FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
02.02 PROFESSIONAL EXPERIENCE AND ACADEMIC BACKGROUND OF EACH BOARD MEMBER AND EXECUTIVE OFFICER
HIDEHIRO TAKAHASHI. Born on 02/03/1956, enrolled with the CPF under nº
949.725.917-49, Mr. Takahashi has a degree in Political Science and Economics
from Waseda University. Mr. Takahashi has been an alternate member of Board of
Directors since April 2005, with a mandate that extends to the 2009 Annual
Shareholders Meeting. Currently, Mr. Takahashi is the Executive Vice-President
of Mitsui Brasileira Importação e Exportação S.A., where he has worked in the
Metallic Raw Materials and Iron Ore departments. He joined Mitsui & Co., Ltd.
in 1980, where he has held position of, amongst others, General Department
Manager of the Iron Ore Division. Nominated by the shareholder VALEPAR S.A.
RITA DE CÁSSIA PAZ ANDRADE ROBLES. Born on 01/03/1967, enrolled with the CPF
under nº 905.684.437-72, Ms. Robles has a master degree in International
Relations from the Pontifical Catholic University of Rio de Janeiro (PUC-RJ),
is an Economist and has a post-graduation degree in Finance from IBMEC-RJ. Mrs.
Robles has been an alternate member of the Board of Directors since 2005, and
her mandate extends to the 2009 Annual Shareholders Meeting. Ms. Robles is the
Manager of Benefit and Earnings Payment Administration of PREVI (Caixa de
Previdência dos Funcionários do Banco do Brasil Previ. She worked in the
area of Investment Planning in Previ from 1999 to 2004 as a Senior Technician.
She was assigned by the Banco do Brasil to the Ministry of Economy, Finance and
Planning between 1989 and 1992, when she worked in Cacex and in Planning
Assistance and from 1993 to 1999, in the Ministry of Industry, Commerce and
Tourism. Nominated by the shareholder VALEPAR S/A.
JOSÉ MAURO GUAHYBA DE ALMEIDA. Born on 03/14/1945, enrolled with the CPF under
nº 022.181.357-87, Mr. Guahyba has a degree in Law from the Federal University
of Rio de Janeiro and an Executive MBA from Banco do Brasil in Administration
through USP-SP. Mr. Guahyba has been an alternate member of Board of Directors
since April 2005, and his mandate extends to the 2009 Annual Shareholders
Meeting. In 1964, Mr. Guahyba joined Banco do Brasil S.A., and has held the
positions of Chief Coordinator of International Capital Holdings, Chief of
Staff of the International Vice President and Assistant Manager and Acting
Manager in the Brussels Branch and General Manager of the Cinelândia Branch
(RJ), and retired in 1994. He represented Banco do Brasil abroad in banks in
France and Panama. He represented PREVI in the Board of Directors of the
Companhia Siderúrgica Nacional, as an alternate, from 1995 to 1997, in SAMITRI
S.A. Mineração da Trindade, as a full member from 1995 to 2001 and in the
Belgo-Mineira Steel Company, as a full member from 2001 to 2005. Nominated by
the Shareholder VALEPAR S.A.
SERGIO RICARDO LOPES DE FARIAS. Born on 10/09/1964, enrolled with the CPF under
nº 799.861.537-00, Mr. Farias has a degree in Education from Rio de Janeiro
University, a post-graduate degree in University Staff Training from Rio de
Janeiro University and an MBA in Social Responsibility and the Third Sector
from the Institute of Economics of UFRJ. Mr. Farias has been an alternate
member of the Board of Directors since April 2005, with a mandate that extends
to the 2009 Annual Shareholders Meeting. Mr. Farias has been a member of the
Audit Committee of PREVI (2000-2002), a member of the Audit Committee of
INVEPAR (2001-2004) and a full member of the Audit Committee of VCP
(2003-2004). In 1979, Mr. Farias joined Banco do Brasil S.A., as a junior
trainee and has been a permanent member of the administrative staff of the Bank
since 1983. Mr. Farias is the Officer of Administration and Assets of the
Federation of Bank Workers of Rio de Janeiro and Espírito Santo, a member of
the Deliberative Board of the National Association of Participants in Pension
Funds, a member of the Council of Users of the Assistance Fund for Banco do
Brasil Employees and a member of the Company Commission of Banco do Brasil
Employees. Nominated by the shareholder VALEPAR S/A.
LUIZ CARLOS DE FREITAS. Born on 09/02/1952, enrolled with the CPF/MF under nº
659.575.638-20, Mr. Freitas has been a member of the Board of Directors since
April 2007, and his mandate extends to the 2009 Annual Shareholders ´ Meeting.
From 2000 until 2007, Mr.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
02.02 PROFESSIONAL EXPERIENCE AND ACADEMIC BACKGROUND OF EACH BOARD MEMBER AND EXECUTIVE OFFICER
Freitas has been Bradespars S.A. Superintendent. The
shareholder VALEPAR S.A nominated him.
CAIO MARCELO DE MEDEIROS NETO. Born on 10/25/1972, enrolled with the CPF/MF
under nº 376.763.691-34, Mr. Souza has a degree in Economics from Universidade
de Brasília. Mr. Souza has been a member of the Board of Directors since April
2007, and his mandate extends to the 2009 Annual Shareholders ´ Meeting. From
2000 to 2001 Mr. Medeiros was a member of Investment Committee of Santander
Private Equity Investment Fund, and a member to Tupy S.A. Fiscal Council. From
2003 to 2006 he was a member of Aço Villares Board of Directors and from 2005
to 2006 he was a member of Tecnologos S.A. Board of Directors. Since August
1998 Mr. Medeiros has held a variety of positions in Banco Nacional de
Desenvolvimento (BNDES), and nowadays he is a Manager responsible for Capital
Market. He is also a member to the board of directors of América Latina
Logística and of Klabin. The shareholder VALEPAR S.A nominated him.
JOÃO MOISÉS DE OLIVEIRA. Born on 03/06/1945, enrolled with the CPF under nº
090.620.258-20, Mr. Oliveira has a degree in Economics, from the Faculty of
Economics, Accounting and Actuarial Studies of the Pontifical Catholic
University. Mr. Oliveira has been an alternate member of the Board of Directors
of CVRD since April 2005, and his mandate extends to the 2009 Annual
Shareholders Meeting. He has already held the positions of member and
alternate member of CVRD. He joined Banco Bradesco S.A. in 1962, where he has
held various positions, such as Manager/Head of Department from 1982 to 1983
and Department Officer from 1992 to 2000. From 1983 to 1992 he was Officer of
Bradesco Previdência e Seguros S.A. In 1984 he also assumed the position of
Officer of Bradesco S.A. Corretora de Títulos e Valores Mobiliários, where in
1985 he was nominated Chief Executive Officer, a position he held until 1992.
He has been Chief Executive Officer of Bradespar S.A. and Bradesplan
Participações S.A. He was a member of the Board of Directors of the following
companies: COFAP (Companhia Fabricadora de Peças), Companhia Siderúrgica Belgo
Mineira, Companhia Siderúrgica Nacional, Indústria Romi S.A., Metal Leve S.A.
Indústria e Comércio, São Paulo Alpargatas S.A., Telecelular Sul Participações
S.A. Tigre S.A. Tubos e Conexões, etc.. Nominated by the shareholder VALEPAR
S.A.
ROGER AGNELLI. Born on 05/03/1959, enrolled with the CPF/MF under No.
007.372.548-07, Mr. Agnelli is an economics graduated by Armando Álvares
Penteado Foundation FAAP, São Paulo. Roger Agnelli was appointed CEO and
President of Companhia Vale do Rio Doce (CVRD) in July 2001. Prior to his
appointment, he was the Chairman of the Board of Directors of CVRD from May
2000 until July 2001. Mr. Agnelli developed his professional career at the
Bradesco financial group from 1981 to 2001, where he reached the position of
executive director of Bank Bradesco in 1998, remaining in that office until the
year 2000; he also was President and CEO of Bradespar from March 2000 to July
2001. Due to his activities in the areas of investment, mergers and
acquisitions, and asset management, he was a member of the board of directors
of several major companies in Brazil, such as Companhia Paulista de Força e
Luz, Companhia Siderúrgica Nacional, Latas de AlumínioLATASA, VBC Energia,
Brasmotor, Mahle Metal Leve, Rio Grande Energia, and Serra da Mesa Energia. Mr
Agnelli was also a director of UGB Participações and Vice-President of ANBID
Brazils National Association of Investment Banks. He is a member of the
Economic and Social Development Council (CDES), an advisory body to the
President of Brazil, and a member of the International Investments Council,
formed to advise the President of the Republic of South Africa, Dr.Thabo Mbeki.
Mr Agnelli is a member of the board of directors of Asea BrownBoveri (ABB), of
Spectra Energy Corporation and Suzano Petroquímica S.A. and vice-president of
the board of the Brazilian Symphonic Orchestra and vice-president of the Centro
Industrial of Rio de Janeiro. He recently became a member of the International
Advisory Committee of the New York Stock Exchange (NYSE), a member of the board
of directors of Petrobras Petróleo Brasileiro S.A. and a member of the the
Conselho Consultivo do Setor PrivadoConex.
FABIO DE OLIVEIRA BARBOSA. Born on 12/31/1960, enrolled with the CPF/MF under
No. 359.558.996-34, Mr. Barbosa is an economics graduated by the Federal
University of Minas Gerais, with a Masters Degree in Economic Theory by the
University of Brasília (UnB). He was elected Chief Financial Officer of CVRD in
May 2002, with a term of office up to May 2007.Until May 2006, he was Chairman
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
02.02 PROFESSIONAL EXPERIENCE AND ACADEMIC BACKGROUND OF EACH BOARD MEMBER AND EXECUTIVE OFFICER
of the Board of Directors of Caemi. From April 2000 to March 2002, he held the
position of member of the CVRD Board of Directors. Previously, he had been
Chairman of the Board of Directors of Banco do Estado de São Paulo (BANESPA)
and also served as board member of the following companies: Banco do Brasil
S.A., Caixa Economica Federal, Companhia Siderúrgica de Tubarão and Telesp S/A-
Telecomunicações de São Paulo. He was Secretary of the National Treasury at the
Ministry of Finance, between July 1999 and April 2002, after having acted as
Assistant Secretary of STN in charge of federal public debt administration from
1995 to 1999. From 1992 to 1995 he served as Advisor
to the Executive Board of
the World Bank, in Washington-DC, United States. From 1990 to 1992 he was
Deputy and Head of the Fiscal Policy Unit at the Ministry of Economy and
Finance. From 1988 to 1990, he was Economic Advisor and Head of the
Macroeconomic Analysis Unit, at the Department of Economic and Social Planning
of the Ministry of Planning. Prior to that time, Mr. Barbosa held several
positions at IPEA (Ministry of Planning), Ministry of Industry and Commerce,
Paraná State Development Institute, the Ministry of Labor and the Ministry of
Applied Economy Research.
JOSÉ CARLOS MARTINS Born on 02/05/1950, enrolled with the CPF/MF under No.
304.880.288-68. Mr. Martins has a B.A. degree in Economics from Pontifícia
Universidade Católica de São Paulo (PUC SP).In April 2004, Mr. Martins was
originally appointed as CVRDs Executive Officer of holdings, energy and
business development and, in April 2005, Mr. Martins was appointed as an
Executive Officer of our ferrous minerals division, with a term of office up to
May 2005. Mr. Martins has over 30 years of experience in metal industry. He was
an Officer and President of Aços Villares from 1986 to 1996, and Chief Managing
Officer of the Steel area at Companhia Siderúrgica Nacional , from 1997 to
1999. In 1999, Mr. Martins became President of Latasa, one of the largest
aluminum can producers in Latin America. Upon the purchased of Latasa by Rexam,
a United Kingdom company, in 2003, Mr. Martins became President and Chief
Executive Officer of Rexams South American beverage can division, Rexame
Beverage Can South America.
GABRIEL STOLIAR. Born on 03/18/1954, enrolled with the CPF/MF under No.
402.763.927-87, Mr. Stoliar obtained a Production Engineering degree from the
Federal University of Rio de Janeiro (UFRJ), a post-graduate degree in
Production Engineering-industrial and transportation project area
(PIT)-COPPEAD/UFRJ and an MBA/Executive-PDG/EXEC in Rio de Janeiro. Since
October 2001, Mr.Stoliar was appointed as the Chief Planning and Control
Officer of CVRD, and currently oversees business development and investments in
the steel industry. In September 1997, Mr. Stoliar was originally elected
Executive Officer of the Corporate Center and Investor Relations. In 1994, he
was appointed director of BNDESPAR. He is also Director of Usiminas and Pará
Pigmentos S.A. In 1991, he took over the position of Superintendent of
Operating Division, responsible for the areas of Mining, Metallurgy, Chemicals,
Petrochemical, Pulp and Paper of BNDESPAR. In 1988, he was appointed by
BNDESPAR as Manager of Operations in the Capital, Electronics and Consumer
Goods. In 1982, he was promoted to Manager of BNDES for the Project Area of
FINSOCIAL. In 1978, he joined BNDES as Analyst in the area of Pulp, Paper and
Petrochemicals. He started his career as a business organization analyst at the
Institute of Economic and Management Development of Firjan Federation of
Industries of Rio de Janeiro.
MURILO PINTO DE OLIVEIRA FERREIRA. Born on 06/22/1953, enrolled with the CPF/MF
under No. 212.466.706-82, Mr. Ferreira has a Business Administration degree
from Getúlio Vargas Foundation of São Paulo (FGV SP) and Business
Administration post-graduate degree from Getúlio and has conducted
post-graduate studies in several institutions in Brazil and abroad. He was
appointed CVRD Incos President and Chief Executive Officer in January 2007 and
continues to serve on the CVRD Executive Board. He oversees the Companys
nickel business, as well as marketing and sales of copper and aluminum
products. He joined CVRD in 1977 and has a large experience in several areas of
the Company, particularly in aluminum and ferroalloys. In 1998, he was
appointed executive officer of Commerce and Finance at Vale do Rio Doce
Alumínio S.A. Aluvale, which was incorporated by CVRD in December 2003. From
2004 up to April 2005 he held the position of CVRDs Aluminum Department
Officer. He is Chief Executive Officer of Albras Alumínio Brasileiro S.A.
and Alunorte Alumina do Norte do Brasil S.A., position occupied until March
2005, when he was elected Chairman of the Board of Directors. He is, still,
member of the Board of Directors of Mining of Rio do Norte S.A. (MRN) and
Valesul Alumínio S.A.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
02.02 PROFESSIONAL EXPERIENCE AND ACADEMIC BACKGROUND OF EACH BOARD MEMBER AND EXECUTIVE OFFICER
JOSÉ AUTO LANCASTER OLIVEIRA. Born on 03/26/1947, enrolled with the CPF under
No. 312.786.717-49, Mr. Oliveira is a Geologist graduate by the Federal
University of Minas Gerais and has a Ph. D degree in Economic Geology by Mackay
School of Mines, from the University of Nevada, Reno, United States of America.
He was appointed as an Executive Officer of the Non-Ferrous Mineral Division in
September 2004 and currently oversees the Companys coal business and aluminum
operations.. Prior to that, he was exploration manager of the Brazilian branch
of British Petroleum in the period from 1985 to 1989. He is Officer of
Compañia Minera Andino Brasileira Ltd., Compañia Minera Latino Americana Ltda.,
Tethys Mining LLC and Vale do Rio Doce Kaolin S.A., and also a member of the
Board of Directors of Canico Resources Corp.
EDUARDO DE SALLES BARTOLOMEO. Mr. Bartolomeo was appointed as an executive
officer of our logistics division in December 2006. Previously, Mr. Bartolomeo
served as logistics operations department officer from January 2004 to July
2006. Thereafter, Mr. Bartolomeo worked as CEO of PETROFLEX from August to
December 2006. He started his career at COSIPA Cia. Siderúrgica Paulista
as a trainee in 1988 and was promoted to head officer of the slab conditioning
and conversion department, in 1989, where he stayed until1991. From 1994 to
2003, Mr. Bartolomeo worked for AMBEV Cia. de Bebidas das Américas, where he
held a variety of positions, including regional plant officer. Mr. Bartolomeo
obtained a metallurgical engineering degree from the Universidade Federal
Fluminense UFF and an MBA from the Catholic University of Leuven, Belgium.
CARLA GRASSO. Born on 02/03/1962, enrolled with the CPF/MF under No.
313.335.241-53, Mrs. Grasso has both a B.A. and a M.A. degree in Economics from
the University of Brasília (UnB). Mrs. Grasso was appointed Executive Officer
of the Human Resources and Corporate Services Area of CVRD, in October 2001,
with a term of office up to May 2007. Mrs. Grasso had already acted as CVRDs
personal management and IT Officer to CVRDs Corporate Center, from December
1997 to October 2001. Before joining CVRD, Mrs. Grasso acted as secretary of
the Brazilian Supplementary social security office. From January 1994 to
November 1997, as advisor to the Ministry of Social Security, from December
1992 to December 1993, as deputy coordinator of fiscal policy at the Ministry
of Finance, from October to December 1992; as finance advisor and coordinator
of the Macroeconomics and Social areas of the Brazilian Presidency Office, from
March 1990 to October 1992, as advisor to the Minister of Planning, from
November 1988 to March 1990; and as advisor to the Presidency of Sebrae
Serviço Brasileiro de Apoio a Pequena e Media Empresa, from January to November
1988. In 1997, she was appointed an Executive Officer of Fundação Vale do Rio
Doce de Habitação e Desenvolvimento Social (FVRD).
TITO
BOTELHO MARTINS JÚNIOR. Born on 09/24/1962, CPF/MF under nº
501.888.956-04. Mr. Martins was appointed as an executive officer of the
corporate affairs area in April 2006, and currently oversees the Companys
energy investments. Mr. Martins has a B.A. degree in economics from the
Universidade Federal de Minas Gerais (UFMG), masters in Administration from
IEAD/UFRJ and has conducted post-graduate studies in several institutions in
Brazil and abroad. Mr. Martins joined CVRD in 1985 and has broad experience in
corporate finance issues. He was CVRDs Head officer of the Corporate Finance
department between August 1999 and September 2003 and also chief financial
officer of FCA. Mr. Martins has served in a variety of positions in companies
affiliated to CVRD, such as FCA, Samarco, Ferroba
n, Açominas, Gulf Industrial
Investment Corporation, Itabrasco and Hispanobrás. From October 2003 until
December 2006 Mr. Martins was the Chief Executive Officer of Caemi. From
September 2004 until March 2007, Mr. Martins was also the chief executive
officer of MBR.
ANÍBAL
MOREIRA DOS SANTOS. Born on 08/26/1938 and enrolled with the CPF under
No. 011.204.567-87, Mr. Santos was elected as a
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
02.02 PROFESSIONAL EXPERIENCE AND ACADEMIC BACKGROUND OF EACH BOARD MEMBER AND EXECUTIVE OFFICER
member of the CVRD Fiscal
Council since July 2005, and shall hold this position until the Shareholders
Meeting in 2008, having occupied the position of alternate member of Fiscal
Council from April to July of 2005. He holds masters in Technical Accountancy
by Fundação Getúlio Vargas Technical School. From 1962 to 1965, he held the
position of Senior Auditor at Arthur Andersen. Mr. Santos has already
integrated the Fiscal Council of Cadam S.A., from 1999 to 2003. Furthermore, he
was an Alternate Member of the Board of Directors Empreendimentos Brasileiros
de Mineração S.A. and of Minerações Brasileiras Reunidas S.A.. He was also
Member of the Executive Office of Caemi Canadá Inc., Caemi Canadá Investments
Inc., Caemi International Holdings BV, Caemi International Investments NV and
CMM Overseas Ltd. He joined Caemi Group in 1965, where he held several
positions, among them, Chief Accounting Officer, from 1983 to 2003. The
shareholder VALEPAR S.A nominated him.
MARCELO
AMARAL MORAES. Born on 07/10/1967 and enrolled with the CPF under No.
929.390.077-72, Mr. Moraes holds a Bachelors Degree in Economics from the
Federal University of Rio de Janeiro FEA/UFRJ (1990) and a Masters Degree
in Business Administration from the Federal University of Rio de Janeiro
COPPEAD/UFRJ (1993). Mr. Moraes is a current member of the Fiscal Council since
April 2004 and holds this office until the next Shareholders Meeting in 2008.
He worked for several years in areas regarding mergers and capital acquisition
for the Banks Bozano, Simonsen and Cindam. He was an alternate member of the
Boards of Directors of Companhia Vale do Rio Doce, in 2003 and Net Serviços
Comunicação, in 2004.He joined Darby Stratus in August 2006 as Director
responsible for the development of Darby Brazil Mezzazine Fund. Prior to
joining Darby, Mr. Moraes worked at Bradespar S.A. as an Investment Manager for
six years, since 2000. The shareholder VALEPAR S.A nominated him.
OSWALDO
MÁRIO PÊGO DE AMORIM AZEVEDO. Born on 06/23/1941 and enrolled with the
CPF under No. 005.065.327-04, Mr. Amorim holds a Bachelors Degree Industrial
and Production Engineering from the Pontifical Catholic University of Rio de
Janeiro. He was elected as alternate member of the CVRD Fiscal Council since
July 2005 with a term of office until the next Shareholders Meeting to be held
in 2008, having occupied the position of member of the Fiscal Council of CVRD
from April/2004 to July/2005. In addition, he has held the position of Vice
President of International Operations for Sul América Seguros (Insurance
Company) since January/1996 and Vice President of the National Federation of
Private Insurance and Capitalization Companies (FENASEG). From Janeiro/1964 to
March/1975 he held the position of engineer at CVRD. From 1975 to the present
date he has held several positions in the area of insurance, among which are
Officer of Planning for Sul América Seguros and Executive President of Sul
América Unibanco Segurador (Insurance Company), an association between Sul
America and Unibanco, nominated by the shareholder VALEPAR.
MARCOS
COIMBRA. Born on 03/1944, CPF under nº 005.596.447-87. Mr. Coimbra
was elected as a member of the fiscal council of CVRD in April 2006. Mr. Appy
received a B.A. in Economics from the Universidade do Estado do Rio de Janeiro,
and concluded his masters and especializations in educational administration at
Universidade Metodista de Piracicaba. From 1971 to 2000, Mr. Coimbra was a
professor of Economics at Universidade Cândido Mendes, and, from 1993 to 1995,
he was chief of the Quantitative Theory Departament
of Universidade do Estado
do Rio de Janeiro. From 1987 to 1993, Mr. Coimbra held a director position at
Associação dos Diplomados da Escola Superior de Guerra, where he had been
previously chief of the Economics Issues Department from 1986 to 1994. Mr.
Coimbra also was a especial consultant for of the Assembléia Legislativa do
Estado do Rio de Janeiro, from 1995 to 2003. Mr. Coimbra was also an officer of
Centro Universitário Bennett e and of Planec Ltda, as well as member of the
board of Grande Oriente do Brasil. Appointed by VALEPAR S.A
JOSÉ
BERNARDO DE MEDEIROS NETO. Born on 05/26/1938, enrolled with the CPF under
No. 055.573.740-49, Mr. Medeiros Neto has a degree in law from Universidade
Federal do Rio Grande do Sul. Mr. Medeiros is a member of the Fiscal Council
since April/2005 and shall hold this term of office until the next
Shareholders Meeting to be held in 2008. Mr. Medeiros Neto is a retired
employee of the Banco do Brasil where he worked from April 1957 until 1974, and
held various positions. He held the position of Executive Vice-President of
the Rio Grand do Sul State Development Bank (BADESUL) from 1975 to 1980,
working in the administration and operations area. He was Chief Executive
Officer of the Banrisul Financeira S.A. from 1980 to 1982.. Currently holds the
position of President of the AFABB-RS and ANABB the association of former
employees of Banco do Brasil S.A. He was the president of Previs Fiscal
Council from 2002
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
02.02 PROFESSIONAL EXPERIENCE AND ACADEMIC BACKGROUND OF EACH BOARD MEMBER AND EXECUTIVE OFFICER
to 2006 and of Gerdau from 2003 to 2005 and is currently
editing a book about fiscal councils in companies and pension funds. The
shareholder VALEPAR S.A nominated him.
BERNARD
APPY. Born on 02/02/1962, CPF/MF under nº 022.743.238-01, Mr.
Appy was appointed as a member of the fiscal council of CVRD in April 2006 and
his mandate extends to the 2008 Annual Shareholders Meeting. Mr. Appy received
a B.A. in Economics from the Universidade de São Paulo FEA/USP, and
concluded M.A. classes in Economics at Universidade Estadual de Campinas
UNICAMP. Since April 2006 he holds the office of Deputy Minister of the
Ministry of Finance of Brazil, which he previously held from January 2003 to
May 2005. From May 2005 to March 2006, he held the position of Secretary for
Economic Policies at the Ministry of Finance of Brazil. Since 1997, Mr. Appy
is a member of faculty of the Economics Department of the School of Business,
Economics and Accounting of Pontifícia Universidade Católica de São Paulo
PUC-SP. From 1995 to 2002, he was a partner of LCA Consultores Ltda., a
consulting firm in economics. Appointed by holders of preferred class A
shares.
TARCÍSIO
JOSÉ MASSOTE DE GODOY. Born on 04/5/1964 and enrolled with the CPF
under No. 316.688.601-04 and holds a Bachelors Degree in Civil Engineering and
a Graduate Degree in Geotechnology from the University of Brasilia, Mr. Godoy
was elected alternate member of the CVRD Fiscal Council on August 2004, for a
term of office until the next Shareholders Meeting to be held in 2008. Mr.
Godoy is currently Assistant Secretary of the Brazilian National Treasury. He
has held several positions in the federal government, particularly: General
Coordinator for Assumption and Restructuring Liabilities and General
Coordinator for Public Debt Administration with the Brazilian National
Treasury; Assistant Secretary and General Coordinator of the Social Security
and Welfare Ministry. He was Officer of the Social Security Foundation (GEAP)
and Consultant for the Economic Commission for Latin American and Caribbean
(CEPAL) and Century Economic Consultants. He participated in Fiscal Council as
the Brazilian governments representative in the following State companies:
Siderurgia Brasileira S/A (SIDERBRÁS), Companhia Estadual de Gás do Estado
do Rio de Janeiro (CEG/RJ), Companhia Docas do Estados do Rio de Janeiro
(CDRJ), the Social Security Data Processing Company (DATAPREV), Empresa de
Telecomunicações do Rio de Janeiro (TELERJ), Banco do Brasil Investimento
(BBI). He
is currently a member of the Board of Directors of SERPRO, member of
the Fiscal Council of Banco do Brasil Distribuidora de Valores Mobiliários
BBDTVM, the Fiscal Council for the Federal Economists Foundation (FUNCEF).
He was elected by the holders of Class A preferential shares.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
03.01 EVENTS RELATIVE TO THE DISTRIBUTIONS OF THE STOCK CAPITAL
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
APPROXIMATE NUMBER OF OTHER SHAREHOLDERS |
|
|
|
|
1 - BASIC EVENT |
|
2 - DATE OF THE EVENT |
|
3 - NATURAL PERSONS AND LEGAL ENTITIES |
|
4 - INSTITUTIONAL INVESTORS |
|
5 - SHAREHOLDERS' AGREEMENTS |
|
6 - PREFERRED SHARES WITH RIGHT TO VOTE |
OGM
|
|
04/27/2007
|
|
67,067
|
|
2,544
|
|
YES o
|
|
NO þ
|
|
YES þ
|
|
NO o
|
|
RESTRICT o |
7 PREFERRED SHARES WITH RIGHT TO VOTE
PNA
8 DATE OF THE SHAREHOLDERS AGREEMENTS
SHARES OUTSTANDING
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
COMMON |
|
PREFERRED |
|
TOTAL |
|
15 - PREFERRED |
9 - QUANTITY (UNITY) |
|
10 - PERCENTUAL |
|
11 - QUANTITY (UNITY) |
|
12 - PERCENTUAL |
|
13 - QUANTITY (UNITY) |
|
14 - PERCENTUAL |
|
CLASS |
|
QUANTITY (UNITY) |
|
PERCENTUAL |
687,313,572
|
|
45.82
|
|
944,587,556
|
|
98.41
|
|
1,631,901,128
|
|
66.35
|
|
PNA
|
|
944,587,556
|
|
98.41 |
|
|
|
03.02 |
|
SHARE POSITION OF SHAREHOLDERS WITH OVER 5% OF THE VOTING SHARES IN CASE OF LEGAL
ENTITY, INFORM THE CONTROLLING PARTIES TO THE LEVEL OF NATURAL PERSON, IN APPENDIX 01 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
8 - |
|
CLASS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
13 - SHAREHOLDERS' |
|
|
|
|
|
|
1 - |
|
|
|
|
|
|
|
5 - FEDERAL |
|
6 - COMMON |
|
|
|
|
|
PREFERRED |
|
PREFERRED |
|
|
|
|
|
10 - TOTAL |
|
|
|
|
|
12 - SHAREHOLDING |
|
AGREEMENT |
|
|
|
|
|
|
ITEM |
|
2 - NAME/COMPANY NAME |
|
3 - CPF/CNPJ |
|
4 - NATIONALITY |
|
UNIT |
|
SHARES |
|
7 - % |
|
SHARES |
|
SHARES |
|
9 - % |
|
SHARES |
|
11 - % |
|
COMPOSITION |
|
INTEREST |
|
14 - CONTROLLER |
|
|
|
|
001 |
|
BNDES PARTICIPAÇÕES S.A |
|
00.383.281/0001-09 |
|
Brazilian |
|
RJ |
|
|
100,578,860 |
|
|
|
6.70 |
|
|
|
728,668 |
|
|
A |
|
|
0.08 |
|
|
|
101,307,528 |
|
|
|
4.12 |
|
|
04/30/2007 |
|
|
|
NO |
|
|
|
|
002 |
|
VALEPAR |
|
01.772.413/0001-57 |
|
Brazilian |
|
RJ |
|
|
784,294,266 |
|
|
|
52.29 |
|
|
|
|
|
|
|
|
|
|
|
|
|
784,294,266 |
|
|
|
31.89 |
|
|
04/30/2007 |
|
|
|
YES |
|
|
|
|
997 |
|
TREASURY STOCK |
|
|
|
|
|
|
|
|
28,291,020 |
|
|
|
1.89 |
|
|
|
15,170,644 |
|
|
A |
|
|
1.58 |
|
|
|
43,461,664 |
|
|
|
1.76 |
|
|
04/30/2007 |
|
|
|
NO |
|
|
|
|
998 |
|
OTHERS |
|
|
|
|
|
|
|
|
586,734,712 |
|
|
|
39.12 |
|
|
|
943,858,888 |
|
|
A |
|
|
98.34 |
|
|
|
1,530,593,600 |
|
|
|
62.23 |
|
|
04/30/2007 |
|
|
|
NO |
|
|
|
|
99 |
|
TOTAL |
|
|
|
|
|
|
|
|
1,499,898,858 |
|
|
|
100.00 |
|
|
|
959,758,200 |
|
|
A |
|
|
100.00 |
|
|
|
2,459,657,058 |
|
|
|
100.00 |
|
|
04/30/2007 |
|
|
|
|
|
|
|
|
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
03.03 STOCK CAPITAL DISTRIBUTION AMONG CONTROLLERS
|
|
|
|
|
1 - ITEM |
|
2 - INVESTOR |
|
3 - DATE OF THE SOCIAL CAPITAL'S COMPOSITION |
002
|
|
VALEPAR
|
|
04/30/2007 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 - |
|
|
|
|
|
|
|
5 - FEDERAL |
|
6 - COMMON |
|
|
|
|
|
8 - PREFERRED |
|
|
|
|
|
10 - TOTAL SHARES |
|
|
|
|
|
12 - STOCK CAPITAL |
ITEM |
|
2 - NAME/COMPANY NAME |
|
3 - CPF/CNPJ |
|
4 - NATIONALITY |
|
UNIT |
|
SHARES |
|
7 - % |
|
SHARES |
|
9 - % |
|
(UNIT) |
|
11 - % |
|
COMPOSITION |
02002 |
|
Litel Participações S.A. |
|
00.743.065/0001-27 |
|
Brazilian |
|
RJ |
|
|
315,982,596 |
|
|
|
49.00 |
|
|
|
99,568,944 |
|
|
|
71.41 |
|
|
|
415,551,540 |
|
|
|
52.99 |
|
|
04/30/2007 |
02004 |
|
Eletron S.A. |
|
00.514.998/0001-42 |
|
Brazilian |
|
RJ |
|
|
188,718 |
|
|
|
0.03 |
|
|
|
|
|
|
|
|
|
|
|
188,718 |
|
|
|
0.02 |
|
|
04/30/2007 |
02003 |
|
Litela Participações S.A. |
|
05.495.546/0001-84 |
|
Brazilian |
|
RJ |
|
|
|
|
|
|
|
|
|
|
39,862,884 |
|
|
|
28,59 |
|
|
|
39,862,884 |
|
|
|
5.08 |
|
|
04/30/2007 |
02006 |
|
Mitsui & Co., Ltd. |
|
|
|
Japanese |
|
|
|
|
117,644,142 |
|
|
|
18.24 |
|
|
|
|
|
|
|
|
|
|
|
117,644,142 |
|
|
|
15.00 |
|
|
04/30/2007 |
02001 |
|
BNDES Participações |
|
00.383.281/0001-09 |
|
Brazilian |
|
RJ |
|
|
74,250,000 |
|
|
|
11.52 |
|
|
|
|
|
|
|
|
|
|
|
74,250,000 |
|
|
|
9.47 |
|
|
04/30/2007 |
02005 |
|
Bradespar S.A. |
|
03.847.461/0001-92 |
|
Brazilian |
|
RJ |
|
|
136,796,982 |
|
|
|
21.21 |
|
|
|
|
|
|
|
|
|
|
|
136,796,982 |
|
|
|
17.44 |
|
|
04/30/2007 |
02999 |
|
TOTAL |
|
|
|
|
|
|
|
|
644,862,438 |
|
|
|
100.00 |
|
|
|
139,431,828 |
|
|
|
100.00 |
|
|
|
784,294,266 |
|
|
|
100.00 |
|
|
|
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
03.03 STOCK CAPITAL DISTRIBUTION AMONG CONTROLLERS
|
|
|
|
|
1 - ITEM |
|
2 - INVESTOR |
|
3 - DATE OF THE SOCIAL CAPITAL'S COMPOSITION |
02002
|
|
Litel Participações S.A.
