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____
Marketletter 4Q16
IV. Eletrobras Companies Information
IV.1 Financial Statements with Consolidation Purposes
The financial statements presented below have been adjusted for standardization purposes and to to reflect the Eletrobras consolidated statements.
ASSETS 12/31/2016 |
Furnas |
Chesf |
Eletrosul |
Eletronorte |
Eletropar |
Eletronuclear |
CGTEE |
Amazonas GT |
CURRENT |
| |||||||
Cash and Cash Equivalent |
35,220 |
140,399 |
36,843 |
8,992 |
499 |
15,323 |
56,007 |
23,622 |
Clients (Consumers and Resellers) |
729,397 |
336,115 |
207,965 |
1,173,997 |
- |
266,715 |
95,501 |
200,006 |
Financing and Loans |
572 |
827 |
- |
- |
- |
- |
- |
- |
Marketable Securities |
665,790 |
19,696 |
54,807 |
277,086 |
54,382 |
14,921 |
- |
77,693 |
Dividends to Receive (Remuneration of Equity Participations) |
105,888 |
62,548 |
8,259 |
- |
2,006 |
- |
- |
- |
Deferred Fiscal Assepts (Tax and Contributions) |
34,817 |
5,599 |
8,098 |
246,540 |
3,193 |
16,080 |
4,171 |
417 |
Income Tax and Social Contribution |
84,534 |
99,838 |
15,235 |
- |
- |
116,621 |
- |
- |
Derivatives |
- |
- |
- |
127,808 |
- |
- |
- |
- |
Reimbursement Rights |
- |
- |
- |
- |
- |
- |
39,224 |
- |
Linked Deposits |
- |
15,561 |
1,908 |
- |
- |
- |
- |
2,470 |
Stored Materials |
29,233 |
76,647 |
35,042 |
117,835 |
- |
79,247 |
31,065 |
6,415 |
Amounts to Receive - 12,783/2013 Law |
- |
- |
- |
- |
- |
- |
- |
- |
Nuclear Fuel Storage |
- |
- |
- |
- |
- |
455,737 |
- |
- |
Financial Assept |
1,164,416 |
1,314,991 |
310,005 |
784,702 |
- |
- |
- |
- |
Hydrological risk |
82,393 |
- |
2,007 |
12,640 |
- |
- |
- |
12,495 |
Others |
2,932,260 |
2,072,221 |
680,169 |
2,749,600 |
60,080 |
964,644 |
225,968 |
323,118 |
CURRENT TOTAL |
3,281,786 |
2,391,069 |
855,882 |
3,314,950 |
61,562 |
1,034,728 |
228,851 |
329,899 |
|
|
|
|
|
|
|
| |
NON-CURRENT |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
LONG-TERM ASSET |
|
|
|
|
|
|
|
|
Financial Assept – Itaipu (Parent Company) |
- |
- |
- |
- |
- |
- |
- |
- |
Fuel Consumption Account (Parent Company) |
- |
- |
- |
- |
- |
- |
- |
- |
Dividends to Receive (Equity Participation Remuneration) |
- |
- |
- |
- |
- |
- |
- |
- |
Clients (Consumers and Resellers) |
569,146 |
368 |
736,492 |
177,788 |
- |
- |
- |
- |
Financing and Loans - principal |
760 |
- |
- |
- |
- |
- |
- |
- |
Marketable Securities |
- |
1,639 |
42 |
258 |
- |
- |
- |
- |
Diferred Fiscal Assept (Taxes and Contributions) |
- |
187,637 |
4,167 |
36,563 |
- |
- |
24,780 |
- |
Income Tax and Social Contribution |
- |
- |
- |
839,708 |
- |
- |
- |
- |
Derivatives |
- |
- |
- |
100,965 |
- |
- |
- |
- |
Reimbursement Rights |
- |
- |
- |
- |
- |
- |
- |
- |
Linked Deposits |
825,378 |
1,120,173 |
144,919 |
449,997 |
- |
88,546 |
10,061 |
78,600 |
Financial Assept |
20,053,613 |
10,882,202 |
2,987,562 |
8,877,423 |
- |
675,269 |
- |
- |
Financial Assept – Indemnitiable Concessions (Generation) |
1,219,934 |
726,355 |
- |
- |
- |
- |
- |
- |
Advance for equity participation |
98,987 |
456,355 |
1,061,904 |
670 |
- |
- |
- |
- |
Hydrological risk |
251,130 |
- |
22,580 |
183,200 |
- |
- |
- |
767 |
Others |
559,773 |
234,611 |
210,731 |
2,264,198 |
1,482 |
496,004 |
178,707 |
9,071 |
LONG-TERM ASSET TOTAL |
23,578,721 |
13,609,340 |
5,168,397 |
12,930,770 |
1,482 |
1,259,819 |
213,548 |
88,438 |
|
|
|
|
|
|
|
| |
INVESTIMENTS |
6,292,227 |
5,291,992 |
2,504,708 |
4,293,873 |
154,379 |
- |
- |
- |
|
|
|
|
|
|
|
| |
FIXED ASSET |
5,723,725 |
1,506,582 |
2,932,739 |
6,790,543 |
28 |
5,215,112 |
1,126,206 |
1,982,813 |
|
|
|
|
|
|
|
| |
INTANGIBLE ASSET |
124,103 |
60,670 |
197,744 |
86,618 |
19 |
65,146 |
2,293 |
5,357 |
|
|
|
|
|
|
|
| |
NON-CURRENT ASSET TOTAL |
35,718,776 |
20,468,584 |
10,803,588 |
24,101,804 |
155,908 |
6,540,077 |
1,342,047 |
2,076,608 |
|
|
|
|
|
|
|
| |
TOTAL ASSET |
39,000,562 |
22,859,653 |
11,659,470 |
27,416,754 |
217,470 |
7,574,805 |
1,570,898 |
2,406,507 |
3
Marketletter 4Q16
LIABILITIES 12/31/2016 |
Furnas |
Chesf |
Eletrosul |
Eletronorte |
Eletropar |
Eletronuclear |
CGTEE |
Amazonas GT |
| ||||||||
CURRENT |
|
|
|
|
|
|
|
|
Suppliers |
340,397 |
313,138 |
127,488 |
547,870 |
- |
879,286 |
170,016 |
33,292 |
Loans and Financing - principal |
1,540,775 |
911,942 |
750,863 |
892,913 |
- |
300,646 |
371,145 |
397,927 |
Loans and Financing - charges |
168,055 |
15,031 |
205,454 |
51,474 |
- |
26,281 |
6,818 |
43 |
Bonds |
- |
- |
- |
12,442 |
- |
- |
- |
- |
Tax and Social Contributions |
289,619 |
108,562 |
39,300 |
109,502 |
163 |
79,903 |
17,492 |
123,039 |
Income Tax and Social Contribution |
65,499 |
7,621 |
222 |
25,167 |
68 |
- |
- |
20,797 |
Derivatives |
- |
- |
- |
332 |
- |
- |
- |
- |
Reimbursement Obligations |
- |
- |
- |
- |
- |
- |
- |
- |
Advance to clients (Early Energy Sale) |
- |
- |
- |
60,504 |
- |
- |
- |
- |
Shareholders Remuneration (dividends to pay) |
300,000 |
- |
90,644 |
973 |
8,465 |
- |
85,432 |
- |
Estimated Obligations |
176,315 |
218,630 |
85,432 |
339,681 |
348 |
86,463 |
14,781 |
22,764 |
Provisions for Contingencies |
- |
- |
- |
- |
300 |
- |
326,364 |
- |
Post-Employment Benefit (Complementary Pension Fund) |
9,032 |
27,727 |
6,833 |
- |
- |
2,853 |
- |
- |
Leasing |
- |
- |
- |
- |
- |
- |
- |
- |
Onerous Contracts |
- |
- |
- |
14,245 |
- |
- |
- |
- |
Concessions to Pay - UBP |
1,676 |
- |
2,466 |
- |
- |
- |
- |
- |
Sector Charges (statutory tax) |
76,435 |
72,717 |
46,669 |
299,617 |
- |
12,221 |
167 |
6,218 |
Others |
446,539 |
339,822 |
297,514 |
859,736 |
2,696 |
275,029 |
36,618 |
33,695 |
CURRENT TOTAL |
3,414,342 |
2,015,190 |
1,652,885 |
3,214,456 |
12,040 |
1,662,682 |
1,028,833 |
637,775 |
|
|
|
|
|
|
|
| |
NON-CURRENT |
|
|
|
|
|
|
|
|
Shareholders Remuneration (dividends to pay) |
- |
- |
- |
- |
- |
- |
- |
- |
Suppliers |
- |
- |
- |
168,867 |
- |
- |
16,555 |
- |
Loans and Financing - principal |
9,235,237 |
1,277,036 |
3,482,177 |
4,175,765 |
- |
7,391,903 |
2,302,480 |
1,336,505 |
Bonds |
- |
- |
- |
188,933 |
- |
- |
- |
- |
Tax and Social Contributions |
505,290 |
20,477 |
- |
135,016 |
- |
18,173 |
- |
- |
Income Tax and Social Contribution |
4,604,284 |
3,052,301 |
313,109 |
- |
15,352 |
- |
- |
- |
Derivatives |
- |
- |
- |
43,685 |
- |
- |
- |
- |
Reimbursement Obligations |
- |
- |
- |
- |
- |
- |
- |
- |
Advance to clients (Early Energy Sale) |
- |
- |
- |
592,215 |
- |
- |
- |
- |
Estimated Obligations |
31,419 |
37,050 |
2,822 |
7,162 |
- |
60,467 |
818 |
- |
Provisions for Contingencies |
857,374 |
1,839,391 |
143,911 |
810,087 |
- |
165,818 |
- |
58,588 |
Provision for uncovered liability in invested company |
- |
- |
311,009 |
- |
- |
- |
- |
- |
Post-Employment Benefit (Complementary Pension Fund) |
148,585 |
1,391,907 |
269,396 |
16,303 |
- |
34,912 |
71,699 |
477 |
Leasing |
- |
- |
- |
- |
- |
- |
- |
- |
Provision for Onerous Contracts |
652,457 |
279,907 |
- |
376,700 |
- |
1,350,241 |
- |
- |
Concessions to Pay - UBP |
35,099 |
- |
28,238 |
- |
- |
- |
- |
- |
Sector Charges (statutory tax) |
131,833 |
344,254 |
- |
- |
- |
- |
19,777 |
- |
Obligations for assept demobilization (Nuclear Power Plants) |
- |
- |
- |
- |
- |
1,402,470 |
- |
- |
Advance for future capital Increase |
49,777 |
- |
3 |
- |
- |
- |
483,857 |
- |
Others |
101,714 |
4,284 |
41,312 |
2,254,143 |
1,453 |
- |
- |
531,198 |
NON-CURRENT TOTAL |
16,353,069 |
8,246,607 |
4,591,977 |
8,768,876 |
16,805 |
10,423,984 |
2,895,186 |
1,926,768 |
|
|
|
|
|
|
|
| |
STOCKHOLDERS’ EQUITY |
|
|
|
|
|
|
|
|
Social Capital |
6,531,154 |
9,753,953 |
4,359,226 |
11,576,263 |
118,054 |
6,607,258 |
845,510 |
- |
Capital Reserves |
5,053,045 |
4,916,199 |
- |
- |
- |
- |
- |
- |
Profit Reserves |
9,168,995 |
- |
1,226,691 |
3,878,215 |
27,652 |
- |
2,596 |
- |
Additional Dividend Purposed |
- |
- |
- |
- |
- |
- |
- |
- |
Profit/Losses Accumulated |
- |
(267,407) |
- |
- |
- |
(10,952,863) |
(3,090,917) |
(247,523) |
Others Comprehensive Income |
(1,502,854) |
(1,820,879) |
(184,828) |
(22,616) |
42,919 |
(166,256) |
(110,310) |
- |
Non-controlling shareholders Participation |
(17,189) |
15,990 |
15,079 |
- |
- |
- |
- |
- |
|
|
|
|
|
|
|
| |
STOCKHOLDERS’ EQUITY TOTAL |
19,233,151 |
12,597,856 |
5,416,168 |
15,431,862 |
188,625 |
(4,511,861) |
(2,353,121) |
(247,523) |
|
|
|
|
|
|
|
| |
LIABILITIES AND STOCKHOLDERS’ EQUITY TOTAL |
39,000,562 |
22,859,653 |
11,661,030 |
27,415,194 |
217,470 |
7,574,805 |
1,570,898 |
2,317,020 |
4
Marketletter 4Q16
STATEMENT OF INCOME 12/31/2016 |
Furnas |
Chesf |
Eletrosul |
Eletronorte |
Eletropar |
Eletronuclear |
CGTEE |
Amazonas GT |
| ||||||||
Operational Revenues |
19,799,277 |
12,754,264 |
3,201,752 |
8,706,691 |
388 |
2,547,185 |
634,350 |
350,952 |
|
|
|
|
|
|
|
| |
Electric Energy Supply |
3,575,677 |
151,109 |
- |
3,007,453 |
- |
2,894,409 |
714,389 |
567,736 |
Electric Energy Supply - Generation |
22,594 |
846,687 |
495,309 |
1,120,330 |
- |
- |
- |
- |
Short Term Electric Energy |
230,088 |
55,073 |
256,870 |
385,152 |
- |
- |
- |
- |
Renewed Plants Operation and Maintenance Revenue |
836,554 |
1,326,561 |
- |
15,584 |
- |
- |
- |
- |
Construction Plants Revenue |
(12,158) |
30,097 |
- |
- |
- |
- |
- |
- |
Renewed Lines Operation and Maintenance Revenue |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue from Operation and Maintenance of Renewed Lines |
1,149,175 |
938,205 |
612,085 |
447,197 |
- |
- |
- |
- |
Receita de Operação e Manutenção de Linhas renovadas |
35,511 |
70,534 |
120,377 |
13,269 |
- |
- |
- |
- |
Construction Revenue - Transmission |
318,890 |
552,736 |
92,163 |
210,914 |
- |
- |
- |
- |
FINANCIAL - RETURN OF INVESTMENT |
14,228,062 |
9,437,203 |
1,773,270 |
3,967,726 |
- |
- |
- |
- |
Other Operating Income |
192,455 |
43,242 |
37,604 |
350,335 |
388 |
123 |
3,692 |
- |
|
|
|
|
|
|
|
|
|
Operational Revenue Deductions |
(777,571) |
(697,183) |
(185,926) |
(811,269) |
- |
(347,347) |
(83,731) |
(216,784) |
Operational Expenses |
(4,709,460) |
(6,251,316) |
(1,460,903) |
(5,132,948) |
(6,918) |
(6,346,306) |
(1,281,763) |
(4,709,460) |
|
|
|
|
|
|
|
| |
Personnel, Material and Services |
(2,042,497) |
(1,279,217) |
(537,344) |
(1,682,743) |
(4,270) |
(974,026) |
(267,629) |
(171,037) |
Investigation Findings |
(2,644) |
- |
- |
- |
- |
(141,313) |
- |
(67,166) |
Energy Purchased for Resale |
(562,175) |
(342,197) |
(264,124) |
(182,469) |
- |
- |
(223,785) |
(452,223) |
Charges on eletric grid Usage |
(496,049) |
(673,051) |
(26,135) |
(523,686) |
- |
(93,908) |
(43,875) |
(9,098) |
Construction |
(306,732) |
(582,833) |
(92,163) |
(210,914) |
- |
- |
- |
- |
Fuel used to produce electric energy |
(409,077) |
(7,803) |
- |
(3,717) |
- |
(371,902) |
(63,939) |
226,514 |
Remuneration and Reimbursement (Royalties – Hydric Resources) |
(167,296) |
(9,332) |
(12,590) |
(170,518) |
- |
- |
- |
(2,966) |
Depreciation and Amortization |
(280,276) |
(101,753) |
(181,249) |
(461,730) |
(26) |
(397,637) |
(72,983) |
(63,246) |
Operating Provisions |
(130,693) |
(2,996,350) |
(313,184) |
(1,645,803) |
(1,243) |
(4,249,259) |
(554,389) |
76,278 |
Others |
(312,021) |
(258,780) |
(34,114) |
(251,368) |
(1,379) |
(118,261) |
(55,163) |
80,619 |
|
|
|
|
|
|
|
| |
OPERATING RESULT BEFORE FINANCIAL RESULT |
15,089,817 |
6,502,948 |
1,740,849 |
3,573,743 |
(6,530) |
(3,799,121) |
(647,413) |
(31,373) |
|
|
|
|
|
|
|
| |
FINANCIAL REVENUES (EXPENSES) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Revenue from financial investments |
88,767 |
58,370 |
37,617 |
100,497 |
8,989 |
3,168 |
7,547 |
15,485 |
Interest, Commission and Rates revenue (loans and financing) |
65,121 |
- |
- |
- |
- |
- |
- |
- |
Debt Charges |
(1,062,093) |
(200,688) |
(498,125) |
(632,081) |
- |
(94,865) |
(416,970) |
(247,829) |
Charges – shareholders remuneration |
- |
- |
(5,418) |
- |
- |
- |
(10,504) |
- |
Moratorium Increase on electric energy |
16,583 |
94,168 |
- |
(5,661) |
- |
- |
- |
- |
Net Monetary Updates |
(101,338) |
34,824 |
(15,952) |
242,633 |
- |
(7,262) |
2,621 |
(31,630) |
Net Exchange Updates |
87,628 |
- |
48,008 |
82,885 |
- |
(50,338) |
107 |
- |
Others Financial Revenues |
80,954 |
81,733 |
107,815 |
42,723 |
- |
37,610 |
1,439 |
7,261 |
Others Financial Expenses |
(156,199) |
(53,526) |
(98,132) |
(44,416) |
(931) |
(164,868) |
(10,036) |
(24,306) |
Derivatives |
- |
- |
- |
218,714 |
- |
- |
- |
- |
|
|
|
|
|
|
|
| |
FINANCIAL RESULT |
(980,577) |
14,881 |
(424,187) |
5,294 |
8,058 |
(276,555) |
(425,796) |
(281,019) |
|
|
|
|
|
|
|
| |
EQUITY PARTICIPATION RESULT |
(184,704) |
456,751 |
240,485 |
144,074 |
34,861 |
- |
- |
- |
|
|
|
|
|
|
|
| |
RESULT BEFORE SOCIAL CONTRIBUTION, INCOME TAX, EMPLOYEES AND MANAGEMENT PARTICIPATION AND MINORITY PARTICIPATION |
13,924,536 |
6,974,580 |
1,557,147 |
3,723,111 |
36,389 |
(4,075,676) |
(1,073,209) |
(312,392) |
|
|
|
|
|
|
|
| |
Income Tax and Social Contribution and Fiscal Incentives Revenue |
(4,473,780) |
(2,989,197) |
(448,055) |
(534,270) |
(880) |
- |
- |
(37,858) |
|
|
|
|
|
|
|
| |
RESULT BEFORE EQUITY PARTICIPATIONS |
9,450,756 |
3,985,383 |
1,109,092 |
3,188,841 |
35,509 |
(4,075,676) |
(1,073,209) |
(350,250) |
|
|
|
|
|
|
|
| |
Minority Participation |
- |
- |
- |
- |
- |
- |
- |
- |
NET PROFIT OF THE PERIOD |
9,450,756 |
3,985,383 |
1,115,332 |
3,524,141 |
35,787 |
(4,075,676) |
(1,073,209) |
(350,250) |
5
Marketletter 4Q16
CASH FLOW 12/31/2016 |
Furnas |
Chesf |
Eletrosul |
Eletronorte |
Eletronuclear |
CGTEE |
Eletropar |
Amazonas GT |
Operating Activities |
13,924,536 |
6,974,580 |
1,557,147 |
3,723,111 |
(4,075,676) |
(1,073,209) |
36,389 |
(312,392) |
Profit (loss) before income tax and social contribution |
|
|
|
|
|
|
|
|
Depreciation and Amortization |
280,276 |
101,753 |
181,249 |
461,730 |
397,637 |
77,924 |
26 |
63,246 |
Net monetary variation |
126,510 |
- |
15,952 |
(242,633) |
7,262 |
(2,621) |
- |
31,381 |
Net exchange variation |
(93,328) |
(34,824) |
(48,008) |
(82,885) |
50,338 |
(107) |
- |
- |
Financial Charges |
1,127,420 |
200,688 |
409,561 |
632,081 |
94,865 |
411,684 |
- |
247,829 |
Equity Result |
184,704 |
(456,751) |
(240,485) |
(144,074) |
- |
- |
(34,861) |
- |
Provision for uncovered liability |
- |
- |
- |
- |
- |
- |
- |
- |
Provision for doubtful credit liquidation |
23,868 |
110,711 |
555 |
336,210 |
3,225 |
- |
- |
- |
Provisions for contingencies |
122,270 |
287,179 |
27,129 |
(19,016) |
8,276 |
303,451 |
57 |
3,906 |
Provision for staff realignment |
- |
- |
- |
- |
- |
- |
- |
- |
Provision for loss with Investments |
- |
278,613 |
- |
863,860 |
- |
- |
1,186 |
- |
Provision for reduction on recoverable amount of Investment |
26,046 |
2,232,115 |
246,550 |
258,644 |
2,885,939 |
236,126 |
- |
(85,809) |
Provision for onerous contracts |
(350,441) |
32,895 |
- |
142,490 |
1,350,241 |
- |
- |
- |
Provision for loss with Financial Assept |
- |
- |
- |
- |
- |
- |
- |
- |
Global reversal reserve charges |
- |
- |
- |
- |
- |
- |
- |
- |
Adjustment to Present Value / Market Value |
- |
- |
2,718 |
- |
84,083 |
- |
- |
- |
Minority Participation in Result |
18,239 |
- |
- |
- |
- |
- |
- |
- |
Charges on Shareholders funds |
- |
- |
5,418 |
- |
- |
10,504 |
- |
- |
Financial Assept Revenue |
(14,228,062) |
(9,521,652) |
(1,773,270) |
(3,967,726) |
- |
- |
- |
- |
Derivatives |
- |
- |
- |
218,714 |
- |
- |
- |
- |
Others |
76,895 |
181,182 |
(678,993) |
(792,732) |
396,860 |
(4,683) |
- |
52,209 |
(Increase) decrease on operating assept/liability |
317,724 |
(11,573) |
201,594 |
54,696 |
(443,015) |
(34,193) |
(2,315) |
92,697 |
|
|
|
|
|
|
|
| |
Cash from Operating Activities |
1,556,657 |
374,916 |
(92,883) |
1,442,470 |
760,035 |
(75,124) |
482 |
93,067 |
|
|
|
|
|
|
|
| |
Payment of financial charges |
(1,312,298) |
(182,383) |
(242,223) |
(346,909) |
(214,290) |
(28,136) |
- |
(96,806) |
Payment of charges of global reversal reserve |
- |
- |
- |
- |
- |
- |
- |
- |
Financial charges receivable |
312 |
- |
222 |
- |
- |
- |
- |
- |
Remuneration from equity investments received |
174,796 |
85,805 |
2,894 |
55,612 |
- |
- |
6,548 |
- |
Annual allowed Revenue Receiving (Financial Assept) |
271,998 |
(320,831) |
960,752 |
464,211 |
- |
- |
- |
- |
Financial Assept Indemnities Receiving |
- |
- |
- |
- |
- |
- |
- |
- |
Payment of income tax and social contribution |
(252,424) |
(16,720) |
(1,160) |
(539,616) |
(116,621) |
- |
(880) |
- |
Complementary pension fund payment |
(65,734) |
(120,161) |
(6,490) |
- |
- |
- |
- |
- |
Payment of lawsuit contingencies |
- |
(108,324) |
- |
(98,289) |
- |
- |
- |
- |
Lawsuit Deposits |
(218,738) |
(59,256) |
2,433 |
43,424 |
(5,541) |
(5,014) |
- |
(5,830) |
|
|
|
|
|
|
|
| |
Net Cash from Operating Activities |
154,569 |
(346,954) |
623,545 |
1,020,903 |
423,583 |
(108,274) |
6,149 |
(9,569) |
|
|
|
|
|
|
|
| |
Financing Activities |
|
|
|
|
|
|
|
|
Loans and financing obtained |
1,746,621 |
652,974 |
748,371 |
757,180 |
611,000 |
- |
- |
180,334 |
Loans and financing payable - principal |
(843,852) |
(340,165) |
(953,013) |
(701,258) |
(160,733) |
(74,804) |
- |
(20) |
Payment to Shareholders |
- |
- |
(3,125) |
- |
- |
- |
(5,361) |
- |
Payment of refinancing of taxes and contributions - Principal |
(102,464) |
- |
(18,633) |
- |
- |
- |
- |
- |
Global Reversion Reserve Replacement |
- |
- |
- |
- |
- |
- |
- |
- |
Receiving of advance for future capital increase (AFAC) |
- |
(182,564) |
7 |
- |
- |
241,824 |
- |
- |
Others |
- |
- |
- |
- |
- |
- |
127 |
- |
Net Cash from Financing Activities |
800,305 |
130,245 |
(226,393) |
55,922 |
450,267 |
167,020 |
(5,234) |
180,314 |
|
|
|
|
|
|
|
| |
Investment Activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Financing and Loans Concessions |
- |
- |
- |
- |
- |
- |
- |
- |
Receiving of Loans and Financing Ceded |
32,596 |
- |
- |
- |
- |
- |
- |
- |
Acquisition of property, unit and equipment |
(106,531) |
(238,168) |
(101,223) |
(48,233) |
(947,389) |
(6,754) |
(10) |
(185,293) |
Acquisition of intangible assepts |
(13,051) |
(4,410) |
(4,471) |
(1,608) |
(13,383) |
(1,175) |
- |
- |
Acquisition of concession assepts |
(304,595) |
- |
(87,964) |
(249,661) |
- |
- |
- |
- |
Concession for advance of future capital increase |
(75,081) |
- |
(284,437) |
(80,614) |
- |
- |
- |
- |
Acquisition/Contribution of capital in equity participation |
(1,053,830) |
(243,662) |
(127,483) |
(1,260,622) |
- |
- |
(5,794) |
- |
Concession for Future Capital Increase |
- |
- |
- |
- |
- |
- |
- |
- |
Others |
588,739 |
469,481 |
211,779 |
502,272 |
95,361 |
- |
- |
- |
|
|
|
|
|
|
|
| |
Net Cash from investments activities |
(931,753) |
(16,759) |
(393,799) |
(1,138,466) |
(865,411) |
(7,929) |
(5,804) |
(185,293) |
|
|
|
|
|
|
|
| |
Increase (decrease) in cash and cash equivalents |
23,121 |
(233,468) |
3,353 |
(61,641) |
8,439 |
50,817 |
(4,888) |
(14,548) |
Cash and cash equivalent – beginning of period |
12,099 |
373,867 |
33,490 |
70,633 |
6,884 |
5,190 |
5,388 |
38,170 |
Cash and cash equivalent – end of period |
35,220 |
140,399 |
36,843 |
8,992 |
15,323 |
56,007 |
499 |
23,622 |
23.121 |
(233.468) |
3.353 |
(61.641) |
8.439 |
50.817 |
(4.889) |
(14.548) |
6
Marketletter 4Q16
ASSETS 12/31/2016 |
Furnas |
Chesf |
Eletrosul |
Eletronorte |
Eletropar |
Eletronuclear |
CGTEE |
ASSETS |
|
| |||||
|
| ||||||
CURRENT |
- |
- |
- |
- |
- |
- |
- |
Cash and Cash Equivalent |
12,099 |
373,867 |
33,490 |
70,633 |
5,388 |
6,884 |
5,190 |
Clients (Consumers and Resellers) |
750,162 |
378,379 |
197,710 |
1,096,661 |
- |
108,388 |
86,540 |
Financing and Loans |
1,822 |
3,214 |
1,460 |
- |
- |
- |
- |
Marketable Securities |
1,193,743 |
487,871 |
42,048 |
1,064,934 |
64,053 |
151,413 |
- |
Dividends to Receive (Equity Participation Remuneration) |
138,384 |
33,846 |
2,745 |
- |
39 |
- |
- |
Deferred Fiscal Asset (tax and contribution) |
9,646 |
19,315 |
10,830 |
179,254 |
3,919 |
21,715 |
1,265 |
Income tax and Social Contribution |
295,105 |
168,865 |
39,897 |
- |
- |
41,259 |
- |
Derivatives |
- |
- |
- |
21,307 |
- |
- |
- |
Reimbursement Right |
- |
- |
- |
- |
- |
- |
46,930 |
Linked Deposit |
- |
11,010 |
48,137 |
- |
- |
- |
- |
Stored Material |
26,283 |
83,478 |
38,240 |
108,470 |
- |
93,113 |
29,318 |
Amounts to Receive Law 12,783/2013 |
- |
- |
- |
- |
- |
- |
- |
Nuclear Fuel Storage |
- |
- |
- |
- |
- |
402,453 |
- |
Financial Asset |
- |
114,207 |
52,357 |
363,411 |
- |
- |
- |
Regulatory Asset (Installment A - CVA) |
- |
- |
- |
- |
- |
- |
- |
Others |
235,996 |
356,703 |
487,623 |
288,013 |
5,152 |
81,793 |
1,838 |
CURRENT TOTAL |
2,663,240 |
2,030,755 |
954,537 |
3,192,683 |
78,551 |
907,018 |
171,081 |
|
| ||||||
NON-CURRENT |
|
| |||||
Fuel Consumption Account – CCC (Parent Company |
- |
- |
- |
- |
- |
- |
- |
Dividends Receivable (Compensation of shareholdings) |
- |
- |
- |
- |
- |
- |
- |
Clients (Consumers and Resellers) |
496,537 |
4,986 |
628,315 |
7,057 |
- |
- |
- |
Financing and Loans - principal |
1,333 |
795 |
2,793 |
- |
- |
- |
- |
Marketable Securities |
- |
2,945 |
42 |
240 |
- |
- |
- |
Deferred Fiscal Asset (tax and contribution) |
- |
175,844 |
4,569 |
18,372 |
2,192 |
- |
33,659 |
Income tax and Social Contribution |
- |
- |
112,261 |
1,309,948 |
- |
- |
- |
Derivatives |
- |
- |
- |
25,004 |
- |
- |
- |
Reimbursement Right |
- |
- |
- |
- |
- |
- |
- |
Linked Deposit |
617,995 |
1,023,037 |
180,001 |
480,481 |
54 |
59,442 |
5,048 |
Financial Asset |
8,177,304 |
5,009,346 |
1,643,371 |
5,741,981 |
- |
- |
- |
Nuclear fuel stock |
- |
- |
- |
- |
- |
578,425 |
- |
Advances for equity interest |
44,099 |
348,887 |
781,467 |
37,079 |
- |
- |
- |
Regulatory Asset (Portion A - CVA) |
- |
- |
- |
- |
- |
- |
- |
Others |
758,138 |
193,955 |
129,194 |
2,382,736 |
- |
516,390 |
142,196 |
LONG-TERM ASSET TOTAL |
10.095.406 |
6.759.795 |
3.482.013 |
10.002.898 |
2.246 |
1.154.257 |
180.903 |
|
| ||||||
INVESTIMENTS |
6.055.103 |
4.458.421 |
2.130.270 |
3.805.382 |
90.267 |
- |
- |
|
| ||||||
FIXED ASSET |
5.858.154 |
1.464.775 |
3.299.552 |
7.169.916 |
37 |
6.941.630 |
1.432.885 |
|
| ||||||
INTANGIBLE |
132.857 |
63.945 |
220.817 |
95.562 |
28 |
60.272 |
1.749 |
|
| ||||||
NON-CURRENT TOTAL |
22.141.520 |
12.746.936 |
9.132.652 |
21.073.758 |
92.578 |
8.156.159 |
1.615.537 |
|
| ||||||
ASSET TOTAL |
24.804.760 |
14.777.691 |
10.087.189 |
24.266.441 |
171.129 |
9.063.177 |
1.786.618 |
7
Marketletter 4Q16
LIABILITIES 12/31/2015 |
Furnas |
Chesf |
Eletrosul |
Eletronorte |
Eletropar |
Eletronuclear |
CGTEE |
CURRENT |
|
|
|
|
|
|
|
Compulsory Loan (Parent Company) |
- |
- |
- |
- |
- |
- |
- |
Fuel Consumption Account - CCC (Parent Company) |
- |
- |
- |
- |
- |
- |
- |
Suppliers |
- |
- |
- |
- |
- |
- |
- |
Loans and Financing - principal |
747,019 |
384,549 |
206,997 |
587,433 |
- |
703,358 |
232,394 |
Loans and Financing - charges |
741,474 |
283,037 |
742,802 |
572,648 |
- |
197,590 |
322,320 |
Bonds |
104,304 |
15,001 |
68,559 |
29,861 |
- |
19,615 |
16,800 |
Taxes and Social Contribution |
- |
- |
342,671 |
14,555 |
- |
- |
- |
Income Tax and Social Contributions |
330,216 |
111,435 |
60,340 |
103,776 |
173 |
75,892 |
33,146 |
Derivatives |
137,993 |
6,235 |
86 |
239,289 |
45 |
- |
- |
Reimbursement Obligations |
- |
- |
- |
1,748 |
- |
- |
- |
Advance to clients (Early Energy Sale) |
- |
- |
- |
54,832 |
- |
- |
- |
Shareholders Remuneration (dividends to pay) |
- |
- |
39,412 |
51,438 |
1,249 |
- |
74,928 |
Estimated Obligations |
156,255 |
196,595 |
81,955 |
245,395 |
316 |
79,011 |
13,531 |
Provisions for Contingencies |
- |
- |
- |
- |
300 |
- |
47,080 |
Post Employment Benefit (Complementary Pension Fund) |
8,005 |
25,876 |
6,422 |
- |
- |
2,529 |
- |
Leasing |
- |
- |
- |
- |
- |
- |
- |
Onerous Contracts |
- |
- |
- |
9,073 |
- |
- |
- |
Concessions to Pay - UBP |
1,616 |
- |
2,304 |
- |
- |
- |
- |
Sector Charges (statutory taxes) |
139,535 |
127,649 |
42,691 |
293,778 |
- |
381 |
2,416 |
Regulatory Assept (Installment A - CVA) |
- |
- |
- |
- |
- |
- |
- |
Others |
393,143 |
154,748 |
166,452 |
1,254,088 |
14,229 |
70,511 |
28,384 |
CURRENT TOTAL |
2,759,560 |
1,305,125 |
1,760,691 |
3,457,914 |
16,312 |
1,148,887 |
770,999 |
|
|
|
|
|
|
| |
NON-CURRENT |
|
|
|
|
|
|
|
National Treasury Credits (Parent Company) |
- |
- |
- |
- |
- |
- |
- |
Remuneration to Shareholders (dividends to pay) |
- |
- |
- |
- |
- |
- |
- |
Compulsory Loan (Parent Company) |
- |
- |
- |
- |
- |
- |
- |
Fuel Consumption Account (Parent Company) |
- |
- |
- |
- |
- |
- |
- |
Reversion Global Reserve - RGR (Parent Company) |
- |
- |
- |
- |
- |
- |
- |
Suppliers |
- |
- |
- |
332,556 |
- |
- |
18,920 |
Loans and Financing - principal |
8,879,348 |
1,152,608 |
3,221,455 |
4,386,224 |
- |
6,610,890 |
2,074,115 |
Bonds |
- |
- |
- |
205,248 |
- |
- |
- |
Taxes and Social Contribution |
594,695 |
19,859 |
29,283 |
- |
- |
- |
- |
Income Tax and Social Contributions |
194,375 |
65,070 |
- |
- |
11,062 |
- |
- |
Derivatives |
- |
- |
- |
78,521 |
- |
- |
- |
Reimbursement Obligations |
- |
- |
- |
659,082 |
- |
- |
- |
Advance to clients (Early Energy Sale) |
46,022 |
66,845 |
6,182 |
15,270 |
- |
58,143 |
1,262 |
Estimated Obligations |
735,104 |
1,660,536 |
95,081 |
1,233,616 |
- |
179,704 |
- |
Provisions for Contingencies |
- |
- |
257,906 |
- |
- |
- |
- |
Provision for uncovered liabilities on invested companies |
183,289 |
1,130,958 |
183,354 |
25,591 |
- |
33,678 |
7,112 |
Post Employment Benefit (Complementary Pension Fund) |
- |
- |
- |
- |
- |
- |
- |
Leasing |
1,002,898 |
247,012 |
- |
239,382 |
- |
- |
- |
Provision for Onerous Contracts |
35,494 |
- |
24,150 |
- |
- |
- |
- |
Concessions to Pay - UBP |
113,210 |
260,893 |
- |
- |
- |
- |
4,333 |
Sector Charges (statutory taxes) |
- |
- |
- |
- |
- |
1,201,186 |
- |
Obligations for assept demobilization (Nuclear Power Plant Demobilization) |
43,649 |
- |
52 |
- |
- |
- |
120,505 |
Advance for future Capital Increase |
- |
- |
- |
- |
- |
- |
- |
Regulatory Liability (Installment A - CVA) |
1 |
4,571 |
107,081 |
1,655,234 |
- |
182,277 |
- |
Others |
11,828,085 |
4,608,352 |
3,924,544 |
8,830,724 |
11,062 |
8,265,878 |
2,226,247 |
NON-CURRENT TOTAL |
- |
- |
- |
- |
- |
- |
- |
|
|
|
|
|
|
| |
SHAREHOLDERS’ EQUITY |
- |
- |
- |
- |
- |
- |
- |
Social Capital |
6,531,154 |
9,753,953 |
4,359,226 |
11,576,263 |
118,054 |
6,607,258 |
845,510 |
Capital Reserves |
5,123,332 |
4,916,199 |
- |
- |
- |
- |
- |
Profit Reserves |
- |
- |
160,825 |
394,354 |
478 |
- |
2,596 |
Additional Dividend Purposed |
- |
- |
- |
30,210 |
3,746 |
- |
- |
Profit/Losses accumulated |
(70,287) |
(4,252,682) |
- |
- |
- |
(6,877,187) |
(2,017,708) |
Others Comprehensive Income |
(1,368,105) |
(1,569,138) |
(129,475) |
(26,146) |
21,476 |
(81,659) |
(41,026) |
Non-controlling shareholders remuneration |
1,021 |
15,882 |
14,500 |
- |
- |
- |
- |
|
|
|
|
|
|
| |
SHAREHOLDERS’ EQUITY TOTAL |
10,217,115 |
8,864,214 |
4,405,076 |
11,974,681 |
143,754 |
(351,588) |
(1,210,628) |
|
|
|
|
|
|
| |
LIABILITY AND SHAREHOLDERS’ EQUITY TOTAL |
24,804,760 |
14,777,691 |
10,090,311 |
24,263,319 |
171,128 |
9,063,177 |
1,786,618 |
8
Marketletter 4Q16
STATEMENT OF INCOME 12/31/2015 |
Furnas |
Chesf |
Eletrosul |
Eletronorte |
Eletropar |
Eletronuclear |
CGTEE |
AMAZONAS GT |
|
|
|
|
|
|
|
| |
Operational Revenue |
6,570,320 |
4,039,862 |
1,623,168 |
5,949,050 |
- |
1,902,329 |
374,637 |
179,079 |
|
|
|
|
|
|
|
| |
Supply (sell) of Electric Energy |
4,048,430 |
139,221 |
- |
3,904,711 |
- |
2,160,585 |
425,114 |
258,968 |
Supply of Electric Energy - Generation |
15,445 |
1,185,628 |
379,610 |
1,206,994 |
- |
- |
- |
- |
Short Term Electric Energy |
507,223 |
223,285 |
318,978 |
91,634 |
- |
- |
- |
- |
Renewed Plants Operation and Maintenence Revenue |
667,939 |
1,199,485 |
- |
15,213 |
- |
- |
- |
- |
Construction Plants Revenue |
41,804 |
50,953 |
- |
- |
- |
- |
- |
- |
|
|
|
|
|
|
|
| |
Financial Effect Itaipu (Parent Company) |
1,035,452 |
863,938 |
574,905 |
450,255 |
- |
- |
- |
- |
Renewed Lines Operation and Maintenence Revenue |
32,698 |
55,449 |
92,286 |
10,939 |
- |
- |
- |
- |
Construction Revenue - Transmission |
633,203 |
949,042 |
181,682 |
313,689 |
- |
- |
- |
- |
Financial – Return on Investment |
215,840 |
81,743 |
205,247 |
335,257 |
- |
- |
- |
- |
Others Operational Revenue |
196,760 |
25,509 |
45,057 |
364,631 |
- |
411 |
3,467 |
- |
|
|
|
|
|
|
|
| |
Deductions to Operational Revenue |
(824,474) |
(734,391) |
(174,597) |
(744,273) |
- |
(258,667) |
(53,944) |
(79,889) |
|
|
|
|
|
|
|
| |
Operational Expenses |
(5,434,531) |
(4,680,061) |
(1,560,434) |
(5,535,640) |
(4,996) |
(6,891,807) |
(671,999) |
(286,477) |
|
|
|
|
|
|
|
| |
Personnel, Materials and Services |
(2,027,964) |
(1,178,261) |
(495,876) |
(1,459,146) |
(3,951) |
(1,020,310) |
(270,477) |
(84,943) |
Electric Energy Purchased for Resale |
(457,343) |
(346,350) |
(224,560) |
(629,974) |
- |
- |
(84,877) |
- |
Charges on Electric Energy usage grid |
(468,948) |
(673,906) |
(16,805) |
(512,921) |
- |
(83,793) |
(39,019) |
(3,902) |
Construction |
(675,007) |
(999,995) |
(181,682) |
(313,689) |
- |
- |
- |
- |
Fuel used to produce electric energy |
(520,272) |
(176,425) |
- |
(175,794) |
- |
(286,951) |
(78,101) |
95,182 |
Remuneration and Reimbursement (Royalties – Hydric Resources Usage) |
(105,816) |
(9,691) |
(12,902) |
(213,526) |
- |
- |
- |
(2,739) |
Depreciation and Amortization |
(244,517) |
(106,565) |
(118,651) |
(425,477) |
(26) |
(367,981) |
(76,009) |
(31,711) |
Operational Provisions |
(649,796) |
(1,003,996) |
(453,919) |
(1,678,268) |
(188) |
(5,037,026) |
(101,082) |
(257,825) |
Others |
(284,868) |
(184,872) |
(56,039) |
(126,845) |
(831) |
(95,746) |
(22,434) |
(539) |
|
|
|
|
|
|
|
| |
OPERATING RESULT BEFORE FINANCIAL RESULT |
1,135,789 |
(640,199) |
62,734 |
413,410 |
(4,996) |
(4,989,478) |
(297,362) |
(107,398) |
|
|
|
|
|
|
|
| |
FINANCIAL (EXPENSES) REVENUES |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Revenue from Financial Investments |
141,269 |
138,114 |
37,311 |
173,011 |
7,513 |
2,138 |
121 |
5,099 |
Interest, Commission and Rates revenue (loans and financing) |
59,954 |
- |
- |
- |
- |
- |
- |
- |
Debt Charges |
(919,075) |
(143,371) |
(391,541) |
(579,332) |
- |
(55,780) |
(324,337) |
(89,958) |
Charges – remuneration to shareholders |
- |
- |
(4,528) |
- |
- |
- |
(8,733) |
- |
Moratorium Increase on electric energy |
4,976 |
87,260 |
- |
42,556 |
- |
- |
- |
- |
Net Monetary Update |
(225,834) |
24,424 |
(56,289) |
371,596 |
- |
(30,098) |
- |
(53,587) |
Net Exchange Update |
(212,592) |
- |
(60,627) |
(264,339) |
- |
(98,279) |
(360) |
- |
Losses with Derivatives |
|
|
|
(221,666) |
|
|
|
|
Other financial income |
129,508 |
68,133 |
100,144 |
3,477 |
- |
158,188 |
659 |
2,916 |
Other financial expenses |
(161,755) |
(37,934) |
(97,967) |
(41,102) |
(51) |
(104,749) |
(18,355) |
(278) |
Indemnities Remuneration – Law 12,783/13 |
(118,288) |
(70,597) |
26,795 |
88,612 |
- |
- |
- |
- |
FINANCIAL RESULT |
(1,301,837) |
66,029 |
(446,702) |
(427,187) |
7,462 |
(128,580) |
(351,005) |
(135,808) |
|
|
|
|
|
|
|
| |
EQUITY PARTICIPATIONS RESULT |
405,687 |
(8,816) |
(510,925) |
112,951 |
3,472 |
- |
- |
- |
|
|
|
|
|
|
|
| |
RESULT BEFORE SOCIAL CONTRIBUTION, INCOME TAX, EMPLOYEES AND MANAGEMENT PARTICIPATION AND MINORITY PARTICIPATION |
239,639 |
(582,986) |
(894,893) |
99,174 |
5,938 |
(5,118,058) |
(648,367) |
(243,206) |
|
|
|
|
|
|
|
| |
Deferred Income Tax and Social Contribution |
(309,989) |
106,994 |
129,399 |
2,497 |
(626) |
- |
- |
- |
Fiscal Incentives Revenue |
(194,097) |
133,659 |
|
329,428 |
- |
- |
- |
- |
RESULT BEFORE EQUITY PARTICIPATIONS |
(70,350) |
(475,992) |
(765,494) |
101,671 |
5,312 |
(5,118,058) |
(648,367) |
(243,206) |
|
|
|
|
|
|
|
| |
Minority Participations |
- |
- |
- |
- |
- |
- |
- |
- |
NET PROFIT OF THE PERIOD |
(70,350) |
(476,041) |
(910,169) |
101,671 |
5,312 |
(5,118,058) |
(648,367) |
(243,206) |
9
Marketletter 4Q16
CASH FLOW 12/31/2015 |
Furnas |
Chesf |
Eletrosul |
Eletronorte |
Eletronuclear |
CGTEE |
Eletropar |
Amazonas GT |
Operating Activities |
|
|
|
|
|
|
|
|
Profit (loss) before income tax and social contribution |
239,639 |
(582,986) |
(894,893) |
99,174 |
(5,118,058) |
(648,367) |
5,938 |
(243,206) |
'Adjustments to reconcile profit with cash generated by operations: |
|
|
|
|
|
|
|
|
Depreciation and amortization |
244,517 |
106,565 |
118,651 |
425,477 |
367,981 |
80,203 |
26 |
31,711 |
Monetary net variation |
- |
- |
47,329 |
(806,948) |
30,098 |
- |
- |
53,587 |
Exchange net variation |
504,563 |
116,770 |
60,627 |
611,079 |
98,279 |
360 |
- |
- |
Financing charges |
1,327,323 |
143,371 |
357,090 |
579,332 |
67,082 |
315,673 |
- |
89,958 |
Equity Method Result |
(405,687) |
16,566 |
510,925 |
(112,951) |
- |
- |
(3,472) |
- |
Provision for uncovered liability |
- |
- |
- |
- |
- |
- |
- |
- |
Provision for doubtful credit liquidation |
158,184 |
84,815 |
470 |
231,337 |
- |
- |
- |
- |
Provisions for contingencies |
225,813 |
353,602 |
7,816 |
669,610 |
23,906 |
14,997 |
300 |
6,304 |
Provision for staff realignment |
- |
- |
- |
- |
- |
- |
- |
- |
Provision for investment loss |
- |
- |
- |
- |
- |
- |
- |
2,115 |
Provision for reduction on recoverable amount of Investment |
(27,886) |
377,515 |
291,965 |
(39,919) |
4,973,111 |
83,946 |
189 |
156,820 |
Provision for onerous contracts |
32,963 |
132,288 |
- |
201,226 |
- |
- |
- |
- |
Provision for loss with Financial Assept |
- |
- |
- |
- |
- |
- |
- |
- |
Global reversal reserve charges |
- |
- |
- |
- |
- |
- |
- |
- |
Adjustment to Present Value / Market Amount |
- |
- |
(2,910) |
- |
81,875 |
- |
- |
- |
Minority Participation in Result |
63 |
- |
- |
- |
- |
- |
- |
- |
Charges on Shareholders funds |
- |
- |
4,528 |
- |
- |
8,733 |
- |
- |
Financial Assept Revenue |
(215,840) |
(81,743) |
(205,247) |
(335,257) |
- |
- |
- |
- |
Derivatives |
- |
- |
- |
221,666 |
- |
- |
- |
- |
Others |
(348,365) |
123,962 |
(479,654) |
526,853 |
211,318 |
(4,570) |
- |
94,670 |
(Increase) decrease on operating assept/liability |
(270,245) |
(354,570) |
123,141 |
(241,622) |
(261,377) |
91,747 |
(13,982) |
(332,923) |
|
|
|
|
|
|
|
| |
Cash from Operating Activities |
1,465,042 |
436,155 |
(60,162) |
2,029,057 |
474,215 |
(57,278) |
(11,002) |
(140,964) |
|
|
|
|
|
|
|
| |
Payment of financial charges |
(1,198,674) |
(138,177) |
(270,297) |
(326,587) |
(132,995) |
(10,788) |
- |
(8,275) |
Payment of charges of global reversal reserve |
- |
- |
- |
- |
- |
- |
- |
- |
Financial charges receivable |
383 |
- |
362 |
- |
- |
- |
- |
- |
Remuneration from equity investments received |
132,457 |
45,452 |
4,170 |
31,584 |
- |
- |
2,502 |
- |
Annual allowed Revenue Receiving (Financial Assept) |
256,185 |
(1,302,373) |
922,495 |
311,481 |
- |
- |
- |
- |
Financial Assept Indemnities Receiving |
1,482,331 |
1,625,575 |
463,764 |
455,991 |
- |
- |
- |
- |
Payment of income tax and social contribution |
(58,747) |
(161,175) |
(24,773) |
(53,348) |
(41,258) |
- |
(626) |
- |
Complementary pension fund payment |
(87,683) |
- |
(6,565) |
- |
- |
- |
- |
- |
Payment of lawsuit contingencies |
- |
(175,982) |
- |
(19,276) |
- |
- |
- |
- |
Lawsuit Deposits |
(176,906) |
(308,432) |
(19,235) |
(73,148) |
(7,309) |
1,605 |
- |
(30,625) |
|
|
|
|
|
|
|
| |
Net Cash from Operating Activities |
1,814,388 |
21,043 |
1,009,759 |
2,355,754 |
292,653 |
(66,461) |
(9,126) |
(179,864) |
1,814,388 |
21,043 |
1,009,759 |
2,355,754 |
292,653 |
(66,461) |
(9,126) |
(179,864) | |
Financing Activities |
|
|
|
|
|
|
|
|
Loans and financing obtained |
885,828 |
476,915 |
697,959 |
778,731 |
2,490,130 |
89,889 |
- |
500,483 |
Loans and financing payment - principal |
(579,684) |
(232,475) |
(235,764) |
(751,544) |
(1,134,654) |
(18,395) |
- |
(25,904) |
Payment to Shareholders |
- |
- |
(3,119) |
(511,853) |
- |
- |
- |
- |
Global Reversal Reserve Replacement |
- |
- |
- |
- |
- |
- |
- |
- |
Receiving of advance for future capital increase (AFAC) |
- |
(349,060) |
42 |
- |
- |
- |
- |
- |
Payment of Refinancing of taxes and contribution - principal |
(123,901) |
- |
(18,633) |
- |
- |
- |
- |
- |
Others |
- |
15,969 |
(18,400) |
- |
- |
- |
- |
- |
Net Cash from Financing Activities |
182,243 |
(88,651) |
422,085 |
(484,666) |
1,355,476 |
71,494 |
- |
474,579 |
|
|
|
|
|
|
|
| |
Investment Activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Granting of loans and financing |
- |
- |
- |
- |
- |
- |
- |
- |
Receipt of loans and financing granted |
21,403 |
- |
- |
- |
- |
- |
- |
- |
Acquisition of property, plant and equipment |
(140,875) |
(434,810) |
(954,197) |
(124,655) |
(1,586,141) |
(25,524) |
(15) |
(256,596) |
Acquisition of intangible assets |
(15,783) |
(10,422) |
(8,532) |
(178,518) |
(12,683) |
(36) |
- |
- |
Acquisition of concession assets |
(688,162) |
- |
(181,682) |
(968,756) |
- |
- |
- |
- |
Advance payment for future capital increase |
(26,024) |
- |
(304,194) |
(36,750) |
- |
- |
- |
- |
Acquisition / Investment in equity |
(775,268) |
30,594 |
(187,148) |
(1,081,318) |
- |
- |
- |
- |
Others |
(361,515) |
198,050 |
210,439 |
435,793 |
(60,782) |
- |
- |
- |
|
|
|
|
|
|
|
| |
Net Cash from investments activities |
(1,986,224) |
(216,588) |
(1,425,314) |
(1,954,204) |
(1,659,606) |
(25,560) |
(15) |
(256,596) |
|
|
|
|
|
|
|
| |
Increase (decrease) in cash and cash equivalents |
10,407 |
(284,196) |
6,530 |
(83,116) |
(11,477) |
(20,527) |
(9,141) |
38,119 |
Cash and cash equivalent – beginning of period |
1,692 |
658,063 |
26,960 |
153,749 |
18,361 |
25,717 |
14,529 |
51 |
Cash and cash equivalent – end of period |
12,099 |
373,867 |
33,490 |
70,633 |
6,884 |
5,190 |
5,388 |
38,170 |
10.407 |
(284.196) |
6.530 |
(83.116) |
(11.477) |
(20.527) |
(9.141) |
38.119 |
10
Marketletter 4Q16
IV.2 Financial Statements of the Distribution companies.
