- CCR reported financial results for the fourth quarter and full year of 2012, with net revenue growth of 15.2% and 13.5% respectively compared to the same periods of 2011. - Adjusted EBITDA increased 12.0% in 4Q12 versus 4Q11, reaching R$881.8 million, despite a contraction in the EBITDA margin. For the full year, adjusted EBITDA grew 11.5%. - Net income increased 17.9% in 4Q12 and 30.9% for the full year 2012 due to higher cash generation and lower financial expenses despite a temporary increase in leverage ratios from new business additions.

1. Earnings Results
4Q12 and the year of 2012

2. Disclaimer
This presentation may contain certain forward-looking projections and trends that neither
represent realized financial results nor historical information.
These forward-looking projections and trends are subject to risk and uncertainty, and
future results may differ materially from the projections. Many of these risks and
uncertainties are related to factors that are beyond CCR’s ability to control or to estimate,
such as market conditions, currency swings, the behavior of other market participants, the
actions of regulatory agencies, the ability of the company to continue to obtain financing,
changes in the political and social context in which CCR operates or economic trends or
conditions, including changes in the rate of inflation and changes in consumer confidence
on a global, national or regional scale.
Readers are advised not to fully trust these projections and trends. CCR is not obliged to
publish any revision of these projections and trends that should reflect new events or
circumstances after the realization of this presentation.
2

3. Agenda
Highlights
Results Analysis
Perspectives
3

4. 4Q12 Highlights
NET REVENUE:
Growth of 15.2% compared to 4Q11.
EBITDA:
Expansion of 12.0% of Adjusted EBITDA1, reaching R$ 881.8 million.
NET INCOME:
Amounted to R$ 347.5 million (+17,9%), due to higher cash generation and lower financial
expenses.
TOLLS COLLECTED BY ELECTRONIC MEANS:
The toll charges collected by this means accounted for 66.7% of the total toll revenue and the
number of STP users expanded 16.2% compared to December 2011, reaching 3,770
thousand active tags.
1 Calculation including the non-cash expenses: depreciation and amortization, provision for maintenance and allocation of anticipated concession grant expenses. 4

5. Subsequent Event
 On February 19, 2013 the company reported to its shareholders and the market in general
that on that date, together with its partners in the Quiport concessionaire: AECON, Airport
Development Corporation (ADC) and HAS Development Corporation (HAS-DC), it had
inaugurated the new International Airport of Quito, Ecuador.
 CCR’s Management proposed a supplemental dividends distribution to its shareholders
referring to the fiscal year of 2012, in the amount of R$ 0.0570773 per share, totaling R$
100,775 thousand, amount to be submitted for approval at the General Shareholders
Meeting (GSM) scheduled for April 18, 2013. Considering the intermediate dividends paid
on October 31, 2012, in the amount of R$ 953,417 thousand, representing R$ 0.54 per
share, will result in a payout for the fiscal year of 2012 of 89.54%.
5

6. Earnings Highlights
Net Income expansion of 17.9% despite the temporary contraction of Adjusted EBITDA Mg...
Financial Indicators (R$ MM) 4Q11 4Q12 Chg % 2011 2012 Chg %
Net Revenues 1 1,225.4 1,411.9 15.2% 4,577.6 5,196.7 13.5%
EBIT 659.6 679.7 3.0% 2,277.0 2,497.4 9.7%
2
Adjusted EBIT Mg. 53.8% 48.1% -5.7 p.p. 49.7% 48.1% -1.6 p.p.
3
EBIT on the same basis 659.6 688.1 4.3% 2,277.0 2,514.9 10.4%
3
EBITD Mg. on the same basis 53.8% 50.9% -2.9 p.p. 49.7% 49.5% -0.2 p.p.
Adjusted EBITDA 4 787.5 881.8 12.0% 2,933.8 3,271.8 11.5%
Adjusted EBITDA Mg. 64.3% 62.5% -1.8 p.p. 64.1% 63.0% -1.1 p.p.
3
Adjusted EBITDA on the same basis 787.5 879.8 11.7% 2,933.8 3,267.4 11.4%
3
Adjusted EBITDA Mg. on the same basis 64.3% 65.1% +0.8 p.p. 64.1% 64.3% +0.2 p.p.
Net Income 294.7 347.5 17.9% 899.4 1,177.3 30.9%
1 Net Operational Revenues excludes Construction Revenues.
² The adjusted EBIT margin was calculated by dividing the EBIT by net revenues, excluding construction revenues, because this is an IFRS requirement,
whose counterpart in the same amount impacts total costs.
³ Adjustment excluding additional business in 2012: the international airports of Quito, San José and Curaçao, Transolímpica and Barcas, which still have
not yet reached maturity.
4 Adjusted EBITDA was calculated by the sum of net revenues and construction revenues, cost of provided services, administrative expenses, depreciation
and amortization, maintenance provision and settlement of prepaid expenses.
...due to new business addition in the initial phase .
6

