Sustainability r e p o r t - Sabesp

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Caixa Econômica Federal (CEF)In 2009, we entered into a financing agreement for the construction of a landfillin the municipality of São João da Boa Vista. Total investment is R$8.5 million, ofwhich R$8.1 million is financed and R$424,000 is our counterpart funding.We are negotiating with CEF the issue of public securities (debentures) to raisefunds for the Water & Waste Portfolio of the Severance pay Fund (FGTS). Thefunds should be used to finance part of the Investment Plan. Total issuanceshould reach R$500 million and our counterpart funding will be US$50 million,totaling an investment of US$550 million.The quotation of our American Depositary Receipts (ADRs) appreciated by 62percent and closed at US$39.12, and financial volume traded on the NYSE in2009 was US$2.5 billion.Table 17: Capital Structure on Dec 31, 2009 (%)24,025,7National Bank for Economic and Social Development (BNDES)In 2009, we filed with BNDES a simple debenture subscription agreementfor private placement. The funds will be used for the following projects: LossReduction Program – Stage One, Rio Grande Water Treatment Plant, North Shore,Vale do Paraíba and Mantiqueira and Bacia do Piracicaba, Capivari, and Jundiaí.The debentures will be subscribed in three issuances, each of which amountingto R$275.4 million, totaling R$826.1 million. The 1st Issue was conducted inDecember 2009, and the 2nd and 3rd issues are scheduled for 2010 and 2011,respectively.Early 2010, we entered into with BNDES a financing agreement for the OndaLimpa Program – Stage Two. The financing amount is approximately US$294million and funds will be used to perform the works and services in the SantosMetropolitan Region.Capital MarketsIn a year of recovering share prices, our share traded on BM&FBovespa closed2009 quoted at R$34.38, a 23.8 percent appreciation as compared to the endof 2008. The financial volume and the trading in our shares totaled R$2.5 billionin 2009 and an average daily trading 28 percent higher than in 2008 with 1,082trades per day on average, and our papers were traded in all trading sessions.50,3Our shares are traded on the São Paulo Stock Exchange with the code SBSP3and on the NYSE with the code SBS and continue to integrate the main indicesof the BM&FBovespa and, for the third consecutive year, they are part of ISE’stheoretical portfolio.DividendsIn 2008, we paid R$296.2 million in dividends as interest on capital, correspondingto R$1.30 per common share. As regards 2009, the Board of Directors approvedthe payment of interest on capital totaling R$394.2 million, or R$1.73 percommon share, to be paid within up to sixty days after the Annual Shareholders’Meeting, which will approve the 2009 accounts.Our market value at the end of 2009 was of R$7.8 billion, or 60 percent of therecorded shareholders’ equity.90 Relatório de Sustentabilidade 2009 91
Environmentit is <strong>Sabesp</strong>’sraison-d’êtreEnvironmental PolicyOur new Environmental Policy, in effect since January 2008, sets out the guidelinesof <strong>Sabesp</strong>’s environmental management. An extract of the policy is available on theinternet (www.sabesp.com.br, under “Sustentabilidade”).92 Relatório de Sustentabilidade 2009 93Ponte Nova dam in the High Alto Tietê System.
Page 1 and 2: Sustainabilityr e p o r t2009
Page 3 and 4: Table of ContentsTablesMessage from
Page 5 and 6: A water and sewagecompany focused o
Page 7 and 8: Sabesp is for the third consecutive
Page 9 and 10: About SabespGRI 2.1 / 2.2 / 2.3 / 2
Page 11 and 12: In addition to providing basic sani
Page 13 and 14: 2009 and2010 goalsSetting goals hel
Page 15 and 16: Corporate ManagementTo be recognize
Page 17 and 18: Investmentacceleration towarduniver
Page 19 and 20: Structuring programsInvestment acce
Page 21 and 22: Metropolitan Water ProgramThis prog
Page 23 and 24: Taubaté and Tremembé have the bes
Page 25 and 26: Market consolidationand contractual
Page 27 and 28: Asset Base OptimizationThe optimiza
Page 29 and 30: ManagementmodernizationWe are under
Page 31 and 32: Profit Sharing Program (PPR)By tyin
Page 33 and 34: Some of 2009 highlights are as foll
Page 35 and 36: develop technologies and knowledge
Page 37 and 38: Some of the proposals included:•
Page 39 and 40: Alberto GoldmanMember of the Board
Page 41 and 42: Management Compensation GRI 4.5Acco
Page 43 and 44: Economic andfinancial performanceIn
Page 45: International Reconstruction and De
Page 49 and 50: One of the topicsdiscussed in commi
Page 51 and 52: EN 18 Pioneering use of solar energ
Page 53 and 54: Good environmentalpracticesThrougho
Page 55 and 56: Green ITIn August 2009, we issued a
Page 57 and 58: Abraço Verde (Green Hug)The purpos
Page 59 and 60: Survey to point out priority areas
Page 61 and 62: Sabesp’s contribution to the eigh
Page 63 and 64: Ombudsman OfficeThe Ombudsman Offic
Page 65 and 66: Table 23: LA1 Number of employees b
Page 67 and 68: Sabesp Corporate University (UES)Sa
Page 69 and 70: discusses the emergency conditions
Page 71 and 72: SocialprogramsCommunity RelationsSO
Page 73 and 74: Sabesp MemoryThe former building of
Page 75 and 76: Victory of the life, health, and en
Page 77 and 78: ReportbenchmarksPeriod and limitsTh
Page 79 and 80: GRI 3.6 This report gathers the mai
Page 81 and 82: GRI G3 IndicatorPageGRI G3 Indicato
Page 83: CorporateinformationWebpage:http://

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