Management Report 2020
I
Management Report 2020
b) Transactions with related parties
Sales of goods/products/
SLC
Agrícola
property, plant and
equipment
Amortization of the right to
use (IFRS 16)
12/31/2020 12/31/2019
12/31/2020
12/31/2019
Purchases of goods/prod-
ucts/ Corporate TI
12/31/2020 12/31/2019
Financial expenses - War-
ranty Fee
APV-Liabilities Rental
(IFRS16)
12/31/2020 12/31/2019
12/31/2020 12/31/2019
Direct subsidiaries
Fazenda Parnaíba Empr. Agr. Ltda
Fazenda Planorte Empr. Agr. Ltda
Fazenda Pamplona Empr. Agr. Ltda
Fazenda Planalto Empr. Agr. Ltda
Fazenda Palmares Empr. Agr. Ltda
Fazenda Parnagua Empr. Agr. Ltda
Fazenda Parceiro Empr. Agr. Ltda
Fazenda Paiaguás Emp. Agr. Ltda.
Fazenda Pioneira Empr. Agr. Ltda
Indirect subsidiaries
6,415
3,963
8,081
3,167
4,929
2,184
9,082
4,389
4,430
2,988
2,067
539
743
290
7,948
2,909
4,893
3,603
11,444
10,444
15,790
11,988
8,608
6,634
14,725
11,239
9,044
6,954
4,003
1,798
2,069
909
14,711
11,260
2,041
Fazenda Planeste Empr. Agr. Ltda
5,031
3,513
Fazenda Panorama Empr. Agr. Ltda
3,245
2,232
Fazenda Piratini Empr. Agr. Ltda
81
1,283
6,924
6,960
4,840
4,815
3,012
2,839
Fazenda Perdizes Empr. Agr.Ltda
SLC MIT Empr. Agr. S.A.
4,733
6,866
6,744
4,438
566
7,903
1,691
285
Fazenda Palmeira Emp. Agr. Ltda.
SLC Landco Empr. Agr. S.A.
82
2,770
162
276
159
1,291
659
Parent company
SLC Participações S.A.
135
135
2,251
11
446
12
Other related parties
Other companies
c) Rental contracts payable
16,492
14,785
55,039
27,619
8,604
6,268
11
446
96,749
76,658
The purpose of the rural lease agreement is for the lessor to make the land, facilities and other goods available for the lessee to exploit the agricultural activity through the
cultivation of cotton, soybeans, corn and other crops in return for a rental price.
The Company has lease agreements with its subsidiaries for a minimum term of 20 years, with renewal depending on the will of the parties, however the lessees have preference.
As of December 31, 2020, the lease liability with its subsidiaries can be demonstrated as follows:
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