SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of November, 2024
Commission File Number 1-14668
COMPANHIA PARANAENSE DE ENERGIA
(Exact name of registrant as specified in its
charter)
Energy Company of Paraná
(Translation of Registrant's name into English)
José Izidoro Biazetto, 158
81200-240 Curitiba, Paraná
Federative Republic of Brazil
+55 (41) 3331-4011
(Address of principal executive offices)
Indicate by check
mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form
20-F ___X___ Form 40-F _______
Indicate
by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____
List of contents
1. Consolidated Results |
2 |
1.2 Operating Revenue |
3 |
1.3 Operating Costs and Expenses |
4 |
1.4 Equity in Earnings of Subsidiaries |
5 |
1.5 Financial Results |
5 |
1.6 Consolidated Net Income |
6 |
1.7 Debt |
6 |
2. Investments |
8 |
3. Copel Geração e Transmissão (Consolidated Profit) |
9 |
3.1 Financial Performance |
9 |
3.1.1 IFRS Effect on the Transmission Segment |
10 |
3.2 Operational Performance |
10 |
3.2.1 Generation |
11 |
3.2.2 Energy sold |
11 |
3.2.3 Transmission |
12 |
RBSE |
12 |
4. Copel Distribuição |
13 |
4.1 Financial Performance |
13 |
4.1.1 Regulatory Efficiency |
14 |
4.2 Operational Performance |
14 |
4.2.1 Grid Market (TUSD) |
14 |
4.2.2 Captive Market |
14 |
4.2.3 Operational Data |
14 |
5. Copel Comercialização |
16 |
5.1 Financial Performance |
16 |
5.2 Operational Performance |
16 |
6.ESG Performance |
17 |
6.1 Copel, pioneer in ESG in the sector |
17 |
6.2 Recent Highlights |
18 |
6.3 Indicators |
18 |
6.4 Ratings, Ratings, and Indexes |
18 |
7. Other highlights |
19 |
List of Exhibit |
22 |
1. Consolidated Results
The following analyses refer to the third quarter of 2024 and
the accumulated period from January to September 2024, compared to the same period in 2023.
1.1 EBITDA
Copel's adjusted EBITDA[1]
was R$1,239.7 million in 3Q24, reflecting the strength of an integrated company with a diversified portfolio, scenario in which Copel
Geração e Transmissão (Copel GeT) and Copel Comercialização (Copel COM) accounted for approximately
51.8% of this result, while Copel Distribuição (Copel DIS) accounted for 48.2%.
Of particular note in this quarter was (i) the 8.7% increase in
Copel Distribuição's EBITDA compared to 3Q23, reaching R$607 million, as a result of the 4.4% growth in the billed grid
market and the average 2.7% increase in Distribution System Use Tariffs (TUSD); and (ii) the 11.2% reduction (or R$26.0 million) in personnel
and management costs when the inflationary effect between the periods is isolated, mostly explained by the departure of 1,258 employees
from the Company in the Voluntary Dismissal Program (PDV) in August of this year.
When comparing consolidated EBITDA, the result was 10.9% lower than
the R$1. 391.4 million in 3Q23, mainly due to: (i) the lower average energy price of Copel GeT's portfolio (R$176.31 compared to R$204.51
in 3Q23, a reduction of 13.8%), mainly due to the termination of a CCEAR contract in September 2023, whose average price was R$252.99/MWh;
and (ii) the generation deviation of R$66.8 million (+87%), caused essentially by the curtailment of 23.4% in the period.
[1]
Excluding non-recurring items, new replacement value (VNR) by the adjustment
to present value of Copel Distribuição's indemnifiable assets, and IFRS effects on assets of transmission contracts.
Adjusted Consolidated EBITDA
Note. Considers discontinued operations
The non-recurring items considered for the calculation of adjusted
EBITDA are shown in the following table:
Considering the period to September 2024, adjusted EBITDA reached
R$ 3,849.6 million, 4.3% lower than the R$ 4,021.8 million recorded in the same period of 2023, mainly justified by the lower average
price of energy sold and the deviation of generation from wind complexes given the higher curtailment in 2024; partially offset by the
21.7% growth in Copel DIS.
1.2 Operating Revenue
Net operating revenue totaled R$5,735.6 million in 3Q24, up
3.5% on the R$5,544.0 million recorded in 3Q23. This result mainly reflects the increase in:
| (i) | (R$157.6 million (+10.5%) in revenue from the availability of the electricity grid, due mainly to the
6.0% growth in the grid market and the June 2024 tariff readjustment, with an average effect of 2.7% on the tariffs for use of the distribution
system (TUSD); |
| (ii) | R$147.5 million (+54.0%) in the result of sectoral financial assets and liabilities (CVA), mainly as a
result of higher energy costs due to the thermal dispatch in 3Q24; |
| (iii) | R$50.9 million (+42.1%) in other operating revenues due to higher revenues from leases and rents from
pole sharing contracts; and |
| (iv) | R$44.4 million (+7.2%) in construction revenue, due to the increase in the volume of works related to
Copel DIS's investment program (see item 2), which includes investments aimed at improving and modernizing infrastructure and improving
customer service. |
These increases were partially offset by the reduction:
| (i) | R$163.9 million (-16.4%) in electricity supply revenue, basically as a result of the lower average price
for the sale of energy (R$176.31 compared to R$204.51 in 3Q23) at Copel GeT, mainly due to the termination of a CCEAR contract (a contract
in the Regulated Contracting Environment) in September 2023, whose average price was R$252.99/MWh; and |
| (ii) | R$53.6 million (-2.6%) in electricity supply revenue, mainly due to the 4.0% average reduction in Energy
Tariffs (TE) as of Copel Distribuição's June 2024 tariff adjustment, partially offset by the 2.6% increase in the captive
market; |
In the year to September 2024, net operating revenue totaled R$16,631.9
million, an increase of 4.5% compared to the R$15. 911.8 million recorded in the same period of 2023, with the following variations standing
out: (i) an increase of R$785.3 million (+18.1%) in electricity network availability revenue, essentially due to the 8.2% growth in the
grid market and the accumulated TUSD adjustments of 6.3% in 2023 and 2.7% in 2024; (ii) an increase of R$501.6 million (+8.7%) in the
supply of electricity due mainly to the 7.8% growth in Copel DIS' captive market and the 17.4% increase in the Energy Tariff (TE) in 2023,
partially offset by the 4.0% reduction in the TE in the June 2024 adjustment; and (iii) an increase of R$162.9 million (+9.3%) in construction
revenue due to the volume of works in Copel DIS's investment program; partially offset by (iv) a decrease of R$437.2 million (-16.0%)
in electricity supply revenue due to the termination of the CCEAR contract for the Salto Caxias HPP with supply from May to September
2023 at a price of R$252.99/MWh and the increase in curtailment restrictions at Copel Geração e Transmissão; and
(v) a reduction of R$313.5 million (-35.6%) in the result of sector financial assets and liabilities.
1.3 Operating Costs and Expenses
In 3Q24, operating costs and expenses totaled R$4,640.5 million,
down 10.1% compared to the R$5,160.3 million recorded in 3Q23. The variation is mainly due to the reduction of R$811.9 million with PMSO
(manageable costs), excluding provisions and reversals, mainly due to the recording in 3Q23 of R$610.1 million related to the Voluntary
Dismissal Program (PDV) and the recognition, in 3Q24, of the result of the sale of assets unserviceable to Copel GeT's concession, in
the amount of R$264.4 million, in other operating costs and expenses (more details in Other Highlights).
Neutralizing the effects of provisions related to performance
bonuses (PPD), profit sharing (PLR), long-term incentives and PDV, there was a reduction of 7.6% (R$ 16,9 million) in personnel and management
costs in the quarterly comparison, an effect of the reduction of 1,393 employees in the comparison between the periods, partially offset
by the salary adjustment of 4.51% in the Collective Agreement of October 2023. Isolating the effects of the accumulated inflation of 4.09%
measured by the INPC (the National Consumer Price Index), there is a decrease of 11.2% (or R$ 26.0 million) in personnel compared to 3Q23.
The line of other operating costs and expenses, after excluding
the amount related to the sale of assets, shows an increase of 25.6%, basically due to the higher amount in decommissioning of assets
at Copel Distribuição due to the progress of the investment program and replacement of equipment; and the increase in financial
compensation for the use of water resources of R$8.2 million due to the higher generation of energy in the period.
The line of third-party services increased by R$ 8.9 million,
related to maintenance of facilities and communication, processing and data transmission.
Also noteworthy:
| (i) | an increase of R$332.4 million in electricity purchased for resale (+16.7%) due basically to (a) the higher
volume coming from the distributed generation system, in the amount of R$109.9 million; and (b) the volume coming from the New Energy
Auction contracts from January 2024; |
| (ii) | the reduction of R$72.8 million in provisions and reversals, mainly due to (a) the lower provision for
litigation (-R$55.9 million) resulting from the provision made in 3Q23 for Copel GeT's regulatory litigation, the effect of Aneel Order
No. 2,094, of June 28, 2023, which deals with the methodology for calculating the Surplus and Deficit Compensation Mechanism (MCSD), in
the amount of R$66.2 million, partially offset by the higher amount of the provision for Copel DIS indemnity actions, in the amount of
R$23.1 million and (b) the reduction of R$26.5 million in expected credit losses, due mainly to the recovery of overdue invoices; and |
| (iii) | the decrease of R$50.8 million in charges for the use of the electricity grid due to the reduction in
costs with the Basic Grid, partially offset by the increase in the Reserve Energy Charge - EER, as a result of the need for contributions
from agents in the consumption profile to maintain the balance of the Reserve Energy Account - CONER in 2024. |
Evolution of the staff
Breakdown of Costs and Expenses
In 2024, total operating costs and expenses reached R$13,715.7 million,
0.5% higher than the R$13,647.5 million recorded in the same period of 2023. The main variations were: (i) an increase of R$620.3 million
in electricity purchased for resale, mainly due to the 53.9% increase (+R$420.6 million) in financial compensation for energy from distributed
generation systems; (ii) an increase of R$103.9 million in network usage charges due to the readjustment of network usage contracts and
an increase in energy consumption; and (iii) an increase of R$44.3 million in third-party services, as a result of higher amounts for
maintenance of the electricity system and maintenance of facilities.
These events were partially offset, in particular, by (i) the reduction
of R$704.1 million in personnel and administrators, due to the non-recurring effect of the PDV provision and the indemnity for the second
third of additional vacation pay, both from 2023, and the reduction in the workforce; and (ii) the reduction in other operating costs
and expenses resulting mainly from the gain on the sale of Copel GeT's real estate.
1.4 Equity in Earnings of Subsidiaries
The equity result of Copel's jointly-controlled ventures and other
affiliates in 3Q24 was 6.8% lower than in the same period of the previous year (R$63.2 million, compared to R$67.8 million in 3Q23). This
result is mainly due to the effect of the Mata de Santa Genebra tariff review. Details of the results can be seen in Annex I.
1.5 Financial Results
The financial result improved by R$100.4 million (negative
R$222.4 million, compared to negative R$322.8 million recorded in 3Q23), mainly due to: (i) income from financial investments with an
increase of R$37.7 million (+22.4%), due to higher fund-raising, higher interest rates, higher cash from operating activities and the
availability of the amount raised in the Primary Share Offering; (ii) expenditure on monetary variation of debt charges which fell by
R$23.8 million (-5.3%); (iii) interest on taxes to be offset with an increase of R$22.8 million (+131.1%) and (iv) the late payment surcharge
on invoices with an increase of R$19.2 million (+43.9%) due mainly to the recovery of invoices due to the reduction in delinquency at
Copel Distribuição. The improvement in results was partially offset by (v) the increase in financial expenses with monetary
restatement of provisions for litigation (R$39.6 million in 3Q24 compared to R$18.5 million in 3Q23).
In the year to September 2024, the financial result improved by
R$117.1 million, to a negative R$780.2 million compared to a negative R$899.3 million up to September 2023. The result is mainly due to
the (i) increase in income from financial investments, of R$170.0 million; (ii) reduction of R$103.2 million in expenses from monetary
and exchange rate variations and debt charges, partially offset by the (iii) reduction in expenses from monetary variation and adjustment
to present value on accounts payable linked to the concession (UBP), in the amount of R$57.9 million and the (iv) reclassification of
the monetary restatement of litigation provisions to financial expenses of R$71.0 million (R$44.9 million in 2023).
1.6 Consolidated Net Income
Copel recorded net income of R$1,217.1 million compared to R$441.2
million in 3Q23, an increase of 175.9%. In addition to the items already mentioned, this growth is also explained by capital gains (i)
of R$470.3 million resulting from the divestments of Compagas and UEGA assets (more details in item 7. Other highlights of the period);
and (ii) of R$174.5 million from the sale of unserviceable real estate owned by Copel GeT.
Excluding non-recurring effects, adjusted net income fell by 32.5%,
mainly because of the tax benefit generated in 3Q23 due to the higher distribution of Interest on Equity. The main adjustments to net
income in 3Q24 were:
Considering the year to September 2024, net profit was R$2,224.2
million compared to R$1,384.4 million in the same period of 2023, an increase of 60.7%.
1.7 Debt
Copel's total consolidated debt on September 30, 2024 was R$16,227.69
million, a variation of 8.5% in relation to the amount recorded on December 31, 2023, of R$14,962.3 million.
The following table and graphs show the indebtedness of Copel and its
subsidiaries at the end of the third quarter of 2024.
Debt by Subsidiary
1 The Company has approximately R$2.0 billion available for funding
in the Primary Offering of Shares to be used for the payment of the Grant Bonus for the renewal of the concessions of the FDA, Segredo
and Salto Caxias plants.
2 Includes Copel Geração e Transmissão S.A.
(parent company).
3 Includes Copel Serviços, wind farms (Brisa Potiguar, Cutia,
Jandaíra, Vilas, Aventura and SRMN) and transmission companies (West Coast and Marumbi).
Adjusted Net Debt/Adjusted EBITDA
Debt Indexes
Amortization - R$ million
Average Term: 4.2 years
2. Investments
In 3Q24, the amount invested was R$564.2 million, of which 90.3%
was invested by Copel Distribuição and 9.7% by Copel Geração e Transmissão.
In the full year, R$1,823.6 million was invested, of which 90.7%
was invested in Copel Distribuição, with 94.8% going to electrical assets and 5.2% to investments in non-electrical assets
and other investments.
The investments made in the distributor are essentially allocated
to the Transformation Program, with the aim of modernizing, automating and renewing the distribution network and private communication
network with standardized technologies to meet the automation equipment. Among the expected benefits are the reinforcement of rural networks
to reduce disconnections and ensure support for the growth of agribusiness in the state of Paraná, reduction of costs with O&M
and commercial services and improvement in the control of indicators of Equivalent Duration of Interruption per Consumer Unit - DEC and
Equivalent Frequency of Interruption per Consumer Unit - FEC. The program is made up of 3 pillar projects:
| o | Three-Phase Paraná (Paraná Trifásico): covers the construction of approximately
25,000 km of new networks by 2025 and represents the improvement and renovation of rural distribution networks in the company's concession
area, with the implementation of a three-phase network and the creation of redundancy in the main rural branches. By the end of September
2024, 19,019 km of network had been completed. |
| o | Intelligent Electricity Network: aims to implement a private communication network with standardized
technology to serve all the distribution network's automation equipment and advanced metering infrastructure. By the end of September
2024, 924,402 smart meters had already been installed. In phases 1 and 2 of the program, advances were identified for our operation, with
a reduction in man-hours and km traveled, fewer non-technical losses, an improvement in quality and a reduction in compensation for breaches
of quality performance limits. |
| o | Total Reliability: aims to ensure modernity in energy network operations based on the following
premises: maintaining full communication between teams and the availability of equipment on the network, implementing automation in special
equipment, maintaining all municipalities in the concession with a substation or special switch and expanding network circuits and Self
Healing equipment. By the end of September 2024, the project had completed 88.70% of the planned schedule. |
3. Copel Geração e
Transmissão
(Consolidated
Profit)
3.1 Financial Performance |
Copel GeT posted an adjusted EBITDA[2]
of R$649.2 million, 18.2% less than the
R$793.2 million recorded in 3Q23. This result mainly reflects
(i) the lower average energy price in Copel GeT's portfolio (R$ 176.31 compared to R$ 204.51 in 3Q23, a reduction of 13.8%) mainly due
to the termination of the CCEAR (a contract in the Regulated Contracting Environment) Salto Caxias HPP in September 2023, whose average
price was R$ 252.99/MWh; (ii) the generation deviation of R$ 66.8 million (+87%), mainly caused by the curtailment of 23.4% in the period
and (iii) a decrease of R$ 34.1 million in the revenue from the availability of the electric grid, due to the tariff review of the transmission
concession contracts. This result was partially offset by lower costs with electricity purchased for resale, a reduction of R$33.2 million
(-33.4%).
Item 3.1.1 presents the regulatory accounting of the result for
the purpose of verifying the IFRS (International Financial Reporting Standards) effect on transmission assets.
[2]
Excluded non-recurring items and IFRS effects on assets from transfer agreements.
Expenses with PMSO (Personnel (P), Material (M), Third Party Services
(S) and Other Expenses (O)) (manageable costs), excluding provisions and reversals, decreased by R$406.5 million, mainly due to the recording
in 3Q23 of R$190.3 million related to the PDV (Voluntary Dismissal Program) and the recognition, in 3Q24, of the result of the sale of
unserviceable to the concession assets , in the amount of R$264.4 million, recorded in other operating costs and expenses (more details
in Other Highlights). Excluding the effects of the provision for PDV and the sale of unserviceable assets, the PMSO increased by R$8.5
million (+3.6%), essentially influenced by the higher cost of financial compensation for the use of water resources (+R$9.1 million),
due to higher generation in the period.
Neutralizing the effects of the provisions related to PDV, PPD
(performance bonus) and PLR (profit sharing), there was a reduction of 12.4% in personnel and administration costs in the quarterly comparison,
an effect of the reduction of 378 employees between the periods, partially offset by the salary adjustment of 4.51% in the Collective
Agreement of October 2023. Isolating the effects of the accumulated inflation measured by INPC (the National Consumer Price Index), of
4.09% between 3Q23 and 3Q24, there was a 15.8% reduction in Personnel.
In the year-to-date, Copel GeT recorded adjusted EBITDA of R$2,011.3
million, a decrease of 13.2% compared to the same period of the previous year, mainly due to (i) the higher generation deviation in wind
complexes at R$107.4 million; offset by (ii) lower expenditure on electricity purchased for resale in the period at R$59.5 million.
Adjusted net income was R$416.3 million, an increase of 1.8% compared
to 3Q23, due to, in addition to the items already mentioned, (i) better financial results (-R$133.9 million compared to -R$163.1 in 3Q23),
explained by the higher income from financial investments and lower financial expenses with debt charges, offset by (ii) higher expenditure
on Income Tax and Social Contribution, due to the payment of Interest on Equity (JCP) to the Holding Company in 3Q23. The accumulated
net income reached R$ 1,057.6 million, an increase of 17.3% compared to 9M23.
3.1.1 IFRS Effect on the Transmission Segment
For the calculation, an adjustment was made considering the effects
of the application of ICPC 01 / IFRIC
12 on the corporate statements in the transmission segment.
3.2 Operational Performance |
Present in 10 states, Copel Geração e Transmissão
operates a diversified park of hydroelectric and wind power plants, totaling 6,553.9 MW of installed power and 2,922.1 average MW of physical
guarantee. In the Transmission segment, Copel has a total network of 9,685 km of transmission lines and 53 basic network substations,
considering the shares.
For more information on generation and transmission operational
data, see Annex IV.
3.2.1 Generation
Copel's generating complex is composed of 100% renewable sources
in operation.
Power generation by Copel Geração e Transmissão
S.A. and its wind farms in the quarter was higher than in the same period last year, reaching 7,789 GWh compared to 6,949 GWh in 3Q23.
In the year to September 2024, generation amounted to 21,429 GWh compared to 17,611 GWh in the year to September 2023.
3.2.2 Energy sold
In the 3rd quarter of 2024, Copel Geração e Transmissão
recorded 3,621 GWh of electricity sold from hydroelectric sources, a reduction of 7.8%, mainly due to the termination of the CCEAR contract
for the Salto Caxias HPP, with supply from May to September 2023. The energy sold does not consider the generation allocated to the Energy
Reallocation Mechanism (MRE), which grew in the quarter (3,545 GWh compared to 2,250 GWh in 3Q23).
For wind farms, the total electricity sold was 1,113 GWh, a reduction
of 4.5%, mainly due to the reduction in sales under bilateral contracts and short-term energy purchases, partially offset by the energy
sold in the regulated environment (CCEARs) due to the start of supply at the Vilas Wind Complex[3].
7
[3]
Vila Ceará I, Vila Maranhão I, Vila Maranhão II and Vila Maranhão III Wind Farms
(28°LEN - CCEAR 2024 - 2053).
GSF and PLD
3.2.3 Transmission
Copel has more than 9,600 km of transmission lines in eight Brazilian
states, including its own assets and those in partnership with other companies. In addition to building, maintaining and operating its
own extensive energy transmission network, Copel provides services for projects run by other concessionaires. The Transmission projects
are listed in Annex IV, including the projects of Copel Geração e Transmissão, SPEs Costa Oeste, Marumbi and Uirapuru
Transmissora (100% Copel Geração e Transmissão), as well as the 7 SPEs in which Copel Geração e Transmissão
has a stake.
RBSE
Below we describe the flow of receipt of the portion of the Revenue
related to the Basic Network of the Existing System – RBSE[4]
for the next cycles. It is important to note that they may be changed in the future, due to tariff review processes and/or
review of parameters used for the composition of these revenues by the regulatory body. The values below underwent periodic tariff review,
according to ratifying resolution No. 3,344/2024, and annual adjustment by the IPCA (Consumer Price Index) according to ratifying resolution
(REH) 3,348/2024.
Note:
Economic component: future values based on the 2024-2025
cycle (according to REH 3,348/2024 of 07/16/2024)
Financial component: amounts published in REH 2,847/21. Subject
to revision in view of the controversy in the methodology used to calculate these values by the regulatory agency.
RAP values up to the 2027-2028 cycle projected based on the
values of REH 3348/2024.
4. Copel Distribuição |
4.1 Financial Performance |
Copel Distribuição reported adjusted EBITDA of R$607.3
million in 3Q24, an increase of 8.7%, basically due to the 4.4% growth in the billed grid market and the June 2024 tariff readjustment,
with an average increase of 2.7% in TUSD (Distribution System Use Tariffs). In the year to September 2024, adjusted EBITDA reached R$1,790.1
million, an increase of 21.7% compared to the same period in 2023.
[4]
It refers to the concession contract 060/2001, which represents 41.6% of the allowed annual revenue (RAP) from transmission of Copel Geração
e Transmissão and proportional of the participations.
Expenses reported with PMSO, except for provisions and reversals,
decreased 41.9% in 3Q24 compared to 3Q23, mainly due to the provision for indemnification of the PDV (Voluntary Dismissal Program) in
3Q23, in the amount of R$397.3 million. Excluding the effects of provisions for the PDV,
PPD (performance bonus) and PLR (profit sharing), the personnel cost line decreased 8.1%. Isolating
the effects of the accumulated inflation of 4.09% measured by the INPC (the National Consumer Price Index) there was a reduction of 11.7%
related to personnel in the third quarter of 2024, mainly due to the reduction of 987 employees in the comparison between the periods,
mostly related to the PDV concluded in August 2024.
Third-party services increased by R$24.4 million (+15.0%), substantially
linked to the cleaning of easement strips and maintenance on network lines.
Other operating costs and expenses grew by R$21.0 million (+61.9%)
due to losses on the decommissioning of assets because of the progress of the investment program and replacement of equipment in the period.
Copel Distribuição's reported net income in 3Q24 was
R$243.8 million (compared to R$4.6 million in 3Q23). Excluding non-recurring events, net income decreased by 5%, basically because of
the increase of R$20.2 million in depreciation and amortization in the period.
In the year-todate, net income was R$693.6 million, an increase
of 78.2%, reflecting the PDV provision and additional one-third of vacations in 2023 and due to the improvement in operating performance
in 2024.
Below are Copel Distribuição's main indicators:
Also noteworthy in 3Q24 were:
| (i) | a 13.4% increase in revenue from the availability of the electricity network, mainly due to the 6.0% growth
in the grid market and the tariff readjustment in June 2024, with an average effect of 2.7% on the TUSD; |
| (ii) | a 54.0% increase in revenue from sectoral financial assets and liabilities due to higher energy costs
caused by thermal dispatch in 3Q24; |
| (iii) | an increase of R$381.7 million in electricity purchased for resale (+25.0%), basically due to higher energy
costs from the distributed generation system; |
| (iv) | the 32.2% reduction in provisions and reversals, due to the R$27.3 million reduction in expected credit
losses, offset by the R$5.1 million increase in provisions for litigation. |
4.1.1 Regulatory Efficiency
Copel Distribuição recorded adjusted EBITDA of R$2,438.7
million in the last 12 months, equivalent to an efficiency of R$710.1 million, 41.1% above regulatory EBITDA.
Note: Regulatory EBITDA is calculated based on the WACC values
on Remuneration Base + Special Obligations + LPLT/RGR, and QRR published in ANEEL's Technical Notes in the events of Review or Tariff
Adjustment.
4.2 Operational Performance
4.2.1 Grid Market (TUSD)
Copel Distribuição's grid market, made up of the captive
market, supply to concessionaires and permit holders within the state of Paraná and all the free consumers in its concession area,
had a 6.0% increase in electricity consumption in 3Q24 compared to the same period last year and 8.2% year-to-date, mainly due to higher
temperatures and greater economic activity in 2024. The billed grid market, which considers the energy compensated by Mini and Micro Distributed
Generation (MMGD), increased by 4.4% in 3Q24 and 6.2% year-to-date.
