1. BRASIL ECODIESEL S.A.
BRASIL ECODIESEL S.A.
Investor Relations
NBome & Business Development
2. BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Strategy
Results – 1Q10
Perspectives
3. BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Strategy
Results – 1Q10
Perspectives
4. BRASIL ECODIESEL S.A. | Brazilian Diesel Market - What is Biodiesel?
Key Factor of Success:
technology or raw material? “Our goal is to achieve the highest standard
quality in large scale production using
different vegetable oils!”
Technology Raw Material
5. BRASIL ECODIESEL S.A. | Brazilian Diesel Market
Brazilian Diesel Market (‘000,000 m³)
Diesel is the main Brazilian
fuel, 42% of all oil derived
fuels and more than 50% of
transportation fuels.
Domestic market extremely significant,
favoring the development and consolidation
Source: National Agency for Petroleum, Natural Gas and Biofuels – ANP.
of the sector. (*) 2009 Forecast
6. BRASIL ECODIESEL S.A. | Brazilian Diesel Market – National Biodiesel Program
Biodiesel Law: Mandatory
Current blend percentages are only the
use to increase production initial stimulus.
Higher blends are already feasible in
engines.
2010 on
Jul/09 – Dec/09 Blend: min. 5%
Jul/08 – Jun/09 Blend: min. 4%
Blend: min. 3%
1st Sem/08
Blend: min. 2%
2005 – 2007
Blend: up to 2%
Production growth shows the
success of the program
Source: ANP.
(1) Forecast considers B5 in 2010.
7. BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Strategy
Results – 1Q10
Perspectives
8. BRASIL ECODIESEL S.A. | The Company- Brasil Ecodiesel on the map
Brasil Ecodiesel on the map
Biodiesel Plants
Farms
9. BRASIL ECODIESEL S.A. | The Company – Board of Administration and Officers
Board Members Main Executives
Name / Position Age Name / Position Age
Carlos Antonio Rocca Mauro A. Cerchiari
69 56
Chairman and Independent Board Member Chief Executive Officer (CEO)
Joel Mendes Rennó Charles Mann de Toledo
72 51
Vice-Chairman Investors Relations and New Businesses Officer
Mauro Fernando Maria Arruda Eduardo de Come
63 44
Board Member Chief Financial Officer (CFO)
Silvio Tini de Araújo Guilherme Augusto Raposo
63 43
Board Member Operations Officer
Jose Ferraz Ferreira Filho Expedito Parente Júnior
63 29
Board Member Industrial Officer
Marco Antonio Moura de Castro
Board Member
56 Corporate Governance
Wagner Pinheiro de Oliveira All common shares with equal voting rights
47
Independent Board Member
Tag-Along of 100%
None of the board members are executives
Active Fiscal Council
11. BRASIL ECODIESEL S.A. | The Company – Fulfillment of Contracts Evolution
Fulfillment of Contracts with Petrobras
12. BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Strategy
Results – 1Q10
Perspectives
13. BRASIL ECODIESEL S.A. | The Company – Strategic Direction for the next 5 years
Biodiesel Scenario:
“Higher demand for
biodiesel , more control of
Strategic
vegetable oil supply, and
less interference of the
Direction
government.”
STRATEGIC
EQUITIES OPERATIONAL
FIXED INCOME DIVESTMENT
SERVICES
Long Term Short Term Idle Assets
Search for alternative raw materials Reallocation of Floriano and Crateús idle assets Selling our farms in Piauí, Ceará and Minas Gerais
and the crushing units equipments from Porto states
Viability studies of Jatropha Curcas Nacional
plantations in BA, MS and other Selling of Crateús crushing unit
locations. Activate Iraquara and São Luiz Gonzaga’s
crushing units.
