Economic 2010 2011 2012
(*) Includes values net effect of just value of biological assets
(**) Not considering the plant in Pilar, in Argentina
Sales volume (thousand t)
Total volume 1.716 1.739 1.727
Domestic market 1.161 1.151 1.183
Export market 555 587 544
Results (R$ million)
Gross revenue 4.431 4.686 4.997
Net revenue 3.663 3.889 4.164
Domestic market 2.850 3.017 3.169
Export market 813 872 995
Gross profit 1.371 1.332 2.226
Operational result (EBIT) 821 797 1.619
EBITDA (*) 962 1.077 1.352
Net profit 560 183 752
Margins
Gross margin 37% 34% 53%
EBITDA margin 26% 28% 32%
Net margin 15% 5% 18%
Financials (R$ million)
Total assets 12.261 12.742 14.098
Shareholder equity 4.994 4.958 5.421
Return on shareholder equity (%) 11% 4% 14%
Total capitalization 7.122 7.693 8.699
Net debt 2.128 2.735 3.278
Net debt /EBITDA – annualized (times) 2,2 2,5 2,4
Net debt/ Total capitalization (%) 30% 36% 38%
Investments 386 883 654
Social 2010 2011 2012
Number of employees 8.481 8.450 (**) 9.064
Number of contract workers 6.122 5.349 (**) 4.893
External social investment (R$ million) 5,4 9,9 14,1
Environmental 2010 2011 2012
Specific consumption of water (m3/t) – average (paper business) 40 40 41
Environmental investment (R$ million) 39 51 66
Total emissions of CO2 (thous t) 613.144 539.574 438.348
Total emissions of CO2eq (thous t) 654.708 589.359 475.365
Total quantity of wastes generated (thous t) 1.053 1.118 978
Rate of recycled, reused and reutilized waste (%) 91 88 92