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Investor Presentaiton

Increase in cash position R$ millions 2015 2016 1Q17 2Q17 1H17 Initial Cash 909 531 1,068 1,264 1,068 Operating Cash Flow 571 2,692 610 171 780 Investments (634) (7566) (259) (296) (555) Net Financial Expenses/ Net Amortization (36) (847) (97) (117) (215) Pension Fund Expenses (195) (409) (113) (108) (221) Income Tax (106) (1) (0) (0) (0) Cash Restricted and/or Locked 21 (100) 56 18 74 Free Cash Flow (378) (578) 197 (332) (136) Dividends and Interest on Capital 0.0 (42) 0.0 0.0 0.0 FINAL CASH CONSOLIDATED 531 1,068 1,264 932 932 AES Eletropaulo 42
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