Companhia De Saneamento (SBS) has released an update.
Companhia de Saneamento Básico do Estado de São Paulo – SABESP has published its financial statements for the year ending December 31, 2023, with an independent auditor’s report affirming the fair presentation of its financial position and performance in accordance with Brazilian accounting practices and IFRS. The report highlights the significance of intangible assets and contract assets related to sanitation service concessions, detailing the transition of assets during construction and their amortization upon becoming operational.
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