Companhia Energetica de Minas Gerais CEMIG
NYSE:CIG.C
Income Statement
Earnings Waterfall
Companhia Energetica de Minas Gerais CEMIG
Revenue
|
35.8B
BRL
|
Cost of Revenue
|
-29.7B
BRL
|
Gross Profit
|
6.1B
BRL
|
Operating Expenses
|
-1.9B
BRL
|
Operating Income
|
4.2B
BRL
|
Other Expenses
|
-200.8m
BRL
|
Net Income
|
4B
BRL
|
Income Statement
Companhia Energetica de Minas Gerais CEMIG
Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
14 623
N/A
|
14 599
0%
|
14 472
-1%
|
14 627
+1%
|
15 660
+7%
|
16 922
+8%
|
17 173
+1%
|
19 540
+14%
|
20 649
+6%
|
21 442
+4%
|
22 518
+5%
|
21 868
-3%
|
20 381
-7%
|
19 644
-4%
|
19 666
+0%
|
18 773
-5%
|
19 139
+2%
|
19 586
+2%
|
19 826
+1%
|
21 712
+10%
|
21 834
+1%
|
22 236
+2%
|
23 352
+5%
|
22 266
-5%
|
23 537
+6%
|
24 948
+6%
|
24 766
-1%
|
25 487
+3%
|
25 633
+1%
|
24 116
-6%
|
24 467
+1%
|
25 228
+3%
|
25 897
+3%
|
27 750
+7%
|
30 854
+11%
|
33 646
+9%
|
34 383
+2%
|
35 242
+2%
|
34 941
-1%
|
34 463
-1%
|
35 837
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(9 689)
|
(9 832)
|
(9 960)
|
(9 849)
|
(10 452)
|
(11 125)
|
(11 526)
|
(12 802)
|
(14 096)
|
(14 924)
|
(15 985)
|
(15 783)
|
(15 248)
|
(14 991)
|
(14 543)
|
(14 429)
|
(14 437)
|
(15 072)
|
(16 124)
|
(17 487)
|
(17 781)
|
(18 006)
|
(18 435)
|
(17 677)
|
(18 163)
|
(18 092)
|
(18 864)
|
(19 599)
|
(19 910)
|
(20 009)
|
(19 032)
|
(19 845)
|
(20 646)
|
(22 027)
|
(24 966)
|
(26 924)
|
(27 475)
|
(29 368)
|
(29 089)
|
(27 652)
|
(29 740)
|
|
Gross Profit |
4 934
N/A
|
4 767
-3%
|
4 512
-5%
|
4 778
+6%
|
5 208
+9%
|
5 797
+11%
|
5 648
-3%
|
6 737
+19%
|
6 553
-3%
|
6 518
-1%
|
6 532
+0%
|
6 085
-7%
|
5 133
-16%
|
4 653
-9%
|
5 124
+10%
|
4 344
-15%
|
4 702
+8%
|
4 514
-4%
|
3 703
-18%
|
4 225
+14%
|
4 053
-4%
|
4 230
+4%
|
4 917
+16%
|
4 589
-7%
|
5 375
+17%
|
6 855
+28%
|
5 902
-14%
|
5 888
0%
|
5 723
-3%
|
4 108
-28%
|
5 434
+32%
|
5 383
-1%
|
5 251
-2%
|
5 724
+9%
|
5 888
+3%
|
6 722
+14%
|
6 908
+3%
|
5 875
-15%
|
5 852
0%
|
6 811
+16%
|
6 097
-10%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 997)
|
(2 082)
|
(1 952)
|
(1 464)
|
(1 303)
|
(1 243)
|
(1 438)
|
(1 648)
|
(950)
|
(1 117)
|
(1 163)
|
(2 505)
|
(2 648)
|
(2 907)
|
(2 796)
|
(2 237)
|
(2 223)
|
(1 944)
|
(2 116)
|
(1 330)
|
(1 290)
|
(1 220)
|
(1 153)
|
(1 862)
|
(1 928)
|
(2 629)
|
(2 821)
|
(2 877)
|
(2 708)
|
(2 038)
|
(1 680)
|
