Energias do Brasil SA and subsidiaries - EDP no Brasil | Investidores

More documents

Recommendations

Info

EDP – ENERGIAS DO BRASIL S.A. STATEMENT OF ADDED VALUES YEARS ENDED DECEMBER 31, 2009 AND 2008 (Amounts expressed in thousands of Reais, unless otherwise indicated) Parent company Consolidated 2009 2008 2009 2008 Generation of value added 50,253 (410) 7,014,402 6,890,690 Operating revenue 6,995,633 6,953,014 Allowance for doubtful accounts and net losses (36,680) (70,916) Other revenue 50,253 (410) 55,449 8,592 (–) Inputs acquired from third parties (63,529) (36,623) (2,933,566) (2,886,019) Costs of purchased energy (1,924,113) (1,909,517) Use charges of distribution and transmission system (511,641) (466,999) Materials (617) (483) (24,236) (46,670) Third-party services (28,667) (29,333) (284,527) (328,059) Other operating costs (34,245) (6,807) (189,049) (134,774) Gross value added (13,276) (37,033) 4,080,836 4,004,671 Depreciation and amortization (21,770) (148,449) (303,961) (446,646) Net generated value added (35,046) (185,482) 3,776,875 3,558,025 Financial revenues 95,556 27,064 279,275 223,942 Minority interest (160,267) (102,998) Equity accounting result 638,309 604,463 (1,742) Total value added to distribute Distribution of value added 698,819 446,045 3,894,141 3,678,969 Employees 21,283 14,341 226,406 245,207 Payroll 12,437 8,182 157,760 180,574 Benefits 7,076 4,985 47,685 44,727 F.G.T.S. 1,770 1,174 20,961 19,906 Taxes, fees and contributions 16,655 16,192 2,646,316 2,631,973 Federal 16,655 16,192 1,418,222 1,395,379 State 1,223,423 1,229,628 Municipal 4,671 6,966 Remuneration own capital 37,054 27,183 380,510 406,539 Interest 34,275 24,749 371,677 396,348 Rents 2,779 2,434 8,833 10,191 Remuneration own capital 296,317 237,271 312,089 243,742 Interest on equity 103,061 103,061 Dividends 296,317 134,210 296,317 134,210 Founders' shares 15,772 6,471 371,309 294,987 3,565,321 3,527,461 Income for the year after dividends 327,510 151,058 328,820 151,508 698,819 446,045 3,894,141 3,678,969 See the accompanying notes to the financial statements 34
1 - Operational context EDP – ENERGIAS DO BRASIL S.A. NOTES TO THE FINANCIAL STATEMENTS DECEMBER 31, 2009 AND 2008 (Amounts expressed in thousands of Reais, unless otherwise indicated) EDP - Energias do Brasil S.A. (“Company” or “Energias do Brasil” or “Parent Company”), a public held company incorporated on July 24, 2000, has as its corporate purposes the participation in other corporations as a shareholder or quota holder, as well as in businesses and enterprises in the electricity industry in Brazil or overseas; to manage electricity generation, transmission, distribution and commercialization assets in their various forms and types; to study, plan, develop and implement electricity generation, transmission, distribution and commercialization projects in their various forms and types. Direct and indirect participation are as follow: % Participation 12/31/2009 12/31/2008 Company Consolidation method Direct Indirect Direct Indirect Distribution Bandeirante Energia S.A. (Bandeirante) full 100 0.00 100 0.00 Espírito Santo Centrais Elétricas S.A. (Escelsa) full 100 0.00 100 0.00 Generation Energest S.A. (Energest) full 100 