Sei sulla pagina 1di 2

LIGHT S.A. RELATED-PARTY TRANSACTIONS On September 30th, 2012, Light S.A.

pertained to the controlling group Companhia Energtica de Minas Gerais CEMIG, Luce Empreendimentos e Participaes S.A. and Rio Minas Energia Participaes S.A (RME) company controlled by Redentor Energia S.A. Below, a summary of related-party transactions occurred in the period of 2012 and in the year ended 2011:
CONSOLIDATED Groups Balance Sheet Supplier Contracts with the same group (Agreement objectives and characteristics) Strategic agreement Purchase agreement of electric power between Light SESA and CEMIG Strategic agreement Purchase agreement of electric power between Light SESA and CEMIG Strategic agreement Sale agreement of electric power between Light Energia and CEMIG Strategic agreement Collection of distribution system usage charges between Light SESA and CEMIG Strategic agreement Commitment to the basic electric network usage charges between Light SESA and CEMIG Strategic agreement Commitment to the basic electric network usage charges between Light Energia and CEMIG Strategic agreement Sale agreement of electric power between Lighter and Light Energia Strategic agreement Sale agreement of electric power between Lighter and CEMIG Relationship with a Light S.A. CEMIG (party of the controlling group) CEMIG (party of the controlling group) CEMIG (party of the controlling group) CEMIG (party of the controlling group) CEMIG (party of the controlling group) CEMIG (party of the controlling group) Lightger (jointly-owned subsidiary) CEMIG (party of the controlling group) ASSETS 09/30/2012 12/31/2011 LIABILITIES 09/30/2012 12/31/2011 6,201 9,091 REVENUE 09/30/2012 9/30/2011 EXPENSES 09/30/2012 9/30/2011 38,818 49,434

Supplier

135

178

738

964

Supplier

2,225

2,278

10,151

15,222

Supplier

159

213

1,068

1,697

Supplier

1,677

1,701

7,605

11,075

Supplier

12

11

72

95

Supplier

2,435

Supplier

2,270

Strategic agreement Other Receivables/ Loan agreement with Light S.A., which holds Other Payables 51% in Lightger, in order to honor financial commitments related to the implementation of the Pacambi small hydroelectric power plant (PCH) Post-employment Pension Plan benefit Fundao de Seguridade Social (Social Security Foundation) - BRASLIGHT

Lightger (jointly-owned subsidiary)

11,606

227

3,367

BRASLIGHT

1,089,744

1,096,140

85,627

96,399

Below, a summary of agreements executed with related parties: 1

Groups Balance Sheet Supplier

Contracts with the same group (Agreement objectives and characteristics) Strategic agreement Purchase agreement of electric power between Light SESA and CEMIG Strategic agreement Purchase agreement of electric power between Light SESA and CEMIG Strategic agreement Sale agreement of electric power between Light SESA and CEMIG Strategic agreement Collection of distribution system usage charges between Light SESA and CEMIG Strategic agreement Commitment to the basic electric network usage charges between Light SESA and CEMIG Strategic agreement Commitment to the basic electric network usage charges between Light Energia and CEMIG Strategic agreement Sale agreement of electric power between Lighter and Light Energia Strategic agreement Sale agreement of electric power between Lighter and CEMIG Strategic agreement Loan agreement with Light S.A., which holds 51% in Lightger, in order to honor financial commitments related to the implementation of the Pacambi small hydroelectric power plant (PCH) Pension Plan Fundao de Seguridade Social (Social Security Foundation) - BRASLIGHT

Relationship with Light S.A. CEMIG (Party of the controlling group) CEMIG (Party of the controlling group) CEMIG (Party of the controlling group) CEMIG (Party of the controlling group) CEMIG (Party of the controlling group) CEMIG (Party of the controlling group) Lightger (Jointly-owned subsidiary) CEMIG (Party of the controlling group) Lightger (Jointly-owned subsidiary)

Original amount 614,049

Date

Maturity date or term

Conditions for termination or expiration 30% of remaining balance 30% of remaining balance

Remaining balance 09/30/2012 404,462

Agreements conditions Price established in the regulated market Price established in the regulated market

Jan / 2006

Dec / 2038

Supplier

37,600

Jan / 2010

Dec / 2039

40,708

Supplier

156,239

Jan / 2005

Dec / 2013

N /A

40,884

Price established in the regulated market

Supplier

Nov / 2003

Undetermined

N /A

159

Price established in the regulated market

Supplier

Dec / 2002

Undetermined

N /A

1,677

Price established in the regulated market

Supplier

Dec / 2002

Undetermined

N /A

12

Price established in the regulated market

Supplier

217,213

Dec / 2010

Jun / 2028

N /A

214,778

Price established in the regulated market

Supplier

208,818

Dec / 2010

Jun / 2028

N /A

206,548

Price established in the regulated market

Other Receivables/ Other Payables

35,586

Jan/11 to Sep/11

Sep / 2012

N /A

CDI + 0.9% p.a

Post-employment Benefit

BRASLIGHT

535,052

Jun / 2001

Jun / 2026

N /A

1,089,744

IPCA+ 6% p.a

The subsidiary Light Energia has a purchase contract of 400 MW of installed power capacity from the portfolio projects of its joint venture Renova Energia S.A.. From the total contracted 200 MW will be made available as of 2015 and 200 MW as of 2016. Related-party transactions were conducted according to the parties agreements.

Potrebbero piacerti anche