


SAO PAULO, BRAZIL -- (Marketwire) -- 08/12/10 -- Companhia de Concessões Rodoviárias (CCR) (BOVESPA: CCRO3), Brazil's largest road concession operator in terms of revenue, announces its results for the 2nd quarter of 2010.
The results of Controlar were included into CCR as of August 13, 2009. As of January 2009, the costs of the concessionaire ViaQuatro previously registered as deferred assets, will be recorded on the income statement as a result of the adoption of Law 11,638/07 and Executive Order 449/08. The financial information excluding the above mentioned effects are herein referred to "Excluding ViaQuatro and Controlar" and the results are Pro Forma.
Companhia de Concessões Rodoviárias -- CCR's quarterly financial information (ITR) herein presented is in accordance with Brazilian company law, based upon revised financial data. The non-financial information, as well as operating information, was not reviewed by the independent auditors.
Presentation of Results
The Quarterly Statements (ITR) presented herein are in accordance with accounting practices adopted in Brazil, incorporating the rules established by the Securities Exchange Commission (CVM) pursuant to Brazilian Corporate Law, including changes introduced by Law 11.638/07 and Provisional Presidential Decree 449/08, subsequently converted into Law 11.941/09, and the Pronouncements issued by the Accounting Pronouncements Committee (CPC), consistently applied to the accounting practices described in Explanatory Note 3 with regard to the Company's annual financial statements referring to the fiscal year ending December 31, 2009, disclosed on February 18, 2010.
As permitted by CVM Decision 603/09, the Management of the Company decided to present the quarterly information according to the accounting rules in effect on December 31, 2009. The main accounting changes to be introduced during the 2010 fiscal year are described in Explanatory Note 3.
Unless otherwise stated, all financial and operating data herein are presented on a consolidated basis in Reais (R$) pursuant to Brazilian Corporate Law and all comparisons refer to 2Q09 and 1H09.
Highlights
SUBSEQUENT EVENTS
Comments from the CEO
Renato Alves Vale: "It is with great satisfaction that we once again present our shareholders, employees, road users, the market and the public in general with the results obtained by CCR, for the second quarter of 2010.
"The recovery of the world economy continues to support the Brazilian economy, which is reflected in the results that have been presented by CCR. We are highlighting our strong consolidated traffic growth, which on comparable bases, equal to the same period of the previous year, demonstrated growth of 12.2% during the second quarter of 2010.
"This performance makes it possible for CCR to continue with its commitment to distribute dividends to shareholders, through the proposal of intermediate dividends in the amount of R$1.25 per share, totaling R$ 551.7 million.
"Finally, we continue to be confident regarding our future prospects, positive for the development of infrastructure projects and expectations of new growth opportunities, due to the World Cup (2014) and the Olympics (2016), always prioritizing capital discipline and, consequently, the creation of value for the Company and its shareholders, contributing to the socio-economic development of our country."
Conference Calls
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In Portuguese: In English:
Friday, August 13, 2010 Friday, August 13, 2010
11:30 a.m. São Paulo / 10:30 a.m.
New York 1 p.m. São Paulo / 12 p.m. New York
Telephone: (11) 4688-6361 Brazil: (11) 4688-6361
Code: CCR USA: (+1) 888-700-0802
Replay: (11) 4688-6312 Other Countries: (+1) 786-924-6977
Code: 47297 Code: CCR
Replay: (11) 4688-6312 / Code: 47298
Webcast: Webcast:
www.grupoccr.com.br/investidores www.grupoccr.com.br/investidores
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IR Contacts:
Marcus Macedo
+55 11 3048-5941
Flavia Godoy
+55 11 3048-5955
Danilo Cabrera
+55 11 3048-6353














7th, 2012
1:52am