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New Horizons:
Perpetuity with Sustainable Development
São Paulo, November 19, 2010
Meeting Schedule
Meeting Schedule
SUBJECT LECTURER THEME TIME
egistration and breakfast 8 am - 8:30 am
Opening and Introduction Márcio Batista Welcome 8:30 am - 8:40 am
Retrospective Arthur Piotto 2010
8:40 am - 9:30 amMacro-economical Scenario
Jurandir Fernandes Transportation SP 9:30 am - 10:30 am
Coffee Break 10:40 am - 11 am
Growth of Current Portfolio 11:15 am - 11:35 am
nfrastructure Scenario
Economy
10:30 am - 10:40 am
Growth of Current Portfolio 11:35 am - 11:50 am
inancial Strategy Arthur Piotto Financial 12:30 pm - 12:50 pm
Questions and Answers 1 pm - 1:20 pm
Closing Lunch 1:20 pm - 3 pm
Growth - New Businesses Leonardo Vianna 11:50 am - 12:30 pm
Gustavo Loyola
inal Consideration Márcio Batista Closing
Current PortfolioJosé Braz
Opportunities
Italo Roppa
12:50 pm - 1 pm
Current Portfolio
Opening
Macro-economical Scenario
Perspectives for Brazil
Gustavo Loyola
Metropolitan Transportation in SP
Perspectives
Jurandir Fernandes
Retrospective
In the last CCR Day…
add value in several ways:
But we can
1 Developing the
Current
Portfolio
• Traffic Growth
• Increase of Operational Efficiency
• Additional Investments in the Portfolio
• Optimization of the Capital Structure (Re-leverage)
2 Developing New
Businesses
• Road Secondary and Primary Markets
• Subways and Light Rails
• Urban Mobility
• Logistics
Coffee Break
Current Portfolio
Developing the Potential
Italo Roppa
1 Traffic Growth
• Low Density of Vehicles per Inhabitant in Brazil
• Expectation of Strong Economic Growth
• Perspective of Credit Growth
2 Addendum to
Agreements
• Investments for the Improvement of Vehicles Flow
• Increase of the Managed Road Network
• Expansion of the Road Capacity
still shows a great unexplored potential:
The current portfolio
Traffic
Traffic
Penetration of Vehicles – Motorization vs. per capita GDP
China
Mexico
Brazil
Chile
Poland
Czech Republic
Spain
Japan
Belgium
Netherlands
France
Italy
USA
Nominal Per Capita GDP (US$)
Motorizationper1,000
inhabitants
• The strong credit expansion allowed
a great acceleration in the sales of
vehicles;
• However, the vehicle/inhabitant ratio
in Brazil is still in quite low levels
Sales of Vehicles - Brazil (Million)
CAGR – 3%
CAGR – 11%
CAGR – 4%
CAGR – 7%
CAGR 05-10: 18.7%
Vehicles Fleet - Brazil (Million)
CAGR 05-10: 6.5%
*Source: Roland Berger/Anfavea/CCR
Traffic 2010Highlights
2RodoAnel • The traffic in the concessionaire grows firmly
1Consolidated
Traffic
• 3Q10 x 3Q09  The strong economic recovery has compensated the low
growth year in 2009.
• Oct/10 registered the greatest traffic in history.
• Preliminary data from Nov/10 suggest new records.
ConsolidatedTrafficGrowth2010
(EquivalentVehicles–YoY)
Historic
elasticity:
1.5x GDP
10M0910M09 10M1010M10
Strong recovery of commercial traffic. Firm growth of light vehicles traffic.
Traffic 2010 - RodoAnel
The global crisis had an
impact on the traffic
foreseen in the proposal
Quite evident ramp up effect
Positive expectation about
the impact of the southern
stretch after improvements,
the construction of the
eastern stretch and the
restrictions for the traffic of
vehicles in the streets of
the city.
RodoAnel 2010 – (YoY)RodoAnel – Monthly VEQ
5.5
6.5
7.5
8.5
9.5
10.5
11.5
VEQ in Million Linear (VEQ in Million)
J F M A M J J A S O N D J F M A M J J A S O
20092009 20102010
10.7%
7.7%
8.9%
27.0%
25.3%
19.1% 19.6%
23.9% 24.1%
17.7%
J F M A M J J A S
O
Potential of Additional Investments
Anhanguera II
Project
(connection to
CEAGESP)
Improvements in
the SP-324
Highway
Improvements on
the Initial Stretch
of Raposo Tavares
Highway
Direct Connection
of Castello Branco
Highway to
CEAGESP
Potential of the Current Portfolio
New Investment Opportunities…
Identified Needs: R$ 2,200M
AutoBAn
R$ 360 M
AutoBAn
R$ 179 M
ViaOeste
R$ 1,600 M
ViaOeste
R$ 67 M
...trying to improve the flow and the quality of the
roads, developing the area.
Before
Anhanguera Complex
1st
Stage
Junction and improvements
at Marginal Tietê
R$ 530
million
Finished Addendum to Agreements
AutoBAn
After
R$ 360
million
Identified Opportunities
AutoBAn
Anhanguera
Complex
2nd
Stage
Investments on SP-324
AutoBAn
CEAGESP
Cebolão Project
2nd
Phase
Direct Connection of
Castello Branco Highway
to CEAGESP
Investments
ViaOeste
Detail of the Arrival of Raposo Tavares in the
City of São Paulo Today
Investments
ViaOeste
Castello Branco Highway
Raposo Tavares Highway
Detalhe da
chegada da
Raposo Tavares
na cidade de São
Paulo hoje
Investments
ViaOeste
Improvements in the
initial stretch of Raposo
Tavares Highway –
between km 9.8 and km
34.0
Current Portfolio
Developing the Potential
José Braz
Direct connection of
the Bridge to Linha
Vermelha (Red Line),
with an approximate
extent of 2.3 Km
Implementation of a
new track at Serra
das Araras,
complement of
riverside roads,
environment
Duplication of BR
277
Duplication of BR
376
Improvements of
safety Infrastructure
in the highway
Potential of the Current Portfolio
Several investment needs have been identified...
Identified Needs: R$ 2,805M
Ponte
R$ 205M
NovaDutra
R$1,500M
RodoNorte
R$1,000M
ViaLagos
R$100M
... trying to improve the flow and the quality of the
roads, developing the area.
