Form
6-K
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Report
Of Foreign Private Issuer
Pursuant
To Rule 13a-16 Or 15d-16 Of
The
Securities Exchange Act Of 1934
For the
month of May, 2009
Commission
File Number: 001-14950
ULTRAPAR
HOLDINGS INC.
(Translation
of Registrant’s Name into English)
Avenida Brigadeiro Luis Antonio,
1343, 9º Andar
São
Paulo, SP, Brazil 01317-910
(Address
of Principal Executive Offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F:
|
Form
20-F
|
X
|
Form
40-F
|
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1):
|
Yes
|
No
|
X
|
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(7):
|
Yes
|
No
|
X
|
Indicate
by check mark whether by furnishing the information contained in this Form, the
Registrant is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
|
Yes
|
No
|
X
|
If “Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): N/A
ULTRAPAR
HOLDINGS INC.
TABLE
OF CONTENTS
|
ITEM
|
|
|
1.
|
Market
announcement dated May 13th, 2009 regarding
the Company’s financial
statements related to the quarters ending March 31st, June 30th, September 30th and December 31st,
2008
|
Item
1
|
ULTRAPAR
PARTICIPAÇÕES S.A.
Publicly
Traded Company
CNPJ
Nº 33.256.439/0001-39
|
MARKET
ANNOUNCEMENT
São Paulo, May 13th, 2009 – ULTRAPAR
PARTICIPAÇÕES S.A. (“Company”) hereby informs that it released today, in its
website (www.ultra.com.br),
the Company’s financial statements related to the quarters ending March 31st, June
30th,
September 30th and
December 31st, 2008
(Attachment I), according to the changes introduced by Law 11,638/07,
Provisional Measure 449/08, as well as the CVM standards, instructions and
guidelines that regulate them.
Such information is
different from the figures previously reported in the respective quarterly
results release, and is provided in order to allow comparability of the
quarterly financial statements from January 1st, 2009
on. For a better understanding of the effects of the new legislation, it was
also presented a statement with the impacts derived from the changes introduced
by Law 11,638/07 and Provisional Measure 449/08 in the main accounts of the
financial statements in each quarter of 2008 compared to the figures previously
reported (Attachment II).
|
André Covre
Chief
Financial and Investor Relations Officer
Ultrapar Participações
S.A.
|
Attachment
I (page 1 to 6)
|
ULTRAPAR PARTICIPAÇÕES S/A
|
||||||||||
|
CONSOLIDATED BALANCE
SHEET
|
||||||||||
|
in thousands of
R$
|
||||||||||
|
Law 6,404
|
Law 11,638
|
|||||||||||||||||||||||||||||||
|
2008
|
2008
|
|||||||||||||||||||||||||||||||
|
ASSETS
|
1.Quarter
|
2.Quarter
|
3.Quarter
|
4.Quarter
|
1.Quarter
|
2.Quarter
|
3.Quarter
|
4.Quarter
|
||||||||||||||||||||||||
|
Cash and cash
equivalents
|
2,364,732 | 2,723,711 | 2,539,829 | 2,124,603 | 2,365,449 | 2,726,731 | 2,540,152 | 2,126,427 | ||||||||||||||||||||||||
|
Trade
accounts receivable
|
1,190,152 | 1,458,365 | 1,547,656 | 1,429,311 | 1,190,152 | 1,458,365 | 1,547,656 | 1,429,311 | ||||||||||||||||||||||||
|
Inventories
|
714,127 | 664,560 | 855,952 | 1,033,756 | 714,127 | 664,560 | 855,952 | 1,033,756 | ||||||||||||||||||||||||
|
Other
|
1,068,681 | 314,474 | 415,055 | 548,501 | 1,065,710 | 312,943 | 414,494 | 546,316 | ||||||||||||||||||||||||
|
CURRENT
ASSETS
|
5,337,692 | 5,161,110 | 5,358,492 | 5,136,171 | 5,335,438 | 5,162,599 | 5,358,254 | 5,135,810 | ||||||||||||||||||||||||
|
Investments
|
47,029 | 47,100 | 20,736 | 39,505 | 47,823 | 48,331 | 22,291 | 33,981 | ||||||||||||||||||||||||
|
Property,
plant and equipment
|
2,422,616 | 2,566,202 | 2,757,771 | 3,173,174 | 2,982,423 | 3,112,507 | 3,295,564 | 3,726,090 | ||||||||||||||||||||||||
|
Deferred
charges
|
576,447 | 569,191 | 557,901 | 513,575 | 61,601 | 68,768 | 66,586 | 15,604 | ||||||||||||||||||||||||
|
Long term
investments
|
120,210 | 120,605 | 30,164 | 7,193 | 120,210 | 120,605 | 30,164 | 7,193 | ||||||||||||||||||||||||
|
Other long
term assets
|
488,360 | 534,364 | 539,636 | 773,782 | 465,817 | 511,008 | 514,786 | 748,490 | ||||||||||||||||||||||||
|
LONG
TERM ASSETS
|
3,654,662 | 3,837,462 | 3,906,208 | 4,507,230 | 3,677,874 | 3,861,219 | 3,929,391 | 4,531,358 | ||||||||||||||||||||||||
|
TOTAL
ASSETS
|
8,992,354 | 8,998,572 | 9,264,700 | 9,643,401 | 9,013,312 | 9,023,818 | 9,287,645 | 9,667,168 | ||||||||||||||||||||||||
|
Law 6,404
|
Law
11,638
|
|||||||||||||||||||||||||||||||
|
2008
|
||||||||||||||||||||||||||||||||
|
LIABILITIES
|
1.Quarter
|
2.Quarter
|
3.Quarter
|
4.Quarter
|
1.Quarter
|
2.Quarter
|
3.Quarter
|
4.Quarter
|
||||||||||||||||||||||||
|
Loans and
financing
|
1,866,545 | 1,730,964 | 1,636,481 | 1,647,591 | 1,874,068 | 1,739,450 | 1,645,963 | 1,658,115 | ||||||||||||||||||||||||
|
Debentures
|
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
|
Suppliers
|
428,975 | 478,993 | 586,344 | 613,404 | 429,217 | 479,154 | 586,452 | 614,201 | ||||||||||||||||||||||||
|
Payroll and
related charges
|
105,625 | 125,578 | 144,848 | 163,642 | 106,455 | 126,682 | 146,342 | 164,620 | ||||||||||||||||||||||||
|
Taxes
|
140,767 | 86,849 | 111,581 | 120,971 | 140,805 | 86,886 | 111,624 | 121,096 | ||||||||||||||||||||||||
|
Other
accounts payable
|
124,028 | 100,130 | 107,848 | 189,685 | 124,028 | 100,130 | 107,851 | 189,688 | ||||||||||||||||||||||||
|
CURRENT
LIABILITIES
|
2,665,940 | 2,522,514 | 2,587,102 | 2,735,292 | 2,674,573 | 2,532,302 | 2,598,232 | 2,747,720 | ||||||||||||||||||||||||
|
Loans
|
1,406,221 | 1,518,509 | 1,731,334 | 2,008,498 | 1,417,950 | 1,529,044 | 1,739,885 | 2,013,807 | ||||||||||||||||||||||||
|
Debentures
|
- | - | - | - | - | - | - | - | ||||||||||||||||||||||||
|
Deferred
income tax
|
1,826 | 1,730 | 1,853 | 16,204 | 2,559 | 2,771 | 3,043 | 18,233 | ||||||||||||||||||||||||
|
Other
accounts payable
|
229,028 | 228,914 | 218,022 | 199,145 | 229,028 | 228,914 | 218,022 | 199,145 | ||||||||||||||||||||||||
|
LONG
TERM LIABILITIES
|
1,637,075 | 1,749,153 | 1,951,209 | 2,223,846 | 1,649,537 | 1,760,729 | 1,960,950 | 2,231,185 | ||||||||||||||||||||||||
|
MINORITY
INTEREST
|
35,334 | 36,509 | 37,987 | 38,191 | 35,330 | 36,505 | 37,983 | 38,187 | ||||||||||||||||||||||||
|
Capital
|
3,696,773 | 3,696,773 | 3,696,773 | 3,696,773 | 3,696,773 | 3,696,773 | 3,696,773 | 3,696,773 | ||||||||||||||||||||||||
|
Capital
Reserve
|
959 | 1,058 | 1,156 | 855 | 959 | 1,058 | 1,156 | 855 | ||||||||||||||||||||||||
|
Revaluation
reserve
|
11,307 | 10,973 | 10,613 | 10,280 | 11,307 | 10,973 | 10,613 | 10,280 | ||||||||||||||||||||||||
|
Profit
reserves
|
854,600 | 786,961 | 787,188 | 938,164 | 854,600 | 786,961 | 787,188 | 940,107 | ||||||||||||||||||||||||
|
Retained
earnings
|
90,366 | 194,631 | 192,672 | - | 89,785 | 200,488 | 203,621 | - | ||||||||||||||||||||||||
|
Valuation
adjustment
|
0 | 0 | 0 | - | (603 | ) | 802 | (13,060 | ) | (6,248 | ) | |||||||||||||||||||||
|
Currency
translation of foreign subsidiaries
|
0 | 0 | 0 | - | 1,052 | (2,773 | ) | 4,189 | 8,309 | |||||||||||||||||||||||
|
STOCKHOLDERS'
EQUITY
|
4,654,005 | 4,690,396 | 4,688,402 | 4,646,072 | 4,653,873 | 4,694,282 | 4,690,480 | 4,650,076 | ||||||||||||||||||||||||
|
TOTAL
LIAB. AND STOCK. EQUITY
|
8,992,354 | 8,998,572 | 9,264,700 | 9,643,401 | 9,013,312 | 9,023,818 | 9,287,645 | 9,667,168 | ||||||||||||||||||||||||
Attachment
I (page 2 to 6)
|
CONSOLIDATED ULTRAPAR
PARTICIPAÇÕES
S/A
|
||||||||||||||
|
INCOME
STATEMENT
|
||||||||||||||
|
CORPORATE LAW - in
thousand dollars
|
||||||||||||||
| 1.736527065 | 1.656106905 | 1.66776517 | 2.277851937 | 1.736527065 | 1.656106905 | 1.66776517 | 2.277851937 | 1.834562769 | 1.834562769 | |||||||||||||||||||||||||||||||
|
Law 6,404
|
Law 11,638
|
Law 6,404
|
Law 11,638
|
|||||||||||||||||||||||||||||||||||||
|
2008
|
2008
|
|||||||||||||||||||||||||||||||||||||||
|
1.Quarter
|
2.Quarter
|
3.Quarter
|
4.Quarter
|
1.Quarter
|
2.Quarter
|
3.Quarter
|
4.Quarter
|
2008
|
2008
|
|||||||||||||||||||||||||||||||
|
NET
SALES
|
3,413,372 | 4,222,174 | 4,640,086 | 3,340,702 | 3,413,372 | 4,222,174 | 4,640,086 | 3,340,702 | 15,408,567 | 15,408,567 | ||||||||||||||||||||||||||||||
|
COST OF GOODS
SOLD
|
(3,144,928 | ) | (3,927,699 | ) | (4,319,862 | ) | (3,065,111 | ) | (3,144,928 | ) | (3,927,699 | ) | (4,319,862 | ) | (3,065,111 | ) | (14,255,346 | ) | (14,255,346 | ) | ||||||||||||||||||||
|
GROSS
PROFIT
|
268,443 | 294,476 | 320,224 | 275,591 | 268,443 | 294,476 | 320,224 | 275,591 | 1,153,221 | 1,153,221 | ||||||||||||||||||||||||||||||
|
OPERATING
EXPENSES
|
(192,784 | ) | (201,991 | ) | (215,848 | ) | (176,388 | ) | (192,156 | ) | (201,203 | ) | (214,626 | ) | (175,392 | ) | (780,058 | ) | (776,404 | ) | ||||||||||||||||||||
|
Selling
|
(77,779 | ) | (82,311 | ) | (93,237 | ) | (69,050 | ) | (77,779 | ) | (82,311 | ) | (93,237 | ) | (69,050 | ) | (318,421 | ) | (318,421 | ) | ||||||||||||||||||||
|
Administrative
