þ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
o | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
Nevada
(State or other jurisdiction of incorporation or organization) |
27-0099920
(IRS Employer Identification No.) |
|
3355 Las Vegas Boulevard South
Las Vegas, Nevada (Address of principal executive offices) |
89109
(Zip Code) |
Title of Each Class | Name of Each Exchange on Which Registered | |
Common Stock ($0.001 par value) | New York Stock Exchange |
Large accelerated filer þ | Accelerated filer o | Non-Accelerated filer o | Smaller reporting company o | |||
(Do not check if a smaller reporting company) |
Description of document | Part of the Form 10-K | |
Portions of the definitive Proxy
Statement to be used in connection with
the registrants 2012 Annual Meeting of
Stockholders
|
Part III (Item 10 through Item 14) |
Page | ||||||||
|
||||||||
3 | ||||||||
|
||||||||
21 | ||||||||
|
||||||||
34 | ||||||||
|
||||||||
34 | ||||||||
|
||||||||
35 | ||||||||
|
||||||||
35 | ||||||||
|
||||||||
|
||||||||
36 | ||||||||
|
||||||||
38 | ||||||||
|
||||||||
39 | ||||||||
|
||||||||
62 | ||||||||
|
||||||||
64 | ||||||||
|
||||||||
120 | ||||||||
|
||||||||
120 | ||||||||
|
||||||||
121 | ||||||||
|
||||||||
|
||||||||
122 | ||||||||
|
||||||||
122 | ||||||||
|
||||||||
122 | ||||||||
|
||||||||
122 | ||||||||
|
||||||||
122 | ||||||||
|
||||||||
|
||||||||
123 | ||||||||
|
||||||||
Exhibit 10.48 | ||||||||
Exhibit 10.63 | ||||||||
Exhibit 10.86 | ||||||||
Exhibit 10.87 | ||||||||
Exhibit 10.88 | ||||||||
Exhibit 21.1 | ||||||||
Exhibit 23.1 | ||||||||
Exhibit 31.1 | ||||||||
Exhibit 31.2 | ||||||||
Exhibit 32.1 | ||||||||
Exhibit 32.2 | ||||||||
EX-101 INSTANCE DOCUMENT | ||||||||
EX-101 SCHEMA DOCUMENT | ||||||||
EX-101 CALCULATION LINKBASE DOCUMENT | ||||||||
EX-101 LABELS LINKBASE DOCUMENT | ||||||||
EX-101 PRESENTATION LINKBASE DOCUMENT | ||||||||
EX-101 DEFINITION LINKBASE DOCUMENT |
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Mall Name
Total GLA(1)
Selected Significant Tenants
817,251
(2)
Manchester United Experience, Malo Spa, Calvin Klein,
Piaget, Zara, Esprit, Nike, Tiffany & Co.
189,170
(3)
Versace, Brioni, Canali, Cartier, Gucci, Dior, Armani,
Hugo Boss, Ralph Lauren
629,428
(4)
Louis Vuitton, Chanel, Fendi, Bvlgari, Prada, Gucci,
Robinsons, Banana Republic, Adidas
129,216
Old Farmers, DKNY, Nine West, Guess, Talbots
(1)
(2)
(3)
(4)
Table of Contents
% of
Category
Square Feet
Square Feet
Representative Tenants
mens, mixed)
445,475
29
%
Louis Vuitton, Dior, Gucci, Versace, Chanel, Fendi
357,821
23
CUT, Guy Savoy, Todai, North, Café Deco
143,664
9
Malo Spa, Sephora, The Body Shop
137,940
9
Duty free shops, The Atrium, Robinsons
131,717
8
Bvlgari, Omega, Cartier, Rolex, Tiffany & Co.
119,352
8
Coach, Salvatore Ferragamo, Tumi, Rimowa
60,338
4
Bank of China, Citibank, DBS, OCBC
58,225
4
Manchester United Experience, Adidas, Ferrari
33,064
2
Nokia, Vertu, Da Vinci, LG Live
27,221
2
The Chocolate Shop, Godiva, Cold Storage Specialty
26,030
2
Opera Gallery, Emporio di Gondola
1,540,847
100
%
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
High
Low
$
22.49
$
14.88
$
27.84
$
18.08
$
35.90
$
20.73
$
55.47
$
34.61
$
51.05
$
36.05
$
48.25
$
37.23
$
50.49
$
36.08
$
49.44
$
36.20
$
54.00
$
41.77
Preferred Stock
Dividends Paid to
Preferred Stock
Total Preferred
Board of Directors
Principal
Dividends Paid to
Stock
Declaration Date
Payment Date
Stockholders Family
Public Holders
Dividends Paid
February 17, 2009
$
13,125
$
11,347
$
24,472
May 15, 2009
13,125
10,400
23,525
August 17, 2009
13,125
10,225
23,350
November 16, 2009
13,125
10,225
23,350
$
94,697
February 16, 2010
$
13,125
$
10,225
$
23,350
May 17, 2010
13,125
10,225
23,350
August 16, 2010
13,125
10,225
23,350
November 15, 2010
13,125
10,225
23,350
$
93,400
February 15, 2011
$
13,125
$
6,473
$
19,598
May 16, 2011
13,125
6,094
19,219
August 15, 2011
13,125
6,015
19,140
November 15, 2011
13,125
4,215
17,340
$
75,297
Table of Contents
Cumulative Total Return
12/31/06
12/31/07
12/31/08
12/31/09
12/31/10
12/31/11
$
100.00
$
115.17
$
6.63
$
16.70
$
51.35
$
47.75
$
100.00
$
105.49
$
66.46
$
84.05
$
96.71
$
98.75
$
100.00
$
114.80
$
30.87
$
48.08
$
83.23
$
77.37
Table of Contents
Year Ended December 31,
2011(1)
2010(2)
2009(3)(4)
2008(5)
2007(6)
(In thousands, except per share data)
$
9,862,334
$
7,317,937
$
4,929,444
$
4,735,126
$
3,104,422
(451,589
)
(464,755
)
(366,339
)
(345,180
)
(153,855
)
9,410,745
6,853,182
4,563,105
4,389,946
2,950,567
7,020,858
5,672,596
4,591,845
4,226,283
2,620,557
2,389,887
1,180,586
(28,740
)
163,663
330,010
(268,555
)
(297,866
)
(310,748
)
(402,039
)
(172,344
)
(3,955
)
(8,260
)
(9,891
)
19,492
(8,682
)
(22,554
)
(18,555
)
(23,248
)
(9,141
)
(10,705
)
2,094,823
855,905
(372,627
)
(228,025
)
138,279
(211,704
)
(74,302
)
3,884
59,700
(21,591
)
1,883,119
781,603
(368,743
)
(168,325
)
116,688
(322,996
)
(182,209
)
14,264
4,767
1,560,123
599,394
(354,479
)
(163,558
)
116,688
(63,924
)
(92,807
)
(93,026
)
(13,638
)
(80,975
)
(92,545
)
(92,545
)
(11,568
)
(145,716
)
(6,579
)
$
1,269,508
$
407,463
$
(540,050
)
$
(188,764
)
$
116,688
$
1.74
$
0.61
$
(0.82
)
$
(0.48
)
$
0.33
$
1.56
$
0.51
$
(0.82
)
$
(0.48
)
$
0.33
$
1,508,493
$
2,023,981
$
2,092,896
$
3,789,008
$
3,793,703
December 31,
2011(1)
2010
2009
2008
2007
(In thousands)
$
22,244,123
$
21,044,308
$
20,572,106
$
17,144,113
$
11,466,517
$
9,577,131
$
9,373,755
$
10,852,147
$
10,356,115
$
7,517,997
$
$
503,379
$
410,834
$
318,289
$
$
7,850,689
$
6,662,991
$
5,850,699
$
4,422,108
$
2,260,274
(1)
(2)
(3)
(4)
(5)
(6)
Table of Contents
Year Ended December 31,
Percent
Percent
2011
Change
2010
Change
2009
(Dollars in thousands)
$
9,410,745
37.3
%
$
6,853,182
50.2
%
$
4,563,105
7,020,858
23.8
%
5,672,596
23.5
%
4,591,845
2,389,887
102.4
%
1,180,586
4,207.8
%
(28,740
)
2,094,823
144.7
%
855,905
329.7
%
(372,627
)
1,883,119
140.9
%
781,603
312.0
%
(368,743
)
1,560,123
160.3
%
599,394
269.1
%
(354,479
)
Percent of Net Revenues
Year Ended December 31,
2011
2010
2009
74.6
%
82.8
%
100.6
%
25.4
%
17.2
%
(0.6
)%
22.3
%
12.5
%
(8.2
)%
20.0
%
11.4
%
(8.1
)%
16.6
%
8.7
%
(7.8
)%
Table of Contents
Table of Contents
Year Ended December 31,
2011
2010
Percent Change
(Dollars in thousands)
$
7,437,002
$
5,533,088
34.4
%
1,000,035
797,499
25.4
%
598,823
446,558
34.1
%
325,123
186,617
74.2
%
501,351
354,175
41.6
%
9,862,334
7,317,937
34.8
%
(451,589
)
(464,755
)
2.8
%
$
9,410,745
$
6,853,182
37.3
%
Year Ended December 31,
2011
2010
Change
(Dollars in thousands)
$
2,430,144
$
2,086,668
16.5
%
$
4,178,865
$
3,737,693
11.8
%
27.3
%
26.2
%
1.1
pts
$
52,016,771
$
42,650,092
22.0
%
2.95
%
3.07
%
(0.12
)pts
$
3,564,612
$
2,926,606
21.8
%
6.4
%
7.1
%
(0.7
)pts
$
1,251,084
$
1,168,117
7.1
%
$
2,811,966
$
2,512,122
11.9
%
20.5
%
20.3
%
0.2
pts
$
31,537,280
$
27,415,476
15.0
%
2.79
%
3.06
%
(0.27
)pts
$
2,055,911
$
1,599,199
28.6
%
5.5
%
5.9
%
(0.4
)pts
$
583,476
$
433,424
34.6
%
$
388,290
$
391,554
(0.8
)%
40.3
%
29.0
%
11.3
pts
$
18,983,716
$
17,890,832
6.1
%
2.88
%
2.56
%
0.32
pts
$
833,525
$
510,392
63.3
%
5.7
%
5.9
%
(0.2
)pts
$
2,364,922
$
1,062,386
122.6
%
$
4,445,232
$
2,372,451
87.4
%
23.0
%
22.2
%
0.8
pts
$
49,843,694
$
22,277,677
123.7
%
2.88
%
2.74
%
0.14
pts
$
9,959,670
$
3,676,402
170.9
%
5.3
%
5.8
%
(0.5
)pts
$
430,758
$
496,637
(13.3
)%
$
1,967,258
$
1,904,004
3.3
%
17.9
%
18.8
%
(0.9
)pts
$
1,829,923
$
2,549,722
(28.2
)%
8.7
%
7.9
%
0.8
pts
$
376,618
$
285,856
31.8
%
$
653,203
$
174,587
274.1
%
14.8
%
13.9
%
0.9
pts
$
3,773,734
$
3,644,250
3.6
%
7.2
%
7.1
%
0.1
pts
Table of Contents
Year Ended December 31,
2011
2010
Change
(Room revenues in thousands)
$
220,116
$
199,277
10.5
%
91.4
%
90.9
%
0.5
pts
$
232
$
213
8.9
%
$
212
$
194
9.3
%
$
23,820
$
24,495
(2.8
)%
90.5
%
93.2
%
(2.7
)pts
$
251
$
251
%
$
227
$
234
(3.0
)%
$
32,233
$
29,675
8.6
%
69.9
%
70.8
%
(0.9
)pts
$
334
$
309
8.1
%
$
234
$
219
6.8
%
$
268,480
$
98,594
172.3
%
93.6
%
73.4
%
20.2
pts
$
311
$
250
24.4
%
$
291
$
184
58.2
%
$
450,487
$
445,458
1.1
%
88.6
%
90.7
%
(2.1
)pts
$
199
$
191
4.2
%
$
177
$
173
2.3
%
$
4,899
$
%
50.5
%
%
pts
$
162
$
%
$
82
$
%
Table of Contents
Year Ended December 31,
2011
2010
Change
(Mall revenues in thousands)
$
121,191
$
98,117
23.5
%
817,251
835,866
(2.2
)%
90.0
%
89.3
%
0.7
pts
$
131
$
117
12.0
%
$
1,087
$
738
47.3
%
$
65,973
$
41,684
58.3
%
189,170
192,838
(1.9
)%
92.3
%
93.7
%
(1.4
)pts
$
148
$
151
(2.0
)%
$
3,386
$
1,976
71.4
%
$
137,765
$
46,816
194.3
%
629,428
618,162
1.8
%
95.3
%
62.2
%
33.1
pts
$
186
$
157
18.5
%
$
1,231
$
%
$
194
$
%
129,216
%
(1)
(2)
Year Ended December 31,
2011
2010
Percent Change
(Dollars in thousands)
$
4,007,887
$
3,249,227
23.3
%
210,052
143,326
46.6
%
307,446
207,956
47.8
%
59,183
43,771
35.2
%
338,109
230,907
46.4
%
150,456
97,762
53.9
%
836,924
683,298
22.5
%
185,694
108,848
70.6
%
43,366
41,302
5.0
%
65,825
114,833
(42.7
)%
11,309
1,783
534.3
%
794,404
694,971
14.3
%
16,057
(100.0
)%
10,203
38,555
(73.5
)%
$
7,020,858
$
5,672,596
23.8
%
Table of Contents
Table of Contents
Year Ended December 31,
2011
2010
Percent Change
(Dollars in thousands)
$
1,022,778
$
809,798
26.3
%
351,877
318,519
10.5
%
217,923
113,692
91.7
%
(15,143
)
(24,429
)
38.0
%
1,577,435
1,217,580
29.6
%
1,530,623
641,898
138.5
%
333,295
310,113
7.5
%
90,802
58,982
53.9
%
424,097
369,095
14.9
%
$
3,532,155
$
2,228,573
58.5
%
Year Ended December 31,
2011
2010
(Dollars in thousands)
$
402,076
$
409,337
8,013
3,542
(127,140
)
(106,066
)
$
282,949
$
306,813
$
373,923
$
343,298
$
10,097,474
$
10,608,335
4.0
%
3.9
%
Table of Contents
Year Ended December 31,
2010
2009
Percent Change
(Dollars in thousands)
$
5,533,088
$
3,524,798
57.0
%
797,499
657,783
21.2
%
446,558
