Management Report 2020 slide image

Management Report 2020

- .... Management Report 2020 a) Biological assets culture The movement in fair value of biological assets during the year is as follows: SLC Agrícola Parent Company Soybean Cotton Corn Other crops² Balances at december 31, 2019 370,603 217,205 42,837 36,285 Expenditures with planting 493,614 982,903 204,771 131,695 Total 666,930 1,812,983 Variation of the fair value¹ 251,799 306,910 61,248 52,170 Harvesting and production adjustment - agricultural products (756,978) (1,276,873) (254,600) (139,989) 672,127 (2,428,440) Balances at December 31, 2020 359,038 230,145 Agricultural products - formation costs 290,795 230,145 54,256 54,256 80,161 723,600 80,161 Biological assets - adjustment at fair value 68,243 655,357 68,243 Consolidated Soybean Cotton Balances at december 31, 2019 Expenditures with planting 461,928 237,584 Corn 43,959 Other crops² 36,072 619,067 1,164,052 240,221 161,122 Total 779,543 2,184,462 Variation of the fair value¹ 315,535 326,673 62,353 Harvesting and production adjustment - agricultural products (949,503) (1,457,011) (288,196) 65,325 (168,133) 769,886 (2,862,843) Balances at December 31, 2020 447,027 271,298 58,337 94,386 871,048 Agricultural products - formation costs 364,608 271,298 58,337 94,386 Biological assets - adjustment at fair value 82,419 788,629 82,419 1. Effect of biological assets in the statement of income for the period. 2. Other crops include soybean seed, brachiaria, mung beans, popcorn, seed corn, wheat and permanent livestock. 96 96
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