AES Brasil Energia S A : Dados Econômico-Financeiros

ITR - Quarterly Information - 03/31/2024 - AES BRASIL ENERGIA S.A.	Version: 1
Contents
Company Data
Capital Composition	1
Individual Financial Statements
Statement of financial position - Assets	2
Statement of financial position - Liabilities	3
Statement of Profit or Loss	5
Statement of Comprehensive Income	6
Statement of Cash Flows (Indirect Method)	7
Statement of Changes in Equity
SCE - 01/01/2024 to 03/31/2024	8
SCE - 01/01/2023 to 03/31/2023	9
Statement of Value Added	10
Consolidated Financial Statements
Statement of financial position - Assets	11
Statement of financial position - Liabilities	12
Statement of Profit or Loss	14
Statement of Comprehensive Income	15
Statement of Cash Flows (Indirect Method)	16
Statement of Changes in Equity
SCE - 01/01/2024 to 03/31/2024	18
SCE - 01/01/2023 to 03/31/2023	19
Statement of Value Added	20
Comments on Performance	21
Notes	28
Opinions and Statements

Special Review Report - Unqualified	89
Officers' Statements on the Financial Statements	90
Officers' Statements on the Independent Auditor's Report	91

ITR - Quarterly Information - 03/31/2024 - AES BRASIL ENERGIA S.A.

Version: 1

Company Data / Capital Composition

Number of Shares	Current Quarter
(Unit)	03/31/2024
of Paid-in capital
Common	601,927,311
Preferred	0
Total	601,927,311
Treasury shares
Common	0
Preferred	0
Total	0

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ITR - Quarterly Information - 03/31/2024 - AES BRASIL ENERGIA S.A.

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Individual Financial Statements / Statement of financial position - Assets

(Thousands of Brazilian reais)

Account	Account Description	Current Quarter	Previous Year
Code		03/31/2024	12/31/2023
1	Total Assets	6,327,915	6,493,078
1.01	Current Assets	271,547	363,785
1.01.01	Cash and Cash Equivalents	84	95
1.01.02	Financial Investments	246,825	342,813
1.01.02.01	Financial Investments Measured at Fair Value through Profit or	246,825	342,813
	Loss
1.01.06	Taxes Recoverable	10,989	9,841
1.01.06.01	Current taxes recoverable	10,989	9,841
1.01.06.01.01	Income and social contribution taxes recoverable	10,892	9,841
1.01.06.01.02	Other taxes recoverable	97	0
1.01.08	Other Current Assets	13,649	11,036
1.01.08.03	Other	13,649	11,036
1.01.08.03.01	Guarantees and Restricted Deposits	694	678
1.01.08.03.03	Other receivables	12,955	10,358
1.02	Noncurrent Assets	6,056,368	6,129,293
1.02.01	Long-Term Assets	25,991	21,674
1.02.01.07	Deferred Taxes	6,351	2,081
1.02.01.10	Other Noncurrent Assets	19,640	19,593
1.02.01.10.03	Guarantees and Restricted Deposits	102	74
1.02.01.10.06	Other receivables	1,029	1,010
1.02.01.10.08	Income and social contribution taxes recoverable	18,509	18,509
1.02.02	Investments	6,028,428	6,105,386
1.02.02.01	Equity interest	6,028,428	6,105,386
1.02.03	Property, Plant & Equipment	668	1,001
1.02.03.02	Right of Use in Leases	666	999
1.02.03.02.01	Right of Use of Leased Land	666	999
1.02.03.03	PPE in Progress	2	2
1.02.04	Intangible assets	1,281	1,232
1.02.04.01	Intangible assets	1,281	1,232
1.02.04.01.05	Software and other intangible assets	1,281	1,232

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Individual Financial Statements / Statement of financial position - Liabilities

(Thousands of Brazilian reais)

