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RELATED-PARTY TRANSACTIONS
On December 31st, 2011, Light S.A. pertained to the controlling group Companhia Energtica de Minas Gerais CEMIG, Luce Empreendimentos e Participaes S.A. and Rio Minas Energia Participaes S.A (RME) company controlled by Redentor Energia S.A. Below, a summary of related-party transactions occurred in the years ended 2011 and 2010:
Maturity date or term Dec / 2038 Conditions for termination or expiration 30% of remaining balance 30% of remaining balance Remaining balance 12/31/2011 437,397
Contracts with the same group (Agreement objectives and characteristics) Strategic agreement Purchase agreement of electric power between Light SESA and CEMIG Strategic agreement Purchase agreement of electric power between Light SESA and CEMIG Strategic agreement Sale agreement of electric power between Light SESA and CEMIG Strategic agreement Collection of distribution system usage charges between Light SESA and CEMIG Strategic agreement Commitment to the basic electric network usage charges between Light Energia and CEMIG Strategic agreement Commitment to the basic electric network usage charges between Light Energia and CEMIG Strategic agreement Loan agreement with Light S.A., which holds 50.9% in Lightger, in order to honor financial commitments related to the implementation of the Pacambi small hydroelectric power plant (PCH) Pension Plan Fundao de Seguridade Social (Social Security Foundation) - BRASLIGHT
Relationship with Light S.A. CEMIG (Party of the controlling group) CEMIG (Party of the controlling group) CEMIG (Party of the controlling group) CEMIG (Party of the controlling group) CEMIG (Party of the controlling group) CEMIG (Party of the controlling group)
Date
Agreements conditions Price established in the regulated market Price established in the regulated market
Jan / 2006
37,600
Jan / 2010
Dec / 2039
39,493
156,239
Jan / 2005
Dec / 2013
N /A
40,884
Nov / 2003
Undetermined
N /A
213
Dec / 2002
Undetermined
N /A
1,701
Dec / 2002
Undetermined
N /A
11
35,586
Jan/11 to Sep/11
Sep / 2012
N /A
11,606
535,052
Jun / 2001
Jun / 2026
N /A
1,096,140
IPCA+ 6% p.a
Contracts with the same group (Agreement objectives and characteristics) Strategic agreement Purchase agreement of electric power between Light SESA and CEMIG Strategic agreement Purchase agreement of electric power between Light SESA and CEMIG Strategic agreement Sale agreement of electric power between Light SESA and CEMIG Strategic agreement Collection of distribution system usage charges between Light SESA and CEMIG Strategic agreement Commitment to the basic electric network usage charges between Light Energia and CEMIG Strategic agreement Commitment to the basic electric network usage charges between Light Energia and CEMIG Strategic agreement Loan agreement with Light S.A., which holds 50.9% in Lightger, in order to honor financial commitments related to the implementation of the Pacambi small hydroelectric power plant (PCH) Pension Plan Fundao de Seguridade Social (Social Security Foundation) - BRASLIGHT
Relationship with Light S.A. CEMIG (Party of the controlling group) CEMIG (Party of the controlling group) CEMIG (Party of the controlling group) CEMIG (Party of the controlling group) CEMIG (Party of the controlling group) CEMIG (Party of the controlling group)
Date
Conditions for termination or expiration 30% of remaining balance 30% of remaining balance
Jan / 2006
37,600
Jan / 2010
Dec / 2039
39,493
156,239
Jan / 2005
Dec / 2013
N/A
40,884
Nov / 2003
Undetermined
N/A
213
Dec / 2002
Undetermined
N/A
1,701
Dec / 2002
Undetermined
N/A
11
35,586
Jan/11 to Sep/11
Sep / 2012
N/A
11,606
535,052
Jun / 2001
Jun / 2026
N/A
1,096,140
IPCA+ 6% p.a