100 0.00 Castelo Energética S.A. (CESA) full 0.00 100 0.00 100 Costa Rica Energética Ltda. (Costa Rica) full 0.00 51 0.00 51 Pantanal Energética Ltda. (Pantanal) full 0.00 100 0.00 100 Santa Fé Energia S.A. (Santa Fé) full 0.00 100 0.00 100 EDP Lajeado Energia S.A. (EDP Lajeado) full ( * ) 0.00 59,93 0.00 Lajeado Energia S.A. (Lajeado) Tocantins Energia S.A. (Tocantins) full on 9/1/2008 55.86 47,23 53,69 full on 9/1/2008 ( * ) 0.00 50,88 0.00 Ipueiras Energia S.A. (Ipueiras) full on 9/1/2008 proportional untill 100.00 0.00 50,88 Investco S.A. (Investco) 8/31/2008 and full on 9/1/2008 4.57 34.87 4,53 39,50 Enerpeixe S.A. (Enerpeixe) full 60 0.00 60 0.00 Enernova S.A. (Enernova) full 100 0.00 100 0.00 Terra Verde Bioenergia Participações S.A. (Terra Verde) full 92 0.00 92 0.00 EDP Renováveis Brasil S.A. (EDP Renováveis) equity by subsidiary Enernova 0.00 45 0.00 45 Porto do Pecém Geração de Energia S.A. (Porto do Pecém) proportional on 10/14/2008 50 0.00 50 0.00 Central Nacional da Energia Eólica S.A. (Cenaeel) equity by subsidiary Enernova 0.00 45 0.00 Elebrás Projetos Ltda equity by subsidiary Enernova 45 Trading Enertrade - Comercializadora de Energia S.A. (Enertrade) full 100 0.00 100 Transmission Evrecy Participações Ltda. (Evrecy) full 0.00 100 0.00 100 Others Enercouto S.A. (Enercouto) full 100 100 0.00 Escelsa Participações S.A. (Escelsapar) full 100 0.00 100 0.00 ( * ) Merge of EDP Lajeado and Tocantins in Lajeado Energia since 11/30/2009. 1.1 – Concessions The Company has the right to indirectly explore the following energy generation, distribution and transmission concessions/licenses/permits: 35
Page 1 and 2: EDP - Energias do Brasil S.A. and s
Page 3 and 4: 3 2009 MANAGEMENT REPORT income amo
Page 5 and 6: REGULATORY ENVIRONMENT TARIFF REVIE
Page 7 and 8: 7 2009 MANAGEMENT REPORT EDP Energi
Page 9 and 10: EXPANSION OF CAPACITY DISTRIBUTION
Page 11 and 12: 11 2009 MANAGEMENT REPORT consumers
Page 13 and 14: 13 2009 MANAGEMENT REPORT In 2009,
Page 15 and 16: 15 2009 MANAGEMENT REPORT In the ca
Page 17 and 18: 17 2009 MANAGEMENT REPORT Bandeiran
Page 19 and 20: OWNERSHIP STRUCTURE 19 2009 MANAGEM
Page 21 and 22: 21 2009 MANAGEMENT REPORT (b) that
Page 23 and 24: 23 2009 MANAGEMENT REPORT The total
Page 25 and 26: Research & Development (R&D) 25 200
Page 27 and 28: 27 2009 MANAGEMENT REPORT of climat
Page 29 and 30: EDP - ENERGIAS DO BRASIL S.A. BALAN
Page 31 and 32: Operating revenues EDP - ENERGIAS D
Page 33: EDP - ENERGIAS DO BRASIL S.A. STATE
Page 37 and 38: EDP - ENERGIAS DO BRASIL S.A. NOTES
Page 65 and 66: 17 - Intangible assets Intangible i
Page 85 and 86:
EDP - ENERGIAS DO BRASIL S.A. NOTES
Page 87 and 88:
Page 89 and 90:
(2) Foreign-owned company. EDP - EN
Page 91 and 92:
25.3 - Reserves 25.3.1 - Reserve fo
Page 93 and 94:
28 - Operating expenses Manageable
Page 95 and 96:
31 - Insurance coverage EDP - ENERG
Page 97 and 98:
Page 99 and 100:
Financial assets EDP - ENERGIAS DO
Page 101 and 102:
Page 103 and 104:
Page 105 and 106:
Page 107 and 108:
Page 109 and 110:
Net revenues 1,136,436 Electricity
Page 111 and 112:
show all

Energias do Brasil SA and subsidiaries - EDP no Brasil | Investidores

Create successful ePaper yourself

Delete template?

Save as template?