Investments
Basic Project for the Connection of the Bridge to Linha Vermelha
Rio-Niterói Bridge
Linha
Vermelha
Bridge-Linha
Vermelha
Connection
R$ 205
million
Connection of the Bridge to Linha Vermelha
Current
Downhill Roadway
Investments
NovaDutra
Uphill Roadway
Serra das Araras
Downhill Roadway
R$ 1,500
million
Investments
RodoNorte – Duplication of BR 277 – BR 376
VDM 4,770 V/DAYVDM 9,255 V/DAY
VDM 22,939 V/DAY
Paranaguá Port
Investments
ViaLagos – Highway Safety Infrastructure Improvements
New Businesses
Various Opportunities
Leonardo Vianna
Leader in electronic
collection
technology in tolls
and parking lots
Line 4 of the
São Paulo city
subway
Vehicle emissions
inspection in the city
of São Paulo
Urban Mobility
New Businesses
STP ViaQuatro Controlar
STP
Payment Services and Technology
Highlights Present in 6 States
Leader in electronic collection technology in
tollhs and parking lots
Present in 6 States: SP, RJ, MG, PR, SC e RS
Coverage of over 92% of all toll roads
Present in 67 parking lots (Malls, Airports, etc.)
Represents up to 70% of the traffic in some toll plazas
Over 45 million monthly electronic transactions
Transactional volume of over R$ 5 billion
Over 2.400.000 cars with the device installed
STP – Payment Services and Technology
Gross Revenue (R$ MM) Quantity of TAG`s installed
CAGR 38%
CAGR 36%
E E
STP – Payment Services and Technology
Improvement and Development of New Opportunities
Improve the company’s
business model, identifying
the one that increases the
profitability of its
shareholders
Identify and develop new
business opportunities;
increase the range of
activity of STP
1 2
Value Creation
Hiring of an Advisor to Assist with the New Business Plan
Controlar
27 centers currently in operation
9M10 – 2.200 thousand inspections carried
out;
Estimated revenue for 2010: R$ 190 million
Consolidated data in 2010:
2010 Highlights
Inspection increase  Authorization from
the city hall for the electronic control through
radars that read car plates. Fines of up to
R$2.200 per month
Expectations for 2011
Gross Revenue (R$ MM) Quantity of Inspections Carried Out
CAGR 49%
CAGR 39%
E E
Improvement and
Development of New
Opportunities
Vehicle Inspection Centers
Inspection Centers
Inaugurated in 2010
• Casa Verde
• Morumbi I and II
• Parque do Carmo I
and II
• Tatuapé
ViaQuatro
Highlights
Paulista and Faria Lima Stations in
Operation as of May/10
May - November/10 – Approximately 12
thousand passengers/day
Phase I
Butantã, Pinheiros,
República and Luz Stations
770 thousand
passengers/day (full year)
Phase II
Higienópolis, Oscar Freire,
Fradique, Morumbi, Vila
Sônia Stations
230 thousand
passengers/day (full year)
ViaQuatro Project
Above expectations...
1st Stage 2nd Stage
Long Term
Financing
Supply
Contracting
Contract
Signature
Receiving of
1st and 2nd
Train
Nov/06
Aug/07
Nov/07
May/08
Oct/08
May/06
Nov/09
Dec/09
Operational
Tests
Bidding
O.S.
Project
O.S.
Manufacture
Boarding
1st
and 2nd
Train
Organizational Evolution and Contract Management
ViaQuatro Project
above expectations...
Revenue 400
Passengers/day 770
No
Trains 14
3rd Stage
Mai/10
Paulista and
Faria Lima
Stations
25/05
Commercial
Operation
21/06
Jun/10 Butantã and
Pinheiros
Next Steps
República
and Luz
End of
Phase I
Organizational Evolution and Contract Management
Full Year Phase I
Some Growth Options and their Respective Terms for
EBITDA Generation
CCR’s Strategic Planning
Short-Term
Opportunities of Road Concessions in Brazil
and Abroad:– Brownfield and Greenfield
Acquisitions of Road Concessions in Brazil
and Abroad
Additional investments to the Current Portfolio
Development of Projects Initiated during the last
years: ViaQuatro, RodoAnel, Controlar
1
2
3
4
Expansion of Businesses with potential
- STP
- Controlar
Primary Market of Subways, VLTs and
BRTs
Secondary Market of Subways, VLTs
and BRTs
Take Advantage of Attractive
Opportunities Abroad :
– Peru
– Colombia
– México
– Central America (Panamá, Costa
Rica and Porto Rico)
Mid-Term
5
6
7
EBITDAGeneration
Time
2011-2012 2013-2015
Concessions in São
Paulo
3rd round of concessions to be auctioned in the
State of São Paulo
Urban Transport Multiple projects in the Country, including subways/
trains in the cities of Curitiba, Brasília and Porto
Alegre
Correlated
Businesses
Parking lots, vehicle inspection, logistics, etc
Concessions in
Minas Gerais Concessions to undergo bidding in the State of Minas
Gerais
Federal Concessions
Program 3rd and 4th rounds expected for 2011/2012
Consolidation
(Secondary Market)
Rodoanel
We did not participate in the Auction for the South and
East Section
Opportunities of acquisition of selected road concessions
of investment
Multiple Opportunities
Concessions in
São Paulo
3rd round of concessions to be auctioned in the
State of São Paulo
Urban Transport Multiple projects in the Country, including subways/
trains in the cities of Curitiba, Brasília and Porto
Alegre
Correlated
Businesses
Parking lots, vehicle inspection, logistics, etc
Concessions in
Minas Gerais Concessions to undergo bidding in the State of Minas
Gerais
Federal Concessions
Program 3rd and 4th rounds expected for 2011/2012
Consolidation
(Secondary Market)
Rodoanel
We did not participate in the Auction for the South and
East Section
Acquisition of SPVias
of investment
Multiple Opportunities
AutoBAn – 316,8 km
NovaDutra – 402 km
(in SP – 231,6 km)
ViaOeste – 168,6 km
RodoAnel – 32 km
Renovias* – 345,6
km
SPVias – 515km
* CCR has participation of 40% in the
Renovias Concessionaire (345,6 km)
São Paulo
Concessionaires
SPVias
SPVias
Acquisition of R$ 1,3bi of SPVias
241,8
272,8
300,2
2007 2008 2009
155,7
189,1
219,7
2007 2008 2009
72,3 73,9
97,3
2007 2008 2009
Net Revenue (R$ M) EBITDA (R$ M) Net Profit$ M)
The values presented above consider the margins and operational results in the standard adopted for analysis of these items in the CCR Group.
