BM&FBOVESPA S.A.

- Bolsa de Valores, Mercadorias e Futuros

Demonstraes de resultados consolidados
(Em milhares de Reais)

(Em milhares de Reais)

Receita operacional
Neg. e/ou Liq - BM&F
Derivativos
Cmbio
Ativos
Neg. e/ou Liq. - Bovespa
Negociao - emolumentos de prego
Transaes - compensao e liquidao
Outras
Outras receitas operacionais
Emprstimos de valores mobilirios
Listagem de valores mobilirios
Depositria, custdia e back-office
Acesso dos participantes de negociao
Vendors - cotaes e informaes de mercado
Bolsa Brasileira de Mercadorias
Banco
Outras
Dedues da receita
PIS e Cofins
Impostos sobre servios
Receita operacional lquida
Despesas operacionais
Pessoal e encargos
Processamento de dados
Depreciao e amortizao
Servios de terceiros
Manuteno em geral
Comunicaes
Promoo e divulgao
Impostos e taxas
Honorrios do conselho
Diversas
Resultado operacional
Resultado de equivalncia patrimonial
Resultado financeiro
Receitas financeiras
Despesas financeiras
Resultado antes da tributao sobre o lucro
Imposto de renda e contribuio social
Corrente
Diferido
Lucro lquido do perodo
Margem Lquida
Atribudos aos:
Acionistas da BM&FBOVESPA
Margem Lquida
Participao dos no controladores
EBITDA
Margem EBITDA
Mdia Ponderada de aes em circulao
LPA atribudos aos acionistas da BM&FBOVESPA (em R$)
Lucro Lquido Ajustado
Despesas Operacionais Ajustadas
EBITDA Ajustado
Margem EBITDA ajustada
LPA ajustado (em R$)

2T11

2T10

Variao
2T11/2T10
-1.5%
3.8%
4.5%
-21.5%
210.0%
-7.2%
-9.1%
-17.0%
183.2%
4.7%
39.3%
8.0%
3.0%
-10.1%
-3.1%
27.2%
29.6%
-38.7%
0.6%
-0.9%
12.1%
-1.7%
16.2%
37.0%
-6.0%
-12.3%
15.9%
9.7%
-8.9%
8.4%
59.5%
-14.1%
-8.4%
-9.4%

1T11

Variao
2T11/1T11
-0.8%
2.4%
2.6%
-7.4%
195.2%
-4.4%
-8.2%
-10.4%
232.0%
2.9%
11.7%
3.0%
3.8%
-3.1%
0.5%
-44.5%
8.2%
21.7%
0.7%
-0.2%
7.4%
-1.0%
-11.6%
-9.5%
-1.4%
-54.7%
25.4%
-3.6%
-7.4%
-20.1%
18.1%
14.2%
-0.4%
6.2%
-41.2%
12.1%
7.7%
-7.1%
2.5%
-11.8%
-43.7%
-11.3%
8.4%
545 bps

1S11

1S10

1,046,801
377,810
369,037
8,690
83
492,290
352,885
119,899
19,506
176,701
32,607
22,893
45,042
24,548
32,525
3,762
9,807
5,517
(107,005)
(93,926)
(13,079)
939,796
(355,476)
(185,625)
(46,660)
(32,395)
(21,090)
(5,214)
(12,262)
(24,091)
(6,894)
(2,948)
(18,297)
584,320
59,632
134,008
169,451
(35,443)
777,960
(212,477)
(2,683)
(209,794)
565,483
60.2%

1,041,045
354,352
344,280
10,024
48
515,803
373,368
132,514
9,921
170,890
22,865
22,265
43,160
25,877
36,447
2,170
7,219
10,887
(104,897)
(93,212)
(11,685)
936,148
(277,278)
(128,089)
(45,908)
(20,826)
(19,763)
(5,014)
(12,441)
(15,198)
(3,485)
(2,878)
(23,676)
658,870
141,843
145,120
(3,277)
800,713
(211,278)
(1,132)
(210,146)
589,435
63.0%

-5.5%
16.8%
981.6%
-2.8%
0.6%
137.0%
-0.2%
-4.1%
-279 bps

564,927
60.1%
556

590,113
63.0%
(678)

-4.3%
-292 bps
-182.0%

621,275
679,696
66.1%
72.6%
1,959,140,973 2,007,654,956
0.288354
0.293931

-8.6%
-650 bps

521,324
191,148
186,909
4,177
62
240,574
168,915
56,668
14,991
89,602
17,202
11,617
22,937
12,078
16,301
1,343
5,096
3,028
(53,685)
(46,912)
(6,773)
467,639
(166,762)
(88,172)
(23,169)
(10,101)
(11,732)
(2,559)
(5,895)
(10,700)
(3,733)
(1,572)
(9,129)
300,877
22,091
70,815
87,886
(17,071)
393,783
(99,593)
(966)
(98,627)
294,190
62.9%

