SEC Filing Summary: Companhia de Saneamento Básico do Estado de São Paulo - SABESP
Business Context and Reporting Period
This Form 6-K filing, dated November 13, 2009, serves as a notice to shareholders regarding the payment of interest on own capital. The company, a publicly held basic sanitation provider in Brazil, reported a Board of Directors resolution made on November 12, 2009. The payment relates to the period from May 2009 to November 2009.
Key Financial Metrics
- Interest on Own Capital (Dividends): R$ 221,001,524.31 (Brazilian Reais).
- Per Share Amount: R$ 0.97 per common share.
- Payment Timing: Scheduled for no later than 60 days after the 2010 Annual Shareholders' Meeting.
- Record Date: November 19, 2009.
- Ex-Interest Date: November 23, 2009.
The filing does not provide data on total revenue, net profit, operating cash flow, margins, debt levels, or liquidity ratios for the period.
Material Changes
The filing does not contain comparative financial data or a discussion of material changes in operating results versus prior periods. It focuses exclusively on the declaration of the specific dividend payment for the May-November 2009 period.
Guidance, Outlook, and Risks
The document includes a standard forward-looking statements disclaimer. Management notes that statements regarding future operations, financial condition, liquidity, and capital expenditure plans are based on current estimates and are subject to risks and uncertainties. No specific quantitative guidance or outlook for future periods is provided in this text.
Investor Verification Checklist
- Verify the exact date of the 2010 Annual Shareholders' Meeting to determine the final payment deadline (60 days post-meeting).
- Confirm shareholder registration status as of November 19, 2009, to ensure eligibility for the R$ 0.97 per share payment.
- Check if banking instructions (CPF/CNPJ and account details) are up to date with Banco Itaú S.A. to avoid payment delays.
- Review the company's website for the specific tax exemption declaration forms required for immune or exempt shareholders by December 15, 2009.