1March 31st, 2013COMPANHIA DE GÁS DE SÃO PAULOFinancial and Operational Results
DisclaimerThe statements contained in this report regarding the outlook on business,estimations on financial and operational results and growth prospects for COMGÁSare merely estimations and, as such, are based exclusively on managementexpectations regarding future events and tendencies, that affect or may affect thebusiness. These estimations are subject to many risks and uncertainties and aremade considering the information currently available, and depend, substancially onmarket conditions, the Brazilian economys performance, the business sector andinternational markets, and are therefore subject to change without pior notice.Because of these uncertainties, the investor should not make any investmentdecisions based on these estimations and declarations on future operations.
4Highlights1Q13 Total volume of 1,367mm³ during 1Q13, 15% above that of 1Q12; Growth of 44% in investments compared to 1Q12, summing R$ 175mm in 1Q13; EBITDA of R$ 314mm, variation of +43% compared to 1Q12, due to the regulatory current account; Network extension of 300 km during the quarter, 15% above that of the same period in 2012; Third issuance of the Company’s promissory notes in the value of R$ 400mm.
1Q12 1Q1368%6%4%3%2%17%66%5%0%20%7%2%+15%5Volumein million of m31,1871,367413.7 mi R$1.4 bi m³MarginVolume72,0%6,8%5,2%3,8%2,1%10,0%Industrial Cogeneration NGV Residential Commercial Thermal Generation
Investimentos10Investmentsin million of R$121175mar/12 mar/13+44%262300mar/12 mar/13Network Extension (in thousands of km)São João da Boa VistaHortolândiaMonte MorCapivariTaubatéPiracicabaOsasco IIRio ClaroMain Projects+15%
751244 162 186 101 1882975594 99 276 1472013 2014 2015 2016 2017 2018forwardLocal Currency ForeignCurrencyEstrutura de Endividamento299256 285377 3351,048Debt Structurein thousands of R$Debt Amortization Schedule (R$ mm) Debt Composition – Mar/13*EBITDA considering the last 12 monthsShortTerm40%LongTerm60%EIB20%BNDES41%Others38%Debt Mar 13 Mar 12Short Term Debt 1,048,314 708,298Long Term Debt 1,551,233 1,437,644Total Debt 2,599,547 2,145,942(-) Cash 327,504 104,341(=) Net Debt 2,272,044 2,041,601EBITDA 1,057,385 744,082Net Debt / EBITDA 2.15 2.74Short Term Debt / Total Debt 0.40 0.33
INVESTOR RELATIONSinvestidores@comgas.com.brwww.comgas.com.br/en/investorsROBERTO LAGECFO andIROANDRÉ SALGUEIROInvestor RelationsManagerRua Olimpíadas, nº 205, 9º floor - Vila Olímpia - CEP 04551-000 / São Paulo - SP - Brazil12