A free translation from Portuguese into English of the ITR - Quarterly Information originally issued in Portuguese.
ITR - QUARTERLY INFORMATION
FIRST QUARTER OF 2024
1
COMPANHIA DE SANEAMENTO DO PARANÁ - SANEPAR
Quartely Information
For the quarter ended at March 31, 2024
Content
Balance sheet
Statements of income
Statements of comprehensive income
Statements of cash flows - indirect method
Statements of changes in equity
Statements of added value - additional information
Management report
Notes to the Quarterly Information
Auditor's review report on the quarterly information
Statements
2
Quarterly financial information on March 31, 2024
Companhia de Saneamento do Paraná - Sanepar
Individual financial information - Statement of financial position
(Amounts in thousands of Brazilian Reais - R$) | |||
(Free translation from the original issued in Portuguese. In the event of any discrepancies, the Portuguese language version shall prevail.) | |||
ASSETS | |||
Current quarter | Prior year | ||
Line item code Description | March 31, 2024 | December 31, 2023 | |
1 | Total assets | 19.827.413 | 18.803.905 |
1.01 | Current assets | 3.467.102 | 2.776.732 |
1.01.01 | Cash and cash equivalents | 1.913.309 | 1.285.158 |
1.01.01.01 | Cash and banks | 37.151 | 36.766 |
1.01.01.02 | Short-term investments | 1.876.158 | 1.248.392 |
1.01.03 | Accounts receivable | 1.298.407 | 1.260.202 |
1.01.03.01 | Trade receivables | 1.298.407 | 1.260.202 |
1.01.04 | Inventories | 64.186 | 69.305 |
1.01.06 | Recoverable taxes | 14.949 | 14.644 |
1.01.06.01 | Current recoverable taxes | 14.949 | 14.644 |
1.01.08 | Other current assets | 176.251 | 147.423 |
1.01.08.03 | Other | 176.251 | 147.423 |
1.01.08.03.01 | Restricted deposits | 83.317 | 61.654 |
1.01.08.03.02 | Derivative financial instruments | 63.387 | 62.838 |
1.01.08.03.03 | Other receivables | 29.547 | 22.931 |
1.02 | Noncurrent assets | 16.360.311 | 16.027.173 |
1.02.01 | Long-term receivables | 5.512.272 | 5.303.172 |
1.02.01.04 | Accounts receivable | 235.776 | 271.525 |
1.02.01.04.01 | Trade receivables | 235.776 | 271.525 |
1.02.01.07 | Deferred taxes | 834.596 | 828.516 |
1.02.01.07.01 | Deferred income tax and social contribution | 834.596 | 828.516 |
1.02.01.10 | Other noncurrent assets | 4.441.900 | 4.203.131 |
1.02.01.10.03 | Restricted deposits | 103.264 | 90.059 |
1.02.01.10.06 | Escrow deposits | 583.675 | 586.869 |
1.02.01.10.07 | Contractual financial assets | 738.830 | 708.227 |
1.02.01.10.08 | Contractual asset | 2.904.539 | 2.761.013 |
1.02.01.10.09 | Other receivables | 111.592 | 56.963 |
1.02.02 | Investments | 2.227 | 2.282 |
1.02.02.01 | Equity interests | 2.227 | 2.282 |
1.02.02.01.04 | Other investments | 2.227 | 2.282 |
1.02.03 | Property, plant and equipment | 361.575 | 378.052 |
1.02.03.01 | PP&E in use | 219.212 | 218.627 |
1.02.03.02 | Right of use of leased assets | 142.363 | 159.425 |
1.02.04 | Intangible assets | 10.484.237 | 10.343.667 |
1.02.04.01 | Intangible assets | 10.484.237 | 10.343.667 |
1.02.04.01.01 | Concession agreement | 10.311.732 | 10.170.024 |
1.02.04.01.02 | Right of use of leased assets | 172.505 | 173.643 |
3
Quarterly financial information on March 31, 2024
Companhia de Saneamento do Paraná - Sanepar
Individual financial information - Statement of financial position
(Amounts in thousands of Brazilian Reais - R$) | |||
(Free translation from the original issued in Portuguese. In the event of any discrepancies, the Portuguese language version shall prevail.) | |||
LIABILITIES AND EQUITY | |||
Current quarter | Prior year | ||