4.2.2 Captive Market
The captive market showed an increase of 2.6% in electricity consumption
in 3Q24 compared to the same period last year and 7.8% year-to-date. The billed captive market, which takes into account MMGD compensated
energy, fell by -0.6% in 3Q24 and by 4.3% year-to-date. |
4.2.3 Operational Data
Copel Distribuição has a concession in force until
July 7, 2045, whose service quality criteria (Equivalent Interruption Duration per Consumer Unit - DEC and Equivalent Interruption Frequency
per Consumer Unit - FEC) are defined by ANEEL (National Electricity Regulation Agency).
Despite the severe weather events in the state of Paraná
in recent months, the company has acted in a timely manner to re-establish the power supply and prevent vegetation on the network, which
has helped to keep the quality of service indices within the regulatory limits.
For DEC, the result for the last 12 months as of September 2024
was 8.23 hours, while for FEC, the result for the same period was 5.41 interruptions, both within the established regulatory limit.
Losses - Distribution losses can be defined as the difference
between the electricity acquired by distributors and that billed to their consumers, and are segmented as Technical and Non-Technical.
Technical Losses are inherent to the activity of electricity distribution and Non-Technical Losses originate mainly from theft (clandestine
connection, direct detour from the network), fraud (meter tampering or detour), reading, measurement and billing errors.
At the end of September 2024, Technical Losses for the last 12 months
were 2,260 GWh, compared to 2,070 GWh for the same period last year, and Non-Technical Losses were 657 GWh, compared to 673 GWh for the
same period last year. Total losses over the last 12 months amounted to 2,917 GWh at the end of September 2024.
GWh - 12 Meses |
Sep/20 |
Sep/21 |
Sep/22 |
Sep/23 |
Sep/24 |
Injected Energy |
32.377 |
34.374 |
35.216 |
35.780 |
39.057 |
Distribution Losses |
2.465 |
2.651 |
2.651 |
2.743 |
2.917 |
Technical Losses |
1.958 |
1.989 |
2.038 |
2.070 |
2.260 |
Non-Technical Losses |
507 |
662 |
614 |
673 |
657 |
* Losses reflect the difference between the measured load and the
billed market. In 2020, with the onset of the Covid-19 pandemic, the load shrank rapidly and the market did not respond at the same speed,
due to the mismatch between the measurement calendar and the consumer billing calendar, reducing the volume of losses in this period.
Non-technical losses, calculated as the difference between total
losses and technical losses, are largely associated with the concessionaire's management and the socio-economic characteristics of the
concession areas. To this end, Copel maintains a Program to Combat Non-Technical Losses through the following actions:
| ü | Improvement of actions to combat irregular procedures, improving the performance of targeted inspections; |
| ü | Investments aimed at the provision and/or acquisition of inspection equipment; |
| ü | Preparation and execution of specific training and retraining related to commercial losses; |
| ü | Carrying out inspections, both in Medium and Low Voltage; |
| ü | Educational notes in the press and messages on the electricity bill. |
| ü | Joint operations with the Civil Police and the Public Prosecutor's Office; |
| ü | Opening of a police investigation in the regions where significant numbers of irregular procedures were
found. |
The tariff transfer of efficient levels of losses is provided for
in the concession contracts and these losses are included in the costs of energy purchases up to the regulatory limit stipulated by ANEEL.
Copel Distribuição has remained within the regulatory limits in recent tariff processes.
5. Copel Comercialização |
5.1 Financial Performance |
Copel Comercialização presented adjusted EBITDA
of R$3.2 million in 3Q24, mainly due to the difference between the hourly generation curve of contracts and the consumption profile and
the difference in prices between energy submarkets, with an impact of approximately R$30.0 million.
The main adjustment in the quarter was the fair value of energy
purchase and sale contracts (mark-to-market) - the amount calculated by the difference between the contracted price and the future market
price estimated by the company - which was positive by R$17.9 million in 3Q24 compared to R$34.5 million in 3Q23, mainly as a result of
the increase in energy prices.
Manageable costs fell by 36.9% in 3Q24, influenced essentially
by the reduction in personnel due to the PDV (Voluntary Dismissal Program) provision in 3Q23, the decrease in insurance expenses (-R$0.2
million), recorded in the other costs line, partially offset by the increase in third-party services (+R$1.1 million) with communication,
processing and data transmission.
The personnel and administrators account, excluding the
effects of the PDV, PPD (performance bonus) and PLR (profit sharing), registered a decrease of 2.0% in 3Q24. Isolating the effects
of accumulated inflation of 4.09%, measured by INPC (the National Consumer Price Index), there was a reduction of 5.9%.
Net income in 3Q24 was R$20.5 million, up from a loss of
R$7.0 million in 3Q23. This result is mainly due to the mark-to-market variation.
|
5.2 Operational Performance
Copel Comercialização recorded a 5.2% increase
in the amount of energy sold in 3Q24, due to the effect of increased sales to traders under bilateral contracts (+24.3%). The graph shows
the evolution of Copel Comercialização in terms of GWh sold.
|
6.ESG Performance |
6.1 Copel, pioneer in ESG in the sector |
Copel was the first company in the sector to produce an Environmental
Impact Report for a generation project, and the first company in the energy sector in Brazil to become a signatory to the UN Global Compact
in 2000. The company promotes actions to disseminate the UN's 2030 Agenda and implement the Sustainable Development Goals - SDGs in the
electricity sector. Copel joined the Pact Commitment for Water and Energy Resilience and received the Pro-Gender and Race Equality Seal
from the Federal Government. The Company received the Pro-Ethics Seal, 2018-2019 and 2020-2021 editions, awarded by CGU (Federal Comptroller
General) and Instituto ETHOS, for the voluntary adoption of integrity measures, with public recognition for the commitment to implement
measures aimed at preventing, detecting and remedying acts of corruption and fraud. Copel participates in the 100% Transparency Movement
of the UN Global Compact, the first and largest initiative to promote corporate transparency in Brazil.
Environmental
| § | Net Zero Ambition Movement - Copel participates in the Net Zero Ambition Movement. The movement is part
of the strategies developed by the Global Compact so that large companies together can promote actions that result in the reduction of
greenhouse gases by 2030; |
| § | Copel 2030 Neutrality Plan, approved by the Board: with the purpose of neutralizing Scope 1 Greenhouse
Gas (GHG) emissions for the assets that Copel has operational control over (according to the concept established in the GHG Protocol methodology)
by 2030; |
| § | Copel is also part of the Brazilian Business Commitment to Biodiversity with the Brazilian Business Council
for Sustainable Development (CEBDS). |
Social
| § | Actions and Programs - Solidarity Selective Collection; Cultivar Energia (Cultivate Energy) Program; EletriCidadania;
Good Neighborhood Program; Diversity Commission; Human Rights Program; EducaODS; Iluminando Gerações; Mais que Energia (More
Than Energy), among others. |
| § | It has a Sustainability Policy, a People Management Policy and an Occupational Health and Safety Policy,
among others. |
| § | The Cultivar Energia (Cultivate Energy) program - it sets up community gardens under Copel's power lines
- has been in existence for 10 years and has a partnership with 8 municipalities in Paraná, where 20 Copel gardens are distributed,
currently benefiting around 4,000 people with healthy food and income generation. The gardens also protect Copel properties from irregular
occupation, reinforce the company's presence and brand in the communities and beautify impoverished neighborhoods, transforming the environment
and urban planning in the cities. |
Governance
| § | Copel is a company with dispersed capital and no controlling shareholder; |
| § | The Board of Directors is made up mostly of independent members and has statutory advisory committees:
Statutory Audit Committee - CAE; Sustainable Development Committee - CDS, Investment and Innovation Committee - CII and People Committee
- CDG; |
| § | The CAE is made up of independent members, one of whom is an external member; |
| § | Establishment of variable remuneration with ESG targets - 2023: 30% of PPD; |
| § | Listed on B3's Governance Level 2; |
| § | Adherence to the UN Global Compact's 100% Transparency Movement. |
Priority SDGs of the Brazilian Electricity Sector
6.2 Recent Highlights
| § | With the divestment of all the shares in Copel's stake in UEG Araucária (UEGA) and Compagas, the
company is consolidating its strategic plan for a 100% renewable energy matrix in operation. |
6.3 Indicators
Regarding the scope 1 GHG indicator (tCO2), the data refers to
direct greenhouse gas emissions from Copel's operations (thermal power plant, fleet, soil change and fugitive emissions) - data for 2024
will be verified later by a third party. GHG emissions are calculated every six months.
6.4 Ratings, Ratings, and Indexes
Available Cash Flow and Dividends
Available Cash Flow is defined in the Dividend Policy as: DCF
= Cash generated by operating activities, less net cash used by investment activities, where: (a) Cash generated by operating activities:
cash generated by operating activities in the fiscal year, before taxes, contributions (IRCS) and financial charges; (b) Net cash used
by investment activities: amount invested in the fiscal year in non-current assets. The table below shows the DCF calculation as at September
30, 2024:
R$ thousand
09.30.2024 |
CASH FLOW FROM OPERATING ACTIVITIES |
CASH GENERATED BY OPERATING ACTIVITIES |
3.967.017 |
CASH FLOW FROM INVESTING ACTIVITIES |
FROM ONGOING OPERATIONS |
(1.735.103) |
FROM DISCONTINUED OPERATIONS |
608.713 |
NET CASH USED BY INVESTING ACTIVITIES |
(1.126.390) |
FCD AVAILABLE CASH FLOW |
2.840.627 |
On September 11, the Board of Directors approved the payment of
interim dividends related to the results of the first half of the year, to be paid on November 29, 2024, totaling R$485,1 million, of
which: a) dividends in the amount of R$202,1 million; and b) interest on equity in the amount of R$283,0 million. More information can
be found in the Notice to Shareholders 07/24.
Conclusion of Divestment in COMPAGAS
On September 16, the Company completed the divestment of its entire
stake (51%) in Companhia Paranaense de Gás (Compagas). The Company received 40% of the equity value of R$906.0 million,
adjusted as provided for in the contract considering the base date of December 31, 2023, and the remaining installments will be paid according
to the following schedule: i. 30% by September 16, 2025; and ii. 30% by September 16, 2026.
Conclusion of the Divestment at UEGA
On July 1st, the company completed the divestment of all the shares
in Copel's 81.2% stake in UEG Araucária to Âmbar Energia. The transaction value (enterprise value) equivalent to Copel's
stake in the asset was R$320.7 million.
Sale of Copel GeT real estate
The company completed the sale of assets unserviceable to Copel
GeT's concessions, for a total of R$286.0 million, of which R$10.4 million has already been received, and the balance, plus interest and
monetary restatement, will be received within 10 years. The operation, concluded in September 2024 with the signing of the purchase and
sale agreements (CCVA), was carried out in two blocks: the sale of land and buildings located in Curitiba and the sale of properties located
near hydroelectric power plants in the interior of the state of Paraná.
The gain from the sale process was R$264.4 million, after discounting
the residual value and disposal costs.
New General Director for Copel Distribuição
Engineer Marco Antônio Villela de Abreu was appointed General
Director of Copel Distribuição on August 19. He has over 30 years' experience in the energy sector, in multicultural environments
and in large companies, especially in the electricity distribution segment. He was Director of Distribution Operations and Director of
Energy Distribution at the CPFL group and CEO of Rio Grande Energia between 2019 and 2024.
New VP of People and Management
Ms. Márcia Baena took office as Vice-President of People
and Management of the Copel group on September 9. With a degree in Psychology, she has more than 25 years' experience in people management,
cultural transformation, remuneration strategy, career development and succession plans and diversity-supporting practices. She has worked
at América Latina Logística (ALL), Seara Alimentos (Cargill Brazil), Grupo Pão de Açúcar and Burger
King Brasil (ZAMP). Most recently, she was Executive Director of People, Management and Sustainability at Cruzeiro do Sul Educacional
S.A.
New VP of Strategy, New Business and Digital
Transformation
Mr. Diogo Mac Cord took office as Vice President of Strategy,
New Business and Digital Transformation at Copel on October 15. He holds a PhD in Electrical Engineering and a degree in Mechanical Production
Engineering, with master's degrees in Public Administration from Harvard University and Technology Development from LACTEC/UFPR. Between
2019 and 2022, he held the positions of Secretary for Infrastructure Development and Special Secretary for Privatization at the Ministry
of Economy. He has developed a career in global consultancies, working in the energy and infrastructure sectors, with stints at KMPG and
Ernst and Young - EY, where he most recently held the position of leader of infrastructure and regulated markets for Latin America.
New VP of Legal and Compliance
Mr. Yuri Müller Ledra took office as Vice President of Legal
and Compliance on November 4. Mr. Ledra holds a degree in Law and Business Administration with a specialization in Civil Law and
Business Law. He has national and international experience in infrastructure transactions and legal issues such as M&A, strategic
and mass litigation, greenfield projects, ethics & compliance, corporate, environmental, out-of-court settlements, regulation, among
others.
He worked in various areas at ENGIE Brasil, focusing on the energy,
gas and services sector and most recently as Legal, Ethics and Data Protection Officer.
Modernization of the Bylaws
On October 30, the reform of Copel's Bylaws was approved. The
change was motivated by the company's transformation into a corporation and the need to improve governance instruments to reflect best
market practices. Among other changes, the Bylaws were modernized, including an adjustment to the structure of Copel Holding's board of
directors, changing its composition and name. As a result, Copel now has a president (previously CEO), vice-presidents (previously directors)
and directors (previously deputy directors).
Disclaimer
The information contained in this document may include forward-looking
considerations and reflects management's current perception and perspectives on the evolution of the macroeconomic environment, industry
conditions, the Company's performance and financial results. Any statements, expectations, capabilities, plans and assumptions contained
herein that do not describe historical facts, such as information regarding the dividend payment statement, the future direction of operations,
the implementation of relevant operating and financial strategies, the investment program, factors or trends affecting financial condition,
liquidity or results of operations are forward-looking statements within the meaning of U.S. Private Securities Litigation Reform Act
of 1995 and contemplate several risks and uncertainties. There is no guarantee that such results will occur. The statements are based
on a number of factors and expectations, including economic and market conditions, industry competitiveness and operational factors. Any
changes in such expectations and factors may imply that the actual result is materially different from current expectations.
|
Investor Relations
ri@copel.com
Phone: (41) 3331-4011 |
Exhibit I - CONSOLIDATED RESULTS > INCOME STATEMENT |
|
|
|
|
|
|
R$ '000 |
Income Statement |
3Q24 |
3Q23 |
Δ% |
9M24 |
9M23 |
Δ% |
OPERATING REVENUES |
5,735,608 |
5,543,989 |
3.5 |
16,631,872 |
15,911,770 |
4.5 |
Electricity sales to final customers |
1,970,334 |
2,023,937 |
(2.6) |
6,255,268 |
5,753,677 |
8.7 |
Electricity sales to distributors |
834,657 |
998,600 |
(16.4) |
2,301,493 |
2,738,710 |
(16.0) |
Use of the main distribution and transmission grid |
1,660,092 |
1,502,528 |
10.5 |
5,133,304 |
4,347,990 |
18.1 |
Construction revenue |
661,016 |
616,653 |
7.2 |
1,908,985 |
1,746,127 |
9.3 |
Fair value of assets from the indemnity for the concession |
17,190 |
8,283 |
107.5 |
49,467 |
41,898 |
18.1 |
Result of Sectorial financial assets and liabilities |
420,709 |
273,256 |
54.0 |
566,185 |
879,709 |
(35.6) |
Other operating revenues |
171,610 |
120,732 |
42.1 |
417,170 |
403,659 |
3.3 |
OPERATING COSTS AND EXPENSES |
(4,640,519) |
(5,160,282) |
(10.1) |
(13,715,653) |
(13,647,472) |
0.5 |
Electricity purchased for resale |
(2,327,982) |
(1,995,559) |
16.7 |
(6,314,383) |
(5,694,126) |
10.9 |
Charge of the main distribution and transmission grid |
(714,064) |
(764,852) |
(6.6) |
(2,222,422) |
(2,118,488) |
4.9 |
Personnel and management |
(278,929) |
(859,142) |
(67.5) |
(857,625) |
(1,561,690) |
(45.1) |
Pension and healthcare plans |
(63,291) |
(64,280) |
(1.5) |
(198,988) |
(194,209) |
2.5 |
Materials and supplies |
(22,093) |
(23,497) |
(6.0) |
(62,236) |
(64,751) |
(3.9) |
Materials and supplies for power eletricity |
- |
(7,175) |
- |
(936) |
(17,654) |
(94.7) |
Third-party services |
(274,613) |
(265,684) |
3.4 |
(772,679) |
(728,352) |
6.1 |
Depreciation and amortization |
(368,414) |
(347,777) |
5.9 |
(1,089,197) |
(1,027,232) |
6.0 |
Provisions and reversals |
(68,379) |
(141,171) |
(51.6) |
(227,955) |
(204,772) |
11.3 |
Construction cost |
(658,392) |
(615,011) |
7.1 |
(1,902,041) |
(1,734,494) |
9.7 |
Other cost and expenses |
135,638 |
(76,134) |
(278.2) |
(67,191) |
(301,704) |
(77.7) |
EQUITY IN EARNINGS OF SUBSIDIARIES |
63,210 |
67,842 |
(6.8) |
225,398 |
244,675 |
(7.9) |
PROFIT BEFORE FINANCIAL RESULTS AND TAXES |
1,158,299 |
451,549 |
156.5 |
3,141,617 |
2,508,973 |
25.2 |
FINANCIAL RESULTS |
(222,378) |
(322,810) |
(31.1) |
(780,237) |
(899,289) |
(13.2) |
Financial income |
331,192 |
264,178 |
25.4 |
857,229 |
796,450 |
7.6 |
Financial expenses |
(553,570) |
(586,988) |
(5.7) |
(1,637,466) |
(1,695,739) |
(3.4) |
OPERATIONAL EXPENSES/ INCOME |
935,921 |
128,739 |
627.0 |
2,361,380 |
1,609,684 |
46.7 |
INCOME TAX AND SOCIAL CONTRIBUTION ON PROFIT |
(198,541) |
308,161 |
(164.4) |
(628,745) |
(93,059) |
575.6 |
Income tax and social contribution on profit |
(65,713) |
27,870 |
(335.8) |
(208,150) |
(297,404) |
(30.0) |
Deferred income tax and social contribution on profit |
(132,828) |
280,291 |
(147.4) |
(420,595) |
204,345 |
(305.8) |
NET INCOME continuing operations |
737,380 |
436,900 |
68.8 |
1,732,635 |
1,516,625 |
14.2 |
NET INCOME discontinued operations |
479,709 |
4,263 |
- |
491,571 |
(132,266) |
- |
NET INCOME |
1,217,089 |
441,163 |
175.9 |
2,224,206 |
1,384,359 |
60.7 |
Attributed to the controlling company's shareholders - continuing operations |
744,556 |
441,894 |
68.5 |
1,759,435 |
1,520,816 |
15.7 |
Attributed to the controlling company's shareholders - discontinued operations |
475,104 |
(6,489) |
(7,421.7) |
463,690 |
(141,029) |
(428.8) |
Attributed to non-controlling shareholders- continuing operations |
(7,142) |
(1,465) |
- |
(15,458) |
6,114 |
- |
Attributed to non-controlling shareholders- discontinued operations |
4,571 |
7,223 |
- |
16,539 |
(1,542) |
- |
EBITDA continued operations |
1,526,713 |
799,326 |
91.0 |
4,230,814 |
3,536,205 |
19.6 |
Exhibit I - CONSOLIDATED RESULTS > BALANCE SHEET |
R$'000 |
|
R$'000 |
Assets |
Sep-24 |
Dec-23 |
Δ% |
|
Liabilities |
Sep-24 |
Dec-23 |
Δ% |
CURRENT |
14,948,050 |
13,715,730 |
9.0 |
|
CURRENT |
10,344,091 |
9,309,433 |
11.1 |
Cash and cash equivalents |
