EDP Energias do Brasil S A : Dados Econômico-Financeiros

August 10, 2023 at 06:02 pm EDT

EDP - Energias do Brasil S.A.

Interin Accounting Information

Period ended June 30, 2023 and 2022

EDP - ENERGIAS DO BRASIL S.A.

BALANCE SHEETS AT (In thousands of reais)

			Parent company		Consolidated
	Note	06/30/2023	12/31/2022	06/30/2023	12/31/2022
ASSETS
Current assets
Cash and cash equivalents	5		645,746	971,534	2,151,670	4,197,196
Securities	6					88,340	1,952
Accounts receivable	7					2,279,225	2,445,137
Recoverable income tax and social contribution	9		48,714	99,731	99,512	238,560
Other recoverable taxes	9		78,344	61,416	324,597	456,679
Deferred PIS and COFINS	10.1					137,746	139,427
Loans receivable	11					2,010
Derivative financial instruments	37.1.2		60,022	8,918	67,288	13,463
Dividends	14		1,118,775	516,028	110,488	71,004
Inventory	12					162,622	275,722
Pledges and restricted deposits	13		350	350	4,553	19,782
Sectoral financial assets	8					34,231	80,687
Concession assets	21					746,978	700,042
Future commitments	15					1,233,224	1,347,737
Other credits	16		32,116	33,378	301,028	316,639
			1,984,067		1,691,355		7,743,512	10,304,027
Non-current assets held for sale	17		682,600				2,162,530
Total current assets			2,666,667		1,691,355		9,906,042	10,304,027
Non-current assets
Indemnifiable financial assets	20					6,500,355	5,706,847
Concession assets	21					7,780,267	7,483,925
Accounts receivable	7					226,172	227,962
Securities	6		4,170	4,197	11,586	6,697
Recoverable income tax and social contribution	9					85,478	99,234
Other recoverable taxes	9					468,276	433,092
Deferred income tax and social contribution	10					319,119	558,280
Deferred PIS and COFINS	10.1					156,249	87,368
Loans receivable	11		391,768	316,408	14,532	14,689
Derivative financial instruments	37.1.2					181,571	66,824
Advance on future capital increase	11		69,650	241,980
Pledges and restricted deposits	13		17,065	16,503	504,733	471,746
Sectoral financial assets	8					75,404	72,641
Future commitments	15					1,160,607	754,187
Other credits	16		41,950	47,918	37,086	30,522
			524,603		627,006		17,521,435	16,014,014
Investments	18		7,934,756	9,450,419	2,444,872	2,409,755
Investment properties	22		9,484	9,484	63,853	63,858
Property, plant and equipment	23		58,081	60,510	2,953,821	4,656,890
Intangible assets	24		63,315	56,055	3,519,832	3,552,648
			8,065,636		9,576,468		8,982,378	10,683,151
Total non-current assets			8,590,239		10,203,474		26,503,813	26,697,165

TOTAL ASSETS			11,256,906	11,894,829	36,409,855	37,001,192

See the accompanying notes to the interim accounting information.

EDP - ENERGIAS DO BRASIL S.A.

BALANCE SHEETS AT (In thousands of reais)