Line item code Description | March 31, 2024 | December 31, 2023 | |
2 | Total liabilities and equity | 19.827.413 | 18.803.905 |
2.01 | Current liabilities | 2.084.291 | 1.970.093 |
2.01.01 | Payroll, benefits and related taxes | 186.806 | 171.086 |
2.01.01.02 | Payroll and related taxes | 186.806 | 171.086 |
2.01.02 | Trade payables | 327.528 | 354.897 |
2.01.02.01 | Domestic suppliers | 327.528 | 354.897 |
2.01.03 | Taxes payable | 123.200 | 100.087 |
2.01.03.01 | Federal taxes payable | 121.005 | 97.700 |
2.01.03.01.01 | Income tax and social contribution paid | 65.777 | 1.132 |
2.01.03.01.02 | Other federal taxes | 55.228 | 96.568 |
2.01.03.03 | Municipal taxes payable | 2.195 | 2.387 |
2.01.04 | Borrowings and financing | 743.145 | 671.117 |
2.01.04.01 | Borrowings and financing | 221.389 | 215.751 |
2.01.04.01.01 | In local currency | 195.541 | 190.337 |
2.01.04.01.02 | In foreign currency | 25.848 | 25.414 |
2.01.04.02 | Debentures | 416.236 | 350.461 |
2.01.04.03 | Lease financing | 105.520 | 104.905 |
2.01.05 | Other payables | 498.264 | 484.567 |
2.01.05.02 | Other | 498.264 | 484.567 |
2.01.05.02.01 | Dividends and interest on capital payable | 308.821 | 308.821 |
2.01.05.02.05 | Collaterals and contractual withholdings | 2.358 | 2.382 |
2.01.05.02.07 | Unearned revenue | 3.560 | 3.560 |
2.01.05.02.08 | Derivative financial instruments | 63.551 | 62.287 |
2.01.05.02.09 | Other payables | 119.974 | 107.517 |
2.01.06 | Provisions | 205.348 | 188.339 |
2.01.06.02 | Other provisions | 205.348 | 188.339 |
2.01.06.02.04 | Accrued pension plan and healthcare plan | 74.469 | 73.635 |
2.01.06.02.05 | Provision for labor lawsuits | 130.879 | 114.704 |
2.02 | Noncurrent liabilities | 7.619.570 | 7.089.612 |
2.02.01 | Borrowings and financing | 5.652.348 | 5.106.543 |
2.02.01.01 | Borrowings and financing | 2.273.725 | 2.253.224 |
2.02.01.01.01 | In local currency | 2.236.790 | 2.216.629 |
2.02.01.01.02 | In foreign currency | 36.935 | 36.595 |
2.02.01.02 | Debentures | 2.994.222 | 2.450.048 |
2.02.01.03 | Lease financing | 384.401 | 403.271 |
2.02.02 | Other payables | 97.760 | 93.564 |
2.02.02.02 | Other | 97.760 | 93.564 |
2.02.02.02.04 | Contractors and suppliers | 4.964 | 0 |
2.02.02.02.09 | Unearned revenue | 6.823 | 7.713 |
2.02.02.02.11 | Other payables | 85.973 | 85.851 |
2.02.04 | Provisions | 1.869.462 | 1.889.505 |
2.02.04.02 | Other provisions | 1.869.462 | 1.889.505 |
2.02.04.02.04 | Accrued pension plan and healthcare plan | 1.042.573 | 1.030.892 |
2.02.04.02.05 | Provisions | 826.889 | 858.613 |
2.03 | Equity | 10.123.552 | 9.744.200 |
2.03.01 | Realized capital | 5.996.137 | 5.996.137 |
2.03.01.01 | Paid-in capital | 5.996.137 | 5.996.137 |
2.03.03 | Revaluation reserves | 49.130 | 50.164 |
2.03.03.01 | Own assets | 49.130 | 50.164 |
2.03.04 | Earnings reserves | 3.507.386 | 3.507.386 |
2.03.04.01 | Legal reserve | 75.168 | 75.168 |
2.03.04.07 | Tax incentives reserve | 11.616 | 11.616 |
2.03.04.08 | Proposed additional dividends | 95.326 | 95.326 |
2.03.04.10 | Investment plan | 3.325.276 | 3.325.276 |
2.03.05 | Retained earnings/accumulated losses | 380.411 | 0 |
2.03.06 | Valuation adjustments to equity | 4.180 | 4.205 |
2.03.08 | Other comprehensive income | 186.308 | 186.308 |
4
Quarterly financial information on March 31, 2024
Companhia de Saneamento do Paraná - Sanepar
Individual financial information - Statements of profit or loss
(Amounts in thousands of Brazilian Reais - R$)
(Free translation from the original issued in Portuguese. In the event of any discrepancies, the Portuguese language version shall prevail.)
