1

Historical Financial Metrics by Silo

in millions

1

Intercompany items include royalties, shared service fees and other intercompany items (excluding intercompany rent).

2

Domestic consolidates intercompany rent to Propco I of $180 million, $202 million and $185 million in FY’15, FY’14 and FY’13,

respectively, and rent to Propco II of $102 million, $104 million and $101 million in FY’15, FY’14 and FY’13, respectively.

3

Europe (ex. UK) consolidates intercompany rent to France Propco $8 million, $10 million and $10 million in FY’15, FY’14 and FY’13,

respectively, and rent to Spain Propco of $16 million, $19 million and $20 million in FY’15, FY’14 and FY’13, respectively.

4

UK consolidates intercompany rent to UK Propco of $36 million, $38 million and $39 million in FY’15, FY’14 and FY’13, respectively.

5

Represents 100% of Toys (Labuan) Holding Limited (“Asia JV”) results.

6

Includes fees from licensed operations.

7

Includes Domestic and Other International.

The table above was provided for informational purposes only and is not representative of how the Company manages the business

7

7

7

7

7

7

7

7

7

7

Europe

Other

Corporate

Domestic

2

Canada

(ex. UK)

3

UK

4

Australia

Japan

Asia JV

5

Intl.

6

& Other

Total

Fiscal Year 2015

Adj. EBITDA (pre-Interco)

$659

$85

$114

$51

$1

$85

$54

$15

($264)

$800

Intercompany

Items

1

(87)

(5)

(41)

(15)

(3)

(25)

(13)

--

189

--

Cash Interest

NA

11

6

28

--

2

--

--

346

393

Capital Expenditures

145

8

22

7

3

19

15

--

--

219

Ending Cash

NA

13

207

16

2

146

73

NA

223

680

Ending Debt

NA

122

61

375

--

50

--

NA

4,135

4,743

Ending Cash (Local Currency)

NA

CAD 18

€

204

£11

AUD 4

JPY 17,732

HKD 597

NA

NA

NA

Ending Debt (Local Currency)

NA

CAD 171

€

57

£263

AUD --

JPY 6,033

HKD --

NA

NA

NA

Fiscal Year 2014

Adj. EBITDA (pre-Interco)

$545

$72

$124

$37

$1

$77

$43

$18

($275)

$642

Intercompany

Items

1

(89)

(5)

(48)

(19)

(3)

(25)

(12)

--

201

--

Cash Interest

NA

1

8

30

--

3

--

--

338

380

Capital Expenditures

124

12

21

6

2

24

18

--

--

207

Ending Cash

NA

15

251

13

2

149

50

NA

218

698

Ending Debt

NA

121

87

396

--

64

--

NA

4,120

4,788

Ending Cash (Local Currency)

NA

CAD 19

€

228

£9

AUD 3

JPY 17,530

HKD 396

NA

NA

NA

Ending Debt (Local Currency)

NA

CAD 155

€

77

£263

AUD --

JPY 7,486

HKD --

NA

NA

NA

Fiscal Year 2013

Adj. EBITDA (pre-Interco)

$463

$88

$140

$45

($5)

$54

$35

$20

($257)

$583

Intercompany

Items

1

(92)

(7)

(54)

(20)

(4)

(35)

(11)

--

223

--

Cash Interest

NA

1

9

32

--

4

--

--

412

458

Capital Expenditures

113

19

22

7

1

23

14

--

39

238

Ending Cash

NA

170

205

8

2

15

40

NA

204

644

Ending Debt

NA

--

135

433

--

98

12

NA

4,341

5,019

Ending Cash (Local Currency)

NA

CAD 190

€

167

£5

AUD 2

JPY 1,495

HKD 270

NA

NA

NA

Ending Debt (Local Currency)

NA

CAD --

€

100

£263

AUD --

JPY 10,021

HKD 94

NA

NA

NA

Memo:

Q3'15 Ending Cash

NA

$10

$55

$24

$2

$12

$60

NA

$233  

$396

Exhibit 99.2

2

FY’15 Average Cash & Debt Balances

Other Select Financial Disclosures

$’s in millions

1

Adjusted EBITDA for international Propcos assumed to equal net intercompany rent and serves as a proxy for net operating income.

