Financial Results
/xl/drawings/drawing1.xml#Results!A1Cash Flow
/xl/drawings/drawing1.xml#'Cash%20Flow'!A1Costs and Expenses
/xl/drawings/drawing1.xml#'Costs%20and%20Expenses'!A1Investor Relations ricesp@cesp.com.br +55 (11) 3092-2956
Balance Sheet
/xl/drawings/drawing1.xml#'Balance%20Sheet'!A1Indebtedness
/xl/drawings/drawing1.xml#Indebtedness!A12Q21 Interactive Sheet
Last update: 07/29/2021
Operational Data
/xl/drawings/drawing1.xml#Operation!A1Energy Balance
/xl/drawings/drawing1.xml#'Energy%20Balance'!A1Contingencies
/xl/drawings/drawing1.xml#'Contingent%20Liability'!A1Energy Portfolio
/xl/drawings/drawing1.xml#'Energy%20Portfolio'!A1Dividends
/xl/drawings/drawing1.xml#Dividends!A1Income Statement | |||||||||||||
Income Statement (R$ thousand) | 2018 | 1T19 | 2T19 | 3T19 | 4T19 | 2019 | 1T20 | 2T20 | 3T20 | 4T20 | 2020 | 1T21 | 2T21 |
Gross revenue | 1,927,319 | 422,161 | 435,104 | 476,148 | 497,086 | 1,830,499 | 540,862 | 544,905 | 536,256 | 581,775 | 2,203,798 | 634,200 | 596,414 |
Free Market - Bilateral Contracts | 1,341,014 | 277,098 | 293,520 | 346,009 | 356,779 | 1,273,406 | 394,841 | 418,960 | 407,850 | 423,695 | 1,644,257 | 459,377 | 401,419 |
Trading | - | - | - | - | - | - | 12,252 | 27,269 | 28,191 | 43,351 | 112,152 | 58,304 | 80,300 |
Regulated Market - Energy Auctions | 463,076 | 120,885 | 115,453 | 119,047 | 126,203 | 481,588 | 126,777 | 120,562 | 121,596 | 129,510 | 498,445 | 130,377 | 124,448 |
Short-term energy | 120,648 | 23,547 | 25,483 | 10,438 | 12,767 | 72,235 | 15,882 | 6,129 | 16,134 | 17,151 | 55,296 | 11,828 | 9,372 |
Derivative financial instruments | - | - | - | - | - | - | (9,637) | (28,611) | (41,310) | (36,737) | (116,295) | (26,391) | (19,830) |
Other revenue | 2,581 | 631 | 648 | 654 | 1,337 | 3,270 | 747 | 596 | 3,795 | 4,805 | 9,943 | 705 | 705 |
Deductions from operating revenues | (293,209) | (66,543) | (66,727) | (61,682) | (64,251) | (259,203) | (80,322) | (59,373) | (65,729) | (81,126) | (286,550) | (77,315) | (71,251) |
Quota for the reversal of global reserves - RGR | (54,714) | (12,308) | (12,309) | (843) | (844) | (26,304) | (843) | (844) | (223) | (669) | (2,579) | (446) | (446) |
Research and development - R&D | (16,319) | (3,551) | (3,678) | (4,164) | (4,238) | (15,631) | (3,933) | (4,011) | (2,349) | (4,805) | (15,098) | (4,184) | (3,522) |
Taxes on services - ISS | (132) | (34) | (35) | (32) | (19) | (120) | (23) | (21) | (21) | (19) | (84) | (21) | (35) |
COFINS on operating revenues | (140,460) | (30,612) | (31,791) | (35,583) | (37,046) | (135,032) | (49,986) | (34,115) | (43,495) | (46,974) | (174,570) | (50,206) | (46,834) |
PIS on operating revenues | (30,493) | (6,646) | (6,901) | (7,726) | (8,043) | (29,316) | (10,852) | (7,407) | (9,443) | (10,198) | (37,900) | (10,900) | (10,168) |
Financial compensation for use of water resources | (48,063) | (12,608) | (11,229) | (12,119) | (12,845) | (48,801) | (13,456) | (11,765) | (9,294) | (16,874) | (51,389) | (10,228) | (8,916) |
Inspection fee of electricity services - TFSE | (3,028) | (784) | (784) | (1,215) | (1,216) | (3,999) | (1,229) | (1,210) | (904) | (1,587) | (4,930) | (1,330) | (1,330) |
Net operating revenue | 1,634,110 | 355,618 | 368,377 | 414,466 | 432,835 | 1,571,296 | 460,540 | 485,532 | 470,527 | 500,649 | 1,917,248 | 556,885 | 525,163 |
Cost of energy service | (1,232,279) | (349,882) | (211,747) | (258,322) | (272,064) | (1,092,015) | (226,335) | (281,056) | (312,967) | (369,284) | (1,189,642) | (365,112) | (343,278) |
Gross operating profit | 401,831 | 5,736 | 156,630 | 156,144 | 160,771 | 479,281 | 234,205 | 204,476 | 157,560 | 131,365 | 727,606 | 191,773 | 181,885 |
Operating expenses | 257,322 | (108,846) | (56,506) | (29,028) | 198,461 | 4,081 | (25,408) | 93,448 | (24,056) | 41,136 | 85,120 | 155,855 | (49,602) |
Result before financial result | 659,153 | (103,110) | 100,124 | 127,116 | 359,232 | 483,362 | 208,797 | 297,924 | 133,504 | 172,501 | 812,726 | 347,628 | 132,283 |
Financial income | 75,704 | 33,102 | 20,986 | 9,085 | 11,265 | 74,438 | 10,513 | 7,941 | 6,550 | 4,738 | 29,742 | 5,725 | 5,971 |
Financial expenses | (450,571) | (85,444) | (123,220) | (138,940) | (70,901) | (418,505) | (119,723) | (102,267) | (188,223) | (175,457) | (585,670) | (173,588) | (163,547) |
Exchange variation | 680 | 2,260 | (6,068) | 319 | (2,809) | - 0 | - 0 | - 0 | - 0 | - 0 | - | - 0 | |
Financial result | (374,867) | (51,662) | (99,974) | (135,923) | (59,317) | (346,876) | (109,210) | (94,326) | (181,673) | (170,719) | (555,928) | (167,863) | (157,576) |
Income (loss) before tax and social contribution | 284,286 | (154,772) | 150 | (8,807) | 299,915 | 136,486 | 99,587 | 203,598 | (48,169) | 1,782 | 256,798 | 179,765 | (25,293) |
Net IR/CSLL | 10,147 | (3,471) | (4,152) | 951 | 1,033,200 | 1,026,528 | (45,774) | (65,800) | (10,356) | 1,593,894 | 1,471,964 | (63,967) | 7,164 |
Net income (loss) | 294,433 | (158,243) | (4,002) | (7,856) | 1,333,115 | 1,163,014 | 53,813 | 137,798 | (58,525) | 1,595,676 | 1,728,762 | 115,798 | (18,129) |
