Webcast 1H09 Port

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<ul><li><p>Localiza Rent a Car S.A.Julho, 2009Resultados 2T09 e 1S09 (R$ milhes - USGAAP)</p></li><li><p>Diviso de aluguel de carros CAGR: 34,6%Frota mdia alugada (Quantidade)-3,1%Receita lquida (R$ milhes)CAGR: 31,3%-0,1%4,8%2,4%Mesmo num cenrio desfavorvel a receita cresceu 4,8% no 1S09.</p><p>Grf1</p><p>6654</p><p>9402</p><p>12842</p><p>15937</p><p>21848</p><p>20833</p><p>21341</p><p>21550</p><p>20888</p><p>Plan1</p><p>Receita lquida total</p><p>20042005200620072008</p><p>Seminovos197.1271.3357.2442.7585.7</p><p>Frota mdia alugada</p><p>200420052006200720081S081S092T082T09</p><p>Aluguel carros6,6549,40212,84215,93721,84820,83321,34121,55020,888</p><p>2.4%-3.1%</p><p>20042005200620072008</p><p>EBITDA79.0122.8150.2196.8259.3</p><p>20042005200620072008</p><p>31.151.620.841.349.1</p><p>20042005200620072008</p><p>AC79.0122.8150.2196.8259.3</p><p>Seminovos31.151.620.841.349.1</p><p>110.1174.4171.0238.1308.4</p><p>29.5%</p><p>29.4%</p><p>Plan1</p><p>79</p><p>122.8</p><p>150.2</p><p>196.8</p><p>259.3</p><p>R$ milhes</p><p>EBITDA</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>18,9%</p><p>R$ milhes</p><p>Ebitda - Seminovos</p><p>197.1</p><p>271.3</p><p>357.2</p><p>442.7</p><p>585.7</p><p>32,3%</p><p>R$ milhes</p><p>Receita lquida</p><p>271,3</p><p>7931.1</p><p>122.851.6</p><p>150.220.8</p><p>196.841.3</p><p>259.349.1</p><p>2,2%</p><p>37,1%</p><p>Quantidade</p><p>Frota mdia alugada</p><p>21.849</p><p>6.654</p><p>9.402</p><p>12.842</p><p>15.937</p><p>2004</p><p>2005</p><p>2006</p><p>2007</p><p>2008</p><p>6654</p><p>9402</p><p>12842</p><p>15937</p><p>21849</p><p>442,7</p><p>31,8%</p><p>R$ milhes</p><p>EBITDA - Aluguel</p><p>2004</p><p>2005</p><p>2006</p><p>2007</p><p>2008</p><p>79</p><p>122.8</p><p>150.2</p><p>196.8</p><p>259.3</p><p>31,8%</p><p>110,1</p><p>174,4</p><p>171,0</p><p>238,1</p><p>Aluguel de carros</p><p>Seminovos</p><p>R$ milhes</p><p>EBITDA - Total</p><p>308,4</p><p>Grf2</p><p>197.1</p><p>271.3</p><p>357.2</p><p>442.7</p><p>585.7</p><p>278.6</p><p>291.9</p><p>141</p><p>140.8</p><p>Plan1</p><p>Receita lquida total</p><p>200420052006200720081S081S092T082T09</p><p>AC197.1271.3357.2442.7585.7278.6291.9141.0140.8</p><p>4.8%-0.1%</p><p>Frota mdia alugada</p><p>20042005200620072008</p><p>Aluguel carros6,6549,40212,84215,93721,849</p><p>20042005200620072008</p><p>EBITDA79.0122.8150.2196.8259.3</p><p>20042005200620072008</p><p>31.151.620.841.349.1</p><p>20042005200620072008</p><p>AC79.0122.8150.2196.8259.3</p><p>Seminovos31.151.620.841.349.1</p><p>110.1174.4171.0238.1308.4</p><p>29.5%</p><p>29.4%</p><p>Plan1</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>R$ milhes</p><p>EBITDA</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>18,9%</p><p>R$ milhes</p><p>Ebitda - Seminovos</p><p>32,3%</p><p>R$ milhes</p><p>Receita lquida</p><p>271,3</p><p>00</p><p>00</p><p>00</p><p>00</p><p>00</p><p>2,2%</p><p>37,1%</p><p>Quantidade</p><p>Frota mdia alugada</p><p>21.849</p><p>6.654</p><p>9.402</p><p>12.842</p><p>15.937</p><p>2004</p><p>2005</p><p>2006</p><p>2007</p><p>2008</p><p>6654</p><p>9402</p><p>12842</p><p>15937</p><p>21849</p><p>442,7</p><p>31,8%</p><p>R$ milhes</p><p>EBITDA - Aluguel</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>31,8%</p><p>110,1</p><p>174,4</p><p>171,0</p><p>238,1</p><p>Aluguel de carros</p><p>Seminovos</p><p>R$ milhes</p><p>EBITDA - Total</p><p>308,4</p></li><li><p>Diviso de aluguel de frotasCAGR: 23,1%Frota mdia alugada (Quantidade)11,9%CAGR: 21,3%Receita lquida (R$ milhes)15,5%19,1%18,6%O aumento da receita decorreu do aumento de volume e de preos.</p><p>Grf1</p><p>7796</p><p>9308</p><p>11635</p><p>14295</p><p>17880</p><p>16352</p><p>19391</p><p>16987</p><p>19005</p><p>14.295</p><p>11.635</p><p>9.308</p><p>7.796</p><p>17.880</p><p>Plan1</p><p>Receita lquida total</p><p>20042005200620072008</p><p>Seminovos127.8149.2190.2228.2276.9</p><p>Frota mdia alugada</p><p>200420052006200720081S081S092T082T09</p><p>Aluguel frotas7,7969,30811,63514,29517,88016,35219,39116,98719,005</p><p>18.6%11.9%</p><p>20042005200620072008</p><p>EBITDA81.093.0131.4156.8185.4</p><p>20042005200620072008</p><p>Lucro5.47.56.15.15.4</p><p>20042005200620072008</p><p>AF81.093.0131.4156.8185.4</p><p>Seminovos5.47.56.15.15.4</p><p>86.4100.5137.5161.9190.8</p><p>Plan1</p><p>81</p><p>93</p><p>131.4</p><p>156.8</p><p>185.4</p><p>18,2%</p><p>R$ milhes</p><p>EBITDA - Aluguel</p><p>5.4</p><p>7.5</p><p>6.1</p><p>5.1</p><p>5.4</p><p>5,9%</p><p>R$ milhes</p><p>EBITDA - Seminovos</p><p>127.8</p><p>149.2</p><p>190.2</p><p>228.2</p><p>276.9</p><p>21,3%</p><p>R$ milhes</p><p>Receita lquida</p><p>271,3</p><p>2,2%</p><p>25,1%</p><p>Quantidade</p><p>Frota mdia alugada</p><p>17.880</p><p>7.796</p><p>9.308</p><p>11.635</p><p>14.295</p><p>2004</p><p>2005</p><p>2006</p><p>2007</p><p>2008</p><p>7796</p><p>9308</p><p>11635</p><p>14295</p><p>17880</p><p>228,2</p><p>18,2%</p><p>86,4</p><p>100,5</p><p>137,5</p><p>161,9</p><p>190,8</p><p>Aluguel de frotas</p><p>Seminovos</p><p>R$ milhes</p><p>EBITDA - Total</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>Grf1</p><p>127.8</p><p>149.2</p><p>190.2</p><p>228.2</p><p>276.9</p><p>127.7</p><p>152.1</p><p>66</p><p>76.2</p><p>Plan1</p><p>Receita lquida total</p><p>200420052006200720081S081S092T082T09</p><p>AF127.8149.2190.2228.2276.9127.7152.166.076.2</p><p>19.1%15.5%</p><p>Frota mdia alugada</p><p>20042005200620072008</p><p>Aluguel frotas7,7969,30811,63514,29517,880</p><p>20042005200620072008</p><p>EBITDA81.093.0131.4156.8185.4</p><p>20042005200620072008</p><p>Lucro5.47.56.15.15.4</p><p>20042005200620072008</p><p>AF81.093.0131.4156.8185.4</p><p>Seminovos5.47.56.15.15.4</p><p>86.4100.5137.5161.9190.8</p><p>Plan1</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>18,2%</p><p>R$ milhes</p><p>EBITDA - Aluguel</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>5,9%</p><p>R$ milhes</p><p>EBITDA - Seminovos</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>21,3%</p><p>R$ milhes</p><p>Receita lquida</p><p>271,3</p><p>2,2%</p><p>25,1%</p><p>Quantidade</p><p>Frota mdia alugada</p><p>17.880</p><p>7.796</p><p>9.308</p><p>11.635</p><p>14.295</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>228,2</p><p>18,2%</p><p>86,4</p><p>100,5</p><p>137,5</p><p>161,9</p><p>190,8</p><p>Aluguel de frotas</p><p>Seminovos</p><p>R$ milhes</p><p>EBITDA - Total</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p></li><li><p>Investimento em frotaA frota da diviso de aluguel de carros j est ajustada.</p></li><li><p>Frota no final do perodo e taxa de utilizaoTaxa de utilizao Diviso de aluguel de carrosFrota no final do perodo (quantidade)CAGR: 21,5%28.69935.86546.00353.47662.51559.69052.223-12,5% Aluguel de carros Aluguel de frotas 2,5 p.p.3,4 p.p.Meta para taxa de utilizao em 2009: mnimo de 72%.</p><p>Grf2</p><p>0.696</p><p>0.721</p><p>0.728</p><p>0.762</p><p>Plan1</p><p>LOCALIZA1998199920002001200220032004200520062007Up to Sep. 2008</p><p>Average purchase price (nominal)12,63513,78814,57514,58615,60016,14119,96024,35025,84025,65027,600</p><p>Average sale price (nominal)10,77011,36213,46413,97114,02616,68119,49023,06024,77027,46027,930</p><p>Average capex for renewal1,8652,4261,1116151,574-5404701,2901,070-1,810-330</p><p>AVERAGE DEPRECIATION3,2852,6403,6182,1421,6561,752322.9492.3939.1332.9777</p><p>% over average purchase price26.0%19.1%24.8%14.7%10.6%10.9%1.6%2.0%3.6%1.3%2.8%</p><p>2.8%</p><p>1.3%</p><p>3.6%</p><p>2.0%</p><p>1.6%</p><p>% over average purchase price</p><p>777.0</p><p>332.9</p><p>939.1</p><p>492.3</p><p>322.9</p><p>Average depreciation</p><p>(330.0)</p><p>(1,810.0)</p><p>1,070.0</p><p>1,290.0</p><p>470.0</p><p>Average capex for renewal</p><p>27,930.0</p><p>27,460.0</p><p>24,770.0</p><p>23,060.0</p><p>19,490.0</p><p>Average sale price (nominal)</p><p>27,600.0</p><p>25,650.0</p><p>25,840.0</p><p>24,350.0</p><p>19,960.0</p><p>Average purchase price (nominal)</p><p>Up to Sep.2008</p><p>2007</p><p>2006</p><p>2005</p><p>2004</p><p>Localiza</p><p>Depreciao Aluguel carro</p><p>1S081S092T082T09</p><p>69.6%72.1%72.8%76.2%</p><p>% preo compra-0%0%0%0%0%0%0%0%0%0%</p><p>% preo venda-4%1%5%-100%0%0%0%0%0%0%</p><p>Depreciao Aluguel carro</p><p>&amp;A</p><p>Page &amp;P</p><p>Growth of purchase price (%)</p><p>Growth of sale price (%)</p><p>Average depreciation</p><p>Aumento real x