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17. Investments (Tables)
 12 Months Ended
Dec. 31, 2018
Investments Tables Abstract  
Changes in Investments

              Effects of      
      Investment/     Proposed  applying      
  Balance as of   Advance for future Capital   dividends new IFRS   Balance as of  
  January 1, 2018 Equity capital increase decrease Amortization and JCP (Note 4.17.3) Other (a) December 31, 2018  
Joint Ventures (17.3)                    
Voltalia São Miguel do Gostoso I   74,998 (3,964)   39,534   -   - - -    -    110,568  
Voltalia São Miguel do Gostoso - authorization rights   10,773   -   -   -   (368) - -    -   10,405  
Paraná Gás   3   (3)    -   -   - - -    -   -  
Costa Oeste (Note 1.2)   33,646    3,041    -   -   - - - (36,687)   -  
Marumbi (Note 1.2)   85,341    6,971    -   -   - - - (92,312)   -  
Transmissora Sul Brasileira (Note 1.2)   64,360    1,161    -   -   - - - (65,521)   -  
Caiuá   56,037    5,034    -   -   - (1,324)    14,892    -   74,639  
Integração Maranhense    113,401    9,238    -   -   - (2,022)   9,067    -    129,684  
Matrinchã    835,819 50,411    -   -   - (9,131)    (203,883)    -    673,216  
Guaraciaba    418,320 35,321    -   -   - (4,328)   (92,372)    -    356,941  
Paranaíba    162,273   (16,510)    -   -   - (2,976)    17,797    -    160,584  
Mata de Santa Genebra    459,374 (2,541)   48,096   -   -   3,264   (23,931)    -    484,262  
Cantareira    200,018 24,564    -    (35,280)   - (1,461) 129,682    -    317,523  
     2,514,363   112,723   87,630    (35,280)   (368)   (17,978)    (148,748)   (194,520)    2,317,822  
Associates                    
Dona Francisca Energética (17.4)   29,821    9,989    -   -   -   (10,666) -    -   29,144  
Foz do Chopim Energética (17.4)   13,084 13,214    -   -   -   (18,071) -    - 8,227  
Dominó Holdings 2,457    (15)    -   -   - - -    - 2,442  
Other 9,556    (23)   9   -   - - -    (427) 9,115  
    54,918 23,165   9   -   -   (28,737) -    (427)   48,928  
Investment property 1,362   -    -   -    (5) - -   (15) 1,342  
Other investments   -   - 142   -   - - -    - 142  
     2,570,643   135,888   87,781   (35,280)   (373)   (46,715)    (148,748)   (194,962)    2,368,234  
Of the total, the amounts of R$ 36,687 and R$ 92,312 refers to investments that are now subsidiaries; R$ 65,521 refers to investment written off; R$ 427 from the sale of the associated company Dois Saltos Empreendimentos de Geração de Energia Elétrica Ltda ; and R$ 15 refers to the transfer to Other receivables.  
 

 

               
      Investment/        
      Advance   Proposed    
  Balance as of   for future   dividends   Balance as of
  January 1, 2017 Equity capital increase Amortization and JCP Other (a) December 31, 2017
Joint Ventures (17.3)              
Dominó Holdings (a)   81,526 (568) -   - (5,144) (75,814)   -
Voltalia São Miguel do Gostoso I   75,563 (565) -   -   -   - 74,998
Voltalia São Miguel do Gostoso - authorization rights   11,140   - -   (367)   -   - 10,773
Paraná Gás 37 (34) -   -   -   -   3
Costa Oeste (Note 1.2)   37,232   (2,566) -   - (1,020)   - 33,646
Marumbi (Note 1.2)   94,878   (9,537) -   -   -   - 85,341
Transmissora Sul Brasileira (Note 1.2)   69,369   (5,009) -   -   -   - 64,360
Caiuá   60,057   (4,020) -   -   -   - 56,037
Integração Maranhense   122,253   (8,852) -   -   -   - 113,401
Matrinchã   792,069   57,376 -   - (13,626)   - 835,819
Guaraciaba   398,969   25,377 -   - (6,026)   - 418,320
Paranaíba   147,213   17,020 2,082   - (4,042)   - 162,273
Mata de Santa Genebra   232,240   19,477 210,920   - (3,263)   - 459,374
Cantareira   161,855   3,879 35,205   -   (921)   - 200,018
  2,284,401   91,978 248,207   (367) (34,042) (75,814)   2,514,363
Associates              
Dona Francisca Energética (17.4)   32,766   8,876 -   - (11,821)   - 29,821
Foz do Chopim Energética (17.4)   13,967   6,645 -   - (7,528)   - 13,084
Dominó Holdings - 4 -   -   -   2,453 2,457
Other   12,016   (5,764)   36   2,872   - 396 9,556
    58,749   9,761   36   2,872 (19,349)   2,849 54,918
Other investments   1,362  - -   -   -   - 1,362
  2,344,512   101,739 248,243   2,505 (53,391) (72,965)  2,570,643
(a) Of the total amount of R$75,814, R$73,361 refers to capital decrease and R$2,453 refers to the change in the investment of a Joint venture to an Associate.
Subsidiaries with Non-Controlling Interest Summarized Financial Information