Note: As from 2Q19, the monetary restatement expenses on provision for litigation were reclassified from "Other Operating Expenses" to "Financial Expenses". Comparative periods changed to reflect reclassification. |
Managerial Cash Flow | |||||||||||||
Cash Flow - R$ thousand | 2018 | 1Q19 | 2Q19 | 3Q19 | 4Q19 | 2019 | 1Q20 | 2Q20 | 3Q20 | 4Q20 | 2020 | 1Q21 | 2Q21 |
Adjusted EBITDA | 502,660 | 41,597 | 218,592 | 234,618 | 257,032 | 751,839 | 336,171 | 287,276 | 235,952 | 154,705 | 1,014,104 | 282,392 | 221,717 |
Cash IR/CSLL | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | (10,662) | (21,246) | (23,603) | (17,035) | (72,546) | (26,718) | (9,438) |
Working capital | (10,547) | (3,888) | (27,553) | 8,042 | 116,013 | 92,614 | (93,547) | 50,440 | (49,939) | (26,654) | (119,700) | (50,720) | 69,818 |
CAPEX | (16,089) | (583) | (3,046) | (915) | (4,544) | (9,088) | (2,344) | (5,809) | (1,940) | (5,535) | (15,628) | (1,012) | (2,419) |
Operating cash flow | 476,024 | 37,126 | 187,993 | 241,745 | 368,501 | 835,365 | 229,618 | 310,661 | 160,470 | 105,481 | 806,230 | 203,942 | 279,678 |
Net debt service | 1,675 | (2,588) | (44,870) | (23,412) | (69,085) | (139,955) | (3) | (47,455) | (10,137) | (5,497) | (63,092) | (31,934) | (6,042) |
Operating cash flow after debt service | 477,699 | 34,538 | 143,123 | 218,333 | 299,416 | 695,410 | 229,615 | 263,206 | 150,333 | 99,984 | 743,138 | 172,008 | 273,636 |
Payment of litigation | (144,826) | (22,819) | (57,561) | (96,746) | (52,105) | (229,231) | (20,780) | (19,356) | (12,359) | (62,736) | (115,231) | (11,934) | (16,895) |
Judicial release | 18,644 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | ||
Funding | - 0 | 1,777,982 | - 0 | - 0 | - 0 | 1,777,982 | - 0 | - 0 | 1,450,167 | - 0 | 1,450,167 | - 0 | - 0 |
Amortization | (225,594) | (40,163) | (84,413) | (46,428) | (46,732) | (217,736) | (11) | (11) | (1,500,011) | - 0 | (1,500,033) | - 0 | - 0 |
Pagamento da outorga | - 0 | - 0 | (1,398,703) | - 0 | - 0 | (1,398,703) | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 |
Dividends | (25,573) | - 0 | (297,164) | - 0 | - 0 | (297,164) | (85) | (409,473) | (86) | (196,457) | (606,101) | - 0 | (583,990) |
Share buyback - ADR Program | - | - | - | - | - | - 0 | - | - | - | - | - 0 | (3,332) | - 0 |
Free cash flow | 100,350 | 1,749,538 | (1,694,718) | 75,159 | 200,579 | 330,558 | 208,739 | (165,634) | 88,044 | (159,209) | (28,060) | 156,742 | (327,249) |
Initial cash balance | 310,536 | 410,886 | 2,160,424 | 465,706 | 540,865 | 410,886 | 741,444 | 950,183 | 784,549 | 872,593 | 741,444 | 713,384 | 870,126 |
Final cash balance | 410,886 | 2,160,424 | 465,706 | 540,865 | 741,444 | 741,444 | 950,183 | 784,549 | 872,593 | 713,384 | 713,384 | 870,126 | 542,877 |
Notes: 2019 numbers were reclassified to be comparable to 2020 ("Judicial Blocking" was reclassified to "Working Capital" and "Debt Services" now excludes financial revenue, which are also consider in the "Working Capital" line. "Liability Payment" represents the sum of litigation and judicial settlements. 1Q21: "IR/CSLL" considers R$16 million of deduction at source IR due to the interest on equity distribution. |
Consolidated Balance Sheet | |||||||||||
Balance Sheet - R$ thousand | 12/31/18 | 3/31/19 | 6/30/19 | 9/30/19 | 12/31/19 | 3/31/20 | 6/30/20 | 9/30/20 | 12/31/20 | 3/31/21 | 6/30/21 |
Current | 854,999 | 1,071,788 | 782,557 | 855,064 | 1,071,788 | 1,325,619 | 1,160,785 | 1,242,959 | 1,118,857 | 1,294,499 | 934,521 |
Cash and cash equivalents | 410,886 | 741,444 | 465,706 | 540,865 | 741,444 | 950,183 | 784,549 | 872,593 | 713,384 | 870,126 | 542,877 |
Derivative Financial Instruments | - 0 | 18,718 | - 0 | 1,344 | 18,718 | - 0 | - 0 | - 0 | - 0 | - | - 0 |
Receivables | 240,802 | 198,930 | 180,946 | 182,662 | 198,930 | 237,155 | 236,967 | 237,493 | 272,817 | 284,147 | 239,618 |
Taxes and contributions for offset | 79,203 | 8,357 | 36,038 | 24,312 | 8,357 | 18,032 | 20,393 | 24,369 | 61,190 | 71,304 | 78,206 |
Contracts of future energy | - 0 | - 0 | - 0 | - 0 | - 0 | 22,230 | 18,686 | 11,085 | - 0 | 1,513 | - 0 |
Prepaid expenses | 15,580 | 11,186 | 15,021 | 17,738 | 11,186 | 5,486 | 3,955 | 3,134 | 1,957 | 961 | 4,153 |
Other credits | 108,528 | 93,153 | 84,846 | 88,143 | 93,153 | 92,533 | 96,235 | 94,285 | 69,509 | 66,448 | 69,667 |
Non-current | 9,471,501 | 11,857,966 | 10,897,515 | 10,794,376 | 11,857,966 | 11,800,971 | 11,635,777 | 11,518,960 | 13,433,007 | 13,246,752 | 13,151,648 |
Derivative Financial Instruments | - 0 | 21,225 | - 0 | 2,563 | 21,225 | - 0 | - 0 | - 0 | - 0 | - | - 0 |
Contracts of future energy | - 0 | - 0 | - 0 | - 0 | - 0 | 2,610 | 3,555 | 2,751 | - 0 | - 0 | - 0 |
Pledges and restricted deposits | 536,254 | 343,979 | 556,114 | 545,462 | 343,979 | 332,187 | 292,940 | 268,739 | 260,496 | 218,870 | 217,483 |
Deferred IR/CSLL | 579,226 | 1,877,412 | 571,603 | 571,603 | 1,877,412 | 1,947,308 | 1,915,075 | 1,920,530 | 3,954,680 | 3,908,905 | 3,908,192 |
Warehouse | 4,302 | 7,611 | 4,713 | 5,060 | 7,611 | 8,584 | 6,170 | 6,041 | 6,023 | 5,959 | 5,918 |
