Business Context and Reporting Period
This Form 6-K filing by Companhia de Saneamento Básico do Estado de São Paulo (SABESP) was submitted on February 9, 2012. The document serves as a notice to shareholders regarding the declaration of interest on own capital for the fiscal year ended December 31, 2011.
Key Financial Metrics
- Dividend Declaration (Interest on Own Capital): Total amount of R$578,705,022.42.
- Per Share Amount: R$2.54 per common share.
- Payment Timing: Scheduled for no later than 60 days after the 2012 Annual Shareholders' Meeting.
- Record Date: February 16, 2012.
- Ex-Interest Date: February 17, 2012.
The filing does not provide specific data on revenue, operating profit, 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 operational or financial performance versus prior periods. The primary material event is the Board of Directors' resolution to distribute interest on own capital for the 2011 period.
Guidance, Outlook, and Risks
The document includes a standard forward-looking statements disclaimer. Management notes that statements regarding future operations, capital expenditure plans, and financial results are based on current estimates and are subject to risks and uncertainties, including general economic conditions and industry factors. No specific quantitative guidance or outlook was provided in this text.
Investor Verification Checklist
- Verify the exact date of the 2012 Annual Shareholders' Meeting to determine the final payment deadline (60 days post-meeting).
- Confirm shareholder registry status and banking details with Itaú Unibanco S.A. to ensure timely credit of the R$2.54 per share payment.
- Review tax withholding implications for the specific shareholder category (e.g., pension funds, insurance companies) to determine if exemption documentation is required by March 9, 2012.
- Confirm that the declared interest on own capital counts toward the mandatory minimum dividend requirement under Brazilian law and the Company's Bylaws.