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 September, 2015

Commission File Number 1-34129


CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS
(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____

 
 

 

 
 

Marketletter 2Q15

 

Summary

 

 

Page

  

Conference Call in Portuguese
August 17, 2015
2:00 PM (Brasília)
1:00 PM (New York)
6:00 PM (London)
Phone: 55 (11) 3137-8030
Password: 9532

Conference Call in English
August 17, 2015
2:00 PM (Brasília)
1:00 PM (New York)
6:00 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

30

VI.Generation Data – Asset under Integral Responsability

31

VII. Transmission Data – Assets under Integral Responsability

37

VIII. Distribution Data

42

IX. Employees - Effective Headcount

45

X. Investments

46

XI.SPEs Data

69

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2

 

 
 

Marketletter 2Q15

 

IV. Eletrobras Companies Information

 

 

 

IV.1 Financial Statements with Consolidation Purposes

 

Asset on 06/30/2015

Eletrobras Holding

Furnas

Chesf

Eletrosul

Eletronorte

Eletropar

Eletronuclear

CGTEE

ED

Alagoas

ED

Rondonia

ED

Piaui

ED

Acre

CELG-D

ED Roraima

Amazonas Energia

Eliminations

Total

Current

                                  

Financial Asset – Itaipu (Parent Company)

2,207,301

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,207,301

Fuel Consumption Account - CCC (Parent Company)

422,817

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

422,817

Cash and Cash Equivalent

1,104,662

9,159

388,020

504

321,111

3,164

11,058

3,931

15,234

15,445

3,415

18,504

125,921

8,659

123,626

-

2,152,413

Clients (Consumers and Resellers)

301,784

548,163

401,543

166,958

954,093

-

216,008

24,922

337,699

242,088

326,906

71,101

865,660

41,257

435,831

406,930

4,527,083

Financing and Loan - principal

4,931,280

2,774

3,250

1,433

-

-

-

-

-

-

-

-

-

-

-

2,779,468

2,159,269

Financing and Loan - Charges

503,538

-

-

-

-

-

-

-

-

-

-

-

-

-

-

84,349

419,189

Marketable Securities

2,909,825

1,483,984

798,278

151,862

1,359,141

54,796

116,684

-

25,791

31,856

468

-

-

-

78,446

-

7,011,131

Dividends to Receive (Equity Participation Remuneration)

901,802

80,139

10,504

5,521

-

552

-

-

-

-

-

-

-

-

-

764,958

233,560

Deferred Fiscal Asset (Taxes and Contributions)

253,966

32,575

30,891

20,796

198,017

3,178

18,185

7,154

9,964

11,357

29,006

6,871

6,615

9,298

29,061

-

666,934

Income Tax and Social Contribution

1,116,878

216,969

154,452

38,504

-

-

2,887

-

-

-

255

2,832

-

-

-

-

1,532,777

Derivatives

-

-

-

-

80,740

-

-

-

-

-

-

-

-

-

-

-

80,740

Reimbursement Right

-

139,167

-

-

133,179

-

-

66,301

66,896

182,037

15,623

105,162

96,680

181,805

1,963,036

-

2,949,886

Linked Deposits

-

-

10,982

3,084

-

-

-

-

-

-

-

466

-

-

12,315

-

26,847

Stored Material

619

32,947

83,865

35,559

90,574

-

66,456

25,437

6,264

31,305

12,620

2,892

33,205

1,937

206,022

-

629,702

Amounts to Receive 12,783/2013 Law

-

779,192

1,152,471

268,785

233,862

-

-

-

-

-

-

-

-

-

-

-

2,434,310

Nuclear Fuel Storage

-

-

-

-

-

-

340,319

-

-

-

-

-

-

-

-

-

340,319

Financial Asset – Annual Allowed Revenue (Transmission)

-

-

77,517

49,808

395,498

-

-

-

-

-

-

-

-

-

-

-

522,823

Financial Asset - Indemnitiable Concessions (Transmission)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financial Asset - Indemnitiable Concessions (Distribution)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financial Asset - Indemnitiable Concessions (Generation)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Regulatory Asset (Installment A – CVA)

-

-

-

-

-

-

-

-

14,089

95,192

273,657

32,327

18,764

1,125

131,268

-

566,422

Others

552,470

269,127

484,747

270,144

219,424

-

66,477

4,512

43,141

169,055

44,699

40,004

294,921

20,237

321,465

506,079

2,294,344

TOTAL CURRENT ASSET

15,206,942

3,594,196

3,596,520

1,012,958

3,985,639

61,690

838,074

132,257

519,078

778,335

706,649

280,159

1,441,766

264,318

3,301,070

4,541,784

31,177,867

NON-CURRENT ASSET

                                  

Long Term Asset

                                 

Financial Asset – Itaipu (Parent Company)

3,096,257

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,096,257

Fuel Consumption Account - CCC (Parent Company)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Clients (Consumers and Resellers)

149,853

453,283

6,406

567,634

17,977

-

-

-

206,286

26,060

222,508

22,938

43,104

3,333

79,235

-

1,798,617

Financing and Loan - principal

28,282,148

1,970

2,387

3,469

-

-

-

-

-

-

-

-

-

-

-

15,600,968

12,689,006

Marketable Securities

211,288

-

2,886

179

229

-

-

-

-

-

-

-

-

-

-

-

214,582

Deferred Fiscal Asset (Taxes and Contributions)

-

-

169,878

3,076

16,761

2,741

-

27,834

4,975

7,376

4,521

1,972

148,103

1,505

2,186,146

-

2,574,888

Income Tax and Social Contribution

1,464,148

-

-

-

923,777

-

-

-

-

-

-

-

-

-

-

-

2,387,925

Derivatives

-

-

-

-

82,877

-

-

-

-

-

-

-

-

-

-

-

82,877

Reimbursement Right

-

-

-

-

-

-

-

-

-

3,006,903

-

239,885

-

68,883

4,399,859

-

7,715,530

Linked Deposits

1,694,120

507,020

663,523

165,896

398,001

51

67,779

5,722

43,061

73,301

13,571

7,383

108,359

17,087

356,939

-

4,121,813

Amounts to Receive 12,783/2013 Law

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Nuclear Fuel Storage

-

-

-

-

-

-

614,887

-

-

-

-

-

-

-

-

-

614,887

Financial Asset – Annual Allowed Revenue (Transmission)

-

1,981,318

2,114,061

1,167,561

3,761,342

-

-

-

-

-

-

-

-

-

-

-

9,024,282

Financial Asset - Indemnitiable Concessions (Transmission)

-

4,530,060

1,476,705

513,455

1,496,310

-

-

-

-

-

-

-

-

-

-

-

8,016,530

Financial Asset - Indemnitiable Concessions (Distribution)

-

-

-

-

-

-

-

-

697,484

837,876

631,432

358,181

2,002,050

186,409

1,411,466

-

6,124,898

Financial Asset - Indemnitiable Concessions (Generation)

-

1,271,940

665,179

-

-

-

-

-

-

-

-

-

-

-

1,708,727

-

3,645,846

Advance for Equity Participation

252,134

15,577

718,720

652,100

29,498

-

-

-

-

-

-

-

-

-

-

248,134

1,419,895

Regulatory Asset (Installment A – CVA)

-

-

-

-

-

-

-

-

213,419

-

-

-

223,104

-

-

-

436,523

Equity Participation Remuneration

1,182,597

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(1,182,597)

-

Others

516,430

372,837

191,598

261,367

1,391,542

-

417,598

167,233

565

3,909

1,285

86

594,626

4,392

9,089

2,377,140

1,555,417

NON – CURRENT TOTAL ASSET

36,848,975

9,134,005

6,011,343

3,334,737

8,118,314

2,792

1,100,264

200,789

1,165,790

3,955,425

873,317

630,445

3,119,346

281,609

10,151,461

19,408,839

65,519,773

INVESTMENTS

47,773,340

5,542,549

4,274,809

2,407,486

3,258,363

115,530

-

-

169

1,806

146

-

(573)

-

12,938

42,365,254

21,021,309

FIXED ASSET

138,516

5,884,350

1,427,023

3,239,168

7,340,289

47

10,943,917

1,544,799

21,948

29,199

23,664

7,286

125,736

13,321

1,330,244

-

32,069,507

INTANGIBLE ASSET

-

107,198

56,438

217,837

102,366

32

52,455

2,046

-

42,550

10,892

11,799

19,830

7,678

529,637

-

1,160,758

NON – CURRENT ASSET TOTAL

84,760,831

20,668,102

11,769,613

9,199,228

18,819,332

118,401

12,096,636

1,747,634

1,187,907

4,028,980

908,019

649,530

3,264,339

302,608

12,024,280

61,774,093

119,771,347

ASSET TOTAL

99,967,773

24,262,298

15,366,133

10,212,186

22,804,971

180,091

12,934,710

1,879,891

1,706,985

4,807,315

1,614,668

929,689

4,706,105

566,926

15,325,350

66,315,877

150,949,215

3

 

 
 

 

Marketletter 2Q15

 

 

 

Liability on 06/30/15

Eletrobras

Furnas

Chesf

Eletrosul

Eletronorte

Eletropar

Eletronuclear

CGTEE

ED

Alagoas

ED Rondonia

ED

Piaui

ED

Acre

CELG D

ED

Roraima

Amazonas Energia

Eliminations

Total

CURRENT

                                  

National Treasure Credit (Parent Company)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Compulsory Loan (Parent Company)

61,313

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

61,313

Fuel Consumption Account - CCC (Parent Company)

163,812

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

163,812

Suppliers

359,589

404,405

346,504

326,102

944,263

1,028

360,756

158,703

272,698

1,152,693

190,451

175,088

864,287

363,300

3,647,802

(374,631)

9,193,038

Financing and Loan - principal

2,393,073

602,667

284,615

279,020

543,449

-

1,123,500

232,471

275,703

106,261

381,072

51,158

337,336

7,052

670,722

(2,646,477)

4,641,622

Financing and Loan - Charges

643,136

143,268

16,268

6,798

18,779

-

15,307

1,260

-

791

1,629

-

34,305

-

747

(16,259)

866,029

Bonds

-

-

-

269,662

14,109

-

-

-

-

-

-

-

75,436

-

-

-

359,207

Taxes and Social Contribution

31,743

254,181

84,768

59,944

60,530

33

45,984

18,693

70,776

41,338

137,419

24,550

296,564

6,859

40,609

-

1,173,991

Income Tax and Social Contribution

133,821

136,946

166,159

195

8

266

-

-

4,388

-

-

303

-

-

1,132

-

443,218

Derivatives

24,416

-

-

-

671

-

-

-

-

-

-

-

-

-

-

-

25,087

Reimbursement Obligations

636,622

-

-

-

-

-

-

-

38,723

11,625

-

-

-

-

-

-

686,970

Advance from Clients (Antecipated Sold Enegy)

448,597

-

-

-

54,832

-

-

-

-

-

-

-

-

-

-

-

503,429

Shareholders Remuneration (dividends to pay)

45,816

-

-

36,541

1,934,900

-

-

70,083

-

-

-

-

-

-

-

(2,032,718)

54,622

Estimated Obligations

108,706

165,627

201,392

88,353

223,414

79

246,371

10,474

10,602

21,650

34,782

4,517

47,687

16,958

63,200

-

1,243,812

Provision for Contingencies

307,769

-

-

-

-

-

-

37,075

-

-

-

-

-

-

-

-

344,844

Post-Employment Benefits (Complementary Pension Fund)

4,752

45,629

24,378

1,896

-

-

7,581

-

6,183

-

28,832

-

31,970

-

-

-

151,221

Leasing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

130,122

-

130,122

Onerous Contract

-

-

-

-

1,687

-

-

-

-

-

-

-

-

-

-

-

1,687

Concessions to Pay - UBP

-

884

-

2,197

-

-

-

-

-

-

-

-

-

-

-

-

3,081

Sector Charges (Regulatory Charges)

-

141,893

123,635

46,354

327,863

-

13,592

1,875

7,395

50,862

23,970

30,858

379,630

-

3,072

-

1,150,999

Regulatory Asset (Installement A – CVA)

-

-

-

-

-

-

-

-

990

25,552

20,259

4,325

-

187

117

-

51,430

Others

54,001

79,318

182,060

123,155

429,791

-

117,020

23,705

74,601

31,598

48,730

18,565

398,918

47,019

115,340

(654,296)

1,089,525

CURRENT TOTAL

5,417,166

1,974,818

1,429,779

1,240,217

4,554,296

1,406

1,930,111

554,339

762,059

1,442,370

867,144

309,364

2,466,133

441,375

4,672,863

(5,724,381)

22,339,059

NON CURRENT

                                  

National Treasure Credit (Parent Company)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Compulsory Loan (Parent Company)

459,702

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

459,702

Fuel Consumption Account - CCC (Parent Company)

487,010

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

487,010

Global Reversal Reserve (Parent Company)

6,900,246

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,900,246

Suppliers

-

-

-

-

412,715

-

-

21,284

-

1,003,845

-

229,993

878,352

128,541

7,459,666

-

10,134,396

Financing and Loan - principal

18,973,209

9,009,126

815,643

3,098,352

4,109,651

-

4,460,734

2,038,517

763,728

628,321

713,891

213,699

460,635

43,313

1,515,747

(15,656,209)

31,188,357

Bonds

-

-

-

-

204,956

-

-

-

-

-

-

-

192,696

-

-

-

397,652

Taxes and Social Contribution

-

638,339

13,572

43,378

-

-

-

-

7,228

3,751

67,429

2,906

5,298

-

-

-

781,901

Income Tax and Social Contribution

363,049

-

57,381

92,884

-

15,039

-

-

43,548

-

-

-

37,487

-

-

-

609,388

Derivatives

-

-

-

-

59,528

-

-

-

-

-

-

-

-

-

-

-

59,528

Reimbursement Obligations

-

-

-

-

-

-

-

-

-

146,231

-

130,728

-

57,209

2,301,332

-

2,635,500

Advance from Clients (Antecipated Sold Enegy)

-

-

-

-

688,437

-

-

-

-

-

-

-

-

-

-

-

688,437

Estimated Obligations

-

61,653

78,132

11,447

16,079

-

67,306

1,611

18,530

-

1,467

-

-

198

-

-

256,423

Provision for Contingencies

4,264,923

768,134

1,648,593

85,361

617,962

-

165,693

-

90,906

126,041

101,359

11,248

540,403

44,425

376,047

-

8,841,095

Provision for uncovered liabilities on invested Companies

5,195,663

-

-

114,343

-

-

-

-

-

-

-

-

-

-

-

(4,047,476)

1,262,530

Post-Employment Benefit (Complementary Pension Fund)

466,626

242,550

974,984

162,475

44,801

-

58,931

3,511

45,193

-

22,534

-

114,095

2,851

450

-

2,139,001

Leasing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,160,252

-

1,160,252

Provision for Onerous Contract

-

830,061

99,199

-

45,542

-

-

-

-

-

-

-

-

-

-

-

974,802

Concessions to Pay - UBP

-

36,410

-

25,036

-

-

-

-

-

-

-

-

-

-

-

-

61,446

Sector Charges (Regulatory Charges)

-

107,940

277,009

-

-

-

-

-

-

42,099

34,009

-

156,662

-

-

-

617,719

Asset Demobilization Obligation (Nuclear Power Plant discontinuation)

-

-

-

-

-

-

1,357,738

-

-

-

-

-

-

-

-

-

1,357,738

Advance for future capital incresae

205,112

40,823

-

66,909

-

-

-

105,580

8,307

245

16,416

12,787

-

-

-

(251,067)

205,112

Regulatory Asset (Installement A – CVA)

-

-

-

-

-

-

-

-

1,457

-

-

-

-

-

-

-

1,457

Others

802,587

1

5,891

15,445

308,995

-

112,316

-

46,723

1,327,456

499

865

31,459

19,897

489,787

(2,318,966)

842,955

NON CURRENT ASSET TOTAL

38,118,127

11,735,037

3,970,404

3,715,630

6,508,666

15,039

6,222,718

2,170,503

1,025,620

3,277,989

957,604

602,226

2,417,087

296,434

13,303,281

(22,273,718)

72,062,647

 

                                  

STOCKHOLDERS’ EQUITY

                                  

Capital social

31,305,331

6,531,154

9,753,953

4,295,250

11,576,263

118,054

6,607,258

845,510

726,447

1,325,124

1,256,331

475,789

3,475,679

684,204

4,610,171

(52,281,187)

31,305,331

Capital Reserves

26,048,342

5,123,332

4,916,199

-

-

-

-

-

-

-

-

-

-

-

-

(10,039,531)

26,048,342

Profit Reserves

2,233,017

-

-

1,074,209

332,962

215

-

2,596

-

-

-

-

-

-

-

(1,409,982)

2,233,017

Additional Dividend Purpose

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Profit/Losses accumulated

(77,347)

206,376

(3,277,000)

(237,171)

108,991

2,205

(1,773,150)

(1,661,240)

(748,329)

(1,238,168)

(1,472,566)

(457,268)

(3,819,367)

(851,581)

(7,258,712)

22,476,980

(77,347)

Other Comprehensive Income

(3,076,863)

(1,308,419)

(1,427,269)

(126,391)

(39,607)

43,171

(52,227)

(31,817)

(58,812)

-

6,155

(422)

166,574

(3,505)

(2,253)

2,834,822

(3,076,863)

Non - Controlling Shareholders Participation

-

-

67

13,842

-

-

-

-

-

-

-

-

-

-

-

101,120

115,029

 

                                  

STOCKHOLDERS’ EQUITY TOTAL

56,432,480

10,552,443

9,965,950

5,019,739

11,978,609

163,645

4,781,881

(844,951)

(80,694)

86,956

(210,080)

18,099

(177,114)

(170,882)

(2,650,794)

(38,317,778)

56,547,509

 

                                  

LIABILITIES AND STOCKHOLDERS’ EQUITY TOTAL

99,967,773

24,262,298

15,366,133

9,975,586

23,041,571

180,090

12,934,710

1,879,891

1,706,985

4,807,315

1,614,668

929,689

4,706,105

566,927

15,325,350

(66,315,877)

150,949,214

4

 

 
 

 

Marketletter 2Q15

 

 

Statement of Income on 06/30/15

Eletrobras

Furnas

Chesf

Eletrosul

Eletronorte

Eletropar

Eletronuclear

CGTEE

ED

Alagoas

ED Rondonia

ED

Piaui

ED

Acre

CELG D

ED

Roraima

Amazonas

Eliminations

Total

OPERATING REVENUE

1,618,362

3,066,296

1,823,942

767,788

2,987,803

-

971,603

174,964

658,242

571,444

621,232

180,552

2,282,418

119,687

1,835,796

(854,386)

16,825,743

Electric Energy Supply (Sell)

1,340,970

1,966,084

68,167

-

1,945,809

-

1,103,828

191,234

-

-

-

-

-

18,877

-

(511,632)

6,123,337

Electric Energy Supply (Generation)

-

7,476

449,192

181,750

601,604

-

-

-

-

-

-

-

-

-

622,671

-

1,862,693

Short Term Electric Energy

-

258,128

263,375

172,361

20,696

-

-

-

-

-

-

-

-

-

929,186

-

1,643,746

Operation Revenue and Renewed Plants Maintenance

-

283,087

625,156

-

8,512

-

-

-

-

-

-

-

-

-

-

-

916,755

Construction Revenue

-

81,651

19,009

-

-

-

-

-

-

-

-

-

-

-

52,960

-

153,620

Financial – Return on Investment G

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financial Effect ITAIPU (Parent Company)

105,688

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

105,688

Renewed Lines Operation and Maintenance Revenue

-

-

407,968

267,670

237,369

-

-

-

-

-

-

-

-

-

-

(183,585)

729,422

Operation and Maintenance Revenue

-

501,173

28,756

50,634

2,860

-

-

-

-

-

-

-

-

-

-

-

583,423

Construction Revenue - Transmission

-

189,786

286,821

48,156

126,675

-

-

-

-

-

-

-

-

-

-

-

651,438

Financial – Return on Investment T

-

116,712

16,921

111,394

163,801

-

-

-

-

-

-

-

-

-

-

-

408,828

Electric Energy Supply - Distribution

-

-

-

-

-

-

-

-

905,455

732,873

786,133

250,446

3,270,110

123,715

376,770

-

6,445,502

Construction Revenue - Distribution

-

-

-

-

-

-

-

-

44,791

61,819

43,561

19,655

119,443

7,483

61,272

-

358,024

CVA and Other Financial items

-

-

-

-

-

-

-

-

38,616

18,275

52,345

11,604

407,275

446

31,981

-

560,542

Others Operating Revenue

6,102

39,043

11,172

23,505

274,511

-

-

1,702

50,621

43,179

77,951

2,938

121,755

3,871

150,809

(159,169)

647,990

.

                                  

(-) Circulation Taxes

-

-

(58,559)

(361)

(2,387)

-

-

(157)

(179,027)

(129,895)

(186,159)

(47,620)

(961,757)

(19,853)

(180,620)

-

(1,766,395)

(-)Federal Taxes

165,602

(263,444)

(152,876)

(74,731)

(251,932)

-

(102,104)

(11,567)

(93,054)

(74,708)

(84,770)

(19,357)

(337,621)

(13,589)

(193,642)

-

(1,507,793)

(-) Sector Charges

-

(112,574)

(140,755)

(12,060)

(138,031)

-

(30,121)

(6,248)

(36,321)

(80,099)

(67,678)

(22,278)

(336,283)

(1,210)

(15,601)

-

(999,259)

(-)Others Deductions (including Service tax)

-

(826)

(405)

(530)

(1,684)

-

-

-

(72,839)

-

(151)

(14,836)

(504)

(53)

10

-

(91,818)

.