|
|
04/30/2007 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 - FEDERAL |
|
6 - COMMON |
|
|
|
8 - PREFERRED |
|
|
|
10 - TOTAL SHARES |
|
|
|
12 - STOCK CAPITAL |
1 - ITEM |
|
2 - NAME/COMPANY NAME |
|
3 - CPF/CNPJ |
|
4 - NATIONALITY |
|
UNIT |
|
SHARES |
|
7 - % |
|
SHARES |
|
9 - % |
|
(UNIT) |
|
11 - % |
|
COMPOSITION |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
03.03 STOCK CAPITAL DISTRIBUTION AMONG CONTROLLERS
|
|
|
|
|
1 - ITEM |
|
2 - INVESTOR |
|
3 - DATE OF THE SOCIAL CAPITAL'S COMPOSITION |
02004
|
|
Eletron S.A.
|
|
04/30/2007 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 - FEDERAL |
|
6 - COMMON |
|
|
|
8 - PREFERRED |
|
|
|
10 - TOTAL SHARES |
|
|
|
12 - STOCK CAPITAL |
1 - ITEM |
|
2 - NAME/COMPANY NAME |
|
3 - CPF/CNPJ |
|
4 - NATIONALITY |
|
UNIT |
|
SHARES |
|
7 - % |
|
SHARES |
|
9 - % |
|
(UNIT) |
|
11 - % |
|
COMPOSITION |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
03.03 STOCK CAPITAL DISTRIBUTION AMONG CONTROLLERS
|
|
|
|
|
1 - ITEM |
|
2 - INVESTOR |
|
3 - DATE OF THE SOCIAL CAPITAL'S COMPOSITION |
02003 |
|
Litela Participações S.A. |
|
04/30/2007 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 - FEDERAL |
|
6 - COMMON |
|
|
|
|
|
8 - PREFERRED |
|
|
|
|
|
10 - TOTAL SHARES |
|
|
|
|
|
12 - STOCK CAPITAL |
1 - ITEM |
|
2 - NAME/COMPANY NAME |
|
3 - CPF/CNPJ |
|
4 - NATIONALITY |
|
UNIT |
|
SHARES |
|
7 - % |
|
SHARES |
|
9 - % |
|
(UNIT) |
|
11 - % |
|
COMPOSITION |
2003001 |
|
Litel Participações S.A. |
|
00.743.065/0001-27 |
|
Brazilian |
|
RJ |
|
|
28.386.274 |
|
|
|
100,00 |
|
|
|
|
|
|
|
|
|
|
|
28.386.274 |
|
|
|
100,00 |
|
|
04/30/2007 |
2003999 |
|
Total |
|
|
|
|
|
|
|
|
28,386,274 |
|
|
|
100,00 |
|
|
|
|
|
|
|
|
|
|
|
28,386,274 |
|
|
|
100,00 |
|
|
|
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
03.03 STOCK CAPITAL DISTRIBUTION AMONG CONTROLLERS
|
|
|
|
|
1 ITEM
|
|
2 INVESTOR
|
|
3 DATE OF THE SOCIAL CAPITALS COMPOSITION |
02006
|
|
Mitsui & Co., Ltd.
|
|
04/30/2007 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 - FEDERAL |
|
6 - COMMON |
|
|
|
8 - PREFERRED |
|
|
|
10 - TOTAL SHARES |
|
|
|
12 - STOCK CAPITAL |
1 - ITEM |
|
2 - NAME/COMPANY NAME |
|
3 - CPF/CNPJ |
|
4 - NATIONALITY |
|
UNIT |
|
SHARES |
|
7 - % |
|
SHARES |
|
9 - % |
|
(UNIT) |
|
11 - % |
|
COMPOSITION |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
03.03 STOCK CAPITAL DISTRIBUTION AMONG CONTROLLERS
|
|
|
|
|
1 ITEM
|
|
2 INVESTOR
|
|
3 DATE OF THE SOCIAL CAPITALS COMPOSITION |
001
|
|
BNDES Participações
|
|
04/30/2007 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 - FEDERAL |
|
6 - COMMON |
|
|
|
8 - PREFERRED |
|
|
|
10 - TOTAL SHARES |
|
|
|
12 - STOCK CAPITAL |
1 - ITEM |
|
2 - NAME/COMPANY NAME |
|
3 - CPF/CNPJ |
|
4 - NATIONALITY |
|
UNIT |
|
SHARES |
|
7 - % |
|
SHARES |
|
9 - % |
|
(UNIT) |
|
11 - % |
|
COMPOSITION |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
03.03 STOCK CAPITAL DISTRIBUTION AMONG CONTROLLERS
|
|
|
|
|
1 ITEM
|
|
2 INVESTOR
|
|
3 DATE OF THE SOCIAL CAPITALS COMPOSITION |
02005
|
|
Bradespar S.A.
|
|
04/30/2007 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 - FEDERAL |
|
6 - COMMON |
|
|
|
8 - PREFERRED |
|
|
|
10 - TOTAL SHARES |
|
|
|
12 - STOCK CAPITAL |
1 - ITEM |
|
2 - NAME/COMPANY NAME |
|
3 - CPF/CNPJ |
|
4 - NATIONALITY |
|
UNIT |
|
SHARES |
|
7 - % |
|
SHARES |
|
9 - % |
|
(UNIT) |
|
11 - % |
|
COMPOSITION |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
04.01 COMPOSITION OF THE SHARE CAPITAL
1 Date of the last change: 04/27/2007
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2 - |
|
|
|
|
|
4 - NOMINATIVE STOCK |
|
|
|
|
|
6 - QUANTITY OF |
|
7 - SUBSCRIBED |
|
8 - PAID-UP |
ITEM |
|
3 - SPECIFICATION |
|
OR BOOK ENTRY SHARE |
|
5 - FACE VALUE |
|
SHARES (UNIT) |
|
(R$ THOUSANDS) |
|
(R$ THOUSANDS) |
01 |
|
COMMON SHARES (BOOK SHARES) |
|
BOOK ENTRY SHARE |
|
|
|
|
|
|
1,499,898,858 |
|
|
|
17,074,400 |
|
|
|
17,074,400 |
|
02 |
|
CLASS A PREFERRED SHARES |
|
BOOK ENTRY SHARE |
|
|
|
|
|
|
959,758,200 |
|
|
|
10,925,600 |
|
|
|
10,925,600 |
|
03 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,459,657,058 |
|
|
|
28,000,000 |
|
|
|
28,000,000 |
|
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
04.02 SUBSCRIBED SHARE CAPITAL
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3 - SHARE CAPITAL |
|
4 - VALUE OF ALTERATION |
|
5 - ORIGIN OF |
|
7 - NUMBER OF OUTSTANDING |
|
8 - OUTSTANDING SHARES' |
1 - ITEM |
|
2 - DATE |
|
(R$ THOUSANDS) |
|
(R$ THOUSANDS) |
|
ALTERATION |
|
SHARES (UNITS) |
|
VALUE (REAIS) |
|
01 |
|
|
04/16/2003 |
|
|
6,300,000 |
|
|
|
1,300,000 |
|
|
Revenue Reserves |
|
|
|
|
|
|
|
|
|
02 |
|
|
04/28/2004 |
|
|
7,300,000 |
|
|
|
1,000,000 |
|
|
Revenue Reserves |
|
|
|
|
|
|
|
|
|
03 |
|
|
04/27/2005 |
|
|
14,000,000 |
|
|
|
6,700,000 |
|
|
Revenue Reserves |
|
|
|
|
|
|
|
|
|
04 |
|
|
03/31/2006 |
|
|
19,492,401 |
|
|
|
5,492,401 |
|
|
Merged of shares |
|
|
|
|
|
|
|
|
|
05 |
|
|
04/27/2007 |
|
|
28,000,000 |
|
|
|
8,507,599 |
|
|
Revenue Reserves |
|
|
|
|
|
|
|
|
04.03 STOCK SPLIT
|
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|
|
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|
|
|
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|
|
|
2 - FACE VALUE BEFORE |
|
2 - FACE VALUE AFTER STOCK |
|
3- QUATITY OF SHARE |
|
4- QUATITY OF SHARE |
1 DATE |
|
STOCK SPLIT (Reais) |
|
SPLIT (Reais) |
|
BEFORE STOCK SPLIT |
|
BEFORE STOCK SPLIT |
04/27/2006 |
|
|
|
|
|
|
|
|
|
|
1,229,828,529 |
|
|
|
2,459,657,058 |
|
04.04 AUTHORIZED STOCK CAPITAL
|
|
|
|
|
|
|
|
|
1 - NUMBER (UNITS) |
|
2 - VALUE (REAIS) |
|
3 - DATE OF AUTHORIZATION |
5,400,000,000 |
|
|
0 |
|
|
|
04/27/2006 |
|
04.05 ADDRESS OF THE PRINCIPAL OFFICE
|
|
|
|
|
|
|
|
|
|
|
|
|
1 - ITEM |
|
2 - SPECIFICATIION |
|
3 CLASS |
|
4 - QUANTITY OF AUTHORIZED STOCK ISSUE (UNITS) |
|
01 |
|
|
COMMON SHARES |
|
|
|
|
|
|
1,800,000,000 |
|
|
02 |
|
|
PREFERRED SHARES |
|
|
A |
|
|
|
3,600,000,000 |
|
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
05.01 TREASURY STOCK
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6 - QUANTITY TO BE |
|
7 - AMOUNT TO BE PAID |
|
8 - QUANTITY ACQUIRED |
|
9 - AMOUNT PAID |
1 - ITEM |
|
2 - SPECIFICATION |
|
3 - CLASS |
|
4 - MEETING |
|
5 - ACQUISITION TERM |
|
ACQUIRED (UNITS) |
|
(REAIS THOUSANDS) |
|
(UNITS) |
|
(R$ THOUSANDS) |
|
01 |
|
|
COMMON |
|
|
|
|
|
|
10/24/2001 |
|
|
3 MONTHS |
|
|
20,164,574 |
|
|
|
|
|
|
|
28,291,020 |
|
|
|
131,103 |
|
|
02 |
|
|
PREFFERED |
|
|
|
|
|
|
10/24/2001 |
|
|
3 MONTHS |
|
|
82,157,232 |
|
|
|
|
|
|
|
15,170,644 |
|
|
|
659,122 |
|
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
06.01 DIVIDENDS/INTEREST ON STOCKHOLDERS EQUITY
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6 - NET PROFIT OR |
|
|
|
|
|
|
|
|
|
|
|
|
|
10 - AMOUNT OF THE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 - END OF THE |
|
LOSS IN THE PERIOD |
|
7 - DIVIDENDS PER |
|
8 - TYPE OF |
|
9 - CLASS OF |
|
DIVIDEND |
|
11 - PAYMENT |
1 - ITEM |
|
2 - DIVIDENDS/INTEREST |
|
3 - EVENT |
|
4 - DATE |
|
FISCAL YEAR |
|
(R$ THOUSAND) |
|
SHARE (R$) |
|
SHARE |
|
SHARE |
|
(R$ THOUSAND) |
|
DATE |
|
13 |
|
|
Interest On Stockholders Equity |
|
BDM |
|
|
04/14/2004 |
|
|
|
12/31/2003 |
|
|
|
4,508,850 |
|
|
|
2.0600000000 |
|
|
Common |
|
|
|
|
|
|
205,793 |
|
|
|
04/30/2004 |
|
|
14 |
|
|
Interest On Stockholders Equity |
|
BDM |
|
|
04/14/2004 |
|
|
|
12/31/2003 |
|
|
|
4,508,850 |
|
|
|
2.0600000000 |
|
|
Preferred |
|
|
A |
|
|
|
114,080 |
|
|
|
04/30/2004 |
|
|
15 |
|
|
Interest On Stockholders Equity |
|
BDM |
|
|
10/13/2004 |
|
|
|
12/31/2004 |
|
|
|
6,459,519 |
|
|
|
0.6700000000 |
|
|
Common |
|
|
|
|
|
|
502,466 |
|
|
|
10/29/2004 |
|
|
16 |
|
|
Interest On Stockholders Equity |
|
BDM |
|
|
10/13/2004 |
|
|
|
12/31/2004 |
|
|
|
6,459,519 |
|
|
|
0.6700000000 |
|
|
Preferred |
|
|
A |
|
|
|
278,538 |
|
|
|
10/29/2004 |
|
|
17 |
|
|
Interest On Stockholders Equity |
|
BDM |
|
|
10/13/2004 |
|
|
|
12/31/2004 |
|
|
|
6,459,519 |
|
|
|
0.3600000000 |
|
|
Common |
|
|
|
|
|
|
269,982 |
|
|
|
10/29/2004 |
|
|
18 |
|
|
Interest On Stockholders Equity |
|
BDM |
|
|
10/13/2004 |
|
|
|
12/31/2004 |
|
|
|
6,459,519 |
|
|
|
0.3600000000 |
|
|
Preferred |
|
|
A |
|
|
|
149,662 |
|
|
|
10/29/2004 |
|
|
19 |
|
|
Dividend |
|
BDM |
|
|
10/13/2004 |
|
|
|
12/31/2004 |
|
|
|
6,459,519 |
|
|
|
0.2400000000 |
|
|
Common |
|
|
|
|
|
|
179,988 |
|
|
|
10/29/2004 |
|
|
20 |
|
|
Dividend |
|
BDM |
|
|
10/13/2004 |
|
|
|
12/31/2004 |
|
|
|
6,459,519 |
|
|
|
0.2400000000 |
|
|
Preferred |
|
|
A |
|
|
|
99,775 |
|
|
|
10/29/2004 |
|
|
21 |
|
|
Interest On Stockholders Equity |
|
BDM |
|
|
04/14/2005 |
|
|
|
12/31/2004 |
|
|
|
6,459,519 |
|
|
|
1.1100000000 |
|
|
Common |
|
|
|
|
|
|
816,951 |
|
|
|
04/29/2005 |
|
|
22 |
|
|
Interest On Stockholders Equity |
|
BDM |
|
|
04/14/2005 |
|
|
|
12/31/2004 |
|
|
|
6,459,519 |
|
|
|
1.1100000000 |
|
|
Preferred |
|
|
A |
|
|
|
461,562 |
|
|
|
04/29/2005 |
|
|
23 |
|
|
Interest On Stockholders Equity |
|
BDM |
|
|
04/14/2005 |
|
|
|
12/31/2005 |
|
|
|
1,615,190 |
|
|
|
0.0012045000 |
|
|
Common |
|
|
|
|
|
|
886 |
|
|
|
04/29/2005 |
|
|
24 |
|
|
Interest On Stockholders Equity |
|
BDM |
|
|
04/14/2005 |
|
|
|
12/31/2005 |
|
|
|
1,615,190 |
|
|
|
0.0012045000 |
|
|
Preferred |
|
|
A |
|
|
|
501 |
|
|
|
04/29/2005 |
|
|
25 |
|
|
Interest On Stockholders Equity |
|
BDM |
|
|
10/14/2005 |
|
|
|
12/31/2005 |
|
|
|
5,094,475 |
|
|
|
0.6800000000 |
|
|
Common |
|
|
|
|
|
|
500,480 |
|
|
|
10/31/2005 |
|
|
26 |
|
|
Interest On Stockholders Equity |
|
BDM |
|
|
10/14/2005 |
|
|
|
12/31/2005 |
|
|
|
5,094,475 |
|
|
|
0.6800000000 |
|
|
Preferred |
|
|
A |
|
|
|
281,520 |
|
|
|
10/31/2005 |
|
|
27 |
|
|
Dividend |
|
BDM |
|
|
10/14/2005 |
|
|
|
12/31/2005 |
|
|
|
5,094,475 |
|
|
|
0.3000000000 |
|
|
Common |
|
|
|
|
|
|
223,584 |
|
|
|
10/31/2005 |
|
|
28 |
|
|
Dividend |
|
BDM |
|
|
10/14/2005 |
|
|
|
12/31/2005 |
|
|
|
5,094,475 |
|
|
|
0.3000000000 |
|
|
Preferred |
|
|
A |
|
|
|
125,766 |
|
|
|
10/31/2005 |
|
|
29 |
|
|
Dividend |
|
BDM |
|
|
10/14/2005 |
|
|
|
12/31/2005 |
|
|
|
5,094,475 |
|
|
|
0.5800000000 |
|
|
Common |
|
|
|
|
|
|
434,438 |
|
|
|
10/31/2005 |
|
|
30 |
|
|
Dividend |
|
BDM |
|
|
10/14/2005 |
|
|
|
12/31/2005 |
|
|
|
5,094,475 |
|
|
|
0.5800000000 |
|
|
Preferred |
|
|
A |
|
|
|
244,372 |
|
|
|
10/31/2005 |
|
|
31 |
|
|
Interest On Stockholders Equity |
|
BDM |
|
|
04/12/2006 |
|
|
|
12/31/2005 |
|
|
|
10,442,986 |
|
|
|
0.6661338690 |
|
|
Common |
|
|
|
|
|
|
490,144 |
|
|
|
04/28/2006 |
|
|
32 |
|
|
Interest On Stockholders Equity |
|
BDM |
|
|
04/12/2006 |
|
|
|
12/31/2005 |
|
|
|
10,442,986 |
|
|
|
0.6661338690 |
|
|
Preferred |
|
|
A |
|
|
|
319,656 |
|
|
|
04/28/2006 |
|
|
33 |
|
|
Dividend |
|
BDM |
|
|
04/12/2006 |
|
|
|
12/31/2005 |
|
|
|
10,442,986 |
|
|
|
0.4791590250 |
|
|
Common |
|
|
|
|
|
|
352,567 |
|
|
|
04/28/2006 |
|
|
34 |
|
|
Dividend |
|
BDM |
|
|
04/12/2006 |
|
|
|
12/31/2005 |
|
|
|
10,442,986 |
|
|
|
0.4791590250 |
|
|
Preferred |
|
|
A |
|
|
|
229,933 |
|
|
|
04/28/2006 |
|
|
35 |
|
|
Interest On Stockholders Equity |
|
BDM |
|
|
10/19/2006 |
|
|
|
12/31/2006 |
|
|
|
13,431,005 |
|
|
|
0.5587300800 |
|
|
Preferred |
|
|
A |
|
|
|
520,439 |
|
|
|
10/31/2006 |
|
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
06.01 DIVIDENDS/INTEREST ON STOCKHOLDERS EQUITY
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
6 - NET PROFIT OR |
|
|
|
|
|
|
|
|
|
|
|
|
|
10 - AMOUNT OF THE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
5 - END OF THE |
|
LOSS IN THE PERIOD |
|
7 - DIVIDENDS PER |
|
8 - TYPE OF |
|
9 - CLASS OF |
|
DIVIDEND |
|
11 - PAYMENT |
1 - ITEM |
|
2 - DIVIDENDS/INTEREST |
|
3 - EVENT |
|
4 - DATE |
|
FISCAL YEAR |
|
(R$ THOUSAND) |
|
SHARE (R$) |
|
SHARE |
|
SHARE |
|
(R$ THOUSAND) |
|
DATE |
|
36 |
|
|
Interest On Stockholders Equity |
|
BDM |
|
|
10/19/2006 |
|
|
|
12/31/2006 |
|
|
|
13,431,005 |
|
|
|
0.5587300800 |
|
|
Common |
|
|
|
|
|
|
829,561 |
|
|
|
10/31/2006 |
|
|
37 |
|
|
Dividend |
|
BDM |
|
|
10/19/2006 |
|
|
|
12/31/2006 |
|
|
|
13,431,005 |
|
|
|
0.0153278290 |
|
|
Preferred |
|
|
A |
|
|
|
14,277 |
|
|
|
10/31/2006 |
|
|
38 |
|
|
Dividend |
|
BDM |
|
|
10/19/2006 |
|
|
|
12/31/2006 |
|
|
|
13,431,005 |
|
|
|
0.0153278290 |
|
|
Common |
|
|
|
|
|
|
22,758 |
|
|
|
10/31/2006 |
|
|
39 |
|
|
Interest On Stockholders Equity |
|
BDM |
|
|
04/16/2007 |
|
|
|
12/31/2006 |
|
|
|
13,431,005 |
|
|
|
0.2572846560 |
|
|
Preferred |
|
|
A |
|
|
|
239,652 |
|
|
|
04/30/2007 |
|
|
40 |
|
|
Interest On Stockholders Equity |
|
BDM |
|
|
04/16/2007 |
|
|
|
12/31/2006 |
|
|
|
13,431,005 |
|
|
|
0.2572846560 |
|
|
Common |
|
|
|
|
|
|
381,998 |
|
|
|
04/30/2007 |
|
|
41 |
|
|
Dividend |
|
BDM |
|
|
04/16/2007 |
|
|
|
12/31/2006 |
|
|
|
13,431,005 |
|
|
|
0.4334945350 |
|
|
Preferred |
|
|
A |
|
|
|
403,787 |
|
|
|
04/30/2007 |
|
|
42 |
|
|
Dividend |
|
BDM |
|
|
04/16/2007 |
|
|
|
12/31/2006 |
|
|
|
13,431,005 |
|
|
|
0.4334945350 |
|
|
Common |
|
|
|
|
|
|
643,621 |
|
|
|
04/30/2007 |
|
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
06.03 BYLAW DISTRIBUTION OF THE STOCK CAPITAL
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3 - |
|
4 - |
|
|
|
6- |
|
7- |
|
|
|
|
|
9 - PREVISION |
|
|
|
11 - FIXED |
|
12- MINIMUM |
|
|
|
14-CUMULATIVE |
|
|
|
16 - |
|
|
1 - |
|
2 - SHARE |
|
SHARE |
|
STOCK |
|
5- |
|
CONVERTIBLE |
|
VOTING |
|
8-TAG |
|
FOR CAPITAL |
|
10 - |
|
DIVIDEND |
|
DIVIDEND |
|
13- |
|
DIVIDEND |
|
15- |
|
VALUATION |
|
|
ITEM |
|
SPECIFICATION |
|
CLASS |
|
CAPITAL % |
|
CONVERTIBLE |
|
IN |
|
RIGHTS |
|
ALONG% |
|
REFUND |
|
PREMIUM |
|
TYPE % |
|
TYPE % |
|
R$/SHARE |
|
TYPE % |
|
PRIORITY |
|
BASIS |
|
17-Observation |
01
|
|
Common
|
|
|
|
|
60.98 |
|
|
No
|
|
-
|
|
Yes
|
|
|
80,00 |
|
|
No
|
|
No
|
|
MINIMUM
|
|
|
00.00 |
|
|
-
|
|
No
|
|
No
|
|
Adjusted Net Income
|
|
Tag Along as
discloused in art.
254-A, law
6,404/76. |
02
|
|
Preferred
|
|
A
|
|
|
39.02 |
|
|
No
|
|
-
|
|
Yes
|
|
|
- |
|
|
No
|
|
No
|
|
MINIMUM
|
|
|
6,00 |
|
|
-
|
|
No
|
|
Yes
|
|
Stock Capital
|
|
As discloused in
art. 5º paragraph
5º letter a), to a
minimum 3% of the
stockholders equity
or 6% over interest
of this class of
share |
06.04 BYLAW ALTERATION
|
|
|
1 - DATE OF THE LAST CHANGE |
|
2 - COMPULSORY DIVIDEND (% PROFIT) |
04/27/2007 |
|
0,00 |
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
07.01 TOTAL REMUNERATION OF THE ADMINISTRATORS
|
|
|
|
|
1 - PROFIT SHARING |
|
2 - OVERALL ADMINSTRATOR REMUNERATION |
|
3 - FREQUENCY |
NO
|
|
R$ 70,000 thousand
|
|
Annual |
07.02- PARTICIPATIONS AND CONTRIBUTIONS IN THE LAST THREE YEARS
|
|
|
1-
|
|
DATA FINAL DO ÚLTIMO EXERCÍCIO SOCIAL: 12/31/2006 |
2-
|
|
DATA FINAL DO PENÚLTIMO EXERCÍCIO SOCIAL: 12/31/2005 |
3-
|
|
DATA FINAL DO ANTEPENÚLTIMO EXERCÍCIO SOCIAL: 12/31/2004 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4 - ITEM |
|
5 - PARTICIPATIONS AND CONTRIBUTIONS |
|
6 - AMOUNT PAID ON 12/31/2006 |
|
7 - AMOUNT PAID ON 12/31/2005 |
|
8 - AMOUNT PAID ON 12/31/20004 |
01 |
|
Profit Sharing |
|
|
|
|
|
|
|
|
|
|
|
|
02 |
|
* Debenture Holders |
|
|
|
|
|
|
|
|
|
|
|
|
03 |
|
* Employees |
|
|
|
|
|
|
|
|
|
|
|
|
04 |
|
* Administrators |
|
|
|
|
|
|
|
|
|
|
|
|
05 |
|
* Founders' Shares |
|
|
|
|
|
|
|
|
|
|
|
|
06 |
|
Contributions |
|
|
|
|
|
|
|
|
|
|
|
|
07 |
|
* Assistance Fund |
|
|
|
|
|
|
|
|
|
|
|
|
08 |
|
* Pension Fund |
|
|
186,000 |
|
|
|
191,000 |
|
|
|
138,000 |
|
09 |
|
* Others |
|
|
|
|
|
|
|
|
|
|
|
|
10 |
|
Net Profit in The Fiscal Year |
|
|
13,431,005 |
|
|
|
10,442,986 |
|
|
|
6,459,519 |
|
11 |
|
Net Loss in The Fiscal Year |
|
|
|
|
|
|
|
|
|
|
|
|
* |
|
OSM: Ordinary Shareholders Meeting |
|
|
|
BDM: Board of Directors Meeting |
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
07.03 INVESTIMENTS IN AFFILIATED COMPANIES
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3 - CNPJ (CORPORATE |
|
|
|
|
|
|
|
|
1 - ITEM |
|
2 - NAME OF THE AFFILIATED |
|
TAXPAYER NUMBER) |
|
4 - TYPE |
|
5 - PARTICIPATION % |
|
6 - STOCKHOLDERS EQUITY |
|
7 - COMPANY RATING |
01 |
|
CVRD International S. A. |
|
|
|
|
|
Subsidiary Closed Capital |
|
|
100.00 |
|
|
|
40.90 |
|
|
Trade, Industry and Others |
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
08.01 CHARACTERISTICS OF PUBLIC OU PRIVATE DEBENTURE ISSUANCE
|
|
|
|
|
1 - CHARACTERISTIC OF THE ISSUANCE |
|
2 - ISSUANCE |
01 - ITEM |
|
|
01 |
|
02 - ISSUE SERIAL NUMBER |
|
|
08 |
|
03 - CVM REGISTRATION NUMBER |
|
CVM/SRE/DEB/2006/045 |
|
04 - CVM REGISTRATION DATE |
|
|
12/31/2006 |
|
05 - ISSUED SERIES |
|
UN |
|
06 - TYPE |
|
SIMPLE |
|
07 - NATURE |
|
PUBLIC |
|
08 - ISSUANCE DATE/ 09 - MATURITY DATE |
|
|
11/20/2006 - 11/20/2013 |
|
10 - TYPE OF DEBENTURE |
|
No Preference |
|
11 - REMUNERATION CONDITION |
|
CDI+0.25% |
|
12 - PREMIUM/DISCOUNT |
|
|
0 |
|
13 - FACE VALUE (Reais) |
|
|
10,000 |
|
14 - AMOUNT ISSUED (Thousand Reais) |
|
|
4,000,000,000 |
|
15 - NUMBER OF SECURITIES ISSUED |
|
|
400,000 |
|
16 - OUTSTANDING (UNIT) |
|
|
400,000 |
|
17 - IN TREASURY (UNIT) |
|
|
0 |
|
18 - REDEEMED (UNIT) |
|
|
0 |
|
19 - CONVERTED (UNIT) |
|
|
0 |
|
20 - TO BE PLACED (UNIT) |
|
|
0 |
|
21 - DATE OF THE LAST REPRICING |
|
|
|
|
22 - DATE OF THE NEXT EVENT |
|
|
05/20/2007 |
|
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
08.01 CHARACTERISTICS OF PUBLIC OU PRIVATE DEBENTURE ISSUANCE
|
|
|
|
|
1 - CHARACTERISTIC OF THE ISSUANCE |
|
2 - ISSUANCE |
01 - ITEM |
|
|
02 |
|
02 - ISSUE SERIAL NUMBER |
|
|
06 |
|
03 - CVM REGISTRATION NUMBER |
|
CVM/SRE/SEC/2002/04 |
|
04 - CVM REGISTRATION DATE |
|
|
10/04/2002 |
|
05 - ISSUED SERIES |
|
UN |
|
06 - TYPE |
|
SIMPLE |
|
07 - NATURE |
|
PUBLIC |
|
08 - ISSUANCE DATE/ 09 - MATURITY DATE |
|
|
07/08/1997 |
|
10 - TYPE OF DEBENTURE |
|
SUBORDINATE |
|
11 - REMUNERATION CONDITION |
|
|
|
|
12 - PREMIUM/DISCOUNT |
|
|
0,031087407 |
|
13 - FACE VALUE (Reais) |
|
|
0.02 |
|
14 - AMOUNT ISSUED (Thousand Reais) |
|
|
3,885,590 |
|
15 - NUMBER OF SECURITIES ISSUED |
|
|
388,559,056 |
|
16 - OUTSTANDING (UNIT) |
|
|
388,559,056 |
|
17 - IN TREASURY (UNIT) |
|
|
|
|
18 - REDEEMED (UNIT) |
|
|
|
|
19 - CONVERTED (UNIT) |
|
|
|
|
20 - TO BE PLACED (UNIT) |
|
|
|
|
21 - DATE OF THE LAST REPRICING |
|
|
|
|
22 - DATE OF THE NEXT EVENT |
|
|
|
|
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
08.01- CHARACTERISTICS OF PUBLIC OU PRIVATE DEBENTURE ISSUANCE
|
|
|
|
|
1 - CHARACTERISTIC OF THE ISSUANCE |
|
2 - ISSUANCE |
01 - ITEM |
|
|
03 |
|
02 - ISSUE SERIAL NUMBER |
|
|
07 |
|
03 - CVM REGISTRATION NUMBER |
|
CVM/SRE/SEC/2006/044 |
|
04 - CVM REGISTRATION DATE |
|
|
12/13/2005 |
|
05 - ISSUED SERIES |
|
UN |
|
06 - TYPE |
|
SIMPLE |
|
07 - NATURE |
|
PUBLIC |
|
08 - ISSUANCE DATE/ 09 - MATURITY DATE |
|
|
11/20/2006-11/20/2010 |
|
10 - TYPE OF DEBENTURE |
|
No Preference |
|
11 - REMUNERATION CONDITION |
|
101.75% CDI |
|
12 - PREMIUM/DISCOUNT |
|
|
|
|
13 - FACE VALUE (Reais) |
|
|
10,000 |
|
14 - AMOUNT ISSUED (Thousand Reais) |
|
|
1,500,000,000 |
|
15 - NUMBER OF SECURITIES ISSUED |
|
|
150,000 |
|
16 - OUTSTANDING (UNIT) |
|
|
150,000 |
|
17 - IN TREASURY (UNIT) |
|
|
|
|
18 - REDEEMED (UNIT) |
|
|
|
|
19 - CONVERTED (UNIT) |
|
|
|
|
20 - TO BE PLACED (UNIT) |
|
|
|
|
21 - DATE OF THE LAST REPRICING |
|
|
|
|
22 - DATE OF THE NEXT EVENT |
|
|
05/20/2007 |
|
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
09.01 A BRIEF HISTORY OF THE COMPANY
CVRD was created by the Brazilian Federal Government on June 1st, 1942 and privatized on May 7th,
1997, when the Consórcio Brasil (Brazil Consortium), led by the National Steel Company CSN, won a
bid held at the Rio de Janeiro Stock Exchange, acquiring 41.73% of the Federal Governments common
stock for US$ 3,338 billion. Throughout its history, CVRDs activities, once restricted to the
Southeast, were expanded to the Northeast, Central-West, and North of Brazil, diversifying its
mineral product portfolio and consolidating logistics services.