			Parent company		Consolidated
	Note	06/30/2023	12/31/2022	06/30/2023	12/31/2022
LIABILITIES
Current liabilities
Suppliers	25		19,229	42,471	1,358,167	1,486,113
Income tax and social contribution payable	9					115,794	211,838
Other taxes payable	9		29,015	148,346	333,388	433,864
Other deferred assets	10					1,178	1,079
Deferred PIS and COFINS	10.1					224,797	161,454
Dividends	14		5,405	558,012	217,256	731,665
Debentures	26		26,764	22,308	2,873,140	1,412,755
Loans, financing and debt charges	27					2,128,061	1,678,112
Derivative financial instruments	37.1.2		60,022	8,918	437,287	164,823
Post-employment benefits	28					79,452	79,566
Sector charges	29					109,414	110,439
Use of Public Property						48,452	46,082
Refund for unavailability								500
Provisions	30					75,503	87,946
Sectoral financial liabilities	8					860,171	1,039,653
Future commitments	15					1,021,732	1,120,243
Other accounts payable	16		93,293	98,880	434,919	385,953
			233,728		878,935		10,318,711		9,152,085
Non-current liabilities held for sale	17						1,417,682
Total current liabilities			233,728		878,935		11,736,393		9,152,085
Non-current liabilities
Other taxes payable	9		3,363	6,055	259,320	272,352
Deferred income tax and social contribution	10		202,715	203,646	1,248,561	1,174,637
Deferred PIS and COFINS	10.1		241	210	769,752	737,883
Debentures	26		23,185	25,985	6,600,177	7,822,488
Loans, financing and debt charges	27					627,986	3,127,081
Derivative financial instruments	37.1.2							157,815
Post-employment benefits	28					776,267	699,450
Sector charges	29					3,345	2,098
Use of Public Property						456,095	484,370
Provisions	30		27,603	27,941	709,436	669,067
Provision for unsecured liabilities	18		261	38	6,906	4,070
Sectoral financial liabilities	8					196,792	117,094
Future commitments	15					922,160	524,899
Other accounts payable	16		20,760	26,108	125,758	160,044
Total non-current liabilities			278,128		289,983		12,702,555		15,953,348
SHAREHOLDERS' EQUITY
Capital	31.1		6,002,716	5,502,716	6,002,716	5,502,716
Capital reserves			118,082	127,375	118,082	127,375
Revenue reserves			5,301,489	5,953,946	5,301,489	5,953,946
Other comprehensive income			(642,039)	(546,220)	(642,039)	(546,220)
Treasury shares	31.3		(299,270)	(311,906)	(299,270)	(311,906)
Retained earnings			264,072			264,072
			10,745,050		10,725,911		10,745,050		10,725,911
Non-controlling shareholders	31.4						1,225,857		1,169,848
Total shareholders' equity			10,745,050		10,725,911		11,970,907		11,895,759

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY			11,256,906	11,894,829	36,409,855	37,001,192

See the accompanying notes to the interim accounting information.

EDP - ENERGIAS DO BRASIL S.A.

STATEMENTS OF INCOME

SIX-MONTH PERIODS ENDED JUNE 30

(Amounts expressed in thousands of Reais, unless otherwise indicated)

				Parent company						Consolidated
		Changes in the period		Accumulated in the period		Changes in the period		Accumulated in the period
		04/01/2023-		04/01/2022-		01/01/2023-		01/01/2022-		04/01/2023-		04/01/2022-	01/01/2023-	01/01/2022-
	Note	06/30/2023		06/30/2022		06/30/2023		06/30/2022		06/30/2023		06/30/2022	06/30/2023	06/30/2022
Revenue	32	1,189	799	4,001	2,362	4,077,339	4,065,139	8,392,396	8,176,250
Costs	33
Electricity services cost									(2,014,132)	(1,897,333)	(3,972,270)	(3,925,128)
Cost of production for electricity									(40,861)	(101,361)	(88,185)	(107,914)
Cost of operation									(369,588)	(384,792)	(753,365)	(718,597)
Cost of service rendered to third-parties										(533,863)		(498,397)	(1,105,553)	(924,034)
		-		-		-		-		(2,958,444)		(2,881,883)	(5,919,373)	(5,675,673)
Gross profit		1,189	799	4,001	2,362	1,118,895	1,183,256	2,473,023	2,500,577
Operating expenses and income	33
Estimated loss from allowance for doubtful accounts - PECLD									(35,029)	(42,348)	(74,290)	(84,837)
General and administrative expenses		(42,303)	(37,116)	(74,916)	(62,164)	(177,531)	(195,928)	(331,480)	(334,281)
Gain in the sale of investments			(410)							(410)
Other expenses and operating income, net		(594,234)		(7,435)		(595,642)		(9,064)		(649,888)		(36,759)	(696,054)	(76,445)
		(636,537)		(44,961)		(670,558)		(71,228)		(862,448)		(275,445)	(1,101,824)	(495,563)
Income (loss) from ownership interest	18	368,507		438,134		839,942		983,566		83,726		88,508	131,198	128,445
Income before financial result and taxes		(266,841)	393,972	173,385	914,700	340,173	996,319	1,502,397	2,133,459
Financial result	34
Financial income		46,409	4,763	105,050	32,699	196,952	239,946	410,450	396,719
Financial expenses		(6,228)		(13,543)		(10,938)		(25,547)		(567,650)		(657,541)	(1,187,838)	(1,162,698)
		40,181		(8,780)		94,112		7,152		(370,698)		(417,595)	(777,388)	(765,979)
Income before income taxes		(226,660)	385,192	267,497	921,852	(30,525)	578,724	725,009	1,367,480
Income taxes	35