 

                     
                     
                     
    Compagás Elejor UEG Araucária
     12.31.2018    12.31.2017    12.31.2016   12.31.2018    12.31.2017    12.31.2016   12.31.2018    12.31.2017    12.31.2016 
                     
   ASSETS              675,286             632,910             526,477             652,175             675,450             708,688             436,137             507,060             529,251
   Current assets              204,725             151,966             135,292               80,990               77,216               76,231               33,573               99,101             162,814
   Noncurrent assets              470,561             480,944             391,185             571,185             598,234             632,457             402,564             407,959             366,437
                     
   LIABILITIES              675,286             632,910             526,477             652,175             675,450             708,688             436,137             507,060             529,251
   Current liabilities              133,769             147,743             180,133             124,880             164,574             142,222               42,185               38,386               62,253
   Noncurrent liabilities              106,900               87,409               46,716             473,318             449,149             486,765               23,290               22,470               20,422
   Equity              434,617             397,758             299,628               53,977               61,727               79,701             370,662             446,204             446,576
                     
   STATEMENT OF INCOME                   
   Operating revenues              588,532             515,563             542,822             293,942             291,597             263,686                    524             129,084               57,432
   Operating costs and expenses            (515,594)           (309,213)           (534,817)             (89,931)             (93,230)             (96,321)             (94,970)           (121,883)           (259,324)
   Financial results                (2,411)             (25,612)               (1,422)             (89,301)             (54,254)             (93,717)                 2,275                 5,302               18,499
   Equity in earnings of investees                         -                        -                        -                        -                        -                        -                        -               (5,777)             (55,284)
   Income tax and social contribution              (10,909)             (66,785)               (1,632)             (38,379)             (47,893)             (24,525)               16,316               (7,098)               46,358
   Net income (loss)                59,618             113,953                 4,951               76,331               96,220               49,123             (75,855)                  (372)           (192,319)
   Other comprehensive income                     187                  (251)                    132                        -                        -                        -                        -                        -                        -
   Total comprehensive income                 59,805             113,702                 5,083               76,331               96,220               49,123             (75,855)                  (372)           (192,319)
                     
   STATEMENTS OF CASH FLOWS                   
   Cash flows from operational activities                66,017               83,661               32,714             127,108             143,911             104,136             (26,980)             (86,840)               65,203
   Cash flows from investment activities              (15,961)             (14,268)             (25,975)               (2,659)               (1,461)               (1,465)               (2,768)             118,460               21,587
   Cash flows from financing activities              (43,980)             (20,623)                  (751)           (119,468)           (143,028)           (105,843)                        -                        -           (200,000)
                     
   TOTAL EFFECTS ON CASH AND CASH EQUIVALENTS                     6,076               48,770                 5,988                 4,981                  (578)               (3,172)             (29,748)               31,620           (113,210)
   Cash and cash equivalents at the beginning of the year                84,079               35,309               29,321               37,905               38,483               41,655               51,264               19,644             132,854
   Cash and cash equivalents at the end of the year                90,155               84,079               35,309               42,886               37,905               38,483               21,516               51,264               19,644
   CHANGE IN CASH AND CASH EQUIVALENTS                      6,076               48,770                 5,988                 4,981                  (578)               (3,172)             (29,748)               31,620           (113,210)
Changes in Equity Attributable to Non-Controlling Shareholders

