SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 6-K/A
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934

For the month of November, 2015

Commission File Number 1-34129


CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRAS
(Exact name of registrant as specified in its charter)



BRAZILIAN ELECTRIC POWER COMPANY
(Translation of Registrant's name into English)



Avenida Presidente Vargas, 409 - 13th floor,
Edifício Herm. Stoltz - Centro, CEP 20071-003,
Rio de Janeiro, RJ, Brazil
(Address of principal executive office)

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____

 

   

 

 

 
 

 

Summary

 

Page
















Conference Call in Portuguese

November 16, 2015

02:00 PM (Brasília)

11:00 AM (New York)

04:00 PM (London)

Phone: 55 (11) 3137-8031

Password: 9532

Conference Call in English

November 16, 2015

02:00 PM (Brasília)

11:00 AM (New York)

04:00 PM (London)

Telefone: +1 786 837 9597

(+44) 20 3318 3776 (London)

Password: 9532

IR Contact:

[email protected]

www.eletrobras.com/elb/ri

IV. Eletrobras Companies Information

03

V. Market Data of Eletrobras Companies

55

VI.Generation Data – Asset under Integral Responsability

56

VII. Transmission Data – Assets under Integral Responsability

63

VIII. Distribution Data

72

IX. Employees - Effective Headcount

76

X. Investments

78

XI.SPEs Data

96







 

 

 

2

 

 
 
 

 

Marketletter 3Q15

 

IV. Eletrobras Companies Information

 

 

IV.1 Financial Statements of the Generation and Transmission companies and Eletropar

 

The financial statements presented below have been adjusted for standardization purposes and to to reflect the Eletrobras consolidated statements.

 

ASSETS 09/30/2015

Furnas

Chesf

Eletrosul

Eletronorte

Eletropar

Eletronuclear

CGTEE

Amazonas GT

               

 

CURRENT

              

 

Cash and Cash Equivalent

7,237

311,968

21,115

251,711

14,808

2,222

5,240

6,208

Clients (Consumers and Resellers)

751,580

424,893

186,753

1,208,813

-

187,308

80,409

313,569

Financing and Loans

2,410

3,232

1,444

-

-

-

-

-

Marketable Securities

1,396,853

516,142

313,814

1,287,051

43,974

426,120

-

4,303

Dividends to Receive (Remuneration of Equity Participations)

76,161

10,504

5,220

-

552

-

-

-

Deferred Fiscal Assets (Tax and Contributions)

27,028

32,554

23,424

153,829

2,050

17,415

10,507

19,036

Income Tax and Social Contribution

218,029

162,967

49,858

-

-

-

-

-

Derivatives

-

-

-

65,374

-

-

-

-

Reimbursement Rights

66,306

-

-

72,825

-

-

25,181

-

Linked Deposits

-

10,982

3,022

-

-

-

-

12,315

Stored Materials

34,333

85,402

36,604

92,707

-

64,675

25,411

10,400

Amounts to Receive - 12,783/2013 Law

414,049

729,409

142,828

122,552

-

-

-

-

Nuclear Fuel Storage

-

-

-

-

-

340,319

-

-

Financial Asset

-

77,671

51,840

390,694

-

-

-

-

Others

114,000

368,578

447,080

210,406

-

79,830

4,056

6,880

CURRENT TOTAL

3,107,986

2,734,302

1,283,002

3,855,962

61,384

1,117,889

150,804

372,711

               

 

NON-CURRENT

              

 

               

 

LONG-TERM ASSET

              

 

Dividends to Receive (Remuneration of Equity Participations)

-

-

-

-

-

-

-

-

Clients (Consumers and Resellers)

467,909

5,339

591,396

8,774

-

-

-

-

Financing and Loans - principal

1,651

1,591

3,137

-

-

-

-

-

Marketable Securities

-

2,916

182

236

-

-

-

-

Deferred Fiscal Assets (Tax and Contributions)

-

172,847

4,943

17,809

3,924

-

27,834

4,229

Income Tax and Social Contribution

-

-

-

969,778

-

-

-

-

Derivatives

-

-

-

69,964

-

-

-

-

Reimbursement Rights

-

-

-

-

-

-

-

-

Linked Deposits

641,055

1,114,804

175,037

450,752

52

58,866

4,576

15,225

Amounts to Receive - 12,783/2013 Law

-

-

-

-

-

-

-

-

Financial Asset

6,667,538

3,707,808

1,735,428

5,616,961

-

598,979

-

-

Financial Asset – Indemnitiable Concessions (Generation)

1,286,531

686,902

-

-

-

-

-

-

Advance for Equity Participation

46,159

807,018

748,025

26,732

-

-

-

-

Regulatory Asset (Installment A – CVA)

-

-

-

-

-

-

-

-

Others

525,239

188,155

100,681

1,442,873

-

525,824

190,382

12,207

LONG-TERM ASSET TOTAL

9,636,082

6,687,380

3,358,829

8,603,879

3,976

1,183,669

222,792

31,661

               

 

INVESTIMENTS

5,857,232

4,395,532

2,310,641

3,661,721

95,737

-

-

-

               

 

FIXED ASSET

5,825,631

1,430,047

3,508,324

7,273,044

43

8,072,450

1,529,095

1,977,663

               

 

INTANGIBLE ASSET

109,551

55,421

221,821

100,769

29

52,546

1,895

5,357

               

 

NON-CURRENT ASSET TOTAL

21,428,496

12,568,380

9,399,615

19,639,413

99,785

9,308,665

1,753,782

2,014,681

               

 

ASSET TOTAL

24,536,482

15,302,682

10,682,617

23,495,375

161,169

10,426,554

1,904,586

2,387,392

 

3

 

 
 
 

 

Marketletter 3Q15

 

LIABILITIES 09/30/2015

Furnas

Chesf

Eletrosul

Eletronorte

Eletropar

Eletronuclear

CGTEE

Amazonas GT

               

 

CURRENT

              

 

Suppliers

401,986

336,500

287,596

603,196

1,016

342,433

143,464

253,444

Loans and Financing - principal

643,786

284,599

569,033

551,229

-

82,773

261,144

752,893

Loans and Financing - charges

154,835

16,864

15,612

39,110

-

18,362

9,308

663

Bonds

-

-

383,138

15,192

-

-

-

-

Tax and Social Contributions

285,366

105,201

66,525

66,927

66

55,643

28,753

10,260

Income Tax and Social Contribution

164,339

185,006

248

-

462

-

-

-

Derivatives

-

-

-

587

-

-

-

-

Reimbursement Obligations

-

-

-

-

-

-

-

-

Advance to clients (Early Energy Sale)

-

-

-

54,832

-

-

-

-

Shareholders Remuneration (dividends to pay)

-

-

37,784

818,727

-

-

72,490

-

Estimated Obligations

187,162

234,146

89,051

270,024

79

290,469

17,901

27,882

Provisions for Contingencies

-

20,569

-

-

-

-

41,105

-

Post-Employment Benefit (Complementary Pension Fund)

27,229

24,780

3,120

-

-

5,094

3

-

Leasing

-

-

-

-

-

-

-

-

Onerous Contracts

-

-

-

1,687

-

-

-

-

Concessions to Pay - UBP

530

-

2,233

-

-

-

-

-

Sector Charges (statutory tax)

177,446

147,033

42,758

349,473

-

22,035

3,895

-

Others

33,991

36,572

90,625

551,169

-

48,690

25,694

220,163

CURRENT TOTAL

2,076,670

1,391,270

1,587,723

3,322,153

1,623

865,499

603,757

1,265,305

               

 

NON-CURRENT

              

 

Shareholders Remuneration (dividends to pay)

-

-

-

1,182,597

-

-

-

-

Suppliers

-

-

-

372,518

-

-

21,284

-

Loans and Financing - principal

9,108,462

688,644

3,339,322

4,242,189

-

6,490,884

2,066,461

316,599

Bonds

-

-

-

208,254

-

-

-

-

Tax and Social Contributions

616,374

13,572

35,913

-

-

231

-

-

Income Tax and Social Contribution

-

56,857

106,409

-

10,599

-

-

-

Derivatives

-

-

-

58,353

-

-

-

-

Reimbursement Obligations

-

-

-

-

-

-

-

-

Advance to clients (Early Energy Sale)

-

-

-

673,874

-

-

-

-

Estimated Obligations

61,653

70,851

10,250

14,077

-

73,888

1,614

-

Provisions for Contingencies

722,982

1,676,228

91,469

902,543

-

172,686

-

49,686

Provision for uncovered liability in invested company

-

-

148,938

-

-

-

-

-

Post-Employment Benefit (Complementary Pension Fund)

241,598

1,012,699

162,270

44,801

-

67,655

3,508

117

Leasing

-

-

-

-

-

-

-

-

Provision for Onerous Contracts

760,124

87,153

-

45,542

-

-

-

-

Concessions to Pay - UBP

36,617

-

25,335

-

-

-

-

-

Sector Charges (statutory tax)

111,588

259,986

-

-

-

-

4,334

-

Obligations for asset demobilization (Nuclear Power Plants)

-

-

-

-

-

1,217,833

-

-

Advance for future capital Increase

42,227

-

45

-

-

-

119,798

-

Others

31,476

5,950

17,121

143,917

-

174,804

-

360,220

NON-CURRENT TOTAL

11,733,101

3,871,940

3,937,072

7,888,665

10,599

8,197,981

2,216,999

726,622

-

              

 

STOCKHOLDERS’ EQUITY

              

 

Social Capital

6,531,154

9,753,953

4,359,226

11,576,263

118,054

6,607,258

845,510

436,750

Capital Reserves

5,123,332

4,916,199

-

-

-

-

-

-

Profit Reserves

-

-

1,074,209

332,962

215

-

2,596

-

Additional Dividend Purposed

-

-

-

-

-

-

-

-

Profit/Losses Accumulated

393,519

(3,173,917)

(163,807)

414,939

4,945

(5,192,171)

(1,732,459)

(40,415)

Others Comprehensive Income

(1,321,294)

(1,456,849)

(126,391)

(39,607)

25,733

(52,013)

(31,817)

(870)

Non-controlling shareholders Participation

-

86

14,585

-

-

-

-

-

-

              

 

STOCKHOLDERS’ EQUITY TOTAL

10,726,711

10,039,472

5,157,822

12,284,557

148,947

1,363,074

(916,170)

395,465

               

 

LIABILITIES AND STOCKHOLDERS’ EQUITY TOTAL

24,536,482

15,302,682

10,682,617

23,495,375

161,169

10,426,554

1,904,586

2,387,392

 

4

 

 
 
 

 

Marketletter 3Q15

 

STATEMENT OF INCOME 09/30/2015

Furnas

Chesf

Eletrosul

Eletronorte

Eletropar

Eletronuclear

CGTEE

Amazonas GT

               

 

Operating Revenues

4,856,568

2,771,524

1,182,191

4,470,196

-

1,457,373

301,085

78,315

               

 

Electric Energy (Sell) Supply

3,003,234

103,694

-

2,933,558

-

1,657,316

331,520

119,122

Electric Energy Provision - Generation

11,595

820,667

266,491

901,847

-

-

-

-

Short Term Electric Energy

506,293

242,776

236,013

68,768

-

-

-

-

Renewed Plants Operation and Maintenance Revenue

471,255

912,624

-

11,927

-

-

-

-

Construction Plants Revenue

96,244

40,732

-

-

-

-

-

-

Financial – Return on Investment G

-

-

-

-

-

-

-

-

Renewed Lines Operation and Maintenance Revenue

-

627,400

419,446

343,949

-

-

-

-

Operation and Maintenance Revenue

785,372

41,708

77,763

5,419

-

-

-

-

Construction Revenue - Transmission

356,863

484,971

116,020

209,199

-

-

-

-

Financial – Return on Investment T

167,654

22,850

158,983

253,963

-

-

-

-

Others Operating Revenues

49,893

16,367

37,401

281,823

-

223

2,678

-

               

 

Deductions to Operating Revenues

(591,835)

(542,265)

(129,926)

(540,257)

-

(200,166)

(33,113)

(40,807)

               

 

Operating Expenses

(3,794,168)

(2,709,067)

(943,012)

(3,420,504)

(3,262)

(4,784,744)

(417,436)

(70,820)

               

 

Personnel, Material and Services

(1,265,945)

(861,491)

(355,090)

(1,056,484)

(2,631)

(709,240)

(198,053)

(53,598)

Energy Purchased for Resale

(712,378)

(250,993)

(166,284)

(784,943)

-

-

(90,727)

-

Charges on eletric grid Usage

(348,530)

(512,328)

(12,203)

(388,203)

-

(60,189)

(28,554)

(882)

Construction

(453,107)

(525,703)

(116,020)

(209,199)

-

-

-

-

Fuel used to produce electric energy

(379,602)

(163,068)

-

(88,553)

-

(232,239)

(8,988)

15,000

Remuneration and Reimbursement (Royalties – Hydric Resources)

(70,938)

(7,639)

(9,539)

(188,621)

-

-

-

(1,217)

Depreciation and Amortization

(180,272)

(80,562)

(87,950)

(320,043)

(20)

(269,244)

(58,136)

(15,861)

Operating Provisions

(241,705)

(261,131)

(2,544)

(329,615)

33

(3,434,596)

(10,975)

3,159

Others

(141,691)

(46,152)

(193,382)

(54,843)

(644)

(79,236)

(22,003)

(17,421)

               

 

OPERATING RESULT BEFORE FINANCIAL RESULT

1,062,400

62,457

239,179

1,049,692

(3,262)

(3,327,371)

(116,351)

7,495

               

 

FINANCIAL REVENUES (EXPENSES)

              

 

               

 

Revenue from financial investments

95,096

105,303

25,008

113,084

5,316

2,081

114

61

Interest, Commission and Rates revenue (loans and financing)

43,982

-

-

-

-

-

-

-

Debt Charges

(665,236)

(104,055)

(254,652)

(434,270)

-

(39,018)

(231,855)

(35,138)

Charges – shareholders remuneration

-

-

(3,288)

-

-

-

(6,295)

-

Moratorium Increase on electric energy

4,204

58,217

-

28,577

-

-

-

-

Net Monetary Updates

(144,908)

15,782

(61,216)

(100,001)

-

(18,243)

-

(7,228)

Net Exchange Updates

(155,211)

-

(71,558)

(273,754)

-

(80,681)

(372)

-

Others Financial Revenues

124,286

62,256

71,873

50,688

-

163,639

505

-

Others Financial Expenses

(104,167)

(27,170)

(8,951)

(154,114)

(39)

(77,291)

(8,864)

(5,605)

Indemnities Remuneration - 12,783/13 Law

324,798

476,906

108,644

85,304

-

-

-

-

               

 

FINANCIAL RESULT

(477,156)

587,239

(194,140)

(684,486)

5,277

(49,513)

(246,767)

(47,910)

               

 

EQUITY PARTICIPATION RESULT

(31,973)

(11,976)

(285,088)

130,471

3,390

-

-

-

               

 

RESULT BEFORE SOCIAL CONTRIBUTION, INCOME TAX, EMPLOYEES AND MANAGEMENT PARTICIPATION AND MINORITY PARTICIPATION

553,271

637,720

(240,049)

495,677

5,405

(3,376,884)

(363,118)

(40,415)

               

 

Income Tax and Social Contribution and Fiscal Incentives Revenue

(159,752)

(34,868)

(69,019)

(80,738)

(462)

(56,158)

-

-

               

 

RESULT BEFORE EQUITY PARTICIPATIONS

393,519

602,852

(309,068)

414,939

4,943

(3,433,042)

(363,118)

(40,415)

               

 

Minority Participation

-

-

-

-

-

-

-

-

NET PROFIT OF THE PERIOD

393,519

602,852

(309,068)

414,939

4,943

(3,433,042)

(363,118)

(40,415)

 

5

 

 
 
 

 

Marketletter 3Q15

 

 

STATEMENT OF INCOME 09/30/2015

Furnas

Chesf

Eletrosul

Eletronorte

Eletropar

Eletronuclear

CGTEE

Amazonas GT

               

 

Operating Revenues

4,856,568

2,771,524

1,182,191

4,470,196

-

1,457,373

301,085

78,315

               

 

Electric Energy (Sell) Supply

3,003,234

103,694

-

2,933,558

-

1,657,316

331,520

119,122

Electric Energy Provision - Generation

11,595

820,667

266,491

901,847

-

-

-

-

Short Term Electric Energy

506,293

242,776

236,013

68,768

-

-

-

-

Renewed Plants Operation and Maintenance Revenue

471,255

912,624

-

11,927

-

-

-

-

Construction Plants Revenue

96,244

40,732

-

-

-

-

-

-

Financial – Return on Investment G

-

-

-

-

-

-

-

-

Renewed Lines Operation and Maintenance Revenue

-

627,400

419,446

343,949

-

-

-

-

Operation and Maintenance Revenue

785,372

41,708

77,763

5,419

-

-

-

-

Construction Revenue - Transmission

356,863

484,971

116,020

209,199

-

-

-

-

Financial – Return on Investment T

167,654

22,850

158,983

253,963

-

-

-

-

Others Operating Revenues

49,893

16,367

37,401

281,823

-

223

2,678

-

               

 

Deductions to Operating Revenues

(591,835)

(542,265)

(129,926)

(540,257)

-

(200,166)

(33,113)

(40,807)

               

 

Operating Expenses

(3,794,168)

(2,709,067)

(943,012)

(3,420,504)

(3,262)

(4,784,744)

(417,436)

(70,820)

               

 

Personnel, Material and Services

(1,265,945)

(861,491)

(355,090)

(1,056,484)

(2,631)

(709,240)

(198,053)

(53,598)

Energy Purchased for Resale

(712,378)

(250,993)

(166,284)

(784,943)

-

-

(90,727)

-

Charges on eletric grid Usage

(348,530)

(512,328)

(12,203)

(388,203)

-

(60,189)

(28,554)

(882)

Construction

(453,107)

(525,703)

(116,020)

(209,199)

-

-

-

-

Fuel used to produce electric energy

(379,602)

(163,068)

-

(88,553)

-

(232,239)

(8,988)

15,000

Remuneration and Reimbursement (Royalties – Hydric Resources)

(70,938)

(7,639)

(9,539)

(188,621)

-

-

-

(1,217)

Depreciation and Amortization

(180,272)

(80,562)

(87,950)

(320,043)

(20)

(269,244)

(58,136)

(15,861)

Operating Provisions

(241,705)

(261,131)

(2,544)

(329,615)

33

(3,434,596)

(10,975)

3,159

Others

(141,691)

(46,152)

(193,382)

(54,843)

(644)

(79,236)

(22,003)

(17,421)

               

 

OPERATING RESULT BEFORE FINANCIAL RESULT

1,062,400

62,457

239,179

1,049,692

(3,262)

(3,327,371)

(116,351)

7,495

               

 

FINANCIAL REVENUES (EXPENSES)

              

 

               

 

Revenue from financial investments

95,096

105,303

25,008

113,084

5,316

2,081

114

61

Interest, Commission and Rates revenue (loans and financing)

43,982

-

-

-

-

-

-

-

Debt Charges

(665,236)

(104,055)

(254,652)

(434,270)

-

(39,018)

(231,855)

(35,138)

Charges – shareholders remuneration

-

-

(3,288)

-

-

-

(6,295)

-

Moratorium Increase on electric energy

4,204

58,217

-

28,577

-

-

-

-

Net Monetary Updates

(144,908)

15,782

(61,216)

(100,001)

-

(18,243)

-

(7,228)

Net Exchange Updates

(155,211)

-

(71,558)

(273,754)

-

(80,681)

(372)

-

Others Financial Revenues

124,286

62,256

71,873

50,688

-

163,639

505

-

Others Financial Expenses

(104,167)

(27,170)

(8,951)

(154,114)

(39)

(77,291)

(8,864)

(5,605)

Indemnities Remuneration - 12,783/13 Law

324,798

476,906

108,644

85,304

-

-

-

-

               

 

FINANCIAL RESULT

(477,156)

587,239

(194,140)

(684,486)

5,277

(49,513)

(246,767)

(47,910)

               

 

EQUITY PARTICIPATION RESULT

(31,973)

(11,976)

(285,088)

130,471

3,390

-

-

-

               

 

RESULT BEFORE SOCIAL CONTRIBUTION, INCOME TAX, EMPLOYEES AND MANAGEMENT PARTICIPATION AND MINORITY PARTICIPATION

553,271

637,720

(240,049)

495,677

5,405

(3,376,884)

(363,118)

(40,415)

               

 

Income Tax and Social Contribution and Fiscal Incentives Revenue

(159,752)

(34,868)

(69,019)

(80,738)

(462)

(56,158)

-

-

               

 

RESULT BEFORE EQUITY PARTICIPATIONS

393,519

602,852

(309,068)

414,939

4,943

(3,433,042)

(363,118)

(40,415)

               

 

Minority Participation

-

-

-

-

-

-

-

-

NET PROFIT OF THE PERIOD

393,519

602,852

(309,068)

414,939

4,943

(3,433,042)

(363,118)

(40,415)

 

6

 

 
 
 

 

Marketletter 3Q15

 

CASH FLOW 09/30/2015

Furnas

Chesf

Eletrosul

Eletronorte

Eletronuclear

CGTEE

Eletropar

Amazonas GT

                 

Operating Activities

                

Profit (loss) before income tax and social contribution

553,271

637,769

(92,252)

495,677

(3,376,884)

(363,118)

5,405

(40,415)

                 

Depreciation and Amortization

180,272

80,562

87,950

320,043

269,244

60,807

20

15,861

Net monetary and currency variation

31,438

(527,618)

24,530

288,451

98,924

372

-

7,228

Financial Charges

560,725

104,055

197,838

434,269

42,733

213,889

-

35,136

Equity Method Result

31,973

11,976

285,088

(130,471)

-

-

(3,390)

-

Provision for uncovered liability

31,474

-

-

-

-

-

-

-

Provision for doubtful credit liquidation

15,443

54,994

333

4,340

-

-

-

-

Provisions for contingencies

213,691

222,376

2,212

330,177

17,005

9,024

-

(3,159)

Provision for loss with Investments

-

-

-

-

-

-

-

-

Provision for staff realignment

-

(18,012)

-

-

5,611

-

-

-

Provision for reduction on recoverable amount of Investment (Impairment)

-

-

-

-

3,385,556

-

-

-

Provision for onerous contracts

(209,811)

(27,571)

-

-

-

-

-

-

Provision for loss with Financial Asset

-

-

-

-

-

-

-

-

Global reversal reserve charges

98,577

-

-

-

-

-

-

-

Adjustment to Present Value / Market Value

-

-

(657)

-

61,999

-

-

-

Minority Participation in Result

-

-

-

-

-

-

-

-

Charges on Shareholders funds

-

-

3,288

-

-

6,295

-

-

Financial Asset Revenue by IRR

(167,654)

(22,850)

(158,983)

(253,963)

-

-

-

-

Derivatives

-

-

-

111,310

-

-

-

-

Others

66,840

42,503

11,355

(227,019)

36,513

764

(462)

-

(Increase) decrease on operating asset/liability

(244,188)

(3,130)

480,681

246,456

(532,201)

(103,331)

(2,210)

93,737

                 

Cash from Operating Activities

1,162,051

555,054

841,383

1,619,270

8,500

(175,298)

(637)

108,388

                 

Payment of financial charges

(662,714)

(103,894)

(151,681)

(231,944)

(96,613)

(22,884)

-

(2,940)

Payment of charges of global reversal reserve

(120,532)

-

-

-

-

-

-

-

Financial charges receivable

297

-

291

-

-

-

-

-

Remuneration from equity investments received

43,007

31,450

315

14,889

-

-

933

-

Annual allowed Revenue Receiving (Financial Asset)

196,179

68,294

206,815

228,498

-

-

-

-

Financial Asset Indemnities Receiving

1,255,225

1,353,207

386,546

330,131

-

-

-

-

Payment of income tax and social contribution

(17,388)

(153,550)

(25,678)

(28,358)

(38,524)

-

-

-

Complementary pension fund payment

(65,092)

(74,379)

(4,905)

-

-

-

-

-

Payment of lawsuit contingencies

-

(8,495)

-

(10,916)

-

-

-

-

Lawsuit Deposits

(136,991)

(411,170)

(13,810)

(26,103)

(6,842)

2,077

-

-

                 

Net Cash from Operating Activities

1,654,042

1,256,517

1,239,276

1,895,467

(133,479)

(196,105)

296

105,448

                 

Financing Activities

                

Loans and financing obtained

(60,967)

-

253,059

358,825

2,340,130

177,956

-

133,131

Loans and financing payable - principal

(284,997)

(218,966)

(147,986)

(473,833)

(1,120,491)

(82,819)

-

(12,955)

Payment to Shareholders

-

-

(2,743)

-

-

-

-

-

Payment of refinancing of taxes and contributions - Principal

(50,368)

-

(13,975)

-

-

-

-

-

Compulsory Loan and Global Reversion Reserve

-

-

-

-

-

-

-

-

Receiving of advance for future capital increase (AFAC)

-

-

-

-

-

98,794

-

-

Others

-

39

-

-

-

-

-

-

Net Cash from Financing Activities

(396,332)

(218,927)

88,355

(115,008)

1,219,639

193,931

-

120,176

                 

Investment Activities

                
                 

Financing and Loans Concessions

-

-

-

-

-

-

-

-

Receiving of Loans and Financing Ceded

-

-

-

-

-

-

-

-

Renegotiated Credits of energy receivables

-

-

-

-

-

-

-

-

Acquisition of property, unit and equipment

(73,460)

(189,559)

(825,409)

(94,327)

(1,099,911)

(18,272)

-

(219,467)

Acquisition of intangible assets

(10,347)

(5,730)

(6,827)

-

(2,388)

(31)

(17)

-

Acquisition of concession assets

(453,107)

(525,703)

(116,020)

(828,395)

-

-

-

-

Concession for advance of future capital increase

(28,084)

(217,003)

(244,038)

(2,176)

-

-

-

-

Acquisition/Contribution of capital in equity participation

(687,167)

(447,616)

(141,182)

(947,874)

-

-

-

-

Net Cash Flow in controlled company acquisition (CELG)

-

-

-

-

-

-

-

-

Others

-

1,926

-

-

-

-

-

-

Net Cash from investments activities

(1,252,165)

(1,383,685)

(1,333,476)

(1,872,772)

(1,102,299)

(18,303)

(17)

(219,467)

                 

Increase (decrease) in cash and cash equivalents

5,545

(346,095)

(5,845)

(92,313)

(16,139)

(20,477)

279

6,157

Cash and cash equivalent – beginning of period

1,692

658,063

26,960

344,024

18,361

25,717

14,529

51

Cash and cash equivalent – end of period

7,237

311,968

21,115

251,711

2,222

5,240

14,808

6,208

 

5,545

(346,095)

(5,845)

(92,313)

(16,139)

(20,477)

279

6,157

 

7

 

 
 
 

 

Marketletter 3Q15

 

 

ASSETS 09/30/2014

Furnas

Chesf

Eletrosul

Eletronorte

Eletropar

Eletronuclear

CGTEE

               

CURRENT

              

Cash and Cash Equivalent

2,059

913,967

59,763

356,392

8,479

5,125

4,963

Clients (Consumers and Resellers)

584,892

317,846

161,358

901,867

-

200,295

43,957

Financing and Loans

3,080

3,375

1,359

126,026

-

-

-

Marketable Securities

949,106

1,067,225

181,178

1,870,914

44,125

33,323

-

Dividends to Receive (Equity Participation Remuneration)

41,445

9,611

7,696

-

2,789

-

-

Deferred Fiscal Asset (tax and contribution)

7,671

48,130

18,027

49,642

2,336

17,828

19,255

Income tax and Social Contribution

217,022

56,779

61,660

85,213

-

9,089

-

Derivatives

-

-

-

137,895

-

-

-

Reimbursement Right

247,306

-

-

-

-

-

-

Linked Deposit

-

10,982

24,837

-

-

-

-

Stored Material

23,599

97,912

35,482

61,735

-

138,816

29,326

Amounts to Receive 12,783/2013 Law

1,430,894

1,343,642

431,773

373,178

-

-

-

Nuclear Fuel Storage

-

-

-

-

-

340,319

-

Financial Asset

-

78,136

63,855

310,278

-

-

-

Others

215,598

370,948

89,742

159,486

-

71,623

3,904

CURRENT TOTAL

3,722,672

4,318,553

1,136,730

4,432,626

57,729

816,418

101,405

               

NON-CURRENT

              
               

LONG-TERM ASSET

              

Clients (Consumers and Resellers)

395,231

9,761

501,303

15,430

-

-

-

Financing and Loans - principal

3,893

4,817

4,459

-

-

-

-

Marketable Securities

-

3,675

176

220

-

-

-

Deferred Fiscal Asset (tax and contribution)

-

162,173

28,941

17,164

2,741

-

19,741

Income tax and Social Contribution

394,052

2,039,412

-

-

-

-

-

Derivatives

-

-

-

145,052

-

-

-

Reimbursement Right

79,662

-

-

237,948

-

-

43,285

Linked Deposit

532,140

606,044

127,079

404,582

50

45,292

8,078

Amounts to Receive 12,783/2013 Law

-

164,585

-

-

-

-

-

Nuclear Fuel Storage

-

-

-

-

-

496,683

-

Financial Asset

6,469,038

3,182,648

2,074,963

4,251,021

-

-

-

Advance for equity participation

51,811

572,507

389,595

398,669

-

-

-

Others

185,669

156,184

91,401

1,363,730

-

334,536

114,489

LONG-TERM ASSET TOTAL

8,111,496

6,901,806

3,217,917

6,833,816

2,791

876,511

185,593

               

INVESTIMENTS

5,087,705

3,807,953

2,613,454

2,526,331

95,627

-

-

               

FIXED ASSET

5,851,221

1,630,738

2,367,629

7,532,204

22

10,139,054

1,551,201

               

INTANGIBLE

100,909

34,849

173,737

18,776

21

53,128

1,455

               

NON-CURRENT TOTAL

19,151,331

12,375,346

8,372,737

16,911,127

98,461

11,068,693

1,738,249

               

ASSET TOTAL

22,874,003

16,693,899

9,509,467

21,343,753

156,190

11,885,111

1,839,654

 

8

 

 
 
 

 

Marketletter 3Q15

 

LIABILITIES 09/30/2014

Furnas

Chesf

Eletrosul

Eletronorte

Eletropar

Eletronuclear

CGTEE

CURRENT

              

Suppliers

560,529

464,989

50,003

822,439

701

140,748

136,607

Loans and Financing - principal

381,625

234,720

387,784

497,950

-

830,896

231,679

Loans and Financing - charges

123,332

15,204

12,125

22,939

-

10,721

7,860

Bonds

-

-

-

19,065

-

-

-

Taxes and Social Contribution

258,211

85,952

52,426

58,148

31

53,044

13,469

Income Tax and Social Contributions

102,674

-

154

-

323

-

-

Derivatives

-

-

-

223,816

-

-

-

Reimbursement Obligations

-

-

-

-

-

-

-

Advance to clients (Early Energy Sale)

-

-

-

52,813

-

-

-

Shareholders Remuneration (dividends to pay)

-

13

273,296

211

-

-

64,405

Estimated Obligations

184,663

216,397

99,352

237,927

118

327,151

16,314

Provisions for Contingencies

-

-

-

-

-

-

28,224

Post Employment Benefit (Complementary Pension Fund)

