EFTA01380765.pdf

7 October 2015 Corporate Credit,Energy Petroleo Brasileiro S.A. etro eo : rase 'Euro • 5:om• Soweto: 4.8091 2014 3314 40'4 '015 2015 0>3 re< 20'3 2014 LTV Taal Reven444 34020.6 345604 33.3244 24883 5 240392 OM SU% '41.074,4 143,11380 124157.6 Co:. Oen Roe 44435 6.0868 8.6425 7,8013 43761 t7% 44% 37.9290 241Q4 33,7557 1935 a, a 91,9099 owe% o9rese 5865 334. al3 Eel! • - 4311704 7.420A me 6t215.0) 7,0217 4030.7 417% -114.111 mons 4,202 6 4351.6 Xi% . . .946.1 24 46 . 4028 3241 .40 65 Reoxted ESTIM 2,2112.2 1731.3 7.012.0 7.4900 4439 9 -14.0% ell% 241362 254 104 2153>8 :47* 367% :36% .991 . 4203 4%1 Ctene• In WC 7012 Kalil 0.0)).4) 0,09091 847.0 114 0.003-71 12.20631 1451.51 Peon In NS WA 2.Kea %Ala% 1,2720 WA 619.71 al% III 0%43.% 1, • 79 3 15,912.19 17rtmet0CF 1w <hp in %WM 3.01114 44174 00.60720 4/604.1 4850 4 an 14.4% 340132 3.0233 11,2644 NM latent 904 (1,66L1) meow 0.537.33 12.572.10 1949.21 CI% 40.0%. 01.0 474 0.91921 1451.91 18.689 41 SSW Ii 1555331 1615171 42% 319% 14831491 405 060 17621 1370 .u- 442% .00 16341 13,91761 9.91 66 • • NM Ml 067261 %MT& 0.01 . • , 0 if0F tv olg in 11WM 0 441981 4.01$21 114418 81 11.05601 621 01 108% 45 4% 127 165 71 05,7972) *0.014 01 Few 0001 MOw IFC19 15 575 11 624101 111.955 4: MI V <2.1$7 71 ItC4% '216% 07 40931 0/2.41161 C632131 Ile chop %OS 3331 B <340491 <3.423 7i any.!I 9,6779 NM 1811% 17.6939 8.7051 (5431731 Ilet comb goed.an 13 243 LI %SAO% 11543911 V 337 7t 4.060 t NM MA 1971661 1131005) 05,372 71 i 0E-9 6 3 12.2070 14,2000 ITO% DAM 7,061'I 11.8773 14%209 128337 2 121 I i 1712 8 119527.6 70% 49% 1054306 120,2100 119,6226 Tots Debt 13111.0%.* 1366609 '32.097.2 124040.7 139,11110 ICS 45% 1143122 122,0172 It1,81%6 26.2166 ... 3 10.666 0 26.157.2 1462% 44% 157366 16.6462 26.157 3 Net NIX 112,702.2 115,380.6 '15.441.0 114374.7 107. 7612 4.0% 4411 CA= 115.441.0 107,7612 .749, 0:, t ^ 21,1076 39./..11 4 *35 458 IA5430 219.30 99.1,11 4 091patad 194‘ Debt IC4905 II 1015147 4 1064443 102.911.1 104.3117.0 1.4% 42% 10,7•1 44.3 1063910 4 4.% 786, 4028 4129 498. 070. 0 IN 021. 41: 614 130. 06.‘ .287. )('o 99% 10.7% 832 338 70% 90% 107% Cm554 Doll 295 240. 219* 172, 205. 330 .74 246. 218. 706. <owl Oett/6811DA 11 468* 3645. -3 584 401. 656. us/ 07 5 390. 3143• 2502. TOWSWAN Aocaortel F86DA(.I 636* 567* 529. 470* 5241 1'3 118 389. 526+ 521. Mont.1Het cleb0E8I7DAoa 3679 2873x -2 664 335' 33. 944 67 0 123. 2526. 1951. Adivokl 114‘ det4/811DA 3679 28739 4 IX% 338. 433. 04 660 323. 2526. 1951. liM6a9ITM 14 436,9 5.509 21.539 16909 20.14 3341 *178 3.36. 2747. 20.12. 44.4144 Hot *Valhi EE41CA a 219 610* 19004 1626. 1961. CS 7 1529 1 3 23. 26.26. 19.6“ Idiuted doW1.1% Rwertod EMMA 16 4219 447. 391 409. 01% 3 21. 4 23. 400. LIM OCMo1011:88( 168% 11.2% 6 7% IC 0% 82% t' t ars Wain; Camel ',snow Pan) 36 30 28 32 27 CAPEX(111114.....40 233% 22 WI 166% 238% 21.54 l'erobes 2015 menu settler^ % %NM 5014. 43.3676 156% 40µ:o!C4N god Cmh (46901063 23531 4 90.659 189% Tad 24201A TONIDM 143.0141.0 474,18 54 DOI '43000 SNItexcliert Elute 97.0374 4251 8/11840/041190 78141Capialtstba 222,07M) WOOS 60.711 Mitte4C40 M on 10%2015 29,:080 Adbelef 141 101.384 0 24.361 I 6040/0401/81•0 1%41750 ..y, 12,192 1 4721 "• 349 . Ev4M.4 teptoA 523. UP* SS% all = , IIIII II 20 16 2017 2018 2019 251209 • 0 9% tweettew tewlem ..an sawn et 91 900 Ms to can 011,• D.1119WV 6.9.* Deutsche Bank Securities Inc. Page 13 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0079295 CONFIDENTIAL SDNY_GM_00225479 EFTA01380765