ASSET 12/31/2016 |
ED Alagoas |
ED Rondonia |
ED Piaui |
ED Acre |
CELG -D |
ED Roraima |
Amazonas D |
|
|
|
|
|
|
| |
CURRENT |
|
|
|
|
|
|
|
Cash and Cash Equivalents |
21,804 |
18,706 |
5,200 |
16,006 |
- |
35,598 |
71,343 |
Clients (Consumers and Resellers) |
313,949 |
248,349 |
379,675 |
85,139 |
- |
62,011 |
609,707 |
Financing and Loans |
- |
- |
- |
- |
- |
- |
- |
Marketable Securities |
14,709 |
2,039 |
8 |
- |
- |
- |
28,706 |
Dividends to Receive (Equity Participations Remuneration) |
- |
- |
- |
- |
- |
- |
- |
Deferred Fiscal Assept (Taxes and Contributions) |
12,625 |
27,665 |
17,440 |
7,045 |
- |
5,094 |
22,495 |
Income Tax and Social Contribution |
- |
- |
- |
598 |
- |
- |
- |
Derivatives |
- |
- |
- |
- |
- |
- |
- |
Reimbursement Rights |
73,126 |
253,308 |
124,431 |
103,458 |
- |
92,288 |
897,600 |
Linked Deposits |
- |
- |
- |
481 |
- |
- |
- |
Stored Material |
8,822 |
16,864 |
12,884 |
2,226 |
- |
1,348 |
122,987 |
Amounts to Receive 12,783/13 Law |
- |
- |
- |
- |
- |
- |
- |
Regulatory Assept (Installment A - CVA) |
65,585 |
54,523 |
132,800 |
104,265 |
- |
2,361 |
77,062 |
Financial Assept |
- |
- |
- |
- |
- |
- |
- |
Others |
35,723 |
32,831 |
60,636 |
50,809 |
4,406,213 |
20,861 |
185,907 |
CURRENT TOTAL |
546,343 |
654,285 |
733,074 |
370,027 |
4,406,213 |
219,561 |
2,015,807 |
|
|
|
|
|
|
| |
NON-CURRENT |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
LONG-TERM ASSET |
|
|
|
|
|
|
|
Dividends to Receive (Equity Participations Remuneration) |
- |
- |
- |
- |
- |
- |
- |
Clients (Consumers and Resellers) |
313,947 |
16,829 |
209,391 |
41,902 |
- |
9,229 |
105,791 |
Financing and Loans - principal |
- |
- |
- |
- |
- |
- |
- |
Marketable Securities |
- |
- |
- |
- |
- |
- |
- |
Deferred Fiscal Assept (Taxes and Contributions) |
4,264 |
6,534 |
7,668 |
1,897 |
- |
10,100 |
1,421,804 |
Income Tax and Social Contribution |
- |
- |
- |
- |
- |
- |
- |
Derivatives |
- |
- |
- |
- |
- |
- |
- |
Reimbursement Rights |
- |
3,488,797 |
- |
243,030 |
- |
202,128 |
3,573,069 |
Linked Deposits |
60,119 |
127,064 |
16,272 |
7,377 |
- |
20,360 |
413,730 |
Amounts to Receive - Law 12,783/13 |
- |
- |
- |
- |
- |
- |
- |
Financial Assept |
- |
- |
- |
- |
- |
- |
- |
Financial Assept – Indemnitiable Concession (Distribution) |
845,035 |
1,120,953 |
865,133 |
420,227 |
- |
194,721 |
1,489,167 |
Advance for Equity Participations |
- |
- |
- |
- |
- |
- |
- |
Regulatory Assept (Installment A - CVA) |
22,131 |
- |
- |
- |
- |
- |
- |
Others |
564 |
2,447 |
1,437 |
- |
- |
3,356 |
638,958 |
LONG-TERM ASSET TOTAL |
1,246,060 |
4,762,624 |
1,099,901 |
714,433 |
- |
439,894 |
7,642,519 |
|
|
|
|
|
|
| |
INVESTIMENTS |
168 |
1,806 |
146 |
- |
- |
- |
17,107 |
|
|
|
|
|
|
| |
FIXED ASSET |
28,127 |
28,044 |
33,624 |
8,633 |
- |
20,104 |
1,222,243 |
|
|
|
|
|
|
| |
INTANGIBLE |
4,984 |
27,336 |
10,279 |
31,081 |
- |
5,344 |
140,765 |
|
|
|
|
|
|
| |
NON-CURRENT ASSET TOTAL |
1,279,339 |
4,819,810 |
1,143,950 |
754,147 |
- |
465,342 |
9,022,634 |
|
|
|
|
|
|
| |
ASSET TOTAL |
1,825,682 |
5,474,095 |
1,877,024 |
1,124,174 |
4,406,213 |
684,903 |
11,038,441 |
11
Marketletter 4Q16
LIABILITIES 12/31/2016 |
ED Alagoas |
ED Rondonia |
ED Piaui |
ED Acre |
CELG -D |
ED Roraima |
Amazonas |
|
|
|
|
|
|
| |
CURRENT |
|
|
|
|
|
|
|
Suppliers |
164,322 |
1,456,393 |
246,111 |
258,015 |
- |
530,586 |
4,819,380 |
Financig and Loans - principal |
34,794 |
23,324 |
224,067 |
8,791 |
- |
6,556 |
78,743 |
Financig and Loans - charges |
- |
6 |
78,729 |
- |
- |
- |
9,799 |
Bonds |
- |
- |
- |
- |
- |
- |
- |
Taxes and Social Contributions |
76,492 |
69,418 |
215,861 |
52,495 |
- |
19,832 |
92,857 |
Income Tax and Social Contribution |
293 |
- |
- |
- |
- |
- |
576 |
Derivatives |
- |
- |
- |
- |
- |
- |
- |
Reimbursement Obligations |
45,373 |
125,083 |
- |
- |
- |
4,320 |
- |
Advance to clients (Early Sell of Energy) |
- |
- |
- |
- |
- |
- |
- |
Shareholders Remuneration (dividends to pay) |
- |
- |
- |
- |
- |
- |
- |
Estimated Obligations |
18,392 |
23,483 |
31,733 |
7,209 |
- |
13,741 |
42,298 |
Provisions for Contingencies |
- |
- |
- |
- |
- |
- |
- |
Post-Employment Benefit (Complementary Pension Fund) |
2,389 |
1,893 |
26,587 |
625 |
- |
- |
- |
Leasing |
- |
- |
- |
- |
- |
- |
136,662 |
Onerous Contracts |
7,809 |
191,325 |
65,382 |
- |
- |
2,223 |
812,694 |
Sector Charges (Statutory Taxes) |
30,955 |
36,914 |
21,443 |
43,845 |
- |
- |
- |
Regulatory Assept (Installment A – CVA) |
115,289 |
74,898 |
88,192 |
69,983 |
- |
9,661 |
103,157 |
Others |
20,270 |
28,851 |
52,751 |
18,431 |
5,175,013 |
28,502 |
160,071 |
CURRENT TOTAL |
516,378 |
2,031,588 |
1,050,856 |
459,394 |
5,175,013 |
615,421 |
6,256,237 |
|
|
|
|
|
|
| |
NON-CURRENT |
|
|
|
|
|
|
|
Suppliers |
- |
1,141,190 |
- |
255,278 |
- |
322,922 |
8,055,796 |
Financig and Loans - principal |
1,427,343 |
940,637 |
1,378,432 |
360,653 |
- |
108,687 |
1,898,681 |
Bonds |
- |
- |
- |
- |
- |
- |
- |
Taxes and Contributions |
87,794 |
4,260 |
187,972 |
98,676 |
- |
- |
- |
Income Tax and Social Contribution |
- |
- |
- |
- |
- |
- |
- |
Derivatives |
- |
- |
- |
- |
- |
- |
- |
Reimbursement Obligations |
- |
152,339 |
- |
146,051 |
- |
60,030 |
1,157,893 |
Advance to clients (Early Sell of Energy) |
- |
- |
- |
- |
- |
- |
- |
Estimated Obligations |
3,414 |
- |
3,273 |
208 |
- |
183 |
835 |
Provisions for Contingencies |
109,288 |
172,184 |
128,244 |
8,032 |
- |
48,252 |
1,630,712 |
Provision for uncovered liabilities on invested comapnies |
- |
- |
- |
- |
- |
- |
247,523 |
Post-Employment Benefit (Complementary Pension Fund) |
37,805 |
- |
- |
- |
- |
1,633 |
1,325 |
Leasing |
- |
- |
- |
- |
- |
- |
1,032,842 |
Provision for Onerous Contracts |
- |
- |
- |
- |
- |
- |
- |
Concessions to Pay - UBP |
- |
- |
- |
- |
- |
- |
- |
Sector Charges (Statutory Taxes) |
17,870 |
47,439 |
54,080 |
- |
- |
- |
- |
Advance for future capital Increase |
159,155 |
- |
295,402 |
69,462 |
- |
80,089 |
117,446 |
Regulatory Liability (Installment A – CVA) |
6,801 |
- |
- |
- |
- |
- |
- |
Others |
33,607 |
2,280,376 |
503 |
197 |
- |
56,999 |
63,270 |
NON-CURRENT TOTAL |
1,883,077 |
4,738,425 |
2,047,906 |
938,557 |
- |
678,795 |
14,206,323 |
|
|
|
|
|
|
| |
SHAREHOLDERS’ EQUITY |
|
|
|
|
|
|
|
Social Capital |
734,754 |
1,325,369 |
1,272,747 |
475,789 |
3,475,679 |
684,204 |
4,610,171 |
Capital Reserves |
- |
- |
- |
- |
- |
- |
- |
Profit Reserves |
- |
- |
- |
- |
- |
- |
- |
Additional Dividend Purposes |
- |
- |
- |
- |
- |
- |
- |
Accumulated Profit/Losses |
(1,252,835) |
(2,617,163) |
(2,473,292) |
(749,161) |
(4,363,212) |
(1,290,529) |
(13,939,161) |
Other Comprehensive Income |
(55,692) |
(4,124) |
(21,193) |
(405) |
118,733 |
(2,988) |
(5,642) |
Non-controlling Shareholders participation |
- |
- |
- |
- |
- |
- |
- |
|
|
|
|
|
|
| |
SHAREHOLDERS’ EQUITY TOTAL |
(573,773) |
(1,295,918) |
(1,221,738) |
(273,777) |
(768,800) |
(609,313) |
(9,334,632) |
|
|
|
|
|
|
| |
LIABILITIES AND SHAREHOLDERS’ EQUITY TOTAL |
1,825,682 |
5,474,095 |
1,877,024 |
1,124,174 |
4,406,213 |
684,903 |
11,127,928 |
12
Marketletter 4Q16
STATEMENT OF INCOME 12/31/2016 |
ED Alagoas |
ED Rondonia |
ED Piaui |
ED Acre |
CELG -D |
ED Roraima |
Amazonas D |
|
|
|
|
|
|
| |
Receitas Operacionais |
1,211,766 |
1,484,833 |
1,350,046 |
429,499 |
4,140,880 |
304,665 |
2,669,847 |
|
|
|
|
|
|
| |
Supply (sale) of electricity
|
- |
- |
- |
- |
- |
50,622 |
- |
Electricity supply - Generation |
- |
- |
- |
- |
- |
- |
460,586 |
Short-Term Electricity
|
- |
- |
- |
- |
- |
- |
314,833 |
Revenue from Operation and Maintenance of Renewed Plants |
- |
- |
- |
- |
- |
- |
- |
Revenue from construction of plants |
- |
- |
- |
- |
- |
- |
23,377 |
|
|
|
|
|
|
|
|
Electric Power Supply - Distribution |
1,834,435 |
1,705,520 |
1,071,731 |
572,174 |
7,350,922 |
320,099 |
2,353,321 |
Construction Revenue - Distribution |
121,967 |
199,227 |
151,776 |
59,792 |
355,652 |
16,827 |
260,370 |
CVA And Other Financial Components |
(153,245) |
162,254 |
67,188 |
18,207 |
(295,732) |
(8,671) |
(129,406) |
Other Operating Income |
108,978 |
138,032 |
809,355 |
17,639 |
436,695 |
10,757 |
263,157 |
|
|
|
|
|
|
| |
|
|
|
|
|
|
| |
|
|
|
|
|
|
| |
Operational Revenue Deductions |
(700,369) |
(720,200) |
(750,004) |
(238,313) |
(3,706,657) |
(84,969) |
(876,391) |
|
|
|
|
|
|
| |
|
|
|
|
|
|
| |
Operational Expenses |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Personnel, Material and Services |
(259,665) |
(272,565) |
(345,069) |
(100,755) |
(853,404) |
(98,402) |
(618,580) |
Electric Energy puchased for resale |
(839,907) |
(989,185) |
(878,431) |
(201,049) |
(2,406,013) |
(190,305) |
(1,758,515) |
Charges on Eletric Energy Grid Usage |
(74,340) |
(17,613) |
(90,823) |
(4,641) |
(185,491) |
- |
(78,502) |
Construction |
(121,967) |
(199,227) |
(151,776) |
(59,792) |
(355,652) |
(16,827) |
(283,747) |
Fuel used for electric energy production |
- |
- |
- |
(37,851) |
- |
(129,360) |
37,309 |
Remuneration and Reimbursement (Royalties) |
- |
- |
- |
- |
- |
- |
- |
Depreciation and Amortization |
(37,086) |
(36,557) |
(39,024) |
(17,307) |
(130,498) |
(10,910) |
(138,869) |
Operating Provisions |
(2,686) |
(415,739) |
69,013 |
42,232 |
(123,602) |
(37,170) |
(2,368,755) |
Others |
(78,748) |
(138,654) |
(197,869) |
(55,602) |
(146,720) |
(1,722) |
(281,372) |
|
|
|
|
|
|
| |
OPERATING RESULT BEFORE FINANCIAL RESULT |
(202,633) |
(584,707) |
(283,933) |
(5,266) |
(60,500) |
(180,031) |
(2,821,184) |
|
|
|
|
|
|
| |
FINANCIAL REVENUES (EXPENSES) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Financial Investment Revenues |
4,543 |
7,624 |
15 |
542 |
5,647 |
554 |
2,893 |
Interest, Commission and Rates revenue (loans and financing) |
- |
- |
- |
- |
- |
- |
- |
Debt Charges |
(184,373) |
(675,704) |
(191,749) |
(37,030) |
(360,851) |
(9,040) |
(2,121,150) |
Charges - Leasing |
- |
- |
- |
- |
- |
- |
(303,381) |
Charges – Shareholders Remuneration |
- |
- |
- |
- |
- |
- |
- |
Moratorium Increase on electric energy |
41,339 |
42,778 |
75,253 |
15,149 |
- |
(75,610) |
81,689 |
Net Monetary Update |
33,582 |
459,148 |
(75,918) |
(98,630) |
(103,654) |
(29,977) |
461,963 |
Net Exchange Update |
524 |
- |
- |
- |
461,386 |
- |
- |
Regulatory Assept and Liability Update (Installment A - CVA) - Net |
8,271 |
(557) |
(5,264) |
- |
40,896 |
(85) |
13,361 |
Other financial revenue |
(3,158) |
(46,763) |
9,129 |
2,574 |
138,775 |
24,202 |
36,390 |
Other financial expense |
(19,634) |
(37,087) |
(34,294) |
(21,268) |
(61,685) |
- |
(129,116) |
|
|
|
|
|
|
| |
FINANCIAL RESULT |
(118,906) |
(250,561) |
(222,828) |
(138,663) |
120,514 |
(89,956) |
(1,957,351) |
|
|
|
|
|
|
| |
EQUITY PARTICIPATIONS RESULT |
- |
- |
- |
- |
- |
- |
(189,281) |
|
|
|
|
|
|
| |
RESULT BEFORE SOCIAL CONTRIBUTION, INCOME TAX, EMPLOYEES AND MANAGEMENT PARTICIPATION AND MINORITY PARTICIPATION |
(321,539) |
(835,268) |
(506,761) |
(143,929) |
60,014 |
(269,987) |
(4,967,816) |
|
|
|
|
|
|
| |
Income Tax and Social Contribution and Fiscal Incentives Revenue |
- |
- |
- |
- |
- |
- |
- |
|
|
|
|
|
|
| |
RESULT BEFORE EQUITY PARTICIPATIONS |
(321,539) |
(835,268) |
(506,761) |
(143,929) |
60,014 |
(269,987) |
(4,967,816) |
|
|
|
|
|
|
| |
NET PROFIT OF THE PERIOD |
(321,539) |
(835,268) |
(506,761) |
(143,929) |
60,014 |
(269,987) |
(4,616,236) |
13
Marketletter 4Q16
CASH FLOW 12/31/2016 |
ED Alagoas |
ED Rondônia |
ED Piauí |
ED Roraima |
|
ED Acre |
Amazonas Energia |
|
|
|
|
|
|
| |
Operating Activities |
|
|
|
|
|
|
|
Profit (loss) before income tax and social contribution |
(321,539) |
(835,268) |
(506,761) |
(269,987) |
|
(143.929) |
(4.967.816) |
|
|
|
|
|
|
| |
Depreciation and amortization |
37,086 |
36,557 |
39,024 |
10,910 |
|
17.307 |
138.869 |
Net monetary variation |
(36,152) |
104,869 |
3,460 |
- |
|
98.630 |
- |
Net exchange variation |
(524) |
- |
- |
- |
|
- |
(2.985) |
Financing charges |
201,592 |
111,687 |
197,764 |
9,037 |
|
37.030 |
539.873 |
Equity Method Result |
- |
- |
- |
- |
|
- |
189.366 |
Provision for uncovered liability |
- |
- |
- |
- |
|
- |
158.037 |
Provision for doubtful credit liquidation |
(57,245) |
7,849 |
(91,024) |
89,563 |
|
4.612 |
204.728 |
Provisions for contingencies |
13,295 |
17,997 |
73,029 |
(4,561) |
|
(2.936) |
639.348 |
Provision for staff realignment |
- |
- |
- |
- |
|
- |
- |
Provision for loss with Investments |
- |
- |
- |
- |
|
- |
521.590 |
Provision for reduction on recoverable amount of Investment |
32,446 |
11,331 |
(116,400) |
(57,776) |
|
(54.924) |
63.610 |
Provision for onerous contracts |
7,809 |
191,325 |
65,382 |
- |
|
- |
812.694 |
Provision for loss with Financial Assept |
- |
- |
- |
- |
|
- |
- |
Global reversal reserve charges |
- |
- |
- |
- |
|
- |
- |
Adjustment to Present Value / Market Value |
(273) |
- |
- |
- |
|
- |
- |
Minority Participation in Result |
- |
- |
- |
- |
|
- |
- |
Charges on Shareholders funds |
- |
- |
- |
- |
|
- |
- |
Financial Assept Revenue |
- |
- |
- |
- |
|
- |
- |
Derivatives |
- |
- |
- |
- |
|
- |
- |
Others |
976,217 |
195,644 |
- |
10,774 |
|
2.463 |
2.666.616 |
(Increase) decrease on operating assept/liability |
(995,869) |
261,910 |
(15,098) |
130,087 |
|
8.127 |
(1.106.692) |
|
|
|
|
|
|
| |
Cash from Operating Activities |
(143,157) |
103,901 |
(350,624) |
(81,953) |
|
(33.620) |
(142.762) |
|
|
|
|
|
(4.764) |
(32.924) | |
Payment of financial charges |
- |
(22,328) |
(1,699) |
- |
|
- |
- |
Payment of charges of global reversal reserve |
- |
- |
- |
- |
|
- |
- |
Financial charges receivable |
- |
- |
- |
- |
|
- |
- |
Remuneration from equity investments received |
- |
- |
- |
- |
|
- |
- |
Annual allowed Revenue Receiving (Financial Assept) |
- |
- |
- |
(2,760) |
|
- |
- |
Financial Assept Indemnities Receiving |
- |
- |
- |
- |
|
- |
- |
Payment of income tax and social contribution |
- |
- |
- |
- |
|
- |
- |
Complementary pension fund payment |
- |
- |
- |
- |
|
- |
- |
Payment of lawsuit contingencies |
- |
- |
(23,260) |
- |
|
- |
- |
Lawsuit Deposits |
- |
(38,407) |
- |
- |
|
|
- |
|
|
|
|
|
|
(117.445) | |
Net Cash from Operating Activities |
(143,157) |
43,166 |
(375,583) |
(84,713) |
|
(38.384) |
(293.131) |
|
|
|
|
|
|
| |
Financing Activities |
|
|
|
|
|
|
|
Loans and financing obtained |
138,209 |
167,482 |
202,010 |
58,378 |
|
60.161 |
498.287 |
Loans and financing payable - principal |
(42,224) |
(33,402) |
(1,754) |
(3,114) |
|
(8.504) |
(42.734) |
Payment to Shareholders |
- |
- |
- |
- |
|
- |
- |
Global Reversal Reserve Replacement |
- |
- |
- |
- |
|
- |
- |
Receiving of advance for future capital increase (AFAC) |
159,155 |
- |
295,402 |
80,089 |
|
- |
117.446 |
Payment of refinancing of taxes and contributions – Principal |
(11,782) |
- |
- |
- |
|
- |
- |
Others |
- |
- |
- |
- |
|
|
1.064 |
Net Cash from Financing Activities |
243,358 |
134,080 |
495,658 |
135,353 |
|
51.657 |
574.063 |
|
|
|
|
|
|
| |
Investment Activities |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Financing and Loans Concessions |
- |
- |
- |
- |
|
- |
- |
Receiving of Loans and Financing Ceded |
- |
- |
- |
- |
|
- |
- |
Acquisition of property, unit and equipment |
(2,752) |
(3,845) |
(4,132) |
(5,562) |
|
(311) |
(36.017) |
Acquisition of intangible assepts |
(7,129) |
(8,944) |
(4,183) |
(1,929) |
|
(2.200) |
(16.593) |
Acquisition of concession assepts |
(92,529) |
(171,151) |
(115,769) |
(11,236) |
|
(69.932) |
(225.103) |
Concession for advance of future capital increase |
- |
- |
- |
- |
|
56.675 |
- |
Acquisition/Contribution of capital in equity participation |
- |
- |
- |
- |
|
- |
- |
Others |
1,212 |
- |
- |
- |
|
|
(127) |
|
|
|
|
|
|
|
|
Net Cash from investments activities |
(101,198) |
(183,940) |
(124,084) |
(18,727) |
|
(15.768) |
(277.840) |
|
|
|
|
|
|
| |
|
|
|
|
|
|
| |
Increase (decrease) in cash and cash equivalents |
(997) |
(6,694) |
(4,009) |
31,913 |
|
(2.495) |
3.092 |
Cash and cash equivalent – beginning of period |
22,801 |
25,400 |
9,209 |
3,686 |
|
18.501 |
68.251 |
Cash and cash equivalent – end of period |
21,804 |
18,706 |
5,200 |
35,598 |
|
16.006 |
71.343 |
(997) |
(6.694) |
(4.009) |
31.912 |
|
(2.495) |
3.092 |
14
Marketletter 4Q16
ASSETS 12/31/2015 |
ED Alagoas |
ED Rondonia |
ED Piaui |
ED Acre |
CELG -D |
ED Roraima |
Amazonas Energia |
|
|
|
|
|
|
| |
CURRENT |
|
|
|
|
|
|
|
Cash and Cash Equivalents |
31,486 |
25,400 |
9,209 |
18,501 |
- |
38,170 |
68,251 |
Clients (Consumenrs and Resellers) |
344,668 |
273,511 |
387,143 |
100,757 |
- |
420,912 |
474,440 |
Loans and Financing |
- |
- |
- |
- |
- |
- |
- |
Marketable Securities |
10,652 |
30,152 |
139 |
- |
- |
226,121 |
117,122 |
Dividends to Receive (Remuneration of Equity Participation) |
- |
- |
- |
- |
- |
- |
- |
Deferred Fiscal Assept (Taxes and Contributions) |
11,686 |
24,952 |
18,996 |
6,120 |
- |
15,497 |
10,505 |
Income Tax and Social Contribution |
- |
- |
256 |
1,473 |
- |
- |
- |
Derivatives |
- |
- |
- |
- |
- |
- |
- |
Reimbursement Rights |
25,137 |
148,748 |
45,777 |
84,655 |
- |
- |
1,812,076 |
Linked Deposits |
- |
- |
- |
471 |
- |
12,315 |
- |
Stored Material |
6,099 |
18,948 |
15,508 |
1,883 |
- |
89,126 |
117,823 |
Financial Assept |
- |
- |
- |
- |
- |
- |
- |
Regulatory Assept (Installment A – CVA) |
212,888 |
134,435 |
78,873 |
41,765 |
- |
- |
109,238 |
Others |
43,020 |
120,808 |
38,965 |
29,007 |
4,623,785 |
16,116 |
514,549 |
CURRENT TOTAL |
685,636 |
776,954 |
594,866 |
284,632 |
4,623,785 |
818,257 |
3,224,004 |
|
|
|
|
|
|
| |
NON-CURRENT |
|
- |
- |
- |
- |
- |
- |
|
|
|
|
|
|
| |
LONG-TERM CURRENT |
|
|
|
|
|
|
|
Clients (Consumenrs and Resellers) |
212,089 |
19,137 |
215,963 |
28,805 |
- |
17,278 |
67,756 |
Marketable Securities |
- |
- |
- |
- |
- |
- |
- |
Deferred Fiscal Assept (Taxes and Contributions) |
5,019 |
7,628 |
5,580 |
1,971 |
- |
- |
2,365,377 |
Deposits and linked deposits |
41,845 |
79,719 |
14,557 |
7,029 |
- |
49,798 |
296,285 |
Reimbursement Rights |
- |
3,440,587 |
- |
240,374 |
- |
- |
4,350,275 |
Financial Assept |
732,843 |
900,632 |
682,902 |
303,125 |
- |
- |
1,941,014 |
Advances for equity interest |
- |
- |
- |
- |
- |
- |
- |
Regulatory Asset (Portion A - CVA) |
38,252 |
- |
- |
- |
- |
- |
- |
Others |
564 |
2,447 |
1,305 |
- |
- |
9,071 |
- |
LONG-TERM CURRENT TOTAL |
1,030,612 |
4,450,150 |
920,307 |
581,304 |
- |
76,147 |
9,020,707 |
|
|
|
|
|
|
| |
INVESTIMENTS |
168 |
1,806 |
146 |
- |
- |
- |
206,473 |
|
|
|
|
|
|
| |
FIXED ASSET |
31,757 |
32,735 |
29,471 |
9,155 |
- |
1,842,123 |
1,270,216 |
|
|
|
|
|
|
| |
INTANGIBLE |
54,048 |
60,544 |
11,712 |
40,229 |
- |
5,357 |
181,298 |
|
|
|
|
|
|
| |
NON-CURRENT TOTAL |
1,116,585 |
4,545,235 |
961,636 |
630,688 |
- |
1,923,627 |
10,678,694 |
|
|
|
|
|
|
| |
ASSET TOTAL |
1,802,221 |
5,322,189 |
1,556,502 |
915,320 |
4,623,785 |
2,741,884 |
13,902,698 |
15
Marketletter 4Q16
LIABILITIES 12/31/2015 |
ED Alagoas |
ED Rondonia |
ED Piaui |
ED Acre |
CELG -D |
ED Roraima |
Amazonas Energia |
CURRENT |
|
|
|
|
|
|
|
Compulsory Loan (Parent Company) |
- |
- |
- |
- |
- |
- |
- |
Fuel Consumption Account – CCC (Parent Company) |
- |
- |
- |
- |
- |
- |
- |
Suppliers |
- |
- |
- |
- |
- |
- |
- |
Financing and Loans – principal |
267,351 |
1,227,024 |
243,603 |
210,742 |
- |
54,276 |
5,168,720 |
Financing and Loans - charges |
310,110 |
127,651 |
545,284 |
80,467 |
- |
812,873 |
141,772 |
Bonds |
- |
8 |
20,943 |
86 |
- |
4,952 |
5 |
Taxes and Social Contribution |
- |
- |
- |
- |
- |
- |
- |
Income Tax and Social Contributuion |
105,252 |
59,680 |
270,527 |
31,834 |
- |
13,666 |
68,030 |
Derivatives |
542 |
- |
- |
- |
- |
- |
1,154 |
Reimbursement Obligations |
- |
- |
- |
- |
- |
- |
- |
Advance to clients (Early Energy Sell) |
77,153 |
6,164 |
- |
13,259 |
- |
- |
- |
Remuneration to Shareholders (dividends to pay) |
- |
- |
- |
- |
- |
- |
- |
Estimated Obligations |
10,748 |
15,517 |
45,051 |
4,417 |
- |
10,359 |
32,632 |
Provisions for Contingencies |
- |
- |
- |
- |
- |
- |
- |
Post-Employment Benefit (Complementary Pension Fund) |
4,779 |
1,781 |
42,327 |
585 |
- |
- |
- |
Leasing |
- |
- |
- |
- |
- |
- |
132,972 |
Onerous Contracts |
- |
- |
- |
- |
- |
- |
- |
Concessions to Pay - UBP |
- |
- |
- |
- |
- |
- |
- |
Sectorial Charges (statutory taxes) |
14,171 |
26,011 |
21,204 |
27,564 |
- |
- |
- |
Regulatory Liabilities (Installment A – CVA) |
124,005 |
294,428 |
47,194 |
29,509 |
- |
- |
19,288 |
Others |
41,265 |
29,158 |
113,668 |
25,711 |
5,575,009 |
440,119 |
107,038 |
CURRENT TOTAL |
955,376 |
1,787,422 |
1,349,801 |
424,174 |
5,575,009 |
1,336,245 |
5,671,611 |
|
|
|
|
|
|
| |
NON-CURRENT |
|
|
|
|
|
|
|
Global Reversion Reserve - RGR (Parent Company) |
|
|
|
|
|
|
|
Suppliers |
|
|
|
|
|
|
|
Financing and Loans - principal |
- |
1,059,224 |
- |
256,159 |
- |
- |
7,648,126 |
Bonds |
864,330 |
607,023 |
715,220 |
202,656 |
- |
656,220 |
1,185,389 |
Taxes and Social Contribution |
- |
- |
- |
- |
- |
- |
- |
Income Tax and Social Contributuion |
11,933 |
3,955 |
58,178 |
415 |
- |
- |
- |
Derivatives |
- |
- |
- |
- |
- |
- |
- |
Reimbursement Obligations |
- |
- |
- |
- |
- |
- |
- |
Advance to clients (Early Energy Sell) |
2,775 |
142,624 |
- |
137,252 |
- |
- |
2,150,827 |
Estimated Obligations |
- |
- |
- |
- |
- |
- |
- |
Provisions for Contingencies |
39,433 |
- |
2,482 |
407 |
- |
- |
644 |
Provision for uncovered liabilities on invested companies |
95,993 |
134,772 |
78,475 |
10,968 |
- |
63,146 |
316,138 |
Post-Employment Benefit (Complementary Pension Fund) |
- |
- |
- |
- |
- |
- |
- |
Leasing |
29,630 |
- |
11,437 |
- |
- |
95 |
277 |
Concessions to Pay - UBP |
- |
- |
- |
- |
- |
- |
1,119,183 |
Sectorial Charges (statutory taxes) |
- |
42,199 |
41,560 |
- |
- |
- |
|
Concessions payable - UBP |
- |
- |
- |
- |
- |
- |
|
Sector Charges (regulatory fees) |
|
|
|
|
|
|
|
Obligations for desmob. Of Assets (Nuclear Power Plant Disposal) |
- |
- |
- |
- |
- |
- |
|
Advance for future capital Increase |
8,307 |
245 |
- |
12,787 |
- |
- |
- |
Regulatory Liabilities (Installment A – CVA) |
16,380 |
- |
- |
- |
- |
- |
- |
Others |
25,721 |
2,001,283 |
499 |
185 |
- |
493,511 |
174,101 |
NON-CURRENT TOTAL |
1,094,502 |
3,991,325 |
907,851 |
620,829 |
- |
1,212,972 |
12,594,685 |
|
|
|
|
|
|
| |
STOCKHOLDERS’ EQUITY |
|
|
|
|
|
|
|
Social Capital |
726,447 |
1,325,124 |
1,272,747 |
475,789 |
3,475,679 |
436,750 |
4,610,171 |
Capital Reserves |
- |
- |
- |
- |
- |
- |
- |
Profit Reserves |
- |
- |
- |
- |
- |
- |
- |
Additional Dividend Purposed |
- |
- |
- |
- |
- |
- |
- |
Profit/Losses Accumulated |
(931,295) |
(1,781,895) |
(1,966,531) |
(605,232) |
(4,597,498) |
(243,206) |
(8,971,348) |
Other Comprehensive Income |
(42,808) |
213 |
(7,366) |
(240) |
170,595 |
(877) |
(2,421) |
|
|
|
|
|
|
| |
STOCKHOLDERS’ EQUITY TOTAL |
(247,656) |
(456,558) |
(701,150) |
(129,683) |
(951,224) |
192,667 |
(4,363,598) |
- |
- |
- |
- |
- |
- |
- | |
LIABILITY AND STOCKHOLDERS’ EQUITY TOTAL |
1,802,222 |
5,322,189 |
1,556,502 |
915,320 |
4,623,785 |
2,741,884 |
13,902,698 |
16
Marketletter 4Q16
STATEMENT OF INCOME 12/31/2015 |
ED Alagoas |
ED Rondonia |
ED Piaui |
ED Acre |
CELG -D |
ED Roraima |
Amazonas D |
|
|
|
|
|
|
| |
Operational Revenue |
1,364,461 |
984,628 |
1,295,388 |
399,954 |
4,547,271 |
258,374 |
2,620,767 |
|
|
|
|
|
|
| |
Electric Energy Supply (sell) |
- |
- |
- |
- |
- |
39,617 |
- |
Electric Energy - Generation |
- |
- |
- |
- |
- |
- |
784,132 |
Short Term electric Energy |
- |
- |
- |
- |
- |
- |
670,432 |
Construction Plants Revenue |
- |
- |
- |
- |
- |
- |
55,646 |
Electric Energy Supply – Distribution |
2,049,654 |
1,698,677 |
1,751,156 |
582,984 |
7,146,242 |
267,517 |
1,339,194 |
Construction Revenue – Distribution |
100,652 |
134,733 |
171,661 |
35,983 |
327,462 |
15,221 |
225,806 |
Others Operational Revenues |
126,066 |
81,516 |
155,101 |
15,122 |
305,915 |
7,719 |
319,650 |
CVA and others financial items |
(92,310) |
(151,180) |
42,795 |
20,463 |
504,359 |
942 |
(949) |
|
|
|
|
|
|
| |
Deductions to Operational Revenues |
(819,601) |
(779,118) |
(825,325) |
(254,598) |
(3,736,707) |
(72,642) |
(773,144) |
|
|
|
|
|
|
| |
Operational Expenses |
(1,512,507) |
(1,190,974) |
(1,713,731) |
(516,354) |
(4,700,009) |
(457,515) |
(3,512,899) |
|
|
|
|
|
|
| |
Personnel, Material and Services |
(245,857) |
(253,418) |
(293,570) |
(96,171) |
(840,573) |
(89,131) |
(615,264) |
Electric Energy Purchased for Resale |
(894,482) |
(721,433) |
(871,382) |
(191,851) |
(2,946,392) |
(150,213) |
(1,685,067) |
Charges on Electric Energy Grid Usage |
(89,704) |
(16,949) |
(69,903) |
(7,434) |
(165,904) |
- |
(95,902) |
Construction |
(100,652) |
(134,733) |
(171,661) |
(35,983) |
(327,462) |
(15,221) |
(281,452) |
Fuel used for electric energy production |
- |
- |
- |
(39,822) |
- |
(36,690) |
(30,963) |
Remuneration and Reimbursement (Royalties) |
- |
- |
- |
- |
- |
- |
(4,200) |
Depreciation and Amortization |
(33,887) |
(36,166) |
(35,036) |
(16,171) |
(174,624) |
(10,560) |
(159,851) |
Operating Provisions |
(49,952) |
7,334 |
(84,455) |
(44,297) |
(84,877) |
(153,455) |
(207,426) |
Others |
(97,973) |
(35,609) |
(187,724) |
(84,625) |
(160,177) |
(2,245) |
(432,774) |
|
|
|
|
|
|
| |
OPERATING RESULT BEFORE FINANCIAL RESULT |
(148,046) |
(206,346) |
(418,343) |
(116,400) |
(152,738) |
(199,141) |
(892,132) |
|
|
|
|
|
|
| |
FINANCIAL REVENUE (EXPENSES) |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Financial Investments Revenue |
3,196 |
4,003 |
1,010 |
1,088 |
8,402 |
(120) |
8,689 |
Interest, Commission and Rates revenue (loans and financing) |
- |
- |
- |
- |
- |
- |
- |
Debt Charges |
(147,219) |
(1,005,139) |
(156,045) |
(33,779) |
(156,885) |
(7,460) |
(1,761,909) |
Charges - Leasing |
- |
- |
- |
- |
- |
- |
(273,391) |
Charges – remuneration to shareholders |
- |
- |
- |
- |
- |
- |
- |
Moratorium Increase on electric energy |
28,700 |
40,292 |
59,201 |
16,241 |
- |
(50,073) |
55,093 |
Net Monetary Update |
2,621 |
665,197 |
(49,457) |
(44,001) |
(150,347) |
(5,354) |
728,433 |
Net Exchange Update |
(625) |
- |
- |
- |
(641,161) |
- |
15,592 |
Regulatory Assept and Liability Update (Installment A - CVA) - Net |
31,977 |
1,492 |
15,566 |
- |
48,717 |
45 |
1,309 |
Other financial Revenues |
1,584 |
(2,358) |
10,892 |
21 |
117,285 |
(8,011) |
(10,690) |
Other financial expenses |
(24,773) |
(68,907) |
(25,811) |
(7,941) |
(93,095) |
- |
26,280 |
|
|
|
|
|
|
| |
FINANCIAL RESULT |
(104,539) |
(365,420) |
(144,644) |
(68,371) |
(867,084) |
(70,973) |
(1,210,594) |
|
|
|
|
|
|
| |
EQUITY PARTICIPATION RESULT |
- |
- |
- |
- |
- |
- |
(241,322) |
|
|
|
|
|
|
| |
RESULT BEFORE SOCIAL CONTRIBUTION, INCOME TAX, EMPLOYEES AND MANAGEMENT PARTICIPATION AND MINORITY PARTICIPATION |
(252,585) |
(571,766) |
(562,987) |
(184,771) |
(1,019,822) |
(270,114) |
(2,344,048) |
|
|
|
|
|
|
| |
Income Tax and Social Contribution and Fiscal Incentives Revenue |
- |
10,929 |
- |
- |
- |
- |
- |
|
|
|
|
|
|
| |
RESULT BEFORE EQUITY PARTICIPATION |
(252,585) |
(560,837) |
(562,987) |
(184,771) |
(1,019,822) |
(270,114) |
(2,344,048) |
|
|
|
|
|
|
| |
NET PROFIT OF THE PERIOD |
(252,585) |
(560,837) |
(562,987) |
(184,771) |
(1,019,822) |
(270,114) |
(2,344,048) |
17
Marketletter 4Q16
CASH FLOW 12/31/2016 |
ED Alagoas |
ED Rondônia |
ED Piauí |
ED Acre |
ED Roraima |
Amazonas Energia |
Operating Activities |
|
|
|
|
|
|
Profit (loss) before income tax and social contribution |
(252,585) |
(571,766) |
(562,987) |
(184,771) |
(270,114) |
(2,344,048) |
'Adjustments to reconcile profit with cash generated by operations: |
|
|
|
|
|
|
Depreciation and amortization |
33,887 |
36,166 |
35,036 |
16,171 |
10,560 |
159,852 |
Net monetary variation |
(34,598) |
50,694 |
9,473 |
44,001 |
- |
- |
Net exchange variation |
625 |
- |
- |
- |
- |
(11,887) |
Financing charges |
147,219 |
95,655 |
146,216 |
33,779 |
7,460 |
1,763,654 |
Equity Result |
- |
- |
- |
- |
- |
241,322 |
Provision for uncovered liability |
- |
- |
- |
- |
- |
- |
Provision for doubtful credit liquidation |
32,566 |
(23,570) |
3,573 |
5,810 |
75,289 |
133,215 |
Provisions for contingencies |
7,282 |
(9,199) |
23,077 |
2,042 |
766 |
47,331 |
Provision for staff realignment |
- |
- |
- |
- |
- |
- |
Provision for loss with Investment |
- |
- |
- |
- |
- |
- |
Provision for reduction on recoverable amount of assepts |
- |
23,914 |
57,805 |
39,972 |
77,400 |
- |
Provision for onerous contracts |
- |
- |
- |
- |
- |
- |
Provision for loss with Financial Assept |
- |
- |
- |
- |
- |
- |
Global reversal reserve charges |
- |
- |
- |
- |
- |
- |
Adjustment to Present Value / Market Amount |
(6) |
- |
- |
- |
- |
- |
Minority Participation in Result |
- |
- |
- |
- |
- |
- |
Financial charges on Shareholders funds |
- |
- |
- |
- |
- |
- |
Financial Assept Revenue |
- |
- |
- |
- |
- |
- |
Derivatives |
- |
- |
- |
- |
- |
- |
Others |
899,230 |
15,828 |
11,271 |
54,999 |
1,085 |
(175,249) |
(Increase) decrease on operating assept/liability |
(767,528) |
632,384 |
388,206 |
74,107 |
109,789 |
217,702 |
|
|
|
|
|
| |
Cash from Operating Activities |
66,092 |
250,106 |
111,670 |
86,110 |
12,235 |
31,892 |
|
|
|
|
|
| |
Payment of financial charges |
- |
(13,586) |
(11,348) |
(3,850) |
- |
(73,283) |
Payment of charges of global reversal reserve |
- |
- |
- |
- |
- |
- |
Financial charges receivable |
- |
- |
- |
- |
- |
- |
Remuneration from equity investments received |
- |
- |
- |
- |
- |
- |
Annual allowed Revenue Receiving (Financial Assept) |
- |
- |
- |
- |
(1,697) |
- |
Financial Assept Indemnities Receiving |
- |
- |
- |
- |
- |
- |
Payment of income tax and social contribution |
- |
- |
- |
- |
- |
- |
Complementary pension fund payment |
- |
- |
- |
- |
- |
- |
Payment of contingent liabilities |
- |
- |
(46,176) |
- |
- |
- |
Lawsuit Deposits |
- |
(4,688) |
- |
- |
- |
54,363 |
|
|
|
|
|
| |
Net Cash from Operating Activities |
66,092 |
231,832 |
54,146 |
82,260 |
10,538 |
12,972 |
|
|
|
|
|
| |
Financing Activities |
|
|
|
|
|
|
Loans and financing obtained |
140,568 |
- |
105,864 |
26,224 |
5,753 |
- |
Loans and financing payment - principal |
(69,124) |
(70,031) |
(29,519) |
(8,941) |
(2,262) |
(125,935) |
Payment to Shareholders |
- |
- |
- |
- |
- |
- |
Global Reversal Reserve Reposition |
- |
- |
- |
- |
- |
- |
Receiving of advance for future capital increase (AFAC) |
- |
- |
- |
- |
- |
- |
Payment of Refinancing of taxes and contributions - Principal |
(11,790) |
- |
- |
- |
- |
- |
Others |
- |
- |
- |
- |
- |
(917,783) |
Net Cash from Financing Activities |
59,654 |
(70,031) |
76,345 |
17,283 |
3,491 |
(1,043,718) |
|
|
|
|
|
| |
Investment Activities |
|
|
|
|
|
|
|
|
|
|
|
| |
Financing and Loans Concessions |
- |
- |
- |
- |
- |
- |
Receiving of Loans and Financing Ceded |
- |
- |
- |
- |
- |
- |
Acquisition of fixed assepts |
(6,405) |
(5,264) |
(9,296) |
(2,586) |
(10,960) |
(9,379) |
Acquisition of intangible assepts |
(3,996) |
(3,706) |
(7,458) |
(3,211) |
(962) |
(14,440) |
Acquisition of concession assepts |
(110,871) |
(131,956) |
(110,006) |
(35,628) |
(5,707) |
(282,611) |
Concession for advance of future capital increase |
- |
- |
- |
- |
- |
- |
Acquisition/Contribution of capital in equity participation |
- |
- |
- |
- |
- |
(436,743) |
Others |
1,901 |
- |
- |
(64,114) |
- |
1,779,563 |
|
|
|
|
|
| |
Net Cash from investments activities |
(119,371) |
(140,926) |
(126,760) |
(105,539) |
(17,629) |
1,036,390 |
|
|
|
|
|
| |
Increase (decrease) in cash and cash equivalents |
6,375 |
20,875 |
3,731 |
(5,996) |
(3,600) |
5,644 |
Cash and cash equivalent – beginning of period |
16,426 |
4,525 |
5,478 |
24,497 |
7,286 |
62,607 |
Cash and cash equivalent – end of period |
22,801 |
25,400 |
9,209 |
18,501 |
3,686 |
68,251 |
6.375 |
20.875 |
3.731 |
(5.996) |
(3.600) |
5.644 |
18
Marketletter 4Q16
IV.3 Financial Information and Result Analysis of Eletrobras Companies
Company |
Net Operating Revenue (R$ Million) |
Financial Result* (R$ Million) |
Profit/Loss of Period *(R$ Million) |
EBITDA |
Margin | |||||
|
|
|
(R$ Million) |
EBITDA | ||||||
|
|
|
|
(%) | ||||||
2016 |
2015 |
2016 |
2015 |
2016 |
2015 |
2016 |
2015 |
2016 |
2015 | |
Eletronorte |
8,707 |
5,949 |
3,909 |
413 |
3,524 |
102 |
4,180 |
952 |
48% |
16% |
Chesf |
12,754 |
4,040 |
6,503 |
-640 |
3,985 |
-476 |
7,061 |
-542 |
55% |
-13% |
Furnas |
19,799 |
6,570 |
15,090 |
1,136 |
9,451 |
-70 |
15,185 |
1,786 |
77% |
27% |
Eletronuclear |
2,547 |
1,902 |
-3,799 |
-4,989 |
-4,076 |
-5,118 |
-3,401 |
-4,621 |
-134% |
-243% |
Eletrosul** |
3,202 |
1,623 |
1,747 |
-82 |
1,115 |
-910 |
2,163 |
-330 |
68% |
-20% |
CGTEE |
634 |
375 |
-647 |
-297 |
-1,073 |
-648 |
-574 |
-221 |
-91% |
-59% |
Amazonas Geração & Transmisão S.A. |
351 |
2,621 |
-31 |
-107 |
-350 |
-243 |
32 |
-76 |
9% |
-3% |
* Values for consolidation purposes ** Eletrosul Subsidiary Results were adjusted with the elimination of amounts referring to the sale to Eletronorte and recognition of the amortization for the term of the concession of the intercompany unrealized profits.
| ||||||||||
Company |
Net Operating Revenue (R$ Million) |
Financial Result* (R$ Million) |
Profit/Loss of Period (R$ Million) |
EBITDA |
Margin | |||||
|
|
|
(R$ Million) |
EBITDA | ||||||
|
|
|
|
(%) | ||||||
2016 |
2015 |
2016 |
2015 |
2016 |
2015 |
2016 |
2015 |
2016 |
2015 | |
ED Acre |
429 |
400 |
-5 |
-116 |
-144 |
-185 |
12 |
-100 |
3% |
-25% |
ED Alagoas |
1,212 |
1,364 |
-203 |
-148 |
-322 |
-253 |
-166 |
-114 |
-14% |
-8% |
Amazonas Distribuição de Energia S.A. |
2,670 |
2,621 |
-2,663 |
-892 |
-4,616 |
-2,344 |
-2,872 |
-974 |
-108% |
-37% |
ED Piauí |
1,350 |
1,295 |
-284 |
-418 |
-507 |
-563 |
-245 |
-383 |
-18% |
-30% |
ED Rondônia |
1,485 |
985 |
-585 |
-206 |
-835 |
-561 |
-548 |
-170 |
-37% |
-17% |
ED Roraima |
305 |
179 |
-180 |
-107 |
-270 |
-243 |
-169 |
-189 |
-56% |
-105% |
Celg-D |
4,141 |
4,547 |
-60 |
-153 |
60 |
-1,020 |
70 |
22 |
2% |
0% |
* Values for consolidation purposes
19
Marketletter 4Q16
IV.3.1 Financing and Loans – R$ Million
Local Currency (LC) + Foreign Currency (FC)
Eletrobras Companies |
Eletrobras (1) |
Others Creditors (2) |
Total (1+2) | ||||||||||||
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
After 2022 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
After 2022 | ||
Eletronorte |
512.44 |
259.19 |
234.29 |
241.54 |
234.33 |
219.89 |
929.64 |
392.82 |
332.01 |
226.20 |
197.32 |
201.07 |
205.44 |
1,135.32 |
5,321.50 |
Chesf |
564.16 |
134.57 |
- |
- |
- |
- |
- |
359.23 |
386.75 |
211.76 |
138.37 |
103.78 |
66.29 |
234.03 |
2,198.94 |
Furnas |
755.00 |
481.00 |
458.00 |
480.00 |
501.00 |
319.00 |
888.00 |
954.00 |
1,910.00 |
1,152.00 |
783.00 |
580.00 |
579.00 |
1,104.00 |
10,944.00 |
Eletronuclear |
296.98 |
146.72 |
138.11 |
138.11 |
138.11 |
119.55 |
578.90 |
78.10 |
120.55 |
167.11 |
179.22 |
192.23 |
206.17 |
4,939.95 |
7,439.83 |
Eletrosul |
217.32 |
260.78 |
256.52 |
246.18 |
246.18 |
245.98 |
430.71 |
675.61 |
167.41 |
145.02 |
125.48 |
98.05 |
90.33 |
333.46 |
3,539.03 |
CGTEE |
378.70 |
319.90 |
324.70 |
324.70 |
277.50 |
243.20 |
814.80 |
- |
- |
- |
- |
- |
- |
- |
2,683.50 |
Amazonas GT |
179.90 |
75.70 |
70.40 |
62.50 |
22.50 |
17.70 |
0.40 |
- |
- |
- |
- |
- |
- |
- |
429.10 |
Itaipu Binacional (1) |
- |
550.88 |
587.29 |
626.49 |
668.73 |
296.31 |
58.27 |
- |
957.34 |
1,021.35 |
1,090.09 |
1,163.94 |
1,240.16 |
448.17 |
8,709.01 |
ED Acre |
49.08 |
45.16 |
44.48 |
44.26 |
39.38 |
34.97 |
104.51 |
- |
- |
- |
- |
- |
- |
- |
361.83 |
ED Alaugas |
51.00 |
484.00 |
258.00 |
228.00 |
202.00 |
123.00 |
108.00 |
1.50 |
1.50 |
1.50 |
1.50 |
- |
- |
- |
1,460.00 |
ED Amazonas Energia |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
ED Piauí |
440.24 |
108.82 |
75.04 |
60.99 |
28.55 |
12.49 |
498.62 |
7.93 |
4.88 |
4.88 |
4.88 |
4.88 |
4.88 |
18.31 |
1,275.39 |
ED Rondônia |
23.32 |
228.60 |
219.70 |
206.50 |
102.02 |
82.18 |
101.64 |
- |
- |
- |
- |
- |
- |
- |
963.96 |
ED Roraima |
3,011.44 |
29,520.51 |
29,539.18 |
24,550.09 |
7,009.77 |
7,009.77 |
13,587.73 |
- |
- |
- |
- |
- |
- |
- |
114,228.49 |
(1) Amounts in USD MILLION
20
Marketletter 4Q16
IV.3.2 Analysis of the Results of the Generation and Transmission Companies
ELETRONORTE
Analysis of the Result
In 2016, the Company presented a 3,036% higher result than in 2015, from a profit of R$ 102 million in 2015 to a profit of R$ 3,189 million in 2016, mainly due to the factors described below.
Operating Revenue
In 2016, net operating revenues increased by 2015, from R$ 5,777 million in 2015 to R$ 8,707 million in 2016. The variations are shown below:
Gross Revenue |
2016 |
2015 |
Variation (%) |
Analysis |
Generation |
|
|
|
|
Supply to Disco |
3,007,453 |
3,904,711 |
-23.0 |
The variation was mainly due to: (i) the expiration and non-exercise of the option to purchase contracts entered into with marketers, whose amount of marketed energy decreased from 1,212 average MW in 2015 to 514 average MW in 2016; And (ii) the termination of 2 contracts negotiated in the Regulated Environment (CCEAR), which reduced the commercialized energy from 1,167 average MW to 1,008 average MW. These decelerations caused the billed energy to suffer decrease in the compared period. |
Supply to final consumers |
1,120,330 |
1,206,994 |
-7.2 |
The variation was mainly due to: (i) invoicing of contracts with Albras and South 32 (formerly BHP Billiton), whose contracts are influenced by exchange rate volatility and aluminum prices in the international market (LME). |
Short Term Energy (CCEE) |
385,152 |
91,634 |
320.3 |
The variation was mainly due to: (i) reduction of bilateral contracts in 2016 from 3,833 MWmed to 2,998 Mwmed, caused the Company to derive revenue from the sale of surplus energy in the short-term market higher than that verified In 2015 when it was in a short-term buyer position to honor its energy contracts because of the GSF. In 2016, the Company moved into a short-term energy selling position. |
O&M Revenue - Renewable Plants Law 12.783/2013 |
15,584 |
15,213 |
2.4 |
The variation did not show any significant change in the period and was the result of the annual readjustment of the RAG - Annual Generation Revenue, and Aneel's determinations, which appear in Technical Note 232/2016. |
Generation Construction Revenue |
0 |
0 |
0.0 |
Not applicable. |
Transmission |
|
|
|
|
Unrefined LT revenue |
35,511 |
32,698 |
9 |
The change was mainly due to the start-up of new facilities, the SE Porto Alegre Collective and the Green Line Transmission of Energy Transmitter - LVTE. |
O & M LT renewed by Law 12.783/2013 |
1,149,175 |
1,035,452 |
11 |
The variation was mainly due to the anticipation of revenues and variable portions of the RAP of 2016, and in 2016, in addition to not having anticipated revenue, there was a variable return. |
Return on Investment in Transmission |
14,228,062 |
215,840 |
6,492 |
The variation was mainly due to: accounting recognition of the electric power transmission assets existing on 05/31/2000, named Basic Grid Existing System - RBSE and Other Transmission Installations - RPC, not amortized and not depreciated during the first concession period of the transmission lines whose concessions were extended by Law 12,783 / 2016, as well as by the respective remuneration related to those assets, in accordance with Administrative rule MME 120/2016. The accounting occurred according to the amounts approved by Aneel. The effect of RBSE on the financial income account in 2016 was R$ 3,596 million. |
Transmission Construction Revenue |
318,890 |
633,203 |
-50 |
The change was mainly due to the reduction in the volume of investments and the merger of SPE LVTE, which had no effect on the result due to the registration in an equivalent amount in the construction expense account. |
Other Revenues |
192,455 |
196,760 |
-2.1 |
The variation was mainly due to the increase in CDE and PROINFA transfer revenues, calculated on transmission revenue. In addition, there was an increase in Eletronorte's operating and maintenance service revenues to third parties, especially SPE Norte Energia. |
Deductions from Operating Revenues |
-777,571 |
-824,474 |
-5.6 |
The variation was mainly due to the reduction in revenue in the period. |
Net Operating Revenue |
19,799,277 |
6,570,320 |
201.3 |
The variation was due to the factors explained above. |
21
Marketletter 4Q16
Operating Expenses
In 2016, operating expenses decreased compared to 2015, from R$ 5,364 million in 2015 to R$ 5,133 million in 2016, presenting the variations listed below:
PMSO |
2016 |
2015 |
Variation (%) |
Analysis |
Personnel |
-1,346,253 |
-1,150,879 |
17.0 |
The variation was mainly due to: (i) collective bargaining agreement, which established a readjustment of 9.28%; (Ii) termination of a hazardous action lawsuit (R$ 49 million); (iii) administrative agreement for an uninterrupted shift of the relay (R$ 38 million); (Iv) expense of R$ 22 million resulting from the termination of outsourced hands. |
Material |
-31,323 |
-25,836 |
21.2 |
The variation was mainly due to the replacement of material. |
Services |
-305,167 |
-282,431 |
8 |
The variation was the result of the annual adjustment of service contracts.
|
Other |
-251,368 |
45,129 |
657 |
The variation was mainly due to (i) the effect of the purchase of SPE Norte Brasil Transmissora in 2015, which did not occur in 2016 (R$ 171 million); (Ii) rent and lease expenses of UTE's Santarém and Uraguaia, in the amount of R$ 86 million and (iii) insurance payments, in the amount of R$ 84 million. |
Donations and Contributions |
-15,944 |
-256 |
6,128 | |
Other Expenses |
-235,424 |
45,385 |
-618 | |
TOTAL PMSO |
-2,663,468 |
-2,573,129 |
3.5 |
|
Operating Costs |
2016 |
2015 |
Variation (%) |
Analysis |
Energy purchased for resale |
-182,469 |
-629,974 |
-71.0 |
The change was mainly due to: (i) a high volume of energy purchases in 2015, atypical, due to the GSF, which did not occur in 2016; (Ii) energy cost in 2015 was higher than in 2016. |
Fuel for Electricity Production |
-3,717 |
-363,426 |
-97.9 |
The variation was mainly due to: (i) lower dispatch from the Santana plant and consequent lower reimbursement from CCC. |
Use of the Electricity Grid |
0 |
187,632 |
|
No relevant variation. |
Construction |
-523,686 |
-512,921 |
2.1 |
No effect on income, due to counterpart in construction revenue. |
Compensation and Reimbursement Expenses (Use of water resources) |
-210,914 |
-313,689 |
-32.8 |
The variation was mainly due to lower generation revenues. Expenditure on the use of water resources is proportional to the generation of energy. |
Depreciation and Amortization |
-170,518 |
-213,526 |
-20.1 |
No relevant variation. |
22
Marketletter 4Q16
Operating Provisions |
2016 |
2015 |
Variation (%) |
Analysis |
|
1,646 |
1,678 |
1,96 |
The variation was mainly due to: (i) reversal of provision for the GSF, due to the renegotiation of hydrological risk in 2015, in the amount of R$ 451 million; (Partially offset by (ii) constitution of a provision of R$ 234 million related to Ceron's credit, backed by CCC credit, according to Interministerial Ordinance MME / MF 652/2014, due to the suspension of the CDE 2017 budget; (iii) Provision of R$ 346 million related to Pará Tax, which is being discussed in court. |
Financial Result
The financial result improved, from an expense of R$ 427 million to a revenue of 5.2 million.
Financial Result |
2016 |
2015 |
Variation (%) |
Analysis |
Financial Income |
100,497 |
173,011 |
-41.9 |
The variation was mainly due to: reduction of the average balances of financial investments, to contributions in SPEs Norte energia, Belo Monte Transmissora de Energia, Companhia Energética Sinop and payment of loans. |
Debts |
-632,081 |
-579,332 |
9.1 |
The variation was mainly due to: (Selic) charges levied on dividends from the 2015 financial years to be paid to Eletrobras. In addition, there is the recognition of charges on loans taken with Eletrobras and other Financial Institutions such as CEF, BNDES and State Grid. |
Moratorium surcharge on energy sold |
-5,661 |
42,556 |
-113.3 |
The change was mainly due to: (i) the effect, in 2015, of the reversal of interest recognized on credits of Companhia de Eletricidade do Amapá in the amount of R$ 23 million, which did not occur in 2016; (Iii) payment of energy bills. |
Net Foreign Exchange Variation |
82,885 |
-264,339 |
131.4 |
The variation was mainly due to: the negative variation of the US dollar, which in the course of the year was up by 47.0% in 2015 and by 16.5% in 2016, due to the sale of financing agreements entered into with Eletrobras Linked to the dollar and YEN (referring to the north-south interconnection). |
Net Monetary Update |
242,633 |
371,596 |
-34.7 |
The variation was mainly due to: a smaller update of CERON credits totaling R$ 395 million in 2016 and, in 2015, R $ 659 million. In December 2015, a debt repricing instrument was signed with Ceron, aiming to regularize the debt, in 120 installments, updated by the Selic, with the payment of credits from CCC, according to Interministerial Order MME / MF 652/14. |
Other Financial Income / Expenses |
-1,693 |
-37,625 |
-95.5 |
The variation was mainly due to: due mainly to the 4Q15 increase in the amount of R$ 35 million, due to Ceron, resulting from the purchase of energy from Termonorte, and this instruction was transformed into a payment The holding company to pay dividend debt of 2014. |
Gains / Losses with Derivatives |
218,714 |
-221,666 |
-198.7 |
This change was mainly due to: Aluminum quotation on the London Metal Exchange (LTE) in December 2016, which reached US $ 1,722.17 / ton, which represents a positive variation compared to 2015 when The value of Aluminum was US $ 1,495.35 / tn. The change in the price of aluminum is used as a parameter in the calculation for bilateral contracts with aluminum producers. |
Remuneration of Indemnities of the 1st tranche of Law 12,783 / 2013 |
0 |
88,612 |
-100.0 |
The variation was due to the full receipt of the credits related to the indemnification of the 1st tranche, according to Law 12,783 / 2013. |
23
Marketletter 4Q16
Shareholdings
Shareholdings |
2016 |
2015 |
Variação (%) |
Análise |
|
144,074 |
112,951 |
27.6 |
The variation was mainly due to: (i) equivalence in SPEs MTE (R$ 16 million), NBTE (R$ 88 million) and TME (R$ 9 million). |
Income tax and social contribution
Income tax and social contribution |
2016 |
2015 |
Variação (%) |
Análise |
IR and Current CSLL |
-248,680 |
-326,931 |
-23.9 |
The variation was mainly due to changes in taxable income |
IR and deferred CSLL |
-468,421 |
313,399 |
-249.5 |
The variation was mainly due to: the effect of the RBSE registration. |
Tax Incentive Revenue |
182,831 |
16,029 |
1,040.6 |
The variation was mainly due to: new constitutional reports recognized the right of the Company to the reduction of 75% of the Income Tax (SUDAM), in the exploration of generation and transmission activities. |
24
Marketletter 4Q16
CHESF
Analysis of the Result
In 2016, the Company presented an increase of 937% compared to 2015, from a loss of R$ 476 million in 2015 to an income of R$ 3,985 million in 2016, mainly due to the factors described below.
Operating Revenue
In 2016, Net Operating Revenue increased by 215% compared to 2015, from R$ 4,404 million in 2015 to R$ 12,754 million in 2016. The variations are shown below:
Gross Revenue |
2016 |
2015 |
Variation (%) |
Analysis |
|
Generation |
|
|
|
|
|
Supply to Disco |
151,109 |
132,455 |
14.1 |
The variation was mainly due to: (i) atypical movement in auctions held in the Free Contracting Environment (ACL) in 2015, due to the adjustment in quotas in the second half of 2015, as established in Law 13182/1515 , which authorized the extension of the Sobradinho SHU concession and the supply contracts with the industrials from the northeast, exceptionally guaranteeing, for the period from July 7, 2015 to December 31, 2015, the non-allocation of physical energy guarantee quotas And power (363MW average), allowing commercialization in the ACL. The allocation of this volume of quotas was recomposed in January 2016. | |
Supply to final consumers |
846,687 |
1,185,628 |
-28.6 |
The change was mainly due to: atypical movement in 2015, since, on the occasion of the extension of the Sobradinho SHU Concession, and consequently of the signature of the additives of the contracts with the industrial consumers, an additional tariff adjustment was applied , which was valid, exceptionally, during the second half of 2015, allowing Chesf to meet the costs of contracted demand with these industrial consumers, since Chesf did not have the energy to the demand in the second half of the year, due to the allocation of all energy from Sobradinho SHU in the first half of 2015, considering that contract with the industrial, before the rules of Law 13182/2015, would end up in the 1st half. | |
Short therm energy (CCEE) |
55,073 |
223,285 |
-75.3 |
The variation was mainly due to: (i) allocation of the physical guarantee of energy of the Sobradinho SHU in the first half of 2015, which did not occur in 2016; (Ii) average price of PLD in 2015 was higher than in 2016. | |
O&M TL renewed by law 12.783/2013 |
1,326,561 |
1,206,251 |
10.0 |
The variation was mainly due to: (i) reduction of O & M revenue, due to the allocation of 363MW average of quotas exceptionally in the second half of 2015, which did not occur in 2015, compensated by (ii) readjustment, occured in July 2016 of RAG - Annual Generation Revenue from Renewable Plant and (iii) by he new investments made in renewed plants, with revenues of R$ 84 million in 2016. | |
Construction revenue from generation |
30,097 |
50,953 |
-40.9 |
No effect in the results, due to an equivalent expense. | |
Transmission |
|
|
|
| |
RAPs TL not renewes |
70,534 |
55,449 |
27.2 |
The variation was mainly due to: (i) readjustment of the RAPs for the 2015/2016 cycle and (ii) reinforcement in the transmission system. | |
O&M TL renewed by law 12.783/2013 |
938,205 |
863,938 |
8.6 |
The variation was due mainly to the annual adjustment of the RAPs. | |
Revenue from return on investment in transmission |
9,437,203 |
81,743 |
11.445.0 |
The variation was mainly due to: accounting recognition of the electric power transmission assets existing on 05/31/2000, named Basic Grid Existing System - RBSE and Other Transmission Installations - RPC, not amortized and not depreciated during the first concession period of the transmission lines whose concessions were extended by Law 12,783 / 2016, as well as by the respective remuneration related to those assets, in accordance with Administrative rule MME 120/2016. The accounting occurred according to the amounts approved by Aneel. The effect of RBSE on the financial income account in 2016 was R$ 9,347 million. The adjustment of the financial assets of the transmission and recognition of amounts receivable become the basis for the regulatory remuneration of the assets not amortized and/or depreciated of the existing RBSE on 05/31/2000. | |
Construction revenue from transmission |
552,736 |
949,042 |
-41.8 |
The variation was mainly due to: (i) works in the transmission system, which has no impact on the result due to the registration of an equivalent amount in the expense. | |
Other Revenues |
43,242 |
25,509 |
69.5 |
The variation was mainly due to the increase in revenues from engineering services such as deployment, operation and maintenance services, among others. | |
Operating Revenues deductions |
-697,183 |
-734,391 |
-5.1 |
A maior variação da Receita Bruta foi referente à receita financeira de RBSE, que é um direito reconhecido e ainda não faturado, conforme Portaria MME 120/2016. | |
NOR |
12,754,264 |
4,039,862 |
215.7 |
The variation was due to the factors explained above. |
25
Marketletter 4Q16
Operating Costs and Expenses
In 2016, operating expenses and costs increased by 34% compared to 2015, from R$ 4,672 million in 2015 to R$ 6,251 million in 2016, presenting the variations listed below:
PMSO |
2016 |
2015 |
Variation (%) |
Analysis |
Personnel |
-1,021,403 |
-934,041 |
9.4 |
The variation was due mainly to the reflection of the collective agreement that established a salary adjustment of 9.28%, reflecting in the benefits of the employees. |
Material |
-23,371 |
-25,616 |
-8.8 |
The variation was mainly due to the reduction of consumption of fuels and lubricants related to transportation. |
Services |
-234,443 |
-218,604 |
7.2 |
The variation was mainly due to the readjustment in prices for maintenance and equipment maintenance. |
Other |
-258,780 |
-184,872 |
40.0 |
The variation was mainly due to: (i) an increase in the post-employment benefits item, as a result of the recognition of the expenses of the pension plans contained in the actuarial reports, and (ii) reduction of recovery of expenses resulting from the recovery Of credit from Pasep / Cofins. |
Donations and contributions |
-19,517 |
-18,750 |
4.1 | |
Other operating expensen |
-239,263 |
-166,122 |
44.0 | |
TOTAL PMSO |
-1,537,997 |
-1,363,133 |
13 |
The variation was due to the factors explained above. |
Operating Costs |
2016 |
2015 |
Variation %) |
Analysis |
Energy purchased for resale |
-342,197 |
-346,350 |
-1.1 |
No relevant variation and refer mainly to energy purchased from SPE Jirau. |
Fuel |
-7,803 |
-176,425 |
-95.6 |
The change was mainly due to the interruption of the Camaçari plant operations. |
Charges for the uso of the Electricity grid |
-673,051 |
-673,906 |
-0.1 |
No relevant variation. |
Construction expenses |
-582,833 |
-999,995 |
-41.7 |
No effect in the results, due to an equivalent revenue. |
Compensation and Reimbursement Expenses (Use of water resources) |
-9,332 |
-9,691 |
-3.7 |
The variation was mainly due to a decrease in generation of electricity, due to the level of the reservoirs in the region, especially the Sobradinho SHU. |
Depreciation and amortization |
-101,753 |
-106,565 |
-4.5 |
No relevant variation. |
26
Marketletter 4Q16
Operating Provision |
2016 |
2015 |
Variation (%) |
Analysis |
|
-2,996,350 |
-996,246 |
200.7 |
The variation was mainly due to: (i) provision related to the onerous / impairment contract of R$ 2,042 million in transmission, with emphasis on Contract 61 of transmission lines renewed by Law 12,783 / 2013 (approximately R$ 2,003 millions). The main reason for the variation of the Onerous Contact / impairment was the necessity to disregard the reduction of the expenses in the Voluntary Retirement Plan- PIDV, which was expected to occur in the company, however, due to the new Master Plan 2017/2021, which establishes New plans for retirements, it is necessary to wait the launch and authorization of the new plan to effectively consider in the tests the reduction of expenses, in accordance with current accounting practice, since it is when the Company is considered to be compromised; (Ii) net provision for impairment / onerous contract, in generation, in the amount of R$ 190 million, considering constitution for Casa Nova I, II and III UHEs, and reversal of R$ 39 million for UTE Camaçari; (Iii) increase in the allowance for loan losses (R$ 25 million); (Iv) losses on investments related to impairments in SPEs, from the investor's perspective (R$ 279 million) |
Financial Result
The net financial result went from a revenue of R$ 66 million in 2015 to a revenue of R$ 15 million in 2016, influenced by the following factors:
Financial Result |
2016 |
2015 |
Variation (%) |
Analysis |
Revenues from Financial Investments |
58,370 |
138,114 |
-57.7 |
The variation was due mainly to: movement of applications and redemptions of National Treasury bonds. |
Debt Charges |
-200,688 |
-143,371 |
40.0 |
The variation was mainly due to: the increase in the balance of loans and financing arising from new funding from Caixa Econômica, Eletrobras and BNDES for funding and investments. |
Moratorium increase |
94,168 |
87,260 |
7.9 |
No relevant variation |
Net Foreign Exchange Variation |
0 |
0 |
0.0 |
Not applicable |
Net Monetary Adjustment |
34,824 |
24,424 |
42.6 |
The variation was mainly due to the increase in the monetary variation on judicial deposits. |
Other Financial Revenue/ Expenses |
28,207 |
30,199 |
-6.6 |
No relevant variation |
Remuneration of Indemnities of the 1st tranche of Law 12,783 / 2013 |
0 |
-70,597 |
-100.0 |
The variation was due to the full receipt of the credits referring to the 1st tranche of the indemnities referring to the concessions renewed according to Law 12,783 / 2013. |
27
Marketletter 4Q16
Shareholdings
In 2016, shareholdings increased by 2,857.2% in relation to 2015, from a net expense of R$ 17 million in 2015 to a net income of R$ 457 million in 2016, due to the factors described below:
Shareholdings (Equivalence) |
2016 |
2015 |
Variation (%) |
Analysis |
|
456,751 |
-16,566 |
-2,857.2 |
The variation was mainly due to: the result, by equivalence equity, of the IE Madeira SPEs (R$ 99); Transmitter Manaus (R$ 16); Of Manaus Transmissora (R$ 16 million); Of IE Garanhuns (R$ 45 million), which showed an increase in the profit resulting from the correction of their respective Revenues, to the result of ESBR Participações (R$ 270 million), which in 2016 reversed the provision of exclusive liability; And the negative result of Norte Energia S.A., which presented a negative variation due to the restatement of its financial statements for fiscal year 2015 (R$ 34 million). |
Income Tax and Social Contribution
Income Tax and CSLL |
2016 |
2015 |
Variaion (%) |
Analysis |
IR e CSLL current |
-4,597 |
- 26,665 |
-82,7 |
The variation was mainly due to changes in taxable income. |
IR e CSLL diferred |
- 2,987,233 |
133,659 |
2.335 |
The variation was mainly due to: the effect of the RBSE registration. |
Receita de Incentivos Fiscais |
2,633 |
0 |
100 |
28
Marketletter 4Q16
FURNAS
Analysis of the Result
In 2016, the Company presented a result 13,572% higher than in 2015, from a loss of R $ 70.3 million in 2015 to a profit of R $ 9,468 million in 2016, mainly due to the factors described below.