                                  

OPERATING EXPENSES

(3,816,555)

(2,479,775)

(1,782,219)

(705,091)

(2,524,776)

(2,110)

(857,903)

(303,850)

(626,903)

(532,736)

(622,111)

(192,222)

(2,352,131)

(207,780)

(1,879,196)

2,014,953

(16,870,405)

Personnel

(185,118)

(414,809)

(430,229)

(167,599)

(543,466)

(1,309)

(269,021)

(47,804)

(65,999)

(56,336)

(76,395)

(17,817)

(154,090)

(30,514)

(176,707)

-

(2,637,213)

Material

(1,052)

(16,065)

(10,752)

(5,300)

(11,676)

(25)

(25,528)

(46,820)

(605)

(2,152)

(2,525)

(571)

(8,636)

(483)

(19,512)

-

(151,702)

Services

(49,870)

(284,981)

(96,005)

(47,239)

(109,689)

(342)

(144,230)

(30,120)

(39,216)

(56,978)

(40,685)

(25,409)

(232,730)

(7,576)

(123,327)

-

(1,288,397)

Realignment Staff Plan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Energy purchased for Resale

(1,394,881)

(513,365)

(153,513)

(105,628)

(937,805)

-

-

(96,115)

(384,867)

(298,618)

(366,589)

(106,773)

(1,528,925)

(86,575)

(708,762)

428,697

(6,253,719)

Charges on Electric Energy Grid Usage

-

(226,487)

(351,894)

(7,678)

(262,122)

-

(38,146)

(18,065)

(27,323)

(8,919)

(17,764)

(2,027)

(86,064)

-

(78,187)

252,199

(872,477)

Construction

-

(271,437)

(305,830)

(48,156)

(126,675)

-

-

-

(44,791)

(61,819)

(43,561)

(19,655)

(119,443)

(7,483)

(114,232)

-

(1,163,082)

Fuel used for electric energy production

-

(251,905)

(136,410)

-

(67,911)

-

(161,115)

(5,349)

-

-

-

-

-

(19,697)

(292,942)

-

(935,329)

Remuneration and Reimbursement (Royalties)

-

(46,468)

(5,504)

(6,339)

(144,357)

-

-

-

-

-

-

-

-

-

(3,521)

-

(206,189)

Depreciation and Amortization

(2,646)

(113,923)

(54,281)

(59,281)

(221,125)

(10)

(183,270)

(39,885)

(16,559)

(18,057)

(17,265)

(7,929)

(58,693)

(5,253)

(127,448)

-

(925,625)

Donations and Contributions

(81,598)

(11,334)

(9,561)

-

(63)

-

-

-

(94)

(125)

-

-

-

-

-

-

(102,775)

Operational Provisions

(1,733,370)

(250,415)

(180,462)

2,561

(63,270)

33

(31,588)

(5,828)

(11,719)

10,282

(12,747)

(1,749)

(77,709)

(48,584)

(77,118)

1,253,239

(1,228,444)

Others

(368,020)

(78,586)

(47,778)

(260,432)

(36,617)

(457)

(5,005)

(13,864)

(35,730)

(40,014)

(44,580)

(10,292)

(85,841)

(1,615)

(157,440)

80,818

(1,105,453)

OPERATING RESULT BEFORE FINANCIAL RESULT

(2,198,193)

586,521

41,723

62,697

463,027

(2,110)

113,700

(128,886)

31,339

38,708

(879)

(11,670)

(69,713)

(88,093)

(43,400)

1,160,567

(44,662)

FINANCING REVENUE (EXPENSES)

                                 

Revenue from financial Investments

217,906

53,848

68,153

15,699

71,363

3,306

657

114

1,144

882

337

349

-

73

4,697

-

438,528

Revenue of interest rate, comission and taxes (Loans and Financing)

1,406,945

29,185

-

-

-

-

-

-

-

-

-

-

4,485

-

-

(866,626)

573,989

Debt Charges

(1,130,479)

(421,844)

(67,118)

(165,035)

(268,134)

-

(25,611)

(152,373)

(59,304)

(44,445)

(65,117)

(14,647)

(78,330)

(2,020)

(715,621)

959,298

(2,250,780)

Charges - Leasing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(137,661)

-

(137,661)

Charges – Remuneration to Shareholders

(13,065)

-

-

(2,046)

-

-

-

(3,888)

-

-

-

-

-

-

-

-

(18,999)

Moratorium Increaes on electricity

126,216

3,207

37,295

-

31,887

-

-

-

10,530

17,711

26,077

5,932

-

(9,853)

27,980

-

276,982

Net Monetary Update

583,810

(139,805)

11,504

(61,889)

(192,922)

-

(10,013)

-

2,016

(14,981)

(24,121)

(7,615)

(48,513)

2,241

186,901

-

286,613

Net Exchange Update

523,708

(7,230)

-

-

-

-

(52,040)

(225)

(212)

-

-

-

(236,757)

-

15,082

-

242,326

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

-

-

-

-

-

-

-

-

13,082

4,301

7,245

-

3,249

23

9,580

-

37,480

Others financial revenues

63,703

118,991

39,627

41,173

66,906

-

62,626

371

1,278

62,641

6,548

-

53,846

(3,525)

46,341

-

560,526

Others financial expenses

(100,293)

(63,770)

(18,745)

(5,050)

(117,581)

(29)

(51,364)

(7,012)

(25,945)

(81,927)

(19,112)

(9,156)

(19,061)

-

(25,312)

-

(544,357)

Indemnities Remuneration – 12,783/13 Law

-

286,582

404,318

95,461

78,728

-

-

-

-

-

-

-

-

-

-

-

865,089

FINANCIAL RESULT

1,678,451

(140,836)

475,034

(81,687)

(329,753)

3,277

(75,745)

(163,013)

(57,411)

(55,818)

(68,143)

(25,137)

(321,081)

(13,061)

(588,013)

92,672

329,736

RESULTS OF INVESTMENTS IN SUBSIDIARIES

624,679

(106,950)

2,874

(142,849)

57,440

1,303

-

-

-

-

-

-

-

-

-

(400,935)

35,562

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

104,937

338,735

519,631

(161,839)

190,714

2,470

37,955

(291,899)

(26,072)

(17,110)

(69,022)

(36,807)

(390,794)

(101,154)

(631,413)

852,304

320,636

Current Income Tax and Social Contribution

(133,821)

(132,359)

(162,005)

(9,716)

(7,292)

(266)

(51,976)

-

-

-

-

-

-

-

-

-

(497,435)

Deferred Income Tax and Social Contribution

(73,979)

-

142,143

(63,821)

(79,707)

-

-

-

(43,548)

-

-

-

-

-

-

-

(118,912)

Fiscal Incentives Revenue

-

-

-

-

5,276

-

-

-

-

-

-

-

-

-

-

-

5,276

RESULT BEFORE PARTICIPATION

(102,863)

206,376

499,769

(235,376)

108,991

2,204

(14,021)

(291,899)

(69,620)

(17,110)

(69,022)

(36,807)

(390,794)

(101,154)

(631,413)

852,304

(290,435)

Minority Participation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET PROFIT OF THE PERIOD

(102,863)

206,376

499,769

(235,376)

108,991

2,204

(14,021)

(291,899)

(69,620)

(17,110)

(69,022)

(36,807)

(390,794)

(101,154)

(631,413)

852,304

(290,435)

5

 

 
 

 

Marketletter 2Q15

 

 

Cash Flow on 06/30/15

Furnas

Chesf

Eletrosul

Eletronorte

Eletronuclear

CGTEE

Eletropar

ED Alagoas

ED Rondônia

ED

Piauí

ED

Roraima

CELG-D

ED

Acre

Amazonas Energia

Operating Activities

                            

Profit (loss) before income tax and social contribution

74,761

519,680

74,761

272,992

37,955

-291,899

2,470

-26,072

-17,110

-69,022

-80,930

-366,834

-36,807

-631,413

Adjustments to conciliate the profit with the cash generated by operations

                            

Depreciation and amortization

59,281

54,281

59,281

221,125

183,270

41,404

10

16,559

18,057

17,265

5,253

58,693

7,929

127,448

Net monetary and currency variation

(28,819)

(415,568)

(28,819)

79,706

62,053

225

-

(14,886)

14,981

4,017

-

394,747

7,615

(15,082)

Financing charges

124,192

67,118

124,192

268,134

25,611

135,239

-

59,304

44,445

60,475

2,020

78,330

14,647

278,400

Equity Method

142,849

(2,874)

142,849

(57,440)

-

-

(1,303)

-

-

-

-

-

-

-

Provision for uncovered liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for doubtful credit liquidation

149

34,752

149

2,865

-

-

-

7,621

(535)

7,192

48,949

49,836

6,725

57,374

Provisions for contingencies

(2,712)

171,321

(2,712)

36,388

10,146

4,993

-

2,195

(9,747)

5,555

(365)

-

2,322

23,734

Provision for staff realignment

-

(12,283)

-

-

(28,945)

-

-

-

-

-

-

-

-

-

Provision (Reversal) for loss in investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for reduction on recoverable amount of Investment (Impairment)

-

(61,215)

-

-

47

-

-

-

-

-

-

-

(7,298)

-

Provision for onerous contracts

-

(15,525)

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loss with Financial Asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Global reversal reserve charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustment to Present Value / Market Value

(642)

-

(642)

-

43,258

-

-

(133)

-

-

-

-

-

-

Minority Participation in Result

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Charges on Shareholders funds

2,046

-

2,046

-

-

3,888

-

-

-

-

-

-

-

-

Financial Asset Revenue by IRR

(111,394)

(16,921)

(111,394)

(163,801)

-

-

-

-

-

-

-

-

-

-

Derivatives

-

-

-

84,290

-

-

-

-

-

-

-

-

-

-

Others

(298,972)

83,131

(298,972)

(209,225)

139,346

6

(266)

537,805

12,877

4,465

640

-

-

9,490

(Increase) decrease on operating asset/liability

244,107

(251,571)

244,107

577,708

(219,333)

(72,835)

(13,192)

(523,581)

16,226

(13,498)

31,834

258,253

3,420

507,092

Cash from Operating Activities

204,846

154,326

204,846

1,112,742

253,408

(178,979)

(12,281)

58,812

79,194

16,449

7,401

473,025

(1,447)

357,043

Payment of financial charges

(107,865)

(67,595)

(107,865)

(161,609)

(63,686)

(18,802)

-

(7,698)

(6,233)

-

-

(64,875)

(1,372)

(58,520)

Payment of charges of global reversal reserve

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financial charges receivable

212

-

212

-

-

-

-

-

-

-

-

50,414

-

-

Remuneration from equity investments received

8

22,431

8

12,712

-

-

933

-

-

-

-

-

-

-

Annual allowed Revenue Receiving (Financial Asset)

466,110

(260,659)

466,110

155,165

-

-

-

-

-

-

-

-

-

-

Financial Asset Indemnities Receiving

247,406

857,557

247,406

212,245

-

-

-

-

-

-

-

-

-

-

Payment of income tax and social contribution

(25,156)

(123,467)

(25,156)

(28,358)

(38,146)

-

-

(43,548)

-

-

-

-

-

-

Complementary security fund payment

-

(52,032)

-

-

-

-

-

-

-

-

-

-

-

-

Payment of lawsuit contingencies

-

(5,644)

-

(1,708)

-

-

-

-

-

(5,770)

-

(63,106)

-

-

Lawsuit Deposits

(5,615)

(1,203)

(5,615)

(7,840)

(6,563)

931

-

-

(1,404)

-

-

(18,954)

-

(18,606)

Net Cash from Operating Activities

779,946

575,746

779,946

1,293,349

145,013

(196,850)

(11,348)

7,566

71,557

10,679

7,401

376,504

(2,819)

279,917

Financing Activities

                           

Loans and financing obtained

-

-

-

276,034

345,000

177,956

-

79,974

12,497

37,279

5,468

344,303

20,520

24,096

Loans and financing payable - principal

(104,528)

(91,601)

(104,528)

(345,477)

(28,325)

(74,169)

-

(47,102)

(9,985)

(28,782)

(1,571)

(194,659)

(3,726)

(83,518)

Payment to Shareholders

(2,743)

-

(2,743)

-

-

-

-

-

-

-

-

-

-

-

Payment of refinancing of taxes and contributions - Principal

                      

-

    

Reposition of Global Reversal reserve

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receiving of advance for future capital increase

24

(128,705)

24

-

-

85,274

-

-

-

-

-

-

-

-

Amount received over Bonds Emission

                      

-

    

Payment to complementary pension fund

(9,317)

-

(9,317)

-

-

-

-

(5,900)

-

-

-

-

-

-

Others

(3,334)

18

(3,334)

-

-

-

-

-

-

(34,958)

-

-

-

-

Net Cash from Financing Activities

(119,898)

(220,288)

(119,898)

(69,443)

316,675

189,061

-

26,972

2,512

(26,461)

3,897

149,644

16,794

(59,422)

Investment Activities

                           

Financing and Loans Concessions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receiving of Loans and Financing Ceded

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Renegotiated Credits of energy receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of property, unit and equipment

(550,206)

(153,304)

(550,206)

(7,143)

(437,736)

(13,966)

-

(495)

(751)

(375)

(13,885)

1,921

(303)

(2,513)

Acquisition of intangible assets

(1,170)

(4,697)

(1,170)

-

418

(31)

(17)

-

(579)

(1,339)

(2,319)

(44,594)

-

(2,638)

Acquisition of concession assets

(48,156)

-

(48,156)

(771,840)

-

-

-

(28,367)

(61,819)

15,433

6,257

(473,081)

(19,665)

(154,324)

Concession for advance of future capital increase

(171,928)

-

(171,928)

-

-

-

-

-

-

-

-

-

-

-

Acquisition/Contribution of capital in equity participation

(125,483)

(303,023)

(125,483)

(616,203)

-

-

-

-

-

-

-

-

-

-

Net Cash Flow in controlled company acquisition (CELG)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Others

210,439

(112,445)

210,439

148,367

(31,673)

-

-

(61)

-

-

-

-

-

-

Net Cash from investments activities

(686,504)

(573,469)

(686,504)

(1,246,819)

(468,991)

(13,997)

(17)

(28,923)

(63,149)

13,719

(9,947)

(515,754)

(19,968)

(159,475)

Increase (decrease) in cash and cash equivalents

(26,456)

(218,011)

(26,456)

(22,913)

(7,303)

(21,786)

(11,365)

5,615

10,920

(2,063)

1,351

10,394

(5,993)

61,020

Cash and cash equivalent – beginning of period - 12/31/14

26,960

658,063

26,960

344,024

18,361

25,717

14,529

9,619

4,525

5,478

7,286

131,719

24,497

62,606

Cash and cash equivalent – end of period – 06/30/15

504

388,020

504

321,111

11,058

3,931

3,164

15,234

15,445

3,415

8,659

142,113

18,504

123,626

 

(26,456)

(270,043)

(26,456)

(22,913)

(7,303)

(21,786)

(11,365)

5,615

10,920

(2,063)

1,373

10,394

(5,993)

61,020

6

 

 
 

 

Marketletter 2Q15

 

 

Asset on 06/30/2014

Eletrobras

Furnas

Chesf

Eletrosul

Eletronorte

Eletropar

Eletronuclear

CGTEE

ED

Alagoas

ED Rondonia

ED

Piaui

ED

Acre

CELG-D

ED Roraima

Amazonas

Eliminations

Total

Current Asset

                                  

Financial Asset – Itaipu

1,592

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,592

Cash and Cash Equivalent

1,516,884

5,124

693,283

89,662

409,068

53,303

55,937

25,673

27,047

23,437

10,024

49,595

-

31,490

66,740

-

3,057,267

Clients (Consumers and Resellers)

443,923

492,422

301,066

135,429

850,962

-

194,208

62,134

213,204

187,193

239,506

66,918

-

42,057

405,547

338,683

3,295,886

Financing and Loan - principal

5,404,061

3,140

3,410

1,370

-

-

-

-

-

-

-

-

-

-

-

3,143,199

2,268,782

Financing and Loan - Charges

564,353

-

2

-

-

-

-

-

-

-

-

-

-

-

-

128,088

436,267

Renegotiated Credits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Marketable Securities

2,353,874

971,213

1,309,452

304,864

1,956,043

-

205,095

-

-

-

-

-

-

-

-

-

7,100,541

Dividends to Receive (Equity Participation Remuneration)

425,976

88,301

14,024

7,696

-

2,238

-

-

-

-

-

-

-

-

-

324,916

213,319

Deferred Fiscal Asset (Taxes and Contributions)

464,717

13,467

35,346

27,031

36,443

2,416

17,688

19,649

12,799

10,450

8,320

6,888

-

5,621

35,212

-

696,047

Income Tax and Social Contribution

306,620

205,446

83,530

70,345

56,334

-

4,721

-

-

-

9,827

1,327

-

-

-

-

738,150

Derivatives

-

-

-

-

144,501

-

-

-

-

-

-

-

-

-

-

-

144,501

Reimbursement Right - CCC (12,111 Law)

-

253,019

-

-

-

-

-

-

45,425

-

22,753

8,375

-

-

27,183

-

356,755

Fuel Consumption Account - CCC

1,123,834

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,123,834

Linked Deposits

-

-

10,982

26,150

-

-

-

-

-

495

-

461

-

-

-

-

38,088

Stored Material

722

21,188

105,165

35,964

55,914

-

134,363

84,728

5,434

7,988

12,083

2,976

-

1,738

197,510

-

665,773

Nuclear Fuel Storage

-

-

-

-

-

-

343,730

-

-

-

-

-

-

-

-

-

343,730

Financial Asset – Annual Allowed Revenue (Transmission)

-

-

76,316

63,984

310,278

-

-

-

-

-

-

-

-

-

-

-

450,578

Financial Asset - Indemnitiable Concessions (Transmission)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financial Asset - Indemnitiable Concessions (Distribution)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amounts to Receive – 12,783/13 Law

-

1,863,704

1,682,561

490,297

458,006

-

-

-

-

-

-

-

-

-

-

-

4,494,568

Expenses paid in advance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Others

357,471

196,931

330,928

78,607

176,523

-

66,175

5,141

65,875

62,848

51,728

28,785

-

14,865

161,751

174,702

1,422,926

TOTAL CURRENT ASSET

12,964,027

4,113,955

4,646,065

1,331,399

4,454,072

57,957

1,021,917

197,325

369,784

292,411

354,241

165,325

-

95,771

893,943

4,109,588

26,848,604

NO CURRENT ASSET

                                  

Long Term Asset

                                 

Financial Asset – Itaipu

2,525,656

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,525,656

Clients (Consumers and Resellers)

187,329

392,858

10,923

493,614

17,042

-

-

-

185,465

27,505

218,124

14,088

-

4,211

76,156

-

1,627,315

Financing and Loan - principal

22,370,507

4,682

5,631

4,782

-

-

-

-

-

-

-

-

-

-

-

11,484,555

10,901,047

Renegotiated Credits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Marketable Securities

195,103

-

2,627

145

205

-

-

-

-

-

-

-

-

-

-

-

198,080

Deferred Fiscal Asset (Taxes and Contributions)

-

-

159,874

22,483

44,363

2,741

-

19,741

5,328

9,881

4,594

3,217

-

10,019

1,928,435

-

2,210,676

Income Tax and Social Contribution

1,464,148

398,279

1,948,386

19,442

-

-

-

-

-

-

-

-

-

-

-

-

3,830,255

Derivatives

-

-

-

-

155,591

-

-

-

-

-

-

-

-

-

-

-

155,591

Reimbursement Right – CCC (12,111 Law)

-

139,342

-

-

248,287

-

-

91,250

-

2,167,583

-

263,270

-

111,144

12,331,070

-

15,351,946

Linked Deposits

1,119,985

520,403

602,718

134,621

392,240

48

44,958

11,560

63,678

57,653

13,975

5,406

-

16,919

316,725

-

3,300,889

Fuel Consumption Account - CCC

8,141

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,141

Nuclear Fuel Storage

-

-

-

-

-

-

460,444

-

-

-

-

-

-

-

-

-

460,444

Financial Asset – Annual Allowed Revenue (Transmission)

-

2,963,209

2,247,243

1,406,635

2,081,042

-

-

-

-

-

-

-

-

-

-

-

8,698,129

Financial Asset - Generation

-

995,718

487,821

-

-

-

-

-

-

-

-

-

-

-

1,911,513

-

3,395,052

Financial Asset - Indemnitiable Concessions (Transmission)

-

1,499,132

683,943

674,157

2,138,535

-

-

-

-

-

-

-

-

-

-

-

4,995,767

Financial Asset - Indemnitiable Concessions (Distribution)

-

995,718

-

-

-

-

-

-

623,402

693,383

602,004

292,471

-

164,837

1,273,860

-

4,645,676

Amounts to Receive – 12,783 Law

-

94,483

409,845

97,777

27,614

-

-

-

-

-

-

-

-

-

-

-

629,719

Complementary Pension Fund

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Others

694,078

215,819

167,807

92,165

1,325,581

-

300,520

38,002

564

3,954

1,394

86

-

2,298

9,071

1,991,876

859,463

Advance for Equity Participation

174,622

47,708

491,401

142,633

317,611

-

-

-

-

-

-

-

-

-

-

170,623

1,003,352

LONG TERM TOTAL ASSET

28,739,569

8,267,351

7,218,219

3,088,454

6,748,111

2,789

805,922

160,553

878,437

2,959,959

840,091

578,538

-

309,428

17,846,830

13,647,054

64,797,198

INVESTMENTS

52,225,661

5,263,808

3,648,146

2,664,847

2,377,627

97,041

-

-

168

1,806

146

-

-

-

7,678

47,120,895

19,166,033

FIXED ASSET

127,031

5,869,866

1,622,263

2,359,411

7,621,563

23

9,817,896

1,547,949

23,224

30,181

18,696

5,931

-

10,822

1,219,312

-

30,274,168

INTANGIBLE ASSET

-

102,077

30,994

175,742

20,264

23

53,283

1,553

27,166

73,924

39,514

42,083

-

6,372

140,733

-

713,728

NON – CURRENT ASSET TOTAL

81,092,261

19,503,102

12,519,622

8,288,454

16,767,565

99,876

10,677,101

1,710,055

928,995

3,065,870

898,447

626,552

-

326,622

19,214,553

60,767,949

114,951,127

ASSET TOTAL

94,056,288

23,617,057

17,165,687

9,619,853

21,221,637

157,833

11,699,018

1,907,380

1,298,779

3,358,281

1,252,688

791,877

-

422,393

20,108,496

64,877,537

141,799,731

7

 

 
 

 

Marketletter 2Q15

 

Liability on 06/30/14

Eletrobras

Furnas

Chesf

Eletrosul

Eletronorte

Eletropar

Eletronuclear

CGTEE

ED

Alagoas

ED Rondonia

ED

Piaui

ED

Acre

CELG-D

ED Roraima

Amazonas

Energia

Eliminations

Total

Current Liabilties

                                  

Suppliers

419,762

384,401

401,762

37,611

429,968

835

126,320

217,812

256,115

1,197,638

135,403

140,681

-

253,706

7,796,984

(230,743)

11,568,255

Financing and Loan - principal

1,301,999

375,444

122,256

385,772

485,663

-

820,878

278,047

468,110

259,832

423,494

45,691

-

23,650

853,854

(3,244,113)

2,600,577

Financing and Loan - Charges

366,580

112,577

14,617

21,098

12,536

-

7,658

15,619

-

3,760

34,160

6,330

-

-

4,289

(85,593)

513,631

National Treasure Credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Compulsory Loan

59,289

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

59,289

Bonds

-

-

-

-

15,519

-

-

-

-

-

-

-

-

-

-

-

15,519

Taxes and Social Contribution

25,736

284,265

87,939

49,898

57,941

49

51,454

17,492

54,993

33,352

90,722

20,557

-

3,871

41,721

-

819,990

Income Tax and Social Contribution

-

121,036

-

6,533

-

165

-

-

4,997

-

13,387

-

-

-

3,578

-

149,696

Derivatives

30,083

-

-

-

223,844

-

-

-

-

-

-

-

-

-

-

-

253,927

Reimbursement Obligations – CCC (12,111 Law)

890,499

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

890,499

Advance from Clients

468,503

-

-

-

52,813

-

-

-

-

-

-

-

-

-

-

-

521,316

Fuel Consumption Account - CCC

834,624

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

834,624

Shareholders Remuneration (dividends to pay)

85,726

-

13

266,049

904

-

-

62,684

-

-

-

-

-

-

-

(326,514)

88,862

Estimated Obligations

84,913

174,897

200,256

82,132

256,572

117

329,542

13,760

16,199

37,813

29,002

7,511

-

12,580

68,066

-

1,313,360

Provision for Contingencies

-

-

44,074

-

-

-

-

26,541

-

-

-

-

-

-

-

-

70,615

Post-Employment Benefits (Complementary Pension Fund)

8,106

78,113

60,939

9,722

-

-

10,598

2,709

15,303

749

23,224

79

-

-

1,605

-

211,147

Leasing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

191,436

-

191,436

Onerous Contract

-

-

-

-

3,066

-

-

-

-

-

-

-

-

-

-

-

3,066

Concessions to Pay - UBP

-

854

-

2,058

-

-

-

-

-

-

-

-

-

-

-

-

2,912

Financial Liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sector Charges (Regulatory Charges)

-

117,197

157,585

36,972

319,462

-

47,528

3,147

497

7,228

18,598

31,453

-

-

3,152

-

742,819

Incentive to Personnel Retirement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Participation in Profit and Resukt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Others

21,130

27,862

73,798

132,123

201,665

-

76,066

16,030

95,046

24,740

33,119

13,120

-

3,647

453,733

(222,625)

949,454

CURRENT TOTAL

4,596,950

1,676,646

1,163,239

1,029,968

2,059,953

1,166

1,470,044

653,841

911,260

1,565,112

801,109

265,422

-

297,454

9,418,418

(4,109,588)

21,800,994

Non Current Liabilities

                                  

Suppliers

-

-

-

-

-

-

-

-

3,404

-

-

197,610

-

-

530,443

-

731,457

Financing and Loan - principal

11,010,774

7,833,231

1,098,685

2,649,251

3,990,031

-

3,255,042

1,575,088

274,439

289,861

413,477

117,964

-

17,553

577,551

(11,366,085)

21,736,862

National Treasure Credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Compulsory Loan

411,488

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

411,488

Bonds

-

-

-

-

207,466

-

-

-

-

-

-

-

-

-

-

-

207,466

Taxes and Social Contribution

-

748,093

13,572

61,777

-

-

-

-

7,022

3,517

48,989

13,827

-

-

-

-

896,797

Income Tax and Social Contribution

83,710

-

-

-

27,646

13,444

-

-

-

-

-

-

-

-

-

-

124,800

Derivatives

-

-

-

-

223,669

-

-

-

-

-

-

-

-

-

-

-

223,669

Reimbursement Obligations –CCC (12,111 Law)

-

-

-

-

-

-

-

-

-

148,351

-

122,225

-

57,209

10,168,433

-

10,496,218

Advance from Clients

-

-

-

-

746,039

-

-

-

-

-

-

-

-

-

-

-

746,039

Estimated Obligations

-

-

107,927

23,140

7,929

-

123,528

-

-

-

-

-

-

-

3,401

-

265,925

Shareholders Remuneration

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fuel Consumption Account - CCC

465,471

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

465,471

Global Reversal Reserve

7,916,922

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,916,922

Provision for Contingencies

2,606,741

542,539

1,438,293

53,685

543,964

-

161,303

-

84,988

122,931

88,250

8,853

-

23,503

251,789

-

5,926,839

Provision for uncovered liabilities on invested Companies

5,171,185

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(4,083,710)

