Amc Entertainment Holdings, Inc. · NYSE:AMC
Amc Entertainment — Investor Presentation (March 2006)
19 slides from Amc Entertainment's investor presentation, Mar 28, 2006
Slide 1: Company Overview
Company Ove m Market leader Interests in 415 theatres (363 owned), 5,672 screens (5,112 owned) as of 12/29/05 29 states and D.C. and 11 countries outside the U.S. $24 billion Pro Forma Revenues and $424 million Pro Forma Adjusted EBITDA from wholly ‘owned operations as of 12/29/05 + $84 million of i
Slide 2: Industry Leadership and Innovation
fel fnnovation MovieNachos dustry leade Entertainment Branded Candy Loews Founded MEGAPLEX THEATRE
Slide 3: Industry Leading Asset Quality
line) ASSat Quality ‘Screens per Theatre $500 Box Office Revenues per Screen 18 109 Ey gout ev 3 a ANCLCE Regal Cinemark industry AMCLCE — Regal Cinemark stry rod heatre Level Cash Flow per Screen (Adj. EBITDA+GA) Top 60 US. and Canada Theatres, $95, $02 $78 52% AMCILCE ‘Chemark Source: Public Hipag
Slide 4: cease a ah ai Soa
cease a ah ai Soa ral gee We DS a Se fe Weciknost —_Fenonen acon Ansitce Sled = ZO Columbia deavoh Gore ea smointh aes Dates /Fon Wont eT antin he Pain Boch P._.. Cenre a a, Oe DEAS covered == 2339.
Slide 5: Theatres by country
Canada Mexico ‘South America (a) ‘Argentina Brazil Chile Uruguay Asia Hong Keng Europe France Portugal Spain Spain (a) United Kingdom Total n
Slide 6: Strategic Plan
Strategic Plan sie = Maximize operating efficiencies * $52 million of synergies expected to be realized within first 18 months post closing = Optimize the theatre portfolio * New builds/dispositions * Acquisitions = Grow ancillary revenues
Slide 7: Adj. EBITDA Margin and Adj. EBITDAR Margin
[@ Adj. EBITDA Margin {jj Adj. EBITDAR Margin 40.0' | | 7 F'03 F’04 F’05 LTM 9/05 LTM 12/05 (a) AMC AMC AMC AMC AMC/LCE (6) Pro forma for full synergies of $52 milion
Slide 8: Screens per theatre; new builds and closures
13.7 14.0 14.3 414.5 44.7 Screens per theatre New Builds I ClosuresiDispositions
Slide 9: Successful Acquisitions
Successful At $in millions Close Date Theatres Screens Gulf States 3/15/02 5 68 General Cinema 3/29/02 66 621 Megastar 42/18/03 3 48 Loews 1/26/06 178 2,055,
Slide 10: Ancillary revenues
F'99 L™ 12/29/05 ote: Ancillay revenues are defined as other theatre revenues plus NCN EBITDA.
Slide 11: Slide 11
Slide 12: Attractive Industry Dynamics
Attractive Indust yaDyialiics Moviegoing Popularity Movie Price Value ‘erage § prt
Slide 13: Average Ticket Price and Attendance
‘Average Tickot Pica . fea — $59 25 ds J Be, i 2000 2001 2002 2003 2008 2005 2006E 2000 20012002 20032004 2005 2006E ‘Attendance (billions) Scroons and Theatres 20 SECA Bisco there em 1 e540 5500 54599 25.00 500% 109 gad oon, 353 0% a0 140 Z bona
Slide 14: Seven distinct cycles since 1970
+ Seven distinct cycles since 1970 + Peaks to troughs have lasted from one to two years * Troughs to peaks have averaged three years with growth of 17% (7.6% annually) + Peak to peak growth has averaged 9% CAA ESP LLL EL EL LS PLP LL LEE LS SF iF Red=Trendline for peaks Green= Trend line for troughs
Slide 15: Correlation
orrslation [i Rotten Tomato Quality Ratings". —— U.S. and Canada Attendance (billions) 70 3.0 2001 2002 = 2003 2004-2005
Slide 16: Slide 16
Slide 17: Operating Statement Information
y Operaungstatenien tn Fiscal year ends in March AMC (a) AMC/LCE LTM. F Fos _F°05 42128105 PF (6) Total Revenues $4794 $4,722. $4,747 $2,405 Adjusted EBITDAR, 518 49878 850 margin 298% 31.9% 33.1% 35.4% Rent 266 299 __316 426 Adjusted EBITDA $22 $250 $262 $424 margin 134% 14.5% 15.0% 78% ‘Openingicl
Slide 18: Pro Forma Capitalization
Capi Pro) Formal teilizition Pro Forma AMC Le Combined ( $137 $15 $268 Senior Secured Debt (a) 0 srr $756 CLO’s and Other 36 0 7 Sr Secured nc er a Sr Unsecured Notes 455 0 45 Total Sr Debt a 8 aaa Senior Sub Debt 68 319 1913 Total OpCo Debt sr rr il Sr Discount Notes 199 0 199 Total Debt Tae ere 2
Slide 19: Searchable text section of graphics
Searchable text section of graphics shown above Co mpany Overview • Market leader • Interests in 415 theatres (363 owned), 5,672 screens (5,112 owned) as of 12/29/05 • 29 states and D.C. and 11 countries outside the U.S. • $2.4 billion Pro Forma Revenues and $424 million Pro Forma Adjusted EBITDA fr
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