Management Report 2020

Management Report 2020 Statements of financial position | December 31, 2020 and 2019 Note Parent Company 12/31/2020 12/31/2019 Consolidated 12/31/2020 12/31/2019 Note 12/31/2020 Parent Company 12/31/2019 SLC Agrícola (In thousands of Reais) Consolidated 12/31/2020 12/31/2019 Assets Current assets Cash and cash equivalents Short-term interest earning bank deposits Accounts receivable Advances to suppliers Inventories LIABILITIES Current liabilities Biological assets Recoverable taxes Securities and credits receivable Operations with derivatives Intercompany transactions Other accounts receivable Prepaid expenses Assets held for sale 556 781229 1,319,290 649,548 53,652 1,604,053 829,427 Suppliers 17 933,146 773,124 1,101,769 922,000 55,342 Loans and financing 18 297,692 623,874 377,547 699,515 178,085 137,114 207,283 178,405 Taxes, rates and sundry contributions 49,452 47,905 57,186 57,510 3,221 1,924 3,580 2,443 Social charges and labor legislation obligations 65,235 44,151 79,989 54,572 1,179,014 941,957 1,031,082 1,071,354 Advances from clients 57,233 28,907 68,264 33,289 739,267 667,954 891,804 780,589 Debts with related parties 16 28,521 33,970 39,447 41,943 Intercompany lease liability 13 10 31,207 71,657 Operations with derivatives 25 25 89,721 30,975 98,587 34,008 Securities payable 21 16 2,475 1,040 8 11 Provisions for tax, environ. and labor risks 19 5,280 7,642 6,217 11,412 Dividends payable 15,471 12,887 17,141 14,030 Leases to pay 810 189 971 Total current assets 3,561,155 2,538,852 4,201,380 189 3,090,810 Third party lease liability 13 9.ក.ស.ជ ១.សី ដ ឌ 1,310 2,763 118 125 204,525 104,591 318,242 47,839 358,969 55,230 12,273 12,273 3,524 3,808 5,429 4,121 22.h 83,680 73,759 86,332 73,759 24.2 225 5,283 225 150,888 105,998 162,258 114,567 Others accounts payables 12,112 10,644 21,680 16,375 Total current liabilities 2,177,039 1,867,588 2,337,097 2,043,561 Non-current assets Long-term interest earning bank deposits Recoverable taxes Deferred income and social contrib. taxes Operations with derivatives Intercompany transactions Non-current liabilities 51229 663 64,236 650 73,432 663 111,203 650 Loans and financing 18 1,753,056 933,853 2,039,736 1,160,251 122,469 Deferred taxes 20 153,553 187,853 230,802 247,531 20 20,480 22,517 Intercompany lease liability 13 1,517,643 795,214 118,126 10,492 146,785 11.328 Operations with derivatives 25 56,965 3,519 58,152 5,643 16 25,246 31,050 Securities payable 21 706 1,412 Advances to suppliers 2,758 5,292 59,814 30,241 Third party lease liability 13 742,326 491,653 772,026 515,149 Prepaid expenses 378 528 437 528 Other debits. 114 161 Other credits 2,071 3,059 13,705 7,945 Total non-current liabilities 4,223,657 2,412,253 114 3,101,536 161 1,930,147 Securities and credits receivable 10 2,700 5,248 213,478 124,503 355,787 200,926 Shareholders' equity Capital 22.a 947,522 947,522 947,522 947,522 Investiments 11 2,212,789 2,200,537 Capital reserves 22.b 97,504 97,760 97,504 97,760 Investment Property 12 224,194 217,010 (-) Treasury shares 22.c (52,921) (64,321) (52,921) (64,321) Right of Use in Lease 13 2,463,254 1,388,969 828,496 555,031 Profit reserves 22.d.e.f.g 978,074 680,719 978,074 680,719 Property, plant and equipment 14 855,159 796,366 2,944,544 2,878,989 Retained Losses 22.j 970,200 1,122,997 970,200 1,122,997 Intangible 15 35,240 5,566,442 15,291 4,401,163 35,290 4,032,524 15,363 Total attributable to shareholders 2,940,379 2,784,677 2,940,379 2,784,677 3,666,393 Total non-current assets 5,779,920 4,525,666 4,388,311 3,867,319 Non-controlling shareholders in subsidiaries Total shareholders' equity 210,679 199,744 TOTAL ASSETS 9,341,075 7,064,518 8,589,691 6,958,129 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 9,341,075 2,940,379 2,784,677 7,064,518 3,151,058 2,984,421 8,589,691 6,958,129 See accompanying notes. 77

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