Presentation to Investors
Disclaimer
This presentation may contain forward-looking statements, Such statements are not statements of historical facts but reflect the beliefs and expectations of our management and may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the U,S, Securities and Exchange Act of 1934, as amended, The words “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect” and similar words are intended to identify these statements, which necessarily involve known and unknown risks and uncertainties, Known risks and uncertainties include but are not limited to general economic, regulatory, political and business conditions in Brazil and abroad, interest rate fluctuations, inflation and the value of the real, changes in volumes and patterns of customer electricity usage, competitive conditions, our level of debt, the likelihood that we will receive payment in connection with accounts receivable, changes in rainfall and the water levels in the reservoirs used to run our hydroelectric facilities, our financing and capital expenditure plans, existing and future governmental regulation and other risks described in our registration statement and other filings with the United States Securities and Exchange Commission, Forward-looking statements speak only as of the date they are made and we do not undertake any obligation to update them in light of new information or future developments.
General Information
Construction and Investment Plan
Eletrobras
• Generation
• Transmission
• Distribution
• Commercialization
Largest electric power
company in Latin
America
• Light for All - Luz para Todos • Energy Conservation - Procel • Alternative Sources- Proinfa
Implementing and
Managing Social
Programs and
Sectorial
•Fuel Consumption Account - CCC •Global Reversion Reserve - RGR •Energy Development Account- CDE
Fund Management
The Eletrobras
Publicly traded Holding• Focus on results
• Shareholders Remuneration;
• Transparency and governance
Our vision
• To be the largest global corporate system of clean energy, with a
return comparable to the best companies in the electricity sector,
by 2020
Our Values
• Focus on results
• Entrepreneurship and innovation
• Commitment to people
• Ethics and Transparency
Eletrobras Installed Capacity
Furnas Chesf Eletronorte Itaipu Eletronuclear CGTEE Amazonas TotalMW
Own investments (MW) 9,624 10,615 9,173 7,000 1,990 490 2,148 41,040
SPEs (MW) 689 12 701
Physical Aggregation
1st Half 2011 - - - - - 350 - 350
Total 10,313 10,615 9,185 7,000 1,990 840 2,148 42,091
42.1 GW in operation – 36.8% of the Brazil’s installed capacity
Total Installed Capacity (MW) Candiota III 350 Physical Aggregation in 2011 Hydroeletric 84.6%
Oil and Gas= 8.7% Coal = 2.0%
Nuclear = 4.7%
Generation – Under Construction
Santo Antonio 3,150 MW Dez-11 Jirau 3,750 MW Mar-12 Mauá 361 MW Mar-12 Passo São João77 MW Jan-12 João Borges 19.5 MW Mar-12 Simplício 333.7 MW Out-11 Angra 3 1,405 MW Dez-15 Dardanelos 261 MW 2011 São Domingos 48 MW Fev-12 Batalha 52.5 MW Mai-13
Cerro Chato I, II e III 90 MW
Mangue Seco II 26 MW Miassaba 3 50.4 MW
Rei dos Ventos 1 e 3 97.2 MW
Casa Nova 180 MW
Pedra Branca, São Pedro do Lago e Sete Gameleiras
90.0 MW
Source : Eletrobras – RIG – April/2011
Belo Monte 11,233 MW Fev-15
Barra do Rio Chapéu 15.15 MW Mar-12 Megawatt Solar 1 MW Dez - 11 Eletrobras 10,860 MW R$ Billion 20,157 MW - 62.00 1,405 MW - 9.95 530 MW - 2.46 1 MW - 0.01 Total 22,092 MW - 74.41 HEU Concession 12,706 MW * * Due by 2015 04
Generation – Basic Studies and Projects
6 Projects 889 MW
Source : Eletrobras – RIG – April/2011
4 Projects 566 MW 1 Project 1,328 MW 9Projects 14,042 MW 2 Projects 596 MW 3 Pojects 311 MW 1 Project 134 MW 1Project 350 MW 2 Projects 151 MW Solar Thermal 1 MW – Dez/2013 1,294 MW 3.09 17,073 MW 57.92 18,367 MW 61.01 R$ Bi Basic Project Feasibility Study Inventory Study Total Main Projects S. Luiz do Tapajós PA 6,133 MW 20.09 Bi Jatobá PA 2,338 MW 8.70 Bi Marabá PA 2,160 MW 4.75 Bi
Serra Quebrada MA/TO 1,328 MW 3.98 Bi
Jamanxim PA 881 MW 2.17 Bi
Cachoeira do Caí PA 802 MW 2,24 Bi
TOTAL 13,642 MW 41.93 Bi
Furnas Chesf Eletronorte Eletrosul Amazonas TotalKm Own Investments (Km) 17,050 17,914 8,726 8,096 365 52,306 SPEs (Km) 124 351 552 634 1,661 Physical Aggregation 1st Half 2011 (Km) - -Physical Aggregation 1st Half 2011 – SPEs (Km) - - - -Total 17,174 18,265 9,278 8,730 365 53,812
