Corporación Interamericana de Entretenimiento, S.A. de C.V. Fourth Quarter 2004

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Corporacin Interamericana de Entretenimiento, S.A. de C.V. Fourth Quarter 2004. As a precautionary note to investors, except for the historic information here provided, statements included in this document constitute forward-looking statements. Such statements assume risks and uncertainties, - PowerPoint PPT Presentation

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  • Corporacin Interamericana de Entretenimiento, S.A. de C.V.Fourth Quarter 2004

  • As a precautionary note to investors, except for the historic informationhere provided, statements included in this document constituteforward-looking statements. Such statements assume risks and uncertainties,including the economic conditions in Mexico and other countries where CIEoperates, as well as the fluctuation of the Mexican peso compared to theU.S. dollar.

    The use of registered trademarks or commercial trademarks within thisdocument are exclusively for illustrative purposes and are not meant toviolate the rights of the creators and/or intellectual property lawsapplicable in the countries in which CIE, its subsidiaries, and thosecompanies with which CIE maintains commercial or business relationships,operate.*

  • * Financial Results 4Q2004

    Operative Results 4Q2004 and Outlook for 2005Content

  • Events Concerts Musicals Other theatrical productions Others** Total

    Ticketmaster Tickets (thousands) Mexico South America Total

    Attendance (thousands of people) Events Amusement Parks Las Amricas Horse Racetrack

    Sports Books & Yaks Per capita Consumption (Ps.) Attendees (in thousands) Units in operation Pedestrian Overpasses Structures in operation Advertisements

    Cineminutos Movie Theaters Minutes (thousands)Operative Highlights20042003% Chg

    ** Familiy, Special, Cultural, and Sporting Events*

    1,0421,9751,3857035,105

    13.87.020.7

    7.17.60.6

    5886.931

    192714

    1,393150

    9421,8582,1642235,187

    13.26.319.5

    7.910.00.6

    5444.823

    132475

    1,342152

    10.6%6.3%(36.0%)217.9%(1.6%)

    4.5%11.1%6.2%

    (10.1%)(24.0%)N.A.

    8.1%43.8%34.8%

    45.5%50.3%

    3.8%(1.3%)

  • *20042003200120002002CAGR*Financial StatisticsNote: Figures are expressed in millions of Mexican pesos as of Dec 2004, unless otherwise specified. Figures may vary due to rounding.*Componded Annual Groth Rate7,787

    1,71022.0%

    4733.52x

    4,79210,22415,016

    5,1457,759

    7,2577,598

    0.71x7,034

    1,60922.9%

    3994.03x

    4,3459,86314,208

    4,9797,098

    7,1098,819

    0.70x6,552

    1,52623.3%

    3444.44x

    4,62310,09214,715

    4,5806,515

    8,2008,200

    0.56x5,815

    1,36523.5%

    3174.30x

    4,9258,72513,650

    3,8816,196

    7,4548,218

    0.52x4,826

    1,19624.8%

    2794.28x

    4,7827,08511,867

    3,4184,975

    6,8926,892

    0.50x12.7%

    9.4%

    14.8%

    0.2%9.6%6.1%

    10.8%11.7%

    1.4%2.3%

    % Chg10.7%

    6.3%

    18.6%

    10.3%3.7%5.7%

    3.3%9.3%

    2.1%(13.8%)

    Revenue

    EBITDAEBITDA Margin

    Interests paid, netEBITDA / Interests paid, net

    Current AssetsL.T. Assets & Other AssetsTotal Assets

    DebtTotal Liabilities

    StockholdersEquityStockholdersEquity, proforma

    Debt / StockholdersEquity

  • *Revenue by DivisionQuarterly Revenue

    Entertainment Commercial Services Total4Q044Q03%%20042003

    1,674275208

    2,157

    78%13%10%

    100%

    1,580242190

    2,013

    79%12%9%

    100%

    5,9841,011792

    7,787

    77%13%10%

    100%

    5,390921722

    7,034

    77%13%10%

    100%+6%+13%+9%+11%+10%+10%Quarterly Revenue: +7%Annual Revenue: +11%Annual Revenue

    Entertainment Commercial Services TotalNote: Figures are expressed in millions of Mexican pesos as of Dec 2004, unless otherwise specified. * Figures may vary due to rounding.%%

  • *EBITDAQuarterly EBITDA

    Annual EBITDA20042003% Chg453

    1,710452

    1,609N.A.

    6%Note: Figures are expressed in millions of Mexican pesos as of Dec 2004 unless otherwise specified. * Figures may vary due to rounding.

