BM&FBOVESPA S.A.

- Bolsa de Valores, Mercadorias e Futuros

Demonstrao do resultado (consolidado) / Income Statement (Consolidated)
(Em milhares de Reais, exceto quando
indicado de outra forma)

Receita Total
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
Emprstimos de valores mobilirios
Listagem de valores mobilirios
Depositria, custdia e back-office
Acesso dos participantes de negociao
Vendors - cotaes e info. de mercado
Banco BM&FBOVESPA
Outras
Dedues da receita
PIS e Cofins
Impostos sobre servios
Receita lquida
Despesas
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/comits
Diversas
Resultado operacional
Margem 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

(In thousand of Reais,

except if otherwise indicates)

Total Revenues
Trading/Settlement - BM&F
Derivatives
Foreign Exchange
Securities
Trading/Settlement - Bovespa
Trading fees
Clearing fees
Others
Other Revenues
Securities Lending
Listing
Depository, custody and back-office
Trading access (Brokers)
Vendors
BM&FBOVESPA Bank
Others
Revenue deductions
PIS and Cofins
Service tax
Net Revenues
Expenses
Personnel
Data processing
Deprec. and Amortization
Third Party Services
Maintenance
Communication
Marketing
Taxes
Board/Comittees Compensation
Others
Operating Income
Operating margin
Equity in Income of Investees
Financial Result
Financial Income
Financial Expenses
Income before Taxes
Income Tax and Social Contribution
Current
Deferred

Resultado lquido das operaes continuadas

Net income from continued operations

Resultado lquido das operaes descontinuadas

Net income from discontinued operations

Lucro lquido do perodo

Margem Lquida
Atribudos aos:
Acionistas da BM&FBOVESPA
Margem Lquida
Participao dos no controladores

Net Income
Net Margin
Attributable to:
BM&FBOVESPAs Shareholders
Net Margin
Minority Interest

Mdia Ponderada de aes em circulao

LPA atrib. aos acionistas da BM&FBOVESPA (em R$)

Sharecount
EPS attrib. to BM&FBOVESPAs Shareholders

Lucro Lquido Ajustado

Despesas Ajustadas
LPA ajustado (em R$)

Adjusted Net Income

Adjusted Expenses
Adjusted EPS

Ajustes nas Despesas

Despesas
(+) Depreciao
(+) Stock Option
(+) Imposto sobre dividendos - CME
(+) Provises
(-) Descontinuidade BBM
Despesas Ajustadas

2T15
(2Q15)
615,355
258,011
253,216
4,671
124
240,255
37,426
193,312
9,517
117,089
27,288
12,526
35,628
9,889
18,760
7,998
5,000
(60,721)
(52,868)
(7,853)
554,634
(198,017)
(103,203)
(30,774)
(28,104)
(9,900)
(3,302)
(1,046)
(1,714)
(2,056)
(2,500)
(15,418)
356,617
64.3%
40,344
71,359
123,877
(52,518)
468,320
(150,052)
(8,420)
(141,632)
318,268
-

2T14
2T15/2T14
(2Q14)
(2Q15/2Q14)
515,584
19.4%
193,839
33.1%
190,107
33.2%
3,732
25.2%
221,818
8.3%
36,386
2.9%
177,878
8.7%
7,554
26.0%
99,927
17.2%
21,340
27.9%
11,844
5.8%
29,636
20.2%
10,000
-1.1%
17,021
10.2%
6,206
28.9%
3,880
28.9%
(51,655)
17.6%
(45,106)
17.2%
(6,549)
19.9%
463,929
19.6%
(176,957)
11.9%
(85,526)
20.7%
(27,582)
11.6%
(28,017)
0.3%
(9,143)
8.3%
(2,757)
19.8%
(2,876)
-63.6%
(2,502)
-31.5%
(6,601)
-68.9%
(2,223)
12.5%
(9,730)
58.5%
286,972
24.3%
61.9%
244 bps
45,037
-10.4%
59,292
20.4%
89,500
38.4%
(30,208)
73.9%
391,301
19.7%
(140,928)
6.5%
(17,277)
-51.3%
(123,651)
14.5%
250,373

27.1%

1T15
2T15/1T15
(1Q15)
(2Q15/1Q15)
577,301
6.6%
250,939
2.8%
246,208
2.8%
4,731
-1.3%
218,096
10.2%
35,190
6.4%
179,459
7.7%
3,447
176.1%
108,266
8.1%
22,206
22.9%
12,073
3.8%
31,318
13.8%
9,830
0.6%
18,981
-1.2%
7,162
11.7%
6,696
-25.3%
(56,858)
6.8%
(49,496)
6.8%
(7,362)
6.7%
520,443
6.6%
(221,421)
-10.6%
(126,839)
-18.6%
(28,853)
6.7%
(30,593)
-8.1%
(7,135)
38.8%
(3,047)
8.4%
(2,332)
-55.1%
(1,631)
5.1%
(1,502)
36.9%
(1,907)
31.1%
(17,582)
-12.3%
299,022
19.3%
57.5%
684 bps
46,888
-14.0%
61,585
15.9%
108,731
13.9%
(47,146)
11.4%
407,495
14.9%
(127,747)
17.5%
(11,417)
-26.3%
(116,330)
21.8%
279,748
-

