XML 79 R45.htm IDEA: XBRL DOCUMENT
v3.25.1

Assets held for sale and Discontinued operations | 12 Months Ended
--- | ---
Dec. 31, 2024
Assets Held For Sale And Discontinued Operations |
Assets held for sale and Discontinued operations | 37. Assets held for sale and Discontinued operations In compliance with the guidelines of Copel Strategic Business Planning - Vision 2030 regarding the decarbonization of its asset portfolio, the prioritization of investments, actions directly related to its core business (electricity), the concentration on larger assets and the improvement of operational efficiency, Copel has evaluated the divestment and recycling of assets and participations, as below. UEG Araucária S.A. (UEGA) On December 14, 2023, Copel and Copel GeT signed the Share Purchase and Sale Agreement (“CCVA”) for the equity interest in UEGA with Âmbar Energia S.A., as described in Material Fact 20/23, and the value of the transaction on the base date of September 30, 2023, corresponding to the equity value related to Copel's 81.2% participation, was R$290,662. On July 1, 2024, after all the conditions of the CCVA had been met, the divestment of all the shares of Copel (20.3%) and Copel GET (60.9%) in UEGA to Âmbar Energia S.A. was completed for the total amount of R$261,355, of which R$58,132 had already been received as an advance on December 14, 2023. The gain recorded in the Company's income, net of transaction costs and taxes, amounted to R$14,504 and is presented in discontinued operations line. With the completion of the process, Copel ceased to control UEGA, transferring its assets and liabilities and the management of its business to the acquirers. Companhia Paranaense de Gás – Compagas On July 10, 2024, Copel entered into the Control Block Purchase and Sale Agreement (“CCVBC”) with Compass Dois Ltda., a subsidiary of Compass Gás e Energia S.A., regarding the sale of all shares representing 51% of Compagas and on September 16, 2024, after all conditions set forth in the “CCVBC” were met, the divestment was completed. The Company received 40% of the equity value of R$906,000, adjusted as provided for in the contract considering the base date of December 31, 2023.The payment of the updated remaining balance will occur in stages, with 30% by September 16, 2025 and 30% by September 16, 2026. The gain recorded in the Company's income, net of transaction costs and taxes, was R$455,842 and is presented in the discontinued operations line. Copel's control in Compagas was transferred at the conclusion of the divestment, with the management of its business passing to the acquirers. Small Generation Assets On May 8, 2024, the Board of Directors approved the beginning of the non-binding proposals stage for the divestment of 13 small generation assets of the wholly-owned subsidiary Copel GeT, totaling 118.7 MW of installed capacity, as outlined in the table below:
| Granted Power | Assured Energy
| (MW) | (MW average)
HGP Pitangui | 0.87 | 0.09
HGP Chopim I | 1.98 | 1.48
HGP Marumbi | 4.80 | 2.40
HGP Melissa | 1.00 | 0.64
HGP Salto do Vau | 0.94 | 0.57
Palmas Winds | 2.50 | 0.40
SHP Apucaraninha | 10.00 | 6.71
SHP Cavernoso | 1.30 | 0.96
SHP Cavernoso II | 19.01 | 10.56
SHP Chaminé | 18.00 | 11.60
SHP São Jorge | 2.30 | 1.54
HPP Guaricana | 36.00 | 16.10
TPP Figueira | 20.00 | 17.70
| 118.70 | 70.75
On 25 November 2024, a share purchase agreement (“CCVA”) was signed with Electra Hydra/Intrepid for a total amount of R$450,492, representing the equity value of the 13 assets. This amount will be adjusted in accordance with the contract. An advance payment of R$45,000 was received on December 16, 2024. On March 31, 2025, the divestment was partially completed, as disclosed in note 38.2. The assets will be transferred as and when the transactions are closed, which are subject to verification of the usual conditions for this type of transaction, including approval by the competent authorities. Asset Swap On December 12, 2024, according to Material Fact 12/24, Copel GeT entered into the Agreement for the Transfer of Establishment, Purchase and Sale of Equity Interest, Assignment