7,580,218 |
5,634,623 |
34.5 |
|
Payroll, social charges and accruals |
440,681 |
927,538 |
(52.5) |
Bonds and securities |
6,291 |
4,763 |
32.1 |
|
Suppliers |
2,299,771 |
2,154,430 |
6.7 |
Collaterals and escrow accounts |
9 |
9 |
- |
|
Income tax and social contribution payable |
71,673 |
132,979 |
(46.1) |
Customers |
3,796,409 |
3,761,170 |
0.9 |
|
Other taxes due |
296,582 |
346,083 |
(14.3) |
Dividends receivable |
87,421 |
95,569 |
(8.5) |
|
Loans and financing |
2,012,297 |
675,980 |
197.7 |
Sectorial financial assets |
14,074 |
15,473 |
(9.0) |
|
Debentures |
1,342,205 |
1,225,649 |
9.5 |
Account receivable related to concession |
10,636 |
9,354 |
13.7 |
|
Minimum compulsory dividend payable |
463,352 |
464,147 |
(0.2) |
Contract Assets |
260,703 |
284,616 |
(8.4) |
|
Post employment benefits |
95,768 |
85,833 |
11.6 |
Other current receivables |
1,351,873 |
949,732 |
42.3 |
|
Customer charges due |
68,654 |
61,466 |
11.7 |
Inventories |
147,233 |
174,726 |
(15.7) |
|
Research and development and energy efficiency |
169,911 |
320,196 |
(46.9) |
Income tax and social contribution |
317,318 |
315,218 |
0.7 |
|
Accounts Payable related to concession |
103,636 |
101,976 |
1.6 |
Other current recoverable taxes |
973,857 |
943,343 |
3.2 |
|
Net sectorial financial liabilities |
1,205,291 |
476,103 |
153.2 |
Prepaid expenses |
53,863 |
62,869 |
(14.3) |
|
Lease liability |
59,975 |
49,742 |
20.6 |
Related parties |
751 |
1,336 |
(43.8) |
|
Other accounts payable |
1,399,890 |
859,456 |
62.9 |
Assets held for sale |
347,394 |
1,462,929 |
(76.3) |
|
PIS and COFINS to be refunded to costumers |
- |
558,591 |
- |
NON-CURRENT |
41,605,760 |
42,103,344 |
(1.2) |
|
Provision for allocation of Pis and Cofins credits |
290,000 |
- |
- |
Long Term Assets |
15,623,369 |
16,343,437 |
(4.4) |
|
Provisions for litigation |
- |
336,000 |
- |
Bonds and securities |
523,111 |
490,732 |
6.6 |
|
Liabilities associated with assets held for sale |
24,405 |
533,264.0 |
(95.4) |
Other temporary investments |
37,548 |
31,728 |
18.3 |
|
NON-CURRENT |
20,742,778 |
22,317,974 |
(7.1) |
Customers |
120,919 |
105,259 |
14.9 |
|
Suppliers |
141,288 |
131,143 |
7.7 |
Judicial deposits |
395,267 |
634,712 |
(37.7) |
|
Deferred income tax and social contribution |
1,839,113 |
1,686,793 |
9.0 |
Sectoral financial assets |
42,222 |
15,473 |
172.9 |
|
Other taxes due |
308,081 |
612,093 |
(49.7) |
Account receivable related to concession |
3,235,809 |
2,809,901 |
15.2 |
|
Loans and financing |
3,106,148 |
4,667,237 |
(33.4) |
Contract Assets |
7,228,061 |
7,320,445 |
(1.3) |
|
Debentures |
9,766,979 |
8,393,457 |
16.4 |
Other non-current receivables |
1,156,677 |
853,340 |
35.5 |
|
Post employment benefits |
1,416,448 |
1,398,410 |
1.3 |
Income tax and social contribution |
63,352 |
68,003 |
(6.8) |
|
Research and development and energy efficiency |
297,868 |
233,478 |
27.6 |
Deferred income tax and social contribution |
1,235,054 |
1,757,688 |
(29.7) |
|
Accounts Payable related to concession |
797,249 |
791,879 |
0.7 |
Other non-current recoverable taxes |
1,584,860 |
2,256,156 |
(29.8) |
|
Net sectorial financial liabilities |
- |
27,888 |
- |
Prepaid expenses |
489 |
- |
- |
|
Lease liability |
279,866 |
220,700 |
26.8 |
Investments |
3,582,180 |
3,511,797 |
2.0 |
|
Other accounts payable |
409,817 |
579,070 |
(29.2) |
Property, plant and equipment, net |
10,204,330 |
10,825,421 |
(5.7) |
|
PIS and COFINS to be refunded to costumers |
- |
173,135 |
- |
Intangible assets |
11,874,756 |
11,170,089 |
6.3 |
|
Provision for allocation of Pis and Cofins credits |
1,273,646 |
1,909,775 |
(33.3) |
Right to use an asset |
321,125 |
252,600 |
27.1 |
|
Provisions for litigation |
1,106,275 |
1,492,916 |
(25.9) |
TOTAL |
56,553,810 |
55,819,074 |
1.3 |
|
EQUITY |
25,466,941 |
24,191,667 |
5.3 |
|
|
|
|
|
Attributed to controlling shareholders |
25,493,448 |
23,886,153 |
6.7 |
|
|
|
|
|
Share capital |
12,821,758 |
12,821,758 |
- |
|
|
|
|
|
Capital reserves |
976 |
- |
- |
|
|
|
|
|
Equity valuation adjustments |
284,562 |
307,050 |
(7.3) |
|
|
|
|
|
Legal reserves |
1,625,628 |
1,625,628 |
- |
|
|
|
|
|
Retained earnings |
8,996,488 |
9,000,506 |
(0.0) |
|
|
|
|
|
Proposed additional dividend |
- |
131,211 |
- |
|
|
|
|
|
Accrued earnings |
1,764,036 |
- |
- |
|
|
|
|
|
Attributable to non-controlling interest |
(26,507) |
305,514 |
(108.7) |
|
|
|
|
|
TOTAL |
56,553,810 |
55,819,074 |
1.3 |
Exhibit I - CONSOLIDATED RESULTS > CASH FLOW |
|
|
R$'000 |
|
09/30/24 |
09/30/23 |
CASH FLOWS FROM OPERATIONAL ACTIVITIES |
|
|
|
Net income from continuing operations |
1,732,635 |
1,516,625 |
|
|
|
Adjustments to reconcile net income for the period with cash generation from operating activities: |
3,799,845 |
3,344,571 |
Unrealized monetary and exchange variation and debt charges - net |
1,511,124 |
1,433,850 |
Interest - bonus from the grant of concession agreements under the quota system |
(88,600) |
(87,910) |
Remuneration of transmission concession contracts |
(597,298) |
(561,622) |
Income tax and social contribution |
208,150 |
297,404 |
Deferred income tax and social contribution |
420,595 |
(204,345) |
Equity in earnings of investees |
(225,398) |
(244,675) |
Appropriation of post-employment benefits obligations |
192,662 |
192,058 |
Creation for research and development and energy efficiency programs |
132,771 |
123,556 |
Recognition of fair value of assets from the indemnity for the concession |
(49,467) |
(41,898) |
Sectorial financial assets and liabilities result |
(623,896) |
(969,376) |
Depreciation and amortization |
1,089,197 |
1,027,232 |
Provision from the voluntary dismissal program |
18,388 |
610,057 |
Long-term incentives |
976 |
- |
Net operating estimated losses, provisions and reversals |
227,955 |
204,772 |
Realization of added value in business combinations |
(539) |
(542) |
Fair value in energy purchase and sale operations |
26,009 |
6,347 |
Loss on disposal of accounts receivable related to concession |
3,193 |
186 |
Loss on disposal of contract assets |
11,963 |
8,346 |
Loss on disposal of property, plant and equipment |
16,084 |
3,079 |
Loss on disposal of intangible assets |
62,406 |
32,177 |
Result of write-offs of use rights of assets and liabilities of leases - net |
(4,631) |
(750) |
Assets disposal results |
(264,434) |
- |
|
|
|
Decrease (increase) in assets |
674,876 |
57,585 |
Trade accounts receivable |
583,818 |
164,172 |
Dividends and interest on own capital received |
158,889 |
111,960 |
Judicial deposits |
6,133 |
22,198 |
Sectorial financial assets |
124,699 |
52,035 |
Other receivables |
(39,671) |
(61,482) |
Inventories |
27,493 |
7,570 |
Income tax and social contribution recoverable |
(162,094) |
(142,982) |
Other taxes recoverable |
(33,493) |
(77,858) |
Prepaid expenses |
8,517 |
(3,819) |
Related parties |
585 |
(14,209) |
|
|
|
Increase (decrease) in liabilities |
(507,704) |
360,062 |
Payroll, social charges and accruals |
(334,900) |
158,508 |
Related parties |
- |
- |
Suppliers |
110,944 |
53,968 |
Other taxes |
654,962 |
728,036 |
Post-employment benefits |
(164,689) |
(160,277) |
Sectorial charges due |
7,188 |
16,871 |
Research and development and energy efficiency |
(235,389) |
(193,727) |
Payable related to the concession |
(82,483) |
(87,200) |
Other accounts payable |
(191,986) |
86,143 |
Provisions for legal claims |
(271,351) |
(242,260) |
|
|
|
CASH GENERATED BY OPERATING ACTIVITIES |
3,967,017 |
3,762,218 |
|
|
|
Income tax and social contribution paid |
(257,299) |
(272,512) |
Loans and financing - interest due and paid |
(386,404) |
(434,261) |
Debentures - interest due and paid |
(658,810) |
(708,469) |
Charges for lease liabilities paid |
(23,957) |
(17,257) |
|
|
|
NET CASH GENERATED BY OPERATING ACTIVITIES FROM CONTINUING OPERATIONS |
2,640,547 |
2,329,719 |
NET CASH GENERATED BY OPERATING ACTIVITIES FROM DISCONTINUED OPERATIONS |
3,620 |
118,351 |
NET CASH GENERATED FROM OPERATING ACTIVITIES |
2,644,167 |
2,448,070 |
|
|
|
CASH FLOWS FROM INVESTMENT ACTIVITIES |
Financial investments |
(39,727) |
(102,812) |
Additions to contract assets |
(1,652,051) |
(1,422,976) |
Acquisitions of subsidiaries - effect on cash |
- |
(911,450) |
Sale of investments |
2,066 |
- |
Additions in investments |
- |
(10,780) |
Capital reduction of investees |
37,129 |
- |
Additions to property, plant and equipment |
(82,954) |
(148,152) |
Sale of property, plant and equipment |
10,357 |
- |
Additions to intangible assets |
(9,923) |
(6,107) |
|
|
|
NET CASH USED BY INVESTMENT ACTIVITIES FROM CONTINUING OPERATIONS |
(1,735,103) |
(2,602,277) |
NET CASH USED BY INVESTMENT ACTIVITIES FROM DISCONTINUED OPERATIONS |
608,713 |
(24,156) |
NET CASH USED FROM INVESTING ACTIVITIES |
(1,126,390) |
(2,626,433) |
|
|
|
CASH FLOWS FROM FINANCING ACTIVITIES |
Issue of loans and financing |
2,474 |
45,325 |
Transaction costs in the issuing of loans and financing |
- |
(6,886) |
Issue of debentures |
2,320,000 |
2,900,000 |
Transaction costs in the issuing of debentures |
(55,612) |
(60,677) |
Payments of principal - loans and financing |
(196,430) |
(194,678) |
Payments of principal - debentures |
(1,061,675) |
(1,174,084) |
Amortization of principal of lease liabilities |
(54,364) |
(51,896) |
Capital increase |
- |
2,031,619 |
Transaction costs in the capital increase |
- |
(14,941) |
Dividends and interest on own capital paid |
(586,257) |
(335,026) |
|
|
|
NET CASH GENERATED (USED) BY FINANCING ACTIVITIES FROM CONTINUING OPERATIONS |
368,136 |
3,138,756 |
NET CASH GENERATED (USED) BY FINANCING ACTIVITIES FROM DISCONTINUED OPERATIONS |
(9,656) |
158,062 |
NET CASH GENERATED (USED) FROM FINANCING ACTIVITIES |
358,480 |
3,296,818 |
|
|
|
TOTAL EFFECTS ON CASH AND CASH EQUIVALENTS |
1,876,257 |
3,118,455 |
|
|
|
Cash and cash equivalents at the beginning of the period |
5,634,623 |
2,678,457 |
Cash and cash equivalents at the end of the period |
7,580,218 |
5,557,791 |
Change in cash and cash equivalents from discontinued operations |
(69,338) |
239,121 |
|
|
|
CHANGE IN CASH AND CASH EQUIVALENTS |
1,876,257 |
3,118,455 |
Exhibit I - CONSOLIDATED RESULTS > ADJUSTED EBITDA AND FINANCIAL RESULT |
|
|
|
|
R$'000 |
|
3Q24 |
3Q23 |
Δ% |
9M24 |
9M23 |
Δ% |
EBITDA |
1,526.7 |
799.3 |
91.0 |
4,230.8 |
3,536.2 |
19.6 |
(-/+) Fair value in the purchase and sale of energy |
(17.9) |
34.5 |
(151.8) |
26.0 |
6.3 |
309.8 |
(-/+) Impairment |
(0.5) |
(16.1) |
(96.7) |
(2.4) |
(54.0) |
(95.6) |
(-/+) Provision (reversal) Incentive Dismissal Program |
18.4 |
610.1 |
(97.0) |
18.4 |
610.1 |
(97.0) |
(-/+) Assets disposal |
(264.4) |
- |
- |
(264.4) |
- |
- |
(-/+) Indemnity of adittional third of vacation bonus |
- |
- |
- |
- |
138.2 |
- |
(-/+) Hydrological Risk Renegotiation (GSF) - HPP Mauá |
- |
(26.4) |
- |
- |
(26.4) |
- |
(-/+) Ebitda from discontinued Op. Compagas and UEGA |
20.2 |
37.6 |
(46.4) |
58.6 |
126.3 |
(53.6) |
Adjusted EBITDA |
1,282.5 |
1,439.1 |
(10.9) |
4,066.9 |
4,336.7 |
(6.2) |
(-/+) Equity in earnings of subsidiaries |
(63.2) |
(67.8) |
(6.8) |
(225.4) |
(244.7) |
(7.9) |
(-/+) NRV |
(17.2) |
(8.3) |
107.3 |
(49.5) |
(41.9) |
18.1 |
(-/+) Revenue Adjustment TRA IFRS/Regulatory |
37.7 |
28.5 |
32.3 |
57.6 |
(28.3) |
- |
Adjusted EBITDA without earnings of subsidiaries, NRV and IFRS effect |
1,239.7 |
1,391.4 |
(10.9) |
3,849.6 |
4,021.8 |
(4.3) |
|
|
|
|
|
|
|
|
|
|
|
|
|
R$'000 |
|
3Q24 |
3Q23 |
Δ% |
9M24 |
9M23 |
Δ% |
Financial Revenues |
331,192 |
264,178 |
25.4 |
857,229 |
796,450 |
7.6 |
Income from investments held for trading |
205,967 |
168,252 |
22.4 |
537,453 |
367,440 |
46.3 |
Late fees on electricity bills |
62,839 |
43,664 |
43.9 |
166,016 |
156,334 |
6.2 |
Monetary restatement and adjustment to present value of accounts payable related to concession |
764 |
12,883 |
(94.1) |
17,838 |
69,059 |
(74.2) |
Income from sectorial assets and liabilities |
5,281 |
9,850 |
(46.4) |
40,795 |
55,755 |
(26.8) |
Exchange variation About Purchase Itaipu Electric Power |
2,051 |
912 |
124.9 |
2,625 |
14,026 |
(81.3) |
Interest on taxes to be compensated |
40,253 |
17,421 |
131.1 |
58,695 |
50,974 |
15.1 |
Income and monetary restatement of judicial deposits |
10,467 |
13,115 |
(20.2) |
26,724 |
41,392 |
(35.4) |
Other financial revenues |
17,342 |
8,456 |
105.1 |
42,046 |
71,335 |
(41.1) |
(-) Pis/Pasep and Cofins on revenues |
(13,772) |
(10,375) |
32.7 |
(34,963) |
(29,865) |
17.1 |
Financial Expenses |
(553,570) |
(586,988) |
(5.7) |
(1,637,466) |
(1,695,739) |
(3.4) |
Monetary variation, foreign exchange and debt service charges |
(419,198) |
(442,960) |
(5.4) |
(1,251,890) |
(1,355,043) |
(7.6) |
Monetary variation and adjustment to present value of accounts payable related to concession |
(35,722) |
(33,441) |
6.8 |
(107,907) |
(101,224) |
6.6 |
Exchange variation About Purchase Itaipu Electric Power |
(5,674) |
(6,073) |
(6.6) |
(20,000) |
(7,785) |
156.9 |
Pis/ Pasep and Cofins taxes over interest on equity |
- |
(69,496) |
- |
(27,812) |
(70,754) |
(60.7) |
Income from sectorial assets and liabilities |
- |
(845) |
- |
(33,027) |
(3,774) |
- |
Interest on R&D and PEE |
(5,608) |
(6,604) |
(15.1) |
(16,723) |
(20,155) |
(17.0) |
Interest on tax installments |
(6,647) |
(10,127) |
(34.4) |
(21,110) |
(31,006) |
(31.9) |
Interest on lease liabilities |
(5,097) |
(5,617) |
(9.3) |
(19,877) |
(17,259) |
15.2 |
Monetary variation of litigation |
(39,642) |
- |
- |
(70,988) |
- |
- |
Other financial expenses |
(14,326) |
(14,279) |
0.3 |
(41,747) |
(29,701) |
40.6 |
Uptade of provision for allocation of Pis and Cofins credits |
(21,656) |
2,454 |
- |
(26,385) |
(59,038) |
(55.3) |
Financial income (expenses) |
(222,378) |
(322,810) |
(31.1) |
(780,237) |
(899,289) |
(13.2) |
Exhibit I - CONSOLIDATED RESULTS > EQUITY IN EARNINGS OF SUBSIDIARIES AND INDICATORS |
|
|
|
|
|
|
|
|
R$'000 |
Variation in Equity in earnings of subsidiaries |
|
3Q24 |
3Q23 |
Δ% |
9M24 |
9M23 |
Δ% |
Joint Ventures |
|
|
57,344 |
61,965 |
(7.5) |
211,365 |
227,989 |
(7.3) |
Voltalia São Miguel do Gostoso I Participações S.A. |
|
|
3,656 |
1,921 |
90.3 |
(1,189) |
(604) |
96.9 |
Caiuá Transmissora de Energia S.A. |
|
|
2,700 |
2,678 |
0.8 |
9,113 |
9,409 |
(3.1) |
Integração Maranhense Transmissora de Energia S.A. |
|
|
4,600 |
4,514 |
1.9 |
14,364 |
19,345 |
(25.7) |
Matrinchã Transmissora de Energia (TP NORTE) S.A. |
|
|
18,007 |
18,993 |
(5.2) |
65,354 |
64,765 |
0.9 |
Guaraciaba Transmissora de Energia (TP SUL) S.A. |
|
|
12,664 |
6,547 |
93.4 |
35,199 |
25,938 |
35.7 |
Paranaíba Transmissora de Energia S.A. |
|
|
6,096 |
6,029 |
1.1 |
21,490 |
29,652 |
(27.5) |
Mata de Santa Genebra Transmissão S.A. |
|
|
2,387 |
12,356 |
(80.7) |
36,764 |
45,401 |
(19.0) |
Cantareira Transmissora de Energia S.A. |
|
|
7,181 |
8,836 |
(18.7) |
30,138 |
33,764 |
(10.7) |
Solar Paraná |
|
|
53 |
91 |
(41.8) |
132 |
319 |
(58.6) |
Associates |
|
|
5,866 |
5,877 |
(0.2) |
14,033 |
16,686 |
(15.9) |
Dona Francisca Energética S.A. |
|
|
1,480 |
1,673 |
(11.5) |
4,002 |
4,191 |
(4.5) |
Foz do Chopim Energética Ltda. |
|
|
4,386 |
4,203 |
4.4 |
10,033 |
12,496 |
(19.7) |
Others ¹ |
|
|
- |
1 |
- |
(2) |
(1) |
100.0 |
TOTAL |
|
|
63,210 |
67,842 |
(6.8) |
225,398 |
244,675 |
(7.9) |
1 Includes Carbocampel S.A. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
R$'000 |
Main Indicators -Associates Sep-24 |
|
|
|
|
Dona Francisca |
Foz do Chopim |
Total assets |
|
|
|
|
|
175,556 |
|
47,038 |
Shareholder’s equity¹ |
|
|
|
|
|
151,165 |
|
45,054 |
Net operating revenue |
|
|
|
|
|
50,135 |
|
37,827 |
Net Income |
|
|
|
|
|
17,377 |
|
28,053 |
Participation in the enterprise - % |
|
|
|
|
|
23.0 |
|
35.8 |
Investment book value |
|
|
|
|
|
34,814 |
|
16,114 |
|
|
|
|
|
|
|
|
R$'000 |
Main Indicators -Joint ventures
Sep-24 |
Voltalia |
Caiuá |
Integração Maranhense |
Matrinchã |
Guaraciaba |
Paranaíba |
Mata de Santa Genebra |
Cantareira |
Total assets |
237,555 |
345,586 |
619,605 |
3,022,708 |
1,663,747 |
2,084,031 |
3,750,192 |
1,845,650 |
Shareholder’s equity¹ |
237,334 |
281,644 |
435,435 |
2,100,980 |
1,076,087 |
1,272,743 |
1,386,843 |
988,182 |
Net operating revenue |
- |
26,521 |
43,377 |
223,769 |
132,360 |
169,514 |
280,342 |
126,689 |
Net Income |
(2,526) |
18,599 |
29,314 |
133,375 |
71,834 |
87,713 |
73,382 |
61,504 |
Participation in the enterprise - % |
49.0 |
49.0 |
49.0 |
49.0 |
49.0 |
24.5 |
50.1 |
49.0 |
Investment book value |
116,295 |
138,005 |
213,362 |
1,029,479 |
527,282 |
311,822 |
694,808 |
484,208 |
Note: Income from Transmitters according to adjustments for the application of CPC 47 / IFRS 15 in the Corporate Statements. |
Exhibit I - CONSOLIDATED RESULTS > SHARE CAPITAL |
Share Capital - As of September, 30,2024 * |
|
|
|
|
|
|
|
|
|
Thousand shares |
Shareholders |
Common |
% |
Preferred "A" |
% |
Preferred "B" |
% |
Special ** |
TOTAL |
% |
State of Paraná |
358,563 |
27.6% |
- |
- |
116,081 |
6.9% |
<1 |
474,644 |
15.9% |
BNDESPAR |
131,162 |
10.1% |
- |
- |
524,646 |
31.2% |
- |
655,808 |
22.0% |
Free Floating |
807,503 |
62.1% |
705 |
22.5% |
1,037,645 |
61.8% |
- |
1,845,854 |
61.9% |
B3 |
791,447 |
60.9% |
705 |
22.5% |
948,476 |
56.5% |
- |
1,740,629 |
58.4% |
NYSE |
15,848 |
1.2% |
- |
- |
87,520 |
5.2% |
- |
103,368 |
3.5% |
LATIBEX |
208 |
0.0% |
- |
- |
1,649 |
0.1% |
- |
1,858 |
0.1% |
Other |
3,120 |
0.2% |
2,423 |
77.5% |
962 |
0.1% |
- |
6,505 |
0.2% |
TOTAL |
1,300,347 |
100% |
3,128 |
100% |
1,679,335 |
100% |
<1 |
2,982,811 |
100% |
* The 209th Extraordinary General Assembly approved the undoing of the UNITS Program, ending in December/23. |
** State of Paraná has a special class preferred share with veto power as established in the Statute.
|
Exhibit II- RESULT BY SUBSIDIARY > COPEL GET (CONSOLIDATED) |
|
|
|
|
R$'000 |
Income Statement |
3Q24 |
3Q23 |
Δ% |
9M24 |
9M23 |
Δ% |
OPERATING REVENUES |
1,096,920 |
1,364,139 |
(19.6) |
3,311,337 |
3,902,035 |
(15.1) |
Electricity sales to distributors |
866,089 |
1,108,787 |
(21.9) |
2,528,737 |
3,054,871 |
(17.2) |
Use of the main transmission grid |
204,312 |
238,372 |
(14.3) |
708,172 |
744,147 |
(4.8) |
Construction revenue |
19,014 |
8,574 |
121.8 |
48,888 |
80,168 |
(39.0) |
Other operating revenues |
7,505 |
8,406 |
(10.7) |
25,540 |
22,849 |
11.8 |
OPERATING COSTS AND EXPENSES |
(430,080) |
(938,675) |
(54.2) |
(1,693,164) |
(2,278,856) |
(25.7) |
Electricity purchased for resale |
(66,075) |
(99,266) |
(33.4) |
(111,715) |
(171,239) |
(34.8) |
Charges of main distribution and transmission grid |
(143,403) |
(146,550) |
(2.1) |
(438,291) |
(442,346) |
(0.9) |
Personnel and management |
(87,689) |
(276,159) |
(68.2) |
(278,444) |
(501,998) |
(44.5) |
Pension and healthcare plans |
(19,173) |
(20,232) |
(5.2) |
(60,604) |
(61,099) |
(0.8) |
Materials and supplies |
(6,030) |
(5,868) |
2.8 |
(14,557) |
(14,792) |
(1.6) |
Materials and supplies for power eletricity |
- |
(6,657) |
(100.0) |
(936) |
(17,654) |
(94.7) |
Third-party services |
(68,491) |
(66,872) |
2.4 |
(202,014) |
(201,050) |
0.5 |
Depreciation and amortization |
(205,511) |
(205,446) |
0.0 |
(625,566) |
(611,009) |
2.4 |
Provisions and reversals |
(16,479) |
(75,925) |
(78.3) |
(22,617) |
(55,240) |
(59.1) |
Construction cost |
(16,390) |
(6,932) |
136.4 |
(41,944) |
(68,535) |
(38.8) |
Other cost and expenses |
199,161 |
(28,768) |
(792.3) |
103,524 |
(133,894) |
(177.3) |
EQUITY IN EARNINGS OF SUBSIDIARIES |
58,021 |
64,156 |
(9.6) |
222,454 |
240,769 |
(7.6) |
PROFIT BEFORE FINANCIAL RESULTS AND TAXES |
724,861 |
489,620 |
48.0 |
1,840,627 |
1,863,948 |
(1.3) |
FINANCIAL RESULTS |
(133,918) |
(163,145) |
(17.9) |
(447,250) |
(583,729) |
(23.4) |
Financial income |
106,711 |
83,126 |
28.4 |
275,770 |
255,509 |
7.9 |
Financial expenses |
(240,629) |
(246,271) |
(2.3) |
(723,020) |
(839,238) |
(13.8) |
OPERATIONAL EXPENSES/ INCOME |
590,943 |
326,475 |
81.0 |
1,393,377 |
1,280,219 |
8.8 |
INCOME TAX AND SOCIAL CONTRIBUTION ON PROFIT |
(186,599) |
102,134 |
(282.7) |
(317,381) |
(162,636) |
95.1 |
Income tax and social contribution on profit |
(60,379) |
32,034 |
(288.5) |
(174,792) |
(188,544) |
(7.3) |
Deferred income tax and social contribution on profit |
(126,220) |
70,100 |
(280.1) |
(142,589) |
25,908 |
(650.4) |
NET INCOME continuing operations |
404,344 |
428,609 |
(5.7) |
1,075,996 |
1,117,583 |
(3.7) |
NET INCOME discontinued operations |
12,004 |
(19,800) |
(160.6) |
(18,377) |
(216,105) |
(91.5) |
NET INCOME |
416,348 |
408,809 |
1.8 |
1,057,619 |
901,478 |
17.3 |
