Investments (Tables)

12 Months Ended

Dec. 31, 2023

Investments in subsidiaries, joint ventures and associates reported in separate financial statements [abstract]

Schedule of Percentage of the Company's Equity Interest

	Control	2023		2022
Guanhães Energia S.A. ("Guanhães Energia")	Jointly controlled		222		183
Hidrelétrica Cachoeirão S.A. ("Hidrelétrica Cachoeirão")	Jointly controlled		47		47
Hidrelétrica Pipoca S.A. ("Hidrelétrica Pipoca")	Jointly controlled		47		47
Madeira Energia ("MESA") (3)	Affiliated		-		10
Fundo de Investimento em Participações Melbourne Multiestratégia ("FIP Melbourne") (3)	Affiliated		-		8
Retiro Baixo Energética S.A. ("Retiro Baixo") (4)	Jointly controlled		-		185
Aliança Norte Participações S.A. ("Aliança Norte") (2)	Jointly controlled		536		576
Baguari Energia S.A. ("Baguari Energia") (4)	Jointly controlled		-		160
Aliança Geração de Energia S.A. ("Aliança Geração")	Jointly controlled		1,172		1,194
Amazônia Energia Participações S.A. ("Amazônia Energia") (2)	Jointly controlled		819		886
Paracambi Energética S.A. ("Paracambi") (antiga Lightger)	Jointly controlled		112		134
Transmissora Aliança de Energia Elétrica S.A. ("Taesa")	Jointly controlled		1,565		1,549
UFVs (1)	Jointly controlled		112		128
Total of investments			4,632		5,107
Total			4,632		5,107

(1)Set of photovoltaics business, in which the investee Cemig Sim has a interest.

(2)Indirect interest in the Belo Monte plant through these investees.

(3)On March 20, 2023, Cemig GT completed the sale of its direct and indirect ownership interest in the capital stock of Mesa to Furnas Centrais Elétricas S.A. ("Furnas"). More details will follow in the course of this explanatory note.

(4)Cemig GT concluded the sale of its stake in the share capital of the companies Baguari Energia and Retiro Baixo to Furnas, on October 6 and November 22, 2023, respectively. Further details can be found in this note.

Schedule of Changes in Investments in Subsidiaries Jointly Controlled Entities and Affiliates

Investee	2022		Gain (loss) by equity method (Income statement)			Dividends			Additions / Acquisitions		(Others)			2023
Hidrelétrica Cachoeirão		47		12			(12	)		-		-			47
Guanhães Energia		183		39			-			-		-			222
Hidrelétrica Pipoca		47		15			(15	)		-		-			47
MESA (3)		10		(10	)		-			-		-			-
FIP Melbourne (3)		8		22			-			-		(30	)		-
Paracambi (former Lightger)		134		15			(26	)		-		(11	)		112
Baguari Energia (4)		160		12			(12	)		-		(160	)		-
Amazônia Energia (1)		886		(67	)		-			-		-			819
Aliança Norte (1)		576		(40	)		-			-		-			536
Taesa		1,549		278			(262	)		-		-			1,565
Aliança Geração		1,194		136			(158	)		-		-			1,172
Retiro Baixo (4)		185		5			-			-		(191	)		(1	)
UFV Janaúba Geração de Energia Elétrica Distribuída S.A. ("UFV Janaúba")		3		2			-			-		-			5
UFV Corinto Geração de Energia Elétrica Distribuída S.A. ("UFV Corinto")		8		1			(1	)		-		-			8
UFV Manga Geração de Energia Elétrica Distribuída S.A. ("UFV Manga")		11		2			(1	)		-		-			12
UFV Bonfinópolis II Geração de Energia Elétrica Distribuída S.A. ("UFV Bonfinópolis II")		5		-			-			-		-			5
UFV Lagoa Grande Geração de Energia Elétrica Distribuída S.A. ("UFV Lagoa Grande")		15		2			(2	)		-		-			15
UFV Lontra Geração de Energia Elétrica Distribuída S.A. ("UFV Lontra")		18		2			(2	)		-		-			18
UFV Mato Verde Geração de Energia Elétrica Distribuída S.A. ("UFV Mato Verde")		6		1			(1	)		-		-			6
UFV Mirabela Geração de Energia Elétrica Distribuída S.A. ("UFV Mirabela")		4		1			-			-		-			5
UFV Porteirinha I Geração de Energia Elétrica Distribuída S.A. ("UFV Porteirinha I")		4		1			(1	)		-		-			4
UFV Porteirinha II Geração de Energia Elétrica Distribuída S.A. ("UFV Porteirinha II")		7		1			(1	)		-		-			7
UFV Brasilândia Geração de Energia Elétrica Distribuída S.A. ("UFV Brasilândia")		15		2			(2	)		-		-			15
Apolo I SPE Empreendimentos e Energia S.A. ("UFV Apolo I")		7		-			-			-		(1	)		6
Apolo II SPE Empreendimentos e Energia S.A. ("UFV Apolo I")		-		-			-			6		-			6
G2 Campo Lindo I Energia S.A. ("UFV Campo Lindo I") (2)		8		-			-			10		(18	)		-
G2 Campo Lindo II Energia S.A. ("UFV Campo Lindo II") (2)		9		-			-			10		(18	)		1
G2 Olaria I Energia S.A. ("UFV Olaria I") (2)		8		-			-			10		(18	)		-
Total of investments		5,107		432			(496	)		36		(447	)		4,632
Total		5,107		432			(496	)		36		(447	)		4,632

(1)Indirect participation in Belo Monte Dam through these investees.

