← COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO-SABESP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Net Income | — | — | — | — | — | — | $3.1b | $3.5b | $9.6b | $8.5b | |
| Net Income From Continuing Operations | — | — | — | — | — | — | $4.3b | $4.8b | $13.6b | $11.7b | |
| Other Adjustments To Reconcile Profit Loss | $24.4m | $92.5m | $33.3m | $5.9m | $5.3m | $15.2m | $15.5m | $22.0m | $108.9m | — | |
| Depreciation & Amortization (CF) | $1.1b | $1.3b | $1.4b | $1.8b | $2.0b | $2.3b | $2.5b | $2.8b | $2.7b | $2.2b | |
| Amortization | — | — | — | — | — | — | ($1.5b) | ($1.8b) | ($2.2b) | ($4.3b) | |
| Depreciation | — | — | — | — | — | — | — | — | — | $47.6m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $2.5b | $2.8b | $2.7b | $2.2b | |
| Asset Impairment Charge | — | — | — | — | — | — | $792.2m | $661.3m | $729.0m | $224.2m | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | — | ($24.6m) | ($32.4m) | ($35.3m) | ($48.2m) | |
| Additional Financial Items | |||||||||||
| Adjustments For Decrease Increase In Trade Account Receivable | ($34.7m) | ($42.2m) | ($71.7m) | ($72.5m) | ($213.1m) | ($742.3m) | ($489.9m) | ($835.3m) | ($442.3m) | — | |
| Adjustments For Finance Costs | $449.5m | $426.8m | $563.9m | $568.7m | $559.9m | $648.0m | $1.1b | $1.3b | $1.7b | — | |
| Adjustments For Increase Decrease In Trade Account Payable | $6.4m | ($180.4m) | ($176.8m) | ($349.0m) | ($248.4m) | ($245.5m) | ($220.5m) | ($394.2m) | ($437.7m) | — | |
| Payments Of Lease Liabilities Classified As Financing Activities | — | — | — | $548.1m | $543.3m | $579.5m | $590.2m | $673.6m | $569.7m | — | |
| Proceeds From Borrowings Classified As Financing Activities | $1.3b | $1.0b | $1.6b | $1.8b | $4.8b | $2.9b | $2.8b | $2.4b | — | — | |
| Purchase Of Intangible Assets Classified As Investing Activities | $2.1b | $2.0b | $2.1b | $3.2b | $3.3b | $3.7b | $3.6b | $4.0b | $7.9b | — | |
| Repayments Of Borrowings Classified As Financing Activities | $1.5b | $1.1b | $1.7b | $2.1b | $3.2b | $2.9b | $1.5b | $1.8b | — | — | |
| Profit before income and social contribution taxes | — | — | — | — | $1.3b | $3.2b | $4.3b | $4.8b | $13.6b | $11.7b | |
| Gain/Loss on Asset Sales (CF) | $15.2m | $24.9m | $25.0m | $45.4m | $16.6m | $27.8m | $10.1m | $8.4m | $171.2m | $162.1m | |
| Allowance for doubtful accounts | — | — | — | — | — | — | — | $652.9m | $557.8m | $62.1m | |
| Provisions and inflation adjustments on provisions | $276.7m | $185.1m | $111.9m | $384.6m | $444.1m | $380.6m | $630.7m | $458.9m | $801.2m | ($241.1m) | |
| Inflation adjustment and exchange gains (losses) on borrowings and financing | ($969.4m) | $159.1m | $982.1m | $280.5m | $2.3b | $177.3m | ($301.7m) | ($163.3m) | $659.5m | — | |
| Interest and inflation adjustments, net | — | — | — | — | — | — | ($377.8m) | ($79.2m) | ($237.6m) | ($2.8b) | |
| Derivative Financial Instruments | — | — | — | — | — | — | — | — | ($300.2m) | $123.9m | |
| Financial Charges from Customers | ($207.8m) | ($193.7m) | ($289.3m) | ($364.3m) | ($344.5m) | ($349.5m) | ($328.5m) | ($374.9m) | ($437.8m) | ($421.0m) | |
| Construction Margin on Intangible Assets arising from Concession Agreements | ($81.5m) | ($70.3m) | ($63.0m) | ($65.2m) | ($86.5m) | ($98.4m) | ($109.4m) | ($125.6m) | ($140.0m) | — | |