1,087,475

Provision for Onerous Contract

-

875,936

1,033,614

108,098

85,860

-

-

-

-

-

-

-

-

-

344,921

-

2,448,429

Post-Employment Benefit (Complementary Pension Fund)

67,553

192,132

549,147

77,195

68,822

-

47,133

31,625

161,319

-

80,322

786

-

1,893

1,363

-

1,279,290

Leasing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,898,412

-

1,898,412

Concessions to Pay - UBP

-

36,975

-

23,639

-

-

-

-

-

-

-

-

-

-

-

-

60,614

Sector Charges

-

84,970

247,377

-

-

-

-

-

-

36,877

33,886

-

-

-

-

-

403,110

Asset Demobilization Obligation (Nuclear Power Plant discontinuation)

-

-

-

-

-

-

1,174,343

-

-

-

-

-

-

-

-

-

1,174,343

Advance for future capital incresae

183,334

36,484

-

62,261

13,330

-

-

20,347

8,085

245

16,416

12,791

-

-

-

(169,959)

183,334

Incentive to personnel Retirement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Research and Development

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Others

604,606

1

5,718

28,701

74,167

-

97,603

-

21,033

1,341,930

3,885

109

-

61,279

30,535

(2,111,010)

158,557

NON CURRENT ASSET TOTAL

28,521,784

10,350,361

4,494,333

3,087,747

5,988,923

13,444

4,858,952

1,627,060

560,290

1,943,712

685,225

474,165

-

161,437

13,806,848

(17,730,764)

58,843,517

 

                                  

STOCKHOLDERS’ EQUITY

                                  

Capital social

31,305,331

6,531,154

9,753,953

4,295,250

11,563,279

118,054

6,607,258

845,510

726,447

1,325,124

1,256,331

475,789

-

684,204

4,610,171

(48,792,524)

31,305,331

Capital Reserves

26,048,342

5,528,986

4,916,199

-

-

-

-

-

-

-

-

-

-

-

-

(10,445,185)

26,048,342

Profit Reserves

4,334,565

-

-

1,072,411

126,605

3,159

-

2,596

-

-

-

-

-

-

-

(1,204,771)

4,334,565

Additional Dividend Purpose

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Profit/Losses accumulated

918,246

436,477

(2,412,638)

185,078

1,542,853

(9,676)

(1,218,260)

(1,165,022)

(734,727)

(1,475,667)

(1,455,648)

(423,499)

-

(719,326)

(7,724,532)

15,174,587

918,246

Other Comprehensive Income

(1,668,929)

(906,567)

(749,399)

(63,987)

(59,976)

31,686

(18,976)

(56,605)

(164,491)

-

(34,329)

-

-

(1,376)

(2,409)

2,026,429

(1,668,929)

Non - Controlling Shareholders Participation

-

-

-

13,386

-

-

-

-

-

-

-

-

-

-

-

204,279

217,665

 

                                  

STOCKHOLDERS’ EQUITY TOTAL

60,937,555

11,590,050

11,508,115

5,502,138

13,172,761

143,223

5,370,022

(373,521)

(172,771)

(150,543)

(233,646)

52,290

-

(36,498)

(3,116,770)

(43,037,185)

61,155,219

 

                                  

LIABILITIES AND STOCKHOLDERS’ EQUITY TOTAL

94,056,288

23,617,057

17,165,687

9,619,853

21,221,637

157,833

11,699,018

1,907,380

1,298,779

3,358,281

1,252,688

791,877

-

422,393

20,108,496

(64,877,538)

141,799,730

8

 

 
 

 

Marketletter 2Q15

 

Statement of Income on 06/30/14

Eletrobras

Furnas

Chesf

Eletrosul

Eletronorte

Eletropar

Eletronuclear

CGTEE

ED

Alagoas

ED Rondonia

ED

Piaui

ED

Acre

CELG D

ED Roraima

Amazonas

Energia

Eliminations

Total

OPERATING REVENUE

1,462,898

2,939,790

1,730,061

499,765

3,186,277

-

965,415

158,919

474,764

551,869

431,022

173,531

-

94,597

1,642,983

(436,590)

13,875,301

Electric Energy Supply (Sell)

1,434,163

1,469,133

62,957

160,382

1,575,778

-

1,099,005

175,083

-

-

-

-

-

14,584

-

(432,619)

5,558,466

Electric Energy Supply (Generation)

-

7,657

421,533

-

698,639

-

-

-

-

-

-

-

-

-

538,624

-

1,666,453

Short Term Electric Energy

-

856,977

79,764

3,532

948,919

-

-

-

-

-

-

-

-

-

828,404

-

2,717,596

Operation and Maintenance Revenue and Renewed Plants

-

276,607

614,641

-

7,568

-

-

-

-

-

-

-

-

-

-

-

898,816

Construction Revenue

-

7,286

33,165

-

-

-

-

-

-

-

-

-

-

-

18,978

-

59,429

Financial – Return on Investment G

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financial Effect ITAIPU

81,802

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

81,802

Renewed Lines Operation and Maintenance Revenue

-

-

-

226,183

158,956

-

-

-

-

-

-

-

-

-

-

-

385,139

Operation and Maintenance Revenue

-

384,434

343,182

47,874

(6,621)

-

-

-

-

-

-

-

-

-

-

-

768,869

Construction Revenue - Transmission

-

174,037

466,259

15,669

83,008

-

-

-

-

-

-

-

-

-

-

-

738,973

Financial – Return on Investment T

-

91,348

12,299

93,286

55,225

-

-

-

-

-

-

-

-

-

-

-

252,158

Electric Energy Supply - Distribution

-

-

-

-

-

-

-

-

587,489

616,944

501,571

220,810

-

97,282

280,189

-

2,304,285

Construction Revenue - Distribution

-

-

-

-

-

-

-

-

32,428

85,929

41,378

19,356

-

5,033

160,558

-

344,682

.

                                  

Others Operating Revenue

38,328

16,444

6,722

12,752

112,127

-

-

1,764

31,394

33,239

65,556

1,745

-

4,614

135,263

(3,971)

455,977

.

                                  

(-) Circulation Taxes

-

-

(53,230)

(184)

(14,332)

-

-

(163)

(117,108)

(109,211)

(119,372)

(43,413)

-

(15,094)

(144,780)

-

(616,887)

(-)Federal Taxes

(91,395)

(233,213)

(132,011)

(50,360)

(259,735)

-

(102,445)

(13,328)

(53,757)

(60,724)

(52,708)

(21,178)

-

(10,796)

(159,449)

-

(1,241,099)

(-) Sector Charges

-

(110,214)

(124,886)

(9,118)

(171,927)

-

(31,145)

(4,437)

(5,634)

(14,308)

(5,290)

(1,838)

-

(971)

(14,615)

-

(494,383)

(-)Others Deductions (including Service tax)

-

(706)

(334)

(251)

(1,328)

-

-

-

(48)

-

(113)

(1,951)

-

(54)

(189)

-

(4,974)

.

                                  

OPERATING EXPENSES

(3,536,540)

(2,066,430)

(1,781,253)

(41,569)

(1,579,902)

(15,839)

(1,283,072)

(334,353)

(588,317)

(484,990)

(407,795)

(112,904)

-

(144,686)

(1,742,496)

1,482,557

(12,637,588)

Personnel

(201,713)

(476,666)

(445,533)

(161,685)

(528,648)

(1,155)

(287,661)

(54,775)

(72,659)

(62,471)

(86,107)

(20,304)

-

(32,845)

(179,191)

-

(2,611,413)

Material

(1,306)

(15,215)

(9,989)

(7,267)

(18,786)

(29)

(27,228)

(45,932)

(377)

(2,031)

(1,635)

(563)

-

(479)

(16,097)

-

(146,934)

Services

(50,647)

(333,973)

(81,544)

(47,982)

(108,128)

(334)

(131,012)

(47,168)

(30,982)

(59,503)

(40,743)

(22,254)

-

(9,431)

(112,858)

-

(1,076,559)

Energy purchased for Resale

(1,478,868)

(341,578)

(183,662)

(17,855)

(127,899)

-

-

(125,993)

(367,193)

(190,795)

(221,718)

(60,684)

-

(47,103)

(829,211)

302,484

(3,690,075)

Charges on Electric Energy Grid Usage

-

(201,852)

(375,660)

(5,982)

(265,710)

-

(28,305)

(14,172)

(25,302)

(6,165)

(18,241)

(1,419)

-

-

(28)

174,605

(768,231)

Construction

-

(181,323)

(499,424)

(15,669)

(83,008)

-

-

-

(32,428)

(85,929)

(41,378)

(19,356)

-

(5,033)

(179,536)

-

(1,143,084)

Fuel used for electric energy production - CCC

-

(247,614)

(200,817)

-

(5,635)

-

(158,638)

(5,456)

-

-

-

-

-

(9,801)

(79,328)

-

(707,289)

Remuneration and Reimbursement (Royalties)

-

(67,836)

(6,429)

(2,282)

(151,397)

-

-

-

-

-

-

-

-

-

(3,372)

-

(231,316)

Onerous Contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and Amortization

(3,179)

(105,851)

(51,317)

(64,810)

(222,908)

(8)

(179,880)

(36,487)

(15,945)

(16,547)

(15,359)

(6,645)

-

(4,663)

(56,990)

-

(780,589)

Donations and Contributions

(84,635)

(16,096)

(9,106)

(3,087)

(95)

-

-

-

(43)

(262)

-

-

-

-

-

-

(113,324)

Provisions for Contingencies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating Provisions

(1,007,763)

(14,999)

86,623

302,482

(6,609)

(13,810)

(73,939)

(2,887)

(1,811)

(7,483)

40,606

17,211

-

(9,823)

52,738

1,063,960

424,496

Realignment Staff Plan

-

-

-

(211)

-

-

(358,401)

-

(600)

-

-

-

-

-

-

-

(359,212)

Others

(708,429)

(63,427)

(4,395)

(17,221)

(61,079)

(503)

(38,008)

(1,483)

(40,977)

(53,804)

(23,220)

1,110

-

(25,508)

(338,623)

(58,492)

(1,434,059)

OPERATING RESULT BEFORE FINANCIAL RESULT

(2,073,642)

873,360

(51,192)

458,196

1,606,375

(15,839)

(317,657)

(175,434)

(113,553)

66,879

23,227

60,627

-

(50,089)

(99,513)

1,045,967

1,237,713

FINANCING REVENUE (EXPENSES)

                                 

Revenue from financial Investments

224,584

34,560

151,212

34,227

98,999

2,894

-

724

738

156

278

402

-

529

1,696

-

550,999

Revenue of interest rate, comission and taxes (Loans and Financing)

1,089,346

30,349

-

-

-

-

-

-

-

-

-

-

-

-

-

(570,984)

548,711

Debt Charges

(669,543)

(342,972)

(63,704)

(113,488)

(168,145)

-

(16,957)

(90,317)

(32,972)

(26,158)

(49,779)

(9,983)

-

(1,873)

(75,906)

588,977

(1,072,820)

Charges - Leasing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(134,605)

-

(134,605)

Indemnities Remuneration – 12,783/13 Law

-

141,073

146,080

52,478

31,838

-

-

-

-

-

-

-

-

-

-

-

371,469

Charges – Marketable Securities Negotiated

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Charges – Shareholders Remuneration

(44,818)

-

-

(12,623)

-

-

-

(2,997)

-

-

-

-

-

-

-

-

(60,438)

Electric Energy moratorium increase

19,301

693

29,747

-

3,322

-

-

-

12,027

14,817

20,488

6,677

-

-

21,187

-

128,259

Net Monetary Update

386,684

(75,299)

5,443

(15,226)

(82,395)

-

(5,853)

-

6,228

(5,753)

(9,170)

(17,835)

-

7,546

739

-

195,109

Net Exchange Update

(209,243)

4,358

-

-

25,177

-

(35,878)

(7,368)

45

-

-

-

-

-

-

-

(222,909)

Ineterest on Equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Others financial revenues and expenses

37,778

(62,814)

26,813

32,096

90,866

(122)

(58,210)

(401)

(23,884)

1,913

3,309

(8,677)

-

(905)

(294,071)

-

(256,309)

FINANCIAL RESULT

834,089

(270,052)

295,591

(22,536)

(338)

2,772

(116,898)

(100,359)

(37,818)

(15,025)

(34,874)

(29,416)

-

5,297

(480,960)

17,993

47,466

RESULTS OF INVESTMENTS IN SUBSIDIARIES

2,120,831

44,175

(39,500)

(105,093)

58,597

3,555

-

-

-

-

-

-

-

-

-

(1,953,921)

128,644

OPERATING RESULT

881,279

647,483

204,899

330,567

1,664,634

(9,512)

(434,555)

(275,793)

(151,371)

51,854

(11,647)

31,211

-

(44,792)

(580,473)

(889,961)

1,413,823

Others Expenses and Revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

881,279

647,483

204,899

330,567

1,664,634

(9,512)

(434,555)

(275,793)

(151,371)

51,854

(11,647)

31,211

-

(44,792)

(580,473)

(889,961)

1,413,823

Current Income Tax and Social Contribution

-

(117,553)

-

(3,279)

(111,902)

(164)

(25,178)

-

-

(13,743)

(2,522)

-

-

-

-

-

(274,341)

Deferred Income Tax and Social Contribution

-

(93,453)

41,343

(140,737)

(9,879)

-

-

-

-

-

-

-

-

-

-

-

(202,726)

Fiscal Incentives Revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

RESULT BEFORE PARTICIPATION

881,279

436,477

246,242

186,551

1,542,853

(9,676)

(459,733)

(275,793)

(151,371)

38,111

(14,169)

31,211

-

(44,792)

(580,473)

(889,961)

936,756

Minority Participation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET PROFIT OF THE PERIOD

881,279

436,477

246,242

186,551

1,542,853

(9,676)

(459,733)

(275,793)

(151,371)

38,111

(14,169)

31,211

-

(44,792)

(580,473)

(889,961)

936,756

9

 

 
 

 

Marketletter 2Q15

 

Cash Flow on 06/30/14

Furnas

Chesf

Eletrosul

Eletronorte

Eletronuclear

CGTEE

Eletropar

ED Alagoas

ED Rondônia

ED

Piauí

ED

Roraima

CELG-D

ED

Acre

Amazonas Energia

Operating Activities

                            

Profit (loss) before income tax and social contribution

330,567

204,899

330,567

1,664,634

-434,555

-275,793

-9,511

-196,796

51,854

-34,400

-20,588

  

14,517

-531,916

Adjustments to conciliate the profit with the cash generated by operations

                            

Depreciation and amortization

64,810

51,318

64,810

222,908

179,880

39,071

8

15,945

16,547

15,359

4,663

  

6,645

56,990

Monetary and currency variation

(27,599)

(151,523)

(27,599)

25,380

41,731

7,368

-

(6,273)

5,753

491

-

  

17,835

(739)

Financing charges

70,986

63,704

70,986

168,145

16,957

80,232

-

32,972

26,158

39,763

2,400

  

9,983

210,511

Equity Method

105,093

39,500

105,093

(58,597)

-

-

(3,555)

-

-

-

-

  

-

-

Provision for uncovered liability

-

-

-

-

-

-

-

-

-

-

-

  

-

-

Provision for doubtful credit liquidation

(55)

22,598

(55)

2,318

-

-

-

5,825

13,075

(64,941)

14,269

  

(10,371)

(27,834)

Provisions for contingencies

(2,623)

99,653

(2,623)

(45,025)

66,224

2,887

-

1,515

(5,592)

24,335

(4,446)

  

854

(24,904)

Provision for staff realignment

211

(12,919)

211

-

358,401

-

-

600

-

-

-

  

-

-

Provision (reversal) for loss with Investment

-

107,142

-

-

-

-

-

-

-

-

-

  

-

-

Provision for reduction on recoverable amount of Investment (Impairment)

-

84,621

-

-

154

-

13,810

-

-

-

-

  

(6,895)

-

Provision for onerous contracts

(299,795)

(400,637)

(299,795)

-

-

-

-

-

-

-

-

  

-

-

Provision for loss with Financial Asset

-

-

-

-

-

-

-

-

-

-

-

  

-

-

Global reversal reserve charges

-

-

-

-

-

-

-

-

-

-

-

  

-

-

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

3,624

-

3,624

-

38,000

-

-

(100)

-

-

-

  

-

-

Minority Participation in Result

-

-

-

-

-

-

-

-

-

-

-

  

-

-

Charges on Shareholders funds

12,623

-

12,623

-

-

2,997

-

-

-

-

-

  

-

-

Financial Asset Revenue by IRR

(93,286)

(12,299)

(93,286)

(55,225)

-

-

-

-

-

-

-

  

-

-

Derivatives

-

-

-

(47,485)

-

-

-

-

-

-

-

  

-

-

Others

(270,311)

(25,702)

(270,311)

4,283

213,585

52,294

(165)

382,967

23,303

9,370

529

  

2,368

4,412

(Increase) decrease on operating asset/liability

(39,765)

(165,541)

(39,765)

186,650

(308,511)

(59,942)

(1,545)

(294,461)

(107,519)

12,423

18,510

  

14,388

351,204

Cash from Operating Activities

(145,520)

(95,186)

(145,520)

2,067,986

171,866

(150,886)

(958)

(57,806)

23,579

2,400

15,337

  

49,324

37,724

Payment of financial charges

(112,705)

(42,956)

(112,705)

(153,403)

(33,299)

(13,206)

-

(895)

(23,732)

-

(1,727)

  

(3,581)

(62,648)

Payment of charges of global reversal reserve

-

-

-

-

-

-

-

-

-

-

-

  

-

-

Financial charges receivable

239

-

239

-

-

-

-

-

-

-

-

  

-

-

Remuneration from equity investments received

-

12,856

-

7,554

-

-

3,229

-

-

-

-

  

-

-

Annual allowed Revenue Receiving (Financial Asset)

389,173

(440,259)

389,173

81,846

-

-

-

-

-

-

-

  

-

-

Financial Asset Indemnities Receiving

83,657

275,588

83,657

70,878

-

-

-

-

-

-

-

  

-

-

Payment of income tax and social contribution

(20,899)

(18,440)

(20,899)

(56,763)

(23,299)

-

-

-

-

(2,522)

-

  

-

-

Complementary security fund payment

-

(68,236)

-

-

-

-

-

-

-

-

-

  

-

-

Payment of lawsuit contingencies

-

(22,158)

-

(510)

-

-

-

-

-

(8,012)

-

  

-

-

Lawsuit Deposits

(1,105)

(6,315)

(1,105)

(59,271)

(5,460)

394

-

-

4,210

-

-

  

-

(46,512)

Net Cash from Operating Activities

192,840

(336,870)

192,840

1,958,317

109,808

(163,698)

2,272

(58,701)

4,057

(8,134)

13,610

  

45,743

(71,436)

Financing Activities

                           

Loans and financing obtained

950

400,000

950

-

800,863

245,243

-

136,740

102,834

72,504

18,403

  

22,176

341,955

Loans and financing payable - principal

(159,134)

(29,105)

(159,134)

(505,099)

(23,604)

(18,529)

-

(41,048)

(35,658)

(22,372)

(3,111)

  

(14,826)

(107,302)

Payment to Shareholders

(320)

-

(320)

(406,535)

-

-

(3,203)

-

-

-

-

  

-

-

Payment of refinancing of taxes and contributions - Principal

                            

Reposition of Global Reversal reserve

-

-

-

-

-

-

-

-

-

-

-

  

-

-

Receiving of advance for future capital increase

-

(213,601)

-

-

-

13,794

-

-

-

785

-

  

-

-

Amount received on bonds emission

                            

Payment to Pension Fund

(16,224)

-

(16,224)

-

-

-

-

(1,601)

-

-

-

  

-

-

Others

(5,703)

-

(5,703)

-

(10,174)

-

-

-

-

(13,831)

-

  

-

-

Net Cash from Financing Activities

(180,431)

157,294

(180,431)

(911,634)

767,085

240,508

(3,203)

94,091

67,176

37,086

15,292

  

7,350

234,653

Investment Activities

                           

Financing and Loans Concessions

-

-

-

-

-

-

-

-

-

-

-

  

-

-

Receiving of Loans and Financing Ceded

-

-

-

-

-

-

-

-

-

-

-

  

-

-

Receiving of credit energy renegotiated

-

-

-

-

-

-

-

-

-

-

-

  

-

-

Acquisition of fixed assets

(42,680)

(67,335)

(42,680)

(35,960)

(640,700)

(68,209)

-

(1,262)

(577)

(836)

(113)

  

(265)

(6,158)

Acquisition of intangible assets

(436)

(1,610)

(436)

-

(10,407)

(31)

(6)

(4,193)

(5,500)

(860)

(239)

  

(1,151)

(4,620)

Acquisition of concession assets

(15,668)

-

(15,668)

(87,457)

-

-

-

(28,236)

(82,613)

(39,682)

(4,560)

  

(20,180)

(170,355)

Concession for advance of future capital increase

(56,172)

-

(56,172)

(265,310)

-

-

-

-

-

-

-

  

-

-

Acquisition/Contribution of capital in equity participation

(276,643)

(497,500)

(276,643)

(226,355)

-

-

-

-

-

-

-

  

-

-

Net cash flow in controlled CELG acquisition

-

-

-

-

-

-

-

-

-

-

-

  

-

-

Others

5

666,429

5

(295,407)

(176,766)

-

-

(298)

-

-

-

  

-

-

Net Cash from investments activities

(391,594)

99,984

(391,594)

(910,489)

(827,873)

(68,240)

(6)

(33,989)

(88,690)

(41,378)

(4,912)

  

(21,596)

(181,133)

.

                            

Increase (decrease) in cash and cash equivalents

(379,185)

(79,592)

(379,185)

136,194

49,020

8,570

(937)

1,401

(17,457)

(12,426)

23,990

  

31,497

(17,916)

Cash and cash equivalent – beginning of period - 12/31/14

773,711

841,111

773,711

395,324

6,917

17,103

54,240

25,646

40,894

22,450

7,502

  

18,098

84,656

Cash and cash equivalent – end of period – 06/30/15

394,526

693,283

394,526

409,058

55,937

25,673

53,303

27,047

23,437

10,024

31,490

  

49,595

66,740

 

(379,185)

(147,828)

(379,185)

13,734

49,020

8,570

(937)

1,401

(17,457)

(12,426)

23,988

  

31,497

(17,916)

10

 

 
 

 

Marketletter 2Q15

 

IV.2 Financial Informations and Result Analysis of Eletrobras Companies

Company

Net Operating Revenue

(R$ Million)

Service Result

(R$ Million)

Profit/Loss of

Period

(R$ Million)

EBITDA

(R$ Million)

Margin

EBITDA

(%)

1S15

1S14

1S15

1S14

1S15

1S14

1S15

1S14

1S15

1S14

Eletronorte

2.988

3.186

463

1.606

109

1.543

742

1.888

25

59

Chesf

1.824

1.730

42

-51

500

246

99

-39

5

-2

Furnas

3.066

2.940

587

873

206

436

593

1.023

19

35

Eletronuclear

972

965

114

-318

-14

-460

297

-138

31

-14

Eletrosul

768

500

63

458

-235

187

-21

418

-3

84

CGTEE

175

159

-129

-175

-292

-276

-89

-139

-51

-87

 

 

 

Company

Net Operating Revenue

(R$ Million)

Service Result

(R$ Million)

Profit/Loss of

Period

(R$ Million)

EBITDA

(R$ Million)

Margin

EBITDA

(%)

1S15

1S14

1S15

1S14

1S15

1S14

1S15

1S14

1S15

1S14

ED Acre

181

174

-12

61

-37

31

-4

67

-2

39

ED Alagoas

658

475

31

-114

-70

-151

48

-98

7

-21

ED Amazonas Energia

1.836

1.643

-43

-100

-631

-580

84

-43

5

-3

ED Piauí

621

431

-1

23

-69

-14

16

39

3

9

ED Rondônia

571

552

39

67

-17

38

57

83

10

15

ED Roraima

120

95

-88

-50

-101

-45

-83

-45

-69

-48

Celg D

2.282

- 

-70

- 

-391

- 

-11

- 

-1

- 

 

11

 

 
 

 

Marketletter 2Q15

 

 

IV.2.1 Financing and Loans – R$ Million

 

Financing and Loans

 

Local Currency (LC) +  Foreign Currency (FC)

 

 

Empresa Eletrobras

Eletrobras (a)

Others Creditors (b)

Total (a+b)

2015

2016

2017

2018

2019

2020

After 2020

2015

2016

2017

2018

2019

2020

After 2020

Eletronorte

175.76

316.22

315.80

262.42

237.39

229.64

1,554.41

109.99

181.69

106.00

104.18

104.00

101.93

898.49

4,697.92

Chesf

6.30

12.56

10.14

7.04

-

-

-

151.50

270.47

270.47

270.47

95.47

22.09

-

1,116.53

Furnas

331.00

218.00

488.00

473.00

451.00

470.00

2,576.00

253.00

109.00

587.00

1,513.00

554.00

554.00

448.00

9,025.00

Eletronuclear

33.95

60.22

108.40

135.64

138.11

138.11

836.56

1,081.96

36.53

77.27

83.23

89.67

96.59

2,683.30

5,599.54

Eletrosul

107.14(1)

103.17

235.75

240.18

235.92

225.59

873.32

172.27(1)

97.03

166.65

162.03

140.11

120.75

480.25

3,360.16

CGTEE

84.01

256.37

230.82

232.59

235.53

225.45

1,007.48

-

-

-

-

-

-

-

2,272.25

Itaipu Binacional

231.14

485.21

516.78

550.79

587.18

626.37

1,024.92

400.64

838.11

896.20

956.24

1,020.23

1,088.95

2,846.36

12,069.12

ED Acre

51.16

42.12

19.69

29.02

22.06

67.16

33.65

-

-

-

-

-

-

-

264.86

ED Alagoas

276.00

119.00

156.00

130.00

97.00

89.00

173.00

-

-

-

-

-

-

-

1,040.00

ED Amazonas Energia

652.70

198.50

313.20

260.20

208.40

196.40

318.20

-

-

-

-

-

-

-

2,147.60

ED Piauí

192.17

288.17

128.61

50.36

23.71

7.56

365.63

-

1.00

3.01

3.01

3.01

3.01

27.35

392.98

ED Rondônia

53.20

126.00

153.80

123.10

91.10

66.50

123.90

-

-

-

-

-

-

-

737.60

ED Roraima

5.54

5.48

6.02

6.13

5.03

4.57

8.57

-

-

-

-

-

-

-

41.34

Celg D

38.93

43.60

9.34

8.34

3.31

3.30

11.57

220.26

344.52

257.17

139.67

60.10

25.74

73.74

1,239.58

(1)Balance of the current liability

12

 

 
 

 

Marketletter 2Q15

 

 

IV.2.2 Analysis Results of Generation and Transmission Companies

 

IV.2.2.1 Eletronorte

 

The Company presented in 2Q15 a net result 83% lower than reported in the previous quarter, from a R$ 131 million profit in the 1Q15 for a R$ 21.8 million profit in 2Q15, mainly due to the factors described below.