327,699
36.3
%
186,617
137,290
35.9
%
354,175
281,874
25.7
%
7,317,937
4,929,444
48.5
%
(464,755
)
(366,339
)
(26.9
)%
$
6,853,182
$
4,563,105
50.2
%
Table of Contents
Year Ended December 31,
2010
2009
Change
(Dollars in thousands)
$
2,086,668
$
1,699,599
22.8
%
$
3,737,693
$
3,362,780
11.1
%
26.2
%
23.6
%
2.6
pts
$
42,650,092
$
37,701,027
13.1
%
3.07
%
2.80
%
0.27
pts
$
2,926,606
$
2,362,680
23.9
%
7.1
%
7.4
%
(0.3
)pts
$
1,168,117
$
1,003,042
16.5
%
$
2,512,122
$
2,413,446
4.1
%
20.3
%
19.5
%
0.8
pts
$
27,415,476
$
21,920,186
25.1
%
3.06
%
3.01
%
0.05
pts
$
1,599,199
$
1,256,857
27.2
%
5.9
%
6.6
%
(0.7
)pts
$
433,424
$
207,191
109.2
%
$
391,554
$
335,655
16.7
%
29.0
%
23.7
%
5.3
pts
$
17,890,832
$
7,059,450
153.4
%
2.56
%
2.35
%
0.21
pts
$
510,392
$
240,358
112.3
%
5.9
%
5.9
%
pts
$
1,062,386
$
%
$
2,372,451
$
%
22.2
%
%
pts
$
22,277,677
$
%
2.74
%
%
pts
$
3,676,402
$
%
5.8
%
%
pts
$
496,637
$
473,176
5.0
%
$
1,904,004
$
1,769,130
7.6
%
18.8
%
17.3
%
1.5
pts
$
2,549,722
$
2,705,309
(5.8
)%
7.9
%
7.5
%
0.4
pts
$
285,856
$
141,790
101.6
%
$
174,587
$
%
13.9
%
%
pts
$
3,644,250
$
2,030,529
79.5
%
7.1
%
7.0
%
0.1
pts
Table of Contents
Year Ended December 31,
2010
2009
Change
(Room revenues in thousands)
$
199,277
$
173,319
15.0
%
90.9
%
83.6
%
7.3
pts
$
213
$
205
3.9
%
$
194
$
171
13.5
%
$
24,495
$
26,558
(7.8
)%
93.2
%
97.7
%
(4.5
)pts
$
251
$
260
(3.5
)%
$
234
$
254
(7.9
)%
$
29,675
$
20,276
46.4
%
70.8
%
52.3
%
18.5
pts
$
309
$
295
4.7
%
$
219
$
154
42.2
%
$
98,594
$
%
73.4
%
%
pts
$
250
$
%
$
184
$
%
$
445,458
$
437,630
1.8
%
90.7
%
87.4
%
3.3
pts
$
191
$
195
(2.1
)%
$
173
$
170
1.8
%
Year Ended December 31,
2010
2009
Change
(Mall revenues in thousands)
$
98,117
$
100,725
(2.6
)%
835,866
835,176
0.1
%
89.3
%
89.1
%
0.2
pts
$
117
$
116
0.9
%
$
738
$
587
25.7
%
$
41,684
$
36,565
14.0
%
192,838
192,757
0.0
%
93.7
%
94.0
%
(0.3
)pts
$
151
$
149
1.3
%
$
1,976
$
1,341
47.4
%
$
46,816
$
%
618,162
$
%
62.2
%
%
pts
$
157
$
%
(1)
Table of Contents
Year Ended December 31,
2010
2009
Percent Change
(Dollars in thousands)
$
3,249,227
$
2,349,422
38.3
%
143,326
121,097
18.4
%
207,956
165,977
25.3
%
43,771
32,697
33.9
%
230,907
207,680
11.2
%
97,762
103,802
(5.8
)%
683,298
526,199
29.9
%
108,848
132,098
(17.6
)%
41,302
29,899
38.1
%
114,833
157,731
(27.2
)%
1,783
533
234.5
%
694,971
586,041
18.6
%
16,057
169,468
(90.5
)%
38,555
9,201
319.0
%
$
5,672,596
$
4,591,845
23.5
%
Table of Contents
Year Ended December 31,
2010
2009
Percent Change
(Dollars in thousands)
$
809,798
$
556,547
45.5
%
318,519
244,925
30.0
%
113,692
40,527
180.5
%
(24,429
)
(32,610
)
25.1
%
1,217,580
809,389
50.4
%
641,898
%
310,113
259,206
19.6
%
58,982
17,566
235.8
%
369,095
276,772
33.4
%
$
2,228,573
$
1,086,161
105.2
%
Table of Contents
Year Ended December 31,
2010
2009
(Dollars in thousands)
$
409,337
$
382,006
3,542
5,313
(106,066
)
(65,449
)
$
306,813
$
321,870
$
343,298
$
353,002
$
10,608,335
$
10,994,928
3.9
%
3.5
%
Table of Contents
Table of Contents
Year Ended December 31,
2011
2010
2009
(In thousands)
$
2,662,496
$
1,870,151
$
638,613
804,394
(688,266
)
78,630
(1,508,493
)
(2,023,981
)
(2,092,896
)
6,093
49,735
4,203
(100
)
(45,303
)
(173,774
)
173,774
(698,106
)
(2,707,815
)
(2,010,063
)
25,505
16,455
51
12,512
225,514
Table of Contents
Year Ended December 31,
2011
2010
2009
(In thousands)
2,386,428
(75,297
)
(93,400
)
(94,697
)
(10,388
)
3,201,535
1,397,293
1,831,528
(3,300,310
)
(2,600,875
)
(776,972
)
(845,321
)
(16,871
)
(6,579
)
(84,826
)
(65,965
)
(40,365
)
(1,093,461
)
(1,127,557
)
3,305,973
(5,292
)
46,886
(17,270
)
$
865,637
$
(1,918,335
)
$
1,917,253
Table of Contents
Table of Contents
Payments
Due by Period Ending December 31, 2011(12)
Less than
More than
1 Year
2-3 Years
4-5 Years
5 Years
Total
(In thousands)
$
21,695
$
760,854
$
1,352,955
$
$
2,135,504
7,243
235,297
470,549
713,089
189,712
189,712
3,688
7,375
7,374
56,297
74,734
910
1,820
228
2,958
200,096
3,005,914
3,206,010
35,067
70,134
35,067
140,268
231
75
306
384,654
769,308
2,394,200
3,548,162
735
709
1,444
12,140
24,195
2,014
38,349
255,020
436,590
207,309
285
899,204
1,623
3,096
2,866
13,752
21,337
1,544
2,730
2,284
2,281
8,839
650
977
800
5,600
8,027
9,506
4,075
708
14,289
49,524
54,471
10,550
86,392
200,937
8,835
17,423
16,750
100,232
143,240
33,508
67,017
67,017
184,297
351,839
1,200
2,400
2,400
104,700
110,700
10,392
11,016
5,796
5,033
32,237
$
1,027,877
$
2,669,658
$
7,584,781
$
558,869
$
11,841,185
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Table of Contents
(10)
(11)
(12)
Table of Contents
Table of Contents
Table of Contents
Table of Contents
Table of Contents
ITEM 7A.
Fair
2012
2013
2014
2015
2016
Thereafter
Total
Value(1)
(In millions)
$
$
$
$
189.7
$
$
$
189.7
$
191.6
%
%
%
6.4
%
%
%
6.4
%
$
453.3
$
527.6
$
1,517.2
$
3,569.3
$
3,697.0
$
56.3
$
9,820.7
$
9,292.9
2.8
%
2.7
%
2.4
%
2.8
%
2.9
%
2.0
%
2.8
%
$
$
0.1
$
1.1
$
$
$
$
1.2
$
1.2
(1)
(2)
(3)
Table of Contents
Table of Contents
ITEM 8.
65
66
67
68
69
70
120
Table of Contents
February 29, 2012
Table of Contents
December 31,
2011
2010
(In thousands,
except share data)
$
3,902,718
$
3,037,081
4,828
164,315
1,336,817
716,919
34,990
32,260
72,192
61,606
45,607
46,726
5,397,152
4,058,907
15,030,979
14,502,197
173,636
155,378
2,315
645,605
153
10,423
1,390,468
1,398,840
80,068
89,805
169,352
183,153
$
22,244,123
$
21,044,308
$
104,113
$
113,505
359,909
516,981
31,668
42,625
1,439,110
1,160,234
108,060
455,846
767,068
2,498,706
2,600,413
89,445
78,240
205,438
115,219
266,992
243,928
47,344
50,808
119,915
147,378
9,577,131
9,373,755
12,804,971
12,609,741
503,379
207,356
733
708
5,610,160
5,444,705
94,104
129,519
2,145,692
880,703
7,850,689
6,662,991
1,588,463
1,268,197
9,439,152
7,931,188
$
22,244,123
$
21,044,308
Table of Contents
Year Ended December 31,
2011
2010
2009
(In thousands, except share and per share data)
$
7,437,002
$
5,533,088
$
3,524,798
1,000,035
797,499
657,783
598,823
446,558
327,699
325,123
186,617
137,290
501,351
354,175
281,874
9,862,334
7,317,937
4,929,444
(451,589
)
(464,755
)
(366,339
)
9,410,745
6,853,182
4,563,105
4,007,887
3,249,227
2,349,422
210,052
143,326
121,097
307,446
207,956
165,977
59,183
43,771
32,697
338,109
230,907
207,680
150,456
97,762
103,802
836,924
683,298
526,199
185,694
108,848
132,098
43,366
41,302
29,899
65,825
114,833
157,731
11,309
1,783
533
794,404
694,971
586,041
16,057
169,468
10,203
38,555
9,201
7,020,858
5,672,596
4,591,845
2,389,887
1,180,586
(28,740
)
14,394
8,947
11,122
(282,949
)
(306,813
)
(321,870
)
(3,955
)
(8,260
)
(9,891
)
(22,554
)
(18,555
)
(23,248
)
2,094,823
855,905
(372,627
)
(211,704
)
(74,302
)
3,884
1,883,119
781,603
(368,743
)
(322,996
)
(182,209
)
14,264
1,560,123
599,394
(354,479
)
(63,924
)
(92,807
)
(93,026
)
(80,975
)
(92,545
)
(92,545
)
(145,716
)
(6,579
)
$
1,269,508
$
407,463
$
(540,050
)
$
1.74
$
0.61
$
(0.82
)
$
1.56
$
0.51
$
(0.82
)
728,343,428
667,463,535
656,836,950
811,816,687
791,760,624
656,836,950
Table of Contents
Las Vegas Sands Corp. Stockholders Equity
Accumulated
Capital in
Other
Total
Preferred
Common
Excess of
Comprehensive
Retained
Comprehensive
Noncontrolling
Stock
Stock
Par Value
Income
Earnings
Income (Loss)
Interests
Total
$
298,066
$
642
$
3,090,292
$
17,554
$
1,015,554
$
3,073
$
4,425,181
(354,479
)
(354,479
)
(14,264
)
(368,743
)
10,906
10,906
(602
)
10,304
(343,573
)
(14,866
)
(358,439
)
51
51
(4,965
)
(4,965
)
49,054
49,054
(63,459
)
18
63,441
519
519
1,916,459
(1,712
)
1,101,681
3,016,428
(87,843
)
(87,843
)
(6,854
)
(6,854
)
(92,545
)
(92,545
)
234,607
660
5,114,851
26,748
473,833
1,089,888
6,940,587
599,394
599,394
182,209
781,603
102,771
102,771
(4,253
)
98,518
702,165
177,956
880,121
2
16,453
16,455
(195
)
(195
)
58,120
2,698
60,818
(27,251
)
46
252,719
225,514
412
412
2,345
(2,345
)
(86,546
)
(86,546
)
(6,854
)
(6,854
)
(92,545
)
(92,545
)
(6,579
)
(6,579
)
207,356
708
5,444,705
129,519
880,703
1,268,197
7,931,188
1,560,123
1,560,123
322,996
1,883,119
(35,415
)
(35,415
)
2,622
(32,793
)
1,524,708
325,618
1,850,326
2
24,223
1,280
25,505
60,363
2,927
63,290
1
(1
)
(68,380
)
22
80,870
12,512
(138,976
)
(128,845
)
(267,821
)
829
829
(10,388
)
(10,388
)
(68,443
)
(68,443
)
(80,975
)
(80,975
)
(16,871
)
(16,871
)
$
$
733
$
5,610,160
$
94,104
$
2,145,692
$
1,588,463
$
9,439,152
Table of Contents
Year Ended December 31,
2011
2010
2009
(In thousands)
$
1,883,119
$
781,603
$
(368,743
)
794,404
694,971
586,041
43,366
41,302
27,011
47,188
41,594
30,015
(8,418
)
(5,160
)
(5,161
)
1,513
19,595
3,756
23,248
10,203
54,612
178,669
62,714
58,021
45,545
150,456
97,762
103,802
(176
)
6,819
(499
)
90,927
99,536
(1,339
)
30,000
412
519
(789,163
)
(332,924
)
(178,746
)
(2,841
)
(4,941
)
1,759
13,354
(17,024
)
41,994
(43,327
)
(50,810
)
(117,314
)
(9,565
)
29,270
11,388
(10,917
)
23,091
3,257
111,920
298,144
348,261
227,167
2,662,496
1,870,151
638,613
804,394
(688,266
)
78,630
(1,508,493
)
(2,023,981
)
(2,092,896
)
6,093
49,735
4,203
(100
)
(45,303
)
(173,774
)
173,774
(698,106
)
(2,707,815
)
(2,010,063
)
25,505
16,455
51
12,512
225,514
2,386,428
(75,297
)
(93,400
)
(94,697
)
(10,388
)
3,201,535
1,397,293
1,831,528
(3,300,310
)
(2,600,875
)
(776,972
)
(845,321
)
(16,871
)
(6,579
)
(84,826
)
(65,965
)
(40,365
)
(1,093,461
)
(1,127,557
)
3,305,973
(5,292
)
46,886
(17,270
)
865,637
(1,918,335
)
1,917,253
3,037,081
4,955,416
3,038,163
$
3,902,718
$
3,037,081
$
4,955,416
$
246,783
$
237,232
$
287,553
$
(5,423
)
$
1,285
$
(69,005
)
$
(157,072
)
$
(261,790
)
$
42,058
$
576
$
2,797
$
3,509
$
$
3,431
$
25,567
$
$
6,854
$
6,854
$
80,975
$
92,545
$
92,545
$
$
2,345
$
$
829
$
$
$
68,380
$
27,251
$
63,459
$
$
107,879
$
$
$
$
600,000
Table of Contents
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