CVRD provides the global market with products used to make innumerable elements that are present in
the every-day lives of millions of people around the world. Once they are exported to different
countries, minerals undergo transformations as they are incorporated to local customs in the form
of new, every-day consumer products from cars and planes, from stoves to computers. They are
widely used in building structures and foundations as well.
The purpose behind developing this widespread mineral prospecting program is to seek out
high-quality business opportunities in-line with CVRDs growth strategy, and provide new mineral
reserves for the future.CVRD is currently in 14 Brazilian states and in 5 continents: Americas,
Europe, Africa, Asia and Australasia. The development of a wide mineral research program aims to
seek quality opportunities tuned with Vales growth strategy, ensuring new mineral reserves for
the future.
Follow here the important facts of the history of one of the largest mining and metal companies of
the whole world:
1901
- The Vitória Minas Railway Company (CEFVM) is founded and inaugurated on 05/13/1904, on a
stretch located between the Cariacica and Alfredo Maia stations.
1909
-The Brazilian Hematite Syndicate is created, with British capital.
-The company acquires most of CEFVMs stock and forms a union to explore the iron ore reserves of
Minas Gerais.
1910
- The first plans are drafted for a railway extension to Itabira, finally completed in 1943.
1911
- The Brazilian Hematite Syndicate becomes the Itabira Iron Ore Company, owned by the entrepreneur
Percival Farquhar.
1940
- Itabira Iron loads the first shipment of iron ore at the Vitória port, in July.
1941
- Under pressure, Percival Farquhar enters into partnership with Brazilian businessmen and
transforms Itabira Iron into two Brazilian companies: Companhia Brasileira de Mineração e
Siderurgia e Companhia Itabira de Mineração.
1942
- On June 1st, because of the Washington Agreements, Getúlio Vargas signs Decree-Law No. 4,352 and
creates Companhia Vale do Rio Doce.
- The new company, a Government-controlled corporation takes over Farquhars companies and the
Vitória Minas Railway.
1943
- On January 11th, CVRD definitive board of directors holds meets and approves the Companys
by-laws.
Administrative headquarters are established in Itabira, while the legal entity domicile is Rio de
Janeiro. Israel Pinheiro is appointed the Companys first president.
1945
- The construction of the mineral docks in Vitória (ES) is completed.
1949
- CVRD is responsible for 80% of Brazils iron ore exports.
- The Railway Research Center is created in Vitória, under the guidance of Eliezer Batista da
Silva.
1950
- CVRDs self-government is preserved despite Eximbanks demand that the presidents authority be
reduced to that of a mere supervisor.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
09.01 A BRIEF HISTORY OF THE COMPANY
1952
- The Brazilian Government assumes definitive control of CVRDs operational system.
1953
- Iron ore is shipped to Japan for the first time.
- CVRD uses a Brazilian ship for the first time, the Siderúrgica Nove, to ship minerals to the
U.S.A.
1954
- CVRD re-assesses its commercial practices abroad and begins to deal directly with steel
companies, without the intermediation of traders.
1955
- CVRD contracts the services of Companhia Boa Vista de Seguros (an insurance company) to provide
medical, surgical, hospital, dental and specialized services to accident victims.
1956
- CVRD purchases the Linhares Forest Reserve from the government of the State of Espírito Santo, a
total of 23 thousand hectares.
1959
- Inauguration of the Paul Dock, located at the port of Vitória, a joint venture between CVRD and
the Government of Espírito Santo.
1960
- Companhia Siderúrgica Vatu (Vatu Steel Company), CVRDs fist subsidiary, is created to process
minerals and manufacture and sell sponge iron.
1962
- CVRD signs long-term contracts with Japanese steel companies and German mills.
- On October 2, the subsidiary of Vale do Rio Doce Navegação S.A. (Docenave) is incorporated.
1966
- The Tubarão Port (in Vitória, Espírito Santo) is opened.
1967
- Geologists from Cia. Meridional de Mineração, a United States Steel Corp. subsidiary, find iron
ore in Carajás.
1969
- CVRDs first palletizing plant is opened in Tubarão, with a two million-ton yearly production
capacity.
1970
- An agreement makes CVRD the majority stakeholder in the Carajás enterprise, a joint venture with
US Steel Co.
1971
- On July 7th a subsidiary fully owned by CVRD, the Rio Doce Geologia e Mineração S.A. (Docegeo) is
opened with the mission of performing prospecting and mineral extraction services.
1972
- CVRD and US Steel found Valuec Serviços Técnicos to analyze the feasibility of the Carajás
Project.
- CVRD signs a partnership agreement with Alcan Aluminium Ltd., a Canadian company, to extract
bauxite in the Trombetas river region.
1973
- The first section of the Itabirito Concentration Mill is opened.
1974
- CVRD becomes the worlds largest iron ore exporter, with 16% percent of the transoceanic iron ore
market.
1975
- For the first time, CVRD issues debentures in the international market, worth 70 million Marks,
intermediated by the Dresdner Bank.
1976
- Decree 77,608 grants CVRD a concession for construction, use, and exploration of a railroad
between Carajás and the Itaqui (Maranhão).
1977
- CVRD announces that it will give priority to the Carajás Project in order to begin exporting iron
ore through the Itaqui Port, beginning in 1982.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
09.01 A BRIEF HISTORY OF THE COMPANY
1978
- The Carajás Project is reformulated and reduced to rather modest proportions, due to a decrease
in the worldwide demand for iron ore.
- The construction of the Carajás railway begins.
1979
- The setting up of the Carajás Iron Project effectively begins, adopted as CVRDs main strategic
business objective.
1980
- The Federal Government approves the Carajás Iron Project and authorizes funding.
- CVRD incorporates Amazônia Mineração (Amza) and creates the Department for Management of the
Carajás Iron Project Implementation (Sumip).
- The Ecology Technical Council (Geamam) is created, composed of scientist from Brazilian
Universities.
1981
- The first mine-opening detonation takes place and the fist family moves to Carajás.
- On December 11, CVRDs headquarters building in Rio de Janeiro is practically destroyed by a fire
caused by a short on the 15th floor.
1982
- Valesul Alunmínio S.A. begins operations in Rio de Janeiro and CVRD enters in to the aluminum
market, thereby helping reduce aluminum imports in Brazil.
1985
- On February 28th, Rodominas delivers the Carajás railway to CVRD.
- The Carajás Iron Project is inaugurated, increasing the production capacity of the company, which
now has two separate logistics systems (North and South).
1986
- The Ponta da Madeira Sea Terminal (São Luis, Maranhão) begins operations.
1988
- CVRD refrains from using charcoal from native forests, becoming fully supplied by planted
forests.
1989
- CVRD prepares the 1989-2000 strategic plan, focusing on globalization.
- A profit sharing program is implemented for CVRD employees.
1990
- The Linhares (Espírito Santo) Forest Laboratory construction and installation works are
concluded. The lab is equipped for various types of biotechnological analysis and research.
1992
- Brazils first sustainable development project, the Forest Development Project, is presented at
the ECO 92 Convention.
1993
- The Brazilian Economical Institute of the Getúlio Vargas Foundation considers CVRD to be Brazils
first-ranking company.
1994
- In March, CVRD launches its American Depositary Receipts program, tradable in US over-the-counter
market under the code CVROY.
1995
- CVRD is included the Brazilian Privatization Program through Decree 1,510, dated June 1st, signed
by Brazils president.
1996
- On October 10th, the National Decentralization Program (CND) approves CVRDs decentralization
model.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
09.01 A BRIEF HISTORY OF THE COMPANY
1997
- In the first year following privatization, CVRD attains a profit growth of 46% in relation to
1996.
- The Back to the Future program is launched, with the mission of supporting formal education, to
enable all of CVRDs employees to conclude junior-high school education.
- On January 22nd, Planning Minister Antônio Kandir announces that the bid for a controlling
interest in CVRD will take place in April.
- On march 6th, the Brazilian Development Bank publishes the edict of the privatization of CVRD.
- The Brazilian Development Bank issues a guidebook on the privatization of CVRD.
- On may 6th, CVRD is privatized in a bid held at the Rio de Janeiro Stock Exchange.
- Valecom Consortium, belonging to the Votorantim Group, and Brazil Consortium, led by CSN,
participated in the bid.
- The Brazil Consortium acquires 41.73% of CVRDs common shares for 3,338,000 in currency. CVRDs
total price, due to the final bid, is R$ 12.5 billion.
- On May 12th, CSNs president, Benjamin Steinbruch, is appointed president CVRDs board of
directors in an annual shareholders meeting.
- Jair Bilachi, of Previ, is appointed Vice-President.
1999
- CVRD has its highest profit ever: R$ 1.251 billion.
2000
- February 2nd The Container Terminal is opened at the Sepetiba Port.
- In October, in a joint venture with Gulf Invest Corporation (GIC), Vale acquires the Gulf
Industrial Investment Company (GIIC), located in Bahrain.
- December 5 The Linhares Natural Reserve (ES) is officially opened for public visitation.
- The CVRD group produces 119.7 million tons of iron ore, a historic record.
2001
- The Vale Memory Project Data Base is launched in Rio de Janeiro, conceived, and produced by Museu
da Pessoa.
- March 2001: Cross-shareholding interests involving CVRD and CSN were eliminated.
- CVRD enters into a consortium to build and operate two hydroelectric plants in Minas Gerais:
Capim Branco I and II.
2002
- March 2002: The São Luiz Palletizing Plant is officially inaugurated.
- May 2nd: President Fernando Henrique Cardoso inaugurates the cornerstone for the Sossego Project.
- July 2002: The 25th anniversary of the Carajás operation, CVRD attains 5 million tons in iron ore
production.
2003
- January 16: CVRD announces that it has created a partnership with Mitsui, a Japanese logistics
company, for intermodal shipping services.
- February 2003: CVRD invests 2.5 million in Grande Rio, a Brazilian escola de samba (so-called
samba school), which presents in its parade the theme of mining and the companys history.
- March 31: CVRD acquires 50% of the shares of Caemi Mineração e Metalurgia S.A. (Caemi) for US$
426.4 million.
- In 2003, it consolidated its entry in the international market and recorded 3.952 billion in
foreign sales overall.
- CVRD recorded its greatest historic net profit in 2003: R$ 4.509 billion.Earnings per share were
R$ 5.04 as interest on CVRDs own capital, which amounted to R$1.930 billion.
- CVRDs market capitalization value increases by US$ 10.7 billion in 1 year, amounting to 21.762
billion by the end of December 2003.
- During 2003, 67% CVRDs share transactions were performed in the New York Stock Exchange, versus
33% in Bovespa.
In Brazil, no company had developed as many projects as CVRD, reinforcing its position as Brazils
largest investor, by investing US$ 1.988 billion in 2003.
2004
- January 5: CVRDs shares attain a historic profit record. Through this, the companys market
value exceeded R$ 23 billion.
- July 2: The Sossego mine is inaugurated, Brazils first copper mine, in Pará. The project, which
was completed in record time, had 76% Brazilian manpower. CVRDs copper mines are expected to be
producing 650 thousand tons a year by 2010.
- The accumulated turnover in the first 9 months of this year is equal to US$ 6.051 billion, 57%
more than the turnover in the same period in 2003. In the first 9 months, CVRD shipped 28.4 million
tons to China, versus 19.3 million.
CVRDs last year turnaround was 21.8 billion tkus vs. 19.9 billion in the first nine months of
2004.
- November 2004: CVRDs market value reached 25 billion.
2005
- Vale distributed R$ 3.1 billion in dividends and interests over own capital, equivalent to R$
2.68 per share, another year record.
- Vale is the first Brazilian company with risk grade higher than the host country and the only one
to have this acknowledgement by three different rating agencies: Investment Grade, awarded by
Moodys, on 07/08 and confirmed by Standard & Poors (10/10)
and by Dominion Bond (05/30).
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
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COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
09.01 A BRIEF HISTORY OF THE COMPANY
-The company had net profit of R$
10.4 billion/year, which exceeds in 61.6% that of 2004.
- The National Association of Accountancy, Management and Finance Executives conferred to Vale,
in 2005, the Troféu Transparência by the Fundação Instituto de Pesquisas Contábeis Atuariais e
Financeiras (Fipecafi USP) and Serasa.
- Vale negotiated in the year, at Bovespa (São Paulo Stock Exchange) and NYSE, the average bulk of
5.6 million of shares against 4.3 million in 2004, with an increase of 31%. The daily average value
negotiated in 2005 added up to US$ 180.6 million, more than the double of the average value of the
previous year, US$ 77.7 million.
- The Company was chosen by investment analysts, for the third consecutive time, in research, by
the reputable magazine Institutional Investor, as the company that has the best corporate
governance in the mining and metal industry of Latin America.
- On September 22, the launch of Vale Investir takes place, a program that allows Brazilian
investors to reinvest automatically the resources received derived from the compensation to
shareholders dividends and/or interests over own capital in the purchase of the Company
shares.
- Vale is conferred the 2005 FINDES/CONSUMA Environment award in the category Environmental
Education Projects held at Vale do Rio Doce Botanical Park, in
Vitória-ES.
- In 2005, the net exports (exports minus imports) of the Company were around US$ 6.3 billion,
which corresponded to 14.1% of the record surplus of the Brazilian trading transactions that year,
of US$ 44.8 billion.
- Vale register a historic record in the production of iron ore, reaching the mark of 240,413
million tons, 10.3% over the produced volume in 2004, two hundred eighteen million tons.
- The Company consolidates its entrance in the copper industry, with the first whole year of
operation at Sossego Mine and sales to 13 clients in 11 different countries.
- Sossego production exceeds, in 2005, the mark of 100 thousand tons of copper, totaling 107
thousand tons.
The Brazilian Association of Business Communications (Aberje) confers to Vale, on 12/08, Aberje
Nacional Award of best Communication Company of the Year in the categories Special Events, External
Communication Video, Internal e-news, Internet and Community Relationship, besides 19 regional
awards, in several categories.
- Mercado Comum magazine conferred to Vale the 7th Minas Desempenho Empresarial Award 2005, in
the category Minas Gerais Biggest Companies/Greatest Exporter.
-Vale invested R$ 1.8 billion in the expansion and improvement of its logistics infrastructure and
in the acquisition of 5,414 wagons and 125 trains for the use in the transportation of its products
and general cargo for clients at Carajás Railway EFC, Vitória to Minas Railway EFVM and
Centro-Atlântica Railway FCA.
- Vale carries out the project Cultura nos Trilhos celebrating 50 years of EFVM. The project
promoted the artistic and cultural production in the cities that are part of the railway, with
theater, dance, music and circus performances. Ten cities took part in the project: Vitória,
Colatina, Fundão and Baixo Guandu in Espírito Santo and Aimorés, Resplendor, Conselheiro
Pena, Governador Valadares, Nova Era and Itabira in Minas Gerais.
- Professional Qualification and Training Center was the highlight of the trainee program, named
Caça Talentos Program. For 11 months, under the orientation of a company executive, 150 newly
graduates took part in a program of theoretical and practical
training.
- Vale is conferred the IR MAGAZINE AWARDS 2005 BRAZIL- The Federation of Industries of Espírito
Santo and the Higher Council for Environmental Affairs of FINDES conferred, in 2005, to Vale do Rio
Doce Botanical Park, the FINDES/CONSUMA award.
- Vale was awarded, this year, by Biodiversidade Magazine and for the research work developed by
the Environmental Institute of Vale do Rio Doce IAVRD.
2006
- January 4: The Hydroelectric Plant of Aimorés enters in full commercial operation mode, producing
140MW to the Brazilian Power System.
- January 10: CVRD and Petrobras sign an agreement memorandum to identify and evaluate business
opportunities in Mozambique.
- March 28: CVRD inaugurates the new facilities of the Multimodal Terminal (Tercam), in Camaçari,
state of Bahia.
- April 11: Port of Tubarão celebrates its 40th anniversary.
- April 24: Ponta da Madeira completes 20 years of excellence in cargo transportation.
- May 3: CVRD completes the share incorporation of its subsidiary Caemi, and now holds 100 % of the
companys capital stock.
- May 5: CVRD inaugurates the Vale Train, restoring the railroad section between Ouro Preto and
Mariana (MG).
- May 10: CVRD inaugurates the Eliezer Batista Hydroelectric Plant in Aimorés, state of Minas
Gerais.
- May 22: The Vale do Rio Doce Company obtains the BBB + investment rating from the Standard &
Poors Ratings Services (S&P), which represents a two levels upgrading with regard to the BBB -
rating the S&P granted thereto in October 2005.
- June: CVRD is awarded as Best Social Corporate Responsibility Company in the IR Magazine Brazil
Awards 2006. The awarding is annually held by the IR Magazine, Revista RI and PR Newswire sponsored
by the IBRI Brazilian Institute of Relations with Investors.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
09.01 A BRIEF HISTORY OF THE COMPANY
- June 5: CVRD is awarded two awards from the International Association of Business
Communicators IABC, in the categories Communication with Employees and Publication.
- June 20: CVRD and the Centronorte Logística Integrada inaugurate the Colatina Cargo Road and Rail
Terminal in Maria Ortiz (ES), in the Estate of Espírito Santo.
- June 29: the risk classification agency Fitch Ratings rises the CVRD investment grade from BB +
to BBB-.
- July 3: Vale buys 45.5 % of the Valesul Alumínio S.A. capital stock and now holds 100 % of the
companys capital stock.
- August 11: CVRD Announces INCO purchase offer.
- August 15: INCO announces starting of negotiations with CVRD.
- October 5: CVRD inaugurates the Brucutu Project, the world largest mining/plant complex in iron
ore production initial capacity, located in the municipality of São Gonçalo do Rio Abaixo, in the
state of Minas Gerais.
- October 24: CVRD announces purchasing of the INCO mining, one of the world leading nickel
producers.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
09.02 CHARACTERISTICS OF THE BRANCH OF ACTIVITY
Performance and records
The consolidation of CVRD Inco into the production figures of the CVRD group results in the
largest-ever quarterly output from CVRDs nickel operations: 69,000 tons of refined nickel.
CVRDs principal records in 2006:
Shipments
|
|
|
Iron ore and pellets: 272.682 million tons; |
|
|
|
|
Alumina: 3.207 million tons; |
|
|
|
|
Primary aluminum: 510,000 tons; |
|
|
|
|
Copper: 169,000 tons; |
|
|
|
|
Potash: 733,000 tons; |
|
|
|
|
Kaolin: 1.323 million tons; |
|
|
|
|
Railroad transport General cargo for clients: 28.922 billion ntk (net ton kilometers). |
One of the highlights of 2006 was that CVRD became Chinas largest supplier of iron ore the
company shipped 77.873 million tons of iron ore to China in the year, 37.8% more than the 56.530
million tons it shipped in 2005.
The volume of ore shipped by CVRD to China has consistently increased. In 2004 exports to China
were 19% of CVRDs total iron ore sales. This percentage rose to 22.4% in 2005, and 28.6% in 2006.
Another highlight in iron ore shipments in 2006 was Japan, which bought 28.655 million tons of iron
ore from CVRD in the year 8.3% of the companys total sales. This percentage was followed by
France, with 4.4%; South Korea, with 3.7%; and Italy, with 3.4%. Sales to Brazil, 46.582 million
tons, were 17.1% of CVRDs total sales volume in the year.
As well as its record iron ore output, in 2006 CVRD was also able to report an all time record
output of alumina, copper, potash and kaolin increases from the previous year, respectively, of
53.2%, 12.8%, 14.2% and 11.1%.
Ferrous ores
CVRDs revenues from ferrous minerals in 2006 iron ore, pellets, manganese and ferro alloys
was R$ 27.6 billion, 10.9% more than the R$ 24.9 billion total of 2005.
Vigorous growth in global demand for iron ore and pellets, and expansion of CVRDs production,
provided both by completion of projects and gains in productivity, have made possible successive
records in sales volume. Thus, the quantity of these products shipped in 2006, 272.682 million
tons, was CVRDs highest ever, 8.1% more than in 2005.
Iron ore
The exceptional growth in world demand for iron ore has resulted in CVRD breaking successive
records of production and sales. In 2006, CVRD sold 238.728 million tons of iron ore, the
highest-ever annual sales volume in its history, 11.9% more than the 213.338 million tons sold in
2005.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
09.02 CHARACTERISTICS OF THE BRANCH OF ACTIVITY
Pellets
Sales of pellets totaled 33.954 million tons, 12.6% less than in 2005 (38.851 million tons). The
main reason for the lower figure was the shutdown of the pelletization plant in São Luís, Maranhão,
Brazil, for almost four months.
Manganese ore
CVRDs manganese mining operations are being restructured, with high-cost units being closed,
changes in energy supply and the composition of inputs, and sale of non-strategic assets. As a
result, sales in 2006, 779,000 tons, were 14.1% lower than in 2005.
Ferro alloys
The ferro alloys business is also undergoing restructuring, and as a result its sales in 2006, at
522,000 tons, were 4.6% less than in 2005.
Non-ferrous metals
Revenue from sales of non-ferrous metals nickel, copper, kaolin, potash, precious metals and
cobalt totaled R$ 8.5 billion in 2006, a record for CVRD which has become one of the worlds
most important players in the global market for basic metals with the acquisition of Inco.
Consolidation of CVRD Inco contributed R$ 6.0 billion to the
increase, of R$ 6.8 billion, from 2005
to 2006.
Nickel
CVRDs nickel sales in 2006 were 73,800 tons. In pro-forma terms, and taking into account the
consolidation of CVRD Inco, CVRD is now the worlds largest producer of refined nickel, with output
of 250,600 tons/year.
Copper
Consolidation of CVRD Inco also increases the groups total sales of copper, which were 169,000
tons in 2006. Excluding CVRD Inco from the consolidation, the companys sales in the year were
128,000 tons, 7.3% more than in 2005.
Kaolin
CVRD achieved another sales record in this product in 2006, shipping 1.323 million tons, 8.6% more
than in 2005.
Potash
Another record, in both production and sales, in 2006: 733,000 tons, 14.2% more than the 641,000
tons sold in 2005 made possible by Completion of the expansion of output at the
Taquari-Vassouras mine to 850,000 tons.
Precious metals and cobalt
In 2006, precious metals (gold and silver), and the platinum group metals, extracted as
sub-products from the nickel operations in Canada, contributed R$ 221 million to the companys
total revenue, with
platinum sales totaling R$ 108 million. Sales of cobalt were R$ 40 million.
Aluminum
CVRDs total sales revenue from products in the aluminum chain in 2006 was R$ 5.5 billion, 11.8% of
its total sales revenue, and 43.5% higher than its R$ 3.8 billion sales of aluminum products in
2005.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
09.02 CHARACTERISTICS OF THE BRANCH OF ACTIVITY
Bauxite
As a result of the need to feed modules 4 and 5 of the Barcarena refinery, CVRDs external sales of
bauxite in 2006, at 4.085 million tons, were lower than the 5,600 million tons sold outside the
company in 2005.
Alumina
The very significant (84.5%) growth in volume of alumina sold is a direct result of the expansion
of the Barcarena refinery which, with the startup of Modules 4 and 5 in the first half of 2006,
increased its nominal production capacity to 4.3 million tons/year. As a result, sales marked up
one more record: 3.207 million tons in 2006, compared to 1.738 million tons in 2005.
Aluminum
CVRDs sales of primary aluminum, 510,000 tons in 2006 another record exceeded 2005 sales by
12,000 tons.
|
|
|
* |
|
2006 includes two months of CVRD Inco. |
Logistics services
In 2006 CVRDs gross revenue from logistics services was R$ 3.4 billion, 7.3% of the companys
total revenue, and 3.5% higher than its logistics revenue of R$ 3.3 billion in 2005. Railroad
transport of general cargo contributed R$ 2.6 billion; port services, R$ 515 million; and coastal
shipping and port support services R$ 312 million.
The railroads administered by CVRD the Carajás railroad (EFC), the Vitória-Minas railroad
(EFVM), the Centro-Atlântica railroad (FCA) and MRS Logística transported 28,922 billion ntk
(net ton kilometers) of general cargo for clients, a volume similar to the total carried in 2005,
28.379 ntk.
The main cargoes transported were steel industry inputs and products, 45.1% of the total; farm
products mainly soy beans, sugar and fertilizers 38.3%; fuels, 7.2%; and inputs for building
construction and forest products, 6.4%. For the second year running, problems in Brazilian output
of grain, and steel, limited the expansion of our logistics services.
Our sea ports and terminals handled 29.600 million tons of general cargo, compared to 30.530
million tons in 2005.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
09.02 CHARACTERISTICS OF THE BRANCH OF ACTIVITY
Economic and financial performance
Highlights in 2006:
|
|
|
Gross revenue: R$ 46.7 billion, 32.2% more than in 2005. |
|
|
|
|
Consolidated exports: US$ 9.6 billion, 37.5% more than in 2005. |
|
|
|
|
Net exports (exports less imports): US$ 8.8 billion, 38.6% more than in 2005. CVRD
contributed 19.0% of the Brazilian trade surplus in 2006. |
|
|
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Operational profit as measured by Ebit: R$ 20.1 billion, with Ebit margin of 44.4%. |
|
|
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|
Cash flow, measured by Ebitda, of R$ 22.7 billion. |
|
|
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|
Net profit of R$ 13.4 billion, corresponding to R$5.56 per share. |
|
|
|
|
Capital expenditure of US$ 26.3 billion, US$ 3.5 billion in organic growth, US$ 1.3
billion in maintaining existing business, and US$ 21.5 billion in acquisitions
(calculated by US GAAP). |
|
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|
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CVRD: financial indicators |
|
R$ million |
|
2003 |
|
|
2004 |
|
|
2005 |
|
|
20061 |
|
Gross operational revenue |
|
|
20,895 |
|
|
|
29,020 |
|
|
|
35,350 |
|
|
|
46,746 |
|
Exports (US$ million) |
|
|
4,229 |
|
|
|
5,534 |
|
|
|
7,021 |
|
|
|
9,656 |
|
Net exports (US$ million) |
|
|
3,672 |
|
|
|
4,618 |
|
|
|
6,339 |
|
|
|
8,784 |
|
Ebit |
|
|
6,665 |
|
|
|
10,306 |
|
|
|
14,556 |
|
|
|
20,089 |
|
Ebit margin (%) |
|
|
33.1 |
|
|
|
37.4 |
|
|
|
42.8 |
|
|
|
44.4 |
|
Ebitda |
|
|
8,100 |
|
|
|
12,249 |
|
|
|
16,701 |
|
|
|
22,759 |
|
Net profit |
|
|
4,509 |
|
|
|
6,460 |
|
|
|
10,443 |
|
|
|
13,431 |
|
Net profit per share (R$)2 |
|
|
1,96 |
|
|
|
2,81 |
|
|
|
4,54 |
|
|
|
5,56 |
|
Annualized ROE (%) |
|
|
31.7 |
|
|
|
34.8 |
|
|
|
43.3 |
|
|
|
34.4 |
|
Capital expenditure3 (US$ million) |
|
|
1,988 |
|
|
|
2,092 |
|
|
|
4,998 |
|
|
|
26,324 |
|
|
|
|
1 |
|
Financial indicators include consolidation of CVRD Inco as
of the fourth month of 2006. |
|
2 |
|
Adjusted for share splits. |
|
3 |
|
Includes acquisitions. |
Operational revenue
CVRDs gross operational revenue in 2006 was R$ 46.7 billion, the highest in its history, 32.2%
higher than the R$ 35.3 billion earned in 2005, and 61.1% more than the 2004 total of R$ 29.0
billion.
Consolidation of CVRD Inco contributed R$ 6.0 billion to the increase in operational revenue. Price
increases were responsible for R$ 6.0
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
09.02 CHARACTERISTICS OF THE BRANCH OF ACTIVITY
billion, variations in volume R$ 2.8 billion, and appreciation of the Brazilian Real against the US
Dollar over the year produced a negative impact of R$ 3.4 billion.
Sales of ferrous ores were 59.1% of the companys gross revenue in 2006 followed by non-ferrous
minerals with 18.2%; products of the aluminum chain bauxite, alumina and aluminum with 11.8%,
logistics services with 7.3%, and steel products with 3.2%.
The accounting statements of the subsidiary CVRD Inco were consolidated into the results in BR GAAP
starting in the fourth quarter of 2006. Since the acquisition took place on October 24, 2006, only
a little more than two months of the last quarter are included in the consolidated data. The chart
on the shows the breakdown of pro-forma consolidated gross revenue in BR GAAP for 2006, that is,
including 12 months of CVRD Inco.
Revenue from sales of iron ore and pellets was 44.0% of CVRDs total revenues of R$ 58.4 billion in
2006. Sales of nickel were 25.0%, products in the aluminum chain bauxite, alumina, and aluminum
10.0%, copper 7.0%, logistics services 6.0%, manganese and ferro alloys 2.0%, and other products
6.0%. This distribution shows a much more diversified portfolio of products.
