Business Context and Reporting Period
This Form 6-K filing by Companhia de Saneamento Básico do Estado de São Paulo - SABESP was submitted on April 11, 2016. The report discloses a material fact regarding regulatory approval for a tariff adjustment effective May 12, 2016.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on a regulatory event rather than financial performance data.
Material Changes
The primary material change is the authorization by the São Paulo State Energy and Sanitation Regulatory Agency (ARSESP) via Resolution 643. This resolution permits SABESP to apply an 8.4478% tariff adjustment index to current tariffs, effective May 12, 2016.
Guidance, Outlook, and Risks
The filing includes standard forward-looking statements cautioning that future results may differ from expectations due to economic conditions, industry trends, and operating factors. No specific financial guidance or capital expenditure plans are detailed in this document.
Investor Verification Checklist
- Verify the implementation date of the 8.4478% tariff increase (May 12, 2016).
- Review the full text of ARSESP Resolution 643 on the SABESP or ARSESP websites.
- Check updated tariff charts available at SABESP customer service centers and their website.
- Monitor subsequent filings for the financial impact of this tariff adjustment on revenue and cash flow.