← ENERGY CO OF MINAS GERAIS

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $18.8b $21.7b $22.3b $25.4b $25.2b $33.6b $34.5b $36.9b $39.8b $42.8b
Cost of Goods and Services Sold $14.4b $17.5b $17.7b $19.6b $19.8b $26.9b $27.7b $28.5b $31.7b $33.7b
Gross Profit $4.3b $4.2b $4.6b $5.8b $5.4b $6.7b $6.8b $8.4b $8.2b $7.2b
Operating expenses:
Additional Financial Items
Applicable Tax Rate — $0 $0 $0 $0 — $0 $0 $0 —
Average Effective Tax Rate $0 $0 $0 $0 $0 $0 $0 $0 $0 —
Current income tax and social contribution tax — ($446.0m) ($583.0m) ($1.5b) ($684.0m) ($1.2b) ($950.0m) ($943.0m) ($1.5b) ($562.0m)
Deferred income tax and social contribution tax $141.0m ($198.0m) ($16.0m) ($111.0m) ($252.0m) $210.0m $924.0m ($141.0m) ($744.0m) ($209.0m)
Depreciation Right of Use Assets — — — $76.0m ($6.0m) ($49.0m) $54.0m $49.0m $58.0m —
Equity holders of the parent — $1.0b $1.7b $3.1b $2.9b $3.8b $4.1b $5.8b $7.1b $4.9b
Expected credit loss — — — — — — — ($175.0m) ($175.0m) ($161.0m)
Finance Income $1.0b $804.0m $1.7b $3.2b $2.4b $844.0m $1.5b $1.3b $1.4b $982.0m
Impairment Loss Recognised In Profit Or Loss Intangible Assets Other Than Goodwill $736.0m — — — — — — — — —
Non-controlling interests — $1.0m $42.0m $1.0m $1.0m $2.0m $2.0m $3.0m $2.0m $2.0m
Other revenues — — — — — — $57.0m $327.0m $3.2b $174.0m
Profit Loss Attributable To Noncontrolling Interests — $1.0m $42.0m $1.0m $1.0m $2.0m $2.0m $3.0m $2.0m $2.0m
Profit Loss Attributable To Owners Of Parent $334.0m $1.0b $1.7b $3.1b $2.9b ($3.8b) $4.1b $5.8b $7.1b —
Profit Loss Before Tax $367.0m $1.6b $2.0b $4.5b $3.8b $4.7b $4.1b $6.9b $9.4b $5.7b
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method ($302.0m) ($252.0m) ($104.0m) $125.0m $357.0m $182.0m $843.0m $432.0m $224.0m $201.0m
Share of profit of equity-accounted investees and joint ventures, net of tax ($302.0m) ($252.0m) ($104.0m) $125.0m $357.0m $182.0m $843.0m $432.0m $224.0m $201.0m
Net Foreign Exchange Loss $35.0m $73.0m $582.0m $226.0m $1.7b ($353.0m) — — $464.0m —
Income before income tax and social contribution tax $367.0m $1.6b $2.0b $4.5b $3.8b $4.7b $4.1b $6.9b $9.4b $5.7b
NET INCOME FOR THE YEAR $1.0b $1.7b $3.1b $2.9b $3.8b $4.1b $5.8b $7.1b $4.9b
Basic earnings (loss) per share — — — — — $3.40 $3.72 $5.24 $2.49 $3.46
Diluted earnings (loss) per share — — — — — $3.40 $3.72 $5.24 $4.98 $3.46
Administrative Expense $25.0m $26.0m $28.0m $30.0m $30.0m $32.0m — — — —
Cost of energy and gas — — — — ($14.9b) ($21.4b) ($20.0b) ($19.8b) ($22.0b) ($23.7b)
Costs of operation — — — — ($3.3b) ($3.4b) ($4.1b) ($4.6b) ($4.7b) ($5.7b)
Current Tax Expense (Income) $174.0m $446.0m $583.0m $1.5b $684.0m $1.2b $950.0m $943.0m $1.5b —
Deferred Tax Expense (Income) ($141.0m) $198.0m $16.0m $111.0m $252.0m ($210.0m) ($924.0m) $141.0m $744.0m —
Deferred Tax Expense (Income) Recognised In Profit Or Loss $141.0m ($198.0m) ($16.0m) ($111.0m) ($252.0m) $210.0m $924.0m ($141.0m) ($744.0m) ($209.0m)
Depreciation And Amortisation Expense $802.0m $787.0m $761.0m $815.0m $865.0m $947.0m — — $1.4b —
Donations And Subsidies Expense $17.0m $19.0m $22.0m $40.0m $22.0m $27.0m — — — —
Expense From Share-Based Payment Transactions With Employees $7.0m $5.0m $77.0m $263.0m $142.0m $134.0m $83.0m $157.0m $172.0m —
Finance Costs $2.5b $1.8b $2.2b $1.8b $3.4b $3.1b $3.1b $1.7b $2.0b —
Finance expenses — ($1.8b) ($2.2b) ($1.8b) ($3.4b) ($3.1b) ($3.1b) ($1.7b) ($2.0b) ($2.1b)
General and Administrative Expense — — — — — — — — $820.0m —
General and administrative expenses — ($763.0m) ($672.0m) ($642.0m) ($583.0m) ($572.0m) ($789.0m) ($707.0m) ($820.0m) ($827.0m)
Income Tax Expense Continuing Operations $33.0m $644.0m $599.0m $1.6b $936.0m ($946.0m) ($26.0m) $1.1b $2.2b —
Income before financial revenue expenses and taxes, Total — — — — — $7.0b $5.7b $7.2b $9.9b $6.7b
Income tax expense — — — — — ($946.0m) ($26.0m) ($1.1b) ($2.2b) ($771.0m)
Infrastructure and construction cost — — — — ($1.6b) ($2.0b) ($3.5b) ($4.1b) ($5.0b) ($6.1b)
Interest Expense On Lease Liabilities — — — $36.0m $29.0m $27.0m $29.0m $38.0m $28.0m —
Net finance expenses — — — — — — ($1.6b) ($379.0m) ($521.0m) ($1.1b)
Other Finance Cost $154.0m $139.0m $107.0m $83.0m $71.0m ($86.0m) — — — —
Other Operating Income Expense ($420.0m) $34.0m ($640.0m) ($1.1b) ($749.0m) ($453.0m) ($1.1b) ($1.0b) ($701.0m) $125.0m
Other expenses ($420.0m) $34.0m ($640.0m) ($1.1b) ($749.0m) ($453.0m) ($1.1b) ($1.0b) ($701.0m) $125.0m
Postemployment Benefit Expense Defined Contribution Plans $103.0m $65.0m $68.0m $56.0m $53.0m ($70.0m) $40.0m $20.0m $4.0m —
Research And Development Expense $234.0m $233.0m $225.0m $199.0m $225.0m — — $6.0m $3.0m —
Selling Expense — — — — — — — — $175.0m —
TOTAL COST ($17.5b) ($17.7b) ($19.6b) ($19.8b) ($26.9b) ($27.7b) ($28.5b) ($31.7b) ($35.5b)
Total expenses — — — ($2.9b) ($1.6b) ($1.3b) ($2.0b) ($1.6b) $1.5b ($689.0m)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.