XML 242 R40.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Operating Segments
 12 Months Ended
Dec. 31, 2023
Operating Segments  
Operating Segments

  

33.Operating Segments

 

Operating segments are business activities that generate revenues and incur expenses, whose operating results are regularly reviewed by the executive boards of the Company and by key strategic decision-makers responsible for allocating funds and assessing performance.

 

33.1Products and services from which the reportable segments have their revenues generated

 

The Company operates in reportable segments identified by Management, through the chief officers of each business area, taking into consideration the regulatory environments, the strategic business units and the different products and services. These segments are managed separately, since each business and each company require different technologies and strategies.

Until December 31, 2023, all sales have been to customers within the Brazilian territory, in addition, all noncurrent assets are also located in the national territory. The Company did not identify any customer who individually accounts for more than 10% of their total net revenue until December 31, 2023.

 

The Company evaluates the performance of each segment, based on information derived from the accounting records. The accounting policies of the operating segments are the same as those described in Note 4.

 

33.2Company’s reportable segments

 

Power generation and transmission (GET) - its attribution is to produce electricity from hydraulic, wind, and thermal projects (GER) and to provide services of transmission and transformation of electric power, being responsible for the construction, operation and maintenance of substations, as well for the energy transmission lines (TRA); for managers, the assets and liabilities of the generation and transmission segments are shown on an aggregate basis while their result is presented separately;

 

Power distribution (DIS) - its attribution is to provide public electricity distribution services, being responsible for the operation and maintenance of the distribution infrastructure, as well as providing related services;

 

GAS - its attribution is to provide public service of piped natural gas distribution. The segment will be discontinued after the completion of the Compagas divestment process (Note 39)

 

Power sale (COM) - its attribution is to trade energy and related services;

 

Holding and Services - its attribution is the provision of services, including rental of distributed generation infrastructure, and participation in other companies.

 

As a result of the divestment process of Compagas and UEGA detailed in Note 39, the statements of assets and results by segment presented below contain the reclassification column of the balances of the discontinued operation that are part of the power generation and gas segments.

 

33.3Assets by reportable segment

 

               
ASSETS Electric Energy GAS Holding and Services Reclassi-
fications
Note 39		 Intersegment operations Total
12.31.2023 GET DIS COM
TOTAL ASSETS   26,663,528   21,831,127   1,824,990   1,023,624   6,026,072   1,446,991   (2,997,258)       55,819,074
CURRENT ASSETS     3,841,190     5,153,666   1,074,359      240,017   4,994,382      276,597   (1,864,481)       13,715,730
NONCURRENT ASSETS     22,822,338   16,677,461      750,631      783,607   1,031,690   1,170,394   (1,132,777)       42,103,344
Long term assets     6,966,439     8,229,821      740,114        73,274      795,749      171,431      (633,391)       16,343,437
Investments     3,345,350               443                  -                  -      166,004                  -                   -         3,511,797
Property, plant and equipment   11,060,949                    -             770                  -        52,305      288,602      (577,205)       10,825,421
Intangible assets     1,341,216     8,317,327          5,784      699,697          7,247      699,725         99,093       11,170,089
Right-of-use asset        108,384        129,870          3,963        10,636        10,385        10,636        (21,274)            252,600

 

               
ASSETS Electric Energy GAS Holding and Services Intersegment operations Total
12.31.2022 GET DIS COM
TOTAL ASSETS   24,917,856   20,538,815   1,808,971   1,083,713   2,244,405      (890,060)       49,703,700
CURRENT ASSETS     3,237,725     4,937,240      990,867      282,714   1,311,618   (1,432,915)         9,327,249
NONCURRENT ASSETS     21,680,131   15,601,575      818,104      800,999      932,787       542,855       40,376,451
Long term assets     6,819,202     8,200,557      809,498        59,505      732,365      (178,982)       16,442,145
Investments     3,163,152               534                  -                  -      162,045                   -         3,325,731
Property, plant and equipment   10,054,763                    -             541                  -        14,164                   -       10,069,468
Intangible assets     1,559,776     7,257,827          6,193      726,107          5,987       721,837       10,277,727
Right-of-use asset          83,238        142,657          1,872        15,387        18,226                   -            261,380

 

  

33.4Statement of income by reportable segment

 