Assets available for reversal | 1,949,430 | 1,719,390 | 1,949,430 | 1,949,430 | 1,719,390 | 1,719,390 | 1,719,390 | 1,719,390 | 1,739,161 | 1,739,161 | 1,739,161 |
Investments | - 0 | - 0 | - 0 | 1,000 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 |
Intangible | 36,800 | 1,575,300 | 1,603,567 | 1,588,087 | 1,575,300 | 1,560,881 | 1,548,484 | 1,535,257 | 1,509,895 | 1,495,452 | 1,482,468 |
Immobilized | 6,356,617 | 6,305,943 | 6,202,984 | 6,122,386 | 6,305,943 | 6,222,653 | 6,143,150 | 6,059,584 | 5,956,429 | 5,872,427 | 5,792,444 |
Right of use over lease agreements | - 0 | 7,106 | - 0 | 7,424 | 7,106 | 7,358 | 7,013 | 6,668 | 6,323 | 5,978 | 5,982 |
Prepaid expenses | 7,511 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 |
Other credits | 1,361 | - 0 | 9,104 | 1,361 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 |
Fixed assets | 10,326,500 | 12,929,754 | 11,680,072 | 11,649,440 | 12,929,754 | 13,126,590 | 12,796,562 | 12,761,919 | 14,551,864 | 14,541,251 | 14,086,169 |
Liabilities current | 884,398 | 956,858 | 472,280 | 392,722 | 956,858 | 1,077,777 | 743,808 | 733,938 | 1,050,593 | 1,286,447 | 692,926 |
Loans, financing and debentures | 175,417 | 44,604 | 134,508 | 41,771 | 44,604 | 41,849 | 67,484 | 69,021 | 103,080 | 105,192 | 110,609 |
Suppliers | 214,556 | 3,002 | 91,380 | 83,476 | 3,002 | 25,446 | 1,889 | 4,459 | 18,220 | 5,398 | 20,019 |
Lease | 25,211 | 1,584 | - 0 | 1,584 | 1,584 | 1,700 | 1,700 | 1,700 | 1,700 | 1,700 | 1,791 |
Derivative Financial Instruments | - 0 | - 0 | - 0 | 911 | - 0 | 107,488 | 129,693 | 147,330 | 95,084 | 127,584 | 48,869 |
Future energy contracts | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | 17,336 | - 0 | 26,199 |
Estimated liabilities and payroll | - 0 | 21,497 | 15,341 | 19,195 | 21,497 | 14,564 | 17,373 | 20,539 | 23,387 | 13,060 | 15,821 |
Taxes and social contributions | 19,061 | 23,535 | 16,127 | 29,289 | 23,535 | 49,165 | 98,404 | 68,565 | 40,721 | 32,881 | 44,736 |
Regulatory charges | 141,742 | 115,673 | 111,032 | 112,061 | 115,673 | 115,303 | 115,420 | 114,512 | 76,507 | 75,534 | 74,184 |
Dividends and interest on capital | 298,750 | 606,176 | 1,586 | 1,586 | 606,176 | 606,091 | 196,618 | 196,532 | 581,919 | 834,541 | 250,444 |
Use of public asset tax (UBP) | - 0 | 29,275 | 7,319 | 18,297 | 29,275 | 40,254 | 45,811 | 46,003 | 41,307 | 40,336 | 40,940 |
Social and environmental obligations | - 0 | 23,474 | - 0 | - 0 | 23,474 | 27,382 | 31,369 | 35,343 | 28,426 | 28,411 | 32,321 |
Other obligations | 9,661 | 88,038 | 94,987 | 84,552 | 88,038 | 48,535 | 38,047 | 29,934 | 22,906 | 21,810 | 26,993 |
Non-current | 2,340,036 | 4,827,991 | 4,263,605 | 4,316,021 | 4,827,991 | 5,002,659 | 4,876,007 | 4,899,158 | 6,295,058 | 6,204,326 | 6,311,753 |
Loans, financing and debentures | 1,080 | 1,781,123 | 1,779,561 | 1,783,483 | 1,781,123 | 1,785,056 | 1,782,696 | 1,758,277 | 1,800,854 | 1,840,578 | 1,874,094 |
Lease | - 0 | 5,624 | - 0 | 6,029 | 5,624 | 5,729 | 5,419 | 5,105 | 4,788 | 4,468 | 4,516 |
Regulatory charges | 35,852 | 12,014 | 35,852 | 15,899 | 12,014 | 12,014 | 12,014 | 12,014 | 1,240 | 1,240 | 1,240 |
Use of public asset tax | - 0 | 158,355 | 176,148 | 167,240 | 158,355 | 149,493 | 140,935 | 131,783 | 114,057 | 105,567 | 97,197 |
Derivative Financial Instruments | - 0 | - 0 | - 0 | 292 | - 0 | 92,075 | 83,767 | 55,185 | 9,141 | - 0 | - 0 |
Future energy contracts | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | 4,108 | 3,697 | 9,681 |
Provision for litigation | 2,156,162 | 1,814,375 | 2,120,009 | 2,197,258 | 1,814,375 | 1,889,659 | 1,782,843 | 1,859,083 | 1,748,257 | 1,606,027 | 1,643,730 |
Social and environmental obligations | 72,915 | 164,536 | 72,915 | 72,915 | 164,536 | 160,474 | 156,391 | 152,314 | 152,749 | 148,503 | 144,062 |
Employees pension | - 0 | 836,995 | - 0 | - 0 | 836,995 | 851,872 | 866,326 | 880,997 | 2,412,379 | 2,451,341 | 2,492,036 |
Other obligations | 74,027 | 54,969 | 79,120 | 72,905 | 54,969 | 56,287 | 45,616 | 44,400 | 47,485 | 42,905 | 45,197 |
Total Liabilities | 3,224,434 | 5,784,849 | 4,735,885 | 4,708,743 | 5,784,849 | 6,080,436 | 5,619,815 | 5,633,096 | 7,345,651 | 7,490,773 | 7,004,679 |
Shareholders' Equity | 7,102,066 | 7,144,905 | 6,944,187 | 6,940,697 | 7,144,905 | 7,046,154 | 7,176,747 | 7,128,823 | 7,206,213 | 7,050,478 | 7,081,490 |
Capital stock | 5,975,433 | 5,975,433 | 5,975,433 | 5,975,433 | 5,975,433 | 5,975,433 | 5,975,433 | 5,975,433 | 5,975,433 | 5,975,433 | 5,975,433 |
Capital reserves | 1,929,098 | 1,929,098 | 1,929,098 | 1,929,098 | 1,929,098 | 1,929,098 | 1,929,098 | 1,929,098 | 1,929,098 | 1,929,098 | 1,929,098 |
Profit reserves | 554,588 | 1,084,883 | 554,588 | 554,588 | 1,084,883 | 1,084,883 | 1,084,883 | 1,084,883 | 2,187,137 | 1,934,515 | 1,934,622 |
Equity valuation adjustments | - 976,752 | - 948,623 | - 964,994 | - 958,478 | - 948,623 | - 938,897 | - 928,708 | - 917,819 | - 919,658 | - 2,893,847 | - 2,837,415 |
Other comprehensive income | - 380,301 | - 895,886 | - 375,935 | - 371,569 | - 895,886 | - 1,048,450 | - 1,055,655 | - 1,045,054 | - 1,965,797 | 108,611 | 83,084 |
