1
This presentation does not constitute an offer, or invitation, or solicitation of an offer to subscribe for or purchase This presentation any securities does neither not constitute does this an presentation offer, or invitation, nor anything or solicitation contained of herein an offer form to the subscribe basis to any for or contract purchase or commitment any securities whatsoever. neither does this presentation nor anything contained herein form the basis to any contract or commitment whatsoever. The material that follows contains general business information about Brasil Brokers Participações S.A. related The material to the quarter that follows ended contains December general 31, business 2010. It information is not intended about to Brasil be relied Brokers upon Participações as advice to S.A. potential related investors. the quarter The information ended on September does not purport 30, 2011. to be It complete is not intended and is in to summary be relied form. upon No as reliance advice to should potential be placed investors. on the The accuracy, information fairness, does not or completeness purport to be complete of the information and is summary presented form. herein No and reliance no representation should be placed or warranty, on the accuracy, express or fairness, implied, or is made completeness concerning of the accuracy, information fairness, presented or completeness herein and no of representation the information or presented warranty, herein. express or implied, is made concerning the accuracy, fairness, or completeness of the information presented herein. This presentation contains statements that are forward-looking and are only predictions, not guarantees of future This performance. presentation contains Investors statements are warned that that are these forward-looking and statements are only predictions, are and will not be guarantees subject to of many future risks, performance. uncertainties, Investors and factors are warned related that to the these operations forward-looking and business statements environments are and of will Brasil be subject Brokers to and many its subsidiaries risks, uncertainties, such as and competitive factors related pressures, to the the operations performance and business of the environments Brazilian economy of Brasil and Brokers the industry, and its changes subsidiaries on market such as conditions, competitive among pressures, other the factors performance disclosed in of Brasil the Brazilian Brokers economy filed disclosure and the documents. industry, changes Such risks on may market cause conditions, the actual among results other of the factors companies disclosed to be in materially Brasil Brokers different filed from disclosure any future documents. results expressed Such risks or may implied cause in the such actual forward-looking results of the statements. companies Brasil to be Brokers materially believes different that from based any on future information results expressed currently available or implied to in Brasil such forward-looking Brokers management, statements. the Brasil expectations Brokers and believes assumptions that based reflected on information the forward-looking currently available statements to Brasil are reasonable. Brokers management, the expectations and assumptions reflected in the forward-looking statements are reasonable. Lastly, Brasil Brokers expressly refuses any duty to update any of the forward-looking statements contained herein. Lastly, Brasil Brokers expressly refuses any duty to update any of the forward-looking statements contained herein. 2
Company Operating Highlights Financial Highlights 3
The Company 23 (1) Subsidiaries Operating in 15 states and DF 16,652 (1) Brokers 1,081 (1) (2) Points of Sales 4 (1) Consider all operational mergers made by the Company, except the most recent acquisitions M. Garzon, Home Hunters, Vera Bernardes e Imóveis no Morumbi, whose operating and financial data have not been consolidated in the results (2) Includes 234 Rede Morar points of sale.
Highlights R$ 10.4 billion PSV, increase of 59% compared to Total contracted sales of R$ 5.2 billion, increase of 34% compared to Increase of 37% in contracted sales in the primary market compared to Increase of 33% on the sales force, from 12,549 brokers in to 16,652 in Acquisition of four new real estate from June to October this year, totaling an PSV of R $ 1.4 billion* 5 * The operating and financial data from recent acquisitions of M. Garzon, Home Hunters, Vera Bernardes e Imóveis no Morumbi, have not been consolidated in the results.
Highlights Increase of 32% on net revenues compared to, from R$ 84.2 million to R$ 111.5 million EBITDA of R$ 43.8 million, increase of 42% compared to net profit of R$ 33.5 million, increase of 72% compared to EBITDA margin stood 39% Net margin rose from 23% to 30%, comparing to, increase of 7 p.p. 6 * The operating and financial data from recent acquisitions of M. Garzon, Home Hunters, Vera Bernardes e Imóveis no Morumbi, have not been consolidated in the results.
Company Operating Highlights Financial Highlights 7 7
Primary Market - PSV (R$ MM) PSV (R$ thousand) Launched Units Launched Units 10,345 28,599 18% 33,668 6,497 8 * The figures above include 100% of Contracted Sales and Contracted Units of our subsidiary Abyara Brokers. The data above does not consider the recent acquisitions M. Garzon, Home Hunters, Vera Bernardes e Imóveis no Morumbi.
