AMC: Intercompany transactions between AMC, Wanda 'de minimis'
As previously disclosed on March 10, 2017, on Form 10-K, Wanda routinely reimburses AMC for general administrative and other expense in what are typically immaterial amounts incurred on behalf of Wanda. Total reimbursements of expenses received in the calendar years 2016, 2015 and 2014 respectively from Wanda were $461,000, $738,000 and $1,423,000. Total reimbursements of expenses from Wanda for the twelve-months ending December 31, 2017, are expected to be less than $600,000. Also previously disclosed in the 2016 10-K was Wanda's capital contribution of $10 million to AMC received during February 2017 for one-time payments to certain officer, directors, and other personnel for extraordinary services rendered in connection with merger and acquisition activity in 2016.