2

During FY’15, Propco I had cash interest expense of $58 million, a $4 million straight line rent adjustment and $28 million in debt

repayments (excluding $16 million relating to asset sales).

3

Average cash balance for the last four quarters (Q1’15-Q4’15).

4

Year-end face value of permanent debt plus average revolving credit facility borrowings for the last four quarters (Q1’15-Q4’15).

5

Includes “core cash” which represents cash in stores, in-transit, and minimum bank account levels. The Company estimates that

approximately 12% of consolidated year-end balance sheet cash constitutes core cash.

6

Cash dominion threshold is greater of GBP 12 million or 12.5% of Borrowing Base.

The tables above were provided for informational purposes only and is not representative of how the Company manages the business

FY’15 Propco Adj. EBITDA & Cash Balance

Europe/Australia Historical Liquidity Detail

Spain

France

UK

Propco

1

Propco

1

Propco

1

Propco I

2

Adj. EBITDA

$16

$8

$36

$178

Cash as of FYE'15

2

12

3

85

Cash as of Q3'15

8

10

3

77

European

ABL Group

Spain

(ex. Propcos)

Japan

Propco

Propco

I

Asia JV

FY'15 Average Cash

3

$100

$46

$5

$100

$63

FY'15 Average Debt

4

57

75

--

934

6

FY 2013

FY 2014

FY 2015

Q4'13

Q1'14

Q2'14

Q3'14

Q4'14

Q1'15

Q2'15

Q3'15

Q4'15

Cash

5

$216

$96

$94

$99

$267

$85

$82

$81

$225

Cash Dominion Threshold

6

20

20

20

25

18

18

19

24

17

UK & France Propco Cash

8

8

12

10

11

11

14

13

15

3

Supplemental FY 2015 Adj. EBITDA Reconciliation

$’s in millions

1

Represents 100% of Toys (Labuan) Holding Limited ("Asia JV") results.

2

Operating earnings amount for Asia JV includes $2M of sub-licensing revenue related to Macau and the Philippines.

The table above was provided for informational purposes only and is not representative of how the Company manages the business

Propco I

Operating earnings

$150

Depreciation and amortization

26

EBITDA

$176

Adjustments:

Impairment of long-lived assets

9

Net gains on sales of properties

(7)

Total Adjustments

2

Adjusted EBITDA

$178

Europe

Other

Corporate

Domestic

Canada

(ex. UK)

UK

Australia

Japan

Asia JV

1

Intl.

& Other

Total

Operating

earnings

(loss)

2

$484

$56

$78

$33

($3)

$54

$38

$15

($377)

$378

Depreciation and amortization

180

15

27

14

4

31

16

-

56

343

EBITDA

$664

$71

$105

$47

$1

$85

$54

$15

($321)

$721

Adjustments:

Compensation expense

-

-

1

1

-

-

-

-

22

24

Sponsors’ management and advisory fees

-

-

-

-

-

-

-

-

6

6

Severance

4

3

7

2

-

-

-

-

8

24

Store closure costs

6

-

1

-

-

-

-

-

-

7

Property losses, net of insurance recoveries

(1)

-

-

-

-

-

-

-

-

(1)

Litigation

-

-

-

-

-

(1)

-

-

-

(1)

Certain transaction costs

-

-

-

1

-

-

-

-

12

13

Foreign currency re-measurement

-

11

-

-

-

-

-

-

-

11

Impairment of long-lived assets

6

-

-

-

-

1

-

-

9

16

Net gains on sales of properties

(20)

-

-

-

-

-

-

-

-

(20)

Total Adjustments

(5)

14

9

4

-

-

-

-

57

79

Adjusted EBITDA

$659

$85

$114

$51

$1

$85

$54

$15

($264)

$800

Intercompany items

(87)

(5)

(41)

(15)

(3)

(25)

(13)

-

189

-

Adjusted EBITDA including intercompany

$572

$80

$73

$36

($2)

$60

$41

$15

($75)

$800

4

Supplemental FY 2014 Adj. EBITDA Reconciliation

$’s in millions

1

Represents 100% of Toys (Labuan) Holding Limited ("Asia JV") results.

