3. Jet Deliveries
202 + 2
169
130
2006 2007 2008
Highest deliveries in a year in the Company’s history, and consistent
Highest deliveries in a year in the Company’s history, and consistent
with delivery guidance.
with delivery guidance.
4. Net Revenue by Segment
2007 2008
Others
Others
3%
2%
Aviation Aviation
Services Services
10% 9%
Executive
Aviation
Executive
Commercial 14% Commercial
Aviation
16% Aviation Defense and Aviation
64% Government 67%
Defense and 8%
Government
7%
Diversification of revenues reduces the exposure to different
Diversification of revenues reduces the exposure to different
business cycles.
business cycles.
5. Net Revenue by Market
2007 2008
Others Others
Asia
8% 7%
Pacific
Brazil 6%
4% Asia Pacific
18%
North North
Latin
America America
America Brazil
46% 43%
12% 4%
Latin
Europe America
24% 10% Europe
18%
Risk mitigation of geographical exposure. Diversification!
Risk mitigation of geographical exposure. Diversification!
6. Net Revenue
US$ Million
25.3% 22.0% 21.2%
6,335
5,245
3,760
2006 2007 2008
Net Revenues Gross Margin
Stabilization trend on Gross Margin.
Stabilization trend on Gross Margin.
7. EBITDA
US$ Million
10.8% 9.6%
8.3%
6.3%
105
608
407
328
2006 2007 2008
EBITDA EBITDA Margin
Recovery process of EBITDA Margin and productivity gains.
Recovery process of EBITDA Margin and productivity gains.
8. Net Income
US$ Million
10.4% 9.3%
6.1%
489
390 389
2006 2007 2008
Net Income Net Margin
Operational hedge losses impact.
Operational hedge losses impact.
9. Net Cash
US$ Million
2,493
2,202
1,765
740
416 376
2006 2007 2008
Net Cash (Debt) Total Cash*
*Total cash do not include a US$ 500 MM credit facility.
*Total cash do not include a US$ 500 MM credit facility.
9
10. Dividends
US$ Million
50.8%
32.7%
39.0%
249
151
127
2006 2007 2008
Dividends Pay-Out Ratio
Aggressive dividends distribution policy compared to industry.
Aggressive dividends distribution policy compared to industry.
11. Ownership Structure
723,665,044 Voting Shares*
March 16, 2009
FEDERAL
BARCLAYS
GOVERNMENT
THORNBURG 5.1%
0.3%
INVESTMENT
5.2%
OPPENHEIMER
FUND'S
6.2% BOVESPA
OTHERS
JANUS CAPITAL
20.9%
6.4%
NYSE BOVESPA
BNDESPAR
5.2%
51.5% 48.5%
PREVI
NYSE OTHERS 14.2%
28.5%
BOZANO GROUP
8.3%
* Does not include16.8 million shares held on treasury.
12. Order Backlog
US$ Billion
20.9
18.8
14.8
2006 2007 2008
Highest level in the Company’s history at year end.
Highest level in the Company’s history at year end.