                 
STATEMENT OF INCOME Electric Energy GAS Holding and Services Reclassi-
fications
Note 39		 Inter-
segment operations		 Total
  GET    
12.31.2023 GER TRA DIS COM
CONTINUING OPERATIONS                  
NET OPERATING REVENUE 4,179,457 1,096,351  15,085,707  4,056,904  978,581  -  (977,148) (2,940,384) 21,479,468
Net operating revenue - third-parties 1,764,212  687,829  15,048,581  3,978,846  17,014  -  (17,014) - 21,479,468
Net operating revenue - between segments 2,415,245  408,522 37,126 78,058  961,567  -  (960,134) (2,940,384) -
OPERATING COSTS AND EXPENSES (2,372,792)  (474,506) (13,983,117)  (3,948,286)  (814,455) (218,272)  778,481  2,940,384 (18,092,563)
Energy purchased for resale  (214,198)  (14,741) (6,074,752)  (3,908,484) -  -  3,282  2,492,703 (7,716,190)
Charges for use of the main transmission grid  (658,229)  - (2,715,273)  - -  -  33,873 442,919 (2,896,710)
Personnel and management  (368,744)  (247,393) (1,174,906) (21,133)  (43,201) (72,537)  49,582 - (1,878,332)
Pension and healthcare plans  (49,626)  (33,003)  (167,533) (1,877)  (6,222) (8,853)  6,955 -  (260,159)
Materials and supplies  (20,937)  (5,583)  (74,501)  (77)  (1,574) (1,609)  1,614 -  (102,667)
Raw materials and supplies for generation   (19,113)  - -  - -  - 158 1,301  (17,654)
Natural gas and supplies for gas business -  - -  -  (678,885)  -  678,885 - -
Third party services  (242,712)  (50,019)  (643,999) (3,389)  (13,861) (68,186)  22,517 3,337  (996,312)
Depreciation and amortization  (843,480)  (16,207)  (521,301) (2,003)  (41,148) (4,700)  46,799 - (1,382,040)
Provision for litigations  (8,204)  (12,777)  (101,960)  (233) (263) (44,815)  10,584 -  (157,668)
Reversal of impairment of assets  285,825  - -  - -  -  (108,132) -  177,693
Other estimated losses, provisions and reversals  (7,109)  (2,334)  (99,123) (3,694) (285)  - 285 -  (112,260)
Construction cost -  (85,181) (2,234,539)  -  (17,010)  -  17,010 - (2,319,720)
Other operating costs and expenses, net  (226,265)  (7,268)  (175,230) (7,396)  (12,006) (17,572)  15,069  124  (430,544)
EQUITY IN EARNINGS OF INVESTEES  16,651  283,939 -  - -  7,219  - -  307,809
PROFIT (LOSS) BEFORE FINANCIAL                  
 INCOME AND TAX  1,823,316  905,784  1,102,590 108,618  164,126 (211,053)  (198,667) - 3,694,714
Financial income  333,990  66,922 479,944 38,577  36,559  182,829  (46,362)  (23,343) 1,069,116
Financial expenses  (791,547)  (344,524)  (955,046)  (717)  (48,316) (203,206)  45,907 23,343 (2,274,106)
OPERATING PROFIT (LOSS) 1,365,759  628,182 627,488 146,478  152,369 (231,430)  (199,122) - 2,489,724
Income tax and social contribution  (228,373)  1,779  (58,368) (40,928)  (40,750)  4,962  7,621 -  (354,057)
NET INCOME (LOSS) FROM CONTINUING OPERATIONS 1,137,386  629,961 569,120 105,550  111,619 (226,468)  (191,501) - 2,135,667
Result of discontinued operations -  - -  - -  -  191,501 -  191,501
NET INCOME (LOSS) 1,137,386  629,961 569,120 105,550  111,619 (226,468)  - - 2,327,168

 

