PBR » Topics » (e) Minimum operating lease payments

This excerpt taken from the PBR 6-K filed Mar 30, 2009.

(e) Minimum operating lease payments

The Company is committed to make the following minimum payments related to operating leases as of December 31, 2008:

2010    4,271 
2011    3,705 
2012    3,460 
2013    2,794 
2014    1,654 
2015 and thereafter    3,012 
     
Minimum operating lease payment commitments    18,896 
     

The Company incurred US$2,983, US$2,683 and US$2,016, in rental expense on operating leases at December 31, 2008, 2007 and 2006, respectively.

This excerpt taken from the PBR 6-K filed Mar 18, 2008.

(e) Minimum operating lease payments

The Company is committed to make the following minimum payments related to operating leases as of December 31, 2007:

2009    3,694 
2010    2,895 
2011    2,055 
2012    1,026 
2013    470 
2014 and thereafter    652 
   
 
Minimum operating lease payment commitments    10,792 
   

The Company incurred US$2,683, US$2,016 and US$1,417, in rental expense on operating leases at December 31, 2007, 2006 and 2005, respectively.

This excerpt taken from the PBR 6-K filed Apr 10, 2007.

(e) Minimum operating lease payments

The Company is committed to make the following minimum payments related to operating leases as of December 31, 2006:

2008    2,273 
2009    1,527 
2010    762 
2011    402 
2012    317 
2013 and thereafter    390 
   
 
Minimum operating lease payment commitments    5,671 
   

The Company incurred US$2,016, US$1,417 and US$1,247, in rental expense on operating leases at December 31, 2006, 2005 and 2004, respectively.

This excerpt taken from the PBR 6-K filed Mar 21, 2006.

(e) Minimum operating lease payments

The Company is committed to make the following minimum payments related to operating leases as of December 31, 2005:

2007    1,516 
2008    1,172 
2009    797 
2010    365 
2011    159 
2012 and thereafter    196 
   
     
Minimum operating lease payment commitments    4,205 
   

The Company incurred US$ 1,417, US$ 1,247, and US$ 1,205 in rental expense on operating leases at December 31, 2005, 2004 and 2003, respectively.

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21. Commitments and contingencies (Continued)

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