Company Information

  

Address: AVENIDA BARBACENA 1200
30190 131 BELO HORIZONTE 
City: MINAS GERAIS BRAZIL 
State:  
Zip Code: 30190 
Telephone: 212-259-8000 

Description of Business

Primary SIC Code: 4911
(As filed with the SEC)  

CEMIG was established on May 22, 1952 in Minas Gerais, Brazil as a sociedade por ações de economia mista (a state-controlled mixed capital company) with indefinite duration, pursuant to Minas Gerais State Law No. 828 of December 14, 1951 and its implementing regulation, Minas Gerais State Decree No. 3,710 of February 20, 1952. The Company's full legal name is Companhia Energética de Minas Gerais - CEMIG, but is also known as CEMIG. Our headquarters are located at Avenida Barbacena, 1200, Belo Horizonte, Minas Gerais, Brazil. Our main telephone number is +55 (31) 3506-3711.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
12/20160.020.068114.00

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.05Total Liab/Total Assets0.69
Net Inc/Total Assets0.01Total Liab/Inv Cap1.18
Net Inc/Inv Cap0.01Total Liab/Comm Equity4.62
Pretax Inc/Net Sales0.02Interest Coverage Ratio0.73
Net Inc/Net Sales0.02Curr Debt/Equity0.46
Cash Flow/Net Sales0.06LTD/Equity0.87
SG&A/NetSales0.08Total Debt/Equity1.33
Asset Utilization   Liquidity  
Net Receivables Turnover4.68Quick Ratio0.72
Inventory Turnover369.50Current Ratio0.72
Inventory Day Sales0.81Net Rec/Curr Assets0.53
Net Sales/Work Cap-5.94Inv/Curr Assets0.01
Net Sales/PP&E4.97  

Income Statement (Millions)

  12/31/2016 12/31/2015 12/31/2014 12/31/2013
Total Revenues(Net Sales) 5,768.00 5,527.00 7,372.00 6,200.00
Cost of Goods Sold 4,434.00 3,989.00 4,816.00 4,174.00
Selling & Admin Exps 453.00 633.00 619.00 586.00
Operating Income 881.00 905.00 1,936.00 1,439.00
Interest Exp 761.00 557.00 637.00 506.00
Pretax Income 113.00 850.00 1,685.00 1,718.00
Other Income 86.00 402.00 307.00 461.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 103.00 624.00 1,180.00 1,316.00

Balance Sheet (Millions)

Assets 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Cash & Short Term Investments 730.00 847.00 708.00 1,329.00
Receivables - Total 1,352.00 1,111.00 1,026.00 1,127.00
Inventories - Total 15.00 9.00 15.00 16.00
Total Current Assets 2,546.00 2,370.00 2,466.00 2,827.00
Net Property, Plant & Equipment 1,160.00 996.00 2,086.00 2,466.00
Total Assets 12,915.00 10,327.00 13,167.00 12,637.00
Liabilities        
Accounts Payable 1,356.00 1,267.00 1,777.00 1,497.00
Debt in Current Liabilities 1,839.00 1,908.00 1,990.00 948.00
Total Current Liabilities 3,517.00 3,305.00 3,808.00 2,510.00
Long-Term Debt 3,455.00 2,500.00 3,499.00 3,471.00
Total Liabilities 8,943.00 7,045.00 8,923.00 7,280.00
Stockholder's Equity        
Minority Interest 1.00 1.00 2.00 0.00
Preferred Stock NA NA NA NA
Common Stock 1,934.00 1,591.00 2,368.00 2,668.00
Retained Earnings NA NA NA NA
Treasury Stock NA NA NA NA
Total Stockholders' Equity 3,973.00 3,282.00 4,244.00 5,357.00
Total Liabilities and Stockholders' Equity 12,916.00 10,327.00 13,167.00 12,637.00

Cash Flow Summary (Millions)

Categories 12/31/2016 12/31/2015 12/31/2014 12/31/2013
Net Cash Provided by Operating Activities 373.00 760.00 1,405.00 1,490.00
Net Cash Provided by Investing Activities -189.00 -813.00 -1,617.00 1,061.00
Net Cash Provided by Financing Activities -163.00 62.00 -282.00 -2,431.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20126,905.002,086.00--
12/20136,200.001,316.00--
12/20147,372.001,180.00--
12/20155,527.00624.00--
12/20165,768.00103.000.02
Growth Rates-4.40-52.86--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1713880,7609.64




Report Date : 10/16/2017

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