CAPEX and investments in affiliated(*)

Total

UPV

CVRD

Energy

GalvaSud + CISA

Distribution

Logistics

Others

Total

%

*Investments in affiliated companies = capital injection in affiliated companies, acquisition and advances for future capital increases.

364

264

65

26

719

407

991

38

5

4

1,445

349

41

10

39

24

25

488

380

45

13

13

48

499

1,601

991

391

32

64

143

55

3,277

49

30

12

1

2

4

2

100

101

3

9

12

1

126

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