Slide 1: Q4 and FY 2011 Results and Outlook
Q4 and FY 2011 Results and Outlook. Investor and Analyst Presentation, January 2012. 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 2011 trading update summary
Q4 & FY 2011 trading update summary FY 2011 retail sales amounted to 132 billion RUB (112 billion RUB without VAT), demonstrating a 30% increase vs. FY 2010 while LfL sales grew by 10%. Q4 sales increased 28% y-o-y while LfL sales grew by 14% Reached net cash position of more than 13 billion RUB
Slide 4: FY 2011: extensive geographic coverage
FY 2011: extensive geographic coverage Store count as of December 31, 2011 Total: 261 stores, 115 cities of Russia. Yekaterinburg 6 N. Novgorod 6 Wide presence in all major Russian cities St. Petersburg Rostov Moscow 15 49 5 Novosibirsk 42 new stores (net), 86,000 sq.m added in FY 2011 5 Other 16
Slide 5: FY 2011 and quarterly Retail/LfL sales
FY 2011 and quarterly Retail/LfL sales 36% 34.5% 33% 28% 24% 18% 14% 12% 11% 3.6% Q4 2010 Q1 2011 Q2 2011 Q3 2011 Q4 2011 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 2011 LfL performance analysis
FY 2011 LfL performance analysis FY 2011 – FY 2010 LfL dynamics, % FY 2011 – FY 2010 LfL revenue per store Number of transactions Average transaction amount Sales FY 2010 FY 2011 90.3% 1,402 77.4% RUB million, with VAT 695 737 634 597 531 576 543 8.5% 9.6% 7.1% 11.4% 8.3% 7.3% 7.1% 10.1% 351 391 1.0
Slide 7: Q4 2011 LfL performance analysis
Q4 2011 LfL performance analysis Q4 2011 – Q4 2010 LfL dynamics, % Q4 2011 – Q4 2010 LfL revenue per store Number of transactions Average transaction amount Sales Q4 2010 Q4 2011 526 102,4% RUB million, with VAT 60.6% 260 233 202 199 26% 171 190 175 15.4% 14.1% 119 135 10.5% 9.8% 10.8% 13.7% 4.5% 5.
Slide 8: 2009 – 2011 net debt/cash dynamics
2009 – 2011 net debt/cash dynamics Net cash Net debt In Russian rubles, billions 13 6.4 7.2 1.6 0.3 -2.5 30 June 2009 31 Dec 2009 30 June 2010 31 Dec 2010 30 June 2011 31 Dec 2011 All information presented on this slide is subject to the disclaimer note on page 2 Source: Company data 8
Slide 9: Contacts
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: invest.mvideo.ru Official ticker: MVID RU Exchange: RTS and MICEX For investor relations purposes, please contact: Christopher Parks Deni