← ENERGY CO OF MINAS GERAIS

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Net income for the year — $1.0b $1.7b $3.1b $2.9b $3.8b $4.1b $5.8b $7.1b $4.9b —
Net gain on derivative instruments at fair value through profit or loss — $32.0m ($893.0m) ($998.0m) ($1.8b) $538.0m $438.0m $177.0m ($147.0m) — —
Net Income — — — — — — $4.1b
$5.8b +40.86%
$7.1b +23.47%
$4.9b -31.19%
$7.0b +43.05%
Profit or Loss $334.0m $1.0b $1.7b $3.1b $2.9b $3.8b $4.1b $5.8b $7.1b — —
Depreciation and amortization — $850.0m $850.0m $958.0m $989.0m $1.0b $1.2b $1.3b $1.4b $1.5b $1.4b
Depreciation Amortization Depletion — — — — — — $1.2b $1.3b $1.4b $1.5b $1.4b
Deferred Income Tax — — — — — — ($2.3b) ($825.0m) $1.7b $563.0m $1.6b
Deferred Tax — — — — — — ($2.3b) ($825.0m) $1.7b $563.0m $1.6b
Asset Impairment Charge — — — — — — $75.0m $97.0m $83.0m $210.0m $210.0m
Earnings (Loss)es From Equity Investments — — — — — — ($843.0m) ($432.0m) ($224.0m) ($201.0m) ($201.0m)
Change In Working Capital — — — — — — $3.1b $1.1b $453.0m ($584.0m) ($584.0m)
Receivables from customers, traders and concession holders — — — — ($78.0m) ($90.0m) ($440.0m) ($839.0m) ($553.0m) ($418.0m) —
Change In Receivables — — — — — — $2.8b $247.0m $684.0m ($73.0m) ($73.0m)
Changes In Account Receivables — — — — — — ($440.0m) ($839.0m) ($553.0m) ($418.0m) ($73.0m)
Change In Payables And Accrued Expense — — — — — — $861.0m $1.2b $603.0m $381.0m $87.0m
Change In Accrued Expense — — — — — — $35.0m ($21.0m) ($21.0m) $12.0m $12.0m
Other — — — $26.0m $187.0m ($267.0m) $130.0m ($40.0m) ($255.0m) ($332.0m) —
Change In Other Current Assets — — — — — — $278.0m $154.0m ($194.0m) ($217.0m) ($217.0m)
Change In Other Current Liabilities — — — — — — ($440.0m) ($38.0m) ($317.0m) ($258.0m) ($258.0m)
Acquisition of property, plant and equipment — ($83.0m) ($77.0m) ($70.0m) ($132.0m) ($182.0m) ($173.0m) ($1.1b) ($671.0m) ($699.0m) —
Capital Expenditure — — — — — — ($292.0m) ($1.3b) ($919.0m) ($1.1b) ($1.6b)
Adjustments For Gain Loss On Disposal Of Investments In Subsidiaries Joint Ventures And Associates ($302.0m) ($252.0m) ($104.0m) $125.0m $357.0m $182.0m $843.0m $432.0m — — —
Investments in marketable securities — — — — — $0 ($14.2b) ($11.2b) ($16.6b) ($17.3b) —
Redemptions in marketable securities — — — — — $2.0b $14.4b $12.4b $16.9b $17.1b —
Net Other Investing Changes — — — — — — ($3.1b) ($3.7b) ($4.6b) ($5.4b) ($5.4b)
NET CASH USED IN INVESTING ACTIVITIES ($386.0m) ($211.0m) ($1.2b) ($5.1b) $1.4b ($3.2b) ($4.0b) ($2.4b) ($6.7b) ($2.7b)
Cash flows from financing activities:
Proceeds From Borrowings Classified As Financing Activities — ($11.0m) — — — — — — — — —
Issuance Of Debt — — — — — — $2.0b $2.0b $4.6b $9.3b $5.7b
Long Term Debt Issuance — — — — — — $2.0b $2.0b $4.6b $9.3b $5.7b
Long Term Debt Payments — — — — — — ($2.7b) ($2.7b) ($3.0b) ($2.8b) ($2.9b)
Net Issuance Payments Of Debt — — — — — — ($698.0m) ($758.0m) $1.5b $6.6b $2.8b
