Management Report 2020
Management Report 2020
SLC Agrícola
Net income (loss)
In 2020, net income reached R$510.9 million, growing 74.4% from 2019 (considering
only the result from agricultural operations). The increase was mainly due to the higher
gross income from soybean and corn, which was partially offset by the lower gross in-
come from cotton.
Net margin ended the year at 16.5%, expanding 5.0
percentage points from 2019.
TABLE 22. NET INCOME (LOSS)
(R$'000)
Income before taxes on profit
Income Tax and Social Contribution on profit
Consolidated Net Income for the Period
Assigned to members of the parent company
Attributed to non-controlling shareholders of the company
% Net Margin
Net income of agricultural operation
Net income of agricultural operation
Net income of land sale
2019
2020
HA
414.662
689.179
66,2%
(99.621)
(178.231)
78,9%
315.041
510.948
62,2%
311.514
488.674
56,9%
3.527
22.274
531,5%
12,4%
16,5%
4,1p.p
292.893
510.948
74,4%
11,5%
16,5%
5,0p.p
22.148
-100,0%
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