v3.26.1
Consolidated Statements of Financial Position - BRL (R$)
R$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current Assets    
Cash and cash equivalents R$ 4,663,226 R$ 1,682,606
Financial investments 7,707,745 3,699,694
Trade receivables 4,413,449 3,894,557
Accounts receivable from related parties 276,388 319,546
Inventories 22,061 10,818
Restricted cash 9,575 37,715
Taxes Recoverable 1,295,310 800,811
Derivative financial instruments 67,440
Assets held for sale 26,864
Other assets 141,892 95,673
Total current assets 18,556,510 10,608,860
Non-Current Assets    
Financial investments 769,057
Trade receivables 258,544 327,798
Accounts receivable from related parties 862,782 908,875
Escrow Deposits 120,021 139,222
Water and Basic Sanitation National Agency - ANA 2,250 1,993
Other assets 31,259 135,227
Investments 254,358 215,803
Investment properties 49,933 46,630
Contract assets and other concession assets 11,018,516 4,877,667
Financial asset of the concession 21,665,330 17,601,626
Intangible assets 50,492,473 44,771,124
Property, plant and equipment 890,791 561,548
Total non-current assets 85,646,257 70,356,570
Total Assets 104,202,767 80,965,430
Current Liabilities    
Trade payables and contractors 2,400,046 766,609
Services payable 2,772,416 1,438,507
Borrowings and financing 5,092,816 3,133,850
Labor and social obligations 699,629 1,286,193
Taxes and contributions payable 615,592 591,271
Deferred PIS/Cofins taxes 89,049
Dividends and interest on capital payable 2,059,850 2,275,890
Provisions 1,370,013 1,546,185
Public-Private Partnership - PPP 469,687 452,323
Derivative financial instruments 661,421
Performance Agreements 120,776 287,109
Other liabilities 201,619 194,308
Total current liabilities 16,552,914 11,972,245
Non-Current Liabilities    
Borrowings and financing 35,049,531 22,124,447
Deferred income and social contribution taxes 3,129,908 2,661,891
Deferred PIS/Cofins 1,191,916 1,117,804
Provisions 533,399 895,495
Pension plan obligations 2,140,161 1,931,145
Public-Private Partnership - PPP 2,856,008 2,853,896
Performance Agreements 6,151 137,441
Other liabilities 341,655 343,012
Total non-current liabilities 45,248,729 32,065,131
Total liabilities 61,801,643 44,037,376
Equity    
Capital stock 21,210,000 15,000,000
Capital reserves 30,219
Earnings reserves 21,518,212 21,647,715
Treasury shares (475,385)
Equity valuation adjustments 118,078 280,339
Total equity 42,401,124 36,928,054
Total Liabilities and Equity R$ 104,202,767 R$ 80,965,430