Annual Report 2018

ASSETS BALANCE SHEETS FOR THE YEARS ENDED DECEMBER 31, 2018 AND 2017 - (IN MILLION BRAZILIAN REAIS) INCOME STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2018 AND 2017 - (IN MILLION BRAZILIAN REAIS) 2018 2017 CURRENT ASSETS CASH AND CASH EQUIVALENTS Unrestricted funds Restricted funds ACCOUNTS RECEIVABLE LOAN REPAYMENT 937.30 941.15 726.49 739.43 TOTAL LIABILITIES & EQUITY COST OF SERVICES PROVIDED 663.60 724.13 GROSS RESULT 2018 2017 1,266.08 (925.95) 340.13 1,122.21 (847.13) 275.08 62.89 15.30 109.73 96.78 ADMINISTRATIVE EXPENSES (381.99) (391.95) 30.87 30.10 Personnel Expenses (178.04) (173.74) INVENTORY 4.57 4.28 General and Administrative Expenses (77.82) (78.93) EMPLOYEE ADVANCES 8.68 8.96 Contracted Services (76.99) (78.68) PURCHASING AND SERVICE ADVANCES 8.75 35.48 Other Administrative Expenses (49.14) (60.59) LEGAL AND LABOR DEPOSITS 12.93 12.99 OTHER REVENUES 8.02 0.01 OTHER RECEIVABLES 35.29 13.12 Revenue from Disposal of Goods 0.02 0.01 Reversal of Actuarial Provisions 8.00 NON-CURRENT ASSETS LONG-TERM ASSETS Restricted financial investments Loan repayment Legal deposits NET TANGIBLE AND INTANGIBLE ASSETS 684.42 632.98 213.39 188.50 INCOME BEFORE FINANCIAL INCOME AND EXPENSES (33.84) (116.87) 58.30 54.60 51.21 44.49 Financial Income 103.88 89.40 Financial Expenses 471.02 444.48 Tangible and intangible assets (-) Depreciation and amortization TOTAL ASSETS 622.32 568.30 SURPLUS (DEFICIT) IN FINANCIAL YEAR 48.68 (12.72) 78.81 (13.89) 2.12 (51.95) (151.30) (123.81) 1,621.72 1,574.13 LIABILITIES & EQUITY 2018 2017 LIABILITIES 273.01 219.91 LOANS AND GRANTS 14.76 15.44 SUPPLIERS 104.47 115.20 SALARIES PAYABLE, CONTRIBUTIONS AND DEDUCTIONS 37.66 33.84 OTHER PROVISIONS 40.06 38.97 AGREEMENTS AND CONTRACTS 62.12 15.39 UNEARNED REVENUE 6.42 OTHER AMOUNTS DUE 7.53 1.08 NON-CURRENT LIABILITIES 225.90 234.62 LOANS AND GRANTS 68.68 83.11 UNEARNED REVENUE 16.58 PROVISIONS FOR LABOR, CIVIL AND TAX RISKS 16.10 38.61 PENSION OBLIGATIONS TO PAY 105.03 90.53 POST-EMPLOYMENT BENEFIT PROVISION 19.52 22.37 EQUITY 1,122.80 1,119.61 EQUITY FUND 999.78 1,051.54 SPECIAL FUNDS 143.68 139.72 ACCUMULATED SURPLUS (DEFICIT) 2.12 (51.95) OTHER COMPREHENSIVE RESULTS (22.77) (19.70) TOTAL LIABILITIES & EQUITY 1,621.72 1,574.13 118 Annual Report 2018 119 FINANCIAL STATEMENTS

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