Attributed to shareholders of the parent company - continuing operations |
404,344 |
431,535 |
(6.3) |
1,084,352 |
1,127,695 |
(3.8) |
Attributed to the controlling company's shareholders - discontinued operations |
12,004 |
(13,839) |
(186.7) |
(11,586) |
(137,766) |
(91.6) |
Attributed to non-controlling shareholders |
- |
(8,887) |
(100.0) |
(15,147) |
(88,451) |
(82.9) |
EBITDA continuing operations |
930,372 |
695,066 |
33.9 |
2,466,193 |
2,474,957 |
(0.4) |
Exhibit II- RESULT BY SUBSIDIARY > COPEL DIS |
|
|
|
|
R$'000 |
Income Statement |
3Q24 |
3Q23 |
Δ% |
9M24 |
9M23 |
Δ% |
OPERATING REVENUES |
4,352,365 |
3,907,992 |
11.4 |
12,556,067 |
11,069,533 |
13.4 |
Electricity sales to final customers |
1,482,084 |
1,446,879 |
2.4 |
4,835,789 |
4,049,555 |
19.4 |
Electricity sales to distributors |
62,718 |
48,016 |
30.6 |
83,935 |
140,456 |
(40.2) |
Use of the main distribution grid |
1,568,245 |
1,383,344 |
13.4 |
4,774,303 |
3,918,209 |
21.8 |
Construction revenue |
642,002 |
608,079 |
5.6 |
1,860,097 |
1,665,959 |
11.7 |
Fair value of assets from the indemnity for the concession |
17,190 |
8,284 |
107.5 |
49,467 |
41,897 |
18.1 |
Sectorial assets and liabilities result |
420,709 |
273,257 |
54.0 |
566,185 |
879,709 |
(35.6) |
Other operating revenues |
159,417 |
140,133 |
13.8 |
386,291 |
373,748 |
3.4 |
OPERATING COSTS AND EXPENSES |
(3,893,834) |
(3,870,778) |
0.6 |
(11,163,695) |
(10,430,291) |
7.0 |
Electricity purchased for resale |
(1,910,333) |
(1,528,666) |
25.0 |
(5,222,496) |
(4,489,552) |
16.3 |
Charges of main transmission grid |
(676,178) |
(731,154) |
(7.5) |
(2,113,943) |
(1,971,815) |
7.2 |
Personnel and management |
(166,337) |
(545,302) |
(69.5) |
(514,553) |
(983,750) |
(47.7) |
Pension and healthcare plans |
(41,217) |
(41,429) |
(0.5) |
(129,216) |
(125,133) |
3.3 |
Materials and supplies |
(15,409) |
(17,244) |
(10.6) |
(46,026) |
(48,957) |
(6.0) |
Third-party services |
(187,818) |
(163,376) |
15.0 |
(519,102) |
(467,631) |
11.0 |
Depreciation and amortization |
(152,595) |
(132,378) |
15.3 |
(433,938) |
(385,557) |
12.5 |
Provisions and reversals |
(46,879) |
(69,140) |
(32.2) |
(188,091) |
(146,437) |
28.4 |
Construction cost |
(642,002) |
(608,079) |
5.6 |
(1,860,097) |
(1,665,959) |
11.7 |
Other cost and expenses |
(55,066) |
(34,010) |
61.9 |
(136,233) |
(145,500) |
(6.4) |
PROFIT BEFORE FINANCIAL RESULTS AND TAXES |
458,531 |
37,214 |
1,132.1 |
1,392,372 |
639,242 |
117.8 |
FINANCIAL RESULTS |
(103,031) |
(125,173) |
(17.7) |
(381,617) |
(330,968) |
15.3 |
Financial income |
162,905 |
110,327 |
47.7 |
367,811 |
364,640 |
0.9 |
Financial expenses |
(265,936) |
(235,500) |
12.9 |
(749,428) |
(695,608) |
7.7 |
OPERATIONAL EXPENSES/ INCOME |
355,500 |
(87,959) |
(504.2) |
1,010,755 |
308,274 |
227.9 |
INCOME TAX AND SOCIAL CONTRIBUTION ON PROFIT |
(111,695) |
92,569 |
(220.7) |
(317,165) |
(2,444) |
12,877.3 |
Income tax and social contribution on profit |
- |
1,474 |
(100.0) |
- |
(75,140) |
(100.0) |
Deferred income tax and social contribution on profit |
(111,695) |
91,095 |
(222.6) |
(317,165) |
72,696 |
(536.3) |
NET INCOME (LOSS) |
243,805 |
4,610 |
5,188.6 |
693,590 |
305,830 |
126.8 |
EBITDA |
611,126 |
169,592 |
260.4 |
1,826,310 |
1,024,799 |
78.2 |
Exhibit II- RESULT BY SUBSIDIARY > COPEL DIS |
|
|
|
|
R$'000 |
OPERATING REVENUE |
3Q24 |
3Q23 |
Δ% |
9M24 |
9M23 |
Δ% |
Electricity sales to final customers |
1,816,194 |
1,746,138 |
4.0 |
5,831,298 |
4,816,963 |
21.1 |
Residential |
866,777 |
783,534 |
10.6 |
2,736,461 |
2,133,650 |
28.3 |
Industrial |
173,431 |
198,150 |
(12.5) |
527,212 |
533,185 |
(1.1) |
Commercial, service and other activities |
416,827 |
404,894 |
2.9 |
1,371,374 |
1,143,960 |
19.9 |
Rural |
183,580 |
173,464 |
5.8 |
615,340 |
492,363 |
25.0 |
Public Sector |
63,484 |
58,749 |
8.1 |
212,449 |
165,383 |
28.5 |
Street lightining |
50,113 |
47,619 |
5.2 |
141,632 |
132,914 |
6.6 |
Public Service |
61,982 |
79,728 |
(22.3) |
226,830 |
215,508 |
5.3 |
Donations and subsidies |
283,646 |
228,204 |
24.3 |
826,980 |
652,981 |
26.6 |
Electricity sales to distributors |
65,329 |
50,123 |
30.3 |
88,072 |
146,659 |
(39.9) |
Bilateral contracts |
4,068 |
4,952 |
(17.9) |
16,471 |
15,172 |
8.6 |
Electricity Trading Chamber - CCEE |
61,261 |
45,171 |
35.6 |
71,601 |
131,487 |
- |
Use of the main distribution grid |
2,920,059 |
2,618,520 |
11.5 |
8,874,798 |
7,345,705 |
20.8 |
Residential |
957,338 |
836,588 |
14.4 |
2,962,998 |
2,341,546 |
26.5 |
Industrial |
338,325 |
307,627 |
10.0 |
965,024 |
763,599 |
26.4 |
Commercial, service and other activities |
521,217 |
472,809 |
10.2 |
1,644,790 |
1,339,634 |
22.8 |
Rural |
208,072 |
189,694 |
9.7 |
679,621 |
565,426 |
20.2 |
Public Sector |
75,184 |
66,894 |
12.4 |
241,233 |
192,317 |
25.4 |
Street lightining |
52,129 |
52,210 |
(0.2) |
152,137 |
150,045 |
1.4 |
Public Service |
57,505 |
64,914 |
(11.4) |
194,389 |
179,616 |
8.2 |
Free Market |
666,994 |
588,220 |
13.4 |
1,912,089 |
1,712,820 |
11.6 |
Dealers and generators |
43,295 |
39,564 |
9.4 |
122,517 |
100,702 |
21.7 |
Construction Revenue |
642,002 |
608,079 |
5.6 |
1,860,097 |
1,665,959 |
11.7 |
Fair value of assets from the indemnity for the concession |
17,190 |
8,284 |
107.5 |
49,467 |
41,898 |
18.1 |
Sectorial assets and liabilities result |
463,591 |
301,109 |
54.0 |
623,895 |
969,376 |
(35.6) |
Other operating income |
175,668 |
154,416 |
13.8 |
425,665 |
412,810 |
3.1 |
Leases and rentals |
162,847 |
112,820 |
44.3 |
404,046 |
338,573 |
19.3 |
Income from the provision of services |
1,942 |
(1,133) |
- |
3,696 |
4,619 |
(20.0) |
Other income |
10,879 |
42,729 |
- |
17,923 |
69,618 |
(74.3) |
RECEITA OPERACIONAL BRUTA |
6,383,679 |
5,714,873 |
11.7 |
18,580,272 |
16,052,351 |
15.7 |
(-) Tributos e deduções |
(2,031,314) |
(1,806,881) |
12.4 |
(6,024,205) |
(4,982,818) |
20.9 |
(-) PIS/PASEP e COFINS |
(453,255) |
(406,685) |
11.5 |
(1,315,394) |
(1,161,128) |
13.3 |
(-) ICMS |
(794,979) |
(680,989) |
16.7 |
(2,436,437) |
(1,744,143) |
39.7 |
(-) Encargos Setoriais |
(783,080) |
(719,207) |
8.9 |
(2,272,374) |
(2,077,534) |
9.4 |
(-) ISS |
- |
- |
- |
- |
(13) |
- |
NET OPERATING REVENUES |
4,352,365 |
3,907,992 |
11.4 |
12,556,067 |
11,069,533 |
13.4 |
Exhibit II- RESULT BY SUBSIDIARY > COPEL COM (MERCADO LIVRE) |
|
|
|
|
R$'000 |
Income Statement |
3Q24 |
3Q23 |
Δ% |
9M24 |
9M23 |
Δ% |
OPERATING REVENUES |
901,385 |
987,856 |
(8.8) |
2,590,380 |
3,019,731 |
(14.2) |
Electricity sales to final customers |
488,576 |
577,462 |
(15.4) |
1,420,544 |
1,705,263 |
(16.7) |
Electricity sales to distributors |
410,894 |
438,200 |
(6.2) |
1,167,170 |
1,306,933 |
(10.7) |
Other operating revenues |
1,915 |
(27,807) |
(106.9) |
2,666 |
7,535 |
(64.6) |
OPERATING COSTS AND EXPENSES |
(880,878) |
(1,008,263) |
(12.6) |
(2,549,093) |
(2,931,809) |
(13.1) |
Electricity purchased for resale |
(871,755) |
(994,997) |
(12.4) |
(2,523,054) |
(2,901,011) |
(13.0) |
Personnel and management |
(3,591) |
(8,351) |
(57.0) |
(11,152) |
(17,463) |
(36.1) |
Pension and healthcare plans |
(429) |
(443) |
(3.1) |
(1,321) |
(1,424) |
(7.2) |
Materials and supplies |
(14) |
(27) |
(49.7) |
(48) |
(60) |
(20.0) |
Third-party services |
(1,847) |
(747) |
147.4 |
(4,253) |
(2,887) |
47.3 |
Depreciation and amortization |
(443) |
(433) |
2.2 |
(1,313) |
(1,563) |
(16.0) |
Provisions and reversals |
(1,847) |
(2,006) |
(7.9) |
(4,436) |
(3,255) |
36.3 |
Other cost and expenses |
(953) |
(1,259) |
(24.3) |
(3,516) |
(4,146) |
(15.2) |
PROFIT BEFORE FINANCIAL RESULTS AND TAXES |
20,508 |
(20,407) |
(200.5) |
41,287 |
87,922 |
(53.0) |
FINANCIAL RESULTS |
10,626 |
9,849 |
7.9 |
29,924 |
27,734 |
7.9 |
Financial income |
10,731 |
9,961 |
7.7 |
30,166 |
27,998 |
7.7 |
Financial expenses |
(105) |
(112) |
(6.5) |
(242) |
(264) |
(8.4) |
OPERATIONAL EXPENSES/ INCOME |
31,134 |
(10,558) |
(394.9) |
71,211 |
115,656 |
(38.4) |
INCOME TAX AND SOCIAL CONTRIBUTION ON PROFIT |
(10,667) |
3,596 |
(396.7) |
(23,980) |
(34,780) |
(31.1) |
Income tax and social contribution on profit |
(4,893) |
(7,433) |
(34.2) |
(32,723) |
(27,849) |
17.5 |
Deferred income tax and social contribution on profit |
(5,774) |
11,029 |
(152.4) |
8,743 |
(6,931) |
(226.1) |
NET INCOME (LOSS) |
20,467 |
(6,962) |
(394.0) |
47,231 |
80,876 |
(41.6) |
EBITDA |
20,951 |
(19,974) |
(204.9) |
42,600 |
89,485 |
(52.4) |
Exhibit II- RESULT BY SUBSIDIARY > INCOME STATEMENT FOR THE QUARTER BY COMPANY |
R$'000 |
Income
Statement 3Q24 |
GET |
Distribuição |
Compagas |
Elejor |
UEG
Araucária |
Serviços |
Wind
Farms |
FDA |
Bela
Vista |
C.
Oeste, Marumbi, Uirapuru |
Mercado
Livre |
Holding |
Elimination |
Consolidated |
Geração |
Transmissão |
NET
OPERATING INCOME |
528,893 |
211,441 |
4,352,365 |
155,965 |
19,880 |
- |
2,920 |
182,149 |
156,887 |
9,425 |
21,098 |
901,383 |
- |
(806,798) |
5,735,608 |
Electricity
sales to final customers |
- |
- |
1,482,084 |
- |
- |
- |
- |
- |
- |
- |
- |
488,575 |
- |
(325) |
1,970,334 |
Electricity
sales to distributors |
517,630 |
- |
62,717 |
- |
19,760 |
- |
- |
182,150 |
156,884 |
9,425 |
- |
410,894 |
- |
(524,803) |
834,657 |
Use
of the main distribution and transmission grid (TUSD/ TUST) |
- |
187,755 |
1,568,245 |
- |
- |
- |
- |
- |
- |
- |
18,665 |
- |
- |
(114,573) |
1,660,092 |
Construction
revenue |
- |
16,588 |
642,002 |
3,287 |
- |
- |
- |
- |
- |
- |
2,426 |
- |
- |
(3,287) |
661,016 |
Fair
value of assets from the indemnity for the concession |
- |
- |
17,190 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
17,190 |
Distribution
of piped gas |
- |
- |
- |
152,678 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
(152,678) |
- |
Sectoral
assets and liabilities result |
- |
- |
420,709 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
420,709 |
Other
operating revenues |
11,263 |
7,098 |
159,418 |
- |
120 |
- |
2,920 |
(1) |
3 |
- |
7 |
1,914 |
- |
(11,132) |
171,610 |
OPERATING
COSTS AND EXPENSES |
(187,540) |
(6,451) |
(3,893,834) |
(140,556) |
(26,214) |
- |
(2,072) |
(160,633) |
(71,122) |
(5,796) |
(4,457) |
(880,878) |
(62,277) |
801,310 |
(4,640,519) |
Energy
purchased for resale |
(37,649) |
- |
(1,910,333) |
- |
(2,871) |
- |
- |
(19,446) |
(7,404) |
(1,572) |
- |
(871,755) |
- |
523,048 |
(2,327,982) |
Charges
of the main distribution and transmission grid |
(89,832) |
- |
(676,178) |
- |
(6,104) |
- |
- |
(17,327) |
(38,231) |
(345) |
- |
- |
- |
113,953 |
(714,064) |
Personnel
and management |
(47,883) |
(35,249) |
(166,338) |
(7,703) |
(1,547) |
- |
(39) |
(3,726) |
(525) |
(140) |
(166) |
(3,591) |
(19,724) |
7,702 |
(278,929) |
Private
pension and health plans |
(10,666) |
(7,796) |
(41,217) |
(1,003) |
(40) |
- |
(6) |
(581) |
(82) |
(22) |
(26) |
(429) |
(2,426) |
1,003 |
(63,291) |
Materials
and supplies |
(2,931) |
(1,969) |
(15,409) |
(449) |
(138) |
- |
- |
(724) |
(346) |
(21) |
(31) |
(14) |
(502) |
441 |
(22,093) |
Materials
and supplies for power eletricity |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Natural
gas and supplies for gas business |
- |
- |
- |
(113,280) |
- |
- |
- |
- |
- |
- |
- |
- |
- |
113,280 |
- |
Third-party
services |
(24,009) |
(12,365) |
(187,818) |
(1,166) |
(4,684) |
- |
(972) |
(31,746) |
(9,371) |
(688) |
(1,182) |
(1,847) |
(11,753) |
12,988 |
(274,613) |
Depreciation
and amortization |
(89,870) |
(4,403) |
(152,595) |
(4,752) |
(7,972) |
- |
(1,053) |
(69,143) |
(31,885) |
(2,847) |
(11) |
(443) |
(843) |
(2,597) |
(368,414) |
Provisions
and reversals |
(10,873) |
(5,082) |
(46,881) |
(5,019) |
- |
- |
- |
(285) |
- |
- |
(356) |
(1,847) |
(20,182) |
22,145 |
(68,379) |
Construction
cost |
- |
(13,987) |
(642,002) |
(3,287) |
- |
- |
- |
- |
- |
- |
(2,403) |
- |
- |
3,287 |
(658,392) |
Other
operating costs and expenses |
126,173 |
74,400 |
(55,063) |
(3,897) |
(2,858) |
- |
(2) |
(17,655) |
16,722 |
(161) |
(282) |
(952) |
(6,847) |
6,060 |
135,638 |
EQUITY
IN EARNINGS OF SUBSIDIARIES |
53,839 |
70,463 |
- |
- |
- |
- |
- |
5,422 |
- |
- |
- |
- |
673,175 |
(739,689) |
63,210 |
EARNINGS
BEFORE INCOME TAXES |
395,192 |
275,453 |
458,531 |
15,409 |
(6,334) |
- |
848 |
26,938 |
85,765 |
3,629 |
16,641 |
20,505 |
610,898 |
(745,177) |
1,158,299 |
FINANCIAL
RESULTS |
(76,970) |
(50,400) |
(103,031) |
(5,518) |
(29,724) |
- |
(1,043) |
(14,328) |
5,391 |
1,151 |
1,238 |
10,626 |
34,711 |
5,519 |
(222,378) |
Financial
income |
35,847 |
21,724 |
162,905 |
4,279 |
4,628 |
- |
1,230 |
40,722 |
5,526 |
1,151 |
1,741 |
10,731 |
47,308 |
(6,600) |
331,192 |
Financial
expenses |
(112,817) |
(72,124) |
(265,936) |
(9,797) |
(34,352) |
- |
(2,273) |
(55,050) |
(135) |
- |
(503) |
(105) |
(12,597) |
12,119 |
(553,570) |
OPERATIONAL
EXPENSES / INCOME |
318,222 |
225,053 |
355,500 |
9,891 |
(36,058) |
- |
(195) |
12,610 |
91,156 |
4,780 |
17,879 |
31,131 |
645,609 |
(739,658) |
935,921 |
INCOME
TAX AND SOCIAL CONTRIBUTION ON PROFIT |
(83,874) |
(55,059) |
(111,695) |
(3,698) |
12,252 |
- |
(780) |
(17,222) |
(30,987) |
(686) |
(1,169) |
(10,667) |
98,947 |
6,097 |
(198,541) |
NET
INCOME continuing operations |
234,348 |
169,994 |
243,805 |
6,193 |
(23,806) |
- |
(975) |
(4,612) |
60,169 |
4,094 |
16,710 |
20,464 |
744,556 |
(733,561) |
737,380 |
NET
INCOME discontinued operations |
12,004 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
475,104 |
(7,399) |
479,709 |
NET
INCOME |
246,352 |
169,994 |
243,805 |
6,193 |
(23,806) |
- |
(975) |
(4,612) |
60,169 |
4,094 |
16,710 |
20,464 |
1,219,660 |
(740,960) |
1,217,089 |
Attributed
to shareholders of the parent company - continuing operations |
234,348 |
169,994 |
243,805 |
- |
(16,902) |
- |
(975) |
(4,612) |
60,169 |
4,094 |
16,710 |
20,464 |
771,712 |
(754,251) |
744,556 |
Attributed
to the controlling company's shareholders - discontinued operations |
12,004 |
- |
- |
3,158 |
- |
- |
- |
- |
- |
- |
- |
- |
447,948 |
11,994 |
475,104 |
Attributed to non-controlling
shareholders - continuing operations |
- |
- |
- |
- |
(6,904) |
- |
- |
- |
- |
- |
- |
- |
- |
(238) |
(7,142) |
Attributed to non-controlling shareholders -
discontinued operations |
- |
- |
- |
3,035 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
1,536 |
4,571 |
EBITDA
continuing operations |
485,062 |
279,856 |
611,126 |
20,161 |
1,638 |
- |
1,901 |
96,081 |
117,650 |
6,476 |
16,652 |
20,948 |
611,741 |
(742,580) |
1,526,713 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
R$'000 |
Income
Statement 3Q23 |
GET |
Distribuição |
Compagas |
Elejor |
UEG
Araucária |
Serviços |
Wind
Farms |
FDA |
Bela
Vista |
C.
Oeste, Marumbi, Uirapuru |
Mercado
Livre |
Holding |
Elimination |
Consolidated |
Geração |
Transmissão |
NET OPERATING
INCOME |
704,719 |
240,649 |
3,907,992 |
242,573 |
31,036 |
- |
- |
199,932 |
213,301 |
7,129 |
15,481 |
987,856 |
- |
(1,006,679) |
5,543,989 |
Electricity
sales to final customers |
- |
- |
1,446,878 |
- |
- |
- |
- |
- |
- |
- |
- |
577,462 |
- |
(403) |
2,023,937 |
Electricity
sales to distributors |
688,765 |
- |
48,015 |
- |
30,789 |
- |
- |
199,931 |
213,298 |
7,129 |
- |
438,200 |
- |
(627,527) |
998,600 |
Use
of the main distribution and transmission grid (TUSD/ TUST) |
- |
224,613 |
1,383,343 |
- |
- |
- |
- |
- |
- |
- |
16,342 |
- |
- |
(121,770) |
1,502,528 |
Construction
revenue |
- |
9,442 |
608,079 |
4,265 |
- |
- |
- |
- |
- |
- |
(868) |
- |
- |
(4,265) |
616,653 |
Fair
value of assets from the indemnity for the concession |
- |
- |
8,283 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
8,283 |
Distribution
of piped gas |
- |
- |
- |
238,304 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
(238,304) |
- |
Sectoral
assets and liabilities result |
- |
- |
273,256 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
273,256 |
Other
operating revenues |
15,954 |
6,594 |
140,138 |
4 |
247 |
- |
- |
1 |
3 |
- |
7 |
(27,806) |
- |
(14,410) |
120,732 |
OPERATING
COSTS AND EXPENSES |
(496,114) |
(187,398) |
(3,870,778) |
(202,225) |
(23,651) |
(22,213) |
357 |
(129,313) |
(126,847) |
(4,499) |
(1,590) |
(1,008,263) |
(70,976) |
983,228 |
(5,160,282) |
Energy
purchased for resale |
(58,963) |
- |
(1,528,666) |
- |
(26) |
- |
- |
(6,421) |
(34,156) |
(61) |
- |
(994,997) |
- |
627,731 |
(1,995,559) |
Charges
of the main distribution and transmission grid |
(91,681) |
- |
(731,154) |
- |
(6,225) |
(9,051) |
- |
(16,270) |
(40,620) |
(337) |
- |
- |
- |
130,486 |
(764,852) |
Personnel
and management |
(156,490) |
(114,062) |
(545,301) |
(12,617) |
(1,278) |
(1,439) |
(15) |
(4,479) |
(629) |
(297) |
(206) |
(8,351) |
(28,037) |
14,059 |
(859,142) |
Private
pension and health plans |
(11,318) |
(8,154) |
(41,429) |
(1,555) |
(44) |
(166) |
(2) |
(620) |
(87) |
(24) |
(29) |
(443) |
(2,130) |
1,721 |
(64,280) |
Materials |
(3,755) |
(1,289) |
(17,244) |
(609) |
(31) |
(10) |
- |
(570) |
(242) |
(4) |
(12) |
(27) |
(324) |
620 |
(23,497) |
Raw
material and supplies - energy production |
(7,175) |
- |
- |
- |
- |
(432) |
- |
- |
- |
- |
- |
- |
- |
432 |
(7,175) |
Natural
gas and supplies for gas business |
- |
- |
- |
(165,473) |
- |
- |
- |
- |
- |
- |
- |
- |
- |
165,473 |
- |
Third-party
services |
(28,990) |
(13,071) |
(163,375) |
(3,942) |
(3,912) |
(5,737) |
(132) |
(24,602) |
(8,946) |
(688) |
(1,628) |
(747) |
(31,678) |
21,763 |
(265,685) |
Depreciation
and amortization |
(94,804) |
(4,246) |
(132,378) |
(10,732) |
(8,379) |
(5,250) |
(373) |
(64,275) |
(31,897) |
(2,860) |
(12) |
(433) |
(768) |
8,629 |
(347,778) |
Provisions
and reversals |
(39,468) |
(36,124) |
(69,140) |
734 |
- |
(3) |
- |
(161) |
- |
- |
(283) |
(2,006) |
633 |
4,647 |
(141,171) |
Construction
cost |
- |
(7,800) |
(608,079) |
(4,265) |
- |
- |
- |
- |
- |
- |
868 |
- |
- |
4,265 |
(615,011) |
Other
operating costs and expenses |
(3,470) |
(2,652) |
(34,012) |
(3,766) |
(3,756) |
(125) |
879 |
(11,915) |
(10,270) |
(228) |
(288) |
(1,259) |
(8,672) |
3,402 |
(76,132) |
EQUITY
IN EARNINGS OF SUBSIDIARIES |
93,239 |
79,666 |
- |
- |
- |
- |
- |
42,565 |
- |
- |
- |
- |
434,934 |
(582,562) |
67,842 |
EARNINGS
BEFORE INCOME TAXES |
301,845 |
132,917 |
37,214 |
40,348 |
7,385 |
(22,213) |
357 |
113,184 |
86,454 |
2,630 |
13,891 |
(20,407) |
363,958 |
(606,014) |
451,549 |
FINANCIAL
RESULTS |
(94,132) |
(58,596) |
(125,173) |
(4,244) |
(13,798) |
(510) |
(140) |
(19,280) |
6,546 |
841 |
1,475 |
9,849 |
(30,399) |
4,751 |
(322,810) |
Financial
income |
26,303 |
14,934 |
110,327 |
11,267 |
18,396 |
1,125 |
86 |
32,205 |
6,726 |
842 |
2,115 |
9,961 |
42,933 |
(13,042) |
264,178 |
Financial
expenses |
(120,435) |
(73,530) |
(235,500) |
(15,511) |
(32,194) |
(1,635) |
(226) |
(51,485) |
(180) |
(1) |
(640) |
(112) |
(73,332) |
17,793 |
(586,988) |
OPERATIONAL
EXPENSES / INCOME |
207,714 |
74,321 |
(87,959) |
36,104 |
(6,413) |
(22,723) |
217 |
93,904 |
93,000 |
3,471 |
15,366 |
(10,558) |
333,559 |
(601,264) |
128,739 |
INCOME
TAX AND SOCIAL CONTRIBUTION ON PROFIT |
97,453 |
57,675 |
92,569 |
(12,649) |
1,528 |
- |
- |
(16,541) |
(31,495) |
(508) |
(1,223) |
3,596 |
108,335 |
9,421 |
308,161 |
NET
INCOME continuing operations |
305,167 |
131,996 |
4,610 |
23,455 |
(4,885) |
(22,723) |
217 |
77,363 |
61,505 |
2,963 |
14,143 |
(6,962) |
441,894 |
(591,843) |
436,900 |
NET
INCOME discontinued operations |
(13,839) |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
(6,489) |
24,591 |
4,263 |
NET
INCOME |
291,327 |
126,370 |
4,610 |
23,455 |
(4,885) |
(22,723) |
217 |
77,363 |
61,505 |
2,963 |
14,143 |
(6,962) |
435,405 |
(561,625) |
441,163 |
Attributed
to shareholders of the parent company - continuing operations |
305,166 |
126,370 |
4,610 |
- |
(3,420) |
- |
217 |
77,363 |
61,505 |
2,963 |
14,143 |
(6,962) |
428,056 |
(568,117) |
441,894 |
Attributed
to the controlling company's shareholders - discontinued operations |
(13,839) |
- |
- |
11,962 |
- |
(18,451) |
- |
- |
- |
- |
- |
- |
7,349 |
6,490 |
(6,489) |
Attributed to non-controlling
shareholders - continuing operations |
- |
- |
- |
- |
(1,465) |
- |
- |
- |
- |
- |
- |
- |
- |
- |
(1,465) |
Attributed to non-controlling shareholders -
discontinued operations |
- |
- |
- |
11,493 |
- |
(4,272) |
- |
- |
- |
- |
- |
- |
- |
- |
7,223 |
EBITDA
continuing operations |
396,649 |
137,163 |
169,592 |
51,080 |
15,764 |
(16,963) |
730 |
177,459 |
118,351 |
5,490 |
13,903 |
(19,974) |
364,726 |
(614,643) |
799,327 |
Exhibit II- RESULT BY SUBSIDIARY > INCOME STATEMENT BY COMPANY ACCUMULATED |
R$'000 |
Income
Statement 9M24 |
GET |
Distribuição |
Compagas |
Elejor |
UEG
Araucária |
Serviços |
Wind
Farms |
FDA |
Bela
Vista |
C.