(2)On July 20, 2023, control of these investees was acquired and they were consolidated by the Company. Therefore, the Company’s interest in these investees is reflected in the Company’s consolidated assets and liabilities.

(3)On March 20, 2023, Cemig GT completed the sale of its direct and indirect ownership interest in the capital stock of Mesa to Furnas Centrais Elétricas S.A. ("Furnas"). More details will follow in the course of this explanatory note.

(4)The sale of Baguari Energia was completed on October 6, 2023 and the sale of Retiro Baixo was completed on November 22, 2023. The investments writ-off is presented in the "Other" column depicted above .Further details can be found in this note.

Changes in investments in subsidiaries, jointly controlled entities and affiliates:

Investee	2021			Gain (loss) by equity method (Income statement)			Dividends			Additions / Acquisitions		Other			2022
Hidrelétrica Cachoeirão		59			15			(27	)		-		-			47
Guanhães Energia		125			58			-			-		-			183
Hidrelétrica Pipoca		47			16			(16	)		-		-			47
MESA (3)		-			10			-			-		-			10
FIP Melbourne (3) (5)		-			169			-			-		(161	)		8
Paracambi (formely Lightger)		124			17			(7	)		-		-			134
Baguari Energia		168			22			(30	)		-		-			160
Amazônia Energia (4)		933			(47	)		-			-		-			886
Aliança Norte (4)		609			(33	)		-			-		-			576
Ativas		16			(1	)		-			-		(15	)		-
Taesa		1,580			305			(336	)		-		-			1,549
Aliança Geração		1,141			104			(48	)		-		(3	)		1,194
Retiro Baixo		201			22			(38	)		-		-			185
UFV Janaúba Geração de Energia Elétrica Distribuída S.A. (‘UFV Janaúba’)		3			1			(1	)		-		-			3
UFV Corinto Geração de Energia Elétrica Distribuída S.A. (‘UFV Corinto’) (2)		9			2			(2	)		-		(1	)		8
UFV Manga Geração de Energia Elétrica Distribuída S.A. (‘UFV Manga’) (2)		11			3			(2	)		-		(1	)		11
UFV Bonfinópolis II Geração de Energia Elétrica Distribuída S.A. (‘UFV Bonfinópolis II’) (2)		6			1			(1	)		-		(1	)		5
UFV Lagoa Grande Geração de Energia Elétrica Distribuída S.A. (‘UFV Lagoa Grande’) (2)		15			3			(2	)		-		(1	)		15
UFV Lontra Geração de Energia Elétrica Distribuída S.A. (‘UFV Lontra’) (2)		18			4			(3	)		-		(1	)		18
UFV Mato Verde Geração de Energia Elétrica Distribuída S.A. (‘UFV Mato Verde’) (2)		6			1			(1	)		-		-			6
UFV Mirabela Geração de Energia Elétrica Distribuída S.A. (‘UFV Mirabela’) (2)		4			1			(1	)		-		-			4
UFV Porteirinha I Geração de Energia Elétrica Distribuída S.A. (‘UFV Porteirinha I’) (2)		5			1			(1	)		-		(1	)		4
UFV Porteirinha II Geração de Energia Elétrica Distribuída S.A. (‘UFV Porteirinha II’) (2)		7			1			(1	)		-		-			7
UFV Brasilândia Geração de Energia Elétrica Distribuída S.A. (‘UFV Brasilândia’) (2)		15			3			(2	)		-		(1	)		15
Apolo I SPE Empreendimentos e Energia S.A. (‘UFV Apolo I’)		-			1			-			6		-			7
G2 Campo Lindo I Energia S.A. (‘UFV Campo Lindo I’)		-			1			-			7		-			8
G2 Campo Lindo II Energia S.A. (‘UFV Campo Lindo II’)		-			2			-			7		-			9
G2 Olaria I Energia S.A. (‘UFV Olaria I’)		-			1			-			7		-			8
Axxiom		4			(4	)		-			-		-			-
Itaocara		-			(3	)		-			10		(7	)		-
Total investment		5,106			676			(519	)		37		(193	)		5,107
Itaocara - Uncovered liability		(21	)		7			-			14		-			-
MESA (3) - Loss provisions (1)		(162	)		162			-			-		-			-
Total		4,923			845			(519	)		51		(193	)		5,107

(1)In June 2022, the provision related to the Company's contractual obligations assumed with the investee and the other shareholders was reversed. Further details are disclosed in this note.

