Business Context and Reporting Period
This Form 6-K filing by Companhia de Saneamento Básico do Estado de São Paulo (SABESP) serves as a notice to shareholders regarding the payment of interest on own capital. The filing was submitted in March 2019, with the Board of Directors making the decision on March 28, 2019. The payment relates to the fiscal period from January to December 2018.
Key Financial Metrics
- Total Interest on Own Capital: R$ 792,187,938.17 (Seven hundred and ninety-two million, one hundred and eighty-seven thousand, nine hundred and thirty-eight reais and seventeen cents).
- Per Share Amount: R$ 1.15900 per common share.
- Payment Date: June 28, 2019.
- Record Date: April 29, 2019 (Shareholders registered on this date are eligible).
- Ex-Interest Date: April 30, 2019.
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity for the period.
Material Changes
The filing does not contain comparative financial data or material changes versus prior periods. It is a standalone notice regarding a specific capital distribution event.
Guidance, Outlook, and Risks
The document includes a standard forward-looking statements disclaimer. Management notes that statements regarding dividends, operating strategies, and capital expenditure plans are based on current views and estimates. These statements are subject to risks and uncertainties, including general economic and market conditions, which could cause actual results to differ materially from expectations.
Tax Withholding: Income tax will be withheld from the payment unless shareholders prove immunity or exemption by May 6, 2019.
Dividend Attribution: The interest on own capital will be computed in the calculation of the mandatory minimum dividends as per the Company's Bylaws and Law 9,249/95.
Investor Verification Checklist
- Verify share registration status by the record date of April 29, 2019.
- Confirm banking details (bank, branch, account number) and Taxpayer Identification Number (CPF/CNPJ) are updated with Bradesco S.A. to ensure timely credit.
- Check eligibility for income tax exemption or immunity if applicable, with documentation due by May 6, 2019.
- Note the ex-interest trading date of April 30, 2019.