EFTA01119809.pdf

G LOBAL YACHTING ATTACHMENT F Village Cay: Financial Projections Island Global Yachtin Ltd. • • Fort Lauderdale, FL 33301 Tel: • Fax: • www.islecap.com EFTA01119809 Acquisition Budget Atuditition Tern Due Diligence Village Cay 513,000,000 IGY Acquisition Fee 1.00% 43,333 Total Asset Valuation 513,000,000 Lender Fee 1.00% Subtotal 43,333 Debt Existing Debt 56,4 8,336 legal Less: Total Debt 56,4113,336 Greenberg Trawls 50.000 Deed - Filing Fee Net Equity Purchase Price 56531.664 Title hutmuwe Subtotal 50.000 ICY Equity Purchase Pelee (33.3% entrain) 52,193,888 Physieal Studies Add: IGY Acquisition Expense 313 Ant • Testing 1000Q ICY Cub Requirement at Closing r 52,332 22I Subtotal 10,000 Olbet Appraisal Closing Proration Lender Due Diligence Survey 'navel Valuation Letter Working Capiul Otter Closing Costs 20.000 20,000 Conveyance Tax I 65,000 Total ICY Acquisition Expenses Itt,333 EFTA01119810  eari 5 wee» 107 FMµ 4416,2007 . • Village Cay - Roadtown, Tortola B • its Pasty blenemelse Expanse bah.% Mt ~0 noel Expense Lew% Purchase Inte II) IAXI (COI 6,43 36 Ftw0 CODS 103 .2I Cm Rahr Dios MI Ca, Pae (e0 9.1% ury ?Pi Hoed/Resuanza Id% Kg< li I I". Basel Rocca DM Fat (1104) 5.0% RR II OM51 132% term 15 See Cores Yew III 56%1 RR illiV) Condos 135% Amon IS Terms% Ys 11 %stuns 5 i 202u _ MiNdLitmel Retires _ /WS atkreasea Vs 0 Veer 1 Ye 2 Ys) 2403 Vow 4 Vs 5 Yell Var 7 Vs* Vier 9 Ys 16 »33 % of 2037 1005 an 2010 Dedt 5asse »111 »11 »13 »14 »15 »16 Tel IS 5,9% 511% 5.0% SW I" Shea 20% 3116 I" 3.0% 30% Fug 1.0345e 910,995 1,140,2% 7943111 1122,133 1,70,292 1.306400 134702 UAW Ia.?» Weltolltleltant 9% 6% 414960 306101 503,011 119304 330.2» 371,181 jam. 390,705 606439 6».652 64.1.412 664,47 335.271 734.690 »1,731 373,12 316697 396.235 4361» 420369 0~ HS Sat yams 3% 15% 2% 135436 739.469 1111.635 ,13911146 .433 11400 143.513 4 177 19.419 792 1414126 921,531 2.6u. 173,7n Ian) W9. 129 1155 1 in1 1,337.:442653 147 1jj°6 1361 7,43 Mill 166,717 1307,192 141,569 171,719 1.045407 1451116 170.116 1,100.357 14,132 Ta e V% 12.413 • ~Ind ILO» 13»; 14.370 15.243 14752 16.113 73= 16,651 43% 2.322.677 111 . 2.1i:4 10 246%731 2,769.452 2931.112 Meer 74 4.=7 52.536 1,117043 33113334 Teal Gram leas 5,,rj 1,929 A Isaai 5.417.164 4.9131: Con al (we Sold 10/7,49, 301 1471,71 1.660.67/ :t ars 1.615,411 1,663,946 I 940.331 6 4.11.1 1,997 # 772 , .736 2.120.495 7-1146113 23: 41 4. Net ants W4.» 