(2)On May 23, 2022, the reduction of capital stock of these UFVs was approved by means of an Extraordinary General Assembly.

(3)Indirect participation in the Santo Antônio Plant through these investees.

(4)Indirect participation in Belo Monte Dam through these investees.

(5)On September 12, 2022, AGPar made the payment associated with the settlement arising from Arbitral Award CCBC-86/2016 to the Melbourne Fund. Thereafter, the Company recognized the receivable against income. Further details are provided throughout this note.

Investee	2020			Gain (loss) by equity method (Income statement)			Dividends			Additions / acquisitions		Losses on investments			Other			2021
Hidrelétrica Cachoeirão		53			14			(8	)		-		-			-			59
Guanhães Energia		131			(6	)		-			-		-			-			125
Hidrelétrica Pipoca		36			11			-			-		-			-			47
Madeira Energia (Santo Antônio plant)		209			(209	)		-			-		-			-			-
FIP Melbourne (Santo Antônio plant)		158			(158	)		-			-		-			-			-
Lightger		131			5			(12	)		-		-			-			124
Baguari Energia		159			31			(22	)		-		-			-			168
Amazônia Energia (Belo Monte plant)		965			(32	)		-			-		-			-			933
Aliança Norte (Belo Monte plant)		631			(22	)		-			-		-			-			609
Ativas Data Center		17			(1	)		-			-		-			-			16
Taesa		1,467			481			(368	)		-		-			-			1,580
Aliança Geração		1,167			199			(225	)		-		-			-			1,141
Retiro Baixo		195			13			(7	)		-		-			-			201
UFV Janaúba Geração de Energia Elétrica Distribuída		10			1			(2	)		-		-			(6	)		3
UFV Corinto Geração de Energia Elétrica Distribuída		10			-			(1	)		-		-			-			9
UFV Manga Geração de Energia Elétrica Distribuída		11			2			(2	)		-		-			-			11
UFV Bonfinópolis II Geração de Energia Elétrica Distribuída		6			-			-			-		-			-			6
UFV Lagoa Grande Geração de Energia Elétrica Distribuída		15			2			(2	)		-		-			-			15
UFV Lontra Geração de Energia Elétrica Distribuída		17			1			-			-		-			-			18
UFV Mato Verde Geração de Energia Elétrica Distribuída		6			1			(1	)		-		-			-			6
UFV Mirabela Geração de Energia Elétrica Distribuída		4			1			(1	)		-		-			-			4
UFV Porteirinha I Geração de Energia Elétrica Distribuída		6			-			(1	)		-		-			-			5
UFV Porteirinha II Geração de Energia Elétrica Distribuída		7			1			(1	)		-		-			-			7
UFV Brasilândia Geração de Energia Elétrica Distribuída (1)		-			4			(1	)		12		-			-			15
Axxiom Soluções Tecnológicas		4			(2	)		—			2		-			-			4
Total of investments		5,415			337			(654	)		14		-			(6	)		5,106
Itaocara - equity deficit (2)		(30	)		7			-			42		(40	)		-			(21	)
Madeira Energia (Santo Antônio Plant) - provisions to losses (3)		-			(162	)		-			-		-			-			(162	)
Total		5,385			182			(654	)		56		(40	)		(6	)		4,923

(1)Includes the amount of R$2 of the acquisition of the jointly controlled subsidiary UFV Brasilândia.

(2)On December 1, 2021, CEMIG GT injected capital into UHE Itaocara S.A., in the amount of R$40. This amount is proportional to its shareholding interest in the investee and was recognized under Other expenses in the Company’s income statement. Further, R$1 was injected to cover the expenses specified in the 2021 budget of the investee.

(3)A loss was recognized for extension of the contractual obligations which the Company had assumed to the investee and the other shareholders. On December 31, 2021 this amount was R$162.

Schedule of Subsidiaries and Jointly Controlled Entities Percentage by the Company's Ownership Interest

Main information on the subsidiaries, jointly controlled entities and affiliates, not adjusted for the percentage represented by the Company’s ownership interest:

