MGM MIRAGE Actual

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Information about MGM MIRAGE Actual
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Published on March 19, 2009

Author: finance29

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MGM MIRAGE AND SUBSIDIARIES SUPPLEMENTAL DATA - NET REVENUES BY RESORT (In thousands) (Unaudited) Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2005 2004 2005 2004 Bellagio $ 310,559 $ 261,857 $ 642,420 $ 540,491 MGM Grand Las Vegas 263,677 217,398 517,919 440,418 Mandalay Bay 181,149 - 181,149 - The Mirage 150,213 149,204 311,125 288,258 Luxor 84,285 - 84,285 - Treasure Island 103,490 95,128 203,827 194,924 New York-New York 88,760 82,748 179,908 165,541 Excalibur 62,699 - 62,699 - Monte Carlo 55,041 - 55,041 - Circus Circus Las Vegas (1) 52,196 - 52,196 - Boardwalk 11,787 11,005 23,515 21,563 Subtotal - Las Vegas Strip 1,363,856 817,340 2,314,084 1,651,195 Other Nevada (2) 129,141 60,926 189,872 116,604 MGM Grand Detroit 109,702 112,067 223,402 215,984 Beau Rivage 88,146 82,192 167,622 155,178 Gold Strike Tunica 25,111 - 25,111 - Subtotal - Mississippi 113,257 82,192 192,733 155,178 $ 1,715,956 $ 1,072,525 $ 2,920,091 $ 2,138,961 MGM MIRAGE AND SUBSIDIARIES SUPPLEMENTAL DATA - EBITDA BY RESORT (In thousands) (Unaudited) Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2005 2004 2005 2004 Bellagio $ 96,501 $ 82,716 $ 214,520 $ 181,735 MGM Grand Las Vegas 87,173 83,075 175,490 158,904 Mandalay Bay 61,586 - 61,586 - The Mirage 45,173 51,041 100,150 91,169 Luxor 28,797 - 28,797 - Treasure Island 28,784 26,312 59,115 57,615 New York-New York 36,152 31,248 74,706 63,372 Excalibur 21,369 - 21,369 - Monte Carlo 20,615 - 20,615 - Circus Circus Las Vegas (1) 14,626 - 14,626 - Boardwalk 3,088 2,852 6,387 5,677 Subtotal - Las Vegas Strip 443,864 277,244 777,361 558,472 Other Nevada (2) 21,678 10,727 30,676 20,467 MGM Grand Detroit 39,058 44,404 77,940 82,966 Beau Rivage 25,868 22,079 46,569 38,868 Gold Strike Tunica 5,586 - 5,586 - Subtotal - Mississippi 31,454 22,079 52,155 38,868 Unconsolidated affiliates 30,885 29,542 65,930 53,714 $ 566,939 $ 383,996 $ 1,004,062 $ 754,487 (1) Includes Slots-A-Fun. (2) Includes Primm Valley Resorts, Circus Circus Reno, Colorado Belle, Edgewater, Gold Strike, Nevada Landing and Railroad Pass. S1 - Actual

