Copel (B3: CPLE3) financial statements
The consolidated income statement, balance sheet and cash flow statement of Copel for its last 10 fiscal years, as filed with the regulator, in millions of Brazilian reais. At the end of fiscal 2025 it had BRL 60,414m in total assets and BRL 23,130m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | BRL 26,117m | BRL 22,651m | BRL 21,479m | BRL 21,928m | BRL 23,984m | BRL 18,633m | BRL 16,244m | BRL 14,935m | BRL 14,025m | BRL 13,102m |
| Cost of sales | BRL 20,455m | BRL 17,760m | BRL 16,581m | BRL 16,928m | BRL 19,120m | BRL 13,348m | BRL 11,760m | BRL 11,502m | BRL 10,666m | BRL 10,234m |
| Gross profit | BRL 5,661m | BRL 4,891m | BRL 4,898m | BRL 4,999m | BRL 4,865m | BRL 5,285m | BRL 4,484m | BRL 3,433m | BRL 3,359m | BRL 2,868m |
| Operating profit | BRL 5,045m | BRL 4,064m | BRL 3,695m | BRL 2,916m | BRL 5,446m | BRL 4,253m | BRL 3,191m | BRL 2,394m | BRL 2,141m | BRL 2,044m |
| Profit before tax | BRL 3,247m | BRL 2,907m | BRL 2,490m | BRL 950.2m | BRL 5,119m | BRL 5,120m | BRL 2,702m | BRL 1,956m | BRL 1,393m | BRL 1,478m |
| Income tax | BRL 577.6m | BRL 599.4m | BRL 354.1m | −BRL 199.1m | BRL 1,260m | BRL 1,285m | BRL 639.3m | BRL 512.0m | BRL 274.7m | BRL 530.6m |
| Net profit | BRL 2,689m | BRL 2,810m | BRL 2,259m | BRL 1,112m | BRL 4,953m | BRL 3,904m | BRL 1,990m | BRL 1,407m | BRL 1,034m | BRL 958.7m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | BRL 60,414m | BRL 57,384m | BRL 55,819m | BRL 49,704m | BRL 49,538m | BRL 46,785m | BRL 38,313m | BRL 35,930m | BRL 33,162m | BRL 30,434m |
| Current assets | BRL 10,882m | BRL 13,042m | BRL 13,716m | BRL 9,327m | BRL 11,190m | BRL 11,407m | BRL 7,909m | BRL 6,678m | BRL 5,702m | BRL 4,403m |
| Cash | BRL 3,130m | BRL 4,162m | BRL 5,635m | BRL 2,678m | BRL 3,473m | BRL 3,223m | BRL 2,942m | BRL 1,948m | BRL 1,040m | BRL 982.1m |
| Total liabilities | BRL 37,322m | BRL 31,747m | BRL 31,627m | BRL 28,572m | BRL 27,362m | BRL 26,534m | BRL 20,714m | BRL 19,594m | BRL 17,652m | BRL 15,279m |
| Current liabilities | BRL 11,062m | BRL 10,342m | BRL 9,309m | BRL 7,157m | BRL 7,980m | BRL 9,654m | BRL 5,346m | BRL 6,695m | BRL 6,110m | BRL 5,656m |
| Equity | BRL 23,130m | BRL 25,675m | BRL 23,886m | BRL 20,817m | BRL 21,837m | BRL 19,959m | BRL 17,252m | BRL 16,033m | BRL 15,208m | BRL 14,864m |
| Equity including minorities | BRL 23,092m | BRL 25,637m | BRL 24,192m | BRL 21,131m | BRL 22,175m | BRL 20,251m | BRL 17,598m | BRL 16,336m | BRL 15,511m | BRL 15,155m |
| Minority interests | −BRL 38.0m | −BRL 37.8m | BRL 305.5m | BRL 313.9m | BRL 338.2m | BRL 291.4m | BRL 345.8m | BRL 303.3m | BRL 302.7m | BRL 291.3m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | BRL 3,028m | BRL 3,394m | BRL 3,518m | BRL 3,903m | BRL 3,387m | BRL 3,941m | BRL 2,945m | BRL 1,771m | BRL 989.2m | BRL 1,477m |
| Investing cash flow | −BRL 1,759m | −BRL 5,739m | −BRL 3,135m | −BRL 2,775m | BRL 31.9m | −BRL 1,668m | −BRL 1,664m | −BRL 2,149m | −BRL 1,581m | −BRL 2,511m |
| Financing cash flow | −BRL 2,301m | BRL 803.9m | BRL 2,697m | −BRL 1,922m | −BRL 2,884m | −BRL 1,715m | −BRL 288.0m | BRL 1,287m | BRL 650.0m | BRL 535.6m |
| Dividends paid | −BRL 1,249m | −BRL 1,587m | −BRL 750.4m | −BRL 2,168m | −BRL 3,874m | −BRL 626.4m | −BRL 380.4m | −BRL 300.7m | −BRL 506.4m | −BRL 369.0m |
Where each figure comes from
From the annual financial statements (DFP) that Copel files with the CVM, the Brazilian securities regulator. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the Copel page.
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Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.