 

Operating Revenue

 

Generation

 

The electric energy supply decreased by 3.5%, from R$ 990 million in 1Q15 to R$ 956 million in 2Q15, mainly due to seasonality energy sold in 1Q15.

 

Operating Expense

 

The spending on personnel, materials and services increased by 5.2%, from R$ 324 million in 1Q15 to R$ 340 million in 2Q15, mainly due to increased consumption bill of materials and third-part related services (manpower) contracted in the amount of R$ 10 million and R$ 12 million, respectively.

 

The electric energy purchased for resale increased by 29.2%, from R$ 409 million in 1Q15 to R$ 528.6 million in 2Q15, mainly due to the reduction in the average PLD price in the period, from R$ 369/MWh in 1Q15 to R$ 208/MWh in 2Q15, besides the reduction in the volume of electricity purchased.

 

The fuel for electricity production increased by 369.6%, from a neutral result in 1Q15 to an expense of R$ 68 million in 2Q15, mainly due to amounts related to purchase of fuel not reimbursed by the CCC account in 2Q15.

 

Financial Result

 

The debt charges increased by 138.4%, from R$ 79 million in 1Q15 to R$ 189 million in 2Q15, mainly due to the recognition of monetary restatement of dividends payable.

 

 

The account other financial income increased by 23.3%, from R$ 30 million in 1Q15 to R$ 37 million in 2Q15, mainly due to the recognition of interest income on the acquisition of equity interest and assets and liabilities of Eletrosul Centrais Elétricas SA in the amount of R$ 169 million.

 

The account other financial expenses decreased by 44%, from R$ 75 million in 1Q15 to R$ 42 million in 2Q15, mainly due to the decrease in losses on derivatives that in 1Q15 was R$ 54 million, while in 2Q15 was R$ 41 million.

 

The remuneration of indemnities presented a redution by 54%, from R$ 54 million in 1Q15 to R$ 25 million in 2Q15, mainly due to the restatement on the overdue amounts owed by the Government regarding the renewed concessions.

 

Equity Interests

 

The income from equity investments decreased by 51%, from a profit of R$ 38 million in 1Q15 to a profit of R$ 19 million in 2Q15, mainly due to the adjustment in shareholders' equity of the investee Green Line Transmitter SA Energy in 1Q15 in the amount of R$ 24 million.

 

IV.2.2.2 Chesf

 

The Company presented in 2Q15 a profit 70.6% lower than the one reported in the previous quarter, from a R$ 386.4 million profit in 1Q15 to a R$ 113.4 million profit in 2Q15, mainly due to the factors described below.

 

Operating Revenue

 

The company's operating revenue of R$ 908.9 million remained at the same level as in the first quarter of the year, R$ 915 million.

 

Generation

 

The electricity supply increased by 0.6%, from R$ 34 million in 1Q15 to R$ 34.2 million in 2Q15, mainly due to movement in the auction contracted in the Free Market Environment - ACL.

 

13

 

 
 

 

Marketletter 2Q15

 

The supply of electricity decreased by 6.0%, from R$ 239.7 million in 1Q15 to R$ 225.4 million in 2Q15, mainly due to entry of new contracts.

 

The short-term electric energy decreased by 22.2%, from a R$ 148.1 million revenue in the 1Q15 to a R$ 115.2 million revenue in 2Q15, due to reduced dispatch order by the National Operator System – ONS in Camaçari plant.

 

Transmission

 

The revenues from the transmission system (operation and maintenance) remained at the same level as the previous quarter.

 

Operating Expenses

 

The spending on personnel, materials and third-part related services increased by 16.6%, from R$ 247.9 million in 1Q15 to R$ 289.1 million in 2Q15, mainly due to variation under post-employment benefits and personal promotion in the period.

 

The electric energy purchased for resale decreased by 11.7%, from R$ 81.6 million in 1Q15 to R$ 72 million in 2Q15, mainly due to reduced purchasing power volume of ESBR Participações under contract.

 

The operating provisions increased by 1,304.2%, from a provision of R$ 12 million in 1Q15 to R$ 168.5 million in 2Q15, mainly due to the recognition of provisions relating to civil, notably on the K-factor (construction of HPU Xingó).

 

Financial Result

 

The remuneration of the indemnities of Law 12,783/13 decreased by 21.3%, from R$ 226.3 million in 1Q15 to R$ 178 million in 2Q15, mainly due to the reduction in the value of indemnities to receive.

 

Equity Interests

 

The result from equity investments increased by 220.8%, from a loss of R$ 13.8 million in 1Q15 to a revenue of  R$ 16.7 million in 2Q15, mainly due to a decrease in income from equity Chesf on its investment in Sustainable Energy of Brazil - HPU Jirau.

 

IV.2.2.3 Furnas

 

The Company presented in 2Q15 a net profit 149.6% lower than reported in the previous quarter, from R$ 411 million profit in 1Q15 to a loss of R$ 204 million in 2Q15, mainly due to the factors described below.

 

Operating Revenue

 

Generation

 

The short-term energy decreased by 101%, from R$ 260 million in 1Q15 to a net expense of R$ 2 million in 2Q15, mainly due to higher allocation of energy sales (seasonality) in 1Q15.

 

Transmission

 

The operating and maintenance revenues increased by 15%, from R$ 233 million in 1Q15 to R$ 268 million in 2Q15, mainly due to the increase in revenues of contract 062.

 

Operating Expenses

 

The spending on personnel, materials and third-party services fell by 14.5%, from R$ 386 million in 1Q15 to R$ 330 million in 2Q15, mainly due to the reduction in expenses with personnel (employees and contractors) according to the payment upfront of the first part of the 13th salary in 1Q15.

 

The electric energy purchased for resale increased by 146.6% from R$ 148 million in 1Q15 to R$ 365 million in 2Q15, mainly due to higher allocation of energy sales (seasonality) in 1Q15.

 

The operating provisions increased by 425%, from a reversal of R$ 59 million in 1Q15 to a provision of R$ 310 million in 2Q15, mainly due to the increase in R$ 35 million in labor provisions, R$ 117 million in Tax and R$ 109 million in Other (Civil, Environmental and Regulatory).

 

 

14

 

 
 

 

Marketletter 2Q15

 

Financial Result

 

The net exchange variations decreased by 43%, from a net expense of R$ 27 million in 1Q15 to a net revenue of R$ 20 million in 2Q15, mainly due to currency devaluation of long-term loans in foreign currency with BID (US Dollar) and Eximbank (Yen).

 

The account other financial income increased by 1,915%, from R$ 6 million in 1Q15 to R$ 113 million in 2Q15, mainly due to the receipt of contractual fines in April/2015 of R$ 106 million related to advances to suppliers ENGEVIX, INVERALL, ANDRITZ HIDRO and PRÁTICA ENGENHARIA.

 

The remuneration from indemnities was reduced by 25%, from R$ 163 million in 1Q15 to R$ 123 million in 2T15, mainly due to the variation of IPCA in the period together with the reduction of the outstanding balance resulting in a reduction in the amount of interest and in monetary variation of the installments.

 

Equity Interests

 

The income from equity investments decreased by 137%, from a loss of R$ 31 million in 1Q15 to a loss of R$ 75 million in 2Q15, mainly due to the reduction of MEP between the 1st and 2nd quarters of the following SPEs: Madeira Energia (R$ 26,593 thousand) and Teles Pires Participações (R$ 14,749 thousand).

 

IV.2.2.4 Eletrobras Eletronuclear

 

The Company had a net result in 2Q15 211.4% lower than reported in the previous quarter, from a R$ 123 million profit in 1Q15 to a loss of R$ 137 million in 2Q15, mainly due to the factors described below.

 

Operating Revenue

 

Generation

 

The electricity supply was reduced by 6%, from R$ 569 million in 1Q15 to R$ 534 million in 2Q15, mainly due to adjustments made due to the lower generation in prior years (variable portion).

 

 Operating Expense

 

The spending on personnel, materials and services increased by 14%, from R$ 205 million in 1Q15 to R$ 234 million in 2Q15, mainly due to increased material costs and service due to the scheduled stoppage of Angra 1.

 

The fuel for electricity production decreased by 19%, from R$ 88 million in 1Q15 to R$ 72 million in 2Q15, mainly due to reduced consumption due to the scheduled stoppage of Angra I.

 

Financial Result

 

The net exchange variations decreased by 279% from a net income of R$ 66 million in 1Q15 to a net expense of R$ 118 million in 2Q15, mainly due to increased debt in USD of the company.

 

The account other financial income increased by 114%, from R$ 73 million in 1Q15 to a reversal of R$ 10 million in 2Q15, mainly due to the adjustment to present value and remuneration of the decommissioning fund in the period.

 

IV.2.2.5 Eletrosul

 

The Company had a net result in 2Q15 542.5% lower than reported in the previous quarter, from R$ 69 million in 1Q15 to a loss of R$ 305.3 million in 2Q15, mainly due to the factors described below.

 

Operating Revenue

 

Generation

 

The revenues from the generation segment remained at the same level in the previous quarter, R$ 174.5 million in 2Q15, against R$ 179.5 million in 1Q15. This reduction is mainly explained by a change in sales as concession contracts, and a decrease of 4.0% in energy sold in the spot market (CCEE) arising from the acquired energy of HPU Jirau. This energy comes from the Power Purchase Agreement - PPA signed with SPE ESBR, which the company holds 20% stake.

 

 

15

 

 
 

 

Marketletter 2Q15

 

Transmission

 

The transmission segment revenues (operation and maintenance) remained at the same level as the previous quarter.

The construction revenue increased by 93.4%, from R$ 16.4 million in 1Q15 to R$ 31.7 million in 2Q15, which has correspondence of equal value in the construction expense, not affecting the company's results. Increased mainly due to construction projects related to Auction 004/2014 (Concession Agreement Aneel 01/2015).

 

Operating Expenses

 

The operating expenses in 2Q15 remained at the same level as the 1Q15, with an increase of 1.7%. Electric energy purchased for resale was the main item of variation, which decreased by 33.6%, from an expense of R$ 63.5 million in 1Q15 to an expense of R$ 42.2 million in 2Q15. This decrease is related mainly to the lower purchasing power due to the Power Purchase Agreement - PPA signed with the SPE ESBR, to service the requirement in hiring BNDES financing for the SPE.

 

Financial Result

 

The net financial result fell by 32.5%, from an expense of R$ 48.8 million in 1Q15 to an expense of R$ 32.9 million in 2Q15, mainly due to higher revenue from updates on the plots delay of indemnities relating to renewal of concessions. Partially offset by the 8.4% increase in charges on loans and financing (corrected by inflation index) and a reduction in the balance of payment of compensation of 12,783 Law in 15.2%, from R $ 52 million in 1Q15 to R$ 44 million in 2Q15 due to decrease in accounts receivable.

 

Equity Interests

 

The equity investments fell by 76.3%, from a loss of R$ 601 million in 1Q15 to a loss of R$ 142.2 million in 2Q15. This variation is due primarily to the increase in losses of SPEs ESBR (HPU Jirau), the Wind Power Plant Chui Holding, Livramento and Santa Vitória and the transmitor TSBE.

 

IV.2.2.6 CGTEE

 

The Company had a net loss in 2Q15 25% lower than reported in the previous quarter, from a loss of R$ 167 million in 1Q15 to a loss of R$ 125 million in 2Q15, mainly due to the factors described below.

 

Operating Revenue

 

The electric power supply revenue decreased by 52% compared to the previous quarter, from R$ 129 million in 1Q15 to R$ 62 million in 2Q15. This reduction was mainly because the Company continues without billing the 1st New Energy Auction, which has its balance shot by reimbursements to distributors. The amount of revenue in the first quarter was higher than in the second quarter depending on the Company's credit to settlements in the CCEE, bigger in the 1st quarter.

 

Operating Expenses

 

The electric energy purchased for resale decreased by 103%, from an expense of R$ 99 million in the 1Q15 to R$ 3 million in 2Q15, mainly due to the reversal of provisions made on the basis of reimbursement in Candiota III contracts.

 

Financial Result

 

The financial results of the 2Q15 remained at the same level as the result of 1Q15, with an improvement of 2%. The account debt charges was the main item of variation, which decreased by 5.4%, from an expense of R$ 78 million in 1Q15 to an expense of R$ 74 million in 2Q15. This decrease is related primarily to lower debt balance.

 

IV.2.2.7 Eletropar

 

The Company presented in 2Q15 a net profit 39% lower than reported in the previous quarter, from a R$ 1.4 million profit in 1Q15 to R$ 0.8 million in 2Q15, mainly due to the factors described below.

 

Operating Expenses

 

Spending on personnel, materials and third-party services increased by 2.4%, from R$ 0.83 million in 1Q15 to R$ 0.85 million in 2Q15, mainly due to higher personnel expenses, third-part related services and rents.

 

 

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Marketletter 2Q15

 

Financial Result

 

It remained at the same level as the previous quarter.

 

Equity Interests

 

The result from equity investments declined by 56.8%, from R$ 0.9 million in 1T15 to R$ 0.4 million in 2T15 due to the recognition of equity earnings lower than calculated in the 1T15 in the investee EMAE.

 

IV.2.3 Analysis of the Results of Distribution Companies

 

IV.2.3.1 Amazonas Energia

 

The Company presented in 2Q15 a net loss 523.6% higher than that registered in the previous quarter, from R$ 87.3 million in 1Q15 to R$ 544.1 million in 2Q15, mainly due to the factors described below.

 

Operating Revenue

 

The short-term electricity increased 17.7%, from a R$ 385 million in 1Q15 to R$ 544 million in 2Q15, mainly due to the interconnection of the company to the national interconnected system and the dispatch of thermal plants.

 

Operating Expense

 

The spending on personnel, materials and third-part related services increased by 12%, from R$ 150.7 million in 1Q15 to R$ 168.8 million in 2Q15, mainly due to new hires occurred in 2Q15.

 

The electric energy purchased for resale increased by 77.9%, from an expense of R$ 255 million in 1Q15 to an expense of R$ 454 million in 2Q15, mainly due to the fact that the company be with negative financial exposure, or is, the PLD applied in northern submarket was lower than applied in other submarkets, where energy is acquired.

 

Financial Result

 

The debt charges increased by 153.4%, from R$ 282 million in 1Q15 to R$ 434 million in 2Q15, mainly due to debt installments with fuel suppliers, which are monetary updated by the Selic rate (interest rate).

 

IV.2.3.2 Eletrobras Distribuição Acre

 

The Company had a net loss in 2Q15 107.6% lower than reported in the previous quarter, from R$ 40 million in 1Q15 to R$ 3 million in 2Q15, mainly due to the factors described below.

 

Operating Revenue

 

The supply of electricity increased by 30%, from R$ 109 million in 1Q15 to R$ 141 million in 2Q15, mainly due to the increase caused by the extraordinary tariff adjustment, as follows: 40% Industrial class and 20% in class low voltage, the effects of which started on March 2015, as well as tariff flag from January of this year.

 

Operating Expense

 

Spending on personnel, materials and third-part related services decreased by 4.5%, from R$ 22 million in 1Q15 to R$ 21 million in 2Q15, mainly due to reduction in outsourced services due to lower demand in the service duty as a result of heavy rains and floods and the 1Q15.

 

The electric energy purchased for resale decreased by 35%, from R$ 65 million in 1Q15 to R$ 42 million in 2Q15, mainly due to the sale of energy remains contracted in the market between the 1Q15 and 2Q15.

 

Financial Result

 

The net monetary update decreased by 279%, from an expense of R$ 2 million in 1Q15 to an expense of R$ 6 million in 2Q15, mainly due to debt renegotiation with Eletrobras and a reversal of R$ 4 million invested.

 

Others financial expenses increased 461%, from R$ 1 million in 1Q15 to R$ 8 million in 2Q15, mainly due to registers adjustments in previous periods.

 

 

17

 

 
 

 

Marketletter 2Q15

 

 IV.2.3.3 Eletrobras Distribuição Alagoas

 

The Company presented in 2Q15 a net profit 8.4% lower than reported in the previous quarter, from R$ 11 million in 1Q15 to a loss of R$ 80.5 million in 2Q15, mainly due to the factors described below.

 

Operating Revenue

 

The supply of electricity increased by 11.9%, from R$ 427 million in 1Q15 to R$ 478 million in 2Q15, mainly due to the tariff readjustment in 4.66% as of 03/02/2015, a increase of 2,939 consumer units and increased provision CVA to plead ANEEL in August 2015.

 

Operating Expense

 

The spending on personnel, materials and third-part related services increased by 21%, from R$ 48 million in 1Q15 to R$ 58 million in 2Q15, mainly due to the accounting for prior months of invoices relating to third-part services.

The electric energy purchased for resale decreased by 9%, from R$ 201 million in 1Q15 to R$ 183.5 million in 2Q15, mainly due to the increase in involuntary exposure in the spot market.

 

Financial Result

 

The moratorium increase over energy sold increased 251.2%, from a R$ 2 million in 1Q15 to a R$ 8 million in 2Q15, due to the receiving of late invoices on electricity sold.

 

The main component of the company's financial result was the adjustment over the regulatory asset provision related to the CVA, which decreased by 144.7%, from a R$ 24 million revenue in 1Q15 to an expense of R$ 11 million in 2Q15.

 

IV.2.3.4 Eletrobras Distribuição Piauí

 

The Company presented in 2Q15 a net loss 183.3% higher than that recorded in the previous quarter, from R$ 18 million in 1Q15 to R$ 51 million in 2Q15, mainly due to the factors described below.

 

Operating Revenue

 

The supply of electricity increased by 6%, from R$ 382 million in 1Q15 to R$ 405 million in 2Q15, mainly due to the occurrence of the red flag and the extraordinary tariff review (TEN / 2015) of 3.21% paid in 2Q15.

 

Operating Expense

 

The spending on personnel, materials and third-part related services increased by 27%, from R$ 53 million in 1Q15 to R$ 67 million in 2Q15, mainly due to the increase in third-part services in maintenance contracts and maintaining networks, reading, billing and delivery of bills.

 

The electricity purchased for resale increased by 17%, from R$ 169 million in 1Q15 to R$ 198 million in 2Q15, mainly due to the re-recording of the spot market - Proceeding No. 2,590/2015.

 

The electric network usage charges decreased by 82%, from R$ 15 million in 1Q15 to R$ 3 million in 2Q15, mainly due to the adjustment in accounting tariff flags as Letter 021/2015 - ANEEL.

 

Financial Result

 

The debt charges fell by 93.4%, from R$ 61 million in 1Q15 to R$ 4 million in 2Q15, mainly due to adjustments made in 2Q15 (chargebacks of releases made in 1Q15).

 

IV. 2.3.5 Eletrobras Distribuição Rondônia

 

The Company presented in 2Q15 a net profit 163% higher than reported in the previous quarter, from a loss of R$ 45 million in 1Q15 to R$ 28 million in 2Q15, mainly due to the factors described below.

 

Operating Revenue

 

The supply of electricity increased by 1%, from R$ 364.5 million in 1Q15 to R$ 368.3 million in 2Q15, mainly due to the tariff flags and energy over-coming of Termonorte II.

 

 

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Marketletter 2Q15

 

Operating Expense

 

The spending on personnel, materials and third-part related services decreased by 6.5%, from R$ 59.5 million in 1Q15 to R$ 56 million in 2Q15, mainly due to reduced spending on cross-functional teams.

 

The electricity purchased for resale decreased by 34%, from R$ 180 million in 1Q15 to R$ 118.5 million in 2Q15, mainly due to the reduction in the registers of Termonorte II cost and energy credits related to Law 12,111/2009.

 

Financial Result

 

Others financial income increased by 1,756.2%, from R$ 3.2 million in 1Q15 to R$ 59.4 million in 2Q15 mainly due to upgrade of CCC credits (Fuel Consumption Account).

 

IV. 2.3.6 Eletrobras Distribuição Roraima

 

The Company presented in 2Q15 a net loss 88.6% higher than that registered in the previous quarter, from R$ 35 million in 1Q15 to R$ 66 million in 2Q15, mainly due to the factors described below.

 

Operating Revenue

 

The supply of electricity decreased by 31.9%, from R$ 74.7 million in 1Q15 to R$ 50.9 million in 2Q15, mainly due to the reduction in consumption that occurred in the 2Q15.

 

Operating Expenses

 

The spending on personnel, materials and third-part related services increased by 3.9%, from R$ 19 million in 1Q15 to R$ 20 million in 2Q15, mainly due to increased use of third-part services in 2Q15.

 

The operational provisions fell by 38.6%, from R$ 30 million in 1Q15 to R$ 18.5 in 2Q15 mainly due to lower register of doubtful accounts provision.

 

Financial Result

 

The Increase Moratorium increased by 100%, now representing an expenditure only in 2Q15 in the amount of R$ 10 million, primarily due to interest and fines on energy purchased for resale.

 

The net monetary update decreased by 164.3%, from a R$ 7 million in 1Q15 to an expense of R$ 4.5 million in 2Q15, mainly due to debt update term with suppliers.

 

IV. 2.3.7 Celg D

 

The Company presented in 2Q15 a net loss of 68.3% lower than reported in the previous quarter, from R$ 297 million in 1Q15 to R$ 94 million in 2Q15, mainly due to the factors described below.

 

Operating Revenue

 

The supply of electricity increased by 7.9%, from R$ 1,572.5 million in 1Q15 to R$ 1,697.6 million in 2Q15, mainly due to the implementation of tariff flags.

 

Operating Expense

 

The spending on personnel, materials and third-part related services increased by 0.1%, from R$ 197.7 million in 1Q15 to R$ 197.8 million in 2Q15, mainly due to new hires occurred in 2Q15.

 

The electricity purchased for resale decreased by 3.5%, from R$ 778 million in 1Q15 to R$ 725 million in 2Q15 due to reduced consumption of electricity.

 

The electric network usage charges increased by 3%, from R$ 42.5 million in 1Q15 to R$ 43.5 million in 2Q15.

 

Financial Result

 

The debt charges increased by 125%, from R$ 24 million in 1Q15 to R$ 54 million in 2Q15, mainly due to new funding occurred.

 

 

 

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Marketletter 2Q15

 

 

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

1,401

9,215

588

-

90

11,203

Furnas

4,212

4,617

1,645

403

-

10,878

Eletronuclear

1,990

-

-

-

-

1,990

Eletrosul

428

-

700

-

164

1,128

CGTEE(2)

670

-

-

-

-170

670

Itaipu Binacional

7,000

-

-

-

-

7,000

Distribution Companies

2,207

-

-

-

-

2,207

Total

27,189

13,910

3,067

403

84

44,569

(1)The Artilleros wind farm was not included, because its na enterprise abroad.