6th Largest Road
Concessionary in Brazil in
Revenues
Equivalent Vehicles (millions)
46,2
48,5
49,5
2007 2008 2009
Elasticity of the
Period: 1,42x GDP
São Paulo
Concessions in São
Paulo
3rd round of concessions to be auctioned in the
State of São Paulo
Urban Transport Multiple projects in the Country, including subways/
trains in the cities of Curitiba, Brasília and Porto
Alegre
Correlated
Businesses
Parking lots, vehicle inspection, logistics, etc
Concessions in Minas
Gerais Concessions to undergo bidding in the State of Minas
Gerais
Federal Concessions
Program 3rd and 4th rounds expected for 2011/2012
Consolidation
(Secondary MArket)
Rodoanel
Opportunities of acquisition of selected road concessions
of Investment
Multiple Opportunities
We did not participate in the Auction for the South and
East Section
Rodoanel South and East
Auction Result
Dutra
Ayrton Senna
Fernão Dias
Anhhangüera/
Bandeirantes
Castello Branco
Raposo Tavares
West Section
South
SectionEast Section
Concessions operated by CCR
North Section
Régis Bittencourt
Imigrantes
Anchieta
Participants* Discount IRR NPV
1º SPMar Consortium 63,4% N/A (2.898.841)
2º Serramar Road Consortium 12,0% 6,8% (188.914)
3º Rodoanel South and East Consortium 5,1% 7,4% 101.485
Scenery
considering
CCR premises
Road Concessions in
São Paulo 3rd round of concessions to be auctioned in the State
of São Paulo
Road Concessions in
Minas Gerais Concessions to undergo bidding in the State of Minas
Gerais
Federal Highways
Concessions 3rd and 4th rounds expected for 2011/2012
Projects World
Cup/Olympics VLT, Subways, Highways
Urban Transport Multiple projects in the Country, including subways/ trains
in the cities of Curitiba, Brasília and Porto Alegre
Consolidation
(Secondary Market)
Opportunities of acquisition of selected road concessions
of investment
Multiple Opportunities
New Phase of Investments in Infrastructure
2014 e 2016
Porto Alegre: 5.0
Curitiba: 4.5
Rio de
Janeiro: 11.0
Salvador:5.0
R$86 billionR$86 billion
2016 Olympics in Rio:
Preliminary estimates indicate an investment necessity close to US$
14,4 billion
Investments in infrastructure for the 2014 World Cup
Recife: 5.0
Fortaleza: 9.4
Natal:
3.5
BH: 1.5
DF (1)
: 3.5
Cuiaba 3.0
Manaus 1.5
Sao Paulo: 33.4
Significant investment necessities in urban
transport infrastructure…
…strengthened due to the 2014 World Cup
and 2016 Olympics
• Brasilia Subway: R$1 billion
• Porto Alegre Subway: R$ 2.5 billion
• Curitiba Subway: R$ 2 billion + R$ 200 million (urban
transport
• VLT in Fortaleza: R$ 565 million
• VLT in Natal: R$ 878 million
Urban Transport ProjectsUrban Transport Projects
• Parking lots, vehicle inspection in metropolitan
regions, other concession models
• Airport Express (Guarulhos)
• TAV – High Speed Train (Campinas – São
Paulo – Rio de Janeiro)
Source: Federal Government / State Government
(1) Federal District
Correlated BusinessesCorrelated Businesses
A - Corridor EPTG
B – Subway Line 1
C - Corridor Gama-Santa Maria
D – Light Rail Vehicle ( VLT )
Integrated Brasília Program
• The Blue Line will be 22 km long, where 3Km will
be an elevated track and the remaining 19km
underground
• Total estimated investment: R$ 2 billion
• Will connect the future CIS South Terminal to the
BR-116 and the Santa Cândida Terminal, located
in the North region of the city
• 22 Stations are foreseen, with an average distance
of 900 meters between each other
Curitiba Subway
• CCR won the bidding to execute the viability
studies and develop the project
• Revitalize the whole region and integrate the
harbor neighborhoods with the central region
• Connect the main transport axis of the central
area of the city, as well as tourist attractions
and/or of great current and projected circulation
for the region
• Connect on one side, the Central Business
Area to the Santos Dumont Airport and Gloria,
and on the other, the Gasômetro area, the TAV
Station (High Speed Trains) in Leopoldina and
the Estácio Subway Station
• Reduce the environmental impacts
Implementation of the VLT in the Harbor and Central Regions in Rio de Janeiro
Light Rail Vehicle (VLT) - RJ
• Construction and Implementation of
the subway line, including the
permanent track, that starts on the
Araribóia Station( Niterói ) and ends
on the Guaxindiba Station (São
Gonçalo)
• Approximate extension of 23km, of
which 18,8 km on elevated tracks and
4,2km on surface tracks, including the
elevated stations of Araribóia, Jansen
de Melo, Barreto, Neves, Vila Laje,
Paraíso, Parada 40, Zé Garoto,
Mauá, Antonina, Trindade, Alcântara
(12) and the surface stations of
Jardim Catarina and Guaxindiba (2),
the maneuvering Parks Barreto e
Guaxindiba (2) and all the civil works
on the referred Allotment
Araribóia Station ( Niterói ) – Guaxindiba Station (São Gonçalo)
Line 3 (Allotment 2) - RJ
Express Track connecting Barra da Tijuca to
Deodoro, Américas Avenue to Brasil Avenue
Transolympic Project (PPP) - RJ
Video
Road Concessions in
São Paulo
3rd round of concessions to be auctioned in the State
of São Paulo
Road Concessions in
Minas Gerais Concessions to undergo bidding in the State of Minas
Gerais
Concessions of Federal
Highways 3rd and 4th rounds expected for 2011/2012
Consolidation
(Secondary MArket)
Opportunities of acquisition of selected road concessions
of investment
Multiple Opportunities
3rd Stage of the State of São Paulo
Extension without
Vicinal
Lot 01 North Coast/Tamoios 538
Lot 02 South Coast 107,6
645,6
Lot 03 Piedade 369,49
Lot 04 Circuito das Águas 402,16
Lot 05 Jaú 875,06
Lot 06 Médio Tietê 665,06
Lot 07 Marília 325,52
Lot 08 Penápolis 447,46
Lot 09 Presidente Prudente 604,22
Lot 10 Euclides da Cunha Leste 489,85
Lot 11 Baixo Tietê 358,5
Lot 12 Barretos 602,55
Lot 13 Ribeirão Preto 455,75
Lot 14 Raposo Central 345,74
5.941,36
6.586,96
Allotments of the 3rd Stage São Paulo
SUBTOTAL
SUBTOTAL
TOTAL
Estimated investments
approximately
R$19 bi
Estimated investments
approximately
R$19 bi
Concession
Term:
25 years
Concession
Term:
25 years
State of Minas Gerais Program
Extension
(Km) (R$ M)
1 Divinópolis 406,7 553.7
2 Pouso Alegre 341,8 511.7
3 Curvelo 336,9 489.7
4 Uberaba 405,5 534.2
5 Itajubá 472,6 716.0
6 Montes Claros 392,9 620.0
7 Lago de Furnas 265,7 369.4
8 Uberlândia 322,7 614.9
9 Patos de Minas 273,9 383.2
10 Ouro Preto 275,0 527.1
11 São João del Rei 343,8 550.2
12 Formiga/Oliveira 232,0 356.2
13 Varginha 261,4 504.7
14 Caxambu 336,5 514.0
15 Poços de Caldas 321,2 459.6
16 Juiz de Fora 412,6 693.3
17 Araxá 365,3 519.5
5.766,5 8.918.2
Minas Gerais
Program
TOTAL
Concession
Term:
25 years
Concession
Term:
25 years
Concession Term: 25 years.Concession Term: 25 years.
