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Aracruz Celulose S.A. (ARA)
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ARA » Topics » "Interest on Financing"

This excerpt taken from the ARA 6-K filed Jul 9, 2007.
"Interest on Financing" results in the second quarter were $0.8 million higher than those of the 1Q07, mainly due to a higher average debt balance and the impact of the Brazilian currency appreciation on interest expenses denominated in reais. There was an increase of $0.4 million compared to the 2Q06, due to a higher average debt balance, partially offset by the lower interest rates.

The

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