(2) 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

10,005

2,072

602

12,786

Chesf

1,129

18,596

1,189

122

20,914

Furnas

1,148

18,759

1,361

0

21,267

Eletrosul

1,258

9,838

1,083

-500

12,179

Distribution Companies

701

-

-

-

701

Total

4,946

57,198

5,704

225

67,848

 


 

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Marketletter 2Q15

 

 

VI. Generation Data – Asset under Integral Responsability

 

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

Eletronorte

Complexo de Tucuruí

PA

Nov/84

Jul/24

8,535.00

4,140.00

10,800,855.04

13,267,920.20

HPU Samuel

RO

Jul/89

Sep/29

216.75

92.7

315,530.08

307,776.83

HPU Curuá-Una

PA

Jul/77

Jul/28

30.3

24

50,839.75

59,159.36

TPU 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

TPU Rio Branco I(2)

AC

Feb/98

Jul /20

18.65

-

-

0.00

TPU Rio Branco II(2)

AC

Apr/81

Jul /20

32.75

-

-

0.00

TPU Rio Acre

AC

Dec/94

Apr/25 

45.49

-

-

0.00

TPU – Santarém

PA

Jun/14

-

18.75

-

1,085.83

1,364.73

TPU Senador Arnon Afonso Farias de Mello(3)

RR

1ª Unit (mach. 2) dec/90;
2ª Unit (mach. 1) jun/91;
3ª Unit (mach. 3) dec/93

Aug/24

85.99

-

-

-

Chesf

Curemas

PB

Jun/57

Nov/24

3.52

1.00

-

-

Sobradinho

BA

Apr/79

Feb/22

1,050.30

531

478,415.53

2,291,746.33

Camaçari

BA

Feb/79

Aug/27

346.8

229.8

106,292.50

450,334.21

Furnas

Mascarenhas de Moraes

MG

Apr/73

Oct/23

476

295

232,477.00

90,292.87

Itumbiara

GO/MG

Feb/80

Feb/20

2,082.00

1,015.00

1,162,156.00

764,157.83

Simplício

RJ

Jun/13

Aug/41

305.7

191.30

155,833.00

88,638.16

Batalha

MG

May/14

Aug/41

52.5

48.8

55,625.00

61,114.59

Serra da Mesa (48.46%)

GO

Apr/98

Nov/39

1,275.00

671

433,694.00

367,211.99

Manso (70%)

MT

Oct/00

Feb/35

212

92

152,859.00

121,272.95

Santa Cruz (5)

RJ

Mar/67

Jul/15

500

401.2

649,013.00

670,063.33

Roberto Silveira (Campos)

RJ

Apr/77

Jul/27

30

21

37,561.00

39,593.40

Neblina (6)

MG

Apr/13

-

6.47

4.66

333.00

322.16

Sinceridade (6)

MG

Apr/13

-

1.42

0.35

148.00

285.23

Dona Rita (6)

MG

Jun/13

-

2.41

1.03

-

-

Eletronuclear

Angra I

RJ

Jan/85

Dec/24

640

509.8

993,895.75

560,970.67

Angra II

RJ

Sep/00

Aug/40

1,350

1,204.70

2,939,594.99

3,010,946.64

Eletrosul

HPU Passo São João

RS

Mar/12

Aug/41

77.00

41.1

125,958.70

124,412.45

HPU Mauá*

PR

Nov/12

Jul/42

177.9

96.9

354,147.00

329,915.71

HPU São Domingos

MS

Jun/13

Dec/37

48.00

36.4

51,318.60

84,080.10

SHU Barra do Rio Chapéu

SC

Feb/13

May/34

15.15

8.61

26,336.10

23,490.32

SHU João Borges

SC

Jul/13

Dec/35

19.00

10.14

20,902.00

14,540.91

WPP Cerro Chato I

RS

Nov/11

Aug/45

30.00

11.3

16,984.69

20,745.80

WPP Cerro Chato II

RS

Sep/11

Aug/45

30.00

11.3

18,134.97

21,878.12

WPP Cerro Chato III

RS

Jun/11

Aug/45

30.00

11.3

18,040.00

21,306.82

Megawatt Solar

SC

Sep/14

-

0.93

-

166.90

57.77

CGTEE

P. Médici (Candiota)

RS

Jan/74

Jul/15

320.00

183.40

160,764.64

130,382.83

Candiota III – Fase C

RS

Jan/11

Jul/41

350.00

262.40

439,814.33

443,554.11

S. Jerônimo (Candiota)

RS

Apr/53

Jul/15

-

-

-

-

Nutepa (Candiota)

RS

Feb/68

Jul/15

-

-

-

-

Itaipu Binacional

Itaipu Binacional

Brasil (Paraná) and Paraguay (Alto Paraná)

Mar/85

-

14,000

8,577

22,591,833.00

20,484,225.00

21

 

 
 

 

Marketletter 2Q15

 

(1) Order No. 223 of 01.28.2014 ANEEL, declares as unserviceable assets of TPU Rio Madeira.

(2) Order No. 136 of 01.21.2014 ANEEL, MME recommended to the extinction of the public service commitment of TPU’s Rio Branco I and II.

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

(4) Includes only the Furnas percentage for the other assets corresponds to the energy generated total plant.

(5) 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 still unavailable due the delay in the plant expansion works 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.

(6) Disregarding total consolidated installed capacity of Eletrobras. Under the responsibility of Furnas to completion of new tender for granting such power plants.

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




 

 

22

 

 
 

 

Marketletter 2Q15

 

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

Eletronorte

HPU Coaracy Nunes

AP

Oct/75

Dec/42

78.00

-

135,287.92

146,246.01

Chesf

Funil(1)

BA

Mar/62

Dec/42

30.00

10.91

7,834.98

5,631.67

Pedra

BA

Apr/78

Dec/42

20.00

3.74

2,649.02

2,644.14

Araras

CE

Feb/67

Jul/15

4.00

-

-

-

Paulo Afonso and Piloto Complex

BA

Jan/55

Dec/42

4,281.6

2,225.00

2,363,769.33

2,291,746.33

Luiz Gonzaga (Itaparica)

PE

Feb/88

Dec/42

1,479.6

959.00

1,014,696.06

988,915.58

Boa Esperança (Castelo Branco)

PI

Jan/70

Dec/42

237.3

143.00

266,113.33

245,714.13

Xingó

SE

Apr/94

Dec/42

3,162.00

2,139.00

2,665,746.94

2,548,700.84

Furnas

Furnas

MG

Mar/63

Dec/42

1,216.00

598.00

360,680.00

71,766.65

Luis Carlos Barreto (Estreito)

SP/MG

Jan/69

Dec/42

1,050.00

495.00

491,199.00

169,333.96

Porto Colômbia

MG/SP

Mar/73

Dec/42

320.00

185.00

306,127.00

204,114.50

Marimbondo

SP/MG

Apr/75

Dec/42

1,440.00

726.00

567,597.00

384,963.84

Funil

RJ

Apr/69

Dec/42

216.00

121.00

90,133.00

111,047.42

Corumbá I

GO

Apr/97

Dec/42

375.00

209.00

306,875.00

523,445.45

Eletronuclear

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

CGTEE

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

 

23

 

 
 

 

Marketletter 2Q15

 

VI.1.3.Energy Sold

 

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

 

Company

Buyer

1Q15

2Q15

R$ Million

MWh

R$ Million

MWh

Eletronorte

Eletrobras System

103.80

575,676.51

103.10

572,769.61

Others

1,162.61

7,942,064.53

1,141.74

7,810,885.37

Chesf

Eletrobras System

-

-

-

-

Others

234.60

2,095,530.00

256.70

2,147,781.00

Furnas

Eletrobras System

55.97

274,029.39

67.34

340,353.97

Others

950.10

4,367,723.50

928.32

4,129,298.62

Eletronuclear

Eletrobras System

34.32

208,946.99

34.32

211,170.85

Others

527.24

3,209,688.25

527.24

3,243,849.67

Eletrosul

Eletrobras System

-

-

-

-

Others

85.35

474,196.47

83.78

456,031.68

CGTEE

Eletrobras System

170.44

938,011.16

171.93

922,504.94

Others

-

-

-

-

Itaipu Binacional

Eletrobras System

732.40

19,226,577.00

752.00

18,021,994.00

Others

90.40

3,207,190.00

71.00

2,323,007.00

 

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

 

Company

Buyer

1Q15

2Q15

R$ Million

MWh

R$ Million

MWh

Eletronorte

Eletrobras System

19.96

282,872.94

12.94

217,145.71

Others

-

-

-

-

Chesf

Eletrobras System

25.80

932,065.00

26.60

941,985.00

Others

294.90

10,695,351.00

303.90

10,763,316.00

Furnas

Eletrobras System

7.06

248,945.19

8.33

304,239.28

Others

136.28

4,807,924.47

131.35

4,806,451.76

Eletronuclear

Eletrobras System

-

-

-

-

Others

-

-

-

-

Eletrosul

Eletrobras System

-

-

-

-

Others

-

-

-

-

CGTEE

Eletrobras System

-

-

-

-

Others

-

-

-

-

Itaipu Binacional

Eletrobras System

-

-

-

-

Others

-

-

-

-

 

 

24

 

 
 

 

Marketletter 2Q15

 

VI.1.3.3 CCEE Settlement (Spot and MRE)

Company

Net

R$ Million

MWh

1Q15

2Q15

1Q15

2Q15

Eletronorte

-380.75

-157.18

2,514,303.26

5,040,505.98

Chesf

148.13

115.24

361,132.63

343,802.51

Furnas

258.07

170.19

-

-

Eletronuclear

n/a

n/a

n/a

n/a

Eletrosul

62.94

21.97

346,025.47

263,177.19

CGTEE

15.64

55.29

45,860.57

112,996.00

Itaipu Binacional

n/a

n/a

n/a

n/a

 

VI.1.4 Energy purchased for Resale

 

Company

Buyer

1Q15

2Q15

R$ Million

MWh

R$ Million

MWh

Eletronorte

Eletrobras System

-

-

-

-

Others

429.16

1,416,839.00

480.80

1,224,556.00

Chesf (1)

Eletrobras System

-

-

-

-

Others

101.47

571,899.40

87.48

472,215.33

Furnas

Eletrobras System

18.42

117,592.33

16.19

103,360.74

Others

297.39

1,269,673.55

244.45

1,193,032.66

Eletronuclear

Eletrobras System

n/a

n/a

n/a

n/a

Others

n/a

n/a

n/a

n/a

Eletrosul(2)

Eletrobras System

3.90

4,818.44

-

-

Others

86.94

387,516.81

95.71

411,597.38

CGTEE

Eletrobras System

46.76

291,735.00

47.25

294,840.00

Others

-

-

-

-

Itaipu Binacional

Eletrobras System

n/a

n/a

n/a

n/a

Others

n/a

n/a

n/a

n/a

(1)  Due to the extension of the dry season, power generation HPP Dardanelos plant was affected, needing to resort to short-term energy market (CCEE) to ensure energy delivery contratcted.

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

n/a – not applicable

VI.1.5 Average Rate

 

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

 

Eletrobras Companies

1Q15

2Q15

Eletronorte

148.68

148.48

Chesf

111.96

119.5

Furnas(1)

216.74

222.76

Eletronuclear

167.27

162.53

Eletrosul

179.99

183.72

CGTEE

159.82

186.37

Itaipu Binacional(2)

22.60

22.60

(1)  The variation in the average price of contracts of Sale of Electricity of FURNAS is due to the change in the portfolio of our contracts with the end of CCEARs of Products 2007/2014 and 2014/2014, the early procurement of products 2014/2019 (in May 2014) and 2015/2017, as well as new contracts ACL started in 2015, all agreed on more favorable commercial terms.

(2)  Amounts in US$/KW.

 

 

25

 

 
 

 

Marketletter 2Q15

 

VI.1.5.2 Enterprises renewed by 12,783/13 Law – O&M 

 

Eletrobras Companies

1Q15

2Q15

Eletronorte

70.55

59.59

Chesf

27.58

28.24

Furnas

28.34

27.33

Eletronuclear

n/a

n/a

Eletrosul

n/a

n/a

CGTEE

n/a

n/a

n/a – not applicable

 

VI.1.6 Fuel Used for Electric Energy Production

 

Eletrobras Companies

Type

Unit

1Q15

2Q15

Amount

R$ Million

Amount

R$ Million

Eletronorte

Special Diesel Oil

Litre

40,354,000.00

110,939,027.68

20,785,000.00

59,043,988.50

Chesf

Diesel Oil

Litre

-

2.09

-

-

Gas

m3

36,440,473.00

68.67

34,842,391.11

65.65

Furnas

Special Diesel Oil

Litre

-

-

-

-

Fuel Oil B1

Ton

-

-

-

-

Diesel Oil

Litre

-

-

-

-

Gas

m3

408,708,083.00

143.78

407,794,636.00

133.80

Eletronuclear

Uranium

kg

53,697.00

88,933.00

43,582.89

72,182.00

Eletrosul

-

-

n/a

n/a

n/a

n/a

CGTEE

Coal

Ton

569,561.56

28.58

595,569.29

29.06

Fuel Oil

kg

5,300,840.00

10.09

6,949,730.00

11.74

Diesel Oil

Litre

7,900.00

0.12

26,200.00

0.06

Itaipu Binacional

-

-

n/a

n/a

n/a

n/a

 

 

 

 

 

 

 

 

 

26

 

 
 

 

Marketletter 2Q15

 

VII. Transmission Data – Assets under Integral Responsability

 

VII.2.1.1 Transmission Lines Extension – Enterprises renewed by 12,783/13 Law - Km(1)

 

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

-

161

-

323

-

1,148

Eletronuclear

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Eletrosul

-

-

987

-

-

-

271

-

-

1,258

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

-

161

2,488

337

308

4,945

  (1) proportional to Eletrobras participation.

 

 VII.2.1.1 Transmission Lines Extension – Enterprises not renewed by 12,783/13 Law - Km

 

Eletrobras Companies

765 KV

600 KV

525 KV

500 KV

440 KV

345 KV

230 KV

138 KV

<138 KV

Total

Eletronorte

-

-

-

3,243

-

-

5,618

959

185

10,005

Chesf

-

-

-

5,204

-

-

12,619

463

311

18,596

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

-

-

3,072

-

-

-

4,847

1,851

69

9,838

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

3,072

12,452

-

6,145

25,013

5,477

730

57,198

 

VII.2.2 Transmission Losses - %   

 

Eletrobras Companies

1Q15

2Q15

Eletronorte

0.97

1.22

Chesf

1.90

2.28

Furnas

2.31

2.11

Eletronuclear

n/a

n/a

Eletrosul

1.53

1.40

CGTEE

n/a

n/a

 

 

 

27

 

 
 

 

Marketletter 2Q15

 

 

VII.2.3 Substation   

 

VII.2.3.1 Substation - Eneterprise renewed in terms of 12,783/13 Law

 

Company

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

200.60

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

266.50

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

201.65

RR

Jul/01

Dec/42

Chesf (1)

SS Elev. Plant Apolonio Sales

480.00

AL

Feb/77

Dec/42

SS Elev. Plant Luiz Gonzaga

1,665.00

PE

May/88

Dec/42

SS Elev. Plant Paulo Afonso I

202.50

BA

Jan/55

Dec/42

SS Elev. Plant Paulo Afonso II

495.00

BA

Jan/62

Dec/42

SS Elev. Plant Paulo Afonso III

960.00

BA

Jan/71

Dec/42

SS Elev. Plant Paulo Afonso IV

2,700.00

BA

Nov/79

Dec/42

SS Elev. Plant Piloto

3.00

BA

Jan/53

Dec/42

SS Elev. Plant Xingó

3,330.00

SE

Nov/94

Dec/42

SS Elev. Plant de Araras

5.00

CE

Feb/60

Dec/42

SS Elev. Plant B. Esperança

280.00

PI

Mar/70

Dec/42

SS Elev. Plant de Funil

43.20

BA

Jan/59

Dec/42

SS Elev. Plant de Pedra

27.00

BA

Nov/78

Dec/42

SS Pau Ferro

301.00

PE

Aug/02

Dec/42

SS Paraiso

200.00

RN

Feb/04

Dec/42

SS Bom Nome

388.00

PE

Oct/63

Dec/42

SS Irecê

229.00

BA

Sep/81

Dec/42

SS Milagres

1,520.00

CE

Jan/64

Dec/42

SS Mirueira

401.00

PE

Aug/78

Dec/42

SS Moxotó

20.00

BA

Jan/72

Dec/42

SS Mulungú

10.00

BA

May/75

Dec/42

SS Sobradinho

900.00

BA

Oct/79

Dec/42

SS Sobral II

400.00

CE

Nov/73

Dec/42

SS Tacaimbó

301.00

PE

Jun/85

Dec/42

SS Cícero Dantas

101.00

BA

May/56

Dec/42

SS Açu II

378.00

RN

Nov/89

Dec/42

SS Angelim

310.00

PE

Jan/56

Dec/42

SS Angelim II

-

PE

Jan/80

Dec/42

SS Bongi

490.00

PE

May/56

Dec/42

SS Campina Grande II

410.00

PB

May/64

Dec/42

SS Itapebi

-

BA

Jan/03

Dec/42

SS Funil

550.00

BA

Jan/56

Dec/42

SS Senhor Do Bonfim II

333.34

BA

May/81

Dec/42

SS Eunápolis

400.00

BA

Sep/98

Dec/42

SS Picos

173.00

PI

Jul/92

Dec/42

SS Modelo Reduzido

12.50

BA

Jan/67

Dec/42

SS Mossoró II

300.00

RN

Jan/77

Dec/42

SS Barreiras

401.00

BA

Jun/96

Dec/42

SS Sto. Antonio de Jesus

201.00

BA

Mar/97

Dec/42

SS Icó

200.00

CE

May/97

Dec/42

SS Mussuré II

401.00

PB

Mar/79

Dec/42

SS Paulo Afonso

-

AL

Mar/74

Dec/42

SS Penedo

302.00

AL

May/97

Dec/42

SS Cauípe

201.00

CE

Mar/01

Dec/42

SS Pici II

400.00

CE

May/05

Dec/42

SS Piripiri

297.00

PI

Aug/73

Dec/42

SS Pituaçu

402.00

BA

Mar/83

Dec/42

SS Santa Cruz II

100.00

RN

Mar/63

Dec/42

SS Banabuiú

121.00

CE

Jan/64

Dec/42

SS Currais Novos II

92.00

RN

Nov/75

Dec/42

SS Santana dos Matos II

50.00

RN

Nov/75

Dec/42

SS Coremas

300.00

PB

Dec/90

Dec/42

SS Fortaleza

405.00

CE

Jan/64

Dec/42

SS Joairam

451.00

PE

Jul/06

Dec/42

SS Juazeiro da Bahia II

302.00

BA

Apr/81

Dec/42

SS Matatu

380.00

BA

Jan/65

Dec/42

SS Natal II

401.00

RN

Jan/79

Dec/42

SS Itabaianinha

73.00

SE

Feb/96

Dec/42

SS Pirapama II

400.00

PE

Feb/72

Dec/42

SS Russas II

300.00

CE

Nov/82

Dec/42

SS Elizeu Martins

101.00

PI

Jan/06

Dec/42

SS Boa Esperança 230 Kv

110.00

PI

Mar/70

Dec/42

SS Boa Esperança 500 Kv

300.00

PI

Nov/80

Dec/42

SS Xingó 500 Kv

-

SE

Nov/94

Dec/42

SS Paulo Afonso IV

1,200.00

AL

Jan/79

Dec/42

SS Recife II

2,410.00

PE

Jan/79

Dec/42

SS S. João do Piaui

418.00

PI

Nov/80

Dec/42

SS Zebu

38.00

AL

Nov/76

Dec/42

SS Abaixadora

110.00

BA

Oct/67

Dec/42

SS Bom Jesus da Lapa

162.00

BA

Sep/81

Dec/42

SS Gov. Mangabeira

200.00

BA

Mar/60

Dec/42

SS Quixadá

-

CE

Jul/03

Dec/42

SS Jacaracanga

301.00

BA

Jan/82

Dec/42

SS Ribeirão

300.00

PE

Oct/94

Dec/42

SS Rio Largo II

301.00

AL

Dec/62

Dec/42

SS Messias

1,201.00

AL

Nov/94

Dec/42

SS Camaçari II

2,605.00

BA

Jan/79

Dec/42

SS Catu

300.00

BA

May/56

Dec/42

SS Cotegipe

302.00

BA

Jan/56

Dec/42

SS Teresina

590.00

PI

Apr/70

Dec/42

SS Fortaleza II

1,800.00

CE

May/00

Dec/42

SS Goianinha

300.00

PE

Jan/61

Dec/42

SS Teresina II

900.00

PI

May/00

Dec/42

SS Delmiro Gouveia

401.00

CE

Jun/89

Dec/42

SS Maceió

400.00

AL

Sep/02

Dec/42

SS Itabaiana

223.00

SE

May/57

Dec/42

SS Itaparica

10.00

PE

Jan/83

Dec/42

SS Jardim

1,601.00

SE

Aug/79

Dec/42

SS Sobral III

1,200.00

CE

Apr/00

Dec/42

SS Xingó 69 Kv

12.50

SE

Jan/87

Dec/42

SS Olindina

40.00

BA

Apr/80

Dec/42

SS Luiz Gonzaga 500kv

-

PE

May/88

Dec/42

Furnas (2)

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

ReSSnde

-

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

SS - Campos Novos

2,466.00

SC

Sep/82

Dec/42

SS – Caxias

2,016.00

RS

Dec/01

Dec/42

SS – Gravataí

2,016.00

RS

Sep/82

Dec/42

SS - Nova Santa Rita

2,016.00

RS

Aug/09

Dec/42

SS – Blumenau

1,962.00

SC

Apr/79

Dec/42

SS – Curitiba

1,344.00

PR

Oct/80

Dec/42

SS – Londrina

1,344.00

PR

Apr/88

Dec/42

SS - Santo Ângelo

1,344.00

RS

Dec/99

Dec/42

SS – Biguaçu

300.00

SC

Apr/08

Dec/42

SS – Joinville

691.00

SC

Nov/74

Dec/42

SS – Areia

672.00

PR

Aug/80

Dec/42

SS – Xanxerê

600.00

SC

Jun/83

Dec/42

SS – Itajaí

525.00

SC

Jan/02

Dec/42

SS - Jorge Lacerda "A"

399.80

SC

Jun/73

Dec/42

SS – Palhoça

384.00

SC

Jan/84

Dec/42

SS - Canoinhas

375.00

SC

Feb/88

Dec/42

SS – Siderópolis

352.00

SC

Apr/75

Dec/42

SS - Assis (3)

336.00

SP

Mar/79

Dec/42

SS - Joinville Norte

300.00

SC

Jun/09

Dec/42

SS – Dourados

300.00

MS

Nov/87

Dec/42

SS - Atlântida 2

249.00

RS

May/07

Dec/42

SS - Caxias 5 (3)

215.00

RS

Jun/05

Dec/42

SS - Passo Fundo

168.00

RS

Nov/92

Dec/42

SS - Tapera 2

166.00

RS

Mar/05

Dec/42

SS - Gravataí 3

165.00

RS

Nov/07

Dec/42

SS – Desterro

150.00

SC

Dec/08

Dec/42

SS – Anastácio

150.00

MS

Aug/94

Dec/42

Uruguaiana frequency converter

109.70

RS

Sep/94

Dec/42

SS – Ilhota

100.00

SC

Dec/76

Dec/42

SS – Farroupilha

88.00

RS

Jun/73

Dec/42

SS – Charqueadas

88.00

RS

Jan/72

Dec/42

SS – Alegrete

83.00

RS

May/71

Dec/42

SS – Itajaí - Extension

75.00

SC

Sep/14

Dec/42

SS – Florianópolis

75.00

SC

Dec/74

Dec/42

SS – Salto Osório

33.30

PR

Oct/75

Dec/42

SS – Salto Santiago

15.00

PR

Nov/80

Dec/42

SS – Itararé

42.00

SC

May/13

Dec/42

CGTEE

n/a

n/a

n/a

n/a

n/a

 

(1)SSs Bela Vista and Campina Grande I  were transferred to Energisa, as Aneel Authorizing Resolution 4,462/2013.

(2) Total Transformation Capacity (MVA Total) = operating reserve capacity + capacity + capacity under review.

