Debt ratio in percentage of equity in 2006 : 60
Debt ratio in percentage of equity in 2007 : 63
Debt ratio in percentage of equity in 2008 : 61
Debt ratio in percentage of equity in 2009 : 61
Debt ratio in percentage of equity in 2010 : 76

2009 accounts are adjusted as per IFRS 5, Thailand has been retroactively deconsolidated, and restated as per Brazil