SEC Filing Summary: Companhia de Saneamento Básico do Estado de São Paulo - SABESP
Business Context and Reporting Period
This Form 6-K filing, dated January 16, 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, reports on a distribution decision made by the Board of Directors for the period from July to December 2008.
Key Financial Metrics
- Dividend Distribution (Interest on Own Capital): Total amount of R$95,691,381.66 (Ninety-five million, six hundred ninety-one thousand, three hundred eighty-one reais and sixty-six cents).
- Per Share Amount: R$0.42 per common share.
- Record Date: January 26, 2009.
- Ex-Interest Date: January 27, 2009.
- Payment Terms: Payment to be made no later than 60 days after the 2009 Annual Shareholders' Meeting.
- Other Metrics: The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity 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. The primary material event is the declaration of the specific interest on own capital distribution for the second half of 2008.
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 2009 Annual Shareholders' Meeting to determine the final payment deadline (60 days post-meeting).
- Confirm shareholder registry status with Banco Itaú S.A. by January 26, 2009, to ensure eligibility for the R$0.42 per share distribution.
- Check for applicable income tax withholding exemptions if the shareholder qualifies as immune or exempt under Brazilian law.
- Ensure banking instructions (CPF/CNPJ and account details) are up to date with Banco Itaú S.A. to avoid delays in credit availability.