BR- 040 (DF/GO/MG) - Juiz de
Fora - Brasília
Extension (km)
Total Investment
936,8
R$ 3,3 bi
BR- 116 (MG) - Além Paraíba -
Divisa MG / BA
Extension (km)
Total Investment
817,0
R$ 4,2 bi
BR- 101 (ES) / Mucuri (BA)
Extension (km)
Total Investment
475,9
R$ 2,5 bi
3rd Stage of the Federal Program
Considering just some of the expected
opportunities, the pipeline for the next
years is :
Urban Transport
Estimated investment projects of R$ 5 bi
Concessions in São Paulo
Estimated investment projects of R$ 20 bi
Concessions in
Minas Gerais Estimated investment projects of R$ 10 bi
Federal Concessions
Program Estimated investment projects of R$ 9,5 bi
Expected projects of
our interest which
shall demand over
R$50 bi during the
coming years.
Multiple Opportunities
of investment
Financial Strategy
Generate Value and Investment Capacity
Arthur Piotto
Investment Capacity
Financial Strategy
Maximum Indebtedness
of 3.0x Net Debt /
EBITDA
Commitment of Paying a
Minimum of 50% of Net
Profit as Dividend
Growth of the Company
will be Financed Through
Leverage
Financial Strategy
...but still don’t fully consider the additional cash generation
The leverage indexes incorporate investments
in new assets
ViaQuatro, RodoAnel, Controlar, SPVias...
Gross Indebtedness (R$ bi) Net Indebtedness (R$ bi)
Financial Strategy
Exchange rate variation contributes to cost reduction of the debt on 3Q10
Opening of the debt through indexer 3Q10 Evolution of the Average Cost of the Debt in
R$
* In nominal R$
Amortization Schedule
Schedule 3Q10 for debt amortization (R$ M) Expected schedule of debt amortization (R$ M)
642
847
735
859
1031
284
202 195
29 23 43
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
andso
on
642
565
527 531
589 570
489
539
372
23
43
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
andso
on
• Amortization flow suitable to generate cash
• No payments focused on the next year
• Big part of the payments are from projects performed for easy refinancing
Investment Capacity
• Projects preformed with significant additional debt capacity.
• Structure target of 70% debt for new projects always seeking for Project Finance.
Current Situation
Additional Investment
capacity of R$1,7 bi
Level of Leverage per Concessionaire (Div. Liq./EBITDA)
0,30
0,50
0,76
0,84
0,91
1,12
1,30
1,90
0,00 0,50 1,00 1,50 2,00
Ponte
RodoNorte
Renovias
AutoBAn
NovaDutra
Controlar
ViaLagos
ViaOeste
Situation for New Projects
Investment capacity
for 2011 of ~ R$ 3,5 bi
Current Situation
Investment capacity
of R$1,7 bi
Quick deleverage in
2011 with the
maturation of early-
staged projects
(1) EBITDA considered for the calculation, the market consensus of R$2,350 M for 2010.
Investment Capacity
Dividends
We reiterate the commitment to pay at least
50% of the net profit in dividends.
Received Dividends
• Until Oct/10: R$ 495 million
• Predicted for 2010: R$ 775 million
Dividend Yield*
Payout (Cash)
* Considering cash dividend
E
E
Payout average history
over 70%
From 2004 the average
payout was 83%
Control Block Composition
Direct and indirect
shareholders
Final Considerations
Márcio Batista
Long-term
8
9
Expertise in management
services:
• Road services
(maintenance, signaling
and operation)
• Urban solutions (parking
lots)
Search for new businesses that
bring innovation and growth
• solutions for cargo
transportation, including
highway opportunities in
other Brazilian states
Some growth options and respective deadlines for generating
EBITDA
The CCR Strategic Planning
18 a 36 Meses
EBITDAGeneration
Time
2011-2012
Expansion of Business with great
potential:
- STP
- Controlar
Primary Market of Subways, VLTs
and BRTs
Secondary Market of Subways
VLTs and BRTs
Use Attractive Opportunities
Abroad
– Peru
– Colombia
– México
– Central America (Panamá,
Costa Rica and Porto Rico)
2013-2015
Medium
Term
5
6
7
Short Term
Road concession opportunities in Brazil and
abroad: – Brownfield and Greenfield
Acquisition of highway concessions in Brazil
and abroad
Additional Investments in the Current Portfolio
Development of Projects initiated the years before:
ViaQuatro, RodoAnel, Controlar
1
2
3
4
2015-2020
Highlights
Leadership Program Development
• Short Term Leadership Training
• Knowledge Management in Medium and Long Terms
• Sustainable Growth
PDL
With the goal to develop the leaders according to the skills
of CCR Group, through a process aligned with the basic
business definitions, challenges and strategic growth of
CCR Group, we developed a Leadership Development
Program, in partnership with Fundação Dom Cabral (FDC)
Highlights
IBTTA International reward
CCR received the international IBTTA
award and the recognition of the best in
Social Responsibility focused on
Education and Traffic Safety with the
project “Estrada para a Cidadania” (Road
to Citizenship).
IBTTA is the largest and most important
international association for the highway
concession and every year promotes a
competition among its 250 associates in
23 countries on the 6 continents,
rewarding the best initiative on Corporate
Responsibility.
IBTTA award
Highlights
IR International reward
Ranking of Institutional Investor
magazine, over 50 years of
history and circulating in several
countries of America, Europe and
Asia, highlighted the CCR
Investor Relations team as the
best among the transport,
industry and aviation sectors.
IR award
Sustainability
What are the Sustainability
Challenges?
What are the opportunities from
this Challenges?
Sustainability
Sustainability is an
opportunity to Create value
EconomicEconomic
SocialSocial EnvironmentalEnvironmental
Sustainable
Value
Social
Environmental
Eco-efficiency
Social
Economic
Sustainability
Sustainability is an
opportunity to Create Value
EconomicEconomic
SocialSocial EnvironmentalEnvironmental
Sustainable
Value
Social
Environmental
Eco-efficiency
Social
Economic
Valuation
Reputatio
n and
Corporate
Value
Risk
Managment
Operational
Efficiency
Thank you!