Total Contracted Sales Contracted Sales (R$ MM) Contracted Sales (R$ thousand) Contracted Units Units Sold 3,882 5,191 17,521 19,626 9 * The figures above include 100% of Contracted Sales and Contracted Units of our subsidiary Abyara Brokers. The data above does not consider the recent acquisitions M. Garzon, Home Hunters, Vera Bernardes e Imóveis no Morumbi.
Primary Market - Contracted Sales (R$ MM) Contracted Units 4,405 15,065 17,527 3,213 10 * The figures above include 100% of Contracted Sales and Contracted Units of our subsidiary Abyara Brokers. The data above does not consider the recent acquisitions M. Garzon, Home Hunters, Vera Bernardes e Imóveis no Morumbi.
Primary Market per Region Contracted Sales in SP (R$ MM) 2,285 Contracted Sales in RJ (R$ MM) 812 1,656 458 Contracted Sales in Others States (R$ MM) 1,100 1,308 11 * The figures above include 100% of Contracted Sales and Contracted Units of our subsidiary Abyara Brokers. The data above does not consider the recent acquisitions M. Garzon, Home Hunters, Vera Bernardes e Imóveis no Morumbi.
Primary Market by Income Segment Primary Market - Contracted Sales Primary Market - Contracted Sales High (above R$650k) 14% Economic (up to R$150k) 22% High (above R$650k) 18% Economic (up to R$150k) 14% Mid-High (R$350 to R$650k) 23% Middle (R$150 to R$350k) 41% Mid-High (R$350 to R$650k) 28% Middle (R$150 to R$350k) 40% 12 * The figures above include 100% of Contracted Sales and Contracted Units of our subsidiary Abyara Brokers. The data above does not consider the recent acquisitions M. Garzon, Home Hunters, Vera Bernardes e Imóveis no Morumbi.
Secondary Market Contracted Sales (R$ MM) Contracted Units 640 668 2,450 2,084 13 * The figures above include 100% of Contracted Sales and Contracted Units of our subsidiary Abyara Brokers. The data above does not consider the recent acquisitions M. Garzon, Home Hunters, Vera Bernardes e Imóveis no Morumbi.
Secondary Market per Region - Contracted Sales in SP (R$ MM) 134 Contracted Sales in RJ (R$ MM) 347-2% 342 85 Contracted Sales in Others States (R$ MM) 208 193 14 * The figures above include 100% of Contracted Sales and Contracted Units of our subsidiary Abyara Brokers. The data above does not consider the recent acquisitions M. Garzon, Home Hunters, Vera Bernardes e Imóveis no Morumbi.
Other Operating Indicators Secondary Market - Points of Sale (Own Stores) Points of Sale (Rede Morar) 98 113 239 156 Secondary Market Brokers 3,370 2,726 15 * The figures above include 100% of Contracted Sales and Contracted Units of our subsidiary Abyara Brokers. The data above does not consider the recent acquisitions M. Garzon, Home Hunters, Vera Bernardes e Imóveis no Morumbi.
Company Operating Highlights Financial Highlights 16
Financial Highlights Gross Revenue (R$ MM) Net Revenue (R$ MM) Net Revenues (R$ MM) 125.9 111.5 93.7 84.2 17
HSBC Real Estate Loan HSBC Real Estate Loan (R$ MM) 2T11 Financed Amount 3T11 9M11 Approved 147,7 116,8 264,4 Signed 80,4 85,9 166,2 Invoiced 24,8 80,8 105,6 Revenue 1,1 3,6 4,7 18
Financial Highlights Costs and Expenses Analysis (R$ MM) 19 (1) Figures above include 80% of our subsidiary Abyara Brokers costs and expenses.
Financial Highlights EBITDA (R$ MM) and EBITDA Margin (%) EBITDA (R$ MM) and EBITDA Margin (%) 9M11 114.0 83.0 43.8 30.9 * 39% * 37% * 39% * 35% 9M10 9M11 20 * EBITDA Margin.
Financial Highlights Net Income (R$ MM) and Net Margin (%) Net Income (R$ MM) and Net Margin (%) 9M11 83.7 33.5 50.7 19.4 * 30% * 28% * 23% * 22% 9M10 9M11 21 * Net Margin
Financial Highlights Company s Financial Position R$ MM Cash and Cash Equivalents 278.7 Trade Accounts Receivable 113.5 Estimate of acquisition payments 62.2 22
IR Contact Álvaro Soares CFO and IRO Phone: +55 (11) 3433-3000 E-mail: ri@brbrokers.com.br www.brbrokers.com.br/ir 23