7. CVM 527 Instruction – EBITDA standardizing
1,667 987 Concession
IFRS
Fee
32 882 2 880
150 830 21
4Q12 Total Depreciation 4Q12 Prepaid Maintenance 4Q12 Effect of 4Q12
Net Revenue Costs and CVM Expenses Provision Adjusted New Adjusted
and Amortization EBITDA1 EBITDA Business 2 EBITDA on
Construction the same
Revenue Basis 2
1 Calculation performed according to CVM 527/2012 Instruction.
² Adjustment excluding business added in 2012: International Airports of Quito, San José and Curaçao, Transolímpica and Barcas, which have not reached maturity yet. 7

8. Traffic – Quarter Change
Consolidated – Equivalent Vehicle
247,459 255,153
237,103
186,186
155,765
145,207
4Q07 4Q08 4Q09 4Q10 4Q11 4Q12
Revenue and traffic 4Q12 X 4Q11 (%)
14.3 14.6
12.6 13.3
9.8 9.8
8.1 8.8 8.3 8.1
6.6
4.1 4.8
3.8
0.9 2.1
0.9 0.9
AutoBAn NovaDutra RodoNorte Ponte ViaLagos ViaOeste Renovias RodoAnel SPVias
Traffic Toll Revenues 8

9. Revenue Analysis
Gross Operating Revenues Revenue Breakdown
Aeroportos ViaLagos
Renovias Controlar 7% 8% 13%
2.2%
1.7% 1.5% 7%
1.2%
Barcas Others
2.3% 0.1%
Ponte
2.6%
ViaQuatro
2.8% AutoBAn
RodoAnel 29,0% 93% 93% 92% 87%
3.2% SPVias
8.2%
STP
3.5% RodoNorte
NovaDutra
9.0%
18.9%
ViaOeste 4Q09 4Q10 4Q11 4Q12
13.8%
Toll Others
Revenue Indexer Payment
IGPM
3%
42% 40% 35% 33%
58% 60% 65% 67%
IPCA
97%
4Q09 4Q10 4Q11 4Q12
9
Electronic Cash

10. Costs Evolution (4Q12 X 4Q11)
Total Costs (R$ MM)
27% 39%
n.m.
76% 25 987 (108)
34 23%
110
32%
18% 2% 879
37% 37
28 2
40
711
4Q11 Depreciation Third-party Granting Personnel Construction Maintenance Other 4Q12 Ex New 4Q12
1
and Services Power and Costs Costs Provision Costs Business Ex New
1
Amortization Advanced Business
Expenses
Maintenance New Business, New Business
Projects and Bargaining and
Construction of Consulting Agreement and Review of
Construction New Business
Service Roads Services SPVias Maintenance Cicle
Works
1 – Effects of the consolidation of results of the new business added in 2012: International Airports of Quito, San José and Curaçao, Transolímpica and Barcas.
10

11. Revenue and EBITDA evolution (R$ MM)
Net Revenue Ex Construction Revenue
126 1,412 60 +10,3% of 4Q12 Adjusted
1,351
Net Revenue vs 4Q11
60
1,225
4Q11 Effect 4Q11 4Q12 Effect 4Q12
Net of New Portfolio Net of New Adjusted
EBITDA Revenue Business Addition Revenue Business Net Revenue
Adjusted Adjusted EBITDA Mg.
EBITDA Mg. On the same basis
EBITDA Mg. (92) 62.5% 65.1%
186
64.3%
+12,2% of 4Q12 Adjusted
882 2 880 EBITDA on the same
basis vs 4Q11
787
4Q11 Net Costs 4Q12 Effect 4Q12
Adjusted Revenue Adjusted of New Adjusted
EBITDA EBITDA Business EBITDA on
1
the Same Basis
11
1 – Effects of the consolidation of results of the new business added in 2012: International Airports of Quito, San José and Curaçao, Transolímpica and Barcas.

