Companhia Energética de Minas Gerais (CIG-C) Financial Statements

Price: $2.53
Market Cap: $5.86B
Avg Volume: 4.30K
Country: BR
Industry: Diversified Utilities
Sector: Utilities
Beta: 1.3475207
52W Range: $2.13-2.8099
Website: Companhia Energética de Minas Gerais

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Companhia Energética de Minas Gerais.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$45.00B$45.00B$36.00B$36.00B$27.00B$27.00B$18.00B$18.00B$9.00B$9.00B$0.00$0.0020152015201620162017201720182018201920192020202020212021202220222023202320242024
Operating Expenses
Operating Income
Operating Expenses & Income$6.00B$6.00B$5.00B$5.00B$4.00B$4.00B$3.00B$3.00B$2.00B$2.00B$1.00B$1.00B$0.00$0.0020152015201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015 December 31, 2014
Revenue $36.85B $34.46B $33.65B $25.23B $25.39B $22.27B $21.71B $18.77B $21.29B $19.54B
Cost of Revenue $30.03B $27.65B $26.92B $19.84B $19.60B $19.02B $18.43B $15.90B $18.32B $12.80B
Gross Profit $6.82B $6.81B $6.72B $5.38B $5.79B $3.25B $3.28B $2.87B $2.97B $6.74B
Gross Profit Ratio 18.52% 19.77% 20.00% 21.34% 22.81% 14.59% 15.10% 15.29% 13.97% 34.48%
Research and Development Expenses $- $34.56M $34.21M $42.77M $40.66M $38.24M $37.77M $47.86M $47.20M $48.51M
General and Administrative Expenses $707.41M $1.42B $572.00M $583.00M $642.00M $672.00M $763.00M $667.00M $674.00M $654.00M
Selling and Marketing Expenses $194.52M $- $144.00M $147.00M $238.00M $264.00M $248.00M $382.00M $175.00M $128.00M
Selling General and Administrative Expenses $901.94M $1.42B $716.00M $730.00M $880.00M $936.00M $1.01B $1.05B $849.00M $782.00M
Other Expenses $- $428.00M $383.00M $355.00M $2.00B $875.00M $372.00M $513.00M $1.77B $905.00M
Operating Expenses $939.39M $1.85B $1.10B $1.08B $2.88B $471.60M $382.95M $1.56B $2.62B $1.69B
Cost and Expenses $30.97B $29.50B $28.02B $20.93B $22.48B $19.49B $18.82B $15.90B $18.32B $14.49B
Interest Income $126.00M $712.00M $460.00M $399.00M $361.00M $116.00M $803.71M $1.04B $1.47B $298.00M
Interest Expense $1.03B $2.47B $1.73B $1.25B $1.32B $1.32B $1.80B $2.48B $2.20B $1.03B
Depreciation and Amortization $1.27B $1.18B $1.05B $989.05M $958.23M $834.59M $849.77M $834.29M $835.00M $801.00M
EBITDA $8.88B $5.48B $6.82B $5.70B $6.75B $4.31B $4.09B $3.71B $5.71B $6.31B
EBITDA Ratio 24.11% 21.77% 20.83% 23.49% 22.90% 17.83% 19.79% 23.67% 26.74% 29.39%
Operating Income $5.88B $5.69B $5.96B $4.94B $4.86B $2.50B $2.64B $1.80B $4.12B $5.58B
Operating Income Ratio 15.97% 16.50% 17.71% 19.57% 19.13% 11.21% 12.17% 9.61% 19.35% 28.56%
Total Other Income Expenses Net $966.92M $-1.57B $-1.26B $-1.14B $-387.00M $-901.59M $-743.90M $-1.44B $-1.34B $-1.10B
Income Before Tax $6.85B $4.12B $4.70B $3.80B $4.47B $1.98B $1.65B $367.93M $3.38B $4.48B
Income Before Tax Ratio 18.59% 11.95% 13.97% 15.07% 17.60% 8.88% 7.58% 1.96% 15.90% 22.92%
