(Amounts in thousands of Brazilian reais – R$, unless otherwise stated)

The actual income tax and social contribution rate for the years ended December 31, 2009 and 2008, is as follows:

	2009	2008
Income before income tax and social contribution	2,331,098	2,052,404
Income tax and social contribution at the rate of 34%	(792,573)	(697,817)
Permanent differences, net (*)	(4,731)	(12,515)
Income tax and social contribution	(797,304)	(710,332)
Current	(853,151)	(774,180)
Deferred	55,847	63,848

(*) Represented substantially by reserves for contingencies permanently nondeductible from the calculation of taxable income tax and social contribution basis.