Below are the financial statements of WEG, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of BRL | 2024 | 2023 |
|---|---|---|
| Net revenue | 37,986.94a | 32,503.6a |
| Cost of products sold and services rendered | -25,173.1a | -21,702.74a |
| Gross income | 12,813.85a | 10,800.86a |
| Sales expenses | -2,987.31a | -2,426.46a |
| (Provision) for impairment of clients | -22.9a | -17.94a |
| Other selling expenses | -2,964.41a | -2,408.52a |
| Administrative expenses | -1,299.42a | -1,044.89a |
| Other operating income (loss) | -831.39a | -867.51a |
| Equity in net income of subsidiaries | -5.2a | 0.11a |
| Income before financial income (loss) and taxes | 7,690.53a | 6,462.13a |
| Financial revenues | 1,942.12a | 1,553.65a |
| Financial expenses | -1,724.14a | -1,424.98a |
| Income before taxes | 7,908.51a | 6,590.8a |
| Current taxes | -1,611.65a | -1,127.94a |
| Deferred taxes | -21.91a | -404.76a |
| Net income for the year | 6,318.76a | 5,867.62a |
| Attributable to | — | — |
| Controlling shareholders | 6,042.59a | 5,731.67a |
| Non-controlling shareholders | 276.17a | 135.95a |
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