blue desert casino’s financial performance 2012 ceo: andrew dobson cfo’s: oscar fuerte, tina...

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BLUE DESERT CASINO’S FINANCIAL PERFORMANCE 2012 CEO: Andrew Dobson CFO’s: Oscar Fuerte, Tina Laws, Victoria Magana

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Page 1: BLUE DESERT CASINO’S FINANCIAL PERFORMANCE 2012 CEO: Andrew Dobson CFO’s: Oscar Fuerte, Tina Laws, Victoria Magana

BLUE

DESERT

CASINO’S

FINANCIAL PERFORMANCE 2012

CEO: Andrew DobsonCFO’s: Oscar Fuerte, Tina Laws, Victoria Magana

Page 2: BLUE DESERT CASINO’S FINANCIAL PERFORMANCE 2012 CEO: Andrew Dobson CFO’s: Oscar Fuerte, Tina Laws, Victoria Magana

PERFORMANCE OVERVIEW

• Company Background

• Financial Highlights

• Financial Statements

• Management Analysis

• Footnotes

Blue Desert Casino’s supplies products and services to people world-wide.

This presentation provides an overview of our financial performance.

Unless marked as Company Confidential, all information has been made public.

Page 3: BLUE DESERT CASINO’S FINANCIAL PERFORMANCE 2012 CEO: Andrew Dobson CFO’s: Oscar Fuerte, Tina Laws, Victoria Magana

The younger crowd mingling at “The Lord Casino

Royale”.

The adults gamblingat the

“The Crown Jewel Casino”.

The kids safeand entertained

at the “Fun Land

Casino”.

COMPANY BACKGROUD

Located in Las Vegas, Nevada

“Guarantees the highest quality entertainment in every level of interaction.”

Page 4: BLUE DESERT CASINO’S FINANCIAL PERFORMANCE 2012 CEO: Andrew Dobson CFO’s: Oscar Fuerte, Tina Laws, Victoria Magana

FINANCIAL HIGHLIGHTS(in millions)

Quarter 1

Quarter 2

Quarter 3

Quarter 4

8,000 13,000 18,000 23,000 28,000 33,000 38,000

Total Cash

Total Cash

Quarter 1 Quarter 2 Quarter 3 Quarter 4 -

6.00

12.00

18.00

24.00

30.00

36.00

EPS

EPS

Quarter 1 Quarter 2 Quarter 3 Quarter 4 -

5,000

10,000

15,000

20,000

25,000

Net Income

Net Income

Page 5: BLUE DESERT CASINO’S FINANCIAL PERFORMANCE 2012 CEO: Andrew Dobson CFO’s: Oscar Fuerte, Tina Laws, Victoria Magana

Account Quarter 1 Quarter 2 Quarter 3 Quarter 4Debit Credit Percentage Debit Credit Percentage Debit Credit Percentage Debit Credit Percentage

Revenues from OperationsRent Revenue 998 3,053 3,221 23,626 Gift Shop Revenue - 2,400 1,800 3,200 Utilities Revenue 56 32 32 466 Gambling Revenue 2,475 3,225 2,636 5,105

Total Revenues from Operations 3,529 100% 8,710 100% 7,689 100% 32,397 100%Expenses from Operations

Rent Expense 936 27% 3,156 36% 2,421 31% 8,897 27%Travel Expense 125 4% 150 2% 360 5% 340 1%Tax Expense 275 8% 550 6% - 0% 75 0%Miscellaneous Expense 65 2% 290 3% 100 1% 250 1%Legal Expense 0% 100 1% - 0% 50 0%Utilities Expense 0% 28 0% 48 1% 56 0%Supplies Expense 200 6% 260 3% 260 3% 260 1%Insurance Expense 180 5% 180 2% 180 2% 180 1%Depreciation Expense - Equip. 120 3% 120 1% 120 2% 120 0%Depreciation Expense - Bldg. 0% 23 0% 106 1% 140 0%Depreciation Expense - Solar 0% 20 0% 20 0% 40 0%Depreciation Expense - Train 0% 20 0% 40 1% 40 0%Bad Debt Expense 0% 120 1% 92 1% 192 1%COGS 0% 1,552 18% 1,320 17% 2,304 7%

