StatementofCashFlow (IndirectMethod)

<table cellpadding="2" cellspacing="1" class="FundtoTable" style="width:100%">
<tr class="FundtoHeaderRow">
<td nowrap="nowrap">Statement of Cash Flow (Indirect Method)</td>
<td id="P23947_" style="text-align:right;white-space:nowrap;">06/30/2015</td>
</tr>
<tr id="c_35365" class="FundtoEvenRow">
<td nowrap="nowrap" style="padding-left:0Px;font-weight: bold;">Cash Flow from
Operating Activities (US$ thousand)</td>
<td id="P23947_35365" class="FundtoValor" style="text-align:right;font-weight:
bold;" title="">-</td>
bold;" title="">25,174</td>
</tr>
<tr id="c_35365_35366" class="FundtoOddRow">
<td nowrap="nowrap" style="padding-left:12Px;">Net Income/Loss before Income and
Social Contribution Taxes (US$ thousand)</td>
<td id="P23947_35366" class="FundtoValor" style="text-align:right;" title="">-</td>
<td id="P15643_35366" class="FundtoValor" style="text-align:right;"
title="">13,404</td>
title="">7,205</td>
title="">4,099</td>
title="">(35,204)</td>
title="">(35,894)</td>
title="">5,763</td>
title="">3,415</td>
title="">27,604</td>
title="">19,657</td>
title="">13,564</td>
title="">7,937</td>
title="">22,339</td>
title="">12,705</td>
title="">5,109</td>
title="">23,311</td>
</tr>
<tr id="c_35365_35366_35367" class="FundtoEvenRow">
<td nowrap="nowrap" style="padding-left:24Px;">Reconciliation of Net Income to Net
Cash provided by Operating Activities: (US$ thousand)</td>
<td id="P23947_35367" class="FundtoValor" style="text-align:right;" title=""></td>
</tr>
<tr id="c_35365_35366_35367_35368" class="FundtoOddRow">
<td nowrap="nowrap" style="padding-left:36Px;">Depreciation and Amortization (US$ thousand)</td>
title="">6,252</td>
title="">4,124</td>
title="">2,254</td>
title="">9,977</td>
title="">5,613</td>
title="">4,198</td>
title="">1,944</td>
title="">7,738</td>
title="">5,950</td>
title="">2,918</td>
title="">1,513</td>
title="">4,944</td>
title="">3,362</td>
title="">1,770</td>
title="">2,913</td>
</tr>
<tr id="c_35365_35366_35367_35369" class="FundtoEvenRow">
<td nowrap="nowrap" style="padding-left:36Px;">Liabilities for acquisition of
investments - update (US$ thousand)</td>
title="">188</td>
title="">184</td>
title="">139</td>
title="">1,596</td>
title="">235</td>
title="">322</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Amortization of goodwill 11,699</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Reserve for Contingencies 3,648</td>
title="">2,490</td>
title="">1,142</td>
title="">1,665</td>
title="">774</td>
title="">426</td>
title="">(37)</td>
title="">786</td>
title="">(293)</td>
title="">670</td>
title="">340</td>
title="">(1,024)</td>
title="">(977)</td>
title="">(742)</td>
title="">1,565</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Provision for doubtful accounts
(US$ thousand)</td>
title="">821</td>
title="">482</td>
title="">287</td>
title="">2,641</td>
title="">2,444</td>
title="">967</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Provisions for scrapping losses
title="">597</td>
title="">566</td>
title="">393</td>
title="">1,599</td>
title="">1,184</td>
title="">892</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Provision for profit sharing 
<td nowrap="nowrap" style="padding-left:36Px;">Exchance Rate effect on goodwill
abroad (US$ thousand)</td>
title="">569</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Stock Options Granted (3)</td>
title="">(2)</td>
title="">(5)</td>
title="">(383)</td>
title="">(235)</td>
title="">(273)</td>
title="">88</td>
title="">(497)</td>
title="">(596)</td>
title="">(77)</td>
title="">(245)</td>
title="">692</td>
title="">470</td>
title="">277</td>
title="">544</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Interest Expenses 807</td>
title="">478</td>
title="">255</td>
title="">1,085</td>
title="">831</td>
title="">596</td>
title="">323</td>
title="">1,028</td>
title="">735</td>
title="">414</td>
title="">174</td>
title="">1,037</td>
title="">827</td>
title="">571</td>
title="">829</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Goodwill impairment loss 36,599</td>
title="">37,290</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Allocation of Intangible (3,512)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Reversal of provisions (1,489)</td>
title="">(468)</td>
title="">(518)</td>
title="">(206)</td>
title="">(249)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Write-off of Intangible Assets 109</td>
title="">45</td>
title="">20</td>
title="">6,723</td>
title="">1,502</td>
title="">937</td>
title="">1,891</td>
title="">2,145</td>
title="">391</td>
title="">386</td>
title="">2,156</td>
title="">804</td>
title="">291</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Write-off of Deferred Assets (46)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Write-off of Property, Plant and
Equipment (US$ thousand)</td>
title="">841</td>
title="">30</td>
<td id="P13894_35380" class="FundtoValor" style="text-align:right;" title="">1</td>
title="">261</td>
title="">55</td>
title="">63</td>
title="">45</td>
title="">30</td>
title="">35</td>
title="">(5)</td>
title="">(15)</td>
title="">834</td>
title="">358</td>
title="">111</td>
title="">600</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Exchance Rate Variance from
Investment Abroad (US$ thousand)</td>
title="">(429)</td>
title="">(1,132)</td>
title="">(537)</td>
title="">620</td>
title="">425</td>
title="">(5,779)</td>
title="">(5,377)</td>
title="">3,745</td>
</tr>
<td nowrap="nowrap" style="padding-left:24Px;">(Increase) Decrease in Assets: 45</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Trade Accounts Receivable 3,577</td>
title="">4,614</td>
title="">6,560</td>
title="">(4,030)</td>
title="">(2,075)</td>
title="">(2,797)</td>
title="">925</td>
title="">(417)</td>
title="">(8,273)</td>
title="">(6,676)</td>
title="">(4,193)</td>
title="">622</td>
title="">3,945</td>
title="">2,756</td>
title="">(13,438)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Inventories (US$
thousand)</td>
title="">(1,041)</td>
title="">(187)</td>
title="">(1,788)</td>
title="">(4,315)</td>
title="">(7,390)</td>
title="">(4,426)</td>
title="">608</td>
title="">(2,149)</td>
title="">(6,973)</td>
title="">(3,783)</td>
title="">(1,084)</td>
title="">7,108</td>
title="">3,516</td>
title="">1,765</td>
title="">(7,251)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Recoverable Taxes (4,190)</td>
title="">(3,328)</td>
title="">(1,550)</td>
title="">(1,048)</td>
title="">(443)</td>
title="">(714)</td>
title="">594</td>
title="">2,112</td>
title="">(1,563)</td>
title="">(624)</td>
title="">(536)</td>
title="">(978)</td>
title="">(2,448)</td>
title="">(1,233)</td>
title="">(2,765)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Marketable Securities (163)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Judicial Deposits (208)</td>
title="">(43)</td>
title="">(131)</td>
title="">(447)</td>
title="">(532)</td>
title="">(461)</td>
title="">(263)</td>
title="">(1,249)</td>
title="">(87)</td>
title="">(77)</td>
title="">(32)</td>
title="">(366)</td>
title="">(1,603)</td>
title="">(71)</td>
title="">(1,050)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Other Receivables (1,286)</td>
title="">(559)</td>
title="">192</td>
title="">(406)</td>
title="">(720)</td>
title="">(333)</td>
title="">131</td>
title="">(163)</td>
title="">(1,105)</td>
title="">(1,042)</td>
title="">(144)</td>
title="">42</td>
title="">(563)</td>
title="">(701)</td>
title="">9,986</td>
</tr>
<tr id="c_35365_35366_35388" class="FundtoOddRow">
<td nowrap="nowrap" style="padding-left:24Px;">Increase (decrease) of Liabilities:
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Suppliers (US$
title="">(1,045)</td>
title="">(662)</td>
title="">(2,620)</td>
title="">3,416</td>
title="">3,078</td>
title="">3,675</td>
title="">1,559</td>
title="">(2,603)</td>
title="">(1,876)</td>
title="">813</td>
title="">4,957</td>
title="">(229)</td>
title="">(996)</td>
title="">(1,001)</td>
title="">1,416</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Tax Commitments (US$
title="">33</td>
title="">229</td>
title="">(43)</td>
title="">1,503</td>
title="">(480)</td>
title="">(134)</td>
title="">(70)</td>
title="">(3,364)</td>
title="">(1,061)</td>
title="">(1,379)</td>
title="">40</td>
title="">1,297</td>
title="">(36)</td>
title="">(672)</td>
title="">(820)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Provision for Payment of
Acquisitions (US$ thousand)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Others Liabilities 4,630</td>
title="">2,046</td>
title="">(330)</td>
title="">2,537</td>
title="">1,059</td>
title="">463</td>
title="">(184)</td>
title="">1,751</td>
title="">2,667</td>
title="">2,335</td>
title="">572</td>
title="">(995)</td>
title="">4,623</td>
title="">271</td>
title="">2,013</td>
</tr>
<td nowrap="nowrap" style="padding-left:0Px;font-weight: bold;">Cash provided by
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Interest Paid (US$
title="">(616)</td>
title="">(608)</td>
title="">(475)</td>
title="">(1,094)</td>
title="">(720)</td>
title="">(559)</td>
title="">(313)</td>
title="">(899)</td>
title="">(591)</td>
title="">(291)</td>
title="">(148)</td>
title="">(882)</td>
title="">(694)</td>
title="">(425)</td>
title="">(808)</td>
</tr>
<tr id="c_35393_35395" class="FundtoEvenRow">
<td nowrap="nowrap" style="padding-left:12Px;">Income and Social Contribution Taxes
Paid (US$ thousand)</td>
title="">(1,547)</td>
title="">(1,022)</td>
title="">(425)</td>
title="">(1,547)</td>
title="">(1,100)</td>
title="">(856)</td>
title="">(386)</td>
title="">(2,139)</td>
title="">(1,732)</td>
title="">(1,295)</td>
title="">(720)</td>
title="">(2,303)</td>
title="">(1,588)</td>
title="">(838)</td>
title="">(5,872)</td>
</tr>
<tr id="c_35396" class="FundtoOddRow">
<td nowrap="nowrap" style="padding-left:0Px;font-weight: bold;">Net Cash provided
by Operating activities (US$ thousand)</td>
</tr>
<td nowrap="nowrap" style="padding-left:0Px;font-weight: bold;">Cash Flows from
Investing Activities (US$ thousand)</td>
bold;" title=""></td>
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Proceeds from the sale of fixed
assets (US$ thousand)</td>
title="">599</td>
</tr>
investments (US$ thousand)</td>
title="">(7,678)</td>
title="">(7,678)</td>
title="">(8,619)</td>
title="">234</td>
title="">(577)</td>
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Acquisition of Investment (US$)</td>
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Goodwill paid on Acquisition of
Investment (US$ thousand)</td>
title="">(508)</td>
title="">(570)</td>
title="">(2,663)</td>
title="">(2,728)</td>
title="">(2,649)</td>
title="">(1,192)</td>
title="">(27,161)</td>
title="">(28,304)</td>
title="">(22,416)</td>
title="">(25,123)</td>
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Acquisition of Intangible Assets
title="">(31,506)</td>
title="">(30,505)</td>
title="">(923)</td>
title="">(6,801)</td>
title="">(6,859)</td>
title="">(3,219)</td>
title="">(1,541)</td>
title="">(8,974)</td>
title="">(7,322)</td>
title="">(4,205)</td>
title="">(2,280)</td>
title="">(14,358)</td>
title="">(10,309)</td>
title="">(5,495)</td>
title="">(8,204)</td>
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Acquisition of Property, Plant and
title="">(1,615)</td>
title="">(1,272)</td>
title="">(438)</td>
title="">(2,435)</td>
title="">(1,878)</td>
title="">(1,610)</td>
title="">(822)</td>
title="">(2,935)</td>
title="">(1,441)</td>
title="">(582)</td>
title="">(226)</td>
title="">(1,523)</td>
title="">(1,146)</td>
title="">(862)</td>
title="">(3,464)</td>
</tr>
<td nowrap="nowrap" style="padding-left:0Px;font-weight: bold;">Net Cash used in
bold;" title="">(40,798)</td>
bold;" title="">(39,455)</td>
bold;" title="">(9,979)</td>
bold;" title="">(9,003)</td>
bold;" title="">(9,313)</td>
bold;" title="">(5,338)</td>
bold;" title="">(2,933)</td>
bold;" title="">(14,572)</td>
bold;" title="">(11,491)</td>
bold;" title="">(7,436)</td>
bold;" title="">(3,698)</td>
bold;" title="">(42,443)</td>
bold;" title="">(39,759)</td>
bold;" title="">(28,772)</td>
bold;" title="">(36,790)</td>
</tr>
Financing Activities (US$ thousand)</td>
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Dividends Paid (US$
title="">(856)</td>
title="">(9,698)</td>
title="">(9,881)</td>
title="">(11,053)</td>
title="">(1,101)</td>
title="">(12,864)</td>
title="">(9,113)</td>
title="">(8,658)</td>
title="">(5,697)</td>
title="">(5,597)</td>
title="">(5,103)</td>
title="">(3,701)</td>
</tr>
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Share Buyback (US$
title="">(702)</td>
title="">(715)</td>
title="">(847)</td>
title="">(3,748)</td>
title="">(3,682)</td>
title="">(3,107)</td>
title="">(3,764)</td>
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Paid Loans (US$
title="">(3,520)</td>
title="">(2,167)</td>
title="">(1,567)</td>
title="">(2,641)</td>
title="">(1,544)</td>
title="">(1,724)</td>
title="">(823)</td>
title="">(3,639)</td>
title="">(2,751)</td>
title="">(1,827)</td>
title="">(829)</td>
title="">(3,227)</td>
title="">(2,375)</td>
title="">(1,436)</td>
title="">(5,915)</td>
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Raised Loans (US$
title="">2,243</td>
title="">328</td>
title="">339</td>
title="">6,782</td>
title="">7,133</td>
title="">708</td>
title="">281</td>
title="">8,768</td>
title="">7,684</td>
title="">7,451</td>
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Debentures Issue (US$
</tr>
bold;" title="">(2,133)</td>
bold;" title="">(1,838)</td>
bold;" title="">(1,228)</td>
bold;" title="">(6,258)</td>
bold;" title="">(5,007)</td>
bold;" title="">(12,916)</td>
bold;" title="">(1,643)</td>
bold;" title="">(7,735)</td>
bold;" title="">(4,181)</td>
bold;" title="">(3,034)</td>
bold;" title="">(829)</td>
bold;" title="">(12,672)</td>
bold;" title="">(11,654)</td>
bold;" title="">(9,646)</td>
bold;" title="">(13,380)</td>
</tr>
<td nowrap="nowrap" style="padding-left:0Px;">Effect of exchange rate changes on
cash and cash equivalents (US$ thousand)</td>
title="">531</td>
title="">506</td>
title="">77</td>
title="">(165)</td>
title="">1,691</td>
title="">(1,229)</td>
</tr>
<td nowrap="nowrap" style="padding-left:0Px;font-weight: bold;">Decrease in Cash
and Cash Equivalents for the Period (US$ thousand)</td>
bold;" title="">(18,921)</td>
bold;" title="">(25,171)</td>
bold;" title="">(3,674)</td>
bold;" title="">(2,679)</td>
bold;" title="">(11,740)</td>
bold;" title="">(9,167)</td>
bold;" title="">(3,997)</td>
bold;" title="">(26,597)</td>
