1. 2013 Results Presentation
São Paulo, February, 28 2014
1

2. Agenda
2013 Highlights
Financial Results 2013
Capital Market Performance
Other Highlights
2

3. Economic and Financial
net operating revenue of R$ 981.2 million
success in lengthening the debt profile
net income of R$ 31.9 million
3

4. Operations
4
2010
2011
2012
622.90
980.70
2009
1057.36
2008
1208.41
2007
1285.17
2006
1229.91
1331.53
2005
ENES
1343.53
MWh
1740.84
lowest level of Unsupplied
Energy in 8 years
2013

5. Growth
BRL 800 million in investments.
We added 1,035 MVA of installed power.
Startup in operations of the Madeira
Complex transmission line
priority for pending compensation
for pre-May 2000 assets.
5

6. Agenda
2013 Highlights
Financial Results 2013
Capital Market Performance
Other Highlights
6

7. Gross Operating Revenue
Company
Consolidated
Gross Revenue
(R$ million)
2012
Δ%
2013
2012
Δ%
Construction
219.1
149.3
46.8%
267.9
208.1
28.7%
Operation and
Maintenance
563.1
587.2
(4.1%)
586.6
592.3
(1.0%)
Financial
140.5
1,412.6
(90.1%)
242.7
1,467.3
(83.5%)
Others
22.4
20.3
10.3%
21.2
19.5
8.7%
Total
7
2013
945.0
2,169.4
(56.4%)
1,118.3
2,287.2
(51.1%)

8. Net Operating Revenue
2,015.0
-51.3%
126.6
1,888.4
981.2
158.9
822.2
2012
Company
8
2013
Subsidiaries

9. Costs of Construction Services, O&M and
Operating Expenses
Cost and Expenses
(R$ '000)
Company
Consolidated
2013
2012
Δ%
2013
2012
Δ%
Personnel
(252.3)
(241.8)
4.3%
(260.2)
(249.1)
4.5%
Material
(95.4)
(157.5)
(39.4%)
(148.6)
(207.2)
(28.3%)
Services
(205.9)
(227.4)
(9.5%)
(213.8)
(232.7)
(8.1%)
Leases and rentals
(14.0)
(14.6)
(4.1%)
(14.4)
(14.9)
(3.4%)
Contingencies
(51.1)
(44.3)
15.3%
(51.1)
(44.3)
15.3%
Depreciation
(7.3)
(5.0)
46.0%
(7.3)
(5.0)
46.0%
Others
(26.2)
(44.2)
(40.7%)
(27.4)
(47.1)
(41.8%)
Subtotal
(652.3)
(734.8)
(11.2%)
(722.8)
(800.4)
(9.7%)
198.8
135.5
46.7%
243.8
182.8
33.4%
(453.5)
(599.3)
(24.3%)
(479.0)
(617.6)
(22.4%)
Construction costs
Total
9

10. Other Operating Income (Expenses)

In 2013, the other operating income (expenses) account represents an
expense of R$ 531.7 million

Main impact was the provision for losses on the realization of receivables
due from the State Government of São Paulo’s Department of Finance
(SEFAZ-SP) worth R$ 516.3 million during the third quarter of 2013
Other Operating Income (Expenses)
(R$ million)
Operating Income
2012
18.4
4,457.5
Operating Expenses
(33.8)
(4,399.6)
SEFAZ-SP Provision
(516.3)
0
(531.7)
10
2013
57.9

11. Financial Result
Financial Result
(R$ million)
Company
Consolidated
2013
2012
Δ%
2013
2012
Δ%
Interest Receivable
170.8
31.5
441.5%
172.7
32.9
425.6%
Monetary (net)
66.1
45.7
(44.7%)
66.1
45.7
(44.7%)
(44.6)
(50.2)
(30.3%)
(45.0)
(51.1)
(31.7%)
90.1
(123.8)
72.2
(143.9)
Financial Expenses*
Total
172.8%
(*) Includes charges, income and foreign exchange hedges on CCB International and Commercial Paper.
11
150.2%

12. EBITDA
Company
Consolidated
EBITDA
(R$ million)
2013
2012
2013
2012
Net Income
31.9
843.5
31.9
843.5
Income tax and social contribuition
(182.0)
339.8
(169.2)
349.3
Financial Results
(90.1)
123.8
(72.2)
143.9
39.7
33.8
39.7
33.8
EBITDA ICVM 527/12
(200.4)
1,340.8
(169.8)
1,370.5
SEFAZ-SP Provision
516.3
-
516.3
-
EBITDA ex- SEFAZ Provision
315.9
1,340.8
346.5
1,370.5
Leases and rentals/Amortization
Ebitda Margin
EBITDA Margin
12
0.384212543
38.4%
0.710028214
71.0%
0.353186203
35.3%
0.68012768
68.0%