Asia became the main sales destination, providing 37.3% of the total revenue, now ahead of the
Americas which provided 33.4%. Revenue from sales especially to China continued to grow
strongly during the year, increasing by 61.4%, from R$ 5.1 billion in 2005 or 14.6% of the
companys total revenue to R$ 8.3 billion in 2006, or 17.8%. in 2006, CVRD became the largest
sole supplier of iron ore to the Chinese market, with shipments of 77.9 million tons.
Although the Brazilian market contributed R$ 8.6 billion to the companys revenue, 6.3% more than
in 2005, its percentage of CVRDs total revenue declined from 22.8% in 2005 to 18.4% in 2006. This
reflects the limited share in shipments of nickel and copper, and the slight expansion in sales of
iron ore to Brazil, of only 2.1%.
Net operational revenue in the year totaled R$ 45.3 billion, 33.2% more than in 2005.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
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1 CVM CODE
|
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2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
09.02 CHARACTERISTICS OF THE BRANCH OF ACTIVITY
Operational costs and expenses
In 2006 CVRDs Cost of Goods Sold (COGS) totaled R$ 20.7 billion, 27.3% more than the R$ 16.3
billion of 2005. The main cost item was outsourced services, R$ 4.2 billion, or 20.2% of total
COGS. The consolidation of CVRD Inco also included costs.
Expenses on electricity, fuel and gases were a factor in the increase of costs, totaling R$ 3.9
billion. Increase in the total volume of the companys productive activities also increased
operational expenses. Expenses on material were R$ 3.5 billion of COGS (vs. R$ 3.1 billion in
2005), and of this total R$ 275 million, or 7.9%, was in CVRD Inco. The main components of this
item are expenditure on parts and components of equipment, inputs, tires and conveyor belts.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
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COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
09.02 CHARACTERISTICS OF THE BRANCH OF ACTIVITY
Personnel expenses were R$ 2.3 billion of which R$ 520 million were in CVRD Inco compared to
R$ 1.4 billion in 2005. There was no wage increase arising from a collective wage agreement in
2006. CVRD made an agreement with the employees for an annual wage increase of 3.0% starting in
January 2007, valid until October of this year, with an extraordinary bonus being paid to employees
in August 2006.
As a result of the expansion in the base of the companys assets, from R$ 33.8 billion at the end
of 2005 to R$ 77.6 billion at the end of 2006, depreciation and depletion expenses increased by R$
439 million, from R$ 1.8 billion to R$ 2.3 billion. CVRD Inco was responsible for R$ 267 million of
this increase.
Expenses on research and development (R&D), totaling R$ 1.0 billion, were 55.1% higher than in
2005 (R$ 672 million), and 136.8% more than in 2004 (R$ 440 million). Of the expenses in 2006, R$
84 million related to CVRD Inco. The growth in recent years derives from CVRDs strategy focused on
organic growth, which necessarily implies expansion of investment in mining exploration and
feasibility studies for the development of mineral deposits in various countries.
Other operational expenses totaled R$ 1.4 billion in 2006, R$ 619 million more than in 2005. A
large part of this change was a provision of R$ 364 million for future investment in closing of
mines and environmental recovery of the areas mined, construction and improvement of dams, and
other preventive actions related to protection of the environment.
Operational profit
CVRDs operational profit was once again a record, in 2006: R$ 20.1 billion, the highest
operational profit in its history. Ebit was 38.0% higher than in 2005, on net sales revenue R$ 11.3
billion higher, partially offset by a R$ 4.4 billion increase in COGS, and an increase of R$ 1.3
billion in operational expenses. Ebit margin in 2006 was 44.4%.
CVRD Inco contributed R$ 2.9 billion to the companys total operational profit; excluding it, Ebit
in 2006 would have been 18.0% higher than in 2005.
Disinvestment of assets generated various gains, totaling R$ 1.2 billion, in 2006: R$ 737 million
on the stake in GIIC, R$ 135 million on shares in Usiminas; R$ 197 million on shares in Siderar; R$
123 million on shares in Gerdau; and R$ 20 million on Nova Era Silicon. The sales of shares in
Usiminas and Siderar were accounted in the fourth quarter while R$ 34 million of the gain on the
shares in Gerdau was posted in the third quarter, and the remaining R$ 89 million in the last
quarter. In 2005 the gain on sales of assets was R$ 298 million. The company posted net financial
expenses of R$ 1.7 billion, vs. expenses of R$ 1.3 billion in 2005.
Net financial expenses increased from R$ 1.6 billion in 2005 to R$ 2.9 billion in 2006, primarily
reflecting the increase in the companys debt from US$4.1 billion in 2005 to US$10.1 billion in
2006. Financial revenues totaled R$ 761 million, compared to R$ 339 million in the previous year,
due to higher interest rates and increase in the average value of cash and cash equivalents
available.
Monetary variations were also in favor of the financial result, contributing revenue of R$ 438
million.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
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1 CVM CODE
|
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
|
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33.592.510/0001-54 |
09.02 CHARACTERISTICS OF THE BRANCH OF ACTIVITY
Stockholdings in other companies represented an expense of R$ 199 million in 2006, a difference of
R$ 468 million compared with the positive contribution of R$ 269 million from minority
stockholdings in 2005. There was an increase in the payment of goodwill in consolidated companies,
relating to Caemi (R$ 435 million in 2006, vs. R$ 142 million in 2005) and in relation to Inco (R$
119 million in 2006). The contributions from CVRDs holdings in steel companies totaled R$ 317
million; and the income from joint ventures for coal production in
China, R$ 56 million.
The goodwill on the acquisition of Inco will be amortized over 10 years. It should be noted that
these amortizations do not generate tax effects nor financial effects.
Net profit
CVRDs net profit in 2006 of R$ 13.4 billion, equivalent to R$ 5.56 per share, was 28.6% higher
than its net profit of R$ 10.4 billion in 2005. The contribution of CVRD Inco in 2006 was R$ 867
million.
The increase reflects operational profit of R$ 5.5 billion, partially offset by net financial
expenses of R$ 469 million, and non-operational expenses of R$ 513 million, also income from
stockholdings R$ 468 million lower, and revenue from minority stockholdings R$ 73 million lower.
Cash flow: Ebitda
Cash flow, measured as Ebitda, in 2006 was R$ 22.7 billion, CVRD Inco contributing R$ 3.2 billion.
Total Ebitda was 36.3% more than the companys 2005 Ebitda of R$ 16.7 billion.
The main factors in the increase were Ebit R$ 5.5 million higher, and depreciation R$ 536 million
higher. In 2006 CVRD received R$ 140 million in dividends from non-consolidated companies, compared
to R$ 151 million in 2005.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
09.02 CHARACTERISTICS OF THE BRANCH OF ACTIVITY
Cash flow by business area in 2006 breaks down as follows: ferrous minerals 64.6%; non-ferrous
minerals 18.6%; products in the aluminum chain 10.7%; logistics 6.1%; and steel 1.5% discounting
R&D expenses, which totaled 1.5% of Ebitda.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
10.01 MAIN PRODUCTS AND/OR SERVICES
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1 - ITEM |
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2 - MAIN PRODUCTS AND/OR SERVICES |
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3 - % OF NET PROCEEDS |
01 |
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Iron Ore |
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63.66 |
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02 |
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Pellets |
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18.73 |
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FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
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1 CVM CODE
|
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
|
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33.592.510/0001-54 |
11.01 PRODUCTION PROCESS
Ferrous minerals
Our ferrous minerals business segment includes:
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iron ore mining, |
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pellet production, |
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manganese ore mining, and |
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ferroalloy production. |
Iron ore operations
We conduct our iron ore business primarily at the parent company level and through our
subsidiaries MBR and Urucum Mineração S.A., or Urucum. Our iron ore mining and related operations
are concentrated in three systems in Brazil, the Southeastern System, the Southern System and the
Northern System, further described below. The operation of these separate systems, each with its
own transportation capability, enhances the reliability of the service we provide our customers.
Southeastern System
The Southeastern System, carved out of our former Southern System, recently became a
separately managed department. Located in the southeastern Brazilian state of Minas Gerais, in a
region known as the Iron Quadrangle, the iron ore mines of the Southeastern System are divided into
three mining areas: Itabira, Centrais Mines, and Mariana. Our railroad, the Vitória a Minas
railroad, connects the mines in these areas to the Tubarão port in Vitória, in the Brazilian state
of Espírito Santo.
Iron ore in the Southeastern System is mined by open-pit methods. These ore reserves have high
ratios of itabirite ore relative to hematite ore. Itabirite is a quartz-hematite rock with an
average iron content ranging from 35-60%, requiring concentration to achieve shipping grade, which
is above a 64% average iron content. Hematite is a high-grade ore with an average iron content of
approximately 66%.
Mines in the Southeastern System generally process their run-of-mine by means of standard
crushing, classification and concentration steps, producing sinter feed, lump ore and pellet feed
in the beneficiation plants located at the mining sites.
In 2006, we produced 100% of the electric energy consumed in the Southeastern System at our
Igarapava, Porto Estrela, Funil, Candonga, Aimorés and Capim Branco I hydroelectric power plants.
The Southeastern System is accessible by road or by spur tracks of the Vitória a Minas railroad.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
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1 CVM CODE
|
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
11.01 PRODUCTION PROCESS
Southern System
The new Southern System, located in the Brazilian states of Minas Gerais and Rio de Janeiro,
consists of the Oeste mines and the mines of MBR. MBR presently operates three major mining
complexes:
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the Pico complex, comprised of the Pico, Sapecado and Galinheiro mines, with one major plant
and three secondary plants; |
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the Vargem Grande complex, comprised of the Tamanduá, Capitão do Mato and Abóboras mines,
and one major beneficiation plant; and |
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the Paraopeba complex, comprised of the Jangada mine (with a beneficiation plant), the
Capão Xavier mine (with the Mutuca beneficiation plant) and the Mar Azul mine (with a
beneficiation plant). |
Wet beneficiation processes are used to convert run-of-mine obtained from open-pit mining
operations into lump ore, sinter feed fines and pellet feed fines, in addition to hematitinha, a
product used primarily by Brazilian pig-iron producers.
The iron ore produced in our Southern System is transported by MRS Logística S.A. (MRS), a
railway company in which we hold, directly and indirectly, 37.2% of the voting capital and 40.5% of
the total capital, to the Guaíba Island and Itaguaí maritime terminals, both located in the
Brazilian state of Rio de Janeiro. In 2006, we produced 22% of the electric energy consumed in the
Southern System at our Igarapava, Porto Estrela, Funil, Candonga, Aimorés and Capim Branco I
hydroelectric power plants.
Northern System
The Northern System is comprised of open-pit iron ore mines and an ore-processing complex in
the Carajás region of the Brazilian state of Pará. The mines are located in the north of Brazil on
public lands for which we hold mining concessions. The Northern Systems reserves are among the
largest iron ore deposits in the world. These reserves are divided into two main ranges (north and
south), situated approximately 35 kilometers apart. Iron ore mining activities in the Northern
System are currently being conducted in the northern range, which is divided into five main mining
bodies (N4E, N4W, N5W, N5E and N5EN).
Because of the high iron content (66.8% on average) in the Northern System deposits, we do not
have to operate a concentration plant at Carajás. The beneficiation process consists simply of
sizing operations, including screening, hydrocycloning, crushing and filtration. This allows us to
produce marketable iron ore in the Northern System at a lower cost than in the Southern and
Southeastern Systems. Output from the beneficiation process consists of sinter feed, pellet feed,
special fines for direct reduction processes and lump ore. After completion of the beneficiation
process, our Carajás railroad transports Northern System iron ore to the Ponta da Madeira maritime
terminal in the Brazilian state of Maranhão.
Our complex in Carajás is accessible by road, air and rail. It obtains electrical power at
market rates from regional utilities. To support our Carajás operations, we have housing and other
facilities in a nearby township.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
11.01 PRODUCTION PROCESS
Casa de Pedra
In March 2001, we acquired certain rights of first refusal with respect to the Casa de Pedra
iron ore mine of CSN (Companhia Siderúrgica Nacional): the right, for thirty years, to purchase at
market prices any excess iron ore as defined in the agreement; the right, for thirty years, to
purchase or lease the mine if CSN decides to sell or lease it; and the right, for thirty years, to
become a joint venture partner if CSN decides to form a pelletizing joint venture with a third
party using iron ore produced by the mine. On August 10, 2005, CADE issued a decision approving
certain of our acquisitions, which imposed certain conditions on us, including a full waiver of our
preemptive rights relating to the Casa de Pedra iron ore mine.
Iron ore projects
We are developing the following iron ore projects in Brazil:
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Carajás expansion to 130 Mtpa. This expansion is a brownfield project to increase production
capacity in the northern part of the Carajás mineral province. Investment in this project is
estimated at US$1.8 billion, covering costs of mine expansion, a primary crushing plant,
processing and classification units, locomotives and wagons. In 2007 the detailed engineering
project is to be drawn up and completion is scheduled for 2009. |
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Fazendão. This project is expected to produce 15.8 million metric tons of run-of-mine
(unprocessed ore) iron ore per year and will allow the commencement of operations at Samarcos
third pellet plant. Construction began in the second half of 2006, and operations are
scheduled to begin in the first quarter of 2008. |
Pellets
We produce iron ore pellets in our own plants and through joint ventures. We suspended
operations at our São Luís pelletizing plant from March to July 2006 due to a decrease in the
global demand for pellets, which is more concentrated in North America and Europe.
We sell pellet feed to our pelletizing joint ventures at market-based prices. Historically, we
have supplied all of the iron ore requirements of our wholly owned pelletizing plants and our joint
ventures, except for Samarco and GIIC, to which we supply a portion of their needs. Of 2006 total
pellet production, 69% was attributable to blast furnace pellets, and the remaining 31% to direct
reduction pellets, which are used in steel mills that use the direct reduction process rather than
blast furnace technology.
We are the operator of pelletizing joint ventures located in the Tubarao Port area. In 2006,
we received US$72 million in fees for operating the plants of these joint ventures.
Iron ore pellets projects
We are developing the following iron ore pellets projects in Brazil and in China:
Samarco expansion. We are increasing pellet production capacity at Samarco, our 50% joint
venture with BHP Billiton, which pellet plant is located in the Brazilian state of Espírito Santo.
The expansion at Samarco is expected to add 7.6 million metric tons per year of capacity. In 2006,
the engineering and groundleveling projects were completed. In 2007, construction works and the
assembly of electrical and mechanical components will be undertaken, with operational start-up
planned for the first half of 2008. Samarco obtained its own financing for the project.
Itabiritos project. We are building a pellet plant, located in the Brazilian state of Minas
Gerais, with a capacity of 7 million metric tons per year, an iron ore concentration plant, and a
short iron-ore slurry pipeline. The development of Itabiritos began in 2006, with the basic
engineering project and the commencement of civil engineering works. Itabiritos operations are
scheduled to begin in the first half of 2008.
Joint venture in China. In September 2006 our subsidiary MBR acquired a 25% stake in a joint
venture, called Zhuhai YPM, to build a new pelletizing plant in Zhuhai, Guandong, China. We expect
to invest US$4 million in this project, and we will supply at least 70% of the iron ore used to
feed the plant, pursuant to a 30-year contract. The plant is expected to become operational in
2008. The other partners in this joint venture are Zhuhai Yueyufeng Iron and Steel Co. Ltd. (with a
40% stake) and Pioneer Iron & Steel Group Co. Ltd. (with a 35% stake).
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
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1 CVM CODE
|
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2 NAME OF THE COMPANY
|
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
11.01 PRODUCTION PROCESS
Copper
Copper operations
We conduct our copper operations in Brazil at the parent company level and in Canada through
CVRD Inco.
Brazilian copper operations
Our Sossego copper mine is in Carajás, in the Brazilian state of Pará. The Sossego mine has
two main copper ore bodies, Sossego and Sequeirinho. The copper ore is mined by open-pit method and
the run-of-mine ore is processed by means of standard primary crushing and conveying, SAG milling
(a semi-autogenous mill which uses a large rotating drum filled with ore, water and steel grinding
balls which transforms the ore into a fine slurry), ball milling, copper concentrate flotation,
tailings disposal, concentrate thickening, filtration and load out.
Projected annual operating capacity is 15 million metric tons of run-of-mine ore, to produce
an average of 140,000 metric tons of copper contained in concentrate (30% grade). The ramp-up
process was completed in 2006. The concentrate is trucked to a storage terminal in Parauapebas and
then transported via the Carajás railroad to the Ponta da Madeira maritime terminal in São Luís, in
the Brazilian state of Maranhão.
We have constructed an 85-kilometer road to link Sossego to the Carajás air and rail
facilities and a power line that allows us to purchase electrical power at market rates. We have a
long-term energy supply contract with Eletronorte, which sells us energy from the Tucuruí
hydroelectric power plant located on the Tocantins River.
We are constructing a semi-industrial scale plant for copper processing, Usina
Hidrometalúrgica de Carajás UHC, that is designed to produce copper cathode using the
hydro-metallurgical technology process route. We will use Sossego copper concentrate to feed this
plant, which is located at our Sossego mine in Carajás. Operations are scheduled to begin in the
third quarter of 2007, with an annual production capacity of 10,000 metric tons of copper. If
proven to be efficient, we believe this technology could be used to process the sulphide ore
produced by the mines of Carajás region at a very competitive cost.
Copper projects
We are developing the following copper projects in Brazil:
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Salobo. We own a 100% stake in the Salobo project in Brazil, for which feasibility study was
concluded in January 2007. Our Board of Directors has approved an investment in Salobo of
US$855 million. However, the start-up of the development of the project is contingent to an
appropriate tax structure, which is being currently discussed with government authorities. |
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Project 118. We are developing the 118 copper project, which has an average production
capacity of approximately 36,000 metric tons of copper per year, and its estimated total cost
is US$232 million. A preliminary license was obtained in April 2006, and key equipment was
ordered at the end of 2006. Basic engineering for the project has been concluded. Project 118
is scheduled to begin operations in the first half of 2009, but we are still awaiting the grant
of a license without which construction cannot begin. Therefore, the timing of start-up could
be revised. In 2005, in accordance with the Mineral Risk Contract, we entered into a specific |
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
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1 CVM CODE
|
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2 NAME OF THE COMPANY
|
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
11.01 PRODUCTION PROCESS
agreement
with the Brazilian Development Bank (Banco Nacional de Desenvolvimento Econômico e Social), or
BNDES, which establishes that CVRD shall pay to BNDES a specified percentage of Project 118s
net revenues that will vary in accordance with copper market prices
Potash
We conduct our potash operations at the parent company level. We lease a potash mine (the
Taquari- Vassouras mine) in Rosario do Catete, in the Brazilian state of Sergipe, from Petrobras
Petróleo Brasileiro S.A. (Petrobras), a Brazilian state-owned oil company. The lease was signed
in 1991, but was effective from 1992 for a period of 25 years, and is renewable for another 25
years. The mine is the only potash mine in Brazil and has a current nominal capacity of 850,000
metric tons per year. Taquari-Vassouras is an underground mine. All sales from the
Taquari-Vassouras mine are to the Brazilian market.
Potash reserves at our Taquari-Vassouras mine decreased from 19.2 to 16.6 million metric tons,
primarily reflecting mining depletion in 2006.
Logistics
Our logistics business comprises the transportation of customers products and passengers. We
conduct this business at the parent-company level, through subsidiaries and through joint ventures.
We have the following logistics businesses at the parent-company level:
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Railroads: Vitória a Minas and Carajás; |
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A port complex: Tubarão; |
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Maritime terminals: Inácio Barbosa and Ponta da Madeira. |
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Our subsidiaries conduct the following logistics activities: |
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Operation of railroads (Ferrovia Centro-Atlântica S.A., or FCA); |
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Operation of ports and maritime terminals (Cia. Portuária Baía de Sepetiba, or CPBS, and
Terminal de Vila Velha S.A., or TVV); |
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Shipping activities (Log-In Logística Intermodal S.A., or Log-In, previously Navegação Vale
do Rio Doce, or Docenave, and DCNDB Overseas S.A., or DCNDB). |
We also hold, directly and indirectly, 37.2% of the voting capital and 40.5% of the total
capital in MRS Logística S.A., a railroad joint venture with Brazilian steel manufacturers.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
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1 CVM CODE
|
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
|
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33.592.510/0001-54 |
11.01 PRODUCTION PROCESS
Railroads
Vitória
a Minas railroad. The Vitória a Minas railroad links our Southeastern System mines in
the Iron Quadrangle region in the Brazilian state of Minas Gerais with the Tubarão Port, in
Vitória, in the Brazilian state of Espírito Santo. We operate this 905-kilometer railroad under a
30-year renewable concession, which expires in 2027. The Vitória a Minas railroad consists of two
lines of track extending for a distance of 601 kilometers to permit continuous railroad travel in
opposite directions, and single-track branches of 304 kilometers. Industrial manufacturers are
located in this area and major agricultural regions are also accessible to it. The Vitória a Minas
railroad has a daily capacity of 312,000 metric tons of iron ore. In 2006, the Vitória a Minas
railroad carried a total of 71.7 billion ntk of iron ore and other cargo, of which 17.7 billion
ntk, or 25%, consisted of cargo transported for customers, including iron ore for Brazilian
customers. The Vitória a Minas railroad also carried approximately 1.1 million passengers in 2006.
The principal cargo of the Vitória a Minas railroad consists of:
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iron ore and pellets, carried for us and customers; |
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steel, coal, pig iron, limestone and other raw material carried for customers with steel
mills located along the railroad; |
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agricultural products, such as soybean, soybean meal and fertilizers; and |
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|
|
other general cargo, such as building materials, pulp, fuel and chemical products. |
We charge market rates for customer freight, including pellets originating from joint ventures
and other enterprises in which we do not have a 100% equity interest. Market rates vary based on
the distance traveled, the type of product transported and the weight of the freight in question,
and are regulated by the Brazilian transportation regulatory agency (Agência Nacional de
Transportes Terrestres, or ANTT).
Carajás railroad. We operate the Carajás railroad under a 30-year renewable concession, which
expires in 2027. This railroad, located in the Northern System, starts at our Carajás iron ore mine
in the Brazilian state of Pará, and extends 892 kilometers to our Ponta da Madeira maritime
terminal complex facilities located near the São Luís Port in the Brazilian state of Maranhão. The
Carajás railroad consists of one line of track, with spur tracks and turnouts to permit the passage
of trains in opposite directions. The Carajás railroad has a daily capacity of 255,000 metric tons
of iron ore. In 2006, the Carajás railroad carried a total of 78.0 billion ntk of iron ore and
other cargo (of which 7.0 billion ntk, or 9% consisted of cargo transported for customers,
including iron ore for Brazilian customers). The Carajás railroad also carried approximately 372
thousand passengers in 2006. The main cargo of the Carajás railroad consists of iron ore,
principally carried for us. In 2007, we also intend to begin operations of the largest capacity
train in Latin America. This train will have 340 cars, measure 3.2 kilometers and weigh 37,900
gross metric tons when loaded.
Ports and maritimeTerminals
We operate ports and terminals principally as a means to complete the distribution of our iron
ore and pellets to seaborne vessels serving the export seaborne market. Information on the
CompanyLines of businessMiningFerrous mineralsPelletsDistributioniron ore and pellets.
We also use our ports and terminals to handle third-party cargo. In 2006, 15% of the cargo handled
by our ports and terminals represented cargo handled for third parties.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
11.01 PRODUCTION PROCESS
Tubarão Port. The Tubarão Port, which covers an estimated area of 18 square kilometers, is
located near the Vitória Port in the Brazilian state of Espírito Santo. The iron ore maritime
terminal located in this area has two piers. Pier I can accommodate two vessels at a time, one of
up to 170,000 DWT on the southern side and one of up to 200,000 DWT on the northern side. Pier II
can accommodate one vessel of up to 365,000 DWT at a time, limited at 20 meters draft plus tide. In
Pier I there are two ship loaders, which can load up to a combined total of 14,000 metric tons per
hour. In Pier II there are two ship loaders that work alternately and can each load up to 16,000
metric tons per hour. In 2006, 88.1 million metric tons of iron ore and pellets were shipped
through the terminal for us. Praia Mole Terminal, also located in the Tubarão Port, is principally
a coal terminal and handled 10.9 million metric tons in 2006. We operate a grain terminal called
Terminal de Produtos Diversos, in the Tubarão area, which handled 4.8 million metric tons of grains
and fertilizers in 2006. We also operate a bulk liquid terminal that handled 1.2 million metric
tons in 2006.
Vitória Port. CVRD operated the Paul Terminal, located near the Vitória Port in the Brazilian
state of Espírito Santo, which specializes in the handling of pig iron. This terminal has one pier
that can accommodate one vessel up to 75,000 DWT, which can load up to 900 tons per hour. The Paul
Terminal handled 1.7 million metric tons of pig iron in 2006.
The lease for the terminal expired in February 2007, and the lessor, CODESA (Companhia Docas
do Espírito Santos, a state-owned company), has postponed for over two years the bidding process
for the right to operate the terminal. At the request of the labor union SINDIFER (Sindicato dos
Ferroviários do Espírito Santo/Minas Gerais), the Federal Courts in the state of Espírito Santo
granted an order under which CVRD operated the terminal from February 2007 until April 2007, and
CVRD no longer operates it. CVRD subsequently entered into equipment leasing contracts with
SINDIFER for a period of 180 days, with the possibility of sale to SINDIFER, CODESA or the new port
operator.
Ponta da Madeira maritime terminal. The Ponta da Madeira maritime terminal is located near
the Itaqui Port in the Brazilian state of Maranhão. The terminal facilities can accommodate three
vessels. Pier I can accommodate vessels displacing up to 420,000 DWT. Pier II can accommodate
vessels of up to 155,000 DWT. The two berths have a maximum loading rate of 16,000 tons per hour at
Pier I and 8,000 tons per hour at Pier II. In February 2004, Pier III began operations. Pier III
has two berths, can accommodate vessels of up to 220,000 DWT and has a maximum loading rate of
8,000 metric tons per hour in each berth.
Cargo shipped through our Ponta da Madeira maritime terminal consists principally of our own
iron ore production. Other cargo includes manganese ore and copper concentrate produced by us and
pig iron and soybeans for third parties. In 2006, 77.0 million metric tons were handled through the
terminal for us and 4.7 million metric tons for customers.
Inácio Barbosa maritime terminal (TMIB). Since November 1994, CVRD has operated the Inácio Barbosa
maritime terminal located in the Brazilian state of Sergipe. This terminal was built by
PetrobrasPetróleo Brasileiro S.A. and transferred to Sergiportos, a state-owned company. In
December 2002, Petrobras took over control of the Inácio Barbosa maritime terminal in exchange for
the cancellation of a liability of the Brazilian state of Sergipe. CVRD and Petrobras entered into
an agreement in December 2002, which allows CVRD to run this terminal for a period of 10 years
ending in December 2012. In 2006, 1,000 metric tons of fuel and agricultural and steel products
were shipped through the Inácio Barbosa maritime terminal.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
11.02 COMMERCIALIZATION, DISTRIBUTION PROCESS, MARKETS AND EXPORTATION
CVRD has a team of employees specially trained to interact with customers from different segments
and cultures, with distinct needs. The success of customer relations is a reflection of the high
quality of its products and services and its strategy of supplying tailor-made solutions to each
company.
The plentiful mineral reserves and integrated ore production, loading and transport systems enable
CVRD to expedite supplies of high-quality products for any process existing in the world. In the
logistics area, the Company generates value for its customers based on integrated and customized
solutions. All operations are supported by the latest technology and by CVRDs own assets, such as
strategically located railroads and port facilities.
Contracts signed with service providers include clauses establishing the obligation of the
contractor to fully comply with all job safety requirements, labor and social security
legislation, including the strict prohibition of child labor in any Company activity. With regard
to outsourced workers and professionals, CVRD maintains well defined contractual relations and
follows the rules of labor and social security co-responsibility as practiced in Brazil.
Strongly committed to the socioeconomic advancement of the regions where it operates, CVRD
sponsors programs to develop suppliers in the states of Espírito Santo, Maranhão, Minas Gerais and
Pará, in partnership with state and municipal governments, trade associations, industrial
federations and other public groups of the Third Sector.
Operating abroad in the sale of CVRDs iron ore are:
|
|
|
ð
|
|
Rio Doce International S.A.: a CVRD subsidiary, operates as an agent in Europe; |
|
|
|
ð
|
|
Rio Doce Asia Kabuschiki Kaisha:
a CVRD subsidiary, operates as an agent in Asia; |
|
|
|
ð
|
|
CVRD Overseas: an indirect subsidiary of CVRD dedicated to sales to the Companys
six largest customers, located in Europe, the United States and Asia, through
securitization; |
|
|
|
ð
|
|
CVRD International: a CVRD subsidiary, it is engaged in the sale of iron ore to
foreign customers. |
Such distribution is made through railroad transportation, port terminals and ocean
transportation. CVRDs export sales generated gross operating revenues as follows over the past
three years:
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
11.02 COMMERCIALIZATION, DISTRIBUTION PROCESS, MARKETS AND EXPORTATION
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
IN MILLIONS OF REAIS |
EXPORT SALES |
|
2006 |
|
2005 |
|
2004 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating income |
|
|
19,874 |
|
|
|
18,098 |
|
|
|
13,785 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Export sales |
|
|
13,038 |
|
|
|
11,694 |
|
|
|
8,985 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Percentage |
|
|
66 |
|
|
|
65 |
|
|
|
65 |
|
Sales to the various export markets were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
IN MILLIONS OF TONS |
|
|
|
|
EXPORT SALES - CVRD |
|
2006 |
|
% |
|
2005 |
|
% |
|
2004 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AMERICAS |
|
|
9,976 |
|
|
|
5,9 |
|
|
|
10.264 |
|
|
|
6,5 |
|
|
|
11.582 |
|
|
|
8,2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EUROPE |
|
|
57,035 |
|
|
|
33,8 |
|
|
|
61.687 |
|
|
|
39,3 |
|
|
|
59.683 |
|
|
|
42,4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
JAPAN |
|
|
21,793 |
|
|
|
13,0 |
|
|
|
19.073 |
|
|
|
12,3 |
|
|
|
15.796 |
|
|
|
11,3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
ASIA |
|
|
71,589 |
|
|
|
42,5 |
|
|
|
55.740 |
|
|
|
35,5 |
|
|
|
44.620 |
|
|
|
31,7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
MIDDLE EAST, AFRICA AND OCEANIA |
|
|
8,102 |
|
|
|
4,8 |
|
|
|
10.093 |
|
|
|
6,4 |
|
|
|
9.043 |
|
|
|
6,4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL |
|
|
168,495 |
|
|
|
100,0 |
|
|
|
156.857 |
|
|
|
100,0 |
|
|
|
140.724 |
|
|
|
100,0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
11.03 COMPETITORS
The global iron ore market is highly competitive. Several large producers operate in this
market. The main factors affecting competition are price, quality, range of products offered,
reliability, operating costs and shipping costs. In 2006, the Asian market (primarily China, Japan
and South Korea) and the European market were the primary markets for our iron ore.
Our biggest competitors in the Asian market are located in Australia and include subsidiaries
and affiliates of BHP Billiton PLC and Rio Tinto Ltd. Although the transportation costs of
delivering iron ore from Australia to Asian customers are generally lower than ours as a result of
Australias geographical proximity, we believe we are able to remain competitive in the Asian
market for two main reasons. First, steel companies generally seek to obtain the types (or blends)
of iron ore and pellets that can produce the intended final product in the most economic and
efficient manner. Our iron ore has low impurity levels and other properties that generally lead to
lower processing costs. For example, the alumina content of our iron ore is very low compared to
Australian ore and has high iron content, improving productivity in blast furnaces, which is
important especially during periods of high demand. Second, steel companies often develop sales
relationships based on a reliable supply of a specific mix of iron ore and pellets. We have a
customer-oriented marketing policy and place specialized personnel in direct contact with our
clients to help determine the blend that best suits each particular customer. In general, in the
Northern and Southeastern Systems, our ownership of the process of transporting iron ore to our
ports makes it easier for us to ensure that our products get to our ports on schedule and at
competitive costs.