15 to 40 years
3 to 15 years
5 to 10 years
5 to 20 years
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Year Ended December 31,
2011
2010
2009
$
182,831
$
230,594
$
208,389
169,576
141,925
96,424
99,182
92,236
61,526
$
451,589
$
464,755
$
366,339
Year Ended December 31,
2011
2010
2009
$
38,038
$
55,433
$
54,512
119,238
91,215
66,344
75,600
74,160
50,264
$
232,876
$
220,808
$
171,120
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Year Ended December 31,
2011
2010
2009
728,343,428
667,463,535
656,836,950
83,473,259
124,297,089
811,816,687
791,760,624
656,836,950
5,493,706
9,848,266
170,731,981
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
December 31,
2011
2010
$
1,381,155
$
715,212
95,937
85,610
94,494
54,053
40,297
43,900
1,611,883
898,775
(275,066
)
(181,856
)
$
1,336,817
$
716,919
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
December 31,
2011
2010
$
436,768
$
410,758
11,456,407
10,881,936
2,147,326
1,990,721
405,156
402,904
3,677,479
3,147,750
18,123,136
16,834,069
(3,092,157
)
(2,331,872
)
$
15,030,979
$
14,502,197
December 31,
2011
2010
$
2,902,743
$
2,005,386
404,650
379,161
12,485
101,960
7,983
337,835
349,618
323,408
$
3,677,479
$
3,147,750
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
December 31,
2011
2010
$
1,056,942
$
1,066,241
172,759
170,702
148,393
107,402
86,123
85,334
73,524
73,162
27,272
27,221
1,565,013
1,530,062
(174,545
)
(131,222
)
$
1,390,468
$
1,398,840
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
$
49,524
49,712
4,759
5,275
5,275
86,392
$
200,937
December 31,
2011
2010
$
95,349
$
95,568
(16,161
)
(6,594
)
79,188
88,974
1,121
1,022
(241
)
(191
)
880
831
$
80,068
$
89,805
December 31,
2011
2010
$
380,907
$
387,776
358,819
270,838
254,671
184,924
230,013
154,961
214,700
161,735
$
1,439,110
$
1,160,234
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
December 31,
2011
2010
$
2,135,504
$
2,157,199
713,089
720,332
189,165
188,992
74,734
78,422
21,337
23,006
2,958
3,868
3,206,010
1,483,789
577,029
749,930
140,268
175,011
306
640
3,548,162
3,980,435
1,444
2,170
10,032,977
10,140,823
(455,846
)
(767,068
)
$
9,577,131
$
9,373,755
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Year Ended December 31,
2011
2010
2009
$
3,201,535
$
$
749,305
647,988
1,221,644
600,000
9,884
$
3,201,535
$
1,397,293
$
1,831,528
$
(2,060,819
)
$
(572,337
)
$
(662,552
)
(749,660
)
(418,564
)
(17,762
)
(28,937
)
(1,810,329
)
(40,000
)
(35,002
)
(35,055
)
(17,695
)
(3,688
)
(3,687
)
(3,687
)
(1,669
)
(1,711
)
(849
)
(1,971
)
(121,081
)
(34,427
)
(56,675
)
$
(3,300,310
)
$
(2,600,875
)
$
(776,972
)
Capital
Long-term
Lease Obligations
Debt
$
4,180
$
453,257
3,786
527,648
2,828
1,517,236
2,659
3,758,974
2,490
3,697,025
16,033
56,297
31,976
10,010,437
(8,889
)
$
23,087
$
10,010,437
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Number
of Shares
Amount
5,250,000
$
318,289
92,545
45,646
(52,500
)
6,854
5,250,000
410,834
92,545
45,646
(52,500
)
6,854
5,250,000
503,379
80,975
45,646
(52,500
)
(5,250,000
)
(577,500
)
$
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Preferred Stock
Dividends Paid to
Preferred Stock
Total Preferred
Board of Directors
Principal
Dividends Paid to
Stock
Declaration Date
Payment Date
Stockholders Family
Public Holders
Dividends Paid
February 17, 2009
$
13,125
$
11,347
$
24,472
May 15, 2009
13,125
10,400
23,525
August 17, 2009
13,125
10,225
23,350
November 16, 2009
13,125
10,225
23,350
$
94,697
February 16, 2010
$
13,125
$
10,225
$
23,350
May 17, 2010
13,125
10,225
23,350
August 16, 2010
13,125
10,225
23,350
November 15, 2010
13,125
10,225
23,350
$
93,400
February 15, 2011
$
13,125
$
6,473
$
19,598
May 16, 2011
13,125
6,094
19,219
August 15, 2011
13,125
6,015
19,140
November 15, 2011
13,125
4,215
17,340
$
75,297
Preferred
Common
Stock
Stock
5,196,300
641,839,018
10,497
65,513
(30,663
)
(1,106,301
)
18,438,384
4,089,999
660,322,749
1,667,636
15,765
(1,730
)
(475,076
)
45,503,562
3,614,923
707,507,982
2,549,131
1,250,381
(11,500
)
(1,192,100
)
21,953,704
(2,422,823
)
733,249,698
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Year Ended December 31,
2011
2010
2009
$
2,149,538
$
960,941
$
55,037
(54,715
)
(105,036
)
(427,664
)
$
2,094,823
$
855,905
$
(372,627
)
Year Ended December 31,
2011
2010
2009
$
120,502
$
5,280
$
519
91,706
68,456
(40
)
232
(30,515
)
(5,742
)
(779
)
31,080
(476
)
43
1
1,855
$
211,704
$
74,302
$
(3,884
)
Year Ended December 31,
2011
2010
2009
35.0
%
35.0
%
(35.0
)%
(21.0
)%
(24.4
)%
1.1
%
(7.6
)%
(14.4
)%
(21.8
)%
(4.0
)%
2.4
%
2.7
%
10.5
%
44.0
%
0.1
%
0.3
%
3.8
%
5.5
%
2.5
%
1.7
%
1.4
%
10.1
%
8.7
%
(1.0
)%
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
December 31,
2011
2010
$
249,632
$
403,229
84,481
35,927
51,637
21,284
34,533
45,710
37,357
41,452
40,110
26,670
8,826
12,350
9,274
3,771
2,340
8,746
4,905
530,023
592,211
(325,239
)
(331,275
)
204,784
260,936
(321,512
)
(293,345
)
(3,909
)
(4,022
)
(12,456
)
(6,759
)
(337,877
)
(304,126
)
$
(133,093
)
$
(43,190
)
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
December 31,
2011
2010
2009
$
35,769
$
66,067
$
32,271
4,450
324
24,184
(35
)
(6,287
)
3,736
2,311
9,612
(417
)
(26,646
)
(92
)
$
43,411
$
35,769
$
66,067
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Fair Value Measurements Using:
Quoted Market
Significant Other
Significant
Total Carrying
Prices in Active
Observable Inputs
Unobservable Inputs
Value
Markets (Level 1)
(Level 2)
(Level 3)
$
2,766,796
$
2,766,796
$
$
$
1,195
$
$
1,195
$
$
2,490,809
$
2,490,809
$
$
$
1,617
$
$
1,617
$
(1)
(2)
$
8,043
8,043
7,725
7,497
7,497
98,805
$
137,610
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
$
11,592
8,174
5,242
4,098
4,098
109,733
$
142,937
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
$
219,840
200,250
142,214
103,332
69,995
174,777
$
910,408
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
2011
2010
2009
94.4
%
89.2
%
75.8
%
6.3
5.4
5.2
2.7
%
2.9
%
2.8
%
69.2
%
73.5
%
%
6.3
6.2
1.3
%
1.9
%
%
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Weighted
Weighted
Average
Average
Remaining
Aggregate
Exercise
Contractual
Intrinsic
Shares
Price
Life (Years)
Value
15,623,628
$
33.67
263,395
46.43
(2,549,131
)
9.12
(1,291,150
)
50.07
12,046,742
$
37.38
6.08
$
206,642,169
7,548,443
$
41.76
5.22
$
118,825,628
18,939,500
$
1.65
9,987,291
2.75
(1,418,200
)
1.60
(3,691,925
)
1.91
23,816,666
$
2.07
8.81
$
18,198,983
2,901,050
$
1.66
8.40
$
3,338,909
Weighted Average
Grant Date
Shares
Fair Value
22,939
$
23.70
1,250,381
45.42
(19,615
)
27.01
(11,500
)
46.04
1,242,205
$
45.30
Weighted Average
Grant Date
Shares
Fair Value
$
42,000
47.15
42,000
$
47.15
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Year Ended December 31,
2011
2010
2009
$
44,691
$
56,462
$
44,544
18,023
1,559
1,001
$
62,714
$
58,021
$
45,545
$
$
$
$
576
$
2,797
$
3,509
263
4,497
8,822
$
36.31
$
15.95
$
3.52
1,250
16
$
45.42
$
25.37
$
42
$
47.15
$
$
$
89,814
$
47,529
$
139
$
23,238
$
16,455
$
64
$
$
$
9,987
26,189
$
1.71
$
1.06
$
$
1,699
$
$
$
2,267
$
$
$
$
$
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Year Ended December 31,
2011
2010
2009
$
2,827,174
$
2,412,990
$
1,993,531
1,282,201
1,193,589
1,024,268
678,293
498,649
260,567
147,323
110,586
87,987
4,934,991
4,215,814
3,366,353
2,921,863
1,262,690
1,324,505
1,213,046
1,106,263
399,900
302,101
153,198
1,724,405
1,515,147
1,259,461
(170,514
)
(140,469
)
(62,709
)
$
9,410,745
$
6,853,182
$
4,563,105
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Year Ended December 31,
2011
2010
2009
$
1,022,778
$
809,798
$
556,547
351,877
318,519
244,925
217,923
113,692
40,527
(15,143
)
(24,429
)
(32,610
)
1,577,435
1,217,580
809,389
1,530,623
641,898
333,295
310,113
259,206
90,802
58,982
17,566
424,097
369,095
276,772
3,532,155
2,228,573
1,086,161
(31,467
)
(31,638
)
(29,930
)
(185,694
)
(108,848
)
(132,098
)
(43,366
)
(41,302
)
(29,899
)
(65,825
)
(114,833
)
(157,731
)
(11,309
)
(1,783
)
(533
)
(794,404
)
(694,971
)
(586,041
)
(16,057
)
(169,468
)
(10,203
)
(38,555
)
(9,201
)
2,389,887
1,180,586
(28,740
)
14,394
8,947
11,122
(282,949
)
(306,813
)
(321,870
)
(3,955
)
(8,260
)
(9,891
)
(22,554
)
(18,555
)
(23,248
)
(211,704
)
(74,302
)
3,884
$
1,883,119
$
781,603
$
(368,743
)
(1)
Year Ended December 31,
2011
2010
2009
$
3,923
$
8,345
$
2,957
36,888
61,664
53,808
40,811
70,009
56,765
1,298
568
128,405
69,892
5,944
$
170,514
$
140,469
$
62,709
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Year Ended December 31,
2011
2010
2009
$
23,062
$
12,215
$
36,846
28,018
40,895
17,627
7,690
4,708
5,887
31,092
35,708
262,662
843,001
321,489
89,309
5,553
4,025
28,727
7,335
68
915,354
414,160
404,280
466,144
1,530,283
1,338,206
47,666
21,651
65,899
56,267
45,672
247,665
103,933
67,323
313,564
$
1,508,493
$
2,023,981
$
2,092,896
December 31,
2011
2010
2009
$
644,645
$
1,574,180
$
1,849,596
3,199,194
3,194,598
2,886,762
485,231
483,678
527,737
1,267,977
1,155,243
1,151,028
4,333,406
2,932,646
1,943,842
328,415
370,525
333,122
206,150
208,259
87,485
9,820,373
8,344,949
6,929,976
6,794,258
6,400,432
4,162,366
4,105,618
3,966,754
6,893,106
879,229
757,993
737,062
4,984,847
4,724,747
7,630,168
$
22,244,123
$
21,044,308
$
20,572,106
December 31,
2011
2010
2009
$
312,860
$
308,438
$
324,268
2,002,751
2,138,419
2,324,882
291,620
315,380
355,170
1,006,441
1,024,302
1,047,201
3,053,551
2,103,927
1,935,385
216,030
230,640
276,559
197,079
200,032
87,476
6,767,472
6,012,700
6,026,673
5,471,376
5,541,881
3,956,899
3,244,090
3,429,997
3,642,405
625,649
608,021
610,846
3,869,739
4,038,018
4,253,251
$
16,421,447
$
15,901,037
$
14,561,091
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Consolidating/
Las Vegas
Guarantor
Non-Guarantor
Eliminating
Sands Corp.