Lucros (prejuízos) acumulados | - 0 | - 0 | - 174,003 | - 188,375 | - 0 | 44,087 | 171,696 | 102,282 | - 0 | - 3,332 | - 3,332 |
Total Liabilities and Shareholders 'Equity | 10,326,500 | 12,929,754 | 11,680,072 | 11,649,440 | 12,929,754 | 13,126,590 | 12,796,562 | 12,761,919 | 14,551,864 | 14,541,251 | 14,086,169 |
Operational Costs & Expenses | |||||||||||||
Nature - R$ thousand | 2018 | 1T19 | 2T19 | 3T19 | 4T19 | 2019 | 1T20 | 2T20 | 3T20 | 4T20 | 2020 | 1T21 | 2T21 |
Purchased energy | (751,603) | (222,998) | (76,100) | (119,914) | (122,099) | (541,111) | (82,336) | (137,133) | (168,418) | (214,942) | (602,829) | (219,719) | (197,214) |
Regulatory charges | (114,509) | (28,238) | (29,119) | (34,345) | (34,904) | (126,606) | (33,931) | (35,427) | (39,461) | (40,039) | (148,858) | (39,049) | (39,468) |
Personnel | (140,894) | (39,008) | (22,143) | (25,097) | (20,096) | (106,344) | (19,895) | (15,423) | (18,502) | (14,459) | (68,279) | (19,945) | (16,615) |
VDP - voluntary dismissal program | - 0 | (102,504) | (2,287) | (5,955) | (336) | (111,082) | - 0 | - 0 | (5,961) | (9,037) | (14,998) | - 0 | - 0 |
Administrators | (2,238) | (366) | (438) | (364) | (5,732) | (6,900) | (1,240) | (1,230) | (1,251) | (5,044) | (8,765) | (2,134) | (1,670) |
Social security entity | (10,330) | (3,372) | (3,380) | (3,364) | (3,372) | (13,488) | 122 | 122 | 122 | 123 | 489 | 438 | (1,314) |
Material | (4,628) | (1,204) | (966) | (1,531) | (870) | (4,571) | (517) | (495) | (227) | (437) | (1,676) | (538) | (303) |
Third-party services | (59,246) | (12,898) | (12,619) | (9,216) | (11,700) | (46,433) | (6,186) | (7,401) | (6,314) | (14,639) | (34,540) | (7,760) | (8,571) |
Insurance | - 0 | (409) | (384) | (894) | (1,863) | (3,550) | (2,250) | (1,919) | (723) | (1,074) | (5,966) | (1,036) | (1,046) |
Depreciation/amortization | (316,345) | (78,510) | (92,530) | (96,289) | (112,236) | (379,565) | (100,395) | (99,876) | (95,376) | (101,682) | (397,329) | (97,855) | (97,371) |
Rents | (4,640) | (714) | (747) | (98) | (28) | (1,587) | (663) | (418) | (283) | (463) | (1,827) | (253) | (338) |
MP- MS Agreement Implementation | (52,000) | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 |
Provision for social and environmental commitments | 29,353 | - 0 | - 0 | - 0 | 14,835 | 14,835 | - 0 | - 0 | - 0 | (4,206) | (4,206) | - 0 | - 0 |
Reversal of quota difference RGR 2018 and 2017 | - 0 | - 0 | - 0 | 23,152 | 23,152 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | |
Provision of ad exitum fees | (9,505) | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 |
Provision for reduction of warehouse | 3,370 | 4,796 | 2,654 | 339 | 264 | 8,053 | 54 | - 0 | 12 | - 0 | 66 | - 0 | - 0 |
Provision (reversion) for litigation | 410,186 | 36,307 | (23,855) | (5,259) | 324,759 | 331,952 | (26,979) | 134,167 | 22,052 | 137,404 | 266,644 | 202,872 | 7,937 |
Expenses with judicial deposits | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | (23,643) | (23,163) | (16,478) | (63,284) | (39,781) | - 0 |
Reversal of impairment | 62,652 | - 0 | - 0 | - 0 | 120,405 | 120,405 | - 0 | - 0 | - 0 | 7,589 | 7,589 | - 0 | - 0 |
Adjustment for Jupiá and Ilha Solteira | - 0 | - 0 | - 0 | - 0 | (230,040) | (230,040) | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 |
Provision of PIS/COFINS for update of judicial deposits | 9,873 | (81) | (132) | 91 | 6,170 | 6,048 | (15) | 315 | 164 | 63 | 527 | (268) | (51) |
Mark-to-market future energy contracts | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | 24,840 | (2,599) | (8,405) | (35,280) | (21,444) | 19,260 | (33,696) |
Other (expenses) or income | (24,453) | (9,529) | (6,207) | (8,606) | 3,240 | (21,102) | (2,352) | 3,352 | 8,711 | (15,547) | (5,836) | (768) | 630 |
Taxes and contributions | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | (1,245) | (659) |
Maintenance and conservation | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | - 0 | (1,476) | (3,131) |
Total | (974,957) | (458,728) | (268,253) | (287,350) | (73,603) | (1,087,934) | (251,743) | (187,608) | (337,023) | (328,148) | (1,104,522) | (209,257) | (392,880) |
Indebtedness | |||||||
Indebtedness (R$ thousand) | 1Q20 | 2Q20 | 3Q20 | 4Q20 | 2020 | 1Q21 | 2Q21 |
Gross Debt | 1,817,931 | 1,791,704 | 1,769,541 | 1,825,562 | 1,825,562 | 1,852,144 | 1,900,420 |
Cash and Cash Equivalents | 950,183 | 784,549 | 872,593 | 713,384 | 713,384 | 870,126 | 542,877 |
Derivatives | 199,563 | 213,460 | 202,515 | 104,225 | 104,225 | 127,584 | 48,869 |
Net Debt | 1,067,311 | 1,220,615 | 1,099,463 | 1,216,403 | 1,216,403 | 1,109,602 | 1,406,412 |
EBITDA LTM | 1,196,865 | 1,401,920 | 1,407,395 | 1,210,055 | 1,210,055 | 1,346,346 | 1,178,200 |
EBITDA LTM Adjusted | 1,046,413 | 1,115,097 | 1,116,430 | 1,014,104 | 1,014,104 | 960,325 | 894,766 |
Leverage EBITDA | 0.9x | 0.9x | 0.8x | 1.0x | 1.0x | 0.8x | 1.2x |
Leverage EBITDA Adjusted | 1.0x | 1.1x | 1.0x | 1.2x | 1.2x | 1.2x | 1.6x |
Note: Gross Debt considers commercial lease | |||||||
Gross Debt by indexer (%) | |||||||
CDI | 100% | 100% | 17% | 17% | 17% | 17% | 16% |
