Análise financeira de concessões de rodovias federais no Brasil com enfoque no desempenho operacional

Abstract

This article aims at collecting the financial indicators, comparing the obtained results and analyzing the current financial situation of the federal roads concessions in the country. A highway concession is a type of natural monopoly inspected by a regulatory agency, whether federal or state level. A concession is usually granted to a company specifically created to execute the agreement. The data collection was based on the balance sheet income statements, what made it possible to identify the quality of planning and of financial and business management of each concession. Based on the results, it was possible to identify the best and the worst operating and management condition among the analyzed companies, in such a way to subsidize and guide investment interests in the respective infrastructure sector in the country.