Subsidiaries
Subsidiaries
Entries
Total
$
12,849
$
689,642
$
3,200,227
$
$
3,902,718
185
4,643
4,828
127,302
43,793
(171,095
)
1,047
226,869
1,108,901
1,336,817
2,434
9,633
22,923
34,990
38,806
32,867
519
72,192
10,263
4,259
31,085
45,607
192,701
1,007,248
4,368,298
(171,095
)
5,397,152
137,044
3,391,316
11,502,619
15,030,979
7,891,281
6,263,974
(14,155,255
)
608
20,677
152,351
173,636
2,315
2,315
31,162
128,270
(159,432
)
794,286
(794,286
)
544
(391
)
153
1,390,468
1,390,468
690
79,378
80,068
112
18,778
150,462
169,352
$
8,254,142
$
11,626,864
$
17,643,576
$
(15,280,459
)
$
22,244,123
$
15,084
$
23,397
$
65,632
$
$
104,113
280
4,477
355,152
359,909
119,203
51,892
(171,095
)
4,674
1,087
25,907
31,668
28,100
212,279
1,198,731
1,439,110
4
108,056
108,060
3,688
30,561
421,597
455,846
51,826
391,008
2,226,967
(171,095
)
2,498,706
26,215
10,723
52,507
89,445
65,201
94,231
(159,432
)
794,286
(794,286
)
48,471
157,358
(391
)
205,438
434,251
434,251
260,211
2,839,369
6,477,551
9,577,131
403,453
3,723,822
9,802,900
(1,125,204
)
12,804,971
7,850,689
7,902,637
6,252,618
(14,155,255
)
7,850,689
405
1,588,058
1,588,463
7,850,689
7,903,042
7,840,676
(14,155,255
)
9,439,152
$
8,254,142
$
11,626,864
$
17,643,576
$
(15,280,459
)
$
22,244,123
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Consolidating/
Las Vegas
Guarantor
Non-Guarantor
Eliminating
Sands Corp.
Subsidiaries
Subsidiaries
Entries
Total
$
1,031,844
$
412,226
$
1,593,011
$
$
3,037,081
2,179
162,136
164,315
11,843
65,834
22,927
(100,604
)
298
156,012
561,217
(608
)
716,919
2,174
11,755
18,331
32,260
24,496
47,389
(10,279
)
61,606
15,272
4,782
30,432
(3,760
)
46,726
1,061,431
677,284
2,435,443
(115,251
)
4,058,907
133,901
3,570,465
10,797,831
14,502,197
6,273,755
4,996,023
(11,269,778
)
767
29,198
125,413
155,378
4,616
640,989
645,605
31,996
97,813
(129,809
)
638,986
(638,986
)
62,638
(52,215
)
10,423
1,398,840
1,398,840
590
89,215
89,805
78
27,104
155,971
183,153
$
7,565,156
$
10,041,489
$
15,643,702
$
(12,206,039
)
$
21,044,308
$
5,750
$
26,975
$
81,388
$
(608
)
$
113,505
2,179
514,802
516,981
22,926
11,843
65,835
(100,604
)
4,629
7,689
30,307
42,625
15,692
175,011
969,531
1,160,234
3,760
(3,760
)
10,279
(10,279
)
3,687
30,606
732,775
767,068
62,963
254,303
2,398,398
(115,251
)
2,600,413
26,761
10,911
40,568
78,240
45,336
84,473
(129,809
)
638,986
(638,986
)
53,034
114,400
(52,215
)
115,219
442,114
442,114
263,726
2,869,931
6,240,098
9,373,755
398,786
3,630,293
9,516,923
(936,261
)
12,609,741
503,379
503,379
6,662,991
6,410,791
4,858,987
(11,269,778
)
6,662,991
405
1,267,792
1,268,197
6,662,991
6,411,196
6,126,779
(11,269,778
)
7,931,188
$
7,565,156
$
10,041,489
$
15,643,702
$
(12,206,039
)
$
21,044,308
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Consolidating/
Las Vegas
Guarantor
Non-Guarantor
Eliminating
Sands Corp.
Subsidiaries
Subsidiaries
Entries
Total
$
$
430,758
$
7,006,244
$
$
7,437,002
450,487
549,548
1,000,035
186,894
411,929
598,823
325,123
325,123
280,349
362,050
(141,048
)
501,351
1,348,488
8,654,894
(141,048
)
9,862,334
(720
)
(75,238
)
(374,060
)
(1,571
)
(451,589
)
(720
)
1,273,250
8,280,834
(142,619
)
9,410,745
266,203
3,744,193
(2,509
)
4,007,887
136,416
73,636
210,052
88,485
223,807
(4,846
)
307,446
59,183
59,183
87,779
274,582
(24,252
)
338,109
14,532
135,924
150,456
254,139
583,472
(687
)
836,924
165,120
280
130,608
(110,314
)
185,694
43,366
43,366
15
65,818
(8
)
65,825
11,312
(3
)
11,309
18,493
228,013
547,898
794,404
7,662
2,590
(49
)
10,203
202,587
1,078,452
5,882,438
(142,619
)
7,020,858
(203,307
)
194,798
2,398,396
2,389,887
3,702
112,218
9,867
(111,393
)
14,394
(13,856
)
(95,993
)
(284,493
)
111,393
(282,949
)
171
(1,946
)
(2,180
)
(3,955
)
(503
)
(22,051
)
(22,554
)
1,716,119
1,443,385
(3,159,504
)
1,502,829
1,651,959
2,099,539
(3,159,504
)
2,094,823
57,294
(57,111
)
(211,887
)
(211,704
)
1,560,123
1,594,848
1,887,652
(3,159,504
)
1,883,119
(2,495
)
(320,501
)
(322,996
)
$
1,560,123
$
1,592,353
$
1,567,151
$
(3,159,504
)
$
1,560,123
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Consolidating/
Las Vegas
Guarantor
Non-Guarantor
Eliminating
Sands Corp.
Subsidiaries
Subsidiaries
Entries
Total
$
$
496,637
$
5,036,451
$
$
5,533,088
445,458
352,041
797,499
159,285
287,273
446,558
186,617
186,617
218,586
218,297
(82,708
)
354,175
1,319,966
6,080,679
(82,708
)
7,317,937
(597
)
(155,394
)
(305,744
)
(3,020
)
(464,755
)
(597
)
1,164,572
5,774,935
(85,728
)
6,853,182
300,083
2,951,842
(2,698
)
3,249,227
99,066
44,261
(1
)
143,326
69,644
144,397
(6,085
)
207,956
43,771
43,771
75,041
172,721
(16,855
)
230,907
30,277
67,485
97,762
239,561
444,882
(1,145
)
683,298
93,262
270
74,200
(58,884
)
108,848
41,302
41,302
654
7
114,232
(60
)
114,833
1,783
1,783
12,578
224,372
458,021
694,971
16,057
16,057
1,605
9,423
27,527
38,555
109,882
1,047,744
4,600,698
(85,728
)
5,672,596
(110,479
)
116,828
1,174,237
1,180,586
3,614
89,522
3,735
(87,924
)
8,947
(15,380
)
(106,463
)
(272,894
)
87,924
(306,813
)
(1,500
)
3,325
(10,085
)
(8,260
)
3,358
(21,692
)
(221
)
(18,555
)
709,794
589,784
(1,299,578
)
589,407
671,304
894,772
(1,299,578
)
855,905
9,987
(10,055
)
(74,234
)
(74,302
)
599,394
661,249
820,538
(1,299,578
)
781,603
(182,209
)
(182,209
)
$
599,394
$
661,249
$
638,329
$
(1,299,578
)
$
599,394
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Consolidating/
Las Vegas
Guarantor
Non-Guarantor
Eliminating
Sands Corp.
Subsidiaries
Subsidiaries
Entries
Total
$
$
473,176
$
3,051,622
$
$
3,524,798
437,630
220,153
657,783
150,588
177,111
327,699
137,290
137,290
156,249
141,448
(15,823
)
281,874
1,217,643
3,727,624
(15,823
)
4,929,444
(722
)
(164,495
)
(198,308
)
(2,814
)
(366,339
)
(722
)
1,053,148
3,529,316
(18,637
)
4,563,105
286,884
2,064,913
(2,375
)
2,349,422
94,562
26,535
121,097
65,793
106,566
(6,382
)
165,977
32,697
32,697
73,261
141,423
(7,004
)
207,680
52,832
50,970
103,802
241,011
286,303
(1,115
)
526,199
118,940
269
14,642
(1,753
)
132,098
2,937
26,962
29,899
1,067
99
156,573
(8
)
157,731
432
101
533
11,369
230,864
343,808
586,041
151,175
18,293
169,468
3,158
6,043
9,201
131,808
1,202,845
3,275,829
(18,637
)
4,591,845
(132,530
)
(149,697
)
253,487
(28,740
)
10,331
47,508
657
(47,374
)
11,122
(18,456
)
(120,682
)
(230,106
)
47,374
(321,870
)
(1
)
665
(10,555
)
(9,891
)
(23,248
)
(23,248
)
(121,813
)
13,629
108,184
(262,469
)
(208,577
)
(9,765
)
108,184
(372,627
)
(92,010
)
95,304
590
3,884
(354,479
)
(113,273
)
(9,175
)
108,184
(368,743
)
14,264
14,264
$
(354,479
)
$
(113,273
)
$
5,089
$
108,184
$
(354,479
)
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Consolidating/
Las Vegas
Guarantor
Non-Guarantor
Eliminating
Sands Corp.
Subsidiaries
Subsidiaries
Entries
Total
$
(42,087
)
$
404,322
$
2,503,999
$
(203,738
)
$
2,662,496
4,295
800,099
804,394
(21,355
)
(49,268
)
(1,437,870
)
(1,508,493
)
6,093
6,093
(100
)
(100
)
(50,766
)
50,766
94,472
(94,472
)
1,200
(1,200
)
(50,026
)
50,026
(71,481
)
(67
)
(631,678
)
5,120
(698,106
)
23,238
2,267
25,505
12,512
12,512
(75,297
)
(75,297
)
(2,495
)
(7,893
)
(10,388
)
(143,738
)
143,738
(154,472
)
154,472
50,000
26
(50,026
)
50,766
(50,766
)
(1,200
)
1,200
3,201,535
3,201,535
(2,060,819
)
(2,060,819
)
(749,660
)
(749,660
)
(418,564
)
(418,564
)
(28,937
)
(28,937
)
(35,002
)
(35,002
)
(3,688
)
(3,688
)
(1,669
)
(1,669
)
(1,971
)
(1,971
)
(845,321
)
(845,321
)
(16,871
)
(16,871
)
(84,826
)
(84,826
)
(905,427
)
(126,839
)
(259,813
)
198,618
(1,093,461
)
(5,292
)
(5,292
)
(1,018,995
)
277,416
1,607,216
865,637
1,031,844
412,226
1,593,011
3,037,081
$
12,849
$
689,642
$
3,200,227
$
$
3,902,718
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Consolidating/
Las Vegas
Guarantor
Non-Guarantor
Eliminating
Sands Corp.