Operating Revenue - Generation and Transmission Companies
In 2016, net operating revenue increased 201% compared to 2015, from R $ 6,570 in 2015 to R $ 19,799 million in 2016. The variations in each revenue account are detailed below:
Gross Income |
2016 |
2015 |
Variation (%) |
Analysis |
Generation |
|
|
|
|
Supply to Disco |
3,576 |
4,048 |
-11.6 |
The variation was mainly due to the variation of contract prices in the ACL environment, due to market conditions, reduction of revenue in the ACR environment due to the MCSD (Mechanism of Compensation of Remains and Deficits) and reduction of the lowest dispatch of Thermoelectric Plant Santa Cruz. |
Supply to final Consumers |
22,594 |
15,445 |
46 |
The variation was due to the greater supply of energy to several companies, as of November 2016. |
Short Term Energy (CCEE) |
230,088 |
507,233 |
-55 |
The variation was mainly due to the adoption of the GSF renegotiation by the other market agents, reducing the sale of energy in the short term, and the PLD was lower in 2016. The increase in the supply revenue was not enough to offset the Lower volume sold in the short term. |
O & M Revenue - Renewable Plants Law 12.783/2013 |
836,554 |
667,939 |
25 |
The variation was mainly due to the updating of the RAG - Generation Annual Revenue contracts for the plants extended under Law 12,783 / 2016, including recognition of revenue from new investments. |
Generation Construction Revenue |
-12,158 |
41,804 |
-129 |
The variation was mainly due to the variation in the balances at the Hydroelectric Power Plants of Corumbá, Furnas. Funil, LCB de Carvalho, Marimbondo and Porto Colombia, without effect on the result, considering the registration in an equivalent amount in the expense account. |
Transmission |
|
|
|
|
Unrefined LT revenue |
35,511 |
32,698 |
9 |
The variation was mainly due to the annual adjustment of RAP. |
O & M LT renewed by Law 12.783/2013 |
1,149,175 |
1,035,452 |
11 |
The variation was mainly due to the annual adjustment of the RAP of Contract No. 062.2001. |
Return on Investment Investment in Transmission |
14,228,062 |
215,840 |
6.492 |
The variation was mainly due to: accounting recognition of the electric power transmission assets existing on 05/31/2000, called Basic Grid Existing System - RBSE and Other Transmission Facilities - RPC, not amortized and not During the first concession period of the transmission lines whose concessions were extended by Law 12,783 / 2016, as well as by the respective remuneration related to those assets, in accordance with Administrative Rule MME 120/2016. The accounting record occurred according to amounts approved by Aneel. The effect of RBSE on the financial income account in 2016 was R $ 14,031 million. The updating of the financial assets of the transmission and recognition of amounts receivable become the basis for the regulatory remuneration of the assets not amortized and / or depreciated of RBSE existing on 05/31/2000 |
Transmission Construction Revenue |
318,890 |
633,203 |
-50 |
The variation was due to, mainly, variation of CT 062,2001 (R $ 214 million) and other contracts (R $ 57 million). |
Other Revenues |
192,455 |
196,760 |
-2.1% |
No relevant variation and refers to engineering services. |
Deductions from Operating Revenues |
-777,571 |
-824,474 |
-5.6 |
The largest change in Gross Revenue was related to the financial income of RBSE, which is a right recognized and not yet billed, according to MME Ordinance 120/2016. |
Net Operating Revenue |
19,799,277 |
6,570,320 |
201.3 |
The variation was due to the factors mentioned above. |
29
Marketletter 4Q16
Operating Costs and Expenses
In 2016, operating expenses and costs decreased by 13.3% compared to 2015, from R $ 5,434 million to R $ 4,709 million, with variations listed below:
PMSO |
2016 |
2015 |
Variation (%) |
Analysis |
Personnel |
-1,206,422 |
-1,149,014 |
5.0 |
The variation did not show any significant variation in the period, the increase resulting from the annual adjustment of the Collective Labor Agreement of around 9%, partially offset by management actions to reduce expenses as overtime. |
Material |
-39,392 |
-38,529 |
2.2 |
The variation did not show any significant variation in the period. |
Services |
-796,683 |
840,421 |
-5.0 |
The variation did not show any significant variation in the period. |
Other |
-620,971 |
-545,165 |
14 |
This variation was mainly due to: (i) recovery of expenses (R$ 48 million), mainly due to reimbursement of suppliers, personnel and reimbursable expenses, partially offset by (ii) the increase in the appropriation of Insurance with hydrological risk - GSF due to the renegotiation celebrated in 2015 (R$ 82 million); (Ii) indemnities for losses and damages (R$ 26 million) |
Donations and Contributions |
-24,996 |
-28,484 |
-12.2 | |
Other Expenses |
-595,975 |
-516,681 |
15.3 | |
TOTAL PMSO |
-2,663,468 |
-2,573,129 |
3.5 |
|
Operating Costs |
2016 |
2015 |
Variation (%) |
Analysis |
Energy purchased for resale |
-562,175 |
-457,343 |
23 |
The variation was mainly due to the adhesion of two new Power Purchase Agreement (PPA), signed with SPE Teles Pires to meet the project financing requirement. There was a price adjustment as well as a purchase of energy from Teles Pires in all quarters of 2016, while in 2015 it started in the second quarter. The total volume of the PPA with Teles Pires is 32.01MW average SPE. |
Fuel for Electricity Production |
-409,077 |
-520,272 |
-21.3 |
The variation was mainly due to the reduction in the generation of the thermoelectric plant at UTE Santa Cruz |
Use of the Electricity Grid |
-496,049 |
-468,948 |
5.7 |
The variation was due to, mainly, annual adjustment. |
Construction |
-306,732 |
-675,007 |
55 |
No effect on result, due to an equivalent registration in construction revenue. |
Compensation and Reimbursement Expenses (Use of water resources) |
105,816 |
167,296 |
58.10 |
The variation was due to the application of ANEEL Resolution 67, in the amount of R $ 61,409 million referring to CFURH, due to the increase in energy generation, from 18 GW in 2015 to 26 GW in 2016, and to the addition of TAR - Tariff Updated Reference at 9%. |
Depreciation and Amortization |
244,517 |
280,276 |
14.6 |
The variation of its due to the stock of assets in service.
|
Operating Provisions |
2016 |
2015 |
Variation (%) |
Analysis |
|
175,613 |
-389,499 |
145 |
The variation was mainly due to: (i) a reduction in the balance of the PLCD (R$ 134 million); (ii) reduction of tax, labor and civil contingencies (R $ 103 million); (Iii) reversion of an onerous contract to contract 062 (R$ 729 million); (iv) reversal of Impairment of Batalha (R$127 million) and Simplício (R$ 65 million); And (v) impairment of Serra Mesa (R$ 200 million). |
30
Marketletter 4Q16
Financial Result
The net financial result went from an expense of R$ 1,302 million in 2015 to R$ 981 million in 2016, influenced by the following factors:
Financial Result |
2016 |
2015 |
Variation (%) |
Analysis |
Financial Income |
88,767 |
141,269 |
-37.0 |
The variation was mainly due to the decrease in the balance of financial investments in the period. |
Debts |
-1,062,093 |
-919,075 |
16.0 |
The variation was mainly due to the increase in the level of indebtedness. |
Moratorium surcharge on energy sold |
16,583 |
4,976 |
233.0 |
The variation was mainly due to arrears increases related to Traditional Energy (supply) in the amount of R$ 12 million. |
Net Foreign Exchange Variation |
87,628 |
-212,592 |
141.0 |
The variation was mainly due to the reduction in exchange variation on loans and financing obtained, in the amount of R$ 313 million, due to the exchange rate depreciation on long-term foreign currency loans with the BID (US $ 16.54% ) And Eximbank (Yen: - 13.91%). |
Net Monetary Update |
-101,338 |
-225,834 |
-55.00 |
The variation was mainly due to (i) reduction of monetary variation expense over long-term debt principal, in the amount of R $ 112 million, due to interest fluctuations (Selic, IPCA and TJLP). |
Other Financial Income / Expenses |
-75,245 |
-32,247 |
133 |
The variation was mainly due to the increase in interest of R $ 29 million. |
Remuneration ofIndemnities of the 1st tranche of Law 12,783 / 2013 |
0 |
-118,288 |
-100 |
The change occurred due to the full receipt of the credits referring to the 1st tranche of the assets not depreciated and not amortized referring to the concessions renewed by Law 12,783 / 2013. |
31
Marketletter 4Q16
Shareholdings
Shareholdings |
2016 |
2015 |
Variation (%) |
Analysis |
-184,704 |
405,687 |
-146 |
The variation was mainly due to: equity in the following companies: Madeira Energia (R $ 241 million), São Manoel Energy Company (R $ 104 million); Itaguaçu bahia (R $ 82 million) and Brazil winds (R $ 172 million). The worst result of these investees was due to impairment and costly countermeasures of SPEs and, in the case of Madeira Energia, adjustment of IR and CSLL. |
Income tax and social contribution
The provision for Income Tax and Social Contribution (CSLL) went from an expense of R $ 310 million in 2015 to an expense of R$ 4,474 million, influenced by the factors below
IR e CSLL |
2016 |
2015 |
Variation (%) |
Analysis |
IR and Current CSLL |
-63,864 |
-115,892 |
-45.0 |
The variation was mainly due to the increase in deferred taxes in 2016 due to the effect of accounting for the Basic Network of the Existing System (RBSE). |
IR and deferred CSLL |
-4,409,916 |
-194,097 |
2.172 |
32
Marketletter 4Q16
Eletronuclear
The Company presented a 20.3% better result in 2016 than in 2015, from a loss of R$ 5,118 million in 2015 to a loss of R$ 4,075 million in 2016, mainly due to the factors described below.
Operating income
Gross Income |
2016 |
2015 |
Variation (%) |
Analysis |
Generation |
|
|
|
|
Supply |
2,894,409 |
2.160.585 |
34.0 |
The variation was mainly due to: (i) updating the contracted revenue in 2016, according to ANEEL Resolution 2006, which established the fixed revenue for the year 2016 related to the generation of energy from Angra 1 and 2. ANEEL made a 48% adjustment in the components of plot A, mainly in nuclear fuel to supply INB's revenues, and in 2015 the value was much lower than the requirements. For O & M, the adjustment was 14%. And (ii) a positive balance relating to the variable portion, which represents the excess or insufficiency of the energy supplied in relation to the assured energy of said Angra 1 and 2 nuclear power plants, as evaluated annually. In 2016, the variable share was positive. |
Other Revenues |
123 |
411 |
-70.1 |
The change was mainly due to lower sales in 2016 of general equipment and outdated stock material. |
Deductions |
-347,347 |
-258,667 |
34.3 |
The change was due to the increase in revenue. |
Net Operating Revenue |
2,547,185 |
1,902,329 |
33.9 |
The variation was due to the factors that were explained above. |
Operating Costs and Expenses
In 2016, operating expenses and costs decreased by 7.9% in relation to 2015, from R$ 6,891 million in 2015 to R$ 6,346 million in 2016, presenting the variations listed below:
PMSO |
2016 |
2015 |
Variation (%) |
Analysis |
Personnel |
-518,150 |
-566,443 |
-8.5 |
The variation was mainly due to: (i) the effects of the employee severances in 2015, promoted by Severance Incentive Program that took place in 2015, which were partially offset by (ii) the collective agreement effects that fixed a 9% average wage increase. |
Material |
-69,032 |
-47,756 |
44.6 |
The variation was mainly due to: the maintenance material needs, which vary year by year, depending on the equipment needed. |
Services |
-386,844 |
-406,111 |
-4.7 |
The variation was mainly due to: the Angra 1 maintenance stoppages in 2015 (59 days) were different than the stoppages in 2016 (37 days). In 2015, there were over 20 days of strike, which encumber the temporary labor costs that year, while the return to work of the employees occurred in the expected time in 2016. Besides, there were non-routine maintenances such as the revision of the electrical generator and exciter and the replacement of the protective coating of capacitor boxes 2 and 3, which were not made in stoppage in 2016. |
Other |
-259,574 |
-95,746 |
171.1 |
The variation was mainly due to: (i) documenting the findings on investigation at Angra 3 in the amount of R$ 141.3 million and; (ii) an expense of R$ 27 million related to Property Tax (IPTU) additional fees during the 2011-2015 period, related to additional land areas that were enhanced to the estate cadastre of the municipality of Angra dos Reis. |
Donations and Contributions |
0 |
0 |
0.0 | |
Other Expenses |
-259,574 |
-95,746 |
171.1 | |
TOTAL PMSO |
-1,233,600 |
-1,116,056 |
10.5 |
|
33
Marketletter 4Q16
Operating Costs |
2016 |
2015 |
Variation (%) |
Analysis |
Energy purchased for resale |
0 |
0 |
0 |
Not applicable. |
Fuel for Electricity Production |
-371,902 |
-286,951 |
30 |
The variation was mainly due to: the stoppage in 2015 (59 days) was higher than in 2016 (37 days), therefore the energy production was lower and this caused the lower fuel expense. |
Use of the Electricity Grid |
-93,908 |
-83,793 |
12 |
The variation was mainly due to: the adjustment of the value charged for the use of the electricity grid, by virtue of the higher energy generated. |
Construction |
0 |
0 |
0 |
Not applicable. |
Depreciation and Amortization |
-397,637 |
-367,981 |
8 |
The variation is not relevant. |
Operating Provisions |
2016 |
2015 |
Variation (%) |
Analysis |
|
-4,249,259 |
-5,037,026 |
-15.6 |
The variation was mainly due to: the lower provision record for impairment of Usina Angra 3 in 2016 (R$ 4,236 million) compared to 2015 (R$ 4,974 million), although it is also relevant. |
Financial Result
In 2016, the Financial Result decreased 115% compared to 2015, from R $ 129 million to R $ 277 million, mainly due to the following factors:
Financial Result |
2016 |
2015 |
Variation (%) |
Analysis |
Financial Income |
3,168 |
2,138 |
48.2 |
The variation was mainly influenced by: profitability was applied on inflows of new investment resources. |
Debts |
-94,865 |
-55,780 |
70.1 |
The variation is mainly due to the interest rate on loans that was taken out for Angra 1 and 2, and for the implementation of the retirement incentive plan in 2015 . |
Interest Paid in Arrears |
0 |
0 |
0.0 |
Not applicable. |
Exchange Rate Variation |
-50,338 |
-98,279 |
-48.8 |
The variation was mainly due to exchange rate change in the period in relation to contracts with suppliers. |
Monetary Adjustments |
-7,262 |
-30,098 |
-75.9 |
The variation was mainly due to the settlement of debts with suppliers, partially offset by new loans with Eletrobras in 2016, in the amount of approximately R$ 130 million. |
Other Financial Results |
-127,258 |
53,439 |
-338.1 |
The variation was mainly due to the reduction in the yield of the decommissioning fund with Banco do Brasil, indexed by the US dollar. |
Income tax and social contribution
There was no provision for income tax and social contribution, since the company had no taxable income.Não houve provisão de IR e CSLL, uma vez que a empresa não teve lucro tributável.
34
Marketletter 4Q16
ELETROSUL
Analysis of the Result
In 2016, the Company presented a variation of 24,380% in the result compared to 2015, from a loss of R$ 769 million in 2015 to an income of R$ 1,105 million in 2016, mainly due to the factors described below:
Operating Revenue
In 2016, Net Operating Revenue increased by 97% compared to 2015, from R$ 1,623 million in 2015 to R$ 3,202 million in 2016. The variations are shown below:
Gross Revenue |
2016 |
2015 |
Variation (%) |
Analysis |
Generation |
|
|
|
|
Supply |
495,309 |
379,610 |
30.5 |
The variation was mainly due to: the annual IPCA adjustment on revenues and the begin into opetation of new wind power generation projects at the end of 2016: Coxilha Seca, Capão do Inglês and Galpões, Hermenegildo I, Hermenegildo II, Hermenegildo III and Chuí IX. |
Short therm energy (CCEE) |
256,870 |
318,978 |
-19.5 |
The variation was mainly due to the decrease in the average PLD in 2016 |
Construction revenue from generation |
|
|
|
No effect in the results, due to an equivalent expense. |
Transmission |
|
|
|
|
RAPs TL not renewes |
120,377 |
96,947 |
24.2 |
The change was mainly due to: readjustment in the RAPs for the 2015/2016 cycle, adjustments related to the variable portion, apportionment of the system and increase of the percentage of O&M calculated based on the PMSO. |
O&M TL renewed by law 12.783/2013 |
612,085 |
570,244 |
7.3 |
The variation was mainly due to the annual adjustment of the RAPs. |
Revenue from return on investment in transmission |
1,773,270 |
205,247 |
764.0 |
The variation was mainly due to: accounting recognition of the electric power transmission assets existing on 05/31/2000, named Basic Grid Existing System - RBSE and Other Transmission Installations - RPC, not amortized and not depreciated during the first concession period of the transmission lines whose concessions were extended by Law 12,783 / 2016, as well as by the respective remuneration related to those assets, in accordance with Administrative rule MME 120/2016. The accounting occurred according to the amounts approved by Aneel. The effect of RBSE on the financial income account in 2016 was R$ 1,596 million. The adjustment of the financial assets of the transmission and recognition of amounts receivable become the basis for the regulatory remuneration of the assets not amortized and/or depreciated of the existing RBSE on 05/31/2000. |
Construction revenue from transmission |
92,163 |
181,682 |
-49.3 |
The variation was mainly due to: reduction in 2016 of construction expenses and reversal of construction revenues linked to the 001/2015 concession contract, which has no impact on income due to Amount equivalent to the expense. |
Other Revenues |
37,604 |
45,057 |
-16.5 |
The variation was mainly due to the reduction of engineering services. |
Operating Revenues deductions |
-185,926 |
-174,597 |
6.5 |
- |
NOR |
3,201,752 |
1,623,168 |
97 |
The variation was due to the factors explained above. |
Operating Costs and Expenses
In 2016, operating expenses and costs decreased by 11% compared to 2015, from R$ 1,560 million in 2015 to R$ 1,387 million in 2016, presenting the variations listed below:
35
Marketletter 4Q16
PMSO |
2016 |
2015 |
Variation (%) |
Analysis |
Personnel |
-407,477 |
-374,191 |
8.9 |
The variation was due mainly to the reflection of the collective agreement that established an average salary increase of 9%. |
Material |
-11,599 |
-12,135 |
-4.4 |
No significant variation, but the reduction demonstrates management's effort to reduce costs. |
Services |
-118,268 |
-109,550 |
8.0 |
The variation was mainly due to: (i) price readjustment and (ii) commercial start-up of the new wind farms. |
Other |
-34,114 |
-56,039 |
-39.1 |
The variation was mainly due to the non-recurring recording in 2015 of R $ 22 million losses from the sale of assets to Eletronorte, which did not occur in 2016. The investments in Norte Brasil Energia and Construtora Integração , As well as the assets inherent to Concession 10/2009 - Transmission Line and Substation Collector Porto Velho. |
Donations and contributions |
0 |
0 |
||
Other operating expensen |
-34,114 |
-56,039 |
-39.1 | |
TOTAL PMSO |
-571,458 |
-551,915 |
4 |
|
Operating Costs |
2016 |
2015 |
Variation %) |
Analysis |
Energy purchased for resale |
-264,124 |
-224,560 |
17.6 |
The variation was mainly due to: the purchase of the Power Purchase Agreement (PPA), entered into with the ESBR and Teles Pires SPEs to meet the demand for project financing. There was a price adjustment as well as a purchase of energy from Teles Pires in all quarters of 2016, while in 2015 it started in the second quarter. |
Fuel |
0 |
0 |
0.0 |
Not applicable |
Charges for the uso of the Electricity grid |
-26,135 |
-16,805 |
55.5 |
The change was due mainly to the readjustment of TUST and TUSD in relation to the same period in 2015, and the entry into operation of new wind power plants. |
Construction expenses |
-92,163 |
-181,682 |
-49.3 |
No effect in the results, due to an equivalent revenue. |
Compensation and Reimbursement Expenses (Use of water resources) |
-12,590 |
-12,902 |
-2.4 |
No relevant variation. |
Depreciation and amortization |
-181,249 |
-118,651 |
52.8 |
|
Operating Provision |
2016 |
2015 |
Variation %) |
Analysis |
|
-313,184 |
-453,919 |
-31.0 |
The variation was mainly due to: (i) decrease volume of impairments recorded in 2016 and reversal of impairments, mainly in the wind farms Eólica Coxilha Seca (R$ 29 million), Capão do Inglês (R $ 11 million) and Galpões (R $ 8 million) and transmission contracts (R$ 31 million), partially offset by (ii) generation impairments of R$ 268 million in 2016, in particular Hermenegildo I, II, III and Chui IX, in the total amount of R$ 220 million. |
Financial Result
The net financial result went from an expense of R$ 446 million in 2015 to an expense of R$ 424 million in 2016, influenced by the following factors:
36
Marketletter 4Q16
Financial Result |
2016 |
2015 |
Variation %) |
Analysis |
Revenues from Financial Investments |
37,617 |
37,311 |
0.8 |
No relevant variation |
Debt Charges |
-498,125 |
-391,541 |
27.2 |
The variation was mainly due to: the increase in the balance of loans and financing arising from new funding of funds and charges generated and not yet amortized. |
Moratorium increase |
0 |
0 |
Not applicable | |
Net Foreign Exchange Variation |
48,008 |
-60,627 |
-179.2 |
The change was due mainly to: variation of the Euro in 2016, on signed loans in Euro, by the Eletrobras, from contracts with the german bank KFW, whose funds are used for construction of small hydro. |
Net Monetary Adjustment |
-15,952 |
-56,289 |
-71.7 |
The variation was mainly due to: loan adjustment |
Other Financial Revenue/Expenses |
9,683 |
2,177 |
344.8 |
The change was mainly due to the updating of the renegotiated energy credits inherent to Law 8727/93. |
Remuneration of Indemnities of the 1st tranche of Law 12,783 / 2013 |
0 |
26,795 |
-100,0 |
The change was due to the full payment of the claims relating to compensation of electricity transmission assets existing on 31 May 2000, called Basic Grid Existing System - RBSE and other transmission facilities - RPC, not depreciated and not amortized, according to Law 12,783 / 2013. The concession relating to such assets has been renewed. |
Charges on shareholders remuneration |
-5,418 |
-4,528 |
19.6 |
Dividends not paid that are being adjusted buy Selic rate. |
Shareholdings
In 2016, shareholdings increased by 147% in relation to 2015, from a net expense of R$ 511 million in 2015 to a net income of R$ 240 million in 2016, due to the factors described below:
Shareholdings (Equivalence) |
2016 |
2015 |
Variation %) |
Analysis |
|
240,485 |
-510,925 |
147.1 |
The variation was mainly due to the following: profit realized by the investee ESBR Participações S.A. (UHE Jirau) in 2016, derived in particular from the reversal of the provision related to the responsability exclusion. |
Income Tax and Social Contribution
Income Tax and CSLL |
2016 |
2015 |
Variation %) |
Analysis |
IR e CSLL current |
-37,976 |
65,799 |
42.2 |
The variation was mainly due to: the effect of the RBSE registration. |
IR e CSLL diferred |
-486,031 |
63,600 |
864.1 | |
Revenue form income tax incentive |
0 |
0 |
0 |
37
Marketletter 4Q16
CGTEE
Analysis of the Result
In 2016, the Company presented a 20.10% lower result than in 2015, from a loss of R$ 648 million in 2015 to a loss of R$ 1,073 million in 2016, mainly due to the factors described below.
Receita Operacional (R$ millions)
Net Operating Revenue in 2016 increased compared to 2015, from R$ 374 million in 2015 to R$ 634 million in 2016. The changes in each revenue account are detailed below:
R$ thousands | ||||
Gross Revenue |
2016 |
2015 |
Variation (%) |
Analysis |
Generation |
| |||
Supply |
714,389 |
425,114 |
68,0 |
The variation was due mainly to: (i) extra revenue in the 1st auction resulting from the reinstatement of the physical guarantee of Candiota III thermal plant - phase C, which, from average 227MW in April 2016, returned to an average of 292 MW, according to the Judicial process decision no. 5000593-10.2015.4.04.7100, in the 2nd second half of 2016, and (ii) obtaining an injunction that made CGTEE able to receive amounts retained in the Short-Term Market based on the application of the GSF factor. |
Other Revenues |
3,692 |
3,467 |
6 |
Not relevant variation, with respect to leases of land and ash sale. |
Operating Revenues deductions |
-83,731 |
-53,944 |
55 |
Accompanied the revenues variation. |
NOR |
634,350 |
374,637 |
69 |
The variation was due to the factors explained above. |
Operating Costs and Expenses
Operating costs and expenses increased by 2016, from R$ 672 million in 2015 to R$ 1,282 million in 2016, with the variations listed below:
Operating Costs |
2016 |
2015 |
Variation (%) |
Analysis | ||
Energy purchased for resale |
-223,785 |
-84,877 |
163.7 |
The variation was mainly due to: (i) Eletronorte's energy purchase expenses of 135 MW, which is adjusted by the IPCA; (Ii) accounting for CCEE, where there were discrepancies between the amounts projected for settlement and those actually paid, generating adjustments in the provisions for the purchase of energy. | ||
Fuel |
-180,722 |
-184,397 |
-18 |
The variation was mainly due to the reduction in the purchase of coal for phases A and B of the Presidente Médici thermal plant. | ||
(-) Recuperação Despesas CCC |
116,783 |
106,296 | ||||
Charges for the uso of the Electricity grid |
-43,875 |
-39,019 |
12 |
The change was due to the readjustment of the CUST and CUSD tariffs according to the application of the rules of the contracts. | ||
Construction expenses |
0 |
0 |
0 |
No effect in the results, due to an equivalent revenue. | ||
Depreciation and amortization |
-72,983 |
-76,009 |
-4 |
No relevant variation. | ||
|
|
|
|
| ||
Operating Provision |
2016 |
2015 |
Variation (%) |
Analysis | ||
554,389 |
-101,082 |
448,5 |
The variation was mainly due to: (i) an increase in the provision for contingency (R$ 303 million), with a civil lawsuit filed by the german bank KFW, in the German court, of approximately R$ 258 million, concerning the execution of guarantees not recognized by CGTEE; (Ii) provision for impairment, in the amount of approximately R$ 236 million related to the Candiota II UTE - Phase B. | |||
|
|
|
|
| ||
PMSO |
2016 |
2015 |
Variation (%) |
Analysis | ||
Personnel |
-121,126 |
-115,859 |
4.5 |
The variation was mainly due to the salary adjustment related to the collective agreement of around 9%, proportionally compensated by management actions to reduce expenses. | ||
Material |
-83,043 |
-92,140 |
-9.9 |
The change was mainly due to the renegotiation of whitewash's supply contract. | ||
Services |
-63,460 |
-62,478 |
1.6 |
No relevant variation. | ||
Other |
-55,163 |
-22,434 |
145.9 |
The variation was mainly due to the increase in the payment of labor indemnities. | ||
Donations and contributions |
0 |
0 |
0 | |||
Other operating expensen |
-55,163 |
-22,434 |
146 | |||
TOTAL PMSO |
-322,792 |
-292,911 |
10.2 |
| ||
38
Marketletter 4Q16
Financial Result
The net financial result went from an expense of R$ 351 million in 2015 to an expense of R$ 426 million in 2016, influenced by the following factors:
Financial Result |
2016 |
2015 |
Variation (%) |
Analysis |
Revenues from Financial Investments |
7.547 |
121 |
6137.2 |
The variation was mainly due to the temporary application of available resources to attend short-term obligations. |
Debt Charges |
-416.970 |
-324.337 |
28.6 |
The variation was mainly due to the charges for financing agreements with Eletrobras |
Moratorium increase |
0 |
0 |
0.0 |
Not applicable |
Net Foreign Exchange Variation |
107 |
-360 |
-129.7 |
The variation was mainly due to the variation of the US dollar in the period. |
Net Monetary Adjustment |
2.621 |
0 |
100.0 |
The change was mainly due to the adjustment of receivables, according to ANEEL Dispatch No. 3824/15. |
Other Financial Revenue/Expenses |
-8.597 |
-17.696 |
-51.4 |
The variation was mainly due to the fact that the Company presented a delay to collect taxes in 2015, generating a higher volume of charges in that year. |
Income Tax and Social Contribution
There was no provision for income tax and social contribution, since the company had no taxable income.
39
Marketletter 4Q16
ELETROPAR
In 2016, the Company presented a result 568% higher than in 2015, from a profit of R$ 5.3 million in 2015 to a profit of R$ 35.5 million in 2016, mainly due to the factors described below.
Operating Revenue
Eletropar is a holding company, and therefore its revenue comes from dividends and shareholdings. The result of the shareholding account in 2016 increased, from R$ 3.4 million in 2015 to R$ 34.9 million in 2016, mainly influenced by the following factors:
R$ thousands
Gross Revenue |
2016 |
2015 |
Variation (%) |
Analysis |
Other Revenues |
388 |
0 |
100 |
The variation was mainly due to the: refund of taxes by Receita Federal. |
Operating Revenues deductions |
0 |
0 |
0 |
Not applicable |
NOR |
388 |
0 |
100 |
The variation was due to the factors explained above.. |
Shareholdings (Equivalence) |
2016 |
2015 |
Variation %) |
Analysis |
|
34,861 |
3,472 |
904 |
The variation was mainly due to: (i) a R $ 29.6 million gain on the CTEEP equivalence, influenced by the RBSE registration. |
|
|
|
|
|
Operating Costs and Expenses
Operating expenses increased by 38% in 2016, from R$ 5 million in 2015 to R$ 6.9 million in 2016, mainly due to the following factors:
Operating Costs |
2016 |
2015 |
Variation (%) |
Analysis |
Depreciation and amortization |
-26 |
-26 |
0 |
No variation |
Operating Provision |
2016 |
2015 |
Variation (%) |
Analysis |
|
-1,243 |
-188 |
561.2 |
The variation was mainly due to: (i) provision for loss on the investee Eletropaulo (R $ 712 thousand); (Ii) provision for contingencies related to the annuity process with Bovespa (R $ 54 thousand). |
PMSO |
2016 |
2015 |
Variação (%) |
Análise |
Personnel |
-3,413 |
-3,161 |
8.0 |
The variation was mainly due to: (i) reflection of the collective agreement that established an average salary increase of 9% |
Material |
-58 |
-56 |
3.6 |
No relevant variation. |
Services |
-799 |
-734 |
8.9 |
The variation was mainly due to: readjustment of the contract for the provision of administrative support services (an average of 7.3%); Payment of services to the bank for dividends payment. |
Other |
-1,379 |
-831 |
65.9 |
The variation was mainly due to: (i) increase in tax expenses, CVM inspection fee; Increase in expenses with mandatory publicity, due to the holding of Shareholders Meetings and readjustment of the advertising contract; And (ii) rent adjustment. The increase in tax expenses was R $ 313 thousand due to the financial income being taxed with PIS and Cofins, since July 2015 |
Donations and contributions |
0 |
0 |
0 | |
Other operating expensen |
-1,379 |
-831 |
66 | |
TOTAL PMSO |
-5,649 |
-4,782 |
18.1 |
|
40
Marketletter 4Q16
Financial Result
The net financial result went from a revenue of R$ 7.4 million in 2015 to a revenue of R$ 8.0 million, mainly due to the following factors:
|
|
|
|
|
Financial Result |
2016 |
2015 |
Variation (%) |
Analysis |
Revenues from Financial Investments |
8,989 |
7,513 |
19.6 |
The variation was mainly due to the increase in funds available for application and the restatement of the balance receivable due to the agreement with Eletronet's creditors. |
Other Financial Revenue/Expenses |
-931 |
-51 |
1725.5 |
The variation was mainly due to: (i) the creditors' agreement signed with Eletronet, which establishes the monetary restatement of the balance receivable from Eletronet, and consequent transfer to the assignors. Other expenses were recorded in the account, the amount of R $ 595 thousand related to the adjustment of the obligation of transfer of Eletropar and the consideration paid by Eletronet is, in an equivalent amount, within the revenue account of applications; (Ii) monetary correction of the dividends referring to the year 2015, paid in 2016 (R $ 212 thousand), which did not occur in 2015 due to the non-declaration of dividends for 2014. |
Income Tax and Social Contribution
Income Tax and CSLL |
2016 |
2015 |
Variation (%) |
Analysis |
IR e CSLL current |
-880 |
-626 |
40.6 |
The variation was mainly due to: increase in JCP revenue and financial income. |
IR e CSLL diferred |
0 |
0 |
0 |
|
41
Marketletter 4Q16
Amazonas GT
Clarification: owing to the deverticalization of Amazonas Energia and Amazonas GT happening as of July 2015, the said Company shall not be subject to analysis, which would ensue a comparison between 2015 and 2016, as performed for the other controlled companies of Eletrobras, and the following analysis was made according to the variation between 4Q16 and 4Q15.
The Company posted, in 4Q16, a result 91.0% higher compared to the 4Q15, from a loss of R$ 202.8 million to a profit of R$ 89.9 million in 4Q16, mainly owing to the factors described hereunder.
Operating Revenue
Gross Revenue |
4Q16 |
4Q15 |
Variation (%) |
Analysis |
Generation |
|
|
|
|
Supply |
156,059 |
139,846 |
11.6 |
The variation mainly derived from the increase of the amount of power sold, from 658,098.560 MWh in 4Q15 to 843,519.470 MWh in 4Q16. |
Deductions from Operating Revenue |
-54,630 |
-39,082 |
39.8 |
The variation resulted from the income variation. |
ROL |
101,429 |
100,764 |
0.66 |
The variation resulted from the factors explained above. |
Operating Costs and Expenses
The Operating Expenses and Costs showed, in 4Q16, a decrease of 140% compared to 4Q15, from an expense of R$ 215.7 million to R$ 86.7 million in 4Q16, with the following variations:
PMSO |
4Q16 |
4Q15 |
Variation (%) |
Analysis |
Personnel |
-36,269 |
-18,156 |
99.8 |
The variation mainly derived from the impact of the deverticalization of Amazonas GT on the payroll (actual expense of the month) and payroll provisions. It should be noted that, in 2015, there was no amounts recorded in this provision, only the actual payroll expense, which derived from the Order of Reimbursement Expenditure - ODR from Amazonas Distribuidora de Energia S/A. |
Material |
4,354 |
-4,201 |
-203.6 |
The variation mainly derived from the fact that, over the last quarter of 2015, more materials for the maintenance of plants were used, especially Aparecida. |
Services |
-11,698 |
-8,988 |
30.2 |
The variation mainly derived from new agreements executed for service provision, such as law firms, cleaning and conservation companies. |
Other |
102,812 |
16,881 |
509.0 |
The variation mainly derived from: no invoicing of the lessors for the Company. This way, the account of Lease Rates has been little changed. Although the MME Ordinance 015/2016 decreases the fuel account and increased the rent, the contracts with the lessors had maturity in 3Q16, and there was a challenge connected to the fuel, thus, the contracts were still not executed. |
Donations and contributions |
0 |
0 |
||
Other Operating Expenses |
102,812 |
16,881 |
509.0 | |
TOTAL PMSO |
59,199 |
-14,464 |
-509.3 |
42
Marketletter 4Q16
Operating Costs |
4Q16 |
4Q15 |
Variation (%) |
Analysis |
Power Purchased for Resale |
-39,243 |
0 |
100.0 |
The variation mainly derived from the fact that Amazonas Energia Distribuição did not supply gas, given that Amazonas GT had to purchase power in the market in the short run, although the cost will be recovered by Amazonas D, responsible for the delivery of fuel (about R$ 86 million). |
Fuel |
8,638 |
80,183 |
-89.2 |
The variation is connected to the publication, on January 21, 2016, of the MME Ordinance no. 015/2016, which established that the Lessors are responsible for the purchase of fuel oil, and that such costs are booked to the expense accounts, together with lease rates. The changes to the fuel account as of April 2016 were connected to the adjustment to physical inventories performed. |
Charges on the Use of the Electric Network |
-1,846 |
-3,020 |
-38.9 |
The variation was due to the contracts with the rental companies that matured in the 3Q16, in accordance with the validity of Decree 15/2016. There was a request in the current bidding for new contracting of the rental companies, thus, the contracts to be signed, in accordance with decree 179/2016, have not yet been signed. |
Expenses from Compensation and Reimbursement (Use of water resources) |
-757 |
-1,522 |
-50.3 |
The variation resulted from smaller generation in the period. |
Depreciation and Amortization |
-15,772 |
-15,850 |
-0.5 |
The variation is not relevant. |
Operating Provisions |
4Q16 |
4Q15 |
Variation (%) |
Analysis |
|
76,560 |
-260,984 |
-129.3 |
The variation is mainly connected to the release, in 2015, of R$ 156.8 million of impairment, and, in 2016, of a reversal of 86 million. |
Financial Results
The Financial Income, in 2016, posted a decrease of 15% vis-à-vis 2015, from an expense of R$ 87.8 million to an expense of R$ 74.6 million in 4Q16, mainly owing to the factors below:
Financial Results |
4Q16 |
4Q15 |
Variation (%) |
Analysis |
Revenue from Financial Investments |
686 |
5,038 |
-86.4 |
The variation mainly derived from the redemptions of financial investments made in 4Q16, for the payment of several operating expenses, including suppliers. |
Debt Charges |
-69,183 |
-54,822 |
26.2 |
The variation mainly derived from the inclusion of new loan agreements executed with Eletrobras Holding. |
Addition for Late Payment |
0 |
0 |
Not applicable | |
Net Exchange Variations |
0 |
0 |
Not applicable | |
Net Adjustment for Inflation |
-3,821 |
-40,753 |
-90.6 |
The variation mainly derived from the decrease of the liability adjustment for inflation of Processo El Paso Amazonas. As this process was recorded by AmGT only in 4Q15, within the scope of the deverticalization process, the amount of adjustment accounted for the income of the period was higher because of the cumulative effect. In turn, in 2016, the adjustment was performed quarterly.
|
Other Financial Revenue/Expenses |
-2,321 |
2,639 |
-187.9 |
The variation derived from the recording, in 4Q15, of the penalties applied on invoices of lessors. As there was no invoicing of the lessors in 4Q16, as a result, there was no recording of penalties. |
43
Marketletter 4Q16
IV.3.3 Analysis of the Results of the Distribution Companies
AMAZONAS ENERGIA
Analysis of the Result
The Company1 posted, in the year of 2016, a result 23.2% lower than that ascertained in 2015, from a loss of R$ 2,344 million in 2015 to a loss of R$ 4,967 million in 2016, mainly owing to the factors described hereunder.
Operating Revenue
The Net Operating Revenue posted an increase, from R$ 2,621 million in 2015 to R$ 2,670 million in 2016, owing to the factors below:
Gross Revenue |
2016 |
2015 |
Variation (%) |
Analysis |
Generation |
|
|
|
|
Supply |
460,586 |
784,132 |
-41.3 |
The variation mainly derives from: (I) the effect of the deconsolidation of Amazonas GT, as of July 2015, and, in the first half of 2015, the revenue from the power generated by the assets of Amazonas GT was taken into account, given that, in 2016, by the equity method, this impacted the income of Amazonas D under the account of shareholdings and provisions for the negative net worth of controlled companies. |
Short Term (CCEE) |
314,833 |
670,432 |
-53.0 |
The variation mainly derived from: (i) the decrease of 63.38% in the price of settlement of differences (PLD) in the Northern submarket, thus reaching 94.71 R$ /MWh in 2016 and (ii) by the increase of the share in the power of SIN in the energy matrix of Amazonas, from 44.23% in 2015 to 60.21% in 2016, with, therefore, remaining less power to be settled in the short run. |
Revenue from Construction |
23,377 |
55,646 |
-57.9 |
Without impact on the income, owing to the expenses of equal amount. |
Distribution |
|
|
|
|
Supply |
2,353,321 |
1,339,194 |
75.7 |
The variation mainly derived from: (i) the tariff repositioning of 35.76% (with average impact on the consumer of 40.45%, applied as of February 2016, with backward effect since November 2015, and given that such repositioning impacted the significant variation of the price of transfer equivalent to the average ACR for calculation of such revenue, from average R$ 192.61/ MW in 2015 to average R$ 295.10/MW in 2016; (ii) inclusion of the CDE charge; and (iii) the increment of the charge of system services– ESS. Such tariff increase was partially compensated by the decrease in the revenue transferred to the generation activity by virtue of the deverticalization of Amazonas GT. |
Revenue from Construction |
260,370 |
225,806 |
15.3 |
Without impact on the income, owing to the expenses of equal amount. |
Revenue from CVA |
-129,406 |
-949 |
13,536.0 |
The variation mainly derived from the establishment of CVA liabilities (CVA for amortization), since the power costs (R$ 200.27/MWh) were smaller than the sum charged to the consumers’ power tariff (R$ 295.10/MWh). |
Other Operating Revenue |
263,157 |
319,650 |
-17.7 |
The variation mainly derived from the decrease of R$ 62 million in the revenue of subsidy of low-income consumers. |
Deductions from Operating Revenue |
-876,391 |
-773,144 |
13.4 |
The variation mainly derived from the increase in the revenue from supply. |
NOR |
2,669,847 |
2,620,767 |
1.9 |
The variation resulted from the factors explained above. |
1 It is important to clarify that the income of Amazonas D is not consolidated to Amazonas GT, although it is a fully-owned subsidiary. The income of Amazonas GT is being booked under the shareholder’s equity account of Amazonas Energia. However, in the holding, Amazonas GT appears as consolidated.
44
Marketletter 4Q16
Operating Costs and Expenses
The operating expenses and costs posted, in the year of 2016, an increase of 10.7%, from R$ 3,513 million in 2015 to R$ 5,491 million in 2016, mainly owing to the factors below:
Operating Costs |
2016 |
2015 |
Variation (%) |
Analysis |
Energy Purchased for Resale |
-1,758,515 |
-1,685,067 |
4.4 |
The variation mainly derived from: (i) non-typical booking, in 2015, connected to the measurement of Substation Mauá III, where its electrical measurements were not being properly made by CCEE, leading to an additional expense of R$ 345 million, owing to the backward effect of the booking to include since the operational start-up of the said substation; which compensated (ii) the increase of expenses arising out of the non-generation of power enough by UTE Aparecida, which belongs to Amazonas GT, as a result of the discontinuance of the supply of gas. Given that, in the current deverticalization model, Amazonas Energia is responsible for the delivery of fuel to UTE Aparecida for power generation purposes, expenses connected to said purchase of power are transferred by Amazonas GT onto Amazonas Energia. In 2016, the expense connected to the purchase of power not generated by UTE Aparecida was R$ 86 million; (iii) the accounting reclassification of expenses in keeping with the aspects defined under the Electricity Sector Accounting Guide, given that, in 2015, with the cutoff factor being classified under the account “other expenses" and, as of 2016, started being booked under the account “cost of power purchased" for resale, which impacted the comparison between periods. |
Fuel |
-3,476,449 |
-3,828,978 |
-220.5 |
The variation mainly derived from: impact of the deconsolidation of Amazonas GT, as of July 2015, given that, in the first half of 2015, there was an expense of fuel from Amazonas GT, which, in 2016, by equity method, impacted the income of Amazonas D in the account of shareholdings and provisions for the negative net worth of the controlled company. |
(-) Recovery of CCC Expenses |
3,513,758 |
3,798,015 | ||
Charges on the Use of the Electric Network |
-78,502 |
-95,902 |
-18 |
The variation mainly derived from the deconsolidation of Amazonas GT, as of July 2015. |
Expenses from Construction |
-283,747 |
-281,452 |
1 |
There is no impact on the income owing to the revenue from construction of the same amount. |
Depreciation and Amortization |
-138,869 |
-159,852 |
-13 |
The variation is not relevant and mainly derived from: the effect of the deconsolidation of Amazonas GT as of July 2015, with the transfer of R$ 374 million in generation assets. |
|
|
|
| |
Operating Provisions |
2016 |
2015 |
Variation (%) |
Analysis |
|
-2,368,755 |
-207,426 |
1,042.0 |
The variation mainly derived from: (i) impairment of intangible, amounting to about R$ 63 million, considering the term for the provision of temporary services until December 31, 2017; (ii) reclassification of risk, amounting to R$ 130 million, connected to the eight notices of deficiency recorded by SEFAZ/AM by virtue of the absence of reversing entry of claims of ICMS (Tax on the Circulation of Goods and Services) on loss of electric power; (iii) increase of PCLD (R$ 205 million), especially the household and trade ones, which was mainly triggered by the unfavorable economic context and the tariff repositioning of 40.54%; iv) reclassification of risk, amounting to R$ 422 million, connected to actions filed by independent producers claiming the base date of contract adjustment, pecuniary loss and late payment charges; v) operating provision, amounting to R$ 522 million on the receivables that were suspended, totaling about R$ 2,721 million, under the scope of the process of the budget of CDE of 2017, connected to the new agreements of claims owed by the CDE section fund to the company. In this sense, the provision was calculated considering the cost for raising of such funds, from 19.17% (CDI + 5.54%); (vi) onerous contracts of R$ 812 million, chiefly to about R$ 709 million connected to the amount of the impairment test of the intangible from the distribution activity and R$ 54 million connected to the agreement for purchase of power from UTE Aparecida as a result of the suspension of the natural gas to such plant, brining on a reimbursement of the electric power purchased for the resale with Amazonas GT; (vii) negative net worth of Amazonas GT of R$ 158 million. |
PMSO |
2016 |
2015 |
Variation (%) |
Analysis |
Personnel |
-357,755 |
-333,479 |
7.3 |
The variation mainly derived from: (i) the impact of the collective bargaining agreement that set forth the average wage adjustment of 9%; the hiring of 135 employees, with the impact of 3% to meet the conduct adjustment declaration with the Public Prosecutor’s Office from insourcing services. |
Material |
-25,391 |
-35,419 |
-28.3 |
The variation mainly derived from the decrease in the expenses with the maintenance of plants, which was transferred to Amazonas GT. |
Services |
-235,434 |
-246,366 |
-4.4 |
The variation mainly derived from the recovery of the expenses arising out of the non-cumulative ascertainment connected to the contributions of PIS (Social Integration Program) and COFINS (Contribution for the Financing of Social Security). |
Other |
-281,372 |
-432,774 |
-35.0 |
The variation mainly derived from: the accounting reclassification of expenses in keeping with the aspects defined under the Electricity Sector Accounting Guide, given that, in 2015, with the cutoff factor being classified under the account “other expenses" and, as of 2016, started being booked under the account “cost of power purchased" for resale, which impacted the comparison between periods. |
Donations and contributions |
0 |
0 |
0 | |
Other Operating Expenses |
-281,372 |
-432,774 |
-35 | |
TOTAL PMSO |
-899,952 |
-1,048,038 |
-14.1 |
|
45
Marketletter 4Q16
Financial Results
The net financial income changed from an expense of R$ 1,211 million over the year of 2015 to an expense of R$ 1,957 million, mainly owing to the factors below:
Financial Results |
2016 |
2015 |
Variation (%) |
Analysis |
Revenue from Financial Investments |
2,893 |
8,689 |
-66.7 |
The variation mainly derived from the decrease of funds available for investment. |
Leasing Charges |
-303,381 |
-273,391 |
|
The variation mainly derived from: the negative variation of IGPM. |
Debt Charges |
-2,121,150 |
-1,656,976 |
28.0 |
The variation mainly derived from: (i) R$ 667 million connected to debts with Petrobras/Br Distribuidora, established as of January 2015 but still not newly agreed upon; (ii) new agreement of contracted loans with holding. |
Addition for Late Payment of Power Sold |
81,689 |
55,093 |
48.3 |
The variation mainly derived from the increase of the tax rate of the clients’ account by virtue of the tariff adjustment of 2015, in addition to the installments agreed with the state government. |
Net Exchange Variations |
0 |
0 |
0 |
Not applicable. |
Net Adjustment for Inflation |
461,945 |
712,372 |
-35.2 |
The variation mainly derived from: (i) at expenses: adjustment of debt (R$ 185.4 million), still not newly agreed with BR Distribuidora and the expenditure with the adjustment of Selic Rate of the Debt Acknowledgment Agreements (CCD) executed in December 2014, with Petrobras and Br Distribuidora; (ii) R$ 1,211 million connected to the adjustment by SELIC of the new agreement with Petrobras, in 2014; (iii) charges of R$ 236 million coming from loan and financings contracted by coverage of operating deficit. |
Adjustment of CVA Regulatory Assets/Liabilities |
13,361 |
1,309 |
920.7 |
The variation mainly derived from the adjustment, in the year of 2016, of the CVA Energia regulatory liabilities amounting to R$ 2.0 million. |
Other Financial Revenue/Expenses |
-92,708 |
-57,689 |
60.7 |
The variation mainly derived from: the adjustment of the debt overdue with Amazonas GT of R$ 56 million connected to power supply. |
46
Marketletter 4Q16
Shareholdings
Shareholdings |
2016 |
2015 |
Variation (%) |
Analysis |
|
-189,281 |
-241,322 |
-21.5 |
The variation mainly derived from the income of Amazonas GT, brought by the equity method. |
Income Tax and Social Contribution
There was no provision of IR (Tax Income) and CSLL (Social Contribution on Net Profit), given that the company did not have a taxable profit.
47
Marketletter 4Q16
Eletroacre
Analysis of the Income
The Company posted, in the year of 2016a result 22.2% lower than that ascertained in 2015, from a loss of R$ 184.8 million in 2015 to a loss of R$ 143.9 million in 2016, mainly owing to the factors described hereunder.
Operating Revenue
The Net Operating Revenue posted an increase, from R$ 399.5 million in 2015 to R$ 429.5 million in 2016, owing to the factors below:
R$ (thousands) | ||||
Gross Revenue |
2016 |
2015 |
Variation (%) |
Analysis |
Distribution |
|
|
|
|
Supply |
572,174 |
582,984 |
-1.9 |
The variation mainly derived from: (i) Economic downturn, especially in the productive sector and (ii) Decrease of income from tariff flags. |
Revenue from Construction |
59,792 |
35,983 |
66.2 |
The variation mainly derived from: investment of funds out of the program Luz para Todos (Light for Everyone), in addition to the investments made to build the urban and rural area network in the state, aiming at adding quality and reliability to the power sold. Without impact on the income, owing to the expenses from construction of equal amount. |
Revenue from CVA |
18,207 |
20,463 |
-11.0 |
The variation mainly derived from the establishment of CVA liabilities (CVA for amortization), since the power costs were smaller than the sum charged to the consumers’ power tariff. |
Other Operating Revenue |
17,639 |
15,122 |
16.6 |
The variation mainly derived from: updating of the Basis of Regulatory Yield on the assets under service; and (ii) reclassification of the Revenue from distribution - TUSD under other revenue. |
Deductions from Operating Revenue |
-238,313 |
-255,051 |
-6.6 |
There is no relevant variation. |
ROL |
429,499 |
399,501 |
7.5 |
The variation resulted from the factors explained above. |
Operating Costs and Expenses
The operating expenses and costs posted a decrease in the year of 2016, from R$ 516 million in 2015 to R$ 435 million in 2016, mainly owing to the factors below:
Operating Costs |
2016 |
2015 |
Variation (%) |
Analysis |
Power Purchased for Resale |
-201,049 |
-191,851 |
4.8 |
The variation mainly derived from: a new modality of electric power purchase agreement in the standalone system, which started establishing different criteria for year 2015, especially with respect to the liability connected to the purchase of diesel oil and the records connected to the reversals of specific consumption and cutoff factor, which were added to cost of power purchased for resale. In 2015, the reversals of specific consumption and cutoff factor, amounting to R$ 49 million, were added to the account “other expenses.” |
Fuel |
-131,706 |
-147,814 |
-4.9 |
The variation mainly derived from: (i) a smaller recovery of expenses, by way of the subsidy of CCC resulting from the failure to meet the criteria of energy efficiency required by Aneel. |
(-) Recovery of CCC Expenses |
93,855 |
107,992 | ||
Charges on the Use of the Electric Network |
-4,641 |
-7,434 |
-37.6 |
The variation mainly derived from the smaller costs connected to the subcontracting of the Amount of Use of Transmission System (MUST). |
Expenses from Construction |
-59,792 |
-35,983 |
66.1 |
There is no impact on the income owing to the revenue from construction of the same amount. |
Depreciation and Amortization |
-17,307 |
-16,171 |
7.2 |
The variation is not relevant and mainly derived from additions of assets over the period. |
|
|
|
| |
|
|
|
|
|
Operating Provisions |
2016 |
2015 |
Variation (%) |
Analysis |
|
42,232 |
-44,297 |
-195.3 |
The variation mainly derived from: (i) Partial Reversal of Impairment (R$ 54.9 million), partially compensated by (ii) the provision, amounting to about R$ 13.8 million on the receivables which were suspended, amounting to about R$ 72 million, under the scope of the process of budget of CDE in 2017, connected to the new agreements on claims owed by the CDE section fund to the company. The provision was calculated considering the cost for raising such funds in the market, from 19.17% (CDI + 5.54%); and (iii) Provision of PCLD of R$ 4.6 million. |
|
|
|
|
|
PMSO |
2016 |
2015 |
Variation (%) |
Analysis |
Personnel |
-45,669 |
-42,431 |
7.6 |
The variation mainly derived from: impact of the collective bargaining agreement that set forth the average wage adjustment of 8.17%. |
Material |
-1,196 |
-977 |
22.4 |
The variation mainly derived from: the purchase of materials for maintenance and recovery of equipment at service of the company’s electric power distribution complex. |
Services |
-53,890 |
-52,763 |
2.1 |
The variation mainly derived from: the adjustment to the service contract of meter reading and delivery of electric power bills to consumers, as well as the down payment relating to the consumer unit inspection contract. |
Other |
-55,602 |
-84,172 |
-33.9 |
The variation mainly derived from: the accounting reclassification of expenses in keeping with the aspects defined under the Electricity Sector Accounting Guide, given that, in 2015, the reversals of specific consumption and cutoff factor, amounting to R$ 49 million, were classified under the account “other expenses" and, as of 2016, started being booked under the account “cost of power purchased" for resale, which impacted the comparison between periods. |
Donations and contributions |
0 |
0 |
0 | |
Other Operating Expenses |
-55,602 |
-84,172 |
-33.9 | |
TOTAL PMSO |
-156,357 |
-180,343 |
-13.3 |
|
| ||||
48
Marketletter 4Q16
Financial Income
The net financial income changed from an expense of R$ 68.4 million over the year of 2015 to an expense of R$ 138.6 million, mainly owing to the factors below:
Financial Income |
2016 |
2015 |
Variation (%) |
Analysis |
Revenue from Financial Investments |
542 |
1,088 |
-50.2 |
The variation mainly derived from the decrease of funds available for investment, to meet the needs of flow of operating cash. |
Debt Charges |
-37,030 |
-33,779 |
9.6 |
The variation mainly derived from: ne agreement on contracted loans. |
Addition for Late Payment of Power Sold |
15,149 |
16,241 |
-6.7 |
The variation mainly derived from: the payment of debt by consumers. |
Net Adjustment for Inflation |
-98,630 |
-44,001 |
124.2 |
The variation mainly derived from: (i) the levy of interest and penalties for late payment of taxes, such as PIS/Cofins (Social Integration Program/Contribution for the Financing of Social Security) e ICMS (Tax on the Circulation of Goods and Services); (ii) adjustment by SELIC of the new agreement executed with Petrobras, in 2014; partially compensated by (iii) revenue arising from the adjustment by SELIC of the new agreement executed with the CDE/CCC Section Fund, based on the MME/MF (Ministry of Mines and Energy/Ministry of Finance) Inter-Ministry Ordinance no. 652/2014, which support the payment of debt subject to new agreement with Petrobras. |
Adjustment of CVA Regulatory Assets/Liabilities |
0 |
0 |
0.0 |
Without variation. |
Other Financial Revenue/Expenses |
-18,694 |
-7,920 |
136.0 |
The variation mainly derived from: (i) acknowledgment of debt with SEFAZ/AC, connected to the ancillary liabilities connected to the year of 2011 amounting to R$ 40.6 million; interests and penalties on the power bills of power suppliers, service suppliers and providers. |
Income Tax and Social Contribution
There was no provision of IR (Tax Income) and CSLL (Social Contribution on Net Profit), given that the company did not have a taxable profit.
49
Marketletter 4Q16
Ceal
The Company posted, in the year of 2016, a result 27.30% lower than that presented in 2015, from a loss of R$ 252.6 million in 2015 to a loss of R$ 321.5 million in 2016, mainly owing to the factors described hereunder.
Operating Revenue
The Net Operating Revenue posted a reduction, from R$ 1,363.0 million in 2015 to R$ 1,211.8 million in 2016, owing to the factors below:
R$ (thousands)
Gross Revenue |
2016 |
2015 |
Variation (%) |
Analysis |
Distribution |
|
|
|
|
Supply |
1,834,435 |
2,049,654 |
-10.5 |
The variation mainly derived from: (i) economic downturn, especially in the productive sector, along with the increase of loss at 1.5%; (iii) decrease of income from tariff flags, which were red only from the months of January to February 2016, in 2015, it lasted the entire year. By means of the Approval Resolution 2136, dated September 20, 2016, the National Agency of Electric Power – ANEEL approved the Tariff Adjustment of 6.72%, 13.42% being connected to the economic components and -6.70% connected to the financial components, which has led to an average impact, which may be felt by consumers, accounting for -1.29%, as of September 28, 2016 and September 27, 2017. |
Revenue from CVA |
-153,245 |
-92,310 |
66.0 |
The variation mainly derived from: the establishment of CVA liabilities (CVA for amortization), since the power costs were smaller than the sum charged to the consumers’ power tariff; adjustment of the calculation method of the overcontract of power, effects of the sector default on the date of adjustment of 2015 and 2016. The expenditure of CVA of 2016 is established under the expenditure of booking 87.6 million and R$ 65.8 million connected to the installment of amortization. |
Revenue from Construction |
121,967 |
100,652 |
21.2 |
The variation mainly derived from the new purchases in the period, without impact owing to equivalence under the account of construction expense. |
Other Operating Revenue |
108,978 |
126,066 |
-13.6 |
The change was mainly due to the reduction of the monetary restatement of the new replacement value by the IPCA, since the IPCA of 2016 was lower than in 2015. |
Deductions from Operating Revenue |
-700,369 |
-819,601 |
-14.5 |
The variation was mainly due to the reduction of the other charges, referring to the receipt of the tariff flag, due to higher tariff flag in 2015. |
ROL |
1,211,766 |
1,364,461 |
-11.2 |
The variation resulted from the factors explained above. |
Operating Costs and Expenses
The operating expenses and costs posted a decrease in the year of 2016, from R$ 1.512 million in 2015 to R$ 1.414 million in 2016, mainly owing to the factors below:
Operating Costs |
2016 |
2015 |
Variation (%) |
Analysis |
Power Purchased for Resale |
-839,907 |
-894,482 |
-6.1 |
The variation mainly derived from the improvements in the water conditions of SIN in the country, thus reducing the charges connected to the operations, as well as the installment of variable revenue from contracts by availability. |
Fuel |
0 |
0 |
- |
Not applicable |
(-) Recovery of CCC Expenses |
0 |
0 | ||
Charges on the Use of the Electric Network |
-74,340 |
-89,704 |
-17 |
The variation mainly derived from the decrease of costs from the purchase of power in the short run. |
Expenses from Construction |
-121,967 |
-100,652 |
21 |
There is no impact on the income owing to the revenue from construction of the same amount. |
Depreciation and Amortization |
-37,086 |
-33,887 |
9 |
The variation is not relevant and mainly derived from additions of assets over the period. |
|
|
|
| |
Operating Provisions |
2016 |
2015 |
Variation (%) |
Analysis |
|
-2,686 |
-49,952 |
-94.6 |
The variation mainly derived from: (i) the reversal of provision for the payment in installments of the debt of client CASAL - Companhia de Água e Saneamento de Alagoas and (ii) for the calculation of the impairment of the intangible, amounting to R$ 32 million, taking into consideration the temporary term for provision of services until December 31, 2017. |
PMSO |
2016 |
2015 |
Variation (%) |
Analysis |
Personnel |
-158,466 |
-154,118 |
2.8 |
The variation mainly derived from: (i) the impact of the collective bargaining agreement that established an average wage adjustment of 5%; (ii) the hiring of employees owing to the insourcing of services, according to the conduct adjustment declaration executed with the Public Prosecutor’s Office. |
Material |
-1,707 |
-1,879 |
-9.2 |
The variation mainly derived from the decrease in the expenses with the maintenance and conservation of the operating system of the Company. |
Services |
-99,492 |
-89,860 |
10.7 |
The variation mainly derived from: involuntary increase in the number of consumers under the account of reading and delivery of accounts; new business registration agreement and measures against default of payment. |
Other |
-78,748 |
-97,973 |
-19.6 |
The variation mainly derived from the reversal of losses (PCLD) as a result of the agreement on installments with client CASAL - Companhia de Água e Saneamento de Alagoas. |
Donations and contributions |
-196 |
-173 |
0 | |
Other Operating Expenses |
-78,552 |
-97,800 |
-20 | |
TOTAL PMSO |
-338,413 |
-343,830 |
-1.6 |
|
50
Marketletter 4Q16
Financial Income
The net financial income changed from an expense of R$ 104.5 million over the year of 2015 to an expense of R$ 118.9 million, mainly owing to the factors below:
Financial Income |
2016 |
2015 |
Variation (%) |
Analysis |
Revenue from Financial Investments |
4,543 |
3,196 |
42.1 |
The variation mainly derived from the increase of funds available for investment. |
Debt Charges |
-184,373 |
-147,219 |
25.2 |
The variation mainly derived from new agreement with the holding on contracted loans. |
Addition for Late Payment of power sold |
41,339 |
28,700 |
44.0 |
The variation mainly derived from the payment in installments of the debt with CASAL. |
Net Exchange Variations |
524 |
-625 |
-183.8 |
The variation mainly derived from the variation of exchange rate over the period levied on the financing contracted with the World Bank, by means of transfer from Eletrobras |
Net Adjustment for Inflation |
33,582 |
2,621 |
1181.3 |
The variation mainly derived from the payment in installments agreed with CASAL. |
Adjustment of Assets/Liabilities CVA Regulatory |
8,271 |
31,977 |
-74.1 |
The variation mainly derived from the negative financial items approved in the tariff adjustment of September, owing to the calculation methodology adjustment, impacts of the section default and postponement of the date of adjustment of 2015 and 2016. |
Other Financial Revenue/Expenses |
-22,792- 23,189 |
-1.7 |
The variation mainly derived from the decrease of late payment charges in the year of 2015, being higher than that owed to the default of federal taxes and suppliers of material and services. |
Income Tax and Social Contribution
There was no provision of IR (Tax Income) and CSLL (Social Contribution on Net Profit), given that the company did not have a taxable profit.
51
Marketletter 4Q16
Cepisa
Analysis of the Income
The Company posted, in the year of 2016, a result 9.9% lower than that ascertained in 2015, from a loss of R$ 563 million in 2015 to a loss of R$ 507 million in 2016, mainly owing to the factors described hereunder.
