OSX Brasil S.A. reported audited group and parent earnings results for the year ended December 31, 2014. For the period, the parent company reported loss before financial loss and taxes was BRL 4,004,843,000 against BRL 2,309,769,000 a year ago. Loss before income tax was BRL 3,996,634,000 against BRL 2,284,052,000 a year ago. Loss attributable to controlling shareholders was BRL 3,996,634,000 or BRL 1.28 per basic and diluted share against BRL 2,311,507,000 or BRL 0.75 per basic and diluted share a year ago. Net cash generated from operational activities was BRL 1,675,000 against net cash invested in operational activities of BRL 7,678,000 a year ago. Purchase of intangible was BRL 3,000 against BRL 6,398,000 a year ago.

For the period, the group reported loss before financial loss and taxes was BRL 3,925,832,000 against BRL 2,294,892,000 a year ago. Loss before income tax was BRL 4,219,410,000 against BRL 2,337,814,000 a year ago. Loss attributable to controlling shareholders was BRL 3,996,634,000 or BRL 1.28 per basic and diluted share against BRL 2,311,507,000 or BRL 0.75 per basic and diluted share a year ago. Gross income was BRL 181,987,000 against BRL 441,445,000 a year ago. Net cash generated from operational activities was BRL 407,722,000 against net cash invested in operational activities of BRL 2,570,977,000 a year ago. Acquisition of property, plant and equipment was BRL 410,240,000 against BRL 861,489,000 a year ago. The Company's consolidated indebtedness on December 31, 2014 was BRL 5,893 billion, of which 64.7% is short term and 35.3% long term. LBITDA was BRL 3,676.8 million against BRL 2,261.9 million a year ago.