Operating Shoppings Portfolio

Total GLA
BHShopping
RibeirãoShopping
BarraShopping
MorumbiShopping
ParkShopping
DiamondMall
New York City Center
Shopping AnáliaFranco
ParkShoppingBarigüi
Pátio Savassi
Shopping SantaÚrsula
BarraShoppingSul (BIG)
Shopping VilaOlímpia
ParkShoppingSãocaetano
Portfolio Total

State
MG
SP
RJ
SP
DF
MG
RJ
SP
PR
MG
SP
RS
SP
SP

Multiplan Interest
BHShopping
RibeirãoShopping
BarraShopping
MorumbiShopping
ParkShopping
DiamondMall
New York City Center
Shopping AnáliaFranco
ParkShoppingBarigüi
Pátio Savassi
Shopping SantaÚrsula
BarraShoppingSul (BIG)
Shopping VilaOlímpia
ParkShoppingSãocaetano
Portfolio Total

State
MG
SP
RJ
SP
DF
MG
RJ
SP
PR
MG
SP
RS
SP
SP

Own GLA
BHShopping
RibeirãoShopping
BarraShopping
MorumbiShopping
ParkShopping
DiamondMall
New York City Center
Shopping AnáliaFranco
ParkShoppingBarigüi
Pátio Savassi
Shopping SantaÚrsula
BarraShoppingSul (BIG)
Shopping VilaOlímpia
ParkShoppingSãocaetano
Portfolio Total

State
MG
SP
RJ
SP
DF
MG
RJ
SP
PR
MG
SP
RS
SP
SP

Total GLA (avg.)
BHShopping
RibeirãoShopping
BarraShopping
MorumbiShopping
ParkShopping

Estado
MG
SP
RJ
SP
DF

Mar-06
1Q06
35,450 m²
39,130 m²
69,138 m²
49,670 m²
39,276 m²
20,757 m²
22,067 m²
39,310 m²
39,022 m²
0 m²
0 m²
14,400 m²
0 m²

Jun-06
2Q06
35,450 m²
39,130 m²
69,355 m²
49,665 m²
39,276 m²
20,757 m²
22,067 m²
39,310 m²
39,022 m²
0 m²
0 m²
14,400 m²
0 m²

368,220 m²

368,432 m²

1Q06
80.0%
56.2%
51.1%
51.7%
60.0%
45.0%
50.0%
30.0%
90.0%
0.0%
0.0%
50.0%
0.0%

2Q06
80.0%
56.2%
51.1%
51.7%
60.0%
45.0%
50.0%
30.0%
90.0%
0.0%
0.0%
50.0%
0.0%

56.9%

56.9%

1Q06
28,360 m²
21,979 m²
35,308 m²
25,683 m²
23,559 m²
9,341 m²
11,034 m²
11,793 m²
35,119 m²
0 m²
0 m²
7,200 m²
0 m²

2Q06
28,360 m²
21,979 m²
35,419 m²
25,680 m²
23,559 m²
9,341 m²
11,034 m²
11,793 m²
35,119 m²
0 m²
0 m²
7,200 m²
0 m²

209,376 m²

209,484 m²

1Q06
35,450 m²
39,295 m²
69,138 m²
49,670 m²
39,297 m²

2Q06
35,450 m²
39,130 m²
69,280 m²
49,656 m²
39,276 m²

DiamondMall
New York City Center
Shopping AnáliaFranco
ParkShoppingBarigüi
Pátio Savassi
Shopping SantaÚrsula
BarraShoppingSul
Shopping VilaOlímpia
ParkShoppingSãocaetano
Total do Portfolio

MG
RJ
SP
PR
MG
SP
RS
SP
SP

Own GLA (avg.)
BHShopping
RibeirãoShopping
BarraShopping
MorumbiShopping
ParkShopping
DiamondMall
New York City Center
Shopping AnáliaFranco
ParkShoppingBarigüi
Pátio Savassi
Shopping SantaÚrsula
BarraShoppingSul
Shopping VilaOlímpia
ParkShoppingSãocaetano
Total do Portfolio

Estado
MG
SP
RJ
SP
DF
MG
RJ
SP
PR
MG
SP
RS
SP
SP

Average Occupancy Rate
BHShopping
RibeirãoShopping
BarraShopping
MorumbiShopping
ParkShopping
DiamondMall
New York City Center
Shopping AnáliaFranco
ParkShoppingBarigüi
Pátio Savassi
Shopping SantaÚrsula
BarraShoppingSul (BIG)
Shopping VilaOlímpia
ParkShoppingSãoCaetano
Portfolio Total

State
MG
SP
RJ
SP
DF
MG
RJ
SP
PR
MG
SP
RS
SP
SP

20,757
22,067
39,310
39,028
0
0
0
0








20,757
22,067
39,310
39,022
0
0
0
0








354,013 m²

353,948 m²

1Q06
28,360 m²
22,072 m²
35,308 m²
25,683 m²
23,571 m²
9,341 m²
11,034 m²
11,793 m²
35,125 m²
0 m²
0 m²
0 m²
0 m²

2Q06
28,360 m²
21,979 m²
35,381 m²
25,676 m²
23,559 m²
9,341 m²
11,034 m²
11,793 m²
35,119 m²
0 m²
0 m²
0 m²
0 m²

202,287 m²

202,241 m²

1Q06
96.48%
98.51%
98.53%
93.12%
93.71%
94.11%
98.65%
94.64%
88.23%
0.00%
0.00%
0.00%
0.00%

2Q06
95.78%
98.20%
98.20%
95.78%
93.89%
94.89%
98.72%
94.61%
96.06%
0.00%
0.00%
0.00%
0.00%

95.2%

96.3%

Sep-06
3Q06
35,450 m²
39,130 m²
69,312 m²
49,774 m²
39,276 m²
20,757 m²
22,067 m²
39,310 m²
38,793 m²
0 m²
0 m²
14,400 m²
0 m²

Dec-06
4Q06
35,450 m²
39,130 m²
69,312 m²
54,987 m²
39,276 m²
20,757 m²
22,067 m²
39,310 m²
38,791 m²
0 m²
0 m²
14,400 m²
0 m²

Mar-07
1Q07
35,450 m²
39,130 m²
69,312 m²
54,967 m²
39,276 m²
20,757 m²
22,067 m²
39,310 m²
38,794 m²
0 m²
0 m²
14,400 m²
0 m²

Jun-07
2Q07
35,450 m²
39,130 m²
69,316 m²
54,967 m²
39,293 m²
20,757 m²
22,068 m²
39,310 m²
41,389 m²
17,534 m²
0 m²
14,400 m²
0 m²

Sep-07
3Q07
35,450 m²
39,188 m²
69,825 m²
54,999 m²
39,293 m²
20,806 m²
22,068 m²
39,310 m²
41,395 m²
15,545 m²
0 m²
14,400 m²
0 m²

Dec-07
4Q07
35,450 m²
39,188 m²
69,825 m²
54,999 m²
39,293 m²
20,806 m²
22,068 m²
39,310 m²
41,395 m²
15,545 m²
0 m²
14,400 m²
0 m²

Mar-08
1Q08
34,739 m²
39,188 m²
69,829 m²
54,958 m²
39,775 m²
20,806 m²
22,068 m²
39,310 m²
41,405 m²
15,538 m²
0 m²
14,400 m²
0 m²

368,269 m²

373,480 m²

373,464 m²

393,615 m²

392,279 m²

392,279 m²

392,015 m²

3Q06
80.0%
56.2%
51.1%
51.7%
60.0%
45.0%
50.0%
30.0%
90.0%
0.0%
0.0%
50.0%
0.0%

4Q06
80.0%
56.2%
51.1%
56.3%
60.0%
45.0%
50.0%
30.0%
90.0%
0.0%
0.0%
50.0%
0.0%

1Q07
80.0%
76.2%
51.1%
56.3%
60.0%
90.0%
50.0%
30.0%
90.0%
0.0%
0.0%
100.0%
0.0%

2Q07
80.0%
76.2%
51.1%
56.3%
60.0%
90.0%
50.0%
30.0%
90.0%
83.8%
0.0%
100.0%
0.0%

3Q07
80.0%
76.2%
51.1%
56.3%
60.0%
90.0%
50.0%
30.0%
84.0%
83.8%
0.0%
100.0%
0.0%

4Q07
80.0%
76.2%
51.1%
65.8%
60.0%
90.0%
50.0%
30.0%
84.0%
83.8%
0.0%
100.0%
0.0%

1Q08
80.0%
76.2%
51.1%
65.8%
60.0%
90.0%
50.0%
30.0%
84.0%
83.8%
37.5%
100.0%
0.0%

56.8%

57.4%

64.0%

65.0%

64.3%

65.6%

65.6%

3Q06
28,360 m²
21,979 m²
35,397 m²
25,736 m²
23,559 m²
9,341 m²
11,034 m²
11,793 m²
34,913 m²
0 m²
0 m²
7,200 m²
0 m²

4Q06
28,360 m²
21,979 m²
35,397 m²
30,951 m²
23,559 m²
9,341 m²
11,034 m²
11,793 m²
34,912 m²
0 m²
0 m²
7,200 m²
0 m²

1Q07
28,360 m²
29,805 m²
35,397 m²
30,940 m²
23,559 m²
18,681 m²
11,034 m²
11,793 m²
34,915 m²
0 m²
0 m²
14,400 m²
0 m²

2Q07
28,360 m²
29,805 m²
35,399 m²
30,940 m²
23,569 m²
18,681 m²
11,034 m²
11,793 m²
37,250 m²
14,695 m²
0 m²
14,400 m²
0 m²

3Q07
28,360 m²
29,850 m²
35,659 m²
30,958 m²
23,569 m²
18,725 m²
11,034 m²
11,793 m²
34,772 m²
13,028 m²
0 m²
14,400 m²
0 m²

4Q07
28,360 m²
29,850 m²
35,659 m²
36,179 m²
23,569 m²
18,725 m²
11,034 m²
11,793 m²
34,772 m²
13,028 m²
0 m²
14,400 m²
0 m²

1Q08
27,791 m²
29,850 m²
35,661 m²
36,152 m²
23,856 m²
18,725 m²
11,034 m²
11,793 m²
34,780 m²
13,022 m²
0 m²
14,400 m²
0 m²

209,312 m²

214,525 m²

238,883 m²

255,927 m²

252,147 m²

257,369 m²

257,063 m²

3Q06
35,450 m²
39,130 m²
69,326 m²
49,697 m²
39,276 m²

4Q06
35,450 m²
39,130 m²
69,312 m²
53,578 m²
39,276 m²

1Q07
35,450 m²
39,130 m²
69,312 m²
54,979 m²
39,276 m²

2Q07
35,450 m²
39,130 m²
69,313 m²
54,967 m²
39,288 m²

3Q07
35,450 m²
39,130 m²
69,653 m²
54,988 m²
39,293 m²

4Q07
35,450 m²
39,188 m²
69,826 m²
54,999 m²
39,295 m²

1Q08
35,219 m²
39,188 m²
69,829 m²
54,985 m²
39,453 m²

20,757
22,067
39,310
38,945
0
0
0
0








20,757
22,067
39,310
38,791
0
0
0
0








20,757
22,067
39,310
38,792
15,545
0
0
0








20,757
22,068
39,310
41,389
15,545
0
0
0








20,757
22,068
39,310
41,393
15,545
0
0
0








20,806
22,068
39,310
41,397
15,545
0
0
0








20,806
22,248
39,310
41,404
15,540
0
0
0








353,959 m²

357,671 m²

374,618 m²

377,217 m²

377,588 m²

377,884 m²

377,981 m²

3Q06
28,360 m²
21,979 m²
35,404 m²
25,697 m²
23,559 m²
9,341 m²
11,034 m²
11,793 m²
35,051 m²
0 m²
0 m²
0 m²
0 m²

4Q06
28,360 m²
21,979 m²
35,397 m²
30,158 m²
23,559 m²
9,341 m²
11,034 m²
11,793 m²
34,912 m²
0 m²
0 m²
0 m²
0 m²

1Q07
28,360 m²
29,805 m²
35,397 m²
30,946 m²
23,559 m²
18,681 m²
11,034 m²
11,793 m²
34,913 m²
0 m²
0 m²
0 m²
0 m²

2Q07
28,360 m²
29,805 m²
35,398 m²
30,940 m²
23,566 m²
18,681 m²
11,034 m²
11,793 m²
37,250 m²
13,028 m²
0 m²
0 m²
0 m²

3Q07
28,360 m²
29,805 m²
35,571 m²
30,952 m²
23,569 m²
18,681 m²
11,034 m²
11,793 m²
34,770 m²
13,028 m²
0 m²
0 m²
0 m²