Net Long Term Debt Issuance — — — — — — ($698.0m) ($758.0m) $1.5b $6.6b $2.8b
Repayment Of Debt — — — — — — ($2.7b) ($2.7b) ($3.0b) ($2.8b) ($2.9b)
Dividends paid — — — $701 ($598) — — — — — ($4.3b)
Dividends Recognised As Distributions To Owners Of Parent Relating To Current Year — — — — — — — — $1k — —
Dividends received from investees — $354 $311 $283 $387 $499 $708 $592 $350 $269 —
Cash Dividends Paid — — — — — — ($2.1b) $0 $0 $0 ($4.3b)
Dividend Received CFO — — — — — — $708.0m $592.0m $350.0m $269.0m $339.0m
NET CASH FLOWS FROM (USED IN) FINANCING ACTIVITIES ($159.0m)
($936.0m) -488.68%
($1.2b) -28.53%
($2.4b) -98.42%
($5.9b) -147.59%
($2.8b) +52.76%
($2.6b) +7.56%
($2.8b) -6.90%
$2.6b +193.87%
Cash and cash equivalents at the beginning of the year — $1.0b $891.0m $536.0m $1.7b $825.0m $1.4b $1.5b $1.9b $1.9b —
Beginning Cash Position — — — — — — $825.0m $1.4b $1.5b $1.9b $2.2b
Restricted cash — $261.0m $15.0m $79.0m ($51.0m) $43.0m — — ($205.0m) ($1.1b) —
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Additional Financial Items
Adjustments For Decrease Increase In Trade Account Receivable — ($239.0m) — — — — — — ($553.0m) — —
Adjustments For Income Tax Expense $33.0m $644.0m $16.0m $111.0m $252.0m ($210.0m) ($924.0m) $1.1b $2.2b $772.0m —
Adjustments For Increase Decrease In Trade Account Payable — — — — — — — — ($65.0m) — —
Adjustments For Unrealised Foreign Exchange Losses Gains — — — — — — — — $464.0m — —
General And Administrative Expense — — — — — — — — $820.0m — —
Income Taxes Paid Refund Classified As Operating Activities $289.0m $226.0m $650.0m $1.8b $240.0m $500.0m $704.0m $601.0m $1.1b ($736.0m) —
Increase Decrease In Working Capital — — — $3.3b — — — $1.2b ($1.9b) — ($584.0m)
Interest Paid Classified As Operating Activities $2.4b $1.8b $1.3b $1.3b $1.1b $1.6b $1.0b $1.0b $956.0m ($4.0b) —
Interest Received Classified As Operating Activities — — — — — — $291.0m $328.0m $351.0m $471.0m —
Payments Of Lease Liabilities Classified As Financing Activities — — — — — — — — $72.0m — —
Purchase Of Intangible Assets Classified As Investing Activities $1.0b $1.0b $30.0m $1.9b $41.0m $51.0m $119.0m $188.0m $248.0m — —
Loss on write-off of net residual value of unrecoverable concession financial assets, concessional contract asset, PP&E and Intangible assets — $48.0m $61.0m $130.0m $39.0m $47.0m $74.0m $97.0m $83.0m $210.0m —
Share of profit of equity-accounted investees and joint ventures, net of tax — — — — — — ($843.0m) ($432.0m) ($224.0m) ($201.0m) —
Remeasuring of concession financial and concession contract assets — ($753.0m) ($585.0m) ($507.0m) ($801.0m) ($1.3b) ($1.2b) ($1.2b) ($1.2b) ($1.2b) —
Bargain purchase gain — — — — ($51.0m) ($4.0m) ($5.0m) — — ($12.0m) —
Periodic Tariff Review adjustments — — — — ($552.0m) ($237.0m) — — ($1.7b) — —
Interest and monetary variation — $1.5b $1.2b $1.2b $1.2b $1.4b $493.0m $676.0m $428.0m $1.2b —
Exchange variation on loans — $56.0m $582.0m $226.0m $1.7b — ($338.0m) ($277.0m) $464.0m $2.0m —