of Equity Interest in Consortium with Purchase and Sale of Assets and Other Covenants with Eletrobras and its wholly-owned subsidiary Eletrobras CGT Eletrosul, through which they agreed the following: •Copel GeT will receive (i) Eletrobras' entire 49% stake in the Mauá Hydroelectric Power Plant and (ii) Eletrobras' entire 49.9% stake in the Mata de Santa Genebra S.A. (MSG) transmission company, with Copel GeT now holding a full stake in the respective assets; •Copel GeT will transfer the Colíder Hydroelectric Power Plant to Eletrobras; •In addition, Copel GeT will pay R$365,000 to Eletrobras through cash resources at the closing of the transaction, subject to usual market price adjustment mechanisms. The contract was signed considering the values on the base date of December 31, 2023, which includes the cash transfer and the financing of the three assets. The Assets swap is pending satisfaction of the usual conditions precedent for operations of this nature, including approval and consent from competent authorities such as Aneel and BNDES. CADE's approval was granted in January 2025. The Colíder HPP assets do not represent a separate line of business or a distinct geographical area of operations, nor do they constitute a subsidiary acquired exclusively for resale and are therefore not disclosed as discontinued operations. The company maintains its operations in the power generation sector. Balances classified as held for sale The breakdown of assets and liabilities classified as held for sale is as follows:
| HPP Colíder | Small generation assets | 12.31.2024 | Compagas | UEGA | 12.31.2023
Assets classified as held for sale |  |  |  |  |  |
Cash and cash equivalents | — |  | 13 |  | 13 |  | 101,437 |  | 22,354 |  | 123,791 |
Trade accounts receivable | — |  | — |  | — |  | 82,954 |  | — |  | 82,954 |
Inventories | — |  | — |  | — |  | 5,383 |  | — |  | 5,383 |
Current recoverable taxes and deferred taxes | — |  | — |  | — |  | 5,334 |  | 112,025 |  | 117,359 |
Judicial deposits | — |  | — |  | — |  | 61 |  | 41 |  | 102 |
Other receivables | — |  | — |  | — |  | 74,083 |  | 317 |  | 74,400 |
Contract assets | — |  | — |  | — |  | 44,039 |  | — |  | 44,039 |
Property, plant and equipment | 1,602,581 |  | 245,844 |  | 1,848,425 |  | — |  | 293,751 |  | 293,751 |
Intangible assets | 16,762 |  | 16,626 |  | 33,388 |  | 709,626 |  | 35 |  | 709,661 |
Right-of-use asset | — |  | — |  | — |  | 11,489 |  | — |  | 11,489 |
| 1,619,343 |  | 262,483 |  | 1,881,826 |  | 1,034,406 |  | 428,523 |  | 1,462,929 |
Liabilities associated with assets classified as held for sale |  |  |  |  |  |
Payroll, social charges and accruals | — |  | — |  | — |  | 9,452 |  | 702 |  | 10,154 |
Accounts payable to suppliers | — |  | — |  | — |  | 58,010 |  | 3,608 |  | 61,618 |
Taxes due | — |  | — |  | — |  | 51,325 |  | 277 |  | 51,602 |
Loans and financing | 484,981 |  | 22,695 |  | 507,676 |  | — |  | — |  | — |
Debentures | — |  | — |  | — |  | 284,202 |  | — |  | 284,202 |
Dividend payable | — |  | — |  | — |  | 11,914 |  | 8,109 |  | 20,023 |
Accounts payable related to concession | 32,505 |  | 280 |  | 32,785 |  | — |  | — |  | — |
Post-employment benefits | — |  | — |  | — |  | 8,608 |  | 718 |  | 9,326 |
Lease liability | — |  | — |  | — |  | 11,573 |  | — |  | 11,573 |
Provisions for legal claims | — |  | 951 |  | 951 |  | 16,431 |  | 10,935 |  | 27,366 |
Other accounts payable | — |  | — |  | — |  | 48,710 |  | 8,690 |  | 57,400 |
| 517,486 |  | 23,926 |  | 541,412 |  | 500,225 |  | 33,039 |  | 533,264 |
As of December 31, 2024, the balances include the book values of the assets and liabilities of the 13 small generation projects and the Colíder HPP. These balances have already been adjusted for the cessation of depreciation and amortization. The balances of UEGA and Compagas as of December 31, 2023 were settled with the closing of the operations on July 1, 2024 and September 16, 2024, respectively. Discontinued Operations The revenues, costs, expenses, and cash flow movements resulting from UEGA and Compagas, disclosed as discontinued operations, are detailed in the following tables.