depreciao</p><p>Plan2</p><p>Plan3</p><p>MBD001CF019.xls</p><p>Grf2</p><p>0.23667905820.1684652278322.9</p><p>0.21993987980.1831708568492.3</p><p>0.06119096510.0741543799939.1</p><p>-0.00735294120.1085991118332.9</p><p>0.07602339180.0171158048777</p><p>Growth of purchase price (%)</p><p>Growth of sale price (%)</p><p>Average depreciation</p><p>DepreciaoConsolidada</p><p>20032004200520062007At set/08</p><p>Aumento do carro novo (Plio)14.0%17.4%9.4%4.0%5.0%0.0%</p><p>Inflao pelo IPCA9.3%7.6%5.7%3.1%4.5%0.0%</p><p>Aumento real do preo de carros novos4,7 p.p.9,8 p.p.3,7 p.p.0,9 p.p.0,6 p.p.0,6 p.p.</p><p>Depreciao mdia por carro - aluguel de carros1,752.3322.9492.3939.1332.9333.9</p><p>% depreciao sobre receita de aluguel de carros9.2%1.8%2.9%5.2%1.7%101.7%</p><p>20032004200520062007At set/08</p><p>Aumento do carro novo (Plio)14.0%17.4%9.4%4.0%5.0%0.0%</p><p>Inflao pelo IPCA9.3%7.6%5.7%3.1%4.5%0.0%</p><p>Aumento (queda) real do preo de carros novos4.7%9.8%3.7%0.9%0.6%0,6%</p><p>Localiza20042005200620072008Depreciao mdia por carro1,752.3970.91,426.11,489.11,153.01,429.1</p><p>preo mdio compra19,960.024,350.025,840.025,650.027,600.0% sobre receita de aluguel9.2%</p><p>preo mdio venda19,490.023,060.024,770.027,460.027,930.0</p><p>capex mdio renovao470.01,290.01,070.0(1,810.0)(330.0)</p><p>depreciao mdia322.9492.3939.1332.9777.020061T072T079M072007</p><p>% sobre preo mdio de compra1.6%2.0%3.6%1.3%2.8%Preo do carro novo plio24,590.024,790.024,990.025,520.025,830.0</p><p>0.81%1.63%3.78%5.04%</p><p>Total Fleet20042005200620072008</p><p>preo mdio compra30,200.032,250.033,190.033,750.029,340.0</p><p>preo mdio venda17,300.025,170.025,600.028,560.028,690.0</p><p>capex mdio renovao12,900.07,080.07,590.05,190.0650.0</p><p>depreciao mdia1,845.52,981.32,383.32,395.82,552.1</p><p>% sobre preo mdio de compra6.1%9.2%7.2%7.1%8.7%</p><p>Consolidado20042005200620072008</p><p>preo mdio compra21,940.026,080.027,620.027,550.029,340.0</p><p>preo mdio venda18,790.023,400.024,960.027,670.028,100.0http://www.portalbrasil.net/ipca.htm</p><p>capex mdio renovao3,150.02,680.02,660.0(120.0)1,240.0</p><p>depreciao mdia970.91,426.11,489.11,153.01,429.1</p><p>% sobre preo mdio de compra4.4%5.5%5.4%4.2%4.9%depreciao car rental / receita aluguel carros</p><p>IPCA 20074.46%</p><p>DepreciaoConsolidada</p><p>970.90.0982</p><p>1426.10.0371</p><p>1489.10.009</p><p>11530.0058270028</p><p>1429.10</p><p>&amp;A</p><p>Page &amp;P</p><p>Reais</p><p>Depreciao mdia por carro</p><p>Aumento (queda) real do preo de carros novos</p><p>Aumento real x depreciao</p><p>4.7p.p.</p><p>9.8p.p.</p><p>3.7p.p.</p><p>0.9p.p.</p><p>0.6p.p.</p><p>3,7p.p.</p><p>-0,5p.p.</p><p>0,9p.p.</p><p>Depreciao Aluguel carro</p><p>20032004200520062007At set/08</p><p>Aumento do carro novo (Plio)14.0%17.4%9.4%4.0%5.0%0.0%</p><p>Inflao pelo IPCA9.3%7.6%5.7%3.1%4.5%0.0%</p><p>Aumento real do preo de carros novos4,7 p.p.9,8 p.p.3,7 p.p.0,9 p.p.0,6 p.p.0,6 p.p.