Eletrobras Transmission Lines
750Kv; 5% 600Kv; 3% 525/500 Kv; 32% 345 Kv; 12% 230 Kv; 48% 53,812Km – approximately 55.0% of Brazil's transmission lines with
voltage ≥ 230KV
Eletrobras Transmission Lines – Main projects
In
Partnership ParticipatingFully Total Investment: R$ 11.19 billion Allowed Annual Return (RAP): R$ 1.08 billion 8,470Km 17 enterprises associated TLs + SSs 1,4380Km 15 enterprises associated TLs + SSs 9,908 km 3,780 MVA 2,143 MVA 5,923 MVA TL = Transmission Line and SS = Substation
Eletrobras System Distribution Companies
10%
9%
22%
34%
23%
2%
Extension of Distribution Lines
Description Unit Acre Amazonas Alagoas Piauí Rondônia Roraima Total Realized in2011 Extension of
distribution lines km 16,040 15,180 34,800 54,353 37,000 2,727 160,100 7,604
No. of Clients clients 201,771 709,229 877,392 949,436 482,515 82,682 3,303,025 98,995
No. of served cities cities 22 62 102 224 52 1 463 0
No. of substations Substations 12 44 37 70 53 3 219 1
6%
21%
27%
29%
15%
2%
No. of Clients
Acre Amazonas Alagoas Piauí Rondônia Roraima 8Energy Sold – 1st Semester 2011 - GWh
ITAIPU FURNAS CHESF ELETRONORTE ELETROSUL CGTEE TOTAL 45,519 27,242 29,308 24,691 312 2,218 129,290 38,928 27,493 29,081 28,162 158 1,982 125,804 AMAZONAS
ENERGIA DISTRIBUIÇÃO PIAUÍ DISTRIBUIÇÃO ALAGOAS DISTRIBUIÇÃO ACRE DISTRIBUIÇÃO RORAIMA DISTRIBUIÇÃO RONDÔNIA TOTAL
2,249 1,060 1,273 331 234 1,034 6,181 2,337 1,081 1,350 177 249 1,110 6,304 2011 2010 Energia 09
Projects under Evaluation by Eletrobras
Uruguai Peru Nicarágua HEU l Garabi Binational 2,000 MW HEU TUMARÍN 253 MW 4 HEUs 7,700 MW HEU INAMBARI 2,600 MW Panamá Argentina TL 500 kV 60 Km/BR (390 Km) TL 400/800kV 1,400 km Moçambique MONTEVIDEU OFFICE PANAMA OFFICE LIMA OFFICE Source: Eletrobras ACQUISITION OF SHARES BusinessPlan Feasibility Study Offices
abroad
Pre-Feasibility Study
Prioritization of international operations in the Americas, in
the development of renewable sources of energy generation
and transmission of electricity
Development and implementation of projects, as well as
acquisitions which will accelerate entry into targeted markets
and/or establish partnerships or strategic positioning in these
markets
Strategy of asset portfolio in the international markets
Operational Action Plans of
each company
Business Plan execution
Strategic Plan of the Eletrobras System
•Business Plan •Management Plan Generation Goals Distribution Goals Transmission Goals Trading Goals
Negotiating Process of the Parent Company and its subsidiaries
CMDE between parent company and subs
Variable Remuneratrion Mechanisms
Adjmts
Breakdown of economic and financial guidelines for each company of the Eletrobras System
(Investment limits, debt capacity, capital cost)
Business Plan for each Company (initial version)
Parent Company and its guidelines
Business Plan for each Company (final version)
Consolidated Business Plan of the Eletrobras System
M oni tor ing E v a lua ti on Management Goal M oni tor ing E v al uat ion Adjtms
Development of the Business Plan in each Company
Planning and Management of the Eletrobras System
Management Model
-
Integration of the Planning and Management Process of the
Eletrobras System
-
Readjustment of the organizational structure of the Parent Company;
-
Implementation of the Integrated Management Risk Policy ;
-
Improvement of the integration of Information Technology of the
Eletrobras System;
-
Improvement of logistic and supply process of the Eletrobras System;
-
Implementation of shared service centers;
-
Communication integration and brand management;
- Transparency in sectoral fund management and government programs.
Human Resources
•
Retirement Program;
•
Performance evaluation;
•
Employee mobility;
•
Management of skills and competence.
R & D + I
- Consolidate, enhance and integrate mechanisms
for identification, analysis, proposition and
implementation of projects in R & D + I.
Operation
•
Improvement plan, enhancement and adjustment
of electrical grid of the Eletrobras system;
•
Project “Positive Energy” for the distribution
companies of the Eletrobras System.
Eletrobras web site
Please, feel free to contact Eletrobras IR for further