We are competitive in the European market for the reasons we described above, as well as the
proximity of the Ponta da Madeira and Tubarão port facilities to European customers. Our principal
competitors in Europe are:
|
|
|
Kumba Resources (South Africa); |
|
|
|
|
Luossavaara Kiirunavaara AB LKAB (Sweden); |
|
|
|
|
Société Nationale Industrielle et Minière SNIM (Mauritania); |
|
|
|
|
Rio Tinto PLC (UK), Rio Tinto Ltd (Australia) and their subsidiaries and affiliates; and |
|
|
|
|
BHP Billiton (Australia) and its subsidiaries and affiliates. |
The Brazilian iron ore market is competitive, with a wide range of smaller iron ore producers
and integrated steel companies such as CSN and Mannesmann. Although pricing is relevant, quality
and reliability are important competitive factors as well. We believe that our integrated
transportation systems, high-quality ore and technical services make us a strong competitor in
Brazilian sales. Prices to Brazilian customers are based on global reference prices decreased by
the transportation costs to their facilities.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
12.01 PATENTS, TRADEMARKS AND FRANCHISES
PATENTS
CVRDs numerous patents are fundamental in achieving its objectives for technological research and
development. The Company holds 607 patents: 383 of these are in Brazil (212 of which have been
granted and 171 are pending with the National Institute of Intellectual Property INPI), while
the remaining 224 are abroad (128 granted and 96 pending with the competent agencies).
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
14.01 COMPANY PROJECTIONS FUTURE PLANS/RESULTS: Nothing to report.
14.02 RECOMMENDABLE BUT NOT COMPULSORY INFORMATION: Nothing to report.
14.03 OTHER INFORMATION DEEMED IMPORTANT FOR A BETTER UNDERSTANDING OF THE COMPANY
(a) By type of asset:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Parent Company |
|
|
Average |
|
2006 |
|
2005 |
|
|
depreciation |
|
|
|
|
|
Accumulated |
|
|
|
|
|
|
rates |
|
Cost |
|
depreciation |
|
Net |
|
Net |
Land and buildings |
|
|
2,78 |
% |
|
|
2,360 |
|
|
|
(782 |
) |
|
|
1.578 |
|
|
|
1.213 |
|
Installations |
|
|
2,97 |
% |
|
|
9,821 |
|
|
|
(3,235 |
) |
|
|
6.586 |
|
|
|
4.687 |
|
Equipmen |
|
|
7,37 |
% |
|
|
3,178 |
|
|
|
(1,072 |
) |
|
|
2.106 |
|
|
|
1.527 |
|
Information technology
Equipment |
|
|
20,00 |
% |
|
|
1,158 |
|
|
|
(435 |
) |
|
|
723 |
|
|
|
625 |
|
Railroads |
|
|
3,20 |
% |
|
|
8,621 |
|
|
|
(3,349 |
) |
|
|
5.272 |
|
|
|
4.617 |
|
Mine development costs |
|
|
4,95 |
% |
|
|
1,443 |
|
|
|
(225 |
) |
|
|
1.218 |
|
|
|
1.148 |
|
Others |
|
|
9,89 |
% |
|
|
2,298 |
|
|
|
(887 |
) |
|
|
1.411 |
|
|
|
1.012 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
28,879 |
|
|
|
(9,985 |
) |
|
|
18.894 |
|
|
|
14.829 |
|
Construction in progress |
|
|
|
|
|
|
6.771 |
|
|
|
|
|
|
|
6.771 |
|
|
|
5.932 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
|
|
|
|
|
35.650 |
|
|
|
(9.985 |
) |
|
|
25.665 |
|
|
|
20.761 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(*) Calculated as a function of the volume of ore extracted in relation to the proven and
probable reserves.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
ON: 03/31/07
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shareholders |
|
Common Shares |
|
% |
|
Preferred Shares |
|
% |
|
Total |
|
% |
Majority Shareholder |
|
|
784.294.266 |
|
|
|
52,29 |
% |
|
|
|
|
|
|
0.00 |
% |
|
|
784.294.266 |
|
|
|
31,89 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Executives |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Executive Board |
|
|
682 |
|
|
|
0,00 |
% |
|
|
7.833 |
|
|
|
0,00 |
% |
|
|
8.515 |
|
|
|
0,00 |
% |
Directors |
|
|
57.798 |
|
|
|
0,00 |
% |
|
|
245.754 |
|
|
|
0,03 |
% |
|
|
303.552 |
|
|
|
0,01 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fiscal Council |
|
|
|
|
|
|
0,00 |
% |
|
|
7.600 |
|
|
|
0,00 |
% |
|
|
7.600 |
|
|
|
0,00 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trasury |
|
|
28.291.020 |
|
|
|
1,89 |
% |
|
|
15.170.644 |
|
|
|
1,58 |
% |
|
|
43.461.664 |
|
|
|
1,77 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Others |
|
|
687.255.092 |
|
|
|
45,82 |
% |
|
|
944.326.369 |
|
|
|
98,39 |
% |
|
|
1.631.581.461 |
|
|
|
66,33 |
% |
TOTAL |
|
|
1.499.898.858 |
|
|
|
100,00 |
% |
|
|
959.758.200 |
|
|
|
100,00 |
% |
|
|
2.459.657.058 |
|
|
|
100,00 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares Outstanding |
|
|
687.313.572 |
|
|
|
45,82 |
% |
|
|
944.587.556 |
|
|
|
98,41 |
% |
|
|
1.631.901.128 |
|
|
|
66,35 |
% |
ON: 03/31/06
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shareholders |
|
Common Shares |
|
% |
|
Preferred Shares |
|
% |
|
Total |
|
% |
Majority Shareholder |
|
|
392.147.133 |
|
|
|
52,29 |
% |
|
|
|
|
|
|
0.00 |
% |
|
|
392.147.133 |
|
|
|
15,94 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Executives |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Executive Board |
|
|
1.362 |
|
|
|
0,00 |
% |
|
|
7.833 |
|
|
|
0,00 |
% |
|
|
9.195 |
|
|
|
0,00 |
% |
Directors |
|
|
40.099 |
|
|
|
0,01 |
% |
|
|
245.754 |
|
|
|
0,05 |
% |
|
|
285.853 |
|
|
|
0,01 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fiscal Council |
|
|
1.800 |
|
|
|
0,00 |
% |
|
|
7.600 |
|
|
|
0,00 |
% |
|
|
9.400 |
|
|
|
0,00 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Trasury |
|
|
14.145.510 |
|
|
|
1,89 |
% |
|
|
11.458 |
|
|
|
0,00 |
% |
|
|
14.156.968 |
|
|
|
0,58 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Others |
|
|
343.613.525 |
|
|
|
45,81 |
% |
|
|
479.606.455 |
|
|
|
99,95 |
% |
|
|
823.219.980 |
|
|
|
33,47 |
% |
TOTAL |
|
|
749.949.429 |
|
|
|
99,99 |
% |
|
|
479.879.100 |
|
|
|
100,01 |
% |
|
|
1.229.828.529 |
|
|
|
50,00 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Shares Outstanding |
|
|
343.656.786 |
|
|
|
45,82 |
% |
|
|
479.867.642 |
|
|
|
99,99 |
% |
|
|
823.524.428 |
|
|
|
66,96 |
% |
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
14.05 EXPANSION, MODERNIZATION AND DIVERSIFICATION PROJECTS
CVRD to invest US$ 6.3 billion in 2007.
Rio de Janeiro, January 26, 2007 Companhia Vale do Rio Doce (CVRD) hereby announces that its
investment budget for 2007 amounts to US$ 6.334 billion. This figure consolidates planned capital
expenditure of our subsidiary CVRD Inco Limited (CVRD Inco) and is the largest capex budget for
organic growth in the Companys history.1 The capex budget together with the proposal for a
dividend of US$ 1.65 billion for 2007, is consistent with CVRDs financial policy guidelines which
aim to preserve a healthy balance sheet and, more specifically, a level of leverage indicative of a
low-risk debt profile.
In 2006 our capital expenditure amounted to US$ 26.0 billion: US$ 3.241 billion on organic growth
US$ 2.765 billion on projects and US$476 million on research and development (R&D) US$ 1.259
billion on the maintenance of existing businesses and US$ 21.5 billion on acquisitions. CVRD made
four acquisitions last year: Inco (US$ 19 billion), Caemi (US$ 2.4 billion), Rio Verde Mineração
(US$47 million) and Valesul (US$ 27.5 million)
The US$ 19.0 billion invested on the acquisition of Inco comprehends the price of US$ 17.8 billion
plus its net debt of US$1.2 billion. US$15.8 billion were paid to Inco shareholders in 2006 and US$
2.0 billion were disbursed in 2007. The purchase of the 39.8% stake in Caemi belonging to minority
shareholders involved a share exchange, so there was no financial disbursement.
The capex budget for 2007 is US$ 1.8 billion higher than last years figure, ex-acquisitions, of
US$ 4.5 billion. This increase is explained by: (a) the consolidation of new subsidiaries, in
particular CVRD Inco, which is responsible for US$ 1.45 billion of the investment programmed for
this year; (b) a higher concentration of financial disbursement demanded by projects under
development (Itabiritos, Onça Puma and Alunorte).
The maintenance of existing operations has been budgeted at US$ 1.698 billion. The
stay-inbusiness capex for the nickel operations in Canada (Ontario and Manitoba) has been
budgeted at US$ 477 million, representing 28% of the total, given the age of these operations and
the low level of investment in the period 2003-2005 an annual average of US$ 208 million. These
investments are important for the conservation of these operations and extending their useful life.
In addition to considerable quantities of nickel production, in the case of the Ontario operation,
there is also production of copper, cobalt, platinum group metals, gold and silver.
US$ 4.636 billion is to be invested in organic growth, accounting for 73.2% of the total investment
planned for 2007. This amount includes expenditure of US$ 4.230 billion on projects and US$ 406
million on R&D.
Global economic growth, the resumption in investment by the mining and metals industry, rising raw
material prices and the appreciation of mineral exporting countries currencies against the US
dollar such as the Brazilian real and the Canadian dollar have all contributed to a sharp
increase in the cost of mining projects. The price of equipment and engineering services has risen
substantially since 2003, which has contributed to a major increase in the unit cost of mining
projects throughout the world. The Company has been making efforts and taking initiatives to
minimize the impact of this increase on its investments costs.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
14.05 EXPANSION, MODERNIZATION AND DIVERSIFICATION PROJECTS
Investment of US$ 1.635 billion, the equivalent to 25.8% of the total capex budget for 2007, has
been earmarked for the ferrous minerals business. US$ 811 million will be allocated to the aluminum
division, while US$ 720 million has been allocated to the Companys logistics business. US$ 2.550
billion will be spent on non-ferrous minerals, given the development of various large projects.
A capex budget of US$ 6.3 billion for 2007 focused on the development of world-class assets
highlights CVRD continuous quest for profitable growth and value creation. High investment growth
and high returns on invested capital were the sources of a total return to shareholders of 42.7%
per year between 2001 and 2006.
The budgets for the projects include, in addition to the expenditure needed for their development,
investments in education, training, citizenship and infrastructure, contributing to the creation of
a friendly business environment and to a significant improvement of the welfare of the communities
where we operate.
Investment in projects helps to strengthen CVRDs leading position in the global mining industry,
expanding its production capacity of iron ore, pellets, bauxite, alumina, nickel and copper
supported by an efficient logistics infrastructure, which is continuously expanding. Expenditure on
R&D is fundamental for preparing the basis for future growth and competitiveness, consolidating
CVRDs position as a global diversified mining company.
Building new value creation platforms: projects under development
Ferrous minerals capacity continues to expand
In the last twelve months, three iron ore projects have been completed, which together represent an
increase of 60 million tons in production capacity: Carajás 85 Mtpa, Carajás 100 Mtpa and Brucutu.
Brucutu is in its ramp-up phase, expected to produce 23 million tons of iron ore in 2007 and 30
million tons in 2008.
Itabiritos (US$ 385 million) and Fazendão (US$ 101 million), together with the logistics investment
needed to support the expansion in iron ore mining operations the Northern (US$ 337 million) and
Southeastern (US$ 65 million) corridors are the main projects in financial expenditure terms in
2007.
Carajás 130 Mtpy is a brownfield project to increase production capacity in the Northern range of
the Carajás mineral province. The investment is estimated at US$ 1.8 billion, which covers costs of
the mine expansion, a primary crushing plant, processing and classification units, locomotives and
wagons. Completion is scheduled for 2009, while in 2007 the detailed engineering project is to be
drawn up.
The Itabiritos project involves the building of a pellet plant, located in the state of Minas
Gerais, with a capacity of 7 million tons per year, an iron ore concentration plant and a short
iron ore slurry pipeline, at a total cost estimated at US$ 759 million. Its development began in
2006, with the basic engineering project and the start of civil engineering works. Expenditure of
US$ 385 million is planned for this year, with the drawing up of a detailed engineering project,
the assembly of mechanical and electrical components and the start of equipment testing. Itabiritos
is scheduled to begin its operations in the first half of 2008.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
14.05 EXPANSION, MODERNIZATION AND DIVERSIFICATION PROJECTS
Samarco, a joint venture in which we hold 50% stake, is investing US$ 1.2 billion in a pellet
plant, which will not require any CVRD capital injection. A third pellet plant is being built in
Ubu, in the state of Espírito Santo, Brazil, with a nominal capacity of 7.6 million tons, so
increasing Samarcos total capacity to 21.6 million tons per year at an estimated cost of US$ 520
million. This project also includes the building of an iron ore processing plant in the state of
Minas Gerais, Brazil, and an iron ore slurry pipeline, parallel to the existing one, for the
transportation of iron ore from the Germano mine in Minas Gerais to the pellet plant in Ubu. Last
year the engineering and ground-levelling projects were completed. 2007 will see the carrying out of construction works and the assembly of
electrical and mechanical components, with operational start-up planned for the first half of 2008.
In the last few years it has been possible to provide logistics support for the expansion in iron
ore production largely through adding new rolling stock locomotives and wagons to the
Companys railroads. However, we are reaching a point where it becomes increasingly necessary to
invest in the railroad infrastructure to add the capacity required to handle growing volumes of
iron ore production.
Expansion of the Northern corridor, for which investment has been estimated at US$ 748 million,
with an expected disbursement of US$ 337 million in 2007, is being carried out to increase capacity
on the Carajás railroad (EFC) and the Ponta da Madeira maritime terminal (TMPM), to provide growing
support for expanding iron ore production at Carajás. The Southeastern corridor is a project to
expand capacity on the Vitória a Minas railroad (EFVM) and the port of Tubarão, which is expected
to require investment of US$ 288 million, with a budget of US$ 65 million for this year.
Non-ferrous minerals on the way to global leadership in the nickel business
Similarly to iron ore, CVRD has the largest pipeline of nickel projects in the world. The
development of these projects will position the Company as the worlds largest nickel producer.
In 2006, the Board of Directors approved investment in the development of the Onça Puma project, in
the state of Pará, Brazil, which will have a nominal nickel production capacity of 58,000 tons a
year, contained in the form of ferro-nickel, its final product. Investment in the project is
budgeted at US$ 1.437 billion, US$ 613 million of which has
been earmarked for expenditure in 2007. Operational start-up is planned for the fourth quarter of 2008.
Onça Puma has proven and probable reserves of 110.3 million tons, with nickel content of 1.72%
lateritic ore. The beneficiation plant will use RKEF technology (rotary kiln electric furnace),
with a pyro-metallurgical process.
The investment in stages 6 and 7 of the alumina refinery, which will add a further capacity 1.9
million tons per year, will be US$ 846 million, of which US$ 239 million will be spent in 2006,
with estimated completion date in 2008. The budget also includes spending of US$ 14 million at
Paragominas phase two, which will increase bauxite mines production capacity to 9.9 million tons
in 2008.
The development of Onça Puma began in the third quarter of 2006, with the start of ground leveling
and earthworks and the ordering of the main equipment for the project. Currently the ground
leveling and the industrial plateau are at an advanced stage, with the access road to the project
completed. The main equipment is already being manufactured and the detailed engineering plan is
being drawn up.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
14.05 EXPANSION, MODERNIZATION AND DIVERSIFICATION PROJECTS
The earthworks, dams, building foundations and the assembly of metal structures, as well as the
main equipment, should all be completed in 2007. We will also be beginning the building of a 250 km
electricity transmission line and the main substation, works on the marshalling yard and the
purchase of mining equipment.
Vermelho, a project in Carajás province, with an estimated production capacity of 46,000 tons a
year of nickel and 2,800 tpy of cobalt, has an estimated cost of US$ 1.4 billion, with an capital
expenditure budget of US$ 92 million for 2007. The process of obtaining of the necessary licenses
for the development of this project is still ongoing. Vermelho has proven and probable reserves of
290 million tons, with a nickel content of 0.8% of lateritic ore. The technology to be used is HPAL
(high pressure acid leaching), with a hydrometallurgical process.
Goro is a lateritic nickel project in New Caledonia, in the South Pacific, with an estimated
production capacity of 60,000 tons a year of nickel. The project is under review.
Voiseys Bay, a nickel sulphide project at the province of Newfoundland and Labrador, began
operations in September 2005, and is currently concluding its ramp up process, producing nickel
concentrate processed at the smelters of Sudbury and Thompson. A study to build a processing plant
is underway.
For 2007 we plan to spend US$ 36 million in the 118 copper project, which has an estimated average
production capacity of 36,000 tons of copper a year and a total cost of US$ 232 million. 118 is
planned to begin operations in the first half of 2009, but we are still waiting for an
implementation license in order to begin construction works. Therefore, the timing of the start-up
can be revised.
Bauxite and alumina exploiting competitive advantages
Investments in bauxite and alumina projects are budgeted at US$ 656 million, representing 21% of
CVRDs capex for projects in 2007.
In 1H06, stages 4 and 5 of Alunorte, in Barcarena, in the state of Pará, began operations,
expanding refinery capacity by 1.9 million tons of alumina per year.
Investment in alumina refinery stages 6 and 7, which will add a further 1.9 million tons of
capacity, will amount to US$ 846 million, with a budget of US$ 473 million for 2007. The completion
of this project is scheduled for mid-2008.
In 2006, construction and assembly of the processing tanks, piping and mechanical structures were
started, and major packages of equipment contracted: kiln units, steam boilers and evaporators. It
is expected that the detailed engineering plan will be finalized in 2007, as well as the remainder
of the building works.
In order to keep pace with the expansion in alumina production capacity, CVRD has invested in the
development of the Paragominas mine in the state of Pará, Brazil, as well as 244km long ore slurry
pipeline for the transport of bauxite slurry to the refinery in Barcarena. This is first pipeline
in the world to transport bauxite. The commissioning and testing of the pipeline and the bauxite
processing plant has already been completed, and production is starting this month. In its first
phase, Paragominas mine will have a nominal production capacity of 5.4 million tons a year of
bauxite.
The second phase, Paragominas II, which will take the bauxite mine up to a production capacity of
9.9 million tons a year, is already under construction with start-up scheduled for 2008.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
14.05 EXPANSION, MODERNIZATION AND DIVERSIFICATION PROJECTS
The cost of investment in Paragominas I, including the building of the pipeline from Paragominas to
Barcarena, totalled US$ 427 million. Paragominas II has a capital expenditure budget of US$ 196
million, with US$ 105 million budgeted for 2007.
Coal the gradual growth
In 2006, CVRD invested in the acquisition of 25% of Shandong Yankuang International Coking Ltd.,
(Yankuang), a joint venture with the Chinese company Yankuang located in China, that started
production of coking coal in the first half of the year. This year we will invest US$ 30 million in
the Zhaolou project, which involves the development by Yankuang of a coal mine, located in the
province of Shandong, China. Zhaolou has an estimated annual production capacity of three million
tons of semi-soft metallurgical coal (77%) and thermal coal. The total estimated capex for the
project is US$ 370 million.
In 2007 the Company will continue in organic growth of the coal business. We plan to invest US$ 70
million in Moatize project, in Mozambique, whose feasibility study will be finished on the first
half of the year.
The pre-feasibility study on the Belvedere coal deposit in Australia will be completed in 2007.
Once completed, the decision will be taken as to whether or not to exercise an option to purchase
51% of the project for US$ 90 million.
Logistics expansion to support iron ore production
After making significant investment in logistics for the transport of general cargo in the last few
years, the focus is now on meeting the demand due to our increased ore and metal production
capacity, which in the short term will involve expansion of the Northern and Southeastern
corridors.
The budget for 2007 also includes the purchase of wagons and locomotives, totalling US$ 64 million.
Power generation a seventh hydroelectric power plant
The Company owns six hydroelectric power plants in Brazil under operation: Igarapava, Funil, Porto
Estrela, Candonga, Aimorés and Capim Branco I. In addition to these, CVRD has four small
hydroelectric power plants (PCHs) in the state of Minas Gerais, Brazil, and a 7.28% stake in the
Machadinho hydroelectric power plant, in the state of Santa Catarina, which supplies electricity to
our wholly-owned subsidiary Valesul.
In 2006, we invested US$ 21 million in the final stage of implementation of Capim Branco I
hydroelectric power plant (240 MW), which began operations in 1Q06. Capim Branco II (210 MW), the
seventh plant built by CVRD, will begin operations in the first quarter of 2007, contributing to
our electricity consumption needs in the Southeast of Brazil. This year US$ 14 million will be
invested in Capim Branco II.
The Estreito hydroelectric power plant project, locate on the Tocantins river, on the border
between the states of Maranhão and Tocantins, has already obtained the implementation licence
necessary for its construction. The plant will have an installed capacity of 1,087 MW and the
construction works are expected to start in mid-2007 with estimated investment of US$ 16 million
for this year. CVRD owns 30% of the consortium that will build and operate the project.
Joint ventures for the production of steel slabs stimulating iron ore and pellets demand
CVRD has a stake in the Ceará Steel project, in the state of Ceará, in partnership with Dongkuk
Steel and Danieli. Our investment will be US$ 25 million and the project, which should produce 1.5
million tons a year of steel slabs, is scheduled to begin operations in 2009. The Company will
provide Ceará Steel with 2.5 million tons a year of direct reduction pellets. CVRD expects to
invest US$ 13 million in this project in 2007.
CVRD will be investing US$ 200 million in ThyssenKrupp CSA (CSA), which is expected to produce 5
million tons of steel slabs a year at the plant which is being built in the state of Rio de
Janeiro. Operational start-up is planned for 2009. The Company will supply CSA with 5.9 million
tons of iron ore and 2.7 million tons of pellets per year.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
14.05 EXPANSION, MODERNIZATION AND DIVERSIFICATION PROJECTS
Last year CVRD invested US$ 85 million into CSA, when the main equipments were ordered and the port
dredging begun. In 2007 our investment will amount to US$ 79 million.
Research and development sowing the seeds of long-term growth
Focus on organic growth is our main lever for shareholder value creation. As a consequence, a
significant investment in research and development (R&D) is required to foster long-term profitable
growth.
An investment of US$ 406 million is budgeted for 2007, keeping constant the amount of resources
invested last year.
For 2007, US$ 120 million is allocated to mineral exploration, US$ 58 million for the carrying out
of conceptual, pre-feasibility and feasibility studies for the development of mineral deposits
already identified, and US$ 228 million for investment in new processes, technological innovations
and their adaptation.
R&D investment will be principally allocated for non-ferrous (47.7%) and ferrous (25.6%) minerals.
CVRDs mineral exploration program is based on a global strategy, with a central office in Belo
Horizonte, Brazil, and five regional offices, in Toronto, Canada, in Lima, Peru, in Johannesburg,
South Africa, in Brisbane, Australia, and in St. Prex, Switzerland, to coordinate efforts in all
continents. The goal is the development of a multi-commodity portfolio, taking advantage of sharing
of geological and technological knowledge, exploration techniques and databases within the regional
groups to maximize efficiency.
The development of a semi-industrial scale plant for copper processing, UHC, located close to
Sossego, in Carajás, will require expenditure of US$ 47 million this year. The start-up of
operations is scheduled for the third quarter of 2007, with a production capacity of 10,000 tons of
copper a year. This project has the aim of testing the hydro-metallurgical technology process
route, which if proven to be efficient, could be used to process the sulphide ore produced by the
mines of Carajás region at a very competitive cost.
US$ 11 million will be invested in a feasibility study for the development of the Bayóvar phosphate
rock deposit in Peru, which should be completed this year. It is estimated that Bayóvar could have
a nominal production capacity of 3.3 million tons of phosphate rock concentrate a year.
We are carrying out a conceptual study on the potash resources in the north of Neuquén province, in
Argentina. US$ 6.1 million will be invested in 2007, with completion of the feasibility study
scheduled for 2010.
In the context of base metals, we are carrying out a pre-feasibility study of copper resources at
Papomono, in the region of Coquimbo, Chile, at an estimated cost of US$ 15.4 million, and
completion expected for the first half of 2008.
Approximately US$ 40 million will be allocated to iron ore prospecting in the operational areas in
the Northern, Southeastern and Southern systems, with the aim of increasing the amount of proven
and probable reserves (p&p) to existing inventory. Likewise, we will be investing US$ 19 million in
the identification of additional reserves of bauxite in Paragominas.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
14.05 EXPANSION, MODERNIZATION AND DIVERSIFICATION PROJECTS
CVRD revises 2007 capex budget to US$ 7.4 billion
Rio de Janeiro, April 26, 2007 Companhia Vale do Rio Doce (CVRD) hereby announces that its Board
of Directors approved the revision of its investment budget for 2007 to US$ 7.351 billion1, an
increase of US$ 1.017 billion compared to the US$ 6.334 billion budget announced in January 26,
2006. This review basically reflects changes in the average price of currencies in which our
expected disbursement are denominated (US$ 383 million) and additional investments in the nickel
operations (US$ 500 million).
The increase in the investments is consistent with the evolution of the Companys cash flow and its
financial policy guidelines, which aim to preserve a healthy balance sheet and, more specifically,
a level of leverage indicative of a low-risk debt profile.
According to the revised capex budget, US$ 5.356 billion is to be invested in organic growth, of
which US$ 4.904 billion on projects and US$ 452 million on research & development (R&D). The
maintenance of existing operations has been estimated at US$ 1.995 billion.
US$ 3.125 billion will be spent on non-ferrous minerals, representing 42.5% of the total capex
budget for 2007, given the development of various large projects such as Goro and Onça Puma, which
are extremely important to the consolidation of CVRD as a global leader in the nickel industry.
Investment of US$ 1.869 billion has been earmarked for the ferrous minerals business. US$ 885
million will be allocated to the aluminum division, while US$ 784 million has been allocated to the
Companys logistics business.
The major projects in terms of financial disbursement in 2007 are: Goro (US$ 938 million), Onça
Puma (US$ 658 million), Alunorte 6&7 (US$ 520 million), Itabiritos (US$ 417 million), Paragominas
II (US$ 115 million) and Fazendão (US$ 111 million), together with investments in logistics
necessaryto sustain the expansion of our iron ore operations. The new budget includes investments
of US$ 78 million in Salobo I project in 2007.
Goro is one of the largest and best lateritic nickel deposits in the world. It is located in New
Caledonia, in the South Pacific, with proven and probable reserves of 120 million tons, with a
nickel content of 1.48%, and cobalt content of 0.11%. The estimated production capacity is 60,000
tons a year of finished nickel and 4,600 tons of cobalt.
The project was recently subjected to revision, in which was included the implementation of
measures to reduce environmental, operational and technology risks. Its total cost was estimated in
US$ 3.212 billion, of which US$ 1.435 billion was already spent from 2001 to 2006. Disbursement of
US$ 938 million is budgeted for 2007. The start-up of operations of Goro will occur in the end of
2008.
Salobo I is a project for the production of copper concentrate, with an estimated nominal capacity
of 100,000 tons a year of copper in concentrate form, with an annual production of 130,000 oz. of
gold as by-product, based on the deposit of Salobo, located in Carajás region, in the Brazilian
state of Pará. Salobo has proven and probable reserves of 385 million tons, with copper content of
0.87%.
The cost of the project is estimated at US$ 855 million. The start-up of the development is
conditioned to some government approvals including an appropriate tax structure.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
15.01 ENVIRONMENTAL PROBLEMS
CVRDs commitment to preservation of natural resources is not recent. Since extraction of ores is
its principal activity, CVRD knows that the wealth of the subsoil is at all times associated to the
wealth of the Earths surface, and that this calls for total attention to fauna, flora, air and
water.
Taking this care with nature is something that CVRD believes to be not only vital in preserving the
quality of the planets environment for future generations, but a fundamental element in its own
competitiveness.
CVRD spent R$ 317 million on environmental actions and activities in 2006. These initiatives
included conservation of 1.4 million hectares of vegetation in the Brazilian states of Pará,
Espírito Santo and Minas Gerais. In the last five years, CVRD has rehabilitated approximately 2,350
hectares of Brazilian land with native species of the Atlantic Forest, Cerrado and Amazon
ecosystems.
Environmental responsibility permeates all the phases of CVRDs activities, from the basic
conception of a new project to the continuous improvement of the older operations which receive
the continuing investment necessary to maintain optimum balance between productive activities and
environmental requirements as established by legislation and regulations. This is reflected in the
companys internal standards and specifications. CVRD believes that environmental quality is an
inseparable component of the quality of its products and services.
For effective compliance with its environmental policy, CVRD has created and put in place its
Environmental Quality Management System, the purpose of which is to ensure that the variables
representing the environment are included in a consistent and balanced fashion, at all times, along
with the other components in all decisions and activities of corporate management.
CVRDs Environmental Policy has numerous components, which include:training and learning for
employees so they may at all times operate in an environmentally correct and appropriate manner;
research and incorporation of new technologies, for continuous improvement of all our activities
to reduce both environmental impacts and consumption of materials and energy; permanent dialogue
with employees and with the community to improve their environmental activities; and continuous
efforts to make affiliated companies and suppliers adopt practices that are compatible with CVRDs
Environmental Policy.
CVRD has supported CEBDS since the beginning. The result of the effort is a visible quest for
improvement in the relationship with society as a whole. A company in CVRDs position needs to be
increasingly open to society, on social issues and increasingly transparent. CVRD deals very
well with the environmental question as a whole, but there are still aspects to be worked on from
the social point of view. Without going into the merits of who is right or wrong, we can say that
there is a need for a new approach, able to prevent this subject becoming one that limits the
business activity, or restrains the quest for sustainable development.
Environmental policy
CVRD considers the environment to be a fundamental component of the quality of its products and
services, and is committed to the concept of sustainable development, aiming for balance between
protection of the environment and the need for economic growth.
For this purpose, CVRD adopts technically proven and economically viable environmental protection
measures, committing itself to the following aims:
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To maintain an Environmental Management System, to ensure that its activities comply with the
applicable legislation and the standards established by the company itself. In the absence of
specific legislation, CVRD applies the best possible measures for environmental protection, and
minimization of risks;
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To educate and train its employees so that they will act at all times in the environmentally
correct manner, and make continuous efforts for the environmental policy to be applied;
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To carry out research and incorporate new technologies for continuous improvement of its
activities, with a view to reduction of both environmental impact and consumption of materials and
energy; |
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To maintain permanent dialogue with its employees and the community, aiming to achieve the highest
possible quality in environmental actions;
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To make continuous efforts for CVRD companies to adopt practices compatible with this
environmental policy;
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To require from its suppliers that they provide products and services with proven environmental
quality. |
CVRDs Environmental Management System
Since 1994 CVRD has adopted an ISO 14001 certified
CVRDs Environmental Quality Management System establishes guidelines for its implementation, and
supplies tools for managing the environmental aspects related to the companys activities, products
and services. This prepares the company in advance to meet societys growing demands in terms of
environmental performance.