			2023						2022						2021
Investee	Numbers of shares		Cemig interest (%)		Share capital		Equity		Cemig interest (%)		Share capital		Equity		Cemig interest (%)		Share capital		Equity
Cemig Geração e Transmissão		2,896,785,358		100.00		5,474		10,703		100.00		5,474		8,893		100.00		4,124		7,755
Mesa		24,796,536,323		-		-		-		7.53		12,202		229		15.51		10,620		1,492
Hidrelétrica Cachoeirão		35,000,000		49.00		35		96		49.00		35		96		49.00		35		120
Guanhães Energia		548,626,000		49.00		549		419		49.00		549		373		49.00		549		255
Hidrelétrica Pipoca		41,360,000		49.00		41		97		49.00		41		95		49.00		41		95
Baguari Energia		26,157,300,278		-		-		-		69.39		187		231		69.39		187		243
Parajuru		35,000,000		100.00		35		92		100.00		86		158		100.00		86		128
Volta do Rio		180,000,000		100.00		180		208		100.00		275		248		100.00		275		207
Paracambi (antiga Lightger)		79,078,937		49.00		57		83		49.00		79		123		49.00		79		98
Aliança Norte		41,949,320,044		49.00		1,210		1,007		49.00		1,210		1,084		49.00		1,209		1,148
Amazônia Energia (1)		1,322,897,723		74.50		1,323		1,099		74.50		1,323		1,189		74.50		1,323		1,252
Aliança Geração		1,291,582,500		45.00		1,291		2,046		45.00		1,291		2,039		45.00		1,291		1,858
Retiro Baixo		225,350,000		-		-		-		49.90		225		319		49.90		225		346
Itaocara		156,259,500		49.00		207		15		49.00		207		15		49.00		156		(42	)
Cemig Baguari		406,000		100.00		-		-		100.00		-		-		100.00		-		-
CEMIG Geração Três Marias		1,291,423,369		-		-		-		100.00		1,291		1,728		100.00		1,291		1,652
CEMIG Geração Salto Grande		405,267,607		-		-		-		100.00		405		562		100.00		405		527
Cemig Geração Itutinga		151,309,332		100.00		151		228		100.00		151		231		100.00		151		212
Cemig Geração Camargos		113,499,102		100.00		113		168		100.00		113		183		100.00		113		165
Cemig Geração Sul		148,146,505		100.00		148		255		100.00		148		252		100.00		148		215
Cemig Geração Leste		100,568,929		100.00		101		158		100.00		101		168		100.00		101		148
Cemig Geração Oeste		60,595,484		100.00		61		145		100.00		61		126		100.00		61		106
Rosal Energia		46,944,467		100.00		47		112		100.00		47		123		100.00		47		115
Sá Carvalho		361,200,000		100.00		37		92		100.00		37		138		100.00		37		134
Horizontes Energia		10,000,000		100.00		10		32		100.00		39		61		100.00		39		60
Cemig PCH		6,000,000		100.00		6		51		100.00		46		99		100.00		46		90
Cemig Geração Poço Fundo		139,084,745		100.00		139		168		100.00		139		172		100.00		97		114
Empresa de Serviços de Comercialização de Energia Elétrica S.A.		486,000		100.00		-		29		100.00		-		11		100.00	-			8
Cemig Trading		1,000,000		100.00		1		9		100.00		1		6		100.00		1		2
Centroeste		28,000,000		100.00		28		113		100.00		28		120		100.00		28		-
UFV Três Marias		6,887,499		100.00		7		46		100.00	-		-			-		-		-
Cemig Distribuição		2,359,113,452		100.00		6,284		9,121		100.00		5,372		7,105		100.00		5,372		6,943
Taesa		1,033,496,721		21.68		3,042		6,679		21.68		3,042		6,570		21.68		3,042		6,685
Gasmig		409,255,483		99.57		665		1,386		99.57		665		1,373		99.57		665		1,222
Cemig Sim		306,664,742		100.00		307		419		100.00		175		199		100.00		285		297
Sete Lagoas		36,857,080		100.00		37		80		100.00		37		73		100.00		37		65

(1)Indirect participation in Belo Monte Plant through this investee.

Schedule of Acquisition of Equity Interests

The main balances for the affiliated and jointly controlled entities on December 31, 2023

2023	Taesa			Paracambi (formely Lightger)			Hidrelétrica Cachoeirão			Hidrelétrica Pipoca			Aliança Norte (1)
Assets
Current		2,745			24			11			11			-
Cash and cash equivalents		1,144			17			7			6			-
Non-current		14,833			100			86			95			1,015
Total assets		17,578			124			97			106			1,015
Liabilities
Current		1,617			11			7			8			-
Loans		-			9			-			7			-
Non-current		9,282			30			-			1			8
Loans		368			30			-			1			-
Equity		6,679			83			90			97			1,007
Total liabilities and equity		17,578			124			97			106			1,015
Statement of income
Net sales revenue		1,345			60			38			46			-
Cost of sales		(196	)		(16	)		(15	)		(12	)		-
Depreciation and amortization		(6	)		(12	)		(4	)		(4	)		-
Gross income (loss)		1,149			44			23			34			-
General and administrative expenses		(179	)		(2	)		-			(1	)		(77	)
Finance income		370			7			3			3			-
Finance expenses		(1,623	)		(4	)		-			(1	)		-
Operational income (loss)		(283	)		45			26			35			(77	)
Share of (loss) income, net, of subsidiaries and joint ventures		1,181			—			—			-			-
Income tax and social contribution tax		470			(4	)		(2	)		(3	)		-
Net income (loss) for the year		1,368			41			24			32			(77	)
Comprehensive income (loss) for the year
Net income (loss) for the year		1,368			41			24			32			(77	)
Comprehensive income (loss) for the year		1,368			41			24			32			(77	)
(1) At the year ended December 31, 2023, Company has assessed all relevant aspects related to going concern and no triggers of impairment were found.

