Ferrovial - Informe anual 2008 / Group description / Toll roads and car parks / Chile

Toll road subject to the Revenue Distribution System (RDS) through which the concession company is guaranteed the Net Present Value (NPV) of the future cash flows from the concession contract. This is achieved through an extension of the concession period until the guaranteed level is reached in exchange for carrying out additional construction work.
Toll rates are inflation indexed, plus a road safety bonus of up to 5% The bonus paid in 2008 was 3.595%.

Toll road subject to the RDS through which the concession company is guaranteed the NPV of the future cash flows from the concession contract. This is achieved through through an extension of the concession period until the guaranteed level is reached in exchange for carrying out additional construction work.
Toll rates are inflation indexed, plus a road safety bonus of up to 5% The bonus paid in 2008 was 3.35%.

Toll road subject to the RDS through which the concession company is guaranteed the NPV of the future cash flows from the concession contract. This is achieved through through an extension of the concession period until the guaranteed level is reached in exchange for carrying out additional construction work.
Toll rates are inflation indexed, plus a road safety bonus of up to 5%. The bonus paid in 2008 was 3.28%.
Acquired through a leveraged buyout by the Concession Company without any capital contributions from Cintra.

Toll road subject to the RDS through which the concession company is guaranteed the NPV of the future cash flows from the concession contract This is achieved through through an extension of the concession period until the guaranteed level is reached in exchange for carrying out additional construction work.
Toll rates are inflation indexed, plus a road safety bonus of up to 5%. The bonus paid in 2008 was 1.88%.

Ferrovial - Annual Report 2008