UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of March, 2014

Commission File Number: 001-14475

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TELEFÔNICA BRASIL S.A.
(Exact name of registrant as specified in its charter)

 

TELEFONICA BRAZIL S.A.  
(Translation of registrant’s name into English)

 

Av. Eng° Luís Carlos Berrini, 1376 -  28º andar
São Paulo, S.P.
Federative Republic of Brazil
(Address of principal executive office)

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Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

 

MINUTES OF THE 113th MEETING OF THE FISCAL COUNCIL OF TELEFÔNICA BRASIL S.A. HELD ON FEBRUARY 25, 2014.

 

On February 25, 2014 at 7:00 a.m. at Av. Eng. Luiz Carlos Berrini, 1376, 31^st floor, in the capital of the state of São Paulo, a meeting was held by the undersigned members of the Fiscal Council of Telefônica Brasil S.A. Also present were the Accounting Officer Ms. Diana Policarpo Damião Choucair Ramos; Company Accountant Mr. Giuliano Augusto de Melo; representatives of Directa Auditores, Messers Clóvis Madeira and Maurício Domênico; Corporate and Business Matters Officer Ms. Carolina Simões Cardoso, as Meeting Secretary and, by conference call, Investor Relations Officer Mr. Luis Carlos da Costa Plaster; Investor Relations Manager Ms. Maria Tereza Ali Pelicano and Finance Officer Ms. Paula Bragança França Mansur.

 

The following matters were discussed:

 

 

1.    Financial Statements, together with the Opinion of the Independent Auditors and Annual Management Report relative to the fiscal year ended December 31, 2013 (“Financial Statements”).

The members of the Fiscal Council participated in the Company’s Meeting of the Board of Directors held on this date by conference call, where the accounts for the fiscal year ended December 31, 2013, as shown by the Financial Statements elaborated as per Law no. 6,404/76. At this time, the representatives of the independent auditors Directa Auditores, present at said meeting, declared that they had no reservations regarding the documents and information presented. The Fiscal Councils, analyzing the documents and information mentioned above, issued a favorable opinion on the abovementioned documents, according to which they consider said documents and information appropriate and accurate, and resolved to issue the following Opinion: “OPINION OF THE FISCAL COUNCIL – The members of the Fiscal Council of Telefônica Brasil S.A., in the exercise of their legal attributes and responsibilities, as provided in Article 163 of the Brazilian Corporation Law, reviewed and analyzed the Financial Statements, together with the independent auditors’ opinion and the annual Management report for the fiscal year ended December 31, 2013 (“Annual Financial Statements for 2013”) and, considering the information provided by the Management of Telefônica Brasil S.A. and Directa Auditores, as well as the proposed allocation of the 2013 results, unanimously express a favorable opinion of these documents, which appropriately reflect in all material aspects the equity and financial positions of Telefônica Brasil S.A., and recommend the submission of these documents to the General Shareholders’ Meeting of Telefônica Brasil S.A., under the terms of the Brazilian Corporation Law.”

 

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

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