XML 93 R77.htm IDEA: XBRL DOCUMENT v3.19.1
30. Equity (Tables)
12 Months Ended
Dec. 31, 2018
Equity Tables Abstract  
Classes of Shares and Main Shareholders
                 
              Number of shares in units
Shareholders Common Class "A” Preferred Class “B” preferred Total
   in share %  in share %  in share %  in share %
State of Paraná  85,028,598  58.63  -  -    -  -    85,028,598  31.07
BNDES  38,298,775  26.41  -  -    27,282,006  21.26  65,580,781  23.96
Eletrobrás  1,530,774  1.06  -  -    -  -    1,530,774  0.56
Free float:  -  -    -  -    -  -      -  
B3  19,186,634  13.23  76,763  23.36  69,782,600  54.39  89,045,997  32.54
NYSE  649,508  0.45  -  -    30,973,304  24.15  31,622,812  11.56
Latibex  -  -    -  -    208,846  0.16  208,846  0.08
Municipalities  178,393  0.12  9,326  2.84  3,471  -    191,190  0.07
Other shareholders  158,398  0.10  242,538  73.80  45,441  0.04  446,377  0.16
   145,031,080  100.00  328,627  100.00  128,295,668  100.00  273,655,375  100.00
Changes in Equity Value Adjustments

 

  Equity
Valuation
Adjustments

Accumulated

Other
Comprehensive
Income

Total
As of January 1, 2016             1,051,044                    126,328             1,177,372
Adjustments to financial assets available for sale    
Financial investments                           -                             (2)                         (2)
Equity interest investments                           -                        3,614                    3,614
Taxes on adjustments                           -                      (1,229)                  (1,229)
Adjustments related to actuarial liabilities      
Post employment benefits                           -                    (88,906)                (88,906)
Taxes on adjustments                           -                      30,174                  30,174
Post employment benefits -  equity                           -                         (852)                     (852)
Realization of equity evaluation adjustment      
Deemed cost of fixed assets              (154,102)                               -              (154,102)
Taxes on the adjustments                  52,395                               -                  52,395
Actuarial liabilities - investment realization                (19,933)                               -                (19,933)
Attributed to non-controlling interest                           -                           (65)                       (65)
As of December 31, 2016                929,404                      69,062                998,466
Adjustments to financial assets available for sale    
Financial investments                           -                               3                           3
Taxes on adjustments                           -                               (1)                         (1)
Equity interest investments                           -                      26,135                  26,135
Taxes on adjustments                           -                      (8,887)                  (8,887)
Adjustments related to actuarial liabilities      
Post employment benefits                           -                    (46,506)                (46,506)
Taxes on adjustments                           -                      16,827                  16,827
Realization of equity evaluation adjustment      
Deemed cost of fixed assets              (108,561)                               -              (108,561)
Taxes on the adjustments                  36,911                               -                  36,911
Gains on Investments in equity investments (Note 16.1)                           -                    (28,650)                (28,650)
Taxes on adjustments                           -                        9,741                    9,741
Attributed to non-controlling interest                           -                           123                       123
As of December 31, 2017                857,754                      37,847                895,601
Adjustments related to actuarial liabilities      
Post employment benefits                           -                    (58,354)                (58,354)
Taxes on adjustments                           -                      19,994                  19,994
Realization of equity evaluation adjustment      
Deemed cost of fixed assets              (101,645)                               -              (101,645)
Taxes on the adjustments                  34,559                               -                  34,559
Reclassification by the adoption of IFRS 9                               -
Equity interest investments                           -                      (4,391)                  (4,391)
Attributed to non-controlling interest                           -                         (154)                     (154)
As of December 31, 2018                790,668                      (5,058)                785,610

Proposed Dividend Distribution

       
  12.31.2018 12.31.2017 12.31.2016
Calculation of minimum mandatory dividend (25%) - (1)      
Net income for the year   1,407,063   1,033,626 958,650
Legal Reserve (5%) (70,353) (51,681) (47,933)
Realization of equity evaluation adjustment 67,086 71,650 101,707
Calculation basis for minimum mandatory dividends   1,403,796   1,053,595   1,012,424
  350,949 263,399 253,106
       
Total proposed distribution - (2) (3 + 5) 378,542 289,401 282,947
       
Interest on own capital, net - (3) 280,000 266,000 282,947
Tax on interest on own capital (27,593) (26,002) (29,841)
Interest on own capital, net - (4) 252,407 239,998 253,106
       
Dividends proposed - (5) 98,542 23,401   -
       
Total proposed distribution, net - (6) (4 + 5) 350,949 263,399 253,106
       
Gross value of dividends per share:      
Ordinary shares 1.31950 1.00801 0.98539
Class “A” preferred shares 2.89050 2.89050 2.89050
Class “B” preferred shares 1.45151 1.10883 1.08410
       
Gross amount of dividends per class of shares:      
Ordinary shares 191,369 146,193 142,912
Class “A” preferred shares   950   950   949
Class “B” preferred shares 186,223 142,258 139,086

Earnings Per Share - Basic and Diluted

       
  12.31.2018 12.31.2017 12.31.2016
Basic and diluted numerator      
Basic and diluted earnings allocated by classes of shares, allocated to controlling shareholders:      
Common shares 712,234 523,206 453,427
Class “A” preferred shares 1,775 1,304 1,197
Class “B” preferred shares 693,054 509,116 441,148
    1,407,063   1,033,626 895,772
Basic and diluted denominator      
Weighted average of shares (in thousands):      
Common shares   145,031,080   145,031,080   145,031,080
Class “A” preferred shares 328,627 328,627 348,531
Class “B” preferred shares   128,295,668   128,295,668   128,275,764
    273,655,375   273,655,375   273,655,375
Basic and diluted earnings per share attributable to shareholders of parent company      
Common shares 4.91091 3.60754 3.12641
Class “A” preferred shares 5.40201 3.96830 3.43906
Class “B” preferred shares 5.40201 3.96830 3.43906