2023	Guanhães Energia			Amazônia Energia			Aliança Geração			Usina Hidrelétrica Itaocara S.A.
Assets
Current		1,534			-			583			3
Cash and cash equivalents		112			-			348			3
Non-current		4,735			1,108			3,701			12
Total assets		6,269			1,108			4,284			15
Liabilities
Current		143			8			829			-
Loans		69			-			180			-
Non-current		1,151			-			1,767			-
Loans		941			-			993			-
Equity		4,975			1,100			1,688			15
Total liabilities and equity		6,269			1,108			4,284			15
Statement of income
Net sales revenue		60			-			1,149			-
Cost of sales		(39	)		-			(472	)		(1	)
Depreciation and amortization		(21	)		-			(131	)		-
Gross income (loss)		21			-			677			(1	)
General and administrative expenses		-			-			(51	)		-
Finance income		15			-			50			-
Finance expenses		(10	)		-			(171	)		-
Operational income (loss)		26			-			505			(1	)
Share of (loss) income, net, of subsidiaries and joint ventures		-			(83	)		23			-
Income tax and social contribution tax		(7	)					(170	)		-
Net income (loss) for the year		19			(83	)		358			(1	)
Comprehensive income (loss) for the year
Net income (loss) for the year		19			(83	)		358			(1	)
Comprehensive income (loss) for the year		19			(83	)		358			(1	)

The main balances for the affiliated and jointly controlled entities on December 31, 2022

2022	Taesa			Paracambi (formely Lightger)			Hidrelétrica Cachoeirão			Hidrelétrica Pipoca			Retiro Baixo
Assets
Current		2,261			63			15			20			63
Cash and cash equivalents		760			60			11			14			49
Non-current		13,198			109			91			98			338
Total assets		15,459			172			106			118			401
Liabilities
Current		817			11			1			8			25
Loans		1,957			9			-			7			14
Non-current		8,045			38			1			7			45
Loans		372			38			-			7			28
Equity		6,597			123			104			103			331
Total liabilities and equity		15,459			172			106			118			401
Statement of income
Net sales revenue		1,621			62			43			45			77
Cost of sales		(176	)		(17	)		(12	)		(10	)		(4	)
Depreciation and amortization		(9	)		(12	)		(3	)		-			(9	)
Gross income (loss)		1,445			45			31			35			73
General and administrative expenses		(197	)		(2	)		-			(1	)		(3	)
Finance income		652			6			4			3			10
Finance expenses		(1,700	)		(4	)		-			(1	)		(5	)
Operational income (loss)		200			45			35			36			75
Share of (loss) income, net, of subsidiaries and joint ventures		925			-			-			-			-
Income tax and social contribution tax		324			(4	)		(3	)		(3	)		(26	)
Net income (loss) for the year		1,449			41			32			33			49
Comprehensive income (loss) for the year
Net income (loss) for the year		1,449			41			32			33			49
Comprehensive income (loss) for the year		1,449			41			32			33			49

2022	Aliança Norte			Guanhães Energia			Amazônia Energia			Madeira Energia			Baguari Energia
Assets
Current		-			132			-			1,819			83
Cash and cash equivalents		-			3			-			924			10
Non-current		1,092			376			1,191			20,953			205
Total assets		1,092			508			1,191			22,772			288
Liabilities
Current		-			38			2			2,571			25
Loans		-			12			-			655			-
Non-current		8			97			-			19,972			24
Loans		-			80			-			13,546			-
Equity		1,084			373			1,189			229			239
Total liabilities and equity		1,092			508			1,191			22,772			288
Statement of income
Net sales revenue		-			57			-			4,137			81
Cost of sales		-			(45	)		-			(3,451	)		(31	)
Depreciation and amortization		-			(16	)		-			-			(10	)
Gross income (loss)		-			12			-			686			50
General and administrative expenses		(65	)		-			-			(150	)		-
Finance income		-			90			-			361			10
Finance expenses		-			(11	)		-			(3,521	)		-
Operational income (loss)		(65	)		91			-			(2,624	)		60
Share of (loss) income, net, of subsidiaries and joint ventures		-			-			(63	)		-			-
Income tax and social contribution tax		-			(32	)		-			(222	)		(20	)
Net income (loss) for the year		(65	)		59			(63	)		(2,846	)		40
Comprehensive income (loss) for the year
Net income (loss) for the year		(65	)		59			(63	)		(2,846	)		40
Comprehensive income (loss) for the year		(65	)		59			(63	)		(2,846	)		40

