Management Report 2020
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Management Report 2020
SLC
Agrícola
Income and social contribution taxes variation
Income and social contribution taxes, recorded in asset and liability accounts in the parent company and in the consolidated accounts, are shown as follows:
Parent Company
Description
Provision for inventory adjustment
Provision for profit-sharing
Provision to tax losses
Balance on 12/31/2019
Recognized in income
Recognized in comprehensive income
Balance on 12/31/2020
4
8,332
(4)
5,729
230
14,061
230
Operations with derivatives
Provision for Senar
Others
Provision for ICMS credit losses
34,761
(18,516)
72,056
88,301
2,551
(802)
1,749
3,355
5,107
8,462
8,092
8,092
Incentivized depreciation from rural activity
(177,515)
(35,356)
(212,871)
Bargain gain on acquisition of equity interest
(7,680)
2,437
(5,243)
Deemed cost from property, plant and equipment
(8,383)
1,514
Fair value of biological assets
(58,307)
(5,824)
(6,869)
(64,131)
Capitalization of interest on borrowings
15,029
(363)
14,666
Total
Non-current liabilities
(187,853)
(37,756)
72,056
(187,853)
(153,553)
(153,553)
Consolidated
Description
Balance on 12/31/2019
Recognized in income
Recognized in comprehensive income
Balance on 12/31/2020
Provision for inventory adjustment
Provision for profit-sharing
9,414
(4)
6,465
15,879
Provision to tax losses
Operations with derivatives
Provision for Senar
Others
Tax losses and negative basis
APV Lease liability
230
230
5,283
2,795
37,293
45,610
15,064
Provision for ICMS credit losses
8,467
Incentivized depreciation from rural activity
(219,700)
(32,840)
(252,540)
Bargain gain on acquisition of equity interest
(7,533)
2,437
(5,096)
Deemed cost from property, plant and equipment
(41,769)
1,383
(40,386)
Fair value for investment property
(2,840)
(228)
(3,068)
Fair value of biological assets
(62,331)
(8,344)
(70,675)
Others
(6,304)
(19,158)
(25,462)
Total
(225,014)
(66,839)
81,531
(210,322)
5,556
81,531
92,370
(913)
1,882
(25,134)
12,159
(3,915)
41,695
(841)
14,223
8,467
Non-current assets
Non-current liabilities
22,517
(247,531)
20,480
(230,802)
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