Search partners for the development
of R&D in the agricultural area Project to improve industrial efficiency
Search for raw material supply partnerships for Social Fuel Stamp (Selo Combustível Social) -
the short and medium terms. work with more advanced forms of Family
Farming organizations
Corporate Restructuring – Headquarters and
organizational Search for long term financing
Redefinition of the Corporate Image
Creation of the Company’s industrial R&D
Monitoring M&A opportunities in the market
14. BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Strategy
Results – 1Q10
Perspectives
15. BRASIL ECODIESEL S.A. | Results – 2009 Highlights
Net Revenue of R$149.4 million and Adjusted Net Revenue(*) of R$138.5 million in 1Q10
Net Income of R$14.3 million with EBITDA of R$23.4 million
Adjusted Net Income(*) of R$7.5 million and Adjusted EBITDA(*) of R$12.65 million in 1Q10
EBITDA Margin of 16.9% and Adjusted EBITDA Margin(*) of 9.1% in 1Q10
Reduction in indebtedness from R$66.5 million (4Q09) to R$65.8 million (1Q10);
Increase of 29.7% in net cash, from R$37.3 million (4Q09) to R$48.2 million (1Q10);
Announcement of the Company’s strategic positioning for the next 5 years
16. BRASIL ECODIESEL S.A. | Results– 4Q09 Results
(*) Excludes non-recurring revenue in the amount of R$10.8 million, resulting from accumulated ICMS tax benefits,
pursuant to CPC07 (see Explanatory Note 22 to the Financial Statements).
17. BRASIL ECODIESEL S.A. | Results – Revenue, Costs and Expenses
(*) Excludes non-recurring revenue in the amount of R$10.8 million, resulting from accumulated ICMS tax benefits,
pursuant to CPC07 (see Explanatory Note 22 to the Financial Statements).
19. BRASIL ECODIESEL S.A. | Results – Net Profit
(a) Excludes other expenses not directly related to operating, non-recurring expenses and Strategic Rerouting Adjustments in the
amount of R$93.15 million (see Explanatory Note 24 to the 4Q09 Financial Statements).
(b) Excludes non-recurring revenue in the amount of R$10.8 million, resulting from accumulated ICMS tax benefits, pursuant to
CPC07 (see Explanatory Note 22 to the Financial Statements).
20. BRASIL ECODIESEL S.A. | Results – EBITDA
(a) Excludes other expenses not directly related to operating, non-recurring expenses and Strategic Rerouting Adjustments in the
amount of R$93.15 million (see Explanatory Note 24 to the 4Q09 Financial Statements).
(b) Excludes non-recurring revenue in the amount of R$10.8 million, resulting from accumulated ICMS tax benefits, pursuant to
CPC07 (see Explanatory Note 22 to the Financial Statements).
21. BRASIL ECODIESEL S.A. | Results – Prices and Financial Volume Evolution
Price Evolution Financial Volume
Ibovespa x Ecod3 Ecod3
(100 basis in Jan/09) (in million reais)
12 M Average – R$38million
22. BRASIL ECODIESEL S.A. | Results – Market Cap and Shareholding Structure
Market Cap: Shareholding Structure (%)
(05/10/2010) (03/31/2010)
R$ 761,511,163.35
Number of Shares:
725,248,727
Number of shareholders: 26,385
23. BRASIL ECODIESEL S.A. | The Company – Index and ETF
Participation in the main index/ETF:
PRESENT PERSPECTIVES
• IBOVESPA • Carbon Efficient Index
• IBRX50
• IBX
• IGCX
• ITAG
• SMLL
• IVBX2
• ETF – BlackRock (New York)
24. BRASIL ECODIESEL S.A.
Brazilian Biodiesel Market
The Company
Strategy
Results – 1Q10
Perspectives
25. BRASIL ECODIESEL S.A. | Perspectives for the Brazilian Biodiesel Sector
100% increase in the current
Metropolitan biodiesel demand
B20 (2.5 billion liters)
Aggressive goals in International UBRABIO
Europe are a future Biodiesel Perspectives B20 until 2015 initiative
opportunity for Brazilian Market
producers
Proposition already
Diesel cars approved by a Senate
Commission
26. BRASIL ECODIESEL S.A.
BRASIL ECODIESEL S.A.
Investor Relations
Phone: 55 21 2546-5031
NBome
ri@brasilecodiesel.com.br
www.brasilecodiesel.com.br
