XML 62 R51.htm IDEA: XBRL DOCUMENT

Investments (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of the investees financial statements and equity interest


Company	Equity						Contribution		Dividends distributed			Profit (loss) for the year
	2022		2021		2020		2022		2022			2022			2021			2020

Sesamm		59,371		58,421		51,514		—		(13,875	)		14,825			9,059			7,332
Águas de Andradina		30,777		29,591		29,576		—		—			1,186			2,424			778
Águas de Castilho		10,787		9,384		8,533		—		—			1,403			1,428			1,613
Saneaqua Mairinque¹		—		—		4,013		—		—			—			—			(770	)
Attend Ambiental		29,729		23,493		11,409		—		(1,941	)		8,177			4,701			3,923
Aquapolo Ambiental		73,926		58,172		41,903		—		(14,742	)		30,496			25,269			19,131
Paulista Geradora de Energia (*)		10,486		6,153		6,692		5,077		—			(744	)		(539	)		(452	)
Cantareira SP Energia		1,000		—		—		1,000		—						—			—
FOXX URE-BA Ambiental		69,258		—		—		69,258		—						—			—
Infranext Soluções em Pavimentação (**)		7,050		—		—		7,050		—						—			—

(*)	SABESP contributed R$ 5,077, corresponding to 25% of the interest. As of December 31, 2022, Servitec and Tecniplan had an outstanding payable amount of R$ 15,233 related to the remaining interest of 75% in PGE.

(**)	Infranext’s share capital will be R$ 12,000. As of December 31, 2022, SABESP had an outstanding payable amount of R$ 4,950.

^(¹)	The amounts presented for 2020 refer to July 31, 2020.

Company	Investments				Contribution		Dividends distributed			OCI ^()*		Reclassification			Equity in the earnings of subsidiaries									Interest percentage
	2022		2021		2022		2021			2020		2020			2022			2021			2020			2022			2021			2020

Sesamm		21,374		21,032		—		(4,995	)		—		—			5,337			3,261			2,640			36	%		36	%		36	%
Águas de Andradina		9,233		8,877		—		—			—		—			356			700			233			30	%		30	%		30	%
Águas de Castilho		3,236		2,815		—		—			—		—			421			433			485			30	%		30	%		30	%
Saneaqua Mairinque²		—		—		—		—			17		(1,203	)		—			—			(248	)		46	%		46	%		30	%
Attend Ambiental		13,379		10,572		—		(873	)		—		—			3,680			5,438			1,765			45	%		45	%		45	%
Aquapolo Ambiental		36,223		28,504		—		(7,224	)		—		—			14,943			12,382			9,374			49	%		49	%		49	%
Paulista Geradora de Energia		6,429		1,538		5,077		—			—		—			(186	)		(135	)		(113	)		25	%		25	%		25	%
Cantareira SP Energia		490		—		490		—			—		—			—			—			—			49	%		—			—
FOXX URE-BA Ambiental		13,852		—		13,852		—			—		—			—			—			—			20	%		—			—
Infranext Soluções em Pavimentação		450		—		450		—			—		—			—			—			—			45	%		—			—
Total		104,666		73,338		19,869		(13,092	)		17		(1,203	)		24,551			22,079			14,136
Other investments		6,099		6,099
Overall total		110,765		79,437

(***)

Other Comprehensive Income

⁽²⁾

On August 20, 2020, the investee Saneaqua Mairinque held an Extraordinary Shareholders' Meeting that approved a capital increase in the amount of R$ 21,944, through the issue of 17,178,988 shares. SABESP waived its preemptive right in the participation of such capital increase, and the shares then issued because of the capital increase were entirely subscribed by the shareholder BRK Ambiental, resulting in the dilution of SABESP’s interest in the investee. Accordingly, SABESP discontinued the equity accounting method and recorded this financial asset under the fair value on the transaction date, in the amount of R$ 5,734 recorded as “Other investments”. The amounts corresponding to the equity result were recorded until July 2020.