Account	Account Description	Current Quarter	Previous Year
Code		03/31/2024	12/31/2023
2	Total Liabilities	6,327,915	6,493,078
2.01	Current Liabilities	1,933,249	332,354
2.01.02	Trade accounts payable	762	1,719
2.01.02.01	Domestic suppliers	762	1,719
2.01.03	Tax Obligations	2,316	2,999
2.01.03.01	Federal Tax Obligations	2,316	2,999
2.01.03.01.02	Other Taxes Payable	2,316	2,999
2.01.04	Loans and Financing	1,826,525	243,171
2.01.04.01	Loans and Financing	756,125	200,761
2.01.04.01.02	In Foreign Currency	756,125	200,761
2.01.04.02	Debentures	1,070,400	42,410
2.01.05	Other Obligations	102,950	83,785
2.01.05.02	Other	102,950	83,785
2.01.05.02.01	Dividends and IoE Payable	45,057	45,057
2.01.05.02.06	Other Obligations	2,632	2,220
2.01.05.02.08	Derivative financial instruments	54,488	35,365
2.01.05.02.09	Lease liabilities	773	1,143
2.01.06	Provisions	696	680
2.01.06.01	Provisions for Tax, Social Security, Labor and Civil Contingencies	696	680
2.01.06.01.05	Provision for Legal Proceedings and Others	696	680
2.02	Noncurrent Liabilities	212	1,641,757
2.02.01	Loans and Financing	0	1,603,488
2.02.01.01	Loans and Financing	0	537,955
2.02.01.01.02	In Foreign Currency	0	537,955
2.02.01.02	Debentures	0	1,065,533
2.02.02	Other Obligations	212	38,269
2.02.02.02	Other	212	38,269
2.02.02.02.03	Derivative financial instruments	0	38,131
2.02.02.02.07	Other Obligations	212	138
2.03	Equity	4,394,454	4,518,967
2.03.01	Capital Realized	2,196,958	2,196,958
2.03.01.01	Capital Realized	2,196,958	2,196,958
2.03.02	Capital Reserve	1,259,000	1,258,934
2.03.02.04	Granted Options	1,297	1,231
2.03.02.05	Treasury Shares	-15	-15
2.03.02.07	Capital transaction on the purchase of shares of AES Brasil	-38,375	-38,375
	Operações S.A.
2.03.02.08	Goodwill on issue of shares	-18,230	-18,230
2.03.02.09	Capital increase - private offering of shares	967,678	967,678
2.03.02.10	Partial capitalization of the Subsidiary's Special Goodwill	-30,957	-30,957
	Reserve
2.03.02.11	Merger of AES Tietê Energia shares	377,602	377,602
2.03.04	Income reserves	1,231,057	1,231,057
2.03.04.01	Legal Reserve	40,283	40,283
2.03.04.02	Statutory Reserve	131,966	131,966
2.03.04.04	Unearned Income Reserve	73,749	73,749

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Individual Financial Statements / Statement of financial position - Liabilities

(Thousands of Brazilian reais)

Account	Account Description	Current Quarter	Previous Year
Code		03/31/2024	12/31/2023
2.03.04.10	Investment Reserve	985,059	985,059
2.03.05	Retained earnings/Accumulated losses	-94,098	0
2.03.08	Other Comprehensive Income	-198,463	-167,982
2.03.08.01	Equity valuation adjustments, net of taxes	-159,844	-147,636
2.03.08.02	Merger of AES Tietê Energia shares	-119,824	-119,824
2.03.08.03	Indirect effect of subsidiary's cash flow hedge	-12,311	-3,596
2.03.08.05	Remeasurement of post-employment benefit obligations	30,519	30,519
2.03.08.06	Equity interest repurchase option	76,161	76,653
2.03.08.07	Cash flow hedge	-13,164	-4,098

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Individual Financial Statements / Statement of Profit or Loss

(Thousands of Brazilian reais)

