10 Net Operating Revenue Operating Expenses EBITDA FX Losses Net income (Loss) Operating Margin (%) EBITDA Margin (%) Retail Sales (GWh) R$ MI in 12/31/2001 4,712.9 3,803.8 1,412.1 209.5 477.9 19.3 30.0 34,896 29.9 % 19.2 % 123.3 % 15.2% (0.2) % (8.3) % (7) % % change EPS growth was strong in 2001 Holding
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