73% Revenue 14% 13% Construction Concessions Airports 8% 42% 50% Consolidated 2011 2012 2013 2014 2Q15LTM Backlog 2011 2012 2013 2014 2Q15 LTM Civil Mining Industrial * Other JVs Months 34,259 35,319 25,029 7,115 3,175 38,122 15% 5,090 10% 3,742 50,404 11 11 27,187 8,166 8,296 6,756 29,556 16% 4,735 41,977 20 63,295 30,658 36,957 35,658 35,798 17% 6,138 5,108 17% 5,950 Concessions 2011 2012 2013 2014 2Q15LTM 2,254 2,402 65% 1,466 31% 743 3,965 55% 2,167 4,816 4,719 50% 2,402 53% 2,486 55,168 18 19 33,824 5,794 18,986 5,700 13,535 4,983 636 2,245 2,016 Construction 2011 2012 2013 2014 2Q15LTM Debt and Leverage. 2011. 2012 2013 2014 2Q15 LTM Corporate + Other Airports Concessions Construction ND/Adj. EBITDA 27,169 8% 2,289 46,081 46,791 10,082 14,598 1,930 2,980 15,210 18,858 7.3 30,458 6% 1,847 18,795 38,572 12,865 3,103 23,706 4,818 14,196 18,793 53,779 54,947 21,452 4,900 20,636 10,419 8,407 6,462 7,960 10.9 21,744 7% 1,596 7.0 25,868 25,458 8% 2,085 6% 1,550 Airports 2011 2012 2013 2014 2Q15LTM 2,776 39% 1,077 3,098 44% 1,368 3,420 41% 1,395 3,770 47% 1,790 4,138 48% 1,969 7.6 8.0
Construction 2011 2012 2013 2014 2Q15LTM Debt 2011 2012 2013 2014 2Q15LTM 27,169 8% 2,289 30,458 6% 1,847 21,744 7% 1,596 25,868 25,458 8% 2,085 6% 1,550 Debt Net Debt / Adjusted EBITDA 18,858 7.7 10,419 8,407 4.5 4.6 6,462 2.3 7,960 4.2 27,169 30,458 21,744 25,868 25,458 2,289 1,847 1,596 2,085 1,550 margin 8% 6% 7% 8% 6% Debt 18,858 10,419 8,407 6,462 7,960 Cash 1,255 2,081 1,136 1,679 1,469 Net Debt 17,603 8,337 7,271 4,783 6,491 Backlog 2011 2012 2013 2014 2Q15 LTM 63,295 55,168 50,404 Civil Mining 35,319 41,977 20 18 19 Industrial * 11 11 Other JVs 30,658 36,957 Months 27,187 5,108 33,824 8,166 5,794 25,029 8,296 18,986 7,115 5,700 13,535 3,175 6,756 4,983 636 2,245 2,016 * Corresponds to ICA s participation in ICA Fluor and other non-consolidated affiliates and JV s Government 27,397 81% PEMEX 19,219 71% Private 6,427 19% Private 7,850 29% Lump-sum 17,927 53% Unit Prices 13,530 40% Mixed 2,368 7% México 28,750 85% Abroad 5,074 15%
Concessions 2011 2012 2013 2014 2Q15LTM Debt 2011 2012 2013 2014 2Q15LTM 4,816 4,719 2,254 2,402 65% 1,466 31% 743 3,965 55% 2,167 50% 2,402 53% 2,486 Debt Net Debt / Adjusted EBITDA 15,210 5.8 18,795 22.2 14,196 5.5 18,793 20,636 6.9 7.1 2,254 2,402 3,965 4,816 4,719 1,466 743 2,167 2,402 2,486 margin 65% 31% 55% 50% 53% Debt 15,210 18,795 14,196 18,793 20,636 Cash 6,662 2,301 2,168 2,264 3,075 Net Debt 8,549 16,494 12,028 16,529 17,561 Invested (as of 2Q15) Total (estimated) To be invested (estimated) 2Q15 LTM Concessions (24.4 years remaining) Asset Revenue Equity Other Total Equity Other Total Equity Other Total % ICA Equity