Companhia de saneamento Basico Do Estado De Sao Paulo - Sabesp (SBS)

SBS » Topics » 6.2 Pos itive monetary variation

This excerpt taken from the SBS 6-K filed Jan 12, 2009.

6.2 Pos itive monetary variation

The positive monetary variations presented an increase of R$353.9 million, due mainly to:

  • Update of R$344.6 million of uncontroversial amounts referring to the supplement of pension pursuant to the Third Amendment of the GEPS (Go vernment of the State of São Paulo) Agreement, and

  • Agreements for installment payment of clients and on past due accounts received as a result of the risk contracts of R$9.2 million.
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