Oeste, Marumbi, Uirapuru |
Mercado
Livre |
Holding |
Elimination |
Consolidated |
Geração |
Transmissão |
NET
OPERATING INCOME |
1,588,303 |
724,766 |
12,556,067 |
562,129 |
67,212 |
- |
3,093 |
542,593 |
416,916 |
26,594 |
59,742 |
2,590,380 |
- |
(2,505,923) |
16,631,872 |
Electricity
sales to final customers |
- |
- |
4,835,789 |
- |
- |
- |
- |
- |
- |
- |
- |
1,420,544 |
- |
(1,065) |
6,255,268 |
Electricity
sales to distributors |
1,547,071 |
- |
83,935 |
- |
66,834 |
- |
- |
538,443 |
416,908 |
26,594 |
- |
1,167,170 |
- |
(1,545,462) |
2,301,493 |
Use
of the main distribution and transmission grid (TUSD/ TUST) |
- |
656,585 |
4,774,303 |
- |
- |
- |
- |
- |
- |
- |
58,828 |
- |
- |
(356,412) |
5,133,304 |
Construction
revenue |
- |
47,995 |
1,860,097 |
13,618 |
- |
- |
- |
- |
- |
- |
893 |
- |
- |
(13,618) |
1,908,985 |
Fair
value of assets from the indemnity for the concession |
- |
- |
49,467 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
49,467 |
Distribution
of piped gas |
- |
- |
- |
548,511 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
(548,511) |
- |
Sectoral
assets and liabilities result |
- |
- |
566,185 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
566,185 |
Other
operating revenues |
41,232 |
20,186 |
386,291 |
- |
378 |
- |
3,093 |
4,150 |
8 |
- |
21 |
2,666 |
- |
(40,855) |
417,170 |
OPERATING
COSTS AND EXPENSES |
(806,253) |
(173,188) |
(11,163,695) |
(503,516) |
(71,378) |
(44,679) |
(4,340) |
(455,323) |
(260,488) |
(14,964) |
(7,342) |
(2,549,093) |
(166,560) |
2,505,166 |
(13,715,653) |
Energy
purchased for resale |
(53,356) |
- |
(5,222,496) |
- |
(2,928) |
- |
- |
(47,088) |
(9,559) |
(1,991) |
- |
(2,523,054) |
- |
1,546,089 |
(6,314,383) |
Charges
of the main distribution and transmission grid |
(275,413) |
- |
(2,113,943) |
- |
(18,726) |
(18,392) |
- |
(49,679) |
(119,233) |
(1,033) |
- |
- |
- |
373,997 |
(2,222,422) |
Personnel
and management |
(152,031) |
(112,000) |
(514,553) |
(33,621) |
(4,255) |
(3,124) |
(128) |
(11,765) |
(1,661) |
(447) |
(540) |
(11,152) |
(49,092) |
36,744 |
(857,625) |
Private
pension and health plans |
(33,753) |
(24,664) |
(129,216) |
(4,083) |
(124) |
(364) |
(21) |
(1,783) |
(253) |
(68) |
(83) |
(1,321) |
(7,702) |
4,447 |
(198,988) |
Materials
and supplies |
(6,794) |
(3,818) |
(46,026) |
(416) |
(239) |
(18) |
(16) |
(2,596) |
(1,182) |
(87) |
(72) |
(48) |
(1,350) |
426 |
(62,236) |
Materials
and supplies for power eletricity |
(936) |
- |
- |
- |
- |
(944) |
- |
- |
- |
- |
- |
- |
- |
944 |
(936) |
Natural
gas and supplies for gas business |
- |
- |
- |
(397,554) |
- |
- |
- |
- |
- |
- |
- |
- |
- |
397,554 |
- |
Third-party
services |
(67,174) |
(37,982) |
(519,102) |
(10,650) |
(12,598) |
(9,842) |
(2,533) |
(96,707) |
(27,186) |
(2,263) |
(4,588) |
(4,253) |
(35,198) |
57,397 |
(772,679) |
Depreciation
and amortization |
(280,055) |
(12,450) |
(433,938) |
(27,146) |
(24,232) |
(10,316) |
(1,729) |
(206,666) |
(95,773) |
(8,540) |
(33) |
(1,313) |
(2,420) |
15,414 |
(1,089,197) |
Provisions
and reversals |
(16,938) |
(10,202) |
(188,091) |
(7,541) |
- |
(176) |
- |
(445) |
(7) |
(38) |
(293) |
(4,436) |
(49,357) |
49,569 |
(227,955) |
Construction
cost |
- |
(41,077) |
(1,860,097) |
(13,618) |
- |
- |
- |
- |
- |
- |
(867) |
- |
- |
13,618 |
(1,902,041) |
Other
operating costs and expenses |
80,197 |
69,005 |
(136,233) |
(8,887) |
(8,276) |
(1,503) |
87 |
(38,594) |
(5,634) |
(497) |
(866) |
(3,516) |
(21,441) |
8,967 |
(67,191) |
EQUITY
IN EARNINGS OF SUBSIDIARIES |
83,246 |
269,437 |
- |
- |
- |
- |
- |
(10,003) |
- |
- |
- |
- |
1,825,750 |
(1,943,032) |
225,398 |
EARNINGS
BEFORE INCOME TAXES |
865,296 |
821,015 |
1,392,372 |
58,613 |
(4,166) |
(44,679) |
(1,247) |
77,267 |
156,428 |
11,630 |
52,400 |
41,287 |
1,659,190 |
(1,943,789) |
3,141,617 |
FINANCIAL
RESULTS |
(231,737) |
(161,521) |
(381,617) |
(10,607) |
(73,886) |
(4,372) |
(487) |
(82,874) |
22,036 |
3,156 |
5,061 |
29,924 |
95,876 |
10,811 |
(780,237) |
Financial
income |
88,115 |
54,876 |
367,811 |
29,114 |
29,394 |
1,068 |
2,063 |
101,948 |
22,474 |
3,111 |
6,617 |
30,166 |
157,457 |
(36,985) |
857,229 |
Financial
expenses |
(319,852) |
(216,397) |
(749,428) |
(39,721) |
(103,280) |
(5,440) |
(2,550) |
(184,822) |
(438) |
45 |
(1,556) |
(242) |
(61,581) |
47,796 |
(1,637,466) |
OPERATIONAL
EXPENSES / INCOME |
633,559 |
659,494 |
1,010,755 |
48,006 |
(78,052) |
(49,051) |
(1,734) |
(5,607) |
178,464 |
14,786 |
57,461 |
71,211 |
1,755,066 |
(1,932,978) |
2,361,380 |
INCOME
TAX AND SOCIAL CONTRIBUTION ON PROFIT |
(122,134) |
(86,568) |
(317,165) |
(17,301) |
26,532 |
- |
(1,117) |
(47,565) |
(60,653) |
(1,890) |
(4,079) |
(23,980) |
4,369 |
22,806 |
(628,745) |
NET
INCOME continuing operations |
511,425 |
572,926 |
693,590 |
30,705 |
(51,520) |
(49,051) |
(2,851) |
(53,172) |
117,811 |
12,896 |
53,382 |
47,231 |
1,759,435 |
(1,910,172) |
1,732,635 |
NET
INCOME discontinued operations |
(11,586) |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
463,690 |
39,467 |
491,571 |
NET
INCOME |
499,839 |
572,926 |
693,590 |
30,705 |
(51,520) |
(49,051) |
(2,851) |
(53,172) |
117,811 |
12,896 |
53,382 |
47,231 |
2,223,125 |
(1,870,705) |
2,224,206 |
Attributed
to shareholders of the parent company - continuing operations |
511,425 |
572,926 |
693,590 |
- |
(36,579) |
- |
(2,851) |
(53,172) |
117,811 |
12,896 |
53,382 |
47,231 |
1,747,850 |
(1,905,074) |
1,759,435 |
Attributed
to the controlling company's shareholders - discontinued operations |
(11,586) |
- |
- |
15,660 |
- |
(39,829) |
- |
- |
- |
- |
- |
- |
475,275 |
24,171 |
463,690 |
Attributed to non-controlling
shareholders - continuing operations |
- |
- |
- |
- |
(14,941) |
- |
- |
- |
- |
- |
- |
- |
- |
(517) |
(15,458) |
Attributed to non-controlling shareholders -
discontinued operations |
- |
- |
- |
15,045 |
- |
(9,222) |
- |
- |
- |
- |
- |
- |
- |
10,715 |
16,539 |
EBITDA
continuing operations |
1,145,351 |
833,465 |
1,826,310 |
85,759 |
20,066 |
(34,363) |
482 |
283,933 |
252,201 |
20,170 |
52,433 |
42,600 |
1,661,610 |
(1,959,203) |
4,230,814 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
R$'000 |
Income
Statement 9M23 |
GET |
Distribuição |
Compagas |
Elejor |
UEG
Araucária |
Serviços |
Wind
Farms |
FDA |
Bela
Vista |
C.
Oeste, Marumbi, Uirapuru |
Mercado
Livre |
Holding |
Elimination |
Consolidated |
Geração |
Transmissão |
NET OPERATING
INCOME |
1,893,231 |
803,171 |
11,069,533 |
765,757 |
106,292 |
- |
- |
609,976 |
582,984 |
22,950 |
48,148 |
3,019,731 |
- |
(3,010,003) |
15,911,770 |
Electricity
sales to final customers |
- |
- |
4,049,555 |
- |
- |
- |
- |
- |
- |
- |
- |
1,705,263 |
- |
(1,141) |
5,753,677 |
Electricity
sales to distributors |
1,847,567 |
- |
140,456 |
- |
105,591 |
- |
- |
609,399 |
582,974 |
22,950 |
- |
1,306,933 |
- |
(1,877,160) |
2,738,710 |
Use
of the main distribution and transmission grid (TUSD/ TUST) |
- |
703,138 |
3,918,209 |
- |
- |
- |
- |
- |
- |
- |
48,466 |
- |
- |
(321,823) |
4,347,990 |
Construction
revenue |
- |
80,506 |
1,665,959 |
10,188 |
- |
- |
- |
- |
- |
- |
(338) |
- |
- |
(10,188) |
1,746,127 |
Fair
value of assets from the indemnity for the concession |
- |
- |
41,898 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
41,898 |
Distribution
of piped gas |
- |
- |
- |
755,565 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
(755,565) |
- |
Sectoral
assets and liabilities result |
- |
- |
879,709 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
879,709 |
Other
operating revenues |
45,664 |
19,527 |
373,747 |
4 |
701 |
- |
- |
577 |
10 |
- |
20 |
7,535 |
- |
(44,126) |
403,659 |
OPERATING
COSTS AND EXPENSES |
(1,157,937) |
(406,333) |
(10,430,291) |
(629,702) |
(69,017) |
(216,900) |
(827) |
(391,666) |
(336,101) |
(14,407) |
(6,822) |
(2,931,809) |
(110,806) |
3,055,146 |
(13,647,472) |
Energy
purchased for resale |
(96,974) |
- |
(4,489,552) |
- |
(1,048) |
- |
- |
(19,628) |
(61,983) |
(673) |
- |
(2,901,011) |
- |
1,876,743 |
(5,694,126) |
Charges
of the main distribution and transmission grid |
(281,841) |
- |
(1,971,815) |
- |
(17,913) |
(26,400) |
- |
(47,420) |
(119,016) |
(988) |
- |
- |
- |
346,905 |
(2,118,488) |
Personnel
and management |
(280,122) |
(204,630) |
(983,750) |
(32,780) |
(3,815) |
(4,611) |
(15) |
(13,224) |
(2,263) |
(1,001) |
(758) |
(17,463) |
(54,649) |
37,391 |
(1,561,690) |
Private
pension and health plans |
(34,577) |
(24,535) |
(125,133) |
(4,506) |
(140) |
(519) |
(2) |
(1,562) |
(264) |
(71) |
(90) |
(1,424) |
(6,411) |
5,025 |
(194,209) |
Materials |
(8,414) |
(4,043) |
(48,957) |
(1,071) |
(190) |
(32) |
- |
(1,111) |
(1,072) |
(39) |
(116) |
(60) |
(748) |
1,102 |
(64,751) |
Raw
material and supplies - energy production |
(17,654) |
- |
- |
- |
- |
(1,031) |
- |
- |
- |
- |
- |
- |
- |
1,031 |
(17,654) |
Natural
gas and supplies for gas business |
- |
- |
- |
(533,679) |
- |
- |
- |
- |
- |
- |
- |
- |
- |
533,679 |
- |
Third-party
services |
(76,962) |
(36,387) |
(467,631) |
(10,097) |
(12,442) |
(16,086) |
(382) |
(86,991) |
(27,334) |
(2,336) |
(4,911) |
(2,887) |
(47,449) |
63,543 |
(728,352) |
Depreciation
and amortization |
(284,112) |
(11,985) |
(385,557) |
(30,367) |
(25,396) |
(16,432) |
(1,457) |
(190,345) |
(95,695) |
(8,483) |
(30) |
(1,563) |
(2,250) |
26,440 |
(1,027,232) |
Provisions
and reversals |
(17,508) |
(45,483) |
(146,437) |
602 |
- |
(150,472) |
- |
2,183 |
(2) |
- |
(343) |
(3,255) |
11,651 |
144,292 |
(204,772) |
Construction
cost |
- |
(68,873) |
(1,665,959) |
(10,188) |
- |
- |
- |
- |
- |
- |
338 |
- |
- |
10,188 |
(1,734,494) |
Other
operating costs and expenses |
(59,773) |
(10,397) |
(145,500) |
(7,616) |
(8,073) |
(1,317) |
1,029 |
(33,568) |
(28,472) |
(816) |
(912) |
(4,146) |
(10,950) |
8,807 |
(301,704) |
EQUITY
IN EARNINGS OF SUBSIDIARIES |
259,457 |
274,716 |
- |
- |
- |
- |
- |
70,988 |
- |
- |
- |
- |
1,519,621 |
(1,880,107) |
244,675 |
EARNINGS
BEFORE INCOME TAXES |
994,751 |
671,554 |
639,242 |
136,055 |
37,275 |
(216,900) |
(827) |
289,298 |
246,883 |
8,543 |
41,326 |
87,922 |
1,408,815 |
(1,834,964) |
2,508,973 |
FINANCIAL
RESULTS |
(286,619) |
(231,133) |
(330,968) |
(9,171) |
(10,221) |
4,298 |
(633) |
(91,186) |
17,769 |
2,427 |
5,013 |
27,734 |
(1,471) |
4,872 |
(899,289) |
Financial
income |
80,906 |
44,733 |
364,640 |
24,872 |
85,862 |
9,201 |
359 |
102,134 |
18,255 |
2,428 |
7,053 |
27,998 |
76,069 |
(48,060) |
796,450 |
Financial
expenses |
(367,525) |
(275,866) |
(695,608) |
(34,043) |
(96,083) |
(4,903) |
(992) |
(193,320) |
(486) |
(1) |
(2,040) |
(264) |
(77,540) |
52,932 |
(1,695,739) |
OPERATIONAL
EXPENSES / INCOME |
708,132 |
440,421 |
308,274 |
126,884 |
27,054 |
(212,602) |
(1,460) |
198,112 |
264,652 |
10,970 |
46,339 |
115,656 |
1,407,344 |
(1,830,092) |
1,609,684 |
INCOME
TAX AND SOCIAL CONTRIBUTION ON PROFIT |
(15,233) |
(5,626) |
(2,444) |
(43,239) |
(6,673) |
(13,614) |
- |
(50,690) |
(89,463) |
(2,390) |
(3,959) |
(34,780) |
113,472 |
61,580 |
(93,059) |
NET
INCOME continuing operations |
692,899 |
434,795 |
305,830 |
83,645 |
20,381 |
(226,216) |
(1,460) |
147,422 |
175,189 |
8,580 |
42,380 |
80,876 |
1,520,816 |
(1,768,512) |
1,516,625 |
NET
INCOME discontinued operations |
(137,766) |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
(141,029) |
146,529 |
(132,266) |
NET
INCOME |
555,133 |
434,795 |
305,830 |
83,645 |
20,381 |
(226,216) |
(1,460) |
147,422 |
175,189 |
8,580 |
42,380 |
80,876 |
1,379,787 |
(1,621,983) |
1,384,359 |
Attributed
to shareholders of the parent company - continuing operations |
692,899 |
434,795 |
305,830 |
- |
14,267 |
- |
(1,460) |
147,422 |
175,189 |
8,580 |
42,380 |
80,876 |
1,383,050 |
(1,763,012) |
1,520,816 |
Attributed
to the controlling company's shareholders - discontinued operations |
(137,766) |
|
- |
42,659 |
- |
(183,687) |
- |
- |
- |
- |
- |
- |
(3,263) |
141,028 |
(141,029) |
Attributed to non-controlling
shareholders - continuing operations |
- |
- |
- |
- |
6,114 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
6,114 |
Attributed to non-controlling shareholders -
discontinued operations |
- |
- |
- |
40,986 |
- |
(42,529) |
- |
- |
- |
- |
- |
- |
- |
- |
(1,542) |
EBITDA
continuing operations |
1,278,863 |
683,539 |
1,024,799 |
166,422 |
62,671 |
(200,468) |
630 |
479,643 |
342,578 |
17,026 |
41,356 |
89,485 |
1,411,065 |
(1,861,404) |
3,536,205 |
Exhibit II- RESULT BY SUBSIDIARY > ASSETS BY COMPANY |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
R$'000 |
Assets
- September -2024 |
Geração
e Transmissão |
Distribuição |
Compagas |
Elejor |
UEG
Araucária |
Serviços |
Wind
Farms |
FDA |
Bela
Vista |
Costa
Oeste, Marumbi, Uirapuru |
Mercado
Livre |
Holding |
Eliminations |
Consolidated |
CURRENT |
3,179,147 |
6,701,269 |
- |
154,414 |
- |
50,684 |
1,066,276 |
312,442 |
55,366 |
95,986 |
1,197,706 |
4,473,957 |
(2,339,197) |
14,948,050 |
Cash
and cash equivalents |
1,936,356 |
1,938,809 |
- |
119,867 |
- |
41,356 |
926,444 |
223,501 |
50,464 |
68,005 |
350,620 |
1,924,809 |
(13) |
7,580,218 |
Bonds
and securities |
- |
2,259 |
- |
- |
- |
1,234 |
- |
- |
- |
- |
2,666 |
132 |
- |
6,291 |
Collaterals
and escrow accounts |
- |
9 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
9 |
Customers |
364,000 |
3,093,345 |
- |
12,010 |
- |
2,561 |
95,821 |
82,939 |
4,005 |
8,623 |
332,928 |
- |
(199,823) |
3,796,409 |
Dividends
receivable |
59,529 |
- |
- |
- |
- |
- |
305 |
- |
- |
- |
- |
2,134,763 |
(2,107,176) |
87,421 |
Sectorial
financial assets |
- |
14,074 |
- |
- |
|
- |
- |
- |
- |
- |
- |
- |
- |
14,074 |
Account
receivable related to concession |
10,636 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
10,636 |
Contract
Assets |
243,555 |
- |
- |
- |
- |
- |
- |
- |
- |
17,148 |
- |
- |
- |
260,703 |
Other
current receivables |
92,827 |
465,034 |
- |
9,090 |
- |
3,077 |
6,323 |
3,025 |
7 |
641 |
487,769 |
293,210 |
(9,130) |
1,351,873 |
Inventories |
36,393 |
104,971 |
- |
1,293 |
- |
- |
4,375 |
- |
- |
201 |
- |
- |
- |
147,233 |
Income
tax and social contribution |
50,769 |
85,601 |
- |
9,666 |
- |
2,347 |
22,801 |
1,125 |
764 |
1,165 |
23,292 |
119,788 |
- |
317,318 |
Other
current recoverable taxes |
17,092 |
955,162 |
- |
- |
- |
- |
117 |
1,263 |
19 |
- |
204 |
- |
- |
973,857 |
Prepaid
expenses |
7,222 |
34,545 |
- |
2,488 |
- |
109 |
7,420 |
589 |
107 |
203 |
211 |
969 |
- |
53,863 |
Related
parties |
13,374 |
7,460 |
- |
- |
- |
- |
2,670 |
- |
- |
- |
16 |
286 |
(23,055) |
751 |
Assets
held for sale |
347,394 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
347,394 |
NON-CURRENT |
20,474,124 |
16,788,137 |
- |
604,221 |
- |
100,900 |
7,971,556 |
399,328 |
187,537 |
494,793 |
550,368 |
22,194,642 |
(28,159,846) |
41,605,760 |
Long
Term Assets |
6,073,710 |
7,377,111 |
- |
108,424 |
- |
15,320 |
715,986 |
56,083 |
- |
494,515 |
540,219 |
618,520 |
(376,519) |
15,623,369 |
Bonds
and securities |
146,223 |
3,095 |
- |
- |
- |
- |
351,534 |
17,532 |
- |
4,727 |
- |
- |
- |
523,111 |
Other
temporary investments |
- |
- |
- |
- |
- |
14,683 |
- |
- |
- |
- |
- |
22,865 |
- |
37,548 |
Customers |
- |
120,919 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
120,919 |
Judicial
deposits |
43,602 |
199,226 |
- |
- |
- |
72 |
483 |
- |
- |
242 |
15,820 |
135,822 |
- |
395,267 |
Sectoral
financial assets |
- |
42,222 |
- |
- |
|
- |
- |
- |
- |
- |
- |
- |
- |
42,222 |
Account
receivable related to concession |
876,609 |
2,359,200 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
3,235,809 |
Contract
Assets |
4,656,520 |
2,089,303 |
- |
- |
- |
- |
- |
- |
- |
489,157 |
- |
- |
(6,919) |
7,228,061 |
Other
non-current receivables |
265,789 |
35,927 |
- |
2,508 |
- |
- |
- |
37,253 |
- |
389 |
524,328 |
290,483 |
- |
1,156,677 |
Income
tax and social contribution |
519 |
62,762 |
- |
- |
- |
- |
- |
- |
- |
- |
71 |
- |
- |
63,352 |
Deferred
income tax and social contribution |
- |
1,007,505 |
- |
100,065 |
- |
- |
- |
- |
- |
- |
- |
127,484 |
- |
1,235,054 |
Other
non-current recoverable taxes |
83,959 |
1,456,952 |
- |
- |
- |
565 |
220 |
1,298 |
- |
- |
- |
41,866 |
- |
1,584,860 |
Related
parties |
- |
- |
- |
5,851 |
- |
- |
363,749 |
- |
- |
- |
- |
- |
(369,600) |
- |
Investments |
8,557,333 |
442 |
- |
- |
- |
- |
2,719,859 |
- |
- |
- |
- |
21,553,127 |
(29,248,581) |
3,582,180 |
Property,
plant and equipment, net |
4,814,528 |
- |
- |
319,006 |
- |
81,192 |
4,484,368 |
314,080 |
182,647 |
233 |
725 |
7,551 |
- |
10,204,330 |
Intangible
assets |
936,963 |
9,241,872 |
- |
176,141 |
- |
705 |
7,064 |
28,897 |
4,890 |
45 |
5,168 |
7,757 |
1,465,254 |
11,874,756 |
Right
to use an asset |
91,590 |
168,712 |
- |
650 |
- |
3,683 |
44,279 |
268 |
- |
- |
4,256 |
7,687 |
- |
321,125 |
TOTAL |
23,653,271 |
23,489,406 |
- |
758,635 |
- |
151,584 |
9,037,832 |
711,770 |
242,903 |
590,779 |
1,748,074 |
26,668,599 |
(30,499,043) |
56,553,810 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Assets
- December 2023 |
Geração
e Transmissão |
Distribuição |
Compagas |
Elejor |
UEG
Araucária |
Serviços |
Wind
Farms |
FDA |
Bela
Vista |
Costa
Oeste, Marumbi, Uirapuru |
Mercado
Livre |
Holding |
Eliminations |
Consolidated |
CURRENT |
2,483,103 |
5,153,666 |
240,017 |
209,323 |
36,580 |
13,598 |
1,008,543 |
442,162 |
38,993 |
110,409 |
1,074,359 |
4,820,021 |
(1,915,044) |
13,715,730 |
Cash
and cash equivalents |
1,008,767 |
626,708 |
101,437 |
166,544 |
22,354 |
3,290 |
831,553 |
353,241 |
34,999 |
83,343 |
294,762 |
2,231,413 |
(123,788) |
5,634,623 |
Bonds
and securities |
- |
- |
- |
- |
- |
4,670 |
- |
- |
- |
- |
- |
93 |
- |
4,763 |
Collaterals
and escrow accounts |
- |
9 |
211 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
(211) |
9 |
Customers |
425,448 |
2,973,010 |
83,153 |
21,157 |
- |
- |
115,672 |
84,309 |
3,074 |
7,976 |
382,264 |
- |
(334,893) |
3,761,170 |
Dividends
receivable |
212,944 |
- |
- |
- |
- |
- |
19,883 |
- |
- |
- |
- |
1,942,406 |
(2,079,664) |
95,569 |
Sectorial
financial assets |
- |
15,473 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
15,473 |
Account
receivable related to concession |
9,354 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
9,354 |
Contract
Assets |
268,260 |
- |
- |
- |
- |
- |
- |
- |
- |
16,356 |
- |
- |
- |
284,616 |
Other
current receivables |
118,627 |
435,619 |
43,950 |
9,398 |
1 |
3,120 |