2022	Aliança Geração			Usina Hidrelétrica Itaocara S.A.			UFV Janaúba			UFV Corinto			UFV Manga
Assets
Current		724			4			4			2			2
Cash and cash equivalents		449			4			3			1			1
Non-current		3,468			11			17			17			20
Total assets		4,192			15			21			19			22
Liabilities
Current		383			-			2			-			-
Loans		136			-			2			-			-
Non-current		1,489			-			12			1			1
Loans		713			-			11			-			-
Equity		2,320			15			7			18			21
Total liabilities and equity		4,192			15			21			19			22
Statement of income
Net sales revenue		1,109			-			-			6			7
Cost of sales		(608	)		-			5			(1	)		(1	)
Depreciation and amortization		(124	)		-			(1	)		-			-
Gross income (loss)		501			-			5			5			6
General and administrative expenses		(43	)		-			-			-			-
Finance income		61			-			-			-			-
Finance expenses		(109	)		(7	)		(1	)		-			-
Operational income (loss)		410			(7	)		4			5			6
Share of (loss) income, net, of subsidiaries and joint ventures		11			-			-			-			-
Income tax and social contribution tax		(139	)		-			(1	)		(1	)		(1	)
Net income (loss) for the year		282			(7	)		3			4			5
Comprehensive income (loss) for the year
Net income (loss) for the year		282			(7	)		3			4			5
Comprehensive income (loss) for the year		282			(7	)		3			4			5

2022	UFV Bonfinópolis II			UFV Lagoa Grande			UFV Lontra			UFV Olaria 1			UFV Mato Verde			UFV Mirabela
Assets
Current		2			3			4			1			1			1
Cash and cash equivalents		1			1			2			1			1			—
Non-current		12			23			27			13			11			9
Total assets		14			26			31			14			12			10
Liabilities
Current		-			-			1			-			-			-
Loans		-			-			-			-			-			-
Non-current		1			1			1			1			-			-
Loans		-			-			-			1			-			-
Equity		13			25			29			13			12			10
Total liabilities and equity		14			26			31			14			12			10
Statement of income
Net sales revenue		-			8			10			2			4			3
Cost of sales		(1	)		(1	)		(1	)		(1	)		(1	)		(1	)
Depreciation and amortization		-			-			-			(1	)		-			-
Gross income (loss)		(1	)		7			9			1			3			2
General and administrative expenses		-			-			-			-			-			-
Finance income		1			-			-			-			-			-
Finance expenses		-			-			-			-			-			-
Operational income (loss)		-			7			9			1			3			2
Share of (loss) income, net, of subsidiaries and joint ventures		-			-			-			-			-			-
Income tax and social contribution tax		3			(1	)		(1	)		-			-			-
Net income (loss) for the year		3			6			8			1			3			2
Comprehensive income (loss) for the year
Net income (loss) for the year		3			6			8			1			3			2
Comprehensive income (loss) for the year		3			6			8			1			3			2

2022	UFV Porteirinha I			UFV Porteirinha II			UFV Brasilândia			UFV Apolo 1			UFV Campo Lindo 1			UFV Campo Lindo 2
Assets
Current		1			2			3			1			1			1
Cash and cash equivalents		-			1			2			-			-			1
Non-current		11			11			28			8			13			13
Total assets		12			13			31			9			14			14
Liabilities
Current		-			-			4			-			-			-
Loans		-			-			-			-			-			-
Non-current		1			1			1			-			1			1
Loans		1			-			3			-			1			1
Equity		11			12			26			9			13			13
Total liabilities and equity		12			13			31			9			14			14
Statement of income
Net sales revenue		4			4			8			2			3			2
Cost of sales		(1	)		(1	)		(2	)		(1	)		(1	)		(1	)
Depreciation and amortization		-			-			-			-			(1	)		(1	)
Gross income (loss)		3			3			6			1			2			1
General and administrative expenses		-			-			-			-			-			-
Finance income		-			-			1			-			-			-
Finance expenses		-			-			-			-			-			-
Operational income (loss)		3			3			7			1			2			1
Share of (loss) income, net, of subsidiaries and joint ventures		-			-			-			-			-			-
Income tax and social contribution tax		-			-			(1	)		-			-			-
Net income (loss) for the year		3			3			6			1			2			1
Comprehensive income (loss) for the year
Net income (loss) for the year		3			3			6			1			2			1
Comprehensive income (loss) for the year		3			3			6			1			2			1

The main balances for the affiliated and jointly controlled entities on December 31, 2021

