More Related Content Similar to Apresentação 4T09 - EN Similar to Apresentação 4T09 - EN (20) Apresentação 4T09 - EN2. ' , + '
+
)-.+ +
0&2 )3.4+ +
/ "
! # + + / ,/ "
" / " %# # +
5 "
# $ % # &'( + + 0 / 1
+
% # ) *+ + ' &'( # )676+ + 8
# )36*+ +
'# + +
# #9+ + +"
+
# + + # = / % # " @ # %
/ 8 # + / "
% # &'( )64.+ + /
: .* # # ( # . .
#
& ; # )7..+ +
$ 8 # 0 # &'( . .
#
&'( # )374+ + 8
# ) 3+ +
> / + + 0?
; # % # + + ! + %
# + + 8 / + "
, # '< &
+
2
3. .. : # #
A % # " 7B. 8 % # &'( )-7+ +
&'( . .C )7..+ +
3 $ + .. 8 % # &'( ) 47+ + D ' ..*8 % # + 6
$ % # &'( ) 36+ + D
% # E /
0+
F # +" + / + # # 8
# ( G (H +
' , $ 8 + " /" # # #
# 2 "+ +
" # $
++ $ / #
0 ! G # H
3
4. '
*.87
*86
7-84
8 348
78. 8 - 8
686 78
378-
38. *8.
8
8-
7B.* B. B. 3B. 7B.
&
4
5. > > + ..*9.
) 36+ + &'( G 4I .. -I ..*H ) 8./ #
Project: Green Park Project: Verano 1 Project: Splendore Valqueire Project: Mirante Bonsucesso
Location: Barra da Tijuca (RJ) Location : Barra da Tijuca (RJ) Location : Vila Valqueire (RJ) Location : Guarulhos (SP)
Units: 240 Units : 395 Units : 120 Units : 368
% Sold: 100% (as of Dec-09) % Sold : 87% (as of Dec-09) % Sold : 94% (as of Dec-09) % Sold : 95% (as of Dec-09)
PSV: R$56mm PSV: R$130mm PSV: R$16mm PSV: R$28mm
Delivery Date: Dec-08 Delivery Date : Sep-09 Delivery Date : Sep-09 Delivery Date : Sep-09
5
6. > > + . .
" # )*4+ + ( ( B .8 )64.+ + # "
Project: Villaggio del Mare Project: Barra Allegro
Location: Barra da Tijuca (RJ) Localition: Barra da Tijuca (RJ)
Units: 120 Units: 144
% Sold: 94% (as of Dec-09) % Sold: 97% (as of Dec-09)
PSV: R$45mm PSV: R$42mm
Delivery Date: March 2010 Delivery Date: February 2010
6
7. & $ > " '#
& $ # " # # $" # #
!" # $
D*..
D-7*
D-..
D7.. D -3
D .. D -7
D...
*
*..
*.I
-.. 4I
7.. 47I 33 3..
37
.. 6 I
-I 6 I
I
B . B . 3B . 7B . ' ' '
' 0 "
7
8. ; # 7B.
Project: Jardim Paradiso IIA Project: Top Life View
Location: Nova Iguaçu (RJ) Location: Santo André (SP)
Units: 320 (including phase 1 = 854) Units: 300
Price/Unit = R$69,000 Price/Unit = R$125,000 – 150,000
PSV = R$22mm (including phase 1 = R$59mm) PSV = R$42mm
CR2 Stake = 93% CR2 Stake = 86%
% Sold (as of Dec-09) = 50% (including phase 1 = 68%) % Sold (as of Dec-09) = 59%
8
9. ; /
..I / # +" +
' & ( ) ( * +( *
% ! $ & " ,
! $ ! $ ! $
J + & 00 00
0 A 0 K G JH +" -* -3 -683 -.84 3I
; ( G L & M H 'D JD + G'&H +" *4 3 378. 8 *-I
N # G'&H +" *- 7 . 3-8. 3 8. *-I
' ( 5 00 J G JH +" ** -. 3.8. 78. *.I
&5D O 00 '< K G JH +" - D 6 *48. 7 83 *.I
&5D O 000 '< K G JH +" 4 7 *78. -48 *.I
&5D O 0( '< K G JH +" * 7 *78. -48 *.I
& A 0 K G JH +" 4 3.D *3 D *.8. D *.8. ..I
) -0. 0 . /- . / ,
. 3+ + + % C& $ " /" # # /" ED
) ( * +( *
% ! $ & " ,
! $ ! $
.3+ + +
' D M P A 0 K G JH 3D4*. *68 *68 ..I
%
) -. / / ,
9
10. ++ ; /
F # $ C " /" # # # #
2 "+ +
!1 1 ' & ) ( * +
% ! $ & ! $ ,
$ ( ! $ ( *
J G JH ++ 3.D... 76D... 4D6.. 33486 3-83 4.I
F # J G JH ++ *D... -7D... 7D6.. **8. . 8- 4.I
A Q & ! A Q G JH ++ A9 -D6.. 4D... 7686 3 8 4.I
) . . . / 0 / ,
10
11. #E %
2 3
*487
*.8. * 83
448*
4.86 4 8
-48. -*86 -*83
- 87
678
3 8*
3.84
686
B.* 3B.* 7B.* B. B. 3B. 7B.