79,617

59,959

9,465

-

-

11,789

2,446

Leasing

-

-

-

-

-

-

-

Onerous Contracts

-

-

-

3,066

-

-

-

Concessions to Pay - UBP

508

-

2,053

-

-

-

-

Sector Charges (statutory taxes)

134,332

141,752

38,949

297,465

-

55,473

1,863

Others

24,199

19,747

120,157

187,677

-

78,800

16,509

CURRENT TOTAL

1,849,690

1,238,733

1,045,764

2,423,516

1,173

1,508,622

519,376

               

NON-CURRENT

              

Suppliers

-

-

-

193,842

-

-

-

Loans and Financing - principal

7,793,101

971,668

2,643,448

3,917,865

-

3,338,348

1,706,413

Bonds

-

-

-

207,466

-

-

-

Taxes and Social Contribution

724,696

13,572

53,999

-

-

-

-

Income Tax and Social Contributions

-

-

28,296

23,798

12,307

-

-

Derivatives

-

-

-

213,621

-

-

-

Reimbursement Obligations

-

-

-

-

-

-

-

Advance to clients (Early Energy Sale)

-

-

-

732,353

-

-

-

Estimated Obligations

-

100,478

21,010

2,051

-

79,166

-

Provisions for Contingencies

537,364

1,433,346

56,791

533,335

-

145,531

-

Provision for uncovered liabilities on invested companies

-

-

16,343

-

-

-

-

Post Employment Benefit (Complementary Pension Fund)

172,313

528,693

75,962

68,822

-

48,286

31,625

Leasing

-

-

-

-

-

-

-

Provision for Onerous Contracts

782,213

827,490

-

85,860

-

-

-

Concessions to Pay - UBP

37,104

-

23,502

-

-

-

-

Sector Charges (statutory taxes)

90,880

254,023

-

-

-

-

-

Obligations for asset demobilization (Nuclear Power Plant Demobilization)

-

-

-

-

-

1,278,809

-

Advance for future Capital Increase

37,490

-

63,976

12,984

-

-

20,906

Others

1

5,760

19,160

66,107

-

100,930

-

NON-CURRENT TOTAL

10,175,162

4,135,030

3,002,487

6,058,104

12,307

4,991,070

1,758,944

-

              

SHAREHOLDERS’ EQUITY

              

Social Capital

6,531,154

9,753,953

4,295,250

11,563,279

118,054

6,607,258

845,510

Capital Reserves

5,528,986

4,916,199

-

-

-

-

-

Profit Reserves

-

-

1,072,411

126,605

3,159

-

2,596

Additional Dividend Purposed

-

-

-

-

-

-

-

Profit/Losses accumulated

(291,645)

(2,643,487)

143,367

1,232,225

(3,340)

(1,200,914)

(1,230,167)

Others Comprehensive Income

(919,344)

(706,529)

(63,987)

(59,976)

24,837

(20,925)

(56,605)

Non-controlling shareholders remuneration

-

-

14,175

-

-

-

-

-

              

SHAREHOLDERS’ EQUITY TOTAL

10,849,151

11,320,136

5,461,216

12,862,133

142,710

5,385,419

(438,666)

               

LIABILITY AND SHAREHOLDERS’ EQUITY TOTAL

22,874,003

16,693,899

9,509,467

21,343,753

156,190

11,885,111

1,839,654

 

9

 

 
 
 

 

Marketletter 3Q15

 

STATEMENT OF INCOME 09/30/2014

Furnas

Chesf

Eletrosul

Eletronorte

Eletropar

Eletronuclear

CGTEE

               

Operating Revenue

4,508,325

2,554,817

788,465

4,529,122

-

1,422,028

251,510

               

Electric Energy (Sell) Provision

2,601,568

94,845

241,745

2,522,264

-

1,618,404

280,817

Electric Energy Supply - Generation

11,283

661,210

-

1,004,725

-

-

-

Short Term Electric Energy

856,977

73,096

7,331

950,632

-

-

-

Renewed Plants Operation and Maintenence Revenue

415,787

915,769

-

12,065

-

-

-

Construction Revenue of Plants

45,730

50,640

-

-

-

-

-

Financial – Return on Investment G

-

-

-

-

-

-

-

Financial Effect Itaipu (Parent Company)

-

-

-

-

-

-

-

Renewed Lines Operation and Maintenence Revenue

-

527,631

363,735

286,781

-

-

-

Operation and Maintenence Revenue

625,344

28,057

72,986

(8,727)

-

-

-

Construction Revenue - Transmission

309,733

634,596

28,867

139,410

-

-

-

Financial – Return on Investment T

153,184

36,845

148,331

104,473

-

-

-

Others Operating Revenue

34,431

9,622

20,616

167,588

-

220

2,570

               

Deductions to Operating Revenue

(545,712)

(477,494)

(95,146)

(650,089)

-

(196,596)

(31,877)

               

Operating Expenses

(3,646,355)

(3,022,747)

(126,152)

(3,230,711)

(17,575)

(1,719,383)

(450,626)

               

Personnel, Materials and Services

(1,254,971)

(824,929)

(336,444)

(989,162)

(2,247)

(757,509)

(218,565)

Electric Energy Purchased for Resale

(862,261)

(428,287)

(33,609)

(1,048,216)

-

-

(138,200)

Charges on Electric Energy usage grid

(314,346)

(553,964)

(10,291)

(396,571)

-

(47,063)

(23,000)

Construction

(355,463)

(685,236)

(28,867)

(139,410)

-

-

-

Fuel used to produce electric energy

(371,003)

(279,372)

-

(35,213)

-

(220,505)

(7,614)

Remuneration and Reimbursement (Royalties – Hydric Resources Usage)

(98,444)

(9,426)

(4,938)

(195,241)

-

-

-

Depreciation and Amortization

(163,985)

(77,906)

(95,115)

(334,133)

(14)

(271,155)

(54,723)

Operational Provisions

(69,592)

(126,040)

412,250

(4,909)

(13,936)

(61,747)

(4,570)

Others

(156,290)

(37,587)

(29,138)

(87,856)

(1,378)

(361,404)

(3,954)

               

OPERATING RESULT BEFORE FINANCIAL RESULT

861,970

(467,930)

662,313

1,298,411

(17,575)

(297,355)

(199,116)

               

FINANCIAL (EXPENSES) REVENUES

              
               

Revenue from Financial Investments

58,352

201,546

44,669

149,892

4,360

-

954

Interest, Commission and Rates revenue (loans and financing)

44,319

-

-

-

-

-

-

Debt Charges

(522,756)

(96,839)

(170,170)

(248,606)

-

(25,064)

(143,585)

Charges – remuneration to shareholders

-

-

(19,871)

-

-

-

(4,718)

Moratorium Increase on electric energy

1,683

35,099

-

7,866

-

-

-

Net Monetary Update

(95,377)

8,569

(38,770)

(129,421)

-

(8,880)

-

Net Exchange Update

(1,054)

-

-

12,377

-

(33,638)

5,827

Others Financial Revenue

23,442

55,613

59,600

130,081

-

17,784

1,160

Other Financial Expenses

(110,089)

(22,652)

(8,526)

(28,836)

(162)

(69,233)

(1,460)

Indemnities Remuneration - 12,783/13 Law

294,007

181,656

80,219

76,457

-

-

-

               

FINANCIAL RESULT

(307,473)

362,992

(52,849)

(30,190)

4,198

(119,031)

(141,822)

               

EQUITY PARTICIPATIONS RESULT

(652,998)

(31,131)

(261,429)

48,031

10,360

-

-

               

RESULT BEFORE SOCIAL CONTRIBUTION, INCOME TAX, EMPLOYEES AND MANAGEMENT PARTICIPATION AND MINORITY PARTICIPATION

(98,501)

(136,069)

348,035

1,316,252

(3,017)

(416,386)

(340,938)

               

Income Tax and Social Contribution and Fiscal Incentives Revenue

(193,144)

151,462

(202,406)

(84,027)

(323)

(26,001)

-

               

RESULT BEFORE EQUITY PARTICIPATIONS

(291,645)

15,393

145,629

1,232,225

(3,340)

(442,387)

(340,938)

               

Minorities Participations

-

-

-

-

-

-

-

NET PROFIT OF THE PERIOD

(291,645)

15,393

145,629

1,232,225

(3,340)

(442,387)

(340,938)

 

10

 

 
 
 

 

Marketletter 3Q15

 

CASH FLOW 09/30/2014

Furnas

Chesf

Eletrosul

Eletronorte

Eletronuclear

CGTEE

Eletropar

Amazonas GT

                 

Operating Activities

                

Profit (loss) before income tax and social contribution

(98,501)

(136,069)

348,035

1,316,252

(416,386)

(340,938)

(3,018)

(40,415)

                 

Depreciation and amortization

163,985

77,906

95,115

339,978

271,155

58,258

14

15,861

Monetary and currency net variation

107,178

(190,225)

(30,562)

40,587

42,518

(5,827)

-

7,228

Financing charges

599,621

96,839

108,211

248,606

25,064

126,671

-

35,136

Equity Method Result

652,998

31,131

261,429

(48,031)

-

-

(10,360)

-

Provision for uncovered liability

-

-

-

-

-

-

-

-

Provision for doubtful credit liquidation

28,925

27,854

(56)

2,980

-

-

-

-

Provisions for contingencies

(17,945)

101,229

(4,302)

(54,999)

50,397

4,570

-

(3,159)

Provision for loss with Investments

-

151,473

-

-

-

-

-

-

Provision for staff realignment

(11,485)

(17,567)

151

-

305,404

-

-

-

Provision for reduction on recoverable amount of Investment (Impairment)

-

452,245

-

-

-

-

13,936

-

Provision for onerous contracts

(219,006)

(606,761)

(407,893)

-

-

-

-

-

Provision for loss with Financial Asset

256,110

-

-

-

-

-

-

-

Global reversal reserve charges

214,418

-

-

-

-

-

-

-

Adjustment to Present Value / Market Amount (Sum into Others)

-

-

4,067

-

57,939

-

-

-

Minority Participation in Result

-

-

-

-

-

-

-

-

Charges on Shareholders funds

-

-

19,871

-

-

4,718

-

-

Financial Asset Revenue by IRR

(153,184)

(36,845)

(148,331)

(104,473)

-

-

-

-

Derivatives

-

-

-

(40,416)

-

-

-

-

Others

(436,438)

(1,788)

(438,814)

(15,758)

263,795

52,316

(323)

-

(Increase) decrease on operating asset/liability

43,123

(239,909)

(237,846)

584,457

(397,387)

(84,167)

(46,133)

93,737

                 

Cash from Operating Activities

1,129,799

(290,487)

(430,925)

2,269,183

202,499

(184,399)

(45,884)

108,388

                 

Payment of financial charges

(505,781)

(75,962)

(152,307)

(216,223)

(49,576)

(33,430)

-

(2,940)

Payment of charges of global reversal reserve

(194,178)

-

-

-

-

-

-

-

Financial charges receivable

714

-

347

-

-

-

-

-

Remuneration from equity investments received

60,496

81,852

19

14,881

-

-

133

-

Annual allowed Revenue Receiving (Financial Asset)

172,972

(580,339)

626,038

161,704

-

-

-

-

Financial Asset Indemnities Receiving

993,464

895,342

267,699

227,939

-

-

-

-

Payment of income tax and social contribution

(193,049)

(18,440)

(21,027)

(70,756)

(32,091)

-

-

-

Complementary pension fund payment

-

-

-

-

-

-

-

-

Payment of lawsuit contingencies

-

(72,755)

-

(4,242)

-

-

-

-

Lawsuit Deposits

(13,744)

14,633

(272)

(71,613)

(5,749)

3,876

-

-

                 

Net Cash from Operating Activities

1,450,693

(46,156)

289,572

2,310,873

115,083

(213,953)

(45,751)

105,448

                 

Financing Activities

                

Loans and financing obtained

422,588

400,000

950

36,762

860,863

392,033

-

133,131

Loans and financing payment - principal

(259,291)

(43,659)

(204,676)

(658,302)

(37,767)

(113,412)

-

(12,955)

Payment to Shareholders

-

-

(320)

(406,535)

-

-

-

-

Payment of refinancing of taxes and contributions - Principal

(47,849)

-

(13,975)

-

-

-

-

-

Compulsory Loan and Global Reversal Reserve

-

-

-

-

-

-

-

-

Receiving of advance for future capital increase (AFAC)

-

(294,707)

-

-

-

13,794

-

-

Others

-

-

(8,512)

-

(10,092)

-

-

-

Net Cash from Financing Activities

115,448

61,634

(226,533)

(1,028,075)

813,004

292,415

-

120,176

                 

Investment Activities

                
                 

Financing and Loans Concessions

-

-

-

-

-

-

-

-

Receiving of Loans and Financing Ceded

-

-

-

(126,026)

-

-

-

-

Receiving of credit energy renegotiated

-

-

-

-

-

-

-

-

Acquisition of fixed assets

(94,417)

(147,126)

(78,834)

(72,221)

(910,511)

(90,570)

(10)

(219,467)

Acquisition of intangible assets

(4,566)

(7,346)

(909)

(250)

(12,612)

(32)

-

-

Acquisition of concession assets

(355,463)

-

(28,867)

(139,410)

-

-

-

-

Concession for advance of future capital increase

-

-

(303,134)

(346,714)

-

-

-

-

Acquisition/Contribution of capital in equity participation

(941,391)

(713,467)

(365,243)

(392,952)

-

-

-

-

Others

(174,941)

925,317

-

(121,707)

(6,756)

-

-

-

Net Cash from investments activities

(1,570,778)

57,378

(776,987)

(1,199,280)

(929,879)

(90,602)

(10)

(219,467)

                 

Increase (decrease) in cash and cash equivalents

(4,637)

72,856

(713,948)

83,518

(1,792)

(12,140)

(45,761)

6,157

Cash and cash equivalent – beginning of period

6,696

841,111

773,711

272,874

6,917

17,103

54,240

51

Cash and cash equivalent – end of period

2,059

913,967

59,763

356,392

5,125

4,963

8,479

6,208

 

(4,637)

72,856

(713,948)

83,518

(1,792)

(12,140)

(45,761)

6,157

 

11

 

 
 
 

 

Marketletter 3Q15

 

IV.2 Financial Statements of the Generation and Distripution companies.

 

ASSET 09/30/2015

ED Alagoas

ED Rondonia

ED Piaui

ED Acre

CELG -D

ED Roraima

Amazonas

               

CURRENT

              

Cash and Cash Equivalents

29,092

74,848

11,803

9,797

82,004

6,208

126,895

Clients (Consumers and Resellers)

313,339

258,946

368,534

77,837

961,758

313,569

482,861

Financing and Loans

-

-

-

-

-

-

-

Marketable Securities

16,944

34,233

469

-

-

4,303

6,832

Dividends to Receive (Equity Participations Remuneration)

-

-

-

-

-

-

-

Deferred Fiscal Asset (Taxes and Contributions)

9,936

12,499

18,437

6,572

7,840

19,036

22,004

Income Tax and Social Contribution

-

-

256

2,832

-

-

-

Derivatives

-

-

-

-

-

-

-

Reimbursement Rights

44,516

132,308

9,803

115,686

50,310

-

2,477,199

Linked Deposits

-

-

-

469

-

12,315

-

Stored Material

6,184

24,779

14,443

1,595

34,606

10,400

174,160

Amounts to Receive 12,783/13 Law

-

-

-

-

-

-

-

Regulatory Asset (Installment A - CVA)

44

88,013

130,135

33,127

210,263

-

139,619

Financial Asset

-

-

-

-

-

-

-

Others

44,603

91,993

63,305

40,034

272,629

6,880

295,784

CURRENT TOTAL

464,658

717,619

617,185

287,949

1,619,410

372,711

3,725,354

               

NON-CURRENT

              
               

LONG-TERM ASSET

              

Dividends to Receive (Equity Participations Remuneration)

-

-

-

-

-

-

-

Clients (Consumers and Resellers)

208,545

25,389

213,346

31,266

42,618

-

78,428

Financing and Loans - principal

-

-

-

-

-

-

-

Marketable Securities

-

-

-

-

-

-

-

Deferred Fiscal Asset (Taxes and Contributions)

5,009

7,910

4,521

2,213

158,859

4,229

2,281,891

Income Tax and Social Contribution

-

-

-

-

-

-

-

Derivatives

-

-

-

-

-

-

-

Reimbursement Rights

-

3,008,517

-

239,889

-

-

4,210,828

Linked Deposits

44,056

76,241

14,573

6,978

115,574

15,225

341,519

Amounts to Receive 12,783/13 Law

-

-

-

-

-

-

-

Financial Asset

652,428

827,145

674,237

340,026

1,781,660

-

1,183,823

Financial Asset – Indemnitiable Concession (Generation)

-

-

-

-

-

-

554,035

Advance for Equity Participations

-

-

-

-

-

-

-

Regulatory Asset (Installment A - CVA)

241,953

-

-

-

-

-

-

Others

564

3,896

1,298

86

594,126

12,207

23

LONG-TERM ASSET TOTAL

1,152,555

3,949,098

907,975

620,458

2,692,837

31,661

8,650,547

               

INVESTIMENTS

168

1,806

146

-

(573)

-

381,620

               

FIXED ASSET

22,519

28,737

25,871

7,243

118,576

1,977,663

1,285,872

               

INTANGIBLE

61,240

62,278

-

40,931

255,929

5,357

149,789

               

NON-CURRENT ASSET TOTAL

1,236,482

4,041,919

933,992

668,632

3,066,769

2,014,681

10,467,828

               

ASSET TOTAL

1,701,140

4,759,538

1,551,177

956,581

4,686,179

2,387,392

14,193,182

 

12

 

 
 
 

 

Marketletter 3Q15

 

 

LIABILITIES 09/30/2015

ED Alagoas

ED Rondonia

ED Piaui

ED Acre

CELG -D

ED Roraima

Amazonas D

               

CURRENT

              

Suppliers

246,739

874,430

172,972

183,661

955,075

253,444

4,421,861

Financig and Loans - principal

232,185

96,511

493,372

64,280

276,066

752,893

103,367

Financig and Loans - charges

-

-

2,711

-

39,741

663

-

Bonds

-

-

-

-

-

-

-

Taxes and Contributions

85,221

50,726

161,397

30,792

326,661

10,260

58,030

Income Tax and Social Contribution

296

-

-

41

-

-

1,329

Derivatives

-

-

-

-

-

-

-

Reimbursement Obligations

74,566

11,854

-

7,734

-

-

-

Advance to clients (Early Sell of Energy)

-

-

-

-

-

-

-

Shareholders Remuneration (dividends to pay)

-

-

-

-

-

-

-

Estimated Obligations

13,960

23,839

37,957

4,862

56,256

27,882

52,478

Provisions for Contingencies

-

-

-

-

-

-

-

Post-Employment Benefit (Complementary Pension Fund)

4,835

-

33,007

-

32,674

-

-

Leasing

-

-

-

-

-

-

131,536

Onerous Contracts

-

-

-

-

-

-

-

Concessions to Pay - UBP

14,042

63,486

30,833

43,740

400,729

-

-

Sector Charges (Statutory Taxes)

19,391

3,357

53,783

1,738

-

-

29

Others

34,115

24,523

45,667

19,855

427,144

220,163

93,005

CURRENT TOTAL

725,350

1,148,726

1,031,699

356,703

2,514,346

1,265,305

4,861,635

               

NON-CURRENT

              

Suppliers

-

1,346,984

-

226,899

1,030,798

-

7,559,570

Financig and Loans - principal

837,725

657,803

703,836

209,466

848,932

316,599

1,184,598

Bonds

-

-

-

-

-

-

-

Taxes and Contributions

5,237

3,824

65,874

1,661

8,141

-

-

Income Tax and Social Contribution

22,923

-

-

-

37,487

-

-

Derivatives

-

-

-

-

-

-

-

Reimbursement Obligations

-

148,535

-

141,687

-

-

2,397,607

Advance to clients (Early Sell of Energy)

-

-

-

-

-

-

-

Estimated Obligations

14,263

-

1,027

-

-

-

-

Provisions for Contingencies

88,815

132,155

166,527

9,419

536,768

49,686

347,910

Provision for uncovered liabilities on invested comapnies

-

-

-

-

-

-

-

Post-Employment Benefit (Complementary Pension Fund)

44,160

-

16,582

-

109,915

117

450

Leasing

-

-

-

-

-

-

1,139,976

Provision for Onerous Contracts

-

-

-

-

-

-

-

Concessions to Pay - UBP

-

-

-

-

-

-

-

Sector Charges (Statutory Taxes)

-

41,755

34,047

-

145,196

-

-

Advance for future capital Increase

8,307

245

16,416

12,787

-

-

-

Regulatory Liability (Installment A – CVA)

101,864

-

-

-

84,228

-

-

Others

48,564

1,326,102

499

724

38,963

360,220

142,092

NON-CURRENT TOTAL

1,171,858

3,657,403

1,004,808

602,643

2,840,428

726,622

12,772,203

-

              

SHAREHOLDERS’ EQUITY

              

Social Capital

726,447

1,325,124

1,256,331

475,789

3,475,679

436,750

4,610,171

Capital Reserves

-

-

-

-

-

-

-

Profit Reserves

-

-

-

-

-

-

-

Additional Dividend Purposes

-

-

-

-

-

-

-

Accumulated Profit/Losses

(863,703)

(1,371,715)

(1,747,816)

(478,132)

(4,303,008)

(40,415)

(8,049,444)

Other Comprehensive Income

(58,812)

-

6,155

(422)

158,735

(870)

(1,383)

Non-controlling Shareholders participation

-

-

-

-

-

-

-

-

              

SHAREHOLDERS’ EQUITY TOTAL

(196,068)

(46,591)

(485,330)

(2,765)

(668,594)

395,465

(3,440,656)

-

              

LIABILITIES AND SHAREHOLDERS’ EQUITY TOTAL

1,701,140

4,759,538

1,551,177

956,581

4,686,179

2,387,392

14,193,182

 

13

 

 
 
 

 

Marketletter 3Q15

 

STATEMENT OF INCOME 09/30/2015

ED Alagoas

ED Rondonia

ED Piaui

ED Acre

CELG -D

ED Roraima

Amazonas D

           

 

  

Operating Revenue

996,317

857,215

905,262

299,980

3,321,848

181,420

2,387,687

           

 

  

Electric Energy (Sell) Provision

-

-

-

-

-

28,647

-

Electric Energy Supply – Generation

-

-

-

-

-

-

700,007

Short Term electric Energy

-

-

-

-

-

-

966,350

Renewed Plants Operation and Maintenence Revenue

-

-

-

-

-

-

-

Construction Revenue of Plants

-

-

-

-

-

-

53,192

Financial – Return on Investment G

-

-

-

-

-

-

-

Electric Energy Supply - Distribution

1,322,395

1,121,258

1,236,062

421,247

5,093,468

188,088

875,937

Construction Revenue - Distribution

72,022

79,016

85,549

31,752

226,680

10,963

114,542

CVA and Others Financial Items

113,885

31,560

32,290

20,257

425,875

199

39,189

Other Operating Revenues

72,514

61,362

116,982

4,807

202,131

5,595

242,180

           

 

  
           

 

  
           

 

  

Deductions to Operating Revenues

(584,499)

(435,981)

(565,621)

(178,083)

(2,626,306)

(52,072)

(603,710)

           

 

  
           

 

  

Operating Expenses

(1,073,891)

(889,826)

(1,139,858)

(325,471)

(3,461,556)

(271,417)

(2,868,664)

           

 

  

Personnel, Material and Services

(174,387)

(186,093)

(202,573)

(68,191)

(613,834)

(65,358)

(471,451)

Electric Energy puchased for resale

(676,880)

(532,499)

(617,284)

(126,933)

(2,195,148)

(104,053)

(1,338,756)

Charges on Eletric Energy Grid Usage

(61,935)

(12,956)

(55,890)

(6,501)

(120,829)

-

(84,309)

Construction

(72,022)

(79,016)

(85,549)

(31,752)

(226,680)

(10,963)

(167,734)

Fuel used for electric energy production

-

-

-

(26,089)

-

(27,533)

(352,278)

Remuneration and Reimbursement (Royalties – Hydric Resources Usage)

-

-

-

-

-

-

(4,200)

Depreciation and Amortization

(25,044)

(27,097)

(26,163)

(12,091)

(87,946)

(7,906)

(146,780)

Operating Provisions

(7,885)

9,412

(97,956)

4,969

(97,039)

(53,406)

(84,396)

Others

(55,738)

(61,577)

(54,443)

(58,883)

(120,080)

(2,198)

(218,760)

           

 

  

OPERATIG RESULT BEFORE FINANCIAL RESULT

(77,574)

(32,611)

(234,596)

(25,491)

(139,708)

(89,997)

(480,977)

           

 

  

FINANCIAL REVENUES (EXPENSES)

          

 

  
           

 

  

Financial Investment Revenues

2,171

1,729

352

418

-

161

5,626

Interest, Commission and Rates revenue (loans and financing)

-

-

-

-

6,489

-

-

Debt Charges

(103,211)

(69,501)

(103,123)

(23,832)

(107,230)

(5,335)

(1,096,357)

Charges - Leasing

-

-

-

-

-

-

(205,773)

Charges – Shareholders Remuneration

-

-

-

-

-

-

-

Moratorium Increase on electric energy

19,275

27,658

41,802

10,457

-

(23,683)

41,408

Net Monetary Update

788

(40,644)

(38,709)

(7,127)

(118,219)

(5,642)

419,629

Net Exchange Update

(657)

-

-

-

(600,787)

-

15,849

Regulatory Asset and Liability Update (Installment A - CVA) - Net

23,215

6,031

7,714

-

25,603

43

10,811

Other financial revenue

1,106

149,204

9,978

-

81,961

(4,928)

18,969

Other financial expense

(27,183)

(192,523)

(27,690)

(12,096)

(30,383)

-

(83,271)

           

 

  

FINANCIAL RESULT

(84,496)

(118,046)

(109,676)

(32,180)

(742,566)

(39,384)

(873,109)

           

 

  

EQUITY PARTICIPATIONS RESULT

-

-

-

-

-

-

(68,060)

           

 

  

RESULT BEFORE SOCIAL CONTRIBUTION, INCOME TAX, EMPLOYEES AND MANAGEMENT PARTICIPATION AND MINORITY PARTICIPATION

(162,070)

(150,657)

(344,272)

(57,671)

(882,274)

(129,381)

(1,422,146)

           

 

  

Income Tax and Social Contribution and Fiscal Incentives Revenue

(22,923)

-

-

-

-

-

-

           

 

  

RESULT BEFORE EQUITY PARTICIPATIONS

(184,993)

(150,657)

(344,272)

(57,671)

(882,274)

(129,381)

(1,422,146)

           

 

  

NET PROFIT OF THE PERIOD

(184,993)

(150,657)

(344,272)

(57,671)

(882,274)

(129,381)

(1,422,146)

 

14

 

 
 
 

 

Marketletter 3Q15

 

 

CASH FLOW 09/30/2015

Ceal

Ceron

Cepisa

Roraima

Celg

Eacre

Amazonas D

               

Operating Activities

              

Profit (loss) before income tax and social contribution

(162,070)

(150,657)

(344,272)

(129,381)

(882,274)

(57,671)

(1,422,146)

               

Depreciation and amortization

25,044

27,097

26,163

7,906

87,946

12,091

146,780

Net monetary and currency variation

9,896

40,644

7,802

-

830,810

7,127

(15,849)

Financing charges

103,211

69,501

103,123

5,335

107,230

23,832

390,838

Equity Method Result

-

-

-

-

-

-

68,060

Provision for uncovered liability

-

-

-

-

-

-

-

Provision for doubtful credit liquidation

12,583

6,606

2,582

59,364

93,083

7,794

78,484

Provisions for contingencies

104

(9,018)

95,374

(397)

-

493

11,718

Provision for loss with Investments

-

-

-

-

-

-

-

Provision for staff realignment

-

-

-

-

-

-

-

Provision for reduction on recoverable amount of Investment (Impairment)

-

-

-

-

-

-

-

Provision for onerous contracts

-

-

-

-

-

-

-

Provision for loss with Financial Asset

-

-

-

-

-

(10,004)

-

Global reversal reserve charges

-

-

-

-

-

-

-

Adjustment to Present Value / Market Value

(145)

-

-

-

-

-

-

Minority Participation in Result

-

-

-

-

-

-

-

Charges on Shareholders funds

-

-

-

-

-

-

-

Financial Asset Revenue by IRR

-

-

-

-

-

-

-

Derivatives

-

-

-

-

-

-

-

Others

(7,263)

11,265

6,802

967

-

-

9,489

(Increase) decrease on operating asset/liability

119,877

169,108

140,375

63,453

681,676

19,235

723,231

               

Cash from Operating Activities

101,237

164,546

37,949

7,247

918,471

2,897

(9,395)

               

Payment of financial charges

(24,955)

(10,253)

-

(939)

(93,258)

(2,543)

(67,384)

Payment of charges of global reversal reserve

-

-

-

-

-

-

-

Financial charges receivable

-

-

-

-

48,077

-

-

Remuneration from equity investments received

-

-

-

-

-

-

-

Annual allowed Revenue Receiving (Financial Asset)

-

-

-

-

-

-

-

Financial Asset Indemnities Receiving

-

-

-

-

-

-

-

Payment of income tax and social contribution

(22,923)

-

-

-

-

-

-

Complementary pension fund payment

-

-

-

-

-

-

-

Payment of lawsuit contingencies

-

-

(30,421)

-

(63,107)

-

-

Lawsuit Deposits

(2,065)

(2,614)

-

-

(26,169)

-

9,129

               

Net Cash from Operating Activities

51,294

151,679

7,528

6,308

784,014

354

(67,650)

               

Financing Activities

              

Loans and financing obtained

83,961

14,319

119,108

5,468

866,535

24,010

27,186

Loans and financing payable - principal

(57,980)

(14,951)

(88,675)

(1,571)

(666,690)

(6,706)

(105,787)

Payment to Shareholders

-

-

-

-

-

-

-

Payment of refinancing of taxes and contributions - Principal

(8,845)

-

-

-

-

-

-

Compulsory Loan and Global Reversal Reserve

-

-

-

-

-

-

-

Receiving of advance for future capital increase (AFAC)

-

-

-

-

-

-

-

Others

-

-

-

-

-

-

(915,532)

Net Cash from Financing Activities

17,136

(632)

30,433

3,897

199,845

17,304

(994,133)

               

Investment Activities

              
               

Financing and Loans Concessions

-

-

-

-

-

-

-

Receiving of Loans and Financing Ceded

-

-

-

-

-

-

-

Renegotiated Credits of energy receivables

-

-

-

-

-

-

-

Acquisition of property, unit and equipment

(1,168)

(778)

(6,386)

(2,630)

1,277

(470)

(7,043)

Acquisition of intangible assets

-

(28,858)

-

(14,483)

(92,659)

(145)

(7,332)

Acquisition of concession assets

(54,261)

(51,088)

(25,250)

3,416

(926,000)

(31,743)

(197,015)

Concession for advance of future capital increase

-

-

-

-

-

-

-

Acquisition/Contribution of capital in equity participation

-

-

-

-

-

-

(436,742)

Net Cash Flow in controlled company acquisition (CELG)

-

-

-

-

-

-

-

Others

1,265

-

-

(1)

-

-

1,774,204

Net Cash from investments activities

(54,164)

(80,724)

(31,636)

(13,698)

(1,017,382)

