Copel Announces 1H10 Results

CURITIBA, Brazil, Aug. 12 /PRNewswire-FirstCall/ -- Copel (NYSE: ELP; BM&FBOVESPA: CPLE3, CPLE5, CPLE6; LATIBEX: XCOP), a company that generates, transmits, distributes and sells power to the State of Parana, announces its results for the first half of 2010. All the figures in this report are in Brazilian Reais and were prepared in accordance with Brazilian GAAP.

Copel's consolidated balance sheet presents, in addition to the figures of the wholly owned subsidiaries (Copel Geracao e Transmissao, Copel Distribuicao and Copel Telecomunicacoes), those of Compagas, Elejor, UEG Araucaria, Centrais Eolicas do Parana and Domino Holdings, the latter jointly controlled with other shareholders.

• Net Operating Revenue (NOR): R$ 2,939 million.
• Operating Income: R$ 549 million.
• Net Income: R$ 360 million (R$ 1.31 per share).
• EBITDA (earnings before interest, taxes, depreciation and amortization): R$ 555 million.
• Return on Shareholder's Equity: 4.1% in 1H10.
• Growth in power consumption billed by COPEL to captive customers: 7.1%.
• Copel's rating calculated by Fitch is AA(bra) for the corporate and for the 4th debenture issue.

The Company's shares and main indexes presented the following variations in the semester:

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SOURCE Copel