Statements of Income from discontinued operations | 12.31.2024 | 12.31.2023 | 12.31.2022
Net operating revenue | 561,141 |  | 977,149 |  | 1,392,380 |
Operating costs | (446,073) |  | (692,718) |  | (1,322,823) |
Gross profit | 115,068 |  | 284,431 |  | 69,557 |
Selling expenses | (16,261) |  | (11,451) |  | (11,071) |
General and administrative expenses | (37,874) |  | (59,410) |  | (70,026) |
Other operational income (expenses) | (2,374) |  | (14,903) |  | (20,996) |
| (56,509) |  | (85,764) |  | (102,093) |
Profit (loss) before financial results and taxes | 58,559 |  | 198,667 |  | (32,536) |
Financial results | (10,806) |  | 455 |  | 39,847 |
Operating profit (loss) | 47,753 |  | 199,122 |  | 7,311 |
Income tax and social contribution | (26,527) |  | (7,621) |  | (81,977) |
Net income (loss) | 21,226 |  | 191,501 |  | (74,666) |
Gain on the share sales operation | 725,778 |  | — |  | — |
Income tax on sales gains | (255,433) |  | — |  | — |
Net income (loss) from discontinued operations | 491,571 |  | 191,501 |  | (74,666) |
Other comprehensive income from discontinued operations | — |  | 1,650 |  | 1,330 |
Comprehensive income from discontinued operations | 491,571 |  | 193,151 |  | (73,336) |
The table below presents a reconciliation of the results from discontinued operations. The amounts of eliminations of intercompany costs and expenses refer mainly to UEGA's operation and maintenance services provided by Copel GET, and to the monetary restatement of dividends from Compagas and UEGA.
| 12.31.2024 | 12.31.2023 | 12.31.2022
Result of discontinued operations attributed to shareholders of the parent company | 463,690 |  | 100,733 |  | (125,812) |
Result of discontinued operations attributed to non-controlling shareholders | 16,539 |  | 67,485 |  | 37,521 |
| 480,229 |  | 168,218 |  | (88,291) |
( + ) Elimination of intercompany costs/expenses | 11,342 |  | 23,283 |  | 13,625 |
Consolidated results of discontinued operations | 491,571 |  | 191,501 |  | (74,666) |
Statements of Cash Flows from discontinued operations | 12.31.2024 | 12.31.2023 | 12.31.2022
Net income (loss) | 21,226 |  | 191,501 |  | (74,666) |
Adjustments to reconcile net income | 39,476 |  | (12,547) |  | 306,736 |
Dividends and interest on equity received | 36,868 |  | — |  | — |
Changes in assets and liabilities | (57,434) |  | 14,108 |  | (2,709) |
Debentures - interest due and paid | (25,051) |  | (10,423) |  | — |
Loan charges granted to related parties | 2,763 |  | — |  | — |
Taxes and charges paid | (14,228) |  | (57,165) |  | (51,534) |
Cash flows from operational activities | 3,620 |  | 125,474 |  | 177,827 |
Financial investments | (111) |  | (144) |  | 22,967 |
Receipt of loans granted | 49,500 |  | — |  | — |
Additions to contract assets, property, plant and equipment and intangible assets | (25,659) |  | (35,380) |  | (580,969) |
Receipt for alienation | 584,983 |  | — |  | — |
Cash flows from investment activities | 608,713 |  | (35,524) |  | (558,002) |
Issue of Debentures | — |  | 294,045 |  | — |
Issue of loans and financing | 59,935 |  | — |  | — |
Payments of principal - debentures | (55,313) |  | (18,437) |  | — |
Amortization of lease liabilities | (2,338) |  | (3,041) |  | (2,988) |
Dividends and interest on own capital paid | (11,940) |  | (195,890) |  | — |
Cash flows from financing activities | (9,656) |  | 76,677 |  | (2,988) |
Changes in cash and cash equivalents | 602,677 |  | 166,627 |  | (383,163) |

X
- Definition Assets held for sale and Discontinued operations + References No definition available. + Details
Name: | elp_AssetsHeldForSaleAndDiscontinuedOperationsExplanatory
Namespace Prefix: | elp_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Assets Held For Sale And Discontinued Operations + References No definition available. + Details
Name: | elp_DisclosureAssetsHeldForSaleAndDiscontinuedOperationsAbstract
Namespace Prefix: | elp_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration