Ecograd

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ContentEcograd – city of new generation 3

Description of Ecograd district 4

District location 5

Main project indicators 6

Residential part 7

Main indicators of residential part 8

Central walk site perspective 9

Landscape composition with fountain on the central square. View 1 10

Landscape composition with fountain on the central square. View 2 11

District panorama 12

Typical ordinary meridian section. Scheme of typical floor 13

Layout scheme of typical 9 floor business class building 14

Commercial part 15

Description of commercial part 16

Development scheme of residential district with incomplete service complex in urban settlement Glevaha 17

Perspective of commercial areas complex 18

Commercial entertainment center. Layout scheme 1 19



Main financial indicators 22

Key investment indicators for 2012 – 2017 period 22

Cash flow for 2012-2017 period 23

Profit and loses report for 2012 – 2012 period 24

Investment advantages 25

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Ecograd – city of new generation

Residential district Ecograd – first Ukrainian residential complex based on the eco-logical principle:

• Сlean water from 150 m.well in each apartment ;• Сlose proximity to nature (forest, lakes);• Internal zone completely free from traffic;• Maximal greening of the yards;• System of wastewater cleaning and utilization of wastes;• Using of ecological construction materials.

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Description of Ecograd districtEcograd is truly city of new generation with developed infra-structure and commercial entertainment complex.

Residential part territory organized in such way that provides residents with maximum of every day infrastructure: children and sport sites in the yards, kindergarten, secondary school, shops, pharmacy.

Each residential quarter is connected to the central walkway with fruit trees. Landscape with elegant fountains, lights, benches, well with clean Artesian water, small restaurants that dispose to long walks on the fresh air.

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District locationEcocrad is the development project of more then 20 ha of unique landplot in Vasilkov district of Kiev region in urban set-tlement calls Glevaha. 13 km from Odesskaya square in Kiev.

GPS coordinates: 50°14’59.69”С 30°19’20.34”В

Situational scheme

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Main project indicators • Total landplot square — 19,95 ha• Total square of the residential buildings — 154 480 sq.m• Total square of commercial part — 35 000 sq.m• Greening area — 120 000 sq.m• Walking area — 42 600 sq.m

• Children sites — 3 000 sq.m• Sport sites — 2 000 sq.m• Approximate number of residents — 7 500 people• Approximate population density — 380 people per hectare

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Residential part

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Main indicators of residential part

Total square of the buildings — 154 480 sq.mAmount of residential buildings — 55:

9 floors — 307 floors — 214 floors — 4

Total amount of apartments — 3 0241 room apartments — 2 4462 room apartments— 6483 room apartments — 54

Total square of apartments — 132 380 sq.mResidential building of economy class

1 room apartments — 32,5 sq.m; 35 sq.m2 room apartments — 45 sq.m; 47 sq.m

Residential buildings of business class1 room apartments — 40 sq.m; 42 sq.m2 room apartments — 57 sq.m3 room apartments — 68 sq.m

Utilities• Own engineering infrastructure • Own security service• Own management company• Effective zoning and distribution of human flows• Parking for residents

Infrastructure• Children sites• Sport sites• Sport complex • Shops, restaurants, cafes• Eco restaurant • Eco market • Auto station• Kindergarten for 160 places• Secondary school for 22 classes• Pharmacy

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Central walk site perspective

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Landscape composition with fountain on the central square. View 1

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Landscape composition with fountain on the central square. View 2

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District panorama

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Commercial part

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Description of commercial part • Central trade center — 15 000 sq.m• Eco market of agricultural products — 3 000 sq.m• Supermarket — 2 500 sq.m• Supermarket of industrial products — 2 500 sq.m• Auto station — 1 300 sq.m• Sport complex — 2 000 sq.m• Office premises — 6 200 sq.m• Restaurants — 420 sq.m• Other trade premises — 5 000 sq.m

Advantages of commercial entertainment area• Comfort transport interchange.• Public transport .• Facade part of new Kiev circle road.

Effect zoning

Commercial and residential part divided by green ecozone.

Complex of public buildings and commercial objects.

General view

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Perspective of commercial areas complex

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Main financial indicators

Discount rate1 7%Indicators 2012 2013 2014 2015 2016 2017T otal

Investment schedule 5 000 000 16 000 000 12 500 000 -- -3 3 500 000-- -4 3 035 371 100 817 026 269 152 306 413 004 703

PV 5 000 000 13 675 214 9 131 419 -- -2 7 806 633PV of investments payment -- -2 2 965 828 45 983 770 104 925 956 173 875 554NPV -5 000 000 -18 675 214 -27 806 633 -4 840 805 41 142 965 146 068 921 146 068 921

-5 000 000 -16 000 000 -12 500 000 43 035 371 100 817 026 269 152 306-5 000 000 -21 000 000 -33 500 000 9 535 371 110 352 397 379 504 703

Discounted payback period , year 4,11IRR 114%

Unit, UAHKey investment indicators for 2012 - 2017 period

23

Source 2012 2013 2014 2015 2016 2017IncomeIncome from sq.m sold 55 277 888 142 935 180 172 314 176 179 369 610 220 047 486 288 258 306

2 999 997 3 999 996 1 333 332 0 0 0Investments (credit) 5 000 000 16 000 000 12 500 000 0Total 63 277 885 162 935 176 186 147 508 179 369 610 220 047 486 288 258 306Capital expenditures -51 120 000 -158 724 800 -173 538 080 -122 437 628 -104 462 060 -3 560 000Object purchase 0 -2 040 000 -2 040 000 0 0 0Project works - stage P -3 600 000 -4 992 000 -4 992 000 -4 992 000 -4 992 000 0