Reimbursement of PIS/Pasep and Cofins over ICMS credits to customers -Realization — — — — ($266.0m) ($1.3b) ($2.4b) ($1.9b) ($513.0m) ($209.0m) —
Gains arising from the sale of PP&E — — — — — — — — ($43.0m) ($29.0m) —
Gain on sale of non-current assets held for sale — — — — — — ($52.0m) ($319.0m) ($1.6b) ($60.0m) —
Transaction costs — — — $38.0m $15.0m $20.0m $7.0m $14.0m $20.0m $28.0m —
Expected credit losses — — — — — $144.0m $109.0m $175.0m $175.0m $161.0m —
Provision for contingencies — $854.0m $466.0m $2.4b $423.0m $375.0m $433.0m $360.0m ($90.0m) $655.0m —
Other provisions — — — — — — ($18.0m) $59.0m — — —
CVA (Parcel A items Compensation) Account and Other financial components in tariff adjustments — ($988.0m) ($2.0b) ($58.0m) ($455.0m) ($2.1b) $1.1b $213.0m ($423.0m) ($506.0m) —
Post-employment obligations — ($282.0m) ($307.0m) ($343.0m) ($367.0m) ($422.0m) ($482.0m) ($535.0m) ($439.0m) ($393.0m) —
Total — — — $3.8b $3.8b $1.5b $3.5b $6.3b $6.0b $5.6b —
Recoverable taxes — $10.0m $38.0m ($12.0m) ($59.0m) $1.7b $2.5b $175.0m $275.0m ($159.0m) —
Income tax and social contribution tax credits — $385.0m $615.0m ($71.0m) ($162.0m) ($555.0m) $149.0m $6.0m $110.0m ($233.0m) —
Escrow deposits — ($4.0m) ($109.0m) $11.0m $1.5b ($70.0m) $31.0m $45.0m $116.0m ($24.0m) —
Contractual assets and concession financial assets — $398.0m $1.7b $373.0m $688.0m $713.0m $620.0m $905.0m $852.0m $737.0m —
Total (increase) / decrease in assets — $1.5b $3.2b $306.0m $4.0b $1.9b $3.8b $1.0b $956.0m $106.0m —
Suppliers — $403.0m ($553.0m) $279.0m $278.0m $325.0m $149.0m $185.0m ($65.0m) $87.0m —
Taxes payable — ($248.0m) ($291.0m) ($162.0m) $824.0m $5.0m $408.0m $778.0m $180.0m ($217.0m) —
Payroll and related charges — ($18.0m) $77.0m ($84.0m) $13.0m $12.0m $35.0m ($21.0m) ($21.0m) $12.0m —
Regulatory charges — ($73.0m) ($70.0m) ($89.0m) $132.0m $78.0m ($240.0m) $2.0m ($62.0m) $74.0m —
PIS/Pasep and Cofins over ICMS credits to customers — — — — — — $219.0m $249.0m $509.0m $499.0m —
Total increase (decrease) in liabilities — ($1.3b) ($2.0b) $957.0m $1.7b $1.3b $888.0m $618.0m ($153.0m) ($270.0m) —
Cash generated from operations — — — — — — $7.8b
$7.9b +1.07%
$6.8b -14.12%
$5.5b -19.69%
—
Cash inflows from settlement of derivatives instruments — — $37.0m $100.0m $461.0m $1.0b $129.0m $24.0m $436.0m — —
Acquisition of equity investees — ($38.0m) ($109.0m) ($38.0m) ($120.0m) ($56.0m) ($52.0m) ($37.0m) ($1.0m) ($3.0m) —
Proceeds from the sale of equity interest, net of costs of sales — — — — — — $52.0m
$669.0m +1186.54%
$2.7b +309.12%
$1.0m -99.96%
—
Sale of PP&E — — — — — — $0 $0 $101.0m $93.0m $93.0m
Acquisition of intangible assets — ($1.0b) ($801.0m) ($1.9b) ($41.0m) ($51.0m) ($119.0m) ($188.0m) ($248.0m) ($379.0m) —
Contract assets - distribution of gas and energy infrastructure — — — ($925.0m) ($1.4b) ($1.8b) ($3.1b) ($3.7b) ($4.4b) ($5.4b) —