Operating Revenue
The Net Operating Revenue posted an increase of 4.2%, from R$ 1.295 million in 2015 to R$ 1.350 million in 2016, owing to the factors below:
Gross Revenue |
2016 |
2015 |
Variation (%) |
Analysis |
Distribution |
|
|
|
|
Supply |
1,071,731 |
1,751,156 |
-38.8 |
The variation mainly derived from, a: (i) reclassification of the Revenue from distribution - TUSD under other revenue (R$ 640 million), according to the Guide of Accounting of the Electric Sector; (ii) decrease of additional invoicing of Tariff Flags, owing to the improvement of the reservoirs; and (iii) contraction of the economy, especially the productive sector and decrease in the revenue from tariff flags. By means of the Approval Resolution 2.135, dated September 20, 2016, the National Agency of Electric Power – ANEEL approved the Tariff Adjustment of 7.06%, 13.28% being connected to the economic components and -6.22% connected to the financial components, which has led to an average impact, which may be felt by consumers, accounting for 0.44%, as of September 28, 2016 and September 27, 2017.
|
Revenue from Construction |
151,776 |
171,661 |
-11.6 |
Without impact on the income, owing to the expenses from construction of equal amount. |
Revenue from CVA |
67,188 |
42,795 |
56.9 |
The variation mainly derived from: adjustments arising out of the Aneel Resolution 2135/16m and the revenue was connected to the reserve of R$ 115 million and the amortization of 47.7 million. |
Other Financial |
809,355 |
155,101 |
421 |
The variation mainly derived from the reclassification of Distribution Revenue - TUSD under other revenue. |
Deductions from Operating Revenue |
750,004 |
825,325 |
-9.12 |
The variation mainly derived from the lower levy of sector charges, including the non-application of tariff flags. |
ROL |
1,350,046 |
1,295,388 |
4.2 |
The variation resulted from the factors explained above |
Operating Costs and Expenses
The operating expenses and costs posted, in the year of 2016, a decrease of 4.6%, from R$ 1713,7 million in 2015 to R$ 1633,9 million in 2016, mainly owing to the factors below:
PMSO |
2016 |
2015 |
Variation (%) |
Analysis |
Personnel |
-223,162 |
-181,593 |
22.9 |
The variation mainly derived from: (i) the need for insourcing the services provided by third party, upon conduct adjustment declaration executed with the Public Prosecutor’s Office; and (ii) wage adjustment of about 8% from the Collective Bargaining Agreement of 2015/2016.
|
Material |
-7,792 |
-5,979 |
30.3 |
The variation mainly derived from the increase with fuel for transport, safety, hygiene and occupational health care and purchase of tools and equipment of services impacted by the new engagements of employees coming from insourcing. |
Services |
-114,115 |
-105,998 |
7.6 |
The variation mainly derived from the increase in the inspection contracts and inspection against fraud and rates of bank collection of power bills. |
Other |
197,869 |
187,724 |
5.4 |
There is no relevant variation. |
Donations and contributions |
0 |
0 |
0 | |
Other Operating Expenses |
197,869 |
187,724 |
5.4 | |
TOTAL PMSO |
|
|
|
|
52
Marketletter 4Q16
Operating Costs |
2016 |
2015 |
Variation (%) |
Analysis |
Power Purchased for Resale |
-878,431 |
-871,382 |
0.8 |
The variation mainly derived from the increase of the quotas of physical guarantee and settlement of the Mechanism of Compensation of Surplus and Deficit (MCSD). |
Fuel |
0 |
0 |
0 |
Not applicable |
Charges on the Use of the Electric Network |
-90,823 |
-69,903 |
29.9 |
The variation mainly derived from the increase of charge of the system service and charge of backup power by energy need of the sector. |
Expenses from Construction |
-151,776 |
-171,661 |
-11.6 |
There is no impact on the income owing to the revenue from construction of the same amount. |
Expenses from Compensation and Reimbursement (Use of water resources) |
0 |
0 |
0 |
Not applicable |
Depreciation and Amortization |
-39,024 |
-35,036 |
11.4 |
The variation mainly derived from: additions of assets over the period. |
Operating Provisions |
2016 |
2015 |
Variation (%) |
Analysis |
|
-69,013 |
-84,455 |
-181.7 |
The variation mainly derived from the partial reversal of the impairment (reversal of R$ 80.4 million in 2016 and provision of R$ 50.8 million in 2015) and reduction of the provisions of civil and labor laws. |
Financial Income
The net financial income changed from an expense of R$ 144.6 million over the year of 2015 to an expense of R$ 223 million, mainly owing to the factors below:
53
Marketletter 4Q16
Financial Income |
2016 |
2015 |
Variation (%) |
Analysis |
Revenue from Financial Investments |
15 |
1,010 |
-98.5 |
The variation mainly derived from the reduced volume of cash. |
Debt Charges |
191,749 |
156,045 |
22.8 |
The variation mainly derived from the increase of the debt balance of loans with Eletrobras by incorporating interest from newly-agreed contracts. |
Addition for Late Payment of Power Sold |
75,253 |
59,201 |
27.1 |
The variation mainly derived from the adjustment of claims with consumers, as a result of the account installment payment campaign. |
Net Exchange Variations |
0 |
0 |
0 |
Not applicable |
Net Adjustment for Inflation |
-75,918 |
-49,457 |
53.5 |
The variation mainly derived from the new agreement on the debt service with Eletrobras. |
Adjustment of Regulatory Assets/Liabilities |
-5,264 |
15,566 |
-133.8 |
The variation mainly derived from: (i) adjustment of the estimates of assessed amounts of CVA. |
Other Financial Revenue/Expenses |
-25,165 |
-14,919 |
68.7 |
The variation mainly derived from the reduction of financial discounts and interests upon delay paying the suppliers of electric power and materials and services. |
Income Tax and Social Contribution
There was no provision of IR (Tax Income) and CSLL (Social Contribution on Net Profit), given that the company did not have a taxable profit.
54
Marketletter 4Q16
Ceron
Analysis of the Income
The Company posted, in the year of 2016, a result 51.0% lower than that ascertained in 2015, from a loss of R$ 560.8 million in 2015 to a loss of R$ 835 million in 2016, mainly owing to the factors described hereunder.
Operating Revenue (R$ million)
The Net Operating Revenue posted an increase of 50.8%, from R$ 984.6 million in 2015 to R$ 1.485 million in 2016, owing to the factors below:
Gross Revenue |
2016 |
2015 |
Variation (%) |
Analysis |
Supply |
1,705,520 |
1,698,677 |
0.4 |
The variation mainly derived from: Economic downturn, especially in the productive sector and decrease of income from tariff flags. On November 24, 2015, following the Approving Resolution 1987, ANEEL approved the Company’s power tariffs, which, on average, were adjusted in 13.41% (thirteen do forty one percent), to be applied to the consumption of the period from November 30, 2015 to November 29, 2016, therefore, the effects of this adjustment were allocated in the revenue of 11 months of the year 2016. As of November 2016, the new tariffs were approved by ANEEL upon Approving Resolution no. 2181, estimating an adjustment of -12.59%, -9.46% being connected to the business components and -3.14% connected to the financial components. With such repositioning, the average effect on the revenue resulted in a decrease about - 6.32%. Such effects impacted the month of December 2016 ad shall impact the 11 remaining months in 2017. |
Revenue from Construction |
199,227 |
134,733 |
47.9 |
The variation mainly derived from: (i) increase with expenditure with fuels for transport of trucks for commercial service and operation; (ii) increase in the price of fuels; and (iii) material for maintenance of the distribution network, but without effect to the result owing to the recording of expense with the same amount. |
Revenue from CVA |
162,254 |
-151,180 |
-207.3 |
The variation mainly derived from: amortization of the total of CVA of 2015/2016 cycle and the recording of the new numbers approved in the event of tariff adjustment, according to the Approving Resolution 2181/16 of Aneel. |
Deductions from Operating Revenue |
-720,200 |
-779,118 |
-7.6 |
The variation mainly derived from a smaller transfer owing to the flags, given that, in the year of 2016, there was no red flag, which is the highest amount charged by the consumers, except for the months of January and February, whereas, in 2015, the red flag was activated since April. |
ROL |
1,484,833 |
984,628 |
50.8 |
The variation resulted from the factors explained above. |
|
|
|
|
|
Operating Costs and Expenses (R$ million)
The operating expenses and costs posted, in the year of 2016, an increase of 70.4%, from R$ 1,191.0 million in 2015 to R$ 2,030.0 million in 2016, mainly owing to the factors below:
PMSO |
2016 |
2015 |
Variation |
Analysis |
Personnel |
-134,336 |
-125,16 |
7.3 |
The variation mainly derived from: (I) wage adjustment connected to the collective bargaining agreement in 2016 of around 9%, partially compensated by (ii) the decrease in the number of employees, from 732, in 2015, to 703 in 2016; (iii) and transfer of 27 employees to the Federal Government. |
Material |
-6,196 |
-4,744 |
30.6 |
The variation mainly derived from: (i) increase with expenditure from fuels for transport of trucks for commercial service and operation; (ii) increase in the price of fuels; and (iii) material for maintenance of distribution network. |
Services |
-132,033 |
-123,51 |
6.9 |
The variation mainly derived from: (i) the increase of expenses with the registration, reading and delivery of bills, maintenance of deenergized network and inspection and overseeing. |
Other |
-138,654 |
-35,609 |
289.4 |
The variation mainly derived from: (i) commercial regulatory penalties imposed by Aneel owing to the noncompliance with the collective indicators of continuance of the provision of service and quality of the electric power, which, in 2015, were booked as financial expenses, and, in 2016, were reclassified as other expenses, according to the Accounting Guide of the Electricity Sector; (ii) increase in the number of civil and labor actions for damages, including ancillary expenses, such as: rates and emoluments. In 2016, the total paid was R$ 31.172 million and, in 2015, R$ 18.270 million.
|
Donations and contributions |
-311 |
-268 |
16.0 | |
Other Operating Expenses |
-138,343 |
-35,341 |
291.5 | |
TOTAL PMSO |
-410.908 |
-288.8 |
42.3 |
The variation resulted from the factors explained above. |
|
|
| ||
Operating Provisions |
2016 |
2015 |
Variation (%) |
Analysis |
|
-415,739 |
7,334 |
-5,768.7 |
The variation mainly derived from: (i) provision of impairment amounting to R$ 226.570 million, calculated considering the expiration of the term of provision of distribution services on December 31, 2017; (ii) the operating provision, amounting to about R$ 196.273 million on the receivables which were suspended, amounting to about R$ 1.024 million, under the scope of the process of budget of CDE in 2017, connected to the new agreements on claims owed by the CDE section fund to the company. The provision was calculated considering the cost for raising these funds, of 19.17% (CDI + 5.54%); (iii) increase of liability provisions, especially civil proceedings, which stand as legal claims connected to action for damages by incorporation of substations to the network; and (iv) increase of the provision of PCLD (R$ 7,849). |
|
|
|
| |
Operating Costs |
2016 |
2015 |
Variation |
Analysis |
Energy Purchased for Resale |
-989,185 |
-721,433 |
The variation mainly derived from: (i) increase of expenses with backup power, whose contracting mechanism was created to increase the safety in the supply of electric power of the Brazilian Interconnected System - SIN, coming from plants especially contracted for such purpose, as provided for in paragraph 1 of Article 1 of Decree 6.353/2008, being established that its costs are split between the consumption agents (distribution companies, free consumers and traders). The cost was higher in 2016, owing to the need for recovering the levels of the reservoirs of the hydropower plants through the generation of power for sources other than that connected to the force of water; (ii) variation in the income of Termonorte’s assessment, as a result of the significant variation of ACRmed, from R$ 192.61/MWh in 2015 to R$ 295.10/MWh in 2016, as established by Aneel, since this amount is established by ANEEL with annual effectiveness and being used as a factor limiting the costs to be transferred to the consumer’s tariff, whichever is higher than this is covered by subsidy of CCC/CDE, or charge of system service. | |
Fuel |
0 |
0 |
0 |
Not applicable |
Charges on the Use of the Electric Network |
-17,613 |
16,949 |
0,9 |
There is no relevant variation |
Expenses from Construction |
-199,227 |
-134,73 |
48 |
It does not have an impact on the equivalent amount under the construction revenue account |
Depreciation and Amortization |
-36,557 |
-36,166 |
1 |
There is no relevant variation in the period |
55
Marketletter 4Q16
Financial Income
The net financial income changed from an expense of R$ 365.4 million over the year of 2015 to an expense of R$ 250.6 million, mainly owing to the factors below:
Financial Income |
2016 |
2015 |
Variation (%) |
Analysis |
Revenue from Financial Investments |
7,624 |
4,003 |
90.5 |
The variation mainly derived from: higher applications and higher market rate, connected to the funds received from reimbursement of CCC. |
Debt Charges |
-111,687 |
-95,655 |
16.8 |
The variation mainly derived from: charges from financings which were incorporated into the principal by debt renegotiation. |
Addition for Late Payment |
42,778 |
40,292 |
6.2 |
The variation mainly derived from the increase of payments of consumer late payers. |
Net Adjustment for Inflation |
-104,869 |
-50,694 |
106.9 |
The variation mainly derived from: (i) the adjustment by SELIC of the new agreement executed with Petrobras, in 2014; partially compensated by (iii) revenue arising from the adjustment by SELIC of the new agreement executed with the CDE/CCC Section Fund, based on the MME/MF (Ministry of Mines and Energy/Ministry of Finance) Inter-Ministry Ordinance no. 652/2014, which support the payment of debt subject to new agreement with Petrobras and power debt with Eletronorte connected to the purchase of power from Termonorte, previously classified as other financial revenue/expenses. |
Adjustment of CVA Regulatory Assets/Liabilities |
-557 |
1,492 |
-137.3 |
The variation mainly derived from: the amortization of CDE and the updating for reserve of CVA power; overcontract; and other financial components. |
Other Financial Revenue/Expenses |
-83,850 |
-264,858 |
-68.3 |
The variation mainly derived from: (i) new booking of amounts classified, in 2015, under “other financial revenue and expenses” onto the adjustment for inflation account. Such amounts are connected to: Expenses with Termonorte suppliers (R$ 279.1 million, in 2016) e Petrobras (R$ 284.9 million, in 2016) and Revenue with the CDE/CCC fund, arising out of the new agreements executed in 2014 (R$ 486.9 million); (ii) reduction of PIS/COFINS, calculated on the financial revenue that, in 2015, ended with R$ 9.5 million and, in 2016, with R$ 48.8 million; and (iii) reclassification of the DIC/FIC penalty previously recorded as “other expenses” and currently as operating expenses, as established by the accounting guide of the electricity sector, with the sum, in 2015, of R$ 13.0 million, and, in 2016, of R$ 16,3 million. |
Income Tax and Social Contribution
There was no provision of IR (Tax Income) and CSLL (Social Contribution on Net Profit), given that the company did not have a taxable profit.
56
Marketletter 4Q16
Boa Vista Energia
Analysis of the Income
The Company posted, in the year of 2016, a result 0.05% higher than that ascertained in 2015, from a loss of R$ 270.1 million in 2015 to a loss of R$ 270.0 million in 2016, mainly owing to the factors described hereunder.
Operating Revenue (R$ Million)
The Net Operating Revenue posted an increase of 17.9%, from R$ 258.4 million in 2015 to R$ 304.7 million in 2016, owing to the factors below:
Gross Revenue |
2016 |
2015 |
Variation (%) |
Analysis |
Generation |
||||
Supply |
50,622 |
39,617 |
27.8 |
The variation mainly derives from the investment of average tariff adjustment of 42%, which should have happened in November 2015, but was halted by a legal award until the middle of August 2016, when the measure that impeded the adjustment was definitively suspended. The collection was made in a backward manner with the application of adjustment connected to the Supply of the concession division, which was supplied by company CERR. |
Distribution |
|
|
|
|
Supply |
320,099 |
267,517 |
19.7 |
The variation mainly derived from: (i) the investment of the average tariff adjustment of 42%, which should have happened in November 2015, but was suspended by a legal measure until the middle of August 2016, when the measure that impeded the adjustment was definitively suspended, in addition to an increase of 5.6% of consumer units. |
Revenue from Construction |
16,827 |
15,221 |
10.6 |
Without impact on the income, owing to the expenses from construction of equal amount. |
Revenue from CVA |
-8,671 |
942 |
-1,020.5 |
The variation mainly derived from the establishment of CVA liabilities (CVA for amortization), since the power costs were smaller than the sum charged to the consumers’ power tariff. The revenue from the establishment was negative at R$ 10.53, while the installment of amortization was R$ 1.86 million in 2016. |
Other Operating Revenue |
10,757 |
7,719 |
39.4 |
The variation mainly derived from: increase of services, such as assessment of measurer, removal of significant size, change of line, change of type of connection, change of voltage level, inspection for self-connection, regular connection of cutoff, emergency connection of cutoff, as well as increase of tariff subsidized of water, sewer and rural systems. |
Deductions from Operating Revenue |
-84,969 |
-72,642 |
17.0 |
The variation happened in line with the variation of revenue. |
ROL |
304,665 |
258,374 |
17.9 |
The variation resulted from the factors explained above. |
Operating Costs and Expenses
The operating expenses and costs posted an increase in the year of 2016, from R$ 457.5 million in 2015 to R$ 485 million in 2016, mainly owing to the factors below:
Operating Costs |
2016 |
2015 |
Variation (%) |
Analysis |
Power Purchased for Resale |
-190,305 |
-150,213 |
26.7 |
The variation mainly derived from: (i) increase of load of power purchased from Venezuela, from 90MW to 130MW as of November 2015, which equals to 88% of the amount of power purchased for resale; (ii) the accounting reclassification of expenses in keeping with the aspects defined under the Electricity Sector Accounting Guide, given that, in 2015, the reversals of specific consumption and cutoff factor, amounting to R$ 49 million, were classified under the account “other expenses" and, as of 2016, started being booked under the account “cost of power purchased" for resale, which impacted the comparison between periods. |
Fuel (-) Recovery of CCC Expenses |
-276,141 |
-248,828 |
253 |
The variation mainly derives from: (i) smaller reimbursement of CCC, as a result of the increase of 53.2% of average ACR, which changed from R$ 192.61 in 2015 to R$ 295.10 in 2016, decreasing the amounts that are reimbursed as cost of the standalone system, since ACRmed, as established by Aneel, is used as a factor limiting the costs to be transferred onto the consumer’s tariff, and the sums above this are covered by subsidy of CCC/CDE, or charge of system service; (ii) operational start-up of the Thermal Power Plants of Monte Cristo and Novo Paraiso only midway 2015, given that they were operational throughout 2016. |
146,781 |
212,138 | |||
Charges on the Use of the Electric Network |
0 |
0 |
0 |
Not applicable. |
Expenses from Construction |
-16,827 |
-15,221 |
11 |
There is no impact on the income owing to the revenue from construction of the same amount. |
Depreciation and Amortization |
-10,910 |
-10,560 |
3 |
The variation is not relevant and mainly derived from additions of assets over the period. |
|
|
|
| |
Operating Provisions |
2016 |
2015 |
Variation (%) |
Analysis |
|
-37,170 |
-153,455 |
-75.8 |
The variation mainly derived from: (i) Partial Reversal of Impairment (R$ 57.8 million), recording in 2015 the highest amount (R$ 77.4 million), keeping an impairment balance of R$ 19.6 million, partially compensated by (ii) the provision, amounting to about R$ 9.9 million on the receivables which were suspended, amounting to about R$ 52 million, under the scope of the process of budget of CDE in 2017, connected to the new agreements on claims owed by the CDE section fund to the company. The provision was calculated considering the cost for raising such funds in the market, from 19.17% (CDI + 5.54%); |
PMSO |
2016 |
2015 |
Variation (%) |
Analysis |
Personnel |
-80,241 |
-72,738 |
10.3 |
The variation mainly derived from: (i) the hiring of 67 new employees in 2016, for insourcing services, according to conduct adjustment declaration with the Public Prosecutor’s Office from insourcing services; and (ii) impact of collective bargaining agreement, which established an average wage adjustment of 9%. |
Material |
-1,374 |
-1,690 |
-18.7 |
The variation mainly derived from the expense contingency booking. |
Services |
-16,787 |
-14,703 |
14.2 |
The variation mainly derived from the need to execute new contracts for registration of consumers and processing of data. |
Other |
-1,722 |
-2,245 |
-23.3 |
The variation mainly derived from: (i) the accounting reclassification of expenses in keeping with the aspects defined under the Electricity Sector Accounting Guide, given that, in 2015, the reversals of specific consumption and cutoff factor, were classified under the account “other expenses" and, as of 2016, started being booked under the account “cost of power purchased" for resale, which impacted the comparison between periods. |
Donations and contributions |
0 |
0 |
0 | |
Other Operating Expenses |
-1,722 |
-2,245 |
-23 | |
TOTAL PMSO |
-100,124 |
-91,376 |
9.6 |
|
57
Marketletter 4Q16
Financial Income
The net financial income changed from an expense of R$ 71,0 million over the year of 2015 to an expense of R$ 90 million, mainly owing to the factors below:
Financial Income |
2016 |
2015 |
Variation (%) |
Analysis |
Revenue from Financial Investments |
554 |
-120 |
-561.7 |
The variation mainly derived from the decrease of funds available for investment. |
Debt Charges |
-9,040 |
-7,460 |
21.2 |
The variation mainly derived from new agreement with the holding on contracted loans. |
Addition for Late Payment of power purchased |
-75,610 |
-50,073 |
51.0 |
The variation mainly derived from the increase of the indebtedness with Eletronorte for unpaid power debt. |
Net Adjustment for Inflation |
-29,977 |
-5,354 |
459.9 |
The variation mainly derived from: (i) levy of interest and penalties for late payment of supplier Eletronorte (R$ 11.9 million); and (ii) adjustment of debts with Petrobras (R$ 18 million). Such amounts were booked, in 2015, to the account Other financial expenses. |
Adjustment of Assets/Liabilities CVA Regulatory |
-85 |
45 |
-288.9 |
The variation mainly derived from: the amortization of CDE and the updating of CVA power. |
Other Financial Revenue/Expenses |
24,202 |
-8,011 |
-402.1 |
The variation mainly derived from: the reclassification of accounts, given that some expenses were reclassified as adjustment for inflation. |
Income Tax and Social Contribution
There was no provision of IR (Tax Income) and CSLL (Social Contribution on Net Profit), given that the company did not have a taxable profit.
58
Marketletter 4Q16
V. Market Data of Eletrobras Companies
V.1 Installed Capacity – MW
Empresas Company |
Integral Responsability (a) |
Integral Responsability under O&M Regime (b) |
SPE (c) |
SPE under O&M Regime (d) |
Physical Aggregation 2016 |
Total (a+b+c+d) |
Eletrobras Holding (1) |
- |
- |
311 |
- |
298 |
311 |
Eletronorte |
9,301 |
78 |
519 |
- |
417 |
9,897 |
Chesf |
2,214 |
8,399 |
1,481 |
- |
577 |
12.094 |
Furnas |
4,212 |
4,617 |
2,428 |
403 |
522 |
11,661 |
Eletronuclear |
1,990 |
- |
- |
- |
- |
1,990 |
Eletrosul |
476 |
- |
1,592 |
- |
488 |
2,068 |
CGTEE |
733 |
- |
- |
- |
63 |
733 |
Itaipu Binacional |
7,000 |
- |
- |
- |
- |
7,000 |
Amazonas GT |
695 |
- |
- |
- |
-868 |
695 |
Distribution Companies |
407 |
- |
- |
- |
-33 |
407 |
Total |
27,028 |
13,094 |
6,331 |
403 |
1,465 |
46,856 |
(1) The Artilleros Wind farm was not considered, because it is an enterprise located abroad.
V.2 Transmission Lines – Km
Company |
Integral Responsability (a) |
Integral Responsability under O&M Regime (b) |
SPE (c) |
Physical Aggregation 2016 |
Total (a+b+c) |
Eletronorte |
1,797 |
10,011 |
2,072 |
284 |
13,849 |
Chesf |
1,346 |
18,967 |
1,653 |
580 |
21,966 |
Furnas |
1,464 |
18,623 |
1,817 |
630 |
21,904 |
Eletrosul |
1,565 |
9,426 |
1,088 |
272 |
12,079 |
Amazonas G&T (1) |
403 |
- |
- |
- |
403 |
Total |
6,545 |
57,027 |
6,629 |
1,766 |
70,201 |
(1) Although 439 km of transmission lines were reported in 2015, there was no breakdown as the values were adjusted by the Amazonas GT |
59
Marketletter 4Q16
VI. Generation Data – Assept under Integral Responsability
VI.1 Installed Capacity - MW
VI.1.2 Generation Assepts and Generated Energy
VI.1.2.1 Generation Assepts and Generated Energy – Enterprises under Integral Responsability
Eletrobras Companies |
Enterprise |
Location (State) |
Beginning of Operation |
End of Operation |
Installed Capacity (MW) |
Energy Assured (MW Average) |
Generated Energy (MWh) |
|
RCE |
FCE(11) | |||||
1Q16 |
2Q16 |
3Q16 |
4Q16 |
MW Average |
Avg Price (R$/MWh) |
Contracts and Termination of Contracts in the RCE |
MW Average | ||||||||
Eletronorte |
Tucuruí Complex |
PA |
Nov/84 |
Jul/24 |
8,535.00 |
4,140.00 |
8,805,785 |
7,855,727 |
3,704,128 |
|
590,31 |
176.65 |
PRODUCT AUCTION 2014 - 2016 |
3,134.67 | |
5,386,582 |
206,45 |
311,27 |
PRODUCT AUCTION 2014 - 2019 | ||||||||||||
|
208,57 |
214,46 |
MCSD | ||||||||||||
HPU Samuel |
RO |
Jul/89 |
Sep/29 |
216.75 |
92.70 |
91,832 |
177,221 |
115,021 |
118,311 |
- |
- |
- |
92.70 | ||
HPU Curuá-Una (8) |
PA |
Apr/77 |
Jul/28 |
30.30 |
24.00 |
30,946 |
59,328 |
42,984 |
30,304 |
- |
- |
- |
24.00 | ||
TPU Rio Madeira (1) |
RO |
Apr/68 |
Sep/18 |
119.35 |
- |
- |
- |
- |
- |
- |
- |
- |
- | ||
TPU Santana (4) |
AP |
Mar/93 |
May/19 |
177.74 |
22.30 |
4,439 |
- |
- |
- |
- |
- |
- |
- | ||
TPU Rio Branco I (2) |
AC |
Feb/98 |
Jul/20 |
18.65 |
- |
- |
- |
- |
- |
- |
- |
- |
- | ||
TPU Rio Branco II (2) |
AC |
Apr/81 |
Jul/20 |
32.75 |
- |
- |
- |
- |
- |
- |
- |
- |
- | ||
TPU Rio Acre |
AC |
Dec/94 |
Apr/25 |
45.49 |
- |
- |
- |
- |
- |
- |
- |
- |
- | ||
TPU – Santarém (5) (7) |
PA |
Jun/14 |
(9) |
18.75 |
- |
751 |
130 |
- |
14 |
- |
- |
- |
- | ||
TPU Senador Arnon Afonso Farias de Mello (3) |
RR |
1st unit (mach. 2) Dec/90; |
Aug/24 |
85.99 |
- |
- |
- |
- |
- |
- |
- |
- |
- | ||
|
TPU Araguaia (6) (7) |
MT |
Apr/16 |
(10) |
20.00 |
- |
- |
- |
- |
- |
- |
- |
- |
- | |
Chesf |
Curemas |
PB |
Jun/57 |
Nov/24 |
3.52 |
1.00 |
0 |
- |
- |
3 |
- |
- |
- |
- | |
Camaçari (11) |
BA |
Feb/79 |
Aug/27 |
346.80 |
45.80 |
11,924 |
- |
- |
|
- |
- |
- |
- | ||
Furnas |
Mascarenhas de Moraes |
MG |
Apr/73 |
Oct/23 |
476.00 |
295.00 |
139,809 |
320,224 |
563,150 |
647,930 |
161,59 |
218,60 |
4thLEE2005 - Dec/2016 |
123,70 | |
Itumbiara |
GO |
Feb/80 |
Feb/20 |
2,082.00 |
1,015.00 |
586,926 |
1,249,001 |
1,379,572 |
1,410,147 |
555,98 |
257.79 |
4thLEE2005 - Dec/2016 |
424.15 | ||
Simplício (14) |
RJ |
Jun/13 |
Aug/41 |
305.70 |
175.40 |
277,837 |
170,049 |
45,906 |
324,819 |
185.00 |
257,79 |
1stLEN2005 - Dec/2039 |
2.53 | ||
Batalha |
MG |
May/14 |
Aug/41 |
52.50 |
48.80 |
23,342 |
34,123 |
26,237 |
23,534 |
47.00 |
207,60 |
1stLEN2005 - Dec/2039 |
0.46 | ||
Serra da Mesa (48.46%) (12) |
GO |
Apr/98 |
Nov/39 |
1,275.00 |
671.00 |
722,993 |
831,069 |
1,104,893 |
592,680
|
367,55 |
211,48 |
4thLEE2005 - Dec/2016 |
279,65 | ||
Manso (70%) (12) |
MT |
Oct/00 |
Feb/35 |
212.00 |
92.00 |
217,604 |
142,129 |
132,299 |
132,532
|
90.00 |
257,79 |
1stLEN2005 - Dec/2037 |
- 1.78 | ||
Santa Cruz (13) |
RJ |
Mar/67 |
Jul/15 |
500.00 |
401.20 |
704,804 |
453,909 |
515,306 |
411,966 |
351.00 |
197,37 |
5thLEN2012 - Dec/2026 |
3.71 | ||
Roberto Silveira (Campos) |
RJ |
Apr/77 |
Jul/27 |
30.00 |
21.00 |
16,341 |
130 |
- |
77.87 |
- |
109.66 |
- |
1.43 | ||
Eletronuclear |
Angra I |
RJ |
Jan/85 |
Dec/24 |
640.00 |
509.80 |
1,406,945 |
1,205,129 |
1,053,466 |
1,427,335 |
- |
- |
- |
- | |
Angra II |
RJ |
Sep/00 |
Aug/40 |
1,350.00 |
1,204.70 |
2,960,080 |
2,968,984 |
3,026,674 |
1,815,676 |
- |
- |
- |
- | ||
Eletrosul |
HPU Governador Jayme Canet Junior (GJC) |
PR |
Nov/12 |
Jul/42 |
177.94 |
96.87 |
380,794 |
301,610 |
380,961 |
284,808
|
94.08 |
195.04 |
Dec/40 |
0.68 | |
HPU Passo São João |
RS |
Mar/12 |
Aug/41 |
77.00 |
41.10 |
125,326 |
106,212 |
64,658 |
100,318 |
37.00 |
199.88 |
Dec/39 |
2.85 | ||
HPU São Domingos |
MS |
Jun/13 |
Dec/37 |
48.00 |
36.40 |
93,120 |
57,809 |
51,392 |
51,014
|
36.00 |
209.62 |
Dec/41 |
0.32 | ||
SHU Barra do Rio Chapéu |
SC |
Feb/13 |
May/34 |
15.15 |
8.61 |
24,285 |
18,692 |
11,195 |
12,857 |
- |
- |
NA |
8.50 | ||
SHU João Borges |
SC |
Jul/13 |
Dec/35 |
19.00 |
10.14 |
24,808 |
18,618 |
18,761 |
15,577 |
- |
- |
NA |
9.94 | ||
WPP Cerro Chato I |
RS |
Jan/12 |
Aug/45 |
30.00 |
11.33 |
19,829 |
23,344 |
27,069 |
23,311 |
10.84 |
183,72 |
Jun/32 |
0.21 | ||
WPP Cerro Chato II |
RS |
Aug/11 |
Aug/45 |
30.00 |
11.33 |
20,164 |
24,032 |
27,873 |
23,752 |
10.98 |
195,38 |
Jun/32 |
0,06 | ||
WPP Cerro Chato III |
RS |
Jun/11 |
Aug/45 |
30.00 |
11.33 |
20,132 |
23,784 |
27,604 |
23,804 |
10.96 |
194,77 |
Jun/32 |
0.09 | ||
WPP Coxilha Seca |
RS |
Dec/15 |
May/49 |
30.00 |
13.20 |
22,393 |
28,065 |
32,633 |
28,109 |
8.30 |
151.51 |
Dec/35 |
4.57 | ||
WPP Capão do Inglês |
RS |
Dec/15 |
May/49 |
10.00 |
4.50 |
7,280 |
9,401 |
10,604 |
8,347 |
2.80 |
149,37 |
Dec/35 |
1,59 | ||
WPP Galpões |
RS |
Dec/15 |
May/49 |
8.00 |
3.50 |
5,823 |
7,862 |
9,091 |
7,490 |
2.10 |
150,45 |
Dec/35 |
1.31 | ||
Megawatt Solar |
SC |
Sep/14 |
- |
0.93 |
NA |
38 |
88 |
272 |
364 |
- |
- |
NA |
0.01 | ||
CGTEE |
P. Médici (Candiota) |
RS |
Jan/74 |
Jul/15 |
383.00 |
39.86 |
183,365 |
247,772 |
156,361 |
220,811
|
31.75 |
165.29 |
38 CCEAR´s - Dec/2016 |
- | |
Candiota III – Fase C |
RS |
Jan/11 |
Jul/41 |
350.00 |
221.06 |
470,856 |
336,289 |
408,120 |
257,131 |
292.00 |
223.81 |
35 CCEAR´s - Dec/2023 |
- | ||
S. Jerônimo (São Jerônimo) |
RS |
Apr/53 |
Jul/15 |
- |
- |
- |
- |
- |
|
- |
- |
- |
- | ||
Nutepa (Porto Alegre) |
RS |
Feb/68 |
Jul/15 |
- |
- |
- |
- |
- |
|
- |
- |
- |
- | ||
Itaipu Binacional |
Itaipu Binacional |
Brazil (Paraná) and Paraguai (Alto Paraná) |
Mar/85 |
- |
14,000.00 |
8,577.00 |
25,631,062 |
26,006,172 |
25,778,981 |
25,682,151
|
- |
- |
- |
- | |
Amazonas GT |
HPU Balbina |
Amazonas |
Jan/89 |
Mar/27 |
249.75 |
132.30 |
115,560 |
106,665 |
113,150 |
131,381
|
130.32 |
301.92 |
Mar/27 |
- | |
TPU Aparecida |
Amazonas |
Feb/84 |
Jul/20 |
166.00 |
186.00 |
269,990 |
236,703 |
2,117 |
0 |
145.30 |
116.56 |
Jul/20 |
- | ||
TPU Mauá |
Amazonas |
Apr/73 |
Jul/20 |
124.00 |
179.80 |
234,992 |
164,768 |
226,591 |
214,970 |
98.61 |
108.59 |
Jul/20 |
- | ||
TPU São José |
Amazonas |
Feb/08 |
Aug/16 |
50.00 |
50.00 |
50,127 |
43,214 |
36,936 |
0 |
- |
- |
- |
- | ||
TPU Flores |
Amazonas |
Feb/08 |
Aug/16 |
80.00 |
80.00 |
31,513 |
68,431 |
113,715 |
0 |
- |
- |
- |
- | ||
TPU Iranduba |
Amazonas |
Nov/10 |
Aug/16 |
25 |
25 |
38,515 |
54,414 |
45,250 |
0 |
- |
- |
- |
- | ||
(1) Order No. 223 of 01.28.2014 ANEEL declares as unserviceable assepts of TPU Rio Madeira.
(2) Order No. 136 of 01.21.2014 ANEEL, recommends the MME extinction of the public service commitment of TPUs Rio Branco I and Rio Branco II.
(3) Ceded in lending for Boa Vista Energy from February 10, 2010. Order No. 318 ANEEL dated 02.11.2014 - extends the transfer period to "until the date of the effective interconnection of the Boa Vista Isolated System National Interleague – SIN”.
(4) MME Ordinance No. 185 of 12/27/2012, defines the Physical Guarantee of UTE Santana: Block I with 13.4 MW and Block II with 8.9 MW.
(5) The MME Ordinance No. 88, of 02/27/2014, the Santarém UTE has an emergency and temporary character. Order Nº 338 ANEEL of 02.10.2015 - Changes the installed capacity of the Santarém UTE, 10.00 MW to 18.75 MW.
(6) Authorization Resolution No. 5,682 ANEEL dated 03/08/2016 - Authorizes Eletronorte to implement and operate the UTE Araguaia, under the PIEE regime, in the city of Querência, (MT). The granting of authorization shall remain in force until the term stipulated in paragraph 1 of art. 1 of Ordinance MME No. 333, of July 21, 2015.
(7) The The Araguaia TPP and the Santarém TPP are not Eletronorte's own assepts. Both plants are temporary contracts for the leasing of equipment and services of O & M, in order to comply with Portaria of the Ministry of Mines and Energy: UTE Santarém Ordinance MME 088/2014 and UTE Araguaia Ordinance MME 333/2015.
(8) The installed capacity of Curuá Una HPP is 30.3 MW, two 10 MW generating units and one 10.3 MW generating unit. There is the project to expand generation capacity with the installation of a fourth generating unit in the plant, but currently the plant's installed capacity is 30.3MW.
(9) Ordinance MME no. 088 of 02.27.2014, the Santarém UTE has an emergency and temporary character. Despacho 338 ANEEL of 02.10.2015 - Changes the installed capacity of the Santarém UTE, 10.00 MW to 18.75 MW.
(10) Authorization Resolution No. 5,682 ANEEL of 08/03/2016 - Authorizes Eletronorte to implement and operate the UTE Araguaia, under the PIEE regime, in the city of Querência, (MT). The granting of authorization shall remain in force until the term stipulated in paragraph 1 of art. 1 of Ordinance MME No. 333, of July 21, 2015.
(11) The reported capacity corresponds to 5 machines totaling 346,803 MW. The plant is bi-fuel (oil and natural gas). It was requested the cancellation of the concession of the thermal plant Camaçari, whose process is in the MME for deliberation. Due to Aneel DSP's dispatch No. 4,792, dated December 15, 2014, as well as, ANEEL Order No. 247, dated February 3, 2015, the plant is only operating with generating unit No. 3 with 69.12 MW of power . The installed capacity will be adjusted upon cancellation by Aneel.
(12) Shared UHEs, however FURNAS add the fraction of the partner through contracts of purchase of energy - considered GF and total generation of each HPU.
(13) The power of 500 MW excludes UGs 3 and 4, whose commercial operation is temporarily suspended by Aneel, according to Order No. 3,263, dated October 19, 2012. It includes, however, the power of 150 MW not yet available due to To the delay in the expansion works of the plant, at the end of which the UGs 11 and 21 will operate in combined cycle with the UGs 1 and 2. The physical guarantee (assured energy) of 401.2 MW is related to the installed capacity of 500 MW.
(14) 175.40 MW Medium corresponds to Simplício's physical guarantee only. The Simplício-Anta complex will have 191,30 MW of physical guarantee when Anta is in commercial operation.
60
Marketletter 4Q16
VI.1.2.1.1 Eletrobras Companies Average price of Sale and Purchase of Energy
| |
4Q16 |
Average Price Eletrobras Companies (R$) |
ACR |
205.55 |
ACL |
130.48 |
Energy Buyer |
184.8 |
* Does not consider energy from concessions renewed by law 12,783 / 2013
61
Marketletter 4Q16
VI.1.2.2 Generation Assets and Generated Energy – Enterprises under Integral Responsibility – O&M |
||||||||||||||||
Eletrobras Companies |
Enterprise |
Location |
Beginning of Operation |
End of Operation |
Installed Capacity |
Energy Assured |
Generated Energy (MWh) |
Quotas – O&M Regime: Law 12,783/2013 |
FCE - Law 13,182/2015 | |||||||
(State) |
(MW) |
(MW Average) |
1Q16 |
2Q16 |
3Q16 |
4Q16 |
MW Average |
GAG (R$ Million) |
RAG (R$ Milhões) |
Amount of new investments recognized by Aneel in GAG in the last adjustment (R$ Million) (1) |
MW Average |
Avg Price (R$/MWh | ||||
Eletronorte |
HPU Coaracy Nunes |
AP |
out/75 |
dez/42 |
78.00 |
62.60 |
137,835 |
154,362 |
148,852 |
59,057 |
62.60 |
12.07 |
- |
- |
n/a |
n/a |
Chesf |
Funil |
BA |
mar/62 |
dez/42 |
30.00 |
10.91 |
2,604 |
- |
6,649 |
12,629 |
10.66 |
4.11 |
6.14 |
0.13 |
0.24 |
130.21 |
Pedra |
BA |
abr/78 |
dez/42 |
20.01 |
3.74 |
13,367 |
3,481 |
5,062 |
8,058 |
3.66 |
2.18 |
3.85 |
0.18 |
0.08 |
130.21 | |
Araras |
CE |
fev/67 |
jul/15 |
4.00 |
0.03 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- | |
Complexo de Paulo Afonso |
BA |
jan/55 |
dez/42 |
4,279.60 |
2,225.00 |
1,844,586 |
1,749,018 |
1,774,861 |
1,737,709 |
2,175.85 |
169.06 |
540.59 |
41.25 |
49.16 |
130.21 | |
Sobradinho |
BA |
abr/79 |
fev/52 |
1,050.30 |
531.00 |
370,501 |
389,764 |
369,375 |
338,813 |
- |
- |
- |
- |
477.90 |
130.21 | |
Luiz Gonzaga (Itaparica) |
PE |
fev/88 |
dez/42 |
1,479.60 |
959.00 |
813,768 |
770,197 |
782,200 |
768,032 |
937.82 |
83.38 |
209.24 |
4.65 |
21.19 |
130.21 | |
Boa Esperança (Castelo Branco) |
PI |
jan/70 |
dez/42 |
237.30 |
143.00 |
271,241 |
218,826 |
208,756 |
207,585 |
139.84 |
20.91 |
50.42 |
11.60 |
3.16 |
130.21 | |
Xingó |
SE |
abr/94 |
dez/42 |
3,162.00 |
2,139.00 |
2,129,035 |
1,999,318 |
2,025,444 |
1,998,587 |
2,091.75 |
148.68 |
398.75 |
3.57 |
47.26 |
130.21 | |
Furnas |
Furnas |
MG |
mar/63 |
dez/42 |
1,216.00 |
598.00 |
209,318 |
480,995 |
1,088,282 |
1,309,027 |
598.00 |
270.53 |
622.38 |
62.86 |
- |
- |
Luis Carlos Barreto (Estreito) |
SP/MG |
jan/69 |
dez/42 |
1,050.00 |
495.00 |
317,249 |
522,227 |
899,368 |
998,176 |
495.00 |
65.20 |
193.50 |
61.60 |
- |
- | |
Porto Colômbia |
MG/SP |
mar/73 |
dez/42 |
320.00 |
185.00 |
363,708 |
305,882 |
391,672 |
458,029 |
185.00 |
57.54 |
125.79 |
0.36 |
- |
- | |
Marimbondo |
SP/MG |
abr/75 |
dez/42 |
1,440.00 |
726.00 |
1,856,134 |
1,336,138 |
1,488,089 |
1,517,769 |
726.00 |
25.68 |
42.15 |
0.16 |
- |
- | |
Funil |
RJ |
abr/69 |
dez/42 |
216.00 |
121.00 |
257,836 |
137,781 |
135,478 |
146,894 |
121.00 |
74.57 |
178.26 |
0.28 |
- |
- | |
Corumbá I |
GO |
abr/97 |
dez/42 |
375.00 |
209.00 |
389,752 |
336,984 |
241,265 |
232,780 |
209.00 |
18.99 |
26.46 |
0.23 |
- |
- | |
Eletronuclear |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Eletrosul |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
CGTEE |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Itaipu Binacional |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Amazonas GT |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
(1) Date of last readjustment of quotas and ACL: July 2016
62
Marketletter 4Q16
VI.1.3.Energy Sold
VI.1.3.1 Energy Sold by enterprises not renewed by 12,783/13 Law |
|||||||||
Company |
Buyer |
1Q16 |
2Q16 |
3Q16 |
4Q16 | ||||
R$ Million |
MWh |
R$ Million |
MWh |
R$ Million |
MWh |
R$ Million |
MWh | ||
Eletronorte |
Eletrobras System |
143.04 |
717,012 |
142.43 |
711,087 |
150.59 |
617,998 |
151.48 |
609,428 |
Others |
792.07 |
5,264,222 |
754.88 |
5,067,328 |
863.81 |
5,970,413 |
910.72 |
6,081,379 | |
Chesf |
Eletrobras System |
- |
- |
- |
- |
- |
- |
- |
- |
Others |
224.80 |
1,828,519 |
225.10 |
1,615,944 |
252.68 |
1,643,537 |
248.55 |
1,644,969 | |
Furnas |
Eletrobras System |
85.34 |
378,756 |
90.21 |
397,128 |
102.55 |
448,425 |
107.16 |
444,452 |
Others |
799.45 |
3,729,292 |
736.44 |
3,463,329 |
782.46 |
4,152,318 |
913.28 |
4,540,652 | |
Eletronuclear |
Eletrobras System |
32.20 |
154,453 |
32.20 |
154,524 |
32.20 |
156,222 |
32.20 |
156,293 |
Others |
683.32 |
3,277,694 |
683.32 |
3,279,195 |
683.32 |
3,315,230 |
683.32 |
3,316,729 | |
Eletrosul |
Eletrobras System |
- |
- |
- |
- |
- |
- |
- |
- |
Others |
99.68 |
530,609 |
97.41 |
507,642 |
101.41 |
505,976 |
107.30 |
526,005 | |
CGTEE |
Eletrobras System |
139.12 |
712,679 |
128.23 |
702,715 |
158.93 |
707,722 |
163.53 |
712,114 |
Others |
- |
- |
- |
- |
- |
- |
- |
- | |
Itaipu Binacional |
Eletrobras System |
846.72 |
22,388,370 |
882.25 |
23,310,105 |
876.18 |
23,051,091 |
838.77 |
22,358,026 |
Others |
102.78 |
3,060,479 |
76.04 |
2,508,398 |
78 |
2,541,870 |
111 |
3,116,646 | |
Amazonas GT |
Eletrobras System |
114.74 |
733,047 |
153.61 |
871,902 |
143.33 |
838,733 |
156 |
843,519 |
Others |
- |
- |
- |
- |
- |
- |
- |
- | |
VI.1.3.2 Energy Sold by enterprises renewed by 12,783/13 Law – O&M |
|||||||||
Company |
Buyer |
1Q16 |
2Q16 |
3Q16 |
4Q16 | ||||
R$ Million |
MWh |
R$ Million |
MWh |
R$ Million |
MWh |
R$ Million |
MWh | ||
Eletronorte |
Sistema Eletrobras |
0.26 |
10,187 |
0.28 |
11,443 |
0.33 |
11,659 |
0.31 |
4,648 |
Octros |
3.20 |
126,937 |
3.54 |
142,237 |
4.06 |
135,950 |
3.56 |
51,437 | |
Chesf |
Sistema Eletrobras |
26.60 |
919,624 |
26.60 |
919,203 |
30.41 |
929,304 |
30.51 |
928,884 |
Octros |
293.60 |
10,791,102 |
293.30 |
10,786,163 |
335.73 |
10,904,692 |
336.90 |
10,899,754 | |
Furnas |
Sistema Eletrobras |
15.66 |
402,650 |
15.98 |
402,466 |
16.90 |
404,694 |
17.16 |
404,510 |
Octros |
183.74 |
4,724,802 |
187.48 |
4,722,639 |
198.30 |
4,748,778 |
201.34 |
4,746,628 | |
Eletronuclear |
Sistema Eletrobras |
- |
- |
- |
- |
- |
- |
- |
- |
Octros |
- |
- |
- |
- |
- |
- |
- |
- | |
Eletrosul |
Sistema Eletrobras |
- |
- |
- |
- |
- |
- |
- |
- |
Octros |
- |
- |
- |
- |
- |
- |
- |
- | |
CGTEE |
Sistema Eletrobras |
- |
- |
- |
- |
- |
- |
- |
- |
Octros |
- |
- |
- |
- |
- |
- |
- |
- | |
Itaipu Binacional |
Sistema Eletrobras |
- |
- |
- |
- |
- |
- |
- |
- |
Octros |
- |
- |
- |
- |
- |
- |
- |
- | |
Amazonas GT |
Sistema Eletrobras |
- |
- |
- |
- |
- |
- |
- |
- |
Octros |
- |
- |
- |
- |
- |
- |
- |
- |
63
Marketletter 4Q16
VI.1.3.3 CCEE Septtlement (Spot and MRE) |
||||||||
Company |
Net | |||||||
R$ Million |
MWh |
R$ Million |
MWh |
R$ Million |
MWh |
R$ Million |
MWh | |
1Q16 |
1Q16 |
2Q16 |
2Q16 |
3Q16 |
3Q16 |
4Q16 |
4Q16 | |
Eletronorte |
95.01 |
2,550,023.85 |
36.53 |
1,828,490.56 |
-83.49 |
-2,940,367.00 |
-26.06 |
-1,543,161.09 |
Chesf |
-22.42 |
-64,103.47 |
13.52 |
-3,752.72 |
7.75 |
-110,575.59 |
13.50 |
-56,034.67 |
Furnas |
-175.46 |
- |
60.63 |
- |
108.23 |
- |
44.54 |
- |
Eletronuclear |
- |
- |
- |
- |
- |
- |
- |
- |
Eletrosul |
-0.69 |
54,627.89 |
-4.03 |
-14,695.63 |
3.12 |
65,007.00 |
-0.10 |
33,422.70 |
CGTEE |
9.64 |
357,751.39 |
137.04 |
417,788.77 |
1.84 |
337,315.94 |
65.36 |
397,834.65 |
Itaipu Binacional |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
Amazonas GT |
52.49 |
40,446.49 |
138.92 |
-12,071.05 |
107.18 |
-109,398.55 |
-45.26 |
-252,029.31 |
64
Marketletter 4Q16
VI.1.4 Energy purchased for Resale
Company |
Buyer |
1Q16 |
2Q16 |
3Q16 |
4Q16 | |||
R$ Million |
MWh |
R$ Million |
MWh |
R$ Million |
MWh |
R$ Million MWh | ||
Eletronorte |
Eletrobras System |
- |
- |
- |
- |
- |
- |
- - |
Others |
44.82 |
275,600 |
38.92 |
258,546 |
51.78 |
453,418 |
46.94 452,307 | |
Chesf |
Eletrobras System |
- |
- |
- |
- |
- |
- |
- - |
Others |
70.48 |
444,857 |
80.68 |
467,262 |
73.88 |
411,432 |
72,84 403,186 | |
Furnas |
Eletrobras System |
- |
- |
- |
- |
- |
- |
- |
Others |
136.46 |
832,254 |
151.72 |
831,877 |
153.38 |
840,935 |
160,97 921,178 | |
Eletronuclear |
Eletrobras System |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a n/a |
Others |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a n/a | |
Eletrosul |
Eletrobras System |
75.32 |
356,820 |
66.29 |
356,656 |
65.36 |
360,576 |
76,62 441,034 |
Others |
- |
- |
- |
- |
- |
- |
- - | |
CGTEE |
Eletrobras System |
51.48 |
294,975 |
47.25 |
294,840 |
56.62 |
298,080 |
56,60 297.945 |
Others |
- |
- |
- |
- |
- |
- |
- - | |
Itaipu Binacional |
Eletrobras System |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a n/a |
Others |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a n/a | |
Amazonas GT |
Eletrobras System |
- |
- |
- |
- |
- |
- |
|
Others |
- |
- |
- |
- |
- |
- |
|
VI.1.5 Average Rate R$/MWh |
||||
VI.1.5.1 Enterprises not renewed by 12,783/13 Law |
||||
Eletrobras Companies |
1Q16 |
2Q16 |
3Q16 |
4Q16 |
Eletronorte |
156.34 |
154.18 |
153.97 |
156.20 |
Chesf |
123.49 |
139.33 |
153.74 |
161.27 |
Furnas |
215.38 |
214.13 |
192.36 |
204.70 |
Eletronuclear |
208.48 |
208.38 |
206.11 |
206.02 |
Eletrosul |
187.85 |
191.89 |
200.43 |
203.98 |
CGTEE |
194.75 |
182.47 |
224.56 |
229.64 |
Itaipu Binacional (1) |
22.60 |
22.60 |
22.60 |
22.60 |
Amazonas GT |
169.25 |
169.25 |
169.25 |
186.44 |
(1) Amounts in U$/Kw. |
|
|
|
|
VI.1.5.2 Enterprises renewed by 12,783/13 Law – O&M |
||||
Eletrobras Companies |
1Q16 |
2Q16 |
3Q16 |
4Q16 |
Eletronorte |
25.17 |
24.89 |
29.74 |
66.36 |
Chesf |
28.00 |
27.33 |
30.94 |
31.06 |
Furnas |
38.89 |
39.70 |
41.76 |
42.42 |
Eletronuclear |
n/a |
n/a |
n/a |
n/a |
Eletrosul |
n/a |
n/a |
n/a |
n/a |
CGTEE |
n/a |
n/a |
n/a |
n/a |
Itaipu |
n/a |
n/a |
n/a |
n/a |
Amazonas GT |
n/a |
n/a |
n/a |
n/a |
65
Marketletter 4Q16
VI.1.6 Fuel used by Electric Energy Production |
||||||||||
Eletrobras Companies |
Type |
Unit |
1Q16 |
2Q16 |
3Q16 |
4Q16 | ||||
Amount |
R$ Million |
Amount |
R$ Million |
Amount |
R$ Million |
Amount |
R$ Million | |||
Eletronorte |
Special Diesel Oil |
Litre |
1,107,000 |
3.51 |
- |
- |
- |
- |
- |
- |
Chesf |
Diesel Oil |
Litre |
- |
- |
- |
- |
- |
- |
- |
- |
Gas |
m3 |
4,141,057 |
7.80 |
- |
- |
- |
- |
- |
- | |
Furnas |
Special Diesel Oil |
Litre |
- |
- |
- |
- |
- |
- |
- |
- |
Fuel Oil B1 |
Ton |
- |
- |
- |
- |
- |
- |
- |
- | |
Diesel Oil |
Litro |
- |
- |
- |
- |
- |
- |
- |
- | |
Gas |
m3 |
354,282,168 |
141.62 |
164,373,673 |
103.52 |
143,503,070 |
106.61 |
110,025,373 |
99.02 | |
Eletronuclear |
Uranium |
kg |
103,561 |
96.90 |
102,727 |
96.12 |
93,937 |
82.76 |
77,229 |
96.12 |
Eletrosul |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
CGTEE |
Coal |
Ton |
746,831 |
34.46 |
663,970 |
30.62 |
628,218 |
28.98 |
523,892 |
26.69 |
Coal |
kg |
3,185,880 |
5.63 |
5,436,160 |
9.24 |
8,430,980 |
13.90 |
5,979,390 |
9.81 | |
Diesel Oil |
Litre |
16,600 |
0.04 |
