Annual Report - Orascom Development

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6 | Proven Track Record | OHD <strong>Annual</strong> <strong>Report</strong> 2006 Proven Track Record OHD is firmly committed to the long term development and the ustainability of its resort towns. From the earliest planning stage, we consider every aspect of the community’s needs, from facilities and infrastructure to town governance structures. The result differentiates us from our competitors by offering a holistic range of services and amenities, economic support packages and management guidelines. A key long term value driver for OHD is its land bank, which it acquires at referential prices. OHD’s first and largest resort, El Gouna, has been the benchmark for this model, with a total land area of 37.8 million sq mt. Only 9 million sq mt have been developed to date, under carefully controlled plans.
Through this phased development strategy and by owning all surrounding land, OHD is the sole beneficiary from the value drivers within its towns. This model protects the natural environment and financial investment from any potential reduction in value due to overdevelopment of the surrounding areas. This proven model gives governments the confidence to award land in other regions for development at preferential terms.
Page 1 and 2: Annual Report 2006
Page 3 and 4: 41% Increase in consolidated revenu
Page 5 and 6: APR 06 Berenice OHD was awarded 25
Page 7: Business Development During 2006 we
Page 11 and 12: 2 4 1 3 5 1 2 4 3 MOROCCO Chbika U.
Page 13 and 14: People and employment During 2006 1
Page 15 and 16: Hotels By the end of 2006, OHD owne
Page 17 and 18: At the intimate marina-side Captain
Page 19 and 20: 16 | Existing towns | OHD Annual Re
Page 21 and 22: Oman Four Projects Oman key figures
Page 23 and 24: Future projects Mauritius Club Méd
Page 25 and 26: New Business Tamweel Mortgage Finan
Page 27 and 28: El Gouna Environmental initiatives
Page 29 and 30: Samih Sawiris Chairman and CEO Mr.
Page 31 and 32: Julien Renaud-Perret Senior VP Inte
Page 33 and 34: Land Bank One key long term value d
Page 35 and 36: Restructuring Financing Scheme A. E
Page 37 and 38: Principal activities and business r
Page 39 and 40: Code of Business Conduct and Ethics
Page 41 and 42: Orascom Hotels and Development Comp
Page 47 and 48: Notes to the consolidated financial
Page 49 and 50: 4.2 Translation of the Foreign Curr
Page 51 and 52: 4.13 Cash Flows Statement • For t
Page 53 and 54: Machinery & Equipments Vehicles Fur
Page 55 and 56: 10. Work in progress Work in progre
Page 57 and 58: 14.6 On 4 April 2006 subscription w
Page 59 and 60:
20. Creditors and Other Credit Bala
Page 61 and 62:
23. Long Term Loans (Notes to table
Page 63 and 64:
Short Term Portion of the long term
Page 65 and 66:
32. Tax Status 32.1 Corporate Tax T
Page 68 and 69:
66 | Hotel and Real Estate KPIs | O
Page 70 and 71:
68 | Hotel and Real Estate KPIs | O
Page 72:
For further information: OHD Invest
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Annual Report - Orascom Development

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