Cineplex galaxy income fund 2006 first quarter
Download
1 / 33

Q1 2006 Investor Relations Presentation - PowerPoint Presentation - PowerPoint PPT Presentation


  • 540 Views
  • Updated On :

Cineplex Galaxy Income Fund 2006 First Quarter. Cineplex Entertainment Circuit. Cineplex Odeon. Famous Players. Galaxy Cinemas. Theatres: 51 Screens: 491. Theatres: 54 Screens: 573. Theatres: 24 Screens: 205. Famous Players Acquisition - Rationale.

Related searches for Q1 2006 Investor Relations Presentation - PowerPoint Presentation

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Q1 2006 Investor Relations Presentation - PowerPoint Presentation' - ryanadan


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
Cineplex galaxy income fund 2006 first quarter l.jpg
Cineplex Galaxy Income Fund 2006 First Quarter


Cineplex entertainment circuit l.jpg
Cineplex Entertainment Circuit

Cineplex Odeon

Famous Players

Galaxy Cinemas

Theatres: 51Screens: 491

Theatres: 54Screens: 573

Theatres: 24Screens: 205


Famous players acquisition rationale l.jpg
Famous Players Acquisition - Rationale

The leading film exhibitor in Canada

Accretive to distributable cash

Complementary operations will lead to cost savings

Opportunities to increase distributable cash through revenue growth

Increase advertising market share and other income

Addition of high quality theatres in metropolitan markets

Superior combined management


Box office market share l.jpg
Box Office Market Share

Combined After Divestiture

Cineplex Galaxy

Cineplex Galaxy32.1%

Cineplex Entertainment64.2%

Empire 13.6%

Other 6.9%

Other 9.8%

AMC 6.3%

AMC 6.3%

Empire 6.0%

Landmark 3.1%

Landmark 3.1%

Guzzo 3.0%

Guzzo 3.0%

Famous Players42.6%

Market Share of Canadian Box Office Revenues

Source: A.C. Nielsen EDI data


Six top tier brands l.jpg
Six Top-Tier Brands

Colossus3 theatres

Coliseum4 theatres

SilverCity22 theatres

Cineplex Odeon51 theatres

Galaxy24 theatres

Famous Players25 theatres


Slide6 l.jpg

Industry

overview


Consistent long term box office revenue growth l.jpg
Consistent Long-Term Box Office Revenue Growth

CAGR since 1965: 5.6%

Canadian Recessionary Periods

Canadian Box Office Revenue1965 - 2006


Industry box office l.jpg
Industry Box Office

2005 Q1 2006

Canadian Industry* -8.6% +2.0%

Cineplex Entertainment -6.1% +2.3%(same store)

* Source: Motion Picture Theatre Associations of Canada


Highest grossing films in 2005 l.jpg
Highest Grossing Films in 2005

Star Wars: Episode III$380 M

Harry Potter and Goblet of Fire$244 M

War of the Worlds$234 M

Wedding Crashers$209 M

Charlie and the Chocolate Factory$206 M


Upcoming films for 2006 l.jpg
Upcoming Films for 2006

CarsJune 2006

Casino RoyaleNovember 2006

ClickJune 2006

Superman ReturnsJune 2006

Pirates of the Caribbean 2July 2006

Charlottes WebDecember 2006

Happy FeetNovember 2006

The Santa Clause 3November 2006

X-Men

May 2006


Slide11 l.jpg

Company

overview


Increasing revenue per guest l.jpg
Increasing Revenue per Guest

$12.28

$12.33

$11.23

$10.84

$10.27

$9.83

Revenue per Guest


Significant other revenue contribution l.jpg
Significant Other Revenue Contribution

$62.5

$44.3

$22.8

$20.9

$17.4

$13.4

Other Revenues($ millions)

2005 excludes divestitures and includes FP for partial yearPro forma excludes divestitures


Synergies l.jpg
Synergies

Reducing overhead costs and adopting best practices

Consolidating two head offices

Staff reductions

Adopting best practices

Enhanced revenues

Operating savings

Media sales efficiencies and effectiveness

Creation of Cineplex Media

Improved purchasing and merchandising opportunities

Supplier contracts

Merchandising strategies

Concession management

Three Core Synergies:


Acquisition synergies l.jpg
Acquisition Synergies

Prospectus Q1 Current

Annualized Synergies: ($ millions)

General and Administrative $15 $15 $15

Media 5 5 9

Operations - 5 6

Total $20 $25 $30


Looking into the future l.jpg
Looking Into the Future

Leverage Over 60 Million Guests

MagazineIn-TheatreInteractive Media-WebLoyaltyNaming Rights



Growth l.jpg
Growth

Other income initiatives

Digital pre-show network

Cineplex Media

Alternative programming

Merchandising

Theatre openings


Digital pre show network rollout plan l.jpg
Digital Pre-Show Network Rollout Plan

Phase 1:

Phase 2:

April 1 LaunchToronto Extended Market Area- 21 Locations; 215 Screens

CompleteNationwide - Additional 800+ ScreensTOTAL 89 theatres & 1020 screens


Cineplex media l.jpg
Cineplex Media

Magazine publishing:

Famous Magazine, Famous Kids, Famous Quebec

In-theatre advertising:

Magazine, onscreen, posters, monitors, buildings, naming rights



Merchandising l.jpg
Merchandising

$3.72

$3.44

$3.04

$0.56

$0.39

$0.20

Concession Per Patron



New theatres for 2006 07 l.jpg
New Theatres for 2006/07

Brand Location Screens Opening

Galaxy Milton 8 June

Cineplex Odeon Brossard 16 June

Galaxy Saskatoon 12 July

Galaxy Brockville 6 July

Cineplex Odeon Oshawa 10 November

Galaxy Collingwood 7 December

SilverCity Burloak 12 2007

7 Theatres 71 Screens


Financial l.jpg
Financial

highlights


Annual total revenue l.jpg
Annual Total Revenue

1,275

1,269

775

740

$740.0

394

678

613

$490.3

$353.7

$330.0

$316.4

$250.2

$197.5

Screen Count

($ millions)

2005 excludes divestitures and includes FP for partial year


Annual attendance l.jpg
Annual Attendance

(millions)

2005 excludes divestitures and includes FP for partial year


Annual ebitda l.jpg
Annual EBITDA

EBITDA Margin

Adjusted EBITDA Margins – LTM March 2005:

CGX 20.2%

FP 9.0%

($ millions)

2005 EBITDA excludes divestitures and non-recurring/transaction related items and includes FP for partial year


Total revenue q1 2006 l.jpg
Total Revenue Q1 2006

+3.2%

($ millions)


Q1 2006 attendance l.jpg
Q1 2006 Attendance

+0.9%

(millions)


Q1 2006 adjusted ebitda l.jpg
Q1 2006 Adjusted EBITDA

+282%

Margin 15.4% 4.1% 11.2%

($ millions)


Credit facilities l.jpg
Credit Facilities

Development facility

Available - $60 million

Working capital facility

Available - $50 million

Term facility

Drawn - $235 million



ad