logging in or signing up Euro Disney Presentation Terenzio Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINTLite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 4917 Category: Education License: All Rights Reserved Like it (2) Dislike it (0) Added: March 19, 2008 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... By: zhungxi (12 month(s) ago) i really appreciate it... can you send it to my email address? Saving..... Post Reply Close Saving..... Edit Comment Close Premium member Presentation Transcript Welcome: Welcome Jim Hunt, Executive Vice President and CFO, Walt Disney Parks and Resorts Andy Wu, VP of Finance and Business PlanningSlide3: Spain or France Analyzing the FactsKey Assumptions: Key Assumptions Hotel occupancy rate: 100% Average Income Capital Budgeting: Capital Budgeting WACC = 9% Cost of debt = 10% Cost of equity = 16.5%Capital Budgeting: Capital Budgeting NPV Initial Investment = $470 million IRR = 48% Beta = 1.5 Business Risk: Business Risk NOPAT ROIC Standard DeviationBusiness Risk: Business Risk Demand VariabilityBusiness Risk: Business Risk Sales Price Variability Input Cost Variability Spanish Government Slide13: Ability to adjust output in response to input New Products Cultural Differences Foreign Risk ExposureSWOT Analysis: SWOT Analysis Strengths Weather Government Aid Price of LandSWOT Analysis: SWOT Analysis Weaknesses Revenues CurrencySWOT Analysis: SWOT Analysis Threats Terrorism Opportunities Government Stability Economy OlympicsSlide17: Support Government Community Competing Attractions Higher ROIC RecommendationsSlide18: Questions and/or CommentsSlide19: FranceKey Factors: Key Factors Initial Investment Magic Kingdom vs. MGM Number Of Visitors Number of Visitors: Number of Visitors What If: 100% 75% 50%Number of Visitors: Ticket Sales In Park Sales Hotel Operations Number of VisitorsCapital Budgeting : Capital Budgeting WACC: 7.75% Cost of Debt: 9% Cost of Equity: 14.8% Beta Risk: 1.7 Capital Budgeting: Capital Budgeting NPV Walt Disney France: $2.2 billion Spain: $1.4 billion Euro DisneySlide28: IRR – Walt Disney France 51% Spain 48% Capital BudgetingBusiness Risk: Business Risk NOPAT ROIC Standard DeviationBusiness Risk: Business Risk Foreign Risk Exposure Demand Variability Develop New Products Slide32: Strengths Tourist attraction Name Recognition Familiarity France AnalysisSlide35: Weaknesses Different culture Design duplication France AnalysisFrance Analysis: France Analysis Threats Uncertainty Opposition France Analysis: France Analysis Opportunities New market Diversity Recommendations: Recommendations Quantitative NPV IRR Qualitative SWOT Analysis Slide39: Questions and/or CommentsSlide42: Conclusion What’s more important? NPV and IRR NOPAT and ROIC Further consideration You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.
Euro Disney Presentation Terenzio Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINTLite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 4917 Category: Education License: All Rights Reserved Like it (2) Dislike it (0) Added: March 19, 2008 This Presentation is Public Favorites: 0 Presentation Description No description available. Comments Posting comment... By: zhungxi (12 month(s) ago) i really appreciate it... can you send it to my email address? Saving..... Post Reply Close Saving..... Edit Comment Close Premium member Presentation Transcript Welcome: Welcome Jim Hunt, Executive Vice President and CFO, Walt Disney Parks and Resorts Andy Wu, VP of Finance and Business PlanningSlide3: Spain or France Analyzing the FactsKey Assumptions: Key Assumptions Hotel occupancy rate: 100% Average Income Capital Budgeting: Capital Budgeting WACC = 9% Cost of debt = 10% Cost of equity = 16.5%Capital Budgeting: Capital Budgeting NPV Initial Investment = $470 million IRR = 48% Beta = 1.5 Business Risk: Business Risk NOPAT ROIC Standard DeviationBusiness Risk: Business Risk Demand VariabilityBusiness Risk: Business Risk Sales Price Variability Input Cost Variability Spanish Government Slide13: Ability to adjust output in response to input New Products Cultural Differences Foreign Risk ExposureSWOT Analysis: SWOT Analysis Strengths Weather Government Aid Price of LandSWOT Analysis: SWOT Analysis Weaknesses Revenues CurrencySWOT Analysis: SWOT Analysis Threats Terrorism Opportunities Government Stability Economy OlympicsSlide17: Support Government Community Competing Attractions Higher ROIC RecommendationsSlide18: Questions and/or CommentsSlide19: FranceKey Factors: Key Factors Initial Investment Magic Kingdom vs. MGM Number Of Visitors Number of Visitors: Number of Visitors What If: 100% 75% 50%Number of Visitors: Ticket Sales In Park Sales Hotel Operations Number of VisitorsCapital Budgeting : Capital Budgeting WACC: 7.75% Cost of Debt: 9% Cost of Equity: 14.8% Beta Risk: 1.7 Capital Budgeting: Capital Budgeting NPV Walt Disney France: $2.2 billion Spain: $1.4 billion Euro DisneySlide28: IRR – Walt Disney France 51% Spain 48% Capital BudgetingBusiness Risk: Business Risk NOPAT ROIC Standard DeviationBusiness Risk: Business Risk Foreign Risk Exposure Demand Variability Develop New Products Slide32: Strengths Tourist attraction Name Recognition Familiarity France AnalysisSlide35: Weaknesses Different culture Design duplication France AnalysisFrance Analysis: France Analysis Threats Uncertainty Opposition France Analysis: France Analysis Opportunities New market Diversity Recommendations: Recommendations Quantitative NPV IRR Qualitative SWOT Analysis Slide39: Questions and/or CommentsSlide42: Conclusion What’s more important? NPV and IRR NOPAT and ROIC Further consideration