4Q07
28,360 m²
29,850 m²
35,660 m²
36,179 m²
23,570 m²
18,725 m²
11,034 m²
11,793 m²
34,774 m²
13,028 m²
0 m²
0 m²
0 m²

1Q08
28,175 m²
29,850 m²
35,661 m²
36,170 m²
23,662 m²
18,725 m²
11,124 m²
11,793 m²
34,779 m²
13,023 m²
0 m²
0 m²
0 m²

202,217 m²

206,532 m²

224,488 m²

239,855 m²

237,563 m²

242,972 m²

242,963 m²

3Q06
96.10%
98.56%
97.98%
92.94%
94.01%
95.10%
98.73%
94.58%
97.93%
0.00%
0.00%
0.00%
0.00%

4Q06
96.46%
99.55%
97.43%
99.17%
93.81%
94.85%
98.44%
94.26%
98.81%
0.00%
0.00%
0.00%
0.00%

1Q07
96.34%
99.50%
97.33%
99.82%
97.03%
93.77%
97.53%
94.34%
98.22%
0.00%
0.00%
0.00%
0.00%

2Q07
94.90%
98.82%
97.66%
99.28%
98.49%
94.90%
98.89%
94.34%
98.13%
99.47%
0.00%
0.00%
0.00%

3Q07
93.89%
98.78%
97.55%
99.19%
98.27%
95.89%
99.57%
94.34%
97.92%
99.47%
0.00%
0.00%
0.00%

4Q07
92.56%
98.35%
95.59%
99.21%
98.22%
97.07%
99.57%
94.34%
98.07%
98.77%
0.00%
0.00%
0.00%

1Q08
94.66%
97.88%
97.47%
99.65%
97.61%
97.40%
99.57%
97.73%
98.79%
98.85%
0.00%
0.00%
0.00%

96.2%

97.2%

97.4%

97.6%

97.5%

97.0%

97.9%

* These percentages do not include Shopping Santa Úrsula, BarraShoppingSul, Shopping VilaOlímp

* Average GLA for Shopping Vila Olímpia does not include 2,500 m² from stores that were not open

Jun-08
2Q08
35,105 m²
39,188 m²
69,812 m²
54,958 m²
39,775 m²
20,808 m²
22,068 m²
39,310 m²
41,411 m²
15,537 m²
24,043 m²
14,400 m²
0 m²

Sep-08
3Q08
35,022 m²
39,188 m²
69,775 m²
54,958 m²
39,775 m²
20,809 m²
22,068 m²
39,310 m²
41,409 m²
16,172 m²
24,043 m²
14,400 m²
0 m²

Dec-08
4Q08
36,895 m²
46,221 m²
69,501 m²
54,988 m²
43,210 m²
20,809 m²
22,068 m²
39,310 m²
42,968 m²
16,172 m²
24,043 m²
68,187 m²
0 m²

Jan-09
1Q09
36,895 m²
46,221 m²
69,503 m²
54,988 m²
43,178 m²
21,360 m²
22,068 m²
39,310 m²
42,968 m²
16,172 m²
24,043 m²
68,187 m²
0 m²

Jun-09
2Q09
36,899 m²
46,221 m²
69,320 m²
54,988 m²
43,178 m²
21,360 m²
22,068 m²
39,309 m²
42,975 m²
16,319 m²
24,043 m²
68,192 m²
0 m²

Sep-09
3Q09
36,899 m²
46,846 m²
69,317 m²
54,988 m²
43,215 m²
21,360 m²
22,269 m²
50,972 m²
42,978 m²
16,319 m²
24,043 m²
68,041 m²
0 m²

Dec-09
4Q09
36,899 m²
46,846 m²
69,318 m²
55,085 m²
51,512 m²
21,360 m²
22,269 m²
50,972 m²
42,986 m²
16,319 m²
24,043 m²
68,041 m²
28,091 m²

416,416 m²

416,928 m²

484,373 m²

484,894 m²

484,873 m²

497,248 m²

533,741 m²

2Q08
80.0%
76.2%
51.1%
65.8%
59.9%
90.0%
50.0%
30.0%
84.0%
83.8%
37.5%
100.0%
0.0%

3Q08
80.0%
76.2%
51.1%
65.8%
59.9%
90.0%
50.0%
30.0%
84.0%
83.8%
37.5%
100.0%
0.0%

4Q08
80.0%
76.2%
51.1%
65.8%
59.1%
90.0%
50.0%
30.0%
84.0%
83.8%
37.5%
100.0%
0.0%

1Q09
80.0%
76.2%
51.1%
65.8%
59.1%
90.0%
50.0%
30.0%
84.0%
83.8%
37.5%
100.0%
0.0%

2Q09
80.0%
76.2%
51.1%
65.8%
59.1%
90.0%
50.0%
30.0%
84.0%
83.8%
37.5%
100.0%
0.0%

3Q09
80.0%
76.2%
51.1%
65.8%
59.1%
90.0%
50.0%
30.0%
84.0%
80.9%
37.5%
100.0%
0.0%

4Q09
80.0%
76.2%
51.1%
65.8%
59.6%
90.0%
50.0%
30.0%
84.0%
80.9%
37.5%
100.0%
30.0%

64.0%

64.0%

68.2%

68.2%

68.2%

67.2%

65.2%

2Q08
28,084 m²
29,850 m²
35,652 m²
36,142 m²
23,808 m²
18,728 m²
11,034 m²
11,793 m²
34,785 m²
13,021 m²
9,016 m²
14,400 m²
0 m²

3Q08
28,018 m²
29,850 m²
35,633 m²
36,142 m²
23,808 m²
18,728 m²
11,034 m²
11,793 m²
34,783 m²
13,553 m²
9,016 m²
14,400 m²
0 m²

4Q08
29,516 m²
35,207 m²
35,494 m²
36,161 m²
25,526 m²
18,728 m²
11,034 m²
11,793 m²
36,093 m²
13,553 m²
9,016 m²
68,187 m²
0 m²

1Q09
29,516 m²
35,207 m²
35,495 m²
36,161 m²
25,507 m²
19,224 m²
11,034 m²
11,793 m²
36,093 m²
13,553 m²
9,016 m²
68,187 m²
0 m²

2Q09
29,519 m²
35,207 m²
35,401 m²
36,161 m²
25,510 m²
19,224 m²
11,034 m²
11,793 m²
36,099 m²
13,677 m²
9,016 m²
68,192 m²
0 m²

3Q09
29,519 m²
35,682 m²
35,400 m²
36,161 m²
25,528 m²
19,224 m²
11,135 m²
15,292 m²
36,101 m²
13,198 m²
9,016 m²
68,041 m²
0 m²

4Q09
29,519 m²
35,682 m²
35,400 m²
36,225 m²
30,717 m²
19,224 m²
11,135 m²
15,292 m²
36,108 m²
13,198 m²
9,016 m²
68,041 m²
8,427 m²

266,314 m²

266,759 m²

330,308 m²

330,786 m²

330,833 m²

334,298 m²

347,985 m²

2Q08
35,004 m²
39,188 m²
69,812 m²
54,958 m²
39,775 m²

3Q08
35,004 m²
39,188 m²
69,787 m²
54,958 m²
39,775 m²

4Q08
36,912 m²
41,530 m²
69,482 m²
54,988 m²
42,910 m²

1Q09
36,895 m²
46,221 m²
69,503 m²
54,988 m²
43,189 m²

2Q09
36,898 m²
46,221 m²
69,377 m²
54,988 m²
43,178 m²

3Q09
36,899 m²
46,626 m²
69,322 m²
54,988 m²
43,207 m²

4Q09
36,899 m²
46,846 m²
69,318 m²
55,085 m²
51,531 m²

20,808
22,068
39,310
41,410
15,537
16,029
0
0








20,809
22,068
39,310
41,408
16,172
24,043
0
0








20,809
22,068
39,310
41,928
16,172
24,043
50,258
0








21,344
22,068
39,310
42,968
16,172
24,043
68,187
0








21,360
22,068
39,310
42,970
16,319
24,043
68,192
0








21,360
22,269
48,667
42,978
16,319
24,043
68,089
0








21,360
22,269
50,972
42,986
16,319
24,043
68,041
17,736








393,900 m²

402,522 m²

460,410 m²

484,888 m²

484,925 m²

494,769 m²

523,405 m²

2Q08
28,004 m²
29,850 m²
35,652 m²
36,142 m²
23,808 m²
18,728 m²
11,034 m²
11,793 m²
34,785 m²
13,021 m²
6,011 m²
0 m²
0 m²

3Q08
28,003 m²
29,850 m²
35,640 m²
36,142 m²
23,808 m²
18,728 m²
11,034 m²
11,793 m²
34,783 m²
13,553 m²
9,016 m²
0 m²
0 m²

4Q08
29,530 m²
31,633 m²
35,484 m²
36,161 m²
25,348 m²
18,728 m²
11,034 m²
11,793 m²
35,220 m²
13,553 m²
9,016 m²
50,258 m²
0 m²

1Q09
29,516 m²
35,207 m²
35,495 m²
36,161 m²
25,513 m²
19,210 m²
11,034 m²
11,793 m²
36,093 m²
13,553 m²
9,016 m²
68,187 m²
0 m²

2Q09
29,518 m²
35,207 m²
35,431 m²
36,161 m²
25,510 m²
19,224 m²
11,034 m²
11,793 m²
36,095 m²
13,677 m²
9,016 m²
68,192 m²
0 m²

3Q09
29,519 m²
35,515 m²
35,403 m²
36,161 m²
25,523 m²
19,224 m²
11,135 m²
14,600 m²
36,102 m²
13,198 m²
9,016 m²
68,089 m²
0 m²

4Q09
29,519 m²
35,682 m²
35,400 m²
36,225 m²
30,728 m²
19,224 m²
11,135 m²
15,292 m²
36,108 m²
13,198 m²
9,016 m²
68,041 m²
5,321 m²

248,827 m²

252,350 m²

307,759 m²

330,778 m²

330,858 m²

333,486 m²

344,890 m²

2Q08
95.44%
98.52%
97.33%
99.55%
97.96%
97.67%
99.57%
99.42%
98.72%
98.75%
87%
0.00%
0.00%

3Q08
95.76%
98.74%
97.59%
99.42%
97.07%
96.92%
98.42%
99.62%
98.51%
98.52%
82%
0.00%
0.00%

4Q08
97.23%
97.38%
98.95%
99.42%
96.03%
97.72%
98.17%
99.10%
99.18%
99.06%
72%
94.12%
0.00%

1Q09
99.13%
96.79%
98.05%
99.64%
96.91%
99.10%
97.55%
98.63%
99.11%
98.77%
70%
93.87%
0.00%

2Q09
99.3%
96.8%
99.0%
100.0%
97.6%
99.5%
97.9%
98.8%
99.2%
99.5%
68%
94.0%
0.00%

3Q09
99.4%
96.4%
99.4%
99.2%
97.3%
99.8%
99.8%
96.9%
98.7%
99.4%
66%
94.0%
0.00%

4Q09
99.3%
97.4%
99.3%
99.4%
99.5%
99.5%
99.6%
99.4%
98.6%
99.6%
66%
98.0%
87.8%

98.2%

98.1%

98.3%

98.3%

98.7%

98.4%

99.1%

a Úrsula, BarraShoppingSul, Shopping VilaOlímpia and expansions opened in 4Q08

include 2,500 m² from stores that were not opened in the period

Mar-10
1Q10
36,840 m²
46,784 m²
69,318 m²
55,085 m²
51,512 m²
21,360 m²
22,269 m²
50,974 m²
42,985 m²
16,319 m²
23,088 m²
68,149 m²
28,091 m²

Jun-10
2Q10
36,840 m²
46,784 m²
69,319 m²
55,085 m²
51,532 m²
21,388 m²
22,269 m²
50,974 m²
42,985 m²
16,319 m²
23,088 m²
68,229 m²
28,091 m²

Sep-10
3Q10
47,547 m²
46,784 m²
69,351 m²
55,085 m²
51,532 m²
21,388 m²
22,271 m²
50,974 m²
42,934 m²
17,254 m²
23,088 m²
68,405 m²
28,091 m²

Dec-10
4Q10
47,547 m²
46,784 m²
69,278 m²
55,085 m²
51,526 m²
21,388 m²
22,271 m²
50,974 m²
49,917 m²
17,254 m²
23,132 m²
68,400 m²
28,274 m²

