Management Report 2020
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Management Report 2020
5. Cash and cash equivalents and short-term interest earning bank deposits
Description
Yields
Parent Company
12/31/2020
Cash and cash equivalents in R$
Forex exchange cash²
CDB-DI
Repurchase and resale commitments
LAM
Other investments
Cash and cash equivalents
CP Interest earnings bank deposits
LP Interest earnings bank deposits
1. Average yield on December 31, 2020.
SLC
Agrícola
Consolidated
12/31/2019
31/12/2020
31/12/2019
100.75% of CDI¹
80,080
15,073
1,224,137
84
80,104
5,228
645,154
15,073
1,508,558
105
6,656
820,891
28,889
32,360
100.00% of CDI¹
70.58% of CDI¹
23,843
318
24,755
663
1,319,953
1,319,290
652
703,850
649,548
663
652
1,604,716
1,604,053
885,419
829,427
663
53,652
650
55,342
663
650
2. Amounts in reais, converted by the dollar P-tax purchase on December 31, 2020.
The financial operations contracted by the Company are represented by investments in bank certificates of deposit and lease bills, at market prices and rates, updated
by the income earned up to December 31, 2020, not exceeding the trading value.
Long-term financial investments are reciprocated (collateralized operations), which represent in the non-current assets the amount of R$ 663 of the portfolio in the
parent company and in the consolidated.
The Group's exposure to interest rate risk and a sensitivity analysis for financial assets and liabilities are disclosed in Note 25.
The increase in the balance of cash and cash equivalents is mainly due to the positive operating cash flow in the period, the release of the values from escrow account
regarding with the land sale (Parnaíba Farm) made in November 2019, as well as the funding of CRA (Agribusiness Receivables Certificate), carried out in December
2020 by the Company.
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