12. Financial Results Highlight
Better financial results reflects the drop in Selic rate and...
Net Financial Result (R$ MM) 4Q11 4Q12 Chg % 2011 2012 Chg %
Net Financial Result (237.0) (145.6) -38.5% (922.7) (671.1) -27.3%
- Income from Hedge Operation 5.7 2.4 -58.3% (17.7) 20.2 n.m.
- Monetary Variation (9.4) (6.6) -30.4% (43.4) (27.8) -36.0%
- Exchange Rate Variation (10.9) (3.4) -68.4% (34.3) (41.3) 20.5%
- Present Value Adjustment of Maintenance Provision (15.7) (8.3) -47.1% (70.6) (48.7) -31.1%
- Interest on Loans, Financing and Debentures (218.0) (129.4) -40.6% (870.0) (592.6) -31.9%
- Interest and Investment Income 37.4 25.2 -32.7% 195.4 124.4 -36.4%
- Others¹ (26.2) (25.5) -2.7% (82.1) (105.3) 28.2%
¹ Comissions, fees, taxes, fines and interest on taxes
...an active management of liabilities with attractive refinancing for the company.
12

13. Debt in December 31, 2012
Gross debt by indexer
IPCA IGP-M
TJLP 3.2%
3.5% 1.0%
• Total Gross Debt: R$ 8.2 B
USD
• Net Debt / EBITDA: 2,2X 12.3%
• Increase in USD from 7.4% in 4Q11
to 12.3% in 4Q12 mainly due to
CDI
consolidation of new business 80.0%
Amortization Schedule (R$ ‘000)
2,528
1,958
279 1,426 1,339
90
85 559
2.047 80 386
1.809
1.054 1.187 95
450 382
-
2013 2014 2015 2016 2017 2018 a 2026
13
CDI USD Others

14. Debt
Increase of leverage indexes…
Net Debt / EBITDA LTM
2.5
2.3 2.3
2.2 2.2
2.1
2.0 1.9
1.9
7,212
6,186 6,152 6,330 6,344
5,633 5,630 5,8932.5
5,565
2.3 2.3
2.2
2.1
1.9 1.9
1.6
1.5 1.5
4Q10 1Q11 2Q11 3Q11 4Q11 1Q12 2Q12 3Q12 4Q12
Net Debt (R$ MM) Net Debt/EBITDA (x)
...due to new business that still don’t have a strong cash flow.
14

15. 2012 Realized Investments and Maintenance
Performed investments Performed maintenance
Improvements Equipments and Others Total Maintenance Cost
2012 (R$ MM)
4Q12 2012 4Q12 2012 4Q12 2012 4Q12 2012
AutoBAn 67.4 124.1 8.7 47.5 76.2 171.6 9.3 83.8
NovaDutra 92.4 167.6 5.0 17.6 97.4 185.2 24.6 120.0
ViaOeste 5.8 25.9 5.2 25.2 10.9 51.1 2.7 12.3
RodoNorte (100%) 11.5 22.9 2.1 6.1 13.6 29.0 4.9 24.0
Ponte 3.9 4.5 0.8 3.2 4.7 7.7 0.5 1.5
ViaLagos 0.7 1.7 0.8 1.2 1.5 2.9 2.6 3.6
SPVias 14.5 53.8 10.3 18.9 24.8 72.7 6.5 16.2
ViaQuatro (58%) 0.8 5.5 0.6 4.2 1.4 9.7 0.0 0.0
Renovias (40%) 5.0 13.6 0.0 1.4 5.0 15.0 1.5 8.3
RodoAnel (100%) 11.1 40.2 1.4 5.2 12.5 45.4 0.0 0.0
Controlar (45%) 0.0 0.0 0.6 0.8 0.6 0.8 0.0 0.0
SAMM 6.5 46.0 4.9 33.9 11.4 79.9 0.0 0.0
Transolímpica1 (33.33%) -15.5 13.1 0.2 0.2 -15.4 13.3 0.0 0.0
Airports 2 27.6 61.7 1.9 2.8 29.5 64.4 0.0 0.0
Barcas 0.6 3.4 1.2 1.3 1.8 4.7 0.0 0.0
3
Other 7.3 64.1 20.6 46.4 27.9 110.5 0.0 0.0
Consolidated 239.6 648.2 64.2 215.8 303.8 863.9 52.5 269.7
1 - Net subvention amounts received from the Granting Authority in the amount of R$ 16.7 million in 4Q12.
2 - Includes Quito, San José and Curaçao.
3 - Includes CCR, CCR España, CCR México, CPCSP, STP and Eliminations.
15