Account	Account Description	Accrued in Current	Accrued in Previous
Code		Year	Year
		01/01/2024 to 03/31/2024	01/01/2023 to 03/31/2023
3.04	Operating Income/Expenses	-54,791	53,696
3.04.02	General and Administrative Expenses	-7,522	-7,548
3.04.04	Other Operating Income	-271	-60
3.04.06	Equity Pickup	-46,998	61,304
3.05	Income Before Finance income (costs) and Taxes	-54,791	53,696
3.06	Finance Income (Costs)	-51,542	-39,755
3.06.01	Finance Income	7,869	25,416
3.06.02	Finance Costs	-59,411	-65,171
3.07	Income Before Income Taxes	-106,333	13,941
3.08	Income and Social Contribution Taxes	27	-7
3.08.02	Deferred	27	-7
3.09	Net Income (Loss) from Continuing Operations	-106,306	13,934
3.11	Income / Loss for the Period	-106,306	13,934

3.99 Earnings per Share - (Brazilian Reais / Share)

3.99.01	Basic Earnings per Share	-0.17661	0.02315
3.99.01.01	Common shares	-0.17661	0.02315
3.99.02	Diluted Earnings per Share	-0.17299	0.02266
3.99.02.01	Common shares	-0.17299	0.02266

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Individual Financial Statements / Statement of Comprehensive Income

(Thousands of Brazilian reais)

Account	Account Description	Accrued in Current	Accrued in Previous
Code		Year	Year
		01/01/2024 to 03/31/2024	01/01/2023 to 03/31/2023
4.01	Net Income for the Period	-106,306	13,934
4.02	Other Comprehensive Income	-18,273	-3,763
4.02.01	Equity pickup on cash flow hedge of subsidiary	-13,216	12,009
4.02.02	Cash flow hedge	-13,309	-16,792
4.02.03	Deferred income and social contribution taxes on cash flow	4,243	5,709
	hedge
4.02.04	Equity interest repurchase option	-492	-615
4.02.05	Deferred income and social contribution taxes	4,501	-4,074
4.03	Comprehensive Income for the Period	-124,579	10,171

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Individual Financial Statements / Statement of Cash Flows (Indirect Method)

(Thousands of Brazilian Reais)

Account	Account Description	Accrued in Current	Accrued in Previous
Code		Year	Year
		01/01/2024 to 03/31/2024	01/01/2023 to 03/31/2023
6.01	Net Cash Flows from Operating Activities	52,060	-609,864
6.01.01	Cash Flows from Operations	40,477	-10,114
6.01.01.01	Net income (Loss) for the period	-106,306	13,934
6.01.01.02	Depreciation and amortization	6,552	6,211
6.01.01.03	Inflation adjustment and exchange difference	-10,239	18,321
6.01.01.04	Provision for (reversal of) legal proceedings and others	16	623
6.01.01.06	Borrowing costs (debt charges) - net of capitalized interest	45,718	44,293
6.01.01.07	Interest on lease liabilities	31	57
6.01.01.09	Income from short-term investments	-7,991	-26,629
6.01.01.10	Equity Pickup	40,782	-67,171
6.01.01.11	Deferred income and social contribution taxes	-27	7
6.01.01.12	Shares and stock options granted	71,941	240
6.01.02	Changes in Assets and Liabilities	-5,070	-1,238
6.01.02.02	Taxes and social contributions to offset	-1,783	-2,990
6.01.02.04	Other receivables	-2,132	38
6.01.02.05	Trade accounts payable	-957	309
6.01.02.11	Other obligations	-198	1,405
6.01.03	Other	16,653	-598,512
6.01.03.01	Payment of interest (debt charges)	-87,930	-72,242
6.01.03.02	Interest paid on lease liabilities	-31	-57
6.01.03.06	(Investments) redemptions of short-term investments	93,869	-528,392
6.01.03.07	Interest redeemed from short-term investments	10,745	2,179
6.02	Net Cash Flows from Investing Activities	-72,398	-1,690
6.02.02	Acquisitions of property, plant and equipment and intangible	-49	-583
	assets
6.02.03	Capital increase in subsidiaries and joint ventures	-72,305	-727
6.02.06	(Investments) redemptions of guarantees and restricted	-44	-380
	deposits
6.03	Net Cash Flows - Financing Activities	20,327	576,566
6.03.01	Inflows from new loans and debentures	0	578,142
6.03.05	Payment of loans and debentures (principal)	0	-1,327
6.03.08	Dividends and interest on equity paid	0	-6
6.03.14	Payment of lease liabilities (principal)	-372	-243
6.03.17	Inflow of subsidiary purchase price adjustment	20,699	0
6.05	Increase (Decrease) in Cash and Cash Equivalents	-11	-34,988
6.05.01	Opening Balance of Cash and Cash Equivalents	95	35,056
6.05.02	Closing Balance of Cash and Cash Equivalents	84	68

