2007 Annual Report - Ameristar Casinos, Inc.

Results of OperationsSelected Financial Measures by PropertyThe following table sets forth certain information concerning our consolidated cash flows and the results ofoperations of our operating properties:Years ended December 31,2007 2006 2005(Dollars in Thousands)Consolidated Cash Flow Information:Net cash provided by operating activities...................................... $ 202,746 $ 169,538 $ 197,459Net cash used in investing activities .............................................. $ (954,287) $ (237,681) $ (175,849)Net cash provided by (used in) financing activities ....................... $ 748,899 $ 63,138 $ (1,988)Net Revenues:Ameristar St. Charles..................................................................... $ 284,106 $ 284,841 $ 286,028Ameristar Kansas City................................................................... 249,716 252,991 247,586Ameristar Council Bluffs............................................................... 178,349 181,840 186,367Ameristar Vicksburg ..................................................................... 130,498 135,236 126,089Ameristar Black Hawk .................................................................. 91,050 76,692 51,349Jackpot Properties.......................................................................... 73,199 68,698 63,939Resorts East Chicago (1)................................................................ 73,605 — —Consolidated net revenues ............................................................. $ 1,080,523 $ 1,000,298 $ 961,358Operating Income (Loss):Ameristar St. Charles..................................................................... $ 64,743 $ 64,842 $ 63,268Ameristar Kansas City................................................................... 50,092 47,625 48,226Ameristar Council Bluffs............................................................... 49,692 50,950 56,452Ameristar Vicksburg ..................................................................... 40,586 43,630 38,812Ameristar Black Hawk .................................................................. 17,019 7,555 304Jackpot Properties.......................................................................... 13,926 12,812 10,851Resorts East Chicago (1)................................................................ 5,360 — —Corporate and other ....................................................................... (67,705) (55,898) (49,197)Consolidated operating income...................................................... $ 173,713 $ 171,516 $ 168,716Operating Income Margins:Ameristar St. Charles..................................................................... 22.8% 22.8% 22.1%Ameristar Kansas City................................................................... 20.1% 18.8% 19.5%Ameristar Council Bluffs............................................................... 27.9% 28.0% 30.3%Ameristar Vicksburg ..................................................................... 31.1% 32.3% 30.8%Ameristar Black Hawk .................................................................. 18.7% 9.9% 0.6%Jackpot Properties.......................................................................... 19.0% 18.6% 17.0%Resorts East Chicago (1)................................................................ 7.3% — —Consolidated operating income margin ......................................... 16.1% 17.1% 17.5%____________(1) We acquired Resorts East Chicago on September 18, 2007, and its operating results are included only from theacquisition date.42