Strong Balance Sheet to Support Growth
Cemig at a Glance
Based in State of Minas Gerais, controlling shareholder
Assets in 23 Brazilian states
Strong financial profile:
-
3Q16
Net revenues: R$14.1 B
EBITDA: R$2.5 B
-
3Q15 Net revenues: R$16,1 B
EBITDA: R$4.5 B
Highest liquidity in the sector
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-
listed on 3 stock exchanges New York, São Paulo, Madrid
More than 120,000 shareholders in more than 40 countries
Average Daily Trading Volume in 2016, up to September 30th
R$54.1M in Bovespa and US$9.7M in NYSE
Solid dividend policy
-
-
Minimum 50% payout ratio
Every two years, may pay extra dividends, if cash conditions permit
Shareholder Structure:
MINAS
GERAIS
GOVERNO
ON - 51%
DE
TODOS
Other
stockholders
AGC Energia S.A.
BNDESPAR
PN -0%
ON-20% PN -3%
ON -13%
PN-3%
ON-16%
PN - 94%
CEMIG
A Melhor Energia do Brasil.
CEMIG
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