Expenses
|
(76,519 | ) | (79,035 | ) | (82,131 | ) | (73,644 | ) | (74,706 | ) | (76,944 | ) | (79,556 | ) | (71,610 | ) | (309,879 | ) | (301,409 | ) | ||||||||||||||||||||
|
Depreciation
|
(38,486 | ) | (40,645 | ) | (40,481 | ) | (33,695 | ) | (39,670 | ) | (41,949 | ) | (41,835 | ) | (34,732 | ) | (151,758 | ) | (156,574 | ) | ||||||||||||||||||||
|
OTHER OPERATING
EXPENSES
|
3,990 | 6,045 | 2,403 | 513 | 3,990 | 6,045 | 2,403 | 513 | 12,055 | 12,055 | ||||||||||||||||||||||||||||||
|
OPERATING
INCOME
|
79,649 | 98,529 | 106,779 | 99,715 | 80,277 | 99,317 | 108,001 | 100,712 | 385,217 | 388,872 | ||||||||||||||||||||||||||||||
|
FINANCIAL
RESULTS
|
(21,449 | ) | (9,941 | ) | (14,705 | ) | (38,644 | ) | (21,418 | ) | (7,019 | ) | (12,663 | ) | (43,417 | ) | (90,626 | ) | (92,029 | ) | ||||||||||||||||||||
|
INCOME BEFORE TAXES AND PROFIT
SHARING
|
61,876 | 89,146 | 99,446 | 57,402 | 62,526 | 92,852 | 102,710 | 53,626 | 300,721 | 302,960 | ||||||||||||||||||||||||||||||
|
NET INCOME
|
51,873 | 62,745 | 69,974 | 33,945 | 52,101 | 66,264 | 73,148 | 29,879 | 211,503 | 212,732 | ||||||||||||||||||||||||||||||
|
EBITDA
|
128,260 | 149,533 | 157,469 | 145,269 | 130,073 | 151,625 | 160,045 | 147,302 | 579,917 | 588,388 | ||||||||||||||||||||||||||||||
¹ Results before equity in earnings
(losses) of affiliates
Attachment
I (page 3 to 6)
|
ULTRAGAZ
|
||||||||||||||
|
INCOME
STATEMENT
|
||||||||||||||
|
in thousand of
US$
|
||||||||||||||
|
1.736527065
|
1.656106905
|
1.66776517
|
2.277851937
|
1.736527065
|
1.656106905
|
1.66776517
|
2.277851937
|
1.834562769
|
1.834562769
|
|||||
|
Law 6,404
|
Law 11,638
|
Law 6,404
|
Law 11,638
|
|||||||||||||||||||||||||||||||||||||
|
2008
|
2008
|
|||||||||||||||||||||||||||||||||||||||
|
1.Quarter
|
2.Quarter
|
3.Quarter
|
4.Quarter
|
1.Quarter
|
2.Quarter
|
3.Quarter
|
4.Quarter
|
2008
|
2008
|
|||||||||||||||||||||||||||||||
|
NET
SALES¹
|
429,471 | 515,443 | 549,957 | 361,195 | 429,471 | 515,443 | 549,957 | 361,195 | 1,820,251 | 1,820,251 | ||||||||||||||||||||||||||||||
|
Residential
|
269,936 | 315,925 | 330,105 | 226,442 | 269,936 | 315,925 | 330,105 | 226,442 | 1,121,953 | 1,121,953 | ||||||||||||||||||||||||||||||
|
Non-Residential
|
158,515 | 197,980 | 217,826 | 133,319 | 158,515 | 197,980 | 217,826 | 133,319 | 692,321 | 692,321 | ||||||||||||||||||||||||||||||
|
Utingás
|
1,020 | 1,538 | 2,026 | 1,435 | 1,020 | 1,538 | 2,026 | 1,435 | 5,977 | 5,977 | ||||||||||||||||||||||||||||||
|
COST OF GOODS
SOLD
|
(373,652 | ) | (446,158 | ) | (475,985 | ) | (314,696 | ) | (373,652 | ) | (446,158 | ) | (475,985 | ) | (314,696 | ) | (1,579,889 | ) | (1,579,889 | ) | ||||||||||||||||||||
|
GROSS
PROFIT
|
55,819 | 69,285 | 73,972 | 46,499 | 55,819 | 69,285 | 73,972 | 46,499 | 240,362 | 240,362 | ||||||||||||||||||||||||||||||
|
OPERATING
EXPENSES
|
(49,454 | ) | (54,370 | ) | (52,565 | ) | (37,208 | ) | (49,454 | ) | (54,370 | ) | (52,565 | ) | (37,208 | ) | (189,877 | ) | (189,877 | ) | ||||||||||||||||||||
|
Selling
|
(15,419 | ) | (18,768 | ) | (18,220 | ) | (13,329 | ) | (15,419 | ) | (18,768 | ) | (18,220 | ) | (13,329 | ) | (64,650 | ) | (64,650 | ) | ||||||||||||||||||||
|
Administrative
Expenses
|
(16,343 | ) | (16,818 | ) | (15,657 | ) | (10,771 | ) | (16,343 | ) | (16,818 | ) | (15,657 | ) | (10,771 | ) | (58,259 | ) | (58,259 | ) | ||||||||||||||||||||
|
Depreciation
|
(17,692 | ) | (18,784 | ) | (18,688 | ) | (13,108 | ) | (17,691 | ) | (18,784 | ) | (18,688 | ) | (13,108 | ) | (66,968 | ) | (66,968 | ) | ||||||||||||||||||||
|
OTHER OPERATING
EXPENSES
|
(624 | ) | (1,089 | ) | (465 | ) | (477 | ) | (624 | ) | (1,089 | ) | (465 | ) | (477 | ) | (2,588 | ) | (2,588 | ) | ||||||||||||||||||||
|
OPERATING
INCOME
|
5,741 | 13,826 | 20,942 | 8,814 | 5,741 | 13,826 | 20,942 | 8,814 | 47,898 | 47,898 | ||||||||||||||||||||||||||||||
|
EBITDA
|
23,433 | 32,610 | 39,631 | 21,922 | 23,433 | 32,610 | 39,631 | 21,922 | 114,866 | 114,866 | ||||||||||||||||||||||||||||||
Attachment
I (page 4 to 6)
|
IPIRANGA
|
||||||||||||||
|
INCOME
STATEMENT
|
||||||||||||||
|
in thousand
dollars
|
||||||||||||||
|
1.736527065
|
1.656106905
|
1.66776517
|
2.277851937
|
0
|
1.736527065
|
1.656106905
|
1.66776517
|
2.277851937
|
1.834562769
|
1.834562769
|
||||
|
Law 6,404
|
Law 11,638
|
Law 6,404
|
Law 11,638
|
|||||||||||||||||||||||||||||||||||||
|
2008
|
2008
|
|||||||||||||||||||||||||||||||||||||||
|
1.Quarter
|
