Presentaci

1
Corporación Interamericana de Entretenimiento,
S.A. de C.V. 3Q2005
2
  As a precautionary note to investors, except
for the historic information here provided,
statements included in this document
constitute forward-looking statements. Such
statements assume risks and uncertainties, includi
ng the economic conditions in Mexico and other
countries where CIE operates, as well as the
fluctuation of the Mexican peso compared to
the U.S. dollar. The use of registered
trademarks or commercial trademarks within
this document are exclusively for illustrative
purposes and are not meant to violate the rights
of the creators and/or intellectual property
laws applicable in the countries in which CIE,
its subsidiaries, and those companies with which
CIE maintains commercial or business
relationships, operate.
3
Key Financial Indicators
Pro forma
3Q05
3Q04
Chg
9M04
9M05
3Q05
Chg
Chg
Revenue EBITDA EBITDA Margin Interests paid,
net EBITDA / Interests paid, net Cash Current
Assets L.T. Assets Other Assets Total
Assets Debt Total Liabilities StockholdersEquit
y Debt / Stockholders Equity
1,999 439 22.0 119 3.7x 624 4,982 10,680 15,
662 5,216 7,964 7,698 0.7x
5,727 1,279 22.3 339 3.8x
2,204 486 22.1 166 2.9x 2,799 7,548 10,528 1
8,076 7,496 10,530 7,546 1.0x
10 11 9 pb 40 (0.8x) 349 52 (1)
15 44 32 (2) 0.3x
6,273 1,378 22.0 495 2.8x
10 8 (36 pb) 46 (1.0x)
641 5,390 9,887 15,918 5,584 8,618 7,3
00 0.7x
3 8 (7) 2 7 8 (5) N.A.
Nota All of the figures in this section are
expressed in millions of Mexican pesos as of
September 2005 except for the financial ratios
and percent changes. Figures financial ratios and
the percent changes may vary due to rounding.
Pro forma debt restructuring
4
CIE Entertainment

• Cirque du Soleil Saltimbanco

• Aug 4 Sep 11 51 presentations in Monterrey
  98,000 attendees
• Sep 22 Nov 13 69 presentations in Mexico
  176,000 attendees (estimate)
• Nov 24 Dec 25 42 presentations in
  Guadalajara 107 attendees (estimate)

• Gran Premio de Mexico 2005, Nov 4-6th

5
Upcoming Events Schedule

• Rio Summer Nights
• Marjorie Estanio
• Bruno Marrone
• The Wailers
• Omega
• Lulu Santos
• Take 6
• Toquinho
• Unimed Rio
• Tony Bennett
• Cremerj
• Roupa Nova
• Souza Marques
• Robert Eliff
• Deep Purple
• Danni Carlos
• Stillus
• Alexandre Pires
• Jorge Vercilo

• Rolling Stones
• Def Leppard
• Eagles
• Deep Purple
• Pearl Jam
• Queensryche
• Scorpions
• Eagles
• Good Charlotte
• Live n Louder
• Bunbury
• Rammstein
• Franco de Vita
• Moderatto
• Jarabe de Palo
• Rebelde
• Kumbia Kings
• Benny Ibarra
• Ricky Martin

• Pepsi Music
• Mancha de Rolando
• Kapanga
• Soledad
• Pearl Jam
• Juanes
• Dream Theater
• Carajo
• Vela Puerca
• Almafuerte
• Otro yo
• Cabezones
• Masacre
• Cuerpos Pintados
• Creamfields
• SAMC

6
CIE Entertainment
EBITDA
REVENUE
Revenue 3Q05
1
(22)
35
2
EBITDA 3Q05
9.5
7.2
9.9
7.7
EBITDA MargIn
OPERATING CASH FLOW
(27)
3Q05
3Q04
Chg
9M04
9M05
Chg
of presentations Concerts Theater Other Total
Attendance Total (millions) Ticketmaster Ticke
ts (millions)
112 434 188 734 0.9 3.5
115 450 282 847 1.2 4.2
3 4 50 15 28 20
379 1,450 524 2,353 2.9 10.2
352 1,328 593 2,273 3.3 11.7
(7) (8) 13 (3) 13 15
(5)
Ps.6
Ps.9
Ps.35
Ps.34
Capex
Note EBITDA - Capex
7
CIE International

• Cirque du Soleil

• Multi-region / Multi-Annual Contract
• -Argentina, Brazil and Chile

• Brazil

• Increased the participation of our partner F.
  Alterio from 9 to 12
• Increase in the number of local events and
  regional tours in the country
• Continue presenting medium-scale theatrical
  productions staging of Phantom of the Opera

• Argentina

• Signed a letter of intent to acquire the promotor
  Roberto Costa
• Extend the Radio licensing concessions for 10
  more years
• Gradually increase revenue from live events and
  the Buenos Aires Zoo due to improvements in the
  Argentine economy

8
CIE International
EBITDA
REVENUE
Revenue 3Q05
(16)
(11)
(12)
(13)
EBITDA 3T05
19.4
19.1
18.1
19.0
EBITDA Margin
OPERATIVE CASH FLOW
(6)
3Q05
3Q04
Chg
9M04
9M05
Chg
Argentina of presentations Attendance
(thousands) Tickets TM (thousands) Visitors
Zoo Brazil of presentations Attendance
(thousands) Tickets TM (thousands) Spain of
presentations Attendance (thousands)
91 164 788 355 237 302 565 141 66
45 111 785 336 232 423 596 N.A. N.A.
213 509 1,966 824 510 828 2,430 701 539
114 247 1,814 804 490 884 1,795 N.A. N.A.
(51) (32) N.A. (5) (2) 40 5 N.A. N.A.
(46) (51) (8) (2) (4) 7 (26) N.A. N.A
.
(15)
Ps.4
Ps.5
Ps.27
Ps.15
Capex
Note CIE discontinued its spanish theatric
operations in 4Q04
Note EBITDA - Capex
9
CIE Amusement Parks