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ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
15.01 ENVIRONMENTAL PROBLEMS
After putting the system in place, CVRD obtained ISO 14001 certifications for its operations from
international certification bodies. In Brazil, the company has ISO 14001 certification for its iron
ore mines, ore processing plants and the pelletization unit at the Fábrica mine in Minas Gerais,
and also for the whole of the port and industrial complex at Tubarão, in the state of Espírito
Santo (the export channel for part of the companys ore output).
CVRD also has ISO 14001 environmental certification management systems for its kaolin and aluminum
operations. A total of 16 CVRD plants now have this certification: the Carajás mining complex and
the Azul mine in the state of Pará, 12 mines in the state of Minas Gerais Alegria, Timbopeba,
Água Limpa, Fábrica Nova, Fazendão, Cauê, Conceição, Córrego do Feijão, Fábrica, Brucutu, Morro da
Mina and Gongo Soco, and in the State of Espírito Santo, the Tubarão port complex and the Vila
Velha terminal.
External auditors periodically check and review the environmental performance of all of CVRDs
operational units, and this provides effective monitoring and control of environmental performance
indicators, and the continuing effort to improve environmental quality this is essential in the
context of the frequent increases in the scope and level of demands of both the legislation and
interested parties.
The external auditing cycle of 2006 took place in two steps, covering 30 operational units. The
first phase, in April and May, was to identify the current degree of compliance with the
requirements of ISO 14001, and the companys internal performance indicators. In the second phase,
in October through December, operational units were re-certified.
For each point that requires attention, a preventive and corrective plan of action is prepared, and
this is immediately put into practice by the operational unit implementation is monitored by the
companys corporate environmental supervision body. A subsequent audit checks on the effective
implementation of the action.
Targets in operational environmental management
CVRD believes that compliance with environmental targets and commitments should be reflected in
employees variable remuneration, thus giving recognition to those who have performed best. For
this reason, the various business areas of the company check and evaluate results obtained as a
result of their environmental management practices, verifying whether the corporate directives were
adequately met. The results of these assessments, which are based on objective criteria, make
possible clear identification of the percentage each employee will receive as variable remuneration
related to the collective and individual performance achieved by their operational unit.
In 2006 the targets of the operational units were: implementation of programs to reduce consumption
of, re-use and re-circulate water; and projects for minimization of waste.
The companys aluminum and energy businesses areas which include wholly-controlled subsidiaries,
companies in which control is shared, and the electricity generation consortia implemented
environmental management according to the requirements of ISO 14001, and CVRDs corporate
guidelines. As part of this effort Alunorte and Albras complied with the target of implementing the
Environmental Information System (SIA) in 2006.
In electricity, the teams of workers in the Porto Estrela, Funil, Candonga and Igarapava
hydroelectric plants received training in putting the CVRD environmental policy into practice, in
applying its methods for assessment of environmental impacts, and the plan for communication and
relationship with interested parties.
CVRD has been continuously improving its environmental performance indicators in terms of
management of water resources, wastes, recovery of worked areas, and control of atmospheric
emissions.
Management of environmental risks
Targeting lowest possible environmental risk, and maximum safety for new projects, CVRD has
absorbed the best practices available worldwide for these issues.
In 2005 CVRD adopted front-end loading (FEL) methodology for detailed assessments in health,
security, environment and relationship with communities (HSEC), in all the stages of development
of new projects, to enable decisions to be made based on sustainability of the geographical areas
where projects are located.
The factors that need to be the subject of specific attention in terms of environmental and social
aspects are thus included at the first, preliminary, stage of projects, when the initial assessment
of a projects business viability is made.
In the subsequent phases, as the project matures, the area of the company that proposes the
operation is required to go deeper into the significant environmental and social variable, and
amounts of value, or standards of service, are attributed to these aspects, which are then taken
into consideration at length when the investment decision is considered.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
15.01 ENVIRONMENTAL PROBLEMS
This practice enables us to conjugate the requirements of environmental preservation with the other
demands of the future business transactions, such as location, decision on the engineering project
and planning of implementation. This is a way of making each project both more forecastable and
more transparent, thus providing society, and, especially, our stockholder, with the detailed
information on the environmental and social aspects of the companys investments and the way in
which these are approached during the stages of implementation and operation.
Environmental quality management in the new projects begins with preparation of Environmental
Impact Studies and Statements, and whatever other studies are needed for full support to the
assessment of the technical and economic feasibility of a project and its process of licensing.
CVRD has been investing in continuous improvement of these studies, carrying them out in line with
the specifications of and agreements made with the federal and state environmental licensing
bodies. We highlight the development of a specific procedure for Project Characterization (CE)
based on environmental focus involving the establishment of new methods for environmental impact
assessment.
CVRDs CE methodology analyzes the environmental aspects associated with each one of the individual
processes that make up the project planning, construction and implementation, operation and
closing taking into account the physical, biological and social-economic spheres and the
contexts, and the relationship between them.
Environmental Impact Assessments are used in the various regions where CVRD operates. Their results
enable the company to validate the control actions specified in the project as planned, and also
the mitigation and compensation actions to be adopted. Hence, all environmental studies for CVRD
projects adopt one standard methodology, and these in turn are systematically and periodically
improved, to ensure technical consistency and compatibility with the legal and regulatory
requirements.
The joint work of the Corporate Finance, Environmental Management and Health and Safety Departments
in 2006 enabled us to finalize our proposal for the bases of our Corporate Integrated Operational
Risk Management model, to be applied to the companys operations and capital projects.
Questions of method were decided, and a pilot project begun in which the suggested concepts,
procedures and practices could be validated. Using theoretical tools, an optimum level of retention
and transfer of risk was established, and as a result our Corporate Operational (Property) Risks
policy was readapted. Finally, with the expansion of the organizational and regulatory structure,
the responsibilities were also allocated and decided, and the proposed management model was
formalized.
Management of water resources
CVRDs Water Resources Policy is based on the concept that water is a limited natural resource and
an asset in public ownership, with economic value, and that in times of scarcity its priority uses
are consumption by humans and animals.
Based on these concepts, CVRD has implemented its Water Resources Management System, whose main
objectives are to rationalize the use of water resources, ensure full conformity with the
legislation, and assure the rights to use of water in the quality and quantity necessary for the
companys processes.
Worldwide forecasts including those for Brazil expect growing scarcity of water resources,
with increasing conflicts for their use. Increasingly, industrial and farming activities will have
to develop programs for Water Resources Management, with a view to rationalization of its use in
their processes, to guarantee supply of the volumes of water necessary to maintain their present
and future activities.
As a mining company, CVRD is an intensive user of water, principally for human consumption,
treatment of ores, transport of ores, washing of equipment and components, and spraying on iron ore
heaps and equipment.
Also, to extract ore in saturated regions, CVRD intervenes in water resources by lowering water
tables or levels. Dams, too, are interventions in water resource structures, since they store water
and are used as systems for deposition of waste products arising from the treatment of ores, and
for containment of ore finds carried by rainwater.
CVRDs iron and manganese mines, its ferro-alloy plants in Brazil, its pelletization plants and the
railroad and port facilities1 consumed water at the rate of 140 million m_/year in 2006. The volume
recirculated was 1,145 million m___in the year, indicating an average recirculation percentage of
water around 82%.
CVRDs operations reflect the companys commitment to environmental quality. Management of water
resources is one of the companys focuses of attention, due to the particular aspect of its
business.
As part of the corporate rules, the companys water resources management policy and its Water
Resources Management System reaffirm the companys responsible environmental practices, and also
meet the legal requirements.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
15.01 ENVIRONMENTAL PROBLEMS
The Water Resources Management Manual describes the requirements of the Water Resources Policy,
establishes general and particular procedures, and defines the structure around which the Water
Resources Management System is made operational on its various levels: the Water Resources
Management Plan, implemented by CVRD and the companies it controls, harmonizes and consolidates the
Water Resources Programs of the companys various operational units with the respective budget
proposals for its implementation and maintenance.The environmental guidelines adopted during the
preparation of the programs were incorporated into some international projects such as the Moatize
coal project in Mozambique, and the CVRD Inco nickel project in New Caledonia.
Using its Water Resources Management System, CVRD also seeks to carry out research and incorporate
economically and technically viable technologies that allow use of water to be rationalized and
interventions in water resources by operations o be minimized. Another of the companys objectives
is to participate directly or through representative entities in the various forums on management
of water resources at international, national, regional, and, principally, local level.
Internal Water Resources Committees have been created, made up of more than 300 representatives of
the companys areas responsible for environment, production, maintenance, services, engineering and
legal matters, in CVRDs operational units and the subsidiary companies. All the members have been
given training and learning experiences on water resources, and are now familiar with the Brazilian
legislation and technical norms on the subject, as well as concepts of hydrology, recirculation and
re-use of water, treatment of liquid effluents, and other subjects.
Operational performance
In 2006 targets were set for implementation of programs to reduce consumption, re-use and
recirculation of water by the operational units. After an external Audit, the following results
were found:
As an example of shared management of water resources, in the Tubarão pelletization plant complex,
in Vitória, capital of the state of Espírito Santo, representatives of the Water Resources
Committee participate in the committees of the Basins of the Jucu and the Santa Maria rivers, the
main water tables that supply the region of greater Vitória, aiming to monitor and contribute to
decisions on water resources management in the region.
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All the 292 operational units with
subterranean or surface water
captured2 will have a program
approved by the local director-level
unit, setting targets, actions,
periods, responsibilities and
resources for reduction of
consumption of the water captured.
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Target achieved by 66% of the units
(19), and in process of
implementation in the others. |
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All the 233 operational units with
systems for re-use and recirculation
of effluents and process water3 will
set, implement and maintain plans
for finding parameters, frequency,
responsibilities, and standards of
monitoring of water for re-use and
recirculation, so as to ensure the
appropriate standard of quality for
their defined purposes.
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Target achieved by 96% of the units
(22) and in implementation in the
others. |
One of CVRDs priorities for Espírito Santo State is reduction of consumption of new water and
increased re-circulation and re-use. At present approximately 50% of the consumption of the Tubarão
Complex is attributed to the pelletization plants. A system of sedimentation basins and reservoirs
of recovered water was put in place as long ago as the 1980s, making possible recirculation of
water in the productive process. Since then, continuous improvements have been made in the system
of collection and recovery of water for circulation and reuse, with the help of technical
partnerships, such as that of the Federal University of Espírito Santo.
In 2006 the significant target of 40% reduction in specific consumption of water for primary supply
of the pelletization plants from 2003 was exceeded, with reduction of 45%. In the last three
years, consumption of new water by the plants has been reduced by around 2 million cubic meters,
representing an optimization of the use of this natural resource, and also savings of approximately
R$ 1.5 million over this period.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
15.01 ENVIRONMENTAL PROBLEMS
2 The following were considered to be operational units: the Sossego mine, the Taquari-Vassouras
mine, the Ponta da Madeira terminal, the Carajás mine, the Itabira complex, the Alegria mine, the
Timbopeba mine, the Fazendão mine, the Água Limpa mine, the Brucutu mine, the Gongo Soco mine, the
Córrego do Feijão mine, the Fábrica mine, the Tubarão port operations, Ferroligas Barbacena, the
Morro da Mina Mine, the São João Del Rei plant, the Santa Rita de Jacutinga hydroelectric power
plant, the Ouro Preto plant, the Azul mine, the RDM (Simões Filho) mine, the Urucum mine, the
Carajás Railroad, the Tubarão and VitóriaMinas Railroad complex, the Centro-Atlântica railroad
facilities in Alagoinhas, Campos, Divinópolis, Paulínia and Tubarão (pelletization), and the TPD,
TPM and Paul.
3 The following were considered to be operational units: the Sossego and Taquari-Vassouras mines;
the Ponta da Madeira terminal, the Carajás mines, the Itabira complex, the Alegria mine, the
Timbopeba mine, the Água Limpa mine, the Brucutu mine, the Gongo Soco mine, the Córrego do Feijão
mine, the Fábrica mine, the Tubarão port operations, Ferroligas Barbacena, the Morro da Mina mine,
the Santa Rita de Jacutinga hydroelectric plant, the São João Del Rei plant, the Ouro Preto plant,
the Azul mine, the RDM (Simões Filho) plant, the Tubarão complex on the VitóriaMinas Railroad,
the Tubarão plant, and the TPD, TPM and Paul port facilities.
Rationalization of use of water at the Sossego Mine
One initiative for optimization of the use of water resources at the Sossego Mine in 2006 deserves
to be highlighted. It was with this mine that CVRD began working copper at Canaã dos Carajás, in
the Brazilian state of Pará, in 2004, for investment of R$ 985 million, and production capacity of
140,000 tons/year of copper concentrate.
Various other major infrastructure facilities complement the mines own: the Carajás Railroad and
Ponta da Madeira Port Terminal both managed by CVRD and the Tucuruí Hydroelectric Plant
which together make Sossego one of the most competitive copper projects in the world.
But to increase the mines efficiency further it was necessary to invest in optimization, and
rationalization, of use of water. In 2006 a project was put in place to reduce the gross
consumption of new water, withdrawn from the Parauapebas River, by 10%.
This involved rescaling of the cleaning system of the operational areas to use process water (water
already previously used). The existing system had been using new water for cleaning due to
inadequate flow and pressure in the process water.
Problems of water outflow and pressure were identified, and corrections were made in the level
buoys to avoid overflow and waste, and also in leaks in valves, tubes, closure taps and reservoirs.
Other measures taken were expansion of the existing tubing system, exchange of the coupling
systems in the hoses for use of process water, and replacement of the hose coupling links by links
of the same type used in the hydrant system, reducing the risks of accident and facilitating the
work.
This had significant results. The total volume of new water captured was reduced by 43% from 2005
to 2006, far exceeding the 10% reduction target stipulated for the year.
The implementation and co-ordination of the project were the responsibility of the Water Resources
Management Committee of the Sossego Mine, which made possible greater interaction between the
operational and environmental areas and greater commitment by employees.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
15.01 ENVIRONMENTAL PROBLEMS
Reduction of gross water consumption
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CONSUMPTION |
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PARAMETER |
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REDUCTION |
Average consumed in 2005 |
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0.44 m3/t |
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Target reduction for 2006 |
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0.40 m3/t |
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10 |
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Average consumed in 2006 |
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0.19 m3/t |
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43 |
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Management of dams and structures
Dams and waste heaps are essential equipment for mining environmental control for containment of
ore fines, which can affect water tables and the water network if allowed to be carried by natural
rainwater drainage.
CVRD has a management system that complies with international and national safety standards, and
also a team qualified for the planning, installation and operation of these structures, a total of
187 dams and 130 sterile heaps4.
CVRDs management of dams and heaps is based on current best practices for the phases of planning,
construction, operation, maintenance and closing. It complies with ABNT (Brazilian Technical
Standards Association) standards and the manuals and publications of the Brazilian Large Dams
Committee (CBGB) and the International Committee on Large Dams (ICOLD), also taking into account
case studies reported in specialized publications.
CVRD has established corporate guidelines, based on preventive operation, which orient the
companys operational areas, with a view to standardization of procedures and the appropriate
systematization of the information flow, instituting a specific databank for the theme.
All the subjects related to the subject of Dams and Heaps are discussed in an Internal Committee of
the Company, the Geotechnical and Hydro-geological Affairs Group (GTGH), which meets every two
months or whenever there is a need to evaluate atypical situations. Participation of invitees from
related areas and those with a specific interest is encouraged. The aim is an attitude of proactive
operational excellence in operations.
Work on
the following subjects was discussed and completed in this committee
in 2006:
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Standardization of documents, with emphasis on dams; |
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Corporate data systems; |
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Specific procedures for labor training and workforce learning; |
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Scaling of specialized teams; |
The main focus of the GTGH Committee is collective and shared learning on the key themes for the
companys operations. Its aims can be summed up as: consolidation of specific technology programs;
teaching and updating of specialists; provision of internal consultancy on the relevant subjects;
improvement of R&D infrastructure; and operation as an internal center of excellence.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
15.01 ENVIRONMENTAL PROBLEMS
Another objective of the group is to contribute toward CVRDs recognition worldwide as a mining
company with the highest technical and operational level, outstanding for its team spirit,
professionalism and work motivation in the geotechnical and hydro-geological areas.
All CVRDs dams and heaps are periodically submitted to independent audits, which apply rigorous
technical criteria in their assessment. When there are recommendations for improvement, action
plans are drawn up for each item proposed, presented in specific models that provide effective
control and monitoring of execution. The group of improvement actions as a whole is the subject of
a specific audit, subject to the respective execution timetables.
*Included are the dams and sterile heaps of: the Itabira, Mariana, Minas Centrais, and Minas Oeste
complexes, and RDM (in Minas Gerais, Mato Grosso do Sul and Bahia); Carajás and Taquari-Vassouras;
and CaetéRiacho dos Machados.
Management of waste
CVRD manages waste over the complete cycle from its generation by the productive process to final
disposal.
We adopt procedures to minimize the risks associated with the whole of the operational process.
Audits of the final disposal location of residue materials are carried out and assessed; special
attention is given to the possibilities of reprocessing, and direct disposal in the soil is avoided
to the maximum degree possible. CVRDs view of waste management is aligned with strategic
planning, and in line with this, reduction of risks and optimization of processes depend
essentially on technological development, innovation and training of employees.
Adoption of the companys Waste Management Plan dates from 2002, and represents a landmark for the
company. One key point of the plan is accountability for the person or area generating the waste,
in each operational unit. Key points are:implementation and maintaining of the local waste
management programs; training of employees, and also suppliers; quest for technological innovation;
and continuous improvement of the controls and records of movements of waste substances.
The main targets of the plan are to reduce creation of wastes, meet requirements of environmental
legislation and applicable technical standards, minimize costs associated with waste management,
and adopt procedures that reduce the risks of environmental degradation and, consequently,
formation of environmental liabilities.
Management of waste involves various processes, which are chosen in accordance with each specific
case. These include re-use, reprocessing use of the waste as a raw material, or input and/or
source of energy for another process; segregation; and temporary storage. Examples of reprocessing
include: co-processing of wastes in the form of cement; refining of oil used; and use in
composting.
CVRD disposes of its wastes in different ways, always with a view to minimizing damage to the
environment. Organic wastes, or domestics wastes, are separated and allocated to composting,
serving as an input in recovery of degraded areas.
As part of the aim to develop local suppliers, recyclable wastes are allocated for sale, preferably
by local reprocessing companies. Used lubricating oils are collected and allocated to internal
reprocessing as an input in the manufacture of explosives for mining activities, or directed to
re-refining companies.
Wastes that are contaminated with oils are allocated to co-processing for electricity generation
processes, or to supply cement manufacturers.
Other wastes, such as fluorescent lamps, batteries and tires are obligatorily reprocessed, in
accordance with the law. They are separated in lots of economic quantities for appropriate final
disposal (by companies that are legally qualified for this practice). Similar procedures are
adopted for scrap metal, rubber and glass.
Waste management
Based on a proposal made by a CVRD employee at Itabira, in the State of Minas Gerais, Brazil, a
solution was developed for transformation of used tires of off-road trucks into lining slabs for
chutes, conveyor belt transfer points, silos and equipment and other items.
This innovation was developed and patented jointly with the company Rubberbras, and has resulted in
various benefits. The rubber plates developed for linings are 60% lighter than those previously
used, which were made of cast iron and manganese steel. This facilitates changeover, and avoids
risks related to the employees physical working stance, and safety. As well as being cheaper,
these slabs are also more resistant to abrasion, and last more than three times more than the ones
previously used. The partner supplier now employs twice the previous number of people, generating
movement in the economy of the local municipality.
Another benefit generated by re-use of the rubber from tires was compliance with the requirement of
the National Environment Council (Conama) which makes importation of new parts conditional upon
proof of proper disposal of tires currently in use, in Brazil.
At present, all of CVRDs operational units have a Waste Management Committee.
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15.01 ENVIRONMENTAL PROBLEMS
The company carries out employee training schedules and campaigns, as a way of consolidating the
change of culture in this aspect, and also encourages concern with the subject, incorporating the
results as productivity gained, and these gains are passed on to employees as financial reward.All
the units are creating projects for minimization of generation of waste, especially in view of the
companys strong growth in output.
CVRD has created procedures for analyzing waste disposal companies, so as to maintain a systematic
control of the process.
The companys units have also begun a Regional Waste Management Integration Procedure (known as
PGIR) aiming to obtain scale gains in the process at the same time as making local reprocessing
opportunities viable.
The first units that have implemented the PGIR are in the region of the Carajás mines and the
aluminum complex at Barcarena, both in the Brazilian state of Pará. They have three years to
complete the process, which includes:integration of internal management standardization of the
procedures and controls; shared logistics; and external management support for creation of
opportunity to generate employment and income in the areas where CVRD operates.
Working agreements and contracts have been signed with Brazilian Technological Development
Institutes, such as the Federal University of São Carlos, the Federal University of Viçosa and the
Technological Research Institute of São Paulo, to carry out technical and environmental feasibility
studies for reprocessing and disposal of wastes.
Operational performance
An external audit in 2006 found that the volume of hazardous and non-hazardous wastes generated by
CVRDs activities had been reduced from 2005. The total of non-hazardous wastes generated in 2006
was 337,274 tons, 49% less than the 661,578 tons generated in 2005; and the total of hazardous
wastes generated was 23,804 tons, 6% lower than the 25,329 tons generated in 2005.
The generation of non-hazardous wastes in 2005 was in fact not the result of routine activities.
There were expansion works in the companys mines and ports, and an effort to optimize and organize
the procedures and processes of storage of wastes of the railroads, resulting in the generation of
metallic and non-metallic scrap, and, principally, scrap from construction.
With the programs to minimize generation of wastes, and adoption of appropriate procedures for
their segregation, in 2006 CVRDs units reprocessed around 79% of the wastes being created, and
sent 8% for use in electricity generation.
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All the 31 operational units5 have
current targets to put in place
projects to minimize their
generation of critical wastes.
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87% of the plants (27 plants) have
complied with these targets, and
they are in process of
implementation in the others. |
5 The following were considered to be operational units: The Sossego and Taquari-Vassouras Mines,
the Ponta da Madeira Terminal, the Carajás Mines, the Itabira Complex, the following mines in Minas
Gerais Alegria, Timbopeba, Fazendão, Água Limpa, Brucutu, Gongo Soco, Córrego do Feijão and
Fábrica; the Tubarão port operations; Ferroligas Barbacena, the Morro da Mina Mine; the São João
Del Rei Plant, the Santa Rita de Jacutinga Hydroelectric Plant, the Azul Mine; the RDM (Simões
Filho) Plant, the Urucum Mine, the Carajás Railroad; the Vitória-Minas Railroad at Governador
Valadares; the Vitória-Minas Railroad at the Tubarão Complex, the following facilities in
conjunction with the Centro-Atlântica Railroad Alagoinhas, Campos, Divinópolis, Paulínia; TVV,
CDM, and the Tubarão pelletization plants, and the TPD, TPM and Paul port facilities.
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15.01 ENVIRONMENTAL PROBLEMS
Biodiversity
The great challenge facing humanity today: continue to meet the needs of a growing population and
future generations, in a context of increasingly scarce natural resources.
We know that an equilibrium has to be reached between economic development and conservation of the
environment, and that this can only be achieved through understanding between the interested
parties.
This is the first step in the direction of a more strategic and integrated approach to the use and
management of natural resources.
Loss of biodiversity has been the subject of innumerable articles and scientific studies all over
the world in recent years. One of these, the UN Millennium Ecosystem Synthesis Report, of 2005, was
prepared by 1,360 researchers in 95 countries, and gives a particularly troubling analysis of the
planets capacity to support economic activities in the current model for much longer.
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15.01 ENVIRONMENTAL PROBLEMS
In March 2006, 175 nations met in the Brazilian city of Curitiba, Paraná state, for the Conference
of the Parties to the Convention on Biological Diversity.
CVRD took part in this initiative from the preparation stage, operating as a member of the
delegation from Brazils Foreign Relations Ministry, through the Brazilian Business Council on
Sustainable Development (CEBDS), of which it is a founder member.
The Convention on Biological Diversity aims for more than establishing a group of technical rules.
It aims to motivate the member nations to take part in the recovery, conservation and protection of
biodiversity, taking into account also cultural diversity and the forms of occupation of the
territory. For the Convention, biological diversity means the preservation of the variety of living
organisms of all origins, including mankind. And this is how CVRD sees the question of
biodiversity, and this is the vision to which it is committed.
Mineral substances are essential for social and economic development, since they are raw materials
for the manufacture of products used in the day-to-day lives of populations of various countries.
By contributing to the activities of the industries that produce consumer goods, they also help in
the improvement of the quality of life of the population, especially in the developing countries.
If they are properly integrated to regional development and strategies for conservation of
biodiversity, investments related to mining can help to relieve the pressures of poverty in areas
of high biodiversity.
Minings capacity to contribute to development and to the conservation of biodiversity is not
immediately obvious. Mining is an extraction industry and by its intrinsic features can result in
significant social and environmental impacts. However, evidence that this situation can be
developed into a positive one is the commitment shown by Brazils principal mining company in the
formulation of public policies to minimize the effects of the activity on the environment.
CVRD has a fundamental and strategic role in the National Biodiversity Policy and its interface
with the Mining Code, due to the breadth of its program for conservation of plant and animal life,
the germplasm bank it maintains, and the implementation and maintenance of herb and tree greenhouse
centers, with collection of a wide variety of species of flora. CVRDs importance in this context
is also clear in initiatives such as its advanced research into management of forest fauna and
studies on the recovery of areas where intervention has taken place.
Biodiversity is so important a theme for CVRD that it led to the creation (on November 14, 2000) of
the CVRD Environmental Institute (IAVRD). This institute has an independent organizational
structure, appropriate for complying with its role, and the following incumbencies:
To develop activities relating to preservation, conservation, recovery and sustainable treatment of
ecosystems, focusing on the areas of interest to the Company;
To promote development and dissemination of technical-scientific knowledge on conservation of
Brazilian ecosystems and related sustainable practices, including the characterization of flora and
fauna, and the establishment of in-situ and ex-situ genetic reserves;
To sponsor, promote, execute, support and stimulate actions, projects and programs related to its
objectives;
To obtain and manage funds from third parties, obtained through financial loans or donations, with
a view to activities compatible with its objects;
To collaborate with institutions, foundations or entities that have objectives that are similar to
or compatible with those of the Institute.
IAVRD has developed various environmental projects in various regions of Brazil. It is present in
the states of Espírito Santo, Maranhão, Minas Gerais, Pará and Rio de Janeiro. With 185 employees
in its technical staff, in 2006 the Institute executed more than 100 projects for CVRDs
operational units, meeting a range of demands for services and environmental management activities
for the ecosystems where the company has operations.
An important special feature of IAVRDs technical staff is the fact that it includes employees who
already have vast empirical knowledge on biodiversity, and who have the training and experience to
operate jointly with the professionals of various working areas of IAVRD.
One example of these specialists is the forest men: people with profound knowledge of the forest,
who have been trained to operate as botanic identifiers, and now work jointly with the Institutes
forest engineers and biologists.
In 2006, through the IAVRD, CVRD applied its Degraded Areas Recovery Program to approximately 400
hectares, bringing the total of recovered areas at mines, railroads, ports and surrounding areas
since 2003 to 1,960 hectares all replanted with native species of the Atlantic Forest,
Cerrado or Amazon ecosystems.
This activity relies on research and investment in environmental technology at the CVRD Nature
Reserve in Linhares, in the Brazilian state of Espírito Santo, where there is an intensive program
to produce saplings for use in restoration of ecosystems and formation of multiple-use forests.
This produced a gross crop of seeds in 2006 totaling approximately 12 tons, resulting in around 4
million saplings of 422 Atlantic Forest species.
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15.01 ENVIRONMENTAL PROBLEMS
These saplings were used in various restoration projects, principally in the states of Espírito
Santo and Minas Gerais. Some of them were sponsored by CVRD, to assist small-scale farmers, while
others were used in the companys own projects and some sold to private individuals. CVRD has
been carrying out initiatives like this for almost 30 years.
Since the creation of the reserve, 60 new botanical species have been identified in 22,000
hectares, one of the last protected areas of the Tabuleiro Atlantic Forest in Brazil. The Linhares
Reserve adjoins the Sooretama Biological Reserve. Together, they represent 48,000 hectares, or 75%
of the remaining natural forest of the state of Espírito Santo. Sooretama is administered by the
Brazilian Environmental Authority (Ibama) which has delegated protection of the Reserve to CVRD
under a joint working agreement which has now been in force for five years.
The CVRDs Nature Reserve and the Sooretama Biological Reserve together make up one of Brazils 14
centers of high diversity and endemic species (biodiversity hotspots), declared to be World
Heritage Sites by Unesco (United Nations Educational, Scientific and Cultural Organization).
CVRD also protects the Amazon Forest. In Carajás, in the south of the state of Pará, Brazil, in
partnership with the Brazilian environmental authority, Ibama, CVRD helps to protect a block of
primary tropical forest totaling 1.3 million hectares in five Federal Conservation Areas,
contiguous to the Cateté Indigenous Reserve, of the Xikrin Indigenous Community.
The mining activities carried out by CVRD in one of its conservation units, the Carajás National
Forest, involve intervention in less than 3% of the total area of 411,000 hectares. It is an
example of harmonious conjugation between the activities of mining and environmental protection.
While there has been significant deforestation in the area located outside the conservation units
in the last 40 years, the companys activity in Carajás has made it possible to reserve what is
today the greatest island of primary forest in the southeast of the State of Pará.
To conjugate its economic activity with environmental protection, CVRD, in a working agreement with
Ibama, prepared a detailed Guidelines Plan for use of the Carajás and Tapirapé-Aquiri National
Forest. The work combined the environmental needs with the mining vocation of the region,
generating a complete joint group of programs. The intensive use of geomatics provides permanent
monitoring and control of the area enabling, for example, the most appropriate techniques of
forest fire vigilance, prevention and control to be applied.
According to the orientations of the Guidelines Plan, Part of the Carajás National Forest is open
to the public. In 2006, approximately 60,000 visited the Botanical and Zoo Park of Carajás, where
the Company, through IAVRD, carries out various environmental education programs, programs for
protection and reintroduction of local fauna, and scientific research on the dynamic eco-system.
Selection of species for recovery of mining areas
Areas used for mining usually affect native vegetation, making it necessary to carry out full
recovery programs on the degraded regions. At present the vegetable species available for recovery
in the majority of these areas are few, and not available commercially. As a result, a solution
commonly adopted is replanting in the form of pasture, which does not properly fulfill the
objectives of restoration. To overcome this gap in technological practice, and in the market, CVRD
has begun research for the selection of appropriate species for recovery of areas degraded by
mining.
Researchers of CVRDs Environmental Institute have collected species, a total of 177 kilograms of
seeds, in the iron quadrilateral of Minas Gerais. The most common, in numbers, have been
leguminous species: Mimosa (27 species), Senna (17), Crotalaria (14), Canavalia (7), Desmodium (7),
Centrosema (6) and Machaerium (5).
In a lineages selection program developed jointly with Brazils Embrapa (Farming Research Company),
these species were planted in a germination and multiplication nursery, to select those with the
best potential for formation of biomass. The program aims to increase diversity of species and
increase the sustainability of the initial process of succession. Based on it, the company began to
use the species selected in recovery of degraded areas.
An example is the companys Piçarrão mine, in Minas Gerais state, Brazil, which underwent the
re-vegetation process, and has shown good results in the first three years. The Caeté mine, also in
Minas Gerais, and parts of the Vitória-Minas Railroad (EFVM), have also had environmental recovery
treatment, with reshaping of terrain, regularization of drainage and re-vegetation. In three months
after start of the rehabilitation, EFVM has already shown significant results, and the recovery of
the Caeté mine has been fully successful.