2.Quarter
|
3.Quarter
|
4.Quarter
|
1.Quarter
|
2.Quarter
|
3.Quarter
|
4.Quarter
|
2008
|
2008
|
|||||||||||||||||||||||||||||||
|
NET
SALES
|
2,707,872 | 3,383,760 | 3,739,130 | 2,692,984 | 2,707,872 | 3,383,760 | 3,739,130 | 2,692,984 | 12,360,640 | 12,360,640 | ||||||||||||||||||||||||||||||
|
NET
SALES OF THE FUELS DISTRIBUTION BUSINESS
|
2,696,977 | 3,382,934 | 3,725,232 | 2,679,335 | 2,696,977 | 3,382,934 | 3,725,232 | 2,679,335 | 12,320,001 | 12,320,001 | ||||||||||||||||||||||||||||||
|
GASOLINE
|
897,621 | 958,590 | 998,989 | 774,750 | 897,621 | 958,590 | 998,989 | 774,750 | 3,585,113 | 3,585,113 | ||||||||||||||||||||||||||||||
|
ETHANOL
|
146,639 | 166,547 | 189,728 | 165,620 | 146,639 | 166,547 | 189,728 | 165,620 | 667,267 | 667,267 | ||||||||||||||||||||||||||||||
|
NGV
|
37,458 | 40,886 | 44,778 | 32,522 | 37,458 | 40,886 | 44,778 | 32,522 | 153,453 | 153,453 | ||||||||||||||||||||||||||||||
|
DIESEL
|
1,509,918 | 1,980,153 | 2,117,850 | 1,445,923 | 1,509,918 | 1,980,153 | 2,117,850 | 1,445,923 | 6,937,367 | 6,937,367 | ||||||||||||||||||||||||||||||
|
FUEL OILS +
KEROSENE
|
30,097 | 32,097 | 34,798 | 18,485 | 30,097 | 32,097 | 34,798 | 18,485 | 112,048 | 112,048 | ||||||||||||||||||||||||||||||
|
LUBRICANTS AND
GREASES
|
63,441 | 79,620 | 78,906 | 64,358 | 63,441 | 79,620 | 78,906 | 64,358 | 283,566 | 283,566 | ||||||||||||||||||||||||||||||
|
OTHERS
|
11,803 | 125,041 | 260,183 | 177,677 | 11,803 | 125,041 | 260,183 | 177,677 | 581,186 | 581,186 | ||||||||||||||||||||||||||||||
|
COST OF GOODS
SOLD
|
(2,552,259 | ) | (3,212,852 | ) | (3,561,176 | ) | (2,546,290 | ) | (2,552,259 | ) | (3,212,852 | ) | (3,561,176 | ) | (2,546,290 | ) | (11,715,146 | ) | (11,715,146 | ) | ||||||||||||||||||||
|
GROSS
PROFIT
|
155,613 | 170,907 | 177,953 | 146,694 | 155,613 | 170,907 | 177,953 | 146,694 | 645,494 | 645,494 | ||||||||||||||||||||||||||||||
|
GROSS
PROFIT OF THE FUELS DISTRIBUTION BUSINESS
|
146,401 | 161,390 | 167,835 | 131,518 | 146,401 | 161,390 | 167,835 | 131,518 | 600,142 | 600,142 | ||||||||||||||||||||||||||||||
|
OPERATING
EXPENSES
|
(95,726 | ) | (92,987 | ) | (107,011 | ) | (83,316 | ) | (95,131 | ) | (92,227 | ) | (105,821 | ) | (82,349 | ) | (375,281 | ) | (371,750 | ) | ||||||||||||||||||||
|
Selling
|
(49,523 | ) | (48,112 | ) | (58,874 | ) | (42,296 | ) | (49,523 | ) | (48,112 | ) | (58,874 | ) | (42,296 | ) | (196,346 | ) | (196,346 | ) | ||||||||||||||||||||
|
Administrative
Expenses
|
(34,139 | ) | (32,237 | ) | (35,488 | ) | (30,835 | ) | (33,004 | ) | (30,886 | ) | (33,701 | ) | (29,430 | ) | (131,964 | ) | (126,300 | ) | ||||||||||||||||||||
|
Depreciation
|
(12,063 | ) | (12,637 | ) | (12,649 | ) | (10,185 | ) | (12,604 | ) | (13,229 | ) | (13,246 | ) | (10,624 | ) | (46,972 | ) | (49,104 | ) | ||||||||||||||||||||
|
OTHER OPERATING
EXPENSES
|
1,523 | 1,485 | 2,451 | 1,896 | 1,523 | 1,485 | 2,451 | 1,896 | 7,364 | 7,364 | ||||||||||||||||||||||||||||||
|
OPERATING
INCOME
|
61,411 | 79,406 | 73,393 | 65,273 | 62,006 | 80,165 | 74,583 | 66,240 | 277,576 | 281,108 | ||||||||||||||||||||||||||||||
|
EBITDA
|
73,644 | 91,458 | 85,262 | 75,169 | 74,779 | 92,809 | 87,049 | 76,575 | 323,113 | 328,776 | ||||||||||||||||||||||||||||||
|
EBITDA
OF THE FUELS DISTRIBUTION BUSINESS
|
64,575 | 82,108 | 74,682 | 58,660 | 65,710 | 83,459 | 76,466 | 60,065 | 275,970 | 281,633 | ||||||||||||||||||||||||||||||
|
INCOME CORRESPONDING TO EMPLOYEES
STATUTORY INTEREST
|
704 | 1,606 | 1,849 | 1,092 | 704 | 1,606 | 1,849 | 1,092 | 5,152 | 5,152 | ||||||||||||||||||||||||||||||
Attachment I (page 5 to
6)
|
OXITENO
|
||||||||||||||
|
INCOME
STATEMENT
|
||||||||||||||
|
in thousand
dollars
|
||||||||||||||
|
1.736527065
|
1.656106905
|
1.66776517
|
2.277851937
|
1.736527065
|
1.656106905
|
1.66776517
|
2.277851937
|
1.834562769
|
1.834562769
|
|||||
|
Law 6,404
|
Law 11,638
|
Law 6,404
|
Law 11,638
|
|||||||||||||||||||||||||||||||||||||
|
2008
|
2008
|
|||||||||||||||||||||||||||||||||||||||
|
1.Quarter
|
2.Quarter
|
3.Quarter
|
4.Quarter
|
1.Quarter
|
2.Quarter
|
3.Quarter
|
4.Quarter
|
2008
|
2008
|
|||||||||||||||||||||||||||||||
|
NET
SALES
|
239,873 | 270,062 | 295,961 | 249,680 | 239,873 | 270,062 | 295,961 | 249,680 | 1,049,910 | 1,049,910 | ||||||||||||||||||||||||||||||
|
DOMESTIC
MARKET
|
173,893 | 186,888 | 211,240 | 175,959 | 173,893 | 186,888 | 211,240 | 175,959 | 743,820 | 743,820 | ||||||||||||||||||||||||||||||
|
.
