Copel Announced 1Q14 Results

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.

• Net Operating Revenue: R$  3,051 million.
• Operating Income: R$ 816 million.
• Net Income: R$  583 million.
• EPS (Earnings per Share): R$ 2.13
• EBITDA (Earnings Before Interest, Taxes, Depreciation And Amortization): R$ 859 million.
• Return on Shareholder's Equity: 19.3% annualized.
• Power Supply (GWh): 7,231
• Capex: R$ 456 million.

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

Ticker	Price 03/31/2014	Var. % year	Index	Price 03/31/2014	Var. % 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: [phone]
Access Code: Copel
(Simultaneous translation into English)
Live webcast at www.copel.com/ir

Contacts: Investor Relations – COPEL
Phone: [phone]
E-mail:[e-mail]

SOURCE COPEL

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