Investor Presentaiton
Contents
Message from the CEO
Message from the Board
Covid-19
About this Report
Invepar
Invepar Management
Economic and
Financial Performance
Invepar Performance
Revenues
Costs and Expenses
EBITDA
Costs and Expenses
In 2019, Invepar Administrative Costs and
Expenses increased by 7.7%. The increase in
Operating costs is explained, in large part, by
higher consumption and the adjustment in
electricity fees at GRU Airport and MetrôRio.
The expenses of asphalt maintenance and vehicle
rental at Lamsa also increased. Administrative
Expenses increased 29.2% in relation to 2018
due to the recognition of judicial provisions
for administrative proceedings related to
regulatory issues arising from the normal course
of operations. These lawsuits are in progress
at the administrative level and the Company
has already presented defenses and appeals.
The reduction in Personnel Costs and
Expenses is explained by the organization
restructuring process and activities at GRU
Airport, started in February 2018.
Asphalt maintenance
on Lamsa
Results
Cash Flow and
Indebtedness
Other Topics
Investments and
Divestments
Credits
Operating Costs and Expenses (R$ Million)
Personnel
2018
2019
(521.4)
(511.7)
-1.9%
Conservation & Maintenance Operations
(185.5)
(146.4)
-21.1%
GRI Index
Administrative expenses
(279.0)
(379.5)
36.0%
Manageable Costs and Expenses
(113.6)
(146.8)
29.2%
Variable Concession Fees
(1,099.5)
(1,184.4)
7.7%
Depreciation and amortization
(226.9)
(232.3)
2.4%
Operating Costs & Expenses
(1,056.6)
(1,172.4)
11.0%
Adjustments 1
Construction Costs (IFRS)
(2,383.0)
(2,589.2)
8.7%
Impairment - VLT
(25.6)
(174.0)
578.6%
Impairment - Cart -
(24.0)
(25.8)
7.7%
(80.2)
n.m
(197.3)
n.m
(3,066.6)
26.1%
|
112
2019 AR invepar
Impairment - VIA 040 -
Operating Costs & Expenses
Operating Costs & Expenses
(2,432.6)
1. Disregards IFRS impacts in relation to construction revenue and costs, assets held for sale,
discontinued operations and impairment entries.View entire presentation