Polyester
|
10,337 | 5,755 | 4,244 | 5,343 | 10,337 | 5,755 | 4,244 | 5,343 | 25,472 | 25,472 | ||||||||||||||||||||||||||||||
|
.
Specialty Chemicals
|
163,556 | 181,132 | 206,996 | 170,616 | 163,556 | 181,132 | 206,996 | 170,616 | 718,347 | 718,347 | ||||||||||||||||||||||||||||||
|
FOREIGN
MARKET
|
65,979 | 83,174 | 84,721 | 73,721 | 65,979 | 83,174 | 84,721 | 73,721 | 306,090 | 306,090 | ||||||||||||||||||||||||||||||
|
.
Glycols
|
9,881 | 9,334 | 19,219 | 12,027 | 9,881 | 9,334 | 19,219 | 12,027 | 50,184 | 50,184 | ||||||||||||||||||||||||||||||
|
.
Specialty Chemicals
|
56,099 | 73,840 | 65,502 | 61,694 | 56,099 | 73,840 | 65,502 | 61,694 | 255,906 | 255,906 | ||||||||||||||||||||||||||||||
|
COST OF GOODS
SOLD
|
(193,346 | ) | (226,848 | ) | (241,174 | ) | (181,379 | ) | (193,346 | ) | (226,848 | ) | (241,174 | ) | (181,379 | ) | (832,247 | ) | (832,247 | ) | ||||||||||||||||||||
|
- Variable
Cost
|
(169,348 | ) | (197,097 | ) | (211,984 | ) | (153,574 | ) | (169,348 | ) | (197,097 | ) | (211,984 | ) | (153,574 | ) | (721,616 | ) | (721,616 | ) | ||||||||||||||||||||
|
.
Ethylene
|
(71,144 | ) | (77,409 | ) | (88,719 | ) | (55,695 | ) | (71,144 | ) | (77,409 | ) | (88,719 | ) | (55,695 | ) | (287,027 | ) | (287,027 | ) | ||||||||||||||||||||
|
.
Others
|
(98,205 | ) | (119,688 | ) | (123,265 | ) | (97,879 | ) | (98,205 | ) | (119,688 | ) | (123,265 | ) | (97,879 | ) | (434,589 | ) | (434,589 | ) | ||||||||||||||||||||
|
- Fixed
Cost
|
(18,158 | ) | (23,613 | ) | (22,953 | ) | (20,334 | ) | (18,158 | ) | (23,613 | ) | (22,953 | ) | (20,334 | ) | (84,616 | ) | (84,616 | ) | ||||||||||||||||||||
|
-
Depreciation
|
(5,840 | ) | (6,138 | ) | (6,237 | ) | (7,472 | ) | (5,840 | ) | (6,138 | ) | (6,237 | ) | (7,472 | ) | (26,015 | ) | (26,015 | ) | ||||||||||||||||||||
|
GROSS
PROFIT
|
46,527 | 43,214 | 54,788 | 68,301 | 46,527 | 43,214 | 54,788 | 68,301 | 217,662 | 217,662 | ||||||||||||||||||||||||||||||
|
OPERATING
EXPENSES
|
(28,862 | ) | (34,407 | ) | (35,746 | ) | (34,785 | ) | (28,862 | ) | (34,407 | ) | (35,746 | ) | (34,785 | ) | (134,066 | ) | (134,066 | ) | ||||||||||||||||||||
|
Selling
|
(12,639 | ) | (15,184 | ) | (15,942 | ) | (12,933 | ) | (12,639 | ) | (15,184 | ) | (15,942 | ) | (12,933 | ) | (56,221 | ) | (56,221 | ) | ||||||||||||||||||||
|
Administrative
Expenses
|
(14,949 | ) | (17,917 | ) | (18,735 | ) | (21,004 | ) | (14,949 | ) | (17,917 | ) | (18,735 | ) | (21,004 | ) | (73,435 | ) | (73,435 | ) | ||||||||||||||||||||
|
Depreciation
|
(1,273 | ) | (1,305 | ) | (1,070 | ) | (848 | ) | (1,273 | ) | (1,305 | ) | (1,070 | ) | (848 | ) | (4,409 | ) | (4,409 | ) | ||||||||||||||||||||
|
OTHER OPERATING
EXPENSES
|
2,367 | (150 | ) | (321 | ) | (1,091 | ) | 2,367 | (150 | ) | (321 | ) | (1,091 | ) | 458 | 458 | ||||||||||||||||||||||||
|
OPERATING
INCOME
|
20,033 | 8,656 | 18,720 | 32,425 | 20,033 | 8,656 | 18,720 | 32,425 | 84,055 | 84,055 | ||||||||||||||||||||||||||||||
|
EBITDA
|
27,146 | 16,100 | 26,028 | 40,744 | 27,146 | 16,100 | 26,028 | 40,744 | 114,479 | 114,479 | ||||||||||||||||||||||||||||||
Attachment I (page 6 to
6)
|
ULTRACARGO
|
||||||||||||||
|
INCOME
STATEMENT
|
||||||||||||||
|
in thousand
dollars
|
||||||||||||||
|
1.73652707
|
1.6561069
|
1.66776517
|
2.27785194
|
1.73652707
|
1.6561069
|
1.66776517
|
2.27785194
|
1.834562769
|
1.834562769
|
|||||
|
Law 6,404
|
Law 11,638
|
Law 6,404
|
Law 11,638
|
|||||||||||||||||||||||||||||||||||||
|
2008
|
2008
|
|||||||||||||||||||||||||||||||||||||||
|
1.Quarter
|
2.Quarter
|
3.Quarter
|
4.Quarter
|
1.Quarter
|
2.Quarter
|
3.Quarter
|
4.Quarter
|
2008
|
2008
|
|||||||||||||||||||||||||||||||
|
NET
SALES
|
34,494 | 39,389 | 42,977 | 38,017 | 34,494 | 39,389 | 42,977 | 38,017 | 154,480 | 154,480 | ||||||||||||||||||||||||||||||
|
COST OF GOODS
SOLD
|
(22,379 | ) | (27,362 | ) | (29,528 | ) | (23,710 | ) | (22,379 | ) | (27,362 | ) | (29,528 | ) | (23,710 | ) | (102,165 | ) | (102,165 | ) | ||||||||||||||||||||
|
GROSS
PROFIT
|
12,114 | 12,028 | 13,449 | 14,308 | 12,114 | 12,028 | 13,449 | 14,308 | 52,316 | 52,316 | ||||||||||||||||||||||||||||||
