Copel announces 2013 Results

                         Copel announces 2013 Results

PR Newswire

CURITIBA, Brazil, March 18, 2014

CURITIBA, Brazil, March 18, 2014 /PRNewswire/ -- Companhia Paranaense de
Energia - Copel (NYSE: ELP / LATIBEX: XCOP / BOVESPA: CPLE3, CPLE5, CPLE6), a
company that generates, transmits, distributes and sells power, has announced
its 2013 results.

COPEL's consolidated balance sheet presents the figures of its wholly owned
subsidiaries, controlled companies, investees and consortium. The consolidated
financial statements were prepared in accordance with International Financial
Reporting Standards (IFRS) issued by the International Accounting Standards
Board (IASB), and with the accounting practices adopted in Brazil.

  oNet Operating Revenue: R$ 9,180 million.
  oOperating Income: R$ 1,507 million.
  oNet Income: R$ 1,101 million.
  oEPS (Earnings per Share): R$ 4.02
  oEBITDA (Earnings Before Interest, Taxes, Depreciation And Amortization):
    R$ 1,829 million.
  oReturn on Shareholder's Equity: 8.5% annualized.
  oPower Supply (GWh): 27,008
  oCapex: R$ 1,937 million.
  oAnnual proposal of Dividends and Interest on Own Capital (IOC): R$ 560.5
    million.

       oDividends antecipated in 2013: R$ R$ 145.0 million.
       oIOC antecipated in 2013: R$ 180.0 million.

  oRemaining Dividends to be approved by Ordinary Shareholders Meeting: R$
    235.5 million.

The Company's shares and main indexes presented the following variations in
the period:

Ticker                         Price      Var. % Index     Price      Var. %
                                 12/31/2013 year             12/31/2013 year
CPLE3 (common/ BM&FBovespa)      R$ 22.30   -11.5  Ibovespa  51,507     -15.5
CPLE6 (preferred B/ BM&FBovespa) R$ 30.50   -3.7   IEE       26,250     -8.8
ELP (ADR/ Nyse)                  US$ 13.14  -14.4  Dow Jones 16,577     26.5
XCOP (preferred B/ Latibex)      € 9.50     -18.2  Latibex   2,076      -20



The complete release is available at the Company's website: www.copel.com/ir

Conference Call: March 19, 2014

English: 2:00 pm – US EST
Dial in number: +1 516 300-1066
Access Code: Copel
(Simultaneous translation into English)
Live webcast at www.copel.com/ir

Contacts: Investor Relations – COPEL
Phone: (55 41) 3222-2027
E-mail:ri@copel.com

SOURCE Copel

Website: http://www.copel.com/ir
 
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