| Provision for Consent Decree (TAC), Knowledge Retention Program (KRP) and Incentivized Dismissal Program (IDP) and Voluntary Dismissal Program (VDP) | — | — | $80.2m | ($130.3m) | $1.7m | $3.2m | ($1.2m) | $356.3m | $354.1m | $105.2m | |
| Equity Accounting | ($4.7m) | ($5.8m) | ($6.5m) | ($3.7m) | ($14.1m) | ($22.1m) | ($24.6m) | ($32.4m) | ($35.3m) | ($48.2m) | |
| Interest and inflation adjustment (PPP) | — | — | — | — | — | — | — | $1.0b | $589.3m | $500.0m | |
| Municipal Transfers | — | — | — | — | $142.2m | $131.9m | $167.7m | $195.9m | $309.8m | $595.0m | |
| Pension plan obligations | $377.9m | $304.5m | $243.6m | $267.4m | $136.6m | $176.7m | ($239.2m) | ($249.5m) | ($227.2m) | ($267.2m) | |
| Deferred PIS and Cofins on financial asset of the concession | — | — | — | — | — | — | — | — | $822.5m | $179.1m | |
| Financial Asset of the concession – inflation adjustment | — | — | — | — | — | — | — | — | ($9.2b) | ($1.7b) | |
| Trade receivables | ($34.7m) | ($42.2m) | ($71.7m) | ($72.5m) | ($213.1m) | ($742.3m) | ($489.9m) | ($835.3m) | ($442.3m) | $1.5b | |
| Inventories | $7.2m | ($27.6m) | $20.1m | ($4.9m) | ($34.4m) | ($8.7m) | ($10.7m) | $38.2m | ($13.8m) | $24.2m | |
| Taxes Recoverable | $35.2m | ($234.0m) | ($104.1m) | $239.4m | ($342.1m) | ($253.4m) | $33.2m | ($251.7m) | ($306.2m) | $153.1m | |
| Escrow Deposits | $33.2m | ($32.2m) | ($1.6m) | ($12.3m) | $35.6m | $43.9m | $5.3m | $72.5m | $50.5m | $19.2m | |
| Other assets | — | — | — | — | ($36.3m) | $31.4m | $18.3m | $36.1m | ($2.7m) | $122.6m | |
| Trade payables and contractors | $6.4m | ($180.4m) | ($176.8m) | ($349.0m) | ($248.4m) | ($245.5m) | ($220.5m) | ($394.2m) | ($437.7m) | ($1.1b) | |
| Services payable | $72.8m | ($51.8m) | ($90.0m) | ($115.0m) | ($162.6m) | ($116.6m) | $86.5m | ($168.4m) | $378.0m | $738.9m | |
| Labor and social obligations | — | — | — | — | — | — | — | $19.4m | $78.0m | ($701.1m) | |
| Taxes and contributions payable | ($90.3m) | $16.0m | ($4.8m) | $63.3m | $384.7m | $196.3m | $120.9m | $186.8m | $265.2m | ($522.8m) | |
| Deferred PIS/Cofins | $5.2m | ($7.9m) | $10.6m | $2.9m | $5.8m | $10.0m | $267k | $4.4m | $131.2m | ($15.9m) | |
| Provisions | ($185.8m) | ($280.0m) | ($297.3m) | ($241.7m) | ($227.6m) | ($184.4m) | ($468.4m) | ($243.2m) | ($185.9m) | ($297.1m) | |
| Other liabilities | $17.8m | ($16.7m) | $122.2m | ($92.6m) | ($13.3m) | ($68.3m) | ($722.5m) | ($868.7m) | ($335.7m) | $1.9m | |
| Cash generated from operations | $4.8b | $4.9b | $5.5b | $6.2b | $6.0b | $6.0b | $6.8b | $8.4b | $11.1b | $13.6b | |
| Financial investments - Investment | — | — | $0 | $0 | ($3.4b) | $1.1b | $755.5m | ($742.8m) | ($6.5b) | ($32.8b) | |
| Financial investments - Redemption | — | — | — | — | — | — | $1.2b | $817.0m | $5.3b | $30.8b | |
| Capital increase in investees | — | — | — | — | — | — | ($648k) | ($6.6m) | ($40.2m) | ($16.4m) | |
| Net cash used in investment activities | ($2.1b) | ($2.0b) | ($2.2b) | ($3.3b) | ($6.8b) | ($2.7b) | ($2.9b) | ($4.9b) | ($10.0b) | ($15.7b) | |
| Funding | — | — | — | — | — | — | $2.8b | $2.4b | $6.9b | $18.3b | |
| Payment of interest on capital | ($139.4m) | ($765.9m) | ($653.4m) | ($740.0m) | ($890.1m) | ($254.2m) | ($603.5m) | ($823.7m) | ($928.9m) | ($2.4b) | |
| Public-Private Partnership - PPP | ($30.5m) | ($31.8m) | ($178.3m) | ($548.1m) | ($543.3m) | ($579.5m) | ($590.2m) | ($673.6m) | ($569.7m) | ($480.5m) | |
| Program Contract Commitments | ($171.2m) | ($44.9m) | ($31.6m) | ($63.1m) | ($166.3m) | ($121.5m) | ($16.3m) | ($81.4m) | ($35.5m) | — | |