 

Participation in capital stock Compagás:  49% Elejor:  30% UEG Araucária:  20% Consolidated 
Balance as of January 1, 2016                      144,904              22,200                                 150,849                    317,953
Net income (loss)                          2,425              14,736                               (38,461)                    (21,300)
Other comprehensive income                               65  -                                            -                             65
Deliberation of additional dividends proposed                                  -  -                                (23,072)                    (23,072)
Distribution of dividends with retained earnings                                  -              (9,342)                                           -                      (9,342)
Dividends                           (576)              (3,684)                                           -                      (4,260)
Balance as of December 31, 2016                      146,818              23,910                                 89,316                    260,044
Net income (loss)                        55,837              28,866                                      (74)                      84,629
Other comprehensive income                           (123)                       -                                           -                         (123)
Deliberation of additional dividends proposed                                  -            (11,053)                                           -                    (11,053)
Dividends                        (7,631)            (23,205)                                           -                    (30,836)
Balance as of December 31, 2017                      194,901              18,518                                 89,242                    302,661
Net income (loss)                        29,213              22,899                               (15,171)                      36,941
Other comprehensive income                               91                       -                                        63                           154
Dividends                      (11,243)            (25,224)                                           -                    (36,467)
Balance as of December 31, 2018                      212,962              16,193                                 74,134                    303,289
Assets, Liabilities and Profit or Loss of the Main Joint Ventures

 

                 
  Voltalia Caiuá Integração Maranhense Matrinchã Guaraciaba Paranaíba Mata de Santa Genebra Cantareira
12.31.2018
.                
ASSETS 227,867 261,951   465,801 2,199,434 1,295,670 1,574,846 2,365,160 1,443,693
Current assets 2,344 26,471   47,347   326,557   229,693   165,072   202,253   161,328
Cash and cash equivalents   205 1,128 1   116,634   136,191   13,931   19,568 301
Other current assets 2,139 25,343   47,346   209,923   93,502   151,141   182,685   161,027
Noncurrent assets 225,523 235,480   418,454 1,872,877 1,065,977 1,409,774 2,162,907 1,282,365
.                
LIABILITIES 227,867 261,951   465,801 2,199,434 1,295,670 1,574,846 2,365,160 1,443,693
Current liabilities 2,216 24,955   73,856   137,627   79,701   104,599   124,606  60,964
Financial liabilities   - 7,615   13,228   70,192   27,950   55,968   33,964   46,329
Other current liabilities 2,216 17,340   60,628   67,435   51,751   48,631   90,642   14,635
Noncurrent liabilities   - 84,672   127,284   687,897   487,520   814,798 1,273,962   734,724
Financial liabilities   - 57,028   91,342   683,316   482,125   612,854   934,650   532,179
Other noncurrent liabilities   - 27,644   35,942   4,581   5,395   201,944   339,312   202,545
Equity 225,651 152,324   264,661 1,373,910   728,449   655,449   966,592   648,005
.                
STATEMENT OF INCOME                
Net operating income   - 25,129   42,379   272,103   181,665   (14,331)   514,591   195,441
Operating costs and expenses   (103) (4,785) (7,732)   (47,771)   (27,273)   (23,244) (462,839)   (60,529)
Financial results   (170) (5,017) (7,817)   (61,910)   (35,036)  (57,977) (59,507)   (58,402)
Equity in income of subsidiaries (7,815)   -   -   -   -   -  -   -
Income tax and social contribution   - (5,053) (7,974)   (59,544)   (47,273)   28,163   2,685   (26,379)
Net income (loss) (8,088) 10,274   18,856   102,878   72,083   (67,389) (5,070)   50,131
Other comprehensive income   -   -   -   -   -   -   -   -
Total comprehensive income (8,088) 10,274   18,856  102,878   72,083   (67,389) (5,070)   50,131
.                
Investment interest - % 49.0 49.0   49.0   49.0   49.0   24.5   50.1   49.0
Investment book value 110,568 74,639   129,684   673,216   356,941   160,584   484,262   317,523
                 

 

 