13. Net Debt
Debt
(BRLm)
3Q13
2012
1,239.5
2,521.0
Short-term Debt
377.7
1103.2
Long-term Debt
861.8
1,417.8
Cash*
600.0
309.6
Net Debt
639.5
2,211.4
Debt
-71.1%
(*) As from January 2013, the Company’s financial investments have been concentrated in exclusive
investment funds. These are made up of highly liquid investment fund units, readily convertible into
cash, irrespective of the maturity of the assets.
13

14. 0.3%
Debt
Distribuition of debt contracting
0.3%
2013
40.2%
12,5%
59.5%
25,7%
40.2%
2012
59.5%
17,2%
44,6%
0.3%
6.1%
BNDES
Debentures
BNDES
Banks
Others
Debentures
BNDES
Banks
NPs
Debêntures
Others
0.3%
Bancos
40.2%
6.1%
Interest Rate
2013
12,5%
40.2%
53.4%
2,8%
53.4%
25,7%
2012
59,0%
TJLP
14
TJLP
CDI
IPCA
Others
CDI
IPCA
Others

15. Amortização da Dívida - Consolidado
(R$ milhões)
Future Cash (NI)
2014
2015
Total
Accounts Receivable (NI) - (projection)
569.5
332.2
901.7
69.3
12.0
81.3
638.8
344.2
983.0
Interest Income on the Accounts
Receivable (projection)
Total
Cash and Financial Investments on 12/31/13: R$ 600.0 millions
377.7
39,6
338,0
210.8
26,5
120.1
26,5
210.8
26,5
184,3
184,3
193.2
26,5
166,7
26.5
93,6
2014
15
2015
74,9
2016
2017
Company
2018
0.0
2019
Subsidiaries
25,50
2020 0.0
a 2024
2025 a 2030

16. Debt
Debt
Company
Controlled companies*
Total Consolidated
2013
967.0
272.5
1,239.5
(*) IEMG, IE Pinheiros, Serra do Japi
Controlled companies run jointly with
third parties
IE Madeira (51%)
IENNE (25%)
IE Garanhuns (51%)
IE SUL (50%)
16
1,423.2
1,245.1
57.9
101.2
18.9

17. Investments
R$ (million)
2013
Forecast
2014
Proprietary (A)
224.9
247.3
Complementary Projects and New Connections
155.2
194.6
Improvements
49.9
31.0
Corporative
5.3
8.4
Capitalization of Labor Costs
14.5
13.3
Investments - Subsidiaries (B)
590.5
366.9
IEMG
6.3
5.5
IENNE
0.4
0.5
IEPinheiros
39.4
31.1
IESul
21.9
9.4
IEMadeira
344.6
137.0
Serra do Japi
3.6
5.1
IEGaranhuns
166.1
177.1
8.3
1.3
815.4
614.2
Evrecy
TOTAL (A+B)
17

18. Agenda
2013 Highlights
Financial Results 2013
Capital Market Performance
Other Highlights
18

19. Capital Market Performance
Trade Financial - 12/31/2013
(R$ million)
Total R$ 1,922 Million
Daily Average / Day R$ 7.6 million
35.0
30.0
25.0
20.0
15.0
10.0
5.0
0.0
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Share Performance until 12/31/2013
 Total Trade: 272, 2
mil until 12/31/2013
100.00
-1.12%
 Daily Average/Day
-8.83%
-15.50%
-18.40%
(base 12/31/2012 = 100)
70.00
Jan-13
 Market Value
12/31/2013 R$ 5,2
Feb-13 Mar-13
Apr-13
May-13
TRPL3
19
1,074
Jun-13
Jul-13
TRPL4
Aug-13
Sep-13
IBOVESPA
Oct-13
IEE
Nov-13
Dec-13
billion

20. Agenda
2013 Highlights
Financial Results 2013
Capital Market Performance
Other Highlights
20

21. Principal Challenges for CTEEP in 2014
The rollover of the 059 agreement extended CTEEP’s concession for an
additional 30-year term. The initial conditions of the agreement are well
below the previous ones, with a reduction of 70% in Annual Allowed
Revenue

The recovery in growth capacity and CTEEP’s shareholder remuneration
is conditional on:
Receipt of fair
compensation
21
Increase
inoperating
efficiency
Increase of
returns from the
investments

22. Disclaimer
All statements contained herein with regard to the Company’s
business prospects, projected results and the potential growth
of its business aremere forecasts, based on local management
expectationsin relation to the Company’s future performance.
Dependent as they are on market shifts and on the overall
performance of the Brazilian economy and the sector
and international markets, such estimates
are subject to changes.
22

23. Investor Relations
Tel: +55 11 3138-7557
ri@cteep.com.br
www.cteep.com.br/ri
23