Carnival PLC, et al. – ‘10-Q’ for 5/31/06 – EX-18

On:  Friday, 6/30/06, at 10:46am ET   ·   For:  5/31/06   ·   Accession #:  1169232-6-2919   ·   File #s:  1-09610, 1-15136

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Quarterly Report   —   Form 10-Q
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-Q        Quarterly Report                                      26    138K 
16: 10-Q        Quarterly Report -- d68571_10-q                      PDF     80K 
 2: EX-12       Ratio of Earnings to Fixed Charges                     1      8K 
 3: EX-18       Preferability Letter                                   1     10K 
 4: EX-31.1     Certification per Sarbanes-Oxley Act (Section 302)     2±    11K 
 5: EX-31.2     Certification per Sarbanes-Oxley Act (Section 302)     2±    11K 
 6: EX-31.3     Certification per Sarbanes-Oxley Act (Section 302)     2±    11K 
 7: EX-31.4     Certification per Sarbanes-Oxley Act (Section 302)     2±    11K 
 8: EX-31.5     Certification per Sarbanes-Oxley Act (Section 302)     2±    11K 
 9: EX-31.6     Certification per Sarbanes-Oxley Act (Section 302)     2±    11K 
10: EX-32.1     Certification per Sarbanes-Oxley Act (Section 906)     1      8K 
11: EX-32.2     Certification per Sarbanes-Oxley Act (Section 906)     1      8K 
12: EX-32.3     Certification per Sarbanes-Oxley Act (Section 906)     1      8K 
13: EX-32.4     Certification per Sarbanes-Oxley Act (Section 906)     1      8K 
14: EX-32.5     Certification per Sarbanes-Oxley Act (Section 906)     1      8K 
15: EX-32.6     Certification per Sarbanes-Oxley Act (Section 906)     1      8K 

EX-18   —   Preferability Letter

                                                                      Exhibit 18

June 29, 2006                                                                   

Board of Directors                                                              

Carnival Corporation                    Carnival plc                            
3655 NW 87th Avenue                     Carnival House, 5 Gainsford Street      
Miami, FL 33178                         London SE1 2NE, United Kingdom          

Dear Directors:                                                                 

We are providing this letter to you for inclusion as an exhibit to your joint   
Quarterly Report on Form 10-Q ("Form 10-Q") filing pursuant to Item 601 of      
Regulation S-K.                                                                 

We have been provided a copy of Carnival Corporation & plc's Form 10-Q for the  
period ended May 31, 2006. Note 2 therein describes a change in accounting      
principle from recording dry-dock costs under the deferral method to the direct 
expense method. It should be understood that the preferability of one acceptable
method of accounting over another for the accounting for dry-dock costs has not 
been addressed in any authoritative accounting literature, and in expressing our
concurrence below we have relied on management's determination that this change 
in accounting principle is preferable. Based on our reading of management's     
stated reasons and justification for this change in accounting principle in the 
Form 10-Q, and our discussions with management as to their judgment about the   
relevant business planning factors relating to the change, we concur with       
management that such change represents, in Carnival Corporation & plc's         
circumstances, the adoption of a preferable accounting principle in conformity  
with Statement of Financial Accounting Standards No. 154, "Accounting Changes   
and Error Corrections".                                                         

We have not audited any financial statements of Carnival Corporation & plc as of
any date or for any period subsequent to November 30, 2005. Accordingly, our    
comments are subject to change upon completion of an audit of the financial     
statements covering the period of the accounting change.                        

Very truly yours,                                                               

/S/PricewaterhouseCoopers                                                       
PricewaterhouseCoopers LLP                                                      

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-Q’ Filing		Date		Other Filings
Filed on:		6/30/06
		6/29/06
For Period End:		5/31/06
		11/30/05		10-K
				List all Filings