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Second Quarter 2004 Earnings
     International Conference-Call




A World Class Brazilian Petrochemical Company
A World Class Brazilian Petrochemical Company
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Second Quarter 2004 Earnings
     International Conference-Call




A World Class Brazilian Petrochemical Company
A World Class Brazilian Petrochemical Company

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Teleconferência de resultados 2 t04 (versão inglês)

  • 1. Second Quarter 2004 Earnings International Conference-Call A World Class Brazilian Petrochemical Company A World Class Brazilian Petrochemical Company
  • 2. ' 5' / "0 " " / "0 / "0 / "0 ! ## #$ #& % ' '* () +,+, ) -. +,+, ) -. 1 24 3 ) 3.
  • 3. ' 5' 6 75 4 / "0 ! / "0 / "0 ! ! / "0 ! ! ## #$ #& % ' '* () ) 6+, # -. ) 6+, # -. 1 24 3 ) 3.
  • 4. 35 # ' (7 > 5 7 5 & 4 4 & # 5 :&; : ; :& : ; ;- :); :2; :) :2 ;- ; $ ?$ $ ' *, ! 9 0 9 0 ' ' 7 9 ! 0 !9 0 ## 9 ! ! 9 #$ 9 9 #& %8 9! 9 8 5 5 5 # &7 % 9: ) ; 5< 5 & = # &7 % : 2 ; 5<
  • 5. 35 # ! "# $ < 8 #8 #8 0 0 0 0 4 4 4 #8 $ #& %8 0 0 0 0 4 4 4 4 8 5 5 5 7 5 5 & = 5# &) % 4 8 & 8 7 5 > 5 5 5 5 7 5@ 4
  • 6. 35 # $ % " % "# # 7 5 #&! %1 :+ < !; $ < 1 :(7 ; ) #1 $ A :) !; 2 #1 B! :(7 ; ' #1 # :(7 ;
  • 7. & # " & '"(*+ - ./ '" + -0 # ) , #, ' ' ' &% 4 4 &% # 5 :& :); ; : ; :) :& : ; ;- :) :2 ;- :) :&; ; :2; : ; :) :2; :& : ; ;- ;- $ < !9 " + 0 !0 !9 " + ! 00 ' ' 7 " 9 ! + 0 " 9 + 0 ## 9 " + 9 " + #$ " 9 + " 9 + #& % 9 " + 9 " +
  • 8. , 6 @ 2 < . 6C & 7 @ ' ' &% 4 4 &% 2 . :&; ; :) : ; :); :&;- ; :) ::2 ;- ; :) :&; ; :2; : ; :) :2 :& : ; ;- " 9 " 9 0 0 " 9 " 9 0 0 2 # + + # < + + % < 2 7 $> 9! 9! !0 0 "! " ! !0 0 ' , 6 " 9 9! " 0 0 " 9 "! 9 0 0
  • 9. # $7 > 7 $7 D > ( 1, 0 $7 > @ 6 < E 4 $ 7 0 ! ) 0 , ) 0 $7 > -, 6 (0 ) ! 0 ) 0
  • 10. 3 D D # 5$ 3 ) 2' F 6 7 5@ > < 6C 4 4 &% &% :); :) :2; :) :2 ;- ; :&; ; : ; ;- ; ;- :& : ; , 6 + + + + & D 5 5 (+ 0 (+ 0 0 (+ 0 0 (+ 0 D 3 # + D :0 ; 9 " 9 ! " 7 @7 9 " 9 " 7 @7 7 $3 ) 2' + $3 ) 2' :0 ; 9 " 9 " 7 @7 9 " 9 " 7 @7 7 , F 6 ( 0 $3 2 (+ 0 0 $3 2 , 3 -:* ; ( 0 $3 2 ( 0 0 $3 2
  • 11. $ 3 )% 2' 6C ! : ; : ; ! % @ 5 F> 5& ( (7 % 6 - $7 > # % ! % 4 4
  • 12. & $ 3 )D 2' $3 ) 2' $3 ) 2' (1' ! 0 ( 1' 0 ! ! ! ! ! ! 4 4 4 4 4 4 4 4 4 4 4 4
  • 13. F 6 5 $> 6 3 7 6C 4 4 :); :2; :&; : ; , F 6 : ; ! : 9 ; , F $> % :, $ ; F% ( 0 ( 0 , <% :, %; ( 0 ( 0 ( 0 ( 0 F 6 @ , $ I , %% F% : ; : ; : ; :! ; # < 7 G H 5@ 65 7 5 > 5@ 7 65 F > B 7 5 5 &7 G
  • 14. < 6 D 6 $3 ) 2' (1' ! 0 (1' ! 0 / 0 / 0 9 !! 9 9 !! , 3 (1' ! 0 ∆JH6C $7 > , @- 2 ' ) $3 ( 1' 0 (5 6 4, 0 : ; / 0 H 0 ! " " + 8* E * ' '
  • 15. $ 6 6C D 6 8 $3 ) 2' 8 9 9 9 9 4 4 4 4 8* E * ' '
  • 16. Second Quarter 2004 Earnings International Conference-Call A World Class Brazilian Petrochemical Company A World Class Brazilian Petrochemical Company