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Financial Highlights<br />
Commitment to shareholder returns<br />
Cash and Financial Investments<br />
(in R$ millions)<br />
3Q11<br />
4Q10<br />
284<br />
1,270 468<br />
269<br />
1,487<br />
959 496<br />
1,712<br />
3,508<br />
3,435<br />
Financial Income<br />
• R$82.7 million in 3Q11: up 10.3% over 3Q10<br />
• Financial Income: R$102.0 million, a 9.9% increase<br />
over 3Q10, due to higher average interest rates paid<br />
on interest-earning investments<br />
• Financial Expenses: R$19.4 million, compared to<br />
R$17.9 million in the 3Q10, due mainly to the debt<br />
interest<br />
Market participants cash collateral and others*<br />
Restricted funds<br />
Subsidiaries**<br />
Available funds<br />
Investments (CAPEX) – 9M11: R$115MM<br />
(in R$ millions)<br />
Shareholder Returns (Payouts and Buyback Program)<br />
(in R$ millions)<br />
BuyBack<br />
Payout<br />
685.5<br />
29<br />
44 42<br />
227.7<br />
216.6 235.3<br />
106.1<br />
233.6<br />
250.4<br />
584.2<br />
R$1,269.7<br />
~R$0.65 per share<br />
1Q11 2Q11 3Q11<br />
1Q11<br />
2Q11<br />
3Q11<br />
9M11<br />
*Includes collaterals pledged by participants in the form of cash, receivables and rights in securities under custody , as well as payouts still undisbursed<br />
** Includes third party collaterals (R$142 million in the 4Q10 and R$119 million in the 3Q11) and restricted funds (R$11 million in the 4Q10 and in the 3Q11) at Banco BM&F<br />
50
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