462		132,996			(298,982		)	238,770
Provision for taxes	5,668			23,005			7,295			462		12,385			—			48,815
Net income	$	189,956		$	129,776		$	48,594		$	—	$	120,611		$	(298,982	)	$	189,955
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	2,554			—			2,554			—		—			(2,554		)	2,554
Other comprehensive income (loss), (net of tax)	2,554			—			2,554			—		—			(2,554		)	2,554
Total comprehensive income	$	192,510		$	129,776		$	51,148		$	—	$	120,611		$	(301,536	)	$	192,509



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

Net revenues	$	71,751		$	182,833		$	81,265		$	474,711	$	189,672		$	(336,529	)	$	663,703
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			7,020			38,134		8,737			—			53,891
Operating expenses	—			122,455			20,145			388,158		12,276			(336,529		)	206,505
Selling, general and administrative	185			20,666			4,582			34,578		7,103			—			67,114
Depreciation and amortization	—			8			8,379			—		65,987			—			74,374
Loss on impairment / retirement of fixed assets, net	—			—			—			422		2,825			—			3,247
	185			143,129			40,126			461,292		96,928			(336,529		)	405,131
Operating income	71,566			39,704			41,139			13,419		92,744			—			258,572
Interest (income) expense, net	5,879			4,072			5,986			12,940		(7,943		)	—			20,934
Net effect of swaps	265			(1,482		)	—			—		—			—			(1,217		)
(Gain) loss on foreign currency	—			15			(13,069		)	—		—			—			(13,054		)
Other (income) expense	63			(28,849		)	1,484			—		27,134			—			(168		)
Income from investment in affiliates	(153,756		)	(100,629		)	(16,509		)	—		(56,985		)	327,879			—
Income before taxes	219,115			166,577			63,247			479		130,538			(327,879		)	252,077
Provision for taxes	5,808			12,823			6,261			479		13,399			—			38,770
Net income	$	213,307		$	153,754		$	56,986		$	—	$	117,139		$	(327,879	)	$	213,307
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	(5,276		)	—			(5,276		)	—		—			5,276			(5,276		)
Cash flow hedging derivative activity	2,116			728			—			—		—			(728		)	2,116
Other comprehensive income (loss), (net of tax)	(3,160		)	728			(5,276		)	—		—			4,548			(3,160		)
Total comprehensive income	$	210,147		$	154,482		$	51,710		$	—	$	117,139		$	(323,331	)	$	210,147



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

Net revenues	$	88,302		$	309,161		$	125,236		$	903,497	$	328,962		$	(537,479	)	$	1,217,679
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			11,189			79,049		15,694			—			105,932
Operating expenses	2			285,675			42,665			682,759		29,979			(537,479		)	503,601
Selling, general and administrative	2,756			55,554			9,551			91,278		15,388			—			174,527
Depreciation and amortization	—			25			12,803			13		124,987			—			137,828
(Gain) loss on impairment / retirement of fixed assets, net	—			—			(270		)	1,160		2,891			—			3,781
Gain on sale of investment	—			(617		)	—			—		—			—			(617		)
	2,758			340,637			75,938			854,259		188,939			(537,479		)	925,052
Operating income (loss)	85,544			(31,476		)	49,298			49,238		140,023			—			292,627
Interest (income) expense, net	19,704			15,339			17,780			47,841		(29,971		)	—			70,693
Net effect of swaps	3,137			17,931			—			—		—			—			21,068
(Gain) loss on foreign currency	—			14			(12,547		)	—		—			—			(12,533		)
Other (income) expense	186			(62,156		)	2,974			—		59,309			—			313
Income from investment in affiliates	(116,919		)	(128,489		)	(29,372		)	—		(65,974		)	340,754			—
Income before taxes	179,436			125,885			70,463			1,397		176,659			(340,754		)	213,086
Provision for taxes	9,855			8,964			4,492			1,397		18,798			—			43,506
Net income	$	169,581		$	116,921		$	65,971		$	—	$	157,861		$	(340,754	)	$	169,580
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	(5,128		)	—			(5,128		)	—		—			5,128			(5,128		)
Other comprehensive income (loss), (net of tax)	(5,128		)	—			(5,128		)	—		—			5,128			(5,128		)
Total comprehensive income	$	164,453		$	116,921		$	60,843		$	—	$	157,861		$	(335,626	)	$	164,452