Income Tax Expense $1.08B $26.00M $946.00M $936.00M $1.56B $599.12M $644.26M $33.17M $892.58M $1.34B
Net Income $5.76B $4.09B $3.75B $2.86B $3.13B $1.70B $1.00B $334.33M $503.00K $3.14B
Net Income Ratio 15.64% 11.87% 11.15% 11.35% 12.32% 7.64% 4.61% 1.78% 0.00% 16.05%
EPS $2.01 $1.86 $1.70 $1.30 $1.39 $0.69 $0.25 $0.07 $1.30 $1.65
EPS Diluted $2.01 $1.86 $1.70 $1.30 $1.39 $0.69 $0.25 $0.05 $1.30 $1.65
Weighted Average Shares Outstanding 2.86B 2.20B 2.20B 2.20B 2.29B 2.45B 2.20B 1.90B 1.90B 1.90B
Weighted Average Shares Outstanding Diluted 2.86B 2.20B 2.20B 2.20B 2.29B 2.45B 2.20B 1.90B 1.90B 1.90B
SEC Filing Source Source Source Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$60.00B$60.00B$50.00B$50.00B$40.00B$40.00B$30.00B$30.00B$20.00B$20.00B$10.00B$10.00B$0.00$0.0020152015201620162017201720182018201920192020202020212021202220222023202320242024
Equity$24.00B$24.00B$18.00B$18.00B$12.00B$12.00B$6.00B$6.00B$0.00$0.0020152015201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015 December 31, 2014
Cash and Cash Equivalents $1.54B $1.44B $825.00M $1.68B $536.00M $891.00M $1.03B $995.00M $925.00M $887.00M
Short Term Investments $1.59B $2.80B $3.23B $3.62B $1.82B $1.77B $2.01B $2.11B $3.30B $1.84B
Cash and Short Term Investments $3.12B $4.24B $4.05B $5.30B $2.36B $2.66B $3.04B $3.11B $4.23B $2.73B
Net Receivables $7.38B $5.50B $5.03B $5.11B $5.10B $4.22B $3.89B $3.43B $3.76B $2.39B
Inventory $- $- $- $- $39.00M $36.00M $38.00M $49.00M $37.00M $40.00M
Other Current Assets $1.36B $889.00M $862.00M $2.41B $2.14B $20.87B $1.57B $1.70B $1.35B $1.40B
Total Current Assets $11.87B $13.46B $12.95B $15.46B $10.14B $27.80B $8.54B $8.29B $9.38B $6.55B
Property Plant Equipment Net $3.65B $2.74B $2.65B $2.62B $2.73B $2.66B $2.76B $3.77B $3.94B $5.54B
Goodwill $- $- $- $- $- $- $- $- $- $-
Intangible Assets $15.25B $14.62B $12.95B $11.81B $11.62B $10.78B $11.16B $10.82B $10.28B $3.38B
Goodwill and Intangible Assets $15.25B $14.62B $12.95B $11.81B $11.62B $10.78B $11.16B $10.82B $10.28B $3.38B
Long Term Investments $10.36B $10.18B $10.43B $9.98B $12.09B $11.87B $14.43B $13.76B $12.51B $15.53B
Tax Assets $3.04B $3.12B $2.46B $2.45B $2.43B $2.15B $1.87B $1.80B $1.50B $1.25B
Other Non-Current Assets $10.82B $9.55B $10.61B $11.77B $10.91B $4.60B $3.49B $3.60B $3.28B $2.75B
Total Non-Current Assets $43.13B $40.21B $39.10B $38.63B $39.79B $32.06B $33.70B $33.75B $31.50B $28.45B
Other Assets $- $- $- $- $-1.00M $- $- $1.00M $- $-
Total Assets $55.00B $53.67B $52.05B $54.08B $49.93B $59.85B $42.24B $42.04B $40.88B $35.00B
Account Payables $3.72B $3.29B $2.92B $2.36B $2.08B $1.80B $2.34B $1.94B $1.90B $1.60B
Short Term Debt $2.71B $1.01B $1.53B $2.11B $2.83B $2.15B $2.37B $4.84B $6.30B $5.29B
Tax Payables $1.61B $2.28B $1.42B $1.09B $493.00M $522.00M $820.00M $821.00M $751.00M $598.00M