Total Expenses from Operations 1,901 54% 6,569 75% 5,067 66% 12,944 40%Other Revenues and Expenses

Interest Revenue 36 1% 44 1% 48 1% 48 0%Gains 80 2% 440 5% 340 4% 0%Interest Expense 184 5% 184 2% 184 2% 184 1%Loss 120 3% 0% 0% 25 0%

Total Other Revenues and Expenses (188) -5% 300 3% 204 3% 136 0%

Total 2,205 3,645 6,753 9,194 5,251 8,077 13,153 32,445 Net Income 1,440 41% 2,441 28% 2,826 37% 19,292 60%

Blue Desert Casino'sIncome Statement (in millions)Year Ended December 31, 2012

Quarter 1 Quarter 2 Quarter 3 Quarter 4

Page 6: BLUE DESERT CASINO’S FINANCIAL PERFORMANCE 2012 CEO: Andrew Dobson CFO’s: Oscar Fuerte, Tina Laws, Victoria Magana

Beginning Balance 0 1,440 3,881 6,107 Net Income 1,440 2,441 2,826 19,292 Less Dividends Paid - 1,440 - 2,441 600 2,226 19,292 Ending Balance 1,440 3,881 6,107 25,399

Blue Desert Casino'sStatement of Retained Earnings (in millions)

Year Ended December 31, 2012Quarter 1 Quarter 2 Quarter 3 Quarter 4

-

5,000

10,000

15,000

20,000

25,000

30,000

Quarter 1 Quarter 2 Quarter 3 Quarter 4

Retained Earnings

RETAINED EARNINGS

Page 7: BLUE DESERT CASINO’S FINANCIAL PERFORMANCE 2012 CEO: Andrew Dobson CFO’s: Oscar Fuerte, Tina Laws, Victoria Magana

AccountDebit Credit Debit Credit Debit Credit Debit Credit

Assets - - - - Current Assets:

Cash 13,948 14,314 22,958 34,865 Accounts Receivable - 2,400 2,920 5,248 Allowance for Doubtful Accounts - 120 132 252 Supplies 600 820 760 660 Inventory - 504 504 300 Prepaid Insurance 900 720 540 360 Prepaid Rent 400 - 600 800

Total Current Assets 15,848 18,638 28,150 41,981 Non-Current Assets:

Equipment 5,600 5,600 5,600 5,600 Accumulated Depreciation - Equip. 120 240 360 480 Investment 3,636 4,280 4,724 4,772 Properties 3,460 4,770 6,310 8,560 Accumulated Depreciation - Bldg. - 23 129 272 Blue Star Express 200 300 300 400 Accumulated Depreciation - Train - 20 60 100 Solar Blue Electric Company 150 250 250 350 Accumulated Depreciation - Solar - 20 40 80 Blue Oasis Water Company 150 150 150 300

Total Non-Current Assets 13,076 15,047 16,745 19,050 Total Assets 28,924 33,685 44,895 61,031

LiabilitiesCurrent Liabilities:

Accounts Payable 5,600 7,336 6,736 7,796 Unearned Rent Revenue 500 900 1,700 1,100 Interest Payable 184 368 552 736 Dividends Payable - 600 -

Total Current Liabilities 6,284 8,604 9,588 9,632 Non-Current Liabilities:

Notes Payable 9,200 9,200 9,200 9,200 Total Non-Current Liabilities 9,200 9,200 9,200 9,200

Total Liabilities 15,484 17,804 18,788 18,832 Stockholder's Equity:

Contributed Capital 12,000 12,000 12,000 12,000 Perferred Stock 4,000 4,000 APIC - Perferred Stock 4,000 4,000 Treasury Stock - 3,200 Retained Earnings 1,440 3,881 6,107 25,399

Total Stockholder's Equity 13,440 15,881 26,107 42,199

Total Liabilities and Stockholder's Equity 28,924 33,685 44,895 61,031

Blue Desert Casino'sBalance Sheet (in millions)