- |
- |
18,400 |
0.05 |
2,500 |
0.06 | |
Quicklime |
kg |
33,717,680 |
18.25 |
21,657,030 |
11.72 |
28,101,420 |
15.67 |
15,048,920 |
10.85 | |
Itaipu Binacional |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
n/a |
Amazonas GT |
Diesel Oil |
Litre |
35,905,308 |
129.40 |
3,368,524 |
- 5.50 |
3,133,052 |
8.25 |
1,866,109 |
4.92 |
66
Marketletter 4Q16
VII. Transmission – Assepts under Integral Responsibility
VII.1 – Transmission Lines Extension
VII.1.1 Transmission Lines Extension – Enterprises not renewed by 12,783/13 Law – O&M - Km
Eletrobras Companies |
765 KV |
600 KV |
525 KV |
500 KV |
440 KV |
345 KV |
230 KV |
138 KV |
<138 KV |
Total |
Eletronorte |
- |
- |
- |
- |
- |
- |
1,797 |
- |
- |
1,797 |
Chesf |
- |
- |
- |
- |
- |
- |
1,346 |
- |
- |
1,346 |
Furnas |
- |
- |
- |
844 |
- |
161 |
66 |
393 |
- |
1,464 |
Eletrosul |
- |
- |
1,047 |
- |
- |
- |
455 |
50 |
12 |
1,565 |
Amazonas GT |
- |
- |
- |
- |
- |
- |
403 |
- |
- |
403 |
Total |
- |
- |
1,047 |
844 |
- |
161 |
4,037 |
443 |
12 |
6,545 |
VII.1.2 Transmission Lines Extension – Enterprises renewed by 12,783/13 Law - Km
Eletrobras Companies |
765 KV |
600 KV |
525 KV |
500 KV |
440 KV |
345 KV |
230 KV |
138 KV |
<138 KV |
Total |
Eletronorte |
- |
- |
- |
3,243 |
- |
- |
5,605 |
959 |
203 |
10,011 |
Chesf |
- |
- |
- |
5,372 |
- |
- |
12,822 |
463 |
311 |
18,967 |
Furnas |
2,698 |
1,612 |
- |
4,005 |
- |
6,145 |
1,863 |
2,135 |
165 |
18,623 |
Eletrosul |
- |
- |
2,722 |
- |
- |
- |
4,800 |
1,848 |
56 |
9,426 |
Amazonas GT |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
ED Amazonas |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Total |
2,698 |
1,612 |
2,722 |
12,620 |
- |
6,145 |
25,090 |
5,405 |
735 |
57,027 |
VII.2 Transmission Losses - %
Eletrobras Companies |
1Q16 |
2Q16 |
3Q16 |
4Q16 |
Eletronorte |
1.28% |
1.28% |
0.88% |
0.88% |
Chesf |
2.58% |
3.21% |
2.50% |
2.51% |
Furnas |
2.14% |
2.29% |
2.46% |
2.32% |
Eletrosul |
1.55% |
1.34% |
1.37% |
1.40% |
67
Marketletter 4Q16
VII.3 Transmission Lines
VII.3.1 Transmission Lines – Enterprises not affected by 12,783 Law
Eletrobras Companies |
From – To |
Extension (km) |
Tension (kV) |
Beginning of Operation |
End of Concession |
AAR on 31.12.16 (R$ millions)(1) |
Readjustment Index |
Eletronorte |
São Luiz II / São Luiz III |
35.94 |
230 |
may/10 |
mar/38 |
1.74 |
9.32% |
Ribeiro Gonçalves / Balsas |
95.00 |
230 |
dec/11 |
jan/39 |
2.40 |
9.32% | |
Porto Velho / Abunã - C2 |
188.00 |
230 |
feb/14 |
nov/39 |
12.59 |
9.32% | |
Abunã / Rio Branco - C2 |
298.00 |
230 |
jan/14 |
nov/39 |
19.53 |
9.32% | |
Lechuga / Jorge Teixeira – C1 |
29.54 |
230 |
feb/14 |
jul/40 |
2.40 |
-5.23% | |
Lechuga / Jorge Teixeira – C2 |
29.54 |
230 |
feb/14 |
jul/40 |
2.40 |
-5.23% | |
Lechuga / Jorge Teixeira – C3 |
29.54 |
230 |
mar/15 |
mai/42 |
2.24 |
9.32% | |
Porto Velho Collector / Porto Velho – C1 |
22.00 |
230 |
aug/15 |
fev/39 |
1.00 |
9.32% | |
Porto Velho Collector / Porto Velho – C2 |
22.00 |
230 |
aug/15 |
fev/39 |
1.00 |
9.32% | |
Utingta/Miramar – C1 |
15.70 |
230 |
aug/15 |
dez/42 |
0.64 |
9.40% | |
Utingta/Miramar – C2 |
15.70 |
230 |
aug/15 |
dez/42 |
1.18 |
9.40% | |
Samuel / Ariquemes - C3 |
154.44 |
230 |
dec/15 |
nov/39 |
9.72 |
9.32% | |
Ariquemes / Ji-Paraná - C3 |
165.00 |
230 |
mar/16 |
nov/39 |
10.34 |
9.32% | |
Ji-Paraná / Pimenta Bueno - C3 |
119.20 |
230 |
may/16 |
nov/39 |
7.73 |
9.32% | |
Pimenta Bueno / Vilhena - C3 |
161.00 |
230 |
dec/15 |
nov/39 |
10.75 |
9.32% | |
Samuel / Porto Velho - C3 |
42.40 |
230 |
oct/15 |
nov/39 |
3.36 |
9.32% | |
Jauru / Vilhena - C3 |
343.60 |
230 |
nov/15 |
nov/39 |
20.74 |
9.32% | |
Chesf |
Ibicoara-Brumado, C1 |
94.50 |
230 |
mar/12 |
jun/37 |
9.09 |
9.32% |
Milagres-Coremas, C2 |
119.80 |
230 |
jun/09 |
mar/35 |
7.64 |
9.32% | |
Milagres-Tauá, C1 |
208.10 |
230 |
dec/07 |
mar/35 |
17.68 |
9.32% | |
Paulo Afonso III- Zebu II, C1 |
5.40 |
230 |
aug/12 |
ago/39 |
19.77 |
9.32% | |
Paulo Afonso III- Zebu II, C2 |
5.40 |
230 |
aug/12 |
ago/39 | |||
Paraiso-Açu II, C2 |
132.80 |
230 |
sept/10 |
jun/37 |
11.39 |
9.32% | |
Picos-Tauá II, C1 |
183.20 |
230 |
feb/13 |
jun/37 | |||
Pirapama II-Suape II, C1 |
20.90 |
230 |
dec/12 |
jan/39 |
19.99 |
9.32% | |
Pirapama II-Suape II, C2 |
20.90 |
230 |
dec/12 |
jan/39 | |||
Suape III-Suape II, C1 |
3.60 |
230 |
dec/12 |
jan/39 | |||
Suape III-Suape II, C2 |
3.60 |
230 |
dec/12 |
jan/39 | |||
C. Mirim II-João Câmara II C1 |
74.50 |
230 |
feb/14 |
nov/40 |
9.77 |
9.32% | |
Extremoz II-C. Mirim II C1 |
31.40 |
230 |
feb/14 |
nov/40 | |||
Jardim/Penedo, C1 |
110.00 |
230 |
mar/14 |
mar/38 |
1.10 |
9.32% | |
B. Jesus da Lapa II – Igaporã II |
115.00 |
230 |
may/14 |
nov/40 |
5.91 |
9.32% | |
Acaraú II-Sobral III, C2 |
91.30 |
230 |
sept/15 |
nov/40 |
6.57 |
9.32% | |
Igaporã II-Igaporã III,C1 |
5.40 |
230 |
oct/15 |
jun/42 |
9.07 |
9.32% | |
Igaporã II-Igaporã III,C2 |
5.40 |
230 |
oct/15 |
jun/42 | |||
Igaporã III-Pindaí II,C1 |
49.50 |
230 |
oct/15 |
jun/42 | |||
Paraiso-Lauga Nova II, C1 |
65.40 |
230 |
dec/16 |
out/41 |
3.98 |
9.32% | |
Furnas |
Ibiúna - Bateias Circuito 1 |
332.00 |
500 |
mar/03 |
mai/31 |
281.82 |
IGPM |
Ibiúna - Bateias Circuito 2 |
332.00 |
500 |
mar/03 |
mai/31 | |||
LT Bom Despacho 3 – Ouro Preto 2 (3) (4) |
180.00 |
500 |
feb/16 |
jan/39 |
9.87 |
IPCA | |
Tijuco Preto - Itapeti 3 |
21.00 |
345 |
jan/13 |
abr/36 |
18.50 |
IPCA | |
Tijuco Preto - Itapeti 4 |
21.00 |
345 |
jan/13 |
abr/36 | |||
Itapeti - Nordeste |
29.00 |
345 |
dec/14 |
abr/36 | |||
Campos - Macaé 3 |
90.00 |
345 |
jun/10 |
mar/35 |
18.66 |
IGPM | |
Manso – Nobres (2) |
66.00 |
230 |
nov/00 |
fev/35 |
- |
- | |
Manso – Nobres (2) |
70.00 |
138 |
aug/99 |
fev/35 |
- |
- | |
Batalha – Paracatu (2) |
85.00 |
138 |
sept/13 |
ago/41 |
- |
- | |
Simplício - Rocha Leão 1 (2) |
119.00 |
138 |
jun/13 |
ago/41 |
- |
- | |
Simplício - Rocha Leão 2 (2) |
119.00 |
138 |
jun/13 |
ago/41 |
- |
- | |
Eletrosul |
Abdon Batista/Biguaçu |
234.80 |
525 |
sept/06 |
mar/35 |
48.37 |
IGPM |
Abdon Batista/Campos Novos |
35.00 |
525 |
sept/06 |
mar/35 |
8.46 |
IGPM | |
Biguaçu / Blumenau |
88.00 |
525 |
sept/06 |
mar/35 |
18.63 |
IGPM | |
Salto Santiaug/Ivaiporã |
168.50 |
525 |
oct/05 |
fev/34 |
35.46 |
IGPM | |
Ivaiporã/Cascavel Oeste |
203.40 |
525 |
oct/05 |
fev/34 |
38.79 |
IGPM | |
Campos Novos(SC)/Nova S. Rita(RS) |
257.43 |
525 |
may/09 |
abr/36 |
32.39 |
IPCA | |
Candiota - Melo |
60.00 |
525 |
jul/15 |
fev/40 |
(5) |
IPCA | |
Presidente Médici-Candiota |
2.80 |
230 |
jul/15 |
fev/40 |
(5) |
IPCA | |
Presidente Médice/Santa Cruz |
237.40 |
230 |
jan/10 |
mar/38 |
5.17 |
IPCA | |
Monte Claro /Garibaldi |
32.70 |
230 |
sept/13 |
out/40 |
2.08 |
IPCA | |
Monte Claro/Nova Prata 2 |
11.00 |
230 |
sept/04 |
dez/42 |
0.42 |
IPCA | |
Passo Fundo/Nova Prata 2 |
11.00 |
230 |
nov/92 |
dez/42 |
0.42 |
IPCA | |
Cascavel Oeste / Guaíra (melhorias) |
- |
230 |
mar/13 |
dez/42 |
0.06 |
IPCA | |
Biguaçu / Jorge Lacerda B (melhorias) |
- |
230 |
aug/14 |
dez/42 |
0.09 |
IPCA | |
Foz do Chapecó/Xanxerê1 |
77.60 |
230 |
oct/10 |
jun/41 |
(7) |
IPCA | |
Foz do Chapecó/Xanxerê2 |
77.60 |
230 |
oct/10 |
jun/41 |
(7) |
IPCA | |
Gaspar/Palhoça |
2.50 |
230 |
oct/16 |
dez/42 |
0.88 |
IPCA | |
Gaspar/Blumenau |
2.50 |
230 |
oct/16 |
dez/42 |
0.98 |
IPCA | |
Palhoça/Palhoça Pinheira |
9.50 |
138 |
feb/16 |
dez/42 |
0.15 |
IPCA | |
Palhoça Pinheira/Imbituba |
9.50 |
138 |
feb/16 |
dez/42 |
0.15 |
IPCA | |
Joinville Santa Catarina / Picarras |
1.00 |
138 |
oct/99 |
dez/42 |
0.23 |
IPCA | |
Joinville / Joinville Santa Catarina |
1.06 |
138 |
oct/99 |
dez/42 | |||
Araquari/Joinville GM |
0.10 |
138 |
may/12 |
dez/42 |
0.25 |
IPCA | |
Joinville/Joinville GM |
0.10 |
138 |
may/12 |
dez/42 |
0.10 |
IPCA | |
Ivinhema2/Nova Andradina |
9.77 |
138 |
jul/16 |
dez/42 |
1.47 |
IPCA | |
Nova Andradina - Porto Primavera |
12.23 |
138 |
jul/16 |
dez/42 |
0.27 |
IPCA | |
Ivinhema/Ivinhema 2 |
3.50 |
138 |
jan/16 |
jan/44 |
(6) |
IPCA | |
Ivinhema2/Nova Andradina |
3.50 |
138 |
jan/16 |
jan/44 |
(6) |
IPCA | |
Biguaçu / Tijucas (melhorias) |
- |
138 |
nov/12 |
dez/42 |
0.02 |
IPCA | |
Conversora de Uruguaiana / Passo de Los Libres - 132 kV |
12.50 |
132 |
sept/94 |
jul/21 |
0.35 |
IPCA | |
(1) Last readjustment on 07/01/2016 | |||||||
(2) These transmission assets are not part of the core network. They are connecting branches of the generation enterprises. The concession contracts are the same as those of the plants: a) Manso-Nobres: CT 010.2000; B) Battle-Paracatu: CT 002.2006; C) Simplício-Rocha León 1 and 2: CT 003.2006. | |||||||
(2) These transmission assets are not part of the core network. They are connecting branches of the generation enterprises. The concession contracts are the same as those of the plants: a) Manso-Nobres: CT 010.2000; B) Battle-Paracatu: CT 002.2006; C) Simplício-Rocha León 1 and 2: CT 003.2006. | |||||||
(3) On 02/20/2016, the 500 kV Bom Despacho 3 - Ouro Preto 2 LT and the respective 500 kV line input modules were energized in the Bom Despacho 3 and Ouro Preto 2 SE. The energization occurred as a function of Judicial decision in | |||||||
(4) LT Bom Despacho 3-Ouro Preto 2, in 500 kV (CC 003/2009): The total amount of the RAP cycle 2016/2017 is R $ 10,960,934.33, and Furnas is receiving the partial RAP in the amount of R $ 9,872,839.01 related to assets that entered into commercial operation. | |||||||
(6) Revenue considered at the Substation | |||||||
(7) Non-onerous transfer of assets of Foz do Chapecó Energia S.A. | |||||||
68
Marketletter 4Q16
VII.3.2 Transmission Lines – Enterprises affected by 12,783 Law
Eletrobras Companies |
From - To |
Extension (km) |
Tension (kV) |
Beginning of Operation |
End of Concession |
AAR on 12.31.16 (R$ Million) (1) |
Readjustment Index |
Eletronorte |
Boa Vista- Santa Elena |
190.20 |
230 |
jun/01 |
dez/42 |
(2) |
(2) |
Coaracy Nunes - Santana - C1 |
108.00 |
138 |
oct/75 |
dez/42 |
(2) |
(2) | |
Coaracy Nunes - Santana - C2 |
109.00 |
138 |
feb/05 |
dez/42 |
(2) |
(2) | |
Santana – Portuária |
4.00 |
138 |
apr/96 |
dez/42 |
(2) |
(2) | |
Coaracy Nunes - Tartarugalzinho |
87.00 |
138 |
jun/00 |
dez/42 |
(2) |
(2) | |
Santana - Macapá II |
20.00 |
69 |
nov/96 |
dez/42 |
(2) |
(2) | |
Santana – Equatorial |
13.00 |
69 |
aug/00 |
dez/42 |
(2) |
(2) | |
Tartarugalzinho – Calçoene |
130.00 |
69 |
dec/01 |
dez/42 |
(2) |
(2) | |
Tartarugalzinho – Amapá |
17.00 |
69 |
feb/02 |
dez/42 |
(2) |
(2) | |
Santana - Santa Rita |
12.60 |
69 |
dec/07 |
dez/42 |
(2) |
(2) | |
Equatorial - Santa Rita |
5.09 |
69 |
sept/08 |
dez/42 |
(2) |
(2) | |
Colinas – Miracema |
173.97 |
500 |
mar/99 |
dez/42 |
8.42 |
9.40% | |
Imperatriz – Colinas |
342.60 |
500 |
mar/99 |
dez/42 |
14.13 |
9.40% | |
Imperatriz – Marabá - C1 |
181.09 |
500 |
apr/81 |
dez/42 |
7.93 |
9.40% | |
Imperatriz – Marabá - C2 |
181.82 |
500 |
mar/88 |
dez/42 |
7.77 |
9.40% | |
Tucuruí – Marabá – C1 |
222.14 |
500 |
oct/81 |
dez/42 |
9.13 |
9.40% | |
Tucuruí – Marabá – C2 |
221.70 |
500 |
feb/88 |
dez/42 |
9.31 |
9.40% | |
Tucuruí - Vila do Conde |
327.10 |
500 |
dec/81 |
dez/42 |
12.01 |
9.40% | |
Tucuruí (Usina) - Tucuruí (Se) |
10.71 |
500 |
nov/84 a may/05 |
jul/24 |
(3) |
(3) | |
Pres. Dutra - Boa Esparança |
205.39 |
500 |
jan/00 |
dez/42 |
8.41 |
9.40% | |
Imperatriz - Pres. Dutra - C1 |
386.60 |
500 |
oct/82 |
dez/42 |
14.89 |
9.40% | |
Imperatriz - Pres. Dutra - C2 |
385.30 |
500 |
jan/00 |
dez/42 |
14.79 |
9.40% | |
Miranda II - S.Antonio dos Lopes |
142.60 |
500 |
nov/10 |
dez/42 |
1.96 |
9.40% | |
S.Antonio dos Lopes - Pres. Dutra |
52.90 |
500 |
nov/10 |
dez/42 |
5.51 |
9.40% | |
Miranda II - Pres. Dutra – C2 |
195.80 |
500 |
mar/86 |
dez/42 |
7.52 |
9.40% | |
São Luiz II - Miranda II – C1 |
106.80 |
500 |
jul/84 |
dez/42 |
4.31 |
9.40% | |
São Luiz II - Miranda II – C2 |
106.80 |
500 |
mar/86 |
dez/42 |
4.31 |
9.40% | |
Altamira – Rurópolis |
- |
230 |
oct/88 |
dez/42 |
5.56 |
9.40% | |
Altamira – Transamazônica |
184.62 |
230 |
oct/88 |
dez/42 |
0.73 |
9.40% | |
Transamazônica – Rurópolis |
145.40 |
230 |
oct/88 |
dez/42 |
0.73 |
9.40% | |
Guamá - Utinga - C1 |
19.40 |
230 |
dec/81 |
dez/42 |
0.60 |
9.40% | |
Guamá - Utinga - C2 |
19.40 |
230 |
dec/81 |
dez/42 |
0.60 |
9.40% | |
Tucuruí – Altamira |
317.60 |
230 |
jun/98 |
dez/42 |
5.66 |
9.40% | |
Utinga - Castanhal |
69.27 |
230 |
dec/94 |
dez/42 |
2.31 |
9.40% | |
Castanhal - Santa Maria |
25.04 |
230 |
dec/94 |
dez/42 |
1.33 |
9.40% | |
Vila do Conde - Guamá - C1 |
49.30 |
230 |
apr/81 |
dez/42 |
0.88 |
9.40% | |
Vila do Conde - Guamá - C2 |
49.30 |
230 |
dec/82 |
dez/42 |
0.84 |
9.40% | |
Marabá - Carajás |
145.00 |
230 |
oct/04 |
dez/42 |
2.13 |
9.40% | |
Carajás – Integradora - C1 |
83.00 |
230 |
aug/08 |
dez/42 |
(4) |
(4) | |
Carajás – Integradora - C2 |
85.35 |
230 |
aug/13 |
dez/42 |
0.72 |
9.40% | |
Carajás – Integradora - C3 |
85.35 |
230 |
aug/13 |
dez/42 |
0.64 |
9.40% | |
Imperatriz - Porto Franco |
110.10 |
230 |
oct/94 |
dez/42 |
1.80 |
9.40% | |
São Luiz II - Miranda II |
105.30 |
230 |
nov/02 |
dez/42 |
1.90 |
9.40% | |
São Luiz II - São Luiz I - C1 |
18.60 |
230 |
jan/83 |
dez/42 |
0.61 |
9.40% | |
São Luiz II - São Luiz I – C2 |
19.00 |
230 |
sept/88 |
dez/42 |
0.61 |
9.40% | |
Miranda II - Peritoró |
94.20 |
230 |
dec/02 |
dez/42 |
1.75 |
9.40% | |
Pres. Dutra - Peritoró |
115.00 |
230 |
mar/03 |
dez/42 |
1.75 |
9.40% | |
Peritoró - Coelho Neto |
223.00 |
230 |
jul/06 |
dez/42 |
3.31 |
9.40% | |
Coelho Neto - Teresina |
127.10 |
230 |
sept/06 |
dez/42 |
1.89 |
9.40% | |
São Luiz II - UTE São Luiz |
0.05 |
230 |
jan/82 |
dez/42 |
- |
- | |
Barra Peixe – Rondonópolis – C1 |
217.00 |
230 |
oct/97 |
dez/42 |
3.16 |
9.40% | |
Rondonópolis - Coxipó - C1 |
187.80 |
230 |
sept/88 |
dez/42 |
3.11 |
9.40% | |
Rondonópolis - Coxipó - C2 |
187.80 |
230 |
jul/84 |
dez/42 |
3.06 |
9.40% | |
Coxipó - Nobres |
112.41 |
230 |
sept/96 |
dez/42 |
2.47 |
9.40% | |
Nobres – Nova Mutum - C1 |
104.57 |
230 |
sept/96 |
dez/42 |
2.00 |
9.40% | |
Nova Mutum – Lucas do Rio Verde - C1 |
93.80 |
230 |
sept/96 |
dez/42 |
1.41 |
9.40% | |
Lucas do Rio Verde - Sorriso C-1 |
52.50 |
230 |
sept/96 |
dez/42 |
0.86 |
9.40% | |
Sinop - Sorriso C-1 |
74.78 |
230 |
sept/96 |
dez/42 |
0.90 |
9.40% | |
Barra Peixe – Rondonópolis – C2 |
216.79 |
230 |
mar/08 |
dez/42 |
3.51 |
9.40% | |
Rio Verde (C. Magalhães) – Rondonópolis |
177.83 |
230 |
jul/83 |
dez/42 |
0.50 |
9.40% | |
Jauru - Coxipó - C1 |
- |
230 |
jun/03 |
dez/42 |
SECTION |
- | |
Jauru - Várzea Grande - C1 |
336.89 |
230 |
jun/03 |
dez/42 |
4.38 |
9.40% | |
Várzea Grande - Coxipó - C1 |
28.80 |
230 |
jun/03 |
dez/42 |
0.46 |
9.40% | |
Jauru - Coxipó - C2 |
- |
230 |
jun/03 |
dez/42 |
SECTION |
- | |
Jauru - Várzea Grande - C2 |
336.89 |
230 |
jun/03 |
dez/42 |
4.61 |
9.40% | |
Várzea Grande - Coxipó - C2 |
28.80 |
230 |
jun/03 |
dez/42 |
0.40 |
9.40% | |
Abunã - Rio Branco –C1 |
302.00 |
230 |
nov/02 |
dez/42 |
4.64 |
9.40% | |
Ariquemes - Jarú |
83.82 |
230 |
sept/94 |
dez/42 |
1.76 |
9.40% | |
Jarú - Ji-Paraná |
80.69 |
230 |
sept/94 |
dez/42 |
1.80 |
9.40% | |
Samuel - Ariquemes |
151.60 |
230 |
aug/94 |
dez/42 |
2.35 |
9.40% | |
Samuel - Porto Velho – C1 |
40.55 |
230 |
jul/89 |
dez/42 |
0.75 |
9.40% | |
Samuel - Porto Velho – C2 |
40.55 |
230 |
jul/89 |
dez/42 |
0.75 |
9.40% | |
Samuel (Usina) - Samuel (SE) |
2.85 |
230 |
jul/89 |
set/29 |
(3) |
(3) | |
Porto Velho - Abunã |
188.00 |
230 |
may/02 |
dez/42 |
3.07 |
9.40% | |
Ji-Paraná - Pimenta Bueno |
117.80 |
230 |
jun/08 |
dez/42 |
2.08 |
9.40% | |
Pimenta Bueno – Vilhena |
160.20 |
230 |
oct/08 |
dez/42 |
2.71 |
9.40% | |
Tucuruí-Vila - Cametá |
214.21 |
138 |
aug/98 |
dez/42 |
2.00 |
9.40% | |
Curuá-Una - Tapajós-Celpa |
68.80 |
138 |
jan/06 |
jul/28 |
(3) |
(3) | |
Coxipó - São Tadeu |
44.17 |
138 |
jul/81 |
dez/42 |
1.74 |
9,40% | |
São Tadeu - Jaciara |
77.92 |
138 |
jul/81 |
dez/42 |
- |
||
Jaciara - Rondonopolis-Cemat |
70.00 |
138 |
jul/81 |
dez/42 |
- |
| |
Cocto Magalhães - Rondonopolis-Cemat |
176.00 |
138 |
apr/81 |
dez/42 | |||
Tucuruí - Tucuruí Vila - C2 |
2.30 |
69 |
jul/97 |
dez/42 | |||
Tucuruí - Tucuruí Vila - C1 |
- |
69 |
jan/00 |
jan/00 |
- |
||
Tucuruí (Usina) - Tucuruí (SE) |
1.40 |
69 |
jan/80 |
dez/42 |
(3) |
| |
Tucuruí (Usina) - Tucuruí (SE) |
1.40 |
69 |
dec/85 |
dez/42 |
(3) |
||
Chesf |
Angelim II-Pau Ferro, C1 |
219.40 |
500 |
aug/77 |
dez/42 |
(5) |
9.32% |
Recife II-Pau Ferro, C1 |
114.50 |
500 |
aug/77 |
dez/42 |
(5) |
9.32% | |
Angelim II-Recife II, C2 |
170.70 |
500 |
mar/80 |
dez/42 |
(5) |
9.32% | |
Jardim-Camaçari IV, C1 |
249.60 |
500 |
may/00 |
dez/42 |
(5) |
9.32% | |
Camaçari II-Camaçari IV, C1 |
0.30 |
500 |
nov/12 |
dez/42 |
(5) |
9.32% | |
Garanhuns II-Angelim II, C1 |
13.20 |
500 |
feb/77 |
dez/42 |
(5) |
9.32% | |
L. Gonzaga-Garanhuns II, C1 |
238.70 |
500 |
feb/77 |
dez/42 |
(5) |
9.32% | |
L. Gonzaga-Milagres, C1 |
230.80 |
500 |
feb/02 |
dez/42 |
(5) |
9.32% | |
L. Gonzaga-Olindina, C1 |
248.60 |
500 |
may/76 |
dez/42 |
(5) |
9.32% | |
Luiz Gonzaga-Sobradinho, C1 |
290.60 |
500 |
oct/79 |
dez/42 |
(5) |
9.32% | |
Messias-Suape II, C1 |
176.60 |
500 |
dec/98 |
dez/42 |
(5) |
9.32% | |
Suape II-Recife II, C1 |
45.40 |
500 |
dec/98 |
dez/42 |
(5) |
9.32% | |
Milagres-Quixada, C1 |
268.00 |
500 |
sept/03 |
dez/42 |
(5) |
9.32% | |
Olindina-Camacari II, C1 |
147.20 |
500 |
oct/76 |
dez/42 |
(5) |
9.32% | |
Olindina-Camacari II, C2 |
146.90 |
500 |
sept/78 |
dez/42 |
(5) |
9.32% | |
P.Afonso IV-Angelim II, C2 |
221.50 |
500 |
jul/79 |
dez/42 |
(5) |
9.32% | |
P.Afonso IV-Olindina, C2 |
212.80 |
500 |
jun/78 |
dez/42 |
(5) |
9.32% | |
P.Afonso IV-L. Gonzaga, C1 |
37.40 |
500 |
oct/79 |
dez/42 |
(5) |
9.32% | |
P.Afonso IV-Xingo, C1 |
53.80 |
500 |
feb/93 |
dez/42 |
(5) |
9.32% | |
Pres.Dutra II-Teresina II, C1 |
207.90 |
500 |
may/00 |
dez/42 |
(5) |
9.32% | |
Pres.Dutra II-Teresina II, C1mo |
207.70 |
500 |
apr/03 |
dez/42 |
(5) |
9.32% | |
Quixada-FortalezaII, C1 |
136.50 |
500 |
sept/03 |
dez/42 |
(5) |
9.32% | |
Sobral III-Pecem II, C1 |
176.60 |
500 |
may/00 |
dez/42 |
(5) |
9.32% | |
Pecem II-Fortaleza II, C1 |
73.10 |
500 |
may/00 |
dez/42 |
(5) |
9.32% | |
S.J.Piaui-B.Esperanca, C1 |
233.50 |
500 |
dec/80 |
dez/42 |
(5) |
9.32% | |
Sobradinho-S.J.Piaui, C1 |
211.00 |
500 |
dec/80 |
dez/42 |
(5) |
9.32% | |
Sobradinho-Luiz Gonzaga, C2 |
316.00 |
500 |
jun/88 |
dez/42 |
(5) |
9.32% | |
Teresina II-Sobral III, C1 |
334.20 |
500 |
may/00 |
dez/42 |
(5) |
9.32% | |
U. Luiz Gonzaga-L.Gonzaga, C1 |
0.60 |
500 |
may/79 |
dez/42 |
(5) |
9.32% | |
U. Luiz Gonzaga-L.Gonzaga, C2 |
0.60 |
500 |
may/79 |
dez/42 |
(5) |
9.32% | |
U. Luiz Gonzaga-L.Gonzaga, C3 |
0.60 |
500 |
may/79 |
dez/42 |
(5) |
9.32% | |
Usina IV-P.Afonso IV, C1 |
0.60 |
500 |
dec/79 |
dez/42 |
(5) |
9.32% | |
Usina IV-P.Afonso IV, C2 |
0.60 |
500 |
may/80 |
dez/42 |
(5) |
9.32% | |
Usina IV-P.Afonso IV, C3 |
0.60 |
500 |
oct/80 |
dez/42 |
(5) |
9.32% | |
Usina IV-P.Afonso IV, C4 |
0.60 |
500 |
jul/81 |
dez/42 |
(5) |
9.32% | |
Usina IV-P.Afonso IV, C5 |
0.60 |
500 |
dec/81 |
dez/42 |
(5) |
9.32% | |
Usina IV-P.Afonso IV, C6 |
0.60 |
500 |
may/83 |
dez/42 |
(5) |
9.32% | |
Usina Xingo – Xingo, C1 |
0.90 |
500 |
oct/95 |
dez/42 |
(5) |
9.32% | |
Usina Xingo – Xingo, C2 |
0.90 |
500 |
oct/95 |
dez/42 |
(5) |
9.32% | |
Usina Xingo – Xingo, C3 |
0.90 |
500 |
oct/95 |
dez/42 |
(5) |
9.32% | |
Usina.Xingo.- Xingo, C4 |
0.90 |
500 |
oct/95 |
dez/42 |
(5) |
9.32% | |
Usina Xingo – Xingo, C5 |
0.80 |
500 |
mar/94 |
dez/42 |
(5) |
9.32% | |
Usina Xingo – Xingo, C6 |
0.80 |
500 |
nov/94 |
dez/42 |
(5) |
9.32% | |
Xingo-Jardim, C1 |
159.80 |
500 |
may/00 |
dez/42 |
(5) |
9.32% | |
Xingo-Messias, C1 |
219.00 |
500 |
feb/93 |
dez/42 |
(5) |
9.32% | |
Angelim-Messias, C1 |
78.90 |
230 |
apr/77 |
dez/42 |
(5) |
9.32% | |
Angelim-Messias, C2 |
78.50 |
230 |
oct/76 |
dez/42 |
(5) |
9.32% | |
Angelim-Messias, C3 |
79.10 |
230 |
aug/86 |
dez/42 |
(5) |
9.32% | |
Angelim-Ribeirão, C1 |
115.70 |
230 |
jan/53 |
dez/42 |
(5) |
9.32% | |
Angelim-Recife II, C2 |
171.70 |
230 |
jan/67 |
dez/42 |
(5) |
9.32% | |
Angelim-Recife II, C3 |
171.70 |
230 |
jan/61 |
dez/42 |
(5) |
9.32% | |
Angelim-Tacaimbó, C1 |
63.90 |
230 |
mar/63 |
dez/42 |
(5) |
9.32% | |
Angelim-Tacaimbó, C2 |
64.10 |
230 |
mar/73 |
dez/42 |
(5) |
9.32% | |
Angelim-Tacaimbó, C3 |
65.70 |
230 |
jun/98 |
dez/42 |
(5) |
9.32% | |
Arapiraca III–Rio Largo II, C1 |
124.70 |
230 |
jan/98 |
dez/42 |
(5) |
9.32% | |
Arapiraca III–Penedo, C1 |
89.60 |
230 |
jan/98 |
dez/42 |
(5) |
9.32% | |
Boa Esperança-Teresina, C1 |
198.00 |
230 |
mar/70 |
dez/42 |
(5) |
9.32% | |
Boa Esperança-Teresina, C2 |
198.00 |
230 |
dec/81 |
dez/42 |
(5) |
9.32% | |
Bongi-Açonorte, C1 |
6.00 |
230 |
aug/76 |
dez/42 |
(5) |
9.32% | |
B.Jesus da Lapa-Barreiras, C1 |
233.50 |
230 |
dec/90 |
dez/42 |
(5) |
9.32% | |
Banabuiu-Fortaleza, C1 |
177.20 |
230 |
oct/65 |
dez/42 |
(5) |
9.32% | |
Banabuiu-Fortaleza, C2 |
176.00 |
230 |
jul/78 |
dez/42 |
(5) |
9.32% | |
Aquiraz II-Banabuiu, C1 |
181.80 |
230 |
aug/78 |
dez/42 |
(5) |
9.32% | |
Aquiraz II-Fortaleza, C1 |
30.10 |
230 |
aug/78 |
dez/42 |
(5) |
9.32% | |
Banabuiu-Mossoro II, C1 |
177.20 |
230 |
jul/03 |
dez/42 |
(5) |
9.32% | |
Banabuiu-Mossoro II, C2 |
177.20 |
230 |
jul/03 |
dez/42 |
(5) |
9.32% | |
Banabuiu-Russas II, C1 |
110.40 |
230 |
may/71 |
dez/42 |
(5) |
9.32% | |
Bom Nome-Milagres, C1 |
83.70 |
230 |
sept/61 |
dez/42 |
(5) |
9.32% | |
Bom Nome-Milagres, C2 |
84.10 |
230 |
dec/74 |
dez/42 |
(5) |
9.32% | |
Bom Nome-Milagres, C3 |
83.90 |
230 |
sept/79 |
dez/42 |
(5) |
9.32% | |
Cauipe-Sobral, C1 |
177.40 |
230 |
nov/73 |
dez/42 |
(5) |
9.32% | |
Cicero Dantas-Catu, C1 |
200.70 |
230 |
mar/68 |
dez/42 |
(5) |
9.32% | |
Cicero Dantas-Catu, C2 |
201.30 |
230 |
apr/72 |
dez/42 |
(5) |
9.32% | |
C. Grande II - C. Grande III, C1 |
10.60 |
230 |
oct/99 |
dez/42 |
(5) |
9.32% | |
C. Grande II - C. Grande III, C2 |
10.60 |
230 |
oct/02 |
dez/42 |
(5) |
9.32% | |
Campina Grande-Coteminas, C1 |
2.50 |
230 |
oct/99 |
dez/42 |
(5) |
9.32% | |
Campina Grande-Goianinha, C1 |
99.30 |
230 |
feb/70 |
dez/42 |
(5) |
9.32% | |
C. Grande III – Extremoz II C1 |
191.40 |
230 |
oct/99 |
dez/42 |
(5) |
9.32% | |
Campina Grande III-Natal III, C1 |
175.80 |
230 |
oct/02 |
dez/42 |
(5) |
9.32% | |
Natal III-Natal II, C1 |
11.60 |
230 |
oct/99 |
dez/42 |
(5) |
9.32% | |
Natal III-Natal II, C2 |
11.60 |
230 |
oct/02 |
dez/42 |
(5) |
9.32% | |
Campina Grande II-Paraiso, C1 |
118.10 |
230 |
may/79 |
dez/42 |
(5) |
9.32% | |
Campina Grande II-Paraiso, C2 |
119.00 |
230 |
apr/79 |
dez/42 |
(5) |
9.32% | |
Camaçari-Caraíba Metais, C1 |
3.20 |
230 |
feb/82 |
dez/42 |
(5) |
9.32% | |
Camaçari-Cqr, C1 |
7.20 |
230 |
may/92 |
dez/42 |
(5) |
9.32% | |
Camaçari IV-Cotegipe, C1 |
22.90 |
230 |
jun/70 |
dez/42 |
(5) |
9.32% | |
Camaçari-Cotegipe, C2 |
23.50 |
230 |
oct/76 |
dez/42 |
(5) |
9.32% | |
Camaçari-Gov.Mangabeira, C1 |
83.70 |
230 |
sept/82 |
dez/42 |
(5) |
9.32% | |
Camaçari-Gov.Mangabeira, C2 |
83.70 |
230 |
sept/82 |
dez/42 |
(5) |
9.32% | |
Camaçari IV-Jacaracanga, C1 |
19.20 |
230 |
jul/77 |
dez/42 |
(5) |
9.32% | |
Camaçari IV-Jacaracanga, C2 |
19.20 |
230 |
mar/77 |
dez/42 |
(5) |
9.32% | |
Camaçari-Matatu, C1 |
47.00 |
230 |
aug/53 |
dez/42 |
(5) |
9.32% | |
Camaçari IV-Pituaçu, C1 |
39.20 |
230 |
oct/84 |
dez/42 |
(5) |
9.32% | |
Camaçari-Pituaçu, C2 |
39.20 |
230 |
jan/02 |
dez/42 |
(5) |
9.32% | |
Cotegipe-Jacaracanga, C1 |
15.20 |
230 |
dec/71 |
dez/42 |
(5) |
9.32% | |
Cotegipe-Matatu, C1 |
30.00 |
230 |
may/77 |
dez/42 |
(5) |
9.32% | |
Catu-Camaçari, C1 |
25.00 |
230 |
jun/70 |
dez/42 |
(5) |
9.32% | |
Catu-Camaçari, C2 |
25.00 |
230 |
aug/53 |
dez/42 |
(5) |
9.32% | |
Catu-Gov.Mangabeira, C1 |
77.20 |
230 |
aug/67 |
dez/42 |
(5) |
9.32% | |
Catu-Itabaianinha, C1 |
143.90 |
230 |
aug/53 |
dez/42 |
(5) |
9.32% | |
Funil-Itapebi, C1 |
198.10 |
230 |
jul/90 |
dez/42 |
(5) |
9.32% | |
Funil-Itapebi, C2 |
198.10 |
230 |
jul/90 |
dez/42 |
(5) |
9.32% | |
Fortaleza-Cauipe, C1 |
58.20 |
230 |
nov/73 |
dez/42 |
(5) |
9.32% | |
Fortaleza-Delmiro Gouveia, C1 |
7.10 |
230 |
jun/89 |
dez/42 |
(5) |
9.32% | |
Fortaleza-Delmiro Gouveia, C2 |
7.10 |
230 |
jun/89 |
dez/42 |
(5) |
9.32% | |
Fortaleza-Fortaleza II, C1 |
0.30 |
230 |
feb/00 |
dez/42 |
(5) |
9.32% | |
Fortaleza-Fortaleza II, C2 |
0.30 |
230 |
feb/00 |
dez/42 |
(5) |
9.32% | |
Fortaleza-Fortaleza II, C3 |
0.30 |
230 |
oct/05 |
dez/42 |
(5) |
9.32% | |
Fortaleza II-Cauipe, C1 |
58.00 |
230 |
nov/03 |
dez/42 |
(5) |
9.32% | |
Fortaleza II-Cauipe, C2 |
58.00 |
230 |
nov/03 |
dez/42 |
(5) |
9.32% | |
Fortaleza II-Pici, C1 |
27.50 |
230 |
may/09 |
dez/42 |
(5) |
9.32% | |
Fortaleza II-Pici, C2 |
27.50 |
230 |
may/09 |
dez/42 |
(5) |
9.32% | |
Goianinha-Santa Rita II, C1 |
59.00 |
230 |
oct/77 |
dez/42 |
(5) |
9.32% | |
Santa Rita II-Mussuré, C1 |
17.00 |
230 |
oct/77 |
dez/42 |
(5) |
9.32% | |
Goianinha-Mussure, C2 |
50.60 |
230 |
oct/77 |
dez/42 |
(5) |
9.32% | |
Gov.Mangabeira-Sapeaçu, C1 |
23.50 |
230 |
dec/68 |
dez/42 |
(5) |
9.32% | |
Gov.Mangabeira-Sapeaçu, C2 |
22.50 |
230 |
feb/84 |
dez/42 |
(5) |
9.32% | |
Gov.Mangabeira-Sapeaçu, C3 |
22.60 |
230 |
feb/84 |
dez/42 |
(5) |
9.32% | |
Icó-Banabuiú, C1 |
124.70 |
230 |
dec/77 |
dez/42 |
(5) |
9.32% | |
Itapebi-Eunápolis, C1 |
47.00 |
230 |
jul/90 |
dez/42 |
(5) |
9.32% | |
Itapebi-Eunápolis, C2 |
47.00 |
230 |
jul/90 |
dez/42 |
(5) |
9.32% | |
Irecê-Brotas de Macaúba, C1 |
135.40 |
230 |
sept/81 |
dez/42 |
(5) |
9.32% | |
Brotas de Macaúba-B.J Lapa, C1 |
204.60 |
230 |
sept/81 |
dez/42 |
(5) |
9.32% | |
Itabaianinha-Itabaiana, C1 |
76.80 |
230 |
aug/53 |
dez/42 |
(5) |
9.32% | |
Itabaiana-Jardim, C1 |
44.00 |
230 |
aug/79 |
dez/42 |
(5) |
9.32% | |
Itabaiana-Jardim, C2 |
44.00 |
230 |
aug/79 |
dez/42 |
(5) |
9.32% | |
Jacaracanga-Alunordeste, C1 |
1.80 |
230 |
may/83 |
dez/42 |
(5) |
9.32% | |
Jacaracanga-Dow, C1 |
7.90 |
230 |
jul/77 |
dez/42 |
(5) |
9.32% | |
Jacaracanga-Dow, C2 |
7.80 |
230 |
mar/77 |
dez/42 |
(5) |
9.32% | |
Jardim-Fafen, C1 |
12.50 |
230 |
aug/81 |
dez/42 |
(5) |
9.32% | |
Jardim-Cia.Vale.Rio Doce, C1 |
0.80 |
230 |
feb/07 |
dez/42 |
(5) |
9.32% | |
Jaguarari-Sr. do Bonfim, C1 |
80.70 |
230 |
jan/80 |
dez/42 |
(5) |
9.32% | |
Juazeiro -Jaguarari, C1 |
88.00 |
230 |
jan/80 |
dez/42 |
(5) |
9.32% | |
Juazeiro II-Sr.do Bonfim II, C2 |
148.60 |
230 |
apr/81 |
dez/42 |
(5) |
9.32% | |
Libra-Libra, C1 |
1.50 |
230 |
dec/91 |
dez/42 |
(5) |
9.32% | |
Milagres-Banabuiu, C1 |
225.90 |
230 |
feb/65 |
dez/42 |
(5) |
9.32% | |
Milagres-Ico, C1 |
103.40 |
230 |
dec/77 |
dez/42 |
(5) |
9.32% | |
Milagres-Banabuiu, C3 |
225.10 |
230 |
dec/77 |
dez/42 |
(5) |
9.32% | |
Milagres-Coremas, C1 |
119.40 |
230 |
nov/86 |
dez/42 |
(5) |
9.32% | |
Mirueira-Pau Ferro, C1 |
23.10 |
230 |
oct/99 |
dez/42 |
(5) |
9.32% | |
Mirueira-Goianinha, C1 |
50.10 |
230 |
dec/89 |
dez/42 |
(5) |
9.32% | |
Messias-Maceió, C1 |
25.90 |
230 |
nov/96 |
dez/42 |
(5) |
9.32% | |
Messias-Maceió, C2 |
25.90 |
230 |
nov/96 |
dez/42 |
(5) |
9.32% | |
Messias-Rio Largo, C1 |
11.90 |
230 |
aug/86 |
dez/42 |
(5) |
9.32% | |
Messias-Rio Largo, C2 |
11.60 |
230 |
oct/76 |
dez/42 |
(5) |
9.32% | |
Messias-Rio Largo, C3 |
11.60 |
230 |
apr/77 |
dez/42 |
(5) |
9.32% | |
Mossoró-Açu, C1 |
71.30 |
230 |
jul/87 |
dez/42 |
(5) |
9.32% | |
Natal III - Extremoz II, C1 |
17.00 |
230 |
feb/14 |
dez/42 |
(5) |
9.32% | |
Olindina-Olindina, C1 |
0.20 |
230 |
may/80 |
dez/42 |
(5) |
9.32% | |
Olindina-Olindina, C2 |
0.20 |
230 |
may/80 |
dez/42 |
(5) |
9.32% | |
Paulo Afonso-Angelim, C1 |
221.30 |
230 |
jan/53 |
dez/42 |
(5) |
9.32% | |
Paulo Afonso-Garanhuns II, C1 |
209.30 |
230 |
jan/67 |
dez/42 |
(5) |
9.32% | |
Paulo Afonso-Garanhuns II, C2 |
209.30 |
230 |
jan/61 |
dez/42 |
(5) |
9.32% | |
Paulo Afonso-Garanhuns II, C3 |
214.10 |
230 |
dec/73 |
dez/42 |
(5) |
9.32% | |
Garanhuns II-Angelim, C1 |
12.30 |
230 |
jan/61 |
dez/42 |
(5) |
9.32% | |
Garanhuns II-Angelim, C2 |
11.60 |
230 |
dec/73 |
dez/42 |
(5) |
9.32% | |
Floresta II-Bom Nome,230 Kv,C1 |
92.20 |
230 |
dec/74 |
dez/42 |
(5) |
9.32% | |
P.Afonso-Tacaratu, 230 Kv, C1 |
47.40 |
230 |
oct/61 |
dez/42 |
(5) |
9.32% | |
Tacaratu-Bom Nome, 230 Kv, C1 |
137.10 |
230 |
oct/61 |
dez/42 |
(5) |
9.32% | |
Paulo Afonso-Bom Nome, C3 |
170.80 |
230 |
nov/78 |
dez/42 |
(5) |
9.32% | |
Paulo Afonso-C. Dantas, C1 |
134.20 |
230 |
mar/68 |
dez/42 |
(5) |
9.32% | |
Paulo Afonso-C. Dantas, C2 |
133.80 |
230 |
jun/72 |
dez/42 |
(5) |
9.32% | |
Paulo Afonso – Floresta II, C1 |
79.00 |
230 |
dec/74 |
dez/42 |
(5) |
9.32% | |
Paulo Afonso-Itabaiana, C2 |
162.50 |
230 |
apr/87 |
dez/42 |
(5) |
9.32% | |
Paulo Afonso-Itabaiana, C3 |
162.50 |
230 |
sept/85 |
dez/42 |
(5) |
9.32% | |
Paulo Afonso IV-P.Afonso, C1 |
1.10 |
230 |
oct/79 |
dez/42 |
(5) |
9.32% | |
Paulo Afonso IV-P.Afonso, C2 |
1.40 |
230 |
feb/81 |
dez/42 |
(5) |
9.32% | |
Pau Ferro-Coteminas, C1 |
123.90 |
230 |
oct/99 |
dez/42 |
(5) |
9.32% | |
Pau Ferro-Campina Grande II, C2 |
125.90 |
230 |
oct/99 |
dez/42 |
(5) |
9.32% | |
Paraiso-Natal II, C1 |
96.20 |
230 |
may/79 |
dez/42 |
(5) |
9.32% | |
Paraiso-Natal II, C2 |
97.20 |
230 |
apr/79 |
dez/42 |
(5) |
9.32% | |
Ibiapina II-Piripiri, C1 |
86.00 |
230 |
aug/73 |
dez/42 |
(5) |
9.32% | |
Ibiapina I-Sobral, C1 |
103.00 |
230 |
aug/73 |
dez/42 |
(5) |
9.32% | |
Pituaçu-Narandiba, C1 |
3.60 |
230 |
nov/83 |
dez/42 |
(5) |
9.32% | |
Pituaçu-Narandiba, C2 |
3.60 |
230 |
nov/83 |
dez/42 |
(5) |
9.32% | |
Pituaçu-Pituaçu, C1 |
2.00 |
230 |
jan/77 |
dez/42 |
(5) |
9.32% | |
Recife II-Joairam, C1 |
7.40 |
230 |
jan/67 |
dez/42 |
(5) |
9.32% | |
Recife II-Joairam, C2 |
7.40 |
230 |
jan/67 |
dez/42 |
(5) |
9.32% | |
Recife II-Joairam, C3 |
7.40 |
230 |
jan/61 |
dez/42 |
(5) |
9.32% | |
Joairam-Bongi, C1 |
6.30 |
230 |
jan/53 |
dez/42 |
(5) |
9.32% | |
Joairam-Bongi, C2 |
6.40 |
230 |
jan/67 |
dez/42 |
(5) |
9.32% | |
Joairam-Bongi, C3 |
6.40 |
230 |
jan/61 |
dez/42 |
(5) |
9.32% | |
Recife II-Goianinha, C1 |
71.40 |
230 |
feb/72 |
dez/42 |
(5) |
9.32% | |
Recife II-Goianinha, C2 |
71.50 |
230 |
feb/72 |
dez/42 |
(5) |
9.32% | |
Recife II-Mirueira, C1 |
31.00 |
230 |
jun/80 |
dez/42 |
(5) |
9.32% | |
Recife II-Mirueira, C2 |
31.50 |
230 |
jun/80 |
dez/42 |
(5) |
9.32% | |
Recife II-Mirueira, C3 |
31.50 |
230 |
jun/86 |
dez/42 |
(5) |
9.32% | |
Recife II-Pau Ferro, C1 |
33.20 |
230 |
sept/04 |
dez/42 |
(5) |
9.32% | |
Recife II-Pau Ferro, C2 |
33.20 |
230 |
sept/04 |
dez/42 |
(5) |
9.32% | |
Recife II-Pirapama II, C1 |
27.60 |
230 |
jun/80 |
dez/42 |
(5) |
9.32% | |
Recife II-Pirapama II, C2 |
27.60 |
230 |
jun/80 |
dez/42 |
(5) |
9.32% | |
Ribeirão-Recife II, C1 |
56.60 |
230 |
sept/94 |
dez/42 |
(5) |
9.32% | |
Rio Largo-Braskem, C1 |
23.20 |
230 |
jun/76 |
dez/42 |
(5) |
9.32% | |
Quixere-MossoróII,C1 |
50.20 |
230 |
apr/81 |
dez/42 |
(5) |
9.32% | |
Russas II – Quixere, C1 |
25.40 |
230 |
apr/81 |
dez/42 |
(5) |
9.32% | |
Sobral III-Sobral II, C1 |
13.80 |
230 |
may/09 |
dez/42 |
(5) |
9.32% | |
Sobral III-Sobral II, C2 |
13.80 |
230 |
may/09 |
dez/42 |
(5) |
9.32% | |
Sobral II – Cccp, 230 Kv, C1 |
2.90 |
230 |
jun/01 |
dez/42 |
(5) |
9.32% | |
S.João Piauí-Picos, C1 |
167.80 |
230 |
jul/85 |
dez/42 |
(5) |
9.32% | |
S.João Piaui-Eliseu Martins, C1 |
172.90 |
230 |
feb/98 |
dez/42 |
(5) |
9.32% | |
C. Formoso-Irecê, C1 |
158.20 |
230 |
sept/81 |
dez/42 |
(5) |
9.32% | |
Sr.do Bonfim-C. Formoso, C1 |
64.70 |
230 |
sept/81 |
dez/42 |
(5) |
9.32% | |
Sapeaçu-Funil, C1 |
195.70 |
230 |
dec/68 |
dez/42 |
(5) |
9.32% | |
Sapeaçu- S.Ant.Jesus, C2 |
32.00 |
230 |
feb/84 |
dez/42 |
(5) |
9.32% | |
Sapeaçu- S.Ant.Jesus, C3 |
32.00 |
230 |
feb/84 |
dez/42 |
(5) |
9.32% | |
S.Ant.Jesus-Funil, C2 |
162.60 |
230 |
feb/84 |
dez/42 |
(5) |
9.32% | |
S.Ant.Jesus-Funil, C3 |
162.10 |
230 |
feb/84 |
dez/42 |
(5) |
9.32% | |
Tacaimbo-C.Grande II, C1 |
124.70 |
230 |
jun/85 |
dez/42 |
(5) |
9.32% | |
Tacaimbo-C.Grande II, C2 |
124.70 |
230 |
jun/85 |
dez/42 |
(5) |
9.32% | |
Teresina I-Teresina II, C1 |
25.30 |
230 |
sept/02 |
dez/42 |
(5) |
9.32% | |
Teresina I-Teresina II, C2 |
25.30 |
230 |
sept/02 |
dez/42 |
(5) |
9.32% | |
Teresina-Piripiri, C1 |
154.70 |
230 |
nov/71 |
dez/42 |
(5) |
9.32% | |
Usina Apol.Sales- P.Afonso, C1 |
5.80 |
230 |
oct/77 |
dez/42 |
(5) |
9.32% | |
Usina Apol.Sales- P.Afonso, C2 |
5.70 |
230 |
mar/77 |
dez/42 |
(5) |
9.32% | |
Us. B.Esperança-B.Esperança, C1 |
2.80 |
230 |
dec/80 |
dez/42 |
(5) |
9.32% | |
Sobradinho-Juazeiro II, C1 |
42.50 |
230 |
jan/80 |
dez/42 |
(5) |
9.32% | |
Sobradinho-Juazeiro II, C2 |
42.50 |
230 |
apr/81 |
dez/42 |
(5) |
9.32% | |
Usina II-Paulo Afonso, C1 |
0.70 |
230 |
oct/61 |
dez/42 |
(5) |
9.32% | |
Usina II-Paulo Afonso, C3 |
0.70 |
230 |
may/67 |
dez/42 |
(5) |
9.32% | |
Usina II-Paulo Afonso, C4 |
0.70 |
230 |
may/67 |
dez/42 |
(5) |
9.32% | |
Usina II-Paulo Afonso, C5 |
0.70 |
230 |
dec/67 |
dez/42 |
(5) |
9.32% | |
Usina III-Paulo Afonso, C1 |
0.60 |
230 |
oct/71 |
dez/42 |
(5) |
9.32% | |
Usina III-Paulo Afonso, C2 |
0.60 |
230 |
apr/72 |
dez/42 |
(5) |
9.32% | |
Usina III-Paulo Afonso, C3 |
0.60 |
230 |
apr/74 |
dez/42 |
(5) |
9.32% | |
Usina III-Paulo Afonso, C4 |
0.60 |
230 |
aug/74 |
dez/42 |
(5) |
9.32% | |
Usina I-Paulo Afonso, C1 |
0.60 |
230 |
jan/55 |
dez/42 |
(5) |
9.32% | |
Usina I-Paulo Afonso, C2 |
0.60 |
230 |
jan/55 |
dez/42 |
(5) |
9.32% | |
C.Grande II-S.Cruz II, C1 |
117.30 |
138 |
apr/63 |
dez/42 |
(5) |
9.32% | |
C.Grande II-Pilões, C1 |
79.30 |
138 |
jan/68 |
dez/42 |
(5) |
9.32% | |
Paraíso-Santa Cruz II, C1 |
8.70 |
138 |
jan/68 |
dez/42 |
(5) |
9.32% | |
Pilões – Paraíso, C1 |
107.90 |
138 |
jan/68 |
dez/42 |
(5) |
9.32% | |
C. Novos-Santana do Matos, C1 |
38.80 |
138 |
dec/67 |
dez/42 |
(5) |
9.32% | |
Santana do Matos-Açu, C1 |
49.60 |
138 |
dec/67 |
dez/42 |
(5) |
9.32% | |
Santa Cruz II-C.Novos II, C1 |
55.00 |
138 |
oct/65 |
dez/42 |
(5) |
9.32% | |
Usina II-Zebu, C1 |
6.00 |
138 |
dec/64 |
dez/42 |
(5) |
9.32% | |
Abaixadora-Mulungu, C1 |
6.50 |
69 |
may/75 |
dez/42 |
(5) |
9.32% | |
Abaixadora-Moxoto, C1 |
5.30 |
69 |
oct/70 |
dez/42 |
(5) |
9.32% | |
Abaixadora-Zebu, C1 |
5.40 |
69 |
oct/72 |
dez/42 |
(5) |
9.32% | |
Camacari-Camacari, C2 |
1.40 |
69 |
jun/60 |
dez/42 |
(5) |
9.32% | |
Cotegipe-Catu, C1 |
48.70 |
69 |
jun/60 |
dez/42 |
(5) |
9.32% | |
Cotegipe-Catu, C2 |
48.70 |
69 |
jun/60 |
dez/42 |
(5) |
9.32% | |
Jaboatao-Recife II, C1 |
3.10 |
69 |
jan/65 |
dez/42 |
(5) |
9.32% | |
M.Reduzido-M.Reduzido, C1 |
0.50 |
69 |
apr/73 |
dez/42 |
(5) |
9.32% | |
Matatu-Pituacu, C1 |
7.50 |
69 |
jun/60 |
dez/42 |
(5) |
9.32% | |
Matatu-Pituacu, C2 |
7.40 |
69 |
jun/60 |
dez/42 |
(5) |
9.32% | |
Pirapama II-Recife II, C1 |
21.30 |
69 |
jan/65 |
dez/42 |
(5) |
9.32% | |
Pituacu-Cotegipe, C1 |
22.10 |
69 |
jun/60 |
dez/42 |
(5) |
9.32% | |
Pituacu-Cotegipe, C2 |
21.90 |
69 |
jun/60 |
dez/42 |
(5) |
9.32% | |
Usina de Pedra-Jequié, C1 |
20.50 |
69 |
nov/78 |
dez/42 |
(5) |
9.32% | |
Vila Zebu-Itaparica, C1 |
27.00 |
69 |
jul/77 |
dez/42 |
(5) |
9.32% | |
Zebu-Moxoto, C1 |
7.20 |
69 |
apr/83 |
dez/42 |
(5) |
9.32% | |
Zebu-Xingo, C1 |
56.50 |
69 |
aug/81 |
dez/42 |
(5) |
9.32% | |
Furnas |
Foz do Iguaçu - Ivaiporã 1 |
322.00 |
765 |
aug/89 |
dez/42 |
(6) |
- |
Foz do Iguaçu - Ivaiporã 2 |
323.00 |
765 |
dec/86 |
dez/42 |
(6) |
- | |
Foz do Iguaçu - Ivaiporã 3 |
331.00 |
765 |
mar/99 |
dez/42 |
(6) |
- | |
Itaberá - Ivaiporã 1 |
265.00 |
765 |
aug/89 |
dez/42 |
(6) |
- | |
Itaberá - Ivaiporã 2 |
264.00 |
765 |
oct/82 |
dez/42 |
(6) |
- | |
Itaberá - Ivaiporã 3 |
272.00 |
765 |
may/00 |
dez/42 |
(6) |
- | |
Itaberá - Tijuco Preto 1 |
305.00 |
765 |
jul/89 |
dez/42 |
(6) |
- | |
Itaberá - Tijuco Preto 2 |
304.00 |
765 |
oct/82 |
dez/42 |
(6) |
- | |
Itaberá - Tijuco Preto 3 |
312.00 |
765 |
may/01 |
dez/42 |
(6) |
- | |
Foz do Iguaçu - Ibiúna Bipolo 1 |
792.00 |
600 |
mar/85 |
dez/42 |
(6) |
- | |
Foz do Iguaçu - Ibiúna Bipolo 2 |
820.00 |
600 |
aug/87 |
dez/42 |
(6) |
- | |
Adrianópolis - Baixada Fluminense |
19.00 |
500 |
may/04 |
dez/42 |
(6) |
- | |
Adrianópolis - Cachoeira Paulista 1 |
171.00 |
500 |
feb/74 |
dez/42 |
(6) |
- | |
Adrianópolis – Grajaú |
55.00 |
500 |
dec/77 |
dez/42 |
(6) |
- | |
Adrianópolis – Resende |
115.00 |
500 |
dec/79 |
dez/42 |
(6) |
- | |
Adrianópolis - São José |
33.00 |
500 |
aug/91 |
dez/42 |
(6) |
- | |
Angra - Cachoeira Paulista |
103.00 |
500 |
jun/77 |
dez/42 |
(6) |
- | |
Angra - São José |
133.00 |
500 |
dec/98 |
dez/42 |
(6) |
- | |
Angra - Zona Oeste |
97.50 |
500 |
dec/98 |
dez/42 |
(6) |
- | |
Araraquara – Campinas |
171.00 |
500 |
jul/76 |
dez/42 |
(6) |
- | |
Araraquara - Poços de Caldas |
176.00 |
500 |
apr/76 |
dez/42 |
(6) |
- | |
Baixada Fluminense - Cachoeira Paulista |
160.50 |
500 |
may/04 |
dez/42 |
(6) |
- | |
Cachoeira Paulista - Campinas |
223.00 |
500 |
sept/77 |
dez/42 |
(6) |
- | |
Cachoeira Paulista - Itajubá |
53.00 |
500 |
jul/02 |
dez/42 |
(6) |
- | |
Cachoeira Paulista - Resende |
56.00 |
500 |
dec/79 |
dez/42 |
(6) |
- | |
Cachoeira Paulista - Taubaté |
83.00 |
500 |
jun/83 |
dez/42 |
(6) |
- | |
Cachoeira Paulista - Tijuco Preto 1 |
181.00 |
500 |
nov/88 |
dez/42 |
(6) |
- | |
Campinas - Itatiba |
26.50 |
500 |
mar/03 |
dez/42 |
(6) |
- | |
Grajaú - Zona Oeste |
79.00 |
500 |
dec/98 |
dez/42 |
(6) |
- | |
Gurupi – Miracema |
255.00 |
500 |
mar/99 |
dez/42 |
(6) |
- | |
Ibiúna - Itatiba |
86.50 |
500 |
mar/03 |
dez/42 |
(6) |
- | |
Itumbiara - São Simão |
166.00 |
500 |
jan/79 |
dez/42 |
(6) |
- | |
Marimbondo - Água Vermelha |
172.00 |
500 |
aug/79 |
dez/42 |
(6) |
- | |
Marimbondo - Araraquara 1 |
195.00 |
500 |
apr/76 |
dez/42 |
(6) |
- | |
Marimbondo - Araraquara 2 |
194.00 |
500 |
aug/76 |
dez/42 |
(6) |
- | |
Poços de Caldas – Itajubá |
139.00 |
500 |
jul/02 |
dez/42 |
(6) |
- | |
Serra da Mesa – Gurupi 1 |
256.00 |
500 |
mar/99 |
dez/42 |
(6) |
- | |
Serra da Mesa - Samambaia 1 |
249.00 |
500 |
mar/98 |
dez/42 |
(6) |
- | |
Serra da Mesa - Samambaia 2 |
248.50 |
500 |
jan/99 |
dez/42 |
(6) |
- | |
Tijuco Preto - Taubaté |
108.50 |
500 |
mar/84 |
dez/42 |
(6) |
- | |
Adrianópolis - Itutinga 1 |
199.00 |
345 |
mar/68 |
dez/42 |
(6) |
- | |
Adrianópolis - Itutinga 2 |
199.00 |
345 |
aug/70 |
dez/42 |
(6) |
- | |
Adrianópolis - Jacarepaguá 1 |
38.00 |
345 |
mar/68 |
dez/42 |
(6) |
- | |
Adrianópolis - Jacarepaguá 2 |
38.00 |
345 |
aug/70 |
dez/42 |
(6) |
- | |
Adrianópolis - Macaé |
177.00 |
345 |
sept/02 |
dez/42 |
(6) |
- | |
Adrianópolis - Venda das Pedras |
107.00 |
345 |
nov/01 |
dez/42 |
(6) |
- | |
Bandeirantes - Samambaia 1 |
157.00 |
345 |
feb/99 |
dez/42 |
(6) |
- | |
Bandeirantes - Samambaia 2 |
155.00 |
345 |
feb/99 |
dez/42 |
(6) |
- | |
Barro Branco - Ouro Preto |
59.00 |
345 |
mar/05 |
dez/42 |
(6) |
- | |
Barro Branco - Padre Fialho |
104.50 |
345 |
mar/05 |
dez/42 |
(6) |
- | |
Campinas - Guarulhos |
88.00 |
345 |
feb/03 |
dez/42 |
(6) |
- | |
Campinas - Poços de Caldas |
126.00 |
345 |
oct/72 |
dez/42 |
(6) |
- | |
Campos - Macaé 1 |
89.00 |
345 |
nov/01 |
dez/42 |
(6) |
- | |
Campos - Macaé 2 |
89.00 |
345 |
sept/02 |
dez/42 |
(6) |
- | |
Campos – Viana |
199.00 |
345 |
dec/05 |
dez/42 |
(6) |
- | |
Campos – Vitória |
224.00 |
345 |
sept/78 |
dez/42 |
(6) |
- | |
Corumbá - Brasília Sul |
254.00 |
345 |
mar/97 |
dez/42 |
(6) |
- | |
Corumbá – Itumbiara |
79.00 |
345 |
mar/97 |
dez/42 |
(6) |
- | |
Furnas - Estreito |
112.00 |
345 |
feb/70 |
dez/42 |
(6) |
- | |
Furnas - Itutinga 1 |
198.00 |
345 |
mar/68 |
dez/42 |
(6) |
- | |
Furnas - Itutinga 2 |
199.00 |
345 |
dec/69 |
dez/42 |
(6) |
- | |
Furnas - Mascarenhas de Moraes |
104.00 |
345 |
may/68 |
dez/42 |
(6) |
- | |
Furnas – Pimenta |
66.00 |
345 |
mar/67 |
dez/42 |
(6) |
- | |
Furnas - Poços de Caldas 1 |
131.00 |
345 |
sept/63 |
dez/42 |
(6) |
- | |
Furnas - Poços de Caldas 2 |
131.00 |
345 |
apr/65 |
dez/42 |
(6) |
- | |
Guarulhos - Ibiúna 1 |
75.00 |
345 |
jun/90 |
dez/42 |
(6) |
- | |
Guarulhos - Ibiúna 2 |
75.00 |
345 |
jul/90 |
dez/42 |
(6) |
- | |
Guarulhos – Nordeste |
35.00 |
345 |
mar/64 |
dez/42 |
(6) |
- | |
Guarulhos - Poços de Caldas 1 |
182.00 |
345 |
sept/63 |
dez/42 |
(6) |
- | |
Guarulhos - Poços de Caldas 2 |
184.00 |
345 |
nov/66 |
dez/42 |
(6) |
- | |
Ibiúna - Tijuco Preto 1 |
97.00 |
345 |
nov/83 |
dez/42 |
(6) |
- | |
Ibiúna - Tijuco Preto 2 |
97.00 |
345 |
jul/84 |
dez/42 |
(6) |
- | |
Itumbiara - Bandeirantes 1 |
180.00 |
345 |
jul/73 |
dez/42 |
(6) |
- | |
Itumbiara - Bandeirantes 2 |
180.00 |
345 |
jul/77 |
dez/42 |
(6) |
- | |
Itumbiara - Porto Colômbia |
201.00 |
345 |
jun/73 |
dez/42 |
(6) |
- | |
L.C.Barreto - Estreito 1 |
24.00 |
345 |
mar/69 |
dez/42 |
(6) |
- | |
L.C.Barreto - Estreito 2 |
24.00 |
345 |
feb/70 |
dez/42 |
(6) |
- | |
L.C.Barreto - Poços de Caldas 1 |
198.00 |
345 |
nov/69 |
dez/42 |
(6) |
- | |
L.C.Barreto - Poços de Caldas 2 |
197.00 |
345 |
sept/70 |
dez/42 |
(6) |
- | |
L.C.Barreto - Volta Grande |
112.00 |
345 |
jun/73 |
dez/42 |
(6) |
- | |
Macaé - Venda das Pedras |
122.00 |
345 |
nov/01 |
dez/42 |
(6) |
- | |
Marimbondo - Porto Colômbia |
77.00 |
345 |
oct/75 |
dez/42 |
(6) |
- | |
Mascarenhas de Moraes - Estreito |
13.00 |
345 |
mar/69 |
dez/42 |
(6) |
- | |
Mogi das Cruzes – Atibaia |
64.50 |
345 |
feb/71 |
dez/42 |
(6) |
- | |
Mogi das Cruzes – Nordeste |
25.00 |
345 |
mar/64 |
dez/42 |
(6) |
- | |
Pimenta – Barreiro |
198.00 |
345 |
mar/67 |
dez/42 |
(6) |
- | |
Poços de Caldas – Atibaia |
142.50 |
345 |
feb/71 |
dez/42 |
(6) |
- | |
Porto Colômbia - Volta Grande |
45.00 |
345 |
jun/73 |
dez/42 |
(6) |
- | |
Brasília Sul - Samambaia 1 |
13.50 |
345 |
feb/99 |
dez/42 |
(6) |
- | |
Brasília Sul - Samambaia 2 |
14.00 |
345 |
feb/99 |
dez/42 |
(6) |
- | |
Viana – Vitória |
26.00 |
345 |
dec/05 |
dez/42 |
(6) |
- | |
Vitória - Padre Fialho |
220.50 |
345 |
mar/05 |
dez/42 |
(6) |
- | |
Barro Alto – Niquelândia |
87.00 |
230 |
oct/99 |
dez/42 |
(6) |
- | |
Brasília Geral - Brasília Sul 1 |
13.00 |
230 |
oct/72 |
dez/42 |
(6) |
- | |
Brasília Geral - Brasília Sul 2 |
13.00 |
230 |
nov/06 |
dez/42 |
(6) |
- | |
Barro Alto – Águas Lindas |
102.00 |
230 |
mar/82 |
dez/42 |
(6) |
- | |
Brasília Sul - Águas Lindas |
30.00 |
230 |
mar/82 |
dez/42 |
(6) |
- | |
Brasília Sul – Pirineus |
107.00 |
230 |
sept/07 |
dez/42 |
(6) |
- | |
Itumbiara - Cachoeira Dourada |
44.00 |
230 |
oct/73 |
dez/42 |
(6) |
- | |
Itumbiara - Rio Verde 1 |
208.00 |
230 |
jan/86 |
dez/42 |
(6) |
- | |
Itumbiara - Rio Verde 2 |
202.00 |
230 |
apr/92 |
dez/42 |
(6) |
- | |
Pirineus – Xavantes C1 |
40.00 |
230 |
nov/06 |
dez/42 |
(6) |
- | |
Rio Verde - Barra do Peixe 1 |
240.00 |
230 |
nov/87 |
dez/42 |
(6) |
- | |
Rio Verde - Barra do Peixe 2 |
240.00 |
230 |
feb/94 |
dez/42 |
(6) |
- | |
Rio Verde - Cachoeira Dourada 1 |
175.00 |
230 |
dec/86 |
dez/42 |
(6) |
- | |
Rio Verde – Rondonópolis |
257.00 |
230 |
nov/82 |
dez/42 |
(6) |
- | |
Serra da Mesa - Niquelândia |
105.00 |
230 |
oct/99 |
dez/42 |
(6) |
- | |
Adrianópolis - Cepel C1 |
1.50 |
138 |
apr/81 |
dez/42 |
(6) |
- | |
Adrianópolis - Cepel C2 |
1.50 |
138 |
apr/81 |
dez/42 |
(6) |
- | |
Adrianópolis - Magé C1 |
48.00 |
138 |
apr/73 |
dez/42 |
(6) |
- | |
Adrianópolis - Magé C2 |
48.00 |
138 |
jan/73 |
dez/42 |
(6) |
- | |
Alcântara - Adrianópolis 1 |
19.50 |
138 |
jul/76 |
dez/42 |
(6) |
- | |
Alcântara - Adrianópolis 2 |
20.00 |
138 |
dec/98 |
dez/42 |
(6) |
- | |
Alcântara - Adrianópolis 3 |
20.00 |
138 |
dec/98 |
dez/42 |
(6) |
- | |
Alcântara - Imbariê - Adrianópolis |
19.50 |
138 |
may/75 |
dez/42 |
(6) |
- | |
Angra - Angra (Ampla) |
34.00 |
138 |
apr/71 |
dez/42 |
(6) |
- | |
Angra - Jacuacanga |
34.00 |
138 |
oct/77 |
dez/42 |
(6) |
- | |
Angra - Santa Cruz |
96.00 |
138 |
oct/77 |
dez/42 |
(6) |
- | |
Cachoeira Paulista - Volta Redonda 1 |
105.00 |
138 |
nov/86 |
dez/42 |
(6) |
- | |
Cachoeira Paulista - Volta Redonda 2 |
105.00 |
138 |
jun/87 |
dez/42 |
(6) |
- | |
Campos - Cachoeiro do Itapemirim C1 |
106.00 |
138 |
feb/73 |
dez/42 |
(6) |
- | |
Campos - Cachoeiro do Itapemirim C2 |
106.00 |
138 |
feb/73 |
dez/42 |
(6) |
- | |
Campos – Iriri |
97.00 |
138 |
aug/73 |
dez/42 |
(6) |
- | |
Campos - Rocha Leão |
110.00 |
138 |
feb/73 |
dez/42 |
(6) |
- | |
Cocto Magalhães - Parque das Emas |
80.50 |
138 |
jan/77 |
dez/42 |
(6) |
- | |
Iriri - Rocha Leão |
13.00 |
138 |
aug/73 |
dez/42 |
(6) |
- | |
Jacarepaguá - Ari Franco |
10.00 |
138 |
dec/67 |
dez/42 |
(6) |
- | |
Jacarepaguá – Cosmos |
24.00 |
138 |
dec/67 |
dez/42 |
(6) |
- | |
Jacarepaguá - Mato Alto |
16.00 |
138 |
sept/73 |
dez/42 |
(6) |
- | |
Jacarepaguá – Paciência |
23.00 |
138 |
nov/72 |
dez/42 |
(6) |
- | |
Paciência – Palmares |
5.00 |
138 |
nov/72 |
dez/42 |
(6) |
- | |
Jacarepaguá – ZIN |
33.00 |
138 |
nov/72 |
dez/42 |
(6) |
- | |
Jacuacanga - Brisamar |
44.00 |
138 |
oct/77 |
dez/42 |
(6) |
- | |
Muriqui - Angra (Ampla) |
36.00 |
138 |
apr/71 |
dez/42 |
(6) |
- | |
Muriqui - Brisamar |
20.00 |
138 |
apr/71 |
dez/42 |
(6) |
- | |
Mato Alto - Palmares |
13.00 |
138 |
sept/73 |
dez/42 |
(6) |
- | |
Parque das Emas - Rio Claro |
87.50 |
138 |
jan/77 |
dez/42 |
(6) |
- | |
Rio Verde - Cachoeira Dourada 2 |
174.00 |
138 |
aug/77 |
dez/42 |
(6) |
- | |
Rio Verde - Rio Claro |
87.00 |
138 |
jan/77 |
dez/42 |
(6) |
- | |
Rocha Leão - Magé 1 |
108.00 |
138 |
jan/73 |
dez/42 |
(6) |
- | |
Rocha Leão - Magé 2 |
108.00 |
138 |
jan/73 |
dez/42 |
(6) |
- | |
Santa Cruz - Brisamar 1 |
20.00 |
138 |
oct/77 |
dez/42 |
(6) |
- | |
Santa Cruz - Brisamar 2 |
13.00 |
138 |
apr/71 |
dez/42 |
(6) |
- | |
Santa Cruz - Jacarepaguá |
38.00 |
138 |
oct/72 |
dez/42 |
(6) |
- | |
Santa Cruz - Palmares 1 |
14.00 |
138 |
nov/72 |
dez/42 |
(6) |
- | |
Santa Cruz - Palmares 2 |
14.00 |
138 |
sept/73 |
dez/42 |
(6) |
- | |
Santa Cruz – ZIN |
5.00 |
138 |
nov/72 |
dez/42 |
(6) |
- | |
Santa Cruz - ZIN - Ari Franco |
31.00 |
138 |
dec/67 |
dez/42 |
(6) |
- | |
Santa Cruz - ZIN - Cosmos |
17.00 |
138 |
dec/67 |
dez/42 |
(6) |
- | |
Imbariê São José C1 |
18.00 |
138 |
dec/98 |
dez/42 |
(6) |
- | |
Imbariê São José C2 |
18.00 |
138 |
dec/98 |
dez/42 |
(6) |
- | |
São José - Magé C1 |
46.00 |
138 |
jun/01 |
dez/42 |
(6) |
- | |
São José - Magé C2 |
46.00 |
138 |
jun/01 |
dez/42 |
(6) |
- | |
Campos Usina - Campos SE C1 |
1.00 |
138 |
jul/77 |
dez/42 |
(6) |
- | |
Campos Usina - Campos SE C2 |
1.00 |
138 |
jul/87 |
dez/42 |
(6) |
- | |
Eletrodo de Terra - Foz do Iguaçu 1 |
16.00 |
25 |
apr/85 |
dez/42 |
(6) |
- | |
Eletrodo de Terra - Foz do Iguaçu 2 |
15.00 |
