• Anefac Transparency Trophy 2015 – Net Revenue up to R$5 billion category
Outstanding company in the most ethical companies of Brazil 2015 initiative promoted by the Ethics in Business Institute
2nd place in the 17th Abrasca Award for the Best Annual Report, with an honorable mention for the economic-financial analysis
Best of Brazil Seal of Distinction promoted by Sextante Brasil
• Environmental Brazil Award (Amcham Rio) – Socio-environmental Responsibility Award – the Jorge Lacerda Thermoelectric Complex Environmental Education Program
Von Martius Sustainability Award – Nature Category – 3rd place for the Headwaters Protection Program
Fritz Muller Award presented by the Santa Catarina Environmental Protection Agency (Fatma):
  • Recovery of Degraded Areas Category – Tractebel Environmental Park
  • Conservation of Production/Energy Inputs Category – Research and Development project in photovoltaic solar energy
  • Research Institute Category – Center of Reference in Sustainable Development – Machadinho Consortium

Principal indicators

GRI G4-DMA (Economic performance)
Principal indicators GRI G4-9
Indicators Unit of
measurement 		2015 2014 2013 Change 2015/2014 Change 2015/2013
Operational
Operating plants nº 28 27 24 3.7% 16.7%
Total installed operating capacity MW 8,765 8,748 8,685 0.2% 0.9%
Total proprietary installed capacity MW 7,044 7,027 6,965 0.2% 1.1%
Proprietary installed capacity from
renewable sources 		MW 5,925 5,908 5,780 0.3% 2.5%
Percentage of proprietary installed capacity from renewable sources % 84.1 84.1 83.7 0.0 p.p. 0.4 p.p.
Generator complex uptime, discounting scheduled stoppages % 97.4 96.5 97.4 0.9 p.p. 0.0 p.p.
Generator complex uptime, including
scheduled stoppages 		% 86.9 86.8 92.3 0.1 p.p. -5.8 p.p.
Energy sales GWh 36,012 37,072 35,445 -2.9% 1.6%
Average MW 4,111 4,232 4,046 -2.9% 1.6%
Contracted energy by client type
Distributors % 47 48 53 - 1.0 p.p. - 6.0 p.p.
Trading companies % 6 5 9 1.0 p.p. - 3.0 p.p.
Free consumers % 47 47 38 0.0 p.p. 9.0 p.p.
Economic-financial indicators
Total assets R$ million 15,300.7 13,609.6 12,637.6 12.4% 17.4%
Shareholders’ equity R$ million 6,642.1 5,654.9 5,364.6 17.5% 23.8%
Net revenue from sales R$ million 6,512.0 6,472.5 5,568.7 0.6% 16.9%
Gross profit R$ million 2,708.9 2,497.7 2,657.0 8.5% 1.9%
Result from services (Ebit)1 R$ million 2,503.8 2,302.9 2,387.2 8.7% 4.9%
Pre-tax income R$ million 2,033.2 1,956.6 2,001.7 3.9% 1.6%
Net income R$ million 1,501.3 1,383.1 1,436.7 8.5% 4.5%
Ebitda2 R$ million 3,114.6 2,895.1 3,042.6 7.6% 2.4%
Total debt (loans, financing and debentures) R$ million 3,758.4 3,988.5 3,495.4 -5.8% 7.5%
Cash and cash equivalents and
restricted deposits 		R$ million 2,543.6 1,750.7 1,346.1 45.3% 89.0%
Net debt R$ million 1,214.8 2,237.8 2,149.3 -45.7% -43.5%
ROCE3 % 23.1 22.3 23.1 0.8 p.p. 0.0 p.p.
Gross debt/Ebitda R$ million 1.2 1.4 1.1 -0.2 p.p. 0.1 p.p.
Net debt/Ebitda R$ million 0.4 0.8 0.7 -0.4 p.p. -0.3 p.p.
Participation of third party capital in relation to total assets % 56.6 58.4 57.6 -1.8 p.p. -1 p.p.
Operating margin % 31.2 30.2 35.9 1.0 p.p. -4.7 p.p.
Net margin % 23.1 21.4 25.8 1.7 p.p. -2.7 p.p.
Shares
Net earnings per share R$ 2.3000 2.1189 2.2011 8.5% 4.5%
Average price per share – ON4 R$ 32.03 31.88 33.45 0.5% -4.02%
Dividends per share R$ 1.2789 1.1876 2.2584 7.7% -43.4%
Environmental
Donation and planting of seedlings (sum total of donated plants) nº 262,218 301,435 257,110 -13.1% 2.0%
Visitors to the plants nº 100,464 91,490 100,686 9.8% -0.2%
Energy intensity (energy consumed by Tractebel Energia per GJ generated) GJ 0.49 0.48 0.49 2.1% 0.0%
Water consumption millions of m³ 845.2 845.0 902.3 0.0% -6.3%
Emissions of CO2 per energy generated – Operational Control tCO2/MWh 0.2115 0.2308 0.2356 -8.36% -10.22%
Emissions of CO2 per energy generated – Corporate Stake tCO2/MWh 0.1592 0.1715 0.1821 -7.17% -12.58%
Human Resources
Number of employees (as of December 31) nº 1,135 1,134 1,125 0.1% 0.9%
Investment in training and professional development R$ million 5.2 5.0 6.4 3.8% -18.7%
Total hours of training hours 79,494 75,386 59,663 5.4% 33.2%
Number of occupational and commuting accidents nº 8 13 10 -38.4% -20.0
Frequency rate (TF) of accidents, excluding outsourced positions5 % 0.000 1.450 0.980 - -
Severity rate (TG) of accidents excluding outsourced positions6 % 0.000 0.062 0.000 - -
Frequency rate (TF) of accidents including outsourced positions5 % 0.540 2.870 0.950 -81.2% -43.1%
Frequency rate (TG) of accidents including outsourced positions6 % 0.000 0.023 0.006 - -
Investments in social responsibility programs GRI G4-EC1
Non-incentivized investments7 R$ th 3,304.36 4,354.28 3,270.12 -31.8% 1.0%
Incentivized investments (Infancy and Adolescence Fund, Culture Incentive Law, Law for Sport and others) R$ th 12,014.16 13,823.17 12,721.74 -15.0% -5.9%
1. Ebit = operating income + financial result.
2. Ebitda = net income + income tax and social contribution + financial expenses, net + depreciation and amortization + impairments.
3. ROCE (return on employed capital) = results from the service/non-current assets.
4. Simple average of the closing prices, adjusted for dividends.
5. TF: number of occupational accidents for every million hours of exposure to hazards.
6. TG: number of days lost due to occupational accidents for every one thousand hours of exposure to hazards.
7. Excluding socially responsible investments in Estreito.