                   
STATEMENT OF INCOME Electric Energy GAS Holding and Services Reclassi-
fications
Note 39		 Inter-
segment operations		 Total
Restated GET    
12.31.2022 GER TRA DIS COM
CONTINUING OPERATIONS                  
NET OPERATING REVENUES  4,099,740 1,140,734  13,903,300 4,938,368 1,297,034 8,014 (1,392,380) (3,459,469) 20,535,341
Net operating revenue - third-parties  1,369,563  781,448  13,866,122 4,608,702 1,293,872 8,014 (1,392,380) - 20,535,341
Net operating revenue - between segments  2,730,177  359,286 37,178  329,666  3,162  - - (3,459,469) -
OPERATING COSTS AND EXPENSES (2,766,048)  (303,450) (13,418,798) (4,814,710)  (1,076,181) (570,344)  1,424,916  3,459,469 (18,065,146)
Energy purchased for resale  (386,210)  - (5,980,124) (4,790,427)  -  - -  3,059,851 (8,096,910)
Charges for use of the main transmission grid  (599,422)  - (2,313,203) -  -  - 32,530 392,098 (2,487,997)
Personnel and management  (207,684)  (123,528)  (599,121)  (12,712) (42,166) (41,651) 48,958 -  (977,904)
Pension and healthcare plans  (48,973)  (30,948)  (169,493)  (1,787) (5,366) (9,614) 5,984 -  (260,197)
Materials and supplies  (13,227)  (5,297)  (71,302) (53) (1,644)  (924) 1,906 -  (90,541)
Raw materials and supplies for generation   (123,279)  - - -  -  - 111,060 2,870  (9,349)
Natural gas and supplies for gas business -  - - - (939,516)  - 939,516 - -
Third party services  (207,239)  (37,041)  (505,407)  (2,665) (13,316) (41,702) 46,192 6,627  (754,551)
Depreciation and amortization  (783,828)  (13,692)  (454,307) (353) (44,190) (4,612) 67,885 - (1,233,097)
Provision (reversal) for litigations  (17,503) (951)  (162,414) 31  (24) (445,741) 2,860 -  (623,742)
Impairment of assets  (82,758)  - - - (1,629)  - 109,761 -  25,374
Other estimated losses, provisions and reversals (992)  3,065  (119,481)  (1,755) (1,064)  - 1,064 -  (119,163)
Construction cost -  (89,166) (2,048,022) - (12,024)  - 12,024 - (2,137,188)
Provision for allocation of PIS and Cofins credits -  -  (810,563) -  -  - - -  (810,563)
Other operating costs and expenses, net  (294,933)  (5,892)  (185,361)  (4,989) (15,242) (26,100) 45,176  (1,977)  (489,318)
EQUITY IN EARNINGS OF INVESTEES 20,370  450,235 - -  - 7,972 - -  478,577
PROFIT (LOSS) BEFORE FINANCIAL                  
 INCOME AND TAX   1,354,062 1,287,519 484,502  123,658  220,853 (554,358) 32,536 - 2,948,772
Financial income 210,356  58,514 593,726  32,667  56,730 87,621  (76,424)  (6,777)  956,413
Financial expenses  (669,382)  (272,287)  (752,097) (291) (28,290) (271,934) 36,577 6,777 (1,950,927)
Update of provision for allocation of                  
 PIS and Cofins credits -  - (1,011,370) -  -  - - - (1,011,370)
OPERATING PROFIT (LOSS) 895,036 1,073,746  (685,239)  156,034  249,293 (738,671)  (7,311) -  942,888
Income tax and social contribution  (241,816)  (56,354) 455,465  (47,659) (70,092) 159,578 81,977 -  281,099
NET INCOME(LOSS) FROM CONTINUING OPERATIONS 653,220 1,017,392  (229,774)  108,375  179,201 (579,093) 74,666 - 1,223,987
Result of discontinued operations -  - - -  -  -  (74,666) -  (74,666)
NET INCOME (LOSS) 653,220 1,017,392  (229,774)  108,375  179,201 (579,093) - - 1,149,321

 

