Business Context and Reporting Period
This Form 6-K filing by Companhia de Saneamento Básico do Estado de São Paulo (SABESP) was submitted in April 2022. The document serves as a notice to shareholders regarding the approval of interest on own capital (JCP) for the fiscal year ended December 31, 2021, at the Annual and Extraordinary Shareholders' Meeting held on April 28, 2022.
Key Financial Metrics
- Interest on Own Capital (JCP): Total payout of R$ 644,344,753.50 for the period January to December 2021.
- Per Share Amount: R$ 0.9427 per common share.
- Payment Date: June 27, 2022.
- Record Date: April 28, 2022 (shares trade ex-interest as of April 29, 2022).
- Revenue, Profit, and Cash Flow: The filing text does not provide a clear value for total revenue, net profit, operating cash flow, margins, debt levels, or liquidity ratios.
Material Changes
The filing does not contain comparative financial data or a discussion of material changes in operating results versus the prior comparable period. The primary material event reported is the declaration of the 2021 interest on own capital.
Guidance, Outlook, and Risks
The document includes a standard forward-looking statements disclaimer. Management notes that statements regarding future economic circumstances, industry conditions, and financial results are based on current estimates and are subject to risks and uncertainties. No specific operational guidance, capital expenditure plans, or detailed risk factors were disclosed in this specific notice.
Investor Verification Checklist
- Verify the ex-interest trading date of April 29, 2022, to confirm eligibility for the R$ 0.9427 per share payment.
- Confirm that banking instructions and tax identification numbers (CPF/CNPJ) are up to date with Bradesco S.A. to ensure timely credit of funds.
- Note that this interest on own capital is computed toward the mandatory minimum dividends required by the Company's Bylaws.
- Review the full Annual Report (Form 20-F) for comprehensive revenue, profit, and debt metrics not included in this 6-K notice.