2. Highlight 4Q12 and 2012
Conclusion of the Delivery Cycle.
Reduction in the G&A of 16% in 4Q12 when compared with 4Q11.
Reduction of Corporate Debt by 29% in 2012.
Reduction in the inventory of Market Value by 48% in 2012.
4Q12 and 2012 2
3. Completion of Projects
Acqua Park II Valqueire II
Segment: Economy
Location: Guarulhos (SP) Segment: Economy
Location Vila Valqueire (RJ)
% Sold: 85%
Units: 332 % Sold: 95%
Units: 160
PSV: R$ 29,9mm (%CR2 R$25,6mm)
PSV: R$ 88,6mm (%CR2 R$88,6mm)
4Q12 and 2012 3
4. Contracted Sales
Net sales of 627 units in 2012
Vendas Contratadas Totais (R$mm)
95,7
+ 82%
52,7
18,6
6,3
4Q11
4T11 4Q12
4T12 2011 2012
4Q12 and 2012 4
5. Inventory
Reduction in the inventory of Market Value by 48% in 2012
R$86.1 mm, representing only 22.1% of the Company's net equity.
(R$ mm)
Inventory at Market Price* (R$'000) Units in Inventory
160,5 165,9 1.350
1.279
- 7,3% - 46%
- 48%
109,2 853 846
100,8
86,1 86,1 723 723
- 33,3%
- 0,8%
1Q12 2Q12 3Q12 4Q12 2011 2012 1Q12 2Q12 3Q12 4Q12 2011 2012
* Inventory at market price (%CR2)
4Q12 and 2012 5
6. Land Bank
Book Value Book/m² Total PSV
Project City (State) Segment % CR2
(R$'000 ) (R$) (R$mm)
Cidade Paradiso Nova Iguaçu (RJ) Economy 74.568 28 2.202 100%
Parque das Águas São Gonçalo (RJ) Economy 26.615 375 446 80%
Sta. Cecília – Madureira Nova Iguaçu (RJ) Economy 5.113 9 350 100%
Diamond White (Chafi Chaia) Campo Grande (RJ) Medium 2.099 525 22 80%
Diamond Black (Chafi Chaia) Campo Grande (RJ) Commercial 4.999 1.250 37 80%
Manaú 2 Guarulhos (SP) Economy 1.955 176 49 100%
Top Life Village (Colônia Paraíso) S. J. Campos (SP) Economy 4.083 110 39 100%
Total 119.432 35 3.146
% Projects PSV on our Land bank
5%
11%
Cidade Paradiso
14% Parque das Águas
70% Sta. Cecília – Madureira
Outros
4Q12 and 2012 6
12. Receivables
(R$'000) 4Q12 3Q12
Receivables from Real Estate Sales 316.066 326.178
Revenues to be Recognized 15.858 20.783
Advances from Clients (14.112) (15.790)
TOTAL Receivables from Clients 317.812 331.171
Receivable from Transfer of Receivables 34.581 46.075
Direct Financing 7.959 8.812
TOTAL Receivables 360.352 386.058
Total Receivables (R$'000) Total % Total
Performed 214.241 59%
2013+ (ex link) 21.931 6%
Link 124.181 34%
Total 360.353 100%
4Q12 and 2012 12
13. IR Contact
Investor Relations
Rogério Furtado
Chief Financial and Investor Relations Officer
Bruno Barreto Silva
Financial and Investor Relations Analyst
Contact:
www.cr2.com.br/ir
ri@cr2.com.br
Phone: +55 (21) 3095-4600 / 3031-4600
This presentation contains certain statements that are neither reported financial results or other historical information. They are forward-looking statements.
Because these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by
the statements. Many of these risks and uncertainties relate to factors that are beyond CR2’s ability to control or estimate precisely, such as future market
conditions, currency fluctuations, the behavior of other market participants, the actions of governmental regulators, the Company's ability to continue to obtain
sufficient financing to meet its liquidity needs; and changes in the political, social and regulatory framework in which the Company operates or in economic or
technological trends or conditions, inflation and consumer confidence, on a global, regional or national basis.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this document. CR2 does not
undertake any obligation to publicly release any revisions to these forward looking statements to reflect events or circumstances after the date of this
presentation.
4Q12 and 2012 13