IPCA | 0% | 0% | 83% | 83% | 83% | 83% | 84% |
Total | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
Average term (years) | 4.2 | 4.0 | 8.0 | 7.8 | 7.8 | 7.5 | 7.3 |
2Q21 Portfolio | Charges | Term | Principal - R$ million | ||||
11ª Emissão de Debêntures - 1ª série | CDI + 1,64% per year | 12/19/22 | 75 | ||||
11ª Emissão de Debêntures - 2ª série | CDI + 1,64% per year | 12/19/23 | 75 | ||||
11ª Emissão de Debêntures - 3ª série | CDI + 1,64% per year | 12/19/24 | 75 | ||||
11ª Emissão de Debêntures - 4ª série | CDI + 1,64% per year | 12/19/25 | 75 | ||||
12ª Emissão de Debêntures - 1ª série | IPCA + 4,30% per year | 8/15/28 | 539 | ||||
12ª Emissão de Debêntures - 2ª série | IPCA + 4,30% per year | 8/15/29 | 539 | ||||
12ª Emissão de Debêntures - 3ª série | IPCA + 4,30% per year | 8/15/30 | 539 | ||||
Total | - | - | 1,917 |
Operational Data | ||||||||||||||
General data | Reservoir area (km2) | Concession | Extension of dam (km) | Generating units | Start-up of operations | Location | Other info | |||||||
Porto Primavera | 2,040 | 14-Apr-49 | 10.2 | 14 | 1999 | Rosana (SP) | ||||||||
Paraibuna | 177 | 9-Sep-21 | 2.4 | 2 | 1978 | Paraibuna (SP) | Extensão de concessão concedida em mar/2021 | |||||||
Jaguari | 56 | 31-Dec-20 | 1.0 | 2 | 1972 | São José dos Campos (SP) | Usina entregue em 31/12/2020 | |||||||
Capacity / PG / Availability | 1Q18 | 2Q18 | 3Q18 | 4Q18 | 1Q19 | 2Q19 | 3Q19 | 4Q19 | 1Q20 | 2Q20 | 3Q20 | 4Q20 | 1Q21 | 2Q21 |
Capacity (MW) | ||||||||||||||
Porto Primavera | 1,540 | 1,540 | 1,540 | 1,540 | 1,540 | 1,540 | 1,540 | 1,540 | 1,540 | 1,540 | 1,540 | 1,540 | 1,540 | 1,540 |
Paraibuna | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 87 | 87 |
Jaguari | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | - | - |
Physical Guarantee (MWavg) | ||||||||||||||
Porto Primavera | 942 | 942 | 887 | 887 | 887 | 887 | 887 | 887 | 887 | 887 | 887 | 887 | 887 | 887 |
Paraibuna | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 | 48 |
Jaguari | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | - | - |
Avalability Index (%) | 93.7% | 93.8% | 93.7% | 93.7% | 93.8% | 93.9% | 94.0% | 93.9% | 94.1% | 94.5% | 95.0% | 95.7% | 95.8% | 95.9% |
Generation (MWavg) | 1Q18 | 2Q18 | 3Q18 | 4Q18 | 1Q19 | 2Q19 | 3Q19 | 4Q19 | 1Q20 | 2Q20 | 3Q20 | 4Q20 | 1Q21 | 2Q21 |
Porto Primavera | 1,129 | 938 | 925 | 1,068 | 1,065 | 920 | 942 | 1,020 | 1,093 | 923 | 958 | 965 | 867 | 726 |
Paraibuna | 23 | 38 | 63 | 31 | 11 | 26 | 57 | 50 | 11 | 34 | 61 | 46 | 3 | 42 |
Jaguari | 3 | 9 | 9 | 2 | 1 | 3 | 14 | 4 | 1 | 9 | 21 | 5 | 0 | 0 |
Total | 1,155 | 985 | 997 | 1,101 | 1,077 | 949 | 1,013 | 1,074 | 1,105 | 966 | 1,040 | 1,016 | 870 | 768 |
Balanço Energético | ||||||||||||||||||||||||||
Energy balance (MW average) | Jan-20 | feb/20 | Mar-20 | apr/20 | may/20 | Jun-20 | Jul-20 | aug/20 | sep/20 | oct/20 | Nov-20 | dec/20 | 2020 | Jan-21 | feb/21 | Mar-21 | apr/21 | may/21 | Jun-21 | Jul-21 | aug/21 | sep/21 | oct/21 | Nov-21 | dec/21 | 2021 |
Generation Scaling Factor (GSF) | 0.86 | 1.05 | 1.24 | 1.04 | 0.96 | 0.76 | 0.69 | 0.63 | 0.66 | 0.64 | 0.63 | 0.80 | 0.81 | 0.67 | 0.87 | 1.11 | 1.19 | 1.11 | 0.69 | 0.53 | 0.51 | 0.50 | 0.54 | 0.57 | 0.93 | 0.73 |
Physical Guarantee | 998 | 895 | 746 | 729 | 751 | 865 | 956 | 1,027 | 1,061 | 1,035 | 964 | 903 | 911 | 1,121 | 906 | 764 | 633 | 626 | 858 | 984 | 1,048 | 1,064 | 1,046 | 995 | 829 | 906 |
Adj. Physical Guarantee | 887 | 950 | 932 | 812 | 783 | 725 | 715 | 703 | 746 | 715 | 675 | 778 | 785 | 798 | 809 | 865 | 791 | 748 | 674 | 620 | 631 | 624 | 655 | 656 | 803 | 723 |
Deficit/ Surplus | 111 | -55 | -186 | -83 | -32 | 140 | 241 | 324 | 315 | 320 | 289 | 125 | 126 | 323 | 97 | -101 | -158 | -122 | 184 | 364 | 417 | 440 | 391 | 339 | 26 | 184 |
Energy Sold | 1,090 | 1,096 | 1,102 | 1,097 | 1,151 | 1,171 | 1,177 | 1,018 | 1,045 | 1,068 | 1,067 | 1,137 | 1,102 | 1,200 | 1,152 | 1,208 | 1,091 | 1,037 | 1,008 | 1,051 | 1,058 | 1,090 | 1,101 | 1,049 | 1,066 | 1,092 |
Deficit/ Surplus | 203 | 146 | 170 | 285 | 368 | 446 | 462 | 315 | 299 | 353 | 392 | 359 | 317 | 402 | 343 | 343 | 300 | 289 | 334 | 431 | 427 | 466 | 446 | 393 | 263 | 370 |
Energy purchased | 209 | 153 | 170 | 285 | 368 | 447 | 462 | 353 | 358 | 352 | 389 | 318 | 317 | 408 | 345 | 327 | 292 | 288 | 310 | 418 | 429 | 481 | 418 | 367 | 367 | 371 |
Total resource | 1,096 | 1,103 | 1,102 | 1,097 | 1,151 | 1,172 | 1,177 | 1,056 | 1,104 | 1,067 | 1,064 | 1,096 | 1,102 | 1,206 | 1,154 | 1,192 | 1,083 | 1,036 | 984 | 1,038 | 1,060 | 1,105 | 1,073 | 1,023 | 1,170 | 1,094 |
Balance (long or short) | 6 | 7 | 0 | -0 | 0 | 1 | 0 | 38 | 59 | -1 | -3 | -42 | -0 | 6 | 2 | -16 | -8 | -1 | -24 | -13 | 2 | 15 | -28 | -26 | 104 | 1 |
744 | 696 | 13-Jan-02 | 720 | 744 | 720 | 744 | 744 | 720 | 744 | 720 | 744 | 744 | 672 | 744 | 720 | 744 | 720 | 744 | 744 | 720 | 744 | 720 | 744 | |||
Physical Guaranty Seasonality (MWavg) | Jan-20 | feb/20 | Mar-20 | apr/20 | may/20 | Jun-20 | Jul-20 | aug/20 | sep/20 | oct/20 | Nov-20 | dec/20 | 2020 | Jan-21 | feb/21 | Mar-21 | apr/21 | may/21 | Jun-21 | Jul-21 | aug/21 | sep/21 | oct/21 | Nov-21 | dec/21 | 2021 |
