Index1. Income Statement

2. Accounting Package

3. Reports on a monthly basis

4. Reports on a quarterly basis

5. Finance Package

6. Accounting Package CTS

7. Reports CTS

8. FACE Finance Film Speeds

9. Burbank Basics

10. Savings with the new tax plan

INCOME STATEMENT FY03 - (LC Reais - Thousands)

REVENUE 49.892 100% DI STRI BUTI ON EXPENSES Advertising/Publicity (14.840) 30% Prints (11.685) 23% Other Distribution Expense (5.976) 12% Burbank/Region Basics Rebill (4.739) 9% - Total Distribution Expense (37.240) 75% DEPARTMENT EXPENSE Labour (1.479) 3% Other Department Expense (521) 1% Facilities & Services (347) 1% - Total Department Expense (2.347) 5% NET CONTRI BUTI ON 10.305 20% REMI TTANCES 7.197

Accounting Package

The BVI accounting package comprises the following reports:

  

Extracted from FACE 1. FASB 53 2. Balance Sheet  3. Income Statement 4. Overhead (MTD and YTD)5. Net Contribution by Title (MTD, YTD and

ITD)

Reports manually prepared on a monthly basis

1. A/R by title2. A/R listed by exhibitor and aging*3. A/R over 90 days over U$25K*4. A/R New (Aging list by exhibitor and explanations for

aged over 61 days)*5. A/R Barrs (Aging list by exhibitor and breakout of

upcoming values and aged over 181 days)**(These four templates could be consolidated)

6. Prepaid Expenses7. Parent Company Share (Prior month, monthly activity

and actual balance)*8. Intercompany ( Parent Company Share activity and

Burbank Basics balance)**(These two templates could be consolidated)

9. Non operating Revenue / Expense breakout

Reports manually prepared on a quarterly basis

1. Fixed Assets (YTD activity and purchase details)*

2. Fixed Assets (quarter activity and purchase details)*

*(These two templates could be consolidated)

1. Other Taxes Payable2. Bank Template (only cash amount)

FINANCE PACKAGE

1. Revision and inclusion of the estimates for revenue and costs

2. Revision and inclusion of release dates3. Revision and inclusion of Overhead Forecast4. Inclusion of new IMDs5. Inclusion of Ad Pub budget approved6. Inclusion of Burbank Basics estimates7. Inclusion of dollar rates8. Comparative template by total amounts for the prior

forecast, actual forecast and the budget. This comparison is made for the month, the quarter and the year.

9. Explanations of variations between actual forecast, prior forecast and the budget BY TITLE.

ACCOUNTING PACKAGE CTS

Extracted from J.D. Edwards

1. J 3 / 4 – Revenue & Costs report2. Balance Sheet – Automatically

transferred to Home Office through J.D.E

3. J 5 – Intercompany memo through SWIGS on Lotus Notes

Reports manually prepared on a monthly basis

1. A/R by exhibitor2. Overhead & Travel template3. Balance Reconciliations (Revenue, Costs,

PCS, Intercompany, PCS aging rollforward, Investments)

Reports manually prepared on a quartely basis

1. Balance sheet review (Balance Sheet, Cash, Receivables, Intercompany, Depreciation, Fixed Assets, Prepaid expenses)

FACE FINANCE FILM SPEEDS

•Please see printed material.

BURBANK BASICSIn Local Currency (Reais) – In thousands.

FY 03 Budget – 3.857 KFY 03 Actuals – 4.713 KVariation – 856 KFY 04 Budget – 3.522 KFY 04 Forecast (Estimates by R.O.) – 4.832 KVariation – 1.310 K**(This variation is cause by a system issue that brings Brought Forward amounts in the Budget and not on our Forecast)

Savings with the new PCS plan

•The implementation of the new Franchise Agreement in April 2003, wich changed the Parent Company Share from 60% of the Gross Revenues to 85% of the Net Income Before Taxes, provided savings of 1.968 K in FY 03.