Deferred Revenue $- $2.28B $1.42B $1.09B $493.00M $79.00M $233.00M $181.00M $- $-
Other Current Liabilities $5.05B $4.62B $4.82B $4.13B $3.34B $18.79B $2.90B $3.67B $4.13B $2.63B
Total Current Liabilities $13.09B $11.20B $10.69B $9.69B $8.75B $23.39B $8.66B $11.45B $13.09B $10.12B
Long Term Debt $7.55B $9.92B $10.08B $13.14B $12.23B $12.57B $12.03B $10.34B $8.87B $8.22B
Deferred Revenue Non-Current $- $- $- $- $- $- $- $- $689.00M $611.00M
Deferred Tax Liabilities Non-Current $1.11B $932.00M $962.00M $1.04B $661.00M $728.00M $735.00M $582.00M $689.00M $611.00M
Other Non-Current Liabilities $8.58B $9.83B $10.85B $12.73B $13.23B $7.22B $6.49B $6.73B $4.55B $4.15B
Total Non-Current Liabilities $17.25B $20.68B $21.90B $26.91B $26.12B $20.52B $19.25B $17.66B $14.79B $13.59B
Other Liabilities $- $- $- $- $- $- $- $- $- $-
Total Liabilities $30.34B $31.89B $32.58B $36.60B $34.87B $43.91B $27.91B $29.10B $27.88B $23.71B
Preferred Stock $- $- $- $- $- $- $- $- $- $-
Common Stock $11.01B $11.01B $8.47B $7.59B $7.29B $7.29B $6.29B $6.29B $6.29B $6.29B
Retained Earnings $13.04B $10.39B $- $- $7.92B $6.36B $5.73B $- $4.67B $2.59B
Accumulated Other Comprehensive Income Loss $15.29B $12.64B $13.20B $12.31B $7.76B $7.29B $7.65B $7.12B $6.60B $4.21B
Other Total Stockholders Equity $-16.55B $-14.13B $-963.00K $-265.00K $-1.05B $-145.00M $-5.35B $-489.00M $-6.44B $-3.67B
Total Stockholders Equity $22.79B $21.78B $19.46B $17.47B $15.05B $14.58B $14.33B $12.93B $12.99B $11.28B
Total Equity $22.80B $21.78B $19.46B $17.48B $15.06B $15.94B $- $- $- $-
Total Liabilities and Stockholders Equity $55.00B $53.67B $52.05B $54.08B $49.93B $59.85B $42.24B $42.04B $40.88B $35.00B
Minority Interest $5.96M $6.00M $5.00M $4.00M $4.00M $1.36B $4.00M $4.00M $4.00M $4.00M
Total Liabilities and Total Equity $55.00B $53.67B $52.05B $54.08B $49.93B $59.85B $42.24B $42.04B $40.88B $35.00B
Total Investments $11.95B $12.98B $13.66B $13.60B $13.91B $13.64B $16.44B $15.87B $15.81B $17.37B
Total Debt $10.26B $10.94B $11.61B $15.25B $15.06B $14.77B $14.40B $15.18B $15.17B $13.51B
Net Debt $8.73B $9.49B $10.78B $13.57B $14.53B $13.88B $13.37B $14.18B $14.24B $12.62B

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$9.00B$9.00B$6.00B$6.00B$3.00B$3.00B$0.00$0.00-$3.00B-$3.00B-$6.00B-$6.00B20152015201620162017201720182018201920192020202020212021202220222023202320242024
Financing Cash Flow$2.00B$2.00B$0.00$0.00-$2.00B-$2.00B-$4.00B-$4.00B-$6.00B-$6.00B20152015201620162017201720182018201920192020202020212021202220222023202320242024
Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015 December 31, 2014
Net Income $5.76B $1.41B $3.75B $2.87B $3.13B $1.70B $1.00B $335.00M $2.49B $3.14B
Depreciation and Amortization $1.27B $1.18B $1.05B $989.00M $958.00M $849.00M $850.00M $834.00M $835.00M $801.00M