MGM MIRAGE AND SUBSIDIARIES SUPPLEMENTAL DATA - RECONCILIATION OF OPERATING INCOME TO EBITDA (In thousands) (Unaudited) Three Months Ended June 30, 2005 Depreciation Preopening and Operating and start-up Restructuring Property income amortization expenses costs (credit) transactions, net EBITDA Bellagio $ 61,321 $ 35,175 $ - $ - $ 5 $ 96,501 MGM Grand Las Vegas 58,470 27,143 500 - 1,060 87,173 Mandalay Bay 46,700 14,886 - - - 61,586 The Mirage 32,435 11,965 83 - 690 45,173 Luxor 23,039 5,796 - - (38) 28,797 Treasure Island 20,974 7,810 - - - 28,784 New York-New York 27,573 8,579 - - - 36,152 Excalibur 18,390 2,979 - - - 21,369 Monte Carlo 17,463 3,221 - (4) (65) 20,615 Circus Circus Las Vegas (1) 10,951 3,675 - - - 14,626 Boardwalk 2,427 661 - - - 3,088 Subtotal - Las Vegas Strip 319,743 121,890 583 (4) 1,652 443,864 Other Nevada (2) 12,542 9,138 - - (2) 21,678 MGM Grand Detroit 32,359 6,397 - - 302 39,058 Beau Rivage 20,339 5,491 62 - (24) 25,868 Gold Strike Tunica 3,765 1,824 - - (3) 5,586 Subtotal - Mississippi 24,104 7,315 62 - (27) 31,454 Unconsolidated affiliates 28,547 - 2,338 - - 30,885 417,295 144,740 2,983 (4) 1,925 566,939 Corporate and other (39,366) 6,933 914 - (132) (31,651) $ 377,929 $ 151,673 $ 3,897 $ (4) $ 1,793 $ 535,288 Three Months Ended June 30, 2004 Depreciation Preopening and Operating and start-up Restructuring Property income amortization expenses costs transactions, net EBITDA Bellagio $ 58,232 $ 22,004 $ - $ 3,000 $ (520) $ 82,716 MGM Grand Las Vegas 55,752 22,170 1,501 900 2,752 83,075 Mandalay Bay - - - - - - The Mirage 38,149 12,903 - - (11) 51,041 Luxor - - - - - - Treasure Island 17,312 8,886 118 - (4) 26,312 New York-New York 23,192 8,011 - - 45 31,248 Excalibur - - - - - - Monte Carlo - - - - - - Circus Circus Las Vegas (1) - - - - - - Boardwalk 2,683 169 - - 2,852 Subtotal - Las Vegas Strip 195,320 74,143 1,619 3,900 2,262 277,244 Other Nevada (2) 4,554 5,635 - - 538 10,727 MGM Grand Detroit 37,074 7,373 - - (43) 44,404 Beau Rivage 16,669 5,242 - - 168 22,079 Gold Strike Tunica - - - - - - Subtotal - Mississippi 16,669 5,242 - - 168 22,079 Unconsolidated affiliates 29,542 - - - - 29,542 283,159 92,393 1,619 3,900 2,925 383,996 Corporate and other (22,562) 5,091 - - (987) (18,458) $ 260,597 $ 97,484 $ 1,619 $ 3,900 $ 1,938 $ 365,538 (1) Includes Slots-A-Fun. (2) Includes Primm Valley Resorts, Circus Circus Reno, Colorado Belle, Edgewater, Gold Strike, Nevada Landing and Railroad Pass. S2 - Actual

MGM MIRAGE AND SUBSIDIARIES SUPPLEMENTAL DATA - RECONCILIATION OF OPERATING INCOME TO EBITDA (In thousands) (Unaudited) Six Months Ended June 30, 2005 Depreciation Preopening and Operating and start-up Restructuring Property income amortization expenses costs (credit) transactions, net EBITDA Bellagio $ 146,496 $ 66,618 $ 665 $ - $ 741 $ 214,520 MGM Grand Las Vegas 118,652 52,339 2,109 - 2,390 175,490 Mandalay Bay 46,700 14,886 - - - 61,586 The Mirage 73,108 24,498 145 - 2,399 100,150 Luxor 23,039 5,796 - - (38) 28,797 Treasure Island 43,306 15,810 - - (1) 59,115 New York-New York 57,518 17,188 - - - 74,706 Excalibur 18,390 2,979 - - - 21,369 Monte Carlo 17,463 3,221 - (4) (65) 20,615 Circus Circus Las Vegas (1) 10,951 3,675 - - - 14,626 Boardwalk 5,355 1,032 - - - 6,387 Subtotal - Las Vegas Strip 560,978 208,042 2,919 (4) 5,426 777,361 Other Nevada (2) 15,655 15,084 - - (63) 30,676 MGM Grand Detroit 64,224 13,412 - - 304 77,940 Beau Rivage 35,647 10,804 75 - 43 46,569 Gold Strike Tunica 3,765 1,824 - - (3) 5,586 Subtotal - Mississippi 39,412 12,628 75 - 40 52,155 Unconsolidated affiliates 63,523 - 2,407 - - 65,930 743,792 249,166 5,401 (4) 5,707 1,004,062 Corporate and other (72,687) 13,002 1,020 (66) 289 (58,442) $ 671,105 $ 262,168 $ 6,421 $ (70) $ 5,996 $ 945,620 Six Months Ended June 30, 2004 Depreciation Preopening and Operating and start-up Restructuring Property income amortization expenses costs transactions, net EBITDA Bellagio $ 135,323 $ 42,356 $ - $ 3,000 $ 1,056 $ 181,735 MGM Grand Las Vegas 107,729 45,688 1,839 900 2,748 158,904 Mandalay Bay - - - - - - The Mirage 65,560 25,560 - - 49 91,169 Luxor - - - - - - Treasure Island 39,963 17,546 118 - (12) 57,615 New York-New York 47,949 15,464 (86) - 45 63,372 Excalibur - - - - - - Monte Carlo - - - - - - Circus Circus Las Vegas (1) - - - - - - Boardwalk 5,339 338 - - - 5,677 Subtotal - Las Vegas Strip 401,863 146,952 1,871 3,900 3,886 558,472 Other Nevada (2) 10,163 9,851 - - 453 20,467 MGM Grand Detroit 67,773 14,847 - - 346 82,966 Beau Rivage 28,343 10,546 - - (21) 38,868 Gold Strike Tunica - - - - - - Subtotal - Mississippi 28,343 10,546 - - (21) 38,868 Unconsolidated affiliates 53,714 - - - - 53,714 561,856 182,196 1,871 3,900 4,664 754,487 Corporate and other (46,593) 12,841 129 414 (987) (34,196) $ 515,263 $ 195,037 $ 2,000 $ 4,314 $ 3,677 $ 720,291 (1) Includes Slots-A-Fun. (2) Includes Primm Valley Resorts, Circus Circus Reno, Colorado Belle, Edgewater, Gold Strike, Nevada Landing and Railroad Pass. S3 - Actual

