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RESULTS for the 3rd quarter of 2021 Energisa S / A Cataguases , November 11 , 2021 - The management of Energisa S / A ( “ Energisa ” or " Company " ) hereby presents its results for the third quarter ( 3Q21 ) and the first nine months of 2021 ( 9M21 ) . The following financial and operational information is being presented in accordance with international financial reporting standards ( IFRS ) , except when stated otherwise . Quick Facts Physical sales exceed pre - pandemic levels and EBITDA grows in the quarter by 42 % Energy sales ( captive sales + TUSD ) grew 2.4 % in 3Q21 on 3Q20 , to 9,148.3 GWh . Considering unbilled consumption , growth was 1.6 % and all sectors reported QoQ growth ; Manageable operating costs ( PMSO ) rose 24.4 % in the quarter ( R $ 133.9 million ) , because of the small comparison base with operating costs in 3Q20 , owing to exceptional measures introduced at the start of the Covid - 19 pandemic . The increase in the nine months YTD was 11.3 % ( R $ 198.2 million ) , slightly above accumulated inflation measured by IPCA ; Consolidated adjusted EBITDA amounted to R $ 1,868.8 million in 3Q21 , an increase of 38.0 % ( R $ 514.3 million ) on 3Q20 . The YTD figure amounted to R $ 4,790.9 million , an increase of 55.3 % ( R $ 1,705.5 million ) ; Consolidated net income of R $ 863.9 MM in 3Q21 , a decrease of 6.3 % on the same period last year . In 9M21 , net income amounted to R $ 2,486.2 million , 75.7 % higher on the same period of 2020. Adjusting for non recurring effects ( section 4.6 - 1st table ) , the net income in the quarter would be R $ 820.1 million ( an increase of 30.2 % over 3Q20 ) and R $ 1,669.2 million in the year to date ( 105.2 % higher in 9M20 ) ; Consolidated cash , cash equivalents , short - term investments and sector credits stood at R $ 6,617.2 million in September , compared with R $ 5,657.7 million in June 2021 ; Consolidated net debt amounted to R $ 14,627.0 million in September , compared with R $ 13,906.4 million in June 2021. The ratio between net debt and Adjusted EBITDA was 2.4 in 3Q21 , 0.9 times lower than in the previous quarter ; Consolidated investment amounted to R $ 1,194.2 million in 3Q21 , an increase of 84.7 % ( R $ 547.7 million ) on the same period of the previous year . Description Gross Operating Revenue Net Operating Revenue , without construction revenue Manageable costs and expenses ( 1 ) EBITDA Adjusted EBITDA Net Income ( Loss ) Net Indebtedness ( 2 ) Investment Billed captive energy sales ( GWh ) Captive sales + Billed TUSD ( GWh ) Captive sales + Unbilled TUSD ( GWh ) Total Number of Consumers Number of Own Staff Work Force ( own + outsourced staff ) ( ³ ) Quarter 3Q20 3Q21 Financial Indicators - R $ million 7,174.7 10,538.9 6,635.5 4,323.1 708.6 515.2 1,234.8 1,753.4 1,868.8 1,354.6 863.9 14,627.0 1,194.2 921.7 13,594.4 646.5 Energisa S.A. energisa Consolidated Operating Indicators 7,278.8 7,311.4 9,148.3 8,935.6 9,275.3 9,132.6 8,186,135 8,001,773 14,767 15,446 21,430 19,578 Change % + 46.9 + 53.5 + 37.5 + 42.0 + 38.0 - 6.3 + 7.6 + 84.7 - 0.4 + 2.4 + 1.6 +2.3 + 4.6 + 9.5 9M21 Accumulated 9M20 27,073.2 20,846.1 16,834.6 12,401.9 2,030.9 2,015.7 4,445.9 2,810.8 4,790.9 3,085.4 2,486.2 1,415.4 14,627.0 13,594.4 3,040.4 2,033.1 22,062.3 22,067.0 27,375.3 26,577.0 27,344.2 26,568.6 8,186,135 8,001,773 15,446 14,767 21,430 19,578 Change % + 29.9 + 35.7 +0.8 + 58.2 + 55.3 + 75.7 + 7.6 + 49.5 - 0.0 + 3.0 + 2.9 + 2.3 + 4.6 + 9.5 ( 1 ) Includes PMSO , contingencies and doubtful accounts / ( 2 ) Includes sector credits ( CDE , CCC , CVA ) ; ( 3 ) Excludes outsourced construction workers and outsourced workers of the DisCos registered as company staff at the Group's service providers . 1