EXHIBIT 9-1-II OF CVM INSTRUCTION NO.

481/09
ALLOCATION OF NET INCOME
Amounts are expressed in thousands of R$, except as otherwise indicated.

1. Net income for the fiscal year

R$ 64,268

2. Global amount and amount per share of dividends, including

declared interim dividends and interest on shareholders equity
Global Gross Amount: R$25,081 R$0.1959 per share
Interest on shareholders equity: R$25,081 R$0.1959 per share1
Global Amount Net of tax withholding in respect of Interest on Shareholders
Equity: R$ 21,810 R$0.1703 per share

3. Percent of the net income for the fiscal year distributed

39.03% gross or 33.93% net of tax withholding in respect of Interest on
Shareholders Equity

4. Global amount and amount per share of dividends distributed based

on income from prior years
Not applicable

5. State, net of declared

shareholders equity:

interim

dividends

and

interest

on

Not applicable

a. The gross amount of dividends and interest on shareholders

equity, on a segregated basis, per share for each kind and class
b. The form and period for payment of the dividends and interest on
shareholders equity
c. Any incidence of inflation indexing and interest on the dividends
and interest on shareholders equity
1

Already declared in the Board Meeting held on June 23, 2014.

d. The date of the declaration of payment of the dividends and

interest on shareholders equity, used to identify the
shareholders that will have the right to receive them
6. If dividends or interest on shareholders equity have been declared
based on profits stated for periods of six months or less,
a. Report the amount of the dividends or interest on shareholders
equity that have been declared
Interest on shareholders equity: R$25,081 - R$0.1959 per share

b. Provide the date(s) of the respective payment(s)

The amount owed as interest on shareholders equity will be paid by June
30, 2015.

7. Furnish a comparative table indicating the following amounts per

share for each kind and class:
a. Net income for the year and for the 3 (three) prior years
Year
2014
2013
2012
2011

Net income
R$64,268
R$172,592
R$151,516
R$92,177

Net Earnings per Share

R$0.50
R$1.36
R$1.20
R$0.73

b. Dividend and interest on shareholders equity distributed over

the last 3 (three) years
Year

Dividends

IoSE

Dividends
per Share
-

2014

IoSE per
share
R$25,081 R$0.19

2013

R$3,484

R$0.02

R$43,014 R$0.33

2012

R$41,780 R$0.33

8. If income has been allocated to a legal reserve,

a. State the amount allocated to the legal reserve
R$3,213

b. Describe in detail how the legal reserve is calculated

In accordance with article 193 of Law no. 6.404/76 and item a of article
30 of the Companys Bylaws, 5% (five percent) of the net income for the
fiscal year was allocated, prior to any other allocation, to constitute the

legal reserve, which cannot exceed 20% (twenty percent) of the capital
stock.

9. If the company has preferred shares with rights to fixed or minimum

dividends,
Not applicable

a. Describe how the fixed or minimum dividends are calculated

b. State whether the income for the year is sufficient to pay the
fixed or minimum dividends in full
c. State whether any unpaid portion has accrued
d. State the global amount of the fixed or minimum dividends to be
paid to each class of preferred shares
e. State the fixed or minimum dividends to be paid on a per
preferred share basis for each class
10. In relation to the mandatory dividend
a. Describe how the bylaws provide it should be calculated
Shares representing the capital stock shall receive, as a mandatory
dividend each fiscal year, 25% (twenty-five percent) of the net income
calculated under the terms of the law, and the balance shall be left to the
discretion of the Shareholders Meeting, which, subject to the legal
parameters, shall deliberate on its allocation.

b. State whether it is being paid in full

The mandatory dividend will be paid in full.

c. State any amount retained

Not applicable

11. If the mandatory dividend is retained due to the companys financial

condition,
Not applicable

a. State the amount retained

b. Describe, in detail, the companys financial condition, including
aspects relating to an analysis of liquidity, working capital and
positive cash flows
c. Justify the retention of the dividends

12. If there is an allocation to a provision for contingencies,

Not applicable

a. State the amount allocated to the provision

b. State the loss that is considered to be probable and its cause
c. Explain why the loss was deemed to be probable
d. Justify the constitution of the provision
13. If there is an allocation to a provision for unrealized profits,
Not applicable.

a. State the amount allocated to the provision for unrealized profits

b. State the nature of the unrealized profits that gave rise to the
provision
14. If there is an allocation to reserves created under the bylaws,
a. Describe the clauses under the bylaws that establish the reserve
Clause 30, item "f"

b. State the amount allocated to the reserve

R$ 2,406

c. Describe how the amount was calculated

The remaining balance of the net income, after the allocation to the legal
reserve, retained earnings for investment as provided in the capital
budget and dividend distribution, represented in the form of interest on
shareholders' equity.

15. If the capital budget provides for retained earnings

a. State the amount retained
R$33,568

b. Furnish a copy of the capital budget

2015 CAPITAL BUDGET

1 Sources of funds

R$33,567,832.00

Retained Earnings

2 Uses of funds

R$33,567,832.00
R$33,567,832.00

Investments in acquisition of equipment for rental

R$10,100,000.00

Investments in facilities, information technology and logistics

R$23,467,832.00

3 Term

1 year

16. If there is an allocation to a tax incentive provision

Not applicable.

a. State the amount allocated to the provision

b. Explain the nature of the allocation