Income tax and social contribution - current

Deferred income tax and social contribution

Net income for the period
Attributable to controlling shareholders
Attributable to non-controlling interests
Earnings per share attributable to shareholders	36
Basic earnings per share (reais/shares)

3,436	(3,993)	(5,666)	(17,815)	(130,985)	(137,945)	(296,840)	(335,542)
470		(88)		2,241		(128)		(9,330)		(21,770)	(68,555)	(52,818)
3,906		(4,081)		(3,425)		(17,943)		(140,315)		(159,715)	(365,395)	(388,360)
(222,754)		381,111		264,072		903,909		(170,840)		419,009	359,614	979,120

(222,754)	381,111	264,072	903,909	(222,754)	381,111	264,072	903,909
							51,914	37,898	95,542	75,211

Common shares	(0.19679)	0.66813	0.46658	1.57703	(0.19679)	0.66813	0.46658	1.57703
Diluted earnings per share (reais/shares)
Common shares	(0.20309)	0.66678	0.48651	1.56994	(0.20309)	0.66678	0.48651	1.56994

See the accompanying notes to the interim accounting information.

Net income for the period

Other comprehensive income

Items that will not be reclassified to profit or loss

Actuarial gains and losses - Post-employment benefit plan

Equity accounting on other comprehensive income of subsidiaries

Deferred income tax and social contribution

Items that will be reclassified to profit or loss Cash flow hedge

Deferred income tax and social contribution

Comprehensive income for the period

Attributable to controlling shareholders

Attributable to non-controlling interests

EDP - ENERGIAS DO BRASIL S.A.

STATEMENTS OF COMPREHENSIVE INCOME

SIX-MONTH PERIODS ENDED JUNE 30

(In thousands of reais)

		Parent company						Consolidated
Changes in the period		Accumulated in the period		Changes in the period		Accumulated in the period
04/01/2023-		04/01/2022-		01/01/2023-		01/01/2022-		04/01/2023-		04/01/2022-	01/01/2023-	01/01/2022-
06/30/2023		06/30/2022		06/30/2023		06/30/2022		06/30/2023		06/30/2022	06/30/2023	06/30/2022
(222,754)	381,111	264,072	903,909	(170,840)	419,009	359,614	979,120
							(75,755)	91,051	(83,306)	91,096
(55,181)	83,462	(95,819)	63,245	1	(5)	(30,291)	64,979
								25,757		(30,956)	28,325	(30,971)
(55,181)		83,462		(95,819)		63,245		(49,997)		60,090	(85,272)	125,104
							(7,856)	35,412	(15,982)	(93,726)
								2,672		(12,040)	5,435	31,867
-		-		-		-		(5,184)		23,372	(10,547)	(61,859)
(277,935)		464,573		168,253		967,154		(226,021)		502,471	263,795	1,042,365

(277,935)	464,573	168,253	967,154	(277,935)	464,573	168,253	967,154
							51,914	37,898	95,542	75,211

See the accompanying notes to the interim accounting information.

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EDP - Energias do Brasil SA published this content on 10 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2023 22:01:18 UTC.

	1st Jan change	Capi.
NEXTERA ENERGY	+15.48%	144B
SOUTHERN COMPANY	+8.17%	82.94B
IBERDROLA, S.A.	-2.49%	78.45B
DUKE ENERGY CORPORATION	+3.32%	77.35B
ENEL S.P.A.	-7.13%	68.38B
CONSTELLATION ENERGY CORPORATION	+66.70%	61.4B
AMERICAN ELECTRIC POWER COMPANY, INC.	+9.09%	46.7B
GE VERNOVA INC.	0.00%	45.57B
DOMINION ENERGY, INC.	+9.36%	43.08B

1st Jan change

Capi.

