Management Report 2020
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Management Report 2020
SLC
Agrícola
The following is an updated table of the planned area for crop year 2019/20 and
comparison with the previous crop year:
a
Area
The Company considered the prices practiced in the cattle market in the regions
considering the main market, and through the metrics used in the market. In this
way the measurement is based on the at sign and age group.
The change in the fair value of the cattle herd during the year is as follows:
Parent Company Consolidated
Planted area
Planted area
Crops
2019/20
2018/19
Cotton
ha
125,462
123,727
Soybean (commercial + seed)
ha
235,444
243,148
Balances at December 31, 2019
Corn
ha
82,392
89,470
Purchase cost
Other Crops¹
ha
5,270
448,568
1,754
Variation in fair value adjustment¹
458,099
Low por sale
1,024
1,046
21,961
39,054
4,349
5,648
(11,667)
(24,992)
15,667
20,756
11,318
15,108
4,349
5,648
1. Other crops include corn seed, wheat and sorghum.
For crop year 2020/21, the following area is planned:
Crops
Area
Cotton
ha
Soybean (commercial + seed)
Corn
ha
Other Crops¹
ha
ha
Planned area 2020/212
Balances at december 31, 2020
Biological assets - cattle
Biological assets - adjustment at fair value
1. Effect of biological assets in the statement of income for the period.
109,660
229,497
117,061
11,978
9. Recoverable taxes
468,196
Controladora
Consolidado
1. Other crops include corn seed, popcorn, brachiaria, wheat. beans and catle raising permanent.
2. Planned area, subject to changes in crops that are under planting.
31/12/2020 31/12/2019
31/12/2020 31/12/2019
Income tax
49
Social contribution
2,570
85
708
12
b) Biological assets - cattle raising
The Pioneira, Perdizes, Planorte, Paiaguás, Planalto, Pantanal and Planest farms
compose the Company's Livestock Integration Project - ILP. This system aims to
optimize land use, in places where it is only possible to carry out a crop (soybean),
using the herd as a second crop. The ILP project is characterized as fattening
activity.
As of the 2020/21 harvest, in addition to the ILP, the Company will also maintain
a permanent herd of cattle in specific areas for livestock.
The fair value of cattle raising is calculated using the market value, due to the
existence of an active market. The gain or loss in the variation in the fair value of
biological assets is recognized in the income statement in the period in which it
occurs.
in non-current
assets
ICMS
77,895
87,005
112,967
3,027
128
119,633
COFINS
10,381
9,861
26,993
28,795
PIS
2,295
2,120
5,635
6,080
IRRF recoverable
Other
1,787
4,815
3,667
5,580
350
946
668
1,169
92,757
107,402
150,650
164,412
Portion classified
28,521
33,970
39,447
41,943
in current assets
Portion classified
64,236
73,432
111,203
122,469
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