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Energy Company of Minas Gerais (NYSE:CIG)
Non-Recurring Items
$446 Mil (TTM As of Mar. 2014)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Energy Company of Minas Gerais's non-recurring items for the three months ended in Mar. 2014 was $84 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Mar. 2014 was $446 Mil.

As of today, Energy Company of Minas Gerais's share price is $8.75. Energy Company of Minas Gerais's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Mar. 2014 was $0.88. Therefore, Energy Company of Minas Gerais's P/E (NRI) ratio for today is 9.92.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Energy Company of Minas Gerais Non-Recurring Items for the trailing twelve months (TTM) ended in Mar. 2014 was 99.4671403197 (Jun. 2013 ) + 143.053016453 (Sep. 2013 ) + 119.446772842 (Dec. 2013 ) + 84.2727272727 (Mar. 2014 ) = $446 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Energy Company of Minas Gerais's P/E (NRI) Ratio for today is calculated as

P/E (NRI)=Share Price/Earnings per share without Non-Recurring Items
=8.75/0.881810472231
=9.92

Energy Company of Minas Gerais's Share Price of today is $8.75.
Energy Company of Minas Gerais's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Mar. 2014 was 0.217584369449 (Jun. 2013 ) + 0.287934186472 (Sep. 2013 ) + -0.0670578373847 (Dec. 2013 ) + 0.443349753695 (Mar. 2014 ) = $0.88.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Energy Company of Minas Gerais Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Non Operating Income 0134315418800-1427405

Energy Company of Minas Gerais Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
Non Operating Income -101824685899914311984
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