NEXTERA ENERGY

+15.48%

144B

SOUTHERN COMPANY

+8.17%

82.94B

IBERDROLA, S.A.

-2.49%

78.45B

DUKE ENERGY CORPORATION

+3.32%

77.35B

ENEL S.P.A.

-7.13%

68.38B

CONSTELLATION ENERGY CORPORATION

+66.70%

61.4B

AMERICAN ELECTRIC POWER COMPANY, INC.

+9.09%

46.7B

GE VERNOVA INC.

0.00%

45.57B

DOMINION ENERGY, INC.

+9.36%

43.08B

EDP - Energias do Brasil S.A. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 26	CI
Actis LLP acquired 743km Brazilian transmission line from EDP Brasil from EDP Energias do Brasil S.A.	Feb. 20	CI
An unknown group of Brazilian investors completed the acquisition of 80% stake in Porto do Pecém Geração de Energia S.A. from EDP Energias do Brasil S.A.	Dec. 21	CI
EDP Energias do Brasil S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Oct. 31	CI
An unknown group of Brazilian investors signed a Sale and Purchase Agreement to acquire 80% stake in Porto do Pecém Geração de Energia S.A. from EDP Energias do Brasil S.A. for a transaction valued at BRL 1.9 billion.	23-09-19	CI
Portugal's EDP first-half profit up 43% as hydropower recovers	23-07-27	RE
EDP Energias do Brasil S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-07-26	CI
EDP - Energias do Brasil S.A.(BOVESPA:ENBR3) dropped from FTSE All-World Index	23-07-18	CI
EDP - Energias do Brasil S.A.(BOVESPA:ENBR3) dropped from S&P Global BMI Index	23-07-18	CI
EDP - Energias de Portugal, S.A. completed the acquisition of 32% stake in EDP - Energias do Brasil S.A. for BRL4.3 billion .	23-07-11	CI
EDP - Energias do Brasil S.A.(BOVESPA:ENBR3) dropped from Brazil Corporate Sustainability Index	23-07-11	CI
EDP - Energias do Brasil S.A.(BOVESPA:ENBR3) dropped from Brazil Small Cap Index	23-07-11	CI
EDP - Energias do Brasil S.A.(BOVESPA:ENBR3) dropped from Brazil IBOVESPA Index	23-07-11	CI
EDP - Energias do Brasil S.A.(BOVESPA:ENBR3) dropped from Brazil Special Corporate Governance Stock Index	23-07-11	CI
EDP - Energias do Brasil S.A.(BOVESPA:ENBR3) dropped from Brazil Electric Power Index	23-07-11	CI
EDP - Energias do Brasil S.A.(BOVESPA:ENBR3) dropped from Brazil Special Tag Along Stock Index	23-07-11	CI
EDP - Energias do Brasil S.A.(BOVESPA:ENBR3) dropped from Brazil IBRX Index	23-07-11	CI
Power grids not yet ready for 'flying cars', says Brazil's Eve	23-06-30	RE
CPFL, Equatorial eye acquisition of Enel-owned power distributor in Brazil	23-05-23	RE
Transcript : EDP - Energias do Brasil S.A., Q1 2023 Earnings Call, May 04, 2023	23-05-04
EDP - Energias do Brasil S.A. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-03	CI
Trending : EDP Outlines 2026 Plan, Bids for Full Ownership of Brazil Subsidiary	23-03-02	DJ
Portugal's EDPR to invest $22.34 billion until 2026, push green growth	23-03-02	RE
EDP - Energias de Portugal, S.A. made an offer to acquire 42.45% stake in EDP - Energias do Brasil S.A. for BRL 5.7 billion.	23-03-01	CI
EDP - Energias do Brasil S.A. Reports Earnings Results for the Full Year Ended December 31, 2022	23-02-26	CI

EDP - Energias do Brasil S.A.

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EDP Energias do Brasil S A : Dados Econômico-Financeiros

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