Disclaimer ndice FORWARD LOOKING STATEMENTS This document may contain prospective statements which are subject to risks and uncertainties as they were based on expectations of the Companys management and on available information.…
1 Highlights ndice INDEX 2 Operational Performance: Backlog Net Revenues COGS and Gross Profit Operating Expenses and Other Expenses Financial Result EBITDA and Adjusted EBITDA Net Result Debt and Cash 3 Restructuring Plan…
Highlights
Performance as expectations MANAGEMENT Restructuring Plan legal approval and precedent OPERATIONAL conditions of Extrajudicial Plan Revenue customer advances obtained; maintain the revenue in the same Capital call implementation of…
2Q14 Performance
Backlog - R 967 million R 312 million in short term 88% in the Services Segment R 552 million depend of about R 70 million of investments Ability to fully realize the backlog reduces over time Net Revenue - R 130.8 million…
Evolution of Costs Cost on Goods Sold (R thd) -6.1% 6.0% Pressure on costs: 116,558 109,487 Higher storage time; 103,272 Negative exchange effect on 41% 47,527 43,731 47,467 43% imports; 42% Dammed maintenance costs; Idle…
Operational Expenses R thd Other Expenses Reduction of personnel expenses in relation to 2Q13 R 5 million (quarter); Expenses with restructuring of R 3.5 million in the 2Q14; Fines with customers: R 15.1 million in the 2Q14 and…
Financial Result R thd Net Financial Result 2Q13 1Q14 2Q14 Impact of R 49.8 million related to late charges on overdue financial -24,623 debt in the quarter; -77,261 -87,588 2Q14 Performance 10
Ebitda and Adjusted Ebitda R thd EBITDA and Adjusted EBITDA (R thd) Adjusted Ebitda Reconciliation 1Q14 2Q14 (R thd) ndice Ebitda from Continuing Operations -47,564 -12,305 Provision for Variable Compensation 210 225 Provision…
Net Result R thd Net Loss (R thd) 2Q13 1Q14 2Q14 0 -20.000 -40.000 -60.000 -80.000 -100.000 -103,172 -94,995 -120.000 -121,832 -140.000 +28.3% +18.1% Major negative impacts (2Q14 1Q14):…
Debt R thd Gross Debt in June 30th 2014 R 1,591.2 million 98% in short term Net Debt 2Q14 (R thd) Cash in June 30th 2014: R 8.6 million Cash and cash equivalents: R 5.7 million Bonds and securities: R 2.9 million 2Q14…
Debt restructuring plan
Actions Performed Board of Directors approval Approval by the General Assembly Bondholders adherence Homologation of the Plan in Brazilian Court EGM for increasing authorized capital Formalization of agreement of other creditors…
Next Steps Apportionment of capital increase leftovers Homologation of capital increase Exchange debt: delivery of new shares and issuing new securities (bonds and debentures) Expectation of new debt profile reflected in the…
Final Timeline 30 days of Preemptive Rights (3) Investment Agreement and EGM and End of Period Homologation of Capital Approval NY (1) RCA Notice (2) Preemptive Rights (4) Increase (6) Leftovers Auction (5) Timeline ndice…
Statement of Consolidated Balance Sheet Pro Forma Current and Non-Current Liabilities and Shareholders' Equity June 30th 2014 Restructuring Pro Forma R million Current Loans and Financings 362,667 -277,775 84,892 ndice Debentures…
Assets and Liabilities Held for Sale Operations Argentina Disclosure in August 11th, 2014 of Relevant Fact about binding proposal on the sale of Argentinian Units: - Vlvulas Worcester de Argentina S.A. - Esferomatic S.A. ndice -…
Q&A
IR Contacts Ricardo Doebeli CEO Thiago Piovesan CFO e DRI rilupatech.com.br www.lupatech.com.br/ri Fone: +55 (11) 2134-7000
Loading...