Deferred Income Tax $-825.00M $-734.00M $-210.00M $252.00M $-2.84B $-650.00M $644.00M $33.00M $893.00M $1.34B
Stock Based Compensation $- $- $- $- $- $- $- $- $- $-
Change in Working Capital $509.70M $841.00M $4.53B $5.26B $980.00M $820.00M $-1.18B $-1.94B $594.00M $-503.00M
Accounts Receivables $247.00M $-440.00M $-90.00M $-78.00M $-666.00M $-391.00M $-818.00M $-64.00M $-1.47B $-285.00M
Inventory $- $- $4.37B $3.89B $1.78B $2.73B $354.00M $-1.50B $2.04B $-190.00M
Accounts Payables $185.00M $149.00M $325.00M $278.00M $279.00M $-553.00M $403.00M $38.00M $297.00M $472.00M
Other Working Capital $77.70M $1.13B $-70.00M $1.17B $-413.00M $-971.00M $-1.12B $-417.00M $-275.00M $-500.00M
Other Non Cash Items $-78.70M $3.92B $-4.96B $-391.00M $740.00M $581.00M $-402.00M $2.63B $-2.69B $725.00M
Net Cash Provided by Operating Activities $6.64B $6.61B $3.69B $8.61B $2.04B $1.01B $580.00M $1.21B $3.01B $3.73B
Investments in Property Plant and Equipment $-1.08B $-292.00M $-233.00M $-173.00M $-1.93B $-877.00M $-856.00M $-1.51B $-1.08B $-920.00M
Acquisitions Net $632.00M $-3.46B $1.31B $27.00M $38.27M $70.00M $474.00M $-506.00M $-490.00M $-2.87B
Purchases of Investments $-11.27B $-52.30M $-51.00M $-3.37B $-38.27M $30.00M $-4.00M $-1.39B $-1.64B $-80.00M
Sales Maturities of Investments $12.36B $200.00M $2.05B $-41.00M $80.00M $596.00M $766.00M $1.40B $-1.50B $116.00M
Other Investing Activities $-4.61B $394.30M $-1.70B $-1.52B $659.00M $-30.00M $-766.00M $1.39B $1.50B $-545.00M
Net Cash Used for Investing Activities $-3.97B $-3.21B $1.37B $-5.08B $-1.19B $-211.00M $-386.00M $-614.00M $-3.22B $-4.30B
Debt Repayment $-690.56M $-698.00M $-4.49B $-1.79B $-502.00M $-537.00M $-823.00M $146.00M $1.04B $3.17B
Common Stock Issued $- $- $- $- $- $109.55M $1.22B $- $- $-
Common Stock Repurchased $- $- $- $- $- $- $2.08B $- $- $-230.00K
Dividends Paid $-1.82B $-2.09B $-1.42B $-598.13M $-701.14M $-509.00M $-540.00M $-675.00M $-796.00M $-3.92B
Other Financing Activities $-67.44M $907.00K $-256.00K $135.00K $137.00K $109.00M $1.20B $-404.00K $- $398.00K
Net Cash Used Provided by Financing Activities $-2.58B $-2.79B $-5.91B $-2.39B $-1.20B $-937.00M $-158.00M $-529.00M $247.00M $-750.00M
Effect of Forex Changes on Cash $- $- $- $- $- $1.00M $-1.00M $- $1.00M $-
Net Change in Cash $96.00M $616.00M $-855.00M $1.14B $-355.00M $-140.00M $35.00M $70.00M $37.00M $-1.31B
Cash at End of Period $1.54B $1.44B $825.00M $1.68B $536.00M $890.00M $1.03B $995.00M $924.00M $887.00M
Cash at Beginning of Period $1.44B $825.00M $1.68B $536.00M $891.00M $1.03B $995.00M $925.00M $887.00M $2.20B
Operating Cash Flow $6.64B $6.61B $3.69B $8.61B $2.04B $1.01B $580.00M $1.21B $3.01B $3.73B
Capital Expenditure $-1.26B $-292.00M $-233.00M $-173.00M $-1.93B $-877.00M $-856.00M $-1.51B $-1.08B $-920.00M
Free Cash Flow $5.38B $6.32B $3.45B $8.43B $109.00M $131.00M $-276.00M $-295.00M $1.92B $2.81B