Babcock & Brown
24 08 06 interim result 2006 presentation.pdf - Astrojapanproperty.com
24 08 06 interim result 2006 presentation.pdf - Astrojapanproperty.com
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Operating Leasing - Outlook<br />
• We anticipate the US$1.2 billion <strong>Babcock</strong> & <strong>Brown</strong> managed aircraft warehouse syndication<br />
will be fully invested by the end of 2006 and negotiations have commenced to extend the<br />
fund.<br />
• US rail leasing activities are expected to report significant growth in 2H 2006; the managed<br />
fleet is expected to report growth in the order of 22% for 2006.<br />
• Eurorail activities continue to expand, with European demand for locomotives outstripping<br />
supply; the ability to finance forward orders has become a significant competitive advantage.<br />
This business is expected to continue to grow its cars under management.<br />
• In the electronics manufacturing equipment business we have put in place non-recourse<br />
funding lines to enable us to build our equipment leasing activity in this sector.<br />
• The 2006 result for Operating Leasing is expected to exceed the 2005 result with a typical<br />
bias to the second half of the year.<br />
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