13.8%

(157)

318,268
57.4%

250,216
53.9%

27.2%
345 bps

279,748
53.8%

13.8%
363 bps

317,990
57.3%
278

250,077
53.9%
139

27.2%
343 bps
100.0%

279,476
53.7%
272

13.8%
363 bps
2.2%

1S15
(1H15)
1,192,656
508,950
499,424
9,402
124
458,351
72,616
372,771
12,964
225,355
49,494
24,599
66,946
19,719
37,741
15,160
11,696
(117,579)
(102,364)
(15,215)
1,075,077
(419,438)
(230,042)
(59,627)
(58,697)
(17,035)
(6,349)
(3,378)
(3,345)
(3,558)
(4,407)
(33,000)
655,639
61.0%
87,232
132,944
232,608
(99,664)
875,815
(277,799)
(19,837)
(257,962)
598,016
-

1S14
1S15/1S14
(1H14)
(1H15/1H14)
1,060,515
12.5%
420,270
21.1%
412,558
21.1%
7,712
21.9%
441,490
3.8%
71,792
1.1%
354,658
5.1%
15,040
-13.8%
198,755
13.4%
42,174
17.4%
23,636
4.1%
58,205
15.0%
19,597
0.6%
34,266
10.1%
12,660
19.7%
8,217
42.3%
(108,030)
8.8%
(94,403)
8.4%
(13,627)
11.7%
952,485
12.9%
(361,690)
16.0%
(170,461)
35.0%
(54,966)
8.5%
(57,537)
2.0%
(17,598)
-3.2%
(5,845)
8.6%
(7,078)
-52.3%
(5,130)
-34.8%
(13,605)
-73.8%
(4,292)
2.7%
(25,178)
31.1%
590,795
11.0%
62.0%
-104 bps
95,208
-8.4%
107,065
24.2%
168,607
38.0%
(61,542)
61.9%
793,068
10.4%
(286,251)
-3.0%
(36,685)
-45.9%
(249,566)
3.4%
506,817

18.0%

(379)

598,016
55.6%

506,438
53.2%

18.1%
246 bps

597,466
55.6%
550

506,219
53.1%
219

18.0%
243 bps
151.1%

1,795,780,506
0.177076

1,835,726,059
0.136228

-2.2%
30.0%

1,801,717,069
0.155116

-0.3%
14.2%

1,796,105,319
0.332645

1,839,727,630
0.275160

-2.4%
20.9%

436,799
(141,700)
0.243236

372,807
(134,136)
0.203084

17.2%
5.6%
19.8%

391,316
(138,614)
0.217190

11.6%
2.2%
12.0%

828,115
(280,314)
0.461061

748,063
(270,624)
0.406616

10.7%
3.6%
13.4%

Expenses
(+) Depreciation
(+) Stock Option
(+) Tax on dividends from the CME Group
(+) Provisions
(-) Discontinued BBM
Adjusted Expenses

(198,017)
28,104
22,110
6,103
(141,700)

(176,957)
28,017
7,591
5,279
3,130
(1,195)
(134,136)

11.9%
0.3%
191.3%
95.0%
5.6%

(221,421)
30,593
43,367
8,847
(138,614)

-10.6%
-8.1%
-49.0%
-31.0%
2.2%

(419,438)
58,697
65,477
14,950
(280,314)

(361,690)
57,537
14,450
10,814
10,882
(2,617)
(270,624)

16.0%
2.0%
353.1%
37.4%
3.6%

Ajustes nas Despesas com Pessoal

Pessoal
(+) Stock Option
Despesas de Pessoal Ajustadas

Personnel
(+) Stock Option
Adjusted Personel Expenses

(103,203)
22,110
(81,093)

(85,526)
7,591
(77,935)

20.7%
191.3%
4.1%

(126,839)
43,367
(83,472)

-18.6%
-49.0%
-2.8%

(230,042)
65,477
(164,565)

(170,461)
14,450
(156,011)

35.0%
353.1%
5.5%

Ajustes no Lucro Lquido

Lucro Lquido
(+) Stock Option
(+) Passivo diferido (benefcio fiscal do gio)
(-) Result. de equiv. patrimonial lq. de Imposto
(+) Imposto a compensar pago no exterior
Lucro Lquido Ajustado

Net Income
(+) Stock Option
(+) Deferred liability
(-) Equity in results of investees (net of taxes)
(+) Recoverable taxes paid overseas
Adjusted Net Income

317,990
12,676
137,526
(31,393)
436,799

250,077
7,591
138,644
(39,758)
16,253
372,807

27.2%
67.0%
-0.8%
-21.0%
17.2%

279,476
12,117
137,526
(37,803)
391,316

13.8%
4.6%
0.0%
-17.0%
11.6%

597,466
24,793
275,052
(69,196)
828,115

506,219
14,450
277,288
(84,394)
34,500
748,063

18.0%
71.6%
-0.8%
-18.0%
10.7%