December 31, 2012Quarter 1 Quarter 2 Quarter 3 Quarter 4

Page 8: BLUE DESERT CASINO’S FINANCIAL PERFORMANCE 2012 CEO: Andrew Dobson CFO’s: Oscar Fuerte, Tina Laws, Victoria Magana

FINANCIAL RATIO

ProfitabilityEPS 2.40$ 4.07$ 4.71$ 37.10$ ROE 11% 17% 13% 56%Profit Margin 0% 102% 157% 603%LiquidityCurrent Ratio 2.52 2.17 2.94 4.36 Quick Ratio 2.22 1.94 2.70 4.16 Receivables Turnover 0 1.05 0.71 0.82 Average Age of Receivables 0 86.45 128.11 110.68 Inventory Turnover 0 3.08 2.62 5.73 Average Days Supply in Inventory 0 29.55 34.75 15.88 SolvencyDebt-to-Equity 1.15 1.12 0.72 0.45

Blue Desert Casino'sFinancial Ratios

December 31, 2012Quarter 1 Quarter 2 Quarter 3 Quarter 4

Page 9: BLUE DESERT CASINO’S FINANCIAL PERFORMANCE 2012 CEO: Andrew Dobson CFO’s: Oscar Fuerte, Tina Laws, Victoria Magana

MANAGEMENT ANALYSIS

CEO: Andrew Dobson

AccountDebit Credit Debit Credit Debit Credit Debit Credit

Assets - - - - Current Assets:

Cash 13,948 14,314 22,958 34,865 Accounts Receivable - 2,400 2,920 5,248 Allowance for Doubtful Accounts - 120 132 252 Supplies 600 820 760 660 Inventory - 504 504 300 Prepaid Insurance 900 720 540 360 Prepaid Rent 400 - 600 800

Total Current Assets 15,848 18,638 28,150 41,981 Non-Current Assets:

Equipment 5,600 5,600 5,600 5,600 Accumulated Depreciation - Equip. 120 240 360 480 Investment 3,636 4,280 4,724 4,772 Properties 3,460 4,770 6,310 8,560 Accumulated Depreciation - Bldg. - 23 129 272 Blue Star Express 200 300 300 400 Accumulated Depreciation - Train - 20 60 100 Solar Blue Electric Company 150 250 250 350 Accumulated Depreciation - Solar - 20 40 80 Blue Oasis Water Company 150 150 150 300

Total Non-Current Assets 13,076 15,047 16,745 19,050 Total Assets 28,924 33,685 44,895 61,031

LiabilitiesCurrent Liabilities:

Accounts Payable 5,600 7,336 6,736 7,796 Unearned Rent Revenue 500 900 1,700 1,100 Interest Payable 184 368 552 736 Dividends Payable - 600 -

Total Current Liabilities 6,284 8,604 9,588 9,632 Non-Current Liabilities:

Notes Payable 9,200 9,200 9,200 9,200 Total Non-Current Liabilities 9,200 9,200 9,200 9,200

Total Liabilities 15,484 17,804 18,788 18,832 Stockholder's Equity:

Contributed Capital 12,000 12,000 12,000 12,000 Perferred Stock 4,000 4,000 APIC - Perferred Stock 4,000 4,000 Treasury Stock - 3,200 Retained Earnings 1,440 3,881 6,107 25,399

Total Stockholder's Equity 13,440 15,881 26,107 42,199

Total Liabilities and Stockholder's Equity 28,924 33,685 44,895 61,031

Blue Desert Casino'sBalance Sheet (in millions)

December 31, 2012Quarter 1 Quarter 2 Quarter 3 Quarter 4

Page 10: BLUE DESERT CASINO’S FINANCIAL PERFORMANCE 2012 CEO: Andrew Dobson CFO’s: Oscar Fuerte, Tina Laws, Victoria Magana

FOOTNOTES

• Depreciation

• Bad Debts

• Cost of Goods Sold

• Interest Payable

Page 11: BLUE DESERT CASINO’S FINANCIAL PERFORMANCE 2012 CEO: Andrew Dobson CFO’s: Oscar Fuerte, Tina Laws, Victoria Magana

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