EBITDA(1) TUCA Highways Toll 658 957 1,615 632 957 1,589 - - - 51-111 MAYAB Highways Toll 713 5,127 5,840 581 5,349 5,930 - - - 51-510 LIPSA Highways Toll 1,291 1,341 2,632 1,314 1,433 2,747 - - - 51-89 ICASAL Highways Toll + PPP 1,838 4,098 5,936 1,858 4,169 6,027 - - - 51-389 ANESA Highways Toll 3,251 2,946 6,197 3,251 2,946 6,197 - - - 100-283 AUNETI Highways Toll + PPP 778 5,056 5,834 758 5,108 5,866 - - - 50 - MITLA Highways Toll + PPP 1,285 1,893 3,178 1,418 7,900 9,318 133 6,007 6,140 60 80 DIPESA Highways Toll 1,733 772 2,505 2,616 2,736 5,352 883 1,964 2,847 100 883 TUCA2 Highways Toll 186 403 589 2,150 650 2,800 1,964 247 2,211 100 1,964 AQSA Highways Toll 3,015 2,081 5,096 4,180 5,450 9,630 1,165 3,369 4,534 100 1,165 SAQSA Water PPP 688 1,063 1,751 658 1,114 1,772 - - - 43 - ACQUOS Water PPP 439 1,018 1,457 549 1,120 1,669 - - - 51 - RENOVA Water PPP 432 1,176 1,608 426 1,062 1,488 - - - 50 - MTY VI Water PPP 21-21 2,202 8,808 11,010 2,181 8,808 10,989 38 823 PAPAGOS Social Infra PPP 1,881 3,958 5,839 1,532 4,857 6,389 - - - 100 - SARRE Social Infra PPP 1,734 4,039 5,773 1,624 4,901 6,525 - - - 100 - Reynosa Energy PPP 30-30 604 1,410 2,014 574 1,410 1,984 20 115 Operating service Adj. EBITDA 22 Total: 19,973 35,928 55,902 26,354 59,969 86,322 6,900 21,804 28,704 5,030 1,404 NOTES: (1) Conforms consolidated Operating (cash EBITDA)
Airports 2011 2012 2013 2014 2Q15LTM Debt 2011 2012 2013 2014 2Q15LTM 2,776 39% 1,077 3,098 44% 1,368 3,420 41% 1,395 3,770 47% 1,790 4,138 48% 1,969 Debt Net Debt / Adjusted EBITDA 4,818 4,900 2,980 3,103 1,930 1.3 1.3 1.1 1.1 1.4 2,776 3,098 3,420 3,770 4,138 1,077 1,368 1,395 1,790 1,969 margin 39% 44% 41% 47% 48% Debt 1,930 2,980 3,103 4,818 4,900 Cash 534 1,248 1,550 2,810 2,091 Net Debt 1,396 1,732 1,553 2,008 2,809 Distributions 2010 2011 2012 2013 2014 Metropolitan Border Cities Tourist Regional ICA Public 1,200 1,200 549 446 500 400 400 218 218 272 182 182 228 651 754 Dividends 400 400 500 - - Reimbursements - - - 1,200 1,200 Total 400 400 500 1,200 1,200
Total 1Y 2Y 3Y 4Y 5Y 6Y 7Y 8Y 9Y 10Y & + Construction 7,960 4,516 1,325 1,522 589 7 - - - - - Concessions 20,636 1,797 316 1,577 497 590 702 849 973 2,568 10,766 Airports 4,900 47 46 227 37 30 28 2,983 1,500 - - Corporate + Other 21,452 418 65 2,697 37 39 7,622 62 77 45 10,388 Debt 54,947 6,780 1,752 6,024 1,161 665 8,352 3,895 2,551 2,613 21,155 Amounts in Ps. million