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


28

 

 
 

 

Marketletter 2Q15

 

VII.2.3.2 Substation – Enterprise not renewed in terms of 12,783/13 Law

 

 

Company

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

300.3

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

SS Elev. Plant de Curemas

5

PB

Jan/68

Nov/24

SS Elev. Plant Term. Camaçari

400

BA

Sep/78

Aug/27

SS Elev. Plant de Sobradinho

1,200

BA

Oct/79

Feb/22

SS Tauá II

202

CE

Dec/07

Mar/35

SS Ibicoara

410

BA

Jan/11

Jun/37

SS Pilões II

-

PB

Oct/12

Dec/42

SS Santa Rita II

300

PB

Jul/12

Aug/39

SS Suape III

300

PE

Jul/12

Jan/39

SS Coteminas

-

PB

Dec/09

Dec/42

SS Natal III

300

RN

Aug/12

Aug/39

SS Zebu II

200

AL

Jul/12

Aug/39

SS Brotas de Macaubas

-

BA

Jul/12

Dec/42

SS Brumado

-

BA

Aug/10

Jul/40

SS Camaçari IV

2,400

BA

Nov/12

Jul/40

SS Sapeaçu

-

BA

May/03

Jul/40

SS Suape II

1,200

PE

Dec/12

Jan/39

SS Arapiraca III

100

AL

Jun/13

Oct/40

SS Extremoz II

150

RN

Feb/14

Nov/40

SS João Câmara

360

RN

Feb/14

Nov/40

SS Acaraú

200

CE

Apr/14

Nov/40

SS Igaporã

300

BA

Jun/14

Nov/40

SS Jaguarari

-

BA

Jan/80

Jul/15

SS Floresta II (1)

-

PE

Oct/14

-

SS Tacaratu (1)

-

PE

Dec/14

-

SS Quixerê (1)

-

CE

Nov/14

-

SS Aquiraz II

-

CE

Dec/13

-

SS Pecém II

-

CE

Oct/13

-

SS Ceará Mirim II

-

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

5,074.99

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 (2)

1544

RJ

Jun/67

Jul/15

São Gonçalo

42.5

RJ

Jul/77

(3)

Serra da Mesa

2,693.08

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

SS – Missões

150

RS

Nov/10

Jan/39

SS – Biguaçu

1,344

SC

Apr/08

Mar/35

SS – Foz do Chapecó(4)

150

RS

Dec/12

Oct/40

SS – Caxias 6

330

RS

Aug/12

Oct/40

SS – Ijuí 2

166

RS

Apr/13

Oct/40

SS – Lageado Grande (4)

75

RS

Nov/12

Oct/40

SS – Nova Petrópolis 2

83

RS

Nov/12

Oct/40

SS Biguaçu –extension

150

SC

Oct/12

Dec/42

SS Tapera 2 - extension

83

RS

Nov/12

Dec/42

SS Joinville Norte - extension

150

SC

Sep/13

Dec/42

SS Nova Santa Rita – extension

672

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) Affected but not yet extended.

(3) Extension denied.

(4) Transformers installed in third substations.



 

29

 

 
 

 

Marketletter 2Q15

 

VIII.Distribution Data

 

VIII.1 Distribution Data

 

Company

Extension of Distribution Lines (Km)

Number of Customers

Number of Municipalities Assisted

Substations

ED Acre

19,191

243,730

22

15

ED Alagoas

48,106

1,035,674

62

55

ED Amazonas Energia

41,840

886,714

102

40

ED Piauí

87,634

1,156,750

224

84

ED Rondônia

57,610

586,225

52

61

ED Roraima

3,525

104,395

01

03

Celg-D

212,099

2,765,305

237

327

 

VIII.2 Energy Sold – MWh

 

Company

1S15

1S14

ED Acre

446,444

430,096

ED Alagoas

1,729,866

1,687,600

ED Amazonas Energia

3,021,345

2,930,790

ED Piauí

1,491,784

1,546,989

ED Rondônia

1,419,072

1,434,639

ED Roraima

365,293

337,315

Celg D

5,871,376

-

Total

14,345,180

8,367,429

(1) Do not consider the amount of “Own Consumption”.

(2) Do not consider the short term energy.

 

VIII.2.1 Energy Sold by Consumer Class

 

Class

1Q15

2Q15

R$ Million

MWh

R$ Million

MWh

Residential

335,118,647.97

2,840,173.22

355,825,833.34

2,788,429.87

Industrial

194,122,209.53

1,310,093.25

243,439,834.44

1,305,064.26

Commercial, services and others activities

195,097,471.17

1,528,354.58

223,693,537.25

1,522,364.58

Rural

55,664,110.62

465,038.79

79,162,224.24

474,906.46

Public Utilities

32,412,639.31

433,666.85

38,870,273.05

467,960.91

Public Ilumination

34,196,629.70

351,525.43

43,092,031.38

356,564.22

Public service

27,998,783.38

252,036.41

34,524,111.33

249,001.60

Own Consumption

891,566.82

10,934.18

362,851.84

10,723.67

Total

875,502,058.51

7,191,822.71

1,018,970,696.86

7,175,015.58

 

 

30

 

 
 

 

Marketletter 2Q15

 

VIII.3 Energy purchased for resale

 

Company

Buyer

1Q15

2Q15

R$ Million

MWh

R$ Million

MWh

ED Acre

Eletrobras System

22.00

277,529.00

19.00

280,405.00

Others

63.00

44,761.00

53.00

46,808.00

ED Alagoas

Eletrobras System

120.80

728,639.00

208.71

703,712.00

Others

80.50

485,758.00

139.14

469,142.00

ED Amazonas Energia

Eletrobras System

NA

1,519.00

NA

1,859.88

Others

24.40

8,608.00

25.3

10,795.00

ED Piauí

Eletrobras System

36.38

496,579.00

36.79

502,096.00

Others

147.69

594,206.00

163.50

621,921.00

ED Rondônia

Eletrobras System

401,068.00

1,070.38

6,599.00

82,008.00

Others

-

-

514,272.00

969,102.00

ED Roraima

Eletrobras System

42,440.19

205,332.00

41,867.25

203,318.95

Others

-

-

-

-

Celg D

Eletrobras System

234.50

1,452,136.00

256.72

1,590,718.52

Others

519.10

1,840,030.00

599.56

1,802,680.73

 

VIII.4 Network Expansion – number of new connections

 

Company

1Q15

2Q15

ED Acre

3,252

3,278

ED Alagoas

18,665

2,939

ED Amazonas Energia

7,222

7,800

ED Piauí

12,594

11,761

ED Rondônia

3,290

5,378

ED Roraima

1,885

n/a

Celg D

22,204

28,304

 

VIII.5 Fuel used to produce electric energy

 

Company

Type (Unit)

1Q15

2Q15

Amount

R$ Million

Amount

R$ Million

ED Acre

Diesel Oil (L)

n/a

n/a

n/a

n/a

Gas (m3)

n/a

n/a

n/a

n/a

ED Alagoas

Diesel Oil (L)

n/a

n/a

n/a

n/a

Gas (m3)

n/a

n/a

n/a

n/a

ED Amazonas

Diesel Oil (L)

72,482,200.40

1,014.30

65,970,718.00

962.20

Gas (m3)

n/a

n/a

n/a

n/a

Celg D

Diesel Oil (L)

n/a

n/a

n/a

n/a

Gas (m3)

n/a

n/a

n/a

n/a

ED Piauí

Diesel Oil (L)

n/a

n/a

n/a

n/a

Gas (m3)

n/a

n/a

n/a

n/a

ED Rondônia

Diesel Oil (L)

n/a

n/a

n/a

n/a

Gas (m3)

n/a

n/a

n/a

n/a

ED Roraima

Diesel Oil (L)

n/a

n/a

n/a

n/a

Gas (m3)

n/a

n/a

n/a

n/a

n/a – not applicable.

 

 

31

 

 
 

 

Marketletter 2Q15

 

VIII.6 Quality Indicators and Operational Performance

 

Company

DEC/ Stoppage Duration –

hours

FEC Stoppage Frequency

TMA – Average Time of Assistence –

minutes

Losses (%)

Technical

Commercial

ED Acre

28.64

18.66

435.27

9.85

13.94

ED Alagoas

16.61

11.33

239.39

10.34

13.90

ED Amazonas Energia

19.72

12.51

294.50

1.40

37.88

ED Piauí

15.41

10.84

366.98

12.08

17.08

ED Rondônia

17.59

13.72

255.98

11.15

13.11

ED Roraima

8.31

10.75

100.16

7.04

4.44

Celg D

7.32

4.67

279.60

9.80

2.62

 

VIII.7 Default

 

Class

ED
Acre

ED
Alagoas

ED Amazonas
Energia

ED
Piauí

ED Rondônia

ED Roraima

Celg D

Total

Public Utilities

12.73

42.17

25.85

-

31.455

13.75

10.85

136.81

Industrial

2.77

20.01

27.13

8.645

26.151

0.07

16.44

101.22

Residential

20.86

92.57

110.66

30.179

66.524

0.55

82.53

403.87

Commercial, services and others activities

7.38

30.77

40.69

31.371

25.196

0.15

29.82

165.38

Others

26.30

39.35

37.35

139.792

23.49

26.46

28.37

321.11

Total

70.04

224.87

241.69

209.99

172.82

40.98

168.01

1,128.40

 

 

 

 

 

 

 

 

32

 

 
 

 

Marketletter 2Q15

 

IX.Employees  - Effective Headcount

 

IX.1 By Department

 

Company

Administrative

Operational

Eletronorte

1,263

1,770

Chesf

1,501

3,041

Furnas

1,030

2,465

Eletronuclear

554

1,680

Eletrosul

534

783

CGTEE

133

496

Itaipu Binacional

1,447

712

ED Acre

159

104

ED Alagoas

155

866

ED Amazonas Energia

523

1,582

ED Piauí

555

632

ED Rondônia

248

470

ED Roraima

134

144

Celg D

593

1,338

Eletropar

05

-

Total

8,833

16,083

 

IX.2 Complementary Work-force

 

Empresa Eletrobras

1Q15

2Q15

Eletronorte

376

370

Chesf

n/a

n/a

Furnas

1,327

1,327

Eletronuclear

n/a

n/a

Eletrosul

n/a

n/a

CGTEE

444

445

Itaipu Binacional

n/a

n/a

ED Acre

63

n/a

ED Alagoas

1,031

1,031

ED Amazonas Energia

1,725

1,725

ED Piauí

1,683

1,912

ED Rondônia

1,055

1,193

ED Roraima

208

208

Celg D

4,967

4,971

Eletropar

06

05

Total

12,885

13,182

 

 

33

 

 
 

 

Marketletter 2Q15

 

X. Investments Eletrobras Companies

 

X.1 Total Investment – R$ Million

 

Generation

1Q15

2Q15

2015 Budget

Eletronorte

3.13

4.00

54.48

Chesf(1)

13.30

23.40

556.20

Furnas

28.79

13.08

247.91

Eletronuclear(2)

327.29

664.31

3,726.38

Eletrosul

13.89

15.90

279.81

CGTEE

10.00

3.00

172.00

Itaipu Binacional(3)

1.97

0.71

N/A

ED Amazonas Energia

7.30

45.15

300.75

 

Transmission

1Q15

2Q15

2015 Budget

Eletronorte

35.67

49.52

1,068.74

Chesf(1)

154.10

142.83

1,298.60

Furnas

80.04

94.78

876.46

Eletrosul

19.97

34.23

163.41

ED Amazonas Energia

1.91

3.02

51.55

 

Distribution

1Q15

2Q15

2015 Budget

ED Acre

9.42

8.17

117.46

ED Alagoas

20.10

27.30

193.60

ED Amazonas Energia

25.58

40.12

384.04

ED Piauí

23.54

28.76

313.61

ED Rondônia

31.52

30.33

368.40

ED Roraima

4.51

5.36

50.25

Celg D

64.27

74.20

350.68

 

 

34

 

 
 

 

Marketletter 2Q15

 

Others

1Q15

2Q15

2015 Budget

Eletronorte

5.41

7.14

72.10

Chesf(1)

10.50

12.44

150.60

Furnas

12.12

11.17

172.83

Eletronuclear

3.35

3.97

24.59

Eletrosul

1.96

2.94

78.69

CGTEE

-

-

4.00

Itaipu Binacional(3)

4.60

3.88

NA

ED Acre

-

0.12

3.94

ED Alagoas

-

0.90

22.30

ED Amazonas Energia

2.03

2.05

40.04

ED Piauí

0.17

0.21

28.23

ED Rondônia

1.09

0.27

10.15

ED Roraima

-

0.34

6.57

Celg-D

 

 

 

(1) The budgeted amount is higher than R$ 128.5 million to the originally approved by Annual Budget Act (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)  The amounts in the Generation segment refers to the works of infra structure installation common to both units, computer programs and equipments.                   

(3)  Amounts in U$ million.

 

 

35

 

 
 

 

Marketletter 2Q15

 

X.2 New Investments

 

X.2.1 Generation

 

X.2.1.1 Integral Responsability

 

Company

Unit

State

Investment (R$ Million)

Installed Capacity (MW)

Energy Assured (MW)

Operation

Construction

End of Concession

Total

Up to 2Q15

Chesf

WPP Casa Nova I

BA

800

656.1

180

61.4

Oct/16(1)

May/12

Jan/46

WPP Casa Nova II

BA

102.5

1.7

28

7.1

Dec/17

Dec/15

May/49(2)

WPP Casa Nova III

BA

93.1

1.4

24

5.5

Dec/17

Dec/15

May/49(2)

Furnas

SHU Anta

RJ/MG

 

2,296.6
Basis: Dec/08(3)

2.473,6(3)

28

191.3(3)

Forecasted:

GU1: Aug/2015

GU2: Mar/2016(4)

Mar/07

Aug/41

Eletronuclear

Angra 3

RJ

14,882(5)

6,324.1(6)

1,405

1.214.2

Dec/18

Jul/08

Dec/58(7)

Eletrosul

SHU Santo Cristo(8)

SC

227.47

17.97

19.50

10.5

-

-

Jun/42

SHU Coxilha Rica(9)

SC

- 

10.08

18.00

10.1

-

-

Jun/42

Cerro Chato – Wind farms Capão do Inglês, Coxilha Seca and Galpões

RS

270

221.4

48

18.7

Aug/15

Jul/14

May/49

ED Amazonas Energia

TPU Mauá 3

AM

1,054.33

44.2

379.76

589.61

nov/17

Jul/01

Apr/14

(1) Oct/16: beginning of operation of 36 aerial generators; and Oct/17: full operation (120 aerial generators)

(2) According to MME Ordinances 220 from 05.26.2014 and 225 from 05.28.2014

(3) Includes Simplicio, which is current under operation.

(4) Dates under review as DE.E.032.2015 correspondence, 01.07.2015 , sent to ANEEL. It is worth mentioning that the contract supplier consortium was canceled. Thus, a new bidding process will be held.

(5) Considers only direct costs

(6) Considers direct and indirect costs

(7) There is no operation license yet for Angra 3. It is considered 40 years the same for Angra 2 (Dec/2058)

(8) Under installation License phase. Early planned operation for 22 months after issuance of the Installation License.

(9) Beginning of construction and operation indefinite in order of the negative opinion of Historic and Artistic  Institute - IPHAN.

 

36

 

 
 

 

Marketletter 2Q15

 

X.2.1.2 Special Proposed Company

 

SPE

Unit

Eletrobras Companies (%)

State

Installed Capacity (MW)

Energy Assured (MW)

Operation

Construction

End of Concession

Investment (R$ million)

Working Schedule (%)

Partners

Total

Up to 2Q15

Norte Energia S.A.

HPU Belo Monte

Eletronorte (19.98%)
Chesf (15%)

PA

11,233.1

4,571.0

Nov/15

Aug/11

Aug/45

Final Working Basis: 33,230.00
April Basis/10: 25,885.00

23,593.81

74.30

Eletrobras Holding (15.00%)

Privados (50.02%)

Cia. Energética Sinop S.A.

HPU Sinop

Eletronorte (24.5%)
Chesf (24.5%)

MT

400.0

239.8

Jan/18

Dec/13

Dec/47

1,804.81

504.00

29.00


EDFNT (51.00%)

ESBR Participações S.A.

HPU Jirau(1)

Chesf (20%)
Eletrosul (20%)

RO

3,750.0

2,184.6

Sep/13

Dec/09

Aug/43

18,968.90

18,665.30

98.00

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

WPP Caiçara I S.A.(2)

WPP Caiçara I

Chesf (49%)

RN

27.0

13.5

Jan/16

Jul/14

Jun/47

141.40

97.46

68.56

Eletronorte (24.5%)
EDF UTE Norte Fluminense (51.0%)

WPP Caiçara II S.A.(2)

WPP Caiçara II

Chesf (49%)

RN

18.0

9.3

Jan/16

Jul/14

Jul/47

94.27

64.97

62.53

Envolver Participações (51%)

WPP Junco I S.A.(2)

WPP Junco I

Chesf (49%)

RN

24.0

12.1

Jan/16

Jul/14

Jul/47

125.69

86.63

77.20

Envolver Participações (51%)

WPP Junco II S.A(2)

WPP Junco II

Chesf (49%)

RN

24.0

11.1

Jan/16

Jul/14

Jul/47

125.69

86.63

65.63

Envolver Participações (51%)

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

WPP Santa Joana IX

Chesf (49%)

PI

30.0

15.8

Jul/15

Mar/14

Apr/49

106.70

97.82

100.00

Envolver Participações (51%)

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

WPP Santa Joana X

Chesf (49%)

PI

30.0

16.0

Jul/15

Mar/14

Apr/49

104.20

98.80

100.00

Contour Global (36.0%)
SalusFip (14.9%)
Ventos de Santa Joana (0.1%)

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

WPP Santa Joana XI

Chesf (49%)

PI

30.0

16.0

Jul/15

Mar/14

Apr/49

128.80

117.01

100.00

Contour Global (36.0%)
SalusFip (14.9%)
Ventos de Santa Joana (0.1%)

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

WPP Santa Joana XII

Chesf (49%)

PI

30.0

16.9

Jul/15

Mar/14

Apr/49

104.40

101.02

100.00

Contour Global (36.0%)
SalusFip (14.9%)
Ventos de Santa Joana (0.1%)

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

WPP Santa Joana XIII

Chesf (49%)

PI

30.0

16.0

Jul/15

Mar/14

Apr/49

128.60

115.48

100.00

Contour Global (36.0%)
SalusFip (14.9%)
Ventos de Santa Joana (0.1%)

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

WPP Santa Joana XV

Chesf (49%)

PI

30.0

16.2

Jul/15

Mar/14

Apr/49

126.10

115.97

100.00

Contour Global (36.0%)
SalusFip (14.9%)
Ventos de Santa Joana (0.1%)

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

WPP Santa Joana XVI

Chesf (49%)

PI

30.0

17.4

Jul/15

Mar/14

Apr/49

104.00

31.00

41.00

Contour Global (36.0%)
SalusFip (14.9%)
Ventos de Santa Joana (0.1%)

Baraúnas I Energética S.A.

WPP Baraúnas I

Chesf (49%)

BA

29.7

12.4

Sep/15

Mar/14

Apr/49

104.00

31.00

41.00

Brennand Energia S.A. (50.9%)
Brennand Energia Eólica (0.1%)

Mussambê Energética S.A.

WPP Mussambê

Chesf (49%)

BA

29.7

11.5

Sep/15

Mar/14

Apr/49

104.00

31.00

41.00

Brennand Energia S.A. (50.9%)
Brennand Energia Eólica (0.1%)

Morro Branco I Energética S.A.

WPP Morro Branco I

Chesf (99.96%)

BA

29.7

12.7

Sep/15

Mar/14

Apr/49

51.50

16.75

5.00

Brennand Energia S.A. (50.9%)
Brennand Energia Eólica (0.1%)

Caititú 2 Energia S.A.

WPP Caititú 2

Chesf (99.96%)

BA

14.0

5.1

Mar/16

May/15

Apr/49

51.50

16.75

5.00

Sequóia (0.04%)

Caititú 3 Energia S.A.

WPP Caititú 3

Chesf (99.95%)

BA

14.0

4.7

Apr/16

May/15

Apr/49

42.70

13.40

5.00

Sequóia (0.04%)

Teiú 2 Energia S.A.

WPP Teiú 2

Chesf (99.9%)

BA

14.0

4.2

Mar/16

May/15

Apr/49

28.70

6.70

5.00

Sequoia (0.05%)

Arapapá Energia S.A.

WPP Arapapá

Chesf (99.96%)

BA

10.0

2.2

Apr/16

May/15

Apr/49

51.50

16.75

5.00

Sequóia (0.1%)

Carcará Energia S.A.

WPP Carcará

Chesf (99.96%)

BA

10.0

4.6

Mar/16

May/15

Apr/49

51.50

16.75

5.00

Sequóia (0.04%)

Corrupião 3 Energia S.A.

WPP Corrupião 3

Chesf (99.93%)

BA

14.0

4.2

Mar/16

May/15

Apr/49

34.40

10.05

5.00

Sequóia (0.04%)

Acauã Energia S.A.

WPP Acauã

Chesf (99.96%)

BA

12.0

3.1

Mar/16

May/15

Apr/49

51.50

16.75

5.00

Sequóia (0.00668%)

Angical 2 Energia S.A.

WPP Angical 2

Chesf (99.98%)

BA

14.0

5.1

Mar/16

May/15

Apr/49

78.20

23.34

8.00

Sequóia (0.04%)

Banda de Couro Energética S.A.

WPP Banda de Couro

Chesf (99.96%)

BA

29.7

12.9

May/18

Jan/15

Jul/49

66.60

14.60

8.00

Sequóia (0.0238%)

Baraúnas II Energética S.A.

WPP Baraunas II

Chesf (49%)

BA

21.6

7.8

May/18

Jan/15

Jul/49

89.10

25.16

5.00

Sequóia (0.04%)

Coqueirinho 2 Energia S.A.

WPP Coqueirinho 2

Chesf (49%)

BA

20.0

8.5

Mar/16

May/15

Jun/49

75.60

4.50

-

Sequóia (51%)

Papagaio Energia S.A.

WPP Papagaio

Chesf (49%)

BA

18.0

4.9

Mar/16

May/15

Jun/49

104.00

3.00

-

Brennand Energia S.A. (50.9%)
Brennand Energia Eólica (0.1%)

Tamanduá Mirim 2 Energia S.A.

WPP Tamanduá Mirim 2

Chesf (49%)

BA

24.0

8.0

Mar/16

May/15

Jun/49

124.40

43.40

24.02

Brennand Energia S.A. (50.9%)
Brennand Energia Eólica (0.1%)

Eólica Serra das Vacas I S.A.

WPP Serra das Vacas I

Chesf (49%)

PE

30.0

12.2

Jan/16

Aug/14

Jun/49

122.60

41.20

24.27

PEC Energia (51%)

Eólica Serra das Vacas II S.A.

WPP Serra das Vacas II

Chesf (49%)

PE

30.0

9.9

Jan/16

Aug/14

Jun/49

122.60

38.10

22.91

PEC Energia (51%)

Eólica Serra das Vacas III S.A.

WPP Serra das Vacas III

Chesf (49%)

PE

30.0

11.0

Jan/16

Aug/14

Jun/49

122.60

41.80

24.96

PEC Energia (51%)

Eólica Serra das Vacas IV S.A.

WPP Serra das Vacas IV

Chesf (49%)

PE

30.0

10.5

Jan/16

Aug/14

Jun/49

143.90

78.10

74.00

PEC Energia (51%)

V. de Santa Joana I Energia Renováveis S.A.

WPP Santa Joana I

Chesf (49%)

PI

30.0

14.7

Jan/16

Jun/14

Jun/49

121.00

77.50

74.00

Contour Global (46.0%)
SalusFip (4.9%)
Ventos de Santa Joana (0.1%)

V. de Santa Joana III Energia Renováveis S.A.

WPP Santa Joana III

Chesf (49%)

PI

30.0

14.3

Jan/16

Jun/14

Jun/49

138.70

80.40

74.00

Contour Global (46.0%)
SalusFip (4.9%)
Ventos de Santa Joana (0.1%)

V. de Santa Joana IV Energia Renováveis S.A.

WPP Santa Joana IV

Chesf (49%)

PI

30.0

14.2

Jan/16

Jun/14

Jun/49

144.50

82.00

74.00

Contour Global (46.0%)
SalusFip (4.9%)
Ventos de Santa Joana (0.1%)

V. de Santa Joana V Energia Renováveis S.A.

WPP Santa Joana V

Chesf (49%)

PI

30.0

14.1

Jan/16

Jun/14

Jun/49

143.50

89.70

74.00

Contour Global (46.0%)
SalusFip (4.9%)
Ventos de Santa Joana (0.1%)

V. de Santa Joana VII Energia Renováveis S.A.

WPP Santa Joana VII

Chesf (49%)

PI

30.0

14.8

Jan/16

Jun/14

Jun/49

144.40

79.80

74.00

Contour Global (46.0%)
SalusFip (4.9%)
Ventos de Santa Joana (0.1%)

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

WPP Santo Augusto IV

Chesf (49%)

PI

30.0

15.7

Jan/16

Jun/14

Jun/49

144.40

79.80

74.00

Contour Global (46.0%)
SalusFip (4.9%)
Ventos de Santa Joana (0.1%)

Cia. Hidrelétrica Teles Pires

HPU Teles Pires

Furnas (24.72%)
Eletrosul (24.72%)

MT

1,819.8

915.4

May/15 (4)

Aug/11

Jun/46

4,507.74

4,402.13

99.7

Eletrosul(24.72%)
Neoenergia (50.56%)
Odebrecht Part. Invest. (0.09%)

Madeira Energia S.A.

