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8 CRC Transferred to the Parana State Government
12 Months Ended
Dec. 31, 2019
CRC Transferred To Parana State Government [Abstract]  
CRC Transferred to the Parana State Government

8      CRC Transferred to the Paraná State Government

The Company's Management and the Paraná State Government formalized on October 31, 2017 the fifth amendment to the agreement for renegotiation of the Account for Compensation of Income and Losses - CRC. The State of Paraná complied with the agreed terms and made the payments of the monthly interest until December 2017. With the end of the grace period, the State of Paraná has complied with the payments under the agreed terms, remaining 64 monthly installments to be paid. The contract balance is updated by the IGP-DI variation and interest of 6.65% p.a.

 8.1       Changes in CRC 

Balance as of   Monetary   Balance as of   Monetary   Balance as of
January 1, 2018 Interest variations Amortizations December 31, 2018 Interest variations Amortizations December 31, 2019
   1,516,362   93,009   95,788 (260,117)    1,445,042   87,710   96,519 (278,586)    1,350,685
Current          190,876          219,236
Noncurrent          1,254,166          1,131,449

 

8.2       Maturity of noncurrent installments 

2021    233,817
2022    249,367
2023    265,951
2024    283,638
After 2024   98,676
     1,131,449