5,968 |
252 |
- |
653 |
383,243 |
2,431 |
(53,530) |
949,732 |
Inventories |
37,923 |
131,927 |
5,383 |
264 |
- |
16 |
4,375 |
16 |
- |
205 |
- |
- |
(5,383) |
174,726 |
Income
tax and social contribution |
150,720 |
1,259 |
5,326 |
10,217 |
13,909 |
1,937 |
19,316 |
2,586 |
491 |
1,644 |
13,516 |
113,532 |
(19,235) |
315,218 |
Other
current recoverable taxes |
18,688 |
922,450 |
8 |
- |
- |
565 |
102 |
1,180 |
23 |
- |
333 |
- |
(6) |
943,343 |
Prepaid
expenses |
11,334 |
37,807 |
549 |
1,743 |
316 |
- |
8,631 |
578 |
406 |
232 |
241 |
1,897 |
(865) |
62,869 |
Related
parties |
24,474 |
9,404 |
- |
- |
- |
- |
3,043 |
- |
- |
- |
- |
54 |
(35,639) |
1,336 |
NON-CURRENT |
196,564 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
528,195 |
738,170 |
1,462,929 |
Long
Term Assets |
20,868,273 |
16,677,461 |
783,607 |
594,827 |
386,787 |
49,078 |
8,125,742 |
452,885 |
196,589 |
491,174 |
750,631 |
20,538,876 |
(27,812,586) |
42,103,344 |
Bonds
and securities |
5,886,631 |
8,229,821 |
73,274 |
83,192 |
98,157 |
593 |
609,417 |
18,922 |
224 |
490,861 |
740,114 |
611,187 |
(498,956) |
16,343,437 |
Other
temporary investments |
136,591 |
1,005 |
- |
- |
- |
- |
330,401 |
16,388 |
- |
4,410 |
1,937 |
- |
- |
490,732 |
Customers |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
31,728 |
- |
31,728 |
Judicial
deposits |
- |
105,259 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
105,259 |
Sectoral
financial assets |
94,368 |
380,433 |
61 |
- |
41 |
593 |
81 |
- |
218 |
- |
15,647 |
143,371 |
(101) |
634,712 |
Account
receivable related to concession |
- |
15,473 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
15,473 |
Contract
Assets |
855,222 |
1,954,679 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
2,809,901 |
Other
non-current receivables |
4,639,497 |
2,201,958 |
44,039 |
- |
- |
- |
- |
- |
- |
486,451 |
- |
- |
(51,500) |
7,320,445 |
Income
tax and social contribution |
81,646 |
44,839 |
29,174 |
2,507 |
- |
- |
44 |
1,859 |
- |
- |
722,423 |
18 |
(29,170) |
853,340 |
Deferred
income tax and social contribution |
508 |
66,123 |
- |
1,301 |
- |
- |
- |
- |
- |
- |
71 |
- |
- |
68,003 |
Other
non-current recoverable taxes |
- |
1,324,670 |
- |
73,533 |
73,066 |
- |
- |
- |
- |
- |
- |
359,485 |
(73,066) |
1,757,688 |
Prepaid
expenses |
78,799 |
2,135,382 |
- |
- |
25,050 |
- |
178 |
675 |
6 |
- |
36 |
41,078 |
(25,048) |
2,256,156 |
Related
parties |
- |
- |
- |
5,851 |
- |
- |
278,713 |
- |
- |
- |
- |
35,507 |
(320,071) |
- |
Investments |
8,629,485 |
443 |
- |
- |
- |
- |
2,788,839 |
- |
- |
- |
- |
19,906,237 |
(27,813,207) |
3,511,797 |
Property,
plant and equipment, net |
5,259,216 |
- |
- |
326,291 |
288,602 |
43,881 |
4,676,981 |
318,527 |
191,085 |
247 |
770 |
8,424 |
(288,603) |
10,825,421 |
Intangible
assets |
1,028,600 |
8,317,327 |
699,697 |
184,539 |
28 |
911 |
7,267 |
115,436 |
5,280 |
66 |
5,784 |
6,336 |
798,818 |
11,170,089 |
Right
to use an asset |
64,341 |
129,870 |
10,636 |
805 |
- |
3,693 |
43,238 |
- |
- |
- |
3,963 |
6,692 |
(10,638) |
252,600 |
TOTAL |
23,351,376 |
21,831,127 |
1,023,624 |
804,150 |
423,367 |
62,676 |
9,134,285 |
895,047 |
235,582 |
601,583 |
1,824,990 |
25,358,897 |
(29,727,630) |
55,819,074 |
Exhibit II- RESULT BY SUBSIDIARY > LIABILITIES BY COMPANY |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
R$'000 |
Liabilities
- September -24 |
Geração
e Transmissão |
Distribuição |
Compagas |
Elejor |
UEG
Araucária |
Serviços |
Wind
Farms |
FDA |
Bela
Vista |
Costa
Oeste, Marumbi, Uirapuru |
Mercado
Livre |
Holding |
Eliminations |
Consolidated |
CURRENT |
3,694,586 |
6,195,893 |
- |
112,209 |
- |
12,970 |
578,555 |
99,027 |
2,446 |
8,484 |
1,123,740 |
868,100 |
(2,351,919) |
10,344,091 |
Social
charges and accruals |
127,127 |
290,023 |
- |
538 |
- |
- |
- |
- |
- |
- |
4,864 |
18,129 |
- |
440,681 |
Associated
companies and parent company |
4,899 |
11,151 |
- |
- |
- |
46 |
19,682 |
608 |
162 |
192 |
326 |
1,694 |
(38,760) |
- |
Suppliers |
276,865 |
1,752,800 |
- |
5,852 |
- |
9,410 |
70,270 |
24,717 |
1,796 |
1,150 |
345,172 |
17,722 |
(205,983) |
2,299,771 |
Income
Tax and Social Contribution payable |
- |
- |
- |
- |
- |
385 |
11,216 |
56,945 |
314 |
678 |
- |
2,135 |
- |
71,673 |
Other
taxes |
6,480 |
267,112 |
- |
557 |
- |
191 |
6,711 |
4,828 |
164 |
264 |
10,099 |
176 |
- |
296,582 |
Loans
and financing |
1,137,538 |
748,329 |
- |
- |
- |
- |
121,526 |
- |
- |
4,904 |
- |
- |
- |
2,012,297 |
Debentures |
444,732 |
837,633 |
- |
- |
- |
2,872 |
56,968 |
- |
- |
- |
- |
- |
- |
1,342,205 |
Dividends
payable |
1,529,433 |
310,904 |
- |
- |
- |
- |
7,852 |
- |
- |
- |
258,986 |
463,353 |
(2,107,176) |
463,352 |
Post
employment benefits |
24,552 |
66,714 |
- |
- |
- |
- |
- |
- |
- |
- |
128 |
4,374 |
- |
95,768 |
Customer
charges due |
23,197 |
44,124 |
- |
- |
- |
- |
- |
855 |
- |
478 |
- |
- |
- |
68,654 |
Research
and development and energy efficiency |
29,350 |
137,568 |
- |
1,699 |
- |
- |
- |
671 |
- |
623 |
- |
- |
- |
169,911 |
Payables
related to concession |
1,198 |
- |
- |
102,438 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
103,636 |
Sectorial
financial liabilities |
- |
1,205,291 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
1,205,291 |
Other
accounts payable |
13,523 |
44,682 |
- |
249 |
- |
66 |
532 |
186 |
- |
- |
172 |
565 |
- |
59,975 |
Other
bills to pay |
51,287 |
189,562 |
- |
876 |
- |
- |
283,798 |
10,217 |
10 |
195 |
503,993 |
359,952 |
- |
1,399,890 |
PIS
and Cofins to be refunded to consumers |
- |
- |
|
|
|
|
- |
|
|
- |
|
|
- |
- |
Provision
for allocation of Pis and Cofins credits |
- |
290,000 |
|
|
|
|
- |
|
|
- |
|
|
- |
290,000 |
Provisions
for litigation |
- |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Liabilities
associated with assets held for sale |
24,405 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
24,405 |
NON-CURRENT |
6,437,740 |
9,817,059 |
- |
734,777 |
- |
73,992 |
3,114,702 |
27,259 |
2,945 |
39,145 |
308,542 |
307,051 |
(120,434) |
20,742,778 |
Associated
companies and parent company |
- |
- |
- |
- |
- |
- |
351,015 |
- |
- |
- |
- |
5,851 |
(356,866) |
- |
Suppliers |
141,288 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
141,288 |
Deferred
income tax and social contribution |
1,386,079 |
- |
- |
1,109 |
- |
485 |
29,330 |
17,957 |
1,393 |
17,801 |
100,993 |
- |
283,966 |
1,839,113 |
Tax
liabilities |
- |
308,081 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
308,081 |
Loans
and financing |
1,004,517 |
2,386 |
- |
- |
- |
- |
2,082,381 |
- |
- |
16,864 |
- |
- |
- |
3,106,148 |
Debentures |
2,852,629 |
6,380,683 |
- |
- |
- |
69,687 |
463,980 |
- |
- |
- |
- |
- |
- |
9,766,979 |
Post-employment
benefits |
405,733 |
959,931 |
- |
- |
- |
- |
- |
- |
- |
- |
3,731 |
47,053 |
- |
1,416,448 |
Research
and development and energy efficiency |
- |
287,696 |
- |
- |
- |
- |
- |
9,219 |
- |
953 |
- |
- |
- |
297,868 |
Payables
related to the concession |
64,047 |
- |
- |
733,202 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
797,249 |
Sectorial
financial liabilities |
- |
- |
- |
- |
|
- |
- |
|
|
- |
- |
- |
- |
- |
Lease
liability |
83,566 |
132,526 |
- |
466 |
- |
3,820 |
47,447 |
83 |
- |
- |
4,360 |
7,598 |
- |
279,866 |
Other
payables |
61,572 |
10,619 |
- |
- |
- |
- |
138,503 |
- |
- |
- |
198,878 |
62,085 |
(61,840) |
409,817 |
PIS/Cofins
to be refunded to consumers |
- |
- |
|
|
|
|
- |
|
|
- |
|
|
- |
- |
Provision
for allocation of PIS and COFINS |
- |
1,273,646 |
|
|
|
|
- |
|
|
- |
|
|
|
1,273,646 |
Provisions
for litigation |
438,309 |
461,491 |
- |
- |
- |
- |
2,046 |
- |
1,552 |
3,527 |
580 |
184,464 |
14,306 |
1,106,275 |
EQUITY |
13,520,945 |
7,476,454 |
- |
(88,351) |
- |
64,622 |
5,344,575 |
585,484 |
237,512 |
543,150 |
315,792 |
25,493,448 |
(28,026,690) |
25,466,941 |
Attributable
to controlling shareholders |
13,520,945 |
7,476,454 |
- |
(88,351) |
- |
64,622 |
5,344,575 |
585,484 |
237,512 |
543,150 |
315,792 |
25,493,448 |
(28,000,183) |
25,493,448 |
Capital |
6,242,770 |
5,372,206 |
- |
35,503 |
- |
78,785 |
5,186,237 |
409,509 |
223,913 |
275,161 |
237,210 |
12,821,758 |
(18,061,294) |
12,821,758 |
Advance
for Future Capital Increase |
- |
|
|
|
|
|
- |
|
|
- |
|
|
|
|
Capital
reserves |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
976 |
- |
976 |
Asset
valuation adjustments |
475,551 |
(163,951) |
- |
2,152 |
- |
- |
- |
- |
- |
- |
(1,097) |
284,562 |
(312,655) |
284,562 |
Legal
Reserves |
961,538 |
335,200 |
- |
- |
- |
- |
54,684 |
58,164 |
703 |
27,949 |
28,071 |
1,625,628 |
(1,466,309) |
1,625,628 |
Profit
retention reserve |
4,742,299 |
1,239,409 |
- |
- |
- |
- |
443,457 |
- |
- |
186,658 |
4,377 |
8,996,488 |
(6,616,200) |
8,996,488 |
Additional
proposed dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Accumulated
profit |
1,098,787 |
693,590 |
- |
(126,006) |
- |
(14,163) |
(339,803) |
117,811 |
12,896 |
53,382 |
47,231 |
1,764,036 |
(1,543,725) |
1,764,036 |
Attributable
to noncontrolling interests |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
(26,507) |
(26,507) |
TOTAL |
23,653,271 |
23,489,406 |
- |
758,635 |
- |
151,584 |
9,037,832 |
711,770 |
242,903 |
590,779 |
1,748,074 |
26,668,599 |
(30,499,043) |
56,553,810 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
R$'000 |
Liabilities
- December-23 |
Geração
e Transmissão |
Distribuição |
Compagas |
Elejor |
UEG
Araucária |
Serviços |
Wind
Farms |
FDA |
Bela
Vista |
Costa
Oeste, Marumbi, Uirapuru |
Mercado
Livre |
Holding |
Eliminations |
Consolidated |
CURRENT |
2,929,672 |
5,490,743 |
206,137 |
109,350 |
49,797 |
4,033 |
549,114 |
218,002 |
3,601 |
22,804 |
932,237 |
857,164 |
(2,063,223) |
9,309,433 |
Social
charges and accruals |
290,601 |
597,160 |
9,452 |
369 |
702 |
- |
64 |
- |
- |
- |
8,736 |
30,608 |
(10,154) |
927,538 |
Associated
companies and parent company |
5,967 |
11,950 |
- |
- |
- |
54 |
30,356 |
865 |
238 |
286 |
379 |
1,841 |
(51,933) |
- |
Suppliers |
318,600 |
1,605,111 |
58,010 |
3,984 |
5,684 |
3,754 |
68,712 |
23,045 |
586 |
976 |
381,520 |
4,529 |
(320,085) |
2,154,430 |
Income
Tax and Social Contribution payable |
- |
- |
12,876 |
294 |
- |
- |
8,721 |
122,906 |
278 |
596 |
- |
183 |
(12,876) |
132,979 |
Other
taxes |
57,245 |
253,336 |
13,463 |
1,057 |
277 |
208 |
8,611 |
4,871 |
501 |
264 |
19,508 |
474 |
(13,734) |
346,083 |
Loans
and financing |
174,260 |
375,135 |
- |
- |
- |
- |
120,930 |
- |
- |
5,656 |
- |
- |
- |
675,980 |
Debentures |
607,981 |
569,700 |
81,797 |
- |
- |
- |
47,968 |
- |
- |
- |
- |
- |
(81,797) |
1,225,649 |
Dividends
payable |
1,274,433 |
460,904 |
24,314 |
- |
43,134 |
- |
40,397 |
55,460 |
1,552 |
14,151 |
185,341 |
464,147 |
(2,099,687) |
464,147 |
Post
employment benefits |
22,124 |
59,742 |
- |
- |
- |
- |
- |
- |
- |
- |
125 |
3,842 |
- |
85,833 |
Customer
charges due |
15,248 |
44,789 |
- |
- |
- |
- |
- |
1,177 |
- |
252 |
- |
- |
- |
61,466 |
Research
and development and energy efficiency |
55,130 |
262,444 |
- |
1,672 |
- |
- |
- |
369 |
- |
582 |
- |
- |
- |
320,196 |
Payables
related to concession |
2,170 |
- |
- |
99,806 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
101,976 |
Sectorial
financial liabilities |
- |
476,103 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
476,103 |
Other
accounts payable |
8,364 |
40,083 |
2,601 |
249 |
- |
17 |
487 |
- |
- |
- |
137 |
405 |
(2,601) |
49,742 |
Other
bills to pay |
97,549 |
175,695 |
3,624 |
1,919 |
- |
- |
222,868 |
9,309 |
446 |
41 |
336,491 |
15,135 |
(3,620) |
859,456 |
PIS
and Cofins to be refunded to consumers |
- |
558,591 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
558,591 |
Provisions
for litigation |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
336,000 |
- |
336,000 |
Assets
held for sale |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
533,264 |
533,264 |
NON-CURRENT |
7,673,539 |
9,557,520 |
302,821 |
730,939 |
55,959 |
4,321 |
3,080,497 |
42,991 |
2,710 |
46,555 |
550,547 |
615,579 |
(346,004) |
22,317,974 |
Associated
companies and parent company |
- |
- |
- |
- |
35,616 |
- |
265,157 |
- |
- |
- |
- |
5,851 |
(306,624) |
- |
Suppliers |
131,143 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
131,143 |
Deferred
income tax and social contribution |
1,207,009 |
- |
21,319 |
1,465 |
- |
- |
24,244 |
35,267 |
865 |
18,733 |
109,736 |
- |
268,156 |
1,686,793 |
Tax
liabilities |
60,756 |
546,184 |
- |
- |
- |
589 |
- |
- |
- |
- |
534 |
4,030 |
- |
612,093 |
Loans
and financing |
2,106,275 |
375,585 |
- |
- |
- |
- |
2,164,987 |
- |
- |
20,390 |
- |
- |
- |
4,667,237 |
Debentures |
3,160,977 |
4,750,476 |
202,405 |
- |
- |
- |
482,004 |
- |
- |
- |
- |
- |
(202,405) |
8,393,457 |
Post-employment
benefits |
398,594 |
948,724 |
8,608 |
- |
718 |
- |
- |
- |
- |
- |
3,555 |
47,537 |
(9,326) |
1,398,410 |
Research
and development and energy efficiency |
- |
224,996 |
- |
- |
8,690 |
- |
- |
7,724 |
- |
757 |
- |
- |
(8,690) |
233,478 |
Payables
related to the concession |
62,990 |
- |
- |
728,889 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
791,879 |
Sectorial
financial liabilities |
- |
27,888 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
27,888 |
Lease
liability |
60,761 |
99,138 |
8,972 |
585 |
- |
3,732 |
45,781 |
- |
- |
- |
4,022 |
6,681 |
(8,972) |
220,700 |
Other
payables |
49,539 |
1,559 |
45,086 |
- |
- |
- |
96,018 |
- |
- |
17 |
431,938 |
25,297 |
(70,384) |
579,070 |
PIS/Cofins
to be refunded to consumers |
- |
173,135 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
173,135 |
Provision
for allocation of PIS and Cofins credits |
- |
1,909,775 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
1,909,775 |
Provisions
for litigation |
435,495 |
500,060 |
16,431 |
- |
10,935 |
- |
2,306 |
- |
1,845 |
6,658 |
762 |
526,183 |
(7,759) |
1,492,916 |
EQUITY |
12,748,166 |
6,782,864 |
514,666 |
(36,139) |
317,611 |
54,322 |
5,504,674 |
634,053 |
229,271 |
532,222 |
342,206 |
23,886,151 |
(27,318,403) |
24,191,667 |
Attributable
to controlling shareholders |
12,748,166 |
6,782,864 |
514,666 |
(36,139) |
317,611 |
54,322 |
5,504,674 |
634,053 |
229,271 |
532,222 |
342,206 |
23,886,151 |
(27,623,917) |
23,886,153 |
Capital |
6,242,757 |
5,372,206 |
220,966 |
35,503 |
425,662 |
16,685 |
5,157,938 |
409,509 |
223,913 |
275,161 |
237,210 |
12,821,758 |
(18,617,510) |
12,821,758 |
Advance
for Future Capital Increase |
- |
- |
- |
- |
- |
48,950 |
17,681 |
- |
- |
- |
- |
- |
(66,631) |
- |
Capital
reserves |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Equity
valuation adjustments |
498,183 |
(163,951) |
983 |
2,844 |
442 |
(1) |
- |
- |
- |
- |
(1,097) |
307,049 |
(337,403) |
307,050 |
Legal
Reserves |
961,538 |
335,200 |
44,193 |
- |
- |
- |
55,133 |
58,164 |
703 |
27,949 |
28,071 |
1,625,628 |
(1,510,951) |
1,625,628 |
Profit
retention reserve |
5,045,688 |
1,239,409 |
136,905 |
- |
- |
- |
443,457 |
- |
- |
186,658 |
4,377 |
9,000,505 |
(7,056,494) |
9,000,506 |
Additional
proposed dividends |
- |
- |
- |
- |
- |
- |
117,100 |
166,380 |
4,655 |
42,454 |
73,645 |
131,211 |
(404,235) |
131,211 |
Accumulated
profit |
- |
- |
111,619 |
(74,486) |
(108,493) |
(11,312) |
(286,635) |
- |
- |
- |
- |
- |
369,307 |
- |
Attributable
to noncontrolling interests |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
305,514 |
305,514 |
TOTAL |
23,351,377 |
21,831,127 |
1,023,624 |
804,150 |
423,367 |
62,676 |
9,134,285 |
895,046 |
235,582 |
601,581 |
1,824,990 |
25,358,894 |
(29,727,630) |
55,819,074 |
Exhibit III - ENERGY MARKET> DISTRIBUTION AND TOTAL MARKET |
|
|
|
|
|
|
|
|
|
|
|
|
|
Copel’s Total Market |
|
Number of Customers / Agreements |
|
Energy Sold (GWh) |
|
Sep-24 |
Sep-23 |
∆% |
|
3Q24 |
3Q23 |
Δ% |
|
9M24 |
9M23 |
Δ% |
|
|
|
|
|
|
|
|
|
|
|
|
|
Copel DIS |
|
5,159,540 |
5,075,638 |
1.7 |
|
6,141 |
5,525 |
11.2 |
|
17,286 |
16,977 |
1.8 |
Captive Market |
|
5,159,261 |
5,075,363 |
1.7 |
|
4,898 |
4,772 |
2.6 |
|
16,010 |
14,852 |
7.8 |
Concessionaries and Licensees |
|
7 |
7 |
- |
|
18 |
20 |
(10.0) |
|
67 |
66 |
1.3 |
CCEE (Assigments MCSD EN) |
|
272 |
268 |
1.5 |
|
532 |
75 |
609.3 |
|
602 |
172 |
249.7 |
CCEE (MVE) |
|
- |
- |
- |
|
- |
- |
- |
|
- |
- |
- |
CCEE (MCP) 2 |
|
- |
- |
- |
|
693 |
658 |
5.3 |
|
608 |
1,887 |
(67.8) |
Copel GeT |
|
523 |
352 |
48.6 |
|
3,621 |
3,927 |
(7.8) |
|
12,317 |
12,440 |
(1.0) |
CCEAR (Copel DIS) |
|
4 |
3 |
33.3 |
|
30 |
29 |
3.4 |
|
94 |
91 |
3.3 |
CCEAR (other concessionaries) |
|
119 |
118 |
0.8 |
|
581 |
1,741 |
(66.6) |
|
1,736 |
3,189 |
(45.6) |
Free Customers |
|
- |
- |
- |
|
- |
- |
- |
|
- |
- |
- |
Bilateral Agreements (Copel Mercado Livre) |
|
396 |
227 |
74.4 |
|
2,951 |
2,694 |
9.5 |
|
10,014 |
9,124 |
9.8 |
Bilateral Agreements 1 |
|
4 |
4 |
- |
|
40 |
36 |
11.1 |
|
132 |
227 |
(41.9) |
CCEE (MCP) 2 |
|
- |
- |
- |
|
19 |
(573) |
(103.3) |
|
341 |
(191) |
(278.5) |
Wind Farms Complex |
|
660 |
600 |
10.0 |
|
1,113 |
1,166 |
(4.5) |
|
3,288 |
3,223 |
2.0 |
|
|
15 |
15 |
- |
|
31 |
31 |
- |
|
96 |
83 |
15.7 |
CCEAR (other concessionaries) |
|
580 |
546 |
6.2 |
|
657 |
577 |
13.9 |
|
1,852 |
1,546 |
19.8 |
CER |
|
10 |
10 |
- |
|
230 |
231 |
(0.4) |
|
694 |
685 |
1.3 |
Bilateral Agreements (Copel Mercado Livre) |
|
22 |
13 |
69.2 |
|
137 |
180 |
(23.9) |
|
316 |
450 |
(29.8) |
Bilateral Agreements |
|
33 |
16 |
106.3 |
|
179 |
187 |
(4.3) |
|
419 |
436 |
(3.9) |
CCEE (MCP) 2 |
|
- |
- |
- |
|
(121) |
(40) |
202.5 |
|
(89) |
23 |
- |
Copel Mercado Livre |
|
1,602 |
1,753 |
(8.6) |
|
5,814 |
5,526 |
5.2 |
|
17,383 |
16,724 |
3.9 |
Free Customers |
|
1,413 |
1,620 |
(12.8) |
|
2,753 |
3,014 |
(8.7) |
|
7,982 |
8,862 |
(9.9) |
Bilateral Agreements (Group Companies) |
|
12 |
24 |
(50.0) |
|
321 |
330 |
(2.7) |
|
604 |
398 |
51.8 |
Bilateral Agreements |
|
177 |
109 |
62.4 |
|
2,713 |
2,182 |
24.3 |
|
8,673 |
7,221 |
20.1 |
CCEE (MCP) 2 |
|
- |
- |
- |
|
27 |
- |
- |
|
124 |
243 |
(49.0) |
Total Copel |
|
5,162,325 |
5,078,343 |
1.7 |
|
16,689 |
16,144 |
3.4 |
|
50,274 |
49,364 |
1.8 |
Eliminations (operations with Group companies) |
|
|
|
|
|
3,470 |
3,264 |
6.3 |
|
10,804 |
10,383 |
4.1 |
Total Consolidated Copel |
|
|
|
|
|
13,219 |
12,880 |
2.6 |
|
39,470 |
38,981 |
1.3 |
Note: Not considering the energy from MRE (Energy Relocation Mechanism) and the energy from TPP Araucária sold in the CCEE Spot Market.
