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CONSOLIDATED STATEMENTS OF PROFIT AND LOSS - BRL (R$)
R$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
CONTINUED OPERATIONS      
NET OPERATING REVENUE R$ 29,080,513 R$ 29,042,129 R$ 26,214,853
OPERATING EXPENSES      
Energy purchased for resale (2,400,358) (2,162,318) (1,559,533)
Charges on use of the electricity grid (2,500,315) (1,593,223) (1,482,125)
Fuel for produce electricity (2,092,135) (2,107,161) (1,184,948)
Construction (966,443) (915,117) (1,310,457)
Personnel, supplies and services (6,979,388) (8,278,287) (7,804,361)
Depreciation (1,771,642) (1,707,138) (1,607,273)
Amortization (91,227) (100,291) (94,716)
Donations and contributions (167,408) (156,166) (137,802)
Operating charges (reversals), net (7,373,551) (2,005,808) 6,495,463
Others (2,029,129) (1,415,834) (1,166,254)
OPERATING EXPENSES (26,371,596) (20,441,343) (9,852,006)
Effect of Periodic Tariff Review 4,228,338    
OPERATING PROFIT BEFORE FINANCIAL RESULT 6,937,255 8,600,786 16,362,847
Financial Revenue      
Income from interest, commissions and fees 863,828 876,212 2,642,607
Income from financial investments 972,602 763,016 686,179
Additional interest on energy 341,672 252,112 248,407
Monetary adjustment gain 1,161,004 1,205,941 699,871
Exchange variation gain 5,115,712 2,662,259 4,150,664
Gains on derivatives 332,017   20,366
Other financial income 343,688 532,054 629,676
FINANCIAL EXPENSES      
Debt charges (2,853,532) (3,247,747) (2,680,884)
Leasing charges (367,234) (340,819) (308,770)
Charges on shareholder resources (81,766) (271,130) (270,533)
Monetary adjustment loss (877,628) (788,982) (800,789)
Exchange variation loss (5,659,849) (2,627,251) (4,364,256)
Losses on derivatives   (56,613) (63,378)
Other financial expenses (962,160) (1,407,838) (1,036,628)
Financial result (1,671,646) (2,448,786) (447,468)
PROFIT BEFORE RESULTS OF EQUITY, INVESTMENTS, TAXES AND SOCIAL CONTRIBUTIONS 5,265,609 6,152,000 15,915,379
RESULTS OF EQUITY METHOD INVESTMENTS 1,670,903 1,041,071 1,304,023
OTHER REVENUE AND EXPENDITURE 16,134 24,715  
PROFIT BEFORE TAXES AND SOCIAL CONTRIBUTIONS 6,952,646 7,217,786 17,219,402
Current income tax and social contribution (2,418,461) (2,664,975) (3,141,578)
Deferred income and social contribution taxes 1,853,128 3,295,634 578,644
Tax expense (income), continuing operations 565,333 (630,659) 2,562,934
NET INCOME FOR YEAR OF CONTINUING OPERATIONS 6,387,313 7,848,445 14,656,468
AMOUNT ATTRIBUTED TO OWNERS OF THE COMPANY 6,338,688 7,910,061 14,447,584
AMOUNT ATTRIBUTED TO NON-CONTROLLING SHAREHOLDERS 48,625 (61,617) 208,883
DISCONTINUED OPERATION      
NET INCOME (LOSS) FOR YEAR OF DISCONTINUED OPERATIONS   3,284,975 (99,223)
AMOUNT ATTRIBUTED TO OWNERS OF THE COMPANY   3,284,975 18,955
AMOUNT ATTRIBUTED TO NON-CONTROLLING SHAREHOLDERS     (118,178)
Net Income for the Year 6,387,313 11,133,420 14,557,245
AMOUNT ATTRIBUTED TO OWNERS OF THE COMPANY 6,338,688 11,195,036 14,466,539
AMOUNT ATTRIBUTED TO NON-CONTROLLING INTERESTS 48,625 (61,617) 90,705
Common shares      
FINANCIAL EXPENSES      
AMOUNT ATTRIBUTED TO OWNERS OF THE COMPANY R$ 5,097,535 6,234,543 11,610,864
DISCONTINUED OPERATION      
AMOUNT ATTRIBUTED TO OWNERS OF THE COMPANY   R$ 2,589,148 R$ 14,940
EARNINGS PER SHARE      
Profit basic per share (in R$ per share) R$ 4.06 R$ 8.12 R$ 10.70
Profit diluted per share (in R$ per share) 4.00 6.96 10.40
Continued Operation      
Profit basic per share (in R$ per share) 4.06 5.73 10.69
Profit diluted per share (in R$ per share) 4.00 4.92 10.38
Preferred shares      
EARNINGS PER SHARE      
Profit basic per share (in R$ per share) 4.47 8.93 10.71
Profit diluted per share (in R$ per share) 4.40 7.65 11.44
Continued Operation      
Profit basic per share (in R$ per share) 4.47 6.31 10.69
Profit diluted per share (in R$ per share) R$ 4.40 R$ 5.40 R$ 11.42