(32,358)

1,126,072

               

Increase (decrease) in cash and cash equivalents

14,266

70,323

6,325

(3,493)

(33,523)

(14,700)

64,289

Cash and cash equivalent – beginning of period

14,826

4,525

5,478

7,286

131,719

24,497

62,606

Cash and cash equivalent – end of period

29,092

74,848

11,803

3,794

98,196

9,797

126,895

 

14,266

70,323

6,325

(3,492)

(33,523)

(14,700)

64,289

 

15

 

 
 
 

 

Marketletter 3Q15

 

ASSETS 09/30/2014

ED Alagoas

ED Rondonia

ED Piaui

ED Acre

CELG -D

ED Roraima

Amazonas D

               
               

CURRENT

              

Cash and Cash Equivalents

14,478

35,010

8,229

24,587

159,703

7,078

139,027

Clients (Consumenrs and Resellers)

235,088

181,356

262,803

69,662

604,744

45,555

402,404

Loans and Financing

-

-

-

-

-

-

-

Marketable Securities

26,233

-

-

-

-

-

-

Dividends to Receive (Remuneration of Equity Participation)

-

-

-

-

-

-

-

Deferred Fiscal Asset (Taxes and Contributions)

13,570

11,043

8,186

8,373

6,893

5,805

37,551

Income Tax and Social Contribution

-

14,183

14,678

544

-

-

-

Derivatives

-

-

-

-

-

-

-

Reimbursement Rights

28,236

-

46,493

5,880

67,805

-

2,897,060

Linked Deposits

-

230

-

462

103,538

-

-

Stored Material

5,152

7,799

10,586

1,782

31,236

1,707

240,312

Financial Asset

-

-

-

-

-

-

-

Others

99,622

38,972

53,122

27,610

201,759

18,422

308,703

CURRENT TOTAL

422,379

288,593

404,097

138,900

1,175,678

78,567

4,025,057

               

NON-CURRENT

              
               

LONG-TERM CURRENT

              

Clients (Consumenrs and Resellers)

187,339

26,740

214,228

19,533

102,717

3,720

69,256

Loans and Financing - principal

-

-

-

-

-

-

-

Marketable Securities

-

-

-

-

16,192

-

-

Deferred Fiscal Asset (Taxes and Contributions)

5,053

9,352

4,594

2,929

169,153

10,908

1,980,476

Income Tax and Social Contribution

-

-

-

-

-

-

-

Derivatives

-

-

-

-

-

-

-

Reimbursement Rights

-

2,375,661

-

245,616

-

124,918

10,478,350

Linked Deposits

51,985

66,626

12,709

5,516

-

17,107

299,091

Financial Asset

648,559

735,172

623,186

302,627

1,837,195

168,398

3,253,445

Advance for equity participation

-

-

-

-

-

-

-

Others

564

3,958

1,477

86

1,043,047

2,604

9,072

LONG-TERM CURRENT TOTAL

893,500

3,217,509

856,194

576,307

3,168,304

327,655

16,089,690

               

INVESTIMENTS

168

1,806

146

-

3,620

-

7,678

               

FIXED ASSET

22,298

29,772

19,695

6,458

146,810

11,289

1,201,146

               

INTANGIBLE

20,381

66,987

30,668

38,874

103,160

5,899

136,040

               

NON-CURRENT TOTAL

936,347

3,316,074

906,703

621,639

3,421,894

344,843

17,434,554

               

ASSET TOTAL

1,358,726

3,604,667

1,310,800

760,539

4,597,572

423,410

21,459,611

 

 

 

 

16

 

 
 
 

 

Marketletter 3Q15

 

LIABILITIES 09/30/2014

ED Alagoas

ED Rondonia

ED Piaui

ED Acre

CELG -D

ED Roraima

Amazonas D

CURRENT

              

Suppliers

290,186

1,412,865

156,291

54,133

587,492

268,343

7,965,935

Financing and Loans - principal

443,284

291,423

414,986

58,791

282,459

29,642

905,928

Financing and Loans - charges

-

2,453

2,526

7,289

27,222

-

4,277

Bonds

-

-

-

-

24,487

-

-

Taxes and Social Contribution

66,931

35,081

94,206

18,630

164,414

3,771

32,623

Income Tax and Social Contributuion

584

-

2,535

-

-

-

1,659

Derivatives

-

-

-

-

-

-

-

Reimbursement Obligations

-

-

-

-

-

-

2,897,060

Advance to clients (Early Energy Sell)

-

-

-

-

-

-

-

Remuneration to Shareholders (dividends to pay)

-

-

-

-

-

-

-

Estimated Obligations

17,529

30,117

28,932

7,155

39,071

11,565

70,690

Provisions for Contingencies

-

-

-

-

-

-

-

Post-Employment Benefit (Complementary Pension Fund)

13,830

757

28,219

552

-

-

1,332

Leasing

-

-

-

-

-

-

192,579

Onerous Contracts

-

-

-

-

-

-

-

Concessions to Pay - UBP

-

-

-

-

-

-

-

Sectorial Charges (statutory taxes)

432

6,279

20,375

31,760

228,117

-

-

Others

95,391

18,981

34,352

10,941

320,916

41,439

134,396

CURRENT TOTAL

928,167

1,797,956

782,422

189,251

1,674,178

354,760

12,206,479

               

NON-CURRENT

              

Suppliers

1,702

-

-

213,217

863,394

-

493,918

Financing and Loans - principal

331,874

337,759

530,592

154,100

299,312

11,289

951,495

Bonds

-

-

-

-

168,219

-

-

Taxes and Social Contribution

5,947

3,521

84,174

6,872

42,689

-

-

Income Tax and Social Contributuion

-

-

-

-

52,588

-

-

Derivatives

-

-

-

-

-

-

-

Reimbursement Obligations

-

148,412

-

122,422

-

57,209

8,319,637

Advance to clients (Early Energy Sell)

-

-

-

-

-

-

-

Estimated Obligations

-

-

-

-

-

-

3,771

Provisions for Contingencies

86,366

126,441

92,011

10,576

1,038,530

27,343

264,909

Provision for uncovered liabilities on invested companies

-

-

-

-

-

-

-

Post-Employment Benefit (Complementary Pension Fund)

158,829

-

75,829

314

-

1,846

1,362

Leasing

-

-

-

-

-

-

1,861,599

Provision for Onerous Contracts

-

-

-

-

-

-

344,865

Concessions to Pay - UBP

-

-

-

-

-

-

-

Sectorial Charges (statutory taxes)

-

37,703

34,701

-

191,060

-

-

Obligations for asset demobilization (Nuclear power plant demobilization)

-

-

-

-

-

-

-

Advance for future capital Increase

8,084

252

16,416

12,787

-

-

-

Others

48,296

1,338,269

2,604

113

140,625

33,368

443,307

NON-CURRENT TOTAL

641,098

1,992,357

836,327

520,401

2,796,417

131,055

12,684,863

-

              

STOCKHOLDERS’ EQUITY

              

Social Capital

726,447

1,325,124

1,256,331

475,789

3,475,679

684,204

4,610,171

Capital Reserves

-

-

-

-

-

-

-

Profit Reserves

-

-

-

-

-

-

-

Additional Dividend Purposed

-

-

-

-

-

-

-

Profit/Losses Accumulated

(772,495)

(1,510,770)

(1,529,951)

(424,902)

(3,549,648)

(745,233)

(8,039,493)

Other Comprehensive Income

(164,491)

-

(34,329)

-

200,946

(1,376)

(2,409)

Non-controlling Shareholders Participations

-

-

-

-

-

-

-

-

              

STOCKHOLDERS’ EQUITY TOTAL

(210,539)

(185,646)

(307,949)

50,887

126,977

(62,405)

(3,431,731)

               

LIABILITY AND STOCKHOLDERS’ EQUITY TOTAL

1,358,726

3,604,667

1,310,800

760,539

4,597,572

423,410

21,459,611

 

17

 

 
 
 

 

Marketletter 3Q15

 

STATEMENT OF INCOME 09/30/2014

ED Alagoas

ED Rondonia

ED Piaui

ED Acre

CELG -D

ED Roraima

Amazonas D

           

 

  

Operating Revenue

757,877

851,849

701,299

270,217

-

142,298

2,413,046

           

 

  

Electric Energy (Sell) Provision

-

-

-

-

-

-

-

Electric Energy Supply – Generation

-

-

-

-

-

-

826,118

Short Term electric Energy

-

-

-

-

-

-

1,135,812

Renewed Plants Operation and Maintenence Revenue

-

-

-

-

-

-

-

Construction Revenue of Plants

-

-

-

-

-

-

51,879

Financial – Return on Investment G

-

-

-

-

-

-

-

Financial Effect Itaipu (Parent Company)

-

-

-

-

-

-

-

Renewed Lines Operation and Maintenence Revenue

-

-

-

-

-

-

-

Operation and Maintenence Revenue

-

-

-

-

-

-

-

Construction Revenue - Transmission

-

-

-

-

-

-

-

Financial – Return on Investment T

-

-

-

-

-

-

-

Electric Energy Supply – Distribution

906,829

948,646

802,622

336,830

-

166,829

448,606

Construction Revenue - Distribution

57,464

128,745

78,356

34,816

-

8,703

229,903

Others Operating Revenues

54,928

47,348

101,666

2,414

-

7,075

202,499

           

 

  

Deductions to Operating Revenues

(261,344)

(272,890)

(281,345)

(103,843)

-

(40,309)

(481,771)

           

 

  

Operating Expenses

(908,181)

(817,340)

(725,958)

(196,895)

-

(209,618)

(2,469,090)

           

 

  

Personnel, Material and Services

(163,294)

(190,336)

(187,523)

(63,276)

-

(62,099)

(466,303)

Electric Energy Purchased for Resale

(546,061)

(373,605)

(372,939)

(96,014)

-

(72,247)

(1,024,217)

Charges on Electric Energy Grid Usage

(43,551)

(10,004)

(39,291)

(1,865)

-

-

-

Construction

(57,464)

(128,745)

(78,356)

(34,816)

-

(8,703)

(281,782)

Fuel used for electric energy production

-

-

-

-

-

(14,826)

(111,078)

Remuneration and Reimbursement (Royalties – Hydric Resources Usage)

-

-

-

-

-

-

(5,103)

Depreciation and Amortization

(24,062)

(25,173)

(23,130)

(10,370)

-

(7,028)

(77,343)

Operating Provisions

(7,070)

(10,123)

26,607

17,420

-

(18,692)

(12,245)

Others

(66,679)

(79,354)

(51,326)

(7,974)

-

(26,023)

(491,019)

           

 

  

OPERATING RESULT BEFORE FINANCIAL RESULT

(150,304)

34,509

(24,659)

73,322

-

(67,320)

(56,044)

           

 

  

FINANCIAL REVENUE (EXPENSES)

          

 

  
           

 

  

Financial Investments Revenue

1,272

509

470

998

-

787

3,273

Interest, Commission and Rates revenue (loans and financing)

-

-

-

-

-

-

-

Debt Charges

(47,771)

(41,455)

(76,116)

(13,554)

-

(2,149)

(739,994)

Charges - Leasing

-

-

-

-

-

-

(240,096)

Charges – remuneration to shareholders

-

-

-

-

-

-

-

Moratorium Increase on electric energy

22,851

22,612

30,689

10,668

-

-

31,167

Net Monetary Update

10,430

(4,286)

(21,558)

(32,125)

-

(875)

1,097

Net Exchange Update

-

-

-

-

-

-

-

Regulatory Asset and Liability Update (Installment A - CVA) - Net

-

-

-

-

-

-

-

Other financial Revenues

18,311

15,323

15,662

-

-

-

67,396

Other financial expenses

(43,928)

(20,465)

(10,425)

(9,501)

-

(1,139)

(6,028)

           

 

  

FINANCIAL RESULT

(38,835)

(27,762)

(61,278)

(43,514)

-

(3,376)

(883,185)

           

 

  

EQUITY PARTICIPATIONS RESULT

-

-

-

-

-

-

-

           

 

  

RESULT BEFORE SOCIAL CONTRIBUTION, INCOME TAX, EMPLOYEES AND MANAGEMENT PARTICIPATION AND MINORITY PARTICIPATION

(189,139)

6,747

(85,937)

29,808

-

(70,696)

(939,229)

           

 

  

Income Tax and Social Contribution and Fiscal Incentives Revenue

-

(3,739)

(2,535)

-

-

-

-

           

 

  

RESULT BEFORE EQUITY PARTICIPATIONS

(189,139)

3,008

(88,472)

29,808

-

(70,696)

(939,229)

           

 

  

NET PROFIT OF THE PERIOD

(189,139)

3,008

(88,472)

29,808

-

(70,696)

(939,229)

 

18

 

 
 
 

 

Marketletter 3Q15

 

CASH FLOW 09/30/2014

ED Alagoas

ED Rondônia

ED Piauí

ED Roraima

Celg D

ED Acre

Amazonas D

               

Operating Activities

              

Profit (loss) before income tax and social contribution

(189,139)

6,747

(85,937)

(46,494)

-

21,489

(844,182)

               

Depreciation and amortization

24,062

25,173

23,130

7,028

-

10,370

85,654

Net monetary and currency variation

3,837

4,286

1,383

-

-

32,125

(1,097)

Financing charges

47,771

41,455

58,601

2,149

-

13,554

321,483

Equity Method Result

-

-

-

-

-

-

-

Provision for uncovered liability

-

-

-

-

-

-

-

Provision for doubtful credit liquidation

(15,101)

(4,343)

(61,848)

19,547

-

(8,073)

(18,240)

Provisions for contingencies

2,893

14,466

35,241

4,628

-

2,577

(23,390)

Provision for loss with Investment

-

-

-

-

-

-

-

Provision for staff realignment

-

-

-

-

-

-

-

Provision for reduction on recoverable amount of Investment (Impairment)

-

-

-

-

-

-

-

Provision for onerous contracts

-

-

-

-

-

-

-

Provision for loss with Financial Asset

-

-

-

-

-

(3,556)

-

Global reversal reserve charges

-

-

-

-

-

-

-

Adjustment to Present Value / Market Amount

(163)

-

-

-

-

-

-

Minority Participation in Result

-

-

-

-

-

-

-

Charges on Shareholders funds

-

-

-

-

-

-

-

Financial Asset Revenue by IRR

-

-

-

-

-

-

-

Derivatives

-

-

-

-

-

-

-

Others

(258,033)

30,988

24,436

(4,692)

-

2,368

27,223

(Increase) decrease on operating asset/liability

322,751

(97,094)

(7,508)

13,241

-

(78,624)

289,259

               

Cash from Operating Activities

(61,122)

21,678

(12,502)

(4,593)

-

(7,770)

(163,290)

               

Payment of financial charges

(34,637)

(25,759)

-

(1,991)

-

(6,192)

(97,771)

Payment of charges of global reversal reserve

-

-

-

-

-

-

-

Financial charges receivable

-

-

-

-

-

-

-

Remuneration from equity investments received

-

-

-

-

-

-

-

Annual allowed Revenue Receiving (Financial Asset)

-

-

-

-

-

-

-

Financial Asset Indemnities Receiving

-

-

-

-

-

-

-

Payment of income tax and social contribution

-

-

(2,535)

-

-

-

-

Complementary pension fund payment

-

-

-

-

-

-

-

Payment of lawsuit contingencies

-

-

(15,158)

-

-

-

-

Lawsuit Deposits

7,410

(449)

-

-

-

-

(28,878)

               

Net Cash from Operating Activities

(88,349)

(4,530)

(30,195)

(6,584)

-

(13,962)

(289,939)

               

Financing Activities

              

Loans and financing obtained

216,430

171,833

253,581

18,981

-

74,175

797,457

Loans and financing payment - principal

(77,387)

(41,351)

(160,037)

(3,446)

-

(17,590)

(145,992)

Payment to Shareholders

-

-

-

-

-

-

-

Payment of refinancing of taxes and contributions - Principal

(2,313)

-

-

-

-

-

-

Compulsory loan and Global Reversal Reserve

-

-

-

-

-

-

-

Receiving of advance for future capital increase (AFAC)

-

-

785

-

-

-

-

Others

-

-

-

-

-

-

-

Net Cash from Financing Activities

136,730

130,482

94,329

15,535

-

56,585

651,465

               

Investment Activities

              
               

Financing and Loans Concessions

-

-

-

-

-

-

-

Receiving of Loans and Financing Ceded

-

-

-

-

-

-

-

Receiving of credit energy renegotiated

-

-

-

-

-

-

-

Acquisition of fixed assets

(1,590)

(646)

(1,162)

(8,121)

-

(932)

(7,255)

Acquisition of intangible assets

(8,637)

(6,710)

(630)

(911)

-

(1,519)

(10,252)

Acquisition of concession assets

(48,825)

(124,480)

(76,563)

(343)

-

(33,675)

(289,648)

Concession for advance of future capital increase

-

-

-

-

-

-

-

Acquisition/Contribution of capital in equity participation

-

-

-

-

-

-

-

Others

(497)

-

-

-

-

(8)

-

Net Cash from investments activities

(59,549)

(131,836)

(78,355)

(9,375)

-

(36,134)

(307,155)

               

Increase (decrease) in cash and cash equivalents

(11,168)

(5,884)

(14,221)

(424)

-

6,489

54,371

Cash and cash equivalent – beginning of period

25,646

40,894

22,450

7,502

-

18,098

84,656

Cash and cash equivalent – end of period

14,478

35,010

8,229

7,078

-

24,587

139,027

 

(11,168)

(5,884)

(14,221)

(424)

-

6,489

54,371

 

19

 

 
 
 

 

Marketletter 3Q15

 

IV.3 Financial Informations and Result Analysis of Eletrobras Companies

 

                                                                                                            R$ million

Company

Net Operating Revenue

Service Result

Profit/Loss of

Period

EBITDA

Margin

EBITDA

09M15

09M14

09M15

09M14

09M15

09M14

09M15

09M14

09M15

09M14

Eletronorte

4,470

4,529

1,050

1,298

415

1,232

1,500

1,681

34%

37%

Chesf

2,772

2,555

62

-468

603

15

131

-421

5%

-16%

Furnas

4,857

4,508

1,062

862

394

-292

1,211

373

25%

8%

Eletronuclear

1,457

1,422

-3,327

-297

-3,433

-442

-3,058

-26

-210%

-2%

Eletrosul

1,182

788

239

662

-309

146

42

496

4%

63%

CGTEE

301

252

-116

-199

-363

-341

-58

-144

-19%

-57%

Amazonas G&T

78

-

7

-

-40

-

23

-

30%

-

 

                                                                                                                                                                                                                                                                                         R$ million

Company

Net Operating Revenue

Service Result

Profit/Loss of

Period

EBITDA

Margin

EBITDA

09M15

09M14

09M15

09M14

09M15

09M14

09M15

09M14

09M15

09M14

ED Acre

300

270

-25

73

-58

30

-13

84

-4%

31%

ED Alagoas

996

758

-78

-150

-185

-189

-53

-126

-5%

-17%

Amazonas D

2,388

2,413

-481

-56

-1,422

-939

-402

21

-17%

1%

ED Piauí

905

701

-235

-25

-344

-88

-208

-2

-23%

0%

ED Rondônia

857

852

-33

35

-151

3

-6

60

-1%

7%

ED Roraima

181

142

-90

-67

-129

-71

-82

-60

-45%

-42%

Celg D

3,322

-

-140

-

-882

-

-52

-

-2%

-

 

 

 

20

 

 
 
 

 

Marketletter 3Q15

 

IV.3.1 Financing and Loans – R$ Million

 

Local Currency (LC) +  Foreign Currency (FC)

 

Empresa Eletrobras

Eletrobras (a)

Outros Credores (b)

Total (a+b)

2015

2016

2017

2018

2019

2020

After 2020

2015

2016

2017

2018

2019

2020

Após 2020

Eletronorte

124.53

334.48

334.23

281.02

256.17

248.62

1,478.31

66.81

186.01

110.20

108.38

108.21

113.70

1,110.65

4,861.32

Chesf

3.18

12.56

10.15

7.01

-

-

-

28.23

270.47

270.47

270.47

95.47

22.09

-

990.11

Furnas

368.00

140.00

506.00

484.00

455.00

474.00

1,591.00

269.00

91.00

594.00

1,519.00

560.00

569.00

1,598.00

9,218.00

Eletronuclear

14.16

77.40

108.40

135.64

138.11

138.11

836.56

18.36

36.58

77.36

112.92

151.89

162.98

4,583.55

6,592.02

Eletrosul

144.40

58.76

240.67

246.65

242.70

232.37

961.43

380.41

63.25

369.65

164.82

140.87

120.85

480.73

3,847.56

CGTEE

83.56

262.94

237.15

238.82

241.69

231.25

1,041.50

-

-

-

-

-

-

-

2,336.91

Itaipu Binacional

116.50

485.22

516.80

550.81

587.21

626.40

1,024.54

204.49

837.53

895.58

955.58

1,019.54

1,088.21

2,844.25

11,752.66

ED Acre

64.28

34.11

18.51

32.87

22.06

67.16

34.76

-

-

-

-

-

-

-

273.75

ED Alagoas

232.00

169.00

157.00

135.00

101.00

92.00

182.00

-

10.00

-

-

-

-

2.00

1,080.00

ED Amazonas Energia

652.70

198.50

313.20

260.20

208.40

196.40

318.20

-

-

-

-

-

-

-

2,147.60

ED Piauí

125.92

428.99

149.14

51.97

24.36

7.52

368.14

0.14

1.41

3.01

3.01

3.01

3.01

30.30

1,199.92

ED Rondônia

5.50

133.91

158.97

122.33

127.44

80.89

127.78

-

-

-

-

-

-

-

756.82

ED Roraima

5.54

5.48

6.02

6.13

5.03

4.57

8.57

-

-

-

-

-

-

-

41.34

Celg D

2.34

9.34

9.34

8.34

3.31

3.31

11.57

78.87

315.97

222.00

144.61

112.40

101.48

267.61

1,290.48

(1) Saldo do passivo circulante.

 

21

 

 
 
 

 

Marketletter 3Q15

 

IV.3.2 Analysis Result of Generation and Transmission Companies

 

 

Eletrobras Eletronorte

 

The Company presented a net profit in 3Q15 269.69% higher than the one registered in the previous quarter, from a R$ 60.5 million profit in 2Q15 to R$ 223.6 million in 3Q15, mainly due to the factors described below.

 

Operating Revenue

 

In Generation

 

The revenues from the generation segment showed an increase of 5.2% in the 3Q15, from R$ 1,273.0 million to R$ 1,339.5 million. This increase is mainly explained by (i) variation of R$ 32.0 million in electric power supply revenue, related to seasonality of CCEAR contracts Tucuruí, being sold 1,183.76   Mw/Average in 2Q15 and 1,058.58 Mw/Average in 3Q15; (ii) and the increase of R$ 33.3 million in short-term electricity revenues, related to the flexibility of such contracts, particularly the agreement with BTG that has contracted the purchase of 600 Mw/Average with 20% flexibility, which in the 2Q15 it was sold 515.7 Mw/ Average and in 3Q15 720 Mw/Average.

 

In Transmission:

 

The transmission segment revenues remained at the same level as the previous quarter, from R$ 277.8 million to R$ 281.8 million. The R$ 11.7 million decrease in operating and maintenance income of renewed lines was more than offset primarily (i) the increase of R$ 8.1 million from Financial account - Return on Investment; and (ii) increased R$ 6.4 million of construction revenue, which is equivalent to operating expenses not affecting the company's results.

 

Others Operating Revenues

 

The account Others Operating Income shows a decrease from a R$ 60 million in 2Q15 to an expense of R$ 9 million in 3Q15. This change was due to the reclassification of revenues of the PROINFA and the CDE, which are no longer registered in this group and are now classified as a reduction of the deduction of dues revenue.

 

Operating Expense

 

The operating expenses decreased 5%, from R$ 1,169.7 million in 2Q15 to R$ 941.1 million in 3Q15 principally due to (i) lower costs of electricity purchased for resale, which fell by 121%, from R$ 480.8 million in the 2Q15 for a spending recovery of R$ 105.0 million in 3Q15, due to the reversal of the accrued value of the GSF provisioned. This reduction was offset mainly by an  increase of 15% in personnel, materials and services,, from R$ 340.7 million in 2Q15 to R$ 391.7 million in 3Q15, due to the adjustment salary coming from the Collective Labor Agreement concentrated in 3Q15; and (ii) an increase in operating provisions account, from R$ 33.9 million in 2Q15 to R$ 266.3 million in 3Q15 due to the update concerning to civil claims, amounting to R$ 236 million.

 

22

 

 
 
 

 

Marketletter 3Q15

 

 

Financial Result

 

The financial expenses increased by 163.5%, from R$ 142.4 million in 2Q15 to R$ 375.4 million in 3Q15. This variation is mainly due to the R$ 183.5 million increase in expenses related to exchange rate fluctuations in the quarter, which was partially offset by (i) reduction of R$ 37.1 million with active monetary update, related to reduction of renew on advances for future capital increase (AFAC) and the adjustment costs on renegotiated credits with the Amapá Electricity Company - CEA; and (ii) the decrease in other financial income of R$ 22.4 million resulting from the adjustment of the updates on the judicial deposits amounting to R$ 42.9 million.

 

Equity Participations

 

The income from equity investments increased by 283.7%, from R$ 19.0 million in 2Q15 to R$ 73.0 million in 3Q15, mainly due to the positive result of Norte Brasil Transmissora de Energia S.A. in the 2Q15 was R$ 2.5 million and in 3Q15 was R$ 47.5 million.

 

 

23

 

 
 
 

 

Marketletter 3Q15

 

Eletrobras Chesf

 

The Company presented in the 3Q15 a net result 40.8% higher than reported in the previous quarter, from a R$ 124.8 million profit in 2Q15 to a R$ 175.7 million profit in 3Q15, mainly due to the following factors described.

 

Operating Revenue

 

In Generation:

 

The revenues from generation segment showed a decrease of 2.9% in 3Q15, from R$ 715.8 million in 2Q15 to R$ 695.6 million in 3Q15. This reduction is mainly explained by a variation in the electric energy supply, which refers to the sale of energy on the open market, of approximately R$ 20 million. The increase in the supply of electricity to R$ 136 million, due to the renewal of contracts with industrial consumers, was offset by a decrease of the same amount in short-term energy, due to a lower thermal dispatch of TPE Camaçari.

 

In Transmission:

 

The transmission segment revenues remained at the same level as the 2Q15. There was a slight increase in operating and maintaining income of the lines renewed at R$ 15 million and an increase in construction revenues of R$ 58.6 million, mainly due to investments in lines renewed by Law 12,783/2013, which has equivalent value in operating expenses, which does not affect the company's results.

 

Operating Expenses

 

The operating expenses fell by R$ 49.6 million, or 5.1%, from R$ 976.4 million in 2Q15 to R$ 926.8 million in 3Q15. Among the main changes, is highlighted (i) the reduction in the fuel for producing electricity of R$ 39 million due to reduced dispatch of TPE Camaçari; (ii) the reduction in operating provisions of R$ 87.8 million due mainly to the change in the value of the legal fees for the lawsuit from the K factor; and (iii) the positive effect of other operating expenses of R$ 39.4 million due mainly to the record of the reversal of other operating provisions. These decreases were partially offset by (i) an increase in personnel expenses, material and services (PMS) of R$ 35.5 million, caused mainly by the wage increase coming from the Labor Collective Agreement of concentrated in 3Q15; and (ii) the increase in electricity purchased for resale at R$ 25.5 million, mainly due to purchases occurred in the CCEE in the third quarter 2015.

 

Financial Result

 

The net financial result decreased by 47.3%, froma revenue of R$ 212.9 a million in 2Q15 to a revenue of R$ 112.2 million in 3Q15, mainly due to the reduction in accounts receivable of compensation concerning the renewal of concessions under 12,783/2013 Law, which increased from a revenue of R$ 178 million in 2Q15 to a R$ 72.6 million revenue in 3Q15.

 

 

 

24

 

 
 
 

 

Marketletter 3Q15

 

Equity Participation Result

 

The result from equity investments increased by 246.2%, from a R$ 16.7 million in 2Q15 to a R$ 57.8 million in 3Q15. This variation was mainly due to equity on the profit for the third quarter of investees Interligação Elétrica do Madeira and Sistema de Transmissão Nordeste.

 

 

 

 

25

 

 
 
 

 

Marketletter 3Q15

 

Eletrobras Furnas

 

The Company presented in 3Q15 a net profit 191.6% higher than reported in the previous quarter, from a loss of R$ 204.2 million in 2Q15 to a profit of R$ 187.1 million profit in 3Q15, mainly due to the following factors described.

 

Operating Revenue

 

In Generation:

 

The generation segment revenues increased by 32.3% in 3Q15, from R$ 1,128.1 million in 2Q15 to R$ 1,492.2 million in 3Q15. This increase was due mainly to (i) an increase of R$ 249.8 million in the energy sold in the short-term market; (ii) the increase of R$ 52 million in power supply due to sales in the auction of free and regulated energy; and (iii) the increase of R$ 48.4 million in operating and maintenance revenue of renewed power plants, resulting from the increase in sales of physical guarantee of quotas, as well as the inclusion of SHP Coronel Domiciano and Ervália.

 

In Transmission

 

The transmission segment revenues increased by 14.8% in 3Q15, or R$ 64.9 million, of which R$ 56.7 million correspond to construction revenue that having equivalent register in operating expenses, has no influence the outcome of the company.

 

Operating Expenses

 

The operating expenses fell by R$ 152 million, or 10.4%, from R$ 1,466.4 million in 2Q15 to R$ 1,314.4 million in 3Q15. This decrease is due mainly to the decrease in electricity purchased for resale, from R$ 364.8 million in 2Q15 to R$ 199 million in 3Q15; and (ii) the reversal of operating provisions of R$ 318.5 million, a result of the impacts caused by reversals of labor, civil, tax and environmental contingencies in the amount of R$ 116.8 million, R$ 75.4 million R$ 115.5 million and R$ 38.2 million, respectively, along with a reversal of allowance for loan losses of R$ 108.2 million. These decreases were partially offset by (i) an increase in personnel expenses, material and services (PMS) of R$ 220.1 million, from R$ 330 million in 2Q15 to R$ 550.1 million due in 3Q15, mainly due to the labor collective agreement, which adjustment is concentrated in 3Q15; (ii) the payment of labor liabilities amounting to R$ 86.3 million; and (iii) an increase in third party services of R$ 45.6 million.

 

Financial Result

 

The net financial result increased by 1,057.8%, from an expense of R$ 29 million in 2Q15 to an expense of R$ 336.3 million in 3Q15, mainly due to (i) the net exchange differences worth R$ 168 million, a result of the currency devaluation affecting loans and financings in foreign currency; (ii) the decrease in other financial income of R$ 108 million, for the 2Q15 was registered R$ 106 million received in fines for advances to suppliers; and (iii) a decrease of R$ 85 million of compensation of damages due to the decrease in trade accounts receivable by renewed concessions under Law 12,783/2013.

 

26

 

 
 
 

 

Marketletter 3Q15

 

Equity Participation Result

 

The result from equity investments increased by 199.7%, from an expense of R$ 75.2 million in 2Q15 to a revenue of R$ 75 million in 3Q15, mainly due to the result in Goiás Transmissão companies, Interligação Elétrica do Madeira and Serra do Facão.

