Las Vegas Sands Corp. · NYSE:LVS
Las Vegas Sands — Q4 2003 Earnings Presentation
26 slides from Las Vegas Sands's earnings presentation, Feb 4, 2004
Slide 1: Venetian Las Vegas
Slide 2: Room Revenue — 4th Qtr
Room Revenue — 4th Qtr (In Millions) 807 $69.7 39.1% Increase over 2002 2002 2003
Slide 3: Total ADR — 4th Quarter
Total ADR — 4th Quarter 250 $199 $204 200-- 150-- 100+ 2002 2003
Slide 4: Total Room Occ % - 4th Quarter
Total Room Occ % - 4th Quarter 100% 95% + 90% + 85% + 80% + 2002 2003
Slide 5: Average ADR Comparison
Average ADR Comparison 2003 4th Qtr Venetian $199 Venezia 224 Total $204
Slide 6: Table Games Drop — 4th Qtr
Table Games Drop — 4th Qtr dn Millions) 2607 $225.2 200 5.5% 760 Decrease over 2002 2002 2003
Slide 7: Table Games Revenue — 4th Qtr
Table Games Revenue — 4th Qtr (In Millions) $63.6 39.3% Decrease over 2002 18.2% Hold 2002 2003
Slide 8: Slot Revenue — 4th Qtr
Slot Revenue — 4th Qtr dn Millions) 407 $33.9 28.4% Increase over 2002 2002 2003
Slide 9: Food & Beverage Revenue — 4th Qtr
257 Food & Beverage Revenue — 4th Qtr (In Millions) $19.6 26.5% Increase over 2002 2002 2003
Slide 10: Adjusted EBITDAR - 4th Qtr
Adjusted EBITDAR - 4th Qtr (In Millions) $63.4 8.7% Increase over 2002 2002 2003
Slide 11: Room Revenue — Full Year
Room Revenue — Full Year (In Millions) 3007 $251.4 250 21.6% 200 + Increase over 2002 150+ 2002 2003
Slide 12: Total ADR - Full Year
Total ADR - Full Year 225 S106 $204 200 175 150 125 100 2002 2003
Slide 13: Total Room Occ % - Full Year
Total Room Occ % - Full Year 100% 95% + 90% + 85% + 80% + 2002 2003
Slide 14: Table Games Drop — Full Year
Table Games Drop — Full Year (In Millions) 1,000 7 $867.3 900 800+ 700 + 44% Decrease 600+ over 2002 2002 2003
Slide 15: Table Games Revenue — Full Year
200-7 180 160+ 140+ 1205 100 Table Games Revenue — Full Year $185.3 2002 (in Millions) 6.0% Decrease over 2002 21.0% Hold 2003
Slide 16: Slot Revenue — Full Year
1507 125-4 100+ 75+ 50+ Slot Revenue — Full Year 2002 (In Millions) $119.8 18.3% Increase over 2002 6.3% Win 2003
Slide 17: Food & Beverage Revenue — Full Year
Food & Beverage Revenue — Full Year (In Millions) ae $82.9 17.9% Increase over 2002 2002 2003
Slide 18: Adjusted EBITDAR — Full Year
3005 2507 200-5 150-5 Adjusted EBITDAR — Full Year 2002 (In Millions) $259.2 20.5% Increase over 2002 2003
Slide 19: Room Revenue — January
Room Revenue — January (in millions) 2003 2004
Slide 20: Occupancy % — January
Occupancy %o — January 96.8% 96.7% 2003 2004
Slide 21: Total ADR — January
$250 $225 $200 $175 $150 Total ADR — January 2003 $242 2004
Slide 22: Table Games Revenue — January
Table Games Revenue — January (in millions) $40 $35 $30 $25 $20 $15 $10 $5 $0 2003 2004
Slide 23: Slot Revenue — January
Slot Revenue — January (in millions) $12 > $10 $2 $0 2003 2004
Slide 24: Food & Beverage Revenue — January
Food & Beverage Revenue — January (in millions) $14.1 $15 4 $10 $5 4 $O + 2003 2004
Slide 25: Group Sales Bookings
Group Sales Bookings Sales Bookings as of December 31, 2003 Variance 2003 for 2004 2002 for 2003 $ % Room Nights 458,000 379,000 79,000 20.8% Revenue $96,200,000 $79,000,000 $17,200,000 21.8%
Slide 26: Macao Gaming Revenue
Macao Gaming Revenue - (in mittions) 400 472.3% anes 427.7% +29.5% 2 +23.8% 300+ 250 200 150+ 100 50 2002 2003 2002 2003 2002 2003 2002 2003 2002 2003 ‘SEPTEMBER OCTOBER NOVEMBER DECEMBER TOTAL