2

Operating earnings amount for Asia JV includes $1M of sub-licensing revenue related to Macau and the Philippines.

The table above was provided for informational purposes only and is not representative of how the Company manages the business

Europe

Other

Corporate

Domestic

Canada

(ex. UK)

UK

Australia

Japan

Asia JV

1

Intl.

& Other

Total

Operating earnings (loss)

2

$332

$34

$88

$21

$ --

$39

$29

$18

($370)

$191

Depreciation and amortization

210

19

32

15

4

32

14

-

51

377

EBITDA

$542

$53

$120

$36

$4

$71

$43

$18

($319)

$568

Adjustments:

Compensation expense

2

1

3

1

-

1

-

-

14

22

Sponsors’ management and advisory fees

-

-

-

-

-

1

-

-

17

18

Severance

2

3

-

-

-

1

-

-

11

17

Store closure costs

7

-

-

-

(3)

-

-

-

-

4

Property losses, net of insurance recoveries

(9)

-

-

-

-

-

-

-

-

(9)

Litigation

(8)

-

-

-

-

-

-

-

-

(8)

Certain transaction costs

(3)

-

-

-

-

-

-

-

1

(2)

Foreign currency re-measurement

-

15

-

-

-

-

-

-

-

15

Impairment of long-lived assets

8

-

1

-

-

3

-

-

1

13

Net gains on sales of properties

(5)

-

-

-

-

-

-

-

-

(5)

Obsolete inventory adjustment

9

-

-

-

-

-

-

-

-

9

Total Adjustments

3

19

4

1

(3)

6

-

-

44

74

Adjusted EBITDA

$545

$72

$124

$37

$1

$77

$43

$18

($275)

$642

Intercompany items

(89)

(5)

(48)

(19)

(3)

(25)

(12)

-

201

-

Adjusted EBITDA including intercompany

$456

$67

$76

$18

($2)

$52

$31

$18

($74)

$642

5

Supplemental FY 2013 Adj. EBITDA Reconciliation

$’s in millions

1

Represents 100% of Toys (Labuan) Holding Limited ("Asia JV") results.

2

Operating earnings amount for Asia JV includes $1M of sub-licensing revenue related to Macau and the Philippines.

The table above was provided for informational purposes only and is not representative of how the Company manages the business

Europe

Other

Corporate

Domestic

Canada

(ex. UK)

UK

Australia

Japan

Asia JV

1

Intl.

& Other

Total

Operating (loss) earnings

2

($197)

$67

$103

$16

($9)

($16)

$22

$20

($356)

($350)

Depreciation and amortization

216

20

32

18

4

36

13

-

49

388

EBITDA

$19

$87

$135

$34

($5)

$20

$35

$20

($307)

$38

Adjustments:

Compensation expense

-

-

1

-

-

1

-

-

1

3

Obsolete inventory adjustment

51

-

-

-

-

-

-

-

-

51

Sponsors’ management and advisory fees

-

1

3

1

-

2

-

-

15

22

Severance

-

-

-

-

-

-

-

-

13

13

Store closure costs

1

-

-

1

-

-

-

-

-

2

Litigation

-

-

-

-

-

-

-

-

23

23

Certain transaction costs

-

-

-

-

-

-

-

-

1

1

Goodwill impairment

361

-

-

-

-

17

-

-

-

378

Prior period adjustment

20

-

-

-

-

-

-

-

(4)

16

Impairment of long-lived assets

19

-

1

9

-

14

-

-

1

44

Net gains on sales of properties

(8)

-

-

-

-

-

-

-

-

(8)

Total Adjustments

444

1

5

11

-

34

-

-

50

545

Adjusted EBITDA

$463

$88

$140

$45

($5)

$54

$35

$20

($257)

$583

Intercompany items

(92)

(7)

(54)

(20)

(4)

(35)

(11)

-

223

-

Adjusted EBITDA including intercompany

$371

$81

$86

$25

($9)

$19

$24

$20

($34)

$583