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MI Developments | Company Snapshot

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MI DEVELOPMENTS INC.

MI DEVELOPMENTS INC. is a real estate company engaged in the ownership, management, leasing, development and acquisition of industrial and commercial real estate properties. MID also own land for industrial development, and acquire land for mixed-use and residential projects. Predominantly an industrial rental portfolio. MID holds a controlling interest in MAGNA Entertainment Corp (MEC).


Symbol: MIM.A
Exchange(s): Toronto Stock Exchange
Industry: Real Estate (Property Mgmnt & Investment)
5-Star Rating:
ANNUAL FINANCIALS
  Dec 31, 2008
12 Months
us$
Dec 31, 2007
12 Months
us$
Dec 31, 2006
12 Months
us$
3Yr.
Growth
% Change
Total Revenue ($000): 775,284 787,219 738,515 -3.95
Earnings before Interest & Tax ($000): -81,188 49,476 -50,901 N/A
Profit/Loss ($000): -3,216 39,509 59,870 N/A
Earnings per Share: -0.07 0.82 1.24 N/A
Total Assets ($000): 2,580,549 2,907,653 2,819,923 -1.50
Dividends Per Share 0.60 0.60 0.60  
Return on Com. Equity: -0.19 2.32 3.67  
Employees: 35 39 N/A  
 
Trailing 12 Month Results
  12 Months ended
Sep 30, 2009, us$
12 Months ended
Sep 30, 2008, us$
%Change
Total Revenue ($000): 467,046 773,237 -39.60
Profit/Loss ($000): -24,048 53,680 -144.80
Earnings per Share: -0.52 1.15 -145.22
Dividends Per Share 0.60 0.60
Number of Shares: 46,707,977 46,707,977
 
COMPANY INFORMATION
Report on Business Magazine Top 1000 Ranking
Profit: 0614 Revenue: 0194 Assets:  0120  
 
Key Personnel
CEO: Dennis J. Mills, C.E.O. & Director & Vice-Chair
CFO: Rocco A. Liscio, E.V.P. & Chief Financial Offic
 
Contact Information
Address: 455 Magna Drive,
2nd Floor,
Aurora,
ON,
L4G 7K1
Phone: 905-713-6322
Fax: 905-713-6332
Web Address: www.midevelopments.com
E-Mail : ir@midevelopments.com
Investor
Relations:
Rocco A Liscio, 905-726-7507
 
Company Type: Public Company Status: Active
Auditors: Ernst & Young Llp
Transfer Agent: Computershare Trust Co. Of Can
Incorporation: Ontario, Jul 15, 1998
 
Securities: MIM-N MIM.A-T MIM.B-T
 
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All information on this site is compiled by CTVglobemedia Publishing Inc. from reliable industry sources. While all efforts are made to ensure the accuracy of the information, CTVglobemedia Publishing Inc. and its related entities assume no liability for incorrect, incomplete, or missing information from this site. Past performance is not necessarily indicative of future performance. Prior to making any investment decision, consult with a qualified investment advisor.

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