Physical Guarantee Allocation | 998 | 895 | 746 | 729 | 751 | 865 | 956 | 1027 | 1061 | 1035 | 964 | 903 | 911 | 1,121 | 906 | 764 | 633 | 626 | 858 | 984 | 1,048 | 1,064 | 1,046 | 995 | 829 | 906 |
Quarterly Analysis - Volume (MWavg) | 1Q20 | 879.3 | 2Q20 | 781.3 | 3Q20 | 1014.2 | 4Q20 | 967.4 | 1Q21 | 931.1 | 2Q21 | 704.8 | 3Q21 | 1031.7 | 4Q21 | 956.3 | ||||||||||
Quarterly Analysis - Allocation (%) | 24% | 21% | 28% | 27% | 26% | 19% | 28% | 26% | ||||||||||||||||||
GSF (%) - CCEE | Jan-20 | feb/20 | Mar-20 | apr/20 | may/20 | Jun-20 | Jul-20 | aug/20 | sep/20 | oct/20 | Nov-20 | dec/20 | 2020 | Jan-21 | feb/21 | Mar-21 | apr/21 | may/21 | Jun-21 | Jul-21 | aug/21 | sep/21 | oct/21 | Nov-21 | dec/21 | 2021 |
GSF | 86% | 105% | 124% | 104% | 96% | 76% | 69% | 63% | 66% | 64% | 63% | 80% | 81% | 67% | 87% | 111% | 119% | 111% | 69% | 53% | 51% | 50% | 54% | 57% | 93% | 73% |
Quarterly Analysis - GSF | 1Q20 | 103.2% | 2Q20 | 91.1% | 3Q20 | 65.9% | 4Q20 | 68.6% | 1Q21 | 85.5% | 2Q21 | 96.4% | 3Q21 | 51.3% | 4Q21 | 66.3% | ||||||||||
Adjusted Physical Guarantee (MWavg) | Jan-20 | feb/20 | Mar-20 | apr/20 | may/20 | Jun-20 | Jul-20 | aug/20 | sep/20 | oct/20 | Nov-20 | dec/20 | 2020 | Jan-21 | feb/21 | Mar-21 | apr/21 | may/21 | Jun-21 | Jul-21 | aug/21 | sep/21 | oct/21 | Nov-21 | dec/21 | 2021 |
Physical Guarantee after GSF (MWavg) | 887 | 950 | 932 | 812 | 783 | 725 | 715 | 703 | 746 | 715 | 675 | 778 | 785 | 798 | 809 | 865 | 791 | 748 | 674 | 620 | 631 | 624 | 655 | 656 | 803 | 723 |
Quarterly Analysis - Volume (MWavg) | 1Q20 | 922.4 | 2Q20 | 773.4 | 3Q20 | 721.1 | 4Q20 | 723.2 | 1Q21 | 824.5 | 2Q21 | 737.8 | 3Q21 | 625.0 | 4Q21 | 705.2 | ||||||||||
Quarterly Analysis - Allocation (%) | 29% | 25% | 23% | 23% | 28% | 26% | 22% | 24% | ||||||||||||||||||
Contracts (MWavg) | Jan-20 | feb/20 | Mar-20 | apr/20 | may/20 | Jun-20 | Jul-20 | aug/20 | sep/20 | oct/20 | Nov-20 | dec/20 | 2020 | Jan-21 | feb/21 | Mar-21 | apr/21 | may/21 | Jun-21 | Jul-21 | aug/21 | sep/21 | oct/21 | Nov-21 | dec/21 | 2021 |
Energy Sold | 1090 | 1096 | 1102 | 1097 | 1151 | 1171 | 1177 | 1018 | 1045 | 1068 | 1067 | 1137 | 1,102 | 1,200 | 1,152 | 1,208 | 1,091 | 1,037 | 1,008 | 1,051 | 1,058 | 1,090 | 1,101 | 1,049 | 1,066 | 1,092 |
Quarterly Analysis - Volume (MWavg) | 1Q20 | 1096.0 | 2Q20 | 1139.8 | 3Q20 | 1080.4 | 4Q20 | 1090.9 | 1Q21 | 1187.8 | 2Q21 | 1045.2 | 3Q21 | 1066.1 | 4Q21 | 1072.3 | ||||||||||
Quarterly Analysis - Allocation (%) | 25% | 26% | 25% | 25% | 27% | 24% | 24% | 25% | ||||||||||||||||||
Energy Purchase | Jan-20 | feb/20 | Mar-20 | apr/20 | may/20 | Jun-20 | Jul-20 | aug/20 | sep/20 | oct/20 | Nov-20 | dec/20 | 2020 | Jan-21 | feb/21 | Mar-21 | apr/21 | may/21 | Jun-21 | Jul-21 | aug/21 | sep/21 | oct/21 | Nov-21 | dec/21 | 2021 |
Energy Purchase (MWm) | 209 | 153 | 170 | 285 | 368 | 447 | 462 | 353 | 358 | 352 | 389 | 318 | 317 | 408 | 345 | 327 | 292 | 288 | 310 | 418 | 429 | 481 | 418 | 367 | 367 | 371 |
Price (R$/MWh) | 235 | 211 | 213 | 166 | 151 | 166 | 185 | 213 | 210 | 226 | 269 | 224 | 204 | 215 | 202 | 205 | 180 | 190 | 207 | 260 | 277 | 301 | 270 | 243 | 243 | 239 |
Quarterly Analysis - Volume (MWavg) | 1Q20 | 178 | 2Q20 | 367 | 3Q20 | 392 | 4Q20 | 353 | 1Q21 | 361 | 2Q21 | 297 | 3Q21 | 442 | 4Q21 | 384 | ||||||||||
Quarterly Analysis - Price (R$/MWh) | 222 | 161 | 201 | 241 | 208 | 193 | 281 | 253 | ||||||||||||||||||
Energy Purchase Cost (R$ thousand) | 86,073 | 128,795 | 173,748 | 187,513 | 161,980 | 125,042 | 273,813 | 214,801 | ||||||||||||||||||
Notes: 2020 - balance published at 4Q20 earnings 2021 - balance published at 2Q21 earnings GSF weighted by Company's allocation since in 2020 and 2021, we followed the MRE Energy Puchase Cost considers only the data presented in the energy balance, considering the average price for the period and do not reflect the official data reported in the explanatory notes of the Company's Financial Statement |
2Q21 Energy Portfolio | |||||
Energy Available for Sales (MWavg) | 2021 | 2022 | 2023 | 2024 | 2025 |
Gross Physical Guarantee | 935 | 911 | 887 | 887 | 887 |
Net Physical Guarantee (internal loss of 2.5%) | 907 | 884 | 860 | 860 | 860 |
Note: Physical Guarantee composition - 2021 (Porto Primavera + Paraibuna), 2022 (Porto Primavera + Paraibuna until june), 2023 onwards (Porto Primavera) | |||||
Energy Sold (MWavg) | 2021 | 2022 | 2023 | 2024 | 2025 |
Regulated Market | 230 | 230 | 230 | 230 | 230 |
Free Market | 827 | 651 | 482 | 302 | 240 |
Total | 1,057 | 881 | 712 | 532 | 470 |
Contracting Level | 117% | 100% | 83% | 62% | 55% |
Average Price (R$/MWh) | 2021 | 2022 | 2023 | 2024 | 2025 |
Regulated Market | 255 | 255 | 255 | 255 | 255 |
Free Market | 227 | 241 | 207 | 178 | 182 |
Portfolio | 233 | 244 | 222 | 211 | 217 |
Indexes (% Total of Free Market) | 2021 | 2022 | 2023 | 2024 | 2025 |
IPCA | 56% | 72% | 63% | 47% | 34% |
US Dolars | 44% | 28% | 37% | 53% | 66% |
Total | 100% | 100% | 100% | 100% | 100% |
Client Portfolio (% Total of Free Market) | 2021 | 2022 | 2023 | 2024 | 2025 |
