Companhia Siderurgica Nacional — National Steel — Q2 2012 Earnings Presentation

6 slides from Companhia Siderurgica Nacional's earnings presentation, Aug 15, 2012

Slide 1: Executive Summary
Executive Summary CSN POSTS NET REVENUE OF R$8.0 BILLION, EBITDA OF R$2.2 BILLION, EBITDA MARGIN OF 28% AND NET INCOME OF R$644 MILLION WITHOUT THE RECLASSIFICATION OF AVAILABLE-FOR-SALE INVESTMENT IN THE 1H12 São Paulo, August 14, 2012 Companhia Siderúrgica Nacional (CSN) (BM&FBOVESPA: CSNA3) (NYSE
Slide 2: Adjusted EBITDA (R$ MM) & Adjusted EBITDA Margin (%)
Adjusted EBITDA (R$ MM) & Adjusted EBITDA Margin (%) aan 20 santana za
Slide 3: Consolidated Net Income Capex
Consolidated Net Income Capex CSN posted a consolidated net loss of R$1.0 billion in 2Q12, basically due to the accounting reclassification described under “Other Operating Expenses”. Excluding these effects, which had no cash impact, the Company would have recorded net income of R$551 million. CSN
Slide 4: Adjusted EBITDA by segment (R$ million)
Adjusted EBITDA by segment (R$ million)
Slide 5: Slide 5
Slide 6: Cost breakdown 1Q12 vs 2Q12
1Q12 2Q12 me 21% 1% 18% 19% 20% 11% - SH % % % 11% 10% 12% wees mete 1 ron ore vets other Raw Material Wor cost Energy /Fuel 1 Maintanance/General Costs Depreciation