-600 000 -600 000 -600 000 -600 000 -600 000 -600 000-45 720 000 -148 132 800 -162 946 080 -113 885 628 -95 910 060 0

Management salary -800 000 -960 000 -960 000 -960 000 -960 000 -960 0000 0 0 0 0 00 -1 600 000 -1 600 000 -1 600 000 -1 600 000 -1 600 000

-200 000 -200 000 -200 000 -200 000 -200 000 -200 000Any kind of agreements -200 000 -200 000 -200 000 -200 000 -200 000 -200 000City payments 0 0 0 0 0 0Constant expenses -5 910 000 -7 770 000 -7 770 000 -7 770 000 -7 770 000 -7 770 000

-960 000 -1 920 000 -1 920 000 -1 920 000 -1 920 000 -1 920 000-3 000 000 -3 600 000 -3 600 000 -3 600 000 -3 600 000 -3 600 000

Unforeseen expenses -1 000 000 -1 000 000 -1 000 000 -1 000 000 -1 000 000 -1 000 000Risk Insurance 0 0 0 0 0 0Land tax -50 000 -50 000 -50 000 -50 000 -50 000 -50 000Municipal payments -900 000 -1 200 000 -1 200 000 -1 200 000 -1 200 000 -1 200 000Credit interests 0 0 0Taxes -2 065 500 -4 924 800 -5 443 200 -6 220 800 -6 998 400 -7 776 000

-2 065 500 -4 924 800 -5 443 200 -6 220 800 -6 998 400 -7 776 000Total out -59 095 500 -171 419 600 -186 751 280 -136 428 428 -119 230 460 -19 106 000

4 182 385 -8 484 424 -603 772 42 941 182 100 817 026 269 152 3065 000 000 9 182 385 697 961 94 189 0 09 182 385 697 961 94 189 43 035 371 100 817 026 269 152 306

Credit payments 0 0 0 0 0 0Shareholders payment from EAT 0 0 0 43 035 371 100 817 026 269 152 306

Unit,UAH

24

Source 2012 2013 2014 2015 2016 2017 Total

Capital expenditures

Object purchase - -2 040 000 -2 040 000 - - - -4 080 000Project works - stage P -3 600 000 -4 992 000 -4 992 000 -4 992 000 -4 992 000 - -23 568 000

-600 000 -600 000 -600 000 -600 000 -600 000 -600 000 -3 600 000-45 720 000 -148 132 800 -162 946 080 -113 885 628 -95 910 060 - -566 594 568

Management salary -800 000 -960 000 -960 000 -960 000 -960 000 -960 000 -5 600 000- - - - - - -- -1 600 000 -1 600 000 -1 600 000 -1 600 000 -1 600 000 -8 000 000

-200 000 -200 000 -200 000 -200 000 -200 000 -200 000 -1 200 000Any kind of agreements -200 000 -200 000 -200 000 -200 000 -200 000 -200 000 -1 200 000City payments - - - - - -Total -51 120 000 -158 724 800 -173 538 080 -122 437 628 -104 462 060 -3 560 000 -613 842 568

Income

Income from sq.m sold 55 277 888 142 935 180 172 314 176 179 369 610 220 047 486 288 258 306 1 058 202 6462 999 997 3 999 996 1 333 332 - - - 8 333 325

Total Income 58 277 885 146 935 176 173 647 508 179 369 610 220 047 486 288 258 306 1 066 535 971

-960 000 -1 920 000 -1 920 000 -1 920 000 -1 920 000 -1 920 000 -10 560 000-3 000 000 -3 600 000 -3 600 000 -3 600 000 -3 600 000 -3 600 000 -21 000 000

Unforeseen expenses -1 000 000 -1 000 000 -1 000 000 -1 000 000 -1 000 000 -1 000 000 -6 000 000Risk insurance - - - - - - -Land tax -50 000 -50 000 -50 000 -50 000 -50 000 -50 000 -300 000Municipal payments -900 000 -1 200 000 -1 200 000 -1 200 000 -1 200 000 -1 200 000 -6 900 000Total -5 910 000 -7 770 000 -7 770 000 -7 770 000 -7 770 000 -7 770 000 -44 760 000

EBITDA 50 302 385 139 165 176 165 877 508 171 599 610 212 277 486 280 488 306- - - - - -

Taxes -2 065 500 -4 924 800 -5 443 200 -6 220 800 -6 998 400 -7 776 000EBIT 52 367 885 144 089 976 171 320 708 177 820 410 219 275 886 288 264 306

Total expenditures -59 095 500 -171 419 600 -186 751 280 -136 428 428 -119 230 460 -19 106 000 -692 031 268

-817 615 -24 484 424 -13 103 772 42 941 182 100 817 026 269 152 306 374 504 703

Unit,UAH

25

Investment advantagesInvestment advantages

The most important thing about ecology is that “ecotrend” becoming norm of living for more and more people.

If couple years before people were interested only in square meters and city centre proximity, now they are ready to pay for something that can not be measured with square metres: nature proximity, fresh air and clean water, quality of products.

Ecograd like investment object

Risk diversification: reduction of demand decrease risks in certain areas.

Synergy effect: each area of multifunctional complex makes others to earn more.

Human flows accumulation: Attraction of several costumer category.

Increasing of liquidity: there are commercial entertainment center, social and residential buildings that makes this object more demanded between consumers of residential part and tenants of commercial part.

Technology

Ecograd