MGM MIRAGE AND SUBSIDIARIES SUPPLEMENTAL DATA - HOTEL STATISTICS (Unaudited) Three Months Ended Six Months Ended June 30, June 30, June 30, June 30, 2005 2004 2005 2004 Bellagio Occupancy % 96.7% 96.4% 96.4% 95.9% Average daily rate (ADR) $245 $240 $246 $247 Revenue per available room (REVPAR) $237 $231 $237 $237 MGM Grand Las Vegas Occupancy % 95.3% 95.0% 95.2% 93.6% ADR $155 $131 $157 $135 REVPAR $148 $124 $150 $126 Mandalay Bay (1) Occupancy % 91.2% N/A 91.2% N/A ADR $218 N/A $218 N/A REVPAR $199 N/A $199 N/A The Mirage Occupancy % 98.8% 98.6% 98.4% 96.4% ADR $168 $150 $169 $153 REVPAR $166 $148 $167 $148 Luxor (1) Occupancy % 98.3% N/A 98.3% N/A ADR $116 N/A $116 N/A REVPAR $114 N/A $114 N/A Treasure Island Occupancy % 99.0% 99.0% 98.6% 97.8% ADR $131 $115 $134 $119 REVPAR $130 $113 $132 $116 New York-New York Occupancy % 99.4% 98.6% 99.3% 98.0% ADR $135 $116 $137 $118 REVPAR $134 $115 $136 $115 Excalibur (1) Occupancy % 96.7% N/A 96.7% N/A ADR $89 N/A $89 N/A REVPAR $86 N/A $86 N/A Monte Carlo (1) Occupancy % 97.6% N/A 97.6% N/A ADR $126 N/A $126 N/A REVPAR $123 N/A $123 N/A Circus Circus Las Vegas (1) (2) Occupancy % 96.2% N/A 96.2% N/A ADR $63 N/A $63 N/A REVPAR $61 N/A $61 N/A Boardwalk Occupancy % 98.8% 96.1% 95.2% 91.3% ADR $79 $67 $82 $71 REVPAR $78 $64 $78 $65 Other Nevada (1) (3) Occupancy % 69.0% 70.4% 67.9% 67.7% ADR $41 $32 $40 $32 REVPAR $28 $23 $27 $22 Beau Rivage Occupancy % 93.5% 94.9% 91.4% 90.5% ADR $108 $98 $103 $95 REVPAR $101 $93 $95 $86 Gold Strike Tunica (1) Occupancy % 79.2% N/A 79.2% N/A ADR $54 N/A $54 N/A REVPAR $43 N/A $43 N/A (1) Mandalay properties' statistics reflect results since being acquired on April 25, 2005. (2) Includes Slots-A-Fun. (3) Includes Primm Valley Resorts, Circus Circus Reno, Colorado Belle, Edgewater, Gold Strike, Nevada Landing and Railroad Pass. S4 - Actual

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