Mar-11
1Q11
47,547 m²
46,784 m²
69,313 m²
55,085 m²
51,526 m²
21,388 m²
22,271 m²
50,377 m²
49,934 m²
17,254 m²
23,208 m²
68,407 m²
28,274 m²

Jun-11
2Q11
47,520 m²
46,739 m²
69,580 m²
55,085 m²
51,566 m²
21,386 m²
22,271 m²
50,377 m²
49,935 m²
17,254 m²
23,199 m²
68,407 m²
28,274 m²

532,773 m²

532,902 m²

544,703 m²

551,830 m²

551,368 m²

551,592 m²

1Q10
80.0%
76.2%
51.1%
65.8%
59.6%
90.0%
50.0%
30.0%
84.0%
80.9%
37.5%
100.0%
30.0%

2Q10
80.0%
76.2%
51.1%
65.8%
59.6%
90.0%
50.0%
30.0%
84.0%
80.9%
37.5%
100.0%
30.0%

3Q10
80.0%
76.2%
51.1%
65.8%
59.6%
90.0%
50.0%
30.0%
84.0%
96.5%
37.5%
100.0%
30.0%

4Q10
80.0%
76.2%
51.1%
65.8%
59.6%
90.0%
50.0%
30.0%
84.0%
96.5%
62.5%
100.0%
30.0%

1Q11
80.0%
76.2%
51.1%
65.8%
59.6%
90.0%
50.0%
30.0%
84.0%
96.5%
62.5%
100.0%
30.0%

2Q11
80.0%
76.2%
51.1%
65.8%
59.6%
90.0%
50.0%
30.0%
84.0%
96.5%
62.5%
100.0%
30.0%

65.3%

65.3%

66.1%

67.3%

67.4%

67.4%

1Q10
29,472 m²
35,635 m²
35,400 m²
36,225 m²
30,717 m²
19,224 m²
11,135 m²
15,292 m²
36,107 m²
13,198 m²
8,658 m²
68,149 m²
8,427 m²

2Q10
29,472 m²
35,635 m²
35,401 m²
36,225 m²
30,729 m²
19,250 m²
11,135 m²
15,292 m²
36,107 m²
13,198 m²
8,658 m²
68,229 m²
8,427 m²

3Q10
38,038 m²
35,635 m²
35,418 m²
36,225 m²
30,729 m²
19,250 m²
11,136 m²
15,292 m²
36,065 m²
16,646 m²
8,658 m²
68,405 m²
8,427 m²

4Q10
38,038 m²
35,649 m²
35,401 m²
36,246 m²
30,709 m²
19,249 m²
11,136 m²
15,292 m²
41,930 m²
16,650 m²
14,458 m²
68,400 m²
8,482 m²

1Q11
38,038 m²
35,649 m²
35,419 m²
36,246 m²
30,709 m²
19,249 m²
11,136 m²
15,113 m²
41,945 m²
16,650 m²
14,505 m²
68,407 m²
8,482 m²

2Q11
38,016 m²
35,601 m²
35,534 m²
36,225 m²
30,749 m²
19,247 m²
11,136 m²
15,113 m²
41,945 m²
16,646 m²
14,499 m²
68,407 m²
8,482 m²

347,640 m²

347,757 m²

359,921 m²

371,640 m²

371,548 m²

371,600 m²

1Q10
36,879 m²
46,784 m²
69,318 m²
55,085 m²
51,512 m²

2Q10
36,840 m²
46,784 m²
69,319 m²
55,085 m²
51,532 m²

3Q10
40,515 m²
46,784 m²
69,351 m²
55,085 m²
51,532 m²

4Q10
47,547 m²
46,784 m²
69,278 m²
55,085 m²
51,526 m²

1Q11
47,547 m²
46,784 m²
69,290 m²
55,085 m²
51,526 m²

2Q11
47,539 m²
46,783 m²
69,394 m²
55,085 m²
51,540 m²

21,360
22,269
50,972
42,986
16,319
23,088
68,077
25,569








21,388
22,269
50,974
42,985
16,319
23,088
68,202
25,569








21,388
22,270
50,974
42,950
16,631
23,088
68,405
28,091








21,388
22,271
50,974
49,917
17,254
23,132
68,400
27,090








21,388
22,271
50,576
49,923
17,254
23,157
68,407
28,274








21,387
22,271
50,377
49,934
17,254
23,207
68,439
28,274








530,218 m²

530,353 m²

537,063 m²

550,645 m²

551,481 m²

551,482 m²

1Q10
29,504 m²
35,635 m²
35,400 m²
36,225 m²
30,717 m²
19,224 m²
11,135 m²
15,292 m²
36,108 m²
13,198 m²
8,658 m²
68,077 m²
7,671 m²

2Q10
29,472 m²
35,635 m²
35,401 m²
36,225 m²
30,729 m²
19,250 m²
11,135 m²
15,292 m²
36,107 m²
13,198 m²
8,658 m²
68,202 m²
7,671 m²

3Q10
32,412 m²
35,635 m²
35,418 m²
36,225 m²
30,729 m²
19,250 m²
11,135 m²
15,292 m²
36,078 m²
16,044 m²
8,658 m²
68,405 m²
8,427 m²

4Q10
38,038 m²
35,649 m²
35,401 m²
36,246 m²
30,709 m²
19,249 m²
11,136 m²
15,292 m²
41,930 m²
16,650 m²
14,457 m²
68,400 m²
8,127 m²

1Q11
38,038 m²
35,649 m²
35,407 m²
36,246 m²
30,709 m²
19,249 m²
11,136 m²
15,173 m²
41,935 m²
16,650 m²
14,473 m²
68,407 m²
8,482 m²

2Q11
38,031 m²
35,634 m²
35,439 m²
36,225 m²
30,734 m²
19,248 m²
11,135 m²
15,113 m²
41,944 m²
16,646 m²
14,504 m²
68,439 m²
8,482 m²

346,843 m²

346,974 m²

353,708 m²

371,285 m²

371,555 m²

371,576 m²

1Q10
99.1%
98.8%
99.5%
100.0%
99.6%
99.8%
99.8%
99.4%
98.7%
99.9%
70%
98.2%
98.2%

2Q10
99.1%
98.8%
99.3%
99.9%
99.8%
99.3%
99.7%
99.2%
98.2%
100.0%
76%
98.6%
91.4%

3Q10
99.8%
98.8%
99.7%
99.9%
99.9%
99.6%
99.5%
99.6%
98.7%
99.6%
86.6%
98.7%
90.6%

4Q10
99.8%
98.8%
99.8%
99.8%
99.9%
99.8%
99.5%
99.9%
99.7%
100.0%
88.3%
98.9%
88.5%

1Q11
99.8%
98.8%
99.7%
99.4%
99.6%
99.3%
99.8%
99.8%
99.9%
99.4%
91.1%
98.6%
85.9%

2Q11
99.5%
98.8%
99.6%
99.7%
98.9%
99.7%
100.0%
98.7%
99.1%
99.4%
92.8%
98.1%
84.3%

97.9%

97.8%

98.4%

98.6%

98.4%

98.1%

Sep-11
3Q11
47,520 m²
46,805 m²
69,585 m²
55,085 m²
51,526 m²
21,386 m²
22,271 m²
50,429 m²
49,935 m²
17,253 m²
23,334 m²
68,431 m²
28,201 m²

Dec-11
4Q11
47,543 m²
46,717 m²
69,440 m²
55,085 m²
53,213 m²
21,386 m²
22,271 m²
50,429 m²
49,935 m²
17,253 m²
23,339 m²
68,212 m²
28,201 m²
39,025 m²
592,048 m²

Mar-12
1Q12
47,565 m²
46,669 m²
69,422 m²
55,085 m²
53,332 m²
21,386 m²
22,271 m²
50,429 m²
49,939 m²
17,253 m²
23,339 m²
68,212 m²
28,201 m²
39,149 m²
592,251 m²

4Q11
80.0%
76.2%
51.1%
65.8%
59.6%
90.0%
50.0%
30.0%
84.0%
96.5%
62.5%
100.0%
30.0%
100.0%
69.5%

1Q12
80.0%
76.2%
51.1%
65.8%
59.6%
90.0%
50.0%
30.0%
84.0%
96.5%
62.5%
100.0%
60.0%
100.0%
70.9%

371,730 m²

4Q11
38,035 m²
35,584 m²
35,463 m²
36,225 m²
31,732 m²
19,247 m²
11,135 m²
15,129 m²
41,945 m²
16,645 m²
14,587 m²
68,212 m²
8,460 m²
39,025 m²
411,423 m²

1Q12
38,052 m²
35,548 m²
35,454 m²
36,225 m²
31,803 m²
19,247 m²
11,135 m²
15,129 m²
41,949 m²
16,645 m²
14,587 m²
68,212 m²
16,921 m²
39,149 m²
420,054 m²

3Q11
47,520 m²
46,805 m²
69,585 m²
55,085 m²
51,526 m²

4Q11
47,542 m²
46,775 m²
69,488 m²
55,085 m²
52,629 m²

1Q12
47,576 m²
46,685 m²
69,437 m²
55,085 m²
53,332 m²

551,759 m²
3Q11
80.0%
76.2%
51.1%
65.8%
59.6%
90.0%
50.0%
30.0%
84.0%
96.5%
62.5%
100.0%
30.0%
67.4%
3Q11
38,016 m²
35,651 m²
35,537 m²
36,225 m²
30,726 m²
19,247 m²
11,135 m²
15,129 m²
41,945 m²
16,645 m²
14,584 m²
68,431 m²
8,460 m²

21,386
22,271
50,429
49,935
17,253
23,334
68,431
28,201








551,759 m²
3Q11
38,016 m²
35,651 m²
35,537 m²
36,225 m²
30,726 m²
19,247 m²
11,135 m²
15,129 m²
41,945 m²
16,645 m²
14,584 m²
68,431 m²
8,460 m²
371,730 m²
3Q11
99.7%
99.0%
99.5%
99.8%
98.6%
99.6%
99.9%
98.1%
99.2%
99.7%
93.3%
98.5%
84.3%
98.1%

21,413 m²
22,271 m²
50,429 m²
49,935 m²
17,253 m²
23,339 m²
68,212 m²
28,201 m²
39,020 m²
591,592 m²

21,386 m²
22,271 m²
50,429 m²
49,939 m²
17,253 m²
23,339 m²
68,212 m²
28,201 m²
39,093 m²
592,236 m²

4Q11
38,034 m²
35,629 m²
35,488 m²
36,225 m²
31,383 m²
19,272 m²
11,135 m²
15,129 m²
41,945 m²
16,645 m²
14,587 m²
68,212 m²
8,460 m²
39,020 m²
411,163 m²

1Q12
38,061 m²
35,560 m²
35,461 m²
36,225 m²
31,802 m²
19,247 m²
11,135 m²
15,129 m²
41,949 m²
16,645 m²
14,587 m²
68,212 m²
16,921 m²
39,093 m²
420,026 m²

4Q11
99.9%
99.9%
99.2%
99.7%
95.9%
99.6%
100.0%
99.8%
99.3%
99.7%
97.2%
98.8%
86.8%
90.3%
98.0%

1Q12
99.7%
99.8%
99.3%
99.5%
94.9%
99.1%
100.0%
99.8%
99.4%
99.7%
82.8%
98.5%
83.8%
93.8%
97.2%

Profit & Loss
Rental revenue
Services
Key Money
Parking
Sales of properties
Straight line effect
Other
Gross Revenue
Taxes and contributions on sales and services
Net Revenue
Headquarters
Stock-option-based remuneration expenses*
Non-recurring expenses (IPO)
Shopping Malls
New projects for lease expenses
New projects for sale expenses
Parking
Cost of properties sold
Equity in earnings of afiliates
Amortization
Financial Revenue
Financial Expenses
Non-recurring financial expenses
Depreciation
Other Operating income/expenses
Operational Income
Non-Operating Income
Income before taxes and social contribution
Tax Income and Social Contribution
Diferred income and social contribution taxes
Minority interest
Net Income

1Q06
29,557
10,987
2,069
1,690
5,718

2Q06
47,994
13,740
3,402
2,362
2,062

3Q06
44,269
11,657
3,353
2,288
5,206

63
50,084
(4,352)
45,732
(15,995)
(4,967)
(4,286)

2
69,562
(5,469)
64,093
(17,316)
(5,337)
(9,207)

66,773
(5,461)
61,313
(19,199)
(3,548)
(7,551)

(2,936)
(575)
(5,783)
3,443
(2,662)
(5,968)
(3,794)
(891)
1,317
571
1,888
(5,291)
2,627
(4,281)
(5,056)

(1,366)
1,278
(21,375)
2,725
(5,248)
(24,562)
(4,582)
260
(20,636)
1,124
(19,512)
(5,909)
(3,453)
(1,746)
(30,620)

(2,738)
(1,405)
(28,694)
2,781
(2,057)
(4,170)
613
(4,655)
(744)
(5,399)
(1,816)
(1,140)
(8,355)

Net Income

(5,056)

(30,620)

(8,355)

Adjusted Net Income

11,663

20,654

23,887

Adjusted FFO

15,457

25,236

28,057

Consolidated EBITDA

10,684

8,967

26,741

Adjusted Consolidated EBITDA

21,620

38,866

30,289

NOI + Key Money

29,030

44,551

42,358

NOI

26,961

41,149

39,006

86.3%

81.7%

83.8%

368,220 m²
209,376 m²
354,013 m²
202,287 m²
354,013 m²

368,432 m²
209,484 m²
353,948 m²
202,241 m²
353,948 m²

368,269 m²
209,312 m²
353,959 m²
202,217 m²
353,959 m²

Net margin

Adjusted Net margin

Adjusted FFO margin

-11.1%

25.5%
33.8%

-47.8%

32.2%
39.4%

-13.6%

39.0%
45.8%

Shopping Center EBITDA

Shopping Center EBITDA margin
Consolidated EBITDA margin
Adjusted Consolidated EBITDA Margin
NOI + Key Money Margin
NOI Margin
Efeito ABL
Total GLA
Own GLA
Total GLA (avg.)
Own GLA (avg.)
Adjusted Total GLA (avg.)

