SEC Form 6-K filed by Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
São Paulo, S.P., 05429-900
Federative Republic of Brazil
annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F ______
in paper as permitted by Regulation S-T Rule 101(b)(1)__.
in paper as permitted by Regulation S-T Rule 101(b)(7)__.
Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under
the Securities Exchange Act of 1934.
Yes ______ No ___X___
registrant in connection with Rule 12g3-2(b):
March 16, 2026
| · | FY25 EPS of R$12.37 versus R$14,02 in FY24. Excluding the effect of the financial asset FY25 EPS was R$10.90 vs R$6.00 in FY24; |
| · | R$4.8 bn Capex in 4Q25 aimed at universal access and R$15.2 bn in FY25; |
| · | 97,000 net incremental connections versus FY24. |
SÃO PAULO, SP – Sabesp (SBSP3) reported adjusted earnings of R$3.93 per share in the 4Q25, compared to R$2.10 per share in the same period of the previous year.
“2025 was a year marked by ramp-up in capex deployment, capital structure and allocation discipline, and continued progress towards best-in-class operational efficiency. We invested R$15.2 bn, more than double the amount invested in 2024, and closed the year with Adj EBITDA of R$13.2 bn (+17% y/y) and Net Income¹ of R$6.3 bn (+22% y/y), results that reflect the aggregate effect of our efficiency plan.
In 4Q25, we kept pace and achieved important milestones where (i) collection rate reached 100.2%, (ii) costs declined by (11%) y/y, and (iii) volume grew by 3.0%, resulting in an Adj EBITDA of R$3.4 bn (+13% versus 4Q24) and Net Income¹ of R$1.9 bn,” said Daniel Szlak, CFO of Sabesp.
“More importantly, we´ve expanded the access to sanitation, meeting all U-Factor units incremental targets for 2024-25 one month ahead of schedule and brought water to 1,8 mn people and sewage to 3,8 mn people in that period. The magnitude of our investments also boosted the economy in the communities in which we operate, creating around 40,000 direct and indirect jobs.
As the largest sanitation company in the Southern Hemisphere, we remain committed to an agenda that combines top-notch infrastructure investment, operational excellence and sustainability in our communities. We enter 2026 with even stronger foundations to accelerate this movement,” said Carlos Piani, CEO of Sabesp.
Consolidated Results
For the quarter-ended December 31, 2025, Sabesp reported adjusted earnings per share of R$3.93 compared to R$2.10 recorded in the same period of the previous year. Performance was driven by volume growth resulting from new connections (U-Factor targets fully attained), tariff gains and better collection, partially offset by the change in customer mix, with the expansion of connections with access to subsidized rates².
The quarter maintained the momentum of efficiency gains, with reductions in general and administrative expenses, headcount reduction, power optimization with shifts to the free market, and a lower allowance for doubtful accounts. These factors contributed to a 13% gain in Adj EBITDA, totaling R$3.4 bn in 4Q25, and offset the effect of higher benchmark rates (Selic) in financial expenses to maintain Net Income stable at R$1.9 bn y/y.
Sabesp invested R$4.8 bn in 4Q25, a 73% increase over the same period of the previous year, focusing on expansion projects directly aimed at meeting universalization targets.
Earnings Conference Call
Will be held on March 17, 2026, at 10:00 AM (Brasília time). Access link is available at the Company’s Investor Relations website. The presentation has been made available at the same website. An audio recording of the call will be posted at the same website.