Proceeds from loans and debentures — $3.3b $3.0b $4.5b $826.0m $13.0m $2.0b $2.0b $4.6b $9.3b —
Payment of loans and debentures — ($4.1b) ($3.5b) ($4.9b) ($2.5b) ($4.4b) ($2.6b) ($2.7b) ($3.0b) ($2.7b) —
Leasing liabilities paid — — — — ($84.0m) ($70.0m) ($66.0m) ($67.0m) ($72.0m) ($82.0m) —
NET INCREASE IN CASH AND CASH EQUIVALENTS FOR THE YEAR $35.0m ($139.0m) ($355.0m) $1.1b ($855.0m) $616.0m $96.0m $361.0m $4.0m
Cash Flow From Continuing Financing Activities — — — — — — ($2.8b) ($2.6b) ($2.8b) $2.6b ($1.5b)
Cash Flow From Continuing Investing Activities — — — — — — ($3.1b) ($4.0b) ($2.4b) ($6.7b) ($2.7b)
Change In Account Payable — — — — — — $149.0m $185.0m ($65.0m) $87.0m $87.0m
Change In Cash Supplemental As Reported — — — — — — $616.0m $96.0m $361.0m $4.0m —
Change In Income Tax Payable — — — — — — $677.0m $1.0b $689.0m $282.0m $282.0m
Change In Other Working Capital — — — — — — ($451.0m) ($490.0m) ($323.0m) ($417.0m) ($417.0m)
Change In Payable — — — — — — $826.0m $1.2b $624.0m $369.0m $87.0m
Change In Tax Payable — — — — — — $677.0m $1.0b $689.0m $282.0m $282.0m
Changes In Cash — — — — — — $616.0m $96.0m $361.0m $4.0m $1.1b
End Cash Position — — — — — — $1.4b $1.5b $1.9b $1.9b $3.2b
Financing Cash Flow — — — — — — ($2.8b)
($2.6b) +7.56%
($2.8b) -6.90%
$2.6b +193.87%
($1.5b) -158.26%
Free Cash Flow — — — — — — $6.3b $5.4b $4.6b $3.0b $3.6b
Gain Loss On Investment Securities — — — — — $538.0m $438.0m $177.0m ($147.0m) — —
Gain Loss On Sale Of PPE — — — — — — $0 $0 ($43.0m) ($29.0m) ($29.0m)
Investing Cash Flow — — — — — — ($3.1b) ($4.0b) ($2.4b) ($6.7b) ($2.7b)
Net Business Purchase And Sale — — — — — — $0 $632.0m $2.8b ($2.0m) ($2.0m)
Net Foreign Currency Exchange Gain Loss — — — — — — ($338.0m) ($277.0m) $464.0m $2.0m $2.0m
Net Intangibles Purchase And Sale — — — — — — ($119.0m) ($188.0m) ($248.0m) ($379.0m) ($379.0m)
Net Investment Purchase And Sale — — — — — — $268.0m $342.0m $293.0m ($246.0m) $789.0m
Net PPE Purchase And Sale — — — — — — ($173.0m) ($1.1b) ($570.0m) ($606.0m) ($1.3b)
Operating Gains Losses — — — — — — ($129.0m) ($240.0m) ($1.1b) ($1.0b) ($988.0m)
Other Non Cash Items — — — — — — $703.0m ($373.0m) ($2.9b) ($932.0m) —
Pension And Employee Benefit Expense — — — — — — $666.0m $611.0m $488.0m ($750.0m) $445.0m
Provisionand Write Offof Assets — — — — — — $433.0m $594.0m $85.0m $816.0m $62.0m
Purchase Of Business — — — — — — ($52.0m) ($37.0m) ($1.0m) ($3.0m) ($3.0m)
Purchase Of Intangibles — — — — — — ($119.0m) ($188.0m) ($248.0m) ($379.0m) ($379.0m)
Purchase Of Investment — — — — — — ($14.2b) ($12.0b) ($16.6b) ($17.3b) ($17.3b)
Purchase Of PPE — $83.0m $77.0m $70.0m $132.0m $182.0m ($173.0m) ($1.1b) ($671.0m) ($699.0m) ($1.6b)
Sale Of Business — — — — — — $52.0m $669.0m $2.8b $1.0m $1.0m
Sale Of Investment — — — — — — $14.4b $12.4b $16.9b $17.1b $17.1b
Unrealized Gain Loss On Investment Securities — — — — — $0 $172.0m $0 $0 — —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.