Copel Announced 1Q14 Results

                         Copel Announced 1Q14 Results

PR Newswire

CURITIBA, Brazil, May 15, 2014

CURITIBA, Brazil, May 15, 2014 /PRNewswire/ --Companhia Paranaense de Energia
- Copel (NYSE: ELP / LATIBEX: XCOP / BOVESPA: CPLE3, CPLE5, CPLE6), a company
that generates, transmits, distributes and sells power, announced its 1Q14
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$ 3,051 million.
  oOperating Income: R$ 816 million.
  oNet Income: R$ 583 million.
  oEPS (Earnings per Share): R$ 2.13
  oEBITDA (Earnings Before Interest, Taxes, Depreciation And Amortization):
    R$ 859 million.
  oReturn on Shareholder's Equity: 19.3% annualized.
  oPower Supply (GWh): 7,231
  oCapex: R$ 456 million.

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

                                 Price      Var. %           Price      Var. %
Ticker                                           Index
                                 03/31/2014 year             03/31/2014 year
CPLE3 (common/ BM&FBovespa)      R$ 21.79   (2.3)  Ibovespa  50,414     (2.1)
CPLE6 (preferred B/ BM&FBovespa) R$ 29.81   (2.4)  IEE       24,838     (5.4)
ELP (ADR/ Nyse)                  US$ 13.11  (0.2)  Dow Jones 16,457     (0.7)
XCOP (preferred B/ Latibex)      € 9.56     0.6    Latibex   1,960      (5.6)

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

Conference Call: May 16, 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: www.copel.com/ir
 
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