(1 535)
|
(1 043)
|
5
|
(88)
|
(277)
|
(387)
|
(1 736)
|
(1 800)
|
(1 900)
|
(1 861)
|
|
Selling, General & Administrative |
(909)
|
(947)
|
(858)
|
(920)
|
(735)
|
(687)
|
(818)
|
(783)
|
(772)
|
(802)
|
(820)
|
(849)
|
(961)
|
(999)
|
(1 060)
|
(1 049)
|
(1 039)
|
(1 145)
|
(1 033)
|
(1 011)
|
(1 033)
|
(913)
|
(970)
|
(936)
|
(946)
|
(869)
|
(910)
|
(880)
|
(869)
|
(945)
|
(671)
|
(729)
|
(686)
|
(552)
|
(772)
|
(715)
|
(738)
|
(1 046)
|
(979)
|
(826)
|
(790)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(72)
|
(4)
|
|
Other Operating Expenses |
(1 088)
|
(1 135)
|
(1 095)
|
(544)
|
(569)
|
(556)
|
(620)
|
(865)
|
(178)
|
(315)
|
(343)
|
(1 655)
|
(1 687)
|
(1 908)
|
(1 736)
|
(1 188)
|
(1 184)
|
(800)
|
(1 083)
|
(319)
|
(258)
|
(307)
|
(183)
|
(926)
|
(983)
|
(1 760)
|
(1 911)
|
(1 997)
|
(1 839)
|
(1 093)
|
(1 010)
|
(806)
|
(357)
|
557
|
684
|
439
|
350
|
(690)
|
(819)
|
(1 002)
|
(1 067)
|
|
Operating Income |
2 937
N/A
|
2 685
-9%
|
2 560
-5%
|
3 314
+29%
|
3 905
+18%
|
4 554
+17%
|
4 210
-8%
|
5 089
+21%
|
5 603
+10%
|
5 401
-4%
|
5 369
-1%
|
3 580
-33%
|
2 485
-31%
|
1 747
-30%
|
2 328
+33%
|
2 107
-9%
|
2 479
+18%
|
2 570
+4%
|
1 587
-38%
|
2 895
+82%
|
2 763
-5%
|
3 010
+9%
|
3 764
+25%
|
2 727
-28%
|
3 446
+26%
|
4 226
+23%
|
3 081
-27%
|
3 012
-2%
|
3 014
+0%
|
2 070
-31%
|
3 754
+81%
|
3 847
+2%
|
4 208
+9%
|
5 729
+36%
|
5 800
+1%
|
6 446
+11%
|
6 520
+1%
|
4 138
-37%
|
4 053
-2%
|
4 911
+21%
|
4 235
-14%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
293
|
623
|
619
|
622
|
720
|
367
|
(135)
|
(152)
|
(303)
|
(472)
|
(392)
|
(108)
|
(1 085)
|
(1 134)
|
(1 360)
|
(1 887)
|
(1 815)
|
(1 830)
|
(1 804)
|
(1 669)
|
(1 446)
|
(1 965)
|
(1 976)
|
(1 090)
|
(1 136)
|
24
|
79
|
(168)
|
(908)
|
(1 352)
|
(1 467)
|
(762)
|
(859)
|
(909)
|
(891)
|
(995)
|
(747)
|
(373)
|
141
|
478
|
546
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(609)
|
(134)
|
(270)
|
0
|
609
|
134
|
270
|
0
|
0
|
0
|
1
|
(118)
|
(46)
|
|
Total Other Income |
2 215
|
2 195
|
2 138
|
118
|
34
|
(82)
|
(122)
|
(457)
|
(591)
|
(518)
|
(497)
|
(110)
|
(65)
|
189
|
235
|
148
|
179
|
26
|
322
|
420
|
459
|
510
|
207
|
340
|
453
|
2 017
|
2 169
|
1 726
|
1 783
|
809
|
702
|
716
|
454
|
700
|
212
|
(753)
|
530
|
(1 094)
|
(601)
|
(1 151)
|
(809)
|
|
Pre-Tax Income |
5 445
N/A
|
5 503
+1%
|
5 317
-3%
|
4 054
-24%
|
4 659
+15%
|