|
OPERATING
EXPENSES
|
(11,465 | ) | (12,230 | ) | (12,283 | ) | (13,717 | ) | (11,465 | ) | (12,230 | ) | (12,283 | ) | (13,717 | ) | (50,091 | ) | (50,091 | ) | ||||||||||||||||||||
|
Selling
|
(130 | ) | (103 | ) | (128 | ) | (414 | ) | (130 | ) | (103 | ) | (128 | ) | (414 | ) | (845 | ) | (845 | ) | ||||||||||||||||||||
|
Administrative
Expenses
|
(10,963 | ) | (11,917 | ) | (11,912 | ) | (9,527 | ) | (10,963 | ) | (11,917 | ) | (11,912 | ) | (9,527 | ) | (43,793 | ) | (43,793 | ) | ||||||||||||||||||||
|
Depreciation
|
(373 | ) | (211 | ) | (243 | ) | (3,776 | ) | (373 | ) | (211 | ) | (243 | ) | (3,776 | ) | (5,452 | ) | (5,452 | ) | ||||||||||||||||||||
|
OTHER OPERATING
EXPENSES
|
729 | 324 | 605 | 178 | 729 | 324 | 605 | 178 | 1,754 | 1,754 | ||||||||||||||||||||||||||||||
|
OPERATING
INCOME
|
1,379 | 121 | 1,771 | 769 | 1,379 | 121 | 1,771 | 769 | 3,979 | 3,979 | ||||||||||||||||||||||||||||||
|
EBITDA
|
5,833 | 5,048 | 6,770 | 9,155 | 5,833 | 5,048 | 6,770 | 9,155 | 27,600 | 27,600 | ||||||||||||||||||||||||||||||
Attachment
II (page 1 to 4)
|
Effects
of the implementation of Law 11,638/07 and Provisional Measure 449/08 on
the business units' EBITDA - 1Q08
|
|||||||||||||
|
(R$
million)
|
|
Ipiranga
|
Ultragaz
|
Oxiteno
|
Ultracargo
|
Others/Elim.
|
Ultrapar
|
||||||||||||||||||||
|
EBITDA
before the implementation of Law 11,638/07 and Provisional Measure
449/08
|
127.9 | 40.7 | 47.2 | 10.2 | (3.3 | ) | 222.7 | ||||||||||||||||||
|
Contracts for
financial leasing operations recognized as property, plant & equipment
and debt
|
CVM 554 / CPC
06
|
2.0 | - | - | - | - | 2.0 | ||||||||||||||||||
|
Consolidation
of the results of the company SERMA* on the financial
statements
|
CVM 565 / CPC
13
|
- | - | - | - | 1.2 | 1.2 | ||||||||||||||||||
|
Total
effects
|
2.0 | - | - | - | 1.2 | 3.2 | |||||||||||||||||||
|
EBITDA
after the implementation of Law 11,638/07 and Provisional Measure
449/08
|
129.9 | 40.7 | 47.2 | 10.2 | (2.1 | ) | 225.9 | ||||||||||||||||||
|
Main
effects of the implementation of Law 11,638/07 and the Provisional Measure
449/08 on the consolidated financial statements - 1Q08
|
|
(R$
million)
|
|
EBITDA
|
Financial
results
|
Net
earnings
|
Net
debt
|
Long
term assets
|
Shareholder's
equity
|
||||||||||||||||||||
|
Figures
before the implementation of Law 11,638/07 and Provisional
Measure 449/08
|
222.7 | (37.3 | ) | 90.1 | 787.9 | 3,046.0 | 4,654.1 | ||||||||||||||||||
|
Contracts of
financial leasing operations recognized as fixed assets and
debt
|
CVM 554 / CPC
06
|
2.0 | (0.5 | ) | 0.4 | 29.9 | 29.9 | (0.3 | ) | ||||||||||||||||
|
Consolidation
of the company SERMA* and equity in income and affiliated companies of
Metalplus** in the financial statements
|
CVM 565 / CPC
13
|
1.2 | (0.1 | ) | - | (0.9 | ) | 11.6 | (0.3 | ) | |||||||||||||||
|
Currency
translation impact of the net investment on some foreign subsidiaries
recorded directly in the account accumulated translation
adjustment in the Shareholder's equity
|
CVM 534 / CPC
02
|
- | (1.1 | ) | (1.1 | ) | - | - | - | ||||||||||||||||
|
Marking to
market of financial and foreign exchange and interest hedging
instruments
|
CVM 566 / CPC
14
|
- | 0.4 | 0.3 | 0.2 | - | (0.3 | ) | |||||||||||||||||
|
Transaction
costs and premiums in the issuance of securities and securities recognized
as debt reducer
|
CVM 556 / CPC
08
|
- | 1.2 | 0.8 | (10.7 | ) | - | 0.8 | |||||||||||||||||
|
Adjustment at
present value of credit balances of ICMS on the purchase of fixed assets
(CIAP)
|
CVM 564 / CPC
12
|
- | - | - | - | 4.3 | - | ||||||||||||||||||
|
Total
effects
|
3.2 | (0.1 | ) | 0.4 | 18.5 | 45.8 | (0.1 | ) | |||||||||||||||||
|
Figures
after the implementation of Law 11,638/07 and Provisional Measure
449/08
|
225.9 | (37.3 | ) | 90.5 | 806.4 | 3,091.8 | 4,654.0 | ||||||||||||||||||
Attachment
II (page 2 to 4)
|
Effects
of the implementation of Law 11,638/07 and Provisional Measure 449/08 on
the business units' EBITDA - 2Q08
|
|
(R$
million)
|
|
Ipiranga
|
Ultragaz
|
Oxiteno
|
Ultracargo
|
Others/Elim.