                       
STATEMENT OF INCOME Electric Energy TEL (a) GAS Holding and Services Reclassi-
fications
(a)		 Reclassi-
fications
Note 39		 Inter-
segment operations		 Total
Restated GET    
12.31.2021 GER TRA DIS COM
CONTINUING OPERATIONS                      
NET OPERATING REVENUES  6,185,468 1,541,080  14,836,392 4,536,414  243,611  783,277  40,478 (228,379) (3,008,071) (3,954,054) 20,976,216
Net operating revenue - third-parties  3,823,917 1,181,374  14,785,432 3,395,592  228,379  757,494  40,478 (228,379) (3,008,071) - 20,976,216
Net operating revenue - between segments  2,361,551  359,706 50,960 1,140,822  15,232  25,783  -  - - (3,954,054) -
OPERATING COSTS AND EXPENSES  (3,312,461) (457,137)  (13,669,382) (4,478,439)  (222,883)  (654,643) (246,871) 81,805  2,488,823  4,055,448 (16,415,740)
Energy purchased for resale  (1,279,857)  -  (7,277,499) (4,450,586) -  -  -  - -  3,504,199 (9,503,743)
Charges for use of the main transmission grid (524,562)  -  (2,363,451)  - -  -  -  - 27,941 386,372 (2,473,700)
Personnel and management (281,498) (167,041) (905,338)  (18,568)  (39,365)  (39,121) (99,926)  - 44,889 - (1,505,968)
Pension and healthcare plans (44,166) (27,954) (155,774)  (1,547)  (6,289)  (5,154) (7,889)  - 5,754 -  (243,019)
Materials and supplies (9,863) (4,161) (51,722) (17) (965)  (3,590)  (471)  965 3,634  2  (66,188)
Raw materials and supplies for generation   (1,878,815)  - -  - -  -  -  -  1,854,948 23,867 -
Natural gas and supplies for gas business -  - -  - -  (506,065)  -  - 506,065 - -
Third party services (203,823) (30,699) (450,752)  (2,925)  (38,690)  (13,850) (26,147) 38,690 69,983 21,597  (636,616)
Depreciation and amortization (616,267) (11,431) (406,632) (234)  (77,901)  (41,178) (3,515) 1,893 65,247 72,726 (1,017,292)
Provision (reversal) for litigations (25,238) (9,151) (89,662) (295)  4,845  (15,510) (50,215) (4,845) 15,846 -  (174,225)
Impairment of assets 150,697  (155) -  -  5,156  (15,688)  - (5,156)  (123,089) -  11,765
Other estimated losses, provisions and reversals (1,041) (3,498) (127,334) (511)  (8,612)  2,611 (28,662) 8,612  (2,611) 28,662  (132,384)
Construction cost - (187,733)  (1,700,889)  - -  (11,222)  -  - 11,222 - (1,888,622)
Hydrological risk renegotiation (GSF)  1,570,543  - -  - -  -  -  - - - 1,570,543
Other operating costs and expenses, net (168,571) (15,314) (140,329)  (3,756)  (61,062)  (5,876) (30,046) 41,646 8,994 18,023  (356,291)
EQUITY IN EARNINGS OF INVESTEES 16,596  339,774 -  - -  -  9,944  - - -  366,314
PROFIT (LOSS) BEFORE FINANCIAL                      
 INCOME AND TAX   2,889,603 1,423,717  1,167,010  57,975  20,728  128,634 (196,449) (146,574)  (519,248) 101,394 4,926,790
Financial income 128,461  19,542 457,697  14,151  19,183  19,422  313,617 (19,180)  (30,444)  (20,844)  901,605
Financial expenses (506,541) (160,961) (391,228) (211)  (44,928)  (9,605) (211,708) 44,928 11,440 20,844 (1,247,970)
OPERATING PROFIT (LOSS)  2,511,523 1,282,298  1,233,479  71,915  (5,017)  138,451 (94,540) (120,826)  (538,252) 101,394 4,580,425
Income tax and social contribution (675,107) (262,395) (375,597)  (18,190)  (6,284)  (38,860)  93,879 47,648 81,108  (24,726) (1,178,524)
NET INCOME(LOSS) FROM CONTINUING OPERATIONS  1,836,416 1,019,903 857,882  53,725  (11,301)  99,591  (661) (73,178)  (457,144) 76,668 3,401,901
Result of discontinued operations -  - -  - -  - 1,116,379 73,178 457,144 - 1,646,701
NET INCOME (LOSS)  1,836,416 1,019,903 857,882  53,725  (11,301)  99,591 1,115,718  - - 76,668 5,048,602
 NET INCOME (LOSS)                       
(a) TEL segment discontinued in 2021; reclassifications arising from the divestment process of Copel Telecomunicações, completed in August/2021.        

  

 

33.5Additions to noncurrent assets by reportable segment

 

           
  Electric Energy GAS Holding and Services Total
12.31.2023 GET DIS COM
             
 Contract assets                      -       1,966,034                     -            25,510                        -         1,991,544
             
 Property, plant and equipment           410,673                     -                 303                     -              44,066            455,042
             
 Intangible assets             10,280                     -              1,280                     -                1,828              13,388
 Right-of-use asset             41,314            34,958                 444            (1,363)                7,533              82,886

  

The table above includes R$118,002 of additions to property, plant and equipment in the power generation segment, that refer to UEGA, in addition to the Compagas additions shown in the gas segment column. According to NE 39, these two subsidiaries are in the process of divestment.

             
  Electric Energy GAS Holding and Services Total
12.31.2022 GET DIS COM
             
Contract assets                     -       1,848,201                     -            13,955                        -         1,862,156
             
Property, plant and equipment          480,852                     -                 290                     -                4,479            485,621
             
Intangible assets              4,368                     -              2,318                     -                1,633                8,319
Right-of-use asset            17,020            91,584                 227              5,408                2,756            116,995