Balance Sheet - Plan 1





Equity surpasses R$ 100 billion and reflects PREVI's responsibility

The total amount of Benefit Plan 1 assets, R$ 105,2 billion, demonstrates PREVI's growth and increases participants' security.

Plan 1 presents its 4th consecutive surplus

During the year, PREVI presented a surplus of R$ 15.9 billion. In total, the accumulated result of the last years totals R$ 34.8 billion, already considering the reduction in 40% of the contributions, with an impact of R$ 3.9 billion relative to surpluses from previous years; and the reduction of the actuarial interest rates, which reduced results by R$ 1.5 billion.

The surplus result is recorded in Contingency Reserve and Reserve for Plan Review.

Results bring more benefits

Results obtained in the last fiscal years allowed the adoption of improvements for associates, such as benefit increase, with the PREVI Part adjustment, and reduction of contributions in 40%. For the fourth consecutive year, the fiscal year ends with a surplus. PREVI knows it is necessary to keep working to prepare the Institution for all moments in the future, including when the overall situation may be less favorable.

Reserves for a safer future

Surplus is registered in Contingency Reserve until the limit of 25% of the Actuarial Liability (R$ 57.1 billion). Whatever exceeds this limit is allocated in Reserve for Plan Review. In the end of 2006, the recorded value in these reserves was of R$ 14.3 billion and R$ 20.5, respectively.