Commoditties - Industrial and Minera | 24% | 3% | - | 0.1% | 0.2% |
Cyclical consumption | 5% | 6% | - | - | - |
Utilities | 46% | 58% | 84% | 52% | 62% |
Hospital Equipments | 25% | 32% | - | 0.3% | - |
Banks | - | 1% | 12% | 32% | 28% |
Oil and gas | - | - | 2% | 3% | - |
Material, Machines and Equipments | - | - | 1% | 5% | 6% |
Automotive | - | - | - | 1% | 1% |
Non-cyclical consumption | - | - | 1% | 2% | 2% |
Agribusiness and food commoditties | - | - | - | 4% | 1% |
Total | 100% | 100% | 100% | 100% | 100% |
Contingent Liability | ||||||||
Classification (R$ million) | 1Q20 | 2Q20 | 3Q20 | 4Q20 | 2020 | 1Q21 | 2Q21 | 1H21 |
Probable | 1,890 | 1,783 | 1,859 | 1,748 | 1,748 | 1,606 | 1,644 | 1,644 |
Possible | 2,534 | 2,630 | 2,626 | 2,913 | 2,913 | 2,946 | 2,880 | 2,880 |
Remote | 7,284 | 6,537 | 6,841 | 5,549 | 5,549 | 5,814 | 6,048 | 6,048 |
Total | 11,708 | 10,950 | 11,326 | 10,211 | 10,211 | 10,367 | 10,572 | 10,572 |
Provision | 1,890 | 1,783 | 1,859 | 1,748 | 1,748 | 1,606 | 1,644 | 1,644 |
Quarter Variations (R$ million) | 1Q20 | 2Q20 | 3Q20 | 4Q20 | 2020 | 1Q21 | 2Q21 | 1H21 |
Movements, judgments and settlements | (155) | (1,006) | (123) | (1,598) | (2,882) | (255) | (246) | (501) |
Monetary correction | 457 | 249 | 499 | 483 | 1,688 | 411 | 452 | 862 |
Total | 303 | (757) | 376 | (1,115) | (1,194) | 156 | 205 | 361 |
Nature (R$ million) | 1Q20 | 2Q20 | 3Q20 | 4Q20 | 2020 | 1Q21 | 2Q21 | 1H21 |
Civil - General | 1,937 | 1,783 | 1,937 | 1,811 | 1,811 | 2,122 | 2,196 | 2,196 |
Civil - Fisherman | 3,864 | 2,887 | 3,090 | 3,284 | 3,284 | 2,875 | 3,036 | 3,036 |
Civil - Tile Companies | 4,300 | 4,576 | 4,773 | 3,400 | 3,400 | 3,545 | 3,679 | 3,679 |
Environmental | 814 | 828 | 736 | 939 | 939 | 1,053 | 941 | 941 |
Labor | 339 | 281 | 182 | 172 | 172 | 192 | 182 | 182 |
Tax | 453 | 597 | 607 | 604 | 604 | 580 | 537 | 537 |
Total | 11,708 | 10,950 | 11,326 | 10,211 | 10,211 | 10,367 | 10,572 | 10,572 |
Nature (%) | 1Q20 | 2Q20 | 3Q20 | 4Q20 | 2020 | 1Q21 | 2Q21 | 1H21 |
Civil - General | 16.5% | 16.3% | 17.1% | 17.7% | 17.7% | 20.5% | 20.8% | 20.8% |
Civil - Fisherman | 33.0% | 26.4% | 27.3% | 32.2% | 32.2% | 27.7% | 28.7% | 28.7% |
Civil - Tile Companies | 36.7% | 41.8% | 42.1% | 33.3% | 33.3% | 34.2% | 34.8% | 34.8% |
Environmental | 7.0% | 7.6% | 6.5% | 9.2% | 9.2% | 10.2% | 8.9% | 8.9% |
Labor | 2.9% | 2.6% | 1.6% | 1.7% | 1.7% | 1.8% | 1.7% | 1.7% |
Tax | 3.9% | 5.4% | 5.4% | 5.9% | 5.9% | 5.6% | 5.1% | 5.1% |
Total | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
Note: do not consider proforma presented in the earnings release |
Shareholder Remuneration History | ||||||||||||||
Fiscal Year | Earnings | Event-Date | Notice | Amount (R$) | ON - CESP3 (R$/share) | PNA - CESP5 (R$/share) | PNB - CESP6 (R$/share) | Payment Date | Record Date | ex-Date | Net Income (R$ thousand) | Payout | Dividend Yield | Prescrption |
2020 | Interest on Capital | OEGM 03/29/2021 | 12/16/2020 and 02/19/2020 | 150,000,563.58 | 0.426485490 | 1.824545190 | 0.426485490 | 4/15/21 | 12/21/20 | 12/22/20 | 1,728,762 | 49% | CESP3 = 9,3% CESP5 = 7,3% CESP6 = 9,0% | 4/15/24 |
Dividends | 02/19/2020 | 450,000,000.00 | 1.394549340 | 0.496008108 | 1.394549340 | 4/15/21 | 4/1/21 | 4/5/21 | 4/15/24 | |||||
250,164,714.84 | 0.775260084 | 0.275741615 | 0.775260084 | 9/15/21 | 9/15/24 | |||||||||
TOTAL | 850,165,278.42 | 2.596294914 | 2.596294913 | 2.596294914 | ||||||||||
2019 | Dividends | OEGM 03/30/2020 | 02/17/2020 | 409,375,136.25 | 1.250000000 | 1.2500000000 | 1.2500000000 | 4/22/20 | 4/2/20 | 4/3/20 | 1,163,014 | 52% | CESP3 = 5,7% CESP5 = 5,8% CESP6 = 5,8% | 4/22/23 |
196,504,808.80 | 0.600014000 | 0.6000140000 | 0.6000140000 | 10/22/20 | 4/22/23 | |||||||||
TOTAL | 605,879,945.05 | 1.850014000 | 1.8500140000 | 1.8500140000 | ||||||||||
2018 | Dividends | OEGM 04/29/2019 | 04/29/2019 | 297,300,487.20 | 0.8866341297 | 1.8245451888 | 0.8866341297 | 5/15/19 | 4/29/19 | 4/30/19 | 294,433 | 101% | CESP3 = 4,2% CESP5 = 9,1% CESP6 = 4,1% | 5/15/22 |
TOTAL | 297,300,487.20 | 0.8866341297 | 1.8245451888 | 0.8866341297 | ||||||||||
2017 | Dividends | OEGM 04/24/2018 | 04/24/2018 and 06/12/2018 | 25,680,351.43 | 0.0380511893 | 1.8245449200 | 0.0380511893 | 6/28/18 | 4/30/18 | 5/2/18 | - 168,528 | - | CESP3 = 0,3% CESP5 = 9,1% CESP6 = 0,3% | Prescrito |
TOTAL | 25,680,351.43 | 0.0380511893 | 1.8245449200 | 0.0380511893 | ||||||||||
2016 | Interest on Capital | Board Meeting 11/08/2016 | 11/11/2016 and 11/24/2016 | 140,000,000.00 | 0.3951845200 | 1.8245449400 | 0.3951845200 | 12/2/16 | 11/22/16 | 11/23/16 | 350,874 | 84% | CESP3 = 7,0% CESP5 = 9,5% CESP6 = 6,5% | Prescrito |
Dividends | OEGM 04/26/2017 | 04/26/2017 and 06/21/2017 | 154,834,334.88 | 0.4837007724 | - 0 | 0.4837007724 | 6/30/17 | 5/2/17 | 5/3/17 | Prescrito | ||||
TOTAL | 294,834,334.88 | 0.8788852924 | 1.8245449400 | 0.8788852924 | ||||||||||
2015 | Dividends | OEGM 04/26/2016 | 04/26/2016 and 06/22/2016 | 41,325,874.50 | 0.0867002332 | 1.824544942 | 0.0867002332 | 6/30/16 | 4/29/16 | 5/2/16 | - 61,357 | - | CESP3 = 0,9% CESP5 = 0,6% CESP6 = 20,2% | Prescrito |
