Slide 1: The Future is Now. Investor and Analyst Presentation, January 2011
The Future is Now. Investor and Analyst Presentation, January 2011. 1
Slide 2: Disclaimer
Disclaimer Content and liability disclaimer The information contained in this presentation or enclosed herewith is provided and intended for informational purposes only and should not be relied on for any investment decisions. The information provided in the presentation includes assumptions and fin
Slide 3: Q4 & FY 2010 trading update summary
Q4 & FY 2010 trading update summary FY 2010 retail sales amounted to 102.3 billion RUB (86.7 billion RUB without VAT), demonstrating a 23% increase vs. FY 2009 while LfL sales grew by 9%. Q4 sales increased 36% y-o-y while LfL sales grew by 18% Sustained net cash position of more than 6 billion R
Slide 4: FY 2010: extensive geographic coverage
FY 2010: extensive geographic coverage Store count as of December 31, 2010 Total: 219 stores, 86 cities of Russia. Yekaterinburg St. Petersburg 17 6 N. Novgorod Wide presence in all major Russian cities Rostov 5 Moscow 5 49 Novosibirsk 42 new stores (net), 97,000 sq.m added in FY 2010 5 Kazan Oth
Slide 5: FY 2010 retail and LfL sales quarterly
FY 2010 retail and LfL sales quarterly 36.8% 36% 22% 20.6% 18% 11% 1% (2.7%) (11%) (13.4%) Q4 09 Q1 2010 Q2 2010 Q3 2010 Q4 2010 Retail Sales Like-for-like Sales All information presented on this slide is subject to the disclaimer note on page 2 Source: Company data 5
Slide 6: FY 2010 LfL performance analysis
FY 2010 LfL performance analysis FY 2010 – FY 2009 LfL dynamics, % FY 2010 – FY 2008 LfL revenue per store 35% FY 2008 FY 2009 FY 2010 742 736 22.7% 634 656 597 RUB million, with VAT 565 542 545 554 485 507 12% 454 10% 8.6% 7.5% 9% 343 345 364 4.6%3.5% 3.0% 2.8% 1.5% 0.7% ‐1.1% ‐2% Moscow St. Peters
Slide 7: 2009 – 2010 net debt/cash dynamics
2009 – 2010 net debt/cash dynamics Net cash Net debt 6.4 > 6* In Russian rubles, billions 0.3 (2,5 ) 30 June 2009 31 Dec 2009 30 June 2010 31 Dec 2010 * 2010 year end position: after dividend and share buyback All information presented on this slide is subject to the disclaimer note on page 2 Source
Slide 8: Key historical development stages
Key historical development stages Stores roll-out history % 47 R: 219 C AG 177 157 % R: 40.2 CAG 122 85 CAGR: 13.5% 58 42 29 15 22 4 7 8 10 11 10 11 1 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 1993 – 1995 1996 – 2001 2002 – 2005 2006 - present Launch A
Slide 9: High standards of corporate governance
High standards of corporate governance Chairman of the Board Board concept in place for 7 years; formal Board of Directors introduced in 2006 Peter Gyoerffy Board comprises 9 people, including 5 Independent Directors Independent Chairman Independent Director Audit Committee chaired by Indepe
Slide 10: Contacts OJSC Company M.video
Contacts OJSC “Company “M.video” Nizhnaya Krasnoselskaya Str., 40/12 Moscow 107066 Russia Tel: +7 495 644 28 48, ext. 7064 E-mail: ir@mvideo.ru Official web-site: www.mvideo.ru Official ticker: MVID RU Exchange: RTS and MICEX For investor relations purposes, please contact: Christopher Parks Denis D