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COPEL Announces 3rd Quarter 2009 Results

Companhia Paranaense de Energia - COPEL (NYSE: ELP / LATIBEX: XCOP / BOVESPA: CPLE3, CPLE5, CPLE6), a company that generates, transmits, distributes and trades power to the State of Parana, announces its results for the third quarter of 2009 (3Q09). All 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: R$ 4,132 million.
    - Operating Income: R$ 1,211 million.
    - Net Income: R$ 846 million (R$ 3.09 per share).
    - EBITDA (earnings before interest, taxes, depreciation and amortization):
      R$ 1,369 million.
    - Return on Shareholder's Equity: 10.7% in the period
    - Advance interest on own capital for the year 2009 instead of dividends,
      in the gross amount of R$ 168 million, to shareholders in the Company's
      records on November 12, 2009, payment will begin on December 7.
    - Total power consumption billed by COPEL to captive customers in the
      first nine months of 2009 (9M09) rose by 2.2% over 9M08.
    - Copel's ratings, according to Fitch, are AA(bra) for the corporate and
      the 4th debenture issue.

The Company's shares and main indexes presented the following variations from January through September 2009:

    Ticker                        Change    Price             Change    Price
    CPLE3 (common/ Bovespa)        36.8     30.09   Ibovespa   63.8    61,518
    CPLE6 (preferred B/ Bovespa)   30.6     31.35  Dow Jones   10.7     9,712
    ELP (ADR/ NYSE)                67.3     17.63   Latibex    72.0     3,033
    XCOP (preferred B/ Latibex)    57.9     11.84

    Conference Call: 11/13/09
    English: 8:30 am (EST)
    Dial in access: (1 786) 924-6977
    Conference ID: Copel

    The conference will be broadcast via the Internet at: www.copel.com/ir

    Contact:
    Investor Relations - COPEL
    Phone: (55 41) 3222-2027
    E-mail: ri@copel.com

SOURCE Companhia Paranaense de Energia - COPEL

http://www.copel.com/ir

Copyright (C) 2010 PR Newswire. All rights reserved

News Provided by COMTEX


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