HPU Santo Antônio

Furnas (39%)

MT

3,568.3

2,424.2

Mar/12

Aug/08

Jun/43

20,587.0

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.

HPU São Manoel

Furnas (33.33%)

MT/PA

700.0

421.7

May/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

Jun/17 (5)

Aug/15 (5)

May/47

85,8

8.30

2.50

PF Participações (51.00%)

Central Geradora Eólica Pau Brasil S.A.

Pau Brasil

Furnas (49%)

CE

15.0

7.7

Jun/17 (5)

Aug/15 (5)

Mar/47

57,2

5.50

2.50

PF Participações (51.00%)

Central Geradora Eólica Rosada S.A.

Rosada

Furnas (49%)

RN

30.0

13.4

Aug/16 (5)

Aug/15 (5)

May/47

107,3

10.40

2.50

PF Participações (51.00%)

Central Geradora Eólica São Paulo S.A.

São Paulo

Furnas (49%)

CE

17.5

8.1

Jun/17 (5)

Aug/15 (5)

Mar/47

64,4

6.20

2.50

PF Participações (51.00%)

Energia dos Ventos V

São Januário

Furnas (49%)

CE

19.2

9.0

Jun/17 (5)

Aug/15 (5)

Jun/47

12,05

7.70

12.00

Alupar(50.99%)
Central Eólica Goiabeira (0.01%)

Energia dos Ventos VI

Nossa Senhora de Fátima

Furnas (49%)

CE

28.8

12.8

Aug/17 (5)

Aug/15 (5)

Aug/47

18,08

10.50

12.00

Alupar(50.99%)
Central Eólica Goiabeira (0.01%)

Energia dos Ventos VII

Jandaia

Furnas (49%)

CE

28.8

14.1

Sep/17 (5)

Aug/15 (5)

Aug/47

18 ,08

10.60

12.00

Alupar(50.99%)
Central Eólica Goiabeira (0.01%)

Energia dos Ventos VIII

São Clemente

Furnas (49%)

CE

19.2

9.3

May/17 (5)

Aug/15 (5)

Jul/47

12,05

7.70

12.00

Alupar(50.99%)
Central Eólica Goiabeira (0.01%)

Energia dos Ventos IX

Jandaia I

Furnas (49%)

CE

19.2

9.9

Mar/17(5)

Aug/15 (5)

Jul/47

85.20

12.05

12.00

Alupar(50.99%)
Central Eólica Goiabeira (0.01%)

Bom Jesus Eólica S.A.

Bom Jesus

Furnas (49%)

CE

18.0

8.1

Jul/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

12.0

5.0

Jul/16 (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

18.0

7.2

Jul/16 (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

11.0

Sep/16 (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

18.0

7.7

Jul/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%)

São Galvão Eólica S.A.

São Galvão

Furnas (49%)

CE

22.0

9.5

Jul/16 (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

22.0

9.4

Jul/16 (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

18.0

7.3

Jul/16 (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

16.0

7.5

Jul/16(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

24.0

10.1

Jul/16 (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

16.0

7.1

Jul/16 (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

12.0

5.6

Jul/16 (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

24.0

11.0

Jul/16(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

15.0 

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

30.0

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

25.0

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

20.0

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

28.0

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

24.0

10.3

Dec/17 (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

28.0

13.0

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

28.0

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

28.0

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

28.0

14.0

May/18(5)

Mar/17(5)

Sep/49

144.90

1.60

1.80

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

28.0

14.2

May/18(5)

Apr/17 (5)

Sep/49

144.90

1.60

1.80

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

28.0

14.7

May/18 (5)

Mar/17 (5)

Sep/49

144.90

1.60

1.80

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

28.0

13.6

May/18 (5)

Mar/17 (5)

Sep/49

144.90

1.60

1.80

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

28.0

15.2

May/18(5)

Mar/17(5)

Sep/49

144.90

1.60

1.80

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

28.0

16.1

May/18(5)

Mar/17(5)

Sep/49

144.90

1.60

1.80

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

28.0

14.4

May/18(5)

Mar/17(5)

Sep/49

144.90

1.60

1.80

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

28.0

14.7

May/18 (5)

Mar/17 (5)

Sep/49

144.90

1.60

1.80

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

28.0

15.0

May/18(5)

Mar/17(5)

Sep/49

144.90

1.60

1.80

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

28.0

13.8

May/18(5)

Mar/17(5)

Sep/49

144.90

1.60

1.80

Salus Fundo de Investimento em Participações (49.00%)
Casa dos Ventos Energias Renováveis S.A. (2.00%)

Eólica –Livramento Holding S.A. (8)

Wind Farms de Cerro Chato IV, V, VI, Ibirapuitã and Trindade

Eletrosul (52.53%)

RS

79.2

29.0

Nov/13

Jan/12

Mar/47

440.98

406.57

(8)

Rio Bravo Investimentos - 41%
Fundação Elos – 6.47%

Hermenegildo I

Wind Farms Verace 24 to 27

Eletrosul (99.99%)

RS

57.3

27.4

Aug/15

Aug/14

Jun/49

287.26

237.28

97.60

Renobrax – 0.01%

Hermenegildo II

Wind Farms Verace 28 to 31

Eletrosul (99.99%)

RS

57.3

26.6

Aug/15

Aug/14

Jun/49

287.26

196.88

83.90

Renobrax – 0.01%

Hermenegildo III

Wind Farms Verace 34 to 36

Eletrosul (99.99%)

RS

48.3

22.2

Aug/15

Aug/14

Jun/49

244.90

169.30

80.10

Renobrax – 0.01%

Chuí IX

Wind Farm Chuí IX

Eletrosul (99.99%)

RS

17.9

7.8

Sep/15

Aug/14

May/49

98.07

85.40

50.00

Renobrax – 0.01%

                             

 

37

 

 
 

 

Marketletter 2Q15

 

(1) Operating with 2,400 MW.

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

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

(4) Of the 05 generating units of this HPP, two 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) It has 03 generating units available to operate up to 06/15. However, awaiting completion of the transmission system, scheduled for Sep/15.

(7) There are wind turbines in recovery / survey a result of accident. Completion of the projects is scheduled for May/15 and Jun/15, however, the commercial operation depends on the transmission line.

(8) 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.

 

38

 

 
 

 

Marketletter 2Q15

 

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)

Operation

End of Concession

Eletronorte

Jorge Teixeira – Lechuga (AM) TL H

49.7

30

230

Feb/14

Jul/40

Jorge Teixeira – Lechuga (AM) SS Lechuga (auction 02/12)

69.8

30

230

Mar/15(1)

May/42

Chesf

Eunápolis/Teixeira Freitas II C1

30.09

145

230

Feb/16

Oct/38

Funil/Itapebi C3

41.07

223

230

Jun/16

Apr/37

Eunápolis/Teixeira Freitas II C2

44.15

152

230

Feb/16

Aug/39

Pau Ferro/Santa Rita II

34.00

85

230

Jul/16

Aug/39

Paraiso/Açu II, C3

59.48

123

230

Jan/16

Nov/40

Açu/Mossoró II, C2

59.48

69

0

Jan/16

Nov/40

Sobral III/Acaraú II

25.87

97

230

Jun/15

Nov/40

Morro do Chapéu II/Irecê

22.13

65

230

Dec/15

Oct/41

Paraíso/Lagoa Nova II

33.11

65

230

Sep/15

Oct/41

Teresina II/Teresina III

13.76

26

230

Feb/16

Dec/41

Recife II/Suape II, C2

61.12

44

230

Feb/17

Dec/41

Camaçari IV/Sapeaçu

84.29

105

230

Sep/16

Dec/41

Sapeaçu/Sto.Antonio de Jesus

84.29

31

230

Jul/16

Dec/41

Jardim/ N Sra do Socorro

13.6

1,3

230

Sep/15

May/42

Messias/ Maceió II

13.6

20

230

Nov/15

May/42

Camaçari IV/Pirajá

47.07

45

230

Jun/16

May/42

Pituaçú/Pirajá

47.07

5

230

Jun/16

May/42

kV Mossoró II/ Mossoró IV

81.74

40

230

Feb/16

Jun/42

Ceará Mirim II/Touros

81.74

56,17

230

Dec/15

Jun/42

Russas II/ Banabuiu C2

81.74

110

230

Jul/16

Jun/42

Igaporã II – Igaporã III C1 and C2

77.5

4

230

Aug/15

Jun/42

Igaporã III – Pindaí II

77.5

46

230

Aug/15

Jun/42

Furnas

TL Bom Despacho 3 – Ouro Preto 2(2)

120.1
Basis: Dec/08

180

500

(3)

Jan/39

TL Mascarenhas – Linhares and SS Linhares(4)

67.2
Basis: Dec/08

99

230

Oct/15

Jul/40

TL Mascarenhas – Linhares and SS Linhares(4)

67.2
Basis: Dec/08

99

230

Oct/15

Jul/40

Eletrosul

Port. TL JLA – PAL, in SS GAROPABA

7.61

5.4

138

Scheduled
Dec/15

Dec/42

Port. TL JLA – PAL, in SS PALHOÇA – PINHEIRA

6.33

3.7

138

Scheduled
Sep/15

Dec/42

Port. of TL Passo Fundo / Monte Claro

9.36

11

230

Scheduled
Mar/15

Dec/42

Port. TL Araquari Hyosung – Joinville GM, in SS Joinville SC

3.55

1

138

Scheduled
Sep/15

Dec/42

Port. Porto Primavera - Ivinhema, in SS IVINHEMA 2, Double circuit

2.6

3.5

138

Scheduled
Jan/16

Jan/44

Port. PORTO PRIMAVERA - IVINHEMA, in SS NOVA ANDRADINA (Enersul)

7.32

11

138

Scheduled
Jan/16

Dec/42

Interconnection electric Brasil – Uruguai – TL Candiota-Melo

52.36

60

525

(5)

Feb/40

Interconnection electric Brasil – Uruguai – TL Presidente Médici-Candiota

7.82

2.8

230

(5)

Feb/40

Port. TL Blumenau - Palhoça, in SS Gaspar 2

5.29

2

230

Scheduled
Sep/16

Dec/42

TL Gravataí-Capivari do Sul

87.02

83

525

Scheduled Mar/18

Mar/45

TL Viamão 3-Capivari do Sul

45.47

65

230

Schuduled Mar/18

Mar/45

TL Guaíba 3-Capivari do Sul

201.87

178

525

Schuduled Mar/18

Mar/45

TL SaTLo Osório 3 - Gravataí 3

46.31

66

230

Schuduled Mar/18

Mar/45

TL Porto Alegre 8 - Porto Alegre 1

23.78

3.4

230

Schuduled Mar/18

Mar/45

TL Porto Alegre 12 - Porto Alegre 1

24.5

4

230

Schuduled Mar/18

Mar/45

TL Livramento 3 - Alegrete 2

64.22

125

230

Schuduled Mar/18

Mar/45

TL Livramento 3-Cerro Chato

7.05

10

230

Schuduled Mar/18

Mar/45

TL Livramento 3 - Santa Maria 3

128.56

247

230

Schuduled Mar/18

Mar/45

TL Livramento 3 - Maçambará 3

103.55

205

230

Schuduled Mar/18

Mar/45

TL Guaíba 3 – Gravataí Circuito 1

148.69

127

525

Schuduled Mar/18

Mar/45

TL Guaíba 3-Guaíba 2 C1

14.66

19

230

Schuduled Mar/18

Mar/45

TL Guaíba 3-Guaíba 2 C2

14.62

19

230

Schuduled Mar/18

Mar/45

TL Guaíba 3 Candiota 2 Circuit 2

458.96

279

525

Schuduled Mar/18

Mar/45

TL Povo Novo C2-Guaíba 3

232.53

245

525

Schuduled Mar/18

Mar/45

TL Santa Vitória do Palmar 2-Marmeleiro 2 Circuit 2

53.54

48

525

Schuduled Mar/18

Mar/45

TL Marmeleiro 2-Povo Novo

165.15

152

525

Schuduled Mar/18

Mar/45

TL Guaíba 3 -Nova Santa Rita C2

57.09

40

525

Schuduled Mar/18

Mar/45

Port. Lagoa dos Barros-Osório 2

1.84

4

230

Schuduled Mar/18

Mar/45

Port. to Intel SS Vila Maria C1 (CEEE)

1.5

0.5

230

Schuduled Mar/18

Mar/45

Port. to Intel SS Vila Maria C2 (CEEE)

1.51

0.5

230

Schuduled Mar/18

Mar/45

Secc. LT JLA – PAL, na SE GAROPABA

7.61

5.4

138

Schuduled Dec/15

Dec/42

           

 

39

 

 
 

 

Marketletter 2Q15

 

(1)     The line is completed and available for operation start since May/14. However, the associated substations were energized in March / 15.

(2)     It is constituted by 500 kV Bom Despacho 3 - Ouro Preto 2, the SS Bom Despacho 3 (Cemig) - C and Ouro Preto 2 (Cemig) - 3A.

(3)     It is ready to go into commercial operation, only awaiting the issuance of the Operating License.

(4)     It is constituted by TL 230 kV Mascarenhas - Linhares, the SS Mascarenhas (Escelsa) and Linhares (Escelsa).

(5)     The transmission line was energized in Jul/15, with forecast to operate 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

SS 230/69 kv Polo

17.18

100

BA

Aug/15

Oct/40

SS 230 kv Morro do Chapéu

24.33

150

BA

Dec/15

Oct/41

SS 230 kv Lagoa Nova

51.22

300

RN

Sep/15

Oct/41

SS 230 kv Ibiapina

51.22

200

CE

Feb/16

Oct/41

SS 230/69 kv Teresina III

29.21

400

PI

Feb/16

Dec/41

SS 230/69 kv N.S. Socorro

94.43

300

SE

Sep/15

May/42

SS 230/69 kv Maceió II

94.43

400

AL

Nov/15

May/42

SS 230/138 kv Poções II

94.43

200

BA

Jul/15

May/42

SS 230/69 kv Pirajá

30.57

360

BA

Jun/16

May/42

SS 230/69 kv Mirueira II

68.77

300

PE

Jul/15

May/42

SS 230/69 kv Jaboatão II

68.77

300

PE

Mar/16

May/42

SS 230 kv Touros

46.18

150

RN

Dec/15

Dec/42

SS 230 kv Mossoró IV

46.18

100

RN

Feb/16

Dec/42

SS 500/230 kv Igaporã III

99.44

2,050

BA

Aug/15

Jun/42

SS 230 kv Pindaí II

99.44

2,050

BA

Aug/15

Jun/42

SS 230/138 kV Teixeira de Freitas II

17.91

100

BA

Feb/16

Oct/38

Eletrosul

SS Garopaba – Implementation of 2 EL modules

6.23

-

SC

Scheduled Dec/15

Dec/42

SS Palhoça Pinheira – Implementation of 2 EL modules

4.99

-

SC

Scheduled Sep/15

Dec/42

SS Nova Prata 2 – Implementation of 2 EL modules

9.47

-

RS

Scheduled Aug/15

Dec/42

SS Gaspar – Implementation of 2 line entrance modules

10.52

-

SC

Scheduled Sep/16

Dec/42

SS Joinville SC – Implementation of 2 line entrance modules

5.13

-

SC

Scheduled Sep/15

Dec/42

SS Ivinhema 2 (extension/ 230/138 kV)

24.03

300

MS

Scheduled Jan/16

Jan/44

SS Siderópolis – extension K – Implementation of 1 line entrance modules in 69 KV

1.53

-

SC

Scheduled Dec/15

Dec/42

SS Biguaçu – Extension “G” – 230/138/13,8 KV

14.68

150

SC

Scheduled Apr/16

Dec/42

SS Biguaçu - Extension "J"

40.79

672

SC

Scheduled Sep/16

Mar/35

SS Biguaçu - Extension "M" – Bar Reactors Bench 525 kV (3+1 reserve) x 50 MVAr and connection 525kV

34.17

-

SC

Scheduled Jun/17

Mar/35

SS Canoinhas - Extension "G"

5.91

50

SC

Scheduled Sep/16

Dec/42

SS Desterro - Extension "A"

11.94

150

SC

Scheduled Sep/16

Dec/42

SS Joinville Norte - Extension "E"

11.77

150

SC

Scheduled Sep/16

Dec/42

SS Lageado Grande II – Implementation of 2nd self transformer 230/138 kV - 75 MVA and connections 230kV and 138kV.

12.26

75

SC

Scheduled Nov/16

Oct/40

SS Nova Andradina (Enersul) - Implementation of 2 line entrance modules 138 Kv

5.05

-

MS

Scheduled Jan/16

Dec/42

SS Canoinhas - Extension "F"

7.93

150

SC

Scheduled Jan/18

Dec/42

SSs Reinforcement: Gravataí, Gravataí 2, Salto Osório, Curitiba, Areia

3.4

-

PR

Scheduled Aug/15

Dec/42

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

1.47

-

RS and SC

Jul/05

Dec/42

SS Viamão 3 EL 230

7.66

-

RS

Scheduled Mar/18

Mar/45

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

181.44

1,096

RS

Scheduled Mar/18

Mar/45

SS Gravataí EL 525

22.97

-

RS

Scheduled Mar/18

Mar/45

SS Alegrete 2 (CCEE) EL 230 KV

8.06

-

RS

Scheduled Mar/18

Mar/45

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

47.24

150

RS

Scheduled Mar/18

Mar/45

SS Gravataí 3 EL 230 OSO3

8.03

-

RS

Scheduled Mar/18

Mar/45

SS 230 kV Osório 3

24.17

-

RS

Scheduled Mar/18

Mar/45

SS 230 kV Porto Alegre 1 – 230/69 kV

57.87

166

RS

Scheduled Mar/18

Mar/45

SS Porto Alegre 12 EL 230 (Jardim Botânico)

9.14

-

RS

Scheduled Mar/18

Mar/45

SS Porto Alegre 8 EL 230

9.14

-

RS

Scheduled Mar/18

Mar/45

SS Cerro Chato EL 230 KV

4.61

-

RS

Scheduled Mar/18

Mar/45

SS Povo Novo 2EL 525 GUA3 MRO2

46.71

-

RS

Scheduled Mar/18

Mar/45

SS 230 kV Livramento 3 - compensator (-100/+100) MVAr

118.75

-

RS

Scheduled Mar/18

Mar/45

SS 230 kV Maçambará 3

43.51

-

RS

Scheduled Mar/18

Mar/45

SS Santa Maria 3 EL 230 KV

9.6

-

RS

Scheduled Mar/18

Mar/45

SS Guaíba 2 EL 230 KV

12.49

-

RS

Scheduled Mar/18

Mar/45

SS 525/230 kV Candiota 2 – with ATR transformation and bar reactors 525 kV (6+1 res) x 224 MVA – (3+1 res) x50 MVAr

108.3

1,768

RS

Scheduled Mar/18

Mar/45

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

220.28

1,568

RS

Scheduled Mar/18

Mar/45

SS Marmeleiro 2 2EL 525 SPA2 PNO

49.45

-

RS

Scheduled Mar/18

Mar/45

SS Nova Santa Rita EL 525 GUA3

8.99

-

RS

Scheduled Mar/18

Mar/45

SS Sta Vitória do Palmar 2EL 525 MRO2

17.03

-

RS

Scheduled Mar/18

Mar/45

 

 

  

 

 

X.2.2.2 Special Proposed Company

 

X.2.2.2.1 Transmission Lines

 

SPE

From - To

Eletrobras Companies (%)

Investiment (R$ Million)

Lines Extension (km)

Tension
(kV)

Operation

End of Concesion

Total

Up to 2Q15

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) and Equador (RR) - Boa Vista (RR), Double circuit and SS Equador (RR) Boa Vista (RR)

Eletronorte (49%)

1,193.88

259.51

715

500

TL: Dec/16
CE: Feb/15 

Jan/42

Belo Monte Transmissora de Energia S.A.

Converter Station CA/CC, ±800 kV, 4,000 MW, with SS 500 kV Xingu;
Converter Station CA/CC, ±800 kV, 3,850 MW, with the SS 500 kV Estreito; and
Transmission Line in continous current of ±800 kV Xingu - Estreito.

Eletronorte (24.5%)

5,049.00

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.

TL São Luiz II/ São Luiz III

Chesf (49%)

410.00

373.00

156

230

Jan/16

Jul/40

Interligação Elétrica Garanhuns S.A.

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

Chesf (49%)

611.07

558.67

224
190
239
13

500
500
500
230

Aug/15

Dec/41

Transenergia Goiás S.A.

Serra da Mesa – Niquelândia;
Niquelândia - Barro ATLo

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

297

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%)

1,061.00

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%)

1.843,8(2)

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 – SS Olímpica;
Gardência – SS Olímpica

Furnas (49.9%)

n/a

n/a

10.8
2.9

138

May/15

n/a

Fronteira Oeste Transmissora de Energia S.A.(3)

TL Santo Ângelo/Maçambará, in 230 Kv;
TL Pinhalzinho/Foz do Chapecó, single circuit, C1 and C2 Portioning TL 138KV Alegrete 1 – Santa Maria 1

Eletrosul (51%)

95.87

20.02

205
40
2

230

Aug/16
Jul/16
Sep/15

Jan/44

Paraíso Transmissora de Energia S.A.(4)

TL Paraíso 2-Chapadão C2;
TL Campo Grande 2-Paraíso 2 C2;
Port. TL Campo Grande 2 – Chapadão - Paraíso 2

Eletrosul (24.5%)

169.52

-

65
200
-

230

Sep/17
Mar/18
Sep/17

Mar/45

(1)Investment Total Amount on the basis of the enterprise business plan.

(2)Includes the Substations

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

(4) Lot "E" ANEEL Auction 004/2014, with the winner the Consortium, formed by Eletrosul, Elecnor and Copel.

 

 

 

 

X.2.2.2.2 Substations

 

SPE

SS

Eletrobras Companies (%)

Investiment
(R$ Million)

Transformation Capacity
(MVA)

Location
(State)

Beginning of Operation

End of Concession

Interligação Elétrica Garanhuns S.A.

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

Chesf (49%)

113.63
86.02

113.63
86.02

PE

Aug/15

Dec/41

Luziânia Niquelândia Transmissora S.A.

SS Niquelândia

Furnas (49%)

76

40

GO

Aug/15

May/42

Mata de Santa Genebra Transmissora S.A.

SS Santa Bárbara D’Oeste 440 kV, Static Compensator (-300,+300) Mvar;
SS Itatiba 500 kV, Static Compensator;
(-300,+300) Mvar;
SS 500/440 kV Fernão Dias (9+1R)

Furnas (49.9%)

1,843.8

4,000

SP

Nov/17

May/44

Vale do São Bartolomeu Transmissora de Energia S.A.

SS Brasília Leste

Furnas (39%)

269.65

180

DF

Apr/16

Oct/43

Belo Monte Transmissora de Energia S.A.

Converter Station CA/CC,±800 kV, 4,000 MW, with SS 500 kV Xingu;
Converter Station CA/CC, ±800 kV, 3,850 MW, with SS 500 kV Estreito

Furnas (24.5%)

2,162

3,400;
3,300

Xingu (PA);
Estreito (MG)

Feb/08

Jun/44

Energia Olímpica S.A.

SS Olímpica 138/13,8 kV

Furnas (49.9%)

n/a

120

RJ

May/15

n/a

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

SS Pinhalzinho, in 230/138 kV (ATF1), SS Pinhalzinho, in 230/138 kV (ATF2 and ATF3) and entensions SS Maçarambá, Foz do Chapecó and Santo Angelo;
Extension of SS Santa Maria 3, 230/138 kV

Eletrosul (51%)

58.69
23.75

450
166

RS

May/16
Sep/15

Jan/44

Paraíso Transmissora de Energia S.A. (2)

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

Eletrosul (24.5%)

91.39

300

RS

Mar/18
Mar/18
Sep/17

Mar/45

 (1) The expansion of SS Maçambara and Santo Angelo and the SS Pinhalzinho, are planned for Jan/16, Jul/16 and Oct/15, respectively.