23%
0

87.1%

14.0%
60.6%
82.9%

43.6%
49.4%
84.9%

Adjusted Own GLA (avg.)

202,287 m²

202,241 m²

202,217 m²

BarraShoppingSul (BIG)

0 m²

0 m²

0 m²

Multiplan interest
BarraShoppingSul (BIG)
RibeirãoShopping (additional 20%)
Pátio Savassi

0 m²
0 m²
0 m²

0 m²
0 m²
0 m²

0 m²
0 m²
0 m²

Considerations:
In order to calculate the índex R$/sq.m
1. Do not consider the BIG´s GLA
2. Do not consider the additional interest in RibeirãoShopping (20%) – dec/2006
3. Do not consider Patio Savassi Shopping Center´ GLA

The full amount of the stock option compensation line for the year 2008 was recorded into 4Q08 figures. The full 2008 expense of R$1.3 milli

This Line was adjusted so it could be compared to 2Q09 results. This adjustment results from the application of CPC pronouncement No. 2, as
Numbers were adjusted in order to be adpated to the new project line

Starting in 1Q10, Multiplan presents its parking revenue net of expenses, that is, after deducting transfers, to improve the accounting practice
Numbers were presented in accordance to new accounting principles

4Q06
71,259
8,360
4,782
3,082
2,585

1Q07
52,453
10,873
4,567
4,025
5,175

2Q07
54,368
12,116
4,859
9,723
5,188

3Q07
55,572
12,942
4,385
11,637
8,545

4Q07
77,001
16,401
5,091
13,333
154

1Q08
60,564
11,254
4,764
12,724
-

2Q08
68,772
21,716
8,717
14,779
-

90,068
(8,236)
81,833
(15,014)
(6,229)
(11,826)

0
77,093
(6,729)
70,364
(9,666)
(8,942)

86,254
(7,490)
78,764
(15,620)
(1,361)
(10,309)

(0)
93,081
(7,986)
85,095
(13,069)
(11,983)
(13,583)

384
112,364
(10,194)
102,170
(17,551)
(14,032)

33
89,339
(8,447)
80,892
(11,671)
(318)
(14,633)
(86)

0
113,984
(9,878)
104,107
(27,539)
(318)
(11,972)
(644)

(1,658)
(826)
(27,594)
2,570
(4,630)
(4,965)
522
12,182
(2)
12,180
(603)
1,150
(886)
11,841

(1,463)
(2,998)
1,577
(28,177)
1,367
(5,745)
(5,172)
670
11,816
1,005
12,821
(2,297)
(194)
26
10,356

(5,061)
(2,971)
596
(28,177)
1,697
(6,139)
(5,285)
88
6,222
(22)
6,200
616
(120)
(21)
6,675

(6,209)
(5,012)
1,660
(30,022)
8,835
(5,771)
(23,700)
(5,993)
53
(19,698)
0
(19,698)
842
(6,412)
(81)
(25,348)

(6,437)
(1,638)
4,194
(31,884)
11,570
(4,595)
(7,263)
434
34,968
74
35,042
(975)
(4,504)
(88)
29,474

(6,500)
2,603
(31,428)
15,622
(7,932)
(7,584)
623
19,587
19,587
(770)
(5,710)
(145)
12,962

(6,600)
2,120
(31,477)
9,503
(9,468)
(8,248)
(54)
19,410
19,410
(723)
(5,775)
(172)
12,739

11,841

10,356

6,675

(25,348)

29,474

12,962

12,739

45,664

38,532

36,214

40,357

61,358

50,101

49,991

50,629

43,704

41,498

46,350

68,621

57,685

58,239

46,800

50,547

44,103

13,253

67,213

50,910

59,100

53,029

50,547

45,464

48,936

67,213

50,910

59,100

67,298

50,640

53,580

51,803

74,955

56,919

73,697

62,516

46,073

48,721

47,418

69,865

52,155

64,979

84.1%

81.6%

76.0%

70.6%

77.3%

71.2%

77.8%

373,480 m²
214,525 m²
357,671 m²
206,532 m²
357,671 m²

373,464 m²
238,883 m²
374,618 m²
224,488 m²
374,618 m²

393,615 m²
255,927 m²
377,217 m²
239,855 m²
377,217 m²

392,279 m²
252,147 m²
377,588 m²
237,563 m²
377,588 m²

392,279 m²
257,369 m²
377,884 m²
242,972 m²
377,884 m²

392,015 m²
257,063 m²
377,981 m²
242,963 m²
377,981 m²

416,416 m²
266,314 m²
393,900 m²
248,827 m²
393,900 m²

14.5%
55.8%
61.9%

57.2%
64.8%
85.1%

14.7%
54.8%
62.1%

71.8%
71.8%
83.0%

8.5%

46.0%
52.7%

56.0%
57.7%
77.7%

-29.8%

47.4%
54.5%

15.6%
57.5%
72.4%

28.8%
60.1%
67.2%

65.8%
65.8%
78.5%

16.0%
61.9%
71.3%

62.9%
62.9%
72.9%

12.2%
48.0%
55.9%

56.8%
56.8%
79.9%

206,532 m²

216,662 m²

219,001 m²

229,738 m²

235,135 m²

235,126 m²

248,827 m²

0 m²

0 m²

0 m²

0 m²

0 m²

0 m²

0 m²

0 m²
0 m²
0 m²

0 m²
7,826 m²
0 m²

0 m²
7,826 m²
13,028 m²

0 m²
7,826 m²
0 m²

0 m²
7,838 m²
0 m²

0 m²
7,838 m²
0 m²

0 m²
0 m²
0 m²

o 4Q08 figures. The full 2008 expense of R$1.3 million was equally divided by the four quarters of the year, for comparison

rom the application of CPC pronouncement No. 2, as required by CVM Rule No. 534 of January 29, 2008.

ducting transfers, to improve the accounting practices and converging with market standards.

3Q08
67,994
18,604
3,606
18,989
2,268

4Q08
97,923
14,521
4,155
21,016
513

111,461
(10,363)
101,098
(20,119)
(318)
(11,132)
(2,279)

(0)
138,129
(12,995)
125,134

(7,828)
(884)
(1,640)
(31,337)
6,863
(5,117)
(7,732)
221
19,797
(65)
19,732
(4,086)
(6,359)
(201)
9,086

(8,992)
(267)
526
(30,469)
2,311
(8,237)
(7,846)
172
35,922
35,922
(7,221)
10,764
(248)
39,216

1Q09
79,389
15,389
5,168
10,540
426
110,913
(9,972)
100,941
(18,885)
(510)
(16,152)
(182)
(41)
(233)
(6,198)
4,362
(9,745)
(8,605)
1,265
46,017
46,017
(1,286)
407
(228)
44,911

9,086

39,216

46,782
54,514

9.0%

46.3%
53.9%

2Q09
81,499
18,108
6,034
12,807
882

3Q09
81,759
22,005
8,108
13,860
3,458

87
119,417
(12,348)
107,069
(24,657)
(807)
(13,001)
(2,289)
(131)
(481)
(3,354)
5,063
(10,706)

603
129,793
(13,166)
116,627
(18,695)
(1,051)
(17,013)
(4,271)
(143)
(3,298)
(5,904)
6,884
(9,752)

(8,913)
1,093
48,886
48,886
(2,254)
(76)
(228)
46,327

44,911

58,922
66,768

(19,791)

(318)
(11,979)
(4,322)

31.3%
47.1%
53.4%

(8,684)
19,822
74,522
74,522
(10,762)
(22,992)
89
40,857

4Q09
117,533
17,870
7,680
17,752
7,102
6,000
308
174,245
(16,148)
158,097
(25,945)
(1,047)
(15,612)
(11,445)
(770)
(4,527)
(4,576)
0
19,964
(11,183)
(9,549)
258
93,665
93,665
(11,982)
(50,815)
377
31,245

1Q10
90,020
14,709
11,179
15,995
9,016
9,031
15
149,964
(13,585)
136,380
(20,068)
(1,164)
(15,318)
(6,362)
(264)
(5,094)
(3,954)
20,346
(11,208)
(10,537)
1,136
83,894
83,894
(1,414)
(32,219)
(2,764)
47,497

46,327

40,857

31,245

47,497

44,504

46,403

63,849

82,060

79,716

53,109

55,316

72,533

91,609

90,253

66,089

66,617

92,312

97,862

86,405

44.5%
44.1%
52.6%
65.7%

43.3%
43.3%
51.7%
62.7%

35.0%
54.7%
62.2%
81.3%

19.8%
51.9%
57.9%
64.5%

34.8%
58.5%
66.2%
67.4%

57,055

80,163

60,005

63,442

86,074

94,433

85,292

57,055

80,163

60,005

63,442

86,074

94,433

85,292

71,629

102,123

78,946

87,339

86,714

133,353

110,907

68,023

97,968

73,778

81,305

78,606

125,673

99,728

78.2%

82.4%

82.0%

86.2%

82.2%

88.9%

86.7%

416,928 m²
266,759 m²
402,522 m²
252,350 m²
402,522 m²

484,373 m²
330,308 m²
460,410 m²
307,759 m²
446,010 m²

484,894 m²
330,786 m²
484,888 m²
330,778 m²
470,488 m²

484,873 m²
330,833 m²
484,925 m²
330,858 m²
470,525 m²

497,248 m²
334,298 m²
494,769 m²
333,486 m²
480,369 m²

533,741 m²
347,985 m²
523,405 m²
344,890 m²
509,005 m²

532,773 m²
347,640 m²
530,218 m²
346,843 m²
515,818 m²

56.4%
56.4%
79.1%

64.1%
64.1%
83.0%

59.4%
59.4%
83.0%

59.3%
59.3%
87.0%

73.8%
73.8%
83.6%

59.7%
59.7%
89.5%

62.5%
62.5%
87.9%

252,350 m²

293,359 m²

316,378 m²

316,458 m²

319,086 m²

330,490 m²

332,443 m²

0 m²

14,400 m²

14,400 m²

14,400 m²

14,400 m²

14,400 m²

14,400 m²

0 m²
0 m²
0 m²

14,400 m²
0 m²
0 m²

14,400 m²
0 m²
0 m²

14,400 m²
0 m²
0 m²

14,400 m²
0 m²
0 m²

14,400 m²
0 m²
0 m²

14,400 m²
0 m²
0 m²

2Q10
94,254
21,077
6,350
15,505
12,240
6,412
1,534
157,373
(14,277)
143,096
(25,324)
(1,380)
(16,263)
(10,685)
(507)
(7,283)
(997)
21,996
(11,564)
(10,460)
266
80,894
80,894
(1,500)
(25,189)
(2,021)
52,184

3Q10
93,765
18,347
8,384
16,825
13,719
8,319
591
159,950
(13,438)
146,512
(24,744)
(1,382)
(14,990)
(13,145)
(795)
(7,420)
1,777
24,567
(9,208)
(10,755)
(12,801)
77,616
77,616
(1,676)
(27,001)
(2,584)
46,355

