Earnings Call Excerpt
Central European Media Enterprises Ltd (CETV)
Q2 2009 Earnings Call Transcript
July 29, 2009 9:00 am ET
Executives
Romana Tomasova - VP, Corporate Communications
Adrian Sarbu - President and COO
Charles Frank - Interim CFO
Anthony Choi [ph] - Vice President for Strategy and Operations
Analysts
John Charles [ph] - J.P. Morgan
Ben Mogil - Thomas Weisel Partners
Matthew Walker – Nomura
Mitch Resnick – Fortis Investment
Maria Levinskaya [ph] – Bank of America/Merrill Lynch
David Kestenbaum - Morgan Joseph
Merry Erington [ph] – Janco Partners
Peter Harvey – Cazenove Capital
Demetri Zuke [ph] – Citigroup
Puria Jennert [ph] – KCB [ph]
Presentation
Operator
Good morning my name is Sara. I will be your conference operator today. At this time, I would like to welcome everyone to the Central European Media Enterprises second quarter 2009 earnings conference call. All lines have been place on mute to prevent any background noise.
After the speaker’s remarks there will be question-and-answer period. (Operator instructions) As a reminder this conference call is being recorded today July 29, 2009. It is now my pleasure to turn the floor over to Romana Tomasova, Vice President of Corporate Communications. Ms. Tomasova you may begin your conference.
Romana Tomasova
Good morning or good afternoon to each of you, and welcome to CME's second quarter 2009 investor conference call. During this call, we will refer to presentation slides, which you can download from our website www.cetv-net.com. You can find them on our homepage at the bottom left corner.
The participants of today's call will be Adrian Sarbu and Charles Frank who will give you the formal presentation. We are also joined today by our General Counsel, Daniel Penn and Vice President Anthony Choi [ph], Peter Wildok [ph], Marijan Jurenec, and Mark Wyllie who will be available to answer questions.
Before I turn to Adrian, let me read the usual Safe Harbor statement. Our presentation today will contain forward-looking statements. For these statements, we claim the protection of the Safe Harbor contained in the US Private Securities Litigation Reform Act of 1995, and refer you to the forward-looking statements section in our Form 10-Q filed with the Securities and Exchange Commission earlier today for a list of such statements and the factors, which could cause future results to differ from those presented in this call.
During this call, we will refer to our segment financial information. Certain of these numbers presented in local currencies are not US GAAP numbers. We do not provide reconciliation to these numbers in this presentation as the US GAAP amounts are expressed in US dollars in our financial statements.
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