Unidentified Analyst's questions to Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP (SBS) leadership • Q4 2024
Question
An unidentified analyst asked if the recent reduction in the work-in-progress asset balance is a sustainable trend and what the strategy is for managing these assets going forward.
Answer
CFO Daniel Szlak affirmed the company's intent to continue reducing the balance by removing bottlenecks and prioritizing the completion of existing projects. He noted that while some new, longer-term projects will naturally add to the balance, the key is maintaining discipline to stay within regulatory limits for interest capitalization during construction.