3.41W14 34~ 3053.741 USK; 4,4 6991,10 %4 Es— VS 30% Piss 3.0 % 3.11% 56% 6273,353 1,311,759 % 1,331,112 6396616 1,33.3% 1,76497 AOsm 14% 3132141 1324619 1,564,0P) 1.6132» 1.661460 miss 323336 »2,931 342,943 333310 363,27 374.742 353,44 397,564 3% 64,360 44291 2765.279 49.»1 Ra).1 70,25 72,435 74,611 76,49 79,153 11329 53,973 11% 333,714 363,103 1.217 27%426 327 Leas 13% 296.40 305,3» 314,4% 313,931 333419 191,1411 299,74 3'2 .1170 311.136 327403 337,311 347,636 336063 LS Lea% 0% 4,293 365,07 379,71 Swett 4.433 4434 446I 4.533 4,977 6126 5.280 sa 3% 79.412 111,16 4321 6601 R.F Tana $6.$32 59,57 92.141 94935 97,732 14.6655 103,703 Ass Yee • • Tod Yams • • • • Lana» 43141094 Fates Ss 65% AS% 64% 62% 61% 65% 61% 60% 01/•4 DTI NW (6Sere mete) :a,7» 1,15,14 I.5.14511 41R1µ 1434a 67».19, 4,46154 6~15 1.1114,0/0 Ws Few 132z00 1320111 132003 1321110 3310110 132W) 1324W 1310011 132060 32,Des 112.03) I31010 Adis» NUI 1115,451 DVS» tap IUD ' kl% 1,1101.1140 Ls Value 111% 11" 52% 15% 1211% 112% 1161 140% 143% • 21411142.3 eta raw Idea Ms 1,77435 1.313614 1.430441 1~32 1,101%0 la,» 1,11064 6767,0) 1.524,155 13.369.34.3 Sor•sce 956301 DSC 1/327,I% 941.010 903,9» th17.19 111,739 »WY 739,555 696467 I155 132x 1 3Ix 6.57.3/7 LI» 127h 2R24 21% 219' 2 6I x 1555a CS IS Alltr DS MIS Debt Pa Dos 327.314 4115.74 141,611 240,070 111.420 931415 1,1127.632 1.1/$41/2 22.731$11. Nee Cask Wm I 1, 7 101 1.41.516 327.314 416.14t 141.413 140,70 434,4» 611.11$ 1017.133 1,11.4444 Dock Istd 3,143,501 »sane lsplid 1311.132 1471032 463460 109,750 316910 hosnerd (cad Res» tiarathashOrDlopmerel 191:41 3,07.114 Nee Cm» IS 16.769,937) 10.711 $.404 (1St*, i AROM ~71 536,04 931315 1,2 .61:2 1131.W 123% R4Yna 111111 OA% -HO% 32% 124% 13.8% 1.5.2% Onerreh% 13% Sets rna Count <1193.»11 Awash» 611ue Daste Casts 1553331 MovarbOn Fee II% of ACP WWI 43.333 ICY Man Fs (50•• of Mg» Few) It"( (:M Flow 66000 6000 66.000 40100 SLOW 66~ »000 66.0» 13.595 »ID 11620,111 1011311111 66.010 66»0 4,337 Man 310,015 342.541 375,129 6.93132? Nee Cash Dow 1:135.5551 7•,sts 61001 ICY IRK (714,001) 0034801 »OP ~al 374.465 mom 441320 33.3% 7,1740 Return eaa Ewley 14% 29% •II.7% .173% sass 14.7% 163% 173% US% soles I Tens sna Law beam at DS er 3% itsowl pow% 2 thUnd Orwr - &Isms Censer. NS ac »Wm Fee • DIreetes Rat So% behneo B91lenses Club tel Tas ACaCitt 4 lnatal a atinfired b be IOW p oseneep Wes %them lea 6•0 ISVIlehentnene fl ue 11 ri IS EFTA01119811  ti i ili f ilflifN i fliffif=igg iI Ili i 1 1. fisit. t ! ifil "41! iiiip:i e III r i 1 i I I §9550§ggN5 I 1 minium ii€€€d€ I NZtNYS4: §n§9§§§ 2 a EFTA01119812 ;Milli