bold;" title="">(26,375)</td>
bold;" title="">(24,621)</td>
bold;" title="">(33,982)</td>
</tr>
<td nowrap="nowrap" style="padding-left:0Px;font-weight: bold;">Cash and Cash
Equivalents at Beginning of the Period (US$ thousand)</td>
</tr>
Equivalents at End of the Period (US$ thousand)</td>
</tr>
<tr class="FundtoFooterRow">
</tr><tr><td> </td></tr><tr><td colspan="25" style="height: 19px">
</td></tr>
</table>
<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"

"http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd">
<html xmlns="http://www.w3.org/1999/xhtml" >
<head>
<title>Fundamentos Interativos</title>
</head>
<body>
<table cellpadding="0" cellspacing="0" width="100%">
<tr>
<td>
BEMATECH IFRS
</td>
</tr>
<tr>
<td><table cellpadding="2" cellspacing="1" class="FundtoTable"
style="width:100%">
<tr class="FundtoHeaderRow">
<td nowrap="nowrap">Statement of Cash Flow (Indirect Method)</td>
</tr>
<td nowrap="nowrap" style="padding-left:0Px;font-weight: bold;">Cash Flow from
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Net Income/Loss before Income and
Social Contribution Taxes (US$ thousand)</td>
title="">13,404</td>
title="">7,205</td>
title="">4,099</td>
title="">(35,204)</td>
title="">(35,894)</td>
title="">5,763</td>
title="">3,415</td>
title="">27,604</td>
title="">19,657</td>
title="">13,564</td>
title="">7,937</td>
title="">22,339</td>
title="">12,705</td>
title="">5,109</td>
title="">23,311</td>
</tr>
<td nowrap="nowrap" style="padding-left:24Px;">Reconciliation of Net Income to Net
Cash provided by Operating Activities: (US$ thousand)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Depreciation and Amortization 6,252</td>
title="">4,124</td>
title="">2,254</td>
title="">9,977</td>
title="">5,613</td>
title="">4,198</td>
title="">1,944</td>
title="">7,738</td>
title="">5,950</td>
title="">2,918</td>
title="">1,513</td>
title="">4,944</td>
title="">3,362</td>
title="">1,770</td>
title="">2,913</td>
</tr>
investments - update (US$ thousand)</td>
title="">188</td>
title="">184</td>
title="">139</td>
title="">1,596</td>
title="">235</td>
title="">322</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Amortization of goodwill 11,699</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Reserve for Contingencies 3,648</td>
title="">2,490</td>
title="">1,142</td>
title="">1,665</td>
title="">774</td>
title="">426</td>
title="">(37)</td>
title="">786</td>
title="">(293)</td>
title="">670</td>
title="">340</td>
title="">(1,024)</td>
title="">(977)</td>
title="">(742)</td>
title="">1,565</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Provision for doubtful accounts
title="">821</td>
title="">482</td>
title="">287</td>
title="">2,641</td>
title="">2,444</td>
title="">967</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Provisions for scrapping losses
title="">597</td>
title="">566</td>
title="">393</td>
title="">1,599</td>
title="">1,184</td>
title="">892</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Provision for profit sharing 
<td nowrap="nowrap" style="padding-left:36Px;">Exchance Rate effect on goodwill
abroad (US$ thousand)</td>
title="">569</td>
</tr>
title="">(3)</td>
title="">(2)</td>
title="">(5)</td>
title="">(383)</td>
title="">(235)</td>
title="">(273)</td>
title="">88</td>
title="">(497)</td>
title="">(596)</td>
title="">(77)</td>
title="">(245)</td>
title="">692</td>
title="">470</td>
title="">277</td>
title="">544</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Interest Expenses 807</td>
title="">478</td>
title="">255</td>
title="">1,085</td>
title="">831</td>
title="">596</td>
title="">323</td>
title="">1,028</td>
