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30 Equity (Tables)
 12 Months Ended
Dec. 31, 2019
EQUITY  
Schedule ofclasses of shares and main shareholders

Shareholding interests (comprising no par value shares) and main shareholders are shown below:

              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
Eletrobras 1,530,774 1.06    -    -    -   -  1,530,774   0.56
Free float:                
B3   19,727,829   13.60   76,783    23.47   73,612,755   57.38   93,417,367    34.15
NYSE 108,545 0.07    -    -    27,181,283   21.19   27,289,828   9.97
Latibex   -   -     -    -  170,911 0.13 170,911   0.06
City Halls 178,393 0.12   9,326   2.85 3,471   -  191,190   0.07
Other shareholders 158,166 0.11 241,033    73.68    46,727 0.04 445,926   0.16
  145,031,080    100.00 327,142 100.00 128,297,153    100.00 273,655,375   100.00
Schedule ofchanges in equity Value adjustments

Adjustments arising from the changes in fair value involving financial assets, as well as actuarial gains and losses, are also recorded in this line item. 

  Equity Valuation Adjustments Accumulated Other Comprehensive Income Total
As of January 1, 2017    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
Adjustments related to actuarial liabilities      
Post employment benefits    - (186,628) (186,628)
Taxes on adjustments    -   63,444   63,444
Realization of equity evaluation adjustment      
Deemed cost of fixed assets    (100,342) - (100,342)
Taxes on the adjustments    34,116 - 34,116
Attributed to non-controlling interest - (4,273)   (4,273)
As of December 31, 2019    724,442 (132,515)    591,927
Schedule of proposed dividend distribution

30.4    Proposed dividend distribution 

       
Parent Company 12.31.2019 12.31.2018 12.31.2017
Calculation of minimum mandatory dividend (25%) - (1)      
Net income for the year  1,989,946  1,407,063  1,033,626
Legal Reserve (5%)   (99,497)   (70,353)   (51,681)
Realization of equity evaluation adjustment    66,226    67,086    71,650
Calculation basis for minimum mandatory dividends  1,956,675  1,403,796  1,053,595
  489,169 350,949 263,399
       
Total proposed distribution - (2) (3 + 5) 643,000 378,542 289,401
       
Interest on own capital, net - (3) 643,000 280,000 266,000
Tax on interest on own capital   (56,584)   (27,593)   (26,002)
Interest on own capital, net - (4) 586,416 252,407 239,998
       
Dividends proposed - (5)    -    98,542    23,401
       
Total proposed distribution, net - (6) (4 + 5) 586,416 350,949 263,399
       
Proposed additional dividend - (7) (6-1)    97,247    -    -
       
Interest on own capital, net, in advance, endorsed by CAD - (8) (4-1)    97,247    -    -
       
Gross value of dividends per share:      
Ordinary shares 2.24235 1.31950 1.00801
Class “A” preferred shares 3.94657 2.89050 2.89050
Class “B” preferred shares 2.46692 1.45151 1.10883
       
Gross amount of dividends per class of shares:      
Ordinary shares 325,210 191,369 146,193
Class “A” preferred shares   1,291 950 950
Class “B” preferred shares 316,499 186,223 142,258
Schedule of earnings per share - basic and diluted
     
  12.31.2019 12.31.2018 12.31.2017
Basic and diluted numerator      
Basic and diluted earnings allocated by classes of shares, allocated to controlling shareholders:      
Common shares 1,007,014 712,234 523,206
Class “A” preferred shares     2,984 1,775 1,304
Class “B” preferred shares 979,948 693,054 509,116
  1,989,946 1,407,063 1,033,626
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 327,368 328,627 328,627
Class “B” preferred shares 128,296,927 128,295,668 128,295,668
  273,655,375 273,655,375 273,655,375
       
Basic and diluted earnings per share attributable to controlling shareholders      
Common shares 6.94344 4.91091 3.60754
Class “A” preferred shares 9.11525 5.40201 3.96830
Class “B” preferred shares 7.63812 5.40201 3.96830