Rescue of fauna
In mining areas, where it is necessary to suppress native vegetation, Brazilian legislation
requires management of fauna, to minimize impact.
CVRD has developed an alternative series of methods to the techniques for rescue and transport
specified by Ibama and used up to 2005. Known as Fauna Rescue, this group of methods received the
support of the scientific community and was accepted by Ibama. The results achieved in 2006 have
shown the initiative was a correct one.
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15.01 ENVIRONMENTAL PROBLEMS
When the figures obtained by CVRD in the Fauna Rescue program in the copper, iron and manganese
mines at Carajás in 2006 are compared with the figures for rescue and transport in the copper and
iron ore mines for 2005, there is a 50% drop in the rate of mortality of animals handled during the
suppression of vegetation.
This significant result created so much interest in the scientific community that the research work
and its results were presented at the 8th International Congress on Fauna Handling, at Ilhéus,
Bahia, Brazil, in September 2006. As well as the environmental gain, there was an economic gain, of
65.68%, for CVRD, when costs of the procedures for a proportional area of 30 hectares were
compared.
But CVRDs concern with fauna goes beyond the need for handling as a result of the companys
activities. The company also invests in research work that helps to preserve endangered species.
The CVRD Nature Reserve in Linhares represents hope of survival for one of the animals most
threatened with extinction in the Atlantic Forest, the Brazilian Jaguar, or Onça Pintada. This
animal needs a very wide area to survive, and in recent decades man and his productive activities
have taken away its hunting grounds.
The few conservation areas remaining in the Atlantic Forest are not big enough, or are already in
process of degradation, thus not providing the conditions for survival of these animals, which
require major areas for survival of a population that will ensure the species is perpetuated. At
the Linhares Reserve, CVRD invests in research into better knowledge of the habits and behavior of
Brazilian felines, which is essential for preservation of the species.
The studies, on the Reserves 22,000 hectares of Atlantic Forest, attract a variety of researchers.
At CVRDs request a team coordinated by the PUC University of Minas Gerais has been studying the
incidence and numbers of feline species in the reserve. Twenty cameras with movement and heat
sensors have been installed on the tracks in the reserve, and as a result observations have been
made of six of the seven original feline species of the Atlantic Forest: Leopardus tigrinus (the
little spotted cat), Leopardus wiedii (the Margay), Leopardus yagouaroundi (the jaguarundi or otter
cat), Leopardus pardalis (the ocelot), Puma concolor (the Cougar) and the very well known Panthera
onca (the Brazilian jaguar or Onça Pintada). This shows the importance of this research study,
principally because Linhares may be one of the last remaining parts of the Atlantic Forest with
resident felines.
The Tubarão industrial and port complex, 12 kilometers from the city center of Vitória, in Espírito
Santo state, Brazil, occupies an area of approximately 1,400 hectares where CVRD has installed one
of the largest ports, and one of the largest group of pelletization plants, in the world.
However, since the 1980s this complex has been the scene of a major reforestation program, among
the most significant that has ever taken place in an industrial and urban area in Brazil. Six
million tropical trees have been planted on approximately 620 hectares. As well as restoring the
ecosystem, they have the function of containing the action of wind on the heaps or iron ore and
pellets, reducing aerial carriage of particles.
The reforested region at Tubarão is the largest green area in Vitória. In 2004 CVRD opened the
Tubarão Botanical Park to the public. It is inside the industrial complex, in an area specially
dedicated to leisure, education and presentation of the environmental theme as a whole to visitors.
Around US$ 4 million has been invested in installation of a visitors reception center, containing
an amphitheater, auditoriums, theme rooms, childrens park areas and tracks with interpretative
information provided. These give the public better understanding of the characteristics of the
tropical forest, while being accompanied by IAVRD monitors. Visitors are also invited to see the
companys industrial plant, on special buses that take routes to show the dimension of the complex
and enable visitors to understand its activities.
The Tubarão Botanical Park is now one of the principal leisure and visiting areas in the city of
Vitória 120,000 people visited it in 2006. Based on the experience of Tubarão, CVRD is creating
a botanical park at the Ponta da Madeira Port Terminal, in São Luís, in the northern Brazilian
state of Maranhão. We expect this to be inaugurated in 2007.
The Tubarão Botanical Park is now one of the main leisure and visiting areas of the city of Vitória
with 120,000 visitors in 2006.
Atmospheric emissions
In Brazil, the first actions in air quality management go back to the 1970s. Today the country has
a wide-ranging policy for air quality management based on the National Air Quality Control
(Pronar) Program.
Conscious of the need for its operations to be compatible with preserving air quality, CVRD makes
this subject priority in its environmental management.
Its production units make Air Quality Management Plans, which include control of atmospheric
emissions, and implementation of the companys Emissions Monitoring Program and its Meteorological
and Air Quality Monitoring Program.
The company also runs programs for development of new technologies and research on the subject,
such as studies of atmospheric dispersion, epidemiological studies, use of an intelligent
receiver (to determine origin of airborne particles) and other efforts for continual improvement
and maintenance of the levels of air quality in accordance with the quality standards.
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15.01 ENVIRONMENTAL PROBLEMS
A successful example of action to reduce atmospheric pollution is the CVRD Environmental Quality
Program in the state of Espírito Santo, in partnership with that states government. Some R$ 30
million was spent on the program in 2006 part of a planned investment of some R$ 252 million
over the next three years to implement a series of environmental actions and projects that aim
to help improve environmental quality in the region of Greater Vitória.
Highlight action in 2006 includes an electrostatic precipitator at the entry and exit points of the
furnace, with a particle size filter, at Plant 7 of the Vitória pelletization complex, and the
application of a powder suppressor in transport and handling of pellets. These two actions
significantly reduced emissions of particle material. The new precipitator at Plant 7 practically
eliminated emissions. It has an efficiency of more than 99%, and the concentrations of particle
material at the chimney exit have been showing levels well below the legal requirement.The powder
suppressor is a paraffin-related product applied by mixture with water through the spraying systems
located at various points of the area where pellets are handled.
Climate change
Emission of greenhouse gases is a focus subject for CVRD, since its logistics and pelletization
operations use fossil fuels as a source of energy, and these emit greenhouse gases, thus
contributing to global warming.
International efforts to reduce greenhouse gases have resulted in formation of market groupings in
both developed and developing countries, and these affect CVRD, its partners and its clients.
CVRD has been acting in several different ways on climate change, making annual emissions and
carbon inventories in 2005 and 2006.
This work is based on the CVRD Greenhouse Gas Inventory Manual, which follows international
standards and protocols: the Corporate Module of the joint Greenhouse Gas Protocol of the World
Business Council for Sustainable Development and the World Resources Institute; and ISO Standard
14064-1 (Specification with guidance at the organization level for quantification and reporting of
greenhouse gas emissions and removals).
CVRD takes part in forums for debate and formulation of strategy on the subject, such as the
International Emissions Trading Association (Ieta), the World Business Council for Sustainable
Development, and its representative in Brazil, the Brazilian Business Council for Sustainable
Development.
Climate change is one of the greatest challenges to be faced by the productive sectors, governments
and the scientific community. With its inventories of greenhouse gases and carbon stocks, CVRD now
has the tools that can provide continuous improvement in efficiency of controls, focused on
specific consumption of fossil fuels, and identification, development and application of clean
technologies.
One of these initiatives is for the use of biodiesel fuel, which has been tested in locomotives on
CVRDs railroads. Brazil has been developing a program of expansion of production of this fuel
based on high-yield oilseeds, repeating the success that the country achieved in production of
alcohol for motor vehicles. Over the years, CVRD will replace diesel by biodiesel, in accordance
with the supply of this alternative energy source, in the technically acceptable percentages as
supported by the various suppliers of diesel engines.
In relation to sequestering of CO2 and fixing of carbon stocks in forests, CVRD has learned about
these conversions in its protected and reforested areas. The companys knowledge in this field
which is very complex due to the diversity of the types of forests that exist in Brazil has
enabled CVRD to have a wide exchange of information with the scientific community, establishing
methods of measurement that are in line with those suggested by the UN Scientific Panel on Climate
Change (IPCC), especially by its sector dedicated to soil use and changes in forest soil
applications (LULUCF).
In CVRDs nature reserve at Linhares, for example, it has one of the most complete databases on
carbon inventories in Brazilian primary forests, due to the initiatives of its technical staff, who
for 25 years have been collecting information that has made possible calibration of mathematical
models developed for similar forest types.
Biodiesel: on track
CVRD currently consumes 511 million liters of diesel fuel per year on its railroads. This is why it
has decided to invest in a project to assess the impacts of use of a renewable energy source
biodiesel.
The social gain is in the companys contribution to the Brazilian federal governments program to
encourage the production of biodiesel fuel in the North and Northeastern regions of Brazil, through
family farming. That is to say, by consuming the product, CVRD contributes to the social
development of these populations.
In March 2006 the company began tests to assess the use of biodiesel made from palm oil (dendê) to
run locomotives. This was done in a gasoline/biodiesel mix known as B20, i.e. 20% biodiesel to 80%
conventional diesel fuel.
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33.592.510/0001-54 |
15.01 ENVIRONMENTAL PROBLEMS
The main objective was to verify both in laboratory tests, on the bench and in the field, the
effects of the mixture in terms of power, energy efficiency, and maintenance of locomotives, as
well as emission of pollutants. With a 20% mixture, estimated consumption of biodiesel on CVRDs
railroads would be 102 million liters/year.
For its field tests on the railroads, CVRD obtained authorization from the Brazilian Environmental
Authority (Ibama) and also from the National Oil, Natural Gas and Biofuels Agency (ANP) the
first company to obtain such permission from ANP.
In the tests, CVRD used two GE Dash 9 locomotives, designated to run always with the same trains
and under the same traction load. The tests in 2006 were on the Vitória-Minas railroad, from March
to December (field tests), and in June and November (bench tests). In these months, locomotives
were fuelled in Tubarão, (Espírito Santo State) using a proprietary-designed system, and in Nova
Era, (Minas Gerais State) using tanker trucks.
The data from the testing period are still under analysis, but some preliminary conclusions can be
drawn. In power performance, the Dash 9 locomotive tended to maintain power at all points,
independently of the fuel used, since it is uses microprocessing regulation. Thus, the reduction of
power using biodiesel in the B20 proportion will be very small.
In maintenance, researchers from the Postgraduate Engineering Research Institute (Coppe) of Rio de
Janeiro Federal University, using analysis of lubricating oil, videoscope analysis and monitoring
of routine maintenance, found no impacts from use of biodiesel fuel. Even so, Coppe intends to make
a more detailed analysis of the video data and examine the locomotive engines, to confirm the
fuels good performance.
Energy efficiency tests were made on the bench and in the field. The field data are still being
assessed. On the bench results alone, and taking into account the time of operation per
acceleration point, the use of biodiesel results in a small increase in consumption.
In the future CVRD intends to use biodiesel in growing percentages, in accordance with the
availability of supply of the fuel, or with development of its own planting for production. The use
of biodiesel will also take into consideration results of tests carried out by suppliers of the
locomotive engines, aiming to ensure performance and durability. The company is making technical
and economic feasibility studies for creation of its own planted areas and a biodiesel processing
plant.
Geo-information
CVRD has a sophisticated territorial management system GeoVale for the areas where it
operates.
Supported by satellite images of varying resolutions, CVRD has developed integrated geographical
databases providing a wide range of information on geographical and census attributes of the areas
directly and indirectly influenced by its operations.
The use of these technologies in observing and interpreting the Earths surface, to go with
territory management methods CVRD has developed, has been providing greater exactitude in
environmental studies related to the implementation of new projects, and also improvement of the
models for the companys interaction with the regions where it operates.
One of CVRDs business areas that makes intensive use of GeoVale is Logistics. All the railroads
have been recorded in satellite images or high definition digital photography. That is a total of
about 10,000 kilometers, digitalized, interpreted and organized in the Geographical Information
System (SIG) of each railroad, totally integrated with each railroads Operational
Control Center.
This tool has provided more efficiency to the operations in normal and also abnormal situations
e.g. in the event of an accident. Risk management associated with transport indicates the behavior
of each type of cargo in relation to the environment and urban and farming areas. It is also
integrated to the SIG, which makes possible immediate location of the exact point of the
occurrence, and makes it possible for teams from emergency service bases to have immediate direct
access for action.
In mining areas, use of geomatics has provided a higher level of knowledge of a sites
environmental features, which means improvement in techniques of planning of mining works,
installation of mining infrastructure operations, and operational management.
Teaching for sustainability
Training in environmental management has a fundamental role to play in CVRDs operations, since
preservation and recovery of the environment are essential management functions.
CVRDs Environmental Attitude program was created in 2004. This consolidates and imposes a common
line upon all of CVRDs environmental training projects.
The company continued the Environmental Attitude program in 2006 with publication of guidelines for
environmental teaching, for both its internal and external publics, with planning structured over
2006 and 2007.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
15.01 ENVIRONMENTAL PROBLEMS
The object of the program is dissemination of the companys environmental responsibility
principles: it is based on the dialogues between leaders, employees and outsourced contractors, in
which the relationship between ethical and moral values and the companys environmental management
tools is discussed.
CVRDs Corporate University Valer takes an effective role in the Environmental Attitude
program, having developed a discipline focused on environmental responsibility, with its own
methodology that gives special emphasis to concrete cases and practice. This discipline has become
part of the program for the central features of Valers Corporate Citizenship Center (which is
responsible for publication of the Corporate Values). These are: culture, environment, social
responsibility, quality, safety and health.
Also in 2006, 25 operational units went through a first phase of the diagnosis of the
Environmental Attitude program, in which the types of projects in progress, the scope of works,
beneficiaries and results were identified.
Three environmental training projects using the new environmental responsibility method developed
by Valer were begun in 2006 in the Tubarão Port and Industrial Complex, in Espírito Santo Mina
State, in the Sossego copper mine in Pará, and in the iron ore mines in Minas Gerais. These
projects aim to involve approximately 40,000 employees and outsourced operators, in the various
operational units, by 2008.
In the four mining complexes of the Southern System in Brazil Itabira, Mariana, Minas Centrais
and Minas West with the support of IAVRD, CVRD has remodeled three centers of excellence and
environmental training, and built a fourth. These centers have libraries, and carry out activities
with employees and the populations of cities, with exhibitions of environmental works of the
communities and the schools, and give out information on the companys environmental programs.
A highlight among the various environmental training programs developed by CVRDs units
consolidated into the Environmental Attitude program is at Canaã dos Carajás, in the Brazilian
state of Pará. In 2006, this program was put in place in 14 schools, which carried out workshops in
mathematics, Portuguese, geography and sciences as applied to environmental issues. In three years
the program in that city has reached 150 teachers and 3,500 pupils.
Adding the public of schools and communities of the centers in Minas Gerais to the work carried out
in Pará and also in the state of Maranhão, Environmental Attitude projects served approximately
1,000 teachers and more than 15,000 children and adolescents in 2006.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
16.01 LAWSUITS WITH A VALUE EXCEEDING 5% OF STOCKHOLDERS EQUITY OR NET PROFIT
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3 - % OF |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
STOCKHOLDERS' |
|
|
|
|
|
|
|
|
|
6 - AMOUNT (R$ |
1 - ITEM |
|
2 - DESCRIPTION |
|
EQUITY |
|
4 - % OF NET PROFIT |
|
5 - PROVISION |
|
THOUSANDS) |
|
|
|
|
|
|
|
|
|
|
|
|
YES |
|
NO |
|
|
|
|
01 |
|
Labor Suits |
|
|
2.11 |
|
|
|
6.15 |
|
|
X |
|
|
|
|
826,000 |
|
02 |
|
Tax Disputes |
|
|
5.67 |
|
|
|
16.51 |
|
|
X |
|
|
|
|
2,218,000 |
|
03 |
|
Other Suits |
|
|
0.00 |
|
|
|
0.00 |
|
|
|
|
|
|
|
0 |
|
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
17.01 OPERATIONS WITH RELATED COMPANIES
Product purchases and rendering of services
PRODUCTS/SELLERS
Pellets/ Iron Ore
Companhia Ítalo-Brasileira de Pelotização ITABRASCO
Companhia Nipo-Brasileira de Pelotização NIBRASCO
Companhia Hispano-Brasileira de Pelotização HISPANOBRÁS
Companhia Coreano-Brasileira de Pelotização KOBRASCO
Minerações Brasileiras Reunidas S.A MBR
SERVICES/PROVIDERS
Freight
Log In Logística Intermodal S.A.
Seamar Shipping Corporation
MRS Logística S.A.
Companhia Portuária Baía Sepetiva CPBS
Purchases Of Imported Material
CVRDInternational
Loan Contracts
Subsidiaries and Associated Companies Market Rate.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
17.01 OPERATIONS WITH RELATED COMPANIES
PRODUCTS/CUSTOMERS
Pellets/Iron Ore
CVRDInternational
Usinas Siderúrgicas de Minas Geras S.A. USIMINAS
Companhia Hispano-Brasileira de Pelotização HISPANOBRÁS
Companhia Ítalo-Brasileira de Pelotização ITABRASCO
Companhia Nipo-Brasileira de Pelotização NIBRASCO
Companhia Coreano-Brasileira de Pelotização KOBRASCO
Rio Doce Limited
CVRD Overseas Ltd.
Samarco Mineração S.A.
TRANSPORTATION SERVICES
Usinas Siderúrgicas de Minas Gerais S.A. USIMINAS
Ferrovia Centro Atlantica S.A. FCA
Rio Doce Manganês S.A.
OTHER SERVICES
Subsidiaries and Associated Companies
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
18.01 BY LAWS
CHAPTER I NAME, PURPOSE, HEAD OFFICE AND DURATION
Article 1 COMPANHIA VALE DO RIO DOCE, referred to in abbreviated form as CVRD, is a joint-stock
company governed by the present By-Laws and by applicable legislation.
Article 2 The purpose of the company is:
I. |
|
the exploitation of mineral deposits in Brazil and abroad by means of extraction, processing,
industrialization, transportation, shipment and commerce of mineral assets; |
|
II. |
|
the building and operation of railways and the exploitation of own or third party rail traffic; |
|
III. |
|
the building and operation of own or third party marine terminals, and the exploitation of nautical activities for the
provision of support within the harbor; |
|
IV. |
|
the provision of logistics services integrated with cargo transport, comprising generation, storage, transshipment,
distribution and delivery within the context of a multimodal transport system; |
|
V. |
|
the production, processing, transport, industrialization and commerce of all and any source
and form of energy, also involving activities of production, generation, transmission,
distribution and commerce of its products, derivatives and subproducts; |
|
VI. |
|
the carrying-on, in Brazil or abroad, of other activities that may be of direct or indirect
consequence for the achievement of its corporate purpose, including research,
industrialization, purchase and sale, importation and exportation, the exploitation,
industrialization and commerce of forest resources and the provision of services of any kind
whatsoever; |
|
VII. |
|
constituting or participating in any fashion in other companies, consortia or associations
directly or indirectly related to its business purpose. |
Article 3 The head office and legal venue of the company shall be in the city of Rio de Janeiro,
State of Rio de Janeiro, the company being empowered for the better realization of its activities
to set up branch offices, subsidiary branch offices, depots, agencies, warehouses, representative
offices or any other type of establishment in Brazil or abroad.
Article 4 The term of duration of the company shall be unlimited.
CHAPTER II CAPITAL AND SHARES
Article 5 - The paid-up capital amounts to R$ 28,000,000,000.00 (twenty-eight billion reais)
corresponding to 2,459,657,058 (two billion, four hundred fifty nine million, six hundred fifty
seven thousand and fifty eight) shares, being R$ 17,074,399,818.22 (seventeen billion, seventy four
million, three hundred ninety nine thousand, eight hundred eighteen reais and twenty two cents),
split into 1,499,898,858 (one billion, four hundred ninety nine million, eight hundred ninety eight
thousand, eight hundred fifty eight) common shares and R$ 10,925,600,181.78 (ten billion, nine
hundred and twenty five million, six hundred thousand, one hundred and eighty one reais and seventy
eight cents), split into 959,758,200 (nine hundred fifty nine million, seven hundred and fifty
eight thousand and two hundred) preferred Class A shares, including 6 (six) special class share,
all without nominal value.
§ 1 The shares are common shares and preferred shares. The preferred shares comprise class
A and special class.
§ 2 The special class preferred share shall belong exclusively to the Federal Government. In
addition to the other rights which are expressed and specifically attributed to these shares
in the current By-Laws, the special class shares shall possess the same rights as the class A
preferred shares.
§ 3 Each common, class A preferred share and special class shares shall confer the right to
one vote in decisions made at General Meetings, the provisions of § 4 following being
observed.
§ 4 The preferred class A and special shares will have the same political rights as the
common shares, with the exception of voting for the election of Board Members, excepting the
provisions set forth in §§ 2 and 3 of Article 11 following, and also the right to elect and
dismiss one member of the Fiscal Council, and its respective alternate.
§ 5 Holders of class A preferred and special class shares shall be entitled to receive
dividends calculated as set forth in Chapter VII in accordance with the following criteria:
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
a) priority in receipt of dividends specified in § 5 corresponding to: (i) a minimum of 3%
(three percent) of the stockholders equity of the share, calculated based on the financial
statements which served as reference for the payment of dividends, or (ii) 6% (six percent)
calculated on the portion of the capital formed by this class of share, whichever higher;
b) entitlement to participate in the profit distributed, on the same conditions as those for
common shares, once a dividend equal to the minimum priority established in accordance with
letter a above is ensured; and
c) entitlement to participate in any bonuses, on the same conditions as those for common
shares, the priority specified for the distribution of dividends being observed.
§6 Preferred shares shall acquire full and unrestricted voting rights should the company fail
to pay the minimum dividends to which they are entitled during 3 (three) consecutive fiscal
years, under the terms of §5 of Article 5.
Article 6 The company is authorized to increase its share capital up to the limit of
1.800.000.000 (one billion and eight hundred million) common shares and 3.600.000.000 (three
billion and six hundred million) class A preferred shares. Within the limit authorized by the
present Article, the company shall, by means of a decision by the Board of Directors, be entitled
to increase the share capital without any alteration of the By-Laws by means of the issuance of
common shares and/or preferred shares.
§ 1 The Board of Directors shall determine the conditions for issuance, including the price
and the period of time prescribed for paying up.
§ 2 At the option of the Board of Directors the preemptive right in the issuance of shares,
bonds convertible into shares and subscription bonuses, the placement of which on the market
may be by sale on the stock exchange or by public subscription as per the prescriptions set
forth in Law no. 6.404/76, may be rescinded.
§ 3 Provided that the plans approved by the General Meeting are complied with, the company
shall be entitled to delegate the option of share purchase to its administrators and
employees, with shares held in Treasury or by means of the issuance of new shares, the
shareholders preemptive right being excluded.
Article 7 The special class share shall possess a veto right regarding of the following subjects:
I. |
|
change of name of the company; |
|
II. |
|
change of location of the head office; |
|
III. |
|
change of the corporate purpose with reference to mineral exploitation; |
|
IV. |
|
the winding-up of the company; |
|
V. |
|
the sale or cessation of the activities of any part or of the whole of the following
categories of the integrated iron ore systems of the company: (a) mineral deposits, reserves
and mines; (b) railways; (c) ports and marine terminals; |
|
VI. |
|
any alteration of the rights assigned to the types and classes of the shares issued by the
company in accordance with the prescriptions set forth in the present By-Laws; |
|
VII. |
|
any alteration of the present Article 7 or of any of the other rights assigned to the special
class share by the present By-Laws. |
CHAPTER III GENERAL MEETING
Article 8 The ordinary Shareholders General Meeting shall be held within the first four months
following the end of the fiscal year and, extraordinarily, whenever called by the Board of
Directors.
§ 1 An extraordinary Shareholders General Meeting shall be competent to discuss the subjects
specified in Article 7.
§ 2 The holder of the special class share shall be formally requested by the company to
attend for the purpose of discussing the subjects specified in Article 7 by means of personal
correspondence addressed to its legal representative, a minimum period of notice of 15
(fifteen) days being given.
§ 3 Should the holder of the special class share be absent from the General Meeting called
for this purpose or should it abstain from voting, the subjects specified in Article 7 shall
be deemed as having been approved by the holder of the said special class.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
Article 9 At an Ordinary or Extraordinary General Meeting, the chair shall be taken by the
Chairman, or in his absence by the Vice-Chairman of the Board of Directors of the company, and the
Secretary of the Board of Directors shall act as secretary, as per § 14 of Article 11.
Sole Paragraph In the case of temporary absence or impediment of the Chairman or Vice-Chairman of
the Board of Directors, the General Meeting of Shareholders shall be chaired by their respective
alternates, or in the absence or impediment of such alternates, by an Officer specially appointed
by the Chairman of the Board of Directors.
CHAPTER IV ADMINISTRATION
Article 10 The Board of Directors and the Executive Board shall be responsible for the
administration of the company.
§1 The members of the Board of Directors and the Executive Board shall take office by means of
signing the Minute Book of the Board of Directors or the Executive Board, as the case may be.
§2 The term of office of the members of the Board of Directors and the Executive Board shall
be extended until their respective successors have taken office.
§3 The General Meeting shall fix the overall amount for the remuneration of the
administrators, benefits of any kind and allowances being included therein, taking into
account the responsibilities of the administrators, the time devoted to the performance of
their duties, their competence and professional repute and the market value of their duties,
their competence and professional repute and the market value of their services. The Board of
Directors shall apportion the fixed remuneration among its members and the Executive Board.
§4 The Board of Directors shall be supported by technical and consultant bodies, denominated
Committees, regulated as set forth in Section II Committees hereinafter.
SECTION I BOARD OF DIRECTORS
Subsection I Composition
Article 11 The Board of Directors, a joint decision-making body, shall be elected by the General
Meeting and shall be formed of 11 (eleven) effective members and their respective alternates, all
being shareholders in the company, and one of whom shall be the Chairman of the Board and another
shall be the Vice-Chairman.
§1 The term of office of the members of the Board of Directors shall be 2 (two) years, their
re-election being permitted.
§2 Under the terms of Article 141 of Law # 6,404/76, 1 (one) member and his alternate of the
Board of Directors, may be elected and removed, by means of a separate vote at the general
meeting of shareholders, excluding the controlling shareholder, by the majority of holders,
respectively, of:
I common shares representing at least 15% (fifteen percent) of the total shares with
voting rights; and
II preferred shares representing at least 10% (ten percent) of share capital.
§3 Having ascertained that neither the holders of common shares or preferred shares have
respectively formed the quorum required in sections I and II of §2 above, they shall be
entitled to combine their shares to jointly elect a member and an alternate to the Board of
Directors, and in such hypothesis the quorum established in section II of §2 of this Article
shall be observed.
§4 The entitlement set forth in §2 of this Article may only be exercised by those shareholders
who are able to prove uninterrupted ownership of the shares required therein for a period of
at least 3 (three) months, immediately prior to the general shareholders meeting which elected
the members of the Board of Directors.
§5 From among the 11 (eleven) effective members and their respective alternates of the Board
of Directors, 1 (one) member and his alternate shall be elected and/or removed, by means of a
separate vote, by the employees of the company.
§6 The Chairman and the Vice-Chairman of the Board of Directors shall be elected among the
members thereof during a Meeting of the Board of Directors to be held immediately after the
General Meeting which has elected them.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
§7 In the case of impediment or temporary absence, the Vice-Chairman shall replace the
Chairman, and during the period of such replacement the Vice-Chairman shall have powers
identical to those of the Chairman, the alternate of the Chairman being nevertheless entitled
to exercise the right to vote in his capacity as a member of the Board of Directors.
§8 Should a vacancy occur in the office of Chairman or Vice-Chairman, the Board of Directors
shall elect the respective alternates in the first Meeting to be held after the vacancy.
§9 During their impediments or temporary absences, the members of the Board of Directors shall
be replaced by their respective alternates.
§10 Should a vacancy occur in the office of a member of the Board of Directors or of an
alternate, the vacancy shall be filled by nomination by the remaining members of an alternate
who shall serve until the next General Meeting, which shall decide on his election. Should
vacancies occur in the majority of such offices, a General Meeting shall be convened in order
to proceed with a new election.
§11 Whenever the Board of Directors is elected under the multiple vote regime, as established
in Article 141 of Law # 6,404/1976, the Chairman of the shareholders meeting shall inform
those shareholders present that the share which elected a member of the Board of Directors, by
means of a separate vote in accordance with §§2 and 3 of Article 11, may not participate in
the multiple vote regime and, evidently, may not participate in the calculation of the
respective quorum. Once the separate vote has been held, then the ratio may be definitively
defined in order to proceed with the multiple vote.
§12- With the exception of the effective members and their respective alternates, elected by means
of separate vote, respectively, by the employees of the company and by the holders of
preferred shares, under section II, §2 of Article 11, whenever the election for the Board of
Directors is held under the multiple vote regime, the removal of any member of the Board of
Directors, effective or alternate, by the general shareholders meeting, shall imply in the
removal of the other members of the Board of Directors, and consequently a new election shall
be held; in other cases of vacancy, in the absence of an alternate, the first general
shareholders meeting shall elect the whole Board.
§13 Whenever, cumulatively, the election of the Board of Directors is held under the
multiple vote system and the holders of common shares or preferred shares or company employees
exercise the right established in §§ 2, 3 and 5 above, the shareholder or group of
shareholders under vote agreement who hold over 50% (fifty percent) of shares with voting
rights, shall be ensured the right to elect officers in a number equal to those elected by the
other shareholders, plus one, irrespective of the number of officers established in the
caption of Article 11.
§14 The Board of Directors shall have a Secretary, appointed by the Chairman of the Board
of Directors, who shall necessarily be an employee or administrator of the company, in whose
absence or impediment shall be replaced by another employee or administrator as designated by
the Chairman of the Board of Directors.
Subsection II Workings
Article 12 The Board of Directors shall meet on an ordinary basis once a month and extraordinary
whenever called by the Chairman or, in his absence, by the Vice-Chairman of the Board or by any 2
(two) members acting together.
Article 13 Meetings of the Board of Directors shall only be held with the presence of and
decisions shall only be taken by the affirmative vote of a majority of its members.
§1 The minutes of the meetings of the Board of Directors shall be recorded in the Book of
Minutes of Meetings of the Board of Directors which, after having been read and approved by
the officers present at the meetings, shall be signed in a number sufficient to constitute the
majority necessary for approval of the subjects examined.
§2 The Secretary shall be responsible for the recording, distribution, filing and safeguard of
the respective minutes of the meetings of the Board of Directors, as well as for the issuance
of abstracts of the minutes and certificates of approvals of the Board of Directors.