528,996
184,139
178,799
5,320
20
259,309
185,739
68,277
5,293
85,548
12,345
10,754
22,270
13,431
16,819
1,056
3,931
4,942
(53,365)
(47,325)
(6,040)
475,631
(143,474)
(64,371)
(24,642)
(11,524)
(10,126)
(2,332)
(6,470)
(9,870)
(2,340)
(1,830)
(9,969)
332,157
75,536
77,612
(2,076)
407,693
(102,473)
(637)
(101,836)
305,220
64.2%

-6.3%
13.2%
722.3%
-3.4%
-2.8%
51.6%
-3.2%
-3.6%
-126 bps

525,477
186,662
182,128
4,513
21
251,716
183,970
63,231
4,515
87,099
15,405
11,276
22,105
12,470
16,224
2,419
4,711
2,489
(53,320)
(47,014)
(6,306)
472,157
(188,714)
(97,453)
(23,491)
(22,294)
(9,358)
(2,655)
(6,367)
(13,391)
(3,161)
(1,376)
(9,168)
283,443
37,541
63,193
81,565
(18,372)
384,177
(112,884)
(1,717)
(111,167)
271,293
57.5%

294,171
62.9%
19

305,646
64.3%
(426)

-3.8%
-136 bps
-104.5%

270,756
57.3%
537

8.6%
556 bps
-96.5%

313,216
343,681
67.0%
72.3%
1,958,140,957 2,007,952,039
0.150230
0.152218

-8.9%
-528 bps

1.7%
173 bps

-1.3%

308,060
65.2%
1,963,806,622
0.137873

-3.6%
15.5%
-7.8%
-459 bps
-1.1%

384,216
(140,628)
332,604
70.4%
0.195648

6.5%
2.2%
-2.8%
-130 bps
6.8%

409,150
(143,725)
323,342
69.1%
0.208948

424,304
(124,418)
350,692
73.7%
0.211312

9.0%

793,366
(284,353)
655,946
69.8%
0.404956

Variao
1S11/1S10
0.6%
6.6%
7.2%
-13.3%
72.9%
-4.6%
-5.5%
-9.5%
96.6%
3.4%
42.6%
2.8%
4.4%
-5.1%
-10.8%
73.4%
35.8%
-49.3%
2.0%
0.8%
11.9%
0.4%
28.2%
44.9%
1.6%
55.6%
6.7%
4.0%
-1.4%
58.5%
97.8%
2.4%
-22.7%
-11.3%

829,418
(239,000)
695,707
74.3%
0.413128

-1.9%
-4.3%
19.0%
-5.7%
-452 bps
-2.0%

BM&FBOVESPA S.A. - Bolsa de Valores, Mercadorias e Futuros

Consolidated Income Statement
(in thousands of BRL)

2Q11
Gross Operating Revenues
Trading / Clearing Systems - BM&F
Derivatives
Foreign Exchange
Securities
Trading / Clearing Systems-Bovespa
Trading fees
Clearing fees
Others
Other Operating Revenues
Securities Lending
Listing
Depositary, custody and back-office
Trading access (Brokers)
Vendors
Brazilian Commodities Exchange
BM&F Bank
Others
Revenue deductions
PIS and Cofins
Service tax
Net Operating Revenues
Operating Expenses
Personnel
Data processing
Deprec. and Amortization
Third Party Services
Maintenance
Communication
Marketing
Taxes
Board Compensation
Others
Operating Income
Equity account
Financial Income
Financial Revenues
Financial Expenses
Income before Taxes
Income Tax and Social Contribution
Current
Deferred
Net Income
Net Margin
Attributable to:
BM&FBOVESPAs Shareholders
Net Margin
Minority Interest
EBITDA
EBITDA Margin
Sharecount
EPS attributable to BM&FBOVESPAs Shareholders
Adjusted Net Income
Adjusted Operational Expenses
Adjusted EBITDA
Adjusted EBITDA Margin
Adjusted EPS

2Q10

521,324
191,148
186,909
4,177
62
240,574
168,915
56,668
14,991
89,602
17,202
11,617
22,937
12,078
16,301
1,343
5,096
3,028
(53,685)
(46,912)
(6,773)
467,639
(166,762)
(88,172)
(23,169)
(10,101)
(11,732)
(2,559)
(5,895)
(10,700)
(3,733)
(1,572)
(9,129)
300,877
22,091
70,815
87,886
(17,071)
393,783
(99,593)
(966)
(98,627)
294,190
62.9%