| 1. | Excluding the update of the financial asset (indemnification) |
| 2. | Covered from July/25 onward by the amendment signed between Sabesp and URAE-1 (https://semil.sp.gov.br/urae1/wp content/uploads/sites/26/2025/08/2-Termo_Aditivo_Assinado_URAE1_ARSESP_SABESP.pdf) |
REPORTED INCOME STATEMENT (CONSOLIDATED) |
R$ mn | ||||||||
| 4Q25 | 4Q24 | Var. (R$) | % | 2025 | 2024 | Var. (R$) | % | ||
| Revenue from Operations | 6,346 | 6,229 | 117 | 1.9 | 24,761 | 23,895 | 866 | 3.6 | |
| FAUSP | (230) | (238) | 8 | (3.5) | (966) | (395) | (571) | 144.5 | |
| Financial Asset | 830 | 331 | 498 | 150.4 | 1,676 | 9,151 | (7,475) | (81.7) | |
| Sales Tax | (511) | (567) | 56 | (9.9) | (1,817) | (2,731) | 915 | (33.5) | |
| (=) | Net Sanitation Revenue | 6,435 | 5,755 | 680 | 11.8 | 23,655 | 29,920 | (6,265) | (20.9) |
| Construction revenues | 4,841 | 2,084 | 2,757 | 132.3 | 14,437 | 6,226 | 8,211 | 131.9 | |
| (=) | Net Revenue | 11,276 | 7,839 | 3,438 | 43.9 | 38,092 | 36,145 | 1,947 | 5.4 |
| Construction costs | (4,841) | (2,037) | (2,804) | 137.7 | (14,437) | (6,086) | (8,351) | 137.2 | |
| Operating Costs and expenses | (2,310) | (3,393) | 1,082 | (31.9) | (9,169) | (11,627) | 2,458 | (21.1) | |
| Other operating income/(expense), net | 282 | (125) | 406 | (325.9) | 275 | (280) | 555 | (198.0) | |
| Minority Interest | 16 | 10 | 6 | 66.4 | 48 | 35 | 13 | 36.3 | |
| (=) | EBITDA | 4,423 | 2,294 | 2,128 | 92.8 | 14,808 | 18,187 | (3,379) | (18.6) |
| (%) | Margin | 39% | 29% | - | 10.0 | 39% | 50% | - | (11.4) |
| Depreciation and Amortization | (547) | (521) | (26) | 5.0 | (2,209) | (2,677) | 468 | (17.5) | |
| (=) | EBIT | 3,876 | 1,774 | 2,102 | 118.5 | 12,600 | 15,510 | (2,911) | (18.8) |
| Net Financial result | (894) | (543) | (351) | 64.6 | (898) | (1,868) | 970 | (51.9) | |
| (=) | EBT | 2,982 | 1,231 | 1,752 | 142.3 | 11,702 | 13,643 | (1,941) | (14.2) |
| Income tax | (297) | 204 | (501) | (245.3) | (3,240) | (4,063) | 823 | (20.3) | |
| (=) | Net income | 2,685 | 1,435 | 1,251 | 87.1 | 8,462 | 9,580 | (1,118) | (11.7) |
| (%) | Margin | 24% | 18% | - | 5.5 | 22% | 27% | - | (4.3) |
| EPS (R$)* | 3.93 | 2.10 | - | - | 12.37 | 14.02 | - | - | |
ADJUSTED INCOME STATEMENT (CONSOLIDATED)
4Q25
R$ mn
| 4Q25 | Adjustments | 4Q25 Adjusted |
4Q24 Adjusted |
Var. (R$) | % | ||||
| Financial Asset | Construction | Non-Recurring | |||||||
| Revenue from Operations | 6,346 | - | - | - | 6,346 | 6,229 | 117 | 1.9 | |
| FAUSP | (230) | - | - | - | (230) | (238) | 8 | (3.5) | |
| Financial Asset | 830 | (830) | - | - | - | - | - | - | |
| Sales Tax | (511) | 77 | - | - | (434) | (425) | (9) | 2.2 | |
| (=) | Net Sanitation Revenue | 6,435 | (753) | - | - | 5,682 | 5,565 | 117 | 2.1 |
| Construction revenues | 4,841 | - | (4,841) | - | - | - | - | - | |
| (=) | Net Revenue | 11,276 | (753) | (4,841) | - | 5,682 | 5,565 | 117 | 2.1 |
| Construction costs | (4,841) | - | 4,841 | - | - | - | - | - | |
| Operating Costs and expenses | (2,310) | - | - | 50 | (2,260) | (2,519) | 259 | (10.3) | |
| Other operating income/(expense), net | 282 | - | - | (330) | (49) | 10 | (58) | (600.8) | |
| Minority Interest | 16 | - | - | - | 16 | (57) | 73 | (128.3) | |
| (=) | EBITDA | 4,423 | (753) | (0) | (280) | 3,389 | 2,999 | 390 | 13.0 |
| (%) | Margin | 39% | - | - | - | 60% | 54% | - | 5.8 |
| Depreciation and Amortization | (547) | - | - | - | (547) | (521) | (26) | 5.0 | |
| (=) | EBIT | 3,876 | (753) | (0) | (280) | 2,843 | 2,478 | 364 | 14.7 |
| Net Financial result | (894) | - | - | (154) | (1,048) | (543) | (505) | 93.0 | |
| (=) | EBT | 2,982 | (753) | (0) | (434) | 1,795 | 1,935 | (141) | (7.3) |
| Income tax | (297) | 256 | 0 | 148 | 107 | (35) | 142 | (402.5) | |
| (=) | Net income | 2,685 | (497) | (0) | (287) | 1,902 | 1,901 | 1 | 0.0 |
| (%) | Margin | 24% | - | - | - | 33% | 34% | - | (0.7) |
| EPS (R$)* | 3.93 | - | - | - | 2.78 | 2.78 | - | - | |
Balance adjusted by construction revenue/cost
The non-recurring effects on 4Q25 EBITDA were: (i) R$ 369 mn related to tax credits; (ii) R$ (60) mn in accruals for logistics restructuring and (iii) R$ (28) mn reduction in legal contingencies.