Subsection III Responsibilities
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
Article 14 The Board of Directors shall be responsible for:
I. |
|
electing, evaluating and at any time removing the Executive Officers of the company, and
assigning functions to them; |
|
II. |
|
distributing the remuneration established by the general shareholders meeting among its members and those of the Executive Board; |
|
III. |
|
assigning the functions of Investor Relations to an Executive Officer; |
|
IV. |
|
approving the policies relating to selection, evaluation, development and remuneration of members of the Executive Board; |
|
V. |
|
approving the companys human resources general policies as submitted to it by the Executive
Board; |
|
VI. |
|
establishing the general guidance of the business of the company, its whollyowned subsidiary companies and controlled companies; |
|
VII. |
|
approving the strategic guidelines and the strategic plan of the company submitted annually by the Executive Board; |
|
VIII. |
|
approving the companys annual and multi-annual budgets, submitted to it by the Executive Board; |
|
IX. |
|
monitoring and evaluating the economic and financial performance of the company, and may request the Executive Board to provide
reports with specific performance indicators; |
|
X. |
|
approving investments and/or divestiture opportunities submitted by the Executive Board which
exceed the limits established for the Executive Board as defined by the Board of Directors; |
|
XI. |
|
issuing opinions on operations relating to merger, split-off, incorporation in which the company is a party, as well as share
purchases submitted by the Executive Board; |
|
XII. |
|
with the provisions set forth in Article 2 of the present By-Laws being complied with, making decisions concerning the
setting-up of companies, or its transformation into another kind of company, direct or indirect participation in the capital of
other companies, consortia, foundations and other organizations, by means of the exercise of rights withdrawal, the exercise of
non-exercise of rights of subscription, or increase or sale, both direct and indirect, of corporate equity, or in any other
manner prescribed by law, including but not limited to, merger, split-off and incorporation in companies in which it
participates; |
|
XIII. |
|
approving the corporate risks and financial policies of the company submitted by the Executive Board; |
|
XIV. |
|
approving the issuance of simple debentures, not convertible into share and without collateral submitted by the Executive Board; |
|
XV. |
|
approving the accounts of the Executive Board, substantiated in the Annual Report and the Financial Statements, for
subsequent submission to the Ordinary General Meeting; |
|
XVI. |
|
approving the employment of profit for the year, the distribution of dividends and, when necessary, the capital budget,
submitted by the Executive Board, to the later direction to the appreciation of the Ordinary Shareholders Meeting; |
|
XVII. |
|
selecting and removing external auditors of the company, based on the Fiscal Councils recommendation, in accordance with
section (ii) of §1º of Article 39; |
|
XVIII. |
|
appointing and removing the person responsible for the internal auditing and for the Ombud of the company, who shall report
directly to the Board of Directors; |
|
XIX. |
|
approving the policies and the annual audit plan of the company submitted by the person responsible for internal auditing, as
well as to acknowledge the respective reports and determine the adoption of necessary measures; |
|
XX. |
|
overseeing the management of the company by the Executive Officers and examining at any time, the books and documents of the
Company, requesting information about contracts signed or about to be signed, and about any other actions, in order to ensure
the financial integrity of the Company; |
|
XXI. |
|
approving alterations in corporate governance rules, including, but not limited to, the process of rendering of accounts and
the process of disclosure of information; |
|
XXII. |
|
approving policies of employee conducts based on ethical and moral standards described in the Code of Ethics of the Company,
to be observed by all administrators and employees of the Company, its subsidiaries and controlled companies; |
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
XXIII. |
|
approving policies to avoid conflicts of interests between the Company and its shareholders or its administrators, as well as
the adoption of the measures considered necessary in the event such conflicts arise; |
|
XXIV. |
|
approving policies of corporate responsibility of the Company, mainly those related to: the environment, health and labor
safety, and social responsibility of the Company, submitted by the Executive Board; |
|
XXV. |
|
establishing criteria for the Executive Board in relation to the purchase of, sale of and placing of liens on fixed assets
and for the constitution of encumbrances, the provisions set forth in Article 7 of the present By-Laws being complied with; |
|
XXVI. |
|
approving the provision of guarantees in general, and establishing criteria for the Executive Board in relation to the
contracting of loans and financing and for the signing of other contracts; |
|
XXVII. |
|
establishing criteria for the Executive Board in relation to the signing of commitments,
waiving of rights and transactions of any nature, except for the waiver of its preemptive
rights in the subscription and purchase of shares, under section XII of Article 14; |
|
XXVIII. |
|
approving any matters which are not the competence of the Executive Board, under the
terms of the present By-Laws, as well as matters whose limits exceed the criteria established
for the Executive Board, as established in Article 14; |
|
XXIX. |
|
approving any reformulation, alteration, or amendment of shareholders agreements or
consortia contracts, or of agreements among the shareholders or among the consortia parties of
companies in which the company participates, as well as approving the signing of new
agreements and/or consortia contracts that address subjects of this nature; |
|
XXX. |
|
authorize the negotiation, signing or alteration of contracts of any kind of value
between the company and (i) its shareholders, either directly or through intermediary
companies (ii) companies which directly or indirectly participate in the capital of the
controlling shareholder or which are controlled, or are under joint control, by companies
which participate in the capital of the controlling shareholder, and/or (iii) companies in
which the controlling shareholder of the company participates, and the Board of Directors may
establish delegations, with standards and procedures, which meet the requirements and nature
of the operations, without prejudice of keeping the aforementioned group duly informed of all
company transactions with related parties; |
|
XXXI. |
|
expressing its opinion regarding any matter to be submitted to the General Meeting of
Shareholders; |
|
XXXII. |
|
authorizing the purchase of shares of its own issuance for maintenance in treasury,
cancellation or subsequent sale; |
|
XXXIII. |
|
approving the recommendations submitted by the Fiscal Council of the Company in the
exercise of its legal and statutory attributions. |
§1 The Board of Directors shall be responsible for appointing, as submitted by the Executive
Board, the persons who shall form part of the Administrative, Consulting and Audit bodies of
those companies and organizations in which the company participates, directly or indirectly.
§2 The Board of Directors may, at its discretion, delegate the assignment mentioned in
the prior paragraph to the Executive Board.
SECTION II COMMITTEES
Article 15 The Board of Directors, shall have, for advice on a permanent basis, 5 (five)
technical and advisory committees, denominated as follows: Executive Development Committee,
Strategic Committee, Finance Committee, Accounting Committee and Governance and Sustainability
Committee.
§1 The Board of Directors, at its discretion, may also establish, for its consulting
support, other committees to fulfill consultant or technical tasks, other than those permanent
committees as set forth in the caption of this Article.
§2 The members of the committees shall be remunerated as established by the Board of
Directors, and those members who are administrators of the company shall not be entitled to
additional remuneration for participating on the committees.
Subsection I Mission
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
Article 16 The mission of the committees shall be to provide support to the Board of Directors,
which includes the follow up of the activities of the Company, in order to increase the efficiency
and quality of its decisions.
Subsection II Composition
Article 17 The members of the committees shall have proven experience and technical skills in
relation to matters that are the object of the respective committees responsibility and shall be
subject to the same legal duties and responsibilities as the administrators.
Article 18 The composition of each committee shall be defined by the Board of Directors.
§1 The members of the committees shall be appointed by the Board of Directors and may belong to
company administration bodies or not.
§2 The term of management for the members of the committees shall begin as of their appointment
by the Board of Directors, and termination shall coincide with the end of the management term of
the members of the Board of Directors, and reappointment shall be permitted.
§3 During their management, members of the committees may be removed from office by the Board of
Directors.
Subsection III Workings
Article 19 Standards relating to the workings of each committee shall be defined by the Board of
Directors.
§1 The committees established within the company shall not have decision making power and
their reports and proposals shall be submitted to the Board of Directors for approval.
§2 The committees reports do not constitute a necessary condition for the presentation of
matters for scrutiny and approval by the Board of Directors.
Subsection IV Responsibilities
Article 20 The main duties of the committees are set forth in Article 21 and subsequent articles,
whereas their detailed duties shall be defined by the Board of Directors.
Article 21 The Executive Development Committee shall be responsible for:
I issuing reports on the human resources general policies of the Company submitted by the Executive Board to the Board of Directors;
II analyzing and issuing reports to the Board of Directors on the restatement of remuneration of members of the Executive Board;
III submitting and ensuring up-to-dateness of the performance evaluation methodology of the members of the Executive Board; and
IV issuing reports on potential conflicts of interest between the company and its shareholders or administrators.
Article 22 The Strategic Committee shall be responsible for:
I issuing reports on the strategic guidelines and the strategic plan submitted annually by the Executive Board;
II issuing reports on the companys annual and multi-annual investment budgets submitted by the Executive Board to the Board of
Directors;
III issuing reports on investment and/or divestiture opportunities submitted by the Executive Board to the Board of Directors;
IV issuing reports on operations relating to merger, split-off, incorporation in which the company and its controlled subsidiaries
are a party, and on share purchases submitted by the Executive Board to the Board of Directors.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
Article 23 The Finance Committee shall be responsible for:
|
|
|
I |
|
issuing reports on the corporate risks and financial policies and the internal financial control systems of the Company; |
|
|
|
II |
|
issuing reports on the compatibility between the remuneration level of shareholders and the parameters established in the annual
budget and financial scheduling, as well as its consistency with the general policy on dividends and the capital structure of the
company. |
Article 24 The Accounting Committee shall be responsible for:
|
|
|
I |
|
recommending the appointment of the person responsible for the internal auditing of the Company to the Board of Directors ; |
|
|
|
II |
|
issuing reports on the policies and the Companys annual auditing plan submitted by the employee responsible for internal
auditing, and on its execution; |
|
|
|
III |
|
tracking the results of the Companys internal auditing, and identifying, priorizing, and submitting actions to be accompanied by
the Executive Board to the Board of Directors; |
|
|
|
IV |
|
analyzing the Annual Report, as well as the Financial Statements of the company and making recommendations to the Board of
Directors. |
Article 25 The Governance and Ethics Committee shall be responsible for:
|
|
|
I |
|
evaluating the efficiency of the companys governance practices and the workings of the Board of Directors, and submitting
improvements; |
|
|
|
II |
|
submitting improvements to the code of ethics and in the management system in order to avoid conflicts of interests between the
company and its shareholders or company administrators; and |
|
|
|
III |
|
issuing reports on policies relating to corporate responsibility, such as the environment, health, safety and social
responsibility of the company submitted by the Executive Board. |
SECTION III EXECUTIVE BOARD
Subsection I Composition
Article 26 The Executive Board, the executive administration body of the company, shall consist
of 6 (six) to 9 (nine) members, one of whom shall be the Chief Executive Officer and others shall
be Executive Officers.
|
|
|
§1 |
|
The Chief Executive Officer shall submit to the Board of Directors the names of candidates
for the Executive Board with renowned knowledge and specialization in the subject of
responsibility of the respective operational area, and may also at any time submit to the
Board of Directors a motion to remove. |
|
|
|
§2 |
|
The Executive Officers shall have their individual duties defined by the Board of
Directors. |
|
|
|
§3 |
|
The management term of the members of the Executive Board shall be 2 (two) years, and
re-election shall be permitted. |
Subsection II Workings
Article 27 In the case of temporary impediment of the Chief Executive Officer, same shall be
replaced by another member of the Executive Board designated by majority vote of the members of the
Executive Board, and in the case of absence, the Chief Executive Officer may designate his own
substitute, who shall assume all legal, statutory and regulatory duties and responsibilities.
|
|
|
§1 |
|
In the case of temporary impediment or absence of any Executive Officer, same shall be
replaced by one of the Executive Officers appointed by the Chief Executive Officer, who shall
accumulate the legal, statutory and regulatory responsibilities of the absent or impeded
Executive Officer, for the term of exercise of the post of the substituted Executive Officer,
excluded the right to vote at Executive Board meetings. |
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
§ 2 Should a vacancy occur in the office of an Executive Officer, the substitute member shall be
selected and his name shall be submitted by the Chief Executive Officer to the Board of Directors
who shall elect him to complete the remaining term of the substituted officer.
§ 3 Should a vacancy occur in the office of the Chief Executive Officer, the Executive Officer in
charge of Finance shall substitute the Chief Executive Officer, accumulating his own duties, rights
and responsibilities with those of the Chief Executive Officer until the Board of Directors holds a
new election for the office of Chief Executive Officer.
Article 28 In respect of the limits established for each Executive Officer, the decisions on
matters affecting his specific operational area, provided that the matter does not affect the
operational area of another Executive Officer, shall be taken by himself or in conjunction with the
Chief Executive Officer, in matters or situations pre-established by the latter.
Article 29 The Executive Board shall meet on an ordinary basis once a fortnight and
extraordinarily whenever called by the Chief Executive Officer or his substitute.
Sole Paragraph The Chief Executive Officer shall convene an extraordinary meeting of the
Executive Board by virtue of the request of at least 3 (three) members of the Executive Board;
Article 30 The meetings of the Executive Board shall only begin with the presence of the majority
of its members.
Article 31 The Chief Executive Officer shall chair the meetings of the Executive Board in order
to priorize consensual approvals amongst its members.
|
|
|
§1 |
|
When there is no consent among members of the Board, the Chief Executive Officer may (i)
withdraw the issue from the agenda, (ii) attempt to form a majority, with the use of his
casting vote or, (iii) in the interests of the company and by grounded presentation, decide
individually on the matters raised for joint approval, including those listed in Article 32,
and in respect of the exceptions stated in §2 following; |
|
|
|
§2 |
|
Decisions relating to annual and multi-annual budgets and to the strategic plan and the
Annual Report of the company shall be taken by majority vote, considered to be all Executive
Officers, provided that the favorable vote of the Chief Executive Officer is included therein. |
|
|
|
§3 |
|
The Chief Executive Officer shall inform the Board of Directors the utilization of the
prerogative concerning item (iii), §1 stated above, in the first Board of Directors meeting
which succeed the corresponding decision. |
Subsection III Responsibilities
Article 32 The Executive Board shall be responsible for:
|
|
|
I |
|
approving the creation and elimination of Executive Departments subordinated to each Executive Director; |
|
|
|
II |
|
preparing and submitting to the Board of Directors the companys general policies on human resources,
and executing the approved policies; |
|
|
|
III |
|
complying with and ensuring compliance with the general guidelines and business policies of the Company
laid down by the Board of Directors; |
|
|
|
IV |
|
preparing and submitting, annually, to the Board of Directors, the companys strategic guidelines and
the strategic plan, and executing the approved strategic plan; |
|
|
|
V |
|
preparing and submitting the Companys annual and multi-annual budgets to the Board of Directors, and
executing the approved budgets; |
|
|
|
VI |
|
planning and steering the companys operations and reporting the companys economic and financial
performance to the Board of Directors, and producing reports with specific performance indicators; |
|
|
|
VII |
|
identifying, evaluating and submitting investment and/or divestiture opportunities to the Board of
Directors which exceed the limits of the Executive Board as defined by the Board of Directors, and
executing the approved investments and/or divestitures; |
|
|
|
VIII |
|
identifying, evaluating and submitting to the Board of Directors operations relating to merger, split-off, incorporation in which the company
is a party, as well as share purchases, and conducting the approved mergers, split-offs, incorporations and purchases; |
|
|
|
IX |
|
preparing and submitting the companys finance policies to the Board of Directors, and executing the approved policies; |
|
|
|
X |
|
submitting to the Board of Directors the issuance of simple debentures, not convertible into shares and without collateral; |
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
|
|
|
XI |
|
defining and submitting to the Board of Directors, after the drawing up of the balance sheet, the employment of profit for
the year, the distribution of company dividends and, when necessary, the capital budget; |
|
|
|
XII |
|
preparing in each fiscal year the Annual Report and Financial Statements to be submitted to the Board of Directors and the
General Meeting; |
|
|
|
XIII |
|
adhere to and encourage adhesion to the companys code of ethics, established by the Board of Directors; |
|
|
|
XIV |
|
preparing and submitting to the Board of Directors the companys policies on corporate responsibility, such as the
environment, health, safety and social responsibility, and implementing the approved policies; |
|
|
|
XV |
|
authorizing the purchase of, sale of and placing of liens on fixed and non fixed assets including securities, the
contracting of services, the company being the provider or receiver of such, being empowered to establish standards and
delegate powers, all in accordance with the criteria and standards established by the Board of Directors; |
|
|
|
XVI |
|
authorizing the signing of agreements, contracts and settlements that constitute liabilities, obligations or commitments
on the company, being empowered to establish standards and delegate powers, all in accordance with the criteria and
standards established by the Board of Directors; |
|
|
|
XVII |
|
propose to the Board of Directors any reformulation, alteration, or amendment of shareholders agreements or of agreements
among the shareholders of companies in which the company participates, as well as suggesting the signing of new agreements
and consortia contracts that address subjects of this nature; |
|
|
|
XVIII |
|
authorizing the opening and closing of branch offices, subsidiary branch
offices, depots, agencies, warehouses, representative officer or any other type
of establishment in Brazil or abroad; |
|
|
|
XIX |
|
authorizing the undertaking of commitments, waiver of
rights and transactions of any nature, liens on
securities being excepted, under the terms of section
XII of Article 14, being empowered to establish
standards and delegate powers in accordance with the
criteria and standards established by the Board of
Directors; |
|
|
|
XX |
|
establishing and informing the Board of Directors on
the individual limits of the Executive Officers, in
respect of the limits of the Executive Board jointly,
as established by the Board of Directors; |
|
|
|
XXI |
|
establishing, based on the limits fixed for the Board
of Directors, the limits throughout the whole of the
companys administrative organization hierarchy. |
|
|
|
§1 |
|
The Executive Board shall be empowered to lay down voting guidelines to be followed at the
General Meetings by its proxies in the companies, foundations and other organizations in which
the company participates, directly or indirectly, the investment plans and programs of the
company, as well as the respective budgets being complied with, the limit of responsibility
being observed as regards, among others, indebtedness, the sale of assets, the waiver of
rights and the reduction of corporate equity investments. |
|
|
|
§2 |
|
The Executive Board shall take steps to appoint persons who shall form part of the
Administrative, Consultant and Audit bodies of those companies and organizations in which the
company participates directly or indirectly. |
Article 33 The responsibilities of the Chief Executive Officer are to:
|
|
|
I |
|
take the chair at meetings of the Executive Board; |
|
|
|
II |
|
exercise executive direction of the Company, with powers to coordinate and supervise the activities of the other Executive
Officers, exerting his best efforts to ensure faithful compliance with the decisions and guidelines laid down by the Board
of Directors and the General Meeting; |
|
|
|
III |
|
coordinate and supervise the activities of the business areas and units that are directly subordinated to him; |
|
|
|
IV |
|
select and submit to the Board of Directors the names of candidates for Executive Officer posts to be elected by the Board
of Directors, and also to propose the respective removal; |
|
|
|
V |
|
coordinate the decision making process of the Executive Board, as provided for in Article 31 of Subsection II Workings; |
|
|
|
VI |
|
grant vacation and leave to the members of the Executive Board, and designate other Executive Officers as their alternates; |
|
|
|
VII |
|
keep the Board of Directors informed about the activities of the company; |
|
|
|
VIII |
|
together with the other Executive Officers, prepare the annual report and draw up the
balance sheet; |
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
Article 34 The Executive Officers are to:
|
|
|
I |
|
organize the services for which they are responsible; |
|
|
|
II |
|
participate in meetings of the Executive Board, contributing to the definition of the policies to be followed
by the company and reporting on matters of the respective areas of supervision and coordination; |
|
|
|
III |
|
comply with and ensure compliance with the policy and general guidance of the companys business laid down by
the Board of Directors, each Executive Officer being responsible for his business units and specific area of
activities; |
|
|
|
IV - |
|
contract the services described in §2º of Article 39, in compliance with determinations of the Fiscal Council. |
Article 35 The company shall be represented as plaintiff or defendant in courts of law or
otherwise, including as regards the signature of documents constituting responsibility for this, by
2 (two) members of the Executive Board, or by 2 (two) proxies established in accordance with § 1 of
this Article, or by 1 (one) proxy jointly with an Executive Officer.
|
|
|
§1 |
|
Except when otherwise required by law, proxies shall be appointed by a power of attorney
in the form of a private instrument in which the powers granted shall be specified, the term
of validity of powers of attorney ad negotia expiring on December 31 of the year in which it
is granted. |
|
|
|
§2 |
|
The company may, moreover, be represented by a single proxy at the General Meetings of
shareholders of the companies, consortia and other organizations in which it participates or
for acts arising out the exercise of powers specified in a power of attorney ad judicia or:
(a) at agencies at any level of government, customs houses and public service concessionaires
for specific acts for which a second proxy is not necessary or not permitted; (b) for signing
of contract instruments in solemnity or at which the presence of a second proxy is not
possible; (c) for signing of documents of any kind which imply in an obligation for the
company whose monetary limits shall be established by the Executive Board. |
|
|
|
§3 |
|
In the case of commitments assumed abroad, the company may be represented by a single
member of the Executive Board, or by an attorney in-fact with specific and limited powers
according to the present By-Laws. |
|
|
|
§4 |
|
Summons and judicial or extrajudicial notifications shall be made in the name of the
Executive Officer responsible for Investor Relations, or by proxy as established in § 1 of
this Article. |
CHAPTER V FISCAL COUNCIL
Article 36 The Fiscal Council, a permanently functioning body, shall be formed of 3 (three) to 5
(five) effective members and an equal number of alternates, elected by the General Meeting, which
shall fix their remuneration.
Article 37 The members of the Fiscal Council shall carry out their duties until the first
Ordinary General Meeting to be held following their election, their re-election being permitted.
Article 38 In their absence or impediment, or in cases of vacancy of office, the members of the
Fiscal Council shall be replaced by their respective alternates.
Article 39 The Fiscal Council shall be responsible to exercise the functions attributed to it by
the applicable prevailing legislation, in these By-Laws, and as regulated by its own Internal Rules
to be approved by its members;
§1º- The Internal Rules of the Fiscal Council shall regulate, in addition to the attributions
already established in Law 6.404/76, imperatively, the following:
|
(i) |
|
to establish the procedures to be adopted by the Company to receive, process and treat
denunciations and complaints related to accounting, internal accounting controls and
auditing matters, and ensure that the procedures for receiving complaints will guarantee
secrecy and anonymity to the complainants; |
|
|
(ii) |
|
to recommend and assist the Board of Directors in the selection, remuneration and
dismissal of the external auditors of the Company; |
|
|
(iii) |
|
to deliberate concerning the contracting of new services that may be rendered by the
external auditors of the Company; |
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
|
|
|
|
|
1 CVM CODE
|
|
2 NAME OF THE COMPANY
|
|
3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
|
|
COMPANHIA VALE DO RIO DOCE
|
|
33.592.510/0001-54 |
|
(iv) |
|
to supervise and evaluate the work of the external auditors, and to direct the
management of the Company concerning any need to withhold the remuneration of the external
auditor, as well as to mediate any disputes between management and the external auditors
regarding the financial statements of the Company; |
§ 2º For adequate performance of its duties, the Fiscal Council may determine the contracting of
services from lawyers, consultants and analysts, and other resources that may be necessary for the
performance of its duties, while observing the budget, proposed by the Fiscal Council and approved
by the Board of Directors, without prejudice to the provisions established in §8º of Article 163 of
Law 6.404/76;
§3º The members of the Fiscal Council shall provide, within at least 30 (thirty) days before the
Annual Shareholders Meeting is held, their analysis of the management report and the financial
statements.
CHAPTER VI COMPANY PERSONNEL
Article 40 The company shall maintain a social security plan for its employees administered by a
foundation established for this purpose, the provisions of prevailing legislation being complied
with.
CHAPTER VII FINANCIAL YEAR AND DISTRIBUTION OF PROFITS
Article 41 The fiscal year of the company shall coincide with the calendar year, thus finishing
on December 31, when the balance sheets shall be prepared.
Article 42 After the constitution of the legal reserve, the employment of the remaining portion
of the net profit verified at the end of each financial year (which shall coincide with the
calendar year) shall, on the motion of the Administration, be submitted to the decision of the
General Meeting.
Sole Paragraph The amount of the interest, paid or credited in the form of interest on
stockholders equity in accordance with the prescriptions of Article 9, § 7 of Law # 9,249 dated
December 26, 1995 and of relevant legislation and regulations, may be ascribed to the compulsory
dividend and to the minimum annual dividend on the preferred shares, such amount for all legal
purposes forming the sum of the dividends distributed by the company.
Article 43 The proposal for distribution of profit shall include the following reserves:
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Depletion Reserve, to be constituted in accordance with prevailing fiscal legislation; |
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Investments Reserve, in order to ensure the maintenance and development of the main
activities which comprise the companys purpose, in an amount not greater than 50% (fifty
percent) of distributable net profit up to a maximum of the companys share capital. |
Article 44 At least 25% (twenty-five percent) of the net annual profit, adjusted as per the law,
shall be devoted to the payment of dividends.
Article 45 At the proposal of the Executive Board, the Board of Directors may determine the
preparation of the balance sheets in periods of less than a year and declare dividends or interest
on stockholders equity on account of the profit verified in these balances as well as to declare
for the account of accrued profits or profit reserves existing in the latest annual or semi-annual
balance sheet.
Article 46 The dividends and interest on stockholders equity mentioned in the Sole Paragraph of
Article 42 shall be paid at the times and at the places specified by the Executive Board, those not
claimed within 3 (three) years after the date of payment reverting in favour of the company.
I hereby declare that the above text is a true copy of the original, recorded in the appropriate
book.
Rio de Janeiro, April 27, 2007.
Kátia Christina Vasconcelos R. de Melo
Assistant General Counsel
Coporate Governance
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2006
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
19.01 COMPETITORS
AFFILIATED: CVRD INTERNATIONAL SA
CVRDI is a trading company which commercializes products manufactured by companies of the CVRD
group to customers in Latin America, North America, Africa, Asia, Middle East and Europe. No
competition is established by those companies.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2005
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
19.03 RAW MATERIAL AND SUPLLIERS
AFFILIATED: CVRD INTERNATIONAL SA
CVRD International operates as trading company and does not beneficiate goods. On December, 2006
the amount of suppliers was US$ 3.170 billions, and of this value only US$ 1.208 billion related to
third parties. In 2005 we enclosed US$ 810 millions with suppliers. This increase between 2005 and
2006 due to iron ore and pellets price renegociation agreements, higher demand and consolidation of
new companies.
Below the Group suppliers that had amounts on December 2006:
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Albrás; |
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Alunorte; |
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CVRD; |
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Mineração Rio do Norte MRN; |
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Rio Doce Manganês RDM; |
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Urucum; and |
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MBR Overseas. |
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2005
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
19.04 MAIN CUSTOMER PER PRODUCTS AND/OR SERVICES
AFFILIATED: CVRD INTERNATIONAL SA
In 2005 and 2006 the revenue of goods of CVRDI increased by approximately 39,3% (from US$ 8,9
billion in 2005 to US$ 12,4 billion in 2006). This increase is due to the excellent results
obtained with iron ore and pellets, aluminum e Alumina and nickel which correspond US$ 2,171, US$
74 e US$ 723 million of gloss margin by product.
Below we discribe the main clients by each traded product of the company.
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Iron ore: Bao Steell, Corus, Gulf Industrial, Maanshan Iron & Steel, Nippon Steel,
Philipine Sinter Corp, Rogesa, Sollac, Sumitomo Metal, Tagshan Iron, Anyang Iron, Arcelor
Atlantique ET Lorraine Beitai; |
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Pellets: Bao Steell, Siderar, Wheeling; Mittal Steel Point Lisas, Lucchini, Acidar, China Steel, Shazhou |
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Copper: LS Nikko Copper, Sterlite Industries, Cumerio MED JS, Hidalco Industries Ltd; |
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Manganese: Best Power, Nikopol, SK Resources e Tougchuan, Siderar; |
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Alumina: Alcan, Glencore, Hydro Aluminium, Aluminium Austria Metall Inc, Trafigura AG, Alcoa; |
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Aluminum: Hydro Aluminium, Glencore AG e JB commodittes AG; |
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Bauxite: Glencore e Ormet Primaty Aluminium Corporation; |
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Coal : Cia Siderurgica de Tubarão. |
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Nickel: TAIWAN NICKEL REFINING CORP, Falconbridge Limited, KOREA NICKEL CORPORATION,
NINGBO JIANGDONG CHEMICALS e PTI External Sales. |
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2005
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
19.05 OPERATIONS WITH RELATED COMPANIES
AFFILIATED: CVRD INTERNATIONAL SA
PRODUCTS/CUSTOMERS
Pellets/Iron Ore
Companhia Vale do Rio Doce CVRD; Urucum Mineração S.A. e MBR Overseas.
Manganese/Ferroalloys
Rio Doce Manganês e Urucum Mineração S.A.
Alumina/Aluminium
Alunorte Alumina do Norte do Brasil S.A. e Albras Alumínio Brasileiro S.A.
Bauxite
MRN Mineração Rio do Norte S.A.
Cobre
Companhia Vale do Rio Doce
Coal
Longyou.
PRODUCTS/SELLERS
Pellets/ Iron Ore
Rio Doce Limited
Manganese/Ferroalloys
Rio Doce Manganèse Europe e Rio Doce Manganèse Norway
Coal
Companhia Vale do Rio Doce; Itabrasco; Nibrasco, Hipsnaobrás e Kobrasco.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2005
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
19.09 CHARACTERISTICS OF THE BRANCH ACTIVITY
AFFILIATED: CVRD INTERNATIONAL SA
CVRD International trades iron ore, pellets, manganese and ferroalloys aluminum and alumina,
bauxite, copper, precious metals, nickel and coal to Europe, Asia, Latin America, North America,
Middle East and Africa.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2005
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
19.10 PERFORMANCE REPORT
AFFILIATED: CVRD IENTERNATIONAL SA
2006 result was one of the best registered by CVRD International (US$ 2,557 billion in 2006
against US$ 1,839 billion in 2005). In October, 2006 we acquired Inco Limited (Inco), a
Canadian-based nickel company, and the worlds largest nickel possessing capacity and reserve
base, for US$ 13 billion, corresponding to 174.623.019 common shares for Cdn$ 86.00 each share,
representing 75.66% of its outstanding shares. By November 3, 2006 we had already acquired a total
of 196.078.276 shares by aproximatelly US$15 billion, representing 86.57% of Incos capital. Due
to the issuing of new shares related to the convertible debt, on December 31, we had 87.73% of the
outstanding shares.
The growth is mainly due to margims obtained with goods and gain on sale in investiments, analysed
below:
Goods
The Gross margin by productis shown as follow:
Iron ore
and pellets US$ 2,171 billion in 2006 and US$ 2,487 billion in 2005, such variation
due by the readjustmentof prices;
Aluminum e alumina US$ 74 million
in 2006 e US$ 53 in 2005;
Manganese and ferroalloys US$ 22 million in 2006 e US$ 4 million in 2005;
Nickel US$ 723 million in 2006 and no margin in 2005, since this investiment came on 2006 and
The remaning products shown margin of US$ 38 million in 2006 and US$ 106 million in 2005.
Investments
The positive variation obtained with the result of non-operation income on December 2006 compared
to 2005 due by the gain on sales of interest in GIIC and Siderar.
GIIC During the second quarter of 2006, we sold our total interest in Gulf Industrial
Investment Company (GIIC) for US$ 418 million, resulting
in a net gain of US$ 338 million and
Siderar On December 2006, we sold our total interest in Siderar S.I.A.C, corresponding to
4.85%, a steel plant located in Argentina to Ternium S.A. for US$ 108 million and a gain of US$ 96
million.
FEDERAL PUBLIC SERVICE
SECURITIES COMMISSION (Comissão de Valores Mobiliários CVM)
ANNUAL INFORMATION IAN
YEAR ENDED 12/31/2005
01.01 IDENTIFICATION
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1 CVM CODE
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2 NAME OF THE COMPANY
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3 CNPJ (CORPORATE TAXPAYER NUMBER) |
00417-0
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COMPANHIA VALE DO RIO DOCE
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33.592.510/0001-54 |
20.00 INFORMATION ABOUT CORPORATE GOVERNANCE
CVRDs corporate governance policy is based on the principles of clarity of
information, transparency and stability, necessary for positioning the company on a
clear and sharp trajectory of growth and value creation.
Various initiatives were taken to improve our governance practices, including the
adoption of a Code of Ethics, revised in 2006, and signed by all the employees
and a policy of continuous disclosure of material information and preservation of
secrecy where necessary.
Among the actions taken for transparency is the systematic series of presentations
and conference calls to publicize the companys results. The accounting records are
kept both in accordance with the Brazilian accounting practices (BR GAAP) and US
practices (US GAAP), so as to provide the information with the widest scope and
transparency possible.
*Non-Brazilian investors = NYSE (ADRs) + Bovespa
*Brazilian investors = Institutional investors + retail investors + FGTS mutual funds
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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COMPANHIA VALE DO RIO DOCE
(Registrant)
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Date: May 31, 2007 |
By: |
/s/ Fabio de Oliveira Barbosa
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Fabio de Oliveira Barbosa |
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Chief Financial Officer |
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