</p><p>Depreciao mdia por carro - aluguel de carros1,752.3322.9492.3939.1332.9333.9</p><p>% depreciao sobre receita de aluguel de carros9.2%1.8%2.9%5.2%1.7%101.7%</p><p>20032004200520062007At set/08</p><p>Aumento do carro novo (Plio)14.0%17.4%9.4%4.0%5.0%</p><p>Inflao pelo IPCA9.3%7.6%5.7%3.1%4.5%</p><p>Aumento (queda) real do preo de carros novos4.7%9.8%3.7%0.9%0.6%0.6%http://www.portalbrasil.net/ipca.htm</p><p>Depreciao mdia por carro1,752.3322.9492.3939.1332.9777.0</p><p>Localiza200320042005200620072008% sobre receita de aluguel9.2%1.8%2.9%5.2%1.7%depreciao car rental / receita aluguel carros</p><p>preo mdio compra (preos correntes)16,140.019,960.024,350.025,840.025,650.027,600.0</p><p>preo mdio venda (preos correntes)16,680.019,490.023,060.024,770.027,460.027,930.0</p><p>capex mdio renovao(540.0)470.01,290.01,070.0(1,810.0)(330.0)</p><p>depreciao mdia322.9492.3939.1332.9777.0</p><p>% sobre preo mdio de compra1.6%2.0%3.6%1.3%2.8%20061T072T079M072007IPCA 20074.46%</p><p>Preo do carro novo plio24,590.024,790.024,990.025,520.025,830.0</p><p>Localiza2003200420052006200720080.81%1.63%3.78%5.04%</p><p>preo mdio compra (base)100192.29220.04233.71213.91220.03</p><p>preo mdio venda (base 100)100187.76208.38214.44229.01222.66</p><p>capex mdio renovao4.511.719.3(15.1)(2.6)</p><p>IPCA7.60%5.69%3.14%4.46%4.76%</p><p>107.60105.69103.14104.46104.76</p><p>103.80106.75108.43110.85113.48</p><p>192.29228.10238.31231.40243.21</p><p>% preo compra24%22%6%-1%8%</p><p>% preo venda17%18%7%11%2%</p><p>Localiza200320042005200620072008</p><p>preo mdio compra (IPCA)100177.67107.92102.8887.4597.97</p><p>preo mdio venda (IPCA)100173.49104.6799.67102.0392.60</p><p>capex mdio renovao4.23.33.2(14.6)5.4</p><p>depreciao mdia42.4886.52298.9174.69163.36</p><p>% sobre preo mdio de compra23.9%80.2%290.6%85.4%166.7%</p><p>Depreciao mdia por carro Aumento real do preo do carro novo</p><p>Depreciao Aluguel carro</p><p>00</p><p>00</p><p>00</p><p>00</p><p>00</p><p>&amp;A</p><p>Page &amp;P</p><p>Reais</p><p>Depreciao mdia por carro</p><p>Aumento (queda) real do preo de carros novos</p><p>Aumento real x depreciao</p><p>0,9p.p.</p><p>-0,5p.p.</p><p>3,7p.p.</p><p>0.6p.p.</p><p>0.9p.p.</p><p>3.7p.p.</p><p>9.8p.p.</p><p>4.7p.p.</p><p>000</p><p>000</p><p>000</p><p>000</p><p>000</p><p>Depreciao mdia por carro Aumento real do preo do carro novo</p><p>Depreciao mdia por carro</p><p>Aumento (queda) real do preo de carros novos</p><p>Aumento real x depreciao</p><p>4.7p.p.</p><p>9.8p.p.</p><p>3.7p.p.</p><p>0.9p.p.</p><p>0.6p.p.</p><p>3,7p.p.</p><p>-0,5p.p.</p><p>0,9p.p.