                   
  Voltalia Transmissora Sul Brasileira Caiuá Integração Maranhense Matrinchã Guaraciaba Paranaíba Mata de Santa Genebra Cantareira
12.31.2017
.                  
ASSETS   155,272 659,464   230,743   466,783   2,774,973 1,428,247   1,698,213 1,722,063   952,670
Current assets 2,141 56,604 22,895   44,594 297,331   139,920 233,065   107,568 6,046
Cash and cash equivalents 3 25,547 1,626   2,224 116,256   34,364   29,066   96,244 5,169
Other current assets 2,138 31,057 21,269   42,370 181,075   105,556 203,999   11,324   877
Noncurrent assets   153,131 602,860   207,848   422,189   2,477,642 1,288,327   1,465,148 1,614,495   946,624
.                  
LIABILITIES   155,272 659,464   230,743   466,783   2,774,973 1,428,247   1,698,213 1,722,063   952,670
Current liabilities 2,214 220,845 23,608   71,563 140,515   71,818 124,764   12,630 9,706
Financial liabilities   - 212,618 7,427   13,240   48,686   32,627   53,317   -   -
Other current liabilities 2,214 8,227 16,181   58,323   91,829   39,191   71,447   12,630 9,706
Noncurrent liabilities   - 116,818 92,774   163,790 928,706   502,713 911,107   792,519   534,764
Financial liabilities   - 106,174 64,081   103,755 712,198   388,806 638,779   703,897   439,192
Other noncurrent liabilities   - 10,644 28,693   60,035 216,508   113,907 272,328   88,622 95,572
Equity   153,058 321,801   114,361   231,430   1,705,752   853,716 662,342   916,914   408,200
.                  
STATEMENT OF INCOME                  
Net operating income   - 53,374   (2,904) (14,460) 403,891   208,444 320,302   588,123   392,766
Operating costs and expenses (113)   (63,752)   (5,194) (4,245)   (183,660) (93,369)   (150,984) (434,779) (347,771)
Financial results 9   (26,994)   (6,017) (9,070) (47,331) (36,981) (59,132) (94,512)   (35,207)
Equity in income of subsidiaries   (1,048)   -   - - - - -   -   -
Income tax and social contribution   - 12,330 5,908   9,709 (55,808) (26,303) (40,717) (19,955)   (1,871)
Net income (loss)   (1,152)   (25,042)   (8,207) (18,066) 117,092   51,791   69,469   38,877 7,917
Other comprehensive income   -   -   - - - - -   -   -
Total comprehensive income   (1,152)   (25,042)   (8,207) (18,066) 117,092   51,791  69,469   38,877 7,917
.                  
Investment interest - % 49.0 20.0 49.0 49.0   49.0 49.0   24.5 50.1 49.0
Investment book value 74,998 64,360 56,037   113,401 835,819   418,320 162,273   459,374   200,018
.                  
                   

 

                           
                           