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Individual Financial Statements / Statement of Changes in Equity / SCE - 01/01/2024 to 03/31/2024

(Thousands of Brazilian reais)

Account	Account Description	Paid-in Capital	Capital Reserves,	Income Reserve	Retained Earnings or	Other Comprehensive	Equity
Code			Granted Options and		Accumulated Losses	Income
			Treasury Shares
5.01	Opening Balances	2,196,958	1,258,934	1,231,057	0	-167,982	4,518,967
5.02	Adjustments from Previous Years	0	0	0	0	0	0
5.03	Adjusted Opening Balances	2,196,958	1,258,934	1,231,057	0	-167,982	4,518,967
5.04	Capital Transactions with Shareholders	0	66	0	0	0	66
5.04.10	Share-based compensation	0	66	0	0	0	66
5.05	Total Comprehensive Income	0	0	0	-106,306	-18,273	-124,579
5.05.01	Net Income for the Period	0	0	0	-106,306	0	-106,306
5.05.02	Other Comprehensive Income	0	0	0	0	-18,273	-18,273
5.05.02.06	Other comprehensive income	0	0	0	0	-18,273	-18,273
5.06	Internal Changes in Equity	0	0	0	12,208	-12,208	0
5.06.04	Equity valuation adjustments, net of taxes	0	0	0	12,208	-12,208	0
5.07	Closing Balance	2,196,958	1,259,000	1,231,057	-94,098	-198,463	4,394,454

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Individual Financial Statements / Statement of Changes in Equity / SCE - 01/01/2023 to 03/31/2023

(Thousands of Brazilian reais)

Account	Account Description	Paid-in Capital	Capital Reserves,	Income Reserve	Retained Earnings or	Other Comprehensive	Equity
Code			Granted Options and		Accumulated Losses	Income
			Treasury Shares
5.01	Opening Balances	2,196,958	1,259,106	1,090,752	0	-155,638	4,391,178
5.02	Adjustments from Previous Years	0	0	0	0	0	0
5.03	Adjusted Opening Balances	2,196,958	1,259,106	1,090,752	0	-155,638	4,391,178
5.04	Capital Transactions with Shareholders	0	240	0	-6	0	234
5.04.09	Share-based compensation	0	240	0	0	0	240
5.04.14	Payment of dividends	0	0	0	-6	0	-6
5.05	Total Comprehensive Income	0	0	0	13,934	-3,763	10,171
5.05.01	Net Income for the Period	0	0	0	13,934	0	13,934
5.05.02	Other Comprehensive Income	0	0	0	0	-3,763	-3,763
5.05.02.06	Other comprehensive income	0	0	0	0	-3,763	-3,763
5.06	Internal Changes in Equity	0	0	0	12,909	-12,909	0
5.06.04	Equity valuation adjustments, net of taxes	0	0	0	12,909	-12,909	0
5.07	Closing Balance	2,196,958	1,259,346	1,090,752	26,837	-172,310	4,401,583

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