ENERGY CO OF MINAS GERAIS
For the period ended Dec 31, 2023. Filed Apr 30, 2024.
View on SEC.govAbout this filing
The yearly report of a company based outside the US. It covers much of what a 10-K does, and may follow accounting rules other than US ones.
FY2023 · Filed Apr 30, 2024
CIG-C$2.82-2.8%Stored close · as of Nov 6, 2026
Contents
COMMITMENTS
Cemig and its subsidiaries have contractual obligations and commitments not yet incurred, therefore not recognized in these financial statements, which mainly include the purchase of electricity, as shown in the table below:
| 2024 | 2025 | 2026 | 2027 | 2028 | 2029 onwards | Total | |
|---|---|---|---|---|---|---|---|
| Purchase of energy from Itaipu | 1,096 | 1,096 | 1,096 | 1,096 | 1,096 | 20,827 | 26,307 |
| Purchase of energy – auctions | 4,661 | 4,099 | 4,218 | 4,342 | 4,575 | 61,220 | 83,115 |
| Purchase of energy – ‘bilateral contracts’ | 491 | 319 | 99 | 20 | - | - | 929 |
| Quotas of Angra 1 and Angra 2 | 384 | 383 | 383 | 385 | 386 | 7,225 | 9,146 |
| Transport of energy from Itaipu | 248 | 258 | 266 | 274 | 251 | 4,555 | 5,852 |
| Other energy purchase contracts | 5,431 | 5,009 | 4,285 | 4,071 | 2,814 | 25,999 | 47,609 |
| Physical quota guarantees | 834 | 738 | 659 | 581 | 581 | 10,699 | 14,092 |
| Total | 13,145 | 11,902 | 11,006 | 10,769 | 9,703 | 130,525 | 187,050 |
The payment flows for leases, loans and suppliers are presented in Explanatory Notes 18 and 31.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.