4Q10
138,075
18,793
9,328
21,179
26,453
(18,658)
167
195,337
(16,949)
178,388
(22,962)
(1,749)
(19,313)
(8,882)
(2,796)
(12,498)
(337)
22,214
(13,600)
(12,862)
1,119
106,722
106,722
(10,382)
(20,746)
(3,246)
72,348

1Q11
105,476
19,068
9,162
18,553
13,592
6,974
328
173,153
(15,340)
157,813
(21,626)
(1,345)
(15,433)
(3,445)
(1,202)
(13,992)
604
24,897
(13,340)
(14,317)
1,468
100,082
100,082
(8,605)
(25,017)
(2,738)
63,722

2Q11
108,425
21,344
10,045
19,046
8,468
6,783
394
174,505
(15,823)
158,682
(20,071)
(2,164)
(17,243)
(3,296)
(1,273)
(9,390)
778
21,808
(14,194)
(14,941)
1,125
99,821
99,821
(31,949)
(4,798)
(2,002)
61,072

3Q11
111,301
23,644
9,802
19,775
10,515
6,050
731
181,818
(16,160)
165,658
(20,955)
(2,040)
(15,378)
(2,537)
(4,497)
(9,852)
141
18,406
(9,593)
(15,134)
1,020
105,239
105,239
(17,313)
(19,329)
(3,329)
65,268

4Q11
161,053
18,268
10,123
24,687
16,819
(19,004)
802
212,748
(18,649)
194,099
(25,717)
(2,112)
(10,219)
(2,951)
(8,915)
(11,516)
620
22,085
(18,510)
(15,989)
441
121,316
121,316
(2,801)
(7,727)
(2,674)
108,114

52,184

46,355

72,348

63,722

61,072

65,268

108,114

77,373

73,356

93,094

88,739

65,870

84,597

115,841

87,833

84,111

105,956

103,056

80,811

99,731

131,830

78,579

66,884

102,443

105,044

109,333

116,187

138,196

80,922

73,012

110,970

102,842

107,148

111,560

133,730

80,922

73,012

110,970

102,842

107,148

111,560

133,730

106,257

112,303

130,611

124,732

127,056

131,550

166,640

99,907

103,919

121,283

115,570

117,011

121,748

156,517

86.0%

87.4%

86.3%

88.2%

87.2%

88.8%

93.9%

532,902 m²
347,757 m²
530,353 m²
346,974 m²
515,953 m²

544,703 m²
359,921 m²
537,063 m²
353,708 m²
522,663 m²

551,830 m²
371,640 m²
550,645 m²
371,285 m²
536,245 m²

551,368 m²
371,548 m²
551,481 m²
371,555 m²
537,081 m²

551,592 m²
371,600 m²
551,482 m²
371,576 m²
537,082 m²

551,759 m²
371,730 m²
551,759 m²
371,730 m²
537,359 m²

592,048 m²
411,423 m²
591,592 m²
411,163 m²
577,192 m²

36.5%
54.1%
61.4%
59.5%
56.6%
56.6%
86.7%

31.6%
50.1%
57.4%
49.9%
49.8%
49.8%
88.2%

40.6%
52.2%
59.4%
66.4%
62.2%
62.2%
87.1%

40.4%
56.2%
65.3%
72.2%
65.2%
65.2%
89.0%

38.5%
41.5%
50.9%
72.4%
67.5%
67.5%
88.1%

39.4%
51.1%
60.2%
74.4%
67.3%
67.3%
89.5%

55.7%
59.7%
67.9%
77.3%
68.9%
68.9%
94.2%

332,574 m²

339,308 m²

356,885 m²

357,155 m²

357,176 m²

357,330 m²

396,763 m²

14,400 m²

14,400 m²

14,400 m²

14,400 m²

14,400 m²

14,400 m²

14,400 m²

14,400 m²
0 m²
0 m²

14,400 m²
0 m²
0 m²

14,400 m²
0 m²
0 m²

14,400 m²
0 m²
0 m²

14,400 m²
0 m²
0 m²

14,400 m²
0 m²
0 m²

14,400 m²
0 m²
0 m²

1Q12
121,975
20,447
8,907
22,418
166,054
6,114
111
346,026
(22,677)
323,349
(25,561)
(2,101)
(18,360)
(2,343)
(5,982)
(80,165)
1,064
20,085
(27,193)
(17,263)
817
166,347
166,347
(22,079)
(18,528)
(1,248)
124,492
124,492

38.5%

143,020

44.2%

160,283

49.6%

120,629

71.7%

190,718

59.0%

190,718

59.0%

141,054

88.5%

132,147

87.8%
592,251 m²
420,054 m²
592,236 m²
420,026 m²
577,836 m²

405,626 m²
14,400 m²
14,400 m²
0 m²
0 m²

Balance Sheet

Mar-06

Jun-06

ASSETS
Current Assets
Cash and cash equivalent
Accounts Receivable
Lands and properties held for sale
Loans Receivable and Prepaid Acc. ST
Sundry loans and advances
Credit with related Parties
Recoverable taxes and contributions
Deffered income and social contribution taxes
Other
Total Current Assets
Non Current Assets
Receivables with related Parties
Accounts Receivable
Loans Receivable and Prepaid Acc. LT
Lands and properties held for sale
Sundry loans and advances
Legal Deposit
Deffered income and social contribution taxes
Other
Investments
Investment properties
Property and equipment
Intangible
Deffered charges
Total Non Current Assets
Total Assets

26,739
38,134

232,631
40,421

2,491
8,959
21,632
3,218
101,173

2,651
6,046
10,786
89
292,624

4,978
990
2,767
2,533
13,852
11,928
502
343,266

1,103
941
3,477
5,471
14,245
6,469
45
176,344

580,756
10,245
971,817

546,760
377,528
1,132,383

1,072,989

1,425,007

632,406
6,896
3,446
17,937
30,235
1,403
3,499
4,088
1,479
701,390

14,075
5,908
16,744
13,217
1,775
2,166
5,323
1,439
60,647

38,691

36,990

10,295
100
-

5,382
272,295
-

LIABILITIES
Current Liabilities
Loans and financing
Stock Aquisitions
Accounts payable
Property acquisition obligations
Taxes and contributions payable
Taxes paid in installments
Proposed dividends
Deferred incomes
Payables to related parties
Debentures
Clients antecipation
Other
Total Current Liabilities
Non Current Liabilities
Loans and financing
Debentures
Stock aquisitions
Debt with related Parties
Deffered income and social contribution taxes

Property acquisition obligations
Taxes paid in installments
Provision for contingencies
Deferred incomes
Total Non Current Liabilities
Minority Interest
Shareholder's Equity
Capital
Capital Reserves
Income Reserve
YTD Income
Efects on capital transactions
Share issue costs
Equity Valuation adjustment
Shares in treasure department
Minority Interest
Total Shareholder's equity
Total Liabilities and Shareholder's Equity

2,238
18,614
58,047
127,985

2,215
18,329
54,977
390,189

87,791

503

160,296
(4,472)
-

264,419
745,877
(36,629)
-

155,823

973,667

1,072,989

1,425,007

Sep-06

Dec-06

Mar-07

Jun-07

59,841
36,072

10,598
52,593

11,268
52,000

12,039
45,996

475,243
58,830

416,445
80,220

2,709
5,026
4,986
108
108,742

1,353
3,002
1,209
5,224
369
74,348

1,113
5,116
5,846
230
75,574

897
41,850
6,837
152
107,771

817
3,884
8,210
546,983

3,087
11,384
16,840
172
528,148

1,601
941
4,198
4,593
14,276
6,469
45
1,948

1,123
7,096
680
26,728
3,564
14,276
7,165
46
41,122

1,145
544
39,152
2,294
14,335
6,971
44
42,471

1,192
355
10,995
74,719
3,062
14,222
193,963
44
42,804

210
12,088
76,032
2,915
14,404
187,815
840
153,784

1,201
16,106
76,810
1,569
166,208
1,431
48,561

557,373
524,123
1,115,567

612,394
480,069
14,086
1,208,349

641,303
463,819
1,212,080

644,750
441,349
1,427,454

711,650
416,904
1,576,642

916,278
427,793
26,311
1,682,267

1,224,309

1,282,697

1,287,653

1,535,225

2,123,625

2,210,415

23,592
47,975
5,320
29,086
6,676
1,014
525
2,644
4,103
375
121,310

13,120
45,320
4,652
37,710
6,886
518
496
2,228
1,555
666
113,150

27,212
44,114
5,955
53,008
6,396
319
430
858
664
138,955

17,532
48,994
9,471
44,874
6,564
253
211
3
340
2,634
130,876

16,333
46,996
8,934
44,775
9,115
263
1,488
6,128
134,034

40,068

34,434

32,152

51,829

25,260

21,969

-

45,991
-

46,718
-

47,211
(0)
-

-

-

9,655
201
7,973
61,063
6,763
1,524
551
(201)
1,814
89,343

77
-

Sep-07

Dec-07

0
-

0
-

50,435
1,912
18,329
53,362
164,182

25,702
1,927
17,231
57,177
182,462

22,068
1,881
16,873
64,894
184,585

25,644
1,849
16,488
70,023
213,044

21,137
1,807
17,271
81,194
146,668

77,510
1,755
3,363
96,381
200,978

79

83

906

1,236

1,280

1,317

264,419
932,425
(14,854)

952,747
932,425
(40,371)

952,747
932,425
(11,086)

264,419
745,877
(39,591)
-

264,419
745,877
(31,454)
-

264,419
745,877
(21,284)
-

-

-

-

970,706

978,842

989,012

1,181,990

1,844,801

1,874,086

1,224,309

1,282,697

1,287,653

1,535,225

2,123,625

2,210,415

Mar-08

Jun-08

Sep-08

Dec-08

Jan-09

Jun-09

362,596
64,620

263,893
77,441

114,716
75,246

167,585
99,529

187,213
91,334

187,337
88,674

28,108
15,444
28,506
664
499,938

2,839
16,882
28,506
508
390,069

5,470
20,402
28,506
887
245,226

18,496
20,198
38,704
344,512

16,450
21,090
39,492
965
356,544

19,831

1,300
17,806
77,036
1,605
149,094
3,812
11,613

1,409
12,177
116,032
1,554
143,057
1,460
20,250

1,557
19,872
116,359
4,650
136,698
1,868
18,711

1,687
17,762
129,457
10,328
137,263
3,029
22,847

1,698
18,037
131,200
19,773
137,259
3,529
17,603

132,210
10,968
137,726
3,422
16,053

1,087,241
396,639
34,401
1,780,547

1,213,178
366,636
35,598
1,911,352

1,373,033
335,866
41,987
2,050,601

1,573,204
309,890
32,757
2,238,224

1,630,588
310,529
31,648
2,301,865

1,711,326
310,035
30,588
2,371,507

2,280,485

2,301,420

2,295,827

2,582,737

2,658,409

2,733,997

15,846
47,337
8,115
58,003
8,035
259
142
8,334
146,071

15,726
53,041
19,653
52,873
8,652
262
142
2,426
152,775

15,704
45,898
46,583
11,474
264
190
3,538
10,849
134,500

107,360
55,052
45,222
25,326
267
20,084
21,265
23,780
8,600
1,510
308,465

112,996
60,108
43,622
14,189
271
20,084
21,602
54,535
11,818
1,567
340,791

29,678
61,126
44,269
21,406
273
26,528
55,312
321
13,083
1,439
253,435

18,028

13,584

9,978

128,912

126,110

-

-

-

154,985
100,000
-

-

-

22,179
39,308
5,161
362,490
1,722
17,457

113,277
1,718
3,388
110,183
246,594

106,020
1,671
4,728
110,506
236,510

98,367
1,623
4,239
121,479
235,685

90,049
1,574
4,571
105,035
330,140

81,609
1,522
4,552
117,186
330,979

72,731
1,464
4,472
114,696
448,348

1,311

12,915

12,914

12,953

13,077

13,019

952,747
932,425
1,337

952,747
932,425
17,443

952,747
932,425
27,556

952,747
958,276
22,084
-

952,747
958,786
22,473
44,180

952,747
959,593
21,673
89,806

-

(3,394)
-

-

(1,928)

(4,624)

(4,624)

1,886,509

1,899,221

1,912,728

1,931,179

1,973,562

2,019,195

2,280,485

2,301,420

2,295,827

2,582,737

2,658,409

2,733,997

Sep-09

Dec-09

Mar-10

796,794
88,549

827,967
115,117

980,467
98,589

35,785
34,563
60,382
3,268
1,019,340

30,985
38,744
3,483
1,016,296

21,471
38,702
8,442
1,147,671

1,875,904
309,729
29,650
2,504,955

18,028
0
141,268
9,908
113,891
21,631
15,382
2,006,505
15,582
309,475
2,651,670

74
20,793
142,074
9,001
23,117
81,673
766
14,418
2,057,732
15,510
310,206
2,675,364