title="">735</td>
title="">414</td>
title="">174</td>
title="">1,037</td>
title="">827</td>
title="">571</td>
title="">829</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Goodwill impairment loss 36,599</td>
title="">37,290</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Allocation of Intangible (3,512)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Reversal of provisions (1,489)</td>
title="">(468)</td>
title="">(518)</td>
title="">(206)</td>
title="">(249)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Write-off of Intangible Assets 109</td>
title="">45</td>
title="">20</td>
title="">6,723</td>
title="">1,502</td>
title="">937</td>
title="">1,891</td>
title="">2,145</td>
title="">391</td>
title="">386</td>
title="">2,156</td>
title="">804</td>
title="">291</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Write-off of Deferred Assets (46)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Write-off of Property, Plant and
title="">841</td>
title="">30</td>
title="">261</td>
title="">55</td>
title="">63</td>
title="">45</td>
title="">30</td>
title="">35</td>
title="">(5)</td>
title="">(15)</td>
title="">834</td>
title="">358</td>
title="">111</td>
title="">600</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Exchance Rate Variance from
Investment Abroad (US$ thousand)</td>
title="">(429)</td>
title="">(1,132)</td>
title="">(537)</td>
title="">620</td>
title="">425</td>
title="">(5,779)</td>
title="">(5,377)</td>
title="">3,745</td>
</tr>
<td nowrap="nowrap" style="padding-left:24Px;">(Increase) Decrease in Assets: 45</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Trade Accounts Receivable 3,577</td>
title="">4,614</td>
title="">6,560</td>
title="">(4,030)</td>
title="">(2,075)</td>
title="">(2,797)</td>
title="">925</td>
title="">(417)</td>
title="">(8,273)</td>
title="">(6,676)</td>
title="">(4,193)</td>
title="">622</td>
title="">3,945</td>
title="">2,756</td>
title="">(13,438)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Inventories (US$
title="">(1,041)</td>
title="">(187)</td>
title="">(1,788)</td>
title="">(4,315)</td>
title="">(7,390)</td>
title="">(4,426)</td>
title="">608</td>
title="">(2,149)</td>
title="">(6,973)</td>
title="">(3,783)</td>
title="">(1,084)</td>
title="">7,108</td>
title="">3,516</td>
title="">1,765</td>
title="">(7,251)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Recoverable Taxes (4,190)</td>
title="">(3,328)</td>
title="">(1,550)</td>
title="">(1,048)</td>
title="">(443)</td>
title="">(714)</td>
title="">594</td>
title="">2,112</td>
title="">(1,563)</td>
title="">(624)</td>
title="">(536)</td>
title="">(978)</td>
title="">(2,448)</td>
title="">(1,233)</td>
title="">(2,765)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Marketable Securities (163)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Judicial Deposits (208)</td>
title="">(43)</td>
title="">(131)</td>
title="">(447)</td>
title="">(532)</td>
title="">(461)</td>
title="">(263)</td>
title="">(1,249)</td>
title="">(87)</td>
title="">(77)</td>
title="">(32)</td>
title="">(366)</td>
title="">(1,603)</td>
title="">(71)</td>
title="">(1,050)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Other Receivables (1,286)</td>
title="">(559)</td>
title="">192</td>
title="">(406)</td>
title="">(720)</td>
title="">(333)</td>
title="">131</td>
title="">(163)</td>
title="">(1,105)</td>
title="">(1,042)</td>
title="">(144)</td>
title="">42</td>
title="">(563)</td>
title="">(701)</td>
title="">9,986</td>
</tr>
<tr id="c_35365_35366_35388" class="FundtoOddRow">
<td nowrap="nowrap" style="padding-left:24Px;">Increase (decrease) of Liabilities:
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Suppliers (US$
title="">(1,045)</td>
title="">(662)</td>
title="">(2,620)</td>
title="">3,416</td>
title="">3,078</td>
title="">3,675</td>
title="">1,559</td>
title="">(2,603)</td>
title="">(1,876)</td>
title="">813</td>
title="">4,957</td>
title="">(229)</td>
title="">(996)</td>
title="">(1,001)</td>
title="">1,416</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Tax Commitments (US$
title="">33</td>
title="">229</td>
title="">(43)</td>
title="">1,503</td>
title="">(480)</td>
title="">(134)</td>
title="">(70)</td>
title="">(3,364)</td>
title="">(1,061)</td>
title="">(1,379)</td>
title="">40</td>
title="">1,297</td>
title="">(36)</td>
title="">(672)</td>
title="">(820)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Provision for Payment of
Acquisitions (US$ thousand)</td>
</tr>
<td nowrap="nowrap" style="padding-left:36Px;">Others Liabilities 4,630</td>
title="">2,046</td>
title="">(330)</td>
title="">2,537</td>
title="">1,059</td>
title="">463</td>
title="">(184)</td>
title="">1,751</td>
title="">2,667</td>
title="">2,335</td>
title="">572</td>
title="">(995)</td>
title="">4,623</td>
title="">271</td>
title="">2,013</td>
</tr>
<td nowrap="nowrap" style="padding-left:0Px;font-weight: bold;">Cash provided by
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Interest Paid (US$
title="">(616)</td>
title="">(608)</td>
title="">(475)</td>
title="">(1,094)</td>
title="">(720)</td>
title="">(559)</td>
title="">(313)</td>
title="">(899)</td>
title="">(591)</td>
title="">(291)</td>
title="">(148)</td>
title="">(882)</td>
title="">(694)</td>
title="">(425)</td>
title="">(808)</td>
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Income and Social Contribution Taxes
Paid (US$ thousand)</td>
title="">(1,547)</td>
title="">(1,022)</td>
title="">(425)</td>
title="">(1,547)</td>
title="">(1,100)</td>
title="">(856)</td>
title="">(386)</td>
title="">(2,139)</td>
title="">(1,732)</td>
title="">(1,295)</td>
title="">(720)</td>
title="">(2,303)</td>
title="">(1,588)</td>
title="">(838)</td>
title="">(5,872)</td>
</tr>
<td nowrap="nowrap" style="padding-left:0Px;font-weight: bold;">Net Cash provided
by Operating activities (US$ thousand)</td>
</tr>
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Proceeds from the sale of fixed
assets (US$ thousand)</td>
title="">599</td>
</tr>
investments (US$ thousand)</td>
title="">(7,678)</td>
title="">(7,678)</td>
title="">(8,619)</td>
title="">234</td>
title="">(577)</td>
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Acquisition of Investment 
<td nowrap="nowrap" style="padding-left:12Px;">Goodwill paid on Acquisition of
Investment (US$ thousand)</td>
title="">(508)</td>
title="">(570)</td>
title="">(2,663)</td>
title="">(2,728)</td>
title="">(2,649)</td>
title="">(1,192)</td>
title="">(27,161)</td>
title="">(28,304)</td>
title="">(22,416)</td>
title="">(25,123)</td>
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Acquisition of Intangible Assets
title="">(31,506)</td>
title="">(30,505)</td>
title="">(923)</td>
title="">(6,801)</td>
title="">(6,859)</td>
title="">(3,219)</td>
title="">(1,541)</td>
title="">(8,974)</td>
title="">(7,322)</td>
title="">(4,205)</td>
title="">(2,280)</td>
title="">(14,358)</td>
title="">(10,309)</td>
title="">(5,495)</td>
title="">(8,204)</td>
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Acquisition of Property, Plant and
title="">(1,615)</td>
title="">(1,272)</td>
title="">(438)</td>
title="">(2,435)</td>
title="">(1,878)</td>
title="">(1,610)</td>
title="">(822)</td>
title="">(2,935)</td>
title="">(1,441)</td>
title="">(582)</td>