25 |
aug/87 |
dez/42 |
(6) |
- | |
Eletrodo de Terra - Ibiúna 1 |
67.00 |
25 |
apr/85 |
dez/42 |
(6) |
- | |
Eletrodo de Terra - Ibiúna 2 |
67.00 |
25 |
aug/87 |
dez/42 |
(6) |
- | |
Eletrosul |
Areia/Bateias |
220.30 |
525 |
jun/00 |
dez/42 |
11.61 |
IPCA |
Areia / Segredo |
57.80 |
525 |
aug/92 |
dez/42 |
3.05 |
IPCA | |
Areia / Gov. Bento Munhoz 1 |
10.70 |
525 |
sept/80 |
dez/42 |
1.37 |
IPCA | |
Areia / Gov. Bento Munhoz 2 |
10.90 |
525 |
aug/81 |
dez/42 | |||
Areia/Campos Novos |
176.30 |
525 |
sept/82 |
dez/42 |
9.29 |
IPCA | |
Areia/Curitiba |
235.82 |
525 |
jun/00 |
dez/42 |
12.43 |
IPCA | |
Areia/Ivaiporã |
173.20 |
525 |
may/82 |
dez/42 |
9.13 |
IPCA | |
Blumenau / /Curitiba |
135.70 |
525 |
dec/83 |
dez/42 |
7.15 |
IPCA | |
Campos Novos / Caxias |
203.30 |
525 |
dec/01 |
dez/42 |
10.71 |
IPCA | |
Campos Novos / Machadinho |
50.30 |
525 |
jan/02 |
dez/42 |
2.65 |
IPCA | |
Cascavel D'Oeste /Guaíra |
126.20 |
525 |
apr/01 |
dez/42 |
2.78 |
IPCA | |
Caxias / Gravataí |
78.70 |
525 |
dec/01 |
dez/42 |
4.15 |
IPCA | |
Caxias / Itá |
256.00 |
525 |
feb/02 |
dez/42 |
13.49 |
IPCA | |
Curitiba –Bateias |
33.50 |
525 |
jun/00 |
dez/42 |
1.77 |
IPCA | |
Gravataí – Nova Santa Rita |
29.03 |
525 |
apr/06 |
dez/42 |
1.68 |
IPCA | |
Itá – Nova Santa Rita |
314.75 |
525 |
apr/06 |
dez/42 |
16.59 |
IPCA | |
Itá / Machadinho |
70.10 |
525 |
jan/02 |
dez/42 |
4.17 |
IPCA | |
Itá / Salto Santiaug |
186.80 |
525 |
sept/87 |
dez/42 |
9.84 |
IPCA | |
Ivaiporã / Londrina |
121.90 |
525 |
apr/88 |
dez/42 |
6.42 |
IPCA | |
Ivaiporã / Salto Santiaug |
165.55 |
525 |
may/82 |
dez/42 |
8.72 |
IPCA | |
Ivaiporã Eletrosul / Ivaiporã Furnas 1 |
0.79 |
525 |
sept/82 |
dez/42 |
0.16 |
IPCA | |
Ivaiporã Eletrosul / Ivaiporã Furnas 2 |
0.76 |
525 |
feb/92 |
dez/42 | |||
Ivaiporã Eletrosul / Ivaiporã Furnas 3 |
0.76 |
525 |
jun/04 |
dez/42 | |||
Salto Santiaug / Segredo |
60.90 |
525 |
aug/92 |
dez/42 |
3.21 |
IPCA | |
Salto Santiaug/SE Salto Santiaug 1, 2 e 3 |
2.10 |
525 |
aug/92 |
dez/42 |
0.09 |
IPCA | |
Anastácio – Dourados |
210.90 |
230 |
aug/94 |
dez/42 |
4.55 |
IPCA | |
Areia / Ponta Grossa Norte |
181.60 |
230 |
oct/76 |
dez/42 |
3.92 |
IPCA | |
Areia / Salto Osório 1 |
156.27 |
230 |
jan/77 |
dez/42 |
6.74 |
IPCA | |
Areia / Salto Osório 2 |
156.16 |
230 |
dec/76 |
dez/42 | |||
Areia / São Mateus do Sul |
129.00 |
230 |
jul/90 |
dez/42 |
2.78 |
IPCA | |
Assis / Londrina Copel |
114.30 |
230 |
mar/79 |
dez/42 |
2.47 |
IPCA | |
Atlândida 2 / Osório 2 |
36.00 |
230 |
may/07 |
dez/42 |
0.97 |
IPCA | |
Atlântida 2/Gravataí 3 |
100.17 |
230 |
apr/08 |
dez/42 |
2.16 |
IPCA | |
Biguaçu – Gaspar |
110.00 |
230 |
mar/15 |
dez/42 |
2.28 |
IPCA | |
Biguaçu – Desterro (Continente) |
56.58 |
230 |
dec/08 |
dez/42 |
1.22 |
IPCA | |
Biguaçu –Jorge Lacerda B |
129.50 |
230 |
oct/80 |
dez/42 |
2.80 |
IPCA | |
Biguaçu –Palhoça |
20.40 |
230 |
oct/08 |
dez/42 |
0.55 |
IPCA | |
Blumenau – Itajaí 1 |
37.55 |
230 |
jan/02 |
dez/42 |
1.28 |
IPCA | |
Blumenau – Itajaí 2 |
37.55 |
230 |
mar/02 |
dez/42 | |||
Blumenau – Joinville |
67.00 |
230 |
sept/79 |
dez/42 |
1.45 |
IPCA | |
Blumenau – Joinville Norte |
72.85 |
230 |
apr/79 |
dez/42 |
1.57 |
IPCA | |
Campo Mourão / Apucarana |
114.50 |
230 |
feb/76 |
dez/42 |
2.47 |
IPCA | |
Campo Mourão /Maringá |
79.90 |
230 |
feb/76 |
dez/42 |
1.72 |
IPCA | |
Campo Mourão /Salto Osório 1 |
181.20 |
230 |
feb/76 |
dez/42 |
7.83 |
IPCA | |
Campo Mourão /Salto Osório 2 |
181.30 |
230 |
may/76 |
dez/42 | |||
Canoinhas /São Mateus do Sul |
47.70 |
230 |
feb/88 |
dez/42 |
1.03 |
IPCA | |
Cascavel /Cascavel D'Oeste |
9.90 |
230 |
apr/01 |
dez/42 |
0.26 |
IPCA | |
Caxias / Caxias 5 |
22.49 |
230 |
jun/09 |
dez/42 |
0.53 |
IPCA | |
Curitiba /Joinville Norte |
96.36 |
230 |
nov/76 |
dez/42 |
2.08 |
IPCA | |
Curitiba /São Mateus do Sul |
116.70 |
230 |
jul/90 |
dez/42 |
2.52 |
IPCA | |
Curitiba –Joinville |
99.70 |
230 |
jun/77 |
dez/42 |
2.15 |
IPCA | |
Dourados –Guaíra |
226.50 |
230 |
nov/91 |
dez/42 |
4.89 |
IPCA | |
El Dorado / Guaíra |
16.90 |
230 |
oct/82 |
dez/42 |
0.32 |
IPCA | |
Farroupilha /Caxias 5 |
17.90 |
230 |
oct/05 |
dez/42 |
0.43 |
IPCA | |
Farroupilha /Monte Claro |
30.96 |
230 |
sept/04 |
dez/42 |
1.34 |
IPCA | |
Farroupilha /Monte Claro2 |
31.00 |
230 |
sept/04 |
dez/42 | |||
Monte Claro – Passo Fundo |
211.50 |
230 |
sept/04 |
dez/42 | |||
Gaspar/Palhoça |
118.33 |
230 |
jan/84 |
dez/42 |
2.89 |
IPCA | |
Gaspar/Blumenau |
15.57 |
230 |
jan/84 |
dez/42 | |||
Gaspar/Blumenau |
15.00 |
230 |
mar/15 |
dez/42 |
0.24 |
IPCA | |
Gravataí 3/Seccionamento LT Gravataí 2 - CIAG (2 x 3,2 km em CS) |
6.40 |
230 |
nov/07 |
dez/42 |
0.06 |
IPCA | |
Joinville – Joinville Norte |
5.27 |
230 |
nov/76 |
dez/42 |
0.14 |
IPCA | |
Joinville / Vega do Sul 1 |
44.10 |
230 |
nov/02 |
dez/42 |
1.50 |
IPCA | |
Joinville / Vega do Sul 2 |
44.10 |
230 |
nov/02 |
dez/42 | |||
Jorge Lacerda "B"/ Palhoça |
120.60 |
230 |
aug/05 |
dez/42 |
2.60 |
IPCA | |
Jorge Lacerda / Siderópolis 1 |
49.40 |
230 |
jun/79 |
dez/42 |
2.09 |
IPCA | |
Jorge Lacerda / Siderópolis 2 |
47.30 |
230 |
aug/79 |
dez/42 | |||
Jorge Lacerda A / Jorge Lacerda B 2 |
0.80 |
230 |
oct/07 |
dez/42 |
0.04 |
IPCA | |
Jorge Lacerda A /Jorge Lacerda |
0.80 |
230 |
dec/79 |
dez/42 | |||
Jorge Lacerda B / Jorge Lacerda C 1 |
0.50 |
230 |
feb/97 |
dez/42 |
0.02 |
IPCA | |
Jorge Lacerda B / Jorge Lacerda C 2 |
0.50 |
230 |
feb/97 |
dez/42 | |||
Lajeado Grande / Caxias 5 |
65.60 |
230 |
oct/05 |
dez/42 |
1.42 |
IPCA | |
Lajeado Grande / Forquilhinha |
116.50 |
230 |
sept/03 |
dez/42 |
0.30 |
IPCA | |
Londrina – Apucarana |
40.40 |
230 |
apr/88 |
dez/42 |
0.87 |
IPCA | |
Londrina Eletrosul / Londrina Copel |
31.60 |
230 |
apr/88 |
dez/42 |
0.68 |
IPCA | |
Londrina(Eletrosul) / Assis |
156.50 |
230 |
may/05 |
dez/42 |
3.38 |
IPCA | |
Londrina(Eletrosul) / Maringá |
95.30 |
230 |
may/05 |
dez/42 |
2.06 |
IPCA | |
Monte Claro – Nova Prata |
19.90 |
230 |
sept/04 |
dez/42 |
1.20 |
IPCA | |
Passo Fundo – Xanxerê 1 |
79.30 |
230 |
may/75 |
dez/42 |
3.42 |
IPCA | |
Passo Fundo – Xanxerê 2 |
79.20 |
230 |
nov/79 |
dez/42 | |||
Passo Fundo / Nova Prata 2 |
188.10 |
230 |
nov/92 |
dez/42 |
8.33 |
IPCA | |
Passo Fundo / Passo Fundo 1 |
0.45 |
230 |
mar/73 |
dez/42 |
0.02 |
IPCA | |
Passo Fundo / Passo Fundo 2 |
0.45 |
230 |
may/73 |
dez/42 | |||
Salto Osório – Xanxerê |
162.00 |
230 |
oct/75 |
dez/42 |
3.50 |
IPCA | |
Salto Osório / Pato Branco |
85.90 |
230 |
dec/79 |
dez/42 |
1.85 |
IPCA | |
Salto Osório / Salto Osório (1 a 6) |
2.28 |
230 |
nov/75 |
dez/42 |
0.05 |
IPCA | |
Siderópolis / Forquilhinha |
27.60 |
230 |
oct/11 |
dez/42 |
0.30 |
IPCA | |
Xanxerê / Pato Branco |
79.60 |
230 |
dec/79 |
dez/42 |
1.72 |
IPCA | |
Anastácio / Aquidauana 1 |
11.10 |
138 |
nov/06 |
dez/42 |
0.31 |
IPCA | |
Anastácio / Aquidauana 2 |
11.10 |
138 |
nov/06 |
dez/42 | |||
Araquari/Joinville GM |
19.20 |
138 |
may/12 |
dez/42 |
0.28 |
IPCA | |
Biguaçu – Florianópolis |
19.50 |
138 |
feb/02 |
dez/42 |
0.60 |
IPCA | |
Biguaçu/ Florianópolis 2 |
19.50 |
138 |
oct/90 |
dez/42 | |||
Biguaçu/Itajaí Fazenda |
58.40 |
138 |
oct/90 |
dez/42 |
0.98 |
IPCA | |
Biguaçu/Tijucas |
27.28 |
138 |
feb/02 |
dez/42 |
0.51 |
IPCA | |
Blumenau / Ilhota |
40.20 |
138 |
oct/88 |
dez/42 |
0.77 |
IPCA | |
Blumenau / Gaspar |
29.00 |
138 |
sept/89 |
dez/42 | |||
Campo Grande / Mimoso 1 |
108.30 |
138 |
oct/83 |
dez/42 |
4.61 |
IPCA | |
Campo Grande / Mimoso 3 |
108.30 |
138 |
sept/83 |
dez/42 | |||
Campo Grande / Mimoso 4 |
108.30 |
138 |
sept/83 |
dez/42 | |||
Dourados das Nações / Ivinhema |
94.70 |
138 |
dec/83 |
dez/42 |
0.25 |
IPCA | |
Florianópolis / Palhoça 1 |
9.60 |
138 |
nov/83 |
dez/42 |
1.41 |
IPCA | |
Florianópolis / Palhoça 2 |
9.60 |
138 |
nov/83 |
dez/42 | |||
Ilhota – Picarras |
14.80 |
138 |
apr/94 |
dez/42 |
0.28 |
IPCA | |
Ilhota / Itajaí 1 |
7.89 |
138 |
mar/02 |
dez/42 |
0.15 |
IPCA | |
Ilhota / Itajaí 2 |
7.89 |
138 |
jan/02 |
dez/42 | |||
Ilhota/Araquari Hyosung |
47.65 |
138 |
sept/11 |
dez/42 |
0.71 |
IPCA | |
Ilhota/Gaspar |
11.20 |
138 |
oct/88 |
dez/42 |
0.21 |
IPCA | |
Itajaí / Camboriú Morro do Boi |
13.31 |
138 |
feb/02 |
dez/42 |
0.27 |
IPCA | |
Itajaí / Itajaí Fazenda |
5.35 |
138 |
mar/02 |
dez/42 |
0.10 |
IPCA | |
Ivinhema / Ivinhema2 |
30.00 |
138 |
mar/82 |
jan/44 |
0.36 |
IPCA | |
Ivinhema2 / Nova Andradina |
27.09 |
138 |
mar/82 |
dez/42 |
0.31 |
IPCA | |
Nova Andradina / Porto Primavera |
33.91 |
138 |
mar/82 |
dez/42 |
0.68 |
IPCA | |
Joinville / Joinville Santa Catarina |
10.00 |
138 |
oct/99 |
dez/42 |
0.21 |
IPCA | |
Joinville Santa Catarina / Picarras |
49.00 |
138 |
oct/99 |
dez/42 |
0.95 |
IPCA | |
Joinville/Joinville GM |
8.63 |
138 |
may/12 |
dez/42 |
0.19 |
IPCA | |
Jorge Lacerda A / Imbituba |
45.70 |
138 |
oct/80 |
dez/42 |
0.87 |
IPCA | |
Jorge Lacerda A / Palhoça |
108.60 |
138 |
oct/83 |
dez/42 |
2.07 |
IPCA | |
Jupiá – Mimoso 1 |
218.70 |
138 |
feb/92 |
dez/42 |
4.17 |
IPCA | |
Jupiá – Mimoso 3 |
218.70 |
138 |
jan/82 |
dez/42 |
2.57 |
IPCA | |
Jupiá – Mimoso 4 |
218.70 |
138 |
jan/82 |
dez/42 |
2.57 |
IPCA | |
Palhoça/Palhoça Pinheira |
21.66 |
138 |
mar/82 |
dez/42 |
0.35 |
IPCA | |
Palhoça Pinheira/Imbituba |
52.34 |
138 |
mar/82 |
dez/42 |
0.96 |
IPCA | |
Tijucas/Camboríu Morro do Boi |
23.13 |
138 |
feb/02 |
dez/42 |
0.45 |
IPCA | |
Salto Osório / Salto Santiaug |
56.20 |
69 |
oct/78 |
dez/42 |
- |
IPCA | |
(1) Last readjust on 7/01/2016 (2) Lines in Isolated System (3) Exclusive use of Generating Eletronorte. (4) The line has not yet been transferred to Eletronorte (5) These Transmission Lines are part of Concession Agreement No. 061/2001 which also include the substations listed below. The amount of active RAP related to this agreement, adjusted on 07/17/2016, is R $ 833,863,957.06. (6) These Transmission Lines are part of Concession Agreement No. 062/2001 which also include the substations listed below. The amount of active RAP related to this agreement, readjusted on 06/01/2016, is R $ 983,043,089.94. | |||||||
| |||||||
|
69
Marketletter 4Q16
VII.4 Substation
V.4.1 Substation - Eneterprises renewed in terms of 12,783/13 Law
Eletrobras Companies |
SS |
Transformation Capacity (MVA) |
Location (State) |
Beginning of Operation |
End of Concession |
AAR on 12.31.16 (R$ million)(1) |
Readjustment Index |
Eletronorte |
Altamira |
180,3 |
PA |
jun/98 |
dez/42 |
2,70 |
9,40% |
Cametá |
23,6 |
PA |
ago/98 |
dez/42 |
0,53 |
9,40% | |
Carajás |
0,3 |
PA |
nov/06 |
dez/42 |
0,95 |
9,40% | |
Castanhal |
- |
0 |
jan/00 |
jan/00 |
0,37 |
9,40% | |
Guamá |
454,0 |
PA |
dez/81 |
dez/42 |
3,27 |
9,40% | |
Marabá |
1.063,8 |
PA |
out/81 |
dez/42 |
13,64 |
9,40% | |
Miramar |
- |
0 |
jan/00 |
jan/00 |
0,22 |
9,40% | |
Rurópolis |
300,6 |
PA |
dez/98 |
dez/42 |
3,93 |
9,40% | |
Santa Maria |
600,2 |
PA |
set/95 |
dez/42 |
4,57 |
9,40% | |
Tucuruí |
969,0 |
PA |
out/81 |
dez/42 |
22,23 |
9,40% | |
Transamazônica |
60,3 |
PA |
dez/98 |
dez/42 |
0,78 |
9,40% | |
Tucuruí-Vila |
58,4 |
PA |
jun/99 |
dez/42 |
0,94 |
9,40% | |
Utinga |
602,0 |
PA |
dez/81 |
dez/42 |
4,30 |
9,40% | |
Vila do Conde |
3.817,4 |
PA |
dez/81 |
dez/42 |
24,51 |
9,40% | |
Integradora |
- |
PA |
jul/13 |
dez/42 |
0,47 |
9,40% | |
São Luis I |
401,7 |
MA |
dez/82 |
dez/42 |
4,69 |
9,40% | |
São Luis II |
2.829,0 |
MA |
dez/82 |
dez/42 |
28,58 |
9,40% | |
Miranda II |
500,6 |
MA |
jun/98 |
dez/42 |
5,77 |
9,40% | |
Peritoró |
300,1 |
MA |
dez/82 |
dez/42 |
3,79 |
9,40% | |
Presidente Dutra |
721,0 |
MA |
dez/82 |
dez/42 |
16,33 |
9,40% | |
Coelho Neto |
130,0 |
MA |
jan/00 |
dez/42 |
1,35 |
9,40% | |
Imperatriz |
1.842,2 |
MA |
dez/82 |
dez/42 |
19,13 |
9,40% | |
Porto Franco |
399,5 |
MA |
fev/94 |
dez/42 |
4,09 |
9,40% | |
Colinas |
1,5 |
TO |
mar/99 |
dez/42 |
2,82 |
9,40% | |
Miracema |
362,5 |
TO |
mar/99 |
dez/42 |
9,11 |
9,40% | |
Barra do peixe |
150,6 |
MT |
nov/93 |
dez/42 |
6,21 |
9,40% | |
Cocto Magalhães |
15,1 |
MT |
out/81 |
dez/42 |
0,97 |
9,40% | |
Coxipó |
571,2 |
MT |
jul/87 |
dez/42 |
7,55 |
9,40% | |
Jauru |
600,5 |
MT |
jun/03 |
dez/42 |
2,29 |
9,40% | |
Nobres |
- |
0 |
jan/00 |
jan/00 |
0,38 |
9,40% | |
Nova Mutum |
60,6 |
MT |
set/96 |
dez/42 |
1,03 |
9,40% | |
Rondonopolis |
400,9 |
MT |
jul/83 |
dez/42 |
6,64 |
0,09 | |
Sinop |
356,0 |
MT |
set/96 |
dez/42 |
5,27 |
0,09 | |
Sorriso |
60,6 |
MT |
set/96 |
dez/42 |
1,28 |
9,40% | |
Epitaciolândia |
22,1 |
AC |
mar/08 |
dez/42 |
(2) |
(2) | |
Sena Madureira |
18,8 |
AC |
out/08 |
dez/42 |
(2) |
(2) | |
Rio Branco |
423,0 |
AC |
nov/12 |
dez/42 |
6,11 |
9,40% | |
Ariquemes |
120,3 |
RO |
ago/94 |
dez/42 |
1,42 |
9,40% | |
Ji-Paraná |
380,6 |
RO |
set/94 |
dez/42 |
5,85 |
9,40% | |
Porto Velho |
525,6 |
RO |
jul/89 |
dez/42 |
3,38 |
9,40% | |
Abunã |
110,6 |
RO |
mai/02 |
dez/42 |
2,26 |
9,40% | |
Samuel |
0,3 |
RO |
jul/89 |
dez/42 |
0,39 |
9,40% | |
Pimenta Bueno |
110,6 |
RO |
jun/08 |
dez/42 |
3,65 |
0,09 | |
Vilhena |
120,6 |
RO |
out/08 |
dez/42 |
3,89 |
0,09 | |
Jaru |
90,2 |
RO |
set/97 |
dez/42 |
1,90 |
0,09 | |
Coaracy Nunes |
40,1 |
AP |
nov/75 |
dez/42 |
(2) |
(2) | |
Portuária |
20,0 |
AP |
abr/96 |
dez/42 |
(2) |
(2) | |
Amapá |
10,1 |
AP |
dez/01 |
dez/42 |
(2) |
(2) | |
Tartarugalzinho |
40,2 |
AP |
jun/00 |
dez/42 |
(2) |
(2) | |
Calçoene |
10,1 |
AP |
mai/02 |
dez/42 |
(2) |
(2) | |
Santana |
120,5 |
AP |
out/75 |
dez/42 |
(2) |
(2) | |
Santa Rita |
80,0 |
AP |
dez/07 |
dez/42 |
(2) |
(2) | |
Equatorial |
80,0 |
AP |
ago/00 |
dez/42 |
(2) |
(2) | |
Macapá II |
53,4 |
AP |
nov/96 |
dez/42 |
(2) |
(2) | |
Boa Vista |
301,7 |
RR |
jul/01 |
dez/42 |
1,00 |
- | |
Chesf |
SS Elev. Usina Apolonio Sales |
480,0 |
AL |
fev/77 |
dez/42 |
(5) |
- |
SS Elev. Usina Luiz Gonzaga |
1.665,0 |
PE |
mai/88 |
dez/42 |
(5) |
- | |
SS Elev. Usina Paulo Afonso I |
202,5 |
BA |
jan/55 |
dez/42 |
(5) |
- | |
SS Elev. Usina Paulo Afonso II |
495,0 |
BA |
jan/62 |
dez/42 |
(5) |
- | |
SS Elev. Usina Paulo Afonso III |
960,0 |
BA |
jan/71 |
dez/42 |
(5) |
- | |
SS Elev. Usina Paulo Afonso IV |
2.700,0 |
BA |
nov/79 |
dez/42 |
(5) |
- | |
SS Elev. Usina Xingó |
3.330,0 |
SE |
nov/94 |
dez/42 |
(5) |
- | |
SS Elev. Usina de Araras |
5,0 |
CE |
fev/60 |
dez/42 |
(5) |
- | |
SS Elev. Usina B. Esperança |
280,0 |
PI |
mar/70 |
dez/42 |
(5) |
- | |
SS Elev. Usina de Funil |
43,2 |
BA |
jan/59 |
dez/42 |
(5) |
- | |
SS Elev. Usina de Pedra |
27,0 |
BA |
nov/78 |
dez/42 |
(5) |
- | |
SS Pau Ferro |
301,0 |
PE |
ago/02 |
dez/42 |
(5) |
- | |
SS Paraiso |
200,0 |
RN |
fev/04 |
dez/42 |
(5) |
- | |
SS Bom Nome |
388,0 |
PE |
out/63 |
dez/42 |
(5) |
- | |
SS Irecê |
229,0 |
BA |
set/81 |
dez/42 |
(5) |
- | |
SS Milagres |
2.120,0 |
CE |
jan/64 |
dez/42 |
(5) |
- | |
SS Mirueira |
401,0 |
PE |
ago/78 |
dez/42 |
(5) |
- | |
SS Moxotó |
20,0 |
BA |
jan/72 |
dez/42 |
(5) |
- | |
SS Mulungú |
10,0 |
BA |
mai/75 |
dez/42 |
(5) |
- | |
SS Pilões II |
- |
PB |
out/12 |
dez/42 |
(5) |
- | |
SS Coteminas |
- |
PB |
dez/09 |
dez/42 |
(5) |
- | |
SS Brotas de Macaubas |
- |
BA |
jul/12 |
dez/42 |
(5) |
- | |
SS Tacaratu (4) |
- |
PE |
dez/14 |
dez/42 |
(5) |
- | |
SS Quixerê (4) |
- |
CE |
nov/14 |
dez/42 |
(5) |
- | |
SS Campo Formoso |
- |
BA |
dez/15 |
dez/42 |
(5) |
- | |
SS Jaguarari |
- |
BA |
jan/80 |
dez/42 |
(5) |
- | |
SS Sapeaçu (3) |
- |
BA |
mai/03 |
dez/42 |
(5) |
- | |
SS Sobradinho |
900,0 |
BA |
out/79 |
dez/42 |
(5) |
- | |
SS Sobral II |
400,0 |
CE |
nov/73 |
dez/42 |
(5) |
- | |
SS Tacaimbó |
301,0 |
PE |
jun/85 |
dez/42 |
(5) |
- | |
SS Cícero Dantas |
101,0 |
BA |
mai/56 |
dez/42 |
(5) |
- | |
SS Açu II |
378,0 |
RN |
nov/89 |
dez/42 |
(5) |
- | |
SS Angelim |
310,0 |
PE |
jan/56 |
dez/42 |
(5) |
- | |
SS Angelim II |
- |
PE |
jan/80 |
dez/42 |
(5) |
- | |
SS Bongi |
530,0 |
PE |
mai/56 |
dez/42 |
(5) |
- | |
SS Campina Grande II |
410,0 |
PB |
mai/64 |
dez/42 |
(5) |
- | |
SS Itapebi |
- |
BA |
jan/03 |
dez/42 |
(5) |
- | |
SS Funil |
550,0 |
BA |
jan/56 |
dez/42 |
(5) |
- | |
SS SSnhor Do Bonfim II |
433,3 |
BA |
mai/81 |
dez/42 |
(5) |
- | |
SS Eunápolis |
400,0 |
BA |
set/98 |
dez/42 |
(5) |
- | |
SS Picos |
173,0 |
PI |
jul/92 |
dez/42 |
(5) |
- | |
SS Modelo Reduzido |
12,5 |
BA |
jan/67 |
dez/42 |
(5) |
- | |
SS Mossoró II |
400,0 |
RN |
jan/77 |
dez/42 |
(5) |
- | |
SS Barreiras |
401,0 |
BA |
jun/96 |
dez/42 |
(5) |
- | |
SS Sto. Antonio de Jesus |
301,0 |
BA |
mar/97 |
dez/42 |
(5) |
- | |
SS Icó |
200,0 |
CE |
mai/97 |
dez/42 |
(5) |
- | |
SS Mussuré II |
401,0 |
PB |
mar/79 |
dez/42 |
(5) |
- | |
SS Paulo Afonso |
- |
AL |
mar/74 |
dez/42 |
(5) |
- | |
SS Penedo |
302,0 |
AL |
mai/97 |
dez/42 |
(5) |
- | |
SS Cauípe |
201,0 |
CE |
mar/01 |
dez/42 |
(5) |
- | |
SS Pici II |
400,0 |
CE |
mai/05 |
dez/42 |
(5) |
- | |
SS Piripiri |
330,0 |
PI |
ago/73 |
dez/42 |
(5) |
- | |
SS Pituaçu |
402,0 |
BA |
mar/83 |
dez/42 |
(5) |
- | |
SS Santa Cruz II |
100,0 |
RN |
mar/63 |
dez/42 |
(5) |
- | |
SS Banabuiú |
121,0 |
CE |
jan/64 |
dez/42 |
(5) |
- | |
SS Currais Novos II |
103,0 |
RN |
nov/75 |
dez/42 |
(5) |
- | |
SS Santana dos Matos II |
50,0 |
RN |
nov/75 |
dez/42 |
(5) |
- | |
SS Coremas |
300,0 |
PB |
dez/90 |
dez/42 |
(5) |
- | |
SS Fortaleza |
405,0 |
CE |
jan/64 |
dez/42 |
(5) |
- | |
SS Joairam |
451,0 |
PE |
jul/06 |
dez/42 |
(5) |
- | |
SS Juazeiro da Bahia II |
402,0 |
BA |
abr/81 |
dez/42 |
(5) |
- | |
SS Matatu |
380,0 |
BA |
jan/65 |
dez/42 |
(5) |
- | |
SS Natal II |
401,0 |
RN |
jan/79 |
dez/42 |
(5) |
- | |
SS Itabaianinha |
240,0 |
SE |
fev/96 |
dez/42 |
(5) |
- | |
SS Pirapama II |
400,0 |
PE |
fev/72 |
dez/42 |
(5) |
- | |
SS Russas II |
300,0 |
CE |
nov/82 |
dez/42 |
(5) |
- | |
SS Elizeu Martins |
101,0 |
PI |
jan/06 |
dez/42 |
(5) |
- | |
SS Boa Esperança 230 Kv |
127,0 |
PI |
mar/70 |
dez/42 |
(5) |
- | |
SS Boa Esperança 500 Kv |
300,0 |
PI |
nov/80 |
dez/42 |
(5) |
- | |
SS Xingó 500 Kv |
- |
SE |
nov/94 |
dez/42 |
(5) |
- | |
SS Paulo Afonso IV |
1.200,0 |
AL |
jan/79 |
dez/42 |
(5) |
- | |
SS Recife II |
2.410,0 |
PE |
jan/79 |
dez/42 |
(5) |
- | |
SS S. João do Piaui |
418,0 |
PI |
nov/80 |
dez/42 |
(5) |
- | |
SS Zebu |
38,0 |
AL |
nov/76 |
dez/42 |
(5) |
- | |
SS Abaixadora |
110,0 |
BA |
out/67 |
dez/42 |
(5) |
- | |
SS Bom Jesus da Lapa |
162,0 |
BA |
set/81 |
dez/42 |
(5) |
- | |
SS Gov. Mangabeira |
200,0 |
BA |
mar/60 |
dez/42 |
(5) |
- | |
SS Quixadá |
- |
CE |
jul/03 |
dez/42 |
(5) |
- | |
SS Jacaracanga |
301,0 |
BA |
jan/82 |
dez/42 |
(5) |
- | |
SS Ribeirão |
400,0 |
PE |
out/94 |
dez/42 |
(5) |
- | |
SS Rio Largo II |
301,0 |
AL |
dez/62 |
dez/42 |
(5) |
- | |
SS Messias |
1.201,0 |
AL |
nov/94 |
dez/42 |
(5) |
- | |
SS Camaçari II |
2.605,0 |
BA |
jan/79 |
dez/42 |
(5) |
- | |
SS Catu |
300,0 |
BA |
mai/56 |
dez/42 |
(5) |
- | |
SS Cotegipe |
302,0 |
BA |
jan/56 |
dez/42 |
(5) |
- | |
SS Teresina |
590,0 |
PI |
abr/70 |
dez/42 |
(5) |
- | |
SS Fortaleza II |
1.800,0 |
CE |
mai/00 |
dez/42 |
(5) |
- | |
SS Goianinha |
300,0 |
PE |
jan/61 |
dez/42 |
(5) |
- | |
SS Teresina II |
900,0 |
PI |
mai/00 |
dez/42 |
(5) |
- | |
SS Delmiro Gouveia |
401,0 |
CE |
jun/89 |
dez/42 |
(5) |
- | |
SS Maceió |
400,0 |
AL |
set/02 |
dez/42 |
(5) |
- | |
SS Itabaiana |
223,0 |
SE |
mai/57 |
dez/42 |
(5) |
- | |
SS Itaparica |
10,0 |
PE |
jan/83 |
dez/42 |
(5) |
- | |
SS Jardim |
1.601,0 |
SE |
ago/79 |
dez/42 |
(5) |
- | |
SS Sobral III |
1.200,0 |
CE |
abr/00 |
dez/42 |
(5) |
- | |
SS Xingó 69 Kv |
12,5 |
SE |
jan/87 |
dez/42 |
(5) |
- | |
SS Olindina |
40,0 |
BA |
abr/80 |
dez/42 |
(5) |
- | |
SS Luiz Gonzaga 500kv |
- |
PE |
mai/88 |
dez/42 |
(5) |
- | |
SS Floresta II (4) |
- |
PE |
out/14 |
- |
(5) |
- | |
Furnas (7) |
Adrianópolis |
3.290,0 |
RJ |
nov/70 |
dez/42 |
(6) |
- |
Angra |
974,6 |
RJ |
abr/71 |
dez/42 |
(6) |
- | |
Araraquara |
- |
SP |
abr/76 |
dez/42 |
(6) |
- | |
Bandeirantes |
1.433,3 |
GO |
out/72 |
dez/42 |
(6) |
- | |
Barro Alto |
183,0 |
GO |
mar/82 |
dez/42 |
(6) |
- | |
Brasília Geral |
300,0 |
DF |
fev/60 |
dez/42 |
(6) |
- | |
Brasília Sul |
2.094,2 |
DF |
mar/73 |
dez/42 |
(6) |
- | |
Cachoeira Paulista |
583,3 |
SP |
out/76 |
dez/42 |
(6) |
- | |
Campinas |
1.970,0 |
SP |
set/72 |
dez/42 |
(6) |
- | |
Campos |
1.283,3 |
RJ |
fev/73 |
dez/42 |
(6) |
- | |
Foz do Iguaçu |
15.968,0 |
PR |
dez/82 |
dez/42 |
(6) |
- | |
Grajaú |
2.800,0 |
RJ |
dez/79 |
dez/42 |
(6) |
- | |
Guarulhos |
- |
SP |
set/63 |
dez/42 |
(6) |
- | |
Gurupi |
- |
TO |
mar/99 |
dez/42 |
(6) |
- | |
Ibiúna |
12.050,4 |
SP |
abr/84 |
dez/42 |
(6) |
- | |
Imbariê |
- |
RJ |
out/68 |
dez/42 |
(6) |
- | |
Iriri |
- |
RJ |
out/09 |
dez/42 |
(6) |
- | |
Itabera |
- |
SP |
set/82 |
dez/42 |
(6) |
- | |
Itutinga |
- |
MG |
abr/67 |
dez/42 |
(6) |
- | |
Ivaiporã |
10.956,0 |
PR |
out/82 |
dez/42 |
(6) |
- | |
Jacarepaguá |
1.350,0 |
RJ |
dez/67 |
dez/42 |
(6) |
- | |
Macaé |
- |
RJ |
nov/01 |
dez/42 |
(6) |
- | |
Mogi das Cruzes |
1.166,7 |
SP |
mar/64 |
dez/42 |
(6) |
- | |
Niquelândia |
- |
GO |
out/99 |
dez/42 |
(6) |
- | |
Pirineus |
- |
GO |
nov/06 |
dez/42 |
(6) |
- | |
Poços de Caldas |
1.846,7 |
MG |
set/63 |
dez/42 |
(6) |
- | |
Resende |
- |
RJ |
abr/09 |
dez/42 |
(6) |
- | |
Rio Verde |
333,3 |
GO |
dez/75 |
dez/42 |
(6) |
- | |
Rocha Leão |
- |
RJ |
dez/72 |
dez/42 |
(6) |
- | |
Samambaia |
4.250,0 |
DF |
mar/98 |
dez/42 |
(6) |
- | |
São José |
2.600,0 |
RJ |
ago/91 |
dez/42 |
(6) |
- | |
Tijuco Preto |
17.014,7 |
SP |
set/82 |
dez/42 |
(6) |
- | |
Viana |
750,0 |
ES |
dez/05 |
dez/42 |
(6) |
- | |
Vitória |
969,2 |
ES |
nov/78 |
dez/42 |
(6) |
- | |
Corumbá |
556,0 |
GO |
mar/97 |
dez/42 |
(6) |
- | |
Funil |
300,0 |
RJ |
dez/69 |
dez/42 |
(6) |
- | |
Furnas |
1.399,2 |
MG |
set/63 |
dez/42 |
(6) |
- | |
Luiz C. Barreto |
1.333,3 |
SP |
mar/69 |
dez/42 |
(6) |
- | |
Marimbondo |
2.393,3 |
MG |
ago/75 |
dez/42 |
(6) |
- | |
Porto Colômbia |
425,0 |
MG |
jul/73 |
dez/42 |
(6) |
- | |
SS Barreiro / Cemig |
350,0 |
MG |
jan/63 |
dez/42 |
(6) |
- | |
SS Ouro Preto / Cemig |
533,3 |
MG |
fev/04 |
dez/42 |
(6) |
- | |
HPU Água Vermelha / AES Rio Grande |
1.000,0 |
MG |
jan/02 |
dez/42 |
(6) |
- | |
HPU Cachoeira Dourada / Celg |
160,0 |
GO |
jan/86 |
dez/42 |
(6) |
- | |
Margem Direita (HPU Itaipu) / Ande |
7,0 |
Hernandarias/Paraguai |
abr/83 |
dez/42 |
(6) |
- | |
Eletrosul |
Alegrete |
83,0 |
RS |
mai/71 |
dez/42 |
2,43 |
IPCA |
Anastácio |
150,0 |
MS |
ago/94 |
dez/42 |
2,34 |
IPCA | |
Areia |
672,0 |
PR |
ago/80 |
dez/42 |
14,04 |
IPCA | |
Assis (8) |
336,0 |
SP |
mar/79 |
dez/42 |
3,73 |
IPCA | |
Atlântida 2 |
249,0 |
RS |
mai/07 |
dez/42 |
3,58 |
IPCA | |
Biguaçu |
300,0 |
SC |
abr/08 |
dez/42 |
4,89 |
IPCA | |
Blumenau |
1.962,0 |
SC |
abr/79 |
dez/42 |
18,90 |
IPCA | |
Campos Novos |
2.466,0 |
SC |
set/82 |
dez/42 |
21,92 |
IPCA | |
Canoinhas |
375,0 |
SC |
fev/88 |
dez/42 |
3,27 |
IPCA | |
Caxias |
2.016,0 |
RS |
dez/01 |
dez/42 |
17,54 |
IPCA | |
Caxias 5 (8) |
215,0 |
RS |
jun/05 |
dez/42 |
4,31 |
IPCA | |
Charqueadas |
88,0 |
RS |
jan/72 |
dez/42 |
3,21 |
IPCA | |
Curitiba |
1.344,0 |
PR |
out/80 |
dez/42 |
15,72 |
IPCA | |
Desterro |
150,0 |
SC |
dez/08 |
dez/42 |
2,32 |
IPCA | |
Dourados |
300,0 |
MS |
nov/87 |
dez/42 |
5,06 |
IPCA | |
Farroupilha |
88,0 |
RS |
jun/73 |
dez/42 |
4,24 |
IPCA | |
Florianópolis |
75,0 |
SC |
dez/74 |
dez/42 |
2,45 |
IPCA | |
Gravataí |
2.016,0 |
RS |
set/82 |
dez/42 |
16,93 |
IPCA | |
Gravataí 3 |
165,0 |
RS |
nov/07 |
dez/42 |
3,09 |
IPCA | |
Ilhota |
100,0 |
SC |
dez/76 |
dez/42 |
5,10 |
IPCA | |
Itajaí |
450,0 |
SC |
jan/02 |
dez/42 |
5,56 |
IPCA | |
Joinville |
691,0 |
SC |
nov/74 |
dez/42 |
9,73 |
IPCA | |
Joinville Norte |
300,0 |
SC |
jun/09 |
dez/42 |
4,19 |
IPCA | |
Jorge Lacerda "A" |
399,8 |
SC |
jun/73 |
dez/42 |
7,06 |
IPCA | |
Londrina |
1.344,0 |
PR |
abr/88 |
dez/42 |
11,15 |
IPCA | |
Nova Santa Rita |
2.016,0 |
RS |
ago/09 |
dez/42 |
16,25 |
IPCA | |
Palhoça |
384,0 |
SC |
jan/84 |
dez/42 |
6,99 |
IPCA | |
Passo Fundo |
168,0 |
RS |
nov/92 |
dez/42 |
5,38 |
IPCA | |
Salto Osório |
33,3 |
PR |
out/75 |
dez/42 |
3,61 |
IPCA | |
Salto Santiaug |
15,0 |
PR |
nov/80 |
dez/42 |
6,21 |
IPCA | |
Santo Ângelo |
1.344,0 |
RS |
dez/99 |
dez/42 |
15,82 |
IPCA | |
Siderópolis |
352,0 |
SC |
abr/75 |
dez/42 |
4,61 |
IPCA | |
Tapera 2 |
166,0 |
RS |
mar/05 |
dez/42 |
2,18 |
IPCA | |
Xanxerê |
600,0 |
SC |
jun/83 |
dez/42 |
5,30 |
IPCA | |
(1) Last readjustment on 07/01/2016 |
|||||||
(2) Substation in Isolated System. |
|||||||
(3) Substations belonging to third parties in which Chesf has its own equipment installed with at least one line input. | |||||||
4) Substations transferred to Chesf by donation by accessory, according to contractual clause between ANEEL and the agents that needed to build these facilities. | |||||||
5) These Substations are part of Concession Agreement No. 061/2001 which also include the Transmission Lines listed above. The amount of active RAP related to this agreement, adjusted on 07/17/2016, is R $ 833,863,957.06. | |||||||
(6) These Substations are part of Concession Agreement No. 062/2001 which also include the Transmission Lines listed above. The amount of active RAP related to this agreement, readjusted on 06/01/2016, is R $ 983,043,089.94. | |||||||
(7) Total Transformation Capacity (Total MVA) = Capacity in operation + Capacity in reserve + Capacity in revision. | |||||||
(8) Transformers installed in third-party substations. |
V.4.2 Substation – Enterprises not renewed in terms of 12,783/13 Law
Eletrobras Companies |
SS |
Transformation Capacity (MVA) |
Location (State) |
Beginning of Operation |
End of Concession |
AAR on 12.31.16 (R$ Million)(1) |
Readjustment Index |
Eletronorte |
Ribeiro Gonçalves |
650.0 |
MA |
dec/11 |
jan/39 |
5,58 |
9.32% |
Balsas |
200.0 |
MA |
dec/11 |
jan/39 |
1,67 |
9.32% | |
São Luis III |
300.3 |
MA |
may/10 |
mar/38 |
4,42 |
9.32% | |
Miranda II (ATR1) |
450.0 |
MA |
nov/10 |
jan/39 |
10,14 |
9.32% | |
Lucas do Rio Verde |
75.0 |
MT |
apr/13 |
jun/41 |
2,55 |
-3.75% | |
Nobres |
200.0 |
MT |
sept/13 |
dec/41 |
2,05 |
9.32% | |
Tucuruí |
300.0 |
PA |
dec/14 |
dec/41 |
2,24 |
9.32% | |
Lechuga |
450.0 |
AM |
mar/15 |
may/42 |
7,38 |
9.32% | |
Coletora Porto Velho |
5438.4 |
RO |
mar/13 |
feb/39 |
69,32 |
9.32% | |
Miramar |
600.0 |
PA |
apr/16 |
apr/46 |
4,19 |
9.32% | |
Araraquara (inversora) |
3505.2 |
SP |
mar/13 |
feb/39 |
112,65 |
9.32% | |
Ji-Paraná |
0.0 |
RO |
jan/00 |
jan/00 |
0,64 |
9.32% | |
Porto Velho (retificadora) |
0.0 |
RO |
mar/13 |
feb/39 |
118,90 |
9.32% | |
Rio Branco (EX RBTE) |
0.0 |
AC |
jan/00 |
jan/00 |
5,15 |
9.32% | |
Chesf |
SS Elev. Usina de Curemas |
5.0 |
PB |
jan/68 |
nov/24 |
- |
- |
SS Elev. Usina Term. Camaçari |
400.0 |
BA |
sept/78 |
aug/27 |
- |
- | |
SS Elev. Usina de Sobradinho |
1200.0 |
BA |
oct/79 |
feb/22 |
- |
- | |
SS Tauá II |
202.0 |
CE |
dec/07 |
mar/35 |
(4) |
(4) | |
SS Ibicoara (2) |
410.0 |
BA |
jan/11 |
jun/37 |
(4) |
(4) | |
SS Santa Rita II |
450.0 |
PB |
jul/12 |
aug/39 |
(4) |
(4) | |
SS Suape III |
300.0 |
PE |
jul/12 |
jan/39 |
(4) |
(4) | |
SS Natal III |
300.0 |
RN |
aug/12 |
aug/39 |
(4) |
(4) | |
SS Zebu II |
200.0 |
AL |
jul/12 |
aug/39 |
(4) |
(4) | |
SS Brumado (2) |
- |
BA |
aug/10 |
jun/37 |
(4) |
(4) | |
SS Camaçari IV |
2400.0 |
BA |
nov/12 |
jul/40 |
9.72 |
9.32% | |
SS Suape II |
1200.0 |
PE |
dec/12 |
jan/39 |
(4) |
(4) | |
SS Arapiraca III |
200.0 |
AL |
jun/13 |
oct/40 |
7.24 |
9.32% | |
SS Extremoz II |
150.0 |
RN |
feb/14 |
nov/40 |
(4) |
(4) | |
SS João Câmara |
360.0 |
RN |
feb/14 |
nov/40 |
(4) |
(4) | |
SS Acaraú |
200.0 |
CE |
apr/14 |
nov/40 |
(4) |
(4) | |
SS Igaporã |
450.0 |
BA |
jun/14 |
nov/40 |
(4) |
(4) | |
SS Aquiraz II (2) |
- |
CE |
dec/13 |
- |
(4) |
(4) | |
SS Pecém II (2) |
- |
CE |
oct/13 |
- |
(4) |
(4) | |
SS Ceará Mirim II (2) |
- |
RN |
sept/14 |
- |
(4) |
(4) | |
SS Bom Jesus da Lapa II (2) |
- |
BA |
dec/15 |
nov/40 |
(4) |
(4) | |
SS Igaporã III |
750.0 |
BA |
dec/15 |
jun/42 |
(4) |
(4) | |
SS Pindaí II |
300.0 |
BA |
dec/15 |
jun/42 |
(4) |
(4) | |
SS Campina Grande III (2) |
- |
PB |
dec/15 |
oct/41 |
(4) |
(4) | |
SS Garanhuns II (2) |
- |
PE |
dec/15 |
dec/41 |
(4) |
(4) | |
SS Lauga Nova II |
450.0 |
RN |
dec/15 |
oct/41 |
3.45 |
9.32% | |
SS Mirueira II |
300.0 |
PE |
apr/16 |
jun/42 |
(4) |
(4) | |
SS Polo |
100.0 |
BA |
apr/16 |
oct/40 |
1.31 |
9.32% | |
SS Ibiapina II (3) |
200.0 |
CE |
sept/16 |
aug/41 |
3.56 |
9.32% | |
Furnas (9) |
Zona Oeste |
1200.0 |
RJ |
dec/14 |
may/42 |
9.52 |
IPCA |
Batalha |
90.0 |
MG |
aug/06 |
aug/41 |
(7) |
- | |
Campos |
186.0 |
RJ |
dec/68 |
jul/27 |
(7) |
- | |
Itumbiara |
5075.0 |
MG |
mar/73 |
feb/20 |
(7) |
- | |
Manso |
312.5 |
MT |
nov/00 |
feb/35 |
(7) |
- | |
Mascarenhas de Moraes |
1650.7 |
MG |
dec/56 |
oct/23 |
(7) |
- | |
Santa Cruz (5) |
1544.0 |
RJ |
jun/67 |
jul/15 |
(7) |
- | |
São Gonçalo |
42.5 |
RJ |
jul/77 |
(6) |
(7) |
- | |
Serra da Mesa |
1576.4 |
GO |
mar/98 |
nov/39 |
(7) |
- | |
Simplício |
497.5 |
RJ |
aug/06 |
aug/41 |
(7) |
- | |
Eletrosul |
Foz do Chapecó |
150.0 |
RS |
dec/12 |
jun/41 |
3.9 |
IPCA |
Missões |
150.0 |
RS |
nov/10 |
jan/39 |
5.2 |
IPCA | |
Biguaçu |
1344.0 |
SC |
apr/08 |
mar/35 |
28.9 |
IPCA | |
Concession 010/2005 – entry of lines/reactor inputs/capacitor bank / other substation equipment |
- |
SC |
Diversos |
mar/35 |
10.4 |
IPCA | |
Caxias 6 |
330.0 |
RS |
aug/12 |
oct/40 |
4.1 |
IPCA | |
Ijuí 2 |
166.0 |
RS |
apr/13 |
oct/40 |
3.4 |
IPCA | |
Lajeado Grande |
75.0 |
RS |
nov/12 |
oct/40 |
1.7 |
IPCA | |
Lajeado Grande - expansion |
75.0 |
RS |
sept/16 |
oct/40 |
0.0 |
IPCA | |
Nova Petrópolis 2 |
83.00 |
RS |
nov/12 |
oct/40 |
2.4 |
IPCA | |
Concession 012/2010 - Line inputs at substations |
0.0 |
RS |
jul/13 |
oct/40 |
1.0 |
IPCA | |
Frequency Converter Uruguaiana |
109.7 |
RS |
sept/94 |
jul/21 |
9.6 |
IPCA | |
Ivinhema 2 (8) |
300.0 |
MS |
jan/16 |
jan/44 |
3.2 |
IPCA | |
Biguaçu –expansion |
300.0 |
SC |
oct/12 |
dec/42 |
4.1 |
IPCA | |
Itajaí – expansion |
150.0 |
RS |
dec/13 |
dec/42 |
1.0 |
IPCA | |
Joinville Norte - expansion |
150.0 |
SC |
sept/13 |
dec/42 |
4.5 |
IPCA | |
Joinville Norte – 2nd expansion |
150.0 |
SC |
aug/16 |
dec/42 |
0.0 |
IPCA | |
Nova Santa Rita –expansion |
672.0 |
RS |
dec/13 |
dec/42 |
6.8 |
IPCA | |
Tapera 2 - expansion |
83.0 |
RS |
nov/12 |
dec/42 |
1.9 |
IPCA | |
Desterro - Expansion |
150.00 |
SC |
jul/16 |
dec/42 |
0.0 |
IPCA | |
( (1) Last reajust n 07/01/2016 (1) Last readjustment on 07/01/2016 | |||||||
(2) Substations belonging to SPEs in which Chesf has its own equipment installed with at least one line input. | |||||||
(3) Although energized, the reported revenue of SE Ibiapina is still foreseen since it has not yet entered commercial operation. | |||||||
(4) The AAR of these SSs is informed jointly with that of the TLs, according to concession contract. | |||||||
(5) Affected, but not yet extended. | |||||||
(6) Extension denied. | |||||||
(7) These facilities are not part of the Furnas transmission contracts. | |||||||
(8) Transformers installed in third-party substations. | |||||||
(9) Total Transformation Capacity (Total MVA) = Operating Capacity + Reserve Capacity + Capacity under review. |
VIII.Distribution Data
VIII.1 Distribution Data
Company |
Extension of Distribution Lines (Km) |
Number of Customers |
Number of Municipalities Assisted |
Substations |
ED Acre |
20,071 |
254,200 |
22 |
15 |
ED Alaugas |
42,744 |
1,117,108 |
102 |
40 |
ED Amazonas |
47,932 |
945,179 |
62 |
24 |
ED Piauí |
90,839 |
1,227,333 |
244 |
84 |
ED Rondônia |
57,885 |
609,080 |
52 |
60 |
ED Roraima |
3,663 |
112,180 |
1 |
3 |
VIII.2 Energy Sold – MWh
Companies |
1Q16 |
2Q16 |
3Q16 |
4Q16 |
ED Acre |
243,983 |
239,089 |
245,538 |
256,580 |
ED Alagoas |
872,817 |
805,717 |
780,206 |
901,851 |
ED Amazonas Energia |
1,503,876 |
1,460,731 |
1,541,332 |
1,504,871 |
ED Piauí |
765,182 |
811,192 |
854,653 |
914,530 |
ED Rondônia |
717,507 |
711,682 |
742,003 |
749,335 |
ED Roraima |
200,319 |
190,045 |
200,564 |
266,781 |
Total |
4,303,683 |
4,218,457 |
4,364,296 |
4,593,949 |
VIII.2.1 Energy Sold by class of consumers
Distribution to |
1Q16 |
2Q16 |
3Q16 |
4Q16 | ||||
R$ Million |
MWh |
R$ Million |
MWh |
R$ Million |
MWh |
R$ Million |
MWh | |
Captive Market |
||||||||
Residential |
39,347.70 |
1,765.171 |
36,223.80 |
1,713,207 |
40,610.80 |
1,757,759 |
50,800.80 |
1,844,219 |
Industrial |
1,838.60 |
676,641 |
1,742.10 |
656,102 |
1,943.40 |
665,244 |
1,928.30 |
557,753 |
Commercial, services and others activities |
15,503.40 |
955,607 |
14,854.00 |
945,893 |
17,784.70 |
939,715 |
19,945.20 |
912,847 |
Rural |
994.3 |
201,302 |
929 |
166,159 |
824.9 |
181,984 |
1,153.70 |
224,153 |
Public Utilities |
5,748.40 |
342,064 |
5,575.20 |
367,018 |
6,875.40 |
356,163 |
7,442.20 |
362,039 |
Public Ilumination |
1,536.80 |
187,452 |
1,608.90 |
193,130 |
4,558.60 |
204,411 |
2,099.50 |
197,722 |
Public service |
1,131.00 |
161,953 |
1,068.00 |
163,897 |
1,232.70 |
162,894 |
1,361.70 |
149,621 |
Own Consumption |
62.7 |
8,777 |
56.2 |
7,934 |
71.7 |
9,270 |
79.9 |
44,652 |
Others |
126.8 |
59.583 |
27 |
53.716 |
46.5 |
53.992 |
39.9 |
61.766 |
Captive TotalCaptive Total |
66,289.70 |
4,358,551 |
62,084.30 |
4,267,056 |
73,948.80 |
4,331,432 |
84,851.20 |
4,354,772 |
Free Costumer |
||||||||
Residential |
0,4 |
5.219 |
0,4 |
6.626 |
1.7 |
11,872 |
1,9 |
19.639 |
Industrial |
3,5 |
47.893 |
3,8 |
50.010 |
4 |
46,600 |
3,3 |
47.493 |
Commercial, services and others activities |
0,5 |
4.643 |
0,5 |
4.668 |
1 |
8,369 |
1,6 |
13.560 |
ED Amazonas Energia (1) |
- |
- |
- |
674 |
281.42 |
67,998 |
n/d |
158.485 |
Free Costumer Total |
4,4 |
57,755.00 |
4,7 |
61,978.00 |
288.1 |
134,839.00 |
6,7 |
239.177,40 |
(1) ED Amazonas Energia does not make free customer separation by class. |
VIII.3 Energy purchased for resale
Company |
Buyer |
1Q16 |
2Q16 |
3Q16 |
4Q16 | ||||
R$ Million |
MWh |
R$ Million |
MWh |
R$ Million |
MWh |
R$ Million |
MWh | ||
ED Acre |
Sistema Eletrobras |
145,78 |
243.429,00 |
100,00 |
239.089 |
103,00 |
243.258 |
108,00 |
247.918 |
Outros |
- |
- |
- |
- |
- |
- |
- |
- | |
ED Alagoas |
Sistema Eletrobras |
56,30 |
262.812 |
71,05 |
258.143 |
39,00 |
255.124 |
64,20 |
263.157 |
Outros |
231,90 |
1.051.246 |
113,70 |
1.032.570 |
172,70 |
1.020.493 |
165,40 |
1.052.624 | |
ED Amazonas Energia |
Sistema Eletrobras |
86.90 |
2.067.005 |
118.10 |
2.067.880 |
110.30 |
2.249.102 |
202.60 |
2.180.154 |
Outros |
133,36 |
511.184 |
159.70 |
496.549 |
156,76 |
500.223 |
244.40 |
504.455 | |
ED Piauí |
Sistema Eletrobras |
53,78 |
380.422 |
54,20 |
384.602 |
54,16 |
384.602 |
56,11 |
441.642 |
Outros |
188,33 |
762.631 |
185,22 |
848.869 |
166,42 |
955.308 |
169,15 |
1.002.983 | |
ED Rondônia |
Sistema Eletrobras |
34,53 |
188.340 |
51,36 |
206.632 |
42,06 |
206.632 |
7,05 |
207.093 |
Outros |
181,65 |
990.742 |
270,20 |
1.086.963 |
221,28 |
1.086.963 |
130,95 |
906.456 | |
ED Roraima |
Sistema Eletrobras |
58,29 |
261.740 |
55,13 |
247.561 |
56,09 |
251.873 |
62,63 |
265.861 |
Outros |
46,97 |
38.822 |
46,60 |
23.172 |
57,95 |
23.764 |
49,05 |
43.038 | |
CELG D |
Sistema Eletrobras |
207,99 |
1.000.535 |
204,29 |
1.028.206 |
224,91 |
1.061.775 |
199,53 |
1.035.335 |
Outros |
380,00 |
2.590.376 |
383,81 |
2.849.629 |
430,61 |
3.110.124 |
435,02 |
2.912.490 |
VIII.4 Network Expansion – number of new connections
Company |
1Q16 |
2Q16 |
3Q16 |
4Q16 |
2016 |
ED Acre |
489 |
1.274 |
2.052 |
2.055 |
5.870 |
ED Alagoas |
10.301 |
32.513 |
24.238 |
4.790 |
71.842 |
ED Amazonas Energia |
11.328 |
9.745 |
9.189 |
8.027 |
38.289 |
ED Piaui |
13.166 |
12.991 |
14.869 |
12.184 |
53.210 |
ED Rondonia |
8.394 |
7.092 |
9.017 |
6.678 |
31.181 |
ED Roraima |
909 |
1.461 |
1.333 |
1.271 |
4.974 |
VIII.5 Fuel used to produce electric energy
Company |
Type (Unit) |
1Q16 |
2Q16 |
3Q16 |
4Q16 | ||||
Amount |
R$ Million |
Amount |
R$ Million |
Amount |
R$ Million |
Amount |
R$ Million | ||
ED Acre |
Diesel Oil (L) |
15.458.374 |
44,9 |
14.972.912 |
43,5 |
14.298.459 |
41,6 |
5.439.288 |
15,8 |
Gas (m3) |
- |
- |
- |
- |
- |
- |
- |
- | |
ED Alagoas |
Diesel Oil (L) |
- |
- |
- |
- |
- |
- |
- |
- |
Gas (m3) |
- |
- |
- |
- |
- |
- |
- |
- | |
ED Amazonas Energia |
Diesel Oil (L) |
117.843.801 |
392,2 |
113.541.586 |
379,3 |
122.110.310 |
406,4 |
121.559.232 |
403,1 |
Gas (m3) |
315.384.257 |
441,4 |
274.359.871 |
385,2 |
224.256.995 |
316,6 |
224.289.761 |
334,9 | |
ED Piauí |
Diesel Oil (L) |
- |
- |
- |
- |
- |
- |
- |
- |
Gas (m3) |
- |
- |
- |
- |
- |
- |
- |
- | |
ED Rondônia |
Diesel Oil (L) |
32.421.500 |
99,5 |
14.445.551 |
40,1 |
5.637.000 |
16,3 |
- |
- |
Gas (m3) |
- |
- |
- |
- |
- |
- |
- |
- | |
ED Roraima |
Diesel Oil (L) |
10.937.402 |
26,0 |
6.569.168 |
20,2 |
6.614.134 |
16,3 |
11.983.198 |
44,3 |
Gas (m3) |
- |
- |
- |
- |
- |
- |
- |
- | |
CELG D |
Diesel Oil (L) |
- |
- |
- |
- |
- |
- |
- |
- |
Gas (m3) |
- |
- |
- |
- |
- |
- |
- |
- |
VIII.6 Quality Indicators and Operational Performance Indicators – cumulative values
Company |
DEC/ Stoppage Duration – hours |
FEC Stoppage Frequency |
TMA – Average Time of Assistence – minutes |
Losses (%) | |
Technical |
Commercial | ||||
ED Acre |
58.9 |
43.5 |
428.9 |
9.9 |
14.4 |
ED Alaugas |
21.5 |
16.8 |
228.9 |
10.3 |
16.4 |
ED Amazonas Energia |
47.3 |
29.9 |
324.3 |
7.8 |
36.1 |
ED Piauí |
23.4 |
16.4 |
403.9 |
12.2 |
18.4 |
ED Rondônia |
32.2 |
21.6 |
302.4 |
11.2 |
18.6 |
ED Roraima |
34.5 |
50.5 |
121.1 |
7.0 |
5.4 |
CELG D |
11.5 |
6.2 |
395.60 |
9.6 |
3.2 |
VIII.7 Default (R$ million)
Class |
ED |
ED |
ED Amazonas Energia |
ED |
ED |
ED Roraima |
Total |
Residential |
27.14 |
79.69 |
173.81 |
125.59 |
66.48 |
13.52 |
486.23 |
Industrial |
2.52 |
18.69 |
50.03 |
11.19 |
14.94 |
0.70 |
98.07 |
Commercial, services and others activities |
8.03 |
29.22 |
68.56 |
47.49 |
23.91 |
3.65 |
180.85 |
Rural |
4.02 |
9.33 |
5.92 |
7.63 |
14.55 |
0.47 |
41.92 |
Public Utilities |
18.39 |
23.84 |
99.27 |
18.77 |
10.90 |
6.94 |
178.11 |
Public Ilumination |
10.40 |
3.50 |
24.18 |
7.30 |
7.00 |
- |
52.38 |
Public service |
2.44 |
7.25 |
11.52 |
14.34 |
13.42 |
9.22 |
58.19 |
Own Consumption |
- |
0.00 |
1.19 |
- |
- |
- |
1.19 |
Others |
3.80 |
0.37 |
0.11 |
0.31 |
12.44 |
- |
17.03 |
Total |
76.74 |
171.88 |
434.60 |
232.62 |
163.63 |
34.48 |
1,113.96 |
IX.Employees - Effective Headcount
Company |
Administrative |
Operational |
Total |
Eletronorte |
1,297 |
1,735 |
3,032 |
Chesf |
1,495 |
3,052 |
4,547 |
Furnas |
1,160 |
2,646 |
3,806 |
Eletronuclear |
514 |
1,449 |
1,963 |
Eletrosul |
531 |
813 |
1,344 |
CGTEE |
488 |
104 |
592 |
Amazonas GT |
86 |
382 |
468 |
Itaipu Binacional |
973 |
376 |
1,349 |
ED Acre |
121 |
132 |
253 |
ED Alaugas |
314 |
803 |
1,117 |
ED Amazonas Energia |
458 |
1,252 |
1,710 |
ED Piauí |
224 |
1,713 |
1,937 |
ED Rondônia |
230 |
464 |
694 |
ED Roraima |
139 |
211 |
350 |
Eletropar |
4 |
0 |
4 |
Total |
8,034 |
15,132 |
23,166 |
IX.2 Complementary Work-force
Company |
1Q16 |
2Q16 |
3Q16 |
4Q16 |
Eletronorte |
344 |
237 |
193 |
0 |
Chesf |
0 |
0 |
0 |
0 |
Furnas |
1,083 |
1,077 |
1,076 |
1,070 |
Eletronuclear |
0 |
0 |
0 |
0 |
Eletrosul |
0 |
0 |
0 |
0 |
CGTEE |
0 |
0 |
0 |
0 |
Amazonas GT |
0 |
0 |
0 |
0 |
Itaipu Binacional |
0 |
0 |
0 |
0 |
ED Acre |
402 |
402 |
402 |
402 |
ED Alaugas |
467 |
541 |
568 |
929 |
ED Amazonas Energia |
0 |
0 |
0 |
0 |
ED Piauí |
1,564 |
1,602 |
1,279 |
1,311 |
ED Rondônia |
947 |
1,374 |
1,537 |
1,138 |
ED Roraima |
192 |
164 |
144 |
78 |
Eletropar |
0 |
0 |
0 |
0 |
Total |
4,999 |
5,397 |
5,199 |
5,199 |
X. Investments Eletrobras Companies
X.1 Total Investment– R$ Milllions |
|||||
Generation |
1Q16 |
2Q16 |
3Q16 |
4Q16 |
2016 Budget |
Eletrobras |
- |
- |
- |
- | |
Eletronorte |
0.99 |
0.49 |
0.39 |
0.35 |
41 |
Chesf |
2.48 |
2.63 |
27.55 |
36.81 |
104.5 |
Furnas |
7.15 |
4.32 |
4.7 |
9.37 |
51.61 |
Eletronuclear |
253.88 |
337.2 |
89.74 |
103.18 |
4,006.43 |
Eletrosul |
13.43 |
0.19 |
0.06 |
- |
65.35 |
CGTEE |
1.26 |
0.53 |
0.7 |
0.42 |
30.58 |
Amazonas GT |
14.91 |
63.72 |
56.74 |
49.49 |
225.07 |
Itaipu Binacional |
- |
- |
- |
- |
- |
ED Amazonas Energia |
- |
1.84 |
3.25 |
2.09 |
7.21 |
Subsidiárias Furnas |
- |
- |
- |
0.97 |
- |
Subsidiárias Eletrosul |
0.2 |
1.04 |
0.02 |
0.23 |
- |
Generation - Maintenance |
1Q16 |
2Q16 |
3Q16 |
4Q16 |
2016 Budget |
Eletrobras |
- |
- |
- |
- |
|
Eletronorte |
1.64 |
0.74 |
2.74 |
2.52 |
21 |
Chesf |
8.4 |
8.03 |
6.63 |
10.53 |
46.6 |
Furnas |
5.21 |
12.62 |
5.37 |
11.89 |
68.9 |
Eletronuclear |
7.01 |
40.3 |
22.1 |
28.78 |
213.21 |
Eletrosul |
0.4 |
0.04 |
0.37 |
5 |
11.79 |
CGTEE |
1.13 |
1.16 |
0.59 |
0.36 |
18.79 |
Amazonas GT |
0.04 |
0.05 |
0.66 |
1.37 |
26.8 |
Itaipu Binacional |
- |
- |
- |
- |
- |
ED Amazonas Energia |
- |
3.35 |
1.08 |
11.06 |
4.5 |
Subsidiárias Furnas |
- |
- |
- |
- |
- |
Subsidiárias Eletrosul |
- |
- |
- |
- |
- |
Generation – Partnership Investments |
1Q16 |
2Q16 |
3Q16 |
4Q16 |
2016 Budget |
Eletrobras |
255 |
133.5 |
95.25 |
116.25 |
250.64 |
Eletronorte |
364.16 |
235.74 |
135.45 |
154.85 |
286.81 |
Chesf |
258.83 |
10 |
400.93 |
205.35 |
789.21 |
Furnas |
338.1 |
91.32 |
165.45 |
83.84 |
844.3 |
Eletronuclear |
- |
- |
- |
- |
- |
Eletrosul |
109.38 |
94.45 |
110.49 |
92.2 |
238.6 |
CGTEE |
- |
- |
- |
- |
- |
Amazonas GT |
- |
- |
- |
- |
- |
Itaipu Binacional |
- |
- |
- |
- |
- |
ED Amazonas Energia |
- |
- |
- |
- |
- |
Subsidiárias Furnas |
- |
- |
- |
- |
- |
Subsidiárias Eletrosul |
- |
- |
- |
- |
- |
Transmission |
1Q16 |
2Q16 |
3Q16 |
4Q16 |
2016 Budget |
Eletrobras |
4.4 |
- |
- |
0.66 |
12 |
Eletronorte |
86.35 |
94.66 |
64.88 |
102.77 |
588.92 |
Chesf |
178.42 |
137.22 |
96.84 |
65.53 |
476.96 |
Furnas |
40.83 |
49.79 |
30.35 |
59.32 |
350.1 |
Eletrosul |
21.15 |
35.69 |
32.84 |
22.38 |
879.69 |
Amazonas GT |
0.53 |
0.14 |
0.23 |
0 |
22.2 |
ED Amazonas Energia |
- |
- |
- |
- |
- |
Subsidiárias Furnas |
- |
- |
- |
53.7 |
- |
Subsidiárias Eletrosul |
3.78 |
1.24 |
0.74 |
0.5 |
- |
Demays Empresas (1) |
9.43 |
1.61 |
0.88 |
8.06 |
19.78 |
1) Include the companies Cepel, Eletropar, Uirapuru, TSBE, TSLE, LVTE. | |||||
|
|||||
Transmission - Maintenance |
1Q16 |
2Q16 |
3Q16 |
4Q16 |
2016 Budget |
Eletrobras |
- |
- |
- |
- |
- |
Eletronorte |
5.32 |
3.93 |
10.46 |
13.76 |
55 |
Chesf |
29.27 |
26.15 |
21.55 |
28.88 |
99.16 |
Furnas |
33.58 |
48.04 |
24.41 |
62.22 |
300.63 |
Eletrosul |
0.8 |
0.54 |
1.6 |
2.21 |
7.51 |
Amazonas GT |
- |
- |
- |
2.9 |
4.22 |
ED Amazonas Energia |
- |
- |
- |
- |
- |
Subsidiárias Furnas |
- |
- |
- |
- |
- |
Subsidiárias Eletrosul |
- |
- |
- |
- |
- |
Demays Empresas (1) |
- |
- |
- |
- |
- |
(1) Include the companies Cepel, Eletropar, Uirapuru, TSBE, TSLE, LVTE. | |||||
|
|||||
Transmission – Partnership Investments |
1Q16 |
2Q16 |
3Q16 |
4Q16 |
2016 Budget |
Eletrobras |
- |
- |
- |
- |
|
Eletronorte |
18 |
201.35 |
123.68 |
49 |
194.46 |
Chesf |
0.74 |
- |
- |
- |
15 |
Furnas |
9.91 |
191.35 |
258.76 |
189.72 |
607.56 |
Eletrosul |
1.6 |
0.28 |
0.32 |
0.2 |
103.42 |
Amazonas GT |
- |
- |
- |
- |
- |
ED Amazonas Energia |
- |
- |
- |
- |
- |
Demays Empresas (1) |
- |
- |
- |
- |
- |
Distribution |
1Q16 |
2Q16 |
3Q16 |
4Q16 |
2016 Budget |
ED Acre |
4.53 |
7.83 |
4.71 |
6.31 |
59.41 |
ED Alaugas |
13.44 |
20.06 |
38.91 |
23.89 |
169.91 |
ED Amazonas Energia |
20.61 |
34.18 |
55.08 |
31 |
551.82 |
ED Piauí |
12.14 |
14.9 |
22.58 |
24.96 |
215.93 |
ED Rondônia |
15.79 |
18.31 |
19.96 |
30.27 |
133.42 |
ED Roraima |
4.84 |
7.59 |
3.05 |
5.96 |
29.81 |
CELG D |
51.5 |
54.82 |
48.47 |
61.51 |
235.17 |
Distribution - Maintenance |
1Q16 |
2Q16 |
3Q16 |
4Q16 |
2016 Budget |
ED Acre |
2.56 |
2.05 |
3.33 |
3.83 |
15.07 |
ED Alaugas |
8.35 |
10.82 |
13.94 |
16.19 |
59.91 |
ED Amazonas Energia |
12.15 |
10.32 |
12.95 |
29.93 |
79.75 |
ED Piauí |
6.74 |
14.02 |
9.11 |
14.12 |
56.49 |
ED Rondônia |
8.44 |
10.22 |
5.49 |
14.81 |
44.19 |
ED Roraima |
0.69 |
0.79 |
2.11 |
0.61 |
4.74 |
CELG D |
10.07 |
11.65 |
15.96 |
16.09 |
125.54 |
Others |
1Q16 |
2Q16 |
3Q16 |
4Q16 |
2016 Budget |
Eletrobras |
0.06 |
0.05 |
0.13 |
0.02 |
37.8 |
Eletronorte |
3.39 |
4.29 |
4.71 |
15.04 |
49.4 |
Chesf |
12.3 |
16.45 |
12.59 |
11.96 |
105.53 |
Furnas |
14.78 |
16.81 |
23.75 |
35.45 |
142.12 |
Eletronuclear |
0.35 |
2.08 |
5.15 |
1.13 |
19.88 |
Eletrosul |
1.41 |
0.42 |
1.08 |
0.45 |
30.43 |
CGTEE |
0.29 |
1.02 |
0.05 |
0.14 |
35.97 |
Amazonas GT |
0.04 |
- |
0.01 |
0.24 |
16.84 |
Itaipu Binacional |
- |
- |
- |
- |
- |
ED Acre |
7.5 |
7.27 |
8.28 |
6.85 |
28.38 |
ED Alaugas |
9.05 |
7.83 |
5.48 |
7.41 |
66.28 |
ED Amazonas Energia |
17.96 |
33.02 |
23.39 |
31.39 |
199.47 |
ED Piauí |
2.48 |
4.08 |
14.54 |
12.01 |
137.47 |
ED Rondônia |
7.32 |
11.61 |
10.07 |
9.46 |
86.2 |
ED Roraima |
0.74 |
0.62 |
1.09 |
0.72 |
6.07 |
CELG D |
13.52 |
7.7 |
6.11 |
15.42 |
92.88 |
Subsidiárias Furnas |
- |
- |
- |
- |
- |
Subsidiárias Eletrosul |
- |
- |
- |
- |
- |
Demays Empresas (1) |
0.42 |
1.49 |
0.66 |
5.86 |
10.18 |
(1) Include the companies Cepel, Eletropar, Brasil Ventos Energia and Uirapuru. |
X.2 Investiments in new projects
X.2.1 Generation
X.2.1.1 Integral Responsibility
Eletrobras Companies |
Plant |
Location |
Investiment (R$ Million) |
Installed Capacity (MW) |
Energy Assured (MW) |
Beginning of Operation |
Beginning of Construction |
End of Concession |
RCE |
FCE | ||
Total |
Up to 4Q16 |
MW Avg |
Avg Price (R$/MWh) |
MW Avg | ||||||||
Chesf |
WPP Casa Nova I |
BA |
800.00 |
665.60 |
180 |
61.4 |
(1) |
(2) |
(2) |
(2) |
(2) |
(2) |
WPP Casa Nova II |
BA |
102.50 |
36.99 |
28 |
7.1 |
Dec/17 |
May/49 (3) |
May /49 (3) |
7.10 |
149.15 |
- | |
WPP Casa Nova III |
BA |
93.10 |
32.12 |
24 |
5.5 |
Dec/17 |
May /49 (3) |
May /49 (3) |
10.00 |
149.15 |
- | |
Furnas |
SHU Anta |
RJ/MG |
2,296,6 (4) |
2,492.22 |
28 |
15,9 (6) |
GU1 and GU2: See (5) |
Mar/07 |
- |
15.38 |
207.60 |
- |
Eletronuclear |
Angra 3 |
RJ |
21051.2 (7) |
8,477.9 (8) |
1,405 |
1,184.00 |
Jan/23 |
Jul/08 |
Dec/62 (9) |
n/a |
n/a |
n/a |
Amazonas GT |
TPU Mauá 3 |
AM |
1,183.28 |
184.85 |
590.75 |
507.2 |
Apr/17 |
Sep/12 |
Nov/44 |
- |
- |
- |
(1) Uncertainties associated with the continuity of the construction of the enterprise, including the impossibility of disposing of its energy to the SIN until 2021, according to Technical Note of ONS 121/2016 r0, dated 10/3/2006, results at the time of the unpredictability of the data for its entry into operation
(2) Wind farm project withoct concession and energy not commercialized
(3) According to MME Ordinance No. 220 of 05.26.2014 and MME Ordinance No. 225 of 05.28.2014.
