PBR » Topics » a) Future minimum payments of non-cancellable, contractual commitments without transfer of benefits, risks and control of assets:

This excerpt taken from the PBR 6-K filed Mar 31, 2009.

a) Future minimum payments of non-cancellable, contractual commitments without transfer of benefits, risks and control of assets:

    12.31.2008 
   
    Consolidated    Parent 
company 
     
2009    650.079    5.641.377 
2010 - 2013    846.758    4.024.698 
2014 onwards    42.309    17.862.017 
     
Estimated future payments of commitments    1.539.146    27.528.092 
     
 
Less amount representing annual interests    149.103    9.687.875 
 
     
 
Present value of the minimum payments    1.390.043    17.840.217 
Less current portion of the obligations    585.045    5.138.506 
     
Long term portions of the obligations    804.998    12.701.711 
     

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