2021	Hidrelétrica Itaocara S.A.			Ativas Data Center			Taesa			Axxiom Soluções Tecnológicas			Lightger			Hidrelétrica Cachoeirão
Assets
Current		5			42			2,135			13			35			29
Cash and cash equivalents		5			16			385			4			29			25
Non-current		11			96			13,761			19			120			93
Total assets		16			138			15,896			32			155			122
Liabilities
Current		58			39			1,417			21			11			1
Loans		-			24			16			7			9			-
Non-current		-			19			7,794			2			46			1
Loans		-			14			614			-			46			-
Equity		(42	)		80			6,685			9			98			120
Total liabilities and equity		16			138			15,896			32			155			122
Statement of income
Net sales revenue		-			90			3,472			28			54			37
Cost of sales		(36	)		(85	)		(649	)		(28	)		(26	)		(8	)
Depreciation and amortization		-			(10	)		(9	)		(1	)		(11	)		(3	)
Gross income (loss)		(36	)		5			2,823			-			28			29
General and administrative expenses		-			(7	)		(169	)		(4	)		(1	)		-
Finance income		-			-			34			-			2			2
Finance expenses		(30	)		(3	)		(844	)		(1	)		(11	)		-
Operational income (loss)		(66	)		(5	)		1,844			(5	)		18			31
Share of (loss) income, net, of subsidiaries and joint ventures		-			-			781			-			-			-
Income tax and social contribution tax		-			-			(411	)		-			(3	)		(2	)
Net income (loss) for the year		(66	)		(5	)		2,214			(5	)		15			29
Comprehensive income (loss) for the year
Net income (loss) for the year		(66	)		(5	)		(2.214	)		(5	)		15			29
Equity valuation adjustments		—			—			37			—			—			—
Comprehensive income (loss) for the year		(66	)		(5	)		2,251			(5	)		15			29

2021	Hidrelétrica Pipoca			Retiro Baixo			Aliança Norte			Guanhães Energia			Amazônia Energia			Madeira Energia (1)			Baguari Energia
Assets
Current		18			111			-			15			-			928			72
Cash and cash equivalents		12			99			-			5			-			180			3
Non-current		101			322			1,150			392			1,254			23,286			218
Total assets		119			433			1,150			407			1,254			24,214			290
Liabilities
Current		10			38			-			41			2			2,309			21
Loans		7			14			-			12			-			116			-
Non-current		14			49			2			111			-			20,413			26
Loans		13			41			-			93			-			12,828			-
Equity		95			346			1,148			255			1,252			1,492			243
Total liabilities and equity		119			433			1,150			407			1,254			24,214			290
Statement of income
Net sales revenue		39			70			-			52			-			3,758			77
Cost of sales		(11	)		(25	)		-			(55	)		(2	)		(2,292	)		(9	)
Depreciation and amortization		(3	)		(9	)		-			(18	)		-			(870	)		(11	)
Gross income (loss)		28			45			-			(3	)		(2	)		1,466			68
General and administrative expenses		(2	)		(3	)		(2	)		-			-			(80	)		-
Finance income		-			4			-			-			-			265			4
Finance expenses		(2	)		(5	)		-			(8	)		-			(3,476	)		(4	)
Operational income (loss)		24			41			(2	)		(11	)		(2	)		(1,825	)		68
Share of (loss) income, net, of subsidiaries and joint ventures		-			-			(39	)		-			(42	)		-			-
Income tax and social contribution tax		(1	)		(13	)		—			(2	)		-			1,812			(23	)
Net income (loss) for the year		23			28			(41	)		(13	)		(44	)		(13	)		45
Comprehensive income (loss) for the year		23			28			(41	)		(13	)		(44	)		(79	)		45

(1)The amount of Shareholders’ equity originally disclosed by the investee was adjusted by the Company for the purposes of posting equity income (change in the value of equity in non-consolidated investees), to take into account the modifying subsequent events resulting from the judgments given in the arbitration proceedings to which Saesa is a party. There is more information below in this Note.

2021	Aliança Geração			UFV Janaúba			UFV Corinto			UFV Manga			UFV Bonfinópolis II			UFV Lagoa Grande
Assets
Current		728			1			3			3			2			3
Cash and cash equivalents		378			1			2			2			2			3
Non-current		3,364			18			17			20			12			23
Total assets		4,092			19			20			23			14			26
Liabilities
Current		762			2			1			1			1			-
Loans		101			-			-			-			-			-
Non-current		1,472			12			-			-			-			-
Loans		700			-			-			-			-			-
Equity		1,858			5			19			22			13			26
Total liabilities and equity		4,092			19			20			23			14			26
Statement of income
Net sales revenue		1,096			5			4			6			3			6
Cost of sales		(102	)		(2	)		-			-			-			-
Depreciation and amortization		(157	)		(2	)		(1	)		(1	)		-			(1	)
Gross income (loss)		994			3			4			6			3			6
General and administrative expenses		(44	)		-			(1	)		(1	)		(1	)		(1	)
Finance income		41			-			-			-			-			-
Finance expenses		(233	)		(1	)		-			-			-			-
Operational income (loss)		758			2			3			5			2			5
Income tax and social contribution tax		(252	)		(1	)		-			(1	)		(1	)		(1	)
Net income (loss) for the year		506			1			3			4			1			4
Comprehensive income (loss) for the year		506			1			3			4			1			4