International Mexico Amounts in Ps. million Highways Water Social Energy Ports Trains 117,401 34,293 134,868 153,797 16,000 131,261 Cancún - Tulúm SW Mexico City bypass in Morelos Coastal corridor, Michoacán (Caleta de Campos - La Pacita) Pipelines: Tamazunchale San Luis de la Paz San José Iturbide, San Luis Potosí General Drainage Canal Valley of Mexico Aqueduct & WTP Paso Ancho, Oaxaca NAICM: 3 Runways NAICM: Shopping Center CETRAM Transport Hub Chapultepec Laguna Verde Units 3 & 4 or Tuxpan, Veracruz 540 MW Hydro Project Paso de la Reina, Oaxaca 420 MW Hydro Project Tenosique I,Tabasco Salina Cruz Marine Terminal breakwater on the Isla de la Palma, Michoacán Monterrey Suburban Train, Santa Catarina Apodaca line Mexico City Suburban Train 3, Chalco - La Paz - Constitución 1917 Total: 587,620 365,593 30,882 71,770 186,183 75,079 128,219 Autopista al Mar 2 (Colombia) Neiva Girardot (Colombia) Don Matías Caucasia (Colombia) Northern International Highway (Peru) Potable water network (Panama) Government Civic Center (Honduras) ADP Airports ( Chiclayo, Piura, Talara) (Perú) Curico Hospital (Chile) Hydro Project Hidroaysen (Chile) Bicentenario Phases II & III (Colombia Porvenir II (Colombia) Energía de Centrales Hidroelectricas (Peru) AMEGA Port Terminal (Costa Rica) Port Corozal (Panama) Deep water port (Uruguay) Bogota Metro (Colombia) Metro Line 3 (Panama) Total: 857,726
Refining Exploration & Production Power Modularization 61,522 Tula Reconfiguration Salamanca Residue Conversion Project ULSD Madero-Phase II 29,450 CA-K-U-A1 Compression Platform Homol-A Process Center PB-KU-H2 Production Platform 39,634 Reynosa Wind Farm CC Baja California IV CC Baja California II 6,154 Carmon Creek Pipe Racks PetroCarabobo Upgrader Project Modules Lake Charles Chemical Project Pipelines Mining Liquid Natural Gas Gas Processing 20,383 Texas-Tuxpan Hermosillo Branch Villa de Reyes Aguascalientes-Guadalajara 16,430 77,500 5,425 Peñasquito Concentrate Enrichment Process Peñasquito Oxide Heap Leach LNG Liquefaction Terminal for LNG Export Ethane Recovery cryogenic parts of southeast México Franklin Project Total: 256,498
Annex
Consolidated 2011 2012 2013 2014 2Q15LTM Construction 2011 2012 2013 2014 2Q15LTM 34,259 38,122 15% 5,090 10% 3,742 29,556 16% 4,735 35,658 35,798 17% 6,138 17% 5,950 27,169 8% 2,289 30,458 6% 1,847 21,744 7% 1,596 25,868 25,458 8% 2,085 6% 1,550 34,259 38,122 29,556 35,658 35,798 5,090 3,742 4,735 6,138 5,950 margin 15% 10% 16% 17% 17% Concessions 2011 2012 2013 2014 2Q15LTM 27,169 30,458 21,744 25,868 25,458 2,289 1,847 1,596 2,085 1,550 margin 8% 6% 7% 8% 6% Airports 2011 2012 2013 2014 2Q15LTM 2,254 2,402 65% 1,466 31% 743 3,965 55% 2,167 4,816 4,719 50% 2,402 53% 2,486 2,776 39% 1,077 3,098 44% 1,368 3,420 41% 1,395 3,770 47% 1,790 4,138 48% 1,969 2,254 2,402 3,965 4,816 4,719 1,466 743 2,167 2,402 2,486 margin 65% 31% 55% 50% 53% 2,776 3,098 3,420 3,770 4,138 1,077 1,368 1,395 1,790 1,969 margin 39% 44% 41% 47% 48%