 

 

 

 

27

 

 
 
 

 

Marketletter 3Q15

 

Eletrobras Eletronuclear

 

The Company presented a net loss in 3Q15 2,712.0% lower than the one in the 2Q15, from R$ 121.3 million to R$ 3,410.7 million in 3Q15, mainly due to the factors described below.

 

Operating Revenue

 

In Generation

 

The net operating revenue shows an increase of R$ 15.3 million due to the climb in the electric energy supply, which grew 3.6% or R$ 19 million, mainly due to the variable portion.

 

Operating Expense

 

The operating expenses increased by R$ 3,487.7 million, or 794.1%, from R$ 439.2 million in 2Q15 to R$ 3,926.8 million in 3Q15. This increase was due primarily to the register of impairment related to Angra 3 in the amount of R$ 3,386 million.

 

Financial Result

 

The financial result increased by R$ 198 million, from an expense of R$ 140, 5 million in 2Q15 to a revenue of R$ 26.2 million in 3Q15. This increase is mainly due to (i) increasing the active exchange variation of R$ 73.1 million resulting from the income account in the fund for decommissioning, whose securities portfolio is pegged to the US dollar; (ii) the decrease in account of passive exchange variation of R $ 16.5 million, due to the reduction of the company's exposure to currency adjustment obligations; and (iii) an increase in other financial income of R $ 111.1 million, primarily as a result of the adjustment to present value of liabilities for asset retirement, due to the reduction of the useful life of the assets related to this liability.

 

 

 

28

 

 
 
 

 

Marketletter 3Q15

 

Eletrobras Eletrosul

 

The Company had a net profit in 3Q15 56.0% lower than the reported in the previous quarter, from a loss of R$ 69.6 million in 2Q15 to a loss of R$ 109.2 million in 3Q15, mainly due to factors described below.

 

Operating Revenue

 

In Generation

 

The revenues from the generation segment showed a decrease in 3Q15, from R$ 174.5 million in 2Q15 to R$ 148.4 million in 3Q15. This reduction is mainly explained by the decrease of R$ 20.8 million in energy revenues sold on the spot market (CCEE), due to the decrease in the PLD and the prices charged for the procurement in the ACL.

 

In Transmission

 

The transmission segment revenues increased 18.9% from R$ 247.7 million in 2Q15 to R$ 294.4 million in 3Q15. This variation is mainly due to (i) increase of R$ 17.3 million of operating income and maintenance of renewed lines, due to the tariff readjustment of the Allowed Annual Revenue - RAP 2015/2016 cycle; and (ii) the increase of R$ 36.1 million of construction revenue, which is equivalent to operating expenses not affecting the company's results. The increase in construction revenue is related to the auction ventures 04/2014 (Aneel Concession Contract 01/2015).

 

Operating Expense

 

The operating expenses increased 38.3% from R$ 236.2 million in 2Q15 to R$ 326.7 million in 3Q15. This increase is mainly due to (i) the variation of 20.1% in personal account, material and services, from R$ 111.7 million in 2Q15 to R$ 135.0 million in 3Q15, mainly due the collective bargaining agreement, which adjustment is concentrated in 3Q15; (ii) the effects of increased spending on electricity purchased for resale, which increased 43.9%, from R$ 42.2 million in 2Q15 to R$ 60.7 million in 3Q15, due to increased volume of energy purchased the SPE ESBR (20% share of Eletrosul) to service the requirement in hiring BNDES financing (Power Purchase Agreement contract - PPA).

 

29

 

 
 
 

 

Marketletter 3Q15

 

Financial Result

 

The financial expense increased by 241.5%, from R$ 32.9 million in 2Q15 to R$ 112.5 million in 3Q15. This variation was mainly by (i) an increase in the passive monetary update of R$ 55.1 million, due to the increase of the indexes that correct the loan and financing of the company; and (ii) the reduction in the compensation of damages, from R$ 43.8 million in 2Q15 to R$ 13.2 million in 3Q15, on balance reduction function of compensation receivable.

 

Equity Participation Result

 

The result of equity investments showed no  variation in 3Q15, remaining at the same level, showed in 2Q15, R$ 142.2 million. Collaborated for that the higher loss recorded in the affiliated companies ESBR Participações, Livramento Holding and Teles Pires Participacões, and the reduction of losses in investees Santa Vitória do Palmar and Chui Holding.

 

 

30

 

 
 
 

 

Marketletter 3Q15

 

CGTEE

 

The Company presented a net profit in 3Q15 43.0% higher than reported in the previous quarter, from a loss of R$ 124.9 million in 2Q15 to a loss of R$ 71.2 million in 3Q15, mainly due to factors described below.

 

Operating Revenue

 

In Generation

 

The generation segment revenues increased 126.8% in the 3Q15, from R$ 61.9 million in 2Q15 to R$ 140.3 million in 3Q15, mainly due (i) the recognition of revenues from the 1st  auction of new energy; and (ii) the reduction of reimbursement of Candiota III (Phase C), which allowed the Company perform the billing of monthly revenue.

 

Operating Expense

 

The operating expenses increased by R$ 14.8 million, or 15.0%, from R$ 98.7 million in 2Q15 to R$ 113.6 million in 3Q15, mainly due to (i) the increase in personnel expenses, material and services R$ 10.7 million, or 17.1%, a result of the collective labor agreement, which adjustment is concentrated in 3Q15; and (ii) an increase in operating provisions of 1,041.2%, from R$ 0.4 million in 2Q15 to R$ 5.1 million in 3Q15, due to the recognition of provisions for labor and civil cases.

 

Financial Result

 

The net financial result remained at the same level as the previous period, not impacting the company's results.

 

 

31

 

 
 
 

 

Marketletter 3Q15

 

Eletropar

 

The Company presented in 3Q15 a net profit 186.7% higher than reported in the previous quarter, from a R$ 0.8 million profit in 2Q15, to a R$ 2.2 million profit in 3Q15, mainly due to factors described below.

 

Operating Expenses

 

The operating expenses decreased by R$ 0.04 million, from R$ 1.19 million in 2Q15 to R$ 1.15 million in 3Q15, mainly due to the decrease in other financial expenses of R$ 0.2 million, a result of the decrease in advertising expenditures. This decrease was partially offset by an increase in personnel expenses, material and third-part related services by 13%, from R$ 0.8 million in 2Q15 to R$ 0.96 million in 3Q15, due to the collective labor agreement which adjustment is concentrated in 3Q15.

 

Financial Result

 

The financial result increased by R$ 0.3 million, from a revenue of R$ 1.7 million of revenue in the 2Q15 to an income of R$ 2.0 million in 3Q15, mainly due to financial investments revenue which increased by 18.2% between the 2Q15 and 3Q15, from R$ 1.7 million to R$ 2 million due to the higher volume of funds.

 

Result of Investment on Equity Participation

 

The result from equity investments increased by 299.2%, from R$ 0.4 million in 2Q15 to R$ 1.6 million in 3Q15, due to the recognition of equity income relating to investments in CTEEP Invested Company.

 

 

32

 

 
 
 

 

Marketletter 3Q15

 

IV.2.3 Analysis Result of Distribution Companies

 

 

 

Amazonas Energia

 

In order of the unbundling process occurred in Amazonas Energia, comparative analysis of the results of 3Q15 versus 2Q15 it is not applicable.

 

 

 

 

 

33

 

 
 
 

 

Marketletter 3Q15

 

 

 

Eletrobras Distribuição Acre

 

The company posted a loss 787.9% below the one reported in the previous quarter, from R$ 3.0 million in 2Q15 to R$ 20.9 million in 3Q15, mainly due to the factors described below.

 

Operating Revenue

 

In Distribution

 

The net operating revenues increased 34.2%, from R$ 89.0 million in 2Q15 to R$ 119.4 million in 3Q15. This growth can be explained by the revenue climb with electricity supply at R$ 29.4 million, as it amounts received from the tariff banners account no longer registered as a reduction of costs and have been recorded as income from the 3Q15.

 

Operating Expense

 

The operating expenses increased by 79.8%, or R$ 59.2 million, from R$ 74.1 million in 2Q15 to R$ 133.3 million in 3Q15, due primarily to (i) increase of R$ 3.0 million in expenses with PMS because of the collective labor agreement, which adjustment is concentrated in 3Q15; (ii) the increase in other operating expenses of R$ 45.6 million, from R$ 3.0 million in 2Q15 to R$ 48.6 million in 3Q15, due to the recognition of oil return to the CCC and low reimbursement rights by the CCC. This increase was partially offset by a decrease in expenses of R$ 21.9 million, or 52.1%, in electricity purchased for resale, a result of the reclassification of amounts received from the account of tariff flags, before reducing energy costs and that this quarter were reclassified to supply electricity revenue.

 

Financial Result

 

The financial expenses decreased by 40.6%, from R$ 11.9 million in 2Q15 to R$ 7.0 million in 3Q15. This variation is due mainly to (i) the R$ 3.7 million decrease in passive restatement account, due to the reduction of IPCA applied on compensation rights; and (ii) the reduction of R$ 4.8 million in other financial expenses, related to lower expenses in 3Q15 to return resources to consumers for non-compliance with minimum quality standards set by ANEEL. This negative variation was partially offset by increased spending on debt charges of R$ 7.8 million in debt renegotiation function and increase the agreed adjustment indices for each contract.

 

 

34

 

 
 
 

 

Marketletter 3Q15

 

Eletrobras Distribuição Alagoas

 

The Company presented a net profit in 3Q15, 43.31% higher than reported in the previous quarter, from a loss of R$ 80.5 million in 2Q15 to a loss of R$ 115.3 million in 3Q15, mainly due to factors described below.

 

Operating Revenue

 

In Distribution

 

The operating income increased by R$ 57.8 million, from a revenue R$ 280.4 million in 2Q15 to an income of R$ 338 million in 3Q15. The R$ 57.8 million reduction in the supply of electricity in the period, due to the decrease in the volume of energy sold - seasonality in the region was offset by (i) an increase of R$ 78.8 million of CVA and other financial components in function in the accounting record of the CVA; and (ii) the decrease in deductions from revenue of R$ 36.9 million, or 15.38%.

 

Operating Expense

 

The operating expenses increased by R$ 130.8 million, or 41.4%, from R$ 316.2 million in 2Q15 to R$ 447 million in 3Q15, mainly due to (i) the personal account of increase, material and services of R$ 10.7 million, or 18.5%, due to the collective labor agreement, which adjustment is concentrated in 3Q15; (ii) the increase in electricity purchased for resale of R$ 108.4 million, or 59.1%, from R$ 183.6 million in 2Q15 to R$ 292 million in 3Q15, due to the reclassification of the constitution of the CVA energy expenditure, which reduced this account, to operating income.

 

Financial Result

 

The financial expenses showed a decrease of R$ 15.6 million, from R$ 42.7 million in 2Q15 to R$ 27.1 million in 3Q15, mainly due to the reduction of R$ 8.9 million in other financial expenses, from R  10.2 million in 2Q15 to R$ 1.2 million in 3Q15 due to the renegotiation of the debt service with Eletrobras.

 

 

35

 

 
 
 

 

Marketletter 3Q15

 

Eletrobras Distribuição Piauí

 

The Company presented in 3Q15 a net profit 436.4% lower than reported in the previous quarter, from a loss of R$ 51.3 million in 2Q15 to R$ 275.3 million in 3Q15, mainly due to the factors described below.

 

Operating Revenue

 

In Distribution

 

The operating income remained at the same level as the previous period. The increase recorded in the electricity supply of R$ 45.4 million, or 11.2%, due to the increase in the volume of energy sold and the tariff increase was almost entirely offset by a reduction in income of CVA and other components financial R$ 31.6 million, or 273.1%. The latter, as a result of the difference at the time of the annual tariff adjustment between the amounts approved by ANEEL and accounted for, relating to non-manageable costs by the company ("Tranche A").

 

Operating Expense

 

The operating expenses increased by R$ 193 million, or 59.4%, from R$ 324.7 million in 2Q15 to R$ 517.7 million in 3Q15. This increase is mainly due to (i) the grow of account  personal, material and services of R$ 16.1 million, or 24.0%, due to the collective labor agreement, which adjustment is concentrated in 3Q15; (ii) the increase in electricity purchased for resale of R$ 26.8%, from R$ 197.6 million in 2Q15 to R$ 250.7 million in 3Q15, due to higher energy purchase volume in the third quarter as well as the largest expenditure of the variable portion of contracts available, summed R$ 30.3 million only in the third quarter of the year; (iii) the increase of charges on use of electric energy grid of R$ 35.5 million, a result of increased Charge System Service (ESS) and the Reserve Energy Charge, given the company's exposure in the spot market ; and (iv) and the increase in operating provisions of R$ 77.5 million, or 1,007%, depending on the variation due to the increase in provisions for contingencies (ENGESER Lawsuit and Veleiro Agrícola) and the provision for credits of doubtful settlement.

 

Financial Result

 

The financial expenses increased by R$ 33.9 million, from R$ 7.7 million in 2Q15 to R$ 41.5 million in 3Q15, mainly due to (i) the increase in the debt burden in 53,5%, from R$ 24.8 million in 2Q15 to R$ 38 million in 3Q15, due to the entry of new financing. In 3Q15 there was an inflow of R$ 156.9 million, while in 2Q15 was R$ 75.9 million.

 

 

 

36

 

 
 
 

 

Marketletter 3Q15

 

Eletrobras Distribuição Rondônia

 

The Company presented in 3Q15 a net profit 573.7% lower than reported in the previous quarter, from a R$ 28.2 million profit in 2Q15 to a loss of R$ 133.5 million in 3Q15, mainly due to the following factors described.

 

 

Operating Revenue

 

Operating income remained at the same level as the previous quarter, R$ 285.8 million.

 

Operating Expense

 

The operating expenses increased by R$ 121.8 million, or 51.7%, from R$ 235.3 million in 2Q15 to R$ 357.1 million in 3Q15. This variation is mainly due to (i) the increase in personnel expenses, material and third-part related services, which showed a 26.5% increase, from R$ 55.8 million in 2Q15 to R$ 70.6 million in 3Q15 , mainly due to the collective labor agreement, which adjustment is concentrated in 3Q15; and (ii) an increase of 97.2% in electricity purchased for resale, from R$ 118.6 million in 2Q15 to R$ 233.9 million in 3Q15, given the seasonality of consumption, coupled with the increase in price the Settlement of Differences.

 

Financial Result

 

The financial expenses fell by R$ 41.6 million, from R$ 20.7 million in 2Q15 to R$ 62.2 million in 3Q15, mainly due to the reduction of monetary update of R$ 22.2 million and R$ 41.5 million increase in other financial expenses, both related to debt with Petrobras. This decrease was partially offset by the positive change in the restatement of the Fuel Consumption Account credits, which varied R$ 24.4 million in the quarter.

 

 

 

37

 

 
 
 

 

Marketletter 3Q15

 

Eletrobras Distribuição Roraima

 

The Company presented in 3Q15 a net profit 6.3% lower than reported in the previous quarter, from a loss of R$ 45.6 million in 2Q15 to R$ 48.5 million in 3Q15, mainly due to the factors described below.

 

Operating Revenue

 

In Distribution

 

The operating income increased by 2.4%, or R$ 1.5 million, from R$ 60.3 million in 2Q15 to R$ 61.7 million in 3Q15, mainly due to the grow in the volume of energy sold in the period.

 

Operating Expense

 

The operating expenses fell by R$ 5.9 million, or 21.1%, from R$ 28.1 million in 2Q15 to R$ 22.1 million in 3Q15, mainly due to (i) the reduction in operating provisions of R$ 13.7 million, or 73.9%, due to the reversal of the provision for payment of profit sharing; and (ii) the increase in electricity purchased for resale of R$ 4.8 million due to the higher volume of energy sold in the quarter. This decrease was partially offset by higher personnel expenses account, material and services by R$ 7.1 million, a result of the collective labor agreement, which adjustment is concentrated in 3Q15.

Financial Result

The financial result shows a net decrease of R$ 8.8 million, or 50.2%, from an expense of R$ 17.5 million in 2Q15 to an expense of R$ 26.3 million in 3Q15, due, mainly due to the increase of R$ 3.0 million in debt charges relating to the restatement of loans and financing; to R$ 4.0 million increase in arrears on electricity, from R$ 9.8 million in 2Q15 to R$ 13.8 million in 3Q15; and the increase of R$ 3.4 million in net currency variations, both because of accounting adjustments made in the 3rd quarter.

 

 

 

38

 

 
 
 

 

Marketletter 3Q15

 

 

 

Celg D

 

The Company presented in 3Q15 a net profit 637.0% lower than reported in the previous quarter, from a loss of R$ 69.9 million in 2Q15 to a loss of R$ 515.4 million in 3Q15, mainly due to the following factors described.

 

Operating Revenue

 

In Distribution

 

The operating income showed a reduction of R$ 81.5 million, from R$ 1,121 million in 2Q15 to R$ 1,039.4 million in 3Q15. This decrease is due mainly to the reduction of R$ 236.9 million in CVA and other financial components, caused by the accounting in 2Q15 retroactive to January/2015 in compliance with the circular office No. 185/2015-SSF/ANEEL and the reduction in the 3Q15, the cost related to involuntary exposure of the company. This variation was partially offset by (i) an increase of R$ 125.7 million in electricity supply revenue as a result of the tariff adjustment; and (ii) an increase of R$ 19.8 million in other operating income primarily related to subsidy CDE to fund the tariff discounts defined in Aneel Resolution Authorizing 1,947 of September 08, 2015.

 

Operating Expense

 

The operating expenses remained at the same level as the previous quarter, R$ 1,133.4 million. The increase in operating provisions of R$ 32.7 million, or 307.4%, due to adjustment in the Allowance Registration Rules, together with the R$ 20.6 million increase in personnel, material and services expenses, were partially offset by the R$ 84.7 million in electricity purchased for resale. This, explained by the variation in the spot market CCEE.

 

Financial Result

           

The financial expenses showed a variation of R$ 370.5 million, from an expense of R$ 50.9 million in 2Q15 to an expense of R$ 421.5 million in 3Q15. This increase is explained mainly by (i) R$ 364 million increase in net exchange variation, or 241.5%, due to the debt in dollars, purchased power from Itaipu; and (ii) the increase of R$ 43.6 million in monetary update, due to the anticipation of redemption of debentures and the issuance of Fund's shares in Credit Receivables - FIDC.

 

 

 

 

39

 

 
 
 

 

Marketletter 3Q15

 

 

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 2015

Total (a+b+c+d)

Eletrobras Holding (1)

-

-

13

-

-

13

Eletronorte

9,281

78

121

-

-

9,480

Chesf (2)

1,123

9,215

719

-

-57

11,056

Furnas

4,212

4,617

1,645

403

-

10,878

Eletronuclear

1,990

-

-

-

-

1,990

Eletrosul

428

-

729

-

193

1,157

CGTEE (3)

670

-

-

-

-170

670

Itaipu

7,000

-

-

-

-

7,000

Empresas
Distribuidoras

2,207

-

-

-

-

2,207

Total

26,911

13,910

3,227

403

-34

44,450

(1) The Artilleros Wind Power Plant was not included, becauste it is located abroad.

(2) The reduction concerns the relinquishment of the concession of the Camaçari TPP, now operating at 69 MW.

(3) Plants out of commercial operation.

 

V.2 Transmission Lines - Km

 

Company

Integral Responsability (a)

Integral Responsability under O&M Regime (b)

SPE (c)

Physical Aggregation 2015

Total (a+b+c)

Eletronorte

710

10,003

2,072

610

12,784

Chesf

1,129

18,604

1,189

143

20,921

Furnas

1,148

18,759

1,361

-

21,267

Eletrosul

1,294

9,443

1,083

-851(1)

11,820

Empresas Distribuidoras

701

-

-

-

701

Total

4,982

56,808

5,704

-98

67,493

(1) It refers to assets revaluation and sale of shares to Eletronorte performed by Eletrosul. Excluding this revaluation, the physical aggregation in 2015 is 254km.

 

 

40

 

 
 
 

 

Marketletter 3Q15

 

VI. Generation Data

 

VI.1 Installed Capacity - MW

 

VI.1.2 Generation Assets and Generated Energy

 

VI.1.2.1 Generation Assets and Generated Energy – Enterprises under Integral Responsability

 

Company

Enterprise

Location (State)

Beginning of Operation

End of Operation

Intalled Capacity (MW)

Energy Assured (Average MW)

Generated Energy MWh

1Q15

2Q15

3Q15

Eletronorte

 

HPU Tucuruí

PA

nov/84

jul/24

8,535.00

4,140.00

10,800,855.04

13,267,920.20

7,267,752.62

HPU Samuel

RO

jul/89

sep/29

216.75

92.70

315,530.08

307,776.83

215,809.05

HPU Curuá-Una

PA

jul/77

jul/28

30.30

24.00

50,839.75

59,159.36

60,250.86

UTE Rio Madeira (1)

RO

apr/68

sep/18

119.35

-

-

-

-

TPU Santana

AP

jan/93

may/19

177.74

-

150,116.29

72,855.41

82,458.87

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

-

-

-

6.78

TPU – Santarém

PA

jun/14

- (4)

18.75

-

1,085.83

1,364.73

9.90

TPU Senador Arnon Afonso Farias de Mello (3)

RR

dec/90

aug/24

85.99

-

-

-

-

Chesf

Curemas

PB

jun/57

nov/24

3.52

1.00

-

-

1.66

Sobradinho

BA

apr /79

feb/22

1,050.30

531.00

478,415.53

450,334.21

397,587.30

Camaçari (5)

BA

feb/79

aug/27

69.12

45.80

106,292.50

102,344.93

43,941.46

Furnas

HPU Mascarenhas de Moraes

MG

apr/73

oct/23

476.00

295.00

232,477.00

90,292.87

151,572.01

HPU Itumbiara

GO/MG

feb/80

feb/20

2,082.00

1,015.00

1,162,156.00

764,157.83

911,816.25

HPU Simplício

RJ

jun/13

aug/41

305.70

191.30

155,833.00

88,638.16

26,975.96

HPU Batalha

MG

may/14

aug/41

52.50

48.80

55,625.00

61,114.59

56,935.64

HPU Serra da Mesa (48,46%) (6)

GO

apr /98

nov/39

1,275.00

671.00

433,694,00

367,211.99

655,555.96

HPU Manso (70%) (6)

MT

oct/00

feb/35

212.00

92.00

152,859,00

121,272.95

107,202.38

TPU Santa Cruz (7)

RJ

mar/67

jul/15

500.00

401.20

649,013,00

670,063.33

648,963.70

TPU Roberto Silveira (Campos)

RJ

apr /77

jul/27

30.00

21.00

37,561,00

39,593.40

28,273.47

Eletronuclear

NPP Angra I

RJ

jan/85

dec/24

640.00

509.80

993,895.75

560,970.67

1,217,790.17

NPP Angra II

RJ

sep/00

aug/40

1,350.00

1,204.70

2,939,594.99

3,010,946.64

2,653,740.84

 

41

 

 
 
 

 

Marketletter 3Q15

 

Company

Enterprise

Location (State)

Beginning of Operation

End of Operation

Intalled Capacity (MW)

Energy Assured (Average MW)

Generated Energy MWh

1Q15

2Q15

3Q15

Eletrosul

HPU Passo São João

RS

mar/12

aug/41

77.00

41.10

125,958.70

124,412.45

127,620.74

HPU Mauá (8)

PR

nov/12

jul/42

177.90

96.90

354,147.00

329,915.71

345,767.72

HPU São Domingos

MS

jun/13

dec/37

48.00

36.40

51,318.60

84,080.10

68,742.32

PCH Barra do Rio Chapéu

SC

feb/13

may/34

15.15

8.61

26,336.10

23,490.32

21,723.90

PCH João Borges

SC

jul/13

dec/35

19.00

10.14

20,902.00

14,540.91

23,249.90

WPP Eólica Cerro Chato I

RS

nov/11

aug/45

30.00

11.30

16,984.69

20,745.80

27,831.47

WPP Eólica Cerro Chato II

RS

sep/11

aug/45

30.00

11.30

18,134.97

21,878.12

28,668.99

WPP Eólica Cerro Chato III

RS

jun/11

aug/45

30.00

11.30

18,040.00

21,306.82

28,431.74

WPP Megawatt Solar

SC

sep/14

-

0.93

-

166.90

57.77

44.05

CGTEE

TPU P. Médici (Candiota)

RS

jan/74

jul/15

320.00

183.40

160,764.64

130,382.83

182,361.10

TPU Candiota III – Fase C

RS

jan/11

jul/41

350.00

262.40

439,814.33

443,554.11

430,072.54

TPU S. Jerônimo (Candiota)

RS

apr /53

jul/15

-

-

-

-

-

TPU Nutepa (Candiota)

RS

feb/68

jul/15

-

-

-

-

-

Itaipu Binacional

HPU Itaipu Binacional

PR

mar/85

-

14,000.00

8,577.00

22,591,833.00

20,484,219.00

22,060,323.00

                   

 

(1) ANEEL Ordinance no 223 as of 01/28/2014, declares as unusefulls the goods of TPU Rio Madeira.

(2) ANEEL Ordinance no 136 as of 01/21/2014, recommends to the MME the authorization extinction of public service of TPU’s Rio Branco I and II UTE´s Rio Branco I and II.

(3) Courtesy in lending to Boa Vista Energia from February 10, 2010.

(4) MME Ordinance No. 454 of 12/23/2013, provides that the deadline will be until it comes into operation a structural solution to supply the loads of Tramo West, which is in the study EPE-DEE-AED-RE-005/2013 of the Company Energy-EPE research.

(5) The termination of concession of the Camaçari TPP was requested of ANEEL and awaits approval by the MME. The installed capacity and physical guarantee of the plant correspond to the operation of generating unit number 3, as per ANEEL dispatch 247, of February, 3, 2015.

(6) It includes only the percentage of Furnas.

(7) The power of 500 MW excludes GU’s 3 and 4 whose commercial operation is briefly suspended by Aneel, as Order No 3,263 of 19 October 2012. It includes, however, the power of 150 MW yet available due to the delay in the works expansion of the plant at the end of which the GU’s 11 and 21 operate in combined cycle with GU’s 1 and 2. The physical guarantee (assured energy) of 401.2 MW is on the installed capacity of 500 MW.

(8) The reported values refer to the Company's stake in the venture (Consortium Mauá 49% Eletrosul).

 

 

42

 

 
 
 

 

Marketletter 3Q15

 

VI.1.2.2 Generation Assets and Generated Energy – Enterprises under Integral Responsibility O&M

 

Company

Enterprise

Location (State)

Beginning of Operation

End of Operation

Intalled Capacity (MW)

Energy Assured (Average MW)

Generated Energy (MWh)

1Q15

2Q15

3Q15

Eletronorte

HPU Coaracy Nunes

AP

oct/75

dec/42

78.00

-

135,287.92

146,246.01

147,501.63

Chesf

HPU Funil

BA

mar/62

dec/42

30.00

10.91

7,834.98

5,631.67

17,356.31

HPU Pedra

BA

apr/78

dec/42

20.00

3.74

2,649.02

2,644.14

2,466.37

HPU Araras

CE

feb/67

jul/15

4.00

-

-

-

-

Paulo Afonso Complex and Piloto

BA

jan/55

dec/42

4,281.60

2,225.00

2,363,769.33

2,291,746.33

2,047,660.77

HPU Luiz Gonzaga (Itaparica)

PE

feb/88

dec/42

1,479.60

959.00

1,014,696.06

988,915.58

877,300.83

HPU Boa Esperança (Castelo Branco)

PI

jan/70

dec/42

237.30

143.00

266,113.33

245,714.13

242,929.97

HPU Xingó

SE

apr/94

dec/42

3,162.00

2,139.00

2,665,746.94

2,548,700.84

2,250,582.56

Furnas

HPU Furnas

MG

mar/63

dec/42

1,216.00

598.00

360,680.00

71,766.65

178,925.21

HPU Luis Carlos Barreto (Estreito)

SP/MG

jan/69

dec/42

1,050.00

495.00

491,199.00

169,333.96

301,794.62

HPU Porto Colômbia

MG/SP

mar/73

dec/42

320.00

185.00

306,127.00

204,114.50

186,149.29

HPU Marimbondo

SP/MG

apr/75

dec/42

1,440.00

726.00

567,597.00

384,963.84

512,856.77

HPU Funil

RJ

apr/69

dec/42

216.00

121.00

90,133.00

111,047.42

100,733.98

HPU Corumbá I

GO

apr/97

dec/42

375.00

209.00

306,875.00

523,445.45

339,876.04

Eletronuclear

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Eletrosul

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

CGTEE

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Itaipu Binacional

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a – not applicable

 

 

 

 

 

 

 

 

 

 

43

 

 
 
 

 

Marketletter 3Q15

 

VI.1.3.Energy Sold

 

VI.1.3.1 Energy Sold by enterprises not renewed by 12,783/13 Law

 

 

Company

Buyer

1Q15

2Q15

3Q15

 

R$ Million

MWh

R$ Million

MWh

R$ Million

MWh

 

Eletronorte

Sistema Eletrobras

103.80

575,677

103.10

572,770

109.76

585,846

 

Outros

1,162.61

7,942,065

1,141.74

7,810,885

1,165.45

8,090,994

Chesf

Sistema Eletrobras

-

-

-

-

-

-

 

Outros

234.60

2,095,530

256.70

2,147,781

393.51

1,666,237

 

Furnas

Sistema Eletrobras

56.84

274,029

70.84

340,354

76.92

359,769

 

Outros

943.19

4,367,723

921.36

4,129,299

957.01

4,148,829

 

Eletronuclear

Sistema Eletrobras

34.32

208,947

34.32

211,171

34.32

204,326

 

Outros

527.24

3,209,688

527.24

3,243,850

527.24

3,288,662

 

Eletrosul

Sistema Eletrobras

-

-

-

-

-

-

 

Outros

85.35

474,196

83.78

456,032

83.03

433,218

 

CGTEE

Sistema Eletrobras

170.44

938,011

171.93

922,505

175.80

916,943

 

Outros

-

-

-

-

-

-

 

Itaipu Binacional

Sistema Eletrobras

732.00

19,226,577

752.00

18,021,994

758.00

19,453,771

 

Outros

91.00

3,207,190

71.00

2,323,007

65.00

2,452,194

 

                             

 

VI.1.3.2 Energy Sold by enterprises renewed by 12,783/13 Law – O&M

 

Company

Buyer

1Q15

2Q15

3Q15

R$ Million

MWh

R$ Million

MWh

R$ Million

MWh

Eletronorte

Sistema Eletrobras

19.96

282,873

12.94

217,146

5.92

176,013

Outros

-

-

-

-

-

-

Chesf

Sistema Eletrobras

25.80

932,065

26.60

941,985

24.22

976,812

Outros

294.90

10,695,351

303.90

10,763,316

276.74

11,124,463

Furnas

Sistema Eletrobras

7.06

248,943

8.33

304,237

15.15

416,993

Outros

136.28

4,807,883

131.35

4,806,411

173.05

4,763,321

Eletronuclear

Sistema Eletrobras

n/a

n/a

n/a

n/a

n/a

n/a

Outros

n/a

n/a

n/a

n/a

n/a

n/a

Eletrosul

Sistema Eletrobras

n/a

n/a

n/a

n/a

n/a

n/a

Outros

n/a

n/a

n/a

n/a

n/a

n/a

CGTEE

Sistema Eletrobras

n/a

n/a

n/a

n/a

n/a

n/a

Outros

n/a

n/a

n/a

n/a

n/a

n/a

 

44

 

 
 
 

 

Marketletter 3Q15

 

Itaipu Binacional

Sistema Eletrobras

n/a

n/a

n/a

n/a

n/a

n/a

Outros

n/a

n/a

n/a

n/a

n/a

n/a

VI.1.3.3 CCEE Settlement (Spot and MRE)

Company

Net

R$ Milhões

MWh

1Q15

2Q15

3Q15

1Q15

2Q15

3Q15

Eletronorte

-380.75

-152.29

-171.60

2,514,303

4,960,957

-1,225,415

Chesf

148.13

115.24

14.90

361,133

343,803

-15,624

Furnas

258.07

50.27

248.17

n/d

n/d

n/d

Eletronuclear

n/a

n/a

n/a

n/a

n/a

n/a

Eletrosul

62.94

21.97

16.86

346,025

263,177

326,422

CGTEE

15.64

55.29

36.53

45,861

112,996

159,461

Itaipu Binacional

n/a

n/a

n/a

n/a

n/a

n/a

 

VI.1.4 Energy purchased for Resale(1)

 

Company

Buyer

1Q15

2Q15

3Q15

R$ Million

MWh

R$ Million

R$ Million

MWh

R$ Million

Eletronorte

Sistema Eletrobras

-

-

-

-

-

-

Outros

409.20

1,361,733

480.80

1,226,432

-105.07

826,459

Chesf

Sistema Eletrobras

-

-

-

-

-

-

Outros

81.51

516,793

72.00

425,423

86.63

495,547

Furnas

Sistema Eletrobras

-

-

-

-

-

-

Outros

163.47

871,436

186.72

982,717

131.42

840,935

Eletronuclear

Sistema Eletrobras

n/a

n/a

n/a

n/a

n/a

n/a

Outros

n/a

n/a

n/a

n/a

n/a

n/a

Eletrosul (2)

Sistema Eletrobras

-

-

-

-

-

-

Outros

58.33

309,337

47.60

285,665

59.66

349,949

CGTEE

Sistema Eletrobras

46.76

291,735

47.25

294,840

52.02

298,080

Outros

-

-

-

-

-

-

Itaipu Binacional

Sistema Eletrobras

n/a

n/a

n/a

n/a

n/a

n/a

Outros

n/a

n/a

n/a

n/a

n/a

n/a

(1)    Rectified values. Considers only companies own assets.

