Interest on Equity
In the fiscal years ended December 31, 2010 and 2009, the Corporation calculated and
distributed interest on equity in accordance with article 9 of Law 9,249/95.
The shareholders’ equity considered as the basis for calculating Interest on Equity – as
adjusted for Laws 11,638/07 and 11,914/09 was lower than if it had been calculated in
accordance with Law 6,404/76, disregarding later amendments. As a result, the
remuneration paid as Interest on Equity is in accordance with the rules determined by IN
RFB 1,397/13.