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