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53<br />
Income Statement Summary<br />
R$ millions 3Q11 3Q10<br />
Change<br />
3Q11 / 3Q10<br />
2Q11<br />
Change<br />
3Q11/2Q11<br />
Operating Revenues Gross 547.1 544.1 0.6% 521.3 5.0%<br />
Net Operating Revenues 493.7 489.3 0.9% 467.6 5.6%<br />
Operating Expenses (169.6) (167.6) 1.2% (166.8) 1.7%<br />
Operating Income 324.1 321.8 0.7% 300.9 7.7%<br />
Equity accounting 28.3 23.1 22.3% 22.1 28.1%<br />
Financial Income 82.7 74.9 10.3% 70.8 16.7%<br />
Income before Taxes 435.1 419.9 3.6% 393.8 10.5%<br />
Net Income* 292.0 293.0 -0.3% 294.2 -0.7%<br />
EBITDA 347.5 338.9 2.5% 313.2 10.9%<br />
EBITDA Margin 70.4% 69.2% 113 bps 67.0% 340 bps<br />
Adjusted Net Income 399.6 389.0 2.7% 409.2 -2.3%<br />
Adjusted earnings per share (in R$) 0.205459 0.194071 5.9% 0.208948 -1.7%<br />
Adjusted EBITDA 356.0 344.3 3.4% 323.3 10.1%<br />
Adjusted EBITDA Margin 72.1% 70.4% 174 bps 69.1% 297 bps<br />
Adjusted Operating Expenses (136.3) (145.8) -6.6% (143.7) -5.2%<br />
* Attributable to BM&F<strong>BOVESPA</strong>´s Shareholders
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