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Related Party Transaction (Tables) | 12 Months Ended
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Dec. 31, 2024
Related Party Transaction |
Schedule of Cemig's Principal Balances and Transactions with Related Parties | The main consolidated balances and transactions, as well as the main conditions relating to the Company's business with related parties, are shown below: Transactions with energy
Company | ASSETS |  | LIABILITIES |  | REVENUES |  | EXPENSES
Dec. 31, 2024 |  | Dec. 31, 2023 |  | Dec. 31, 2024 |  | Dec. 31, 2023 |  | 2024 |  | 2023 |  | 2024 |  | 2023
Aliança Geração (1) | - |  | 3 |  | - |  | 22 |  | 33 |  | 49 |  | (138) |  | (234)
Norte Energia | - |  | - |  | 33 |  | 31 |  | - |  | - |  | (290) |  | (278)
Paracambi | - |  | - |  | 3 |  | 2 |  | - |  | - |  | (31) |  | (30)
Hidrelétrica Pipoca | - |  | - |  | 4 |  | 3 |  | - |  | 2 |  | (46) |  | (47)
Taesa | - |  | - |  | - |  | - |  | - |  | - |  | (1) |  | -
(1) | This company was a Related Party of the Company until August 13, 2024, when the process of its sale to Vale S.A. was completed. For more details see Note 31.
Charges
Company | ASSETS |  | LIABILITIES |  | REVENUES |  | EXPENSES
Dec. 31, 2024 |  | Dec. 31, 2023 |  | Dec. 31, 2024 |  | Dec. 31, 2023 |  | 2024 |  | 2023 |  | 2024 |  | 2023
Connections charges |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Taesa | - |  | - |  | - |  | - |  | - |  | - |  | (5) |  | (6)
Transmission charges |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aliança | - |  | - |  | - |  | - |  | 1 |  | 1 |  | - |  | -
Norte Energia | 9 |  | 3 |  | - |  | - |  | 33 |  | 30 |  | - |  | -
Taesa | - |  | - |  | 11 |  | 12 |  | - |  | - |  | (146) |  | (138)
Customers and traders
Company | ASSETS | LIABILITIES | REVENUES | EXPENSES
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2024 | Dec. 31, 2023 | 2024 | 2023 | 2024 | 2023
Governo do Estado de Minas Gerais | 11 | 45 | - | - | 231 | 194 | - | -
Provision of services
Company | ASSETS | LIABILITIES | REVENUES | EXPENSES
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2024 | Dec. 31, 2023 | 2024 | 2023 | 2024 | 2023
Aliança Geração | - | 1 | - | - | 9 | 7 | - | -
Guanhães | - | - | - | - | 2 | - | - | -
Paracambi | - | - | - | - | 1 | - | - | -
Taesa | 1 | - | - | - | 2 | 2 | - | -
Accounts Receivable
Company | ASSETS | LIABILITIES | REVENUES | EXPENSES
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2024 | Dec. 31, 2023 | 2024 | 2023 | 2024 | 2023
Governo do Estado de Minas Gerais | 13 | 13 | - | - | - | - | - | -
Provision of legal services
Company | ASSETS | LIABILITIES | REVENUES | EXPENSES
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2024 | Dec. 31, 2023 | 2024 | 2023 | 2024 | 2023
Aliança Geração (a) | - | - | - | 58 | - | - | - | (3)
Guanhães Energia (b) | - | - | 17 | - | - | - | - | -
Cemig D (b) | - | - | 10 | - | - | - | - | -
Governo do Estado de Minas Gerais (b) | 27 | - | - | - | - | - | - | -
a) | Refers to contractual obligations towards the investee Aliança Geração corresponding to contingencies that have as triggering events that occurred before the closing of the transaction that resulted in the contribution of assets by Cemig and Vale S.A. to the capital of this investee. On March 27, 2024, the CCVA was signed to sell the interest held by the Company in the share capital of Aliança Geração to Vale S.A.. On August 13, 2024, with the completion of the sale, Vale S.A. and Cemig GT jointly signed an agreement to terminate and discharge these contingencies, which resulted in the provision being reversed in August 2024.
b) | This refers to the agreement signed between the State of Minas Gerais, Cemig, Alpargatas, Guanhães and Cemig D. On December 21, 2012, the State of Minas Gerais signed Contract 021/2012 for execution of certain works and services in energy infrastructure in the state of Minas Gerais, and contracted Cemig for execution of the works.
