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____
MARKET ANNOUNCEMENT
In addition to the Market Announcement of May 21st, 2015, we hereby inform our Shareholders and the market in general that the subsidiary Furnas Centrais Elétricas S/A ("Furnas"), received from the Superintendência de Fiscalização Econômica e Financeira (“SFF”), internal departament of the National Electric Energy Agency ("ANEEL"), the Audit Report nº 78/2015 regarding the transmission assets of Rede Básica do Sistema de Transmissão Existente (“RBSE”) of Furnas, held on May 31, 2000, which had not been amortized or depreciated at that time. In the mentioned report the inspection team of SFF presented its position about the value of the indemnity pursuant Article 15, paragraph 2 of Law No. 12,783/13, in which Furnas is entitled to receive, a value of R$ 9 billion, on date base of December 31, 2012.
Furnas, based on the Assessment Technical Report prepared by Deloitte Touche Tohmatsu Consultores Ltda., an independent company hired by Furnas for this purpose, had attended a value of R$ 10,699 billion. It is important to clarify that in the Company's financial statements is registered the value of R$ 4,530 billion, also referred to the date base of December 31, 2012.
The economic and financial effects on the Company and the recognition of their accounting effects of the indemnity in its financial statements will depend on the homologation of the final value by Aneel and the definition by the granting authority of the terms of the referred compensation payment.
The Company will keep the market informed of any material development of the facts.
Rio de Janeiro, November 4, 2015.
Armando Casado de Araujo
CFO and Investor Relations Officer
CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRAS | ||
By: |
/S/ Armando Casado de Araujo
|
|
Armando Casado de Araujo
Chief Financial and Investor Relation Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.