Management Report 2020
-
SLC Agrícola
Management Report 2020
b) Construction in progress
As of December 31, 2020