2021	UFV Lontra			UFV Mato Verde			UFV Mirabela			UFV Porteirinha I		UFV Porteirinha II			UFV Brasilândia
Assets
Current		4			1			1			3		1			3
Cash and cash equivalents		3			1			1			2		-			2
Non-current		26			11			9			11		12			27
Total assets		30			12			10			14		13			30
Liabilities
Current		1			1			1			1		1			3
Equity		29			11			9			13		12			27
Total liabilities and equity		30			12			10			14		13			30
Statement of income
Net sales revenue		5			3			2			2		3			5
Depreciation and amortization		(1	)		-			-			-		-			(1	)
Gross income (loss)		5			3			2			2		3			5
General and administrative expenses		(1	)		(1	)		(1	)		-		(1	)		(1	)
Operational income (loss)		4			2			1			2		2			4
Income tax and social contribution tax		(1	)		-			-			-		-			(1	)
Net income (loss) for the year		3			2			1			2		2			3
Comprehensive income (loss) for the year		3			2			1			2		2			3

Schedule of Measurements of Fair Value of Assets and Liabilities

Below is a summary of the preliminary measurement of the fair value of the assets and liabilities acquired:

	Montes Claros photovoltaic plant
– Net equity of the Montes Claros solar plant		20
– Added value (fair value – book value)		1
– Fair value of net assets		21
Goodwill		1
Consideration paid for 100% interest in the Montes Claros solar plant		20

Schedule of Fair Value Off the Contingent Consideration

Assets	Fair value on date of acquisition		Liabilities	Fair value on date of acquisition
Current		-	Current		-
Other current assets		-	Other current liabilities		-
			Non-current		5
Non-current		26	Other non-current liabilities		5
Fixed assets		19
Rights of use – Leasing		5
Intangible assets		2
			Total fair value, net		21

Schedule of Goodwill, Capital Gain and Gain on Fair Value Adjustment of Previous Investment

Goodwill, capital gain and gain on fair value adjustment of previous investment

	UFV Campo Lindo 1	UFV Campo Lindo 2	UFV Olaria 1	UFV Olaria 2	Total
Consideration paid	10	10	10	17	47
Equity adjusted to market value	9	9	8	15	41
Capital gain	2	2	1	1	6
Goodwill	1	1	2	2	6

	UFV Campo Lindo 1		UFV Campo Lindo 2		UFV Olaria 1		Total
Previous investment measured at fair value (a)		10		10		9		29
Investment on acquisition date (b)		7		7		7		21
Gain from adjustment to fair value of previous investment (a - b) (1)		3		3		3		9

(1)The gain on the fair value adjustment of the previous holding was recognized under "Fair value adjustment of investments" in the Income Statement.

Schedule of Sale a Capital Gain Recognized

As a result of the sale a capital gain was recognized in March 2023, as follows:

Parent company e Consolidated
Direct participation:	4.1422	%
Indirect participation:	3.3837	%
Selling price:	736
Direct participation (1):	30
Indirect participation (1):	25
	55
Investment cost (2):	-

Schedule of Assets Held for Sale at Book Value

In April 2023 the assets were classified as held for sale, at book value, in accordance with IFRS 15, thus having no effect on net profit.

Assets classified as held for sale	Book value on Apr. 30, 2023 - R$ thousand		Fair value net of selling expenses - R$ thousand
Baguari Energia		160		392
Retiro Baixo		190		200
Total		350		592

Schedule of Conclusion of the Transaction Cost Recognized the Following Accounting Effects

As a result of conclusion of the transaction, the Company recognized the following accounting effects, in October 2023:

Stake held by Cemig GT	69.39	%
Total sale price	421
Value of asset held for sale on Sep. 30, 2023	(160	)
Corporate capital gain (1) (a)	261
Tax capital gain net of selling expenses (2)	248
IRPJ and CSLL (b)	(84	)
Tax capital gain net of taxes (1)	164
Net impact on the Income Statement (a + b)	177

(1)The effects of the disposal will be reported in the net profit for the operational segment of Equity holdings, in the note 5.

(2)Sales expenses totaled R$1 and its refers to accounting, tax and legal due diligence services, and legal advice.

As a result of concluding the transaction, Cemig GT recognized the following accounting effects in November 2023:

Stake held by Cemig GT	49.9	%
Total sale price	218
Value of asset held for sale on Nov. 30, 2023	191
Corporate capital gain (1) (a)	27
Tax capital gain net of selling expenses	6
IRPJ and CSLL (b)	(2	)
Tax capital gain net of taxes (1)	4
Net impact on the Income Statement (a + b)	25