  • As of Dec 2004, the Groups debt was Ps.5,145 millon, 25% of which is short-term and the remaining debt is long-term.Cost-Bearing DebtPro forma Debt Amortization CalendarBank Loans NotesUDI 2007High YieldNew UDI Bond05001,0001,5002,0002,5003,00020052006200720082009201020112012201320142015HY UDI BondNewUDI Bond(10 year) High Yield(7 year)High Yield(10 year)Millone of Mexican pesos *

  • Other Extraordinary items Other net extraordinary items were Ps. 341 million in 2004

    These items were the result of:Expenditures related to the closure of theater operations in the Spanish market that did not require the use of cash Reserves in the Groups Accounts Receivables (approximately 3% of AR)

    Charges related to the reorganization of rotating advertising sales in Mexican soccer stadiums from 2Q05 through 4Q05.*

  • * Financial Results 4Q2004

    Operative Results 4Q2004 and Outlook 2005 2005Content

  • CIE Entertainment* 51% partnership with As Deporte: NASCAR,Telcel Motorola Mxico 200 sponsored by Banamex, March 5-6th 2005 Joseph and the Technicolor Dreamcoat and Fidler on the Roof performances continue; Little Orphan Annie opened in 4Q04 A leading organizer and promotor of 29 public and private annual sporting events in Mexico - Off-track Racing- Triathlons - Swimming- Mountain Biking - Extreme Sports Incorporation of key sports sponsors: - Banamex- Televisa - Grupo Imagen- Mexicana - Deportes Mart- Telmex - TV Azteca- Sport City - Fonatur- Grupo Andersons - Others Cirque du Soleil will be on tour from 3Q-4Q05 in Mexico City, Guadalajara and Monterrey The Monterrey Fair will be added to the Groups popular fair portfolio

  • *Upcoming Events Schedule Belinda Miguel Bos Juanes Finding Nemo (Disney on Ice) Arjona Vicente and Alejandro Fernndez Marco Antonio Sols Ricardo Montaner Franco de Vita Duran Duran James Brown Simple Plan Buena Vista Social Club Santana Pink Floyd Laser Light Show Lenny Kravitz Eminem Ramstein Phil Collins Neil Diamond Coldplay Bob the Builder Espaa Baila Flamenco Waterwall Robert Gallup Joseph and the Technicolor Dreamcoat Fidler on the Roof Defending the Caveman Little Orphan Annie Texcoco Fair, Mexico City & Monterrey Theme Fairs

    Brilho Stillos Araketu Angra Forte Real Joao Bosco All Stars 80 Pedro Mariano Vanessa da Mata Nando Reis Engenheiros do Hawaii Fernanda Porto Maria Bethania Symantec Saxon Catedral Elba Ramalho Roupa Nova Grave Digger Ivan Lins Black Moores Palabra Cantada Emmerson Nogueira Toy Lima Maria Rita Chiclete com Banana Edson & Hudson Placebo Skank Ana Carolina Xuxa Roberto Carlos Zeca Pagodinho Bruno e Marrone Fabio Junior Charlie Brown Jr. Felipe Dylon Anthrax Guanabara Miss Saigon Aladin Camel Genuine Sound Southfest Creamfields

  • CIE Amusement Parks Wannado Entertainment: Increasing attendance at Wannado Miami: from 19,000 in August to 42,000 in December

    Changes in Management: Ren Aziz as head of WE Fine-tunning of costs and expenditures in order to sustain profitability Awareness: Strategic restructuring of prices, sponsorships, marketing, PR and operations Valle Fantstico: Dec 04: inauguration of the park in Puebla with a local partner and attractions of the Divertido Pack *18,93524,91641,21736,74041,62215,00020,00025,00030,00035,00040,00045,000AugustSeptemberOctoberNovemberDecemberAttendance

  • CIE Las Amricas Books/ Yaks: Calle de Entretenimiento: Opening of units in Hermosillo and Ciudad Neza for a total of 31 units in 2004 vs. 23 in 2003; 40 units are scheduled to be operating in 2005 and 45 units in 2006 Upcoming inaugurations in 2005: Morelia (already opened), Cuautitln Izcalli, Puebla, Tampico, Monterrey and Reynosa, among others Reduction of the track at the Horse Racetrack This will not affect the racing schedule Estimated time to complete the track reduction: 4 months*

  • CIE International Spain: Brazil: The Phantom of the Opera (Apr.05), and the return of Mademoiselle Chanel (Feb.05) as well as La Flor de mi Buen Querer (Jul.05) * CIE and Stage Holding realigned their geographic objectives and concluded their partnership in the Spanish theatrical market: - Upcoming expiration of venue rights for theaters in Madrid and theatrical rights

    - Growing level of competition in theatrical promotion, including a price and sponsorship war

    - Increasing costs to acquire international content rights

    - CIE: Free Cash Flow Generation

  • CIE Commercial* Advertisements on pedestrian overpasses: Digital advertising, inside and outside of airports: Begin expanding towards Puebla Renovation of existing, long-term municipal concessions (10 years) The installation of digital panels in airports operated by Grupo Aeroportuario Centro Norte, based on the following plan: - Acapulco, Ixtapa and Monterrey (3Q04) - Chihuahua, Ciudad Jurez and Torren (4Q04) - Culiacn, Mazatln and Tampico (1Q05) - Zacatecas, Durango, S.L.P. and Reynosa (2Q05) Proposals to other airport operators for this type of product

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