For comparison purposes, the non-recurring impacts reported in 4Q24 EBITDA were: (i) Sabesp Gente VTP accrual for R$ 630 mn; (ii) reassessment of legal claims R$ 471 mn; (iii) Write-off of work in progress fixed assets of R$ 164 mn; (iv) R$ 111 mn of accrual for taxes on unbilled revenue; (v) R$ 100 mn of Privatization expenses; (vi) Slow move and inventory difference accrual of R$ 95 mn; and (vii) Post-privatization PMI consulting of R$ 40 mn.
In addition to the impact of non-recurring items on 4Q25 EBITDA, there was a non-recurring effect of R$ 154 mn in financial results, related to the monetary update of tax recoveries.
2025
R$ mn
| 2025 | Adjustments | 2025 Adjusted |
2024 Adjusted |
Var. (R$) | % | ||||
| Financial Asset | Construction | Non-Recurring | |||||||
| Revenue from Operations | 24,761 | - | - | - | 24,761 | 23,895 | 866 | 3.6 | |
| FAUSP | (966) | - | - | 108 | (858) | (395) | (463) | 117.2 | |
| Financial Asset | 1,676 | (1,676) | - | - | - | - | - | - | |
| Sales Tax | (1,817) | 155 | - | (28) | (1,690) | (1,774) | 84 | (4.8) | |
| (=) | Net Sanitation Revenue | 23,655 | (1,521) | - | 80 | 22,213 | 21,726 | 487 | 2.2 |
| Construction revenues | 14,437 | - | (14,437) | - | - | - | - | - | |
| (=) | Net Revenue | 38,092 | (1,521) | (14,437) | 80 | 22,213 | 21,726 | 487 | 2.2 |
| Construction costs | (14,437) | - | 14,437 | - | - | - | - | - | |
| Operating Costs and expenses | (9,169) | - | - | 155 | (9,014) | (10,388) | 1,374 | (13.2) | |
| Other operating income/(expense), net | 275 | - | - | (301) | (26) | (34) | 8 | (23.1) | |
| Minority Interest | 48 | - | - | - | 48 | 35 | 13 | 36.3 | |
| (=) | EBITDA | 14,808 | (1,521) | (0) | (66) | 13,221 | 11,339 | 1,882 | 16.6 |
| (%) | Margin | 39% | - | - | - | 60% | 52% | - | 7.3 |
| Depreciation and Amortization | (2,209) | - | - | - | (2,209) | (2,627) | 418 | (15.9) | |
| (=) | EBIT | 12,600 | (1,521) | (0) | (66) | 11,012 | 8,712 | 2,300 | 26.4 |
| Net Financial result | (898) | - | - | (1,660) | (2,558) | (1,744) | (814) | 46.7 | |
| (=) | EBT | 11,702 | (1,521) | (0) | (1,727) | 8,454 | 6,968 | 1,485 | 21.3 |
| Income tax | (3,240) | 517 | 0 | 587 | (2,135) | (1,794) | (341) | 19.0 | |
| (=) | Net income | 8,462 | (1,004) | (0) | (1,140) | 6,318 | 5,174 | 1,144 | 22.1 |
| (%) | Margin | 22% | - | - | - | 28% | 24% | - | 4.6 |
| EPS (R$)* | 12.37 | - | - | - | 9.24 | 7.57 | - | - | |
ADJUSTED NET REVENUE
Adjusted net revenue from sanitation services, considering FAUSP and taxes, totaled R$ 5,682 mn in 4Q25, an increase of +2.1% vs 4Q24. The main factors that impacted revenue in the period were:
| · | 1.5% in net price: large clients’ discount removal; |
| · | 3.0% in billed volume: New units (+2.4%) and higher consumption (+0.6%); |
| · | (2.6)% in mix: Growth in units with access to subsidized rates; |
| · | 0.2% FAUSP; |
For the year, revenue growth was 2.2%, R$ 487 mn higher vs 2024, with the main factors being:
| · | 3.3% in net price: 2.3% carry over and 1.0% due to removal of discounts for large clients; |
| · | 1.9% in billed volume: New units (+1.6%) and increased consumption (+0.3%); |
| · | (0.8)% in mix: growth in units with access to subsidized rates; |
| · | (2.1)% FAUSP: in 2024 FAUSP began only in the 2nd half and the rate review occurred in Aug/2025; |
CONSUMPTION BY CATEGORY
| Billed Volume (mns of m³) | Average Rate (R$/m³) | |||||
| Category | 4Q25 | 4Q24 | % | 4Q25 | 4Q24 | % |
| Residential | 961 | 924 | 4.0 | 4.03 | 4.21 | (4.1) |
| Commercial | 100 | 98 | 1.8 | 15.00 | 14.57 | 2.9 |
| Industrial | 19 | 18 | 1.1 | 20.08 | 17.38 | 15.5 |
| Total Retail | 1,080 | 1,041 | 3.8 | 5.33 | 5.42 | (1.7) |
| Wholesale | 14 | 15 | (2.5) | 2.68 | 2.81 | (4.6) |
| Others¹ | 28 | 23 | 25.3 | 21.67 | 23.82 | (9.0) |
| Total | 1,123 | 1,078 | 4.1 | 5.71 | 5.77 | (1.1) |
| Billed Volume (mns of m³) | Average Rate (R$/m³) | |||||
| Category | 2025 | 2024 | % | 2025 | 2024 | % |
| Residential | 3,764 | 3,683 | 2.2 | 4.07 | 4.22 | (3.4) |
| Commercial | 396 | 386 | 2.4 | 14.78 | 14.28 | 3.5 |
| Industrial | 74 | 74 | (0.2) | 19.23 | 16.94 | 13.5 |
| Total Retail | 4,233 | 4,143 | 2.2 | 5.34 | 5.38 | (0.8) |
| Wholesale | 54 | 60 | (10.1) | 2.78 | 2.56 | 8.8 |
| Others¹ | 120 | 113 | 6.3 | 18.15 | 18.87 | (3.8) |
| Total | 4,407 | 4,316 | 2.1 | 5.66 | 5.70 | (0.7) |
(1) Others are composed of Public, Own Building, and Mauá (BRK).
| Number of connections in thousands¹ | 4Q25 | 4Q24 | Var, | % |
| Water¹ | 9,517 | 9,483 | 34 | 0.4 |
| Sewage¹ | 8,257 | 8,194 | 64 | 0.8 |
(1) Active and registered connections, average at the end of the period
Not audited by external auditors
COST AND EXPENSE
In 4Q25, OPEX showed a 10% reduction vs 4Q24, a decrease of R$ 267 mn. The main factors for this result were: (i) R$ 172 mn in general and administrative expenses, composed mainly R$ 152 mn of municipal funds (FMSAI) anticipation; and (ii) R$ 86 mn in personnel reduction in headcount, partially offset by services logistics investments, environmental compensation and IT. For the full year, the reduction was 13% vs 2024, with costs and expenses totaling R$ 9,041 mn.