| Derivative financial instruments - Paid/received | — | — | — | — | — | — | — | — | $324.8m | ($397.4m) | |
| Beginning Cash Position | — | — | — | — | — | — | $717.9m | $1.9b | $838.5m | $1.7b | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $60.3m | ($977.8m) | $3.4b | $10.3b | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($2.9b) | ($4.9b) | ($10.0b) | ($15.7b) | |
| Change In Account Payable | — | — | — | — | — | — | ($220.5m) | ($394.2m) | ($437.7m) | ($1.1b) | |
| Change In Accrued Expense | — | — | — | — | — | — | $73.1m | $19.4m | $78.0m | ($701.1m) | |
| Change In Income Tax Payable | — | — | — | — | — | — | $120.9m | $186.8m | $265.2m | ($522.8m) | |
| Change In Inventory | — | — | — | — | — | — | ($10.7m) | $38.2m | ($13.8m) | $24.2m | |
| Change In Other Current Assets | — | — | — | — | — | — | $18.3m | $36.1m | ($2.7m) | $122.6m | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($722.5m) | ($868.7m) | ($335.7m) | $1.9m | |
| Change In Other Working Capital | — | — | — | — | — | — | ($702.0m) | ($415.9m) | ($231.4m) | ($561.0m) | |
| Change In Payable | — | — | — | — | — | — | ($13.1m) | ($375.8m) | $205.5m | ($866.7m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $60.0m | ($356.4m) | $283.4m | ($1.6b) | |
| Change In Receivables | — | — | — | — | — | — | ($751.8m) | ($1.1b) | ($773.9m) | $1.9b | |
| Change In Tax Payable | — | — | — | — | — | — | $120.9m | $186.8m | $265.2m | ($522.8m) | |
| Change In Working Capital | — | — | — | — | — | — | ($2.1b) | ($2.7b) | ($1.1b) | ($102.0m) | |
| Changes In Account Receivables | — | — | — | — | — | — | ($785.0m) | ($839.9m) | ($467.7m) | $1.7b | |
| Changes In Cash | — | — | — | — | — | — | $1.1b | ($1.0b) | $844.1m | $3.0b | |
| End Cash Position | — | — | — | — | — | — | $1.9b | $838.5m | $1.7b | $4.7b | |
| Financing Cash Flow | — | — | — | — | — | — | $60.3m | ($977.8m) | $3.4b | $10.3b | |
| Free Cash Flow | — | — | — | — | — | — | $3.9b | $715.8m | ($626.1m) | ($5.4b) | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | — | — | ($300.2m) | $123.9m | |
| Investing Cash Flow | — | — | — | — | — | — | ($2.9b) | ($4.9b) | ($10.0b) | ($15.7b) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $0 | $811k | $0 | $0 | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | $177.3m | ($301.7m) | — | — | — | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($73.7m) | ($4.1b) | ($8.0b) | ($13.7b) | |
| Operating Gains Losses | — | — | — | — | — | — | $158.7m | $206.4m | ($174.0m) | $251.5m | |
| Other Non Cash Items | — | — | — | — | — | — | $646.6m | $1.8b | ($5.8b) | ($572.6m) | |
| Pension And Employee Benefit Expense | — | — | — | — | — | — | $183.3m | $238.8m | $161.5m | $175.8m | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $629.5m | $815.2m | $1.2b | ($135.9m) | |
| Purchase Of PPE | — | $18.9m | $50.6m | $78.2m | $42.4m | $50.3m | ($73.7m) | ($4.1b) | ($8.0b) | ($13.7b) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | — | $0 | $0 | ($475.4m) | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | — | $0 | $0 | $34.4m | — | |
| Profit or Loss | $2.9b | $2.5b | $2.8b | $3.4b | $973.3m | $2.3b | $3.1b | $3.5b | $9.6b | — | |
| Total Adjustments | $4.9b | $5.9b | $6.3b | $6.8b | $7.1b | $7.5b | $9.0b | $11.0b | $12.2b | $13.7b | |
