Análise econômica financeira de uma distribuidora de energia elétrica: estudo de caso da companhia energética do Rio Grande do Norte (2010 a 2016)

Abstract

The objective of this work is to carry out an economic-financial analysis of a brazilian electricity distributor, whose concession area comprises the entire state of Rio Grande do Norte, located in the Northeast region of the country. This analysis seeks to understand, firstly, how the country's electricity segment, focused on the energy distribution area, analyzes the financial health of the company through a temporary financial analysis. First, there is a question of how an economic agent behaving that has a natural monopoly in its concession area, its financial health in a regulated environment, and alternatives for projecting demand for the future. For this analysis, the company's balance sheet, available at the CVM (2010-2016), economic data from Rio Grande do Norte and Brazil, published by IBGE and BACEN, in this case will be analyzed the FOCUS report, as well as statistical analysis tools like Forecast Pro and Excel. The work will be an exploratory, descriptive and bibliographical research, using the historical documentary investigation, about the relevant subjects for future decision and demand projection. The results showed an economic slowdown, with a reduction in net income and worsening in the indicators of the distributor, but with better parameters of indebtedness and better results than the macroeconomic indicators.