Euro Disney - EuroFX Risk
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Business Situation

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Walt Disney Group currently has a 39 percent ownership stake in its subsidiary, Euro Disney SCA. As is customary for all subsidiaries, Euro Disney must remit a percentage of its profits to the Walt Disney Group. On December 3, 1999 Euro Disney SCA declared earnings of 23.63 million Euro, or 2.6 percent of sales, for fiscal year ending September 1999.

This project assumes that Euro Disney SCA will make profit remittances to its shareholders, including the Walt Disney Group, on March 15, 2000.

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Euro Disney - EuroFX Risk