Rede Energia Participacoes (BSP:REDE3) Other Income (Minority Interest) : R$-710 Mil (TTM As of Mar. 2024)

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What is Rede Energia Participacoes Other Income (Minority Interest)?

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary. Rede Energia Participacoes's Other Income (Minority Interest) for the three months ended in Mar. 2024 was R$-174 Mil. Its Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Mar. 2024 was R$-710 Mil.

Rede Energia Participacoes Other Income (Minority Interest) Historical Data

The historical data trend for Rede Energia Participacoes's Other Income (Minority Interest) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Rede Energia Participacoes Other Income (Minority Interest) Chart

Rede Energia Participacoes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Income (Minority Interest)

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-272.93

-317.98

-464.83

-549.86

-639.29

Rede Energia Participacoes Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Income (Minority Interest)	Get a 7-Day Free Trial															-103.52	-141.65	-185.73	-208.40	-173.81

Rede Energia Participacoes Other Income (Minority Interest) Calculation

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary.

Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-710 Mil.

Rede Energia Participacoes (BSP:REDE3) Other Income (Minority Interest) Explanation

Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company. It is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Rede Energia Participacoes (BSP:REDE3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Rede Energia Participacoes SA (BSP:REDE3) » Definitions » Other Income (Minority Interest)

Comparable Companies

Traded in Other Exchanges

N/A

Address

Praca Rui Barbosa, 80, Cataguases, MG, BRA, 36770-901

Website

https://www.energisa.com.br

Rede Energia SA along with its subsidiaries generates, distributes and markets electrical energy as well as provides services related to electricity sector. It provides its services to residential, commercial, industrial, rural and public customers.

Rede Energia Participacoes (BSP:REDE3) Headlines

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