NAV and Casa da Moeda also had to deliver additional money to the shareholder State at the end of last year, Público reports this Saturday. Like Águas de Portugal, which had to pay an extraordinary dividend in December 2023 of 100 million euros.
According to Público, the administration of the Casa da Moeda was summoned on December 22 to the Ministry of Finance and was informed of the Government’s intention for the public company to deliver an extraordinary dividend of 20 million euros. The Casa da Moeda (INCM) responded by saying that this value would have an impact on the company’s financial situation, so it proposed as an alternative to go to the reserves and deliver 10 or 5 million. It ended up giving 10 million euros, and the Casa da Moeda proposed, at the general meeting held in March of this year, that the 2023 results remain with the company in retained earnings, without paying any dividend.
NAV, according to the same newspaper, also advanced 15 million euros.
Added to this are two more cases of extraordinary dividends paid to the State at the end of last year, which helped public accounts at the end of Fernando Medina’s mandate, which ended up announcing the reduction of public debt to a value of less than 100% of GDP. and that also achieved a budget surplus of 1.2%, the largest in the history of democracy.
Last week it became known that Águas de Portugal had paid an extraordinary dividend of 100 million euros, with the aim, at the general meeting in May, of increasing its capital by the same amount, which was ultimately not discussed. Miranda Sarmento stopped this capital increase. The president of Águas de Portugal, however, announced his resignation, separating the Ministry of the Environment from this resignation from this episode, but as reported by Eco and Público, José Furtado even threatened to resign when they demanded the extraordinary dividend, having been left after they supposedly promised him a capital increase when the company needed it. Meanwhile, the Ministry of the Environment announced the invitation to Carmona Rodrigues, former PSD minister and former mayor of Lisbon, to succeed José Furtado in Águas de Portugal.
The president of Águas de Portugal resigns after the capital increase was blocked by the Treasury
Despite contacts from the Observer, the Finance Ministry declined to comment.
Source: Observadora