                           
    Dominó (a) Voltalia Costa Oeste Marumbi Transmissora Sul Brasileira Caiuá Integração Maranhense Matrinchã Guaraciaba Paranaíba Mata de Santa Genebra Cantareira
  12.31.2016
  .                        
  ASSETS      180,049        156,422      112,601         185,888                     696,381             255,276                  513,186          2,583,118              1,247,036             1,284,733                    1,050,330              525,446
  Current assets        24,725            2,177          9,892           12,614                       51,963               26,820                    49,355             273,185                 107,429                  41,648                         59,160                  1,242
  Cash and cash equivalents          5,340                 41          4,323             3,324                       23,295                 1,435                         115             118,196                   16,284                    3,051                         47,792                     157
  Other current assets        19,385            2,136          5,569             9,290                       28,668               25,385                    49,240             154,989                   91,145                  38,597                         11,368                  1,085
  Noncurrent assets      155,324        154,245      102,709         173,274                     644,418             228,456                  463,831          2,309,933              1,139,607             1,243,085                       991,170              524,204
  .                        
  LIABILITIES      180,049        156,422      112,601         185,888                     696,381             255,276                  513,186          2,583,118              1,247,036             1,284,733                    1,050,330              525,446
  Current liabilities        13,669            2,212          8,003           17,760                       33,949               26,776                    76,137             120,886                   41,099                  83,078                       523,351              140,759
  Financial liabilities                  -                   -          3,110             5,190                       25,153                 7,387                    13,188               52,625                     9,928                  45,939                       489,017                65,697
  Other current liabilities        13,669            2,212          4,893           12,570                         8,796               19,389                    62,949               68,261                   31,171                  37,139                         34,334                75,062
  Noncurrent liabilities                  -                   -        31,594           49,531                     315,589             105,934                  187,554             845,764                 391,712                600,784                         63,427                54,373
  Financial liabilities                  -                   -        27,426           43,171                     308,859               70,633                  115,732             747,709                 378,528                561,700                                   -                         -
  Other noncurrent liabilities                  -                   -          4,168             6,360                         6,730               35,301                    71,822               98,055                   13,184                  39,084                         63,427                54,373
  Equity      166,380        154,210        73,004         118,597                     346,843             122,566                  249,495          1,616,468                 814,225                600,784                       463,552              330,314
  .                        
  STATEMENT OF INCOME                        
  Net operating income                  -                   -        20,433           37,559                       56,553               38,148                    64,428             433,833                 310,380                322,855                       570,237              337,614
  Operating costs and expenses           (969)             (122)        (3,341)          (11,906)                     (12,042)               (4,008)                    (2,851)           (237,779)               (204,412)              (185,789)                     (497,852)            (321,966)
  Financial results      (24,062)                   5        (1,213)            (3,596)                     (32,674)               (6,432)                  (10,934)             (66,462)                 (73,693)                (58,703)                       (80,255)                     225
  Equity in income of subsidiaries      101,543            8,987                  -                     -                                 -                         -                             -                         -                            -                           -                                   -  
  Income tax and social contribution                  -                   -        (1,426)            (1,822)                       (2,810)             (11,355)                  (18,125)             (44,061)                   (9,429)                (25,924)                           2,724                (5,354)
  Net income (loss)        76,512            8,870        14,453           20,235                         9,027               16,353                    32,518               85,531                   22,846                  52,439                         (5,146)                10,519
  Other comprehensive income        (9,669)                   -                  -                     -                                 -                         -                             -                         -                            -                           -                                   -                         -
  Total comprehensive income         76,512            8,870        14,453           20,235                         9,027               16,353                    32,518               85,531                   22,846                  52,439                         (5,146)                10,519
  .                        
  Investment interest - %            49.0              49.0            51.0               80.0                           20.0                   49.0                        49.0                   49.0                       49.0                      24.5                             50.1                    49.0
  Investment book value         81,526          75,563        37,232           94,878                       69,369               60,057                  122,253             792,069                 398,969                147,213                       232,240              161,855
  .                        

 

 

 
Assets, Liabilities and Profit or Loss of the Main Associates

 

  Dona Francisca Foz do Chopim
   12.31.2018    12.31.2017    12.31.2016   12.31.2018    12.31.2017    12.31.2016 
.            
ASSETS             134,141             138,079             151,563             106,736               61,163               48,937
Current assets               12,493               10,304               19,311               73,786               21,553               11,043
Noncurrent assets             121,648             127,775             132,252               32,950               39,610               37,894
.            
LIABILITIES             134,141             138,079             151,563             106,736               61,163               48,937
Current liabilities                 4,231                 4,144                 5,306               57,603                 1,808                 2,336
Noncurrent liabilities                 3,361                 4,443                 3,982               26,133               22,776                 7,553
Equity             126,549             129,492             142,275               23,000               36,579               39,048
.            
STATEMENT OF INCOME            
Net operating income               70,716               70,716               70,208               46,479               40,441               40,762
Operating costs and expenses             (25,268)             (30,379)             (34,074)               (2,020)             (21,124)             (10,130)
Financial income (expense)                    366                    835                 1,453                  (638)                    809                    795
Income tax and social contribution               (2,446)               (2,632)               (3,275)               (6,880)               (1,547)               (1,580)
Net income                43,368               38,540               34,312               36,941               18,579               29,847
Other comprehensive income                        -                        -                        -                        -                        -                        -
Total comprehensive income                43,368               38,540               34,312               36,941               18,579               29,847
.            
Investment interest - %             23.0303             23.0303             23.0303                 35.77                 35.77                 35.77
Investment book value                29,144               29,821               32,766                 8,227               13,084               13,967