(2)    Includes compensation Klabin (SHU Salto Mauá). As the Concession Agreement No. 001/2007-MME-HPU Mauá, the Mauá project will reimburse Klabin S/A for the loss of generation in Hydroelectric Plant Salto Mauá.

45

 

 
 
 

 

Marketletter 3Q15

 

VI.1.5 Average Rate – R$/MWh

 

VI.1.5.1 Enterprises not renewed by 12,783/13 Law

 

Eletrobras Companies

1Q15

2Q15

3T15

Eletronorte

148.68

148.48

146.97

Chesf

111.96

119.50

236.16

Furnas

215.44

221.99

229.32

Eletronuclear

164.27

162.54

160.77

Eletrosul

179.99

183.72

191.66

CGTEE

159.82

186.37

191.73

Itaipu Binacional (1)

148.68

148.48

146.97

(1)    Amounts in US$/KW.

VI.1.5.2 Enterprises not renewed by 12,783/13 Law – O&M

 

Eletrobras Companies

1Q15

2Q15

3Q15

Eletronorte

70.55

59.59

33.63

Chesf

27.58

28.24

24.87

Furnas

28.34

27.33

36.33

Eletronuclear

n/a

n/a

n/a

Eletrosul

n/a

n/a

n/a

CGTEE

n/a

n/a

n/a

Itaipu Binacional

n/a

n/a

n/a

n/a – not applicable

46

 

 
 
 

 

Marketletter 3Q15

 

VI.1.6 Fuel Used for Electric Energy Production

Eletrobras Companies

Type

Unit

1Q15

2Q15

3Q15

Amount

R$ Million

Amount

R$ Million

Amount

R$ Million

Eletronorte

Special Diesel Oil

Litre

40,354,000

110.94

20,785,000

59.04

24,380,000

72.83

Chesf

Diesel Oil(1)

Litre

-

2.09

-

-

-

-

Gas

m3

36,440,473

68.67

34,842,391

65.65

14,743

26.66

Furnas

Special Diesel Oil

Litre

-

-

-

-

-

-

Fuel Oil B1

Ton

-

-

-

-

-

-

Diesel Oil

Litre

-

-

-

-

-

-

Gas

m3

408,708,083

143.78

407,794,636

133.80

398,014,049

140.71

Eletronuclear

Uranium

kg

53,697

88.93

43,583

72.18

55,721

71.12

Eletrosul

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

CGTEE

Coal

Ton

 

21.63

595,569

22.62

621,555

23.60

Fuel Oil

kg

5,300,840

11.02

6,949,730

11.50

11,443,084

19.47

Diesel Oil

Litre

7,900

0.02

26,200

0.06

20,400

0.05

Itaipu Binacional

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

 

 

 

47

 

 
 
 

 

Marketletter 3Q15

 

VII. Transmission Data – Assets under Integral Responsibility

 

VII.1 Transmission Lines Extension – Enterprises 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

-

-

-

3,243

-

-

5,618

959

183

10,003

Chesf

-

-

-

5,207

-

-

12,623

463

311

18,604

Furnas

2,698

1,612

-

4,005

-

6,145

1,929

2,205

165

18,759

Eletronuclear

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Eletrosul

-

-

2,717

-

-

-

4,799

1,871

56

9,443

CGTEE

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

ED Amazonas Energia

-

-

-

-

-

-

-

-

-

-

Total

2,698

1,612

2,717

12,455

-

6,145

24,969

5,497

715

56,808

 

 

VII.1.2 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

-

-

-

-

-

-

710

-

-

710

Chesf

-

-

-

-

-

-

1,129

-

-

1,129

Furnas

-

-

-

664

664

161

161

323

323

2,296

Eletronuclear

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Eletrosul

-

-

987

-

-

-

292

15

-

1,294

CGTEE

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

ED Amazonas Energia

-

-

-

-

-

-

378

14

308

701

Total

-

-

987

664

664

161

2,670

352

631

6,129

 

 

48

 

 
 
 

 

Marketletter 3Q15

 

VII.2 Transmission Losses - %  

 

Eletrobras Companies

1Q15

2Q15

3Q15

Eletronorte

0.97

1.22

1.07

Chesf

1.90

2.28

2.09

Furnas

2.31

2.11

2.25

Eletronuclear

n/a

n/a

n/a

Eletrosul

1.53

1.40

1.40

CGTEE

n/a

n/a

n/a

 

VII.3 Substation   

 

VII.3.1 Substation - Eneterprise renewed by 12,783/13 Law

 

Eletrobras Companies

SS

Transformation Capacity (MVA)

Location (State)

Beginning of Operation

End of Concession

Eletronorte

Altamira

120.30

PA

jun/98

dec/42

Cametá

23.55

PA

aug/98

dec/42

Carajás

0.30

PA

nov/06

dec/42

Guamá

454.00

PA

dec/81

dec/42

Marabá

1,063.80

PA

oct/81

dec/42

Rurópolis

300.60

PA

dec/98

dec/42

Santa Maria

500.15

PA

sep/95

dec/42

Tucuruí

969.00

PA

oct/81

dec/42

Transamazônica

60.30

PA

dec/98

dec/42

Tucuruí-Vila

58.44

PA

jun/99

dec/42

Utinga

602.00

PA

dec/81

dec/42

Vila do Conde

3,549.40

PA

dec/81

dec/42

Integradora

-

PA

jul/13

dec/42

São Luis I

401.73

MA

dec/82

dec/42

São Luis II

2,829.00

MA

dec/82

dec/42

Miranda II

500.60

MA

jun/98

dec/42

Peritoró

300.11

MA

dec/82

dec/42

Presidente Dutra

721.03

MA

dec/82

dec/42

Coelho Neto

130.00

MA

jan/00

dec/42

Imperatriz

1,842.17

MA

dec/82

dec/42

Porto Franco

366.50

MA

feb/94

dec/42

Colinas

1.50

TO

mar/99

dec/42

Miracema

362.50

TO

mar/99

dec/42

Barra do peixe

150.60

MT

nov/93

dec/42

Couto Magalhães

15.11

MT

oct/81

dec/42

Coxipó

571.20

MT

jul/87

dec/42

Jauru

600.45

MT

jun/03

dec/42

Nova Mutum

60.60

MT

sep/96

dec/42

Rondonopolis

200.90

MT

jul/83

dec/42

Sinop

356.00

MT

sep/96

dec/42

Sorriso

60.60

MT

sep/96

dec/42

Epitaciolândia

22.10

AC

mar/08

dec/42

Sena Madureira

18.75

AC

oct/08

dec/42

Rio Branco

422.95

AC

nov/12

dec/42

Ariquemes

120.30

RO

aug/94

dec/42

Ji-Paraná

380.60

RO

sep/94

dec/42

Porto Velho

525.60

RO

jul/89

dec/42

Abunã

110.60

RO

may/02

dec/42

Samuel

0.30

RO

jul/89

dec/42

Pimenta Bueno

110.60

RO

jun/08

dec/42

Vilhena

120.60

RO

oct/08

dec/42

Jaru

30.15

RO

sep/97

dec/42

Coaracy Nunes

40.08

AP

nov/75

dec/42

Portuária

20.05

AP

apr/96

dec/42

Amapá

10.08

AP

dec/01

dec/42

Tartarugalzinho

40.22

AP

jun/00

dec/42

Calçoene

10.08

AP

may/02

dec/42

Santana

120.45

AP

oct/75

dec/42

Santa Rita

80.03

AP

dec/07

dec/42

Equatorial

79.95

AP

aug/00

dec/42

Macapá II

53.43

AP

nov/96

dec/42

Boa Vista

301.65

RR

jul/01

dec/42

Chesf

SE Elev. Usina Apolonio Sales

480.00

AL

feb/77

dec/42

SE Elev. Usina Luiz Gonzaga

1,665.00

PE

may/88

dec/42

SE Elev. Usina Paulo Afonso I

202.50

BA

jan/55

dec/42

SE Elev. Usina Paulo Afonso II

495.00

BA

jan/62

dec/42

SE Elev. Usina Paulo Afonso III

960.00

BA

jan/71

dec/42

SE Elev. Usina Paulo Afonso IV

2,700.00

BA

nov/79

dec/42

SE Elev. Usina Piloto

3.00

BA

jan/53

dec/42

SE Elev. Usina Xingó

3,330.00

SE

nov/94

dec/42

SE Elev. Usina de Araras

5.00

CE

feb/60

dec/42

SE Elev. Usina B. Esperança

280.00

PI

mar/70

dec/42

SE Elev. Usina de Funil

43.20

BA

jan/59

dec/42

SE Elev. Usina de Pedra

27.00

BA

nov/78

dec/42

SE Pau Ferro

301.00

PE

aug/02

dec/42

SE Paraiso

200.00

RN

feb/04

dec/42

SE Bom Nome

388.00

PE

oct/63

dec/42

SE Irecê

229.00

BA

sep/81

dec/42

SE Milagres

1,520.00

CE

jan/64

dec/42

SE Mirueira

401.00

PE

aug/78

dec/42

SE Moxotó

20.00

BA

jan/72

dec/42

SE Mulungú

10.00

BA

may/75

dec/42

SE Sobradinho

900.00

BA

oct/79

dec/42

SE Sobral II

400.00

CE

nov/73

dec/42

SE Tacaimbó

301.00

PE

jun/85

dec/42

SE Cícero Dantas

101.00

BA

may/56

dec/42

SE Açu II

378.00

RN

nov/89

dec/42

SE Angelim

310.00

PE

jan/56

dec/42

SE Angelim II

-

PE

jan/80

dec/42

SE Bongi

490.00

PE

may/56

dec/42

SE Campina Grande II

410.00

PB

may/64

dec/42

SE Itapebi

-

BA

jan/03

dec/42

SE Funil

550.00

BA

jan/56

dec/42

SE Senhor Do Bonfim II

333.34

BA

may/81

dec/42

SE Eunápolis

400.00

BA

sep/98

dec/42

 

SE Picos

173.00

PI

jul/92

dec/42

SE Modelo Reduzido

12.50

BA

jan/67

dec/42

 

SE Mossoró II

300.00

RN

jan/77

dec/42

SE Barreiras

401.00

BA

jun/96

dec/42

SE Sto. Antonio de Jesus

201.00

BA

mar/97

dec/42

SE Icó

200.00

CE

may/97

dec/42

SE Mussuré II

401.00

PB

mar/79

dec/42

SE Paulo Afonso

-

AL

mar/74

dec/42

SE Penedo

302.00

AL

may/97

dec/42

SE Cauípe

201.00

CE

mar/01

dec/42

SE Pici II

400.00

CE

may/05

dec/42

SE Piripiri

313.67

PI

aug/73

dec/42

SE Pituaçu

402.00

BA

mar/83

dec/42

SE Santa Cruz II

100.00

RN

mar/63

dec/42

SE Banabuiú

121.00

CE

jan/64

dec/42

SE Currais Novos II

92.00

RN

nov/75

dec/42

SE Santana dos Matos II

50.00

RN

nov/75

dec/42

SE Coremas

300.00

PB

dec/90

dec/42

SE Fortaleza

405.00

CE

jan/64

dec/42

SE Joairam

451.00

PE

jul/06

dec/42

SE Juazeiro da Bahia II

302.00

BA

apr/81

dec/42

SE Matatu

380.00

BA

jan/65

dec/42

SE Natal II

401.00

RN

jan/79

dec/42

SE Itabaianinha

173.00

SE

feb/96

dec/42

SE Pirapama II

400.00

PE

feb/72

dec/42

SE Russas II

300.00

CE

nov/82

dec/42

SE Elizeu Martins

101.00

PI

jan/06

dec/42

SE Boa Esperança 230 Kv

127.00

PI

mar/70

dec/42

SE Boa Esperança 500 Kv

300.00

PI

nov/80

dec/42

SE Xingó 500 Kv

-

SE

nov/94

dec/42

SE Paulo Afonso IV

1,200.00

AL

jan/79

dec/42

SE Recife II

2,410.00

PE

jan/79

dec/42

SE S. João do Piaui

418.00

PI

nov/80

dec/42

SE Zebu

38.00

AL

nov/76

dec/42

SE Abaixadora

110.00

BA

oct/67

dec/42

SE Bom Jesus da Lapa

162.00

BA

sep/81

dec/42

SE Gov. Mangabeira

200.00

BA

mar/60

dec/42

SE Quixadá

-

CE

jul/03

dec/42

SE Jacaracanga

301.00

BA

jan/82

dec/42

SE Ribeirão

300.00

PE

oct/94

dec/42

SE Rio Largo II

301.00

AL

dec/62

dec/42

SE Messias

1,201.00

AL

nov/94

dec/42

SE Camaçari II

2,605.00

BA

jan/79

dec/42

SE Catu

300.00

BA

may/56

dec/42

SE Cotegipe

302.00

BA

jan/56

dec/42

SE Teresina

590.00

PI

apr/70

dec/42

SE Fortaleza II

1,800.00

CE

may/00

dec/42

SE Goianinha

300.00

PE

jan/61

dec/42

SE Teresina II

900.00

PI

may/00

dec/42

SE Delmiro Gouveia

401.00

CE

jun/89

dec/42

SE Maceió

400.00

AL

sep/02

dec/42

SE Itabaiana

223.00

SE

may/57

dec/42

SE Itaparica

10.00

PE

jan/83

dec/42

SE Jardim

1,601.00

SE

aug/79

dec/42

SE Sobral III

1,200.00

CE

apr/00

dec/42

SE Xingó 69 Kv

12.50

SE

jan/87

dec/42

SE Olindina

40.00

BA

apr/80

dec/42

SE Luiz Gonzaga 500kv

-

PE

may/88

dec/42

Furnas

Adrianópolis

3,289.96

RJ

nov/70

dec/42

Angra

967.07

RJ

apr/71

dec/42

Araraquara

-

SP

apr/76

dec/42

Bandeirantes

1,433.33

GO

oct/72

dec/42

Barro Alto

149.66

GO

mar/82

dec/42

Brasília Geral

300.00

DF

feb/60

dec/42

Brasília Sul

2,094.20

DF

mar/73

dec/42

Cachoeira Paulista

583.30

SP

oct/76

dec/42

Campinas

1,970.00

SP

sep/72

dec/42

Campos

1,283.33

RJ

feb/73

dec/42

Foz do Iguaçu

15,968.00

PR

dec/82

dec/42

Grajaú

2,800.00

RJ

dec/79

dec/42

Guarulhos

-

SP

sep/63

dec/42

Gurupi

-

TO

mar/99

dec/42

Ibiúna

11,600.40

SP

apr/84

dec/42

Imbariê

-

RJ

oct/68

dec/42

Iriri

-

RJ

oct/09

dec/42

Itabera

-

SP

sep/82

dec/42

Itutinga

-

MG

apr/67

dec/42

Ivaiporã

11,006.00

PR

oct/82

dec/42

Jacarepaguá

1,350.00

RJ

dec/67

dec/42

Macaé

-

RJ

nov/01

dec/42

Mogi das Cruzes

1,166.66

SP

mar/64

dec/42

Niquelândia

-

GO

oct/99

dec/42

Pirineus

-

GO

nov/06

dec/42

Poços de Caldas

1,846.66

MG

sep/63

dec/42

Resende

-

RJ

apr/09

dec/42

Rio Verde

333.33

GO

dec/75

dec/42

Rocha Leão

-

RJ

dec/72

dec/42

Samambaia

4,250.00

DF

mar/98

dec/42

São José

2,600.00

RJ

aug/91

dec/42

Tijuco Preto

17,014.70

SP

sep/82

dec/42

Viana

750.00

ES

dec/05

dec/42

Vitória

1,044.20

ES

nov/78

dec/42

Corumbá

556.00

GO

mar/97

dec/42

Funil

300.00

RJ

dec/69

dec/42

Furnas

1,399.17

MG

sep/63

dec/42

Luiz C. Barreto

1,333.32

SP

mar/69

dec/42

Marimbondo

2,393.32

MG

aug/75

dec/42

Porto Colômbia

425.00

MG

jul/73

dec/42

 

Eletronuclear

 

n/a

 

n/a

 

n/a

 

n/a

 

n/a

Eletrosul

SE - Campos Novos

2,466.00

SC

sep/82

dec/42

SE – Caxias

2,016.00

RS

dec/01

dec/42

SE – Gravataí

2,016.00

RS

sep/82

dec/42

SE - Nova Santa Rita

2,016.00

RS

aug/09

dec/42

SE – Blumenau

1,962.00

SC

apr/79

dec/42

SE – Curitiba

1,344.00

PR

oct/80

dec/42

SE – Londrina

1,344.00

PR

apr/88

dec/42

SE - Santo Ângelo

1,344.00

RS

dec/99

dec/42

SE – Biguaçu

300.00

SC

apr/08

dec/42

SE – Joinville

691.00

SC

nov/74

dec/42

SE – Areia

672.00

PR

aug/80

dec/42

SE – Xanxerê

600.00

SC

jun/83

dec/42

SE – Itajaí

450.00

SC

jan/02

dec/42

SE - Jorge Lacerda "A"

399.80

SC

jun/73

dec/42

SE – Palhoça

384.00

SC

jan/84

dec/42

SE - Canoinhas

375.00

SC

feb/88

dec/42

SE – Siderópolis

352.00

SC

apr/75

dec/42

SE - Assis (1)

336.00

SP

mar/79

dec/42

SE - Joinville Norte

300.00

SC

jun/09

dec/42

SE – Dourados

300.00

MS

nov/87

dec/42

SE - Atlântida 2

249.00

RS

may/07

dec/42

SE - Caxias 5 (1)

215.00

RS

jun/05

dec/42

SE - Passo Fundo

168.00

RS

nov/92

dec/42

SE - Tapera 2

166.00

RS

mar/05

dec/42

SE - Gravataí 3

165.00

RS

nov/07

dec/42

SE – Desterro

150.00

SC

dec/08

dec/42

SE – Anastácio

150.00

MS

aug/94

dec/42

SE – Ilhota

100.00

SC

dec/76

dec/42

SE – Farroupilha

88.00

RS

jun/73

dec/42

SE – Charqueadas

88.00

RS

jan/72

dec/42

SE – Alegrete

83.00

RS

may/71

dec/42

SE – Florianópolis

75.00

SC

dec/74

dec/42

SE – Salto Osório

33.30

PR

oct/75

dec/42

SE – Salto Santiago

15.00

PR

nov/80

dec/42

CGTEE

n/a

n/a

n/a

n/a

n/a

 (1) Transformers installed in third-part related substations.

 

49

 

 
 
 

 

Marketletter 3Q15

 

                              

 

 

VII.3.2 Substation – Enterprise not renewed in terms of 12,783/13 Law

 

Eletrobras Companies

SS

Transformation Capacity (MVA)

Location (State)

Beginning of Operation

End of Concession

Eletronorte

Ribeiro Gonçalves

350

MA

dec/11

jan/39

Balsas

100

MA

dec/11

jan/39

São Luis III

300

MA

may/10

mar/38

Miranda II (ATR1)

450

MA

nov/10

jan/39

Lucas do Rio Verde

75

MT

apr/13

jun/41

Nobres

200

MT

sep/13

dec/41

Tucuruí

300

PA

dec/14

dec/41

 

Lechuga

 

450

 

AM

 

mar/15

 

may/42

Chesf

 

SE Elev. Usina de Curemas

 

5

 

PB

 

jan/68

 

nov/24

SE Elev. Usina Term. Camaçari

400

BA

sep/78

aug/27

SE Elev. Usina de Sobradinho

1200

BA

oct/79

feb/22

SE Tauá II

202

CE

dec/07

mar/35

SE Ibicoara

410

BA

jan/11

jun/37

SE Pilões II

-

PB

oct/12

dec/42

SE Santa Rita II

300

PB

jul/12

aug/39

SE Suape III

300

PE

jul/12

jan/39

SE Coteminas

-

PB

dec/09

dec/42

SE Natal III

300

RN

aug/12

aug/39

SE Zebu II

200

AL

jul/12

aug/39

SE Brotas de Macaubas

-

BA

jul/12

dec/42

SE Brumado

-

BA

aug/10

jul/40

SE Camaçari IV

2400

BA

nov/12

jul/40

SE Sapeaçu

-

BA

may/03

jul/40

SE Suape II

1200

PE

dec/12

jan/39

SE Arapiraca III

100

AL

jun/13

oct/40

SE Extremoz II

150

RN

feb/14

nov/40

SE João Câmara

360

RN

feb/14

nov/40

SE Acaraú

200

CE

apr/14

nov/40

SE Igaporã

300

BA

jun/14

nov/40

SE Jaguarari

-

BA

jan/80

dec/42

SE Floresta II (1)

-

PE

oct/14

-

SE Tacaratu (1)

-

PE

dec/14

-

SE Quixerê (1)

-

CE

nov/14

-

SE Aquiraz II (2)

-

CE

dec/13

-

SE Pecém II (2)

-

CE

oct/13

-

SE Ceará Mirim II (2)

-

RN

sep/14

-

Furnas

 

Zona Oeste

 

900

 

RJ

 

dec/14

 

may/42

Batalha

90

MG

aug/06

aug/41

Campos

185

RJ

dec/68

jul/27

Itumbiara

5,074

MG

mar/73

feb/20

Manso

312.5

MT

nov/00

feb/35

Mascarenhas de Moraes

1,820.99

MG

dec/56

oct/23

Santa Cruz (3)

1,544

RJ

jun/67

jul/15

São Gonçalo

42

RJ

jul/77

(4)

Serra da Mesa

2,693

GO

mar/98

nov/39

 

Simplício

 

497.5

 

RJ

 

aug/06

 

aug/41

 

Eletronuclear

 

n/a

 

n/a

 

n/a

 

n/a

 

n/a

Eletrosul

 

SE – Missões

 

150

 

RS

 

nov/10

 

jan/39

SE – Biguaçu

1,344

SC

apr/08

mar/35

SE – Foz do Chapecó (5)

150

RS

dec/12

jun/41

SE – Caxias 6

330

RS

aug/12

oct/40

SE – Ijuí 2

166

RS

apr/13

oct/40

SE – Lageado Grande (5)

75

RS

nov/12

oct/40

SE – Nova Petrópolis 2

83

RS

nov/12

oct/40

Conver. frequência de Uruquaiana

109.7

RS

sep/94

jul/21

SE Biguaçu –ampliação

150

SC

oct/12

dec/42

SE Tapera 2 - ampliação

83

RS

nov/12

dec/42

SE Joinville Norte - ampliação

150

SC

sep/13

dec/42

SE Nova Santa Rita –ampliação

672

RS

dec/13

dec/42

SE Itajaí – ampliação

150

RS

dec/13

dec/42

CGTEE

n/a

n/a

n/a

n/a

n/a

(1) Substations transferred to Chesf as donations by accessants as contractual clause between ANEEL and the agents they needed to build such facilities.

(2) Substations belonging to SPEs in which Chesf has its own equipment installed in least one input line.

(3) Affected but not yet extended.

(4) Extension denied.

(5) Transformers installed in third-part related substations.

                                            

 

 

 

VIII. Distribution Data

 

VIII.1 Market data

 

Company

Extension of Distribution Lines (Km)

Number of Customers

Number of Municipalities Assisted

Substations

ED Acre

19,221

245,438

22

15

ED Alagoas

41,971

1,038,442

102

40

ED Amazonas Energia

48,158

905,359

62

55

ED Piauí

87,742

1,176,437

224

84

ED Rondônia

57,631

589,361

52

61

ED Roraima

3,549

106,433

1

3

Celg D

212,696

2,782,340

237

328

                       

VIII.2 Energy Sold – MWh

 

Company

9M15

9M14

ED Acre

690,121.35

600,293

ED Alagoas

2,492,436.00

2,467,506

ED Amazonas Energia

4,679,785.12

4,552,645

ED Piauí

2,298,437.03

2,195,584

ED Rondônia

2,182,146.87

2,202,807

ED Roraima

555,495.17

507,827

CelgD

8,872,898.65

-

Total

21,771,320.19

12,526,662

(1) Does not consider the “Own Consumption” amount nor the short term energy

 

 

 

 

VIII.2.1 Energy Sold by Consumer Class

           

Classe

1Q15

2Q15

3Q15

R$ Million

MWh

R$ Million

MWh

R$ Million

MWh

Residential

1,158.64

2,840,173.22

1,172.48

2,788,429.87

1,239.32

2,822,605.64

Industrial

446.83

1,310,093.25

453.81

1,305,064.26

489.21

1,348,264.21

Commercial, services and others activities

635.75

1,528,354.58

664.24

1,522,364.58

699.13

1,549,787.84

Rural

116.22

465,038.79

122.46

474,906.46

145.54

568,984.56

Public Utilities

160.48

433,666.85

183.14

467,960.91

196.13

480,668.10

Public Ilumination

88.96

351,525.43

96.87

356,564.22

106.11

362,003.85

Public service

87.25

252,036.41

86.02

249,001.60

92.19

260,023.67

Own Consumption

6.89

10,934.18

6.49

10,723.67

7.28

12,144.02

Captive Consumers

662.68

-

894.20

-

888.68

-

Others

-

-

44.45

-

51.49

-

Total

3,363.70

7,191,822.71

3,724.16

7,175,015.58

3,915.08

7,404,481.90

 

 

VIII.2.2 Energy purchased for resale

 

 

Company

Buyer

1Q15

2Q15

3Q15

R$ Million

MWh

R$ Million

MWh

R$ Million

MWh

ED Acre

Eletrobras System

19.68

45,846

18.65

48,043

20.26

53,057

Others

61.45

294,413

55.87

297,471

65.72

352,222

ED Alagoas

Eletrobras System

150.41

728,639

178.81

703,712

164.61

737,339

Others

100.27

485,758

119.21

469,142

109.74

491,560

ED Amazonas Energia

Eletrobras System

113.93

1,229,234

204.66

1,281,620

171.44

1,328,785

Others

191.03

2,061,053

277.33

1,736,708

222.03

1,720,858

ED Piauí

Eletrobras System

86.63

462,139

91.14

454,440

88.88

501,787

Others

103.74

553,448

109.15

544,228

106.50

600,931

ED Rondônia

Eletrobras System

-

-

-

-

-

-

Others

184.79

1,015,587

154.84

998,668

169.82

1,102,718

ED Roraima

Eletrobras System

24.55

205,200

24.22

194,365

24.38

215,663

Others

13.97

56,494

13.78

53,511

13.87

59,375

CelgD

Eletrobras System

214.27

1,464,332

227.86

1,553,983

269.10

1,689,983

Others

559.55

1,894,412

508.94

1,833,824

341.69

1,797,173

 

VIII.3 Network Expansion – number of new connections

 

Company

1Q15

2Q15

3Q15

ED Acre

3,252

3,278

-

ED Alagoas

18,665

2,939

2,293

ED Amazonas Energia

7,222

7,800

7,372

ED Piauí

12,594

11,761

15,294

ED Rondônia

3,290

5,378

7,782

ED Roraima

1,885

1,825

1,773

CelgD

22,204

28,304

16,195

 

VIII.4 Fuel used to produce electric energy

 

Eletrobras Companies

Type

Unit

1Q15

2Q15

3Q15

Amount

R$ Million

Amount

R$ Million

Amount

R$ Million

ED Acre

Diesel Oil

Liter

n/a

n/a

n/a

n/a

n/a

n/a

Natural gas

m3

n/a

n/a

n/a

n/a

n/a

n/a

ED Alagoas

Diesel Oil

Liter

n/a

n/a

n/a

n/a

n/a

n/a

Natural gas

m3

n/a

n/a

n/a

n/a

n/a

n/a

ED Amazonas Energia

Diesel Oil

Liter

72,482,200

1,014.30

65,970,718

962.20

n/d

n/d

Natural gas

m3

n/a

n/a

n/a

n/a

n/a

n/a

ED Piauí

Diesel Oil

Liter

n/a

n/a

n/a

n/a

n/a

n/a

Natural gas

m3

n/a

n/a

n/a

n/a

n/a

n/a

ED Rondônia

Diesel Oil

Liter

n/a

n/a

n/a

n/a

n/a

n/a

Natural gas

m3

n/a

n/a

n/a

n/a

n/a

n/a

ED Roraima

Diesel Oil

Liter

n/a

n/a

n/a

n/a

n/a

n/a

Natural gas

m3

n/a

n/a

n/a

n/a

n/a

n/a

Celg D

Diesel Oil

Liter

n/a

n/a

n/a

n/a

n/a

n/a

Natural gas

m3

n/a

n/a

n/a

n/a

n/a

n/a

n/d – not avaiable.