3,524,295

3,667,966

43,757

Jun-10

Sep-10

784,726
150,708

19,823
10,559
1,024,969

17,177
21,892
14,153
1,028,183

19,887
24,499
17,706
997,526

136,479
8,494
23,217
56,483
799
14,891
2,122,432
16,306
313,867
2,720,404

75
28,755
138,146
7,111
23,217
29,483
801
11,841
2,266,899
18,299
317,901
2,842,528

36,154
33,183
8,658
23,217
8,737
69
12,018
2,496,675
18,504
320,588
2,957,803

35,913
35,685
9,910
23,464
86
12,624
2,587,533
18,277
319,837
3,043,329

3,823,035

3,830,977

3,867,497

3,985,986

4,040,855

39,642
72,921
2,888
13,346
1,861
317,013

41,660
66,762
62,122
24,904
40,521
54,279
92,214
386
9,559
1,743
394,150

50,784
59,843
62,130
23,754
281
40,521
68,878
94,290
2,764
4,533
1,850
409,627

72,413
64,947
54,207
12,543
1
284
33,154
94,290
100,541
3,928
436,309

59,968
73,155
46,619
13,479
1
287
41,839
94,274
103,621
2,096
435,339

61,798
79,384
41,989
25,900
51,469
42,163
94,274
100,709
10,879
2,277
510,842

45,752
72,464
35,474
31,040
51,469
37,118
325
103,833
1,598
1,530
380,603

135,660
100,000
-

130,035
100,000
-

223,566
100,000
-

221,154
-

218,759
-

246,378
-

253,545
16,281

142,277
12,782
93,980
5,865
14,864

71,333
53,398
17,591
276

840,118
132,998

21,300

21,471

29,864
10,091
1,110,573
74
27,362

Mar-11

794,839
180,122

2,120
17,781

933,011
116,307

Dec-10

122,465
1,415
4,945
97,457
461,943
12,679
1,641,747
960,644
21,292
138,515

127,481
1,359
21,435
77,698
458,008
-

115,454
1,302
22,413
67,863
530,598
-

110,302
1,244
22,467
116,821
471,988
-

104,188
1,184
22,348
116,692
463,171
-

98,961
1,122
21,662
141,570
509,693
-

94,592
1,060
21,678
152,483
539,639
-

1,745,097
961,691
122,408
-

1,761,662
962,855
169,263
-

1,761,662
966,153
201,125
-

1,761,662
967,535
102,192
145,050

1,761,662
969,186
268,060
-

1,761,662
970,414
330,619
-

2,732,660

(20,837)
(4,624)
12,073
2,815,808

(21,016)
(4,624)
14,670
2,882,810

(21,016)
(1,840)
16,597
2,922,681

(21,016)
(5,451)
19,015
2,968,987

(21,016)
(34,769)
22,328
2,965,451

(21,016)
(40,079)
119,013
3,120,613

3,524,295

3,667,966

3,823,035

3,830,977

3,867,497

3,985,986

4,040,855

(24,914)
(4,624)

Jun-11

Sep-11

Dec-11

R$ 1,000
Mar-12

559,467
168,683

532,860
179,108

558,343
219,219

655,034
194,177
91,236

21,920
40,472
14,040
804,582

19,162
66,444
12,929
810,503

22,817
83,335
14,140
897,854

37,044
71,004
9,396
23,592
86
10,657
2,739,211
18,218
319,100
3,228,308

36,767
77,060
10,038
24,901
85
10,799
2,922,756
18,395
318,218
3,419,019

26,326
457,183
8,909
24,943
75
11,429
2,987,757
19,812
317,349

75
12,493
3,115,590
19,497
321,582

3,853,783

3,837,112

4,032,890

4,229,522

4,751,637

4,907,912

46,629
88,380
40,361
41,312
53,125
325
1,624
271,756

51,089
104,117
38,892
57,301
38,326
450
3,467
293,642

55,652
108,941
41,436
60,887
85,042
52,097
9,095
13,543
426,693

66,025

320,036
21,079

402,622
40,408

501,503
300,000
48,135

21,801
90,769
17,783
1,070,800

21,540
312,602
8,459
25,274

118,571
45,542
78,697
85,072
41,886
303
2,310
17,245
3,154
458,805
724,587
300,000
66,320

111,346
993
21,425
151,454
626,333
-

102,949
952
21,338
168,766
737,035
-

92,214
861
21,360
144,511
1,108,584
-

80,181
818
21,427
137,712
1,331,045
-

1,761,662
966,239
340,062
-

1,761,662
968,237
405,958
-

1,761,662
968,403
414,101
-

1,761,662
969,120
414,228

(21,016)
(33,161)
121,015
3,134,801

(21,016)
(40,340)
124,344
3,198,845

(21,016)
(34,258)
127,468
3,216,360

(89,996)
(21,016)
123,579
(39,691)
176
3,118,062

4,032,890

4,229,522

4,751,637

4,907,912

1,000

Total Sales (Shopping 100%)
Operating Shoppings Portfolio
BHShopping
RibeirãoShopping
BarraShopping
MorumbiShopping
ParkShopping
DiamondMall
New York City Center
Shopping AnáliaFranco
ParkShoppingBarigüi
Pátio Savassi
Shopping SantaÚrsula
BarraShoppingSul
Shopping VilaOlímpia
ParkShoppingSãoCaetano
Portfolio Total

1Q06
88,748
51,481
180,263
122,346
88,182
37,632
30,874
69,739
58,410
-

2Q06
101,907
58,896
194,858
149,513
103,481
43,502
30,110
80,317
72,343
-

3Q06
104,145
62,450
201,381
142,051
103,360
46,789
29,853
80,322
74,962
-

4Q06
144,591
83,487
272,159
218,814
143,957
61,524
37,222
110,180
101,499
-

1Q07
104,442
63,288
200,991
158,471
101,315
46,655
34,153
78,595
76,732
-

727,675

834,928

845,313

1,173,432

864,642

Rent Revenue (Base Rent + Overage Rent + Merchandising) - Does not include Straight Line Effect
Operating Shoppings Portfolio
1Q06
2Q06
3Q06
4Q06
1Q07
Rent Revenue
29,557
47,994
44,269
66,121
52,453
BHShopping
5,950
9,076
7,848
11,315
8,335
RibeirãoShopping
1,612
3,313
3,054
4,218
3,265
BarraShopping
7,170
11,333
10,369
15,249
11,817
MorumbiShopping
4,881
9,331
8,635
13,466
11,600
ParkShopping
2,459
4,199
4,142
5,700
4,244
DiamondMall
1,883
2,323
2,146
4,450
4,585
New York City Center
526
1,116
1,095
1,363
1,187
Shopping AnáliaFranco
2,332
2,361
2,432
3,268
2,600
ParkShoppingBarigüi
2,725
4,922
4,540
7,085
4,813
Pátio Savassi
Shopping SantaÚrsula
BarraShoppingSul
20
20
7
7
7
Shopping VilaOlímpia
ParkShoppingSãoCaetano
Straigh Line Effect
Base Rent
24,695
38,730
37,971
57,246
45,393
BHShopping
4,954
7,326
6,776
9,899
7,376
RibeirãoShopping
1,241
2,587
2,601
3,646
2,850
BarraShopping
6,435
9,617
9,259
13,690
10,495
MorumbiShopping
3,817
7,580
7,307
11,710
9,644
ParkShopping
1,928
3,324
3,355
4,444
3,497
DiamondMall
1,694
1,946
1,889
4,164
4,102
New York City Center
410
972
942
1,171
1,021
Shopping AnáliaFranco
2,018
1,833
2,037
2,659
2,192
ParkShoppingBarigüi
2,177
3,524
3,799
5,857
4,209
Pátio Savassi
Shopping SantaÚrsula
BarraShoppingSul
20
20
7
7
7
Shopping VilaOlímpia
ParkShoppingSãoCaetano
Straigh Line Effect
Overage Rent
955
1,305
1,393
2,246
2,412

BHShopping
RibeirãoShopping
BarraShopping
MorumbiShopping
ParkShopping
DiamondMall
New York City Center
Shopping AnáliaFranco
ParkShoppingBarigüi
Pátio Savassi
Shopping SantaÚrsula
BarraShoppingSul
Shopping VilaOlímpia
ParkShoppingSãoCaetano
Merchandising
BHShopping
RibeirãoShopping
BarraShopping
MorumbiShopping
ParkShopping
DiamondMall
New York City Center
Shopping AnáliaFranco
ParkShoppingBarigüi
Pátio Savassi
Shopping SantaÚrsula
BarraShoppingSul (BIG)
Shopping VilaOlímpia
ParkShoppingSãoCaetano
* + Increase in Accounts Receivables R$ 5.1M
Parking Revenue
Operating Shoppings Portfolio
BHShopping
RibeirãoShopping
BarraShopping
MorumbiShopping
ParkShopping
DiamondMall
New York City Center
Shopping AnáliaFranco
ParkShoppingBarigüi
Pátio Savassi
Shopping SantaÚrsula
BarraShoppingSul
Shopping VilaOlímpia
ParkShoppingSãoCaetano
Portfolio Total
Parking Transfer
Parking Net Revenue
Revenue net from tranfer

123
99
216
143
94
49
31
68
132
-

132
79
207
127
148
80
11
63
457
-

158
84
201
137
303
95
11
99
304
-

216
135
337
178
482
101
48
194
555
-

185
112
453
796
260
212
75
128
191
-

3,907
872
271
518
921
437
139
85
246
416
-

7,960
1,618
647
1,509
1,624
727
297
133
465
940
-

4,905
914
368
909
1,191
484
163
142
296
438
-

6,629
1,200
438
1,222
1,578
773
184
145
416
673
-

4,648
774
303
869
1,160
487
271
91
280
413
-

1Q06
234
611
450
184
211
-

2Q06
274
1,029
686
124
249
-

3Q06
320
887
666
153
262
-

4Q06
426
936
996
356
368
-

1Q07
308
831
2,255
324
307
-

1,690
1,690

2,362
2,362

2,287
2,287

3,082
3,082

4,025
(1,463)
2,562

2Q07
115,314
71,688
213,214
190,460
114,852
51,961
30,526
95,561
88,159
-

3Q07
120,742
73,836
219,210
181,729
118,335
57,011
31,927
92,943
91,996
42,133
-

4Q07
158,431
101,202
293,169
251,570
157,705
75,238
38,104
125,801
117,584
58,645
-

1Q08
119,872
76,149
224,292
183,552
115,046
59,966
35,691
93,862
93,077
43,936
-

2Q08
132,726
84,662
231,668
214,998
124,180
68,916
32,409
105,943
106,383
49,555
18,542
-

3Q08
137,235
86,871
242,282
216,411
129,997
70,547
33,132
103,858
102,374
54,678
26,294
-

4Q08
179,402
115,527
323,019
283,649
183,735
88,001
39,875
136,013
130,004
70,571
29,645
71,152
-

1Q09
133,842
88,991
235,403
204,535
135,676
64,670
33,246
97,928
101,228
52,637
21,051
92,006
-

971,737

1,029,860

1,377,449

1,045,442

1,169,981

1,203,680

1,650,592

1,261,212

2Q07
54,368
8,690
3,535
11,877
11,555
4,469
4,762
1,186
2,812
5,474
7
-

3Q07
55,571
8,508
3,520
11,840
11,457
4,433
4,832
1,266
2,830
5,214
1,665
7
-

4Q07
77,001
11,217
4,652
15,264
17,420
5,954
6,519
1,427
3,685
7,275
3,580
7
-

1Q08
60,564
8,554
3,696
12,435
14,499
4,455
5,097
1,268
2,924
4,851
2,777
7
-

2Q08
68,772
9,294
5,861
13,236
15,957
4,925
5,762
1,378
3,258
5,742
3,122
230
7
-

3Q08
67,994
9,242
5,562
13,137
15,464
5,148
5,794
1,264
3,074
5,566
3,192
545
6
-

4Q08
97,923
12,841
7,512
17,734
21,600
7,109
7,382
1,563
4,085
7,783
4,387
500
5,427
-

1Q09
79,390
10,239
6,216
14,127
16,157
5,515
5,620
1,326
3,128
5,810
3,398
446
7,408
-

45,187
7,249
2,901
10,232
9,706
3,472
4,017
1,048
2,167
4,389
7
-

46,896
7,301
2,937
10,502
9,701
3,474
4,155
1,077
2,200
4,338
1,205
7
-

64,128
9,455
3,758
13,559
14,216
4,569
5,652
1,156
2,902
5,991
2,864
7
-

51,991
7,310
3,091
11,080
12,472
3,608
4,410
1,097
2,390
4,234
2,292
7
-

54,548
7,232
4,607
11,169
12,434
3,790
4,637
1,169
2,478
4,449
2,375
202
7
-

56,478
7,941
4,460
11,579
12,825
3,977
4,923
1,100
2,498
4,287
2,439
443
6
-

82,769
10,955
6,232
15,749
17,653
5,713
6,417
1,336
3,331
6,546
3,315
401
5,122
-