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Cc rday ing

  • 1. New Horizons: Perpetuity with Sustainable Development São Paulo, November 19, 2010
  • 3. Meeting Schedule SUBJECT LECTURER THEME TIME egistration and breakfast 8 am - 8:30 am Opening and Introduction Márcio Batista Welcome 8:30 am - 8:40 am Retrospective Arthur Piotto 2010 8:40 am - 9:30 amMacro-economical Scenario Jurandir Fernandes Transportation SP 9:30 am - 10:30 am Coffee Break 10:40 am - 11 am Growth of Current Portfolio 11:15 am - 11:35 am nfrastructure Scenario Economy 10:30 am - 10:40 am Growth of Current Portfolio 11:35 am - 11:50 am inancial Strategy Arthur Piotto Financial 12:30 pm - 12:50 pm Questions and Answers 1 pm - 1:20 pm Closing Lunch 1:20 pm - 3 pm Growth - New Businesses Leonardo Vianna 11:50 am - 12:30 pm Gustavo Loyola inal Consideration Márcio Batista Closing Current PortfolioJosé Braz Opportunities Italo Roppa 12:50 pm - 1 pm Current Portfolio
  • 6. Metropolitan Transportation in SP Perspectives Jurandir Fernandes
  • 8. In the last CCR Day…
  • 9. add value in several ways: But we can 1 Developing the Current Portfolio • Traffic Growth • Increase of Operational Efficiency • Additional Investments in the Portfolio • Optimization of the Capital Structure (Re-leverage) 2 Developing New Businesses • Road Secondary and Primary Markets • Subways and Light Rails • Urban Mobility • Logistics
  • 11. Current Portfolio Developing the Potential Italo Roppa
  • 12. 1 Traffic Growth • Low Density of Vehicles per Inhabitant in Brazil • Expectation of Strong Economic Growth • Perspective of Credit Growth 2 Addendum to Agreements • Investments for the Improvement of Vehicles Flow • Increase of the Managed Road Network • Expansion of the Road Capacity still shows a great unexplored potential: The current portfolio
  • 14. Traffic Penetration of Vehicles – Motorization vs. per capita GDP China Mexico Brazil Chile Poland Czech Republic Spain Japan Belgium Netherlands France Italy USA Nominal Per Capita GDP (US$) Motorizationper1,000 inhabitants • The strong credit expansion allowed a great acceleration in the sales of vehicles; • However, the vehicle/inhabitant ratio in Brazil is still in quite low levels Sales of Vehicles - Brazil (Million) CAGR – 3% CAGR – 11% CAGR – 4% CAGR – 7% CAGR 05-10: 18.7% Vehicles Fleet - Brazil (Million) CAGR 05-10: 6.5% *Source: Roland Berger/Anfavea/CCR
  • 15. Traffic 2010Highlights 2RodoAnel • The traffic in the concessionaire grows firmly 1Consolidated Traffic • 3Q10 x 3Q09  The strong economic recovery has compensated the low growth year in 2009. • Oct/10 registered the greatest traffic in history. • Preliminary data from Nov/10 suggest new records. ConsolidatedTrafficGrowth2010 (EquivalentVehicles–YoY) Historic elasticity: 1.5x GDP 10M0910M09 10M1010M10 Strong recovery of commercial traffic. Firm growth of light vehicles traffic.
  • 16. Traffic 2010 - RodoAnel The global crisis had an impact on the traffic foreseen in the proposal Quite evident ramp up effect Positive expectation about the impact of the southern stretch after improvements, the construction of the eastern stretch and the restrictions for the traffic of vehicles in the streets of the city. RodoAnel 2010 – (YoY)RodoAnel – Monthly VEQ 5.5 6.5 7.5 8.5 9.5 10.5 11.5 VEQ in Million Linear (VEQ in Million) J F M A M J J A S O N D J F M A M J J A S O 20092009 20102010 10.7% 7.7% 8.9% 27.0% 25.3% 19.1% 19.6% 23.9% 24.1% 17.7% J F M A M J J A S O
  • 17. Potential of Additional Investments
  • 18. Anhanguera II Project (connection to CEAGESP) Improvements in the SP-324 Highway Improvements on the Initial Stretch of Raposo Tavares Highway Direct Connection of Castello Branco Highway to CEAGESP Potential of the Current Portfolio New Investment Opportunities… Identified Needs: R$ 2,200M AutoBAn R$ 360 M AutoBAn R$ 179 M ViaOeste R$ 1,600 M ViaOeste R$ 67 M ...trying to improve the flow and the quality of the roads, developing the area.
  • 19. Before Anhanguera Complex 1st Stage Junction and improvements at Marginal Tietê R$ 530 million Finished Addendum to Agreements AutoBAn After
  • 22. CEAGESP Cebolão Project 2nd Phase Direct Connection of Castello Branco Highway to CEAGESP Investments ViaOeste
  • 23. Detail of the Arrival of Raposo Tavares in the City of São Paulo Today Investments ViaOeste Castello Branco Highway Raposo Tavares Highway
  • 24. Detalhe da chegada da Raposo Tavares na cidade de São Paulo hoje Investments ViaOeste Improvements in the initial stretch of Raposo Tavares Highway – between km 9.8 and km 34.0
  • 25. Current Portfolio Developing the Potential José Braz
  • 26. Direct connection of the Bridge to Linha Vermelha (Red Line), with an approximate extent of 2.3 Km Implementation of a new track at Serra das Araras, complement of riverside roads, environment Duplication of BR 277 Duplication of BR 376 Improvements of safety Infrastructure in the highway Potential of the Current Portfolio Several investment needs have been identified... Identified Needs: R$ 2,805M Ponte R$ 205M NovaDutra R$1,500M RodoNorte R$1,000M ViaLagos R$100M ... trying to improve the flow and the quality of the roads, developing the area.
