Mota-Engil Overview
Mota-Engil SGPS
Engineering & Environment & Transport
Industry & Energy
Construction Services Concessions
Metallic Waste Toll-road
Portugal
Structures Management Concessions
Real Estate Eastern RenewableE Water Other
Portugal Europe nergies Distribution Concessions
Other Public
Angola
Countries Services
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Mota-Engil key figures
2005
2003 2004 2006
proforma
Turnover 1.050.652 1.169.252 1.314.548 1.308.233
% growth 15% 11% 12% 0%
EBITDA 119.523 132.514 144.625 141.738
mg 11,4% 11,3% 11,0% 10,8%
EBIT 57.259 71.738 87.600 84.194
mg 5,4% 6,1% 6,7% 6,4%
Net income 15.383 22.339 30.407 32.205
Total assets 1.208.117 1.336.939 1.526.211 1.734.992
(Figures in thousand €)
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Lusoponte - pioneer transport PPP project in Portugal.
• Mota is one of the original
shareholders.
• Vasco da Gama Bridge opened
to traffic in 1998.
• Traffic volumes above base
case forecasts.
• Succesfully refinanced in 2000.
• Possibility of a third crossing over
the Tagus in the Lisbon area.
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10 years - 1997-2007
Construction of 1,350 Km
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Achievements of the Portuguese PPP programme
Extension of motorways Density of motorways
Km of motorway per 1.000 Km2
30,0
2.500 25,0
2.380
25,8
2.000 20,0
1.500 15,0
15,0
10,0
1.000 1.030 11,1
5,0
500
0,0
Portugal before Portugal (2006) EU-25 (2002)
0
Portugal before PPPs Portugal (2006) PPPs
Source: European Road Federation
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PPP programme 1997-2007
Invitation to
Project Type kms Current status
Tender Dates
Oeste Real Tolls 8 Feb 1997 170 Awarded to Somague
Norte Real Tolls 25 Jun 1997 170 Awarded to Mota-Engil
Beira Interior Shadow tolls 19 Dec 1997 176 Awarded to Dragados/TD
Interior Norte Shadow tolls 10 Mar 1998 149 Awarded to Effage
Algarve Shadow tolls 17 Apr 1998 127 Awarded to Ferrovial
Grande Porto Shadow tolls 29 May 1998 64 Awarded to Mota-Engil
Costa de Prata Shadow tolls 26 Jun 1998 102 Awarded to Mota-Engil
Beiras Litoral e Alta Shadow tolls 24 Jul 1998 167 Awarded to Mota-Engil
Norte Litoral Shadow tolls 23 Apr 1999 127 Awarded to Ferrovial
Litoral Centro Real Tolls 23 Jun 1999 100 Awarded to Brisa
Grande Lisboa Real Tolls 3 Nov 2003 77 Awarded to Mota-Engil
Douro Litoral Real Tolls 12 Jan 2004 120 Tender Evaluation
TOTAL 1.549
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Awarded in 2007
Real toll Concession
24 km Construction
91 km Operation
Total Investment – €290 M
Average traffic over 50,000
vehicles/day
Shareholders investment - €75 M
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Date of award 1999 2000 2001 2002 2007
Motorway Motorway Motorway
Motorway Motorway
Type of scheme (Shadow (Shadow (Shadow
(Real Toll) (Real Toll)
Toll) Toll) Toll)
Concession period (Years) 30 30 30 30 30
Length (Km) 170 101 173 64 91
Total.
Investment (M €)
1.272 499 1.130 841 290
Shareholders Equity (M €) 152 44 102 75 75
EIB Financing (M €) 449 190 470 300 105
Commercial Bank debt
and guarantees (M €)
708 414 965 687 182
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