| Acquisition of contract assets, intangible assets and property, plant and equipment | ($2.1b) | ($2.0b) | ($2.1b) | ($3.2b) | ($3.3b) | ($3.7b) | ($3.6b) | ($4.0b) | ($7.9b) | ($13.7b) | |
| Capital Expenditure | — | — | — | — | — | — | ($73.7m) | ($4.1b) | ($8.0b) | ($13.7b) | |
| Net Investment Properties Purchase And Sale | — | — | — | — | — | $0 | ($648k) | ($6.6m) | — | — | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | $754.9m | ($749.5m) | ($2.0b) | ($2.0b) | |
| Purchase Of Investment | — | — | — | — | — | — | ($426.8m) | ($1.6b) | ($7.3b) | ($32.8b) | |
| Purchase Of Investment Properties | — | — | — | — | — | $0 | ($648k) | — | — | — | |
| Sale Of Investment | — | — | — | — | — | — | $1.2b | $817.0m | $5.3b | $30.8b | |
| Net Other Investing Changes | — | — | — | — | — | — | ($3.6b) | ($17.5m) | $17.2m | ($27.5m) | |
| Cash flows from financing activities: | |||||||||||
| Issuance Of Debt | — | — | — | — | — | — | $2.8b | $2.4b | $6.9b | $18.3b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $2.8b | $2.4b | $6.9b | $18.3b | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $1.3b | $600.0m | $4.6b | $14.0b | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $1.3b | $600.0m | $4.6b | $14.0b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($1.5b) | ($1.8b) | ($2.2b) | ($4.3b) | |
| Repayment Of Debt | — | — | — | — | — | — | ($1.5b) | ($1.8b) | ($2.2b) | ($4.3b) | |
| Common Stock Issuance | — | — | — | — | — | — | $0 | $811k | $0 | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | — | $0 | $811k | $0 | ($475.4m) | |
| Common Stock Payments | — | — | — | — | — | — | — | $0 | $0 | ($475.4m) | |
| Dividends paid | — | — | — | — | — | — | — | — | $719 | — | |
| Dividends Paid Classified As Financing Activities | $139 | $766 | $653 | $740 | $890 | $254 | $604 | $824 | $929 | — | |
| Dividends Paid Ordinary Shares Per Share | $1.20 | $1.03 | $1.16 | $1.38 | $0.40 | $0.94 | $1.28 | $1.44 | $3.33 | — | |
| Dividends Recognised As Distributions To Owners Of Parent Relating To Current Year | $0 | $0 | $0 | $0 | $0 | — | — | — | — | — | |
| Dividends received | $0 | $0 | $8.1m | $0 | $0 | — | — | — | — | $16.9m | |
| Cash Dividends Paid | — | — | — | — | — | — | $0 | $0 | $0 | $0 | |
| Dividends Received CFI | — | — | — | — | — | — | — | $0 | $0 | $16.9m | |
| Net Other Financing Charges | — | — | — | — | — | — | ($606.5m) | ($755.0m) | ($280.4m) | ($877.9m) | |
| Net cash generated from (used in) financing activities | ($625.9m) | ($933.6m) | ($907.5m) | ($1.7b) | ($66.3m) | ($929.0m) | $60.3m | ($977.8m) | $3.4b | $10.3b | |
| Increase / (decrease) in cash and cash equivalents in the year | $247.0m | $396.8m | $746.1m | ($776.0m) | ($1.9b) | $321.5m | $1.1b | ($1.0b) | $844.1m | $3.0b | |
| Restricted cash | $5.1m | $5.3m | ($13.1m) | $5.9m | ($9.7m) | $7.3m | ($9.0m) | ($17.5m) | $17.2m | ($27.5m) | |
| Cash and cash equivalents at the beginning of the year | $1.9b | $2.3b | $3.0b | $2.3b | $396.4m | $717.9m | $1.9b | $838.5m | $1.7b | $4.7b | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $1.1b | ($1.0b) | $844.1m | $3.0b | |
| Interest Paid Classified As Operating Activities | ($739.9m) | ($676.1m) | ($732.0m) | ($737.3m) | ($626.6m) | ($845.4m) | $1.5b | $1.9b | $2.0b | ($2.7b) | |
| Income Taxes Paid Refund Classified As Operating Activities | ($1.0b) | ($932.1m) | ($888.1m) | ($1.2b) | ($373.1m) | ($1.2b) | $1.4b | $1.6b | $1.8b | ($2.5b) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.