Sabesp Profile - Financial Statements 2005 - Notes to the Financial Statements

Home : Notes to the Financial Statements : Operating Expenses

Operating Expenses

	2005	2004
Cost of sales and services:
Salaries and payroll charges	854,573	806,362
General supplies	105,333	84,489
Treatment supplies	98,823	91,450
Outsourced services	297,469	260,423
Electric power	421,319	396,940
General expenses	40,603	35,044
Depreciation and amortization	572,301	578,672
	2,390,421	2,253,380

Selling expenses:
Salaries and payroll charges	142,687	138,180
General supplies	6,632	6,028
Outsourced services	82,354	66,956
Electric power	941	802
General expenses	46,667	46,025
Depreciation and amortization	3,291	2,952
Bad debt expense, net of recoveries (note 5(c))	255,292	241,577
	537,864	502,520

Administrative expenses:
Salaries and payroll charges	113,030	110,388
General supplies	3,973	3,527
Outsourced services	94,153	94,825
Electric power	1,250	904
General expenses	73,376	60,936
Depreciation and amortization	20,389	17,287
Tax expenses	29,334	25,690
	335,505	313,557

Selling and administrative costs and expenses:
Salaries and payroll charges	1,110,290	1,054,930
General supplies	115,938	94,044
Treatment supplies	98,823	91,450
Outsourced services	473,976	422,204
Electric power	423,510	398,646
General expenses	160,646	142,005
Depreciation and amortization	595,981	598,911
Tax expenses	29,334	25,690
Bad debt expense, net of recoveries	255,292	241,577
	3,263,790	3,069,457

Financial expenses:
Interests and other charges on loans and financing - local currency	526,585	448,955
Interests and other charges on loans and financing - foreign currency	141,844	218,900
Interest on shareholders’ equity (note 15 (e))	348,216	152,935
Interest on shareholders’ equity (reversal)	(348,216)	(152,935)
Other expenses on loans and financing	1,825	282
Income tax on foreign remittances	9,450	(23,786)
Other financial expenses	35,574	41,126
Monetary variations on loans and financing	80,411	76,057
Exchange variations on loans and credit facilities	(312,116)	(179,697)
Other monetary and foreign exchange variations	1,611	21,257
Provisions	76,482	38,483
Total financial expenses	561,666	641,577

Financial income:
Monetary variations	33,958	60,305
Income from financial investments	32,292	23,114
Interest	48,368	57,552
Other	44	1
Total financial income	114,662	140,972

COFINS and PASEP (taxes on financial income)	-	(3,101)
Total financial revenues	114,662	137,871
Financial expenses (income), net	447,004	503,706