69,272
9,058
5,234
12,765
14,151
4,580
4,984
1,081
2,701
4,938
2,906
296
6,578
-

2,341

2,438

3,712

2,514

2,829

2,718

3,294

1,948

256
132
332
387
315
309
8
188
414
-

307
134
339
387
342
325
22
171
223
188
-

397
231
411
679
463
418
109
257
398
348
-

262
182
443
442
285
328
68
178
132
197
-

296
254
273
582
211
417
40
163
318
270
5
-

294
259
279
400
424
349
17
116
251
317
13
-

371
269
324
583
325
320
26
168
239
462
13
193
-

168
162
301
282
288
148
79
64
110
221
5
121
-

6,840
1,185
502
1,313
1,461
682
436
131
457
672
-

6,237
900
449
998
1,369
617
352
167
459
654
271
-

9,162
1,365
663
1,295
2,525
922
449
162
526
886
368
-

6,059
982
424
912
1,586
562
359
104
356
486
288
-

11,395
1,766
1,000
1,795
2,941
924
709
169
617
974
478
23
-

8,798
1,007
843
1,279
2,239
747
523
147
460
1,027
437
89
-

11,860
1,514
1,011
1,662
3,364
1,071
644
201
586
998
610
86
113
-

8,170
1,013
820
1,062
1,724
648
488
166
364
762
272
144
708
-

2Q07
1,263
3,070
4,048
711
632
-

3Q07
1,333
4,081
3,933
840
838
612
-

4Q07
1,566
4,535
4,621
818
951
842
-

1Q08
1,568
4,321
3,943
863
1,091
938
-

2Q08
1,831
4,412
4,039
1,006
983
1,259
185
1,064
-

3Q08
1,921
4,654
5,195
1,038
952
2,108
1,903
1,218
-

4Q08
2,324
5,215
5,606
1,176
1,049
2,212
2,064
1,352
19
-

1Q09
2,040
4,065
4,582
1,082
1,073
1,488
2,000
1,326
45
-

9,723
(5,061)
4,662

11,637
(6,209)
5,428

13,333
(6,437)
6,896

12,724
(6,500)
6,224

14,779
(6,600)
8,179

18,989
(7,828)
11,161

21,016
(8,992)
12,024

17,700
(7,160)
10,540

2Q09
146,076
95,818
259,564
241,384
151,657
76,245
31,288
114,810
111,459
59,241
19,526
100,549
-

3Q09
148,605
93,305
280,378
231,348
149,990
77,816
33,050
121,863
104,175
60,264
18,068
96,983
-

4Q09
206,681
134,032
372,359
325,821
220,702
113,241
41,955
189,277
148,529
81,432
25,177
135,406
29,236

1Q10
156,877
103,379
288,129
239,220
173,024
93,355
46,219
142,517
113,556
60,256
20,579
107,308
41,174

2Q10
166,844
110,145
308,648
275,052
172,797
103,431
40,481
158,804
122,748
66,582
24,991
117,185
46,884

3Q10
168,976
112,293
319,099
266,599
181,973
105,399
40,983
157,381
119,291
68,787
28,066
123,603
52,445

4Q10
273,554
151,630
434,730
368,055
247,583
129,343
50,829
229,041
185,508
88,330
36,158
162,185
73,898

1Q11
193,415
111,744
317,774
259,922
175,587
96,186
47,860
160,946
143,504
68,766
29,055
120,286
61,320

1,407,614

1,415,845

2,023,848

1,585,594

1,714,591

1,744,895

2,430,844

1,786,364

2Q09
81,498
10,086
6,342
13,930
16,946
5,864
6,331
1,206
3,262
6,200
3,640
405
7,287
-

3Q09
81,759
10,519
6,264
14,204
16,530
6,062
6,276
1,213
3,777
5,796
3,617
327
7,176
-

4Q09
123,533
13,237
8,373
20,309
22,841
9,798
8,392
1,555
5,167
8,306
4,674
409
11,244
3,227

1Q10
99,051
10,135
6,570
14,726
17,129
7,592
6,774
1,421
3,985
5,744
3,548
376
7,416
4,604

2Q10
100,666
11,113
6,677
15,193
17,999
7,848
7,167
1,332
4,139
6,421
4,090
453
7,581
4,240

3Q10
102,084
10,293
6,825
15,184
17,799
7,917
7,131
1,367
4,177
5,912
4,810
549
7,847
3,953

4Q10
119,416
17,723
9,188
20,497
24,739
10,906
9,109
1,666
5,663
11,275
6,526
1,350
12,203
5,434

1Q11
112,450
13,726
7,050
16,492
18,263
8,750
7,100
1,542
4,472
8,849
4,821
1,081
8,945
4,385

69,916
9,011
5,404
12,355
14,353
4,732
5,415
1,049
2,761
5,133
2,861
264
6,577
-

69,306
9,110
5,334
12,271
13,974
4,677
5,449
1,020
3,279
4,799
2,884
216
6,294
-

6,000
106,438
11,373
7,067
18,124
18,868
7,969
7,237
1,341
4,489
6,917
3,613
252
9,998
3,191

9,031
87,012
9,038
5,569
13,093
14,639
6,520
5,714
1,157
3,541
4,771
2,810
237
6,479
4,413

6,412
85,072
9,490
5,596
13,121
14,548
6,519
5,879
1,161
3,534
5,259
2,832
378
6,420
3,923

8,319
87,634
8,898
5,790
13,255
15,489
6,679
5,858
1,131
3,619
4,795
3,356
438
6,332
3,675

(16,861)
97,803
15,810
7,563
17,809
20,419
9,081
7,709
1,425
4,778
8,882
4,733
1,023
10,628
4,802

6,974
97,743
12,520
6,072
14,550
15,447
7,163
6,186
1,234
3,841
7,264
3,780
745
7,975
3,991

2,837

3,058

6,000
4,781

9,031
3,349

6,412
4,517

8,319
4,719

(16,861)
7,756

6,974
4,520

196
194
319
511
325
398
16
141
198
397
2
140
-

233
145
617
446
502
325
22
103
151
389
0
126
-

506
248
353
924
733
501
45
225
344
599
2
282
19

204
169
455
587
384
544
124
135
145
332
2
207
60

369
206
508
757
490
642
27
187
273
740
13
235
70

351
203
479
646
381
687
54
161
332
961
49
325
90

692
437
788
1,107
594
805
66
367
1,077
1,128
119
421
155

316
262
491
613
433
450
161
194
658
514
64
183
182

8,746
878
744
1,255
2,082
807
518
141
360
870
382
139
570
-

9,395
1,176
785
1,315
2,110
884
502
171
395
846
345
111
756
-

12,314
1,358
1,059
1,833
3,049
1,096
655
169
453
1,044
462
155
963
17

8,690
893
832
1,178
1,902
689
515
141
309
827
406
137
730
131

11,077
1,254
875
1,565
2,694
839
646
145
417
889
518
62
925
248

9,731
1,044
832
1,450
1,663
858
587
182
398
785
493
62
1,189
189

13,857
1,221
1,187
1,900
3,212
1,231
595
174
518
1,316
665
207
1,154
477

10,188
890
716
1,451
2,203
1,154
465
147
437
927
527
273
787
212

2Q09
2,155
761
5,897
5,903
1,071
1,244
2,346
1,714
1,196
185
635
-

3Q09
2,090
1,509
5,333
5,770
1,191
1,102
2,219
1,717
1,261
222
1,338
-

4Q09
2,615
2,015
5,923
6,718
1,770
1,486
1,340
2,816
2,191
1,844
285
1,639
127

1Q10
1,118
769
1,968
2,557
800
1,214
1,068
1,419
1,732
1,367
207
1,471
305

2Q10
1,118
801
1,984
2,588
605
1,211
914
1,370
1,754
1,352
238
1,481
89

3Q10
1,166
844
2,101
2,804
726
1,243
1,056
1,426
2,017
1,413
313
1,516
199

4Q10
1,613
1,040
2,672
3,430
1,020
1,369
1,042
1,700
2,716
1,594
444
2,024
516

1Q11
1,534
958
2,038
2,743
763
1,395
1,092
1,493
2,183
1,663
362
1,681
648

23,106
(10,299)
12,807

23,754
(9,893)
13,860

30,771
(13,020)
17,751

15,995
15,995

15,505
15,505

16,825
16,825

21,180
21,180

18,553
18,553

R$ 1,000
2Q11
208,609
119,475
349,298
300,487
187,682
106,631
44,717
186,595
159,125
73,497
31,624
132,018
67,017

3Q11
213,858
115,091
349,764
285,584
187,205
108,232
47,638
179,858
157,110
73,084
32,235
136,255
64,777

1,966,778

1,950,693

2Q11
115,208
14,753
7,217
17,431
18,705
8,361
7,436
1,415
4,791
8,743
4,774
1,145
9,237
4,417

3Q11
117,351
14,699
7,115
17,533
19,512
9,071
7,412
1,491
4,727
9,262
4,992
1,178
9,739
4,570

6,783
100,349
13,158
6,196
15,161
15,852
7,248
6,409
1,239
4,051
7,412
3,869
796
8,189
3,987

6,049
101,081
13,101
6,089
15,365
16,418
7,694
6,376
1,322
4,026
7,565
4,074
908
8,012
4,082

6,783
4,836

6,049
5,587

4Q11
295,096
161,072
492,799
388,812
264,535
143,459
56,144
246,707
218,658
93,038
44,117
183,857
88,903
80,041
2,757,235

1Q12
218,348
118,834
348,126
280,560
192,022
109,161
52,938
168,475
161,382
72,999
32,823
139,603
69,328
85,974
2,050,575

4Q11
142,049
19,801
9,740
23,551
25,822
14,583
9,885
1,953
6,301
13,114
6,619
1,605
14,330
6,774
6,972
(19,003)
120,961
18,138
8,229
20,550
21,975
12,999
8,466
1,612
5,426
10,658
5,505
1,335
12,462
6,334
6,278
(19,003)
7,914

1Q12
128,089
15,077
7,621
18,328
19,803
8,699
7,750
1,636
4,842
9,329
5,084
1,185
9,528
4,949
8,142
6,114
114,187
13,636
6,753
16,463
17,314
7,651
6,721
1,334
4,320
7,937
4,229
1,005
8,776
4,465
7,470
6,114
4,784

446
320
575
732
271
598
57
285
563
449
69
317
155

559
427
384
796
499
668
74
301
645
438
93
417
287

10,022
1,149
702
1,695
2,122
843
429
119
455
767
456
280
732
275

10,683
1,039
599
1,784
2,298
878
369
95
400
1,052
480
178
1,310
201

2Q11
1,555
1,017
2,168
2,864
831
1,348
1,022
1,704
2,210
1,554
359
1,649
766

3Q11
1,566
969
2,195
2,797
848
1,369
1,144
1,752
2,647
1,623
387
1,724
754

19,046
19,046

19,775
19,775

714
556
750
1,026
531
892
98
427
1,388
527
87
462
196
262
13,175
949
956
2,251
2,822
1,054
528
242
449
1,068
588
183
1,407
245
432

536
329
444
500
378
612
181
195
580
394
61
200
220
154
9,117
906
539
1,421
1,988
669
416
121
328
813
461
119
553
264
518

4Q11
1,884
1,166
2,473
3,716
1,130
1,617
972
1,942
3,029
1,747
487
2,297
809
1,418
24,687
24,687

1Q12
1,544
1,009
2,734
3,088
861
1,373
1,337
1,583
2,534
1,595
487
1,602
961
1,710
22,418
22,418

Indicators
Financial (MTE %)
Gross Revenue
Net Revenue
Headquarters
Rental Revenue
Rental Revenue/m²
Shopping Center EBITDA
Shopping Center EBITDA/m2
Adjusted Consolidated EBITDA
Adjusted Consolidated EBITDA/m²
Shopping Center EBITDA Margin
Adjusted Consolidated EBITDA Margin
NOI + Key Money
2
NOI + Key Money/m
NOI + Key Money Margin
NOI
2
NOI/m
NOI Margin
Adjusted FFO
Adjusted FFO/m²
Performance (100%)
Total GLA
Own GLA
Adjusted Total GLA (avg.)
Adjusted Own GLA (avg.)
Total Sales
Total Sales/m²
Same Stores Sales/m²
Same Stores Rent/m²
Occupancy Costs
Rent as Sales %
Others as Sales %
Turnover
Occupancy Rate
Delinquency
Rent Loss

