Slide 1: qos tg08— ages sans agg
qos tg08— ages sans agg Brazil Norh Aca» Lain America Specialy Steel
Slide 2: Rolled Products
Rolled Products · Consolidated rolled steel production was 3.2 million tonnes in the fourth quarter, down 4.3% from 3.3 million tonnes in the third quarter of 2009. For rolled products, once again, the North America BO (-24.2%) was the main factor responsible for the lower output. · The Brazil BO re
Slide 3: Results: Net Revenue and Cost of Goods Sold
(1) - Excludes sales to subsidiaries. · Specialty Steel was the BO that presented the highest increase in sales in the fourth quarter from the third quarter, of 19.6%. In Brazil, sales continued to benefit from government stimulus measures, such as lower tax rates on new vehicle sales and low-cost f
Slide 4: Investments
Investments · In the fourth quarter of 2009, investments in fixed assets totaled R$ 275.7 million. Of this total, 60.6% were allocated to units in Brazil and the remaining 39.4% to units located overseas. In fiscal year 2009, investments totaled R$ 1.4 billion. · The capital expenditure plan for the
Slide 5: Dec-08 Mar-09 Jun-09 Sep.09Dec-09.
Dec-08 Mar-09 Jun-09 Sep.09Dec-09.
Slide 6: Indebtedness
· Net debt (loans and financings, plus debentures and less cash, cash equivalents and investments) stood at R$ 9.7 billion on December 31, 2009, corresponding to 2.5 times EBITDA in the last 12 months. Indebtedness (R$ million) Dec/31/2009 Dec/31/2008 Short-term 1,357 3,933 Local currency (Brazil) F