2. Forward-Looking Statements
This presentationcontainsforward-lookingstatementsrelatingto the prospectsof the business, estimatesfor
operatingand financialresults, and thoserelatedto growth prospectsofTPI – TriunfoParticipaçõese
InvestimentosS.A. Theseare merelyprojectionsand, as such, are basedexclusively on the expectationsof
the Company’s managementconcerningthefutureof the business.
Such forward-lookingstatementsdependsubstantiallyon changesin marketconditions, the performanceof
the Brazilianeconomy, thesectorand the internationalmarkets, and are, therefore, subjectto changes
withoutprevious notice.
The consolidated financial information is presented in proportion to the participation of Triunfo in
each subsidiary. The operational numbers correspond to 100% of the business.
The information includes the performance of the subsidiaries Rio Verde and Rio Canoas.
2
3. Highlights 1Q13
•Traffic: 22.0million vehicle equivalentunits, (+3.2%) in 1Q13 .
•Net operating revenue reaches R$260.2 million (+28.9%) in 1Q13.
•ContainerhandlingatPortonave: 152,000TEUs in 1Q13 (+8.8%).
•Assuredenergysales totaled146,500MWhin 1Q13.
•Cabotagevolume in 1Q13reached9,200TEUs.
•ViracoposAirporthandled2.3 million passengersand 55,500tonsof cargo.
•The Net Income in 1Q13 was R$18.2 million (+21.3%) and the dividend calculation base was R$32.8
million (+2.8%) in 1Q13.
•The Adjusted EBITDA totaled R$149.2 million (+35.8%). EBITDA margin in 1Q13 was 57.3%.
3
4. 201.9
260.2
1Q12 1Q13
28.9%
Adjusted Net Revenue
Breakdown Net Revenue 1Q13 - (%)
Excluding construction revenue
Net Revenue - (R$ million)
Excluding construction revenue
50%
22%
14%
7%
7%
TollRoads Port Energy Cabotage Airport
4
6. 117.5
129.8
1Q12 1Q13
3.2%
10.4%
Toll Roads Segment – 1Q13
Traffic of Equivalent Vehicles - (million)
Corresponds to 100% of the business
Net Revenue (1) – (R$ million)
Corresponds to the Triunfo Stake in the business
(1) Excluding constructionrevenue.
21.3
22.0
1Q12 1Q13
6
12. 10.5
16.7
1Q12 1Q13
49.1%
58.7%
Cabotage – 1Q13
Container Handling - TEUs (‘000)
Corresponds to 100% of the business.
Net Revenue - (R$ million)
Corresponds to the Triunfo Stake in the
business.
6.2
9.2
1Q12 1Q13
12
16. 109.9
149.2
1Q12 1Q13
35.8%
Adjusted EBITDA
EBITDA per Segment - (R$ million)Adjusted EBITDA - (R$ million)
Adjusted EBITDA refers to earnings before interest, taxes, depreciation and amortization, adjusted for the Provision for Maintenance – IAS 37 (a non-cash item included in
Operating Costs), non-recurring expenses, minority interestand equity income. To calculate EBITDA margin, we used Adjusted Net Revenue (excluding construction revenue,
which is an accountingeffectwith no cashimpact) as the denominator.
108.2
27.4
25.2
5.9
-13.4
-4.1
149,2
Toll Roads Port Energy Airport Cabotage ParentCompanyEBITDA 1Q13
16
17. Financial Income
(R$ million ) 1Q13 1Q12 D
Financial Income (67.8) (34.1) 98.7%
· FinancialRevenue 3.3 2.7 24.4%
· FinancialExpenses (71.7) (40.1) 78.7%
· ExchangeRateVariation 0.6 3.3 -82.6%
17
18. Net Income and Dividend Basis
18
DIVIDEND BASIS (in R$ million) 1Q13 1Q12 D
Net Income/Loss 18.2 15.0 21.2%
Realization ofRevaluation Reserve 7.8 9.9 -21.5%
Realization ofAssetValuation Adjustment 7.8 7.8 0.0%
Creation ofLegal Reserve (5%) -0.9 -0.8 21.2%
Dividend Basis 32.8 31.9 2.8%
19. Net Debt
9.6 x
0.9 x 1.2 x
Energy TollRoads Port
Leverage of the segments that have strong cash flow
(R$ million)
ENERGY
ROAD
SEGMENT
PORT
COMPANY
AIRPORT
PARENT
COMPANY
CABOTAGE
SEGMENT
TOTAL
2013 16.5 130.0 21.4 - 54.7 43.3 266.0
2014 48.8 49.6 24.3 11.2 4.5 33.2 171.5
2015 52.3 72.3 33.9 - 78.9 28.4 265.8
2016 44.4 89.4 31.5 - 284.8 23.5 473.5
2017 48.5 15.1 21.8 - 269.5 23.5 378.4
After 2018 542.1 1.4 - - 49.7 6.4 599.7
Gross Debt 752.6 357.8 133.0 11.2 742.0 158.4 2,154.9
Net Debt 732.7 336.5 108.4 (11.3) 732.5 155.8 2,054.8
19
21. IR Team
Sandro Lima – Investor Relations Officer and CFO
Marcos Pereira
Luana Mota
Melina Rodrigues
Contact: ri@ triunfo.com
+55 11 2169 3999
Rua Olimpíadas, 205 - Conjunto142/143
Vila Olímpia- São Paulo - CEP 04551-000
21