4 839
+4%
|
3 953
-18%
|
4 479
+13%
|
4 709
+5%
|
4 411
-6%
|
4 480
+2%
|
3 362
-25%
|
1 335
-60%
|
801
-40%
|
1 203
+50%
|
368
-69%
|
842
+129%
|
766
-9%
|
105
-86%
|
1 646
+1 475%
|
1 776
+8%
|
1 554
-12%
|
1 995
+28%
|
1 977
-1%
|
2 763
+40%
|
6 268
+127%
|
5 329
-15%
|
4 570
-14%
|
3 280
-28%
|
1 393
-58%
|
2 718
+95%
|
3 801
+40%
|
4 412
+16%
|
5 654
+28%
|
5 392
-5%
|
4 698
-13%
|
6 304
+34%
|
2 671
-58%
|
3 592
+34%
|
4 121
+15%
|
3 927
-5%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(939)
|
(984)
|
(947)
|
(950)
|
(1 170)
|
(1 227)
|
(1 101)
|
(1 343)
|
(1 337)
|
(1 246)
|
(1 178)
|
(893)
|
(345)
|
(143)
|
(279)
|
(33)
|
(170)
|
(158)
|
(13)
|
(644)
|
(653)
|
(601)
|
(728)
|
(599)
|
(853)
|
(2 211)
|
(2 008)
|
(1 600)
|
(1 164)
|
(310)
|
(550)
|
(936)
|
(996)
|
(1 373)
|
(1 269)
|
(945)
|
(1 517)
|
218
|
58
|
(26)
|
110
|
|
Income from Continuing Operations |
4 506
|
4 519
|
4 370
|
3 104
|
3 489
|
3 612
|
2 853
|
3 137
|
3 372
|
3 165
|
3 303
|
2 469
|
990
|
658
|
924
|
335
|
672
|
608
|
91
|
1 002
|
1 123
|
953
|
1 267
|
1 378
|
1 909
|
4 057
|
3 320
|
2 970
|
2 116
|
1 083
|
2 168
|
2 865
|
3 416
|
4 281
|
4 123
|
3 753
|
4 786
|
2 889
|
3 650
|
4 094
|
4 037
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(42)
|
(42)
|
(42)
|
(42)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
Net Income (Common) |
4 506
N/A
|
4 519
+0%
|
4 370
-3%
|
3 104
-29%
|
3 489
+12%
|
3 612
+4%
|
2 853
-21%
|
3 137
+10%
|
3 371
+7%
|
3 164
-6%
|
3 302
+4%
|
2 469
-25%
|
989
-60%
|
657
-34%
|
924
+41%
|
334
-64%
|
672
+101%
|
608
-10%
|
91
-85%
|
1 001
+1 005%
|
1 123
+12%
|
974
-13%
|
1 302
+34%
|
1 700
+31%
|
2 231
+31%
|
4 357
+95%
|
3 831
-12%
|
3 194
-17%
|
2 339
-27%
|
1 306
-44%
|
2 167
+66%
|
2 864
+32%
|
3 415
+19%
|
4 280
+25%
|
4 122
-4%
|
3 751
-9%
|
4 784
+28%
|
2 888
-40%
|
3 649
+26%
|
4 092
+12%
|
4 035
-1%
|
|
EPS (Diluted) |
3.48
N/A
|
3.49
+0%
|
3.38
-3%
|
2.39
-29%
|
2.69
+13%
|
2.78
+3%
|
2.19
-21%
|
2.42
+11%
|
2.6
+7%
|
2.44
-6%
|
2.55
+5%
|
1.83
-28%
|
0.76
-58%
|
0.51
-33%
|
0.71
+39%
|
0.17
-76%
|
0.51
+200%
|
0.46
-10%
|
0.07
-85%
|
0.51
+629%
|
0.89
+75%
|
0.66
-26%
|
0.89
+35%
|
0.77
-13%
|
1.53
+99%
|
2.86
+87%
|
2.52
-12%
|
1.45
-42%
|
1.38
-5%
|
0.77
-44%
|
1.28
+66%
|
1.3
+2%
|
1.55
+19%
|
1.94
+25%
|
1.87
-4%
|
1.7
-9%
|
2.17
+28%
|
1.31
-40%
|
1.66
+27%
|
1.86
+12%
|
1.83
-2%
|