Cc rday ing

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  • 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
  • Change text in the bar
  • Review pictures
  • Review pictures
  • Review pictures
  • Review pictures
  • Review pictures
  • Review pictures
    CAPTIONS
    Municipality Seat
    System Roads
    Other Roads
    Municipality Border
    Main Roads
    Tolls
  • Rever as fotos
  • Foto STP
  • Rever as fotos
  • Rever as fotos
  • ´Figura que está por baixo: igual ao slide 10.
  • Allotment 2
    KEY:
    Elevated: 18,8 km
    Surface: 4,2 km
  • 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
  • Net Revenue
    Net Revenue/EBITDA
  • KD Annualized
  • Diminuir fonte das escalas
  • Deixar Gráfico Sem Brisa e Com Brisa
  • Cc rday ing

    1. 1. New Horizons: Perpetuity with Sustainable Development São Paulo, November 19, 2010
    2. 2. Meeting Schedule
    3. 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
    4. 4. Opening
    5. 5. Macro-economical Scenario Perspectives for Brazil Gustavo Loyola
    6. 6. Metropolitan Transportation in SP Perspectives Jurandir Fernandes
    7. 7. Retrospective
    8. 8. In the last CCR Day…
    9. 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
    10. 10. Coffee Break
    11. 11. Current Portfolio Developing the Potential Italo Roppa
    12. 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
    13. 13. Traffic
    14. 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$) Motorizationper1,000 inhabitants • The strong credit expansion allowed a great acceleration in the sales of vehicles; • However, the vehicle/inhabitant ratio in Brazil is still in quite low levels Sales of Vehicles - Brazil (Million) CAGR – 3% CAGR – 11% CAGR – 4% CAGR – 7% CAGR 05-10: 18.7% Vehicles Fleet - Brazil (Million) CAGR 05-10: 6.5% *Source: Roland Berger/Anfavea/CCR
    15. 15. Traffic 2010Highlights 2RodoAnel • The traffic in the concessionaire grows firmly 1Consolidated Traffic • 3Q10 x 3Q09  The strong economic recovery has compensated the low growth year in 2009. • Oct/10 registered the greatest traffic in history. • Preliminary data from Nov/10 suggest new records. ConsolidatedTrafficGrowth2010 (EquivalentVehicles–YoY) Historic elasticity: 1.5x GDP 10M0910M09 10M1010M10 Strong recovery of commercial traffic. Firm growth of light vehicles traffic.
    16. 16. Traffic 2010 - RodoAnel The global crisis had an impact on the traffic foreseen in the proposal Quite evident ramp up effect Positive expectation about the impact of the southern stretch after improvements, the construction of the eastern stretch and the restrictions for the traffic of vehicles in the streets of the city. RodoAnel 2010 – (YoY)RodoAnel – Monthly VEQ 5.5 6.5 7.5 8.5 9.5 10.5 11.5 VEQ in Million Linear (VEQ in Million) J F M A M J J A S O N D J F M A M J J A S O 20092009 20102010 10.7% 7.7% 8.9% 27.0% 25.3% 19.1% 19.6% 23.9% 24.1% 17.7% J F M A M J J A S O
    17. 17. Potential of Additional Investments
    18. 18. Anhanguera II Project (connection to CEAGESP) Improvements in the SP-324 Highway Improvements on the Initial Stretch of Raposo Tavares Highway Direct Connection of Castello Branco Highway to CEAGESP Potential of the Current Portfolio New Investment Opportunities… Identified Needs: R$ 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. 19. Before Anhanguera Complex 1st Stage Junction and improvements at Marginal Tietê R$ 530 million Finished Addendum to Agreements AutoBAn After
    20. 20. R$ 360 million Identified Opportunities AutoBAn Anhanguera Complex 2nd Stage
    21. 21. Investments on SP-324 AutoBAn
    22. 22. CEAGESP Cebolão Project 2nd Phase Direct Connection of Castello Branco Highway to CEAGESP Investments ViaOeste
    23. 23. Detail of the Arrival of Raposo Tavares in the City of São Paulo Today Investments ViaOeste Castello Branco Highway Raposo Tavares Highway
    24. 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. 25. Current Portfolio Developing the Potential José Braz
    26. 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$100M ... trying to improve the flow and the quality of the roads, developing the area.
    27. 27. Investments Basic Project for the Connection of the Bridge to Linha Vermelha Rio-Niterói Bridge Linha Vermelha Bridge-Linha Vermelha Connection R$ 205 million
    28. 28. Connection of the Bridge to Linha Vermelha
    29. 29. Current Downhill Roadway Investments NovaDutra Uphill Roadway Serra das Araras Downhill Roadway R$ 1,500 million
    30. 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. 31. Investments ViaLagos – Highway Safety Infrastructure Improvements
    32. 32. New Businesses Various Opportunities Leonardo Vianna
    33. 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. 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. 35. STP – Payment Services and Technology Gross Revenue (R$ MM) Quantity of TAG`s installed CAGR 38% CAGR 36% E E
    36. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 51. A - Corridor EPTG B – Subway Line 1 C - Corridor Gama-Santa Maria D – Light Rail Vehicle ( VLT ) Integrated Brasília Program
    52. 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. 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. 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. 55. Express Track connecting Barra da Tijuca to Deodoro, Américas Avenue to Brasil Avenue Transolympic Project (PPP) - RJ Video
    56. 56. 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
    57. 57. 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$19 bi Concession Term: 25 years Concession Term: 25 years
    58. 58. State of Minas Gerais Program Extension (Km) (R$ 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
    59. 59. 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
    60. 60. 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$50 bi during the coming years. Multiple Opportunities of investment
    61. 61. Financial Strategy Generate Value and Investment Capacity Arthur Piotto
    62. 62. Investment Capacity Financial Strategy Maximum Indebtedness of 3.0x Net Debt / EBITDA Commitment of Paying a Minimum of 50% of Net Profit as Dividend Growth of the Company will be Financed Through Leverage
    63. 63. Financial Strategy ...but still don’t fully consider the additional cash generation The leverage indexes incorporate investments in new assets ViaQuatro, RodoAnel, Controlar, SPVias... Gross Indebtedness (R$ bi) Net Indebtedness (R$ bi)
    64. 64. 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$
    65. 65. 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
    66. 66. 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$1,7 bi Level of Leverage per Concessionaire (Div. Liq./EBITDA) 0,30 0,50 0,76 0,84 0,91 1,12 1,30 1,90 0,00 0,50 1,00 1,50 2,00 Ponte RodoNorte Renovias AutoBAn NovaDutra Controlar ViaLagos ViaOeste
    67. 67. Situation for New Projects Investment capacity for 2011 of ~ R$ 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$2,350 M for 2010. Investment Capacity
    68. 68. Dividends We reiterate the commitment to pay at least 50% of the net profit in dividends. Received Dividends • Until Oct/10: R$ 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%
    69. 69. Control Block Composition Direct and indirect shareholders
    70. 70. Final Considerations Márcio Batista
    71. 71. 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
    72. 72. 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)
    73. 73. 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
    74. 74. 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
    75. 75. Sustainability What are the Sustainability Challenges? What are the opportunities from this Challenges?
    76. 76. Sustainability Sustainability is an opportunity to Create value EconomicEconomic SocialSocial EnvironmentalEnvironmental Sustainable Value Social Environmental Eco-efficiency Social Economic
    77. 77. 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
    78. 78. Thank you!

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