(i) Lease
Administrative operating leases and property leases already contracted require the following minimum payments:
| 2006 |
10,106 |
| 2007 |
2,766 |
| 2008 |
556 |
| 2009 |
24 |
| TOTAL |
13,452 |
Lease expenses for the years ended December 31, 2005 and 2004 were R$ 9,505 and R$ 11,300, respectively.
(ii) Take-or-pay contracts
The Company has entered into long-term take-or-pay contracts with electric power providers. The main contract values of such type of supply are presented below:
| 2006 |
192,274 |
| 2007 |
167,994 |
| 2008 |
155,890 |
| 2009 |
159,623 |
| 2010 |
161,725 |
| 2011 |
166,968 |
| 2012 |
139,530 |
| TOTAL |
1,144,004 |
Electric power expenses for the years ended December 31, 2005 and 2004 were R$ 423,814 and R$ 398,744, respectively.