Subsidiaries
Subsidiaries
Entries
Total
$
(28,875
)
$
331,374
$
1,651,768
$
(84,116
)
$
1,870,151
159
(688,425
)
(688,266
)
(7,538
)
(26,021
)
(1,990,422
)
(2,023,981
)
828
48,907
49,735
(590
)
(44,713
)
(45,303
)
(173,774
)
(173,774
)
173,774
173,774
(52,729
)
52,729
4,300,000
(4,300,000
)
56,100
(56,100
)
(3,567,037
)
(16,537
)
3,583,574
724,835
(38,200
)
(2,674,653
)
(719,797
)
(2,707,815
)
16,455
16,455
225,514
225,514
(93,400
)
(93,400
)
(4,384,116
)
4,384,116
(56,100
)
56,100
3,400,037
183,537
(3,583,574
)
52,729
(52,729
)
749,305
749,305
647,988
647,988
(1,810,329
)
(1,810,329
)
(572,337
)
(572,337
)
(56,675
)
(56,675
)
(35,055
)
(35,055
)
(3,687
)
(3,687
)
(1,711
)
(1,711
)
(108,549
)
(12,532
)
(121,081
)
(6,579
)
(6,579
)
(9,905
)
(56,060
)
(65,965
)
81,628
(2,914,573
)
901,475
803,913
(1,127,557
)
46,886
46,886
777,588
(2,621,399
)
(74,524
)
(1,918,335
)
254,256
3,033,625
1,667,535
4,955,416
$
1,031,844
$
412,226
$
1,593,011
$
$
3,037,081
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Consolidating/
Las Vegas
Guarantor
Non-Guarantor
Eliminating
Sands Corp.
Subsidiaries
Subsidiaries
Entries
Total
$
94,625
$
445
$
615,885
$
(72,342
)
$
638,613
(729
)
79,359
78,630
(3,570
)
(99,232
)
(1,990,094
)
(2,092,896
)
60
2,554
1,589
4,203
(20,000
)
(171,671
)
191,671
(57,000
)
57,000
499,310
898,574
(1,397,884
)
6,508,610
(6,508,610
)
16,406
(16,406
)
(6,964,009
)
(224
)
6,964,233
(36,599
)
645,678
(1,909,146
)
(709,996
)
(2,010,063
)
51
51
2,386,428
2,386,428
(94,697
)
(94,697
)
(6,580,952
)
6,580,952
(16,406
)
16,406
6,758,758
205,475
(6,964,233
)
77,000
(77,000
)
171,671
(171,671
)
(499,310
)
499,310
(898,574
)
898,574
1,221,644
1,221,644
600,000
600,000
9,884
9,884
(662,552
)
(662,552
)
(40,000
)
(40,000
)
(17,762
)
(17,762
)
(17,695
)
(17,695
)
(3,687
)
(3,687
)
(34,249
)
(1,027
)
(35,276
)
(2,880
)
(37,485
)
(40,365
)
(98,333
)
100,677
2,521,291
782,338
3,305,973
(17,270
)
(17,270
)
(40,307
)
746,800
1,210,760
1,917,253
294,563
2,286,825
456,775
3,038,163
$
254,256
$
3,033,625
$
1,667,535
$
$
4,955,416
Table of Contents
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Quarter
First(1)
Second(1)(2)
Third(1)
Fourth(1)
Total(1)
(In thousands, except per share data)
$
2,111,919
$
2,345,096
$
2,409,375
$
2,544,355
$
9,410,745
485,927
608,122
632,556
663,282
2,389,887
364,503
489,092
505,172
524,352
1,883,119
289,323
410,637
424,879
435,284
1,560,123
228,156
367,607
353,631
320,114
1,269,508
0.32
0.50
0.48
0.44
1.74
0.28
0.45
0.44
0.39
1.56
$
1,334,888
$
1,594,476
$
1,908,772
$
2,015,046
$
6,853,182
141,820
166,775
383,305
488,686
1,180,586
47,814
78,548
268,834
386,407
781,603
17,581
41,807
214,497
325,509
599,394
(28,905
)
(4,679
)
168,011
273,036
407,463
(0.04
)
(0.01
)
0.25
0.40
0.61
(0.04
)
(0.01
)
0.21
0.34
0.51
(1)
(2)
Table of Contents
Provision | ||||||||||||||||
Balance at | for | Write-offs, | Balance | |||||||||||||
Beginning | Doubtful | Net of | at End | |||||||||||||
Description | of Year | Accounts | Recoveries | of Year | ||||||||||||
(In thousands) | ||||||||||||||||
Allowance for doubtful accounts:
|
||||||||||||||||
2009
|
$ | 61,217 | 103,802 | (46,319 | ) | $ | 118,700 | |||||||||
|
||||||||||||||||
2010
|
$ | 118,700 | 97,762 | (34,606 | ) | $ | 181,856 | |||||||||
|
||||||||||||||||
2011
|
$ | 181,856 | 150,456 | (57,246 | ) | $ | 275,066 | |||||||||
|
Balance at | Balance | |||||||||||||||
Beginning | at End | |||||||||||||||
Description | of Year | Additions | Deductions | of Year | ||||||||||||
(In thousands) | ||||||||||||||||
Deferred income tax asset valuation allowance:
|
||||||||||||||||
2009
|
$ | 92,819 | 187,188 | | $ | 280,007 | ||||||||||
|
||||||||||||||||
2010
|
$ | 280,007 | 51,268 | | $ | 331,275 | ||||||||||
|
||||||||||||||||
2011
|
$ | 331,275 | 46,228 | (52,264 | ) | $ | 325,239 | |||||||||
|
120
121
122
Table of Contents
Exhibit No. | Description of Document | |||
3.1 |
Certificate of Amended and Restated Articles of Incorporation
of Las Vegas Sands Corp. (incorporated by reference from
Exhibit 3.1 to the Companys Amendment No. 2 to Registration
Statement on Form S-1 (Reg. No. 333-118827) dated November 22,
2004).
|
|||
|
||||
3.2 |
Amended and Restated By-laws of Las Vegas Sands Corp.
(incorporated by reference from Exhibit 3.2 to the Companys
Quarterly Report on Form 10-Q for the quarter ended September
30, 2007 and filed on November 9, 2007).
|
|||
|
||||
3.3 |
Certificate of Designations for Series A 10% Cumulative
Perpetual Preferred Stock (incorporated by reference from
Exhibit 3.1 to the Companys Current Report on Form 8-K filed
on November 14, 2008).
|
|||
|
||||
3.4 |
Operating Agreement of Las Vegas Sands, LLC dated July 28,
2005 (incorporated by reference from Exhibit 3.1 to the
Companys Current Report on Form S-3 filed on November 17,
2008).
|
|||
|
||||
3.5 |
First Amendment to the Operating Agreement of Las Vegas Sands,
LLC dated May 23, 2007 (incorporated by reference from Exhibit
3.2 to the Companys Current Report on Form S-3 filed on
November 17, 2008).
|
|||
|
||||
4.1 |
Form of Specimen Common Stock Certificate of Las Vegas Sands
Corp. (incorporated by reference from Exhibit 4.1 to the
Companys Amendment No. 2 to Registration Statement on Form
S-1 (Reg. No. 333-118827) dated November 22, 2004).
|
|||
|
||||
4.2 |
Indenture, dated as of February 10, 2005, by and between Las
Vegas Sands Corp., as issuer, and U.S. Bank National
Association, as trustee (the 6.375% Notes Indenture)
(incorporated by reference from Exhibit 4.2 to the Companys
Current Report on Form 8-K filed on February 15, 2005).
|
|||
|
||||
4.3 |
Supplemental Indenture to the 6.375% Notes Indenture, dated as
of February 22, 2005, by and among Las Vegas Sands, Inc.
(n/k/a Las Vegas Sands, LLC), Venetian Casino Resort, LLC,
Mall Intermediate Holding Company, LLC, Lido Intermediate
Holding Company, LLC, Lido Casino Resort, LLC, (which was
merged into Venetian Casino Resort, LLC in March 2007),
Venetian Venture Development, LLC, Venetian Operating Company,
LLC (which was merged into Venetian Casino Resort, LLC in
March 2006), Venetian Marketing, Inc. and Venetian Transport,
LLC, as guarantors, Las Vegas Sands Corp., as issuer and U.S.
Bank National Association, as trustee) (incorporated by
reference from Exhibit 4.1 to the Companys Current Report on
Form 8-K filed on February 23, 2005).
|
|||
|
||||
4.4 |
Second Supplemental Indenture to the 6.375% Notes Indenture,
dated as of May 23, 2007, by and among Interface Group Nevada,
Inc., Lido Casino Resort Holding Company, LLC, Phase II Mall
Holding, LLC, Phase II Mall Subsidiary, LLC, Sands
Pennsylvania, Inc. and Palazzo Condo Tower, LLC, as
guaranteeing subsidiaries, the guarantors party to the first
supplemental indenture, Las Vegas Sands Corp., as issuer, and
U.S. Bank National Association, as trustee (incorporated by
reference from Exhibit 4.1 to the Companys Quarterly Report
on Form 10-Q for the quarter ended June 30, 2007 and filed on
August 9, 2007).
|
123
Exhibit No. | Description of Document | |||
10.1 |
Warrant Agreement, dated as of November 14, 2008, between Las Vegas
Sands Corp. and U.S. Bank National Association, as warrant agent
(incorporated by reference from Exhibit 10.1 to the Companys
Current Report on Form 8-K filed on November 14, 2008).
|
|||
|
||||
10.2 |
Amendment and Restatement Agreement dated as of August 17, 2010, to
the Credit and Guaranty Agreement dated as of May 23, 2007, as
amended, among Las Vegas Sands, LLC, the Guarantors party thereto,
the Lenders party thereto and The Bank of Nova Scotia (including as
Exhibit A thereto the Amended and Restated Credit and Guaranty
Agreement dated as of August 18, 2010 among Las Vegas Sands, LLC,
the Guarantors party thereto, the lenders party thereto, Goldman
Sachs Credit Partners L.P, Citigroup Global Markets Inc., The Bank
of Nova Scotia and Credit Suisse AG, Cayman Islands Branch,
Barclays Capital Inc. and JPMorgan Chase Bank, N.A.) (incorporated
by reference from Exhibit 10.1 to the Companys Quarterly Report on
Form 10-Q for the quarter ended September 30, 2010 and filed on
November 9, 2010).
|
|||
|
||||
10.3 |
Security Agreement, dated as of May 23, 2007, between each of the
parties named as a grantor therein and The Bank of Nova Scotia, as
collateral agent for the secured parties, as defined therein
(incorporated by reference from Exhibit 10.5 to the Companys
Quarterly Report on Form 10-Q for the quarter ended June 30, 2007
and filed on August 9, 2007).
|
|||
|
||||
10.4 |
Deed of Trust, Leasehold Deed of Trust, Assignment of Rents and
Leases, Security Agreement and Fixture Filing made by Phase II Mall
Subsidiary, LLC, as trustor, as of May 23, 2007 in favor of First
American Title Insurance Company, as trustee, for the benefit of
The Bank of Nova Scotia, in its capacity as collateral agent, as
beneficiary (incorporated by reference from Exhibit 10.6 to the
Companys Quarterly Report on Form 10-Q for the quarter ended June
30, 2007 and filed on August 9, 2007).
|
|||
|
||||
10.5 |
Deed of Trust, Leasehold Deed of Trust, Assignment of Rents and
Leases, Security Agreement and Fixture Filing made by Las Vegas
Sands, LLC, as trustor, as of May 23, 2007 in favor of First
American Title Insurance Company, as trustee, for the benefit of
The Bank of Nova Scotia, in its capacity as collateral agent, as
beneficiary (incorporated by reference from Exhibit 10.7 to the
Companys Quarterly Report on Form 10-Q for the quarter ended June
30, 2007 and filed on August 9, 2007).
|
|||
|
||||
10.6 |
Deed of Trust, Leasehold Deed of Trust, Assignment of Rents and
Leases, Security Agreement and Fixture Filing made by Venetian
Casino Resort, LLC, as trustor, as of May 23, 2007 in favor of
First American Title Insurance Company, as trustee, for the benefit
of The Bank of Nova Scotia, in its capacity as collateral agent, as
beneficiary (incorporated by reference from Exhibit 10.8 to the
Companys Quarterly Report on Form 10-Q for the quarter ended June
30, 2007 and filed on August 9, 2007).
|
|||
|
||||
10.7 |
Deed of Trust, Leasehold Deed of Trust, Assignment of Rents and
Leases, Security Agreement and Fixture Filing made by Venetian
Casino Resort, LLC and Las Vegas Sands, LLC, jointly and severally
as trustors, as of May 23, 2007 in favor of First American Title
Insurance Company, as trustee, for the benefit of The Bank of Nova
Scotia, in its capacity as collateral agent, as beneficiary
(incorporated by reference from Exhibit 10.9 to the Companys
Quarterly Report on Form 10-Q for the quarter ended June 30, 2007
and filed on August 9, 2007).
|
|||
|
||||
10.8 |
Deed of Trust, Leasehold Deed of Trust, Assignment of Rents and
Leases, Security Agreement and Fixture Filing made by Interface
Group-Nevada, Inc., as trustor, as of May 23, 2007 in favor of
First American Title Insurance Company, as trustee, for the benefit
of The Bank of Nova Scotia, in its capacity as collateral agent, as
beneficiary (incorporated by reference from Exhibit 10.10 to the
Companys Quarterly Report on Form 10-Q for the quarter ended June
30, 2007 and filed on August 9, 2007).