</p><p>2004</p><p>2005</p><p>2006</p><p>2007</p><p>At set/08</p><p>322.9</p><p>0.0982</p><p>492.3</p><p>0.0371</p><p>939.1</p><p>0.009</p><p>332.9</p><p>0.0058270028</p><p>777</p><p>0.006</p><p>&amp;A</p><p>Page &amp;P</p><p>Aumento do preo de compra</p><p>Aumento do preo de venda</p><p>Depreciao mdia</p><p>Aumento real x depreciao</p><p>Grf1</p><p>195319168</p><p>2410311762</p><p>3137314630</p><p>3568617790</p><p>3911223403</p><p>3931420376</p><p>3058521638</p><p>Plan1</p><p>Receita lquida total</p><p>20042005200620072008</p><p>Seminovos127.8149.2190.2228.2276.9</p><p>Frota no final de perodo</p><p>200420052006200720081S081S09</p><p>Aluguel frotas9,16811,76214,63017,79023,40320,37621,638</p><p>Aluguel de carros19,53124,10331,37335,68639,11239,31430,585</p><p>52,223</p><p>20042005200620072008</p><p>EBITDA81.093.0131.4156.8185.4</p><p>20042005200620072008</p><p>Lucro5.47.56.15.15.4</p><p>20042005200620072008</p><p>AF81.093.0131.4156.8185.4</p><p>Seminovos5.47.56.15.15.4</p><p>86.4100.5137.5161.9190.8</p><p>Plan1</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>18,2%</p><p>R$ milhes</p><p>EBITDA - Aluguel</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>5,9%</p><p>R$ milhes</p><p>EBITDA - Seminovos</p><p>21,3%</p><p>R$ milhes</p><p>Receita lquida</p><p>271,3</p><p>2,2%</p><p>25,1%</p><p>Quantidade</p><p>Frota mdia alugada</p><p>17.880</p><p>7.796</p><p>9.308</p><p>11.635</p><p>14.295</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>228,2</p><p>18,2%</p><p>86,4</p><p>100,5</p><p>137,5</p><p>161,9</p><p>190,8</p><p>Aluguel de frotas</p><p>Seminovos</p><p>R$ milhes</p><p>EBITDA - Total</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p></li><li><p>Receita lquida consolidadaFrota mdia alugada (quantidade)3,5%CAGR: 28,8%14.45018.71024.47730.23239.72838.53739.893 Aluguel de carros Aluguel de frotas 9,5%37.18540.732-3,7% Aluguis Seminovos CAGR: 30,8%Receita lquida (R$ milhes)634,4876,91.145,41.531,71.855,7432,3416,5-4,4%902,8862,75,1%9,4%</p><p>Grf1</p><p>66547796</p><p>94029308</p><p>1284211635</p><p>1593714295</p><p>2184817880</p><p>2083316352</p><p>2134119391</p><p>2155016987</p><p>2088819005</p><p>Plan1</p><p>Receita lquida total</p><p>20042005200620072008</p><p>Seminovos127.8149.2190.2228.2276.9</p><p>Frota mdia alugada</p><p>200420052006200720081S081S092T082T09</p><p>Aluguel frotas7,7969,30811,63514,29517,88016,35219,39116,98719,005</p><p>Aluguel de carros6,6549,40212,84215,93721,84820,83321,34121,55020,888</p><p>14,45018,71024,47730,23239,72837,18540,73238,53739,893</p><p>31.4%9.5%3.5%</p><p>20042005200620072008</p><p>EBITDA81.093.0131.4156.8185.4</p><p>20042005200620072008</p><p>Lucro5.47.56.15.15.4</p><p>20042005200620072008</p><p>AF81.093.0131.4156.8185.4</p><p>Seminovos5.47.56.15.15.4</p><p>86.4100.5137.5161.9190.8</p><p>Plan1</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>18,2%</p><p>R$ milhes</p><p>EBITDA - Aluguel</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>5,9%</p><p>R$ milhes</p><p>EBITDA - Seminovos</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>21,3%</p><p>R$ milhes</p><p>Receita lquida</p><p>271,3</p><p>2,2%</p><p>25,1%</p><p>Quantidade</p><p>Frota mdia alugada</p><p>17.880</p><p>7.796</p><p>9.308</p><p>11.635</p><p>14.295</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>228,2</p><p>18,2%</p><p>86,4</p><p>100,5</p><p>137,5</p><p>161,9</p><p>190,8</p><p>Aluguel de frotas</p><p>Seminovos</p><p>R$ milhes</p><p>EBITDA - Total</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>0</p><p>Grf1</p><p>331.4303</p><p>428.7448.2</p><p>555.1590.3</p><p>678.5853.2</p><p>872.5983.2</p><p>411.1491.7</p><p>449.6413.1</p><p>209.5222.8</p><p>220.2196.3</p><p>Aluguis</p><p>Seminovos</p><p>Plan1</p><p>ok</p><p>Receita20042005200620072008</p><p>Aluguel carros31.151.620.841.349.1</p><p>Aluguel frotas5.47.56.15.15.4</p><p>36.559.126.946.454.5</p><p>SIM</p><p>cagr0.0%</p><p>-16.4%</p><p>ok</p><p>Receita1T071T082T072T083T073T084T074T08Var. at set3T</p><p>Aluguel e francshising159.4201.6157.0209.5168.3227.5193.8233.935.2%20.7%</p><p>Seminovos244.2268.9174.1222.8214.5302.9220.3188.641.2%-14.4%</p><p>403.6470.5331.1432.3382.8530.4414.1422.538.6%2.0%</p><p>ok</p><p>2004200520062007200828.0%</p><p>EVA(*) (em milhes de reais)39.255.576.2114.3100.0</p><p>WACC nominal16.9%15.7%11.0%11.2%10.9%</p><p>ROIC24.6%24.8%18.7%21.3%17.0%</p><p>41.6%37.3%50.0%-12.5%</p><p>SIM</p><p>ok</p><p>Lucro Lquido200420052006200720084T074T083T08</p><p>Aluguel e franchising90.7106.5138.2190.8127.355.9(29.7)50.1-56.1%-268.7%</p><p>SIMSeminovos-18.6-38.0-63.3-47.4-9.6-100.0%-70.0%</p><p>Franchising0.22.11.93.20.3-100.0%-61.9%</p><p>Lucro lquido do perodo90.6106.5138.2190.231.555.9</p><p>17.5%29.8%37.6%77.5%</p><p>cagr28.0%52.0</p><p>17.4%29.8%38.1%-56.1%</p><p>ok</p><p>20072008</p><p>1T45.453.5</p><p>2T38.453.6</p><p>3T50.450.1</p><p>4T55.9(29.7)</p><p>ok</p><p>20072008</p><p>1T14,69720,097</p><p>2T14,34721,550</p><p>3T15,65322,700</p><p>4T18,98022,772</p><p>ok</p><p>20072008</p><p>1T104.4137.6</p><p>2T98.7141.0</p><p>3T108.0151.9</p><p>4T131.6155.2</p><p>ok</p><p>20072008</p><p>1T61.279.3</p><p>2T45.277.2</p><p>3T60.680.6</p><p>4T71.171.4</p><p>ok</p><p>20072008</p><p>1T13,32515,720</p><p>2T13,94116,987</p><p>3T14,65218,532</p><p>4T15,24620,291</p><p>ok</p><p>20072008</p><p>1T53.361.6</p><p>2T56.366.0</p><p>3T58.473.2</p><p>4T60.276.1</p><p>ok</p><p>20072008</p><p>1T36.040.7</p><p>2T39.545.0</p><p>3T43.152.2</p><p>4T43.153.0</p><p>CompradosVendidos</p><p>1T7,2139,292</p><p>2T16,4197,716</p><p>3T17,86710,627</p><p>4T2,7126,646</p><p>ok</p><p>20072008</p><p>1T8,8709,292</p><p>2T6,0067,716</p><p>3T7,70910,627</p><p>4T7,5086,646</p><p>ok</p><p>20072008</p><p>1T244.2268.9</p><p>2T174.1222.8</p><p>3T214.5302.9</p><p>4T220.3188.6</p><p>ok</p><p>20072008</p><p>1T13.820.0</p><p>2T8.713.2</p><p>3T12.118.3</p><p>4T11.73.1</p><p>ok