#0 % & $ ,
#' C G'E: H8 & "+ 8 8 EG R H8
/ D
& $ C 8 8 / "8 8/ 8 D
11
12. E #
&'( ) 7-+ + R
- + D6 6
% ) ( * +( * 4 ( 5 " , " & &
! $ ! $ %% 1 &
2 !$ !$
1 62 ! $
*87 787 .* > 3-* 6I 3.. 83 > .*
; 0 + " 783 83 .* . 3 ..I 63 8 .
; 0 + " + 783 83 .* . 3 I 6 8 .
; 0 + " 'E 783 83 .* . 3 I 6. 8 .
( + 0 48. 38- J .* " . - 7I -7 .87 E / .
( + 00 *8 68 J .* " . 4*I 6 .87 .
( + 000 68. 8. J .* J . 3 6I ** .8 .
( + 0( 78. 8 J .* J . 6 4 I 3 68* .
& + + D 748. 7 83 J .* 2 . - *.I 34 8 ".
5 & 0 3487 3 8 J .* J . 7 6 6I 37 -8* .
; & 683 8* J .* J . .. -I 6 .8* .
) 0 / / . , . 0 /
G H
+ + /" ED
G H
+ / + # % E C R 8 E F D
12
13. E #
E 7B. C
D 47 E8 5 ) ++ &'( +
)-*+ + # / /" E
)73+ + / # / #
" 7 ) 8 1 7 1 !9 $
73D -
D6 6 D6 6 D6 6
D-4
-D .
D*-7
D 47
-4
-3. D4 4
7 6 *D47 *D4-
3-* 4D7**
47
-
7 .* . . 3 . 7 . B. B. 3B. 7B.
EG + H @ /" EG + H > / + )... / G/ # H )...
13
14. & + 1 P E
; ) 3-+ + & + 1 % # 0 N8 '
&'( )66*+ + 4 $
% ) ( * +( * 4 ( : 6 & " , " 4 1 9 <
! $ ! $ ! $ ! $ ' ;
! $
( 0 3.8. 4*8. .4 > 3 6 *4I 6 86 7*8 8. 0 N
( > 7683 38- " .4 > B . .7 7I -8* 78- .84 '
( 00 .68. -38. ' .4 . 37- 46I 3*8* 3 8 .8. 0 N
& 5 O 0 9 7.8. 8. 2 .4 9 . 9 D.6* 6*I - 8. .84 .8. 0 N
( 000 -48. 7.8 2 .4 4 4*I 338. 8- .8.
7 86 8. A .4 > B . 3. 4I 386 8* 83 '
E 1 83 .86 .* 2 . 3. -I 8. 68- .8. '
) / - /
- .
0- 0, - / - / -/
14
15. & + 1 P E
+ / + # ) 3 ++ 7B.
3.8. *8
78
68.
.84
.8. *87
-86
68. 384
8*
.8.
68.
B.* 3B.* 7B.* B. B. 3B. 7B.
G68.H
G78*H
G .8.H G*8 H
G 68.H
> / + G )+ + H + ! G )++H
15
16. / &
/ + / .. ) . ++
7.8.
3-83
368. 3 8*
3.8.
68.
.8. *87
68. 387
.8.
68.
B. B. 3B. 7B.
+ " )+ + 0 + )+ +
16
17. > / &
1 ! $ 0= = = -= 0=
% 1
'# + 3D *D3 . 7D773 3D - D6 3
; + D7.* -*4 D3 6 *D 6-
) 0. . 0. 0. 0
0 0 .