(2) Lot "E" ANEEL Auction 004/2014, with the winner the Consortium, formed by Eletrosul, Elecnor and Copel. SPE in constitution.

 

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

EAPSA - Energia Águas Da Pedra S.A.

HPU Dardanelos

Eletronorte (24.5%)
Chesf (24.5%)

MT

261.0

154.9

430,573.1

489,984.4

Aug/11

Jul/42

Amapari Energia S.A.

TPU Serra do Navio

Eletronorte (49%)

AP

23.3

21.0

83,0

82.9

Jun/08

May/37

Brasventos Miassaba 3 Geradora de Energia S.A

Wind farm Miassaba 3

Eletronorte (24.5%)
Furnas (24.5%)

RN

68.5

22.8

41,945.0

34,326.0

May/14 (1)

Aug/45

Brasventos Eolo Geradora de Energia S.A.

Wind farm Rei dos Ventos 1

Eletronorte (24.5%)
Furnas (24.5%)

RN

58.5

21.9

35,088.0

26,782.0

May/14 (1)

Dec /45

Rei dos Ventos 3 Geradora de Energia S.A.

Wind farm Rei dos Ventos 3

Eletronorte (24.5%)
Furnas (24.5%)

RN

60.1

21.1

35,537.0

28,553.0

May/14 (1

Dec /45

ESBR Participações S.A.

HPU Jirau (2)

Chesf (20%)
Eletrosul (20%)

RO

3,750.0

2,184.6

2,850,027.9

3,519,626.0

Sep/13

Aug/43

Pedra Branca S.A.

Pedra Branca

Chesf (49%)

BA

30.0

12.2

25,942.0

31,895.3

Sep/13

Aug/43

São Pedro do Lago S.A.

São Pedro do Lago

Chesf (49%)

BA

30.0

13.5

22,003.6

28,919.4

Mar/13

Feb/46

Sete Gameleiras S.A.

Sete Gameleiras

Chesf (49%)

BA

30.0

12.6

24,106.0

30,628.9

Mar/13

Feb/46

Enerpeixe S.A.

HPU Peixe Angical

Furnas (40%)

TO

498.8

280.5

536,424.7

598,692.5

Jun/06

Nov/36

Baguari Geração de Energia S.A.

HPU Baguari

Furnas (15%)

MG

140.0

80.0

40,462.0

30,150.0

Sep/09

Aug/41

Retiro Baixo Energética S.A.

HPU Retiro Baixo

Furnas (49%)

MG

82.0

38.50

58,082.1

35,521.9

Mar/10

Aug/41

Foz de Chapecó Energia S.A.

HPU Foz de Chapecó

Furnas (40%)

RS/SC

855.0

432.0

1,526,726.4

850,675.2

Oct/10

Nov/36

Serra do Facão Energia S.A.

HPU Serra do Facão

Furnas (49.47%)

GO

212.6

182.4

102,565.1

79,332.6

Jul/10

Nov/36

Madeira Energia S.A.

HPU Santo Antônio (3)

Furnas (39%)

RO

3,568.3

2,424.20

2,515,719.3

2,634,261.6

Mar/12

Jun/43

Tijoá Participações e Investimentos S.A. (4)

HPU Três Irmãos(4)

Furnas (49.9%)

SP

807.5

217.5

421,966.8

194,576.8

Oct/14

Oct/44

Eólica Livramento **

Wind farms(5)

Eletrosul (52.53%)

RS

78

29

-

n/a

Nov/13

Mar/47

Santa Vitória do Palmar S.A.

Wind farm Geribatu from I to X

Eletrosul (49%)

RS

258

109

79,349.6

170,078.0

Feb/15

Apr/47

Eólica –Chuí Holding S.A.

Wind farms Chuí I to V, and Minuano I and II

Eletrosul (49%)

RS

144

59.8

-

29,289.1

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 first quarter 2015 the company totaled 32 machines in operation, resulting in an installed capacity of 2,400 MW in operation.

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

(4) 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.

(5)Installed Capacity 42 MW

 

 

XI.1.1.2  Energy Sold

 

SPE

Eletrobras Companies (%)

Buyer

Sale Type

1Q15

2Q15

R$ million

MWh

R$ million

MWh

EAPSA - Energia Águas Da Pedra S.A.

Eletronorte (24.5%)
Chesf (24.5%)

Eletrobras System

A

-

-

-

-

B

-

-

-

-

Others

A

-

-

-

-

B

56.80

331,389.00

54.91

31,3752.80

Amapari Energia S.A.

Eletronorte (49%)

Eletrobras System

A

-

-

-

-

B

-

-

-

-

Others

A

-

-

-

-

B

-

-

-

-

Brasventos Miassaba 3 Geradora de Energia S.A

Eletronorte (24.5%)
Furnas (24.5%)

Eletrobras System

A

-

-

-

-

B

-

-

-

-

Others

A

8,367.1

41.945

6,900

34.33

B

-

-

-

-

Brasventos Eolo Geradora de Energia S.A.

Eletronorte (24.5%)
Furnas (24.5%)

Eletrobras System

A

-

-

-

-

B

-

-

-

-

Others

A

7,031,6

35,088

5,400

26,78

B

-

-

-

-

Rei dos Ventos 3 Geradora de Energia S.A.

Eletronorte (24.5%)
Furnas (24.5%)

Eletrobras System

A

-

-

-

-

B

-

-

-

-

Others

A

7,035,1

35,537

5,700

28,55

B

-

-

-

-

ESBR Participações S.A.

Chesf (20%)
Eletrosul (20%)

Eletrobras System

A

21.08

207,694.97

28.72

277,836.96

B

116.66

618,674.80

89.86

455,715.18

Others

A

167.60

1,672,918.14

220.30

2,126,815.84

B

175.00

928,012.21

113.58

588,407.71

Pedra Branca S.A.

Chesf (49%)

Eletrobras System

A

2.50

14,480.00

2.50

17,802.94

B

-

-

-

-

Others

A

2.00

11,462.00

2.00

14,092.40

B

-

-

-

-

São Pedro do Lago S.A.

Chesf (49%)

 

Eletrobras System

A

2.80

12,436.00

2.80

16,344.72

B

-

-

-

-

Others

A

2.10

9,567.00

2.10

12,574.70

B

-

-

-

-

 

 

Sete Gameleiras S.A.

Chesf (49%)

Eletrobras System

A

2.60

13,699.00

2.60

17,406.79

B

-

-

-

-

Others

A

2.00

10,406.00

2.00

13,222.14

B

-

-

-

-

Enerpeixe S.A.

Furnas (40%)

Eletrobras System

A

-

-

-

-

B

-

-

-

-

Others

A

-

-

-

-

B

45.95

223,602.15

43.65

210,013.68

Baguari Geração de Energia S.A.(1)

Furnas (15%)

Eletrobras System

A

0.28

1,532.00

0.27

1,496.00

B

-

-

-

-

Others

A

15.24

84,790.00

15.07

81,703.00

B

-

-

-

-

Retiro Baixo Energética S.A.

Furnas (49%)

Eletrobras System

A

-

-

-

-

B

-

-

-

-

Others

A

15.00

83,627.85

14.50

78,572.27

B

0.40

2,161.00

0.40

2,184.00

Foz de Chapecó Energia S.A.

Furnas (40%)

Eletrobras System

A

-

-

-

-

B

-

-

-

-

Others

A

112.64

587.69

109.71

557,270.06

B

75.93

373.25

78.27

377,395.20

Serra do Facão Energia S.A.

Furnas (49.47%)

Eletrobras System

A

8.88

46,907.07

5.86

29,112.53

B

-

-

-

-

Others

A

71.48

360,875.21

73.66

374,291.98

B

-

-

-

-

Madeira Energia S.A.

Furnas (39%)

Eletrobras System

A

12.54

109,648.97

-

-

B

-

-

-

-

Others

A

370.27

3,255,902.00

-

-

B

406.02

2,020,151.55

-

-

Eólica Livramento 

Eletrosul (52.53%)

Eletrobras System

A

0.25

6,775.79

0.15

6,847.90

B

-

-

-

-

Others

A

2.09

55,893.21

1.22

56,488.10

B

-

-

-

-

Santa Vitória do Palmar S.A.

Eletrosul (49%)

Eletrobras System

A

1.00

8,768.12

3.11

25,738.68

B

-

-

-

-

Others

A

8.26

72,327.88

25.62

212,317.32

B

-

-

-

-

Eólica –Chuí Holding S.A.

Eletrosul (49%)

Eletrobras System

A

1.01

4,818.44

2.44

14,144.47

B

-

-

-

-

Others

A

8.33

39,747.16

20.12

116,677.13

B

3.64

9,422.00

-

-

Total

 

 

 

1,230.01

6,459,961.34

408.05

2,235,696.01

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

EAPSA - Energia Águas Da Pedra S.A.

Eletronorte (24.5%) // Chesf (24.5%)

171.29

175.02

Amapari Energia S.A.

Eletronorte (49%)

-

-

Brasventos Miassaba 3 Geradora de Energia S.A

Eletronorte (24.5%) // Furnas (24.5%)

199.48

199.48

Brasventos Eolo Geradora de Energia S.A.

Eletronorte (24.5%) // Furnas (24.5%)

200.40

200.40

Rei dos Ventos 3 Geradora de Energia S.A.

Eletronorte (24.5%) // Furnas (24.5%)

200.79

200.79

ESBR Participações S.A.

Chesf (20%) // Eletrosul (20%)

140.16

131.20

Pedra Branca S.A.

Chesf (49%)

171.45

171.45

São Pedro do Lago S.A.

Chesf (49%)

171.45

171.45

Sete Gameleiras S.A.

Chesf (49%)

171.45

171.45

Enerpeixe S.A.

Furnas (40%)

388.48

216.61

Baguari Geração de Energia S.A.

Furnas (15%)

179.73

184.51

Retiro Baixo Energética S.A.

Furnas (49%)

179.35

184.31

Foz de Chapecó Energia S.A.

Furnas (40%)

196.23

201.13

Serra do Facão Energia S.A.

Furnas (49.47%)

196.87

199.41

Madeira Energia S.A.

Furnas (39%)

146.47

144.26

Eólica Livramento 

Eletrosul (52.53%)

37.36

21.58

Santa Vitória do Palmar

Eletrosul (49%)

114.25

120.66

Eólica –Chuí Holding S.A.

Eletrosul (49%)

209.70

172.45

 

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), SS Sectioning 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) and Maggi - Nova Mutum (MT), SS Juba and SS Maggi - 230/138 kV

Eletronorte (49.71%)

402

230

Sep/09

Mar/38

Transmissora Matogrossense de Energia S.A. – TME

TL Jauru / Cuiabá, in 230 kV, Mato Grosso

Eletronorte (49%)

348

500

Nov/11

Nov/39

Manaus Transmissora de Energia S.A.

Oriximiná - Silves - Lechuga (AM), SS Silves (ex-Itacoatiara) and SS Lechuga (ex-Cariri)

Eletronorte (30%)
Chesf (19.5%)

559

500

Mar/13

Oct/38

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

Coletora Porto Velho (RO) - Araraquara (SPE)

Eletronorte (24.5%)
Eletrosul (24.5%)

2,412

600

Nov/14

Feb/39

Sistema de Transmissão do Nordeste S.A.

Teresina II/PI to Sobral/CE and Fortaleza/CE

Chesf (49%)

546

500

Jan/06

Feb/34

Interligação Elétrica do Madeira S.A.

TL Coletora Porto Velho/ Araraquara II, CS

Chesf (24.5%)

2,375

600

Aug/13

Feb/39

Extremoz Transmissora do Nordeste –ETN S.A.

TL Ceará Mirim/João Câmara II

TL Ceará Mirim/ Extremoz II
TL Ceará Mirim/ Campina III, 500 kV
TL 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.

HPU Baguari - SS Baguari

Furnas (15%)

0.8

230

Feb/10

Aug/41

Baguari Energia S.A.

SS Baguari - Mesquita – Governador Valadares

Furnas (15%)

2.5

230

Apr/10

Aug/41

Baguari Energia S.A.

SS Baguari – Mesquita

Furnas (15%)

69

230

Apr/10

Aug/41

Baguari Energia S.A.

SS 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.

SS Foz do Chapecó – Gurita

Furnas (40%)

72.6

230

Mar/11

Nov/36

Chapecoense Geração S.A.

SS Foz do Chapecó – SS Xanxerê

Furnas (40%)

77.6

230

Mar/11

Nov/36

Chapecoense Geração S.A.

HPU Foz do Chapecó – SS ofFoz 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.

TL Coletora Porto Velho-Araraquara II (Lot D)

Furnas (24.5%)

2,375

600

Aug/13

Feb/39

Retiro Baixo Energética S.A.

HPU Retiro Baixo – SS Curvelo

Furnas (49%)

45

138

Oct/10

Aug/41

Serra do Facão Energia S.A.

HPU Serra do Facão – SS 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 - TPU Quirinópolis

Furnas (49%)

34.4

138

May/11

Jun/25

Transenergia Renovável S.A.

Quirinópolis - TPU 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 - TPU Jataí

Furnas (49%)

51.2

138

Dec/12

Jun/25

Transenergia Renovável S.A.

Jataí - TPU 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 - TPU Morro Vermelho

Furnas (49%)

31

138

Dec/12

Jun/25

Transenergia Renovável S.A.

Morro Vermelho - TPU 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 - TPU Tropical Bionenergia I

Furnas (49%)

48.7

138

May/13

Jun/25

Transirapé

Irapé – Araçuaí

Furnas (24.5%)

65.0

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

TL (Campos Novos (SC) – Barra Grande (SC) – Lagoa Vermelha (RS) – Santa Marta (RS))

Eletrosul (27.42%)

188

230

Jul/05

Dec/32

Uirapuru

TL (Ivaiporã (PR) – Londrina (PR))

Eletrosul (75%)

120

525

Jul/06

Mar/35

Transmissora Sul Brasileira de Energia – TSBE

TL 525 KV Salto Santiago – Itá;
TL 525KV Itá – Nova Santa Rita;
TL 230KV Nova Santa Rita – Camaquã;
TL 230KV Camaquã – Quinta

Eletrosul (80%)

188
307
121
167

525
525
230
230

Feb/14
Aug/14
Dec/14
Dec/14

May/42

Costa Oeste

TL Cascavel Oeste – Umuarama, CS

Eletrosul (49%)

144.4

230

Aug/14

Jan/42

Transmissora Sul Litorânea de Energia - TSLE

TL Povo Novo – Marmeleiro, CS
TL Marmeleiro – Santa Vitória do Palmar

TL Nova Sta Rita – Povo Novo, CS

Eletrosul (51%)

152
48

268

525

Dec/14

Dec/14

Mar/15

Aug/42

Marumbi Transmissora de Energia S.A.

TL 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.

SS Portioning Cuiabá

Eletronorte (49%)

n/a

Aug/05

Feb/34

BRASNORTE Transmissora de Energia S.A.

SS Juba
SS Maggi - 230/138 kV

Eletronorte (49.71%)

300
100

Sep/09

Mar/38

Manaus Transmissora de Energia S.A.

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

Eletronorte (30%)
Chesf (19.5%)

150
1,800

Mar/13

Oct/38

INTESA - Integração Transmissora de Energia S.A.

SS Peixe 2
SS SSrra da Mesa 2

Eletronorte (37%)

n/a

May/08

Apr/36

Transmissora Matogrossense de Energia S.A. – TME

SS Jauru 500/230 kV

Eletronorte (49%)

750

Nov/11

Nov/39

Interligação Elétrica do Madeira S.A.

Retifier Station CA/CC of 500 kV to +/- 600 kV;
Inverter Station CC/CA of +/- 600 kV to 500 kV.

Chesf (24.5%)
Furnas (24.5%)

3,150
2,950

May/14

Feb/39

TDG – Transmissora Delmiro Gouveia S.A.

SS – Pecém II, of 500/230 kV;
SS – Aquiraz, of 230/69 kV

Chesf (49%)

3,600
450

Oct/13

Jul/40

Extremoz Transmissora do Nordeste - ETN S.A.

SS – João Câmara II, 500/138 kV;
SS – Ceará Mirim, 500/230 kV

Chesf (49%)

900

900

500/230

Oct/14

Oct/14

May/15

Oct/41

Caldas Novas Transmissão S.A. (1)

SS Extension Corumbá

Furnas (49%)

150

Jul/13

Dec/42

Madeira Energia S.A.

SS of Santo Antônio Plant

Furnas (39%)

3,630

Aug/07

Jun/43

MGE Transmissão S.A.

Viana 2

Furnas (49%)

900

Aug/14

Jul/40

Retiro Baixo Energética S.A.

SS of Retiro Baixo plant

Furnas (49%)

100

Aug/06

Aug/41

Serra do Facão Energia S.A.

SS of Serra do Facão plant

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

Transenergia São Paulo S.A

Itatiba

Furnas (49%)

800

Aug/12

Nov/39

Etau (2)

SS Lagoa Vermelha 2 230/138KV
SS Barra Grande 230/138 KV

Eletrosul (27.42%)

150

-

Jul/05

Dec/32

Transmissora Sul Brasileira de Energia – TSBE

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

Eletrosul (80%)

-
-
-
166
-

Feb/14
Aug/14
Aug/14
Dec/14
Dec/14

May/42

Costa Oeste (3)

SS Umuarama 230/138 kV – 2X150 MVA

Eletrosul (49%)

300

Jul/14

Jan/42

Transmissora Sul Litorânea de Energia - TSLE

SS Povo Novo 525/230 kV;
SS Santa Vitória do Palmar 525/138 kV;
SS Marmeleiro 525 kV - Compensator ±200 Mvar;
Extension SS Nova Santa Rita 525kV

Eletrosul (51%)

672
75
-
-

Dec/14
Dec/14
Dec/14
Mar/15

Aug/42

Marumbi Transmissora de Energia S.A.

SS Curitiba Leste - 1 bench 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 (1)

Other Creditors (2)

Total (1+2)

2015

2016

2017

2018

2019

2020

After 2020

2015

2016

2017

2018

2019

2020

After 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

Norte Brasil Transmissora de Energia S.A. (3)

Eletronorte (24.5%)

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%) Chesf (19.5%)

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

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

171,764.00

197.42

172,918.80

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%) Furnas (24.5%)

114.88

106.57

98.27

-

-

-

-

n/a

n/a

n/a

n/a

n/a

n/a

n/a

319.72

Brasventos Miassaba 3 Geradora de Energia S.A.

Eletronorte (24.5%) Furnas (24.5%)

115.65

107.29

98.93

-

-

-

-

n/a

n/a

n/a

n/a

n/a

n/a

n/a

321.87

Rei dos Ventos 3 Geradora de Energia S.A.

Eletronorte (24.5%) Furnas (24.5%)

121.07

112.32

103.57

-

-

-

-

n/a

n/a

n/a

n/a

n/a

n/a

n/a

336.96

Norte Energia S.A. (2)

Eletronorte (19.98%) Chesf (15%)

-

-

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

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%) Furnas (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

Interligação Elétrica Garanhuns S.A.

Chesf (49%)

16.66

31.47

31.47

31.47

31.47

31.47

178.98

n/a

n/a

n/a

n/a

n/a

n/a

n/a

352.99

Transmissora Delmiro Gouveia S.A.

Chesf (49%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

169.00

-

-

-

-

-

-

169.00

ESBR Participações S.A.

Chesf (20%) Eletrosul (20%

142.00

284.10

284.10

284.10

284.10

284.10

4,118.90

143.30

286.50

286.50

286.50

286.50

286.50

4,154.80

11,412.00

Energética Águas da Pedra S.A.

Eletronorte (24,5%)

Chesf (24,5%)

17,00

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

387,40

Companhia Energética Sinop S.A.

Chesf (24.5%)

-

80.00

-

-

-

-

-

-

229.00

-

-

-

-

-

309.00

Vamcruz Participações S.A. (5)

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 (6)

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%)

60.86

-

-

-

-

-

-

n/a

n/a

n/a

n/a

n/a

n/a

n/a

60.86

Santa Joana III

Chesf (49%)

49.24

-

-

-

-

-

-

n/a

n/a

n/a

n/a

n/a

n/a

n/a

49.24

Santa Joana IV

Chesf (49%)

58.25

-

-

-

-

-

-

n/a

n/a

n/a

n/a

n/a

n/a

n/a

58.25

Santa Joana V

Chesf (49%)

60.86

-

-

-

-

-

-

n/a

n/a

n/a

n/a

n/a

n/a

n/a

60.86

Santa Joana VII

Chesf (49%)

60.86

-

-

-

-

-

-

n/a

n/a

n/a

n/a

n/a

n/a

n/a

60.86

Santo Augusto IV

Chesf (49%)

61.67

-

-

-

-

-

-

n/a

n/a

n/a

n/a

n/a

n/a

n/a

61.67

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 Particpações

Furnas (24.72%) Eletrosul (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

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%)

6.59

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

138.37

Goiás Transmissão

Furnas (49%)

4.92

9.86

9.86

9.86

9.86

9.86

70.31

-

0.76

2.00

2.00

6.00

6.00

84.00

225.30

MGE Transmissão

Furnas (49%)

4.83

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

104.46

Transenergia São Paulo

Furnas (49%)

2.28

4.26

4.26

4.26

4.26

4.26

27.27

n/a

n/a

n/a

n/a

n/a

n/a

n/a

50.84

Transenergia Renovável

Furnas (49%)

6.28

11.67

11.67

11.67

11.67

11.67

68.98

n/a

n/a

n/a

n/a

n/a

n/a

n/a

133.60

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

5.91

13.96

19.93

2.48

2.48

2.42

9.37

56.55

Companhia Transleste de Transmissão S.A.

Furnas (24.5%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

3.75

11.60

17.08

16.23

16.23

13.00

13.81

91.70

Companhia Transudeste de Transmissão S.A.

Furnas (25%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

5.49

13.97

18.72

-

-

-

-

38.18

São Manoel

Furnas (33.33%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

558.71

-

-

-

-

-

-

558.71

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

3.28

6.19

6.19

6.19

1.55

-

-

23.41

Transmissora Sul Litorânea de Energia S.A.  

Eletrosul (51%)

18.18

36.35

36.35

36.35

36.35

36.35

296.87

n/a

n/a

n/a

n/a

n/a

n/a

n/a

496.81

Transmissora Sul Brasileira de Energia S.A.  

Eletrosul (80%)

10.81

19.97

19.97

19.97

19.97

19.97

141.10

-

0.22

0.44

0.26

1.59

3.75

82.06

340.08

Santa Vitória do Palmar Holding S.A. 

Eletrosul (49%)

11.17

26.81

26.81

26.81

26.81

26.81

283.77

5.93

13.43

13.43

14.42

13.43

13.43

240.13

743.19

Marumbi Transmissora de Energia S.A.

Eletrosul (20%)

3.70

7.16

6.92

6.68

6.48

6.24

14.47

n/a

n/a

n/a

n/a

n/a

n/a

n/a

51.66

Livramento Holding S.A.

Eletrosul (52.53%)

5.56

10.24

10.24

10.24

10.24

10.24

97.26

n/a

n/a

n/a

n/a

n/a

n/a

n/a

154.02

Chuí Holding S.A.

Eletrosul (49%)

-

9.08

9.08

9.08

9.08

9.08

99.89

n/a

n/a

n/a

n/a

n/a

n/a

n/a

145.30

Costa Oeste Transmissora de Energia S.A.

Eletrosul (49%)

2.47

4.77

4.60

4.43

4.26

4.07

9.78

n/a

n/a

n/a

n/a

n/a

n/a

n/a

34.39

Fronteira Oeste Transmissora de Energia (7)

Eletrosul (51%)

-

-

-

-

-

-

-

n/a

n/a

n/a

n/a

n/a

n/a

n/a

-

Chuí IX 

Eletrosul (99.99%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

13.62

-

-

-

-

-

-

13.62

Hermenegildo I

Eletrosul (99.99%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

118.78

-

-

-

-

-

-

118.78

Hermenegildo II

Eletrosul (99.99%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

118.78

-

-

-

-

-

-

118.78

Hermenegildo III

Eletrosul (99.99%)

n/a

n/a

n/a

n/a

n/a

n/a

n/a

98.25

-

-

-

-

-

-

98.25

Empresa de Transmissão do Alto Uruguai S/A

Eletrosul (27.42%)

7.52

3.72

7.44

0.62

-

-

-

0.10

-

-

-

9.94

-

-

29.34

(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 06/30/2015

 



 

40

 

 
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: September 14, 2015
CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS
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.