title="">(226)</td>
title="">(1,523)</td>
title="">(1,146)</td>
title="">(862)</td>
title="">(3,464)</td>
</tr>
bold;" title="">(40,798)</td>
bold;" title="">(39,455)</td>
bold;" title="">(9,979)</td>
bold;" title="">(9,003)</td>
bold;" title="">(9,313)</td>
bold;" title="">(5,338)</td>
bold;" title="">(2,933)</td>
bold;" title="">(14,572)</td>
bold;" title="">(11,491)</td>
bold;" title="">(7,436)</td>
bold;" title="">(3,698)</td>
bold;" title="">(42,443)</td>
bold;" title="">(39,759)</td>
bold;" title="">(28,772)</td>
bold;" title="">(36,790)</td>
</tr>
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Dividends Paid (US$
title="">(856)</td>
title="">(9,698)</td>
title="">(9,881)</td>
title="">(11,053)</td>
title="">(1,101)</td>
title="">(12,864)</td>
title="">(9,113)</td>
title="">(8,658)</td>
title="">(5,697)</td>
title="">(5,597)</td>
title="">(5,103)</td>
title="">(3,701)</td>
</tr>
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Share Buyback (US$
title="">(702)</td>
title="">(715)</td>
title="">(847)</td>
title="">(3,748)</td>
title="">(3,682)</td>
title="">(3,107)</td>
title="">(3,764)</td>
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Paid Loans (US$
title="">(3,520)</td>
title="">(2,167)</td>
title="">(1,567)</td>
title="">(2,641)</td>
title="">(1,544)</td>
title="">(1,724)</td>
title="">(823)</td>
title="">(3,639)</td>
title="">(2,751)</td>
title="">(1,827)</td>
title="">(829)</td>
title="">(3,227)</td>
title="">(2,375)</td>
title="">(1,436)</td>
title="">(5,915)</td>
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Raised Loans (US$
title="">2,243</td>
title="">328</td>
title="">339</td>
title="">6,782</td>
title="">7,133</td>
title="">708</td>
title="">281</td>
title="">8,768</td>
title="">7,684</td>
title="">7,451</td>
</tr>
<td nowrap="nowrap" style="padding-left:12Px;">Debentures Issue (US$
</tr>
bold;" title="">(2,133)</td>
bold;" title="">(1,838)</td>
bold;" title="">(1,228)</td>
bold;" title="">(6,258)</td>
bold;" title="">(5,007)</td>
bold;" title="">(12,916)</td>
bold;" title="">(1,643)</td>
bold;" title="">(7,735)</td>
bold;" title="">(4,181)</td>
bold;" title="">(3,034)</td>
bold;" title="">(829)</td>
bold;" title="">(12,672)</td>
bold;" title="">(11,654)</td>
bold;" title="">(9,646)</td>
bold;" title="">(13,380)</td>
</tr>
<td nowrap="nowrap" style="padding-left:0Px;">Effect of exchange rate changes on
cash and cash equivalents (US$ thousand)</td>
title="">531</td>
title="">506</td>
title="">77</td>
title="">(165)</td>
title="">1,691</td>
title="">(1,229)</td>
</tr>
<td nowrap="nowrap" style="padding-left:0Px;font-weight: bold;">Decrease in Cash
and Cash Equivalents for the Period (US$ thousand)</td>
bold;" title="">(18,921)</td>
bold;" title="">(25,171)</td>
bold;" title="">(3,674)</td>
bold;" title="">(2,679)</td>
bold;" title="">(11,740)</td>
bold;" title="">(9,167)</td>
bold;" title="">(3,997)</td>
bold;" title="">(26,597)</td>
bold;" title="">(26,375)</td>
bold;" title="">(24,621)</td>
bold;" title="">(33,982)</td>
</tr>
Equivalents at Beginning of the Period (US$ thousand)</td>
</tr>
Equivalents at End of the Period (US$ thousand)</td>
</tr>
<tr class="FundtoFooterRow">
</tr><tr><td> </td></tr><tr><td colspan="25" style="height: 19px">
</td></tr>
</table>
</td>
</tr>
</table>
</body>
</html>

StatementofCashFlow (IndirectMethod)

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

StatementofCashFlow (IndirectMethod)

Uploaded by

Copyright:

Available Formats

<table cellpadding="2" cellspacing="1" class="FundtoTable" style="width:100%">

<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN"

You might also like