OCC.Monthly.5

Slide 1: 

Stockholder Members - 2011 _________________________________________________________________________ Dues Weighted Members - 2011 1 At 12/15/10: 436

Slide 2: 

Social Members - 2011 Junior and Super Senior Members - 2011 _________________________________________________________________________ 2

Slide 3: 

_______________________________________________________________________________________________________________________________________________________________________________ Net Operating Cash Flow – 2011 (Monthly Cumulative) ($ in thousands) Net Operating Cash Flow – 2011 (Monthly) ($ in thousands) 3

Slide 4: 

_______________________________________________________________________________________________________________________________________________________________________________ Total Net Revenues – 2011 (Monthly Cumulative) ($ in thousands) Total Net Revenues – 2011 (Monthly) ($ in thousands) 4

Sources of Total Net Revenues – 2011 Annual Budget ($ in thousands) : 

Sources of Total Net Revenues – 2011 Annual Budget ($ in thousands) 5

Slide 6: 

_______________________________________________________________________________________________________________________________________________________________________________ Total Expenses – 2011 (Monthly Cumulative) ($ in thousands) Total Expenses – 2011 (Monthly) ($ in thousands) 6

Total Operating Expenses – 2011 Annual Budget($ in thousands) : 

7 Total Operating Expenses – 2011 Annual Budget($ in thousands)

Slide 8: 

_______________________________________________________________________________________________________________________________________________________________________________ Total Dues Revenues – 2011 (Monthly Cumulative) ($ in thousands) Total Dues Revenues – 2011 (Monthly) ($ in thousands) 8

Slide 9: 

_______________________________________________________________________________________________________________________________________________________________________________ Golf Rounds – 2011 (Monthly Cumulative) (# of rounds) Golf Rounds – 2011 (Monthly) (# of rounds) 9

Slide 10: 

_______________________________________________________________________________________________________________________________________________________________________________ Golf Tournament Revenue – 2011 (Monthly Cumulative) ($ in thousands) Golf Pro Shop – Member Charges Minus Expenses – 2011 (Monthly Cum.) ($ in thousands) 10

Slide 11: 

_______________________________________________________________________________________________________________________________________________________________________________ Golf Pro Shop - Total Expenses - 2011 (Monthly) ($ in thousands) Golf Pro Shop - Total Net Revenues – 2011 (Monthly) ($ in thousands incl. Tournaments) 11

Slide 12: 

12 Cost of Sales Percentages – 2011

Slide 13: 

_______________________________________________________________________________________________________________________________________________________________________________ Food & Beverage Net Cash Flow – 2011 (Monthly Cumulative) ($ in thousands) Food & Beverage Net Cash Flow – 2011 (Monthly) ($ in thousands) 13

Slide 14: 

_______________________________________________________________________________________________________________________________________________________________________________ F&B – Member Expenses - 2011 (Monthly) ($ in thousands) F&B – Member Net Revenues – 2011 (Monthly) ($ in thousands) 14

Slide 15: 

_______________________________________________________________________________________________________________________________________________________________________________ F&B – Special Function Profit – 2011 (Monthly Cumulative) ($ in thousands) F&B – Special Function Profit – 2011 (Monthly) ($ in thousands) 15

Slide 16: 

_______________________________________________________________________________________________________________________________________________________________________________ Tennis Expenses - 2011 (Monthly) ($ in thousands) Tennis Net Revenues – 2011 (Monthly) ($ in thousands – incl. Social Dues) 16

Slide 17: 

_______________________________________________________________________________________________________________________________________________________________________________ Golf Course Total Maintenance Costs – 2011 (Monthly Cumulative) ($ in thousands) 17 Golf Course Total Maintenance Costs – 2011 (Monthly) ($ in thousands)

Slide 18: 

_______________________________________________________________________________________________________________________________________________________________________________ Golf Course Maintenance – Other Costs – 2011 (Monthly) ($ in thousands) 18 Golf Course Maintenance - Employee Costs – 2011 (Monthly) ($ in thousands)

Slide 19: 

_______________________________________________________________________________________________________________________________________________________________________________ Total General and Administrative Costs – 2011 (Monthly Cumulative) ($ in thousands) 19 Total General and Administrative Costs – 2011 (Monthly) ($ in thousands)

Slide 20: 

_______________________________________________________________________________________________________________________________________________________________________________ General and Administrative – Other Costs – 2011 (Monthly) ($ in thousands) 20 General and Administrative - Employee Costs – 2011 (Monthly) ($ in thousands)

Slide 21: 

_______________________________________________________________________________________________________________________________________________________________________________ Total Employee Costs – 2011 (Monthly Cumulative) ($ in thousands) Total Employee Costs – 2011 (Monthly) ($ in thousands) 21

Slide 22: 

_______________________________________________________________________________________________________________________________________________________________________________ Net Cash Flow After Debt Service – 2011 (Monthly Cumulative) ($ in thousands) Net Cash Flow After Debt Service – 2011 (Monthly) ($ in thousands) 22