Companhia Paranaense de Energia reported consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company's net operating revenue was BRL 2,380,410,000 against BRL 2,024,638,000 a year ago. Profit before financial results and taxes was BRL 518,067,000 against BRL 460,967,000 a year ago. Net income was BRL 398,656,000 against BRL 319,745,000 a year ago, chiefly due to the 72.1% increase in revenue from electricity sales to distributors as a result of the higher energy allocation to the short-term market by the subsidiary Copel Geração e Transmissão in January, partially offset by higher costs from energy purchased for resale, 39.5% up year on year. Net cash used in operating activities was BRL 8,606,000 against net cash from operating activities of BRL 46,170,000 a year ago. Additions to property, plant, and equipment were BRL 10,201,000 against BRL 216,804,000 a year ago. Additions to intangible assets related to the concessions were BRL 194,542,000 against BRL 147,239,000 a year ago. Additions to other intangible assets were BRL 656,000 against BRL 2,054,000 a year ago. Earnings per share were BRL 1.46. Annualized return on shareholders equity was 13.4% against 11.0% a year ago. Net debt was BRL 1,559 million. Adjusted EBITDA by regulatory assets and liabilities was BRL 705 million against BRL 598 million a year ago. Capital expenditure was BRL 270 million against BRL 379 million a year ago. Operating income was BRL 592 million. Net income was BRL 399 million. Earnings per share were BRL 1.46 against BRL 1.17 a year ago. EBITDA was BRL 664,908,000 against BRL 602,111,000 a year ago. Book value per share was BRL 46.62 per share. The company announced write off of intangible assets related to concession-goodwill of BRL 14,847,000, write off of intangible assets of BRL 3,074,000, write off of property, plant, and equipment of BRL 578,000 for the first quarter ended March 31, 2013.

Companhia Paranaense de Energia, Board Meeting, May 03, 2013., at 14:30 Argentina Standard Time. Agenda: To elect Carlos Homero Giacomini, as Chairman; José Richa Filho, as Financial Expert; and Paulo Procopiak de Aguiar to compose the company's Audit Committee for the 2013-2015 term of office; to approve Copel's adhesion to the project to create the International Center for Renewable Energy; and to approve the reduction in the capital stock of UEG Araucária Ltda. - UEGA.

Companhia Paranaense de Energia announced that they will report Q1, 2013 results After-Market on May 15, 2013