Management Report 2020 slide image

Management Report 2020

Management Report 2020 Statements of changes in shareholders' equity | December 31, 2020 and 2019 Capital reserves Profit reserves Other com- Share capital Goodwill (discount) In the Recognized Issuance of share options granted Treasury shares Balances as of December 31, 2018 947,522 53,941 48,763 (36,816) Investment Incentivized reserv 13.932 47.136 reserve Legal Expansion reserve 341,945 Profit retention reserve 5,628 Additional dividend proposed 88,156 Retained prehensive Income earnings of controlling shareholders SLC Agrícola Total Interest (In thousands Reais) Total sha- reholders' Interest of non-controlling shareholders equity 1,087,961 2,598,168 196,585 2,794,753 Goodwill (discount) on the sale of shares (10,330) (10,330) (10,330) Compensation based on shares recognized in the fiscal year 5,386 5,386 5,386 Stock-based compensation exercised/rebought (27,505) (27,505) (27,505) in the year Unrealized gain on hedge instruments, net of tax Realization of depreciation of the cost assigned to the fixed assets Assigned cost adjustment fixed assets in subsidiary Others Taxes on adjustment of cost attributed to fixed assets in subsidiary Net income for the year Proposed additional dividend Proposed destination: Constitution of reserves Minimum mandatory dividend Additional dividend approved for 2018 71,283 71,283 989 72,272 (32,959) 32,959 (1,992) (1,992) (1,992) (1,358) 1,358 20 62 62 62 311,514 311,514 3,527 315,041 (88,156) (88,156) (1,357) (89,513) 939 15,575 181,815 (198,329) (73,753) (73,753) (73,753) Balances as of December 31, 2019 947,522 43,611 54,149 (64,321) 14,871 62,711 523,760 5,628 73,749 73,749 (73,749) 1,122,997 2,784,677 199,744 2,984,421 Goodwill (discount) on the sale of shares (3,350) (3,350) (3,350) Compensation based on shares recognized in the fiscal year 6,463 6,463 6,463 Stock-based compensation exercised in the year 8,031 8,031 8,031 Restricted shae compensation exercised/rebought in the year (1,338) (2,031) 3,369 Unrealized gain on hedge instruments, net of tax Realization of depreciation of the cost assigned to the fixed assets Net income for the year Proposed additional dividend Proposed destination: Constitution of reserves Minimum mandatory dividend (149,577) (149,577) (8,688) (158,265) 1 (3,220) 3,220 488,674 488,674 22,274 510,948 (73,749) (73,749) (73,749) 171 24,425 230,489 (255,085) (83,673) (83,673) (2,651) (86,324) Distribution of interest on own capital (37,117) (37,117) (37,117) Proposed additional dividend 116,019 (116,019) Balances as of December 31, 2020 947,522 38,923 58,581 (52,921) 15,042 87,136 754,249 5,628 116,019 970,200 2,940,379 210,679 3,151,058 As notas explicativas são parte integrante das demonstrações financeiras. 79
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