Debt Profile

Debt Profile

The Company’s consolidated gross debt on December 31, 2020 was R$ 15,020,558, or R$ 224,527 higher than at the end of 2019, mainly reflecting the loss in value of the Real, which resulted in an increase of R$ 1.76 billion in the dollar-denominated debt in the period.

However, all the parameters that measure the company’s financial health are at very comfortable levels, such as the ratio between debt and Ebitda, which reached 1.28 times. Cemig’s financial management policy seeks to ensure sustained growth and the creation of value for shareholders, acting in a way that maximizes the financial result:

  • Indebtedness seeks to maximize the benefits of the capital structure;
  • Reduced weighted average cost of capital;
  • Expansion of access to the financial market;
  • Combination of reduced costs with extended terms;
Consolidated Debt
Consolidated 2021 2022 2023 2024 2025 2026 Total
Currency
US dollar 60,932 7,804,752 7,865,684
Total, currency denominated 60,932 7,804,752 7,865,684
Index  
IPCA 1,043,057 614,759 247,911 340,706 1,138,430 1,478,224 4,863,087
UFIR/RGR 3,414 3,265 2,379 9,058
CDI 911,055 569,535 560,000 270,000 2,310,590
URTJ/TJLP 52,758 19,968 72,726
Total by index 2,010,284 1,207,527 810,290 610,706 1,138,430 1,478,224 7,255,461
(-) Custos de transação (11,901) (791) (772) (18,415) (5,302) (19,792) (56,973)
(±) Recursos antecipados (25,314) (25,314)
(-) Deságio (9,150) (9,150) (18,300)
Overall total 2,059,315 1,206,736 809,518 8,371,729 1,123,978 1,449,282 15,020,558

Debt Profile

 

 

 

Last Update August 26, 2021
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