2 & ! 2>$
'# + 3 D7*- -6D 6* ..D4. D*3-
; + 7.D-77 *D * D-*7 -D64 3 D*74
) 0 . 00 .0 0. 0 . 0 - . -
73D- 3*D * 33D * 3-D.* 36D7 7
6? 34 D. - 34 D-4* 34-D63. 344D - 34 D -*
17
18. 0 " ( S ' '
# # +
( 4 #
9 & & 8 8 4
! $ ! + $ 6 8(
( ! + $ (
..- .8. 3387 8 86 3684I 8 .8.
B.4 86 - 87 3 86 6 87 348-I 38- 48
B.4 6 87 .87 *86 6783 687I *8* 84
3B.4 6783 -38 3 87 *68. 48-I .87 8.
7B.4 *68. 4.83 6 8 -8 38 I 3 83 8
B.* -8 748 48 -8* 8 I 68 83
B.* -8* 3 83 7787 .384 7 86I 384 6.8-
3B.* .384 38 -48- 6.8. 83I 778 387
7B.* 6.8. .8. 8- 3486 68.I .8. 8-
B. 3486 .8. 8 *87 *8.I .8. 8
B. *87 .8. 378- *38* 68*I .8. 378-
3B. *38* .8. *8. 668* 68 I .8. *8.
7B. 668* 6-84 - 8 6.86 8 I 3 86 3.87
' ' GI HTU ' # & 9 G0 " # / # V #" ,# # HW
0= @0 , 8 6?
18
19. 0 " ( &
# < * # < * ' & (
*I 3I
7I @ 37I X ) 3.
' ) 3 )36.
+ )36 )6..
-3I
-*I
, 8
1 8 2>
19
20. E : # # 7B.
A B% & ! $ C ( 8 ! $D C ( 8 &
.D... 3.D... 784I -8.I
. D364 8*I 78.I
..D... 6D...
6D.- 8.I
.8.I
*.D... 46D 3 .D... *8.I
-8.I
-D3-3 78.I
-.D... 6D...
8.I
.8.I
7.D... .D... *8.I
-8.I
.D... 6D... 78.I
8.I
.8.I
3B. 7B. 3B. 7B.
69# ' !
) $D 69# '
) & A ( 8 ! $D ( 8 &
.D... .8.I 4D... 48.I
*D... *8.I
-84I
687I -D...
6D 63 -8.I
-D... -8.I 6D..6
7D... 78.I 6D... 68 I 68.I
6D-73
D... 8.I 7D... 78.I
.D... 84I .8.I
3D... 38.I
*D... *8.I
-D... -8.I D... 8.I
4D *7
7D... 78.I
D... 8.I
D... 8.I
.8.I .8.I
3B. 7B. 3B. 7B.
20
21. E : # # ..
A B% & ! $ C ( 8 ! $D C ( 8 &
36.D... 4.D... 48*I 3.8.I
3..D. *8.I
3..D... -.D... -8.I
-7D. 3 -6D 78.I
6.D... 3.D43 6.D... 8.I
.8.I
..D...
84I *8.I
7.D...
-8.I
78.I
6.D... 3.D...
8.I
.8.I
..D... .D... *8.I
-8.I
6.D... .D... 78.I
8.I
.8.I
..* .. ..* ..
69# ' !
) $D 69# '
) & A ( 8 ! $D ( 8 &
36D... 33D4 3 3 D-7 .8.I 7.D... 34D6- .8.I
*8.I
3.D... 486I 36D...
-8.I
68.I 3.D...
6D... -83I 78.I
78-I 86I 6D...
8.I
.D...
.8.I .D... .8.I
6D...
.8 I 6D. - *8.I
486I 6D...
.D... -8.I
68.I .D...
78.I
6D... 6D...
68.I
86I 8.I
.8.I .8.I
..* .. ..* .. 21
22. / !
/ ! ) . ++ 7B. / ! )6 + +
G+ 87IH
/ 9 / )7 .+ + 7B. 8 / ) 7+ + # # +
1 & ; ! $
/ ! . D7 3 D.47
@ ' / ! 7 D 6. .-D3-.
& / ! 6 D 4 .7D4 7
/ ! 87I 3384I
22
23. Investors Relations
Rogério Furtado
Chief Financial Officer and Investor Relations Officer
www.cr2.com.br/ri
phone: (21) 3095-4600
(21) 3031-4600
23
24. > +
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' ability to continue to obtain sufficient
s
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.
24