Peter catches the dropped bomb and tosses it in the sea after Hook slides down the plank (which is shaped like a slide) with the crocodile chasing behind him. As Peter puts his fingers in his ears, the bomb explodes and Hook is either blown to smithereens or is eaten by the crocodile.
Peter catches the dropped bomb and throws it into the sea as Hook slides down a plank (which looks like a slide) with the crocodile following. When Peter puts his fingers in his ears, the bomb explodes, either sending Hook flying apart or causing him to be devoured by the crocodile.