Accumulated from | Accumulated from | ||
the current year | the prior year | ||
Line item code Description | March 31, 2024 | March 31, 2023 | |
3.01 | Revenue from sales and/or services | 1.698.012 | 1.453.963 |
3.02 | Cost of sales and/or services | -685.830 | -588.609 |
3.03 | Gross profit | 1.012.182 | 865.354 |
3.04 | Operating expenses/revenue | -371.405 | -317.748 |
3.04.01 | Selling expenses | -118.809 | -25.965 |
3.04.02 | General and administrative expenses | -241.326 | -186.601 |
3.04.05 | Other operating expenses | -11.270 | -104.765 |
3.04.05.01 | Provision for contingencies | 31.496 | -63.440 |
3.04.05.02 | Pension plan and healthcare plan | -12.515 | -11.430 |
3.04.05.04 | Profit sharing program | -29.021 | -24.447 |
3.04.05.05 | Other operating expenses (income) | -1.230 | -5.448 |
3.04.06 | Share of profit from equity accounted investments | 0 | -417 |
3.05 | Profit before finance income (costs) and taxes | 640.777 | 547.606 |
3.06 | Finance income (costs) | -74.528 | -70.544 |
3.06.01 | Finance income | 82.674 | 68.358 |
3.06.02 | Finance costs | -157.202 | -138.902 |
3.07 | Profit before income taxes | 566.249 | 477.062 |
3.08 | Income tax and social contribution | -186.897 | -157.488 |
3.08.01 | Current | -192.977 | -198.351 |
3.08.02 | Deferred | 6.080 | 40.863 |
3.09 | Profit from continuing operations | 379.352 | 319.574 |
3.11 | Profit/loss for the period | 379.352 | 319.574 |
3.99 Earnings per share - (reais/share)
3.99.01 Basic earnings per share
3.99.01.01 | Preferred shares | 0,2589 | 0,2181 |
3.99.01.02 | Common shares | 0,2353 | 0,1983 |
3.99.02 Diluted earnings per share
3.99.02.01 | Preferred shares | 0,2589 | 0,2181 |
3.99.02.02 | Common shares | 0,2353 | 0,1983 |
5
Quarterly financial information on March 31, 2024
Companhia de Saneamento do Paraná - Sanepar
Individual financial information - Statements of comprehensive income
(Amounts in thousands of Brazilian Reais - R$)
(Free translation from the original issued in Portuguese. In the event of any discrepancies, the Portuguese language version shall prevail.)
Accumulated from the | Accumulated from the | ||
current year | prior year | ||
Line item code Description | March 31, 2024 | March 31, 2023 | |
4.01 | Profit for the period | 379.352 | 319.574 |
4.02 | Other comprehensive income | -1.059 | -1.077 |
4.02.01 | Realization of the revaluation reserve | -1.567 | -1.608 |
4.02.02 | Taxes on the realization of the revaluation reserve | 533 | 547 |
4.02.03 | Realization of the adjustment to deemed cost | -38 | -24 |
4.02.04 | Taxes on the realization of the adjustment to deemed cost | 13 | 8 |
4.03 | Comprehensive income for the period | 378.293 | 318.497 |
6
Quarterly financial information on March 31, 2024
Companhia de Saneamento do Paraná - Sanepar
Individual financial information - Statements of cash flows - indirect method
(Amounts in thousands of Brazilian Reais - R$)
(Free translation from the original issued in Portuguese. In the event of any discrepancies, the Portuguese language version shall prevail.)