|
Ultrapar
|
||||||||||||||||||||
|
EBITDA
before the implementation of Law 11,638/07 and Provisional Measure
449/08
|
151.4 | 54.0 | 26.6 | 8.4 | 7.3 | 247.7 | |||||||||||||||||||
|
Contracts for
financial leasing operations recognized as property, plant & equipment
and debt
|
CVM 554 / CPC
06
|
2.3 | - | - | - | - | 2.3 | ||||||||||||||||||
|
Consolidation
of the results of the company SERMA* on the financial
statements
|
CVM 565 / CPC
13
|
- | - | - | - | 1.1 | 1.1 | ||||||||||||||||||
|
Total
effects
|
2.3 | - | - | - | 1.1 | 3.4 | |||||||||||||||||||
|
EBITDA
after the implementation of Law 11,638/07 and Provisional Measure
449/08
|
153.7 | 54.0 | 26.6 | 8.4 | 8.4 | 251.1 | |||||||||||||||||||
|
Main
effects of the implementation of Law 11,638/07 and the Provisional Measure
449/08 on the consolidated financial statements - 2Q08
|
|
(R$
million)
|
|
EBITDA
|
Financial
results
|
Net
earnings
|
Net
debt
|
Long
term assets
|
Shareholder's
equity
|
||||||||||||||||||||
|
Figures
before the implementation of Law 11,638/07 and Provisional
Measure 449/08
|
247.7 | (16.4 | ) | 103.9 | 405.2 | 3,182.5 | 4,690.4 | ||||||||||||||||||
|
Contracts of
financial leasing operations recognized as fixed assets and
debt
|
CVM 554 / CPC
06
|
2.3 | (0.5 | ) | 0.5 | 28.4 | 29.6 | 0.8 | |||||||||||||||||
|
Consolidation
of the company SERMA* and equity in income and affiliated companies of
Metalplus** in the financial statements
|
CVM 565 / CPC
13
|
1.1 | - | - | (0.4 | ) | 12.3 | (0.3 | ) | ||||||||||||||||
|
Currency
translation impact of the net investment on some foreign subsidiaries
recorded directly in the account accumulated translation
adjustment in the Shareholder's equity
|
CVM 534 / CPC
02
|
- | 3.8 | 3.8 | - | - | - | ||||||||||||||||||
|
Marking to
market of financial and foreign exchange and interest hedging
instruments
|
CVM 566 / CPC
14
|
- | 1.3 | 1.3 | (2.6 | ) | - | 2.4 | |||||||||||||||||
|
Transaction
costs and premiums in the issuance of securities and securities recognized
as debt reducer
|
CVM 556 / CPC
08
|
- | 0.2 | 0.2 | (9.4 | ) | - | 1.0 | |||||||||||||||||
|
Adjustment at
present value of credit balances of ICMS on the purchase of fixed assets
(CIAP)
|
CVM 564 / CPC
12
|
- | - | - | - | 5.2 | - | ||||||||||||||||||
|
Total
effects
|
3.4 | 4.8 | 5.8 | 16.0 | 47.1 | 3.9 | |||||||||||||||||||
|
Figures
after the implementation of Law 11,638/07 and Provisional Measure
449/08
|
251.1 | (11.6 | ) | 109.7 | 421.2 | 3,229.6 | 4,694.3 | ||||||||||||||||||
Attachment
II (page 3 to 4)
|
Effects
of the implementation of Law 11,638/07 and Provisional Measure 449/08 on
the business units' EBITDA - 3Q08
|
|
(R$
million)
|
|
Ipiranga
|
Ultragaz
|
Oxiteno
|
Ultracargo
|
Others/Elim.
