Business Context and Reporting Period
This Form 6-K filing by TELEFONICA BRASIL S.A. covers the month of February 2025. The document serves as a notice to shareholders regarding the payment schedule for Interest on Capital (IoC) declared for the third and fourth quarters of the fiscal year 2024.
Key Financial Metrics
The filing details the distribution of Interest on Capital (IoC) rather than reporting operational financial metrics such as revenue, profit, or cash flow.
| Declaration Date | Shareholding Position | Gross Amount (R$) | Gross Amount per Share (R$) | Net Amount per Share (R$) | Payment Date |
|---|---|---|---|---|---|
| 07/15/2024 | 07/26/2024 | 650,000,000 | 0.39562415244 | 0.33628052957 | 04/08/2025 |
| 08/14/2024 | 08/26/2024 | 400,000,000 | 0.24416460273 | 0.20753991232 | 04/08/2025 |
| 12/12/2024 | 12/26/2024 | 1,200,000,000 | 0.73769769041 | 0.62704303685 | 04/08/2025 |
| Total | - | 2,250,000,000 | 1.37748644558 | 1.17086347874 | 04/08/2025 |
The filing text does not provide clear values for revenue, operating profit, cash flow, margins, debt, or liquidity.
Material Changes
This filing does not report material changes in operational performance compared to prior periods. It solely announces the execution of previously declared capital interest payments.
Guidance, Outlook, and Management Commentary
- Dividend Imputation: The net amount of the declared IoCs will be imputed to the mandatory minimum dividend for the fiscal year ending December 31, 2024, subject to approval by the General Shareholders' Meeting on April 25, 2025.
- Payment Logistics: Payments will be made directly to bank accounts for shareholders with Banco Bradesco S.A. options or through Brokerage Firms for shares in Fiduciary Custody. Other shareholders must visit Banco Bradesco branches with identification.
- Prescription: Unclaimed IoC will prescribe and revert to the Company after three years from the payment date, pursuant to Brazilian Law No. 6,404.
Investor Verification Checklist
- Verify the payment date of April 8, 2025, for the total gross IoC of R$ 2.25 billion.
- Confirm the net amount per share of R$ 1.17086347874 applicable to the shareholder's position.
- Check the status of the General Shareholders' Meeting scheduled for April 25, 2025, regarding the imputation of these amounts to the 2024 mandatory minimum dividend.
- Ensure banking details are updated with Banco Bradesco S.A. or the relevant brokerage firm to receive direct payment.