LIABILITIES AND EQUITY | |||
Accumulated from | Accumulated from | ||
the current year | the prior year | ||
Line item code Description | March 31, 2024 | March 31, 2023 | |
6.01 | Net cash from operating activities | 635.177 | 481.571 |
6.01.01 | Cash from operating activities | 676.740 | 571.392 |
6.01.01.01 | Profit for the period | 379.352 | 319.574 |
6.01.01.02 | Depreciation and amortization | 133.389 | 116.284 |
6.01.01.03 | Costs of write-off of PP&E and intangible assets | 1.420 | 1.999 |
6.01.01.04 | Impairment of assets | -293 | -627 |
6.01.01.06 | Adjustment to present value of assets and liabilities | -7.981 | -6.958 |
6.01.01.07 | Allowance for expected credit losses | 29.909 | -45.420 |
6.01.01.08 | Deferred income tax and social contribution liabilities, net | -6.080 | -40.864 |
6.01.01.09 | Provision for contingencies | -31.496 | 63.440 |
6.01.01.10 | Pension plan and healthcare plan | 12.515 | 11.430 |
6.01.01.11 | Interest on borrowings | 118.077 | 97.942 |
6.01.01.12 | Inflation adjustments on financing | 33.573 | 41.246 |
6.01.01.13 | Interest and inflation adjustments on leases | 11.449 | 10.591 |
6.01.01.14 | Foreign exchange gains (losses), net | 542 | -130 |
6.01.01.15 | Changes in derivative financial instrument | 716 | 574 |
6.01.01.16 | Share of profit from equity accounted investments | 0 | 417 |
6.01.01.17 | Allocation of borrowing costs | 1.593 | 1.758 |
6.01.01.18 | Adjustment to fair value - investments | 55 | 136 |
6.01.02 | Changes in assets and liabilities | -41.563 | -89.821 |
6.01.02.01 | Trade receivables | -32.365 | -71.864 |
6.01.02.02 | Recoverable taxes and contributions | -305 | -1.165 |
6.01.02.03 | Inventories | 5.119 | 5.506 |
6.01.02.04 | Escrow deposits | 3.194 | -18.084 |
6.01.02.05 | Other claims and receivables | -61.245 | -3.443 |
6.01.02.06 | Contractors and suppliers | -22.405 | -60.854 |
6.01.02.08 | Taxes and contributions | 142.775 | 140.702 |
6.01.02.09 | Payroll and related taxes | 31.895 | 25.823 |
6.01.02.10 | Collaterals and contractual withholdings | -24 | 99 |
6.01.02.11 | Unearned revenue | -890 | -890 |
6.01.02.12 | Income tax and social contribution paid | -119.663 | -121.305 |
6.01.02.13 | Other payables | 12.351 | 15.654 |
6.02 | Net cash flows from investing activities | -424.598 | -403.259 |
6.02.01 | Investment in PP&E, intangible assets and contractual asset | -424.598 | -402.657 |
6.02.02 | Investment in investee | 0 | -602 |
6.03 | Net cash from financing activities | 417.572 | -73.583 |
6.03.01 | Borrowings | 664.504 | 132.001 |
6.03.02 | Repayment of financing | -66.306 | -59.594 |
6.03.03 | Payments on interest on financing | -110.989 | -107.810 |
6.03.04 | Lease payments | -29.863 | -23.191 |
6.03.05 | Cost of borrowings | -4.906 | 0 |
6.03.06 | Restricted deposits | -34.868 | -14.989 |
6.05 | Increase (decrease) in cash and cash equivalents | 628.151 | 4.729 |
6.05.01 | Cash and cash equivalents at the beginning of the period | 1.285.158 | 1.207.932 |
6.05.02 | Cash and cash equivalents at the end of the period | 1.913.309 | 1.212.661 |
7
Quarterly financial information on March 31, 2024
Companhia de Saneamento do Paraná - Sanepar
Individual financial information - Statements of value added
(Amounts in thousands of Brazilian Reais - R$) | |||
(Free translation from the original issued in Portuguese. In the event of any discrepancies, the Portuguese language version shall prevail.) | |||
Accumulated from | Accumulated from | ||
the current year | the prior year | ||
Line item code Description | March 31, 2024 | March 31, 2023 | |
7.01 | Revenue | 1.798.463 | 1.607.088 |
7.01.01 | Sales of goods and services | 1.829.602 | 1.567.116 |
7.01.02 | Other income | -1.230 | -5.448 |
7.01.04 | Allowance for/reversal of expected credit losses | -29.909 | 45.420 |
7.02 | Inputs acquired from third parties | -470.599 | -482.052 |
7.02.01 | Cost of sales and services | -225.504 | -214.222 |
7.02.02 | Supplies, power, outside services, and other costs | -275.913 | -213.786 |
7.02.04 | Other | 30.818 | -54.044 |
7.03 | Gross value added | 1.327.864 | 1.125.036 |
7.04 | Withholdings | -133.389 | -116.284 |