|
Ultrapar
|
||||||||||||||||||||
|
EBITDA
before the implementation of Law 11,638/07 and Provisional Measure
449/08
|
142.2 | 66.1 | 43.4 | 11.3 | (0.4 | ) | 262.6 | ||||||||||||||||||
|
Contracts for
financial leasing operations recognized as property, plant & equipment
and debt
|
CVM 554 / CPC
06
|
3.0 | - | - | - | - | 3.0 | ||||||||||||||||||
|
Consolidation
of the results of the company SERMA* on the financial
statements
|
CVM 565 / CPC
13
|
- | - | - | - | 1.3 | 1.3 | ||||||||||||||||||
|
Total
effects
|
3.0 | - | - | - | 1.3 | 4.3 | |||||||||||||||||||
|
EBITDA
after the implementation of Law 11,638/07 and Provisional Measure
449/08
|
145.2 | 66.1 | 43.4 | 11.3 | 0.9 | 266.9 | |||||||||||||||||||
|
Main
effects of the implementation of Law 11,638/07 and the Provisional Measure
449/08 on the consolidated financial statements - 3Q08
|
|
(R$
million)
|
|
EBITDA
|
Financial
results
|
Net
earnings
|
Net
debt
|
Long
term assets
|
Shareholder's
equity
|
||||||||||||||||||||
|
Figures
before the implementation of Law 11,638/07 and Provisional
Measure 449/08
|
262.6 | (24.5 | ) | 116.7 | 797.8 | 3,336.4 | 4,688.4 | ||||||||||||||||||
|
Contracts of
financial leasing operations recognized as fixed assets and
debt
|
CVM 554 / CPC
06
|
3.0 | (0.9 | ) | 0.7 | 27.6 | 29.7 | 1.3 | |||||||||||||||||
|
Consolidation
of the company SERMA* and equity in income and affiliated companies of
Metalplus** in the financial statements
|
CVM 565 / CPC
13
|
1.3 | - | - | (0.1 | ) | 12.8 | (0.3 | ) | ||||||||||||||||
|
Currency
translation impact of the net investment on some foreign subsidiaries
recorded directly in the account accumulated translation
adjustment in the Shareholder's equity
|
CVM 534 / CPC
02
|
- | (7.0 | ) | (7.0 | ) | - | - | - | ||||||||||||||||
|
Marking to
market of financial and foreign exchange and interest hedging
instruments
|
CVM 566 / CPC
14
|
- | 11.4 | 11.7 | (0.2 | ) | - | 0.1 | |||||||||||||||||
|
Transaction
costs and premiums in the issuance of securities and securities recognized
as debt reducer
|
CVM 556 / CPC
08
|
- | (0.1 | ) | (0.1 | ) | (9.6 | ) | - | 1.0 | |||||||||||||||
|
Adjustment at
present value of credit balances of ICMS on the purchase of fixed assets
(CIAP)
|
CVM 564 / CPC
12
|
- | - | - | - | 5.6 | - | ||||||||||||||||||
|
Total
effects
|
4.3 | 3.4 | 5.3 | 17.7 | 48.1 | 2.1 | |||||||||||||||||||
|
Figures
after the implementation of Law 11,638/07 and Provisional Measure
449/08
|
266.9 | (21.1 | ) | 122.0 | 815.5 | 3,384.5 | 4,690.5 | ||||||||||||||||||
Attachment
II (page 4 to 4)
|
Effects
of the implementation of Law 11,638/07 and Provisional Measure 449/08 on
the business units' EBITDA - 4Q08
|
|
(R$
million)
|
|
Ipiranga
|
Ultragaz
|
Oxiteno
|
Ultracargo
|
Others/Elim.
|
Ultrapar
|
||||||||||||||||||||
|
EBITDA
before the implementation of Law 11,638/07 and Provisional Measure
449/08
|
171.2 | 50.0 | 92.8 | 20.9 | (4.0 | ) | 330.9 | ||||||||||||||||||
|
Contracts for
financial leasing operations recognized as property, plant & equipment
and debt
|
CVM 554 / CPC
06
|
3.2 | - | - | - | 0.1 | 3.3 | ||||||||||||||||||
|
Consolidation
of the results of the company SERMA* on the financial
statements
|
CVM 565 / CPC
13
|
- | - | - | - | 1.3 | 1.3 | ||||||||||||||||||
|
Total
effects
|
3.2 | - | - | - | 1.4 | 4.6 | |||||||||||||||||||
|
EBITDA
after the implementation of Law 11,638/07 and Provisional Measure
449/08
|
174.4 | 50.0 | 92.8 | 20.9 | (2.6 | ) | 335.5 | ||||||||||||||||||
|
Main
effects of the implementation of Law 11,638/07 and the Provisional Measure
449/08 on the consolidated financial statements - 4Q08
|
|||||||||||||
|
(R$
million)
|
|
EBITDA
|
Financial
results
|
Net
earnings
|
Net
debt
|
Long
term assets
|
Shareholder's
equity
|
||||||||||||||||||||
|
Figures
before the implementation of Law 11,638/07 and Provisional
Measure 449/08
|
330.9 | (88.1 | ) | 77.3 | 1,524.3 | 3,726.3 | 4,646.1 | ||||||||||||||||||
|
Contracts of
financial leasing operations recognized as fixed assets and
debt
|
CVM 554 / CPC
06
|
3.3 | (1.0 | ) | 0.8 | 25.4 | 29.0 | 2.4 | |||||||||||||||||
|
Consolidation
of the company SERMA* and equity in income and affiliated companies of
Metalplus** in the financial statements
|
CVM 565 / CPC
13
|
1.3 | - | - | (0.2 | ) | 14.9 | (0.3 | ) | ||||||||||||||||
|
Currency
translation impact of the net investment on some foreign subsidiaries
recorded directly in the account accumulated translation
adjustment in the Shareholder's equity
|
CVM 534 / CPC
02
|
- | (4.2 | ) | (4.2 | ) | - | - | - | ||||||||||||||||
|
Marking to
market of financial and foreign exchange and interest hedging
instruments
|
CVM 566 / CPC
14
|
- | (5.6 | ) | (5.8 | ) | (1.6 | ) | - | 1.1 | |||||||||||||||
|
Transaction
costs and premiums in the issuance of securities and securities recognized
as debt reducer
|
CVM 556 / CPC
08
|
- | (0.1 | ) | (0.1 | ) | (9.6 | ) | - | 0.9 | |||||||||||||||
|
Adjustment at
present value of credit balances of ICMS on the purchase of fixed assets
(CIAP)
|
CVM 564 / CPC
12
|
- | - | - | - | 5.5 | - | ||||||||||||||||||
|
Total
effects
|
4.6 | (10.9 | ) | (9.3 | ) | 14.0 | 49.4 | 4.1 | |||||||||||||||||
|
Figures
after the implementation of Law 11,638/07 and Provisional Measure
449/08
|
335.5 | (98.9 | ) | 68.1 | 1,538.3 | 3,775.7 | 4,650.2 | ||||||||||||||||||
*
SERMA - Association of users of data processing equipment and related services
(responsible for IT services for Ultrapar)
**
Metalúrgica Plus S / A - Former producer of gas cylinders, not currently
operating
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
Date: May
14, 2009
|
ULTRAPAR
HOLDINGS INC.
|
||||
|
By:
|
/s/
André Covre
|
|||
|
Name:
|
André Covre | |||
| Title: | Chief Financial and Investor Relations Officer | |||
(Market
Announcement)