528,996
184,139
178,799
5,320
20
259,309
185,739
68,277
5,293
85,548
12,345
10,754
22,270
13,431
16,819
1,056
3,931
4,942
(53,365)
(47,325)
(6,040)
475,631
(143,474)
(64,371)
(24,642)
(11,524)
(10,126)
(2,332)
(6,470)
(9,870)
(2,340)
(1,830)
(9,969)
332,157
75,536
77,612
(2,076)
407,693
(102,473)
(637)
(101,836)
305,220
64.2%

294,171
62.9%
19

305,646
64.3%
(426)

313,216
343,681
67.0%
72.3%
1,958,140,957 2,007,952,039
0.150230
0.152218
409,150
(143,725)
323,342
69.1%
0.208948

424,304
(124,418)
350,692
73.7%
0.211312

Change
2Q11/2Q10
-1.5%
3.8%
4.5%
-21.5%
210.0%
-7.2%
-9.1%
-17.0%
183.2%
4.7%
39.3%
8.0%
3.0%
-10.1%
-3.1%
27.2%
29.6%
-38.7%
0.6%
-0.9%
12.1%
-1.7%
16.2%
37.0%
-6.0%
-12.3%
15.9%
9.7%
-8.9%
8.4%
59.5%
-14.1%
-8.4%
-9.4%

1Q11

-6.3%
13.2%
722.3%
-3.4%
-2.8%
51.6%
-3.2%
-3.6%
-126 bps

525,477
186,662
182,128
4,513
21
251,716
183,970
63,231
4,515
87,099
15,405
11,276
22,105
12,470
16,224
2,419
4,711
2,489
(53,320)
(47,014)
(6,306)
472,157
(188,714)
(97,453)
(23,491)
(22,294)
(9,358)
(2,655)
(6,367)
(13,391)
(3,161)
(1,376)
(9,168)
283,443
37,541
63,193
81,565
(18,372)
384,177
(112,884)
(1,717)
(111,167)
271,293
57.5%

-3.8%
-136 bps
-104.5%

270,756
57.3%
537

-8.9%
308,060
-528 bps
65.2%
0.0% 1,963,806,622
-1.3%
0.137873
-3.6%
15.5%
-7.8%
-459 bps
-1.1%

384,216
(140,628)
332,604
70.4%
0.195648

Change
1H11
1H10
2Q11/1Q11
-0.8%
1,046,801
1,041,045
2.4%
377,810
354,352
2.6%
369,037
344,280
-7.4%
8,690
10,024
195.2%
83
48
-4.4%
492,290
515,803
-8.2%
352,885
373,368
-10.4%
119,899
132,514
232.0%
19,506
9,921
2.9%
176,701
170,890
11.7%
32,607
22,865
3.0%
22,893
22,265
3.8%
45,042
43,160
-3.1%
24,548
25,877
0.5%
32,525
36,447
-44.5%
3,762
2,170
8.2%
9,807
7,219
21.7%
5,517
10,887
0.7%
(107,005)
(104,897)
-0.2%
(93,926)
(93,212)
7.4%
(13,079)
(11,685)
-1.0%
939,796
936,148
-11.6%
(355,476)
(277,278)
-9.5%
(185,625)
(128,089)
-1.4%
(46,660)
(45,908)
-54.7%
(32,395)
(20,826)
25.4%
(21,090)
(19,763)
-3.6%
(5,214)
(5,014)
-7.4%
(12,262)
(12,441)
-20.1%
(24,091)
(15,198)
18.1%
(6,894)
(3,485)
14.2%
(2,948)
(2,878)
-0.4%
(18,297)
(23,676)
6.2%
584,320
658,870
-41.2%
59,632
0
12.1%
134,008
141,843
7.7%
169,451
145,120
-7.1%
(35,443)
(3,277)
2.5%
777,960
800,713
-11.8%
(212,477)
(211,278)
-43.7%
(2,683)
(1,132)
-11.3%
(209,794)
(210,146)
8.4%
565,483
589,435
545 bps
60.2%
63.0%
0.0%
0
0
8.6%
564,927
590,113
556 bps
60.1%
63.0%
-96.5%
556
(678)
0.0%
0
0
1.7%
621,275
679,696
173 bps
66.1%
72.6%
0.0% 1,959,140,973 2,007,654,956
9.0%
0.288354
0.293931
0.0%
0
0
6.5%
793,366
829,418
2.2%
(284,353)
(239,000)
-2.8%
655,946
695,707
-130 bps
69.8%
74.3%
6.8%
0.404956
0.413128