PREVI - Relatório Anual 2007

6.1: Benefit Plan 1: The results presented by this plan at the end of 2007, corroborated by the positive surplus regularity of previous years, indicate the recognition of its actuarial state of balance, observing what is manifested in 7.1.1 relative to the Costing Plan.

6.1.1: Outstands as a component of expressive volatility of results, the allocation of investment assets in the Variable Income segment, which reached at the end of 2007 65.3 % - RV / AI ⁽¹⁾ - enabling the passive non-compliance in relation to CMN Resolution n° 3,121 of 09 / 25 / 2003, which established in 50 % (in relation to total investments) as the maximum limit for investments in that segment.

6.1.2: It should be noted, however, that PREVI's Investment Compliance Plan relative to Benefit Plan 1, is still in force.

6.2 : PREVI Futuro Benefit Plan: This plan presented stable actuarial and financial evolution indicating the recognition of its state of balance in Parts I (risk ) and II (programmed).

6.3 : Annuity Portfolio: This Portfolio presented a deficit in its financial flow (pension incomes and expenses) in the amount of R$3,932,342.24 (Three million, nine hundred and thirty two thousand, three hundred and forty two reais and twenty four centavos) since the premiums were calculated considering the utilization of a portion of the Capec Fund.

⁽¹⁾ RV / AI: ratio between Variable Income and Investment Assets, both relative to Benefit Plan 1.