|
124
Exhibit No. | Description of Document | |||
10.9 |
Credit Agreement, dated as of September 21, 2011, entered into by
and among VML US Finance LLC, Venetian Macau Limited, the financial
institutions listed on the signature pages thereto as Lenders, Bank
of China Limited, Macau Branch (BOC), as administrative agent for
the Lenders, Goldman Sachs (Asia) L.L.C., Goldman Sachs Lending
Partners LLC, Bank of America, N.A., BOC, Barclays Capital, BNP
Paribas Hong Kong Branch, Citigroup Global Markets Asia Limited,
Citibank, N.A. Hong Kong Branch, Commerzbank AG, Credit Agricole
Corporate and Investment Bank, Credit Suisse Securities (USA) LLC,
Credit Suisse AG, Singapore Branch, Industrial and Commercial Bank
of China (Macau) Limited, ING Capital L.L.C. and ING Bank NV,
Singapore Bank, Sumitomo Mitsui Banking Corporation, UBS Securities
LLC and United Overseas Bank Limited, as global coordinators and
bookrunners for the Term Loan Facility and Revolving Credit
Facility and as co-syndication agents for the Term Loan Lenders and
Revolving Loan Lenders and Banco Nacional Ultramarino, S.A., DBS
Bank Ltd., Oversea-Chinese Banking Corporation Limited, The Bank of
Nova Scotia and Wing Lung Bank Ltd., Macau Branch, as lead
arrangers for the Term Loan Facility and Revolving Credit Facility
(incorporated by reference from Exhibit 10.1 to the Companys
Quarterly Report on Form 10-Q for the quarter ended September 30,
2011 and filed on November 9, 2011).
|
|||
|
||||
10.10 |
Credit Agreement, dated as of May 17, 2010, by and among Venetian
Orient Limited, the financial institutions listed as Lenders on the
signature pages thereto, The Bank of Nova Scotia, as Administrative
Agent, Goldman Sachs Lending Partners LLC, BNP Paribas, Hong Kong
Branch, Citibank, N.A., Citigroup Financial Services Limited and
Citibank, N.A., Hong Kong Branch, UBS AG Hong Kong Branch, Barclays
Capital, The Investment Banking Division of Barclays PLC, Bank of
China Limited, Macau Branch (BOC), and Industrial and Commercial
Bank of China (Macau) Limited (ICBC), as Global Coordinators and
Bookrunners, and, with the exception of BOC and ICBC, as
co-syndication agents for the enders, and Banco Nacional
Ultramarino, S.A., DBS Bank Ltd. and Oversea-Chinese Banking
Corporation Limited, as Mandated Lead Arrangers and Bookrunners
(incorporated by reference from Exhibit 10.1 to the Companys
Quarterly Report on Form 10-Q for the quarter ended June 30, 2010
and filed on August 9, 2010).
|
|||
|
||||
10.11 |
Sponsor Agreement, dated as of May 17, 2010, by and between Sands
China Ltd., The Bank of Nova Scotia, as administrative agent, and
Bank of China Limited, Macau Branch, as the collateral agent
(incorporated by reference from Exhibit 10.2 to the Companys
Quarterly Report on Form 10-Q for the quarter ended June 30, 2010
and filed on August 9, 2010).
|
|||
|
||||
10.12 |
Guaranty, dated as of May 17, 2010, is made by Sands China Ltd.,
and each Subsidiary of Sands China Ltd. Required from time to time
to become party hereto pursuant to the Credit Agreement, in favor
of and for the benefit of The Bank of Nova Scotia, as
administrative agent (incorporated by reference from Exhibit 10.3
to the Companys Quarterly Report on Form 10-Q for the quarter
ended June 30, 2010 and filed on August 9, 2010).
|
|||
|
||||
10.13 |
Credit Agreement, dated as of May 25, 2006, by and among VML US
Finance LLC, Venetian Macau Limited, the financial institutions
listed therein as lenders, The Bank of Nova Scotia, Banco Nacional
Ultramarino, S.A., Sumitomo Mitsui Banking Corporation, Goldman
Sachs Credit Partners L.P., Lehman Brothers Inc. and Citigroup
Global Markets, Inc. (incorporated by reference from Exhibit 10.1
to the Companys Quarterly Report on Form 10-Q for the quarter
ended June 30, 2006 and filed on August 9, 2006).
|
|||
|
||||
10.14 |
Disbursement Agreement, dated as of May 25, 2006, by and among VML
US Finance LLC, Venetian Cotai Limited, Venetian Macau Limited and
The Bank of Nova Scotia (incorporated by reference from Exhibit
10.2 to the Companys Quarterly Report on Form 10-Q for the quarter
ended June 30, 2006 and filed on August 9, 2006).
|
|||
|
||||
10.15 |
First Amendment to Credit Agreement and Disbursement Agreement,
dated as of March 5, 2007, among Venetian Macau Limited, VML US
Finance LC, Venetian Cotai Limited and The Bank of Nova Scotia, as
administrative agent and disbursement agent (incorporated by
reference from Exhibit 10.1 to the Companys Quarterly Report on
Form 10-Q for the quarter ended March 31, 2007 and filed on May 10,
2007).
|
|||
|
||||
10.16 |
First Amendment to Disbursement Agreement, dated as of March 5,
2007, among VML US Finance LLC, Venetian Cotai Limited, Venetian
Macau Limited and The Bank of Nova Scotia, as disbursement agent
and bank agent. (incorporated by reference from Exhibit 10.2 to the
Companys Quarterly Report on Form 10-Q for the quarter ended March
31, 2007 and filed on May 10, 2007).
|
125
Exhibit No. | Description of Document | |||
10.17 |
Second Amendment to Credit Agreement, dated as of August 12, 2009,
by and among VML US Finance LLC, Venetian Macau Limited and The
Bank of Nova Scotia, as administrative agent for the Lenders and
the Loan Parties party thereto (incorporated by reference from
Exhibit 10.7 to the Companys Quarterly Report on Form 10-Q for the
quarter ended September 30, 2009 and filed on November 9, 2009).
|
|||
|
||||
10.18 |
Facility Agreement, dated as of December 28, 2007, among Marina Bay
Sands Pte. Ltd., as borrower, Goldman Sachs Foreign Exchange
(Singapore) Pte., DBS Bank Ltd., UOB Asia Limited, Oversea-Chinese
Banking Corporation Limited, as coordinators, and DBS Bank Ltd., as
technical bank, agent and security trustee (incorporated by
reference from Exhibit 10.59 to the Companys Annual Report on Form
10-K for year ended December 31, 2007 and filed on February 29,
2008).
|
|||
|
||||
10.19 |
Sponsor Support Agreement, dated as of December 28, 2007, among Las
Vegas Sands Corp., as sponsor, Sands Mauritius Holdings and MBS
Holdings Pte. Ltd., as holding company, Marina Bay Sands Pte. Ltd.,
as borrower and DBS Bank Ltd., as security trustee (incorporated by
reference from Exhibit 10.60 to the Companys Annual Report on Form
10-K for year ended December 31, 2007 and filed on February 29,
2008).
|
|||
|
||||
10.20 |
Construction Agency Agreement, dated as of May 1, 1997, by and
between Venetian Casino Resort, LLC and Atlantic Pacific Las Vegas,
LLC (incorporated by reference from Exhibit 10.21 to Amendment No.
2 to Las Vegas Sands, Inc.s Registration Statement on Form S-4
(File No. 333-42147) dated March 27, 1998).
|
|||
|
||||
10.21 |
Sands Resort Hotel and Casino Agreement, dated as of February 18,
1997, by and between Clark County and Las Vegas Sands, Inc.
(incorporated by reference from Exhibit 10.27 to Amendment No. 1 to
Las Vegas Sands, Inc.s Registration Statement on Form S-4 (File
No. 333-42147) dated February 12, 1998).
|
|||
|
||||
10.22 |
Addendum to Sands Resort Hotel and Casino Agreement, dated as of
September 16, 1997, by and between Clark County and Las Vegas
Sands, Inc. (incorporated by reference from Exhibit 10.20 to the
Companys Amendment No. 1 to Registration Statement on Form S-1
(Reg. No. 333-118827) dated October 25, 2004).
|
|||
|
||||
10.23 |
Improvement Phasing Agreement by and between Clark County and Lido
Casino Resort, LLC (incorporated by reference from Exhibit 10.21 to
the Companys Amendment No. 1 to Registration Statement on Form S-1
(Reg. No. 333-118827) dated October 22, 2004).
|
|||
|
||||
10.24 |
Concession Contract for Operating Casino Games of Chance or Games
of Other Forms in the Macao Special Administrative Region, June
26, 2002, by and among the Macao Special Administrative Region and
Galaxy Casino Company Limited (incorporated by reference from
Exhibit 10.40 to Las Vegas Sands, Inc.s Form 10-K for the year
ended December 31, 2002 and filed on March 31, 2003).
|
|||
|
||||
10.25 | |
Subconcession Contract for Operating Casino Games of Chance or
Games of Other Forms in the Macao Special Administrative Region,
dated December 19, 2002, between Galaxy Casino Company Limited, as
concessionaire, and Venetian Macau S.A., as subconcessionaire
(incorporated by reference from Exhibit 10.65 to the Companys
Amendment No. 5 to Registration Statement on Form S-1 (Reg. No.
333-118827) dated December 10, 2004).
|
||
|
||||
10.26 |
Land Concession Agreement, dated as of December 10, 2003, relating
to the Sands Macao between the Macao Special Administrative Region
and Venetian Macau Limited (incorporated by reference from Exhibit
10.39 to the Companys Amendment No. 1 to Registration Statement
on Form S-1 (Reg. No. 333-118827) dated October 25, 2004).
|
126
Exhibit No. | Description of Document | |||
10.27 |
Amendment, published on April 22, 2008, to Land Concession
Agreement, dated as of December 10, 2003, relating to the Sands
Macao between the Macau Special Administrative Region and Venetian
Macau Limited (incorporated by reference from Exhibit 10.3 to the
Companys Quarterly Report on Form 10-Q for the quarter ended
March 31, 2008 and filed on May 9, 2008).
|
|||
|
||||
10.28 |
Land Concession Agreement, dated as of February 23, 2007, relating
to the Venetian Macao, Four Seasons Macao and Site 3 among the
Macau Special Administrative Region, Venetian Cotai Limited and
Venetian Macau Limited (incorporated by reference from Exhibit
10.3 to the Companys Quarterly Report on Form 10-Q for the
quarter ended March 31, 2007 and filed on May 10, 2007).
|
|||
|
||||
10.29 |
Amendment published on October 28, 2008, to Land Concession
Agreement between Macau Special Administrative Region and Venetian
Cotai Limited (incorporated by reference from Exhibit 10.5 to the
Companys Quarterly Report on Form 10-Q for the quarter ended
September 30, 2008 and filed on November 10, 2008).
|
|||
|
||||
10.30 |
Development Agreement, dated August 23, 2006, between the
Singapore Tourism Board and Marina Bay Sands Pte. Ltd.
(incorporated by reference from Exhibit 10.3 to the Companys
Quarterly Report on Form 10-Q for the quarter ended September 30,
2006 and filed on November 9, 2006).
|
|||
|
||||
10.31 |
Supplement to Development Agreement, dated December 11, 2009, by
and between Singapore Tourism Board and Marina Bay Sands PTE. LTD
(incorporated by reference from Exhibit 10.76 to the Companys
Annual Report on Form 10-K for the year ended December 31, 2009
and filed on March 1, 2010).
|
|||
|
||||
10.32 |
Energy Services Agreement, dated as of May 1, 1997, by and between
Atlantic Pacific Las Vegas, LLC and Venetian Casino Resort, LLC
(incorporated by reference from Exhibit 10.3 to Amendment No. 2 to
Las Vegas Sands, Inc.s Registration Statement on Form S-4 (File
No. 333-42147) dated March 27, 1998).
|
|||
|
||||
10.33 |
Energy Services Agreement Amendment No. 1, dated as of July 1,
1999, by and between Atlantic Pacific Las Vegas, LLC and Venetian
Casino Resort, LLC (incorporated by reference from Exhibit 10.8 to
Las Vegas Sands, Inc.s Annual Report on Form 10-K for the year
ended December 31, 1999 and filed on March 30, 2000).
|
|||
|
||||
10.34 |
Energy Services Agreement Amendment No. 2, dated as of July 1,
2006, by and between Atlantic Pacific Las Vegas, LLC and Venetian
Casino Resort, LLC (incorporated by reference from Exhibit 10.77
to the Companys Annual Report on Form 10-K for the year ended
December 31, 2006 and filed on February 28, 2007).
|
|||
|
||||
10.35 |
Energy Services Agreement Amendment No. 3 dated as of February 10,
2009, by and between Trigen-Las Vegas Energy Company, LLC f/k/a
Atlantic Pacific Las Vegas, LLC, Venetian Casino Resort, LLC Grand
Canal Shops II, LLC and Interface Group-Nevada, Inc. (incorporated
by reference from Exhibit 10.34 to the Companys Annual Report on
Form 10-K for year ended December 31, 2010 and filed on March 1,
2011).
|
|||
|
||||
10.36 |
Energy Services Agreement, dated as of November 14, 1997, by and
between Atlantic-Pacific Las Vegas, LLC and Interface
Group-Nevada, Inc. (incorporated by reference from Exhibit 10.8 to
Amendment No. 1 of the Companys Registration Statement on Form
S-1 (Reg. No. 333-118827) dated October 25, 2004).
