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 28, 2003, reports on a corporate action by SABESP, a publicly-held Brazilian utility company. The filing details a shareholder meeting held on November 20, 2003, regarding the declaration of dividends in the form of Interest on Own Capital for the period of October 2003.
Key Financial Metrics
- Dividend Declaration (Interest on Own Capital): R$ 154,928,903.00 total.
- Per Share Amount: R$ 5.44 per thousand common shares.
- Payment Timing: Scheduled for no later than 60 days after the 2004 Annual Shareholders' Meeting.
- Ex-Date: December 16, 2003.
- Record Date: December 15, 2003.
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity for the reporting period.
Material Changes
The filing does not contain comparative financial data or discuss material changes in operating results versus prior periods. The primary material event is the specific declaration of Interest on Own Capital in substitution for standard dividends for October 2003.
Guidance, Outlook, and Risks
The document includes a standard forward-looking statements disclaimer. It notes that statements regarding future operations, financial condition, and dividend payments are based on management's current estimates and are subject to risks and uncertainties, including general economic and market conditions. No specific operational guidance or risk factors beyond this general disclaimer are provided in this text.
Investor Verification Checklist
- Verify the exact payment date once the 2004 Annual Shareholders' Meeting concludes.
- Confirm withholding income tax status and exemption eligibility before January 30, 2004.
- Ensure banking information and Taxpayer Identification Numbers (CPF/CNPJ) are updated with Banco Itaú S.A. to avoid payment delays.
- Review the company's Bylaws (Article 30) and Law #9249/95 regarding the computation of mandatory minimum dividends.