Business Context and Reporting Period
This Form 6-K filing by AMBEV S.A. relates to a corporate announcement made on December 3, 2018, regarding the fiscal year ending December 31, 2018. The document serves as a notice to shareholders concerning the approval of Interest on Own Capital (IOC) distributions by the Board of Directors.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The only specific financial data disclosed relates to the approved capital distribution:
- Interest on Own Capital (IOC) Approved: R$ 0.32 per share.
- Net IOC Distribution (after tax): R$ 0.272 per share (excluding entities exempt from withholding tax).
- Source of Funds: Deducted from 2018 fiscal year results based on the extraordinary balance sheet dated November 30, 2018.
Material Changes
The filing does not report material changes in operational performance, revenue, or margins compared to prior periods. The primary material event is the Board's approval of the IOC distribution, which counts toward the minimum mandatory dividends for 2018.
Guidance, Outlook, and Payment Details
Management commentary is limited to the mechanics of the distribution. No forward-looking guidance or risk factors are detailed in this specific notice.
- Payment Date: On or after December 28, 2018 (subject to ratification by the Annual Shareholders' Meeting).
- Record Dates: December 18, 2018 (B3 S.A.) and December 20, 2018 (NYSE).
- Ex-IOC Date: December 19, 2018.
- Depositary Bank: Banco Bradesco S.A.
Investor Verification Checklist
- Verify the final ratification of the IOC distribution at the Annual Shareholders' Meeting.
- Confirm the specific tax status of the shareholder to determine if the net distribution is R$ 0.272 or the gross R$ 0.32.
- Check the extraordinary balance sheet dated November 30, 2018, for the full context of the 2018 fiscal results.
- Ensure bank account details are updated with the depositary bank if direct credit is required.