|
|||
|
||||
10.37 |
Energy Services Agreement Amendment No. 1, dated as of July 1,
1999, by and between Atlantic-Pacific Las Vegas, LLC and Interface
Group-Nevada, Inc. (incorporated by reference from Exhibit 10.9 to
the Companys Amendment No. 1 to Registration Statement on Form
S-1 (Reg. No. 333-118827) dated October 25, 2004).
|
|||
|
||||
10.38 |
Amended and Restated Services Agreement, dated as of November 14,
1997, by and among Las Vegas Sands, Inc., Venetian Casino Resort,
LLC, Interface Group Holding Company, Inc., Interface
Group-Nevada, Inc., Lido Casino Resort MM, Inc., Grand Canal Shops
Mall MM Subsidiary, Inc. and certain subsidiaries of Venetian
Casino Resort, LLC named therein (incorporated by reference from
Exhibit 10.15 to Amendment No. 1 to Las Vegas Sands, Inc.s
Registration Statement on Form S-4 (File No. 333-42147) dated
February 12, 1998).
|
|||
|
||||
10.39 |
Assignment and Assumption Agreement, dated as of November 8, 2004,
by and among Las Vegas Sands, Inc., Venetian Casino Resort, LLC,
Interface Group Holding Company, Inc., Interface Group-Nevada,
Inc., Interface Operations LLC, Lido Casino Resort MM, Inc., Grand
Canal Shops Mall MM Subsidiary, Inc. and certain subsidiaries of
Venetian Casino Resort, LLC named therein (incorporated by
reference from Exhibit 10.52 to the Companys Amendment No. 2 to
Registration Statement on Form S-1 (Reg. No. 333-118827) dated
November 22, 2004).
|
127
Exhibit No. | Description of Document | |||
10.40 |
Fourth Amended and Restated Reciprocal Easement, Use and Operating
Agreement, dated as of February 29, 2008, by and among Interface
Group Nevada, Inc., Grand Canal Shops II, LLC, Phase II Mall
Subsidiary, LLC, Venetian Casino Resort, LLC, and Palazzo Condo
Tower, LLC (incorporated by reference from Exhibit 10.1 to the
Companys Quarterly Report on Form 10-Q for the quarter ended
March 31, 2008 and filed on May 9, 2008).
|
|||
|
||||
10.41 |
Amended and Restated Las Vegas Sands, Inc. 1997 Fixed Stock Option
Plan (the 1997 Stock Option Plan) (incorporated by reference
from Exhibit 10.10 to Las Vegas Sands, Inc.s Quarterly Report on
Form 10-Q for the quarter ended June 30, 2002 and filed on August
14, 2002).
|
|||
|
||||
10.42 |
First Amendment to the 1997 Stock Option Plan, dated June 4, 2002 (incorporated by reference from
Exhibit 10.11 to Las Vegas Sands, Inc.s Quarterly Report on Form 10-Q for the quarter ended June
30, 2002 and filed on August 14, 2002).
|
|||
|
||||
10.43 |
Assumption Agreement, dated as of January 2, 2002, by Sheldon G. Adelson with respect to the 1997
Stock Option Plan (incorporated by reference from Exhibit 10.5 to Las Vegas Sands, Inc.s Quarterly
Report on Form 10-Q for the quarter ended March 31, 2002 and filed on May 8, 2002).
|
|||
|
||||
10.44 |
Assumption Agreement, dated as of July 15, 2004, by Las Vegas Sands, Inc. with respect to the 1997
Stock Option Plan (incorporated by reference from Exhibit 10.25 to the Companys Registration
Statement on Form S-1 (Reg. No. 333-118827) dated September 3, 2004).
|
|||
|
||||
10.45 |
Assignment and Assumption Agreement, dated as of December 20, 2004, by and among Las Vegas Sands,
Inc., Las Vegas Sands Corp. and Sheldon G. Adelson (incorporated by reference from Exhibit 10.27 to
the Companys Current Report on Form 8-K filed on April 4, 2005).
|
|||
|
||||
10.46 |
Las Vegas Sands Corp. 2004 Equity Award Plan (incorporated by reference from Exhibit 10.41 to the
Companys Quarterly Report on Form 10-Q for the quarter ended March 31, 2005and filed on May 16,
2005).
|
|||
|
||||
10.47 |
First Amendment, dated as of February 5, 2007, to the Las Vegas Sands Corp. 2004 Equity Award Plan
(incorporated by reference from Exhibit 10.76 to the Companys Annual Report on Form 10-K for the
year ended December 31, 2006 and filed on February 28, 2007).
|
|||
|
||||
10.48 | * |
Second Amendment, dated as of December 14, 2011, to the Las Vegas Sands Corp. 2004 Equity Award Plan.
|
||
|
||||
10.49 |
Form of Restricted Stock Award Agreements under the 2004 Equity Award Plan (incorporated by
reference from Exhibit 10.70 to the Companys Amendment No. 4 to Registration Statement on Form S-1
(Reg. No. 333-118827) dated December 8, 2004).
|
|||
|
||||
10.50 |
Form of Restricted Stock Award Agreement under the 2004 Equity Award Plan (incorporated by reference
from Exhibit 10.48 to the Companys Annual Report on Form 10-K for year ended December 31, 2010 and
filed on March 1, 2011).
|
|||
|
||||
10.51 |
Form of Nonqualified Stock Option Agreements under the 2004 Equity Award Plan (incorporated by
reference from Exhibit 10.71 to the Companys Amendment No. 4 to Registration Statement on Form S-1
(Reg. No. 333-118827) dated December 8, 2004).
|
|||
|
||||
10.52 |
Form of Nonqualified Stock Option Agreement under the Companys 2004 Equity Award Plan (incorporated
by reference from Exhibit 10.2 to the Companys Quarterly Report on Form 10-Q for the quarter ended
June 30, 2009 and filed August 7, 2009).
|
|||
|
||||
10.53 |
Form of Nonqualified Stock Option Agreement under the 2004 Equity Award Plan (incorporated by
reference from Exhibit 10.51 to the Companys Annual Report on Form 10-K for year ended December 31,
2010 and filed on March 1, 2011).
|
|||
|
||||
10.54 |
Las Vegas Sands Corp. Executive Cash Incentive Plan (incorporated by reference from Exhibit 10.42 to
the Companys Quarterly Report on Form 10-Q for the quarter ended March 31, 2005 and filed on May
16, 2005).
|
128
Exhibit No. | Description of Document | |||
10.55 |
Las Vegas Sands Corp. Deferred Compensation Plan (incorporated by reference from Exhibit 10.63 to
the Companys Amendment No. 2 to Registration Statement on Form S-1 (Reg. No. 333-118827) dated
November 22, 2004).
|
|||
|
||||
10.56 |
Form of Restricted Stock Award Agreement (incorporated by reference from Exhibit 10.1 to the
Companys Current Report on Form 8-K filed on February 9, 2007).
|
|||
|
||||
10.57 |
Employment Agreement, dated as of November 18, 2004, by and among Las Vegas Sands Corp., Las Vegas
Sands, Inc. and Sheldon G. Adelson (incorporated by reference from Exhibit 10.36 to the Companys
Amendment No. 2 to Registration Statement on Form S-1 (Reg. No. 333-118827) dated November 22,
2004).
|
|||
|
||||
10.58 |
Amendment No. 1 to Employment Agreement, dated as of December 31, 2008, by and among Las Vegas Sands
Corp., Las Vegas Sands, LLC (f/k/a Las Vegas Sands, Inc.) and Sheldon G. Adelson (incorporated by
reference from Exhibit 10.35 to the Companys Annual Report on Form 10-K for the year ended December
31, 2008 and filed on March 2, 2009).
|
|||
|
||||
10.59 |
Employment Agreement, dated as of November 13, 2010, among Las Vegas Sands Corp., Las Vegas Sands,
LLC and Michael A. Leven (incorporated by reference from Exhibit 10.57 to the Companys Annual
Report on Form 10-K for year ended December 31, 2010 and filed on March 1, 2011).
|
|||
|
||||
10.60 |
Employment Agreement, dated as of December 1, 2008 between Las
Vegas Sands Corp. and Kenneth J. Kay (incorporated by reference
from Exhibit 10.36 to the Companys Annual Report on Form 10-K for
the year ended December 31, 2008 and filed on March 2, 2009).
|
|||
|
||||
10.61 |
Letter Agreement, dated January 18, 2010, between Las Vegas Sands
Corp. and Kenneth J. Kay (incorporated by reference from Exhibit
10.33 to the Companys Annual Report on Form 10-K for the year
ended December 31, 2009 and filed on March 1, 2010).
|
|||
|
||||
10.62 |
Employment Agreement, dated as of January 11, 2011, among Las
Vegas Sands Corp., Las Vegas Sands, LLC and Robert G. Goldstein
(incorporated by reference from Exhibit 10.60 to the Companys
Annual Report on Form 10-K for year ended December 31, 2010 and
filed on March 1, 2011).
|
|||
|
||||
10.63* |
Settlement Agreement, date as of June 24,
2011, by and among Venetian Casino Resort, LLC,
Phase II Mall Holding, LLC, GGP Limited Partnership,
The Shoppes at the Palazzo, LLC (f/k/a Phase II Mall Subsidiary, LLC)
and Grand Canal Shops II, LLC.
|
129
Exhibit No. | Description of Document | |||
10.64 |
Reserved.
|
|||
|
||||
10.65 |
Reserved.
|
|||
|
||||
10.66 |
Purchase and Sale Agreement, dated April 12, 2004, by and among
Grand Canal Shops Mall Subsidiary, LLC, Grand Canal Shops Mall MM
Subsidiary, Inc. and GGP Limited Partnership (incorporated by
reference from Exhibit 10.1 to Las Vegas Sands, Inc.s Current
Report on Form 8-K filed on April 16, 2004).
|
|||
|
||||
10.67 |
Agreement, made as of April 12, 2004, by and between Lido Casino
Resort, LLC and GGP Limited Partnership (incorporated by reference
from Exhibit 10.2 to Las Vegas Sands, Inc.s Current Report on
Form 8-K filed on April 16, 2004).
|
|||
|
||||
10.68 |
Assignment and Assumption of Agreement and First Amendment to
Agreement, dated September 30, 2004, made by Lido Casino Resort,
LLC, as assignor, to Phase II Mall Holding, LLC, as assignee, and
to GGP Limited Partnership, as buyer (incorporated by reference
from Exhibit 10.60 to the Companys Amendment No. 1 to
Registration Statement on Form S- 1 (Reg. No. 333-118827) dated
October 25, 2004).
|
|||
|
||||
10.69 |
Second Amendment, dated as of January 31, 2008, to Agreement dated
as of April 12, 2004 and amended as of September 30, 2004, by and
among Venetian Casino Resort, LLC, as successor-by-merger to Lido
Casino Resort, LLC, Phase II Mall Holding, LLC, as
successor-in-interest to Lido Casino Resort, LLC, and GGP Limited
Partnership (incorporated by reference from Exhibit 10.2 to the
Companys Quarterly Report on Form 10-Q for the quarter ended
March 31, 2008 and filed on May 9, 2008).
|
|||
|
||||
10.70 |
Second Amended and Restated Registration Rights Agreement, dated
as of November 14, 2008, by and among Las Vegas Sands Corp., Dr.
Miriam Adelson and the other Adelson Holders (as defined therein)
that are party to the agreement from time to time (incorporated by
reference from Exhibit 10.2 to the Companys Current Report on
Form 8-K filed on November 14, 2008).
|
|||
|
||||
10.71 |
Investor Rights Agreement, dated as of September 30, 2008, by and
between Las Vegas Sands Corp. and the Investor named therein
(incorporated by reference from Exhibit 10.3 to the Companys
Quarterly Report on Form 10-Q for the quarter ended September 30,
2008 and filed on November 10, 2008).
|
|||
|
||||
10.72 |
Agreement, dated as of July 8, 2004, by and between Sheldon G.
Adelson and Las Vegas Sands, Inc. (incorporated by reference from
Exhibit 10.47 to the Companys Registration Statement on Form S-1
(Reg. No. 333-118827) dated September 3, 2004).
|
|||
|
||||
10.73 |
Venetian Hotel Service Agreement, dated as of June 28, 2001, by
and between Venetian Casino Resort, LLC and Interface
Group-Nevada, Inc. d/b/a Sands Expo and Convention Center
(incorporated by reference from Exhibit 10.49 to the Companys
Amendment No. 2 to Registration Statement on Form S-1 (Reg. No.