1 Includes Short Term Sales Agreements and CBR
2 Assured Power allocated in the period, after impact of the GSF.
CCEE: Electric Power Trade Chamber / CCEAR: Energy Purchase Agreements in the Regulated Market / MCP: Short Term Market / CER: Agreements Reserve Energy / MCSD EN - Mechanism for Compensation of Surpluses and Deficits of New Energy / MVE - MVE - Sale of energy to the free market through the Surplus Selling Mechanism. |
|
|
|
|
|
|
|
|
|
|
|
|
|
Copel’s Dis Market |
|
Number of Customers |
|
Consumed Energy (GWh) |
|
Sep-24 |
Sep-23 |
Δ% |
|
3Q24 |
3Q23 |
Δ% |
|
1Q24 |
1Q23 |
Δ% |
Residential |
|
4,274,234 |
4,190,534 |
2.0 |
|
2,275 |
2,119 |
7.3 |
|
7,376 |
6,488 |
13.7 |
Industrial |
|
68,991 |
69,319 |
(0.5) |
|
3,244 |
3,102 |
4.6 |
|
9,496 |
9,194 |
3.3 |
Captive |
|
67,319 |
68,090 |
(1.1) |
|
430 |
490 |
(12.3) |
|
1,315 |
1,464 |
(10.1) |
Free |
|
1,672 |
1,229 |
36.0 |
|
2,814 |
2,612 |
7.7 |
|
8,180 |
7,731 |
5.8 |
Commercial |
|
446,640 |
438,443 |
1.9 |
|
1,690 |
1,573 |
7.4 |
|
5,498 |
4,947 |
11.1 |
Captive |
|
444,466 |
436,796 |
1.8 |
|
1,074 |
1,041 |
3.1 |
|
3,587 |
3,317 |
8.1 |
Free |
|
2,174 |
1,647 |
32.0 |
|
616 |
532 |
15.9 |
|
1,911 |
1,630 |
17.2 |
Rural |
|
317,110 |
325,182 |
(2.5) |
|
615 |
570 |
8.0 |
|
2,056 |
1,874 |
9.7 |
Captive |
|
317,008 |
325,111 |
(2.5) |
|
565 |
530 |
6.5 |
|
1,902 |
1,754 |
8.4 |
Free |
|
102 |
71 |
43.7 |
|
51 |
40 |
28.7 |
|
154 |
120 |
28.7 |
Others |
|
56,442 |
54,844 |
2.9 |
|
610 |
593 |
2.8 |
|
1,905 |
1,836 |
3.8 |
Captive |
|
56,234 |
54,832 |
2.6 |
|
556 |
591 |
(6.0) |
|
1,829 |
1,830 |
(0.1) |
Free |
|
208 |
12 |
1,633.3 |
|
54 |
2 |
- |
|
76 |
5 |
- |
Total Captive Market |
|
5,159,261 |
5,075,363 |
1.7 |
|
4,898 |
4,772 |
2.6 |
|
16,010 |
14,853 |
7.8 |
Total Free Market |
|
4,156 |
2,959 |
40.5 |
|
3,535 |
3,185 |
11.0 |
|
10,321 |
9,486 |
8.8 |
Supply to Concessionaries |
|
7 |
7 |
- |
|
253 |
238 |
6.6 |
|
752 |
698 |
7.8 |
Total Grid Market |
|
5,163,424 |
5,078,329 |
1.7 |
|
8,687 |
8,195 |
6.0 |
|
27,083 |
25,036 |
8.2 |
Micro and Mini Distributed Energy Generation |
|
383,261 |
293,245 |
30.7 |
|
(581) |
(428) |
35.9 |
|
(1,859) |
(1,280) |
45.3 |
Total Billed Market |
|
|
|
|
|
8,106 |
7,767 |
4.4 |
|
25,224 |
23,756 |
6.2 |
Exhibit III - ENERGY MARKET> TARIFFS |
Supply Tariff (R$/MWh) |
Amount |
Sep-24 |
Sep-23 |
Δ% |
Product Class* |
Validity* |
Average MW |
Copel Geração e Transmissão |
|
|
|
|
|
|
|
Auction CCEAR 2011 - 2040 ( HPP Mauá) |
67 |
299.79 |
287.48 |
4.3% |
SP100 |
01.07.2020 |
31.12.2040 |
Auction CCEAR 2013 - 2042 (SHP Cavernoso II) |
8 |
314.84 |
308.79 |
2.0% |
SP100 |
01.01.2018 |
31.12.2042 |
Auction - CCEAR 2015 - 2044 (HPP Colíder) |
129 |
228.36 |
218.79 |
4.4% |
SP89 |
01.01.2019 |
31.12.2044 |
Auction - CCEAR 2018 - 2048 (HPP Baixo Iguaçu) |
37 |
237.22 |
226.92 |
4.5% |
SP89 |
12.11.2018 |
11.11.2048 |
Auction - CCEAR 2009 - 2016 (Salto Caxias) |
|
|
252.99 |
- |
- |
- |
- |
Auction - CCEAR 2024 - 2053 (SHP Bela Vista) |
16 |
262.14 |
|
- |
- |
- |
- |
Copel Distribuição |
|
|
|
|
|
|
|
Concession holders in the State of Paraná |
14 |
282.75 |
273.04 |
3.6% |
- |
- |
- |
Total / Tariff Weighted Average Supply |
271 |
254.64 |
229.86 |
10.8% |
- |
- |
- |
Contains PIS and COFINS. Net of ICMS. |
*GSF renegotiation ​ |
|
|
|
|
|
|
|
|
Purchase Tariff - Copel Distribuição (R$/MWh) |
Amount |
Sep-24 |
Sep-23 |
Δ% |
|
|
|
Average MW |
|
|
|
Itaipu 1 |
492.3 |
235.82 |
233.13 |
1.2% |
|
|
|
Auction – CCEAR 2010 – H30 |
68.9 |
313.22 |
301.38 |
3.9% |
|
|
|
Auction – CCEAR 2010 – T15 2 |
43.9 |
313.86 |
202.73 |
54.8% |
|
|
|
Auction – CCEAR 2011 – H30 |
56.8 |
322.93 |
310.73 |
3.9% |
|
|
|
Auction – CCEAR 2011 – T15 2 |
53.7 |
307.29 |
263.42 |
16.7% |
|
|
|
Auction – CCEAR 2012 – T15 2 |
107.5 |
293.65 |
177.61 |
65.3% |
|
|
|
Auction – CCEAR 2016 – T20 2 |
26.6 |
229.47 |
119.38 |
92.2% |
|
|
|
Angra |
97.5 |
347.53 |
348.35 |
-0.2% |
|
|
|
CCGF 3 |
438.5 |
179.84 |
162.73 |
10.5% |
|
|
|
Santo Antônio |
135.7 |
200.41 |
192.84 |
3.9% |
|
|
|
Jirau |
225.8 |
176.33 |
169.67 |
3.9% |
|
|
|
Others Auctions 4 |
542.1 |
310.43 |
210.79 |
47.3% |
|
|
|
Total / Average Purchuse Tariff |
2,289.3 |
249.86 |
209.67 |
19.2% |
|
|
|
Contains PIS and COFINS |
1 Furnas transport charge not included. |
2 Average auction price restated according as bilateral payment to vendors. It does not include hiring effects recorded by the CCEE. |
3 Contract of quotas of assured power of those HPPs which concessions were extended pursuant the new rules of Law 12783/13. |
4 Products average price, does not include PROINFA. |
*The table has been updated for all periods as new calculation methodology for average prices, a result of the 4th phase of the Public Hearing 78/2011 Aneel approved on 03.28.2016. |
|
|
|
|
|
|
|
|
Retail Tariff - Copel Distribuição (R$/MWh) |
|
Sep-24 |
Sep-23 |
Δ% |
|
|
|
|
|
|
|
Industrial |
|
551.30 |
560.6072025 |
-1.7% |
|
|
|
Residential |
|
527.34 |
558.2797025 |
-5.5% |
|
|
|
Commercial |
|
583.06 |
634.0681328 |
-8.0% |
|
|
|
Rural |
|
575.85 |
608.3770616 |
-5.3% |
|
|
|
Other |
|
590.55 |
456.4100799 |
29.4% |
|
|
|
Retail Tariff supply average tariff |
|
601.56 |
623.449106 |
-3.5% |
|
|
|
Demand average tariff (R$/kW) |
|
40.02 |
37.85663847 |
5.7% |
|
|
|
Does not consider tariff flags, Pis/Pasep and net of ICMS. |
Exhibit III - ENERGY MARKET> ELECTRICITY PURCHASED AND CHARGES |
|
|
|
|
|
|
R$'000 |
Electricity Purchased for Resale |
3Q24 |
3Q23 |
Δ% |
9M24 |
9M23 |
Δ% |
Purchase of energy in the regulated party - CCEAR |
1,077,768 |
901,620 |
19.5 |
3,009,783 |
2,733,586 |
10.1 |
Itaipu Binacional |
252,548 |
262,672 |
(3.9) |
707,070 |
727,924 |
(2.9) |
Câmara de Comercialização de Energia - CCEE |
277,655 |
126,710 |
119.1 |
450,261 |
351,525 |
28.1 |
Micro and mini generators and customer repurchase |
390,409 |
280,518 |
39.2 |
1,200,327 |
779,695 |
53.9 |
Proinfa |
84,278 |
93,256 |
(9.6) |
252,990 |
276,732 |
(8.6) |
Bilateral Agreements |
478,001 |
540,684 |
(11.6) |
1,267,164 |
1,451,261 |
(12.7) |
Fair value in the purchase and sale of energy |
(17,872) |
6,347 |
- |
26,009 |
6,347 |
- |
(-) PIS/Pasep and Cofins |
(214,805) |
(216,248) |
(0.7) |
(599,221) |
(632,944) |
(5.3) |
TOTAL |
2,327,982 |
1,995,559 |
16.7 |
6,314,383 |
5,694,126 |
10.9 |
|
|
|
|
|
|
|
|
|
|
|
|
|
R$'000 |
Charges of the main distribution and transmission grid |
3Q24 |
3Q23 |
Δ% |
9M24 |
9M23 |
Δ% |
Itaipu transportation charges |
43,439 |
57,786 |
(24.8) |
153,025 |
133,755 |
14.4 |
System Service Charges - ESS |
39,171 |
28,760 |
36.2 |
61,629 |
40,795 |
51.1 |
System usage charges |
596,896 |
672,004 |
(11.2) |
1,925,312 |
1,837,173 |
4.8 |
Charge reserve energy - EER |
115,845 |
95,034 |
21.9 |
337,581 |
347,788 |
(2.9) |
(-) PIS / Pasep and Cofins taxes on charges for use of power grid |
(81,293) |
(88,730) |
(8.4) |
(255,131) |
(241,021) |
5.9 |
TOTAL |
714,058 |
764,854 |
(6.6) |
2,222,416 |
2,118,490 |
4.9 |
Exhibit III - ENERGY MARKET> ENERGY BALANCE |
|
|
|
|
|
(average MW) |
Energy Balance - Copel GET - Sep-24 |
2024 |
2025 |
2026 |
2027 |
2028 |
Own Resources GeT |
2,082 |
2,062 |
2,068 |
2,071 |
2,079 |
GeT (1) |
1,489 |
1,470 |
1,473 |
1,466 |
1,454 |
GPS (CCGF) (2) |
73 |
73 |
73 |
73 |
73 |
Bela Vista + FDA |
520 |
519 |
522 |
532 |
552 |
Own Resources SPP and Wind Farm |
544 |
544 |
544 |
544 |
544 |
Purchases |
79 |
94 |
11 |
- |
- |
TOTAL OWN RESOURCES + SOLD |
2,705 |
2,700 |
2,623 |
2,615 |
2,623 |
TOTAL SOLD |
2,384 |
2,288 |
1,884 |
1,632 |
1,327 |
Sales (Regulated) |
766 |
781 |
781 |
781 |
780 |
Sales (Regulated) % |
28% |
29% |
30% |
30% |
30% |
Sales (Free Market) |
1,618 |
1,507 |
1,103 |
851 |
547 |
Sales (Free Market) % |
60% |
56% |
43% |
33% |
21% |
Total Available |
319 |
412 |
739 |
982 |
1294 |
Total Available (%) |
12% |
15% |
27% |
37% |
49% |
Avarege price of energy sold (R$) |
176.31 |
173.72 |
179.21 |
183.17 |
195.46 |
Reference: September/24 |
Note: Considers Assured Power updated by Ordinance No. 709/2022 for: FDA, Segredo and Salto Caxias. |
(1) Includes Mauá and Baixo Iguaçu Power Plants (proportional to the stake in the project) and GPS 30% (ex-CCGF). Does not include Elejor and Foz do Chopim. |
(2) GPS 70% (quota regime). |
(3) Does not include Voltália Wind Complex. |
(3) The GPS CCGF RAG is not considered in the calculation of average prices. |
Exhibit III - ENERGY MARKET> WIND POWER PRICES |
Wind Farms - Sold |
Auction ¹ |
Price (R$)² |
Certification |
Amount
MW average/year |
Start of Supply |
End of
Supply |
São Bento Energia, Invest. e Part. S.A. |
|
|
|
|
|
|
GE Boa Vista S.A. |
2º LFA
(08/26/2010) |
310.36 |
P50 |
5.70 |
01.01.2013 |
12.31.2032 |
GE Farol S.A. |
301.32 |
P50 |
9.10 |
GE Olho D’Água S.A. |
301.32 |
P50 |
14.90 |
GE São Bento do Norte S.A. |
301.32 |
P50 |
14.00 |
Copel Brisa Potiguar S.A. |
|
|
|
|
|
|
Nova Asa Branca I Energias Renováveis S.A. |
2º LFA
(08/26/2010) |
304.53 |
P50 |
13.20 |
01.01.2013 |
12.31.2032 |
Nova Asa Branca II Energias Renováveis S.A. |
304.53 |
P50 |
12.80 |
Nova Asa Branca III Energias Renováveis S.A. |
304.53 |
P50 |
12.50 |
Nova Eurus IV Energias Renováveis S.A. |
304.53 |
P50 |
13.70 |
Santa Maria Energias Renováveis S.A. |
4º LER
(08/18/2011) |
214.62 |
P50 |
15.70 |
07.01.2014 |
06.30.2034 |
Santa Helena Energias Renováveis S.A. |
214.62 |
P50 |
16.00 |
Ventos de Santo Uriel S.A. |
212.95 |
P50 |
9.00 |
Cutia |
|
|
|
|
|
|
UEE Cutia S.A. |
6º LER
(10/31/2014) |
252.45 |
P90 |
9.60 |
10.01.2017 |
09.30.2037 |
UEE Esperança do Nordeste S.A. |
252.45 |
P90 |
9.10 |
UEE Guajiru S.A. |
252.45 |
P90 |
8.30 |
UEE Jangada S.A. |
252.45 |
P90 |
10.30 |
UEE Maria Helena S.A. |
252.45 |
P90 |
12.00 |
UEE Paraíso dos Ventos do Nordeste S.A. |
252.45 |
P90 |
10.60 |
UEE Potiguar S.A. |
252.45 |
P90 |
11.30 |
Bento Miguel |
|
|
|
|
|
|
CGE São Bento do Norte I S.A. |
20ª LEN
(11/28/2014) |
239.12 |
P90 |
9.70 |
01.01.2019 |
12.31.2038 |
CGE São Bento do Norte II S.A. |
239.12 |
P90 |
10.00 |
CGE São Bento do Norte III S.A. |
239.12 |
P90 |
9.60 |
CGE São Miguel I S.A. |
239.12 |
P90 |
8.70 |
CGE São Miguel II S.A. |
239.12 |
P90 |
8.40 |
CGE São Miguel III S.A. |
239.12 |
P90 |
8.40 |
Vilas |
|
|
|
|
|
|
Vila Ceará I (Antiga Vila Paraíba IV) |
28ª LEN
(08/31/2018) |
128.58 |
P90 |
8.20 |
01.01.2024 |
12.31.2043 |
Vila Maranhão I |
128.58 |
P90 |
8.30 |
Vila Maranhão II |
128.58 |
P90 |
8.30 |
Vila Maranhão III (Antiga Vila Paraíba III) |
128.58 |
P90 |
8.20 |
Vila Mato Grosso (Antiga Vila Alagoas III) |
29ª LEN
(06/28/2019) |
107.26 |
P90 |
3.30 |
01.01.2023 |
12.31.2042 |
Jandaira |
|
|
|
|
|
|
Jandaira I |
30ª LEN
(10/18/2019) |
131.17 |
P90 |
1.60 |
01.01.2025 |
12.31.2044 |
Jandaira II |
131.17 |
P90 |
4.10 |
Jandaira III |
131.17 |
P90 |
4.40 |
Jandaira IV |
131.17 |
P90 |
4.30 |
Aventura |
|
|
|
|
|
|
Aventura II |
26º LEN
(20/12/2017) |
138.66 |
P90 |
11.70 |
01.01.2023 |
12.31.2042 |
Aventura III |
138.66 |
P90 |
12.80 |
Aventura IV |
138.66 |
P90 |
14.10 |
Aventura V |
138.66 |
P90 |
15.00 |
Santa Rosa & Mundo Novo |
|
|
|
|
|
|
Santa Rosa & Mundo Novo I |
26º LEN
(20/12/2017) |
141.52 |
P90 |
16.50 |
01.01.2023 |
12.31.2042 |
Santa Rosa & Mundo Novo II |
141.52 |
P90 |
17.00 |
Santa Rosa & Mundo Novo III |
141.52 |
P90 |
18.00 |
Santa Rosa & Mundo Novo IV |
141.52 |
P90 |
7.50 |
Santa Rosa & Mundo Novo V |
141.52 |
P90 |
8.10 |
Voltália3 |
|
|
|
|
|
|
Carnaúbas |
04ª LER
(08/18/2011) |
208.18 |
- |
13.10 |
07.01.2014 |
06.30.2034 |
Reduto |
208.18 |
- |
13.90 |
Santo Cristo |
208.18 |
- |
14.80 |
São João |
208.18 |
- |
14.30 |
¹LFA - Alternative Sources Auction/LER - Reserve Energy Auction/LEN - New Energy Auction. |
² Price updated by IPCA until Jun/24 (Reference Jul/24). Source: CCEE |
3 Values presented refer to 100% of the Complex. Copel has a 49% stake in the project. |
Exhibit III - ENERGY MARKET> ENERGY FLOW |
|
|
|
|
|
|
|
|
|
|
|
|
GWh |
Energy Flow |
COPEL DIS |
COPEL GET
+ FDA + BELA VISTA |
WIND POWER |
COPEL COM |
ELIMINATIONS |
CONSOLIDATED |
3Q24 |
3Q23 |
3Q24 |
3Q23 |
3Q24 |
3Q23 |
3Q24 |
3Q23 |
3Q24 |
3Q23 |
3Q24 |
3Q23 |
Own Generation |
|
|
6,700 |
5,724 |
1,089 |
1225 |
|
|
|
|
7,789 |
6,949 |
Purchased energy |
6,375 |
5,939 |
466 |
453 |
7 |
21 |
5,814 |
5,526 |
3,470 |
3,264 |
9,192 |
8,675 |
Copel Mercado Livre |
|
|
321 |
330 |
|
0 |
|
|
321 |
330 |
0 |
0 |
Companies of the group |
60 |
60 |
|
|
|
|
3,089 |
2,874 |
3,149 |
2,934 |
0 |
0 |
Itaipu |
1,146 |
1,200 |
|
|
|
|
|
0 |
|
|
1,146 |
1,200 |
Auction – CCEAR |
3,898 |
3,233 |
|
|
|
|
|
0 |
|
|
3,898 |
3,233 |
CCEE (MCP) |
6 |
0 |
|
|
|
|
|
85 |
|
|
6 |
85 |
Angra |
215 |
220 |
|
|
|
|
|
|
|
|
215 |
220 |
CCGF |
933 |
1,101 |
|
|
|
|
|
|
|
|
933 |
1,101 |
Proinfa |
104 |
110 |
|
|
|
|
|
|
|
|
104 |
110 |
Other (1) |
13 |
15 |
|
|
7 |
21 |
2,725 |
2,555 |
|
|
2,745 |
2,591 |
Elejor |
|
|
|
|
|
|
|
12 |
|
|
0 |
12 |
Dona Francisca |
|
|
34 |
34 |
|
|
|
|
|
|
34 |
34 |
MRE Receipt |
|
|
111 |
89 |
|
|
|
|
|
|
111 |
89 |
Avaiable |
6,375 |
5,939 |
7,166 |
6,177 |
1,096 |
1246 |
5,814 |
5,526 |
3,470 |
3,264 |
16,981 |
15,624 |
Captive Market |
4,898 |
4,772 |
|
|
|
|
|
|
|
|
4,898 |
4,772 |
Concessionaires (2) |
18 |
20 |
|
|
|
|
|
|
|
|
18 |
20 |
CCEE concessionaire supply (3) |
|
|
40 |
36 |
|
|
|
|
|
|
40 |
36 |
CCEE (MCSD EN Assignments) (4) |
532 |
75 |
|
|
|
|
|
|
|
|
532 |
75 |
CCEE (MVE) (5) |
|
0 |
|
|
|
|
|
|
|
|
0 |
0 |
CCEE (MCP) (6) |
699 |
658 |
19 |
-573 |
-121 |
-56 |
27 |
3014 |
|
|
624 |
3,043 |
Free Customers |
|
|
|
0 |
|
|
2,753 |
2,182 |
|
|
2,753 |
2,182 |
Bilateral Agreements |
|
|
0 |
0 |
179 |
187 |
2,713 |
|
|
|
2,892 |
187 |
Auction – CCEAR (7) |
|
|
581 |
1741 |
657 |
577 |
|
|
|
|
1,238 |
2318 |
MRE assignment (8) |
|
|
3,545 |
2,250 |
|
|
|
|
|
|
3,545 |
2,250 |
CER (9) |
|
|
|
|
230 |
231 |
|
|
|
|
230 |
231 |
Copel Mercado Livre |
|
|
2,952 |
2,694 |
137 |
180 |
|
|
3,089 |
2,874 |
0 |
0 |
Companies of the group |
|
|
29 |
29 |
31 |
31 |
321 |
330 |
381 |
390 |
0 |
0 |
Losses and Differences (10) |
228 |
414 |
|
|
-17 |
96 |
|
|
|
|
211 |
510 |
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) Others: Energy purchased by Copel Comercialização. Includes MCSD EM Assignments of Copel Distribuição (purchase) |
(2) Energy supply to concessionaires and licensees with their own market below 500GWh/year |
(3) Supply of energy to CCEE's agent distributor, through a Regulated Bilateral Contract Agreement - CBR |
(4) Assignments MCSD EN - Contractual assignments to other distributors through the New Energy Surplus and Deficit Compensation Mechanism |
(5) CCEE (MVE): Financial settlement of energy surpluses from the distributor to the free market through the Surplus Sale Mechanism |
(6) CCEE (MCP): Electric Energy Commercialization Chamber (Spot Market). |
(7) CCEAR: Energy Trading Agreement in the Regulated Environment. |
(8) MRE: Energy Reallocation Mechanism. |
(9) CER: Reserve Energy Contract. |
(10) Considers the effects of Mini and Micro Distributed Generation (MMGD). |
(11) CG: Submarket Center of Gravity (difference between billed and received energy at the CG). |
It does not consider the energy produced by UTE Araucária sold on the spot market (MCP). |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
GWh |
Energy Flow |
COPEL DIS |
COPEL GET
+ FDA + BELA VISTA |
WIND POWER |
COPEL COM |
ELIMINATIONS |
CONSOLIDATED |
9M24 |
9M23 |
9M24 |
9M23 |
9M24 |
9M23 |
9M24 |
9M23 |
9M24 |
9M23 |
9M24 |
9M23 |
Own Generation |
- |
- |
18,087 |
14,850 |
2,412 |
2,761 |
- |
- |
- |
- |
20,499 |
17,611 |
Purchased energy |
18,232 |
17,950 |
729 |
897 |
201 |
127 |
17,383 |
16,724 |
11,118 |
10,251 |
25,427 |
25,447 |
Copel Mercado Livre |
- |
- |
414 |
398 |
190 |
- |
- |
- |
604 |
398 |
- |
- |
Companies of the group |
184 |
173 |
- |
- |
- |
106 |
10,330 |
9,574 |
10,514 |
9,853 |
- |
- |
Itaipu |
3,414 |
3,561 |
- |
- |
- |
- |
- |
- |
- |
- |
3,414 |
3,561 |
Auction – CCEAR |
10,480 |
9,790 |
- |
- |
- |
- |
- |
- |
- |
- |
10,480 |
9,790 |
CCEE (MCP) |
245 |
- |
- |
296 |
- |
- |
- |
85 |
- |
- |
245 |
381 |
Angra |
641 |
652 |
- |
- |
- |
- |
- |
- |
- |
- |
641 |
652 |
CCGF |
2,914 |
3,409 |
- |
- |
- |
- |
- |
- |
- |
- |
2,914 |
3,409 |
Proinfa |
315 |
314 |
- |
- |
- |
- |
- |
- |
- |
- |
315 |
314 |
Other (1) |
39 |
51 |
- |
- |
11 |
21 |
7,053 |
7,033 |
- |
- |
7,103 |
7,105 |
Elejor |
- |
- |
- |
- |
- |
- |
- |
32 |
- |
- |
- |
32 |
Dona Francisca |
- |
- |
100 |
100 |
- |
- |
- |
- |
- |
- |
100 |
100 |
MRE Receipt |
- |
- |
215 |
103 |
- |
- |
- |
- |
- |
- |
215 |
103 |
Avaiable |
18,232 |
17,950 |
18,816 |
15,747 |
2,613 |
2888 |
17,383 |
16,724 |
11,118 |
10,251 |
45,926 |
43,058 |
Captive Market |
16,010 |
14,852 |
- |
- |
- |
- |
- |
- |
- |
- |
16,010 |
14,852 |
Concessionaires (2) |
67 |
66 |
- |
- |
- |
- |
- |
- |
- |
- |
67 |
66 |
CCEE concessionaire supply (3) |
- |
- |
128 |
121 |
- |
- |
- |
- |
- |
- |
128 |
121 |
CCEE (MCSD EN Assignments) (4) |
602 |
172 |
- |
- |
- |
- |
- |
- |
- |
- |
602 |
172 |
CCEE (MVE) (5) |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
CCEE (MCP) (6) |
853 |
1,887 |
341 |
(191) |
(89) |
8 |
124 |
3,257 |
- |
- |
1229 |
4,961 |
Free Customers |
- |
- |
- |
- |
- |
- |
7,982 |
8,030 |
- |
- |
7,982 |
8,030 |
Bilateral Agreements |
- |
- |
4 |
106 |
419 |
436 |
8,673 |
5,039 |
- |
106 |
9,096 |
5,475 |
Auction – CCEAR (7) |
- |
- |
1,736 |
3,189 |
1,852 |
1,546 |
- |
- |
- |
- |
3,588 |
4735 |
MRE assignment (8) |
- |
- |
6,499 |
3,307 |
- |
- |
- |
- |
- |
- |
6,499 |
3,307 |
CER (9) |
- |
- |
- |
- |
694 |
685 |
- |
- |
- |
- |
694 |
685 |
Copel Mercado Livre |
- |
- |
10,015 |
9,124 |
315 |
450 |
- |
- |
10,330 |
9,574 |
- |
- |
Companies of the group |
- |
- |
93 |
91 |
92 |
83 |
604 |
398 |
788 |
571 |
1 |
1 |
Losses and Differences (10) |
700 |
973 |
- |
- |
(670) |
(320) |
- |
- |
- |
- |
30 |
653 |
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) Others: Energy purchased by Copel Comercialização. Includes MCSD EM Assignments of Copel Distribuição (purchase) |
(2) Energy supply to concessionaires and licensees with their own market below 500GWh/year |
(3) Supply of energy to CCEE's agent distributor, through a Regulated Bilateral Contract Agreement - CBR |
(4) Assignments MCSD EN - Contractual assignments to other distributors through the New Energy Surplus and Deficit Compensation Mechanism |
(5) CCEE (MVE): Financial settlement of energy surpluses from the distributor to the free market through the Surplus Sale Mechanism |
(6) CCEE (MCP): Electric Energy Commercialization Chamber (Spot Market). |
(7) CCEAR: Energy Trading Agreement in the Regulated Environment. |
(8) MRE: Energy Reallocation Mechanism. |
(9) CER: Reserve Energy Contract. |
(10) Considers the effects of Mini and Micro Distributed Generation (MMGD). |