(4) Includes Simplicio, which is already in operation.
(5) Scheduled date for start of commercial operation of the generating units of SHU Anta as Correspondence DE.E.026.2016 of June 23, 2016, sent to ANEEL: GU1 - 05.01.2018 and UG2 – 09.01.2018. It is worth mentioning that the contract supplier consortium was terminated.
(6) Assured Energy is only the increase to occur when the Anta commercial operation. It does not include the assured energy of Simplicio, reported in Section 1.2.
(7) Includes direct costs of R$ 21,051.2 million approved in RDE 1302.007/16 07.26.2016, approving the new date entry. With indirect costs of R$ 26,144.0 million.
(8) Includes estimated direct and indirect costs.
(9) No operating license for Angra 3. It is considered 40 years from 01.01.2021 by analogy with Angra 2.
X.2.1.2 Special Proposed Company | |||||||||||||||
SPE |
Plant |
Eletrobras Companies (%) |
location |
Installed Caapacity (MW) |
Energy Assured |
Beginning of Operation |
Beginning of Construction |
End of Concession |
Investiment (R$ Million) |
Working Schedule (%) |
Partners |
RCE |
FCE(7) | ||
(State) |
(MW) |
Total |
Up to 4Q16 |
MW Average |
Price Avg (R$/MWh) |
MW Average | |||||||||
Norte Energia S.A. (2) |
HPU Belo Monte |
Eletronorte (19,98%) |
PA |
11,233.10 |
4,571.00 |
Apr/16 |
aug/11 |
Aug/45 |
End of final grade: 35173,39 |
31,617.53 |
91.81% |
Petros (10,00%) |
(4) |
117.55 |
(4) |
Cia. Energética Sinop S.A. |
HPU Sinop |
Eletronorte (24,5%) |
MT |
408.00 |
239.8 |
dec/18 |
dec/13 |
dec/47 |
2,598.76 |
1261.02 |
48.52% |
EDF UTE Norte Fluminense (51,0%) |
209.33 |
109.40 |
27.25 |
ESBR Participações S.A. (1) |
HPU Jirau |
Chesf (20%) |
RO |
3,750.00 |
2,205.10 |
sept/13 |
dec/09 |
Aug/43 |
19,385.00 |
19,094.20 |
98.00% |
Suez Energy (40%) |
1,642.59 |
139.26 |
562.51 |
Acauã Energia S.A. |
WPP Acauã |
Chesf (99,93%) |
BA |
12.00 |
3.1 |
oct/17 |
may/15 |
Apr/49 |
38.40 |
33.36 |
80,4 (3) |
Sequóia (0,0668%) |
3.10 |
134.69 |
- |
Angical 2 Energia S.A. |
WPP Angical 2 |
Chesf (99,96%) |
BA |
14.00 |
5.1 |
may/17 |
may/15 |
Apr/49 |
59.40 |
48.81 |
78,2 (3) |
Sequóia (0,04%) |
5.10 |
134.69 |
- |
Arapapá Energia S.A. |
WPP Arapapá |
Chesf (99,9%) |
BA |
10.00 |
2.2 |
oct/17 |
may/15 |
Apr/49 |
30.20 |
19.33 |
53,6 (3) |
Sequóia (0,1%) |
2.20 |
134.69 |
- |
Caititú 2 Energia S.A. |
WPP Caititú 2 |
Chesf (99,96%) |
BA |
14.00 |
5.1 |
nov/17 |
may/15 |
Apr/49 |
61.90 |
44.91 |
65,2 (3) |
Sequóia (0,04%) |
5.10 |
134.69 |
- |
Caititú 3 Energia S.A. |
WPP Caititú 3 |
Chesf (99,96%) |
BA |
14.00 |
4.7 |
dec/17 |
may/15 |
Apr/49 |
60.50 |
43.94 |
65,6 (3) |
Sequóia (0,04%) |
4.70 |
134.69 |
- |
Carcará Energia S.A. |
WPP Carcará |
Chesf (99,96%) |
BA |
10.00 |
4.6 |
jan/18 |
may/15 |
Apr/49 |
62.90 |
52.31 |
75,4 (3) |
Sequóia (0,04%) |
4.60 |
134.69 |
- |
Coqueirinho 2 Energia S.A. |
WPP Coqueirinho 2 |
Chesf (99,98%) |
BA |
20.00 |
8.5 |
may/17 |
may/15 |
jun/49 |
110.80 |
93.10 |
81,2 (3) |
Sequóia (0,0238%) |
8.50 |
147.69 |
- |
Corrupião 3 Energia S.A. |
WPP Corrupião 3 |
Chesf (99,96%) |
BA |
14.00 |
4.2 |
feb/18 |
may/15 |
Apr/49 |
63.10 |
47.85 |
69,7 (3) |
Sequóia (0,04%) |
4.20 |
134.69 |
- |
Papagaio Energia S.A. |
WPP Papagaio |
Chesf (99,96%) |
BA |
18.00 |
4.9 |
sept/17 |
may/15 |
jun/49 |
68.80 |
52.01 |
67,4 (3) |
Sequóia (0,04%) |
4.90 |
147.69 |
- |
Tamanduá Mirim 2 Energia S.A. |
WPP Tamanduá Mirim 2 |
Chesf (83,01%) |
BA |
24.00 |
8 |
jun/17 |
may/15 |
jun/49 |
108.20 |
85.33 |
72,7 (3) |
Sequóia (16,99%) |
8.00 |
156.83 |
- |
Teiú 2 Energia S.A. |
WPP Teiú 2 |
Chesf (99,95%) |
BA |
14.00 |
4.2 |
oct/17 |
may/15 |
Apr/49 |
48.70 |
35.32 |
64,0 (3) |
Sequoia (0,05%) |
4.20 |
134.69 |
- |
Madeira Energia S.A. (5) |
HPU Santo Antônio |
Furnas (39%) |
RO |
417.57 |
206.20 |
mar/12 |
Aug/08 |
jun/43 |
20743.00 |
4027.40 |
99.90% |
Odebrecth Energia(18,6%) |
(6) |
(6) |
(6) |
Empresa de Energia São Manoel S.A. |
HPU São Manoel |
Furnas (33,33%) |
MT/PA |
700.00 |
421.70 |
A partir de jan/18 |
Aug/14 |
Apr/49 |
3178.00 |
245.00 |
78.00% |
EDP – Energias do Brasil S.A.(33,33%) |
(6) |
(6) |
(6) |
Central Geradora Eólica Famosa I S.A. |
Famosa I |
Furnas (49%) |
RN |
22.50 |
11.10 |
oct/18 |
Aug/16 |
may/47 |
78.68 |
7.58 |
- |
PF Participações (51,00%) |
(6) |
(6) |
(6) |
Central Geradora Eólica Pau Brasil S.A. |
Pau Brasil |
Furnas (49%) |
CE |
15.00 |
7.70 |
oct/18 |
Aug/16 |
may/47 |
78.68 |
5.05 |
- |
PF Participações (51,00%) |
(6) |
(6) |
(6) |
Central Geradora Eólica Rosada S.A. |
Rosada |
Furnas (49%) |
RN |
30.00 |
13.40 |
oct/18 |
Aug/16 |
may/48 |
78.68 |
9.57 |
- |
PF Participações (51,00%) |
(6) |
(6) |
(6) |
Central Geradora Eólica São Paulo S.A. |
São Paulo |
Furnas (49%) |
CE |
17.50 |
8.10 |
oct/18 |
Aug/16 |
mar/47 |
78.68 |
5.59 |
- |
PF Participações (51,00%) |
(6) |
(6) |
(6) |
Energia dos Ventos V S.A. |
São Januário |
Furnas (99,99%) |
CE |
19.20 |
9.00 |
nov/19 |
jan/17 |
jul/47 |
109.06 |
10.69 |
- |
Alupar(0 %) |
(6) |
(6) |
(6) |
Energia dos Ventos VI S.A. |
Nossa Senhora de Fátima |
Furnas (99,99%) |
CE |
28.80 |
12.80 |
nov/19 |
jan/17 |
aug/47 |
109.06 |
10.69 |
- |
Alupar(0 %) |
(6) |
(6) |
(6) |
Energia dos Ventos VII S.A. |
Jandaia |
Furnas (99,99%) |
CE |
28.80 |
14.10 |
nov/19 |
jan/17 |
Aug/47 |
109.06 |
10.69 |
- |
Alupar(0 %) |
(6) |
(6) |
(6) |
Energia dos Ventos VIII S.A. |
São Clemente |
Furnas (99,99%) |
CE |
19.20 |
9.30 |
nov/19 |
jan/17 |
jul/47 |
109.06 |
10.69 |
- |
Alupar(0%) |
(6) |
(6) |
(6) |
Energia dos Ventos IX S.A. |
Jandaia I |
Furnas (99,99%) |
CE |
19.20 |
9.90 |
nov/19 |
jan/17 |
jul/47 |
109.06 |
10.69 |
- |
Alupar(0 %) |
(6) |
(6) |
(6) |
Bom Jesus Eólica S.A. |
Bom Jesus |
Furnas (49%) |
CE |
18.00 |
8.10 |
dec/18 |
Aug/16 |
Apr/49 |
136.16 |
8.10 |
- |
Fundo de Investimento em Participações Caixa Milão (50,99%) |
(6) |
(6) |
(6) |
Cachoeira Eólica S.A. |
Cachoeira |
Furnas (49%) |
CE |
12.00 |
5.00 |
dec/18 |
Aug/16 |
Apr/49 |
136.16 |
8.10 |
- |
Fundo de Investimento em Participações Caixa Milão (50,99%) |
(6) |
(6) |
(6) |
Pitimbu Eólica S.A. |
Pitimbu |
Furnas (49%) |
CE |
18.00 |
7.20 |
dec/18 |
Aug/16 |
mar/49 |
136.16 |
8.10 |
- |
Fundo de Investimento em Participações Caixa Milão (50,99%) |
(6) |
(6) |
(6) |
São Caetano Eólica S.A. |
São Caetano |
Furnas (49%) |
CE |
25.20 |
11.00 |
dec/18 |
Aug/16 |
Apr/49 |
136.16 |
8.10 |
- |
Fundo de Investimento em Participações Caixa Milão (50,99%) |
(6) |
(6) |
(6) |
São Caetano I Eólica S.A. |
São Caetano I |
Furnas (49%) |
CE |
18.00 |
7.70 |
dec/18 |
Aug/16 |
Apr/49 |
136.16 |
8.10 |
- |
Fundo de Investimento em Participações Caixa Milão (50,99%) |
(6) |
(6) |
(6) |
São Galvão Eólica S.A. |
São Galvão |
Furnas (49%) |
CE |
22.00 |
9.50 |
dec/18 |
Aug/16 |
mar/49 |
136.16 |
8.10 |
- |
Fundo de Investimento em Participações Caixa Milão (50,99%) |
(6) |
(6) |
(6) |
Carnaúba I Eólica S.A. |
Carnaúba I |
Furnas (49%) |
RN |
22.00 |
9.40 |
dec/18 |
Aug/16 |
jul/49 |
142.02 |
7.83 |
- |
Fundo de Investimento em Participações Caixa Milão (50,99%) |
(6) |
(6) |
(6) |
Carnaúba II Eólica S.A. |
Carnaúba II |
Furnas (49%) |
RN |
18.00 |
7.30 |
dec/18 |
Aug/16 |
jul/49 |
142.02 |
7.83 |
- |
Fundo de Investimento em Participações Caixa Milão (50,99%) |
(6) |
(6) |
(6) |
Carnaúba III Eólica S.A. |
Carnaúba III |
Furnas (49%) |
RN |
16.00 |
7.50 |
dec/18 |
Aug/16 |
jul/49 |
142.02 |
7.83 |
- |
Fundo de Investimento em Participações Caixa Milão (50,99%) |
(6) |
(6) |
(6) |
Carnaúba V Eólica S.A. |
Carnaúba V |
Furnas (49%) |
RN |
24.00 |
10.10 |
dec/18 |
Aug/16 |
jul/49 |
142.02 |
7.83 |
- |
Fundo de Investimento em Participações Caixa Milão (50,99%) |
(6) |
(6) |
(6) |
Cervantes I Eólica S.A. |
Cervantes I |
Furnas (49%) |
RN |
16.00 |
7.10 |
dec/18 |
Aug/16 |
jul/49 |
142.02 |
7.83 |
- |
Fundo de Investimento em Participações Caixa Milão (50,99%) |
(6) |
(6) |
(6) |
Cervantes II Eólica S.A. |
Cervantes II |
Furnas (49%) |
RN |
12.00 |
5.60 |
dec/18 |
Aug/16 |
jul/49 |
142.02 |
7.83 |
- |
Fundo de Investimento em Participações Caixa Milão (50,99%) |
(6) |
(6) |
(6) |
Punaú I Eólica S.A. |
Punaú I |
Furnas (49%) |
RN |
24.00 |
11.00 |
dec/18 |
Aug/16 |
jul/49 |
142.02 |
7.83 |
- |
Fundo de Investimento em Participações Caixa Milão (50,99%) |
(6) |
(6) |
(6) |
Geradora Eólica Arara Azul S.A. |
Arara Azul |
Furnas (90%) |
RN |
27.50 |
10.70 |
oct/18 |
jan/17 |
nov/49 |
88.58 |
There is no value realized.. |
- |
Eólica Tecnologia Ltda (7,00%) |
(6) |
(6) |
(6) |
Geradora Eólica Bentevi S.A. |
Bentevi |
Furnas (90%) |
RN |
15.00 |
5.70 |
oct/18 |
jan/17 |
nov/49 |
88.58 |
There is no value realized. |
- |
Eólica Tecnologia Ltda (7,00%) |
(6) |
(6) |
(6) |
Geradora Eólica Ouro Verde I S.A. |
Ouro Verde I |
Furnas (90%) |
RN |
27.50 |
10.70 |
oct/18 |
jan/17 |
nov/49 |
88.58 |
There is no value realized. |
- |
Eólica Tecnologia Ltda (7,00%) |
(6) |
(6) |
(6) |
Geradora Eólica Ouro Verde II S.A. |
Ouro Verde II |
Furnas (90%) |
RN |
30.00 |
11.20 |
oct/18 |
jan/17 |
nov/49 |
88.58 |
There is no value realized. |
- |
Eólica Tecnologia Ltda (7,00%) |
(6) |
(6) |
(6) |
Geradora Eólica Ouro Verde III S.A. |
Ouro Verde III |
Furnas (90%) |
RN |
25.00 |
9.40 |
oct/18 |
jan/17 |
nov/49 |
88.58 |
There is no value realized. |
- |
Eólica Tecnologia Ltda (7,00%) |
(6) |
(6) |
(6) |
Geradora Eólica Ventos de Santa Rosa S.A. |
Santa Rosa |
Furnas (90%) |
CE |
20.00 |
8.40 |
oct/18 |
jan/17 |
Oct/49 |
91.20 |
There is no value realized. |
- |
Eólica Tecnologia Ltda (7,00%) |
(6) |
(6) |
(6) |
Geradora Eólica Ventos de Uirapuru S.A. |
Uirapuru |
Furnas (90%) |
CE |
28.00 |
12.60 |
oct/18 |
jan/17 |
Oct/49 |
91.20 |
There is no value realized. |
- |
Eólica Tecnologia Ltda (7,00%) |
(6) |
(6) |
(6) |
Geradora Eólica Ventos do Angelim S.A. |
Ventos de Angelim |
Furnas (90%) |
CE |
24.00 |
10.30 |
oct/18 |
jan/17 |
nov/49 |
91.20 |
There is no value realized. |
- |
Eólica Tecnologia Ltda (7,00%) |
(6) |
(6) |
(6) |
Consórcio Serra do Mel |
Serra do Mel I |
Furnas (90%) |
RN |
28.00 |
13.00 |
oct/18 |
Apr/17 |
Oct/49 |
135.29 |
There is no value realized. |
- |
Eólica Tecnologia Ltda (9,99%) |
(6) |
(6) |
(6) |
Consórcio Serra do Mel |
Serra do Mel II |
Furnas (90%) |
RN |
28.00 |
12.80 |
oct/18 |
Apr/17 |
oct/49 |
135.29 |
There is no value realized. |
- |
Eólica Tecnologia Ltda (9,99%) |
(6) |
(6) |
(6) |
Consórcio Serra do Mel |
Serra do Mel III |
Furnas (90%) |
RN |
28.00 |
12.50 |
oct/18 |
Apr/17 |
nov/49 |
135.29 |
There is no value realized. |
- |
Eólica Tecnologia Ltda (9,99%) |
(6) |
(6) |
(6) |
Geradora Eólica Itaguaçu da Bahia SPE S.A. |
Itaguaçu da Bahia |
Furnas (49%) |
BA |
28.00 |
14.00 |
feb/19 |
May/18 |
Sept/49 |
144.93 |
6.96 |
- |
Salus Fundo de Investimento em Participações (49,00%) |
(6) |
(6) |
(6) |
Geradora Eólica Ventos de Santa Luiza SPE S.A. |
Ventos de Santa Luiza |
Furnas (49%) |
BA |
28.00 |
14.20 |
feb/19 |
jan/17 |
Sept/49 |
144.93 |
6.96 |
- |
Salus Fundo de Investimento em Participações (49,00%) |
(6) |
(6) |
(6) |
Geradora Eólica Ventos de Santa Madalena SPE S.A. |
Ventos de Santa Madalena |
Furnas (49%) |
BA |
28.00 |
14.70 |
feb/19 |
jan/17 |
Sept/49 |
144.93 |
6.96 |
- |
Salus Fundo de Investimento em Participações (49,00%) |
(6) |
(6) |
(6) |
Geradora Eólica Ventos de Santa Marcella SPE S.A. |
Ventos de Santa Marcella |
Furnas (49%) |
BA |
28.00 |
13.60 |
feb/19 |
jan/17 |
Sept/49 |
144.93 |
6.96 |
- |
Salus Fundo de Investimento em Participações (49,00%) |
(6) |
(6) |
(6) |
Geradora Eólica Ventos de Santa Vera SPE S.A. |
Ventos de Santa Vera |
Furnas (49%) |
BA |
28.00 |
15.20 |
feb/19 |
jan/17 |
Sept/49 |
144.93 |
6.96 |
- |
Salus Fundo de Investimento em Participações (49,00%) |
(6) |
(6) |
(6) |
Geradora Eólica Ventos de Santo Antônio SPE S.A. |
Ventos de Santo Antônio |
Furnas (49%) |
BA |
28.00 |
16.10 |
feb/19 |
jan/17 |
Sept/49 |
144.93 |
6.96 |
- |
Salus Fundo de Investimento em Participações (49,00%) |
(6) |
(6) |
(6) |
Geradora Eólica Ventos de São Bento SPE S.A. |
Ventos de São Bento |
Furnas (49%) |
BA |
28.00 |
14.40 |
feb/19 |
jan/17 |
Sept/49 |
144.93 |
6.96 |
- |
Salus Fundo de Investimento em Participações (49,00%) |
(6) |
(6) |
(6) |
Geradora Eólica Ventos de São Cirilo SPE S.A. |
Ventos de São Cirilo |
Furnas (49%) |
BA |
28.00 |
14.70 |
feb/19 |
jan/17 |
Sept/49 |
144.93 |
6.96 |
- |
Salus Fundo de Investimento em Participações (49,00%) |
(6) |
(6) |
(6) |
Geradora Eólica Ventos de São João SPE S.A. |
Ventos de São João |
Furnas (49%) |
BA |
28.00 |
15.00 |
feb/19 |
jan/17 |
Sept/49 |
144.93 |
6.96 |
- |
Salus Fundo de Investimento em Participações (49,00%) |
(6) |
(6) |
(6) |
Geradora Eólica Ventos de São Rafael SPE S.A. |
Ventos de São Rafael |
Furnas (49%) |
BA |
28.00 |
13.80 |
feb/19 |
jan/17 |
Sep/49 |
144.93 |
6.96 |
- |
Salus Fundo de Investimento em Participações (49,00%) |
(6) |
(6) |
(6) |
(1)Operating with 3,750 MW.
(2) Operating with 1988.7 MW.
(3)Withoct evolution in relation to the last quarter, as a result of the work stoppage.
(4) Due to the motorization plant and with a judicial injunction that limits the billing of energy to a percentage of the physical guarantee in commercial operation, it is not possible to calculate the marketable energy in advance.
(5) Installed power is the one that is still in implementation. Physical guarantee is the additional value corresponding to the installed power still in deployment.
(6) Information not provided by Furnas.
X.2.2 Transmission
X.2.2.1 Integral Responsability
X.2.2.1.1 Transmission Line
Eletrobras Companies |
From - To |
Total Investment (R$ Million) |
Lines Extension (km) |
Tension (kV) |
Beginning of Operation |
End of Concession |
AAR (R$ Million) |
Eletronorte |
TL Utinga - Miramar 230 kv - Adequation |
3.06 |
68.00 |
230 |
Feb/16 |
Dec/42 |
0.04 |
TL Jaurú / Coxipó - Port SS Várzea Grande |
2.11 |
0.36 |
230 |
Jul/16 |
Dec/42 |
0.31 | |
Chesf |
Eunápolis-Teixeira Freitas II C1 |
30.09 |
145.00 |
230 |
Dec/17 |
Oct/38 |
7.02 |
Funil-Itapebi C3 |
41.07 |
223.00 |
230 |
Dec/17 |
Apr/37 |
6.31 | |
Eunápolis-Teixeira Freitas II C2 |
44.15 |
152.00 |
230 |
Dec/17 |
Aug/39 |
7.44 | |
Pau Ferro-Santa Rita II |
36.11 |
96.70 |
230 |
Jan/18 |
Aug/39 |
6.16 | |
Paraíso-Açu II |
84.89 |
123.00 |
230 |
Dec/18 |
Nov/40 |
4.90 | |
Açu II-Mossoró II |
69.00 |
0 |
Dec/18 |
Nov/40 | |||
Morro do Chapéu II-Irecê |
22.13 |
65.00 |
230 |
Mar/17 |
Oct/41 |
5.71 | |
Teresina II-Teresina III |
13.76 |
26.00 |
230 |
Apr/17 |
Dec/41 |
11.56 | |
Recife II-Suape II C2 |
41.91 |
44.00 |
230 |
Dec/18 |
Dec/41 |
7.86 | |
Camaçari IV-Sapeaçu |
84.29 |
105.00 |
230 |
Dec/18 |
Dec/41 |
11.85 | |
Sapeaçu-Sto.Antonio de Jesus C3 |
31.00 |
230 |
Dec/18 |
Dec/41 | |||
Jardim-N Sra do Socorro |
13.60 |
1.30 |
230 |
Dec/17 |
May/42 |
20.09 | |
Messias-Maceió II |
20.00 |
230 |
Aug/17 |
May/42 | |||
Camaçari IV-Pirajá |
47.07 |
45.00 |
230 |
Oct/18 |
May/42 |
12.10 | |
Pituaçú-Pirajá |
5.00 |
230 |
Oct/18 |
May/42 | |||
Mossoró II-Mossoró IV |
81.74 |
40.00 |
230 |
Jul/17 |
Jun/42 |
16.44 | |
Ceará Mirim II-Touros II |
56.17 |
230 |
Jul/17 |
Jun/42 | |||
Russas II-Banabuiu C2 |
1,357,17 |
0 |
Jul/17 |
Jan/00 | |||
Furnas |
TL Mascarenhas – Linhares and SS Linhares |
67,2 |
99 |
230 |
Dec/17 |
Jul/40 |
7.34 |
TL Xavantes – Pirineus (1) |
31,18 |
50 |
230 |
Apr/18 |
Dec/41 |
4.23 | |
Eletrosul |
Port. Jorge Lacerda A - Palhoça, in SS Garopaba |
7.61 |
5.4 |
138 |
Aug/18 |
Dec/42 |
1.19 |
Concession contract 001/2015 (several projects in RS |
(2) |
1,802,00 |
230 e 525 |
Mar/18 |
Mar/45 |
225.98 |
(1) The transmission line was energized in 03/25/2016, the detached form the circuit 1 (CELG), and still depends on the completion of the line inputs at substations associated with the project.
(2) In 2016, the Company promoted a public call to select investors interested in equity participation in the projects inherent to Concession Contract 001/2015, whose budget forecast is approximately R $ 3.3 billion (lines and SEs). There was a proposal, which is under negotiation.
X.2.2.1.2 Substations
Eletrobras Companies |
SS |
Investment Total (R$ Million) |
Transformation Capacity (MVA) |
Location (State) |
Beginning of Operation |
End of Concession |
AAR (R$ Millions) |
Eletronorte |
SS Miramar - Etapa 2 EL 230 kv p/ SS Utinga |
10.57 |
--- |
PA |
apr/16 |
dec/42 |
2.15 |
SS Rondonópolis - Etapa AT4 |
15.92 |
--- |
MT |
Feb/16 |
dec/42 |
1.92 | |
SS Tucuruí - Etapa BY RLL |
8.86 |
--- |
PA |
Feb/16 |
dec/42 |
1.02 | |
SS Tucuruí - Etapa AT2 e Pátio 230kv |
73.70 |
--- |
PA |
Feb/16 |
dec/42 |
8.24 | |
SS Utinga - EL 230kv p/ Miramar - C1 e C2 |
16.47 |
--- |
PA |
Feb/16 |
dec/42 |
0.91 | |
SS Várzea Grande - EL 230kv - (1) |
10.16 |
--- |
MT |
Feb/16 |
dec/42 |
1.63 | |
SS Altamira - Etapa IB (2) |
11.56 |
--- |
PA |
jul/16 |
dec/42 |
1.70 | |
SS Ribeiro Gonçalves - AT2 |
39.00 |
3 x 100 |
MA |
jul/16 |
dec/42 |
4.87 | |
SS Transamazônica - Adequação do Pátio (3) |
27.10 |
--- |
MA |
Aug/16 |
dec/42 |
4.28 | |
SS Rio Branco I - Etapa RB (4) |
6.78 |
--- |
PA |
Sep/16 |
dec/42 |
0.96 | |
|
SS Coxipó - Implantação 3 ATT |
52.64 |
3 x 150 |
AC |
jul/19 |
may/53 |
7.87 |
Chesf |
SS 230/69 kv Morro do Chapéu II |
24.33 |
150 |
BA |
mar/17 |
Oct/41 |
(1) |
SS 230/69 kv Teresina III |
29.21 |
400 |
PI |
apr/17 |
dec/41 |
(1) | |
SS 230/69 kv N.S. Socorro |
94.43 |
300 |
SE |
dec/17 |
may/42 |
(1) | |
SS 230/69 kv Maceió II |
94.43 |
400 |
AL |
Aug/17 |
may/42 |
(1) | |
SS 230/138 kv Poções II |
94.43 |
200 |
BA |
dec/17 |
may/42 |
(1) | |
SS 230/69 kv Pirajá |
30.57 |
360 |
BA |
Oct/18 |
may/42 |
(1) | |
SS 230/69 kv Jaboatão II |
68.77 |
300 |
PE |
jul/18 |
jun/42 |
5.42 | |
SS 230/69 kv Touros II |
46.18 |
150 |
RN |
jul/17 |
jun/42 |
(1) | |
SS 230/69 kv Mossoró IV |
46.18 |
100 |
RN |
jul/17 |
jun/42 |
(1) | |
SS 230/138 kV Teixeira de Freitas II |
17.91 |
100 |
BA |
dec/17 |
Oct/38 |
(1) | |
Eletrosul |
Garopaba – Implementation of two modules EL |
6.24 |
- |
SC |
Aug/18 |
dec/42 |
0.91 |
Biguaçu –3º Auto transformer Bank 525/ 230 Kv |
37.58 |
672.00 |
SC |
feb/17 |
mar/35 |
5.60 | |
Biguaçu - Expansion – Reactors bench Bar 525 kV - 200 MVAr |
26.20 |
- |
SC |
jun/17 |
mar/35 |
4.36 | |
SS Nova Petrópolis – Imp. 2nd transformer 230/69 Kv |
14.62 |
83.00 |
RS |
sep/18 |
oct/40 |
1.53 | |
Canoinhas – Replacement 3rd Autotr. 230/138 kv (75 MVA por 150 MVA) |
8.78 |
75 |
SC |
jan/18 |
dec/42 |
1.43 | |
Santo Ângelo - 3rd bank of 525 / 230kV autotransformers |
44.30 |
672 |
RS |
feb/18 |
dec/42 |
7.58 | |
Tapera - Capacitor bank installation 230Kv – 50 MVAr |
7.70 |
- |
RS |
jan/18 |
dec/42 |
1.24 | |
Dourados Installation of the transforming unit 230/138 Kv |
13.35 |
- |
MS |
apr/18 |
dec/42 |
2.51 | |
Dourados Installation of the transforming unit 230/138 kV |
0.86 |
75 |
MS |
Aug/17 |
dec/42 |
0.22 | |
Biguaçu - Capacitor bank 230 kV, 100 MVAr and 230 kV connection |
9.46 |
- |
SC |
sept/18 |
dec/42 |
1.40 | |
Concession agreement 001/2015 (several developments in RS) |
(2) |
4781 |
RS |
mar/18 |
mar/45 |
110.02 |
(1) The substation AAR is being informed jointly with the TLs, according to the concession agreement.
(2) In 2016, the Company promoted a public call to select investors interested in equity participation in the projects inherent to the Concession Agreement 001/2015, whose budget forecast is approximately R $ 3.3 billion (lines and SEs). There was a proposal, which is under negotiation.
X.2.2.2 Special Proposed Company
X.2.2.2.1 Transmission Lines
SPE |
Object |
Eletrobras Companies (%) |
Investiment (R$ Million |
Lines Extension (km) |
Tensão (kV) |
Beginning of Operation |
End of Concession |
AAR (R$ Million) | ||
Total (1) |
Up to 4Q16 | |||||||||
Transnorte Energia S.A. |
Eng. Lechuga - Equador |
Eletronorte (49%) |
488.58 |
170.86 |
400.3 |
500 |
apr/19 |
jan/42 |
75.68 | |
Equador - Boa Vista |
399.57 |
0.00 |
315.20 |
61.89 | ||||||
Belo Monte Transmissora de Energia SPE S.A. |
Linha de Transmissão em Corrente Contínua de ±800 kV Xingu - Estreito. |
Eletronorte (24,5%) |
2.620 |
1,915.00 |
2092 |
±800 |
Feb/18 |
jun/44 |
434,65 (Valor total do C. Concessão) | |
TDG Transmissora Delmiro Gouveia S.A. |
TL São Luiz II/ São Luiz III |
Chesf (49%) |
425.00 |
383.00 |
156 |
230 |
jul/17 |
jul/40 |
26.90 | |
Transenergia Goiás S.A. |
Serra da Mesa – Niquelândia |
Furnas (99%) |
130.00 |
87.40 |
100 |
230 |
may/17 |
sept/39 |
12.04 | |
Paranaíba Transmissora de Energia S.A. |
Barreiras II - Rio das Éguas |
Furnas (49%) |
1,061.20 |
1,039.50 |
244 |
500 |
jan/17 |
may/43 |
- | |
Mata de Santa Genebra Transmissora S.A. |
Itatiba – Bateias |
Furnas (49,9%) |
2.021 (2) |
598.52 |
399 |
500 |
dec/17 |
may/44 |
174.45 | |
Araraquara II - Itatiba |
207 |
500 |
dec/17 | |||||||
Araraquara II - Fernão Dias |
241 |
500 |
dec/17 | |||||||
Vale do São Bartolomeu Transmissora de Energia S.A. |
Luziânia - Brasília Leste Circ 1 |
Furnas (39%) |
293.30 |
209.98 |
67 |
500 |
Aug/17 |
Oct/43 |
34.47 | |
Luziânia - Brasília Leste Circ 2 |
67 |
500 |
Oct/17 | |||||||
Brasília Sul - Brasília Geral |
13.5 |
230 |
mar/17 | |||||||
Fronteira Oeste Transmissora de Energia S.A. |
Santo Ângelo/Maçambará |
Eletrosul (51%) |
110.57 |
20.83 |
199 |
230 |
Nov/18 |
jan/44 |
7.42 | |
Paraíso Transmissora de Energia S.A. (3) |
Paraíso 2-Chapadão; |
Eletrosul (100%) |
133.97 |
6.51 |
65 |
230 |
Sept/17 |
mar/45 |
11.76 | |
(1) Investment Total Amount on the basis of the development of the business plan. | ||||||||||
(2) Includes substations and refers to June / 16. | ||||||||||
(3)Predicted start of operation is being reevaluated. AAR reference date: 06/30/2014 | ||||||||||
X.2.2.2.2 Substations
SPE |
SS |
Eletrobras Companies (%) |
Total Investiment (R$ Million) |
Total Investiment (R$ Million) |
Location (State) |
Beginning of Operation |
End of Concession |
AAR (R$ Million) | ||||||
Transnorte Energia S.A. |
SS Boa Vista - CER |
Eletronorte (49%) |
100.14 |
n/a |
RR |
May/15 |
Jan/42 |
7.22 | ||||||
SS Engenheiro Lechuga |
26.24 |
n/a |
AM |
Jan/19 |
2.75 | |||||||||
SS Equador |
111.44 |
n/a |
RR |
11.66 | ||||||||||
SS Boa Vista |
100.24 |
800 MVA |
RR |
10.49 | ||||||||||
Mata de Santa Genebra Transmissora S.A. |
SS Santa Bárbara D’Oeste 440 kV, Static Compensator (-300,+300) Mvar; |
Furnas (49.9%) |
(1) |
- |
SP |
Nov/17 |
May/44 |
(1) | ||||||
SS 500/440 kV Fernão Dias 1.200 MVA – 1st Trnsformator bench |
1,200 |
SP |
Nov/17 | |||||||||||
SS 500/440 kV Fernão Dias 2.400 MVA |
2,400 |
SP |
Feb/18 | |||||||||||
Vale do São Bartolomeu Transmissora de Energia S.A. |
SS Brasília Leste |
Furnas (39%) |
(1) |
1,080 |
DF |
Feb/18 |
Oct/43 |
(1) | ||||||
Belo Monte Transmissora de Energia S.A. |
Converter Station CA/CC,±800 kV, 4,000 MW with SS 500 kV Xingu; |
Eletronorte (24.5%) |
(1) |
4,000 |
Xingu (PA); |
Feb/18 |
Jun/44 |
(1) | ||||||
Converter Station CA/CC, ±800 kV, 3,850 MW, with SS 500 kV Estreito |
3,850 |
Feb/18 | ||||||||||||
Fronteira Oeste Transmissora de Energia S.A. (2) |
Pinhalzinho, em 230/138 kV (ATF1, ATF2 e ATF3); Expansions SE Maçarambá, Foz do Chapecó e Santo Angelo. |
Eletrosul (51%) |
58.69 |
450 |
SC/RS |
Oct/17 |
Jan/44 |
11,41 | ||||||
|
|
|
|
| ||||||||||
Transmissora Sul Litorânea de Energia - TSLE |
Expansion SS Povo Novo 525/230 kV |
Eletrosul (51%) |
36.99 |
672 |
RS |
Jan/18 |
Aug/42 |
6.21 | ||||||
ETAU |
Expansio SS Lauga Vermelha II - 50 Mvar |
Eletrosul (27,42%) |
8.32 |
- |
RS |
Sep/18 |
Dec/32 |
1.22 | ||||||
Paraíso Transmissora de Energia S.A. (4) |
Campo Grande 2 EL 230 PAR2; |
Eletrosul (100%) |
72.23 |
300 |
MS |
Mar/18 |
Mar/45 |
10.24 | ||||||
|
(1) The RAP and total investment value of the Substations is being informed jointly with the LTs, according to the concession agreement. | |||||||||||||
|
(2) Expansions of the São Paulo and Santo Angelo SEs are scheduled for Nov / 18. SE located in SC, and enlargements in RS. RAP reference date: 08/08/2013 | |||||||||||||
|
(3) Start-of-operation forecast is being revalued. RAP reference date: 06/30/2014 | |||||||||||||
XI. SPEs Data,
XI.1 Operational Data
XI.1.1 Generation
XI.1.1.1 Operational Assepts and Generated Energy
SPE |
Plant |
Eletrobras Companies (%) |
Location (State) |
Installed Capacity(MW) |
Energy Assured (MW Avg) |
Generated Energy MWh |
Beginning of Operation |
End of Concession |
RCE |
FCE15 | ||||
1Q16 |
2Q16 |
3Q16 |
4Q16 |
MW Médio |
Avg Price (R$/ MWh) |
MW Average | ||||||||
EAPSA - Energia Águas Da Pedra S.A. |
HPU Dardanelos |
Eletronorte (24,5%) |
MT |
261,0 |
154,9 |
319.240 |
234.471 |
6.037 |
156.434 |
ago/11 |
jul/42 |
154,9 |
202,86 |
- |
Amapari Energia S.A.(1) |
TPP Serra do Navio |
Eletronorte (49%) |
AP |
23,3 |
21,0 |
- |
- |
- |
- |
jun/08 |
mai/37 |
- |
- |
- |
Brasventos Miassaba 3 Geradora de Energia S.A |
Wind farm Miassaba 3 |
Eletronorte (24,5%) |
RN |
68,5 |
22,8 |
26 |
40 |
64 |
58 |
jul/14 (2) |
ago/45 |
63,8 |
236,43 |
- |
Brasventos Eolo Geradora de Energia S.A. |
Wind farm Rei dos Ventos 1 |
Eletronorte (24,5%) |
RN |
58,5 |
21,9 |
29 |
35 |
57 |
55 |
jul/14 (2) |
dez/45 |
57,2 |
237,52 |
- |
Rei dos Ventos 3 Geradora de Energia S.A. |
Wind farm Rei dos Ventos 3 |
Eletronorte (24,5%) |
RN |
60,1 |
21,1 |
29 |
37 |
57 |
51 |
jul/14 (2) |
dez/45 |
57,3 |
237,99 |
- |
ESBR Participações S.A. (3) |
HPU Jirau |
Chesf (20%) |
RO |
3.750,0 |
2.205,1 |
3.526.896 |
3.110.105 |
1.058.534 |
1.391.512 |
set/13 |
ago/43 |
1.642,6 |
139 |
563 |
Norte Energia S.A. (8) |
HPU B. Monte |
Chesf (15%) |
PA |
1.924,4 |
4.571,0 |
- |
1.100.654 |
2.615.448 |
3.762.668 |
abr/16 |
ago/45 |
(13) |
117,55 |
(13) |
Pedra Branca S.A. |
Pedra Branca |
Chesf (49%) |
BA |
30,0 |
12,2 |
20.280 |
31.410 |
37.049 |
27.658 |
mar/13 |
fev/46 |
12,2 |
183 |
- |
São Pedro do Lago S.A. |
São Pedro do Lago |
Chesf (49%) |
BA |
30,0 |
13,5 |
17.760 |
28.871 |
34.466 |
25.173 |
mar/13 |
fev/46 |
13,5 |
183 |
- |
Sete Gameleiras S.A. |
Sete Gameleiras |
Chesf (49%) |
BA |
30,0 |
12,6 |
16.344 |
28.013 |
34.551 |
25.451 |
mar/13 |
fev/46 |
12,6 |
183 |
- |
Baraúnas I Energética S.A. |
WPP Baraúnas I |
Chesf (49%) |
BA |
32,9 |
12,4 |
16.591 |
29.264 |
35.113 |
26.163 |
nov/15 |
fev/49 |
12,4 |
135 |
- |
Mussambê Energética S.A. |
WPP Mussambê |
Chesf (49%) |
BA |
32,9 |
11,5 |
16.246 |
28.167 |
34.732 |
25.317 |
out/15 |
fev/49 |
11,5 |
135 |
- |
Morro Branco I Energética S.A. |
WPP Morro Branco I |
Chesf (49%) |
BA |
32,9 |
12,7 |
15.713 |
27.562 |
35.993 |
26.140 |
nov/15 |
fev/49 |
12,7 |
135 |
- |
Banda de Couro Energética S.A. |
WPP Banda de Couro |
Chesf (49%) |
BA |
32,9 |
12,8 |
3.232 |
26.953 |
33.257 |
24.208 |
mar/16 |
jul/49 |
- |
145 |
12,80(16) |
Baraúnas II Energética S.A. |
WPP Baraunas II |
Chesf (1,76%) |
BA |
25,9 |
10,7 |
2.630 |
20.473 |
26.420 |
19.635 |
mar/16 |
jul/49 |
- |
143 |
12,80(16) |
V. de Santa Joana IX Energia Renováveis S.A. (4) |
Santa Joana IX |
Chesf (1,56%) |
PI |
29,6 |
14,8 |
15.004 |
29.973 |
37.807 |
22.613 |
ago/15 |
ago/35 |
11,8 |
128,28 |
1,43 |
V. de Santa Joana X Energia Renováveis S.A. (4) |
Santa Joana X |
Chesf (49%) |
PI |
29,6 |
15,5 |
16.105 |
30.973 |
38.377 |
23.642 |
jul/15 |
ago/35 |
12,0 |
128,28 |
1,63 |
V. de Santa Joana XI Energia Renováveis S.A. (4) |
Santa Joana XI |
Chesf (49%) |
PI |
29,6 |
16,0 |
16.632 |
29.127 |
37.020 |
23.194 |
jul/15 |
ago/35 |
12,4 |
128,28 |
1,71 |
V. de Santa Joana XII Energia Renováveis S.A. (4) |
Santa Joana XII |
Chesf (49%) |
PI |
28,9 |
17,4 |
22.752 |
34.464 |
39.970 |
28.697 |
jul/15 |
ago/35 |
13,5 |
128,28 |
1,85 |
V. de Santa Joana XIII Energia Renováveis S.A. (4) |
Santa Joana XIII |
Chesf (49%) |
PI |
29,6 |
16,2 |
17.242 |
30.148 |
36.340 |
23.765 |
jul/15 |
ago/35 |
11,1 |
128,28 |
2,33 |
V. de Santa Joana XV Energia Renováveis S.A. (4) |
Santa Joana XV |
Chesf (49%) |
PI |
28,9 |
17,3 |
21.221 |
34.571 |
39.553 |
28.137 |
jul/15 |
ago/35 |
13,0 |
128,28 |
2,00 |
V. de Santa Joana XVI Energia Renováveis S.A. (4) |
Santa Joana XVI |
Chesf (49%) |
PI |
28,9 |
17,8 |
20.567 |
35.422 |
40.920 |
28.222 |
jul/15 |
ago/35 |
13,2 |
128,28 |
2,13 |
V. de Santa Joana I Energia Renováveis S.A. (7) |
WPP Santa Joana I |
Chesf (49%) |
PI |
28,9 |
14,7 |
20.320 |
20.690 |
38.066 |
26.735 |
jan/16 |
dez/35 |
15,8 (14) |
157,11 |
-0,4 (14) |
V. de Santa Joana III Energia Renováveis S.A. (7) |
WPP Santa Joana III |
Chesf (49%) |
PI |
29,6 |
14,3 |
25.084 |
14.779 |
33.614 |
21.982 |
mar/16 |
dez/35 |
15,1 (14) |
156,67 |
-0,4 (14) |
V. de Santa Joana IV Energia Renováveis S.A. (7) |
WPP Santa Joana IV |
Chesf (49%) |
PI |
27,2 |
14,2 |
17.474 |
24.787 |
38.024 |
26.711 |
jan/16 |
dez/35 |
12,65 |
156,89 |
0,75 |
V. de Santa Joana V Energia Renováveis S.A. (7) |
WPP Santa Joana V |
Chesf (49%) |
PI |
28,9 |
14,1 |
18.897 |
26.088 |
38.942 |
27.619 |
jan/16 |
dez/35 |
12,84 |
156,85 |
1,36 |
V. de Santa Joana VII Energia Renováveis S.A. (7) |
WPP Santa Joana VII |
Chesf (49%) |
PI |
28,9 |
14,8 |
22.109 |
26.604 |
40.076 |
28.028 |
jan/16 |
dez/35 |
13,34 |
156,88 |
0,76 |
V. de Santo Augusto IV Energia Renováveis S.A. (7) |
WPP Santo Augusto IV |
Chesf (49%) |
PI |
28,9 |
15,7 |
22.832 |
25.627 |
39.253 |
26.433 |
fev/16 |
dez/35 |
13,95 |
155,25 |
0,85 |
U.E.E. Caiçara I S.A. (5) |
WPP Caiçara I |
Chesf (49%) |
RN |
27,0 |
15,1 |
21.296 |
27.246 |
38.270 |
39.541 |
nov/15 |
jun/47 |
14,48 |
146,27 |
0,62 |
U.E.E. Caiçara II S.A.(5) |
WPP Caiçara II |
Chesf (49%) |
RN |
18,0 |
9,6 |
14.553 |
18.624 |
26.036 |
25.734 |
nov/15 |
jul/47 |
9,54 |
146,17 |
0,06 |
U.E.E. Junco I S.A. (5) |
WPP Junco I |
Chesf (49%) |
RN |
24,0 |
13,1 |
17.963 |
23.150 |
32.501 |
33.323 |
nov/15 |
jul/47 |
12,79 |
147,29 |
0,31 |
U.E.E. Junco II S.A (5) |
WPP Junco II |
Chesf (49%) |
RN |
24,0 |
13,3 |
18.428 |
22.754 |
32.457 |
33.689 |
nov/15 |
jul/47 |
12,52 |
146,55 |
0,78 |
Eólica Serra das Vacas I S.A. (6) |
Serra das Vacas I |
Chesf (49%) |
PE |
23,9 |
12,2 |
22.908 |
23.517 |
30.419 |
34.507 |
dez/15 |
jun/49 |
12,20 |
146,27 |
- |
Eólica Serra das Vacas II S.A. (6) |
Serra das Vacas II |
Chesf (49%) |
PE |
22,3 |
9,9 |
17.359 |
18.310 |
25.690 |
32.073 |
dez/15 |
jun/49 |
9,90 |
145,88 |
- |
Eólica Serra das Vacas III S.A. (6) |
Serra das Vacas III |
Chesf (49%) |
PE |
22,2 |
11,0 |
20.989 |
19.545 |
26.393 |
32.326 |
dez/15 |
jun/49 |
11,00 |
146,35 |
- |
Eólica Serra das Vacas IV S.A. (6) |
Serra das Vacas IV |
Chesf (49%) |
PE |
22,3 |
10,5 |
20.290 |
20.076 |
26.460 |
33.110 |
dez/15 |
jun/49 |
10,50 |
146,42 |
- |
Enerpeixe S.A. |
HPU Peixe Angical |
Furnas (40%) |
TO |
498,8 |
280,5 |
597.207 |
339.700 |
408.022 |
350.639 |
jun/06 |
nov/36 |
15,01 |
156,58 |
265,49 |
Baguari Geração de Energia S.A. |
HPU Baguari |
Furnas (15%) |
MG |
140,0 |
80,0 |
5.215 |
28.848 |
15.037 |
53.294 |
set/09 |
ago/41 |
77,07 |
217,07 |
3,13 |
Retiro Baixo Energética S.A. |
HPU Retiro Baixo |
Furnas (49%) |
MG |
82,0 |
38,5 |
83.611 |
23.069 |
221 |
48.271 |
mar/10 |
ago/41 |
36,00 |
216,47 |
2,50 |
Foz de Chapecó Energia S.A. |
HPU Foz de Chapecó |
Furnas (40%) |
RS/SC |
855,0 |
432,0 |
1.421.289 |
1.206.771 |
1.198.467 |
1.089.199 |
out/10 |
nov/36 |
432,00 |
231,45 |
- |
Serra do Facão Energia S.A. |
HPU Serra do Facão |
Furnas (49,5%) |
GO |
212,6 |
182,4 |
113.508 |
106.671 |
78.550 |
72.964 |
jul/10 |
nov/36 |
122,03 |
231,45 |
60,37 |
Madeira Energia S.A. |
HPU Santo Antônio (9) |
Furnas (39%) |
RO |
3.150,4 |
2.218,0 |
3.468.985 |
3.634.245 |
2.075.666 |
2.305.323 |
mar/12 |
jun/43 |
1.552,60 |
137,89 |
665,40 |
Tijoá Participações e Investimentos S.A. |
HPU Três Irmãos (11) |
Furnas (49,9%) |
SP |
807,5 |
217,5 |
909.052,81 |
485.517,87 |
574.854,21 |
705.902 |
out/14 |
set/44 |
(15) |
(15) |
(15) |
Teles Pires Participações S.A. |
HPU Teles Pires (10) |
Furnas (24,5%) |
PA/MT |
1.819,8 |
930,7 |
506.486 |
640.950 |
489.093 |
1.139.982 |
nov/15 |
jun/46 |
482,29 |
87,11 |
85,11 |
Eólica Livramento S.A. (12) |
Wind farm de Cerro Chato IV, V, VI, Ibirapuitã e Trindade |
Eletrosul (59%) |
RS |
25,2 |
31,1 |
16.870 |
20.525 |
22.899 |
19.289 |
nov/13 |
mar/47 |
21,85 |
131,60 |
0,21 |
Santa Vitória do Palmar S.A. |
Wind farm Geribatu I a X |
Eletrosul (49%) |
RS |
258,0 |
109,2 |
174.034 |
190.927 |
199.774 |
215.669 |
fev/15 |
abr/47 |
22,05 |
132,93 |
- |
Eólica –Chuí Holding S.A. |
Wind farm Chuí I a V, e Minuano I e II |
Eletrosul (49%) |
RS |
144,0 |
59,6 |
92.611 |
101.998 |
102.935 |
107.682 |
mai/15 |
abr/47 |
22,05 |
138,97 |
- |
Hermenegildo I S.A. |
Wind farm Verace 24 a 27 |
Eletrosul (99,99%) |
RS |
57,3 |
24,9 |
43.507 |
47.522 |
47.238 |
49.761 |
nov/15 |
jun/49 |
1.561,28 |
148,99 |
643,82 |
Hermenegildo II S.A. |
Wind farm Verace 28 a 31 |
Eletrosul (99,99%) |
RS |
57,3 |
25,3 |
39.012 |
42.850 |
43.133 |
46.371 |
dez/15 |
jun/49 |
1.566,78 |
148,48 |
638,32 |
Hermenegildo III S.A. |
Wind farm Verace 34 a 36 |
Eletrosul (99,99%) |
RS |
48,3 |
21,0 |
22.976 |
36.465 |
37.354 |
40.034 |
dez/15 |
jun/49 |
1.549,53 |
148,36 |
655,57 |
Chuí IX S.A. |
Wind farm Chuí 09 |
Eletrosul (99,99%) |
RS |
17,9 |
7,4 |
12.321 |
13.643 |
13.418 |
14.527 |
out/15 |
mai/49 |
1.554,88 |
148,40 |
650,22 |
(1) The plant has been out of operation since 07/04/2014. The Data Collection System - SCD has been deactivated
(2) Decision obtained by injunction, requesting a preliminary injunction.
