BAK » Topics » Assumptions

This excerpt taken from the BAK 6-K filed Apr 15, 2009.


• Domestic market: prices calculated based on the CMAI projected data by product in the international market, adjusted by the historical performance of the domestic market, taking into accounting factors such as freight, insurance, service margin among others

• External market: prices calculated based on CMAI projected data, adjusted by historical relationship between Triunfo prices in the external market and the effective prices in the international market

(1) Weighted average price between the internal and external markets

1    29    Strictly Private and Confidential 

Triunfo Valuation    Free translation of the original 
Net Revenue, COGS and EBITDA    Valuation Report in Portuguese 

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