• Wannado Miami evolution of attendance and per
  capita (Aug 04 Oct 05E)

• Sep 05 Oct 05E
• Due to weather
• Reduction in MKT expenses

10
CIE Amusement Parks

• Wannado Entertainment

• New pavillion Coca-Cola bottling plant
• New Sponsor Motorola
• Increase in monthly attendance from 18,000 in
  August 2004 to 40,000 in June 2005

• Other issues related to Wannado

• Analysis of potential espansion of Wannado to
  other cities in the US, namely New York
• Expand the strategy of offering sponsorship
  packages to Mexican clients (p.e. Mexicana de
  Aviacion)

11
CIE Amusement Parks
EBITDA
REVENUE
Revenue 3Q05
23
6
898
7
EBITDA 3Q05
1.6
14.5
10.8
9.3
EBITDA MargIn
OPERATING CASH FLOW
(188)
(106)
20
13
3Q05
3Q04
9M04
9M05
Chg
Chg
3Q04
3Q05
9M04
9M05
Visitors (thousands) Mexico Colombia Wannado Tota
l Per Capita (Ps.) Mexico Colombia
Wannado Total
1,555 495 44 2,094 63.89 41.14 278.96 63.43
1,121 250 100 1,471 86.72 67.06 308.11 98.37
(28) (49) 127 (30) 36 63 11 55
(38) (31) 680 (32) 24 55 2 51
-23
5,099 963 44 6,106 66.87 44.28 278.96 64.65
3,168 666 343 4,176 83.31 68.42 284.39 97.44
-205
Ps.25
Ps.3
Ps.246
Ps.31
Capex
Note EBITDA - Capex
12
CIE Commercial

• Cineminutos

• The number of screens has grown 11, to 1,542
  screens compared to 1,384 in 2004
• New promotional and informational formats through
  the use of new interactive strategies that are
  attractive and effective to clients

• Digital Advertising in Airports

• Continue installing digital panels in airports
  operated by Grupo Aeroportuario Centro Norte as
  scheduled

13
CIE Commercial
EBITDA
REVENUE
Revenue 3Q05
28
35
(4)
(3)
EBITDA 3Q05
27.6
27.9
29.4
31.1
EBITDA MargIn
OPERATING CASH FLOW
39
Sep 05
Sep 04
Chg
Pedestrian Overpasses Structures Advertisements
Advertisments in Movie Theaters Screens
187 687 1,384
196 726 1,542
5 6 11
(11)
Ps.4
Ps.18
Ps.35
Ps.32
Capex
Note EBITDA - Capex
14
CIE Las Américas

• Sports Books Yaks

• Today there are 36 Sports Books Yaks units
• in operations

• 5 Openings scheduled for Nov Dec 2005

• Monterrey (Plaza Cumbres)
• Reynosa
• Los Cabos
• Chetumal
• Ecatepec

• CIE will complete its network of 45 Sports Books
  
• Yaks units in 2006

• Acapulco
• 4 additional units in Mexico City
• - Reforma 222
• - Lindavista
• - Central de Abastos
• - Plaza Loreto

15
CIE Las Américas
EBITDA
REVENUE
Revenue 3Q05
15
2
22
23
EBITDA 3Q05
34.3
34.7
35.9
31.7
EBITDA MargIn
OPERATING CASH FLOW
(4)
3Q05
3Q04
Chg
9M04
9M05
Chg
39 400 14 563.62 1,839 28 72
40 410 19 582.18 1,903 35 73
3 3 36 3 3 25 1
126 1,127 40 587.69 5,107 28 72
104 1,109 40 580.33 5,585 35 351
(17) (2) N.A. (1) 9 25 388
Horse Racetrack Racing Days Races Centro
Banamex Expositionss Books/ Yaks Per capita
(Ps.) Attendance (thous) Units in
Operation Granja Attendance (thous)
123
Ps.129
Ps.127
Ps.309
Ps.324
Capex
Note EBITDA - Capex
16
Debt Restructuring

• Offering and issuance of a 10 year bond in
  international markets for U.S.200 millon on
  Jun.14, 2005 annual interest rate of 8.875

• Repurchase of approximately 89 of Medium-term
  promissory notes on Oct.13, 2005 forPs.2,215
  million which matures in 2007 discount 30 bp

• Offering and issuance of 5 year unsecured notes
  for Ps.1,400 millon on Oct.20, 2005 annual
  interest rate of the 28 day TIIE 2.48

• The average maturity term went from 3.2 to 7.6
  years the average weighted cost of debt fell 30
  bp to10.4

PROFILE AFTER RESTRUCTURING (DEBT AS OF SEP 05
Ps.5,584 mill.)
PROFILE PRIOR TO RESTRUCTURING (DEBT AS OF SEP
05 Ps.5,337 mill.)
42
17
Debt Profile

• By the end of 3Q05 CIEs pro forma debt was
  Ps.5,584 millon, with an average maturity date of
  7.6 years

Pro forma post-restruct.
Debt Bank Securitized
Total Interest Rate Fixed
Variable Cash Net Debt Interests Paid,
LTM StockholdersEquity EBITDA LTM Ratios
EBITDA-to-Interest Expense LTM Net Debt /
StockholdersEquity Net Debt / EBITDA
LTM WACD WACC
1,418 4,166 5,584 50.7 49.3 641 4,943 641 7,
300 1,839 2.9x 0.6x 2.6x 10.4 12.9
CURRENCY
Based on debt pro forma as of Sep.05
Contracted interest-only swap of U.S.100
million for the 10 year bond.