 

 

 

 

 

 

VIII.5 Quality Indicators and Operational Performance – 09 months

 

Company

DEC/ Stoppage Duration –

hours

FEC Stoppage Frequency

TMA – Average Time of Assistence –

minutes

Losses (%)

Technical

Technical

ED Acre

29.7

399.9

9.9

13.7

29.7

ED Alagoas

15.7

238.5

10.3

14.2

15.7

ED Amazonas Energia

20.2

337.6

7.8

31.6

20.2

ED Piauí

12.1

364.4

12.2

17.8

12.1

ED Rondônia

15.8

251.4

11.2

17.8

15.8

ED Roraima

24.8

107.7

7.0

4.5

24.8

CelgD

16.9

313.8

9.9

2.1

16.9

 

VIII.6 Default

 

Class

ED
Acre

ED
Alagoas

ED Amazonas
Energia

ED
Piauí

ED Rondônia

ED Roraima

Celg D

Total

Public Utilities

12.73

50.26

24.57

-

33.75

6.74

13.57

141.62

Industrial

2.77

20.05

27.56

8.82

26.42

0.08

22.60

108.30

Residential

20.86

95.06

107.11

31.62

72.19

0.75

89.54

417.14

Commercial, services and others activities

7.38

29.54

42.36

20.30

25.51

0.23

33.32

158.64

Others

26.30

39.30

37.24

144.64

25.98

16.69

32.49

322.64

Class

70.04

234.21

238.84

205.38

183.85

24.51

191.52

1,148.34

 

 

 

 

 

 

 

IX. Employees  - Effective Headcount

 

IX.1 By Department

 

Company

Administrative

Operational

Eletronorte

1,253

1,771

Chesf

1,497

3,036

Furnas

1,037

2,482

Eletronuclear

3

2,200

Eletrosul

530

785

CGTEE

126

496

Itaipu Binacional

2,390

686

ED Acre

159

101

ED Alagoas

160

909

ED Amazonas Energia

419

1,665

ED Piauí

561

653

ED Rondônia

249

466

ED Roraima

137

145

Celg D

607

1,343

Eletropar

05

-

Total

9,133

16,738

 

IX.2 Complementary Work-force

 

Eletrobras Companies

1Q15

2Q15

3Q15

Eletronorte

376

370

361

Chesf

n/a

n/a

n/a

Furnas

1,327

1,327

1,324

Eletronuclear

n/a

n/a

n/a

Eletrosul

n/a

n/a

n/a

CGTEE

444

445

449

Itaipu Binacional

n/a

n/a

n/a

ED Acre

63

63

63

ED Alagoas

1,031

1,031

1,031

ED Amazonas Energia

1,725

1,725

1,045

ED Piauí

1,683

1,912

1,806

ED Rondônia

1,055

1,193

1,138

ED Roraima

208

208

208

Celg D

4,967

4,971

4,971

Eletropar

6

6

6

Total

12,885

13,251

12,402

 

 

 

 

X. Investments Eletrobras Companies

 

X.1 Total Investment – R$ Million

 

 

Generation

1Q15

2Q15

3Q15

2015 Budget

Eletronorte

3.13

4.00

3.60

54.48

Chesf (1)

13.30

23.40

33.20

556.20

Furnas

28.79

13.08

27.49

123.70

Eletronuclear (2)

327.29

664.31

652.76

3,726.38

Eletrosul

13.89

15.90

6.49

279.81

CGTEE

10.00

3.00

5.00

172.00

Itaipu Binacional (3)

1.97

0.71

3.64

n/a

ED Amazonas Energia

7.30

45.15

0.03

300.75

 

Transmission

1Q15

2Q15

3Q15

2015 Budget

Eletronorte

35.67

49.52

85.32

1,068.74

Chesf (1)

154.10

142.83

205.71

1,298.60

Furnas

80.04

94.78

163.49

563.92

Eletrosul

19.97

34.23

71.50

163.41

ED Amazonas Energia

1.91

3.02

-

51.55

 

Distribution

1Q15

2Q15

3Q15

2015 Budget

ED Acre

9.42

8.17

11.75

117.46

ED Alagoas

20.10

27.30

25.30

193.60

ED Amazonas Energia

25.58

40.12

49.98

384.04

ED Piauí

23.54

28.76

40.16

313.61

ED Rondônia

31.52

30.33

34.99

368.40

ED Roraima

4.51

5.36

3.74

50.25

Celg D

64.32

72.57

93.39

350.68

 

 

 

 

 

 

 

 

Others

1Q15

2Q15

3Q15

2015 Budget

Eletronorte

5.41

7.14

5.10

72.10

Chesf (1)

10.50

12.44

10.90

150.60

Furnas

12.12

11.17

18.68

107.40

Eletronuclear

3.35

3.97

0.75

24.59

Eletrosul

1.96

2.94

0.83

78.69

CGTEE

-

-

-

4.00

Itaipu Binacional (2)

4.60

3.88

1.81

n/a

ED Acre

-

0.12

0.27

3.94

ED Alagoas

-

0.90

0.80

22.30

ED Amazonas Energia

2.03

2.05

9.71

40.04

ED Piauí

0.17

0.21

3.82

28.23

ED Rondônia

1.09

0.27

0.47

10.15

ED Roraima

-

0.34

0.48

6.57

(1) Budgeted amount is higher than R$ 128.5 million to the originally approved (LOA), due to the re-opening of extraordinary credit by Provisional Measure No. 666 of 12.30.2014. This supplementation was for wind farms Casa Nova I, II and III.

 (2) Amounts in US$ Milhões.

 

 

X.2 New Investments

 

X.2.1 Generation

 

X.2.1.1 Integral Responsability

 

Eletrobras companies

Unit

Location
(State)

Investment

(R$ Million)

Installesd Capacity (MW)

Assured Energy (MW)

Beginning of Operation

Beginning of Construction

End of Concession

Total

Up to 3Q15

Chesf

UEE Casa Nova I

BA

800

657.9

180

61.4

oct/16 (1)

may/12

jan/46

UEE Casa Nova II

BA

102.5

2.2

28

7.1

dec/17

dec/15

may/49

UEE Casa Nova III

BA

93.1

1.6

24

5.5

dec/17

dec/15

may/49

Furnas

PCH Anta

RJ/MG

2,296.6 (2)
Basis: dec/08

2,479.3 (2)

28

191.3 (2)

UG1 and UG2:

See (3)

mar/07

aug/41

Eletronuclear

Angra 3

RJ

17,033 (4)

7,124 (5)

1405

1214.2

may/19

jul/08

apr/59 (6)

Eletrosul

PCH Santo Cristo (7)

SC

227.47

18.98

19.5

10.5

-

-

jun/42

PCH Coxilha Rica (8)

SC

- 

10.08

18

10.1

-

-

jun/42

Complexo Eólico Coxilha Seca (Coxilha Seca 30 MW, Capão do Inglês 10 MW e Galpões 8 MW)

RS

283.16

227.05

38

18.7

nov/15

jul/14

may/49

ED Amazonas Energia

UTE Mauá 3

AM

1,054.33

44.2

379.76

589.61

Nov/17

jul/01

apr/14

(1) Oct/16: Start of 36 wind turbine operation; Oct/17: park complete operating (120 turbines).

(2) Includes Simplicio, which is already in operation.

(3) Dates under review as DE.E.032.2015 correspondence, July 1, 2015, sent to Aneel. It is worth mentioning that the contract supplier consortium was canceled. Thus, a new bidding process will be held.

(4) Only considers direct costs.

(5) Includes direct and indirect costs.

(6) There are no operating license for Angra 3. Believes it is 40 years DE 01/May/2019 to 30/April 2059 by analogy with Angra 2.

(7) In Installation License phase. Early planned operation for 22 months after issuance of the Installation License

(8) In environmental licensing discussions with the Federal Public Ministry, State Prosecutor, Iphan and Fatma.

 

 

X.2.1.2 Special Proposed Company

 

SPE

Unit

Eletrobras Companies (%)

State

Installed Capacity (MW)

Energy Assured (MW)

Beginning of Operation

Beginning of Construction

End of Concession

Investment (R$ million)

Working Schedule (%)

Partners

Total

Up to 3Q15

Norte Energia S.A.

UHE Belo Monte

Eletronorte (19,98%)
Chesf (15%)

PA

11,233.10

4,418.90

mar/16

aug/11

aug/45

Fully built: 29,375.00

23,593.81

74.3

Eletrobras Holding (15,00%)
Privados (50,02%)

Cia. Energética Sinop S.A.

UHE Sinop

Eletronorte (24,5%)
Chesf (24,5%)

MT

400

239.8

jan/18

dec/13

dec/47

1,804.81

504.00

29

EDFNT (51,00%)

ESBR Participações S.A. (1)

UHE Jirau

Chesf (20%)
Eletrosul (20%)

RO

3750

2184.6

sep/13

dec/09

aug/43

19,399.90

18,891.02

97.38

Suez Energy (40%)
Mizha Energia (20%)

U.E.E. Caiçara I S.A. (2)

UEE Caiçara I

Chesf (49%)

RN

27

13.5

jan/16

jul/14

jun/47

141.40

119.44

93

Envolver Participações (51%)

U.E.E. Caiçara II S.A. (2)

UEE Caiçara II

Chesf (49%)

RN

18

9.3

jan/16

jul/14

jul/47

94.27

79.62

93

Envolver Participações (51%)

U.E.E. Junco I S.A. (2)

UEE Junco I

Chesf (49%)

RN

24

12.1

jan/16

jul/14

jul/47

125.69

106.17

94

Envolver Participações (51%)

U.E.E. Junco II S.A (2)

UEE Junco II

Chesf (49%)

RN

24

11.1

jan/16

jul/14

jul/47

125.69

106.17

94

Envolver Participações (51%)

Baraúnas I Energética S.A.

UEE Baraúnas I

Chesf (49%)

BA

29.7

12.4

oct/15

mar/14

apr/49

104.00

31.00

41

Brennand Energia S.A. (50,9%)
Brennand Energia Eólica (0,1%)

Mussambê Energética S.A.

UEE Mussambê

Chesf (49%)

BA

29.7

11.5

oct/15

mar/14

apr/49

104.00

31.00

41

Brennand Energia S.A. (50,9%)
Brennand Energia Eólica (0,1%)

Morro Branco I Energética S.A.

UEE Morro Branco I

Chesf (49%)

BA

29.7

12.7

oct/15

mar/14

apr/49

104.00

31.00

41

Brennand Energia S.A. (50,9%)
Brennand Energia Eólica (0,1%)

Caititú 2 Energia S.A.

UEE Caititú 2

Chesf (99,96%)

BA

14

5.1

mar/16

may/15

apr/49

57.20

18.18

10

Sequóia (0,04%)

Caititú 3 Energia S.A.

UEE Caititú 3

Chesf (99,96%)

BA

14

4.7

apr/16

may/15

apr/49

57.75

18.14

10

Sequóia (0,04%)

Teiú 2 Energia S.A.

UEE Teiú 2

Chesf (99,95%)

BA

14

4.2

mar/16

may/15

apr/49

48.41

14.97

10

Sequoia (0,05%)

Arapapá Energia S.A.

UEE Arapapá

Chesf (99,9%)

BA

10

2.2

apr/16

may/15

apr/49

28.58

8.28

10

Sequóia (0,1%)

Carcará Energia S.A.

UEE Carcará

Chesf (99,96%)

BA

10

4.6

mar/16

may/15

apr/49

60.64

18.63

14

Sequóia (0,04%)

Corrupião 3 Energia S.A.

UEE Corrupião 3

Chesf (99,96%)

BA

14

4.2

mar/16

may/15

apr/49

58.39

18.24

14

Sequóia (0,04%)

Acauã Energia S.A.

UEE Acauã

Chesf (99,93%)

BA

12

3.1

mar/16

may/15

apr/49

37.40

11.49

18

Sequóia (0,00668%)

Angical 2 Energia S.A.

UEE Angical 2

Chesf (99,96%)

BA

14

5.1

mar/16

may/15

apr/49

55.87

31.11

25

Sequóia (0,04%)

Banda de Couro Energética S.A.

UEE Banda de Couro

Chesf (49%)

BA

29.7

12.9

may/18

jan/15

jul/49

104.00

3.00

0

Brennand Energia S.A. (50,9%)
Brennand Energia Eólica (0,1%)

Baraúnas II Energética S.A.

UEE Baraunas II

Chesf (49%)

BA

21.6

7.8

may/18

jan/15

jul/49

75.60

4.50

0

Brennand Energia S.A. (50,9%)
Brennand Energia Eólica (0,1%)

Coqueirinho 2 Energia S.A.

UEE Coqueirinho 2

Chesf (99,98%)

BA

20

8.5

mar/16

may/15

jun/49

100.15

67.60

35

Sequóia (0,0238%)

Papagaio Energia S.A.

UEE Papagaio

Chesf (99,96%)

BA

18

4.9

mar/16

may/15

jun/49

62.64

16.50

10

Sequóia (0,04%)

Tamanduá Mirim 2 Energia S.A.

UEE Tamanduá Mirim 2

Chesf (49%)

BA

24

8

mar/16

may/15

jun/49

103.59

29.83

10

Sequóia (51%)

Eólica Serra das Vacas I S.A.

UEE Serra das Vacas I

Chesf (49%)

PE

30

12.2

jan/16

aug/14

jun/49

124.40

100.24

39.07

PEC Energia (51%)

Eólica Serra das Vacas II S.A.

UEE Serra das Vacas II

Chesf (49%)

PE

30

9.9

jan/16

aug/14

jun/49

122.60

100.53

72.23

PEC Energia (51%)

Eólica Serra das Vacas III S.A.

UEE Serra das Vacas III

Chesf (49%)

PE

30

11

jan/16

aug/14

jun/49

122.60

86.45

39.67

PEC Energia (51%)

Eólica Serra das Vacas IV S.A.

UEE Serra das Vacas IV

Chesf (49%)

PE

30

10.5

jan/16

aug/14

jun/49

122.60

102.36

73.27

PEC Energia (51%)

V. de Santa Joana I Energia Renováveis S.A. (3)

UEE Santa Joana I

Chesf (49%)

PI

30

14.7

jan/16

jun/14

jun/49

144.23

129.96

92

Contour Global (46,0%)
SalusFip (4,9%)
Ventos de Santa Joana (0,1%)

V. de Santa Joana III Energia Renováveis S.A. (3)

UEE Santa Joana III

Chesf (49%)

PI

30

14.3

jan/16

jun/14

jun/49

121.33

109.32

92

Contour Global (46,0%)
SalusFip (4,9%)
Ventos de Santa Joana (0,1%)

V. de Santa Joana IV Energia Renováveis S.A. (3)

UEE Santa Joana IV

Chesf (49%)

PI

30

14.2

jan/16

jun/14

jun/49

139.03

125.27

92

Contour Global (46,0%)
SalusFip (4,9%)
Ventos de Santa Joana (0,1%)

V. de Santa Joana V Energia Renováveis S.A. (3)

UEE Santa Joana V

Chesf (49%)

PI

30

14.1

jan/16

jun/14

jun/49

144.83

130.50

92

Contour Global (46,0%)
SalusFip (4,9%)
Ventos de Santa Joana (0,1%)

V. de Santa Joana VII Energia Renováveis S.A. (3)

UEE Santa Joana VII

Chesf (49%)

PI

30

14.8

jan/16

jun/14

jun/49

143.83

129.60

92

Contour Global (46,0%)
SalusFip (4,9%)
Ventos de Santa Joana (0,1%)

V. de Santo Augusto IV Energia Renováveis S.A.

UEE Santo Augusto IV

Chesf (49%)

PI

30

15.7

jan/16

jun/14

jun/49

144.73

130.41

92

Contour Global (46,0%)
SalusFip (4,9%)
Ventos de Santa Joana (0,1%)

Cia. Hidrelétrica Teles Pires (4)

UHE Teles Pires

Furnas (24,72%)
Eletrosul (24,72%)

MT

1820

930.7

may/15

aug/11

jun/46

4,507.74

4,434.39

100.00

Neoenergia – 50,6% Furnas – 24,7%

Madeira Energia S.A.

UHE Santo Antônio

Furnas (39%)

MT

3,568.3 

2,424.2 

mar/12 (6)

aug/08

jun/43

20,587.00

7,362.53

92,55

Odebrecth Energia(18,6%)
Cemig (10,0%)
SAAG (12,4%)
Andrade Gutierrez (12,4%)
Fundo de Invest. e Participações Amazônia Energia (20,0%)

Empresa de Energia São Manoel S.A.

UHE São Manoel

Furnas (33,33%)

MT/PA

700

421.7

jan/18 

aug/14

apr/49

2,745.00

165.66 

8,49

EDP – Energias do Brasil S.A.(33,33%)
CWEI (33,33%)

Central Geradora Eólica Famosa I S.A.

Famosa I

Furnas (49%)

RN

22.5

11.1

oct/17 (5)

aug/15 (5)

may/47

85.8

8.30

2.5

PF Participações (51,00%)

Central Geradora Eólica Pau Brasil S.A.

Pau Brasil

Furnas (49%)

CE

15

7.7

oct/17 (5)

aug/15 (5)

mar/47

57.2

5.50

2.5

PF Participações (51,00%)

Central Geradora Eólica Rosada S.A.

Rosada

Furnas (49%)

RN

30

13.4

dec/16 (5)

aug/15 (5)

may/47

107.3

10.40

2.5

PF Participações (51,00%)

Central Geradora Eólica São Paulo S.A.

São Paulo

Furnas (49%)

CE

17.5

8.1

oct/17 (5)

aug/15 (5)

mar/47

64.4

6.20

2.5

PF Participações (51,00%)

Energia dos Ventos V

São Januário

Furnas (49%)

CE

19.2

9

sep/18 (5)

aug/15 (5)

jun/47

12.05

7.70

12

Alupar(50,99%)
Central Eólica Goiabeira (0,01%)

Energia dos Ventos VI

Nossa Senhora de Fátima

Furnas (49%)

CE

28.8

12.8

nov/18 (5)

aug/15 (5)

aug/47

18.08

10.50

12

Alupar(50,99%)
Central Eólica Goiabeira (0,01%)

Energia dos Ventos VII

Jandaia

Furnas (49%)

CE

28.8

14.1

dec/18 (5)

aug/15 (5)

aug/47

18.08

10.60

12

Alupar(50,99%)
Central Eólica Goiabeira (0,01%)

Energia dos Ventos VIII

São Clemente

Furnas (49%)

CE

19.2

9.3

aug/18 (5)

aug/15 (5)

jul/47

12.05

7.70

12

Alupar(50,99%)
Central Eólica Goiabeira (0,01%)

Energia dos Ventos IX

Jandaia I

Furnas (49%)

CE

19.2

9.9

jun/18 (5)

aug/15 (5)

jul/47

85.20

12.05

12

Alupar(50,99%)
Central Eólica Goiabeira (0,01%)

Bom Jesus Eólica S.A.

Bom Jesus

Furnas (49%)

CE

18

8.1

nov/16 (5)

aug/15 (5)

apr/49

78.6

7.20

5,00

Fundo de Investimento em Participações Caixa Milão (50,99%)
Central Eólica Bom Jesus Ltda. (0,01%)

Cachoeira Eólica S.A.

Cachoeira

Furnas (49%)

CE

12

5

apr/17 (5)

aug/15 (5)

apr/49

52.4

4.80

5,00

Fundo de Investimento em Participações Caixa Milão (50,99%)
Central Eólica Bom Jesus Ltda. (0,01%)

Pitimbu Eólica S.A.

Pitimbu

Furnas (49%)

CE

18

7.2

apr/17 (5)

aug/15 (5)

mar/49

78.6

7.20

5,00

Fundo de Investimento em Participações Caixa Milão (50,99%)
Central Eólica Bom Jesus Ltda. (0,01%)

São Caetano Eólica S.A.

São Caetano

Furnas (49%)

CE

25.2

11

apr/17 (5)

aug/15 (5)

apr/49

113.60

10.30

5,00

Fundo de Investimento em Participações Caixa Milão (50,99%)
Central Eólica Bom Jesus Ltda. (0,01%)

São Caetano I Eólica S.A.

São Caetano I

Furnas (49%)

CE

18

7.7

apr/17 (5)

aug/15 (5)

apr/49

78.6

7.20

5,00

Fundo de Investimento em Participações Caixa Milão (50,99%)
Central Eólica Bom Jesus Ltda. (0,01%)

São Galvão Eólica S.A.

São Galvão

Furnas (49%)

CE

22

9.5

apr/17 (5)

aug/15 (5)

mar/49

104.80

9.50

5,00

Fundo de Investimento em Participações Caixa Milão (50,99%)
Central Eólica Bom Jesus Ltda. (0,01%)

Carnaúba I Eólica S.A.

Carnaúba I

Furnas (49%)

RN

22

9.4

jul/18 (5)

aug/15 (5)

jul/49

93.30

8.40

5,00

Fundo de Investimento em Participações Caixa Milão (50,99%)
Central Eólica Bom Jesus Ltda. (0,01%)

Carnaúba II Eólica S.A.

Carnaúba II

Furnas (49%)

RN

18

7.3

jul/18 (5)

aug/15 (5)

jul/49

76.40

6.90

5,00

Fundo de Investimento em Participações Caixa Milão (50,99%)
Central Eólica Bom Jesus Ltda. (0,01%)

Carnaúba III Eólica S.A.

Carnaúba III

Furnas (49%)

RN

16

7.5

jul/18 (5)

aug/15 (5)

jul/49

67.90

6.10

5,00

Fundo de Investimento em Participações Caixa Milão (50,99%)
Central Eólica Bom Jesus Ltda. (0,01%)

Carnaúba V Eólica S.A.

Carnaúba V

Furnas (49%)

RN

24

10.1

jul/18 (5)

aug/15 (5)

jul/49

101.80

9.20

5,00

Fundo de Investimento em Participações Caixa Milão (50,99%)
Central Eólica Bom Jesus Ltda. (0,01%)

Cervantes I Eólica S.A.

Cervantes I

Furnas (49%)

RN

16

7.1

jul/18 (5)

aug/15 (5)

jul/49

67.90

6.10

5,00

Fundo de Investimento em Participações Caixa Milão (50,99%)
Central Eólica Bom Jesus Ltda. (0,01%)

Cervantes II Eólica S.A.

Cervantes II

Furnas (49%)

RN

12

5.6

jul/18 (5)

aug/15 (5)

jul/49

50.90

4.60

5,00

Fundo de Investimento em Participações Caixa Milão (50,99%)
Central Eólica Bom Jesus Ltda. (0,01%)

Punaú I Eólica S.A.

Punaú I

Furnas (49%)

RN

24

11

jul/18 (5)

aug/15 (5)

jul/49

101.80

9.20

5,00

Fundo de Investimento em Participações Caixa Milão (50,99%)
Central Eólica Bom Jesus Ltda. (0,01%)

Consórcio Arara Azul

Arara Azul

Furnas (90%)

RN

27.5

10.7

jan/18 (5)

nov/16 (5)

nov/49

98.00

-

-

Eólica Tecnologia Ltda (7,00%)
Ventos Tecnologia Elétrica Ltda (2,99%)
Central Eólica Arara Azul Ltda (0,01%)

Consórcio Bentevi

Bentevi

Furnas (90%)

RN

15

5.7

jan/18 (5)

nov/16 (5)

nov/49

55.00

-

-

Eólica Tecnologia Ltda (7,00%)
Ventos Tecnologia Elétrica Ltda (2,99%)
Central Eólica Arara Azul Ltda (0,01%)

Consórcio Ouro Verde I

Ouro Verde I

Furnas (90%)

RN

27.5

10.7

jan/18 (5)

nov/16 (5)

nov/49

98.00

-

-

Eólica Tecnologia Ltda (7,00%)
Ventos Tecnologia Elétrica Ltda (2,99%)
Central Eólica Arara Azul Ltda (0,01%)

Consórcio Ouro Verde II

Ouro Verde II

Furnas (90%)

RN

30

11.2

jan/18 (5)

nov/16 (5)

nov/49

106.00

-

-

Eólica Tecnologia Ltda (7,00%)
Ventos Tecnologia Elétrica Ltda (2,99%)
Central Eólica Arara Azul Ltda (0,01%)

Consórcio Ouro Verde III

Ouro Verde III

Furnas (90%)

RN

25

9.4

jan/18 (5)

nov/16 (5)

nov/49

89.00

-

-

Eólica Tecnologia Ltda (7,00%)
Ventos Tecnologia Elétrica Ltda (2,99%)
Central Eólica Arara Azul Ltda (0,01%)

Consórcio Santa Rosa

Santa Rosa

Furnas (90%)

CE

20

8.4

nov/17 (5)

aug/16 (5)

oct/49

79.00

-

-

Eólica Tecnologia Ltda (7,00%)
Ventos Tecnologia Elétrica Ltda (2,99%)
Central Eólica Arara Azul Ltda (0,01%)

Consórcio Uirapuru

Uirapuru

Furnas (90%)

CE

28

12.6

jan/18 (5)

aug/16 (5)

oct/49

107.00

-

-

Eólica Tecnologia Ltda (7,00%)
Ventos Tecnologia Elétrica Ltda (2,99%)
Central Eólica Arara Azul Ltda (0,01%)

Consórcio Ventos do Angelim

Ventos de Angelim

Furnas (90%)

CE

24

10.3

jan/18 (5)

aug/16 (5)

nov/49

91.00

-

-

Eólica Tecnologia Ltda (7,00%)
Ventos Tecnologia Elétrica Ltda (2,99%)
Central Eólica Arara Azul Ltda (0,01%)

Consórcio Serra do Mel

Serra do Mel I

Furnas (90%)

RN

28

13

jan/18 (5)

may/17 (5)

oct/49

135.30

-

-

Eólica Tecnologia Ltda (9,99%)
Gestamp Eólica Brasil Ltda (0,01%)

Consórcio Serra do Mel

Serra do Mel II

Furnas (90%)

RN

28

12.8

jan/18 (5)

may/17 (5)

oct/49

135.30

-

-

Eólica Tecnologia Ltda (9,99%)
Gestamp Eólica Brasil Ltda (0,01%)

Consórcio Serra do Mel

Serra do Mel III

Furnas (90%)

RN

28

12.5

jan/18 (5)

may/17 (5)

nov/49

135.30

-

-

Eólica Tecnologia Ltda (9,99%)
Gestamp Eólica Brasil Ltda (0,01%)

Geradora Eólica Itaguaçu da Bahia SPE S.A.

Itaguaçu da Bahia

Furnas (49%)

BA

28

14

may/18 (5)

mar/17 (5)

sep/49

144.90

1.60

1.8

Salus Fundo de Investimento em Participações (49,00%)
Casa dos Ventos Energias Renováveis S.A. (2,00%)

Geradora Eólica Ventos de Santa Luiza SPE S.A.

Ventos de Santa Luiza

Furnas (49%)

BA

28

14.2

may/18 (5)

apr/17 (5)

sep/49

144.90

1.60

1.8

Salus Fundo de Investimento em Participações (49,00%)
Casa dos Ventos Energias Renováveis S.A. (2,00%)

Geradora Eólica Ventos de Santa Madalena SPE S.A.

Ventos de Santa Madalena

Furnas (49%)

BA

28

14.7

may/18 (5)

mar/17 (5)

sep/49

144.90

1.60

1.8

Salus Fundo de Investimento em Participações (49,00%)
Casa dos Ventos Energias Renováveis S.A. (2,00%)

Geradora Eólica Ventos de Santa Marcella SPE S.A.

Ventos de Santa Marcella

Furnas (49%)

BA

28

13.6

sep/18 (5)

mar/17 (5)

sep/49

144.90

1.60

1.8

Salus Fundo de Investimento em Participações (49,00%)
Casa dos Ventos Energias Renováveis S.A. (2,00%)

Geradora Eólica Ventos de Santa Vera SPE S.A.

Ventos de Santa Vera

Furnas (49%)

BA

28

15.2

jun/18 (5)

mar/17 (5)

sep/49

144.90

1.60

1.8

Salus Fundo de Investimento em Participações (49,00%)
Casa dos Ventos Energias Renováveis S.A. (2,00%)

Geradora Eólica Ventos de Santo Antônio SPE S.A.

Ventos de Santo Antônio

Furnas (49%)

BA

28

16.1

may/18 (5)

mar/17 (5)

sep/49

144.90

1.60

1.8

Salus Fundo de Investimento em Participações (49,00%)
Casa dos Ventos Energias Renováveis S.A. (2,00%)

Geradora Eólica Ventos de São Bento SPE S.A.

Ventos de São Bento

Furnas (49%)

BA

28

14.4

may/18 (5)

mar/17 (5)

sep/49

144.90

1.60

1.8

Salus Fundo de Investimento em Participações (49,00%)
Casa dos Ventos Energias Renováveis S.A. (2,00%)

Geradora Eólica Ventos de São Cirilo SPE S.A.

Ventos de São Cirilo

Furnas (49%)

BA

28

14.7

may/18 (5)

mar/17 (5)

sep/49

144.90

1.60

1.8

Salus Fundo de Investimento em Participações (49,00%)
Casa dos Ventos Energias Renováveis S.A. (2,00%)

Geradora Eólica Ventos de São João SPE S.A.

Ventos de São João

Furnas (49%)

BA

28

15

may/18 (5)

mar/17 (5)

sep/49

144.90

1.60

1.8

Salus Fundo de Investimento em Participações (49,00%)
Casa dos Ventos Energias Renováveis S.A. (2,00%)

Geradora Eólica Ventos de São Rafael SPE S.A.

Ventos de São Rafael

Furnas (49%)

BA

28

13.8

jul/18

mar/17

sep/49

144.90

1.60

1.8

Salus Fundo de Investimento em Participações (49,00%)
Casa dos Ventos Energias Renováveis S.A. (2,00%)

Livramento Holding S.A. (6)

Parques eólicos de Cerro Chato IV, V, VI, Ibirapuitã e Trindade

Eletrosul (52,53%)

RS

79.2

29

nov/13

jan/12

mar/47

437.64

415.45

(7)

Rio Bravo Investimentos (41%)
Fundação Elos (6,47%)

Hermenegildo I

Parques eólicos Verace 24 a 27

Eletrosul (99,99%)

RS

57.28

27.4

nov/15

aug/14

jun/49

342.56

310.02

97.2

Renobrax (0,01%)

Hermenegildo II

Parques eólicos Verace 28 a 31

Eletrosul (99,99%)

RS

57.28

26.6

nov/15

aug/14

jun/49

343.95

280.58

94.9

Renobrax (0,01%)

Hermenegildo III

Parques eólicos Verace 34 a 36

Eletrosul (99,99%)

RS

48.33

22.2

nov/15

aug/14

jun/49

288.55

224.50

74.3

Renobrax (0,01%)

Chuí IX

Parque eólico Chuí 9

Eletrosul (99,99%)

RS

17.9

7.8

nov/15

aug/14

may/49

98.07

88.14

98.8

Renobrax (0,01%)

(1) Operating with 2,550 MW.

(2) The shares of the SPEs were merged into the company Vamcruz participações S/A.

(3) The shares of the SPEs were merged into Chapada company of Piaui I Holding S/A.

(4) Of the five generating units of this HPP, four are able to operate. However, pending completion of the transmission line works that will drain your energy for that begins commercial operation.

(5) Some enterprises might suffer postpone in its beginning of construction date due to problems ocurred with the aerogenerators supplier.

(6) Installed capacity of 43.2 MW

(7) The Ibirapuitã park is 100% ready to power up, just waiting to change the technical characteristics of the machine to follow up on discussions with ANEEL. The other parks are still awaiting resolution of the question of the collapse of the towers.