16. 2013 Estimated Investments and Maintenance
Estimated
Estimated Investments
Maintenance
Construction Equipaments Maintenance
2013 (E)* - R$ MM Total
Costs and Others Costs
AutoBAn 250.2 27.2 277.3 9.8
NovaDutra 235.8 25.3 261.2 60.7
ViaOeste 94.8 15.0 109.8 22.7
RodoNorte (100%) 86.1 10.8 96.9 29.5
Ponte 13.0 9.4 22.4 3.7
ViaLagos 87.0 4.7 91.7 4.2
SPVias 153.5 17.6 171.1 46.2
ViaQuatro (58%) 106.3 8.6 114.9 0.0
Renovias (40%) 9.2 5.8 15.0 6.3
RodoAnel (100%) 39.8 4.8 44.7 0.0
Controlar (45%) 0.3 2.7 2.9 0.0
Samm 20.3 42.1 62.4 0.0
Transolímpica (33,33%) 60.0 0.0 60.0 0.0
Aeroportos 1 52.0 2.4 54.4 0.0
Barcas 17.3 12.9 30.2 0.0
Outras 2 0.0 44.2 44.2 0.0
Consolidated 1,225.8 233.4 1,459.1 183.2
* Estimated Values.
1 - Includes Quito, San José and Curaçao.
2 - Includes CCR, CPC and STP.
16

17. Dividends (Cash)
Commitment to pay at least 50% of net income as dividends to shareholders
7,0%
7,0% 127%
127% 130%
130%
92%
92% 85% 85% 90%
6,0%
6,0% 85% 85% 90%90%
90%
61% 65% 80%
80%
58% 61% 65%
58%
5,0%
5,0%
5,0%
5.0%
16% 4,8%
4.8% 4,6% 4,7% 30%
16% 4.6% 4.7% 30%
4,0%
4,0% 4,2%
4.2%
3,8% 3,9%
3.8% 3,9%
3.9% 3.9% 3,7%
3.7%-20%
3,0% -20%
3,0% 1,177
2,0% 2,2% Div. Yield Payout -70%
2,0% 2.2% Div. Yield Payout127%
899 -70%
130%
7% 11 2
2
3
3
4
4
5
5
6
6
7
7
8
8
9
9
10
10
714
92% 709
85% 67285% 90%
6% 580
547 65% 80%
58% 500 61%
5%
5% 5%
263 5% 5%
16%
183 30%
4%
4% 4% 4% 4%
-20%
3%2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
2% 1
Net Income Div. Yield Payout
2% -70% 17
1 Considers the average share price in the1year 2 3 4 5 6 7 8 9

18. 2013 Rules for IFRS 10 and IFRS 11
In case the IFRS 10 and IFRS 11 rules had been adopted for the preparation of these financial
statements, the following are the amounts estimated:
Selected 2012 data with Selected 2012 data estimated using the
2012 - (R$ '000) proportional consolidation criteria of consolidation by Equity
(current criteria) Income
Total assets 14,305,826 12,502,803
Total liabilities 10,943,494 9,140,474
Adjusted EBITDA 3,271,783 3,117,428
IFRS 10 - Consolidated Financial Statements: New definition and additional control guidelines.
IFRS 11 - Jointly Controlled: jointly controlled companies shall be classified as joint ventures and will be
registered using the equity accounting method.
Which companies will be consolidated by the equity accounted method as from 2013:
Renovias, STP, Airports, ViaQuatro, Controlar and Transolímpica.
Net income for the period and net equity would not have been affected.
18
1 International Airports of Quito, San José and Curaçao.

19. Track Record
CCR Track Record: diversification and new bids
Milestone Concession Awarded Acquisition Concession Extension
IPO
STP
(2002)
AutoBAn + Follow-on (2003)
ViaOeste (April 2004)
ViaOeste RodoNorte (October 2004)
Concession (2005)
ViaQuatro
Extension (2006)
(2006)
USA
(2007) Via Lagos
Concession
RenoVias Extension (2011)
(2008)
RodoAnel 2012:
(2008) SP VIAS • Airports: Quito, San
Controlar (2010)
(2009)
José and Curaçao
• Barcas
Follow-on
(2009) • Transolímpica
19

20. Thank you
20