  • 27. Investments Basic Project for the Connection of the Bridge to Linha Vermelha Rio-Niterói Bridge Linha Vermelha Bridge-Linha Vermelha Connection R$ 205 million
  • 28. Connection of the Bridge to Linha Vermelha
  • 29. Current Downhill Roadway Investments NovaDutra Uphill Roadway Serra das Araras Downhill Roadway R$ 1,500 million
  • 30. Investments RodoNorte – Duplication of BR 277 – BR 376 VDM 4,770 V/DAYVDM 9,255 V/DAY VDM 22,939 V/DAY Paranaguá Port
  • 31. Investments ViaLagos – Highway Safety Infrastructure Improvements
  • 33. Leader in electronic collection technology in tolls and parking lots Line 4 of the São Paulo city subway Vehicle emissions inspection in the city of São Paulo Urban Mobility New Businesses STP ViaQuatro Controlar
  • 34. STP Payment Services and Technology Highlights Present in 6 States Leader in electronic collection technology in tollhs and parking lots Present in 6 States: SP, RJ, MG, PR, SC e RS Coverage of over 92% of all toll roads Present in 67 parking lots (Malls, Airports, etc.) Represents up to 70% of the traffic in some toll plazas Over 45 million monthly electronic transactions Transactional volume of over R$ 5 billion Over 2.400.000 cars with the device installed
  • 35. STP – Payment Services and Technology Gross Revenue (R$ MM) Quantity of TAG`s installed CAGR 38% CAGR 36% E E
  • 36. STP – Payment Services and Technology Improvement and Development of New Opportunities Improve the company’s business model, identifying the one that increases the profitability of its shareholders Identify and develop new business opportunities; increase the range of activity of STP 1 2 Value Creation Hiring of an Advisor to Assist with the New Business Plan
  • 37. Controlar 27 centers currently in operation 9M10 – 2.200 thousand inspections carried out; Estimated revenue for 2010: R$ 190 million Consolidated data in 2010: 2010 Highlights Inspection increase  Authorization from the city hall for the electronic control through radars that read car plates. Fines of up to R$2.200 per month Expectations for 2011 Gross Revenue (R$ MM) Quantity of Inspections Carried Out CAGR 49% CAGR 39% E E
  • 38. Improvement and Development of New Opportunities Vehicle Inspection Centers Inspection Centers Inaugurated in 2010 • Casa Verde • Morumbi I and II • Parque do Carmo I and II • Tatuapé
  • 39. ViaQuatro Highlights Paulista and Faria Lima Stations in Operation as of May/10 May - November/10 – Approximately 12 thousand passengers/day Phase I Butantã, Pinheiros, República and Luz Stations 770 thousand passengers/day (full year) Phase II Higienópolis, Oscar Freire, Fradique, Morumbi, Vila Sônia Stations 230 thousand passengers/day (full year)
  • 40. ViaQuatro Project Above expectations... 1st Stage 2nd Stage Long Term Financing Supply Contracting Contract Signature Receiving of 1st and 2nd Train Nov/06 Aug/07 Nov/07 May/08 Oct/08 May/06 Nov/09 Dec/09 Operational Tests Bidding O.S. Project O.S. Manufacture Boarding 1st and 2nd Train Organizational Evolution and Contract Management
  • 41. ViaQuatro Project above expectations... Revenue 400 Passengers/day 770 No Trains 14 3rd Stage Mai/10 Paulista and Faria Lima Stations 25/05 Commercial Operation 21/06 Jun/10 Butantã and Pinheiros Next Steps República and Luz End of Phase I Organizational Evolution and Contract Management Full Year Phase I
  • 42. Some Growth Options and their Respective Terms for EBITDA Generation CCR’s Strategic Planning Short-Term Opportunities of Road Concessions in Brazil and Abroad:– Brownfield and Greenfield Acquisitions of Road Concessions in Brazil and Abroad Additional investments to the Current Portfolio Development of Projects Initiated during the last years: ViaQuatro, RodoAnel, Controlar 1 2 3 4 Expansion of Businesses with potential - STP - Controlar Primary Market of Subways, VLTs and BRTs Secondary Market of Subways, VLTs and BRTs Take Advantage of Attractive Opportunities Abroad : – Peru – Colombia – México – Central America (Panamá, Costa Rica and Porto Rico) Mid-Term 5 6 7 EBITDAGeneration Time 2011-2012 2013-2015
  • 43. Concessions in São Paulo 3rd round of concessions to be auctioned in the State of São Paulo Urban Transport Multiple projects in the Country, including subways/ trains in the cities of Curitiba, Brasília and Porto Alegre Correlated Businesses Parking lots, vehicle inspection, logistics, etc Concessions in Minas Gerais Concessions to undergo bidding in the State of Minas Gerais Federal Concessions Program 3rd and 4th rounds expected for 2011/2012 Consolidation (Secondary Market) Rodoanel We did not participate in the Auction for the South and East Section Opportunities of acquisition of selected road concessions of investment Multiple Opportunities
  • 44. Concessions in São Paulo 3rd round of concessions to be auctioned in the State of São Paulo Urban Transport Multiple projects in the Country, including subways/ trains in the cities of Curitiba, Brasília and Porto Alegre Correlated Businesses Parking lots, vehicle inspection, logistics, etc Concessions in Minas Gerais Concessions to undergo bidding in the State of Minas Gerais Federal Concessions Program 3rd and 4th rounds expected for 2011/2012 Consolidation (Secondary Market) Rodoanel We did not participate in the Auction for the South and East Section Acquisition of SPVias of investment Multiple Opportunities
  • 45. AutoBAn – 316,8 km NovaDutra – 402 km (in SP – 231,6 km) ViaOeste – 168,6 km RodoAnel – 32 km Renovias* – 345,6 km SPVias – 515km * CCR has participation of 40% in the Renovias Concessionaire (345,6 km) São Paulo Concessionaires SPVias SPVias
  • 46. Acquisition of R$ 1,3bi of SPVias 241,8 272,8 300,2 2007 2008 2009 155,7 189,1 219,7 2007 2008 2009 72,3 73,9 97,3 2007 2008 2009 Net Revenue (R$ M) EBITDA (R$ M) Net Profit$ M) The values presented above consider the margins and operational results in the standard adopted for analysis of these items in the CCR Group. 6th Largest Road Concessionary in Brazil in Revenues Equivalent Vehicles (millions) 46,2 48,5 49,5 2007 2008 2009 Elasticity of the Period: 1,42x GDP São Paulo
  • 47. Concessions in São Paulo 3rd round of concessions to be auctioned in the State of São Paulo Urban Transport Multiple projects in the Country, including subways/ trains in the cities of Curitiba, Brasília and Porto Alegre Correlated Businesses Parking lots, vehicle inspection, logistics, etc Concessions in Minas Gerais Concessions to undergo bidding in the State of Minas Gerais Federal Concessions Program 3rd and 4th rounds expected for 2011/2012 Consolidation (Secondary MArket) Rodoanel Opportunities of acquisition of selected road concessions of Investment Multiple Opportunities We did not participate in the Auction for the South and East Section