R$ mn
| 4Q25 adjusted | 4Q24 adjusted | Var. (R$) | % | 2025 adjusted | 2024 adjusted | Var. (R$) | % | |
| Personnel | (406) | (492) | 86 | (17.6) | (2,417) | (2,682) | 265 | (9.9) |
| General supplies | (97) | (143) | 47 | (32.6) | (291) | (412) | 121 | (29.3) |
| Treatment supplies | (140) | (144) | 4 | (2.9) | (504) | (530) | 26 | (5.0) |
| Services | (787) | (678) | (108) | 15.9 | (2,804) | (2,654) | (150) | 5.7 |
| Power | (390) | (391) | 1 | (0.4) | (1,534) | (1,575) | 41 | (2.6) |
| General expenses | (322) | (494) | 172 | (34.9) | (862) | (1,896) | 1,034 | (54.5) |
| Tax expenses | (29) | (20) | (9) | 47.4 | (92) | (81) | (11) | 13.9 |
| Allowance for doubtful accounts | (90) | (155) | 65 | (41.8) | (510) | (558) | 48 | (8.6) |
| Other revenues and expenses | (49) | (57) | 8 | (14.8) | (26) | (34) | 8 | (23.1) |
| Costs and Expenses | (2,309) | (2,576) | 267 | (10.4) | (9,041) | (10,422) | 1,382 | (13.3) |
| Depreciation and Amortization | (547) | (521) | (26) | 5.0 | (2,209) | (2,627) | 418 | (15.9) |
| Costs, Expenses, Depreciation and Amortization | (2,856) | (3,097) | 241 | (7.8) | (11,249) | (13,049) | 1,800 | (13.8) |
PERSONNEL
Sabesp ended 4Q25 with 8,717 employees, a 17% reduction vs the same period of the previous year,
| Number of employees | 4Q25 | 4Q24 | Var. (Qty.) | % |
| Employees at the end of each period | 8,717 | 10,552 | (1,835) | (17.4) |
| Employees - simple average | 8,981 | 10,565 | (1,584) | (15.0) |
capital expenditures
In 4Q25, CapEx totaled R$ 4,771 mn, an increase of 73% compared to 4Q24 and 20% compared to 3Q25, in 2025, CapEx totaled R$ 15,202 mn, an increase of 120% compared to the same period of the previous year,
R$ mn
| 4Q25 | 4Q24 | Var. (R$) | % | 2025 | 2024 | Var. (R$) | % | |
| Water | 2,107 | 966 | 1,141 | 118.2 | 4,921 | 2,891 | 2,030 | 70.2 |
| Sewage | 2,665 | 1,785 | 880 | 49.3 | 10,280 | 4,020 | 6,260 | 155.7 |
| Total | 4,771 | 2,750 | 2,021 | 73.5 | 15,202 | 6,911 | 8,290 | 120.0 |
BALANCE SHEET (CONSOLIDATED)
| ASSETS | 4Q25 | 4Q24 |
| Current assets | ||
| Cash and Equivalents | 4,663,226 | 1,682,606 |
| ST investments | 7,707,745 | 3,699,694 |
| Trade receivables | 4,413,449 | 3,894,557 |
| Related parties | 276,388 | 319,546 |
| Inventories | 22,061 | 10,818 |
| Restricted cash | 9,575 | 37,715 |
| Taxes | 1,295,310 | 800,811 |
| Derivatives | - | 67,440 |
| Held for sale | 26,864 | - |
| Other assets | 141,892 | 95,673 |
| Total Current assets | 18,556,510 | 10,608,860 |
| Fixed and LT assets | ||
| LT investments | - | 769,057 |
| Trade receivables | 258,544 | 327,798 |
| Related parties | 862,782 | 908,875 |
| Legal deposits | 120,021 | 139,222 |
| ANA (Agência Nacional de Águas) | 2,250 | 1,993 |
| Investments | 254,358 | 215,803 |
| Non-operating Property | 49,933 | 46,630 |
| Contract asset (Construction in progress) | 11,018,516 | 4,877,667 |
| Financial asset (Indemnity) | 21,665,330 | 17,601,626 |
| Intangibles | 50,492,473 | 44,771,124 |
| PP&E | 890,791 | 561,548 |
| Others assets | 31,259 | 135,227 |
| Total noncurrent assets | 85,646,257 | 70,356,570 |
| Total Assets | 104,202,767 | 80,965,430 |
| LIABILITIES AND EQUITY | 4Q25 | 4Q24 |
| Current liabilities | ||
| Trade payables | 2,400,046 | 766,609 |
| Services payables | 2,772,416 | 1,438,507 |
| ST Debt | 5,092,816 | 3,133,850 |
| Labor | 699,629 | 1,286,193 |
| Tax | 615,592 | 591,271 |
| Sales Tax | 89,049 | - |
| Dividends and IoC | 2,059,850 | 2,275,890 |
| Legal Accruals | 1,370,013 | 1,546,185 |
| Public-Private Partnership | 469,687 | 452,323 |
| Derivatives | 661,421 | - |
| Performance Contracts | 120,776 | 287,109 |
| Others | 201,619 | 194,308 |
| Total Current liabilities | 16,552,914 | 11,972,245 |
| Noncurrent Liabilities | ||
| LT Debt | 35,049,531 | 22,124,447 |
| Tax | 3,129,908 | 2,661,891 |
| Sales Tax | 1,191,916 | 1,117,804 |
| Legal Accruals | 533,399 | 895,495 |
| Pension | 2,140,161 | 1,931,145 |