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

Net revenues	$	84,921		$	275,214		$	111,184		$	807,575	$	310,159		$	(490,307	)	$	1,098,746
Costs and expenses:
Cost of food, merchandise and games revenues	—			—			10,204			69,628		15,080			—			94,912
Operating expenses	—			258,162			40,115			622,643		32,137			(490,307		)	462,750
Selling, general and administrative	1,870			50,754			8,818			73,572		14,823			—			149,837
Depreciation and amortization	—			24			14,319			—		117,771			—			132,114
Loss on impairment / retirement of fixed assets, net	—			—			67			1,868		6,024			—			7,959
	1,870			308,940			73,523			767,711		185,835			(490,307		)	847,572
Operating income (loss)	83,051			(33,726		)	37,661			39,864		124,324			—			251,174
Interest (income) expense, net	16,519			13,031			17,637			37,539		(22,974		)	—			61,752
Net effect of swaps	(2,266		)	(3,485		)	—			—		—			—			(5,751		)
Loss on early debt extinguishment	—			187			—			886		—			—			1,073
Loss on foreign currency	—			36			11,988			—		—			—			12,024
Other (income) expense	186			(61,404		)	3,270			—		57,573			—			(375		)
Income from investment in affiliates	(89,426		)	(74,345		)	(21,578		)	—		(22,798		)	208,147			—
Income before taxes	158,038			92,254			26,344			1,439		112,523			(208,147		)	182,451
Provision for taxes	8,888			2,829			3,545			1,439		16,600			—			33,301
Net income	$	149,150		$	89,425		$	22,799		$	—	$	95,923		$	(208,147	)	$	149,150
Other comprehensive income (loss), (net of tax):
Foreign currency translation adjustment	5,990			—			5,990			—		—			(5,990		)	5,990
Cash flow hedging derivative activity	6,250			2,085			—			—		—			(2,085		)	6,250
Other comprehensive income (loss), (net of tax)	12,240			2,085			5,990			—		—			(8,075		)	12,240
Total comprehensive income	$	161,390		$	91,510		$	28,789		$	—	$	95,923		$	(216,222	)	$	161,390



	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	$	93,000		$	(82,026	)	$	51,059		$	182,457		$	145,196		$	(547	)	$	389,139
CASH FLOWS FROM (FOR) INVESTING ACTIVITIES
Intercompany receivables (payments) receipts	—			—			—			—			(114,269		)	114,269			—
Proceeds from returns on investments	—			38,030			—			—			—			(38,030		)	—
Proceeds from sale of investment	—			617			—			—			—			—			617
Acquisitions, net of cash acquired	—			—			—			(270,171		)	—			—			(270,171		)
Capital expenditures	—			—			(16,123		)	(250,904		)	(29,589		)	—			(296,616		)
Net cash from (for) investing activities	—			38,647			(16,123		)	(521,075		)	(143,858		)	76,239			(566,170		)
CASH FLOWS FROM (FOR) FINANCING ACTIVITIES
Intercompany payables (payments) receipts	64,698			49,571			—			—			—			(114,269		)	—
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	(157,698		)	—			—			—			—			653			(157,045		)
Payment of debt issuance costs and original issue discount	—			—			—			(7,812		)	—			—			(7,812		)
Tax effect of units involved in treasury unit transactions	—			(1,615		)	—			—			—			—			(1,615		)
Payments related to tax withholding for equity compensation	—			(4,249		)	—			—			—			—			(4,249		)
Net cash from (for) financing activities	(93,000		)	43,379			(38,030		)	490,641			—			(75,586		)	327,404
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—			2,394			—			—			—			2,394
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	—			—			(700		)	152,023			1,338			106			152,767
Balance, beginning of period	—			—			73,326			30,663			2,052			(692		)	105,349
Balance, end of period	$	—		$	—		$	72,626		$	182,686		$	3,390		$	(586	)	$	258,116



	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 OPERATING ACTIVITIES	$	95,426		$	13,190		$	41,319		$	136,066		$	51,939		$	(3,506	)	$	334,434
CASH FLOWS FOR INVESTING ACTIVITIES
Intercompany receivables (payments) receipts	—			—			(31,877		)	—			(21,515		)	53,392			—
Capital expenditures	—			—			(16,355		)	(98,973		)	(30,388		)	—			(145,716		)
Net cash for investing activities	—			—			(48,232		)	(98,973		)	(51,903		)	53,392			(145,716		)
CASH FLOWS FOR FINANCING ACTIVITIES
Intercompany payables (payments) receipts	56,394			(3,002		)	—			—			—			(53,392		)	—
Distributions paid to partners	(151,820		)	—			—			—			—			968			(150,852		)
Payment of debt issuance costs and original issue discount	—			(321		)	—			(2,200		)	—			—			(2,521		)
Exercise of limited partnership unit options	—			125			—			—			—			—			125
Tax effect of units involved in treasury unit transactions	—			(3,049		)	—			—			—			—			(3,049		)
Payments related to tax withholding for equity compensation	—			(6,943		)	—			—			—			—			(6,943		)
Net cash for financing activities	(95,426		)	(13,190		)	—			(2,200		)	—			(52,424		)	(163,240		)
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	—			—			(967		)	—			—			—			(967		)
CASH AND CASH EQUIVALENTS
Net increase (decrease) for the period	—			—			(7,880		)	34,893			36			(2,538		)	24,511
Balance, beginning of period	—			—			85,758			80,430			1,152			(1,095		)	166,245
Balance, end of period	$	—		$	—		$	77,878		$	115,323		$	1,188		$	(3,633	)	$	190,756