 

 

 

X.2.2 Transmission

 

X.2.2.1 Integral Responsability

 

X.2.2.1.1 Transmission Line

 

 

Eletrobras Companies

From - To

Total Investiment (R$ Million)

Lines Extension (km)

Tension (kV)

Beginning of Operation

End of Concession

Eletronorte

Jorge Teixeira – Lechuga (AM) LT H

50.07

30

230

feb/14

jul/40

Jorge Teixeira – Lechuga (AM) SE Lechuga

74.62

30

230

mar/15

may/42

Chesf

Eunápolis-Teixeira Freitas II C1

30.09

145

230

dec/16

oct/38

Funil-Itapebi C3

41.07

223

230

oct/16

apr/37

Eunápolis-Teixeira Freitas II C2

44.15

152

230

dec/16

aug/39

Pau Ferro-Santa Rita II

34.00

85

230

mar/17

aug/39

Paraíso-Açu II

59.48

123

230

jun/16

nov/40

Açu II-Mossoró II

59.48

69

230

jun/16

nov/40

Morro do Chapéu II-Irecê

22.13

65

230

jul/16

oct/41

Paraíso-Lagoa Nova II

33.11

65

230

mar/16

oct/41

Teresina II-Teresina III

13.76

26

230

jul/16

dec/41

Recife II-Suape II C2

61.12

44

230

mar/17

dec/41

Camaçari IV-Sapeaçu

84.29

105

230

jan/17

dec/41

Sapeaçu-Sto.Antonio de Jesus C3

84.29

31

230

dec/16

dec/41

Jardim-N Sra do Socorro

13.60

1,3

230

feb/16

may/42

Messias-Maceió II

13.60

20

230

jan/16

may/42

Camaçari IV-Pirajá

47.07

45

230

jan/17

may/42

Pituaçú-Pirajá

47.07

05

230

jan/17

may/42

Mossoró II-Mossoró IV

81.74

40

230

jun/16

jun/42

Ceará Mirim II-Touros II

81.74

56.17

230

may/16

jun/42

Russas II-Banabuiu C2

81.74

110

230

nov/16

jun/42

Igaporã II – Igaporã III C1 e C2

77.50

04

230

oct/15

jun/42

Igaporã III–Pindaí II

77.50

46

230

oct/15

jun/42

Furnas

LT Bom Despacho 3 – Ouro Preto 2 (1)

120.1
(Basis: Dec/08)

180

500

(2)

jan/39

LT Mascarenhas – Linhares e SE Linhares (3)

67.2
(Basis: Dec/08)

99

230

jan/16

jul/40

LT Xavantes – Pirineus

31.18
(Basis: Sep/11)

50

230

oct/16

dec/41

Eletrosul

Secc. LT Jorge Lacerda A – Palhoça, na SE Garopaba

7.61

5.4

138

dec/15

dec/42

Secc. LT JLA – PAL, na SE Palhoça – Pinheira

6.33

3.7

138

feb/16

dec/42

Secc. LT Araquari Hyosung – Joinville GM, na SE Joinville SC

3.55

1

138

oct/15

dec/42

Sec. Porto Primavera - Ivinhema, na SE IVINHEMA 2, circuito duplo

3.75

3.5

138

jan/16

jan/44

Seccionamento PORTO PRIMAVERA - IVINHEMA, na SE NOVA ANDRADINA (Enersul)

7.32

11

138

jan/16

dec/42

Interligação Elétrica Brasil – Uruguai – LT Candiota-Melo

52.7

60

525

(4)

feb/40

Interligação Elétrica Brasil – Uruguai – LT Presidente Médici-Candiota

7.87

2.8

230

(4)

feb/40

Sec. LT Blumenau - Palhoça, na SE Gaspar 2

5.29

2

230

sep/16

dec/42

LT Gravataí-Capivari do Sul

89.67

83

525

mar/18

mar/45

LT Viamão 3-Capivari do Sul

47.11

65

230

mar/18

mar/45

LT Guaíba 3-Capivari do Sul

204.09

178

525

mar/18

mar/45

LT Salto Osório 3 - Gravataí 3

46.69

66

230

mar/18

mar/45

LT Porto Alegre 8 - Porto Alegre 1

24.53

3.4

230

mar/18

mar/45

LT Porto Alegre 12 - Porto Alegre 1

24.67

4

230

mar/18

mar/45

LT Livramento 3 - Alegrete 2

65.79

125

230

mar/18

mar/45

LT Livramento 3-Cerro Chato

7.3

10

230

mar/18

mar/45

LT Livramento 3 - Santa Maria 3

126.73

247

230

mar/18

mar/45

LT Livramento 3 - Maçambará 3

105.85

205

230

mar/18

mar/45

LT Guaíba 3 – Gravataí Circuito 1

149.26

127

525

mar/18

mar/45

LT Guaíba 3-Guaíba 2 C1

15.01

19

230

mar/18

mar/45

LT Guaíba 3-Guaíba 2 C2

15.01

19

230

mar/18

mar/45

LT Guaíba 3 Candiota 2 Circuito 2

454.31

279

525

mar/18

mar/45

LT Povo Novo C2-Guaíba 3

231.73

245

525

mar/18

mar/45

LT Santa Vitória do Palmar 2-Marmeleiro 2 Circuito 2

55.33

48

525

mar/18

mar/45

LT Marmeleiro 2-Povo Novo

167.49

152

525

mar/18

mar/45

LT Guaíba 3 -Nova Santa Rita C2

58.48

40

525

mar/18

mar/45

Sec. Lagoa dos Barros-Osório 2

1.89

4

230

mar/18

mar/45

Sec. p/ Intel SE Vila Maria C1 (CEEE)

1.55

0.5

230

mar/18

mar/45

Sec. p/ Intel SE Vila Maria C2 (CEEE)

1.55

0.5

230

mar/18

mar/45

(1) Includes, in addition to the 500 kV Bom Despacho 3-Ouro Preto 2, the SEs Good Order 3 (Cemig) - C and Ouro Preto 2 (Cemig) - 3A.

(2) Is ready to go into commercial operation, only awaiting the issuance of the Operating License.

(3) Includes, in addition to the 230 kV Mascarenhas - Linhares, the SSs Mascarenhas (Escelsa) and Linhares (Escelsa).

(4) TL energized in Jul/2015 with forecast for commercial operation in Oct/15.

 

X.2.2.1.2 Substations

 

 

Eletrobras Companies

SS

Investiment
(R$ Million)

Transformation Capacity (MVA)

Location (State)

Beginning of Operation

End of Concession

Chesf

SE 230/69 kv Polo

17.18

100

BA

dec/15

oct/40

SE 230/69 kv Morro do Chapéu II

24.33

150

BA

jul/16

oct/41

SE 230/69 kv Lagoa Nova II

51.22

300

RN

mar/16

oct/41

SE 230/69 kv Ibiapina

51.22

200

CE

jun/16

oct/41

SE 230/69 kv Teresina III

29.21

400

PI

jul/16

dec/41

SE 230/69 kv N.S. Socorro

94.43

300

SE

feb/16

may/42

SE 230/69 kv Maceió II

94.43

400

AL

jan/16

may/42

SE 230/138 kv Poções II

94.43

200

BA

feb/16

may/42

SE 230/69 kv Pirajá

30.57

360

BA

jan/17

may/42

SE 230/69 kv Mirueira II

68.77

300

PE

nov/15

may/42

SE 230/69 kv Jaboatão II

68.77

300

PE

aug/16

may/42

SE 230/69 kv Touros II

46.18

150

RN

may/16

dec/42

SE 230/69 kv Mossoró IV

46.18

100

RN

jun/16

dec/42

SE 500/230 kv Igaporã III

99.44

2050

BA

oct/15

jun/42

SE 230/69 kv Pindaí II

99.44

2050

BA

oct/15

jun/42

SE 230/138 kV Teixeira de Freitas II

17.91

100

BA

dec/16

oct/38

Eletrosul

SE Garopaba –Implantação de dois módulos de EL

6.23

-

SC

dec/15

dec/42

SE Palhoça Pinheira – Implantação de dois módulos de EL

4.99

-

SC

feb/16

dec/42

SE Gaspar - Implantação de dois módulos de entrada de linha

10.52

-

SC

sep/16

dec/42

SE Joinville SC – Implantação de dois módulos de entrada de linha

5.13

-

SC

oct/15

dec/42

Subestação Ivinhema 2 (ampliação / 230/138 kV)

27.65

300

MS

jan/16

jan/44

SE Siderópolis – ampliação K – implantação de um módulo de entrada de linha em 69 KV

1.53

-

SC

dec/15

dec/42

SE Biguaçu – Ampliação “G” – 230/138/13,8 KV

14.68

150

SC

apr/16

dec/42

SE Biguaçu - Ampliação "J"

40.79

672

SC

sep/16

mar/35

SE Biguaçu - Ampliação "M" - Banco de Reatores de Barra 525 kV (3+1 reserva) x 50 MVAr e conexão 525kV

31.77

-

SC

jun/17

mar/35

SE Canoinhas - Ampliação "G"

5.91

50

SC

sep/16

dec/42

SE Desterro - Ampliação "A"

11.94

150

SC

sep/16

dec/42

SE Joinville Norte - Ampliação "E"

11.77

150

SC

sep/16

dec/42

SE Lageado Grande II - Implantação do 2º Autotransformador 230/138 kV - 75 MVA e conexões 230kV e 138kV.

12.26

75

SC

nov/16

oct/40

SE Nova Andradina (Enersul) - Implantação de dois módulos de entrada de linha 138 Kv

5.05

-

MS

jan/16

dec/42

SE Canoinhas - Ampliação "F"

7.93

150

SC

jan/18

dec/42

Reforços em SEs: Gravataí, Gravataí 2, Salto Osório, Curitiba, Areia

3.4

0

PR

dec/15

dec/42

Reforços em SEs: Farroupilha, Florianópolis, Ilhota, Palhoça, Areia

1.47

0

RS e SC

jul/05

dec/42

SE Viamão 3 EL 230

7.75

-

RS

mar/18

mar/45

SE 525/230/138 kV Capivari do Sul 525/230 (3+1)x 224 MVA e 230/138 kV 2x100 MVA

181.84

1096

RS

mar/18

mar/45

SE Gravataí EL 525

23.65

-

RS

mar/18

mar/45

SE Alegrete 2 (CCEE) EL 230 KV

8.25

-

RS

mar/18

mar/45

SE 230 kV Vila Maria – 2xATF 230/138 kV

47.65

150

RS

mar/18

mar/45

SE Gravataí 3 EL 230 OSO3

8.12

-

RS

mar/18

mar/45

SE 230 kV Osório 3

24.25

-

RS

mar/18

mar/45

SE 230 kV Porto Alegre 1 – 230/69 kV

59.76

166

RS

mar/18

mar/45

SE Porto Alegre 12 EL 230 (Jardim Botânico)

8.79

-

RS

mar/18

mar/45

SE Porto Alegre 8 EL 230

8.78

-

RS

mar/18

mar/45

SE Cerro Chato EL 230 KV

4.72

-

RS

mar/18

mar/45

SE Povo Novo 2EL 525 GUA3 MRO2

48

-

RS

mar/18

mar/45

SE 230 kV Livramento 3 - compensador síncrono (-100/+100) MVAr

120.76

-

RS

mar/18

mar/45

SE 230 kV Maçambará 3

43.35

-

RS

mar/18

mar/45

SE Santa Maria 3 EL 230 KV

9.79

-

RS

mar/18

mar/45

SE Guaíba 2 EL 230 KV

12.68

-

RS

mar/18

mar/45

SE 525/230 kV Candiota 2 – com transformação ATR e reatores de barra 525 kV (6+1 res) x 224 MVA – (3+1 res) x50 MVAr

117.91

1768

RS

mar/18

mar/45

SE 525 kV/230 kV Guaíba 3 ATR (6+1) x 224 MVA

239.92

1568

RS

mar/18

mar/45

SE Marmeleiro 2 2EL 525 SPA2 PNO

51.03

-

RS

mar/18

mar/45

SE Nova Santa Rita EL 525 GUA3

9.26

-

RS

mar/18

mar/45

SE Sta Vitória do Palmar 2EL 525 MRO2

17.59

-

RS

mar/18

mar/45

 

X.2.2.2 Special Purpose Companies

 

X.2.2.2.1 Transmission Lines

 

SPE

From - To

Eletrobras Companies (%)

Investiment

(R$ Million)

Lines Extension (km)

Tension
(kV)

Beginning of Operation

End of Concesion

Total

Up to 3Q15

Linha Verde Transmissora de Energia S.A.

Porto Velho (RO) – Samuel (RO) – Ariquemes (RO) - Ji-Paraná (RO) - Pimenta Bueno (RO) – Vilhena (RO) – Jauru (MT)

Eletronorte (49%)

885.11

763.92
(May/15)

987

230

mar/15

nov/39

Transnorte Energia S.A.

Eng. Lechuga (AM) - Equador (RR) e Equador (RR) - Boa Vista (RR), circuito duplo e SEs Equador (RR) Boa Vista (RR)

Eletronorte (49%)

1193.88

259.51

715

500

LT: Dec/16
CE: Feb/15 

jan/42

Belo Monte Transmissora de Energia S.A.

Estação Conversora CA/CC, ±800 kV, 4.000 MW, junto a SE 500 kV Xingu;
Estação Conversora CA/CC, ±800 kV, 3.850 MW, junto a SE 500 kV Estreito; e
Linha de Transmissão em Corrente Contínua de ±800 kV Xingu - Estreito.

Eletronorte (24,5%)

5049.00

156.40

2,092

±800

feb/18

jun/44

Xingu – Estreito

Furnas (24,5%)

4,802.00(2)

96.04

2,092

800

feb/18

jun/44

TDG Transmissora Delmiro Gouveia S.A.

LT São Luiz II/ São Luiz III

Chesf (49%)

410.00

378.00

156

230

jun/16

jul/40

Interligação Elétrica Garanhuns S.A.

LT Luiz Gonzaga/ Garanhuns, 500 kV
LT Garanhuns/ Campina Grande III, 500 kv
LT Garanhuns/ Pau Ferro, 500 kV
LT Garanhuns/ Angelim I, 230 kV

Chesf (49%)

614.70

582.35

224
190
239
13

500
500
500
230

oct/15

dec/41

Transenergia Goiás S.A.

Serra da Mesa – Niquelândia;
Niquelândia - Barro Alto

Furnas (49%)

130.00

6.89

100;
88

230

nov/15

nov/39

Triângulo Mineiro Transmissora S.A.

Marimbondo II - Assis

Furnas (49%)

324.84

155.93

296,5

500

dec/15

aug/43

Paranaíba Transmissora de Energia S.A.

Barreiras II - Rio das Éguas;
Rio das Éguas - Luziânia;
Luziânia - Pirapora II

Furnas (24,5%)

1061.00

477.45

244;
373;
350

500

may/16

may/43

Lago Azul Transmissora S.A.

Barro Alto - Itapaci

Furnas (49,9%)

32.63

3.59

69

230

nov/16

may/44

Mata de Santa Genebra Transmissora S.A.

Itatiba – Bateias;
Araraquara II - Itatiba;
Araraquara II - Fernão Dias

Furnas (49,9%)

1,843.80(1)

97.72

399;
207;
241

500

nov/17

may/44

Vale do São Bartolomeu Transmissora de Energia S.A.

Luziânia - Brasília Leste;
Samambaia - Brasília Sul;
Brasília Sul - Brasília Gera

Furnas (39%)

293.30

64.71

67;
14;
13,5

500

apr/16

oct/43

Energia Olímpica S.A.

Barra da Tijuca – SE Olímpica;
Gardência – SE Olímpica

Furnas (49,9%)

n/a

n/a

10,8
2,9

138

may/15

n/a

Fronteira Oeste Transmissora de Energia S.A. (2)

LT Santo Ângelo/Maçambará, em 230 Kv;
LT Pinhalzinho/Foz do Chapecó, circuito simples, C1 e C2 Seccionamento LT 138KV Alegrete 1 – Santa Maria 1

Eletrosul (51%)

112.56

17.52

205
40
02

230
230
138

Dec/16
Jul/2016
Dec/2015

jan/44

Paraíso Transmissora de Energia S.A.

LT Paraíso 2-Chapadão C2;
LT Campo Grande 2-Paraíso 2 C2;
Sec. LT Campo Grande 2 – Chapadão - Paraíso 2

Eletrosul (24,5%)

132.68

2.63

65
200
-

230

Sep/2017
Mar/2018
Sep/2017

mar/45

(1) Includes the substations.

(2) TL  Sant'Angelo-Maçambara is scheduled for Apr/16 while the TL Pinhalzinho-Foz do Chapecó is scheduled for Feb/16.

 

 

X.2.2.2.2 Substations

 

SPE

SS

Eletrobras Companies (%)

Investiment
(R$ Million)

Transformation Capacity
(MVA)

Location
(State)

Beginning of Operation

End of Concession

Total

Interligação Elétrica Garanhuns S.A.

SE – Garanhuns, 500/230 kV
SE – Pau Ferro, 500/230 kV

Chesf (49%)

141.02
107.35

500/230

PE

oct/15

dec/41

Mata de Santa Genebra Transmissora S.A.

SE Santa Bárbara D’Oeste 440 kV, Compensador Estático (-300,+300) Mvar;
SE Itatiba 500 kV, Compensador Estático;
(-300,+300) Mvar;
SE 500/440 kV Fernão Dias (9+1R)

Furnas (49,9%)

1,843.8

4000

SP

feb/17

may/44

Vale do São Bartolomeu Transmissora de Energia S.A.

SE Brasília Leste

Furnas (39%)

269.65

180

DF

jul/16

oct/43

Belo Monte Transmissora de Energia S.A.

Estação Conversora CA/CC,±800 kV, 4.000 MW, junto a SE 500 kV Xingu;
Estação Conversora CA/CC, ±800 kV, 3.850 MW, junto a SE 500 kV Estreito

Furnas (24,5%)

2162

3400;
3300

Xingu (PA);
Estreito (MG)

feb/18

jun/44

Fronteira Oeste Transmissora de Energia S.A. (1)

SE Pinhalzinho, em 230/138 kV (ATF1), SE Pinhalzinho, em 230/138 kV (ATF 2 e ATF3) e ampliações SE Maçarambá, Foz do Chapecó e Santo Angelo;
Ampliação da SE Santa Maria 3, 230/138 kV

Eletrosul (51%)

58,69
23,75

450
166

RS

jul/16
dec/15

jan/44

Paraíso Transmissora de Energia S.A.

SE Campo Grande 2 EL 230 PAR2;
SE Chapadão EL PAR2;
SE 230/138 kV Paraíso 2

Eletrosul (24,5%)

71.53

300

RS

mar/18
mar/18
sep/17

mar/45

(1) The expansion of SS Maçarambá and Snato Ângelo are planned for Dec/16.

 

 

 

 

 

XI. SPEs Data

 

XI.1 Operational Data

 

XI.1.1 Generation

 

 

XI.1.1.1 Operational Assets and Generated Energy

 

SPE

Unit

Eletrobras Companies(%)

Location (State)

Installed Capacity (MW)

Energy Assured (Average MW)

Generated Energy (MWh)

Beginning of Operation

End of Concession

1Q15

2Q15

3Q15

EAPSA - Energia Águas Da Pedra S.A.

UHE Dardanelos

Eletronorte (24,5%)
Chesf (24,5%)

MT

261.0

154.9

430,573

489,984

92,093

aug/11

jul/42

Amapari Energia S.A.

UTE Serra do Navio

Eletronorte (49%)

AP

23.3

21.0

83,04

83

-

jun/08

may/37

Brasventos Miassaba 3 Geradora de Energia S.A

Parque Eólico Miassaba 3

Eletronorte (24,5%)
Furnas (24,5%)

RN

68.5

22.8

41,945

34,326

45,923

may/14 (1)

aug/45

Brasventos Eolo Geradora de Energia S.A.

Parque Eólico Rei dos Ventos 1

Eletronorte (24,5%)
Furnas (24,5%)

RN

58.5

21.9

35,088

26,782

40,276

may/14 (1)

dec/45

Rei dos Ventos 3 Geradora de Energia S.A.

Parque Eólico Rei dos Ventos 3

Eletronorte (24,5%)
Furnas (24,5%)

RN

60.1

21.1

35,537

28,553

31,152

may/14 (1)

dec/45

ESBR Participações S.A.

UHE Jirau (2)

Chesf (20%)
Eletrosul (20%)

RO

3,750.0

2,184.6

2,850,028

3,536,010

2,501,779

sep/13

aug/43

Pedra Branca S.A.

Pedra Branca

Chesf (49%)

BA

30.0

12.2

25,942

31,895

40,731

sep/13

feb/46

São Pedro do Lago S.A.

São Pedro do Lago

Chesf (49%)

BA

30.0

13.5

22,004

28,919

37,502

mar/13

feb/46

Sete Gameleiras S.A.

Sete Gameleiras

Chesf (49%)

BA

30.0

12.6

24,106

30,629

39,215

mar/13

feb/46

V. de Santa Joana IX Energia Renováveis S.A. (3)

Santa Joana IX

Chesf (49%)

PI

29.6

14.8

-

-

11,641

mar/13

apr/49

V. de Santa Joana X Energia Renováveis S.A. (2)

Santa Joana X

Chesf (49%)

PI

29.6

15.5

-

-

36,396

aug/15

apr/49

V. de Santa Joana XI Energia Renováveis S.A. (3)

Santa Joana XI

Chesf (49%)

PI

29.6

16.0

-

-

33,492

jul/15

apr/49

V. de Santa Joana XII Energia Renováveis S.A. (3)

Santa Joana XII

Chesf (49%)

PI

28.9

17.4

-

-

26,461

jul/15

apr/49

V. de Santa Joana XIII Energia Renováveis S.A. (3)

Santa Joana XIII

Chesf (49%)

PI

29.6

16.2

-

-

33,856

jul/15

apr/49

V. de Santa Joana XV Energia Renováveis S.A. (3)

Santa Joana XV

Chesf (49%)

PI

28.9

17.3

-

-

34,179

jul/15

apr/49

V. de Santa Joana XVI Energia Renováveis S.A. (3)

Santa Joana XVI

Chesf (49%)

PI

28.9

17.8

-

-

34,948

jul/15

apr/49

Enerpeixe S.A.

UHE Peixe Angical

Furnas (40%)

TO

498.8

280.5

536,425

598,692

459,510

jun/06

nov/36

Baguari Geração de Energia S.A.

UHE Baguari

Furnas (15%)

MG

140.0

80.0

40,462

38,754

23,018

sep/09

aug/41

Retiro Baixo Energética S.A.

UHE Retiro Baixo

Furnas (49%)

MG

82.0

38.5

58,082

35,522

6,986

mar/10

aug/41

Foz de Chapecó Energia S.A.

UHE Foz de Chapecó

Furnas (40%)

RS/SC

855.0

432.0

1,526,726

850,675

1,486,005

oct/10

nov/36

Serra do Facão Energia S.A.

UHE Serra do Facão

Furnas (49,47%)

GO

212.6

182.4

102,565

79,333

136,923

jul/10

nov/36

Madeira Energia S.A.

UHE Santo Antônio (4)

Furnas (39%)

RO

3,568.3

2,424.2

2,515,719

2,634,262

3,009,966

mar/12

jun/43

Tijoá Participações e Investimentos S.A.

UHE Três Irmãos (5)

Furnas (49,9%)

SP

807.5

217.5

421,967

194,577

276,541

oct/14

oct/44

Eólica Livramento

Parques eólicos (6)

Eletrosul (52,53%)

RS

78.0

29.0

-

-

8,154

nov/13

mar/47

Santa Vitória do Palmar S.A.

Parques eólicos Geribatu I a X

Eletrosul (49%)

RS

258.0

109.0

79,350

170,078

207,160

feb/15

apr/47

Eólica –Chuí Holding S.A.

Parques eólicos Chuí I a V, e Minuano I e II

Eletrosul (49%)

RS

144

59.8

-

29,289

106,777

may/15

apr/47

 

(1) Decision obtained through a writ of mandamus requesting an injunction.

        

 

(2) The first turbine began operating in September 2013 with 75 MW of installed capacity. In the third quarter 2015 the company totaled 34 machines in operation, resulting in an installed capacity of 2,550 MW in operation.

 

(3) The participation of SPEs TPU V. de Santa Joana IX, X, XI, XII, XIII, XIV and XV were merged into the company Chapada do Piaui Holding S/A.

 

(4) 32 units in operation to the 3Q15 totaling 2,286.08MW.

        

 

(5) The granting of HPU Tres Irmãos, owned by CESP and won in November 2011, was not renewed under the terms of Law No. 12,783/13. In Auction No. 002/2014 - ANEEL, which occurred on March 28, 2014, the consortium Furnas (49.9%) and FIP Constantinople (50.1%) was crowned winner in the competition for granting of concession of UHE Three Brothers, upon the proposal of hiring power generation service at lower cost of generation Assets Management (GAG), including operating costs, maintenance, management, compensation and amortization of the hydroelectric plant, where appropriate, under what regime in art. 8 of Law No. 12,783, of January 11, 2013 for a period of thirty (30) years from the effective date of its Concession Agreement, which was signed on September 10, 2014.

 

          
                       

.                                                                                                                                            

XI.1.1.2  Energy Sold

 

SPE

Eletrobras Companies (%)

Buyer

Sale Type

1Q15

2Q15

3Q15

R$ million

MWh

R$ million

MWh

R$ million

MWh

EAPSA - Energia Águas Da Pedra S.A.

Eletronorte (24,5%)
Chesf (24,5%)

Sistema Eletrobras

A

-

-

-

-

-

-

B

-

-

-

-

-

-

Outros

A

-

-

-

-

-

-

B

56.80

331,389.00

54.91

313,752.80

56.70

312,412.37

Amapari Energia S.A.

Eletronorte (49%)

Sistema Eletrobras

A

-

-

-

-

-

-

B

-

-

-

-

-

-

Outros

A

-

-

-

-

-

-

B

-

-

-

-

-

-

Brasventos Miassaba 3 Geradora de Energia S.A

Eletronorte (24,5%)
Furnas (24,5%)

Sistema Eletrobras

A

-

-

-

-

-

-

B

8.4

41,944

6.9

34,326

9.7

45,923

Outros

A

-

-

-

-

-

-

B

-

-

-

-

-

-

Brasventos Eolo Geradora de Energia S.A.

Eletronorte (24,5%)
Furnas (24,5%)

Sistema Eletrobras

A

-

-

-

-

-

-

B

7.5

37,425

5.4

26,782

8.6

40,276

Outros

A

-

-

-

-

-

-

B

-

-

-

-

-

-

Rei dos Ventos 3 Geradora de Energia S.A.

Eletronorte (24,5%)
Furnas (24,5%)

Sistema Eletrobras

A

-

-

-

-

-

-

B

7.1

35,537

5.7

28,553

6.6

31, 152

Outros

A

-

-

-

-

-

-

B

-

-

-

-

-

-

ESBR Participações S.A.

Chesf (20%)
Eletrosul (20%)

Sistema Eletrobras

A

32.02

316,210.18

40.64

398,639.52

37.57

364,574.00

B

116.67

618,674.81

81.38

431,518.67

105.33

558,549.82

Outros

A

156.66

1,564,402.93

208.39

2,012,521.18

197.14

1,843,341.13

B

175.00

928,012.21

161.99

755,278.00

188.01

984,224.74

Pedra Branca S.A.

Chesf (49%)

Sistema Eletrobras

A

2.50

14,480.00

2.50

17,802.94

2.50

22,734.70

B

-

-

-

-

-

-

Outros

A

2.00

11,462.00

2.00

14,092.40

2.00

17,996.27

B

-

-

-

-

-

-

São Pedro do Lago S.A.

Chesf (49%)

Sistema Eletrobras

A

2.80

12,436.00

2.80

16,344.72

2.80

21,195.39

B

-

-

-

-

-

-

Outros

A

2.10

9,567.00

2.10

12,574.70

2.10

16,306.53

B

-

-

-

-

-

-

Sete Gameleiras S.A.

Chesf (49%)

Sistema Eletrobras

A

2.60

13,699.00

2.60

17,406.79

2.60

22,286.44

B

-

-

-

-

-

-

Outros

A

2.00

10,406.00

2.00

13,222.14

2.00

16,928.70

B

-

-

-

-

-

-

V. de Santa Joana IX Energia Renováveis S.A. (3)

Chesf (49%)

Sistema Eletrobras

A

-

-

-

-

-

-

B

-

-

-

-

-

-

Outros

A

-

-

-

-

3.72

29,132.40

B

-

-

-

-

-

-

V. de Santa Joana X Energia Renováveis S.A. (2)

Chesf (49%)

Sistema Eletrobras

A

-

-

-

-

-

-

B

-

-

-

-

-

-

Outros

A

-

-

-

-

3.83

39,807.20

B

-

-

-

-

-

-

V. de Santa Joana XI Energia Renováveis S.A. (3)

Chesf (49%)

Sistema Eletrobras

A

-

-

-

-

-

-

B

-

-

-

-

-

-

Outros

A

-

-

-

-

3.97

41,270.70

B

-

-

-

-

-

-

V. de Santa Joana XII Energia Renováveis S.A. (3)

Chesf (49%)

Sistema Eletrobras

A

-

-

-

-

-

-

B

-

-

-

-

-

-

Outros

A

-

-

-

-

4.31

44,783.10

B

-

-

-

-

-

-

V. de Santa Joana XIII Energia Renováveis S.A. (3)

Chesf (49%)

Sistema Eletrobras

A

-

-

-

-

-

-

B

-

-

-

-

-

-

Outros

A

-

-

-

-

3.77

39,221.80

B

-

-

-

-

-

-

 

V. de Santa Joana XV Energia Renováveis S.A. (3)

 

Chesf (49%)

Sistema Eletrobras

A

-

-

-

-

-

-

B

-

-

-

-

-

-

Outros

A

-

-

-

-

4.23

43,905.00

B

-

-

-

-

-

-

 

V. de Santa Joana XVI Energia Renováveis S.A. (3)

 

Chesf (49%)

Sistema Eletrobras

A

-

-

-

-

-

-

B

-

-

-

-

-

-

Outros

A

-

-

-

-

4.31

44,783.10

B

-

-

-

-

-

-

 

Enerpeixe S.A.

 

Furnas (40%)

Sistema Eletrobras

A

-

-

-

-

-

-

B

-

-

-

-

-

-

Outros

A

-

-

-

-

-

-

B

45.95

223,602.15

43.65

210,013.68

36.48

176,856.82

 

Baguari Geração de Energia S.A.

 

Furnas (15%)

Sistema Eletrobras

A

0.28

1,532.00

0.27

1,496.00

0.29

1,566.63

B

-

-

-

-

-

-

Outros

A

15.24

84,790.00

15.07

81,703.00

14.89

77,994.65

B

-

-

-

-

-

-

 

Retiro Baixo Energética S.A.

 

Furnas (49%)

Sistema Eletrobras

A

-

-

-

-

-

-

B

-

-

-

-

-

-

Outros

A

15.00

83,627.85

14.50

78,572.27

14.20

74,748.42

B

0.40

2,161.00

0.40

2,184.00

0.40

2,208.00

 

Foz de Chapecó Energia S.A.

 

Furnas (40%)

Sistema Eletrobras

A

-

-

-

-

-

-

B

-

-

-

-

-

-

Outros

A

112.64

587.69

109.71

557,270.06

112.01

550,335.58

B

75.93

373.25

78.27

377,395.20

79.26

381,542.40

 

Serra do Facão Energia S.A.

 

Furnas (49,47%)

 

Sistema Eletrobras

 

A

 

8.88

 

46,907.07

 

5.86

 

29,112.53

 

1.51

 

7,540.82

B

-

-

-

-

-

-

Outros

A

71.48

360,875.21

73.66

374,291.98

77.41

384,284.60

B

-

-

-

-

-

-

 

Madeira Energia S.A.