| Public-Private Partnership | 2,856,008 | 2,853,896 |
| Performance Contracts | 6,151 | 137,441 |
| Others | 341,655 | 343,012 |
| Total Noncurrent Liabilities | 45,248,729 | 32,065,131 |
| Total Liabilities | 61,801,643 | 44,037,376 |
| Equity | ||
| Capital stock | 21,210,000 | 15,000,000 |
| Capital reserve | 30,219 | - |
| Profit reserve | 21,518,212 | 21,647,715 |
| Treasury Shares | (475,385) | - |
| Other Comprehensive Income | 118,078 | 280,339 |
| Total Equity | 42,401,124 | 36,928,054 |
| Total Equity and Liabilities | 104,202,767 | 80,965,430 |
STATEMENT OF CASH FLOWS (CONSOLIDATED)
| R$ ‘000 | 4Q25 | 4Q24 |
| Cash flows from operations | 3,234,041 | 4,103,290 |
| Earnings before Tax | 2,982,224 | 1,230,616 |
| Adjustments on net income: | ||
| Depreciation and amortization | 546,755 | 520,529 |
| Fixed Assets write-off | 96,286 | 165,423 |
| Allowance for doubtful accounts | 90,425 | 959,945 |
| Accruals and inflation over accruals | 109,644 | 149,263 |
| Interest owed | 1,827,125 | 630,906 |
| Inflation and FX on Debt | 357,034 | 128,661 |
| Interest and inflation adjustments, net | (366,633) | (103,772) |
| Derivatives | (952,122) | (167,001) |
| Financial Charges from Customers | (67,793) | (74,291) |
| Construction Margin | - | (46,851) |
| Voluntary dismissal plans | (356,943) | 615,440 |
| Equity pick-up | (16,173) | (9,721) |
| PPP Interest and inflation | 124,124 | 197,079 |
| SP City Transfers | 156,031 | 122,652 |
| Pension | (28,781) | 14,888 |
| Deferred Sales Tax on financial assets (indemnity) | 76,759 | 6,646 |
| Update of financial asset (indemnity) | (829,834) | (331,463) |
| Others | (514,087) | 94,341 |
| Changes in assets | ||
| Trade receivables | 108,408 | (1,099,017) |
| Related parties | 128,864 | (57,234) |
| Inventory | 9,188 | (1,673) |
| Tax | (311,335) | (617,048) |
| Escrow | 10,760 | 598 |
| Others | 38,246 | 23,658 |
| Changes in liabilities | ||
| Trade payables | (1,842,188) | 231 |
| Services payables | 361,654 | 502,865 |
| Labor | (73,277) | 19,357 |
| Income Tax | 449,787 | 666,642 |
| Sales Tax | 12,943 | 112,722 |
| Accruals | (17,269) | (48,707) |
| Pension | (80,696) | (44,039) |
| Others | 179,244 | (61,713) |
| Cash from operations | (1,025,671) | (603,358) |
| Interest paid | (533,817) | (425,144) |
| Income tax | (767,803) | (410,375) |
| Free cashflow from operations | 906,750 | 2,664,413 |
| 4Q25 | 4Q24 | |
| Cash-flow from investments | ||
| Contract, intangible assets and PP&E | (4,078,384) | (2,081,197) |
| Restricted Cash | (2,963) | (8,119) |
| Financial investments – Investment | (11,378,711) | (1,237,617) |
| Financial Investments – Withdrawal | 11,525,330 | (1,119,285) |
| Financial Investments – Noncurrent | (776,497) | (15,920) |
| Investment | 3,156 | 40,234 |
| Equity redemption/(injection) in subsidiaries | (16,393) | (40,234) |
| Free cashflow from investments | (4,724,462) | (4,462,138) |
| Cash flow from financing activity | ||
| Borrowings | ||
| Debt issuance | 6,436,589 | 1,240,303 |
| Amortization | (2,128,504) | (383,574) |
| Dividends and IoC | 1 | - |
| PPP | (120,527) | (132,541) |
| Program Contract Commitments | - | (35) |
| Derivatives | (200,256) | 362,874 |
| Treasury shares | (475,385) | - |
| Free cashflow from financing activities | 3,511,918 | 1,087,027 |
| Increase / (decrease) in cash and cash equivalents in the period | (305,794) | (710,698) |
| Represented by: | ||
| Cash and equivalents BoP | 4,969,019 | 2,393,304 |
| Cash and equivalents EoP | 4,663,226 | 1,682,606 |
| Increase / (decrease) in cash and cash equivalents in the period | (305,794) | (710,698) |
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Companhia de Saneamento Básico do Estado de São Paulo - SABESP | ||
| By: | /s/ Daniel Szlak
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Name: Daniel Szlak
Title: Chief Financial Officer and Investor Relations Officer |
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