  • 48. Rodoanel South and East Auction Result Dutra Ayrton Senna Fernão Dias Anhhangüera/ Bandeirantes Castello Branco Raposo Tavares West Section South SectionEast Section Concessions operated by CCR North Section Régis Bittencourt Imigrantes Anchieta Participants* Discount IRR NPV 1º SPMar Consortium 63,4% N/A (2.898.841) 2º Serramar Road Consortium 12,0% 6,8% (188.914) 3º Rodoanel South and East Consortium 5,1% 7,4% 101.485 Scenery considering CCR premises
  • 49. Road Concessions in São Paulo 3rd round of concessions to be auctioned in the State of São Paulo Road Concessions in Minas Gerais Concessions to undergo bidding in the State of Minas Gerais Federal Highways Concessions 3rd and 4th rounds expected for 2011/2012 Projects World Cup/Olympics VLT, Subways, Highways Urban Transport Multiple projects in the Country, including subways/ trains in the cities of Curitiba, Brasília and Porto Alegre Consolidation (Secondary Market) Opportunities of acquisition of selected road concessions of investment Multiple Opportunities
  • 50. New Phase of Investments in Infrastructure 2014 e 2016 Porto Alegre: 5.0 Curitiba: 4.5 Rio de Janeiro: 11.0 Salvador:5.0 R$86 billionR$86 billion 2016 Olympics in Rio: Preliminary estimates indicate an investment necessity close to US$ 14,4 billion Investments in infrastructure for the 2014 World Cup Recife: 5.0 Fortaleza: 9.4 Natal: 3.5 BH: 1.5 DF (1) : 3.5 Cuiaba 3.0 Manaus 1.5 Sao Paulo: 33.4 Significant investment necessities in urban transport infrastructure… …strengthened due to the 2014 World Cup and 2016 Olympics • Brasilia Subway: R$1 billion • Porto Alegre Subway: R$ 2.5 billion • Curitiba Subway: R$ 2 billion + R$ 200 million (urban transport • VLT in Fortaleza: R$ 565 million • VLT in Natal: R$ 878 million Urban Transport ProjectsUrban Transport Projects • Parking lots, vehicle inspection in metropolitan regions, other concession models • Airport Express (Guarulhos) • TAV – High Speed Train (Campinas – São Paulo – Rio de Janeiro) Source: Federal Government / State Government (1) Federal District Correlated BusinessesCorrelated Businesses
  • 51. A - Corridor EPTG B – Subway Line 1 C - Corridor Gama-Santa Maria D – Light Rail Vehicle ( VLT ) Integrated Brasília Program
  • 52. • The Blue Line will be 22 km long, where 3Km will be an elevated track and the remaining 19km underground • Total estimated investment: R$ 2 billion • Will connect the future CIS South Terminal to the BR-116 and the Santa Cândida Terminal, located in the North region of the city • 22 Stations are foreseen, with an average distance of 900 meters between each other Curitiba Subway
  • 53. • CCR won the bidding to execute the viability studies and develop the project • Revitalize the whole region and integrate the harbor neighborhoods with the central region • Connect the main transport axis of the central area of the city, as well as tourist attractions and/or of great current and projected circulation for the region • Connect on one side, the Central Business Area to the Santos Dumont Airport and Gloria, and on the other, the Gasômetro area, the TAV Station (High Speed Trains) in Leopoldina and the Estácio Subway Station • Reduce the environmental impacts Implementation of the VLT in the Harbor and Central Regions in Rio de Janeiro Light Rail Vehicle (VLT) - RJ
  • 54. • Construction and Implementation of the subway line, including the permanent track, that starts on the Araribóia Station( Niterói ) and ends on the Guaxindiba Station (São Gonçalo) • Approximate extension of 23km, of which 18,8 km on elevated tracks and 4,2km on surface tracks, including the elevated stations of Araribóia, Jansen de Melo, Barreto, Neves, Vila Laje, Paraíso, Parada 40, Zé Garoto, Mauá, Antonina, Trindade, Alcântara (12) and the surface stations of Jardim Catarina and Guaxindiba (2), the maneuvering Parks Barreto e Guaxindiba (2) and all the civil works on the referred Allotment Araribóia Station ( Niterói ) – Guaxindiba Station (São Gonçalo) Line 3 (Allotment 2) - RJ
  • 55. Express Track connecting Barra da Tijuca to Deodoro, Américas Avenue to Brasil Avenue Transolympic Project (PPP) - RJ Video
  • 56.
  • 57. Road Concessions in São Paulo 3rd round of concessions to be auctioned in the State of São Paulo Road Concessions in Minas Gerais Concessions to undergo bidding in the State of Minas Gerais Concessions of Federal Highways 3rd and 4th rounds expected for 2011/2012 Consolidation (Secondary MArket) Opportunities of acquisition of selected road concessions of investment Multiple Opportunities
  • 58. 3rd Stage of the State of São Paulo Extension without Vicinal Lot 01 North Coast/Tamoios 538 Lot 02 South Coast 107,6 645,6 Lot 03 Piedade 369,49 Lot 04 Circuito das Águas 402,16 Lot 05 Jaú 875,06 Lot 06 Médio Tietê 665,06 Lot 07 Marília 325,52 Lot 08 Penápolis 447,46 Lot 09 Presidente Prudente 604,22 Lot 10 Euclides da Cunha Leste 489,85 Lot 11 Baixo Tietê 358,5 Lot 12 Barretos 602,55 Lot 13 Ribeirão Preto 455,75 Lot 14 Raposo Central 345,74 5.941,36 6.586,96 Allotments of the 3rd Stage São Paulo SUBTOTAL SUBTOTAL TOTAL Estimated investments approximately R$19 bi Estimated investments approximately R$19 bi Concession Term: 25 years Concession Term: 25 years
  • 59. State of Minas Gerais Program Extension (Km) (R$ M) 1 Divinópolis 406,7 553.7 2 Pouso Alegre 341,8 511.7 3 Curvelo 336,9 489.7 4 Uberaba 405,5 534.2 5 Itajubá 472,6 716.0 6 Montes Claros 392,9 620.0 7 Lago de Furnas 265,7 369.4 8 Uberlândia 322,7 614.9 9 Patos de Minas 273,9 383.2 10 Ouro Preto 275,0 527.1 11 São João del Rei 343,8 550.2 12 Formiga/Oliveira 232,0 356.2 13 Varginha 261,4 504.7 14 Caxambu 336,5 514.0 15 Poços de Caldas 321,2 459.6 16 Juiz de Fora 412,6 693.3 17 Araxá 365,3 519.5 5.766,5 8.918.2 Minas Gerais Program TOTAL Concession Term: 25 years Concession Term: 25 years
  • 60. Concession Term: 25 years.Concession Term: 25 years. BR- 040 (DF/GO/MG) - Juiz de Fora - Brasília Extension (km) Total Investment 936,8 R$ 3,3 bi BR- 116 (MG) - Além Paraíba - Divisa MG / BA Extension (km) Total Investment 817,0 R$ 4,2 bi BR- 101 (ES) / Mucuri (BA) Extension (km) Total Investment 475,9 R$ 2,5 bi 3rd Stage of the Federal Program
  • 61. Considering just some of the expected opportunities, the pipeline for the next years is : Urban Transport Estimated investment projects of R$ 5 bi Concessions in São Paulo Estimated investment projects of R$ 20 bi Concessions in Minas Gerais Estimated investment projects of R$ 10 bi Federal Concessions Program Estimated investment projects of R$ 9,5 bi Expected projects of our interest which shall demand over R$50 bi during the coming years. Multiple Opportunities of investment
