Cia Energetica DE Minas Gerais - Cemig (CIG)

CIG Income Statement

Financials in millions BRL. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	36,850	36,850	34,463	33,646	25,228	25,486
Revenue Growth (YoY)	6.93%	6.93%	2.43%	33.37%	-1.01%	14.29%
Cost of Revenue	28,466	28,466	27,651	26,923	19,845	19,598
Gross Profit	8,384	8,384	6,812	6,723	5,383	5,888
Selling, General & Admin	707	707	789	572	1,440	1,830
Other Operating Expenses	175	175	104	140	96	1,046
Operating Expenses	882	882	893	712	1,536	2,876
Operating Income	7,502	7,502	5,919	6,011	3,847	3,012
Interest Expense / Income	1,651	1,651	3,066	3,096	3,350	1,847
Other Expense / Income	-997	-997	-1,265	-1,782	-3,303	-3,628
Pretax Income	6,848	6,848	4,118	4,697	3,800	4,793
Income Tax	1,084	1,084	26	946	936	1,599
Net Income	5,764	5,764	4,092	3,751	2,864	3,194
Net Income Growth	40.86%	40.86%	9.09%	30.97%	-10.33%	85.48%
Shares Outstanding (Basic)	2,862	2,862	2,862	2,862	2,862	2,862
Shares Change	-	-	-0.00%	0.00%	-	-
EPS (Basic)	2.02	2.02	1.43	1.31	1.00	1.11
EPS (Diluted)	2.02	2.02	1.43	1.31	1.00	1.11
EPS Growth	40.81%	40.81%	9.40%	30.80%	-10.31%	84.60%
Free Cash Flow	6,850	6,850	7,669	4,573	9,339	5,127
Free Cash Flow Per Share	2.39	2.39	2.68	1.60	3.26	1.79
Dividend Per Share	0.200	0.200	0.211	0.154	0.067	0.058
Dividend Growth	-5.21%	-5.21%	37.01%	129.85%	15.52%	-37.63%
Gross Margin	22.75%	22.75%	19.77%	19.98%	21.34%	23.10%
Operating Margin	20.36%	20.36%	17.17%	17.87%	15.25%	11.82%
Profit Margin	15.64%	15.64%	11.87%	11.15%	11.35%	12.53%
Free Cash Flow Margin	18.59%	18.59%	22.25%	13.59%	37.02%	20.12%
Effective Tax Rate	15.83%	15.83%	0.63%	20.14%	24.63%	33.36%
EBITDA	9,773	9,773	8,366	8,842	8,139	7,598
EBITDA Margin	26.52%	26.52%	24.28%	26.28%	32.26%	29.81%
Depreciation & Amortization	1,274	1,274	1,182	1,049	989	958
EBIT	8,499	8,499	7,184	7,793	7,150	6,640
EBIT Margin	23.06%	23.06%	20.85%	23.16%	28.34%	26.05%

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).