(11) CG: Submarket Center of Gravity (difference between billed and received energy at the CG). |
It does not consider the energy produced by UTE Araucária sold on the spot market (MCP). |
Exhibit III - ENERGY MARKET> ENERGY FLOW |
Exhibit IV - OPERATIONAL DATA> INDICATORS SUMMARY |
MANAGEMENT |
|
|
|
|
|
|
Copel Staff List |
2019 |
2020 |
2021 |
2022 |
2023 |
set-24 |
Geração e Transmissão |
1,620 |
1,533 |
1,523 |
1,487 |
1,477 |
1,104 |
Distribuição |
4,964 |
4,641 |
4,430 |
4,257 |
4,203 |
3,237 |
Telecomunicações |
412 |
355 |
- |
- |
- |
- |
Holding |
61 |
96 |
169 |
84 |
83 |
60 |
Comercialização |
38 |
42 |
44 |
47 |
41 |
36 |
Serviços |
- |
- |
- |
217 |
- |
- |
TOTAL |
7,095 |
6,667 |
6,166 |
6,092 |
5,804 |
4,437 |
|
|
|
|
|
|
|
Cotrolated Staff List |
2019 |
2020 |
2021 |
2022 |
2023 |
set-24 |
Elejor |
7 |
7 |
7 |
7 |
7 |
7 |
|
|
|
|
|
|
|
GENERATION |
|
|
|
|
|
|
Copel GET |
Amount |
Installed
Capacity (MW) |
Assured Power
(Average MW) |
Hydroelectric |
18 |
|
4,868.5 |
|
2,067.9 |
|
Wind |
43 |
|
1,130.2 |
|
561.3 |
|
Copel GET
(Interest) |
|
Proportional installed
capacity (MW) |
Proporcional Assured Power
(Average MW) |
Hydroelectric |
3 |
|
299.6 |
|
155.2 |
|
Total Copel GET |
|
|
6,298.3 |
|
2,784.4 |
|
Other Interest Copel |
|
Proportional installed
capacity (MW) |
Proporcional Assured Power
(Average MW) |
Hydroelectric |
5 |
|
201.3 |
|
109.7 |
|
Wind |
4 |
|
53.2 |
|
28.0 |
|
Solar |
1 |
|
1.1 |
|
- |
|
Total Other Interest |
10 |
|
255.6 |
|
137.7 |
|
TOTAL Copel Group |
|
|
6,553.9 |
|
2,922.1 |
|
|
|
|
|
|
|
|
TRANSMISSION |
|
|
|
|
|
|
Copel GeT |
Amount |
|
APR (R$ million) |
Transmission Lines (km) |
|
3,705 |
|
1,062.6 |
Substation (amount) |
|
45 |
|
Interest |
Amount |
|
Proporcional APR (R$ million) |
Transmission Lines (km) |
|
5,980 |
|
532.6 |
Substation (amount) |
|
8 |
|
TOTAL |
TL |
9,685 |
|
1,595.2 |
Substation |
53 |
|
|
|
|
|
|
|
|
DISTRIBUTION |
|
|
|
|
|
|
Distribution lines (km) |
212,926 |
|
|
Captive customers |
5,159,261 |
|
Substations |
396 |
|
|
Customers by distribution employee |
1,594 |
|
Installed power substations (MVA) |
12,088 |
|
|
DEC (in hundredths of an hour and minute) |
8.23 |
|
Municipalities served |
395 |
|
|
FEC (number of outages) |
5.41 |
|
Locations served |
1,068 |
|
|
|
|
|
|
|
|
|
|
|
|
MERCADO LIVRE |
|
|
|
|
|
|
Number of contracts |
1,602 |
|
|
|
|
|
Energy sold (GWh) |
5,814 |
|
|
|
|
|
Exhibit IV - OPERATIONAL DATA> GENERATION |
COPEL GET |
|
|
|
|
|
Installed
Capacity (MW) |
Assured Power
(Average MW) |
Generation 9M24
(GWh)* |
Concession Expires |
Hydroelectric Power Plants |
4,868.5 |
2,067.9 |
17,910.8 |
|
Large hydroelectric power plant (HPP) |
4,772.0 |
2,006.8 |
17,559.4 |
|
Gov. Bento Munhoz da Rocha Netto (Foz do Areia)(5) |
1,676.0 |
575.3 |
5,337.6 |
12.21.2024 |
Gov. Ney Aminthas de B. Braga (Segredo)(5) |
1,260.0 |
558.3 |
5,227.1 |
09.25.2032 |
Gov. José Richa (Salto Caxias)(5) |
1,240.0 |
575.4 |
5,113.7 |
03.20.2033 |
Gov. Parigot de Souza (1)(5) |
260.0 |
103.6 |
950.4 |
01.03.2053 |
- Regime de Cotas (70%) |
182.0 |
72.5 |
665.3 |
- Copel GeT(30%) |
78.0 |
31.1 |
285.1 |
Colíder(5) |
300.0 |
178.1 |
822.2 |
01.30.2046 |
Guaricana(5) |
36.0 |
16.1 |
108.4 |
07.21.2028 |
Small hydroelectric power station (SHP) |
86.9 |
55.9 |
320.7 |
|
Bela Vista |
29.8 |
18.6 |
107.4 |
01.02.2041 |
Cavernoso (5) |
1.3 |
1.0 |
0.7 |
06.23.2033 |
Cavernoso II(5) |
19.0 |
10.6 |
47.8 |
12.06.2050 |
Chaminé (5) |
18.0 |
11.6 |
85.0 |
08.02.2028 |
Apucaraninha (5) |
10.0 |
6.7 |
32.8 |
01.27.2027 |
Derivação do Rio Jordão (5) |
6.5 |
5.9 |
39.1 |
06.21.2032 |
São Jorge (5) |
2.3 |
1.5 |
7.9 |
07.24.2026 |
hydroelectric power plant (HPP) |
9.6 |
5.2 |
30.7 |
|
Marumbi |
4.8 |
2.4 |
20.8 |
(6) |
Chopim I |
2.0 |
1.5 |
2.8 |
(3) |
Melissa |
1.0 |
0.6 |
2.0 |
(3) |
Salto do Vau |
0.9 |
0.6 |
4.6 |
(3) |
Pitangui |
0.9 |
0.1 |
0.4 |
(3) |
Thermal Power Plant |
20.0 |
17.7 |
2.3 |
|
Figueira |
20.0 |
17.7 |
2.3 |
03.27.2019 |
Wind Power Plants |
1,130.2 |
561.3 |
2,397.9 |
|
Eólica de Palmas (4) |
2.5 |
0.4 |
2.0 |
09.29.2029 |
São Bento Energia, Invest. e Part. S.A. |
94.0 |
38.1 |
163.8 |
|
GE Boa Vista S.A. |
14.0 |
5.2 |
20.5 |
04.28.2046 |
GE Farol S.A. |
20.0 |
8.8 |
35.5 |
04.20.2046 |
GE Olho D’Água S.A. |
30.0 |
12.8 |
55.5 |
06.01.2046 |
GE São Bento do Norte S.A. |
30.0 |
11.3 |
52.3 |
05.19.2046 |
Copel Brisa Potiguar S.A. |
183.6 |
89.4 |
299.9 |
|
Nova Asa Branca I Energias Renováveis S.A. |
27.0 |
12.1 |
43.6 |
04.25.2046 |
Nova Asa Branca II Energias Renováveis S.A. |
27.0 |
11.9 |
41.4 |
05.31.2046 |
Nova Asa Branca III Energias Renováveis S.A. |
27.0 |
12.3 |
39.0 |
05.31.2046 |
Nova Eurus IV Energias Renováveis S.A. |
27.0 |
12.4 |
46.4 |
04.27.2046 |
Santa Maria Energias Renováveis S.A. |
29.7 |
15.7 |
39.0 |
05.08.2047 |
Santa Helena Energias Renováveis S.A. |
29.7 |
16.0 |
60.2 |
04.09.2047 |
Ventos de Santo Uriel S.A. |
16.2 |
9.0 |
30.2 |
04.09.2047 |
Complexo Eólico Cutia |
180.6 |
71.4 |
364.0 |
|
UEE Cutia S.A. |
23.1 |
9.6 |
50.8 |
01.05.2042 |
UEE Esperança do Nordeste S.A. |
27.3 |
9.1 |
44.6 |
05.11.2050 |
UEE Guajiru S.A. |
21.0 |
8.3 |
37.2 |
01.05.2042 |
UEE Jangada S.A. |
27.3 |
10.3 |
61.7 |
01.05.2042 |
UEE Maria Helena S.A. |
27.3 |
12.0 |
58.0 |
01.05.2042 |
UEE Paraíso dos Ventos do Nordeste S.A. |
27.3 |
10.6 |
56.9 |
05.11.2050 |
UEE Potiguar S.A. |
27.3 |
11.5 |
54.7 |
05.11.2050 |
Complexo Eólico Bento Miguel |
132.3 |
58.7 |
261.3 |
|
CGE São Bento do Norte I S.A. |
23.1 |
10.1 |
51.8 |
08.04.2050 |
CGE São Bento do Norte II S.A. |
23.1 |
10.8 |
50.9 |
08.04.2050 |
CGE São Bento do Norte III S.A. |
23.1 |
10.2 |
40.7 |
08.04.2050 |
CGE São Miguel I S.A. |
21.0 |
9.3 |
40.7 |
08.04.2050 |
CGE São Miguel II S.A. |
21.0 |
9.1 |
39.3 |
08.04.2050 |
CGE São Miguel III S.A. |
21.0 |
9.2 |
38.0 |
08.04.2050 |
Complexo Eólico Vilas (8) |
186.7 |
98.6 |
285.3 |
|
Vila Ceará I (Antiga Vila Paraíba IV) |
32.0 |
17.8 |
51.6 |
01.14.2054 |
Vila Maranhão I |
32.0 |
17.8 |
51.7 |
01.11.2054 |
Vila Maranhão II |
32.0 |
17.8 |
51.7 |
01.14.2054 |
Vila Maranhão III (Antiga Vila Paraíba III) |
32.0 |
16.6 |
48.6 |
01.14.2054 |
Vila Mato Grosso (Antiga Vila Alagoas III) |
58.9 |
28.6 |
81.7 |
12.06.2054 |
Complexo Jandaira |
90.1 |
46.9 |
210.7 |
|
Jandaira I |
10.4 |
5.6 |
28.6 |
04.02.2055 |
Jandaira II |
24.3 |
12.3 |
56.9 |
04.02.2055 |
Jandaira III |
27.7 |
14.8 |
70.0 |
04.02.2055 |
Jandaira IV |
27.7 |
14.2 |
55.2 |
04.02.2055 |
Aventura 9 |
105.0 |
65.0 |
329.9 |
|
Aventura II |
21.0 |
13.1 |
65.6 |
06.05.2053 |
Aventura III |
25.2 |
15.5 |
78.2 |
06.11.2053 |
Aventura IV |
29.4 |
18.5 |
94.7 |
06.05.2053 |
Aventura V |
29.4 |
17.9 |
91.5 |
06.05.2053 |
Santa Rosa e Mundo Novo 9 |
155.4 |
92.8 |
480.9 |
|
Santa Rosa e Mundo Novo I |
33.6 |
17.3 |
86.4 |
06.04.2053 |
Santa Rosa e Mundo Novo II |
29.4 |
17.2 |
95.3 |
06.04.2053 |
Santa Rosa e Mundo Novo III |
33.6 |
21.5 |
113.7 |
06.04.2053 |
Santa Rosa e Mundo Novo IV |
33.6 |
21.0 |
110.9 |
06.01.2053 |
Santa Rosa e Mundo Novo V |
25.2 |
15.8 |
74.5 |
06.01.2053 |
TOTAL |
6,018.7 |
2,646.9 |
20,311.0 |
|
(1) RAG of R$167.9 million, updated by Aneel's Resolution No. 3,353, of July 23, 2024.
(2) Power plants exempted from concession, are only registered with ANEEL.
(3) Assured power considered the average wind generation.
(4) Extension of Grant according to REH 2919/2021, 2932/2021 and 3.242/2023.
(5) Under approval by ANEEL. |
(6) Assured Power updated by Ordinance N°709/2022 for: FDA, Segredo, Salto Caxias and GPS, effective from January/2023.
(7) According to Order No. 561/2024, commercial operations suspended.
(8) Complexes Aventura and Santa Rosa & Novo Mundo joined the Company's portfolio in Jan/23.
* Considers internal consumption of generators and generation in commercial operation.
** Plant do not participate in the MRE. |
Exhibit IV - OPERATIONAL DATA > GENERATION |
|
|
|
|
|
|
|
INTEREST |
|
|
|
|
|
|
Enterprise |
Partners |
Installed
Capacity (MW) |
Assured Power 1
(Average MW) |
Proportional installed capacity (MW) |
Proporcional Assured Power
(Average MW) |
Concession Expires |
Hydroelectric Power Plants |
|
1,111.8 |
586.8 |
500.9 |
264.9 |
|
Large hydroelectric power plant (HPP) |
|
1,076.6 |
561.5 |
486.2 |
254.2 |
|
HPP Gov. Jayme Canet Junior (Mauá)
(Consórcio Energético Cruzeiro do Sul) |
COPEL GeT - 51%
Eletrosul - 49% |
361.0 |
188.5 |
184.1 |
96.1 |
06.28.2049 |
HPP Baixo Iguaçu
(Consórcio Empreendedor Baixo Iguaçu) |
COPEL GeT - 30%
Geração Céu Azul - 70% |
350.2 |
172.4 |
105.1 |
51.7 |
12.03.2049 |
HPP Santa Clara
(Elejor) |
COPEL - 70%
Paineira Participações - 30% |
120.2 |
66.0 |
84.2 |
46.2 |
05.10.2040 |
HPP Fundão
(Elejor) |
COPEL - 70%
Paineira Participações - 30% |
120.2 |
62.1 |
84.1 |
43.5 |
06.11.2040 |
HPP Dona Francisca
(DFESA) |
COPEL - 23,03%
Gerdau - 53,94%
Celesc - 23,03% |
125.0 |
72.5 |
28.8 |
16.7 |
09.21.2037 |
Small hydroelectric power station (SHP) |
|
29.1 |
20.4 |
10.4 |
7.3 |
|
SHP Arturo Andreoli 5
(Foz do Chopim) |
COPEL GeT - 35,77%
Silea Participações - 64,23% |
29.1 |
20.4 |
10.4 |
7.3 |
07.07.2034 |
Hydroelectric Generating Centers (CGH) |
|
6.1 |
4.9 |
4.3 |
3.4 |
|
CGH Santa Clara I
(Elejor) |
COPEL - 70%
Paineira Participações - 30% |
3.6 |
2.8 |
2.5 |
2.0 |
(2) |
CGH Fundão I
(Elejor) |
COPEL - 70%
Paineira Participações - 30% |
2.5 |
2.1 |
1.7 |
1.5 |
(2) |
Wind Power Plants |
|
108.5 |
57.1 |
53.2 |
28.0 |
|
Voltalia - São Miguel
do Gostoso (5 parques) |
COPEL- 49%
Voltalia- 51% |
108.5 |
57.1 |
53.2 |
28.0 |
(3) |
Solar |
|
2.3 |
- |
1.1 |
- |
|
Solar Paraná 4 |
COPEL - 49%
|
2.3 |
- |
1.1 |
- |
09.15.2046 |
TOTAL |
|
1,222.6 |
643.9 |
555.2 |
292.9 |
|
1 Assured power updated by Ordinance No. 709/2022 of: HPP Mauá, Santa Clara, Fundão and Dona Francisca. |
2 Elejor requested the reclassification of its Small Hydroelectric Power Plants - (SHPs) Fundão I and Santa Clara I to Hydroelectric Generating Centers (CGHs), as amended by Art. 8 of Law 9074/1995. This was formalized through ANEEL Authorizing Resolutions 14,744 and 14,745 of 06/20/2023, with the plants exempted from concession, having only registration with ANEEL. |
3 The Concession Expires of the wind farm concessions are respectively: Carnaúbas (04.09.2047), Reduto (04.16.2047), Santo Cristo (04.18.2047), São João (03.26.2047). |
4 Holding of 6 SCPs operating in the field of distributed generation (photovoltaic plants): Pharma Solar II, Pharma Solar III, Pharma Solar IV, in commercial operation, e Bandeirantes Solar I, Bandeirantes Solar II e Bandeirantes Solar III, in pre-operational. |
5 Extension of Grant according to REH 3.242/2023. |
Exhibit IV - OPERATIONAL DATA > TRANSMISSION |
|
|
|
|
|
|
|
|
Subsidiary / SPC |
Contract |
Enterprise |
TL |
|
APR ¹ (R$ milhões) |
Concession Expiration |
Extension (km)2 |
Amount |
MVA |
Copel GeT |
060/20013 |
Several |
2,129 |
35 |
12,815 |
663.1 |
01.01.2043 |
Copel GeT |
075/20014 |
TL Bateias - Jaguariaiva |
138 |
- |
- |
17.0 |
08.17.2031 |
Copel GeT |
006/2008 |
TL Bateias - Pilarzinho |
32 |
- |
- |
2.8 |
03.17.2038 |
Copel GeT |
027/2009 |
TL Foz - Cascavel Oeste |
117 |
- |
- |
16.6 |
11.19.2039 |
Copel GeT |
010/2010 |
TL Araraquara II — Taubaté |
334 |
- |
- |
45.3 |
10.06.2040 |
Copel GeT |
015/2010 |
SE Cerquilho III |
- |
1 |
300 |
7.3 |
10.06.2040 |
Copel GeT |
022/2012 |
TL Foz do Chopim - Salto Osório
LT Londrina - Figueira |
102 |
- |
- |
8.1 |
08.27.2042 |
Copel GeT |
002/2013 |
TL Assis — Paraguaçu Paulista II |
83 |
1 |
150 |
11.7 |
02.25.2043 |
Copel GeT |
005/2014 |
TL Bateias - Curitiba Norte |
31 |
1 |
300 |
13.3 |
01.29.2044 |
Copel GeT |
021/2014 |
TL Foz do Chopim - Realeza |
52 |
1 |
300 |
13.5 |
09.05.2044 |
Copel GeT |
022/2014 |
TL Assis – Londrina |
122 |
- |
- |
28.1 |
09.05.2044 |
Copel GeT |
006/165 |
Lot E: TL Baixo Iguaçu - Realeza; TL Uberaba - Curitiba Centro; TL Curitiba Leste - Blumenau; SE Medianeira; SE Curitiba Centro; SE Andirá leste; Other Sections |
255 |
4 |
900 |
160.9 |
04.07.2046 |
Costa Oeste
Copel Get - 100% |
001/2012 |
TL Cascavel Norte - Cascavel Oeste
TL Cascavel Norte - Umuarama Sul
SE Umuarama Sul |
159 |
1 |
300 |
19.7 |
01.12.2042 |
Marumbi
Copel GeT - 100% |
008/2012 |
TL Curitiba - Curitiba Leste |
29 |
1 |
672 |
28.3 |
05.10.2042 |
Uirapuru Transmissora
Copel GeT - 100% |
002/20056 |
TL Ivaiporã - Londrina |
122 |
- |
- |
27.0 |
03.04.2035 |
Subtotal Copel GeT 7 |
|
|
3,705 |
45 |
15,737 |
1,062.6 |
|
Caiuá Transmissora
Copel GeT - 49%
Elecnor - 51% |
007/2012 |
TL Guaíra - Umuarama Sul
TL Cascavel Norte - Cascavel Oeste
SE Santa Quitéria / SE Cascavel Norte |
142 |
2 |
700 |
17.0 |
05.10.2042 |
Integração Maranhense
Copel GeT - 49%
Elecnor - 51% |
011/2012 |
TL Açailandia - Miranda II |
365 |
- |
- |
25.6 |
05.10.2042 |
Matrinchã
Copel GeT - 49%
State Grid - 51% |
012/2012 |
TL Paranaíta - Ribeirãozinho |
2,033 |
4 |
800 |
138.8 |
05.10.2042 |
Guaraciaba
Copel GeT - 49%
State Grid - 51% |
013/2012 |
TL Ribeirãozinho - Marimbondo |
930 |
1 |
- |
71.7 |
05.10.2042 |
Paranaíba
Copel GeT - 24,5%
Furnas - 24,5%
State Grid - 51% |
007/2012 |
TL Barreiras II - Pirapora II |
967 |
- |
- |
47.7 |
05.02.2043 |
Cantareira
Copel GeT - 49%
Elecnor - 51% |
19/2014 |
TL Estreito - Fernão Dias |
656 |
- |
- |
70.7 |
09.05.2044 |
Mata de Santa Genebra
Copel GeT - 50,1%
Furnas - 49,9% |
001/14 |
TL Araraquara II - Bateias |
887 |
1 |
3,600 |
161.1 |
05.14.2044 |
Subtotal SPCs 8 |
|
|
5,980 |
8 |
5,100 |
532.6 |
|
Total |
|
|
9,685 |
53 |
20,837 |
1,595.2 |
|
1 Proportional to Copel's interest in the project. Values referring to the 2023/2024 cycle, effective from July 1, 2024, according to REH 3.348/2024 - Technical Note No. 105/2024 – STR/ANEEL, of July 09, 2024. Considers investments that came into operation until 09/30/2024.
² Considers double circuit sections (circuits that share the same transmission tower).
³ Contract renewed according to Law 12,783/13. The O&M portion is part of the RBSE, under the terms of the Law. It will be received until the end of the concession (Jan/2043). The value of the APR for the 2024-2025 cycle, excluding the RBSE, according to REH 3,3348/2024, is R$ 148.3 million. This amount refers to additional RAP for reinforcements and improvements, in effect when REH 3,348/2024 was published.
4 As of 10.31.2018, the APR was reduced by 50%.
5 The construction of 38 km of sectioning lines was foreseen in the implementation of the Andirá Leste and Medianeira SEs, 2 km of which for Contract 060/2001 and 36 km for LTs that do not belong to Copel GeT, which, despite being included in the APR, in reason for the investment made, will not be added to Copel's assets.
6 As of 07/09/2021, the APR was reduced by 50%.
7 Consolidated Result.
8 Equity Income. |
Exhibit IV - OPERATIONAL DATA > DISTRIBUTION |
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|
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|
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OPERATIONAL DATA |
|
|
|
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|
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|
|
|
|
Number of Consumers |
Locations served |
Cities served |
Voltage |
Number of Substations |
MVA |
Km of lines |
5,137,652 |
1,068 |
395 |
13,8 kV |
- |
- |
113,526 |
34,5 kV |
237 |
1,704 |
91,744 |
69 kV |
36 |
2,518 |
778 |
88 kV |
0 |
5 |
- |
138 kV |
123 |
7,861 |
6,878 |
|
|
|
|
396 |
12,088 |
212,926 |
Consumer-to-employee ratio DIS |
2019 |
2020 |
2021 |
2022 |
2023 |
Sep-24 |
Captive Consumers |
4,713,240 |
4,835,852 |
4,926,608 |
5,011,555 |
5,098,006 |
5,159,261 |
Copel Dis employees |
4,964 |
4,641 |
4,430 |
4,257 |
4,203 |
3,237 |
Consum/Emp |
949 |
1,042 |
1,112 |
1,177 |
1,213 |
1,594 |
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|
QUALITY OF SUPPLY |
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|
|
|
Year |
DEC ¹
(hours) |
FEC ²
(outages) |
|
|
|
|
2020 |
7.83 |
5.61 |
|
|
|
|
2021 |
7.47 |
5.09 |
|
|
|
|
2022 |
7.96 |
5.10 |
|
|
|
|
2023 |
7.97 |
5.41 |
|
|
|
|
Sep-24 |
8.23 |
5.41 |
|
|
|
¹ DEC measured in hours and hundredths of an hour ² FEC expressed in number of interruptions and hundredths of a number of interruptions year to date * Values of the last 12 months |
Period |
Technical Loss |
Non-Technical Loss |
Total loss |
Regulatory (1) |
Real (2) |
Regulatory (3) |
Calculated (4) |
Regulatory (5) |
Total (6) |
Sep-20 |
6.05% |
6.02% |
4.70% |
3.49% |
8.16% |
7.61% |
Sep-21 |
5.79% |
5.91% |
4.47% |
4.48% |
7.71% |
7.71% |
Sep-22 |
5.79% |
5.73% |
4.47% |
4.22% |
7.63% |
7.53% |
Sep-23 |
5.79% |
5.85% |
4.47% |
4.71% |
7.57% |
7.67% |
Sep-24 |
5.79% |
6.24% |
4.47% |
4.22% |
7.57% |
7.47% |
|
|
|
|
|
|
|
(1) Percentage established in the tariff review; |
(2) Technical loss calculated and reported monthly to Aneel; |
(3) Percentage established in the tariff review; |
(4) Difference between reported total losses and technical losses calculated as a percentage established in the review and the total injected energy, also reported monthly to Aneel; |
(5) (Regulatory percentage of PNT x informed BT Market + technical losses calculated as a percentage established in the review and the total energy injected) / Injected energy; |
(6) Total loss on injected energy. |
NOTE: In the calculation of the distributor's total losses, energy losses inherent to the electric power system (technical losses), commercial losses (mainly due to fraud, theft) and differences related to the shift in the billing schedule and the effects of the portion of mini and micro generation distributed in the Company's network |
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized.
Date November 6, 2024
COMPANHIA PARANAENSE DE ENERGIA – COPEL |
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By: |
/S/
Daniel Pimentel Slaviero
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Daniel Pimentel Slaviero
Chief Executive Officer |
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FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements.
These statements are statements that are not historical facts, and are based on management's current view and estimates of future
economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes",
"estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended
to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal
operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends
affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect
the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected
events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic
and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual
results to differ materially from current expectations.
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