Management Report 2020 slide image

Management Report 2020

- Management Report 2020 SLC Agrícola Statement of profit or loss | December 31, 2020 and 2019 (In thousands Reais, except profit per share) Statement of comprehensive income | December 31, 2020 and 2019 (In thousands Reais) Note Parent Company 12/31/2020 Consolidated Parent Company Consolidated Income from sales of goods and/or services Biological assets 30 8 2,633,284 676,476 12/31/2019 2,163,990 12/31/2020 12/31/2019 12/31/2020 3,097,547 2,535,905 Income for the year 488,674 12/31/2019 311,514 12/31/2020 12/31/2019 510,948 315,041 470,442 775,534 Cost of goods sold 31 Cost of goods and/or services sold Biological assets cost Gross Income (2,408,692) (1,749,343) (1,514,748) (659,349) (471,174) 901,068 648,510 (1,985,922) (2,802,782) (2,051,786) 504,751 (2,257,472) (1,733,206) (750,996) (524,266) 1,070,299 Other comprehensive income to be reclassified to the result for the year in subsequent periods Derivatives cash flow hedge Derivatives cash flow hedge - subsidiaries Income and social contribution taxes (211,929) 106,498 (239,796) 109,501 (9,704) 994 72,056 783,184 (149,577) (36,210) 71,282 81,531 (158,265) (37,232) 72,269 Operating Income (expenses) Sales expenses 31 (149,471) (134,043) (173,964) (152,972) General and administrative expenses 31 (103,811) (80,864) (115,452) (89,324) Management compensation 16.d (14,040) (12,959) (14,716) (13,827) Other comprehensive income not reclassified to the result for the year in subsequent periods Set deemed cost fixed assets in subsidiary Taxes on fixed asset adjustments (1,991) 62 (1,991) 62 Equity income 11 177,399 175,243 (1,929) (1,929) Other operating (expenses) income (22,550) 397 14,763 31,651 (112,473) (52,226) (289,369) (224,472) Other comprehensive income, net of taxes Total other comprehensive income for the year, (149,577) (69,353) (158,265) 70,340 339,097 380,867 352,683 385,381 Operating result 788,595 596,284 780,930 558,712 net of taxes Financial income 23 344,732 170,915 429,678 203,659 Attributable to: Financial expenses 23 (527,592) (380,262) (521,429) (347,709) Controlling shareholders (182,860) (209,347) (91,751) (144,050) Not controlling interest in subsidiaries Result before Income and social contribution taxes 605,735 386,937 689,179 414,662 339,097 380,867 339,097 380,867 13,586 4,514 352,683 385,381 See accompanying notes. Income and social contribution taxes 20 20 Current (79,305) (59,314) (111,392) (90,856) Deferred assets (37,756) (16,109) (66,839) (8,765) Net Income 488,674 311,514 510,948 315,041 Attributable to: Controlling shareholders Not controlling interest in subsidiaries 488,674 311,514 488,674 311,514 22,274 3,527 510,948 315,041 Earnings per share attributable to shareholders from continuing operations at end of period (expressed in reals per share): Basic earnings per share - R$ Diluted net income per share - R$ 22 22.1 2.60966 1.66838 2.60966 1.66838 22.1 2.59868 1.65486 2.59868 1.65486 See accompanying notes. 78
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