Interest on Equity, and dividends
Company | ASSETS | LIABILITIES | REVENUES | EXPENSES
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2024 | Dec. 31, 2023 | 2024 | 2023 | 2024 | 2023
Taesa | 111 | 49 | - | - | - | - | - | -
FIC Pampulha
Company | ASSETS | LIABILITIES | REVENUES | EXPENSES
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2024 | Dec. 31, 2023 | 2024 | 2023 | 2024 | 2023
Current |  |  |  |  |  |  |  |
Cash and cash equivalents | 159 | 351 | - | - | - | - | - | -
Marketable securities | 357 | 771 | - | - | 16 | 51 | - | -
Non-current |  |  |  |  |  |  |  |
Marketable securities | 135 | - | - | - | - | - | - | -
Leasing
Company | ASSETS | LIABILITIES | REVENUES | EXPENSES
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2024 | Dec. 31, 2023 | 2024 | 2023 | 2024 | 2023
Current |  |  |  |  |  |  |  |
Operating leasing | - | - | 19 | 27 | - | - | (25) | (33)
Non-current |  |  |  |  |  |  |  |
Operating leasing | 180 | 185 | 195 | 187 | - | - | - | -
Post-employment benefit
Company | ASSETS | LIABILITIES | REVENUES | EXPENSES
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2024 | Dec. 31, 2023 | 2024 | 2023 | 2024 | 2023
FORLUZ |  |  |  |  |  |  |  |
Current |  |  |  |  |  |  |  |
Post-employment obligations (1) | - | - | 53 | 126 | - | - | (214) | (280)
Supplementary pension contributions - Defined contribution plan (2) | - | - | - | - | - | - | (89) | (81)
Administrative running costs (3) | - | - | - | - | - | - | (40) | (40)
Non-current |  |  |  |  |  |  |  |
Post-employment obligations (1) | - | - | 1,648 | 2,230 | - | - | - | -
| - | - | - | - | - | - | - | -
Cemig Saúde |  |  |  |  |  |  |  |
Current |  |  |  |  |  |  |  |
Health plan and dental plan (4) | - | - | 208 | 230 | - | - | (274) | (388)
Non-current |  |  |  |  |  |  |  |
Health plan and dental plan (4) | - | - | 2,396 | 2,830 | - | - | - | -
The Company has contractual obligations to a group of retired former employees in which it is responsible for ensuring funds for the cost of a supplementary pension plan, called Forluz, and for the running costs of a health plan, called Cemig Saúde. The main conditions related to the post-employment benefits are as follows:
(1) | Forluz's contracts are adjusted by the Broad National Consumer Price Index - IPCA of the Brazilian Institute of Geography and Statistics - IBGE, plus interest of 6% per year and will be amortized until 2031;
(2) | Company's contributions to the Pension Fund regarding the employees participating in the Mixed Plan and calculated over monthly remunerations in conformity with the Fund's regulation;
(3) | Funds for the annual administrative funding of the Pension Fund in accordance with the specific legislation for the sector. The amounts are estimated as a percentage of the Company's payroll;
(4) | Post-employment obligations related to the employees' health and dental plan.
Details of post-employment benefits can be found in note 23.
Schedule of Dividends Receivable | Dividends receivable
| Dec. 31, 2024 |  | Dec. 31, 2023
Taesa | 111 |  | 50
Total | 111 |  | 50
Schedule of Cemig is Provider of Surety or Guarantee of Loans, Financings and Debentures of Related Parties | Cemig has provided guarantees on Loans and debentures of the following related parties - not consolidated in the financial statements because they relate to jointly controlled entities:
Related party | Type |  | Objective |  | 2024 |  | Maturity
Norte Energia (NESA) (1) | Surety |  | Financing |  | 2,524 |  | 2042
Norte Energia S.A (NESA)/Light (2) | Counter-guarantee |  | Financing |  | 684 |  | 2042
Norte Energia (NESA) | Surety |  | Debentures |  | 81 |  | 2030
|  |  |  |  | 3,289 |  |
(1) | Related to Norte Energia loans.
(2) | Counter-guarantee to Light, related to execution of guarantees of the Norte Energia loans.
Schedule of Financial Investments in Securities of Related Parties, in the Investment Fund | The total remuneration of key personnel, comprising the Executive Board, the Fiscal Council, the Audit Committee and the Board of Directors, are within the limits approved at a General Shareholders’ Meeting, and the effects on the Statement of income of the year ended December 31, 2024, 2023 and 2022, are as follows:
| 2024 |  | 2023 | 2022
Remuneration | 34 |  | 29 | 29
Income sharing | 8 |  | 7 | 6
Pension plans | 2 |  | 2 | 2
Total | 44 |  | 38 | 37

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