(3) The first turbine went into operation in Sep / 2013 with 75MW of installed capacity. In the fourth quarter of 2016, the company totaled 50 machines in operation, resulting in an installed capacity of 3,750 MW. Increase in the physical guarantee of the Jirau HPP due to revision of the hydraulic loss, according to MME Ordinance No. 337, of 11/11/2015.
(4) The shares of the SPEs V. de Santa Joana IX, X, XI, XII, XIII, XV and XIV Energia Renováveis S.A. were merged into Chapada do Piauí I Holding S.A.
(5) The shareholdings of SPEs U.E.E. Caiçara I S.A., U.E.E. Caiçara II S.A., U.E.E. Junco I S.A. and U.E.E. Junco II S.A were merged into Vamcruz I Participações S.A ..
(6) The interests of the SPEs were merged into Serra das Vacas Holding S.A.
(7) The shares of the SPEs V. de Santa Joana I, III, IV, V, VII and Santo Augusto IV Energia Renováveis S.A. were merged into Chapada do Piauí II Holding S.A.
(8) 07 generating units in commercial operation totaling 1988.7 MW in commercial operation, oct of a total of 11,233.10 MW.
(9) 44 units (oct of a total of 50) in operation up to 4Q16, totaling 3,150.43 MW, with a total power of 3,568 MW. Physical guarantee corresponds to operating units.
(10) The concession of Três Irmãos HPP, owned by Cesp and due in November 2011, was not renewed under the terms of Law 12,783 / 2013. In the Auction No. 002/2014 - ANEEL, on March 28, 2014, the FURNAS consortium (49.9%) and FIP CONSTANTINOPLA (50.1%) won the concession for the Três Irmãos HPP concession, By means of a proposal for the contracting of an electric power generation service, by the lower Generation Assept Management Cost (GAG), including the costs of operation, mayntenance, administration, compensation and amortization of the hydroelectric plant, when applicable, under the regime of Deals with art. 8 of Law 12,783 of 11/01/13, for a period of 30 years as of the effective date of the respective Concession Agreement, which was signed on 09/10/2014.
(11) All five generating units are in operation.
(12) In commercial operation 25.2 MW, oct of a total of 79.2 MW available, corresponding to Ibirapuitã park, whose physical guarantee is 11.7 MW. The operation of the other parks is under judicial discussion, due to an accident occurred on 12/2014.
(13) Due to the power plant with a judicial injunction that limits energy billing to a percentage of the physical guarantee in commercial operation, it is not possible to calculate marketable energy in advance. Currently installed capacity in commercial operation is 1,295MW
(14) SPEs had the physical guarantee adjusted after the auction with the contracted energy being greater than the current physical guarantee.
(15) Tijoá operates the Três Irmãos HPP under the Special Administration regime (Law no. 12,783 / 2013).
(16) The BSP de Barro and Baraúnas II Wind Spas come from Auction A-5, with 100% energy sales contracts in the ACR for delivery starting in May 2018. Since these wind farms were in operation in advance, the energy Is being sold in the FCE.
XI.1.1.2 Energy Sold
SPE |
Eletrobras Companies (%) |
Buyer |
Sell Type |
1Q16 |
2Q16 |
3Q16 |
4Q16 | ||||
R$ million |
MWh |
R$ million |
MWh |
R$ million |
MWh |
R$ million |
MWh | ||||
EAPSA - Energia Águas Da Pedra S.A. |
Eletronorte (24,5%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
- |
- |
- |
- |
- |
- | ||
B |
62.00 |
332,274 |
60.00 |
314,225 |
62.00 |
313,960 |
66.94 |
330,789 | |||
Amapari Energia S.A. (1) |
Eletronorte (49%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
- |
- |
- |
- |
- |
- | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Brasventos Miassaba 3 Geradora de Energia S.A |
Eletronorte (24,5%) |
Eletrobras System |
A |
5.70 |
26,401 |
8.60 |
39,822 |
15.09 |
63,811 |
13.79 |
58,336 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
- |
- |
- |
- |
- |
- | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Brasventos Eolo Geradora de Energia S.A. |
Eletronorte (24,5%) |
Eletrobras System |
A |
6.31 |
28,918 |
7.71 |
35,340 |
13.59 |
57,206 |
13.06 |
54,967 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
- |
- |
- |
- |
- |
- | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Rei dos Ventos 3 Geradora de Energia S.A. |
Eletronorte (24,5%) |
Eletrobras System |
A |
6.26 |
28,645 |
8.17 |
37,355 |
13.64 |
57,329 |
12.05 |
50,640 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
- |
- |
- |
- |
- |
- | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
ESBR Participações S.A. (3) |
Chesf (20%) |
Eletrobras System |
A |
63.19 |
532,235 |
61.75 |
560,308 |
68.26 |
673,711 |
50.72 |
363,135 |
B |
101.06 |
470,195 |
101.02 |
469,979 |
102.13 |
535,398 |
109.44 |
474,929 | |||
Others |
A |
356.70 |
2,981,698 |
331.63 |
2,857,059 |
341.65 |
3,232,042 |
353.29 |
3,049,295 | ||
B |
171.75 |
799,078 |
136.29 |
634,085 |
153.19 |
803,097 |
161.95 |
693,010 | |||
Norte Energia S.A. (8) |
Chesf (15%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
98.05 |
880,524 |
265.85 |
2,218,022 |
364.14 |
3,010,135 | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Pedra Branca S.A. |
Chesf (49%) |
Eletrobras System |
A |
2.76 |
15,078 |
2.76 |
15,078 |
2.76 |
15,078 |
2.99 |
15,078 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
2.13 |
11,640 |
2.13 |
11,640 |
2.13 |
11,640 |
2.31 |
11,640 | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
São Pedro do Laug S.A. |
Chesf (49%) |
Eletrobras System |
A |
2.98 |
16,314 |
2.98 |
16,314 |
2.98 |
16,314 |
3.24 |
16,314 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
2.30 |
12,594 |
2.30 |
12,594 |
2.30 |
12,594 |
2.50 |
12,594 | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Septe Gameleiras S.A. |
Chesf (49%) |
Eletrobras System |
A |
2.82 |
15,449 |
2.82 |
15,449 |
2.82 |
15,449 |
3.06 |
15,449 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
2.18 |
11,926 |
2.18 |
11,926 |
2.18 |
11,926 |
2.37 |
11,926 | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Baraúnas I Energética S.A. |
Chesf (49%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
3.16 |
23,396 |
3.16 |
23,396 |
3.62 |
26,791 |
3.62 |
26,791 | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Mussambê Energética S.A. |
Chesf (49%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
3.13 |
23,150 |
3.13 |
23,150 |
3.38 |
25,034 |
3.38 |
25,034 | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Morro Branco I Energética S.A. |
Chesf (49%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
3.24 |
23,992 |
3.24 |
23,992 |
3.71 |
27,450 |
3.71 |
27,450 | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Banda de Couro Energética S.A. |
Chesf (49%) |
Eletrobras System |
A |
0.09 |
576 |
0.09 |
576 |
2.55 |
17,589 |
1.67 |
11,542 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
0.70 |
4,784 |
0.70 |
4,784 |
2.65 |
18,303 |
1.71 |
11,812 | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Baraúnas II Energética S.A. |
Chesf (1,76%) |
Eletrobras System |
A |
0.07 |
488 |
0.07 |
488 |
2.21 |
15,483 |
1.37 |
9,592 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
0.59 |
4,052 |
0.59 |
4,052 |
2.30 |
16,130 |
1.42 |
9,982 | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
V. de Santa Joana IX Energia Renováveis S.A. (4) |
Chesf (1,56%) |
Eletrobras System |
A |
3.70 |
28,842 |
3.70 |
28,829 |
3.70 |
28,829 |
3.96 |
29,132 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
- |
- |
- |
- |
- |
- | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
V. de Santa Joana X Energia Renováveis S.A. (4) |
Chesf (49%) |
Eletrobras System |
A |
3.81 |
29,716 |
3.81 |
29,702 |
3.81 |
29,702 |
4.16 |
30,015 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
- |
- |
- |
- |
- |
- | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
V. de Santa Joana XI Energia Renováveis S.A. (4) |
Chesf (49%) |
Eletrobras System |
A |
3.95 |
30,809 |
3.95 |
30,794 |
3.95 |
30,794 |
4.00 |
31,119 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
- |
- |
- |
- |
- |
- | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
V. de Santa Joana XII Energia Renováveis S.A. (4) |
Chesf (49%) |
Eletrobras System |
A |
4.29 |
33,431 |
4.29 |
33,415 |
4.29 |
33,415 |
4.68 |
33,767 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
- |
- |
- |
- |
- |
- | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
V. de Santa Joana XIII Energia Renováveis S.A. (4) |
Chesf (49%) |
Eletrobras System |
A |
3.76 |
29,279 |
3.75 |
29,266 |
3.75 |
29,266 |
4.08 |
29,574 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
- |
- |
- |
- |
- |
- | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
V. de Santa Joana XV Energia Renováveis S.A. (4) |
Chesf (49%) |
Eletrobras System |
A |
4.20 |
32,775 |
4.20 |
32,760 |
4.20 |
32,760 |
4.59 |
33,105 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
- |
- |
- |
- |
- |
- | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
V. de Santa Joana XVI Energia Renováveis S.A. (4) |
Chesf (49%) |
Eletrobras System |
A |
4.29 |
33,431 |
4.29 |
33,415 |
4.29 |
33,415 |
4.68 |
33,767 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
- |
- |
- |
- |
- |
- | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
V. de Santa Joana I Energia Renováveis S.A. (7) |
Chesf (49%) |
Eletrobras System |
A |
4.27 |
31,767 |
5.04 |
32,105 |
5.10 |
32,458 |
5.10 |
32,443 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
- |
- |
- |
- |
- |
- | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
V. de Santa Joana III Energia Renováveis S.A. (7) |
Chesf (49%) |
Eletrobras System |
A |
3.89 |
28,957 |
4.89 |
31,231 |
4.64 |
29,587 |
4.63 |
29,574 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
- |
- |
- |
- |
- |
- | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
V. de Santa Joana IV Energia Renováveis S.A. (7) |
Chesf (49%) |
Eletrobras System |
A |
4.12 |
30,686 |
4.87 |
31,013 |
4.92 |
31,354 |
4.92 |
31,339 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
- |
- |
- |
- |
- |
- | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
V. de Santa Joana V Energia Renováveis S.A. (7) |
Chesf (49%) |
Eletrobras System |
A |
4.09 |
30,470 |
4.83 |
30,794 |
4.88 |
31,133 |
4.88 |
31,119 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
- |
- |
- |
- |
- |
- | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
V. de Santa Joana VII Energia Renováveis S.A. (7) |
Chesf (49%) |
Eletrobras System |
A |
4.30 |
31,983 |
5.07 |
32,323 |
5.13 |
32,678 |
5.12 |
32,664 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
- |
- |
- |
- |
- |
- | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
V. de Santo Augusto IV Energia Renováveis S.A. (7) |
Chesf (49%) |
Eletrobras System |
A |
4.47 |
33,279 |
5.32 |
34,289 |
5.28 |
34,003 |
5.28 |
33,988 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
- |
- |
- |
- |
- |
- | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
WPP Caiçara I S.A. (5) |
Chesf (49%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
4.31 |
29,498 |
4.31 |
29,484 |
4.36 |
29,808 |
4.36 |
29,795 | ||
B |
0.53 |
2,203 |
0.25 |
911 |
0.27 |
2,023 |
0.71 |
2,978 | |||
WPP Caiçara II S.A. (5) |
Chesf (49%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
2.97 |
20,327 |
2.97 |
20,318 |
3.00 |
20,541 |
3.00 |
20,532 | ||
B |
0.10 |
439 |
0.05 |
167 |
- 104.16 |
- 1 |
- 62.12 |
- 0 | |||
WPP Junco I S.A. (5) |
Chesf (49%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
3.89 |
26,443 |
3.89 |
26,431 |
3.94 |
26,721 |
3.93 |
26,709 | ||
B |
0.32 |
1,336 |
0.15 |
560 |
0.14 |
1,020 |
0.38 |
1,508 | |||
WPP Junco II S.A (5) |
Chesf (49%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
3.65 |
24,911 |
3.65 |
24,900 |
3.69 |
25,173 |
3.69 |
25,162 | ||
B |
0.62 |
2,568 |
0.28 |
1,039 |
0.35 |
2,591 |
0.91 |
3,790 | |||
Eólica Serra das Vacas I S.A. (6) |
Chesf (49%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
3.90 |
26,657 |
3.90 |
26,645 |
3.94 |
26,938 |
3.94 |
26,925 | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Eólica Serra das Vacas II S.A. (6) |
Chesf (49%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
3.16 |
21,632 |
3.15 |
21,622 |
3.19 |
21,859 |
3.19 |
21,849 | ||
B |
0.05 |
1,166 |
0.03 |
375 |
- |
- |
0.30 |
3,234 | |||
Eólica Serra das Vacas III S.A. (6) |
Chesf (49%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
3.77 |
25,764 |
3.52 |
24,024 |
3.55 |
24,288 |
3.55 |
24,277 | ||
B |
0.02 |
563 |
0.00 |
70 |
- |
- |
0.19 |
2,884 | |||
Eólica Serra das Vacas IV S.A. (6) |
Chesf (49%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
3.72 |
25,392 |
3.36 |
22,932 |
3.39 |
23,184 |
3.39 |
23,174 | ||
B |
0.04 |
971 |
0.02 |
260 |
- |
- |
0.27 |
3,152 | |||
Enerpeixe S.A. |
Furnas (40%) |
Eletrobras System |
A |
- |
- |
- |
- |
0.29 |
4,435 |
1.55 |
10,570 |
B |
- |
- |
- |
- |
- |
- |
25.97 |
162,960 | |||
Others |
A |
- |
- |
- |
- |
- |
- |
- |
- | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Baguari Geração de Energia S.A. |
Furnas (15%) |
Eletrobras System |
A |
0.30 |
1,519 |
0.30 |
1,502 |
0.30 |
1,592 |
0.40 |
1,724 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
16.62 |
84,946 |
15.84 |
78,924 |
16.43 |
78,802 |
17.53 |
82,569 | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Retiro Baixo Energética S.A. |
Furnas (49%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
16.30 |
83,446 |
15.61 |
77,579 |
15.68 |
75,636 |
16.83 |
79,564 | ||
B |
0.45 |
2,185 |
0.45 |
2,184 |
0.46 |
2,208 |
0.46 |
2,207 | |||
Foz de Chapecó Energia S.A. |
Furnas (40%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
117.77 |
549,239 |
120.48 |
577,598 |
133.06 |
587,441 | ||
B |
- |
- |
86.17 |
377,395 |
80.52 |
377,395 |
89.86 |
381,542 | |||
Serra do Facão Energia S.A. |
Furnas (49,5%) |
Eletrobras System |
A |
3.81 |
18,024 |
4.21 |
19,324 |
4.51 |
21,288 |
9.56 |
41,885 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
54.04 |
259,320 |
88.63 |
240,686 |
52.68 |
236,666 |
85.21 |
225,670 | ||
B |
27.30 |
124,827 |
32.96 |
150,696 |
30.39 |
138,960 |
24.62 |
112,557 | |||
Madeira Energia S.A. |
Furnas (39%) |
Eletrobras System |
A |
28.35 |
75,865 |
29.96 |
77,650 |
32.72 |
83,280 |
34.73 |
256,757 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
401.02 |
3,391,271 |
387.92 |
3,215,459 |
408.72 |
3,272,828 |
438.68 |
3,264,929 | ||
B |
279.70 |
1,365,312 |
333.32 |
1,530,958 |
345.84 |
1,546,525 |
377.73 |
1,785,279 | |||
Tijoá Participações e Investimentos S.A. |
Furnas (49,9%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
- |
- |
- |
- |
- |
- |
- |
- | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Teles Pires Participações S.A. |
Furnas (24,5%) |
Eletrobras System |
A |
16.77 |
209,464 |
16.57 |
148,764 |
17.54 |
154,042 |
12.75 |
152,446 |
B |
26.38 |
139,876 |
28.85 |
139,812 |
29.16 |
141,348 |
44.47 |
302,526 | |||
Others |
A |
117.70 |
1,508,821 |
116.76 |
1,505,175 |
122.69 |
1,531,963 |
110.12 |
1,297,987 | ||
B |
27.46 |
145,585 |
30.02 |
145,518 |
30.35 |
147,117 |
46.28 |
314,874 | |||
Eólica Livramento S.A. (12) |
Eletrosul (59%) |
Eletrobras System |
A |
0.24 |
1,824 |
0.29 |
2,219 |
0.33 |
2,476 |
0.27 |
2,086 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
1.98 |
15,046 |
2.41 |
18,306 |
2.69 |
20,423 |
2.26 |
17,204 | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Santa Vitória do Palmar S.A. |
Eletrosul (49%) |
Eletrobras System |
A |
2.50 |
18,817 |
2.74 |
20,643 |
2.87 |
21,600 |
3.10 |
23,318 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
20.63 |
155,218 |
22.64 |
170,284 |
23.68 |
178,174 |
25.57 |
192,351 | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Eólica –Chuí Holding S.A. |
Eletrosul (49%) |
Eletrobras System |
A |
1.39 |
10,013 |
1.53 |
11,028 |
1.55 |
11,129 |
1.62 |
11,643 |
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Others |
A |
11.48 |
82,598 |
12.64 |
90,970 |
12.76 |
91,806 |
13.35 |
96,040 | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Hermenegildo I S.A. |
Eletrosul (99,99%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
2.33 |
15,506 |
2.33 |
15,506 |
2.35 |
15,677 |
2.35 |
15,670 | |||
Others |
A |
6.31 |
42,370 |
6.31 |
42,370 |
6.38 |
42,835 |
6.38 |
42,816 | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Hermenegildo II S.A. |
Eletrosul (99,99%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
2.52 |
16,817 |
2.52 |
16,817 |
2.54 |
17,002 |
2.54 |
16,994 | |||
Others |
A |
6.13 |
41,278 |
6.13 |
41,278 |
6.20 |
41,731 |
6.19 |
41,712 | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Hermenegildo III S.A. |
Eletrosul (99,99%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
2.16 |
14,414 |
2.16 |
14,414 |
2.18 |
14,573 |
2.18 |
14,566 | |||
Others |
A |
5.05 |
34,070 |
5.05 |
34,070 |
5.11 |
34,445 |
5.11 |
34,429 | ||
B |
- |
- |
- |
- |
- |
- |
- |
- | |||
Chuí IX S.A. |
Eletrosul (99,99%) |
Eletrobras System |
A |
- |
- |
- |
- |
- |
- |
- |
- |
B |
0.75 |
5,023 |
0.75 |
5,023 |
0.76 |
5,078 |
0.75 |
5,023 | |||
Others |
A |
1.78 |
12,012 |
1.78 |
12,012 |
1.80 |
12,144 |
1.80 |
12,139 | ||
B |
- |
- |
- |
- |
- |
- |
- |
- |
A –Sale of energy in the regulated environment - revenues from quotas.
B - Through free market contracts or bilateral contracts.
XI.1.1.3 Average Rate – R$/MWh
SPE |
Eletrobras Companies (%) |
1Q16 |
2Q16 |
3Q16 |
4Q16 |
EAPSA - Energia Águas Da Pedra S.A. |
Eletronorte (24,5%) |
186.57 |
191.85 |
197.46 |
202.11 |
Amapari Energia S.A. (1) |
Eletronorte (49%) |
- |
0.00 |
- |
- |
Brasventos Miassaba 3 Geradora de Energia S.A |
Eletronorte (24,5%) |
217.22 |
217.22 |
236.43 |
236.43 |
Brasventos Eolo Geradora de Energia S.A. |
Eletronorte (24,5%) |
218.22 |
218.22 |
237.52 |
237.52 |
Rei dos Ventos 3 Geradora de Energia S.A. |
Eletronorte (24,5%) |
218.65 |
218.65 |
237.99 |
237.99 |
ESBR Participações S.A. (3) |
Chesf (20%) |
144.82 |
139.49 |
126.85 |
147.45 |
Norte Energia S.A. (8) |
Chesf (15%) |
34.81 |
111.35 |
119.86 |
120.97 |
Pedra Branca S.A. |
Chesf (49%) |
188.48 |
188.48 |
188.48 |
198.37 |
São Pedro do Laug S.A. |
Chesf (49%) |
188.48 |
188.48 |
188.48 |
198.37 |
Septe Gameleiras S.A. |
Chesf (49%) |
188.48 |
188.48 |
188.48 |
198.37 |
Baraúnas I Energética S.A. |
Chesf (49%) |
135.09 |
135.09 |
139.13 |
147.22 |
Mussambê Energética S.A. |
Chesf (49%) |
135.09 |
135.09 |
139.13 |
147.22 |
Morro Branco I Energética S.A. |
Chesf (49%) |
135.09 |
135.09 |
139.13 |
147.22 |
Banda de Couro Energética S.A. |
Chesf (49%) |
143.44 |
143.44 |
143.44 |
143.44 |
Baraúnas II Energética S.A. |
Chesf (1,76%) |
141.31 |
141.31 |
141.31 |
141.31 |
V. de Santa Joana IX Energia Renováveis S.A. (4) |
Chesf (1,56%) |
128.28 |
128.28 |
128.28 |
139.79 |
V. de Santa Joana X Energia Renováveis S.A. (4) |
Chesf (49%) |
128.28 |
128.28 |
128.28 |
139.79 |
V. de Santa Joana XI Energia Renováveis S.A. (4) |
Chesf (49%) |
128.28 |
128.28 |
128.28 |
139.79 |
V. de Santa Joana XII Energia Renováveis S.A. (4) |
Chesf (49%) |
128.28 |
128.28 |
128.28 |
139.79 |
V. de Santa Joana XIII Energia Renováveis S.A. (4) |
Chesf (49%) |
128.28 |
128.28 |
128.28 |
139.79 |
V. de Santa Joana XV Energia Renováveis S.A. (4) |
Chesf (49%) |
128.28 |
128.28 |
128.28 |
139.79 |
V. de Santa Joana XVI Energia Renováveis S.A. (4) |
Chesf (49%) |
128.28 |
128.28 |
128.28 |
139.79 |
V. de Santa Joana I Energia Renováveis S.A. (7) |
Chesf (49%) |
134.31 |
157.11 |
157.11 |
157.11 |
V. de Santa Joana III Energia Renováveis S.A. (7) |
Chesf (49%) |
134.31 |
156.67 |
156.67 |
156.67 |
V. de Santa Joana IV Energia Renováveis S.A. (7) |
Chesf (49%) |
134.31 |
156.89 |
156.89 |
156.89 |
V. de Santa Joana V Energia Renováveis S.A. (7) |
Chesf (49%) |
134.31 |
156.85 |
156.85 |
156.85 |
V. de Santa Joana VII Energia Renováveis S.A. (7) |
Chesf (49%) |
134.31 |
156.88 |
156.88 |
156.88 |
V. de Santo Augusto IV Energia Renováveis S.A. (7) |
Chesf (49%) |
134.31 |
155.25 |
155.25 |
155.25 |
U.E.E. Caiçara I S.A. (5) |
Chesf (49%) |
146.27 |
146.27 |
146.27 |
146.27 |
U.E.E. Caiçara II S.A. (5) |
Chesf (49%) |
146.17 |
146.17 |
146.17 |
146.17 |
U.E.E. Junco I S.A. (5) |
Chesf (49%) |
147.29 |
147.29 |
147.29 |
147.29 |
U.E.E. Junco II S.A (5) |
Chesf (49%) |
146.55 |
146.55 |
146.55 |
146.55 |
Eólica Serra das Vacas I S.A. (6) |
Chesf (49%) |
146.24 |
146.28 |
146.27 |
146.64 |
Eólica Serra das Vacas II S.A. (6) |
Chesf (49%) |
151.57 |
148.91 |
145.88 |
153.75 |
Eólica Serra das Vacas III S.A. (6) |
Chesf (49%) |
149.71 |
147.98 |
146.35 |
152.89 |
Eólica Serra das Vacas IV S.A. (6) |
Chesf (49%) |
151.10 |
149.06 |
146.43 |
153.73 |
Enerpeixe S.A. |
Furnas (40%) |
180.32 |
136.78 |
198.82 |
151.70 |
Baguari Geração de Energia S.A. |
Furnas (15%) |
195.66 |
200.68 |
206.48 |
212.42 |
Retiro Baixo Energética S.A. |
Furnas (49%) |
195.28 |
201.42 |
207.29 |
211.47 |
Foz de Chapecó Energia S.A. |
Furnas (40%) |
224.49 |
220.09 |
210.48 |
230.05 |
Serra do Facão Energia S.A. |
Furnas (49,5%) |
211.74 |
215.90 |
220.66 |
224.26 |
Madeira Energia S.A. |
Furnas (39%) |
146.73 |
155.72 |
160.58 |
160.38 |
Tijoá Participações e Investimentos S.A. |
Furnas (49,9%) |
- |
- |
- |
- |
Teles Pires Participações S.A. |
Furnas (24,5%) |
89.48 |
93.27 |
95.23 |
123.77 |
Eólica Livramento S.A. (12) |
Eletrosul (59%) |
131.61 |
131.61 |
131.61 |
131.60 |
Santa Vitória do Palmar S.A. |
Eletrosul (49%) |
132.93 |
132.93 |
132.93 |
132.93 |
Eólica –Chuí Holding S.A. |
Eletrosul (49%) |
138.97 |
138.97 |
138.97 |
138.97 |
Hermenegildo I S.A. |
Eletrosul (99,99%) |
149.31 |
149.31 |
149.31 |
149.31 |
Hermenegildo II S.A. |
Eletrosul (99,99%) |
148.83 |
148.83 |
148.83 |
148.83 |
Hermenegildo III S.A. |
Eletrosul (99,99%) |
148.72 |
148.72 |
148.72 |
148.72 |
Chuí IX S.A. |
Eletrosul (99,99%) |
148.76 |
148.76 |
148.76 |
148.76 |
XI.1.2 Transmission
XI.1.2.1 Operational Assept
XI.1.2.1.1 Transmission Lines
SPE |
From - To |
Eletrobras Companies (%) |
Extension (km) |
Tension (kV) |
Beginning of Operation |
End of Concession |
AAR on 12.31.16 (R$ Million)(1) |
Readjustment Index | |
AETE - Amazônia Eletronorte Transmissora de Energia S.A. |
Coxipó-Cuiabá-Rondonópolis (MT), SS Portioning Cuiabá |
Eletronorte (49%) |
193 |
230 |
aug/05 |
feb/34 |
46.69 |
11.09% | |
INTESA - Integração Transmissora de Energia S.A. |
Colinas-Miracema-Gurupi-Peixe Nova-Serra da Mesa 2 (TO / GO) |
Eletronorte (37%) |
695 |
500 |
may/08 |
apr/36 |
139.68 |
9.32% | |
BRASNORTE Transmissora de Energia S.A. |
Jauru - Juba – C2 (MT) and Maggi - Nova Mutum (MT), SS Juba and SS Maggi - 230/138 kV |
Eletronorte (49,71%) |
402 |
230 |
sept/09 |
mar/38 |
24.90 |
IPCA | |
Transmissora Matogrossense de Energia S.A. – TME |
TL Jauru / Cuiabá, em 230 kV, Mato Grosso |
Eletronorte (49%) |
348 |
500 |
nov/11 |
nov/39 |
42.07 |
9.32% | |
Manaus Transmissora de Energia S.A. |
Oriximiná - Silves - Lechuga (AM), SS Silves (ex-Itacoatiara) and SS Lechuga (ex-Cariri) |
Eletronorte (30%) |
559 |
500 |
mar/13 |
oct/38 |
161.94 |
9.32% | |
Norte Brasil Transmissora de Energia S.A. |
Porto Velho Collector (RO) - Araraquara (SPE) |
Eletronorte (49%) |
2411.9 |
600 |
nov/14 |
feb/39 |
278.81 |
9.32% | |
Sistema de Transmissão do Nordeste S.A. |
Teresina II/PI-Sobral III/CE; |
Chesf (49%) |
546 |
500 |
jan/06 |
feb/34 |
177.33 |
11.09% | |
Interligação Elétrica do Madeira S.A. |
TL Coletora Porto Velho/ Araraquara II, CS |
Chesf (24,5%) |
2,375 |
600 |
aug/13 |
feb/39 |
281.93 |
9.32% | |
Interligação Elétrica Garanhuns S.A. |
L.Gonzaga/Garanhuns II; |
Chesf (49%) |
224 |
500 |
nov/15 |
dec/41 |
96.53 |
9.32% | |
Extremoz Transmissora do Nordeste –ETN S.A. |
TL Ceará Mirim/João Câmara II |
Chesf (100%) |
64 |
500 |
oct/14 |
oct/41 |
68.42 |
9.32% | |
Baguari Energia S.A. |
HPU Baguari - SS Baguari |
Furnas (15%) |
0.8 |
230 |
feb/10 |
aug/41 |
(2) |
(2) | |
SS Baguari - Mesquita – Governador Valadares |
2.5 |
230 |
apr/10 |
aug/41 |
(2) |
(2) | |||
SS Baguari – Mesquita |
69 |
230 |
apr/10 |
aug/41 |
(2) |
(2) | |||
SS Baguari - Gov. Valadares |
26 |
230 |
apr/10 |
aug/41 |
(2) |
(2) | |||
Centroeste de Minas |
Furnas – Pimenta II |
Furnas (49%) |
62.7 |
345 |
mar/10 |
mar/35 |
17.13 |
IGPM | |
Chapecoense Geração S.A. |
SS Foz do Chapecó – Gurita |
Furnas (40%) |
72.6 |
230 |
mar/11 |
nov/36 |
(2) |
(2) | |
SS Foz do Chapecó – SE Xanxerê |
77.6 |
230 |
mar/11 |
nov/36 |
(2) |
(2) | |||
HPU Foz do Chapecó – SE de Foz do Chapecó |
1 |
230 |
mar/11 |
nov/36 |
(2) |
(2) | |||
Enerpeixe S.A. |
Peixe Angical – Peixe 2 |
Furnas (40%) |
17 |
500 |
apr/06 |
nov/36 |
(2) |
(2) | |
Goiás Transmissão S.A. |
Rio Verde Norte – Trindade |
Furnas (49%) |
193 |
500 |
dec/13 |
jul/40 |
54.06 |
IPCA | |
Trindade – Xavantes |
37 |
230 |
dec/13 |
jul/40 | |||||
Trindade – Carajás |
29 |
230 |
oct/13 |
jul/40 | |||||
MGE Transmissão S.A. |
Mesquita - Viana 2 |
Furnas (49%) |
248 |
500 |
jun/14 |
jul/40 |
32.10 |
IPCA | |
Viana 2 – Viana |
10 |
345 |
jun/14 |
jul/40 | |||||
Retiro Baixo Energética S.A. |
HPU Retiro Baixo – SE Curvelo |
Furnas (49%) |
45 |
138 |
oct/10 |
aug/41 |
(2) |
(2) | |
Serra do Facão Energia S.A. |
HPU Serra do Facão – SE Celg de Catalão |
Furnas (49,5%) |
32 |
138 |
oct/10 |
nov/36 |
(2) |
(2) | |
Transenergia Renovável S.A. |
Barra dos Coqueiros – Quirinópolis |
Furnas (49%) |
52.3 |
230 |
apr/11 |
apr/39 |
53.68 |
IPCA | |
Quirinópolis - TPU Quirinópolis |
34.4 |
138 |
may/11 |
jun/25 | |||||
Quirinópolis - TPU Boavista |
16.7 |
138 |
may/11 |
jun/25 | |||||
Chapadão – Jataí |
131.5 |
230 |
dec/12 |
apr/39 | |||||
Jataí – Mineiros |
61.4 |
138 |
dec/12 |
jun/25 | |||||
Jataí - TPU Jataí |
51.2 |
138 |
dec/12 |
jun/25 | |||||
Jataí - TPU Água Emendada |
32.6 |
138 |
dec/12 |
jun/25 | |||||
Mineiros - Morro Vermelho |
45.2 |
138 |
dec/12 |
jun/25 | |||||
Morro Vermelho - TPU Morro Vermelho |
31 |
138 |
dec/12 |
jun/25 | |||||
Morro Vermelho - TPU Alto Taquari |
30.2 |
138 |
jun/13 |
jun/25 | |||||
Palmeiras – Edéia |
57 |
230 |
may/13 |
apr/39 | |||||
Edéia - TPU Tropical Bionenergia I |
48.7 |
138 |
may/13 |
jun/25 | |||||
Transirapé |
Irapé – Araçuaí |
Furnas (24,5%) |
65 |
230 |
may/07 |
mar/35 |
29.20 |
IGPM | |
Transleste |
Montes Claros – Irapé |
Furnas (24,5%) |
138 |
345 |
dec/06 |
feb/34 |
40.17 |
IGPM | |
Transudeste |
Itutinga – Juiz de Fora |
Furnas (25%) |
140 |
345 |
feb/07 |
mar/35 |
24.90 |
IGPM | |
Transenergia Goiás S.A. |
Niquelândia - Barro Alto |
Furnas (99%) |
88 |
230 |
may/16 |
nov/39 |
12.04 |
IPCA | |
Energia Olímpica S.A. |
Barra da Tijuca – SS Olímpica; |
Furnas (49,9%) |
10.8 |
138 |
may/15 |
n/a |
(2) |
(2) | |
Gardênia – SS Olímpica |
2.9 |
138 |
may/15 |
n/a |
(2) |
(2) | |||
Paranaíba Transmissora de Energia S.A. |
Luziânia - Pirapora II |
Furnas (24,5%) |
350 |
500 |
may/16 |
may/43 |
40.27 |
IPCA | |
Rio das Éguas - Luziânia |
373 |
500 |
jul/16 |
may/43 | |||||
Laug Azul Transmissora S.A. |
Barro Alto - Itapaci |
Furnas (49,9%) |
69 |
230 |
sept/16 |
may/44 |
3.84 |
IPCA | |
Vale do São Bartolomeu Transmissora de Energia S.A. |
Samambaia - Brasília Sul |
Furnas (39%) |
14 |
345 |
may/16 |
oct/43 |
34.47 |
IPCA | |
Triângulo Mineiro Transmissora S.A. |
Marimbondo II - Assis |
Furnas (49%) |
296.5 |
500 |
dec/16 |
aug/43 |
29.01 |
IPCA | |
Etau |
Campos Novos (SC) – Barra Grande (SC) – Lauga Vermelha (RS) – Santa Marta (RS) |
Eletrosul (27,42%) |
188 |
230 |
jul/05 |
dec/32 |
23.39 |
IGPM | |
Uirapuru |
Ivaiporã (PR) – Londrina (PR)) |
Eletrosul (75%) |
120 |
525 |
jul/06 |
mar/35 |
30.59 |
IGPM | |
Transmissora Sul Brasileira de Energia – TSBE |
Salto Santiaug – Itá |
Eletrosul (80%) |
188 |
525 |
feb/14 |
may/42 |
16.16 |
IPCA | |
Itá – Nova Santa Rita |
307 |
525 |
aug/14 |
jan/00 |
25.94 | ||||
Nova Santa Rita – Camaquã |
121 |
230 |
dec/14 |
jan/00 |
6.30 | ||||
Camaquã – Quinta |
167 |
230 |
dec/14 |
jan/00 |
7.34 | ||||
Costa Oeste |
Cascavel Oeste – Umuarama, CS |
Eletrosul (49%) |
151.5 |
230 |
sept/14 |
jan/42 |
8.69 |
IPCA | |
Transmissora Sul Litorânea de Energia - TSLE |
Povo Novo – Marmeleiro, CS |
Eletrosul (51%) |
152 |
525 |
dec/14 |
aug/42 |
16.79 |
IPCA | |
Nova santa Rita – Povo Novo, CS |
268 |
525 |
mar/15 |
jan/00 |
29.01 | ||||
Marmeleiro – Santa Vitória do Palmar |
48 |
525 |
dec/14 |
jan/00 |
5.37 | ||||
Marumbi Transmissora de Energia S.A. |
Curitiba / Curitiba Leste (PR) |
Eletrosul (20%) |
29.04 |
525 |
jun/15 |
may/42 |
3.28 |
IPCA | |
Fronteira Oeste Transmissora de Energia S.A. (Fote) |
Portioning TL Alegrete 1 - Santa Maria 1 |
Eletrosul (51%) |
1.95 |
138 |
may/16 |
jan/44 |
(3) |
IPCA | |
(1) Last readjustment on 07/01/2016 | |||||||||
(2) There is no RAP because facilities are of limited interest to the generating plant. (3) The Sectional Revenue is considered in the Amplification of the SE Santa Maria | |||||||||
|
|
XI.1.2.1.2 Substations
SPE |
Substation |
Eletrobras Companies (%) |
Transformation Capacity - MVA |
Beginning of Operation |
End of Concession |
AAR on 12.31.16 (R$ million)(1) |
Readjustment Index | |
AETE - Amazônia Eletronorte Transmissora de Energia S.A. |
SS Portioning Cuiabá |
Eletronorte (49%) |
n/a |
aug/05 |
feb/34 |
46.69 |
11% | |
BRASNORTE Transmissora de Energia S.A. |
SS Juba |
Eletronorte (49,71%) |
300 |
sept/09 |
mar/38 |
24.90 |
IPCA | |
Manaus Transmissora de Energia S.A. |
SS Silves (ex-Itacoatiara) |
Eletronorte (30%) |
150 |
mar/13 |
oct/38 |
161.94 |
9% | |
INTESA - Integração Transmissora de Energia S.A. |
SS Peixe 2 |
Eletronorte (37%) |
- |
may/08 |
apr/36 |
139.68 |
9% | |
Transmissora Matogrossense de Energia S.A. – TME (9) |
SS Jauru 500/230 kV |
Eletronorte (49%) |
750 |
nov/11 |
nov/39 |
42.07 |
9% | |
Interligação Elétrica do Madeira S.A. |
Retifier Station CA/CC from 500 kV to +/- 600 kV; |
Chesf (24,5%) |
3150 |
may/14 |
feb/39 |
243.65 |
9.32% | |
TDG – Transmissora Delmiro Gouveia S.A. |
SS – Pecém II, de 500/230 kV; |
Chesf (49%) |
3600 |
oct/13 |
jul/40 |
26.90 |
9.32% | |
Interligação Elétrica Garanhuns S.A. |
SS – Garanhuns, 500/230 kV |
Chesf (49%) |
600 |
nov/15 |
dec/41 |
(2) |
(2) | |
Extremoz Transmissora do Nordeste - ETN S.A. |
SS – João Câmara II, 500/138 kV |
Chesf (100%) |
1.800 |
oct/14 |
oct/41 |
(2) |
(2) | |
Luziânia Niquelândia Transmissora S.A. |
SS Luziânia |
Furnas (49%) |
225 |
jun/14 |
may/42 |
15.37 |
IPCA | |
Luziânia Niquelândia Transmissora S.A. |
SS Niquelândia |
30 |
aug/15 |
may/42 | ||||
Energia Olímpica S.A. |
SS Olímpica 138/13,8 kV |
Furnas (49,9%) |
120 |
may/15 |
n/a |
N/A |
N/A | |
Caldas Novas Transmissão S.A. (3) |
Expansion of SS Corumbá |
Furnas (49%) |
150 |
jul/13 |
jun/41 |
4.33 |
IPCA | |
Baguari Energia S.A. |
SS da Usina de Baguari |
Furnas (15%) |
155.6 |
aug/06 |
aug/41 |
N/A |
N/A | |
Chapecoense Geração S.A. |
SS da Usina de Foz do Chapecó |
Furnas (40%) |
978 |
nov/01 |
nov/36 |
N/A |
N/A | |
Enerpeixe S.A. |
SS da Usina de Peixe Angical |
Furnas (40%) |
525 |
nov/01 |
nov/36 |
N/A |
N/A | |
Goiás Transmissão S.A. |
SS Trindade |
Furnas (49%) |
1200 |
nov/13 |
jul/40 |
(4) |
(4) | |
Madeira Energia S.A. |
SS da Usina de Santo Antônio |
Furnas (39%) |
3630 |
aug/07 |
jun/43 |
N/A |
N/A | |
MGE Transmissão S.A. |
Viana 2 |
Furnas (49%) |
900 |
aug/14 |
jul/40 |
(4) |
(4) | |
Retiro Baixo Energética S.A. |
SS da Usina de Retiro Baixo |
Furnas (49%) |
100 |
auo/06 |
aug/41 |
N/A |
N/A | |
Serra do Facão Energia S.A. |
SS da Usina de Serra do Facão |
Furnas (49,5%) |
236.4 |
nov/01 |
nov/36 |
N/A |
N/A | |
Transenergia Renovável S.A |
Edéia |
Furnas (49%) |
150 |
feb/12 |
jun/25 |
(4) |
(4) | |
Jataí |
450 |
dec/12 |
jun/25 |
(4) |
(4) | |||
Mineiros |
0 |
dec/12 |
jun/25 |
(4) |
(4) | |||
Morro Vermelho |
0 |
dec/12 |
jun/25 |
(4) |
(4) | |||
Quirinópolis |
225 |
apr/11 |
jun/25 |
(4) |
(4) | |||
Transenergia São Paulo S.A |
Itatiba |
Furnas (49%) |
800 |
aug/12 |
nov/39 |
19.12 |
IPCA | |
Interligação Elétrica do Madeira S.A. |
Estação Retificadora CA/CC de 500 kV para +/- 600 kV |
Furnas (24,5%) |
3832 |
may/14 |
feb/39 |
243.65 |
IPCA | |
Estação Inversora CC/CA de +/- 600 kV para 500 kV |
3632 |
may/14 |
feb/39 | |||||
Triângulo Mineiro Transmissora S.A. |
SS Marimbondo II |
Furnas (49%) |
(5) |
dec/16 |
aug/43 |
(4) |
(4) | |
SS Assis |
(6) |
dec/16 |
aug/43 | |||||
Etau (7) |
Lauga Vermelha 2 230/138KV; |
Eletrosul (27,42%) |
150 |
apr/05 |
dec/32 |
21.94 |
IGPM | |
Transmissora Sul Brasileira de Energia – TSBE |
Expansion SS 525 KV Salto Santiaug; |
Eletrosul (80%) |
- |
feb/14 |
may/42 |
12.44 |
IPCA | |
Costa Oeste (8) |
Umuarama 230/138 kV |
Eletrosul (49%) |
300 |
jul/14 |
jan/42 |
4.06 |
IPCA | |
Transmissora Sul Litorânea de Energia - TSLE |
Povo Novo525/230 kV; |
Eletrosul (51%) |
672 |
dec/14 |
aug/42 |
52.84 |
IPCA | |
Marumbi Transmissora de Energia S.A. |
Curitiba Leste - 525/230 KV |
Eletrosul (20%) |
672 |
jun/15 |
may/42 |
14.63 |
IPCA | |
Fronteira Oeste Transmissora de Energia S.A. (Fote) |
SS Expansion Santa Maria 3, 230/138 kV |
Eletrosul (51%) |
166 |
may/16 |
jan/44 |
1.65 |
IPCA | |
(1) Last readjustment on 07/01/2016 (2) The value of the active RAP of the Substations is informed together with that of the Transmission Line. (3) This venture consists in the expansion of SE Corumbá. (4) Remuneration embedded in the RAP of the transmission line. (5) 4 single phase reactors of 45.3 MVAr each. (6) 7 single-phase reactors of 45.3 MVAr each. (7) Entries of lines and inscriptions associated to the Campos Novos - Santa Marta LT located in the substations (8) Commercial operation by sharing with Copel (LT Caiuá). (9) RAP was published in Resolution No. 2,098 of 06/28/16 - Annex V, however, it only comes into force with the commencement of operation of the company scheduled for June 2, 2017, according to resolution. The readjustment index was considered in relation to RAP published in the Authorization Resolution of the enterprise. | ||||||||
XI.2 Financing and Loans – R$ million
SPE |
Eletrobras Companies (%) |
BNDES (a) |
Outros Credores (b) |
Total (a+b) | ||||||||||||
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
After 2022 |
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
After 2022 | |||
Belo Monte Transmissora de Energia S.A |
Eletronorte (24,5%) |
780,00 |
- |
- |
- |
- |
- |
- |
983,00 |
- |
- |
- |
- |
- |
- |
1.763,00 |
Furnas (24,5%) | ||||||||||||||||
Energética Águas da Pedra S.A. |
Eletronorte (24,5%) |
34,00 |
33,70 |
33,40 |
33,40 |
33,40 |
33,40 |
135,70 |
- |
- |
- |
- |
- |
- |
- |
337,00 |
Chesf (24,5%) | ||||||||||||||||
Norte Brasil Transmissora de Energia S.A. |
Eletronorte (49%) |
71,98 |
71,98 |
71,98 |
71,98 |
71,98 |
71,98 |
431,88 |
28,54 |
28,54 |
28,54 |
28,54 |
28,54 |
28,54 |
142,72 |
1.177,72 |
Manaus Transmissora de Energia S.A. |
Eletronorte (30%) |
31,83 |
31,83 |
31,83 |
31,83 |
31,83 |
31,83 |
135,28 |
34,77 |
34,77 |
34,77 |
34,77 |
34,77 |
34,77 |
278,11 |
813,01 |
Chesf (19,5%) | ||||||||||||||||
Transmissora Matogrossense de Energia S.A. |
Eletronorte (49%) |
26,38 |
23,24 |
20,11 |
16,98 |
14,10 |
10,71 |
10,41 |
33,94 |
30,90 |
27,86 |
24,82 |
21,78 |
18,74 |
18,34 |
298,29 |
Brasventos Eolo Geradora de Energia S.A. |
Eletronorte (24,5%) |
24,23 |
22,19 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
46,42 |
Furnas (24,5%) | ||||||||||||||||
Brasventos Miassaba 3 Geradora de Energia S.A. |
Eletronorte (24,5%) |
24,40 |
22,33 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
46,73 |
Furnas (24,5%) | ||||||||||||||||
Rei dos Ventos 3 Geradora de Energia S.A. |
Eletronorte (24,5%) |
25,54 |
23,38 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
48,92 |
Furnas (24,5%) | ||||||||||||||||
Norte Energia S.A. |
Eletronorte (19,98%) |
413,43 |
453,91 |
563,23 |
638,42 |
638,42 |
638,42 |
11.893,35 |
217,45 |
280,11 |
379,79 |
439,16 |
439,16 |
439,16 |
8.181,20 |
25.615,20 |
Chesf (15%) | ||||||||||||||||
Eletrobras Holding (15%) | ||||||||||||||||
Linha Verde Transmissora de Energia S.A. |
Eletronorte (100%) |
- |
- |
- |
- |
- |
- |
- |
194,39 |
186,76 |
- |
- |
- |
- |
- |
381,15 |
Companhia Energética Sinop S.A. |
Eletronorte (24,5%) |
- |
19,00 |
37,00 |
37,00 |
37,00 |
37,00 |
573,00 |
- |
- |
- |
- |
- |
- |
- |
740,00 |
Chesf (24,5%) | ||||||||||||||||
Integração Transmissora de Energia S.A |
Eletronorte (12%) |
31,60 |
31,15 |
31,15 |
25,96 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
119,85 |
Chesf (12%) | ||||||||||||||||
Sistema de Transmissão Nordeste S.A. |
Chesf (49%) |
- |
- |
- |
- |
- |
- |
- |
20,44 |
21,42 |
22,53 |
23,71 |
18,25 |
13,50 |
21,35 |
141,20 |
Interligação Elétrica do Madeira S.A. |
Chesf (24,5%) |
120,11 |
120,11 |
120,11 |
120,11 |
120,11 |
116,35 |
660,03 |
20,60 |
41,71 |
60,47 |
74,54 |
79,23 |
83,93 |
380,81 |
2.118,25 |
Furnas (24,5%) | ||||||||||||||||
Interligação Elétrica Garanhuns S.A. |
Chesf (49%) |
33,35 |
32,47 |
32,47 |
32,47 |
32,47 |
32,47 |
118,61 |
- |
- |
- |
- |
- |
- |
- |
314,30 |
Transmissora Delmiro Gouveia S.A. |
Chesf (49%) |
- |
- |
- |
- |
- |
- |
- |
3,00 |
4,00 |
4,00 |
5,00 |
6,00 |
7,00 |
134,00 |
163,00 |
ESBR Participações S.A. |
Chesf (20%) |
171,72 |
167,09 |
186,82 |
205,45 |
225,93 |
248,44 |
4.390,04 |
173,38 |
168,70 |
188,63 |
207,43 |
228,11 |
250,84 |
4.432,41 |
11.244,97 |
Eletrosul (20%) | ||||||||||||||||
São Pedro do Lago S.A. |
Chesf (49%) |
5,12 |
5,12 |
5,12 |
5,12 |
5,12 |
5,12 |
35,01 |
- |
- |
- |
- |
- |
- |
- |
65,73 |
Pedra Branca S.A. |
Chesf (49%) |
4,97 |
4,97 |
4,97 |
4,97 |
4,97 |
4,97 |
33,95 |
- |
- |
- |
- |
- |
- |
- |
63,77 |
Sete Gameleiras S.A. |
Chesf (49%) |
4,98 |
4,98 |
4,98 |
4,98 |
4,98 |
4,98 |
34,05 |
- |
- |
- |
- |
- |
- |
- |
63,93 |
Baraúnas I Energética S.A. |
Chesf (49%) |
4,92 |
4,92 |
4,92 |
4,92 |
4,92 |
4,92 |
45,53 |
- |
- |
- |
- |
- |
- |
- |
75,05 |
Morro Branco I Energética S.A. |
Chesf (49%) |
5,13 |
5,13 |
5,13 |
5,13 |
5,13 |
5,13 |
47,47 |
- |
- |
- |
- |
- |
- |
- |
78,25 |
Mussambê Energética S.A. |
Chesf (49%) |
4,49 |
4,49 |
4,49 |
4,49 |
4,49 |
4,49 |
41,57 |
- |
- |
- |
- |
- |
- |
- |
68,51 |
Chapada do Piauí I Holding (1) |
Chesf (49%) |
19,27 |
- |
0,36 |
0,36 |
0,22 |
0,07 |
81,45 |
19,27 |
21,10 |
23,42 |
25,51 |
27,61 |
29,88 |
516,89 |
765,41 |
Chapada do Piauí II Holding (2) |
Chesf (49%) |
36,40 |
37,09 |
37,76 |
38,44 |
39,12 |
39,79 |
342,55 |
- |
- |
- |
- |
- |
- |
- |
571,15 |
Eólica Serra das Vacas Holding (3) |
Chesf (49%) |
31,23 |
31,73 |
32,25 |
32,80 |
33,36 |
33,95 |
361,83 |
4,45 |
7,17 |
7,67 |
9,56 |
9,63 |
10,21 |
129,53 |
735,36 |
Vamcruz I |
Chesf (49%) |
- |
- |
- |
- |
- |
- |
- |
53,36 |
36,42 |
32,95 |
31,76 |
30,49 |
29,26 |
218,13 |
432,37 |
Baraúnas II Energética S.A. |
Chesf (1,6%) |
3,11 |
3,11 |
3,11 |
3,11 |
3,11 |
3,11 |
30,84 |
- |
- |
- |
- |
- |
- |
- |
49,50 |
Banda de Couro Energética S.A. |
Chesf (1,8%) |
4,30 |
4,30 |
4,30 |
4,30 |
4,30 |
4,30 |
42,60 |
2,00 |
- |
- |
- |
- |
- |
- |
70,40 |
Foz do Chapecó |
Furnas (40%) |
853,69 |
766,13 |
678,57 |
591,01 |
503,46 |
415,90 |
328,34 |
438,51 |
393,53 |
348,56 |
303,58 |
258,61 |
213,53 |
168,66 |
6.262,08 |
Enerpeixe |
Furnas (40%) |
- |
- |
- |
- |
- |
- |
- |
354,00 |
177,00 |
- |
- |
- |
- |
- |
531,00 |
Santo Antônio |
Furnas (39%) |
534,12 |
609,20 |
616,71 |
616,71 |
8.042,97 |
- |
- |
49,26 |
46,05 |
46,05 |
46,05 |
424,77 |
- |
- |
11.031,89 |
Teles Pires |
Furnas (24,5%) |
1.174,12 |
1.145,89 |
1.094,86 |
1.042,12 |
987,36 |
- |
- |
1.917,00 |
1.837,00 |
1.735,00 |
1.631,00 |
1.525,00 |
- |
- |
14.089,35 |
Eletrosul (24,72%) | ||||||||||||||||
Centro Oeste de Minas |
Furnas (49%) |
14,39 |
11,89 |
9,25 |
6,59 |
3,75 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
45,88 |
Serra do Facão |
Furnas (49,5%) |
371,47 |
333,27 |
295,07 |
256,86 |
218,66 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
1.475,34 |
Retiro Baixo |
Furnas (49%) |
108,93 |
96,76 |
84,15 |
71,19 |
57,81 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
418,84 |
Goiás Transmissão |
Furnas (49%) |
102,19 |
92,29 |
82,03 |
72,49 |
62,60 |
52,70 |
- |
98,77 |
96,75 |
90,71 |
84,66 |
78,61 |
73,91 |
- |
987,71 |
MGE Transmissão |
Furnas (49%) |
81,93 |
72,91 |
63,89 |
54,87 |
45,85 |
36,83 |
- |
- |
- |
- |
- |
- |
- |
- |
356,29 |
Transenergia São Paulo |
Furnas (49%) |
40,17 |
35,90 |
31,63 |
27,36 |
23,08 |
18,81 |
- |
- |
- |
- |
- |
- |
- |
- |
176,95 |
Transenergia Renovável |
Furnas (49%) |
104,40 |
92,68 |
80,97 |
69,25 |
57,54 |
45,82 |
- |
- |
- |
- |
- |
- |
- |
- |
450,65 |
Triângulo Mineiro Transmissão S.A. |
Furnas (49%) |
- |
- |
- |
- |
- |
- |
- |
154,92 |
123,95 |
102,55 |
80,17 |
56,78 |
- |
- |
518,37 |
Vale de São Bartolomeu Transmissão S.A. |
Furnas (39%) |
- |
- |
- |
- |
- |
- |
- |
144,13 |
116,11 |
94,48 |
72,09 |
48,89 |
- |
- |
475,70 |
Mata de Santa Genebra S.A. |
Furnas (49,9%) |
- |
1,00 |
2,00 |
3,00 |
4,00 |
5,00 |
6,00 |
489,00 |
- |
- |
- |
- |
- |
- |
510,00 |
Companhia Transirapé de Transmissão S.A. |
Furnas (24,5%) |
4,00 |
3,56 |
3,07 |
2,59 |
2,10 |
- |
- |
24,32 |
20,39 |
15,97 |
11,60 |
8,30 |
- |
- |
95,88 |
Companhia Transleste de Transmissão S.A. |
Furnas (24,5%) |
- |
- |
- |
- |
- |
- |
- |
58,68 |
42,58 |
26,49 |
13,43 |
10,22 |
- |
- |
151,40 |
Companhia Transudeste de Transmissão S.A. |
Furnas (25%) |
- |
- |
- |
- |
- |
- |
- |
19,00 |
- |
- |
- |
- |
- |
- |
19,00 |
São Manoel |
Furnas (33,33%) |
4,00 |
- |
47,00 |
50,00 |
253,00 |
253,00 |
- |
- |
- |
- |
- |
- |
- |
- |
607,00 |
Paranaíba Transmissora de Energia S.A. |
Furnas (24,5%) |
580,03 |
560,99 |
538,97 |
513,67 |
484,75 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
2.678,42 |
Caldas Novas Transmissão S.A. |
Furnas (49%) |
11,33 |
9,97 |
8,60 |
7,24 |
6,28 |
- |
- |
- |
- |
- |
- |
- |
- |
- |
43,42 |
Itaguaçu da Bahia Energias Renováveis S.A. |
Furnas (49%) |
- |
- |
- | ||||||||||||
Uirapuru Transmissora de Energia S.A. |
Eletrosul (75%) |
- |
- |
- |
- |
- |
- |
- |
6,23 |
1,56 |
- |
- |
- |
- |
- |
7,79 |
Transmissora Sul Litorânea de Energia S.A. |
Eletrosul (51%) |
37,23 |
37,23 |
37,23 |
37,23 |
37,23 |
37,23 |
194,24 |
- |
1,00 |
2,00 |
3,00 |
4,00 |
5,00 |
6,00 |
438,62 |
Transmissora Sul Brasileira de Energia S.A. |
Eletrosul (80%) |
20,30 |
20,30 |
20,30 |
20,30 |
20,30 |
20,30 |
81,59 |
0,32 |
1,91 |
4,52 |
6,38 |
7,97 |
8,50 |
75,87 |
308,86 |
Santa Vitória do Palmar Holding S.A. |
Eletrosul (49%) |
16,89 |
18,26 |
19,72 |
21,43 |
23,41 |
25,28 |
281,12 |
10,97 |
9,11 |
10,91 |
13,97 |
17,11 |
20,87 |
230,75 |
719,80 |
Marumbi Transmissora de Energia S.A. |
Eletrosul (20%) |
7,39 |
6,95 |
6,67 |
6,40 |
6,05 |
5,80 |
3,91 |
- |
- |
- |
- |
- |
- |
- |
43,17 |
Livramento Holding S.A. |
Eletrosul (59%) |
3,38 |
3,38 |
3,38 |
3,38 |
3,38 |
3,38 |
21,13 |
- |
- |
- |
- |
- |
- |
- |
41,41 |
Chuí Holding S.A. |
Eletrosul (49%) |
23,20 |
23,20 |
23,20 |
23,20 |
23,20 |
23,20 |
185,60 |
- |
- |
- |
- |
- |
- |
- |
324,80 |
Costa Oeste Transmissora de Energia S.A. |
Eletrosul (49%) |
4,78 |
4,13 |
3,93 |
3,59 |
3,05 |
2,87 |
5,08 |
- |
- |
- |
- |
- |
- |
- |
27,43 |
Fronteira Oeste Transmissora de Energia |
Eletrosul (51%) |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Chuí IX |
Eletrosul (99,99%) |
3,57 |
3,57 |
3,57 |
3,57 |
3,57 |
3,57 |
6,45 |
1,64 |
1,64 |
1,64 |
1,64 |
1,64 |
1,64 |
2,28 |
39,99 |
Hermenegildo I |
Eletrosul (99,99%) |
12,38 |
12,38 |
12,38 |
12,38 |
12,38 |
12,38 |
22,36 |
5,70 |
5,70 |
5,70 |
5,70 |
5,70 |
5,70 |
7,91 |
138,79 |
Hermenegildo II |
Eletrosul (99,99%) |
12,39 |
12,39 |
12,39 |
12,39 |
12,39 |
12,39 |
22,37 |
5,71 |
5,71 |
5,71 |
5,71 |
5,71 |
5,71 |
7,92 |
138,84 |
Hermenegildo III |
Eletrosul (99,99%) |
10,55 |
10,55 |
10,55 |
10,55 |
10,55 |
10,55 |
19,06 |
4,86 |
4,86 |
4,86 |
4,86 |
4,86 |
4,86 |
6,75 |
118,29 |
Empresa de Transmissão do Alto Uruguai S.A. |
Eletrosul (51%) |
2,22 |
1,58 |
1,58 |
1,05 |
- |
- |
- |
0,89 |
10,94 |
0,97 |
0,08 |
- |
- |
- |
19,33 |
Paraíso Transmissora de Energia S.A. |
Eletrosul (24,5%) |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
1) Investments of the SPEs V. de Santa Joana IX, X, XI, XII, XIII, XV and XIV Energia Renováveis S.A. were merged into Chapada do Piauí I Holding S.A.
(2) The shares of the SPEs V. de Santa Joana I, III, IV, V, VII, Santo Augusto IV Energia Renováveis S.A. were merged into Chapada do Piauí II Holding S.A.
(3) The interests of Serras das Vacas I, II, III and IV SPEs were merged into Serra das Vacas Holding S.A.
70
CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS | ||
By: |
/S/ Armando Casado de Araujo
|
|
Armando Casado de Araujo
Chief Financial and Investor Relation Officer |
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 offuture 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.