1Q06
50,084
45,732
15,995
29,557
146 R$/m²

2Q06
69,562
64,093
17,316
47,994
237 R$/m²

3Q06
66,773
61,313
19,199
44,269
219 R$/m²

4Q06
90,068
81,833
15,014
71,259
345 R$/m²

21,620
107 R$/m²

38,866
192 R$/m²

30,289
150 R$/m²

53,029
257 R$/m²

47.3%
29,030
82 R$/m²
87.1%
26,961
133 R$/m²
86.3%
15,457
76 R$/m²
1Q06
368,220 m²
209,376 m²
354,013 m²
202,287 m²
727,675
2,056 R$/m²
N/A
N/A
15.8%
9.8%
6.0%
1.0%
95.2%
8.2%
0.0%

60.6%
44,551
126 R$/m²
82.9%
41,149
203 R$/m²
81.7%
25,236
125 R$/m²
2Q06
368,432 m²
209,484 m²
353,948 m²
202,241 m²
834,928
2,359 R$/m²
N/A
N/A
14.9%
8.6%
6.3%
0.8%
96.3%
6.9%
0.0%

49.4%
42,358
120 R$/m²
84.9%
39,006
193 R$/m²
83.8%
28,057
139 R$/m²
3Q06
368,269 m²
209,312 m²
353,959 m²
202,217 m²
845,313
2,388 R$/m²
N/A
N/A
15.7%
9.4%
6.2%
0.9%
96.2%
6.6%
10.4%

64.8%
67,298
188 R$/m²
85.1%
62,516
303 R$/m²
84.1%
50,629
245 R$/m²
4Q06
373,480 m²
214,525 m²
357,671 m²
206,532 m²
1,173,432
3,281 R$/m²
N/A
N/A
13.2%
8.4%
4.9%
0.5%
97.2%
5.6%
6.2%

1Q07
77,093
70,364
9,666
52,453
242 R$/m²

2Q07
86,254
78,764
15,620
54,368
248 R$/m²

3Q07
93,081
85,095
13,069
55,572
242 R$/m²

4Q07
112,364
102,170
17,551
77,001
327 R$/m²

1Q08
89,339
80,892
11,671
60,564
258 R$/m²

2Q08
113,984
104,107
27,539
68,772
276 R$/m²

3Q08
111,461
101,098
20,119
67,994
269 R$/m²

50,547
233 R$/m²

45,464
208 R$/m²

48,936
213 R$/m²

67,213
286 R$/m²

50,910
217 R$/m²

59,100
238 R$/m²

57,055
226 R$/m²

71.8%
50,640
135 R$/m²
83.0%
46,073
213 R$/m²
81.6%
43,704
202 R$/m²
1Q07
373,464 m²
238,883 m²
374,618 m²
216,662 m²
864,642
2,308 R$/m²
▲13.8%
▲9.4%
14.1%
9.2%
5.0%
0.8%
97.4%
6.6%
1.0%

57.7%
53,580
142 R$/m²
77.7%
48,721
222 R$/m²
76.0%
41,498
189 R$/m²
2Q07
393,615 m²
255,927 m²
377,217 m²
219,001 m²
971,737
2,576 R$/m²
▲12.2%
▲10.4%
15.9%
10.7%
5.2%
0.8%
97.6%
5.3%
0.5%

57.5%
51,803
137 R$/m²
72.4%
47,418
206 R$/m²
70.6%
46,350
202 R$/m²
3Q07
392,279 m²
252,147 m²
377,588 m²
229,738 m²
1,029,860
2,727 R$/m²
▲14.4%
▲10.6%
13.8%
9.2%
4.7%
1.9%
97.5%
4.5%
0.9%

65.8%
74,955
198 R$/m²
78.5%
69,865
297 R$/m²
77.3%
68,621
292 R$/m²
4Q07
392,279 m²
257,369 m²
377,884 m²
235,135 m²
1,377,449
3,645 R$/m²
▲11.4%
▲9.0%
13.4%
8.0%
5.4%
1.7%
97.0%
4.4%
0.4%

62.9%
56,919
151 R$/m²
72.9%
52,155
222 R$/m²
71.2%
57,685
245 R$/m²
1Q08
392,015 m²
257,063 m²
377,981 m²
235,126 m²
1,045,442
2,766 R$/m²
▲14.0%
▲7.7%
13.6%
8.4%
5.2%
1.1%
97.9%
3.2%
1.0%

56.8%
73,697
187 R$/m²
79.9%
64,979
261 R$/m²
77.8%
58,239
234 R$/m²
2Q08
416,416 m²
266,314 m²
393,900 m²
248,827 m²
1,169,981
2,970 R$/m²
▲11.4%
▲9.0%
13.2%
7.8%
5.4%
1.6%
98.2%
3.9%
1.7%

56.4%
71,629
178 R$/m²
79.1%
68,023
270 R$/m²
78.2%
54,514
216 R$/m²
3Q08
416,928 m²
266,759 m²
402,522 m²
252,350 m²
1,203,680
2,990 R$/m²
▲9.9%
▲11.6%
12.2%
7.4%
4.8%
2.2%
98.1%
3.7%
0.5%

4Q08
138,129
125,134
19,791
97,923
334 R$/m²

80,163
273 R$/m²
64.1%
102,123
229 R$/m²
83.0%
97,968
334 R$/m²
82.4%
66,768
228 R$/m²
4Q08
484,373 m²
330,308 m²
446,010 m²
293,359 m²
1,650,592
3,701 R$/m²
▲7.9%
▲13.9%
12.3%
8.1%
4.2%
1.7%
98.3%
3.7%
0.6%

1Q09
110,913
100,941
18,885
79,389
251 R$/m²
66,089
209 R$/m²
60,005
190 R$/m²
65.7%
59.4%
78,946
168 R$/m²
83.0%
73,778
233 R$/m²
82.0%
53,109
168 R$/m²
1Q09
484,894 m²
330,786 m²
470,488 m²
316,378 m²
1,261,212
2,681 R$/m²
▲5.1%
▲13.2%
14.6%
8.8%
5.8%
1.4%
98.3%
5.8%
0.4%

2Q09
119,417
107,069
24,657
81,499
258 R$/m²
66,617
211 R$/m²
63,442
200 R$/m²
62.7%
59.3%
87,339
186 R$/m²
87.0%
81,305
257 R$/m²
86.2%
55,316
175 R$/m²
2Q09
484,873 m²
330,833 m²
470,525 m²
316,458 m²
1,407,614
2,992 R$/m²
▲9.8%
▲14.0%
13.6%
8.1%
5.5%
1.0%
98.7%
4.5%
0.4%

3Q09
129,793
116,627
18,695
81,759
256 R$/m²
92,312
289 R$/m²
86,074
270 R$/m²
81.3%
73.8%
86,714
181 R$/m²
83.6%
78,606
246 R$/m²
82.2%
72,533
227 R$/m²
3Q09
497,248 m²
334,298 m²
480,369 m²
319,086 m²
1,415,845
2,947 R$/m²
▲5.6%
▲8.1%
13.5%
8.0%
5.5%
2.7%
98.4%
4.5%
1.4%

4Q09
174,245
158,097
25,945
117,533
356 R$/m²
97,862
296 R$/m²
94,433
286 R$/m²
64.5%
59.7%
133,353
262 R$/m²
89.5%
125,673
380 R$/m²
88.9%
91,609
277 R$/m²
4Q09
533,741 m²
347,985 m²
509,005 m²
330,490 m²
2,023,848
3,976 R$/m²
▲10.6%
▲6.5%
12.0%
7.8%
4.2%
1.4%
99.1%
0.6%
1.5%

1Q10
149,964
136,380
20,068
90,020
271 R$/m²
86,405
260 R$/m²
85,292
257 R$/m²
67.4%
62.5%
110,907
215 R$/m²
87.9%
99,728
300 R$/m²
86.7%
90,253
271 R$/m²
1Q10
532,773 m²
347,640 m²
515,818 m²
332,443 m²
1,585,594
3,074 R$/m²
▲14.9%
▲3.9%
13.5%
7.7%
5.8%
1.1%
97.9%
3.2%
0.6%

2Q10
157,373
143,096
25,324
94,254
283 R$/m²
78,579
236 R$/m²
80,922
243 R$/m²
59.5%
56.6%
106,257
206 R$/m²
86.7%
99,907
300 R$/m²
86.0%
87,833
264 R$/m²
2Q10
532,902 m²
347,757 m²
515,953 m²
332,574 m²
1,714,591
3,323 R$/m²
▲11.9%
▲4.4%
12.9%
7.3%
5.6%
1.3%
98.1%
4.0%
0.8%

R$ 1,000
3Q10
159,950
146,512
24,744
93,765
276 R$/m²
66,884
197 R$/m²
73,012
215 R$/m²
49.9%
49.8%
112,303
215 R$/m²
88.2%
103,919
306 R$/m²
87.4%
84,111
248 R$/m²
3Q10
544,703 m²
359,921 m²
522,663 m²
339,308 m²
1,744,895
3,338 R$/m²
▲13.7%
▲6.6%
12.7%
7.3%
5.4%
1.2%
98.4%
3.2%
1.1%

4Q10
195,337
178,388
22,962
138,075
387 R$/m²
102,443
287 R$/m²
110,970
311 R$/m²
66.4%
62.2%
130,611
244 R$/m²
87.1%
121,283
340 R$/m²
86.3%
105,956
297 R$/m²
4Q10
551,830 m²
371,640 m²
536,245 m²
356,885 m²
2,430,844
4,533 R$/m²
▲12.6%
▲12.0%
11.9%
7.6%
4.3%
0.7%
98.6%
2.1%
1.6%

1Q11
173,153
157,813
21,626
105,476
295 R$/m²
105,044
294 R$/m²
102,842
288 R$/m²
72.2%
65.2%
124,732
232 R$/m²
89.0%
115,570
324 R$/m²
88.2%
103,056
289 R$/m²
1Q11
551,368 m²
371,548 m²
537,081 m²
357,155 m²
1,786,364
3,326 R$/m²
▲6.6%
▲10.3%
13.7%
8.0%
5.7%
0.8%
98.4%
1.7%
0.4%

2Q11
174,505
158,682
20,071
108,425
304 R$/m²
109,333
306 R$/m²
107,148
300 R$/m²
72.4%
67.5%
127,056
237 R$/m²
88.1%
117,011
328 R$/m²
87.2%
80,811
226 R$/m²
2Q11
551,592 m²
371,600 m²
537,082 m²
357,176 m²
1,966,778
3,662 R$/m²
▲9.4%
▲14.1%
12.8%
7.5%
5.3%
1.7%
98.1%
1.9%
1.0%

3Q11
181,818
165,658
20,955
111,301
311 R$/m²
116,187
0 R$/m²
111,560
312 R$/m²
74.4%
67.3%
131,550
245 R$/m²
89.5%
121,748
341 R$/m²
88.8%
99,731
279 R$/m²
3Q11
551,759 m²
371,730 m²
537,359 m²
357,330 m²
1,950,693
3,630 R$/m²
▲7.5%
▲16.0%
13.1%
7.8%
5.3%
0.6%
98.1%
0.9%
2.4%

4Q11
212,748
194,099
25,717
161,053
406 R$/m²
138,196
0 R$/m²
133,730
337 R$/m²
77.3%
68.9%
166,640
289 R$/m²
94.2%
156,517
394 R$/m²
93.9%
131,830
332 R$/m²
4Q11
592,048 m²
411,423 m²
577,192 m²
396,763 m²
2,757,235
4,777 R$/m²
▲8.3%
▲10.0%
12.4%
7.8%
4.6%
0.9%
98.0%
1.5%
1.1%

1Q12
346,026
323,349
25,561
121,975
301 R$/m²
120,629
0 R$/m²
190,718
470 R$/m²
71.7%
59.0%
141,054
244 R$/m²
88.5%
132,147
326 R$/m²
87.8%
160,283
395 R$/m²
1Q12
592,251 m²
420,054 m²
577,836 m²
405,626 m²
2,050,575
3,549 R$/m²
▲8.2%
▲11.9%
14.0%
8.2%
5.8%
0.9%
97.2%
2.1%
0.3%

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