333-118827) dated November 22, 2004).
|
|||
|
||||
10.74 |
First Amendment to Venetian Hotel Service Agreement, dated as of
June 28, 2004, by and between Venetian Casino Resort, LLC and
Interface Group-Nevada, Inc. d/b/a Sands Expo and Convention
Center (incorporated by reference from Exhibit 10.50 to the
Companys Registration Statement on Form S-1 (Reg. No. 333-118827)
dated September 3, 2004).
|
|||
|
||||
10.75 |
Tax Indemnification Agreement, dated as of December 17, 2004, by
and among Las Vegas Sands Corp., Las Vegas Sands, Inc. and the
stockholders named therein (incorporated by reference from Exhibit
10.56 to the Companys Current Report on Form 8-K filed on April
4, 2005).
|
|||
|
||||
10.76 |
Aircraft Time Sharing Agreement, dated as of November 6, 2009 and
effective as of January 1, 2009, between Las Vegas Sands Corp. and
Interface Operations, LLC (incorporated by reference from Exhibit
10.2 to the Companys Quarterly Report on Form 10-Q for the
quarter ended September 30, 2009 and filed on November 9, 2009).
|
|||
|
||||
10.77 |
Aircraft Time Sharing Agreement, dated as of November 6, 2009 and
effective as of January 1, 2009, between Interface Operations, LLC
and Las Vegas Sands Corp. (incorporated by reference from Exhibit
10.3 to the Companys Quarterly Report on Form 10-Q for the
quarter ended September 30, 2009 and filed on November 9, 2009).
|
130
Exhibit No. | Description of Document | |||
10.78 |
Aircraft Time Sharing Agreement, dated as of November 6, 2009 and effective as of January 1, 2009,
between Las Vegas Sands Corp. and Interface Operations, LLC (incorporated by reference from Exhibit
10.4 to the Companys Quarterly Report on Form 10-Q for the quarter ended September 30, 2009 and filed
on November 9, 2009).
|
|||
|
||||
10.79 |
Aircraft Time Sharing Agreement, dated as of November 6, 2009 and effective as of January 1, 2009,
between Interface Operations, LLC and Las Vegas Sands Corp. (incorporated by reference from Exhibit
10.5 to the Companys Quarterly Report on Form 10-Q for the quarter ended September 30, 2009 and filed
on November 9, 2009).
|
|||
|
||||
10.80 |
Aircraft Time Sharing Agreement, dated as of November 6, 2009 and effective as of January 1, 2009,
between Interface Operations Bermuda, LTD and Las Vegas Sands Corp. (incorporated by reference from
Exhibit 10.6 to the Companys Quarterly Report on Form 10-Q for the quarter ended September 30, 2009
and filed on November 9, 2009).
|
|||
|
||||
10.81 |
Aircraft Time Share Agreement, dated as of May 23, 2007, by and between Interface Operations LLC and
Las Vegas Sands Corp. (incorporated by reference from Exhibit 10.2 to the Companys Quarterly Report
on Form 10-Q for the quarter ended June 30, 2007 and filed on August 9, 2007).
|
|||
|
||||
10.82 |
Aircraft Time Sharing Agreement, dated as of January 1, 2005, by and between Interface Operations LLC
and Las Vegas Sands Corp. (incorporated by reference from Exhibit 10.3 to the Companys Quarterly
Report on Form 10-Q for the quarter ended September 30, 2005 and filed November 14, 2005).
|
|||
|
||||
10.83 |
Aircraft Time Sharing Agreement, dated as of June 18, 2004, by and between Interface Operations LLC
and Las Vegas Sands, Inc. (incorporated by reference from Exhibit 10.48 to the Companys Amendment No.
1 to Registration Statement on Form S-1 (Reg. No. 333-118827) dated October 25, 2004).
|
|||
|
||||
10.84 |
Aircraft Time Sharing Agreement dated as of April 14, 2011, between Las Vegas Sands Corp. and
Interface Operations, LLC (incorporated by reference from Exhibit 10.1 to the Companys Quarterly
Report on Form 10-Q for the quarter ended June 30, 2011).
|
|||
|
||||
10.85 |
Form of Restricted Stock Award Agreement under the 2004 Equity Award Plan (incorporated by reference
from Exhibit 10.82 to the Companys Annual Report on Form 10-K for year ended December 31, 2010 and
filed on March 1, 2011).
|
|||
|
||||
10.86 | * |
Form of Restricted Stock Award agreement under the 2004 Equity Award Plan.
|
||
|
||||
10.87 | * |
Form of Restricted Stock Units Award agreement under the 2004 Equity Award Plan.
|
||
|
||||
10.88 | * |
Las Vegas Sands Corp. Non-Employee Director Deferred Compensation Plan.
|
||
|
||||
21.1 | * |
Subsidiaries of Las Vegas Sands Corp.
|
||
|
||||
23.1 | * |
Consent of PricewaterhouseCoopers LLP.
|
||
|
||||
31.1 | * |
Certification of the Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
|
||
|
||||
31.2 | * |
Certification of the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
|
||
|
||||
32.1 | * |
Certification of Chief Executive Officer of Las Vegas Sands Corp. pursuant to 18 U.S.C. Section 1350,
as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
|
||
|
||||
32.2 | * |
Certification of Chief Financial Officer of Las Vegas Sands Corp. pursuant to 18 U.S.C. Section 1350,
as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
|
||
|
||||
101.INS v |
XBRL Instance Document
|
|||
|
||||
101.SCH v |
XBRL Taxonomy Extension Schema Document
|
|||
|
||||
101.CAL v |
XBRL Taxonomy Extension Calculation Linkbase Document
|
|||
|
||||
101.DEF v |
XBRL Taxonomy Extension Definition Linkbase Document
|
|||
|
||||
101.LAB v |
XBRL Taxonomy Extension Label Linkbase Document
|
|||
|
||||
101.PRE v |
XBRL Taxonomy Extension Presentation Linkbase Document
|
131
* |
Filed herewith.
|
|
|
Confidential treatment has been requested and granted
with respect to portions of this exhibit, and such
confidential portions have been deleted and replaced
with ** and filed separately with the Securities and
Exchange Commission pursuant to Rule 406 under the
Securities Act of 1933.
|
|
v |
Pursuant to Rule 406T of Regulation S-T, this
interactive data file is deemed not filed or part of a
registration statement or prospectus for purposes of
Sections 11 or 12 of the Securities Act of 1933, is
deemed not filed for purposes of Section 18 of the
Securities Exchange Act of 1934, and otherwise is not
subject to liability under these sections.
|
132
133
LAS VEGAS SANDS CORP.
February 29, 2012
/s/
Sheldon G. Adelson
Sheldon G. Adelson,
Chairman of the Board and
Chief Executive Officer
Signature
Title
Date
Chairman of the Board, Chief
Executive Officer and Director
February 29, 2012
President, Chief Operating
Officer and Director
February 29, 2012
Director
February 29, 2012
Director
February 29, 2012
Director
February 29, 2012
Director
February 29, 2012
Director
February 29, 2012
Director
February 29, 2012
Director
February 29, 2012
Executive Vice President and Chief
Financial Officer
February 29, 2012
Chief Accounting Officer
and Global Controller
February 29, 2012
LAS VEGAS
SANDS CORP.
|
||||||
By: | /s/ Michael A. Leven | |||||
Name: Michael A. Leven | ||||||
Title: President and Chief Operating Officer | ||||||
PHASE II MALL HOLDING, LLC | ||||||||||||
|
||||||||||||
By: | Lido Casino Resort Holding Company, LLC, its Manager | |||||||||||
|
||||||||||||
By: | Lido Intermediate Holding Company, LLC, its sole member | |||||||||||
|
||||||||||||
By: | Venetian Casino Resort, LLC, its sole member | |||||||||||
|
||||||||||||
|
By: | /s/ Kenneth J. Kay | ||||||||||
|
||||||||||||
|
Name: Kenneth J. Kay | |||||||||||
|
Title: Chief Financial Officer |
VENETIAN CASINO RESORT, LLC
|
||||
By: | /s/ Kenneth J. Kay | |||
Name: | Kenneth J. Kay | |||
Title: | Chief Financial Officer |
GGP LIMITED PARTNERSHIP | ||||||||
|
||||||||
By: | General Growth Partnership, Inc., its general partner | |||||||
|
||||||||
|
By: | /s/ Michael Chimitris | ||||||
|
||||||||
|
Name: Michael Chimitris
Title: Assistant Secretary |
THE SHOPPES AT THE PALAZZO, LLC f/k/a PHASE II MALL SUBSIDIARY, LLC
|
||||
By: | /s/ Michael Chimitris | |||
Name: | Michael Chimitris | |||
Title: | Assistant Secretary |
GRAND CANAL SHOPS II, LLC
|
||||
By: | /s/ Michael Chimitris | |||
Name: | Michael Chimitris | |||
Title: | Assistant Secretary |
2
3
4
5
Las Vegas Sands Corp. | ||||||
|
||||||
|
By: | |||||
|
||||||
|
Name: | |||||
|
Title: | |||||
|
||||||
[type in name of participant] |
6
2
3
4
5
6
Las Vegas Sands Corp. | ||||||
|
||||||
|
By: | |||||
|
||||||
|
Name: | |||||
|
Title: | |||||
|
||||||
[NAME OF PARTICIPANT] |
7
2
3
4
5
6
7
8
9
10
11
12
13
LAS VEGAS SANDS CORP.
|
||||
By: | /s/ Michael A. Leven |
14
State or Other Jurisdiction of | ||
Legal Name | Incorporation or Organization | |
Asian Cultural & Recreational Promotion (II) Co., Limited
|
Hong Kong | |
BBLV, LLC
|
Nevada | |
Beijing Asia Travel Alliance Business Consulting Co., Ltd.
|
PRC | |
Bethlehem Works Owners Association, LLC
|
Pennsylvania | |
Cotai Ferry Company Limited
|
Macau | |
Cotai Strip Lot 2 Apart Hotel (Macau) Limited
|
Macau | |
Cotai Strip Lot 7 & 8 Development Limited
|
Macau | |
Cotai Waterjets (HK) Limited
|
Hong Kong | |
CotaiJet 311 Ltd.
|
Cayman Islands | |
CotaiJet 312 Ltd.
|
Cayman Islands | |
CotaiJet 313 Ltd.
|
Cayman Islands | |
CotaiJet 314 Ltd.
|
Cayman Islands | |
CotaiJet 315 Ltd.
|
Cayman Islands | |
CotaiJet 316 Ltd.
|
Cayman Islands | |
CotaiJet 317 Ltd.
|
Cayman Islands | |
CotaiJet 318 Ltd.
|
Cayman Islands | |
CotaiJet 319 Ltd.
|
Cayman Islands | |
CotaiJet 320 Ltd.
|
Cayman Islands | |
CotaiJet 350 Ltd.
|
Cayman Islands | |
CotaiJet 351 Ltd.
|
Cayman Islands | |
CotaiJet 352 Ltd.
|
Cayman Islands | |
CotaiJet 353 Ltd.
|
Cayman Islands | |
CotaiJet Holdings (II) Limited
|
Hong Kong | |
Desarrollo
de Suelo en Europa, S.L.
|
Spain | |
Europe
Land Development Holdings C.V.
|
Netherlands | |
Europe Land Development Intermediate B.V.
|
Netherlands | |
GBF, LLC
|
Nevada | |
Grand Canal Shops Mall MM Subsidiary, Inc.
|
Nevada | |
Las Vegas Sands (UK) Limited
|
United Kingdom | |
Las Vegas Sands, LLC
|
Nevada | |
Lido Casino Resort Holding Company, LLC
|
Delaware | |
Lido Intermediate Holding Company, LLC
|
Delaware | |
LV Noodle Concept, LLC
|
Nevada | |
LVCUT Associates, LLC
|
Nevada | |
LVS (Nevada) International Holdings, Inc.
|
Nevada | |
LVS Dutch Finance C.V.
|
Netherlands | |
LVS Dutch Holding B.V.
|
Netherlands | |
LVS International (Indonesia) Limited
|
Cayman Islands | |
LVS International (Malaysia) Sdn. Bhd.
|
Malaysia | |
LVS International (Singapore) Pte. Ltd.
|
Singapore | |
LVS International (South Korea) Ltd.
|
South Korea | |
LVS International (Taiwan) Limited
|
Taiwan | |
LVS International (Thailand) Co., Ltd.
|
Thailand | |
LVS International Holding (Thailand) Co., Ltd.
|
Thailand | |
LVS International Japan Ltd.
|
Japan | |
LVS Management Services, LLC
|
Nevada | |
LVS Marketing (India) Private Limited
|
India | |
Mall Intermediate Holding Company, LLC
|
Delaware |
State or Other Jurisdiction of
Legal Name
Incorporation or Organization
Singapore
Singapore
Nevada
Nevada
Nevada
Nevada
Nevada
Pennsylvania
Pennsylvania
Pennsylvania
Cayman Islands
Cayman Islands
Cayman Islands
Nevada
Netherlands
Mauritius
Delaware
Nevada
Delaware
Delaware
Hon g Kong
PRC
PRC
Nevada
Macau
Macau
Hong Kong
Cayman Islands
Hong Kong
Cayman Islands
Macau
Hong Kong
Nevada
Macau
Cayman Islands
Macau
Delaware
Macau
Cayman Islands
Cayman Islands
Cayman Islands
Delaware
Nevada
Hong Kong
PRC
PRC
By: | /s/ Sheldon G. Adelson | |||
Name: | Sheldon G. Adelson | |||
Title: | Chief Executive Officer |
By: | /s/ Kenneth J. Kay | |||
Name: | Kenneth J. Kay | |||
Title: | Chief Financial Officer |
By: | /s/ Sheldon G. Adelson | |||
Name: | Sheldon G. Adelson | |||
Title: | Chief Executive Officer |
By: | /s/ Kenneth J. Kay | |||
Name: | Kenneth J. Kay | |||
Title: | Chief Financial Officer |