TOTAL | 41,325,874.50 | 0.0867002332 | 1.8245449420 | 0.0867002332 | ||||||||||
2014 | Interest on Capital | Board Meeting 08/12/2014 | 08/15/2014 and 09/24/2014 | 193,000,000.00 | 0.5599190695 | 1.8245449418 | 0.5599190695 | 9/30/14 | 8/18/14 | 8/19/14 | 560,139 | 317% | CESP3 = 24,2% CESP5 = 21,5% CESP6 = 20,2% | Prescrito |
Dividends | Board Meeting 04/27/2015 | 04/27/2015 and 05/21/2015 | 790,097,901.83 | 2.4418820800 | 1.1772562100 | 2.4418820800 | 5/19/15 | 4/29/15 | 4/30/15 | Prescrito | ||||
04/27/2015 and 09/21/2015 | 790,097,901.83 | 2.4124929900 | 2.4124929900 | 2.4124929900 | 9/30/15 | Prescrito | ||||||||
TOTAL | 1,773,195,803.66 | 5.4142941395 | 5.4142941418 | 5.4142941395 | ||||||||||
2013 | Interest on Capital | Board Meeting 05/07/2013 | 05/09/2013 and 07/19/2013 | 111,000,000.00 | 0.3031458608 | 1.8245449417 | 0.3031458608 | 7/26/13 | 5/10/13 | 5/13/13 | - 195,346 | - | CESP3 = 16,0% CESP5 = 14,4% CESP6 = 14,2% | Prescrito |
Board Meeting 08/13/2013 | 08/14/2013 and 10/23/2013 | 85,000,000.00 | 0.2657911635 | - 0 | 0.2657911635 | 10/31/13 | 8/16/13 | 8/19/13 | Prescrito | |||||
Dividends | OEGM 04/25/2014 | 04/25/2014 and 06/24/2014 | 401,543,345.44 | 1.2556079174 | - 0 | 1.2556079174 | 6/30/14 | 4/29/14 | 4/30/14 | Prescrito | ||||
04/25/2014 and 11/19/2014 | 446,533,431.75 | 1.3634497321 | 1.3634497321 | 1.3634497321 | 11/28/14 | Prescrito | ||||||||
TOTAL | 1,044,076,777.19 | 3.1879946738 | 3.1879946738 | 3.1879946738 | ||||||||||
2012 | Interest on Capital | Board Meeting 05/08/2012 | 05/09/2012 and 07/13/2012 | 75,000,000.00 | 0.1884430173 | 1.824544941 | 0.1884430173 | 7/19/12 | 5/9/12 | 5/10/12 | 504,298 | 77% | CESP3 = 7,0% CESP5 = 9,8% CESP6 = 6,0% | Prescrito |
Board Meeting 07/08/2012 | 08/08/2012 and 22/10/2012 | 40,000,000.00 | 0.1250781946 | - 0 | 0.1250781946 | 10/26/12 | 8/8/12 | 8/9/12 | Prescrito | |||||
Dividends | OEGM 04/24/2013 | 04/24/2013 and 11/22/2013 | 271,171,487.08 | 0.8479410010 | - 0 | 0.8479410010 | 11/29/13 | 4/26/13 | 4/29/13 | Prescrito | ||||
TOTAL | 386,171,487.08 | 1.1614622129 | 1.8245449414 | 1.1614622129 | ||||||||||
2011 | Interest on Capital | Board Meeting 05/05/2011 | 05/06/2011 and 07/12/2011 | 25,000,000.00 | 0.031891227 | 1.824544941 | 0.031891227 | 7/20/11 | 5/6/11 | 5/9/11 | 108,581 | 429% | CESP3 = 5,2% CESP5 = 5,4% CESP6 = 4,3% | Prescrito |
Board Meeting 08/04/2011 | 08/08/2011 and 10/18/2011 | 50,000,000.00 | 0.156551790 | - 0 | 0.156551790 | 10/21/11 | 8/8/11 | 8/9/11 | Prescrito | |||||
Dividends | OEGM 04/24/2012 | 04/25/2012 and 06/19/2012 and 09/19/2012 | 160,000,000.00 | 0.500965729 | - 0 | 0.500965729 | 6/26/12 | 4/25/12 | 4/26/12 | Prescrito | ||||
230,404,808.18 | 0.721405704 | - 0 | 0.721405704 | 9/26/12 | Prescrito | |||||||||
TOTAL | 465,404,808.18 | 1.410814450 | 1.824544941 | 1.410814450 | ||||||||||
2010 | Interest on Capital | Board Meeting 05/11/2010 | 05/11/2010 and 06/30/2010 | 25,000,000.00 | 0.031891227 | 1.824544941 | 0.031891227 | 7/8/10 | 5/11/10 | 5/12/10 | 93,042 | 257% | CESP3 = 3,2% CESP5 = 7,6% CESP6 = 2,6% | Prescrito |
Board Meeting 08/10/2010 | 08/12/2010 and 10/01/2010 | 25,000,000.00 | 0.078275895 | - 0 | 0.078275895 | 10/8/10 | 8/12/10 | 8/13/10 | Prescrito | |||||
Board Meeting 11/12/2010 | 11/16/2010 and 12/10/2010 | 25,000,000.00 | 0.078275895 | - 0 | 0.078275895 | 12/21/10 | 11/16/10 | 11/17/10 | Prescrito | |||||
Dividends | OEGM 04/29/2011 | 05/02/2011 and 09/20/2011 | 164,440,036.61 | 0.514867643 | - 0 | 0.514867643 | 9/23/11 | 5/2/11 | 4/3/11 | Prescrito | ||||
TOTAL | 239,440,036.61 | 0.703310660 | 1.824544941 | 0.703310660 | ||||||||||
2009 | Interest on Capital | Board Meeting 05/12/2009 | 05/14/2009 and 06/09/2009 | 30,000,000.00 | 0.047546406 | 1.824544941 | 0.047546406 | 6/16/09 | 5/14/09 | 5/15/09 | 762,713 | 19% | CESP3 = 2,1% CESP5 = 6,7% CESP6 = 1,7% | Prescrito |
Board Meeting 08/11/2009 | 08/13/2009 and 10/02/2009 | 45,000,000.00 | 0.140896611 | - 0 | 0.140896611 | 10/9/09 | 8/13/09 | 8/14/09 | Prescrito | |||||
Board Meeting 11/10/2009 | 11/11/2009 and 12/28/2009 | 35,000,000.00 | 0.109586253 | - 0 | 0.109586253 | 1/8/10 | 11/11/09 | 11/12/09 | Prescrito | |||||
Dividends | OEGM 04/30/2010 | 04/30/2010 and 06/22/2010 | 34,618,036.60 | 0.108390312 | - 0 | 0.108390312 | 6/30/10 | 4/30/10 | 5/3/10 | Prescrito | ||||
TOTAL | 144,618,036.60 | 0.406419582 | 1.824544941 | 0.406419582 | ||||||||||
2008 | Interest on Capital | Board Meeting 05/09/2008 | 05/13/2008 | 20,500,000.00 | 0.0178015660 | 1.8245449410 | 0.0178015660 | 7/8/08 | 5/13/08 | 5/14/08 | - 2,351,639 | - | CESP3 = 1,4% CESP5 = 14,9% CESP6 = 1,0% | Prescrito |
Board Meeting 08/08/2008 | 08/12/2008 and 09/02/2008 | 45,000,000.00 | 0.1374034590 | 0.1374034590 | 0.1374034590 | 9/5/08 | 8/12/08 | 8/13/08 | Prescrito | |||||
TOTAL | 65,500,000.00 | 0.1552050250 | 1.9619484000 | 0.1552050250 |
Attachments
- Original document
- Permalink
Disclaimer
CESP – Companhia Energética de São Paulo published this content on 29 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 July 2021 08:18:09 UTC.