  • 62. Financial Strategy Generate Value and Investment Capacity Arthur Piotto
  • 63. Investment Capacity Financial Strategy Maximum Indebtedness of 3.0x Net Debt / EBITDA Commitment of Paying a Minimum of 50% of Net Profit as Dividend Growth of the Company will be Financed Through Leverage
  • 64. Financial Strategy ...but still don’t fully consider the additional cash generation The leverage indexes incorporate investments in new assets ViaQuatro, RodoAnel, Controlar, SPVias... Gross Indebtedness (R$ bi) Net Indebtedness (R$ bi)
  • 65. Financial Strategy Exchange rate variation contributes to cost reduction of the debt on 3Q10 Opening of the debt through indexer 3Q10 Evolution of the Average Cost of the Debt in R$ * In nominal R$
  • 66. Amortization Schedule Schedule 3Q10 for debt amortization (R$ M) Expected schedule of debt amortization (R$ M) 642 847 735 859 1031 284 202 195 29 23 43 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 andso on 642 565 527 531 589 570 489 539 372 23 43 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 andso on • Amortization flow suitable to generate cash • No payments focused on the next year • Big part of the payments are from projects performed for easy refinancing
  • 67. Investment Capacity • Projects preformed with significant additional debt capacity. • Structure target of 70% debt for new projects always seeking for Project Finance. Current Situation Additional Investment capacity of R$1,7 bi Level of Leverage per Concessionaire (Div. Liq./EBITDA) 0,30 0,50 0,76 0,84 0,91 1,12 1,30 1,90 0,00 0,50 1,00 1,50 2,00 Ponte RodoNorte Renovias AutoBAn NovaDutra Controlar ViaLagos ViaOeste
  • 68. Situation for New Projects Investment capacity for 2011 of ~ R$ 3,5 bi Current Situation Investment capacity of R$1,7 bi Quick deleverage in 2011 with the maturation of early- staged projects (1) EBITDA considered for the calculation, the market consensus of R$2,350 M for 2010. Investment Capacity
  • 69. Dividends We reiterate the commitment to pay at least 50% of the net profit in dividends. Received Dividends • Until Oct/10: R$ 495 million • Predicted for 2010: R$ 775 million Dividend Yield* Payout (Cash) * Considering cash dividend E E Payout average history over 70% From 2004 the average payout was 83%
  • 70. Control Block Composition Direct and indirect shareholders
  • 72. Long-term 8 9 Expertise in management services: • Road services (maintenance, signaling and operation) • Urban solutions (parking lots) Search for new businesses that bring innovation and growth • solutions for cargo transportation, including highway opportunities in other Brazilian states Some growth options and respective deadlines for generating EBITDA The CCR Strategic Planning 18 a 36 Meses EBITDAGeneration Time 2011-2012 Expansion of Business with great potential: - STP - Controlar Primary Market of Subways, VLTs and BRTs Secondary Market of Subways VLTs and BRTs Use Attractive Opportunities Abroad – Peru – Colombia – México – Central America (Panamá, Costa Rica and Porto Rico) 2013-2015 Medium Term 5 6 7 Short Term Road concession opportunities in Brazil and abroad: – Brownfield and Greenfield Acquisition of highway concessions in Brazil and abroad Additional Investments in the Current Portfolio Development of Projects initiated the years before: ViaQuatro, RodoAnel, Controlar 1 2 3 4 2015-2020
  • 73. Highlights Leadership Program Development • Short Term Leadership Training • Knowledge Management in Medium and Long Terms • Sustainable Growth PDL With the goal to develop the leaders according to the skills of CCR Group, through a process aligned with the basic business definitions, challenges and strategic growth of CCR Group, we developed a Leadership Development Program, in partnership with Fundação Dom Cabral (FDC)
  • 74. Highlights IBTTA International reward CCR received the international IBTTA award and the recognition of the best in Social Responsibility focused on Education and Traffic Safety with the project “Estrada para a Cidadania” (Road to Citizenship). IBTTA is the largest and most important international association for the highway concession and every year promotes a competition among its 250 associates in 23 countries on the 6 continents, rewarding the best initiative on Corporate Responsibility. IBTTA award
  • 75. Highlights IR International reward Ranking of Institutional Investor magazine, over 50 years of history and circulating in several countries of America, Europe and Asia, highlighted the CCR Investor Relations team as the best among the transport, industry and aviation sectors. IR award
  • 76. Sustainability What are the Sustainability Challenges? What are the opportunities from this Challenges?
  • 77. Sustainability Sustainability is an opportunity to Create value EconomicEconomic SocialSocial EnvironmentalEnvironmental Sustainable Value Social Environmental Eco-efficiency Social Economic
  • 78. Sustainability Sustainability is an opportunity to Create Value EconomicEconomic SocialSocial EnvironmentalEnvironmental Sustainable Value Social Environmental Eco-efficiency Social Economic Valuation Reputatio n and Corporate Value Risk Managment Operational Efficiency

Notas do Editor

  1. Past Average ROE 4 years: 33.2% EBITDA: R$ 1.1 billion EBITDA Mg.: 56.4% Present Average ROE 4 years: 38.9% EBITDA: ~ R$ 2 billion EBITDA Mg.: ~ 64% EBITDA: R$ 3.5 – R$ 4.5 billion World Cup 2014 Olympic Games 2016 Infrastructure Deficit Several Opportunities Secondary Market Subway Logistics Urban Mobility Developing the Current Portfolio Potential Reducing flight routes Maximization of ancillary revenues Addendum to agreements Increase of the collection basis Expansion of the current portfolio capacity 1998-2005 / 2006-2009 / Next 5 years
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  8. Review pictures CAPTIONS Municipality Seat System Roads Other Roads Municipality Border Main Roads Tolls
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  13. ´Figura que está por baixo: igual ao slide 10.
  14. Allotment 2 KEY: Elevated: 18,8 km Surface: 4,2 km
  15. Urban Transport: Multiple projects in the Country, including subways/ trains in the cities of Curitiba, Brasília and Porto Alegre Projects World Cup/Olympics: VLT, Subways, Highways
  16. Net Revenue Net Revenue/EBITDA
  17. KD Annualized
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  19. Deixar Gráfico Sem Brisa e Com Brisa