 

Furnas (39%)

Sistema Eletrobras

A

12.54

109,648.97

12.27

107,280.88

29.02

246,763.96

B

-

-

-

-

-

-

Outros

A

370.27

3,255,902.00

360.35

3,088,607.70

357.69

2,956,033.62

B

406.02

2,020,151.55

323.85

1,631,950.32

323.07

1,633,207.97

 

Tijoá Participações e Investimentos S.A.

 

Furnas (49,9%)

Sistema Eletrobras

A

n/d

n/d

n/d

n/d

n/d

n/d

B

n/d

n/d

n/d

n/d

n/d

n/d

Outros

A

n/d

n/d

n/d

n/d

n/d

n/d

B

n/d

n/d

n/d

n/d

n/d

n/d

 

Eólica Livramento

 

Eletrosul (52,53%)

Sistema Eletrobras

A

0.25

6,775.79

0.15

6,847.90

0.32

6,923.16

B

-

-

-

-

-

-

Outros

A

2.09

55,893.21

1.22

56,488.10

2.67

57,108.84

B

-

-

-

-

-

-

 

Santa Vitória do Palmar S.A.

 

Eletrosul (49%)

Sistema Eletrobras

A

1.00

8,768.12

3.11

25,738.68

3.14

26,021.52

B

-

-

-

-

-

-

Outros

A

8.26

72,327.88

25.62

212,317.32

25.90

214,261.62

B

-

-

-

-

-

-

 

Eólica –Chuí Holding S.A.

 

Eletrosul (49%)

Sistema Eletrobras

A

1.01

4,818.44

2.44

14,144.47

1.80

14,299.90

B

-

-

-

-

-

-

Outros

A

8.33

39,747.16

20.12

116,677.13

14.86

117,959.30

B

3.64

9,422.00

-

-

-

-

Total

      

1,710.37

10,218,650.46

1,651.83

10,975,245.08

1,721.80

11,080,698.83

A – Sale of electric energy in the regulated market - revenues from quotas.

B - Through contracts on the free market or bilateral contracts.

 

 

 

 

XI.1.1.3 Average Rate – R$/MWh

 

SPE

Eletrobras Companies (%)

1Q15

2Q15

3Q15

EAPSA - Energia Águas Da Pedra S.A.

Eletronorte (24,5%)
Chesf (24,5%)

171.29

175.02

180.58

Amapari Energia S.A.

Eletronorte (49%)

0.00

0.00

0.00

Brasventos Miassaba 3 Geradora de Energia S.A

Eletronorte (24,5%)
Furnas (24,5%)

199.48

199.48

211.31

Brasventos Eolo Geradora de Energia S.A.

Eletronorte (24,5%)
Furnas (24,5%)

200.40

200.40

212.28

Rei dos Ventos 3 Geradora de Energia S.A.

Eletronorte (24,5%)
Furnas (24,5%)

200.4

200.79

212.7

ESBR Participações S.A.

Chesf (20%)
Eletrosul (20%)

140.16

136.86

140.79

Pedra Branca S.A.

Chesf (49%)

171.45

171.45

171.45

São Pedro do Lago S.A.

Chesf (49%)

171.45

171.45

171.45

Sete Gameleiras S.A.

Chesf (49%)

171.45

171.45

171.45

V. de Santa Joana IX Energia Renováveis S.A. (3)

Chesf (49%)

0.00

0.00

173.72

V. de Santa Joana X Energia Renováveis S.A. (2)

Chesf (49%)

0.00

0.00

143.87

V. de Santa Joana XI Energia Renováveis S.A. (3)

Chesf (49%)

0.00

0.00

141.75

V. de Santa Joana XII Energia Renováveis S.A. (3)

Chesf (49%)

0.00

0.00

133.86

V. de Santa Joana XIII Energia Renováveis S.A. (3)

Chesf (49%)

0.00

0.00

144.60

V. de Santa Joana XV Energia Renováveis S.A. (3)

Chesf (49%)

0.00

0.00

140.64

V. de Santa Joana XVI Energia Renováveis S.A. (3)

Chesf (49%)

0.00

0.00

137.19

Enerpeixe S.A.

Furnas (40%)

388.48

216.61

206.26

Baguari Geração de Energia S.A.

Furnas (15%)

179.73

184.51

190.79

Retiro Baixo Energética S.A.

Furnas (49%)

179.35

184.31

190.11

Foz de Chapecó Energia S.A.

Furnas (40%)

196.23

201.13

205.25

Serra do Facão Energia S.A.

Furnas (49,47%)

196.87

199.41

201.40

Madeira Energia S.A.

Furnas (39%)

146.47

144.26

146.77

Tijoá Participações e Investimentos S.A.

Furnas (49,9%)

n/d

n/d

n/d

Eólica Livramento

Eletrosul (52,53%)

37.36

21.58

46.74

Santa Vitória do Palmar S.A.

Eletrosul (49%)

114.25

120.66

120.86

Eólica –Chuí Holding S.A.

Eletrosul (49%)

209.70

172.45

125.95

 

 

 

 

 

XI.1.2 Transmission

 

XI.1.2.1 Operational Asset

 

XI.1.2.1.1 Transmission Lines

                            

SPE

From - To

Eletrobras Companies (%)

Extension (km)

Tension (kV)

Beginning of Operation

End of Concession

AETE - Amazônia Eletronorte Transmissora de Energia S.A.

Coxipó-Cuiabá-Rondonópolis (MT), SE Seccionadora Cuiabá

Eletronorte (49%)

193

230

aug/05

feb/34

INTESA - Integração Transmissora de Energia S.A.

Colinas-Miracema-Gurupi-Peixe Nova-Serra da Mesa 2 (TO / GO)

Eletronorte (37%)
Chesf (12%)

695

500

may/08

apr/36

BRASNORTE Transmissora de Energia S.A.

Jauru - Juba – C2 (MT) e Maggi - Nova Mutum (MT), SE Juba e SE Maggi - 230/138 kV

Eletronorte (49,71%)

402

230

sep/09

mar/38

Transmissora Matogrossense de Energia S.A. – TME

LT Jauru / Cuiabá, em 230 kV, Mato Grosso

Eletronorte (49%)

348

500

nov/11

nov/39

Manaus Transmissora de Energia S.A.

Oriximiná - Silves - Lechuga (AM), SE Silves (ex-Itacoatiara) e SE Lechuga (ex-Cariri)

Eletronorte (30%)
Chesf (19,5%)

559

500

mar/13

oct/38

Norte Brasil Transmissora de Energia S.A.

Coletora Porto Velho (RO) - Araraquara (SPE)

Eletronorte (49%)

2411.9

600

nov/14

feb/39

Sistema de Transmissão do Nordeste S.A.

Teresina II/PI-Sobral III/CE;
Teresina II/PI-Fortaleza II/CE;
Sobral III/CE-Fortaleza II/CE

Chesf (49%)

546

500

jan/06

feb/34

Interligação Elétrica do Madeira S.A.

LT Coletora Porto Velho/ Araraquara II, CS

Chesf (24,5%)

2375

600

aug/13

feb/39

Extremoz Transmissora do Nordeste –ETN S.A.

LT Ceará Mirim/João Câmara II
LT Ceará Mirim/ Extremoz II
LT Ceará Mirim/ Campina III, 500 kV
LT Campina Grande III/Campina Grande II, 230 kV

Chesf (49%)

64
26
201
8,5

500
230
500
230

oct/14
oct/14
may/15
may/15

oct/41

Baguari Energia S.A.

UHE Baguari - SE Baguari

Furnas (15%)

0.8

230

feb/10

aug/41

Baguari Energia S.A.

SE Baguari - Mesquita – Governador Valadares

Furnas (15%)

2.5

230

apr/10

aug/41

Baguari Energia S.A.

SE Baguari – Mesquita

Furnas (15%)

69

230

apr/10

aug/41

Baguari Energia S.A.

SE Baguari - Gov. Valadares

Furnas (15%)

26

230

apr/10

aug/41

Centroeste de Minas

Furnas – Pimenta II

Furnas (49%)

62.7

345

mar/10

mar/35

Chapecoense Geração S.A.

SE Foz do Chapecó – Gurita

Furnas (40%)

72.6

230

mar/11

nov/36

Chapecoense Geração S.A.

SE Foz do Chapecó – SE Xanxerê

Furnas (40%)

77.6

230

mar/11

nov/36

Chapecoense Geração S.A.

UHE Foz do Chapecó – SE de Foz do Chapecó

Furnas (40%)

1

230

mar/11

nov/36

Enerpeixe S.A.

Peixe Angical – Peixe 2

Furnas (40%)

17

500

apr/06

nov/36

Goiás Transmissão S.A.

Rio Verde Norte – Trindade

Furnas (49%)

193

500

dec/13

jul/40

Goiás Transmissão S.A.

Trindade – Xavantes

Furnas (49%)

37

230

dec/13

jul/40

Goiás Transmissão S.A.

Trindade – Carajás

Furnas (49%)

29

230

oct/13

jul/40

MGE Transmissão S.A.

Mesquita - Viana 2

Furnas (49%)

248

500

jun/14

jul/40

MGE Transmissão S.A.

Viana 2 – Viana

Furnas (49%)

10

345

jun/14

jul/40

Interligação Elétrica do Madeira S.A.

LT Coletora Porto Velho-Araraquara II (Lote D)

Furnas (24,5%)

2375

600

aug/13

feb/39

Retiro Baixo Energética S.A.

UHE Retiro Baixo – SE Curvelo

Furnas (49%)

45

138

oct/10

aug/41

Serra do Facão Energia S.A.

UHE Serra do Facão – SE Celg de Catalão

Furnas (49,5%)

32

138

oct/10

nov/36

Transenergia Renovável S.A.

Barra dos Coqueiros – Quirinópolis

Furnas (49%)

52.3

230

apr/11

apr/39

Transenergia Renovável S.A.

Quirinópolis - UTE Quirinópolis

Furnas (49%)

34.4

138

may/11

jun/25

Transenergia Renovável S.A.

Quirinópolis - UTE Boavista

Furnas (49%)

16.7

138

may/11

jun/25

Transenergia Renovável S.A.

Chapadão – Jataí

Furnas (49%)

131.5

230

dec/12

jun/25

Transenergia Renovável S.A.

Jataí – Mineiros

Furnas (49%)

61.4

138

dec/12

jun/25

Transenergia Renovável S.A.

Jataí - UTE Jataí

Furnas (49%)

51.2

138

dec/12

jun/25

Transenergia Renovável S.A.

Jataí - UTE Água Emendada

Furnas (49%)

32.6

138

dec/12

jun/25

Transenergia Renovável S.A.

Mineiros - Morro Vermelho

Furnas (49%)

45.2

138

dec/12

jun/25

Transenergia Renovável S.A.

Morro Vermelho - UTE Morro Vermelho

Furnas (49%)

31

138

dec/12

jun/25

Transenergia Renovável S.A.

Morro Vermelho - UTE Alto Taquari

Furnas (49%)

30.2

138

jun/13

jun/25

Transenergia Renovável S.A.

Palmeiras – Edéia

Furnas (49%)

57

230

may/13

jun/25

Transenergia Renovável S.A.

Edéia - UTE Tropical Bionenergia I

Furnas (49%)

48.7

138

may/13

jun/25

Transirapé

Irapé – Araçuaí

Furnas (24,5%)

65

230

may/07

mar/35

Transleste

Montes Claros – Irapé

Furnas (24,5%)

138

345

dec/06

feb/34

Transudeste

Itutinga – Juiz de Fora

Furnas (25%)

140

345

feb/07

mar/35

Etau

Linha de transmissão (Campos Novos (SC) – Barra Grande (SC) – Lagoa Vermelha (RS) – Santa Marta (RS))

Eletrosul (27,42%)

188

230

jul/05

dec/32

Uirapuru

Linha de transmissão (Ivaiporã (PR) – Londrina (PR))

Eletrosul (75%)

120

525

jul/06

mar/35

Transmissora Sul Brasileira de Energia – TSBE

LT 525 KV Salto Santiago – Itá

Eletrosul (80%)

188

525

feb/14

may/42

Transmissora Sul Brasileira de Energia – TSBE

LT 525KV Itá – Nova Santa Rita

Eletrosul (80%)

307

525

aug/14

jan/00

Transmissora Sul Brasileira de Energia – TSBE

LT 230KV Nova Santa Rita – Camaquã

Eletrosul (80%)

121

230

dec/14

jan/00

Transmissora Sul Brasileira de Energia – TSBE

LT 230KV Camaquã – Quinta

Eletrosul (80%)

167

230

dec/14

jan/00

Costa Oeste

LT Cascavel Oeste – Umuarama, CS

Eletrosul (49%)

144.4

230

aug/14

jan/42

Transmissora Sul Litorânea de Energia - TSLE

LT Povo Novo – Marmeleiro, CS

Eletrosul (51%)

152

525

dec/14

aug/42

Transmissora Sul Litorânea de Energia - TSLE

LT Nova santa Rita – Povo Novo, CS

Eletrosul (51%)

268

525

mar/15

jan/00

Transmissora Sul Litorânea de Energia - TSLE

LT Marmeleiro – Santa Vitória do Palmar

Eletrosul (51%)

48

525

dec/14

jan/00

Marumbi Transmissora de Energia S.A.

LT 525 KV Curitia / Curitiba Leste (PR)

Eletrosul (20%)

28

525

jun/15

may/42

 

 

 

 

XI.1.2.1.2 Substations

 

SPE

Substation

Eletrobras Companies (%)

Transformation Capacity (MVA)

Beginning of Operation

End of Concession

AETE - Amazônia Eletronorte Transmissora de Energia S.A.

SE Seccionadora Cuiabá

Eletronorte (49%)

n/a

aug/05

feb/34

BRASNORTE Transmissora de Energia S.A.

SE Juba
SE Maggi - 230/138 kV

Eletronorte (49,71%)

300
100

sep/09

mar/38

Manaus Transmissora de Energia S.A.

SE Silves (ex-Itacoatiara)
SE Lechuga (ex-Cariri)

Eletronorte (30%)
Chesf (19,5%)

150
1800

mar/13

oct/38

INTESA - Integração Transmissora de Energia S.A.

SE Peixe 2
SE Serra da Mesa 2

Eletronorte (37%)

n/a

may/08

apr/36

Transmissora Matogrossense de Energia S.A. – TME

SE Jauru 500/230 kV

Eletronorte (49%)

750

nov/11

nov/39

Interligação Elétrica do Madeira S.A.

Estação Retificadora CA/CC de 500 kV para +/- 600 kV;
Estação Inversora CC/CA de +/- 600 kV para 500 kV.

Chesf (24,5%)
Furnas (24,5%)

3150
2950

may/14

feb/39

TDG – Transmissora Delmiro Gouveia S.A.

SE – Pecém II, de 500/230 kV;
SE – Aquiraz, de 230/69 kV

Chesf (49%)

3600
450

oct/13

jul/40

Extremoz Transmissora do Nordeste - ETN S.A.

SE – João Câmara II, 500/138 kV
SE – Ceará Mirim, 500/230 kV
SE – Campina Grande III, 500/230 kV

Chesf (49%)

900
900
500/230

oct/14
oct/14
may/15

oct/41

Luziânia Niquelândia Transmissora S.A.

SE Niquelândia

Furnas (49%)

40

aug/15

may/42

Energia Olímpica S.A.

SE Olímpica 138/13,8 kV

Furnas (49,9%)

120

may/15

n/a

Caldas Novas Transmissão S.A. (1)

Ampliação da SE Corfumbá

Furnas (49%)

150

jul/13

dec/42

Madeira Energia S.A.

SE da Usina de Santo Antônio

Furnas (39%)

3630

aug/07

jun/43

MGE Transmissão S.A.

Viana 2

Furnas (49%)

900

aug/14

jul/40

Retiro Baixo Energética S.A.

SE da Usina de Retiro Baixo

Furnas (49%)

100

aug/06

aug/41

Serra do Facão Energia S.A.

SE da Usina de Serra do Facão

Furnas (49,47%)

236.4

nov/01

nov/36

Transenergia Renovável S.A

Edéia
Jataí
Mineiros
Morro Vermelho
Quirinópolis

Furnas (49%)

150
225
-
-
225

feb/12
dec/12
dec/12
dec/12
apr/11

jun/25
jun/25
jun/25
jun/25
jun/25

Transenergia São Paulo S.A

Itatiba

Furnas (49%)

800

aug/12

nov/39

Etau (2)

Se Lagoa Vermelha 2 230/138KV
SE Barra Grande 230/138 KV

Eletrosul (27,42%)

150
-

jul/05

dec/32

Transmissora Sul Brasileira de Energia – TSBE

Ampliação SE 525 KV Salto Santiago;
Ampliação SE 525 kV Itá
Ampliação SE 525/230kV; Nova Santa Rita;
SE Camaquã 3 230/69Kv ;
Ampliação SE 230 kV Quinta

Eletrosul (80%)

-
-
-
166
-

feb/14
aug/14
aug/14
dec/14
dec/14

may/42

Costa Oeste (3)

Subestação Umuarama 230/138 kV – 2X150 MVA

Eletrosul (49%)

300

jul/14

jan/42

Transmissora Sul Litorânea de Energia - TSLE

SE Povo Novo525/230 kV;
SE Santa Vitória do Palmar 525/138 kV;
SE Marmeleiro 525 kV - Compensador Síncrono ±200 Mvar;
Ampliação SE Nova Santa Rita 525kV

Eletrosul (51%)

672
75
-
-

dec/14
dec/14
dec/14
mar/15

aug/42

Marumbi Transmissora de Energia S.A.

SE Curitiba Leste - 1 banco 3x224 MVA 525/230 KV

Eletrosul (20%)

672

jun/15

may/42

(1) This enterprise consists on the extension of SS Corumbá.

(2) Entrances of lines and installations inputs associated with TL Campos Novos - Santa Marta located in substations.

(3) Commercial operation by sharing with Copel (TL Caiuá

XI.2 Loans and Financing – R$ Million

 

SPE

Eletrobras Companies (%)

BNDES (a)

Other Creditors (b)

Total (a+b)

2015

2016

2017

2018

2019

2020

Após 2020

2015

2016

2017

2018

2019

2020

Após 2020

Belo Monte Transmissora de Energia S.A

Eletronorte (24,5%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

427.32

-

-

-

-

-

427.32

854.64

Furnas (24,5%)

Norte Brasil Transmissora de Energia S.A. (1)

Eletronorte (49%)

1,136.87

1,065.63

992.94

-

-

-

-

253.50

269.70

280.43

-

-

-

-

3,999.07

Manaus Transmissora de Energia S.A.

Eletronorte (30%)

15.88

31.40

31.30

31.30

31.30

31.20

188.40

32.06

24.00

25.00

26.10

27.40

28.80

350.90

875.04

Chesf (19,5%)

Linha Verde Transmissora de Energia S.A.

Eletronorte (49%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

193.69

201.43

194.78

187.64

179.84

171.76

197.42

1,326.56

Transmissora Matogrossense de Energia S.A.

Eletronorte (49%)

65.19

58.94

52.68

-

-

-

-

81.26

75.46

69.26

-

-

-

-

402.79

Brasventos Eolo Geradora de Energia S.A.

Eletronorte (24,5%)

114.88

106.57

98.27

-

-

-

-

n/a

n/a

n/a

n/a

n/a

n/a

n/a

319.72

Furnas (24,5%)

Brasventos Miassaba 3 Geradora de Energia S.A.

Eletronorte (24,5%)

115.65

107.29

98.93

-

-

-

-

n/a

n/a

n/a

n/a

n/a

n/a

n/a

321.87

Furnas (24,5%)

Rei dos Ventos 3 Geradora de Energia S.A.

Eletronorte (24,5%)

121.07

112.32

103.57

-

-

-

-

n/a

n/a

n/a

n/a

n/a

n/a

n/a

336.96

Furnas (24,5%)

Norte Energia S.A. (2)

Eletronorte (19,98%)

-

-

167.83

384.61

471.99

513.71

10,722.14

-

-

77.70

242.90

320.58

345.80

7,290.55

20,537.81

Chesf (15%)

Sistema de Transmissão Nordeste S.A.

Chesf (49%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

9.43

19.34

20.35

21.45

22.54

23.75

53.09

169.95

Integração Transmissora de Energia S.A

Chesf (12%)

15.88

30.60

30.60

30.60

30.60

25.50

-

n/a

n/a

n/a

n/a

n/a

n/a

n/a

163.78

Interligação Elétrica do Madeira

Chesf (24,5%)

132.30

122.90

122.90

122.90

122.90

122.90

950.00

25.00

-

10.50

22.20

40.80

57.30

584.00

2,436.60

Furnas (24,5%)

Interligação Elétrica Garanhuns S.A.

Chesf (49%)

7.89

31.57

31.57

31.57

31.57

31.57

179.66

n/a

n/a

n/a

n/a

n/a

n/a

n/a

345.38

Transmissora Delmiro Gouveia S.A.

Chesf (49%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

168.00

165.00

161.00

158.00

154.00

149.00

280.00

1,235.00

ESBR Participações S.A.

Chesf (20%)

70.76

283.02

283.02

283.02

283.02

283.02

4,174.88

71.38

285.51

285.51

285.51

285.51

285.51

4,211.49

11,371.14

Eletrosul (20%)

Energética Águas da Pedra S.A.

Chesf (24,5%)

8.50

34.00

33.70

33.40

33.40

33.40

202.50

n/a

n/a

n/a

n/a

n/a

n/a

n/a

378.90

Companhia Energética Sinop S.A.

Chesf (24,5%)

-

80.00

-

-

-

-

-

-

229.00

-

-

-

-

-

309.00

Vamcruz Participações S.A. (3)

Chesf (49%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

223.48

-

-

-

-

-

-

223.48

São Pedro do Lago S.A.

Chesf (49%)

2.52

5.03

5.03

5.03

5.03

5.03

44.44

n/a

n/a

n/a

n/a

n/a

n/a

n/a

72.11

Pedra Branca S.A.

Chesf (49%)

2.44

4.88

4.88

4.88

4.88

4.88

43.11

n/a

n/a

n/a

n/a

n/a

n/a

n/a

69.95

Sete Gameleiras S.A.

Chesf (49%)

2.45

4.89

4.89

4.89

4.89

4.89

43.22

n/a

n/a

n/a

n/a

n/a

n/a

n/a

70.12

Banda de Couro Energética S.A.

Chesf (49%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

7.20

-

-

-

-

-

-

7.20

Baraúnas I Energética S.A.

Chesf (49%)

-

1.63

2.17

2.17

2.17

2.17

24.39

n/a

n/a

n/a

n/a

n/a

n/a

n/a

34.70

Baraúnas II Energética S.A.

Chesf (49%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

7.40

-

-

-

-

-

-

7.40

Morro Branco I Energética S.A.

Chesf (49%)

-

1.65

2.19

2.19

2.19

2.19

24.68

n/a

n/a

n/a

n/a

n/a

n/a

n/a

35.09

Mussambê Energética S.A.

Chesf (49%)

-

1.45

1.93

1.93

1.93

1.93

21.76

n/a

n/a

n/a

n/a

n/a

n/a

n/a

30.93

Chapada do Piauí Holding (4)

Chesf (49%)

510.00

-

-

-

-

-

-

n/a

n/a

n/a

n/a

n/a

n/a

n/a

510.00

Santa Joana I

Chesf (49%)

62.43

-

-

-

-

-

-

-

25.59

-

-

-

-

-

88.02

Santa Joana III

Chesf (49%)

50.50

-

-

-

-

-

-

-

20.48

-

-

-

-

-

70.98

Santa Joana IV

Chesf (49%)

59.75

-

-

-

-

-

-

-

30.70

-

-

-

-

-

90.45

Santa Joana V

Chesf (49%)

62.43

-

-

-

-

-

-

-

20.48

-

-

-

-

-

82.91

Santa Joana VII

Chesf (49%)

62.43

-

-

-

-

-

-

-

25.59

-

-

-

-

-

88.02

Santo Augusto IV

Chesf (49%)

62.43

-

-

-

-

-

-

-

20.48

-

-

-

-

-

82.91

Eólica Serra das Vacas I S.A.

Chesf (49%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

59.56

-

-

-

-

-

-

59.56

Eólica Serra das Vacas II S.A.

Chesf (49%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

59.56

-

-

-

-

-

-

59.56

Eólica Serra das Vacas III S.A.

Chesf (49%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

59.56

-

-

-

-

-

-

59.56

Eólica Serra das Vacas IV S.A.

Chesf (49%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

59.56

-

-

-

-

-

-

59.56

Foz do Chapecó

Furnas (40%)

89.59

43.00

86.01

86.01

86.01

86.01

580.55

46.11

22.09

44.18

44.18

44.18

44.18

298.21

1,600.30

Enerpeixe

Furnas (40%)

66.69

-

-

-

-

-

-

n/a

n/a

n/a

n/a

n/a

n/a

n/a

66.69

Santo Antônio

Furnas (39%)

183.07

399.09

472.61

546.60

553.33

553.33

7,211.26

17.76

43.18

70.83

43.40

130.66

203.86

3,552.85

13,981.83

Teles Pires Participações

Furnas (24,72%)

27.97

96.82

123.70

124.68

135.45

135.45

2,065.01

25.56

51.12

51.12

51.12

51.12

51.12

587.83

3,578.05

Eletrosul (24,72%)

Centro Oeste de Minas

Furnas (49%)

1.18

2.35

2.35

2.35

2.35

2.35

5.49

n/a

n/a

n/a

n/a

n/a

n/a

n/a

18.42

Serra do Facão

Furnas (49,47%)

37.38

73.94

69.25

66.30

62.99

59.98

90.24

50.78

-

-

-

-

-

-

510.86

Retiro Baixo

Furnas (49%)

9.89

13.18

13.18

13.18

13.18

13.18

65.89

n/a

n/a

n/a

n/a

n/a

n/a

n/a

141.67

Goiás Transmissão

Furnas (49%)

3.32

9.39

9.39

9.39

9.39

9.39

72.62

0.76

-

2.00

2.00

6.00

6.00

84.00

223.66

MGE Transmissão

Furnas (49%)

2.70

8.99

8.99

8.99

8.99

8.99

54.69

n/a

n/a

n/a

n/a

n/a

n/a

n/a

102.33

Transenergia São Paulo

Furnas (49%)

1.24

4.26

4.26

4.26

4.26

4.26

27.29

n/a

n/a

n/a

n/a

n/a

n/a

n/a

49.83

Transenergia Renovável

Furnas (49%)

3.38

11.68

11.68

11.68

11.68

11.68

69.08

n/a

n/a

n/a

n/a

n/a

n/a

n/a

130.88

Triângulo Mineiro Transmissão S.A.

Furnas (49%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

-

0.07

7.23

7.23

7.23

7.23

21.68

50.66

Vale de São Bartolomeu Transmissão S.A.

Furnas (39%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

-

0.06

5.02

5.20

5.38

5.57

17.93

39.16

Mata de Santa Genebra S.A.

Furnas (49,9%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

488.49

469.00

-

-

-

-

-

957.49

Companhia Transirapé de Transmissão S.A.

Furnas (24,5%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

6.85

14.39

18.84

2.94

2.94

2.88

11.07

59.89

Companhia Transleste de Transmissão S.A.

Furnas (24,5%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

2.17

1,997.13

1,000.34

16.23

16.23

13.00

13.81

3,058.90

Companhia Transudeste de Transmissão S.A.

Furnas (25%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

6.63

13.97

18.72

-

-

-

-

39.32

São Manoel

Furnas (33,33%)

1.33

272.07

-

-

-

-

-

-

620.74

-

-

-

-

-

894.14

Paranaíba Transmissora de Energia S.A.

Furnas (24,5%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

378.49

-

-

-

-

-

-

378.49

Caldas Novas Transmissão S.A.

Furnas (49%)

0.66

1.32

1.32

1.32

1.32

1.32

7.47

n/a

n/a

n/a

n/a

n/a

n/a

n/a

14.73

Luziânia Transmissora de Energia S.A.

Furnas (49%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

33.23

-

-

-

-

-

-

33.23

Uirapuru Transmissora de Energia S.A.

Eletrosul (75%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

1.86

6.69

6.69

6.69

1.67

-

-

23.59

Transmissora Sul Litorânea de Energia S.A.

Eletrosul (51%)

9.19

36.76

36.76

36.76

36.76

36.76

300.20

15.43

-

-

-

-

-

-

508.62

Transmissora Sul Brasileira de Energia S.A.

Eletrosul (80%)

5.00

19.99

19.99

19.99

19.99

19.99

142.09

-

0.23

0.46

0.27

1.64

3.88

84.75

338.25

Santa Vitória do Palmar Holding S.A.

Eletrosul (49%)

8.26

27.37

27.37

27.37

27.37

27.37

287.39

6.57

13.74

13.74

14.75

13.74

13.74

244.43

753.22

Marumbi Transmissora de Energia S.A.

Eletrosul (20%)

4.07

7.63

7.38

7.13

6.92

6.67

13.96

n/a

n/a

n/a

n/a

n/a

n/a

n/a

53.75

Livramento Holding S.A.

Eletrosul (52,53%)

3.13

10.49

10.49

10.49

10.49

10.49

99.68

n/a

n/a

n/a

n/a

n/a

n/a

n/a

155.28

Chuí Holding S.A.

Eletrosul (49%)

-

9.29

9.29

9.29

9.29

9.29

102.15

n/a

n/a

n/a

n/a

n/a

n/a

n/a

148.57

Costa Oeste Transmissora de Energia S.A.

Eletrosul (49%)

3.08

4.83

4.66

4.49

4.32

4.13

8.20

n/a

n/a

n/a

n/a

n/a

n/a

n/a

33.70

Fronteira Oeste Transmissora de Energia (5)

Eletrosul (51%)

-

-

-

-

-

-

-

n/a

n/a

n/a

n/a

n/a

n/a

n/a

-

Chuí IX

Eletrosul (99,99%)

-

12.68

-

-

-

-

-

39.81

-

-

-

-

-

-

52.48

Hermenegildo I

Eletrosul (99,99%)

-

47.91

-

-

-

-

-

122.97

-

-

-

-

-

-

170.88

Hermenegildo II

Eletrosul (99,99%)

-

45.82

-

-

-

-

-

122.97

-

-

-

-

-

-

168.79

Hermenegildo III

Eletrosul (99,99%)

-

38.57

-

-

-

-

-

101.70

-

-

-

-

-

-

140.27

Empresa de Transmissão do Alto Uruguai S.A.

Eletrosul (27,42%)

2.05

7.92

7.92

0.66

-

-

-

0.47

-

-

-

9.95

-

-

28.97

                                                     

(1) Balance to be paid after 2017: R$ 6.00 million.

(2) Balance to be paid after 2017: R$ 6,166.94 million.

(3) The participation of SPEs TPU Caiçara I S/A, TPU Caiçara II S/A, TPU  Junco I S/A and TPU Junco II S/A were merged into the company Vamcruz Participações S/A.

(4) The participation of SPEs TPU V. de Santa Joana IX, X, XI, XII, XIII, XIV and XV were merged into the company Chapada do Piaui Holding S/A.

(5) There is no loan and financing on base-date 09/30/2015.

50

 

 
SIGNATURE
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: November 17, 2015
CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRAS
By:
/S/ Armando Casado de Araujo
 
Armando Casado de Araujo
Chief Financial and Investor Relation Officer
 
 

 

 
FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates 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.