Whistler Blackcomb Holdings Inc. Files Fiscal 2013 Year End Audited Financial Statements

WHISTLER, BC, Dec. 20, 2013 /PRNewswire/ - Whistler Blackcomb Holdings Inc. (the "Corporation") (TSX: WB) announced today that it filed its audited consolidated financial statements, Management's Discussion and Analysis ("MD&A") and Annual Information Form ("AIF") for the year ended September 30, 2013.

The Corporation's financial statements, MD&A and AIF are available on SEDAR at www.sedar.com and on the Corporation's website at www.whistlerblackcombholdings.com.

In its December 11, 2013 press release, the Corporation reported Adjusted EBITDA, which is a non-GAAP measure, and provided a reconciliation of Adjusted EBITDA to earnings from operations, which was the most directly comparable financial measure available at that time.  In the MD&A which has now been filed, the Corporation has provided a more fulsome reconciliation of the same Adjusted EBITDA to the Corporation's net earnings.

ABOUT WHISTLER BLACKCOMB HOLDINGS INC.

Whistler Blackcomb Holdings Inc. owns a 75% interest in each of Whistler Mountain Resort Limited Partnership and Blackcomb Skiing Enterprises Limited Partnership, which, together, carry on the four season mountain resort business located in the Resort Municipality of Whistler, British Columbia.  Whistler Blackcomb, the official alpine skiing venue for the 2010 Olympic Winter Games, is situated in the Coast Mountains of British Columbia, 125 kilometres (78 miles) north of Vancouver, British Columbia. North America's largest four-season mountain resort, Whistler Mountain and Blackcomb Mountain are two side-by-side mountains, connected by the world record-breaking PEAK 2 PEAK Gondola, which combined offer over 200 marked runs, over 8,000 acres of terrain, 14 alpine bowls, three glaciers, receive on average over 1,180 centimetres (465 inches) of snow annually, and offer one of the longest ski seasons in North America. In the summer, Whistler Blackcomb offers a variety of activities, including hiking and biking trails, the Whistler Mountain Bike Park, and sightseeing on the PEAK 2 PEAK Gondola. Whistler Blackcomb Holdings Inc. is listed on the Toronto Stock Exchange under the symbol "WB".  Additional information is available on the Corporation's website at www.whistlerblackcombholdings.com or SEDAR at www.sedar.com.

SOURCE Whistler Blackcomb

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