7.04.01 | Depreciation, amortization and depletion | -133.389 | -116.284 |
7.05 | Wealth created | 1.194.475 | 1.008.752 |
7.06 | Wealth received in transfer | 82.674 | 67.941 |
7.06.01 | Share of profit from equity accounted investments | 0 | -417 |
7.06.02 | Finance income | 82.674 | 68.358 |
7.07 | Wealth for distribution | 1.277.149 | 1.076.693 |
7.08 | Wealth distributed | 1.277.149 | 1.076.693 |
7.08.01 | Personnel | 364.570 | 296.284 |
7.08.01.01 | Salaries and wages | 199.474 | 188.870 |
7.08.01.02 | Benefits | 151.595 | 94.404 |
7.08.01.03 | Severance Pay Fund (FGTS) | 13.501 | 13.010 |
7.08.02 | Taxes, fees and contributions | 373.769 | 319.624 |
7.08.02.01 | Federal | 367.503 | 317.782 |
7.08.02.02 | State | 454 | 461 |
7.08.02.03 | Municipal | 5.812 | 1.381 |
7.08.03 | Lenders and lessors | 159.458 | 141.211 |
7.08.03.01 | Interest | 157.202 | 138.902 |
7.08.03.02 | Leases | 2.256 | 2.309 |
7.08.04 | Shareholders | 379.352 | 319.574 |
7.08.04.03 | Retained earnings/loss for the period | 379.352 | 319.574 |
8
Quarterly financial information on March 31, 2024
Companhia de Saneamento do Paraná - Sanepar
Individual financial information - Statements of changes in equity on March 31, 2024
(Amounts in thousands of Brazilian Reais - R$)
(Free translation from the original issued in Portuguese. In the event of any discrepancies, the Portuguese language version shall prevail.) | ||||||||
Capital reserves, options | Retained earnings | Other | ||||||
Line item | granted and treasury | or accumulated | comprehensive | |||||
code | Description | Paid-in capital | shares | Earnings reserve | losses | income | Equity | |
5.01 | Opening balance | 5.996.137 | 0 | 3.507.386 | 0 | 240.677 | 9.744.200 | |
5.03 | Adjusted opening balance | 5.996.137 | 0 | 3.507.386 | 0 | 240.677 | 9.744.200 | |
5.05 | Total comprehensive income | 0 | 0 | 0 | 380.411 | -1.059 | 379.352 | |
5.05.01 | Profit for the period | 0 | 0 | 0 | 379.352 | 0 | 379.352 | |
5.05.02 | Other comprehensive income | 0 | 0 | 0 | 1.059 | -1.059 | 0 | |
5.05.02.06 | Realization of the revaluation reserves | 0 | 0 | 0 | 1.567 | -1.567 | 0 | |
5.05.02.07 | Taxes on the realization of the revaluation reserve | 0 | 0 | 0 | -533 | 533 | 0 | |
5.05.02.08 | Realization of the adjustments to deemed cost | 0 | 0 | 0 | 38 | -38 | 0 | |
5.05.02.09 | Taxes on the realization of the adjustment to deemed cost | 0 | 0 | 0 | -13 | 13 | 0 | |
5.07 | Closing balances | 5.996.137 | 0 | 3.507.386 | 380.411 | 239.618 | 10.123.552 |
9
Quarterly financial information on March 31, 2024
Companhia de Saneamento do Paraná - Sanepar
Individual financial information - Statements of changes in equity on March 31, 2023
(Amounts in thousands of Brazilian Reais - R$)
(Free translation from the original issued in Portuguese. In the event of any discrepancies, the Portuguese language version shall prevail.)
Capital reserves, | Other | ||||||
Line item | options granted and | Earnings | Retained earnings or | comprehensiv | |||
code | Description | Paid-in capital treasury shares | reserve | accumulated losses | e income | Equity | |
5.01 | Opening balance | 3.996.137 | 0 | 4.515.837 | 0 | 274.913 | 8.786.887 |
5.03 | Adjusted opening balance | 3.996.137 | 0 | 4.515.837 | 0 | 274.913 | 8.786.887 |
5.05 | Total comprehensive income | 0 | 0 | 0 | 320.651 | -1.077 | 319.574 |
5.05.01 | Profit for the period | 0 | 0 | 0 | 319.574 | 0 | 319.574 |
5.05.02 | Other comprehensive income | 0 | 0 | 0 | 1.077 | -1.077 | 0 |
5.05.02.06 | Realization of the revaluation reserves | 0 | 0 | 0 | 1.608 | -1.608 | 0 |
5.05.02.07 | Taxes on the realization of the revaluation reserves | 0 | 0 | 0 | -547 | 547 | 0 |
5.05.02.08 | Realization of the adjustment to deemed cost | 0 | 0 | 0 | 24 | -24 | 0 |
5.05.02.09 | Taxes on the realization of the adjustment to deemed cost | 0 | 0 | 0 | -8 | 8 | 0 |
5.07 | Closing balances | 3.996.137 | 0 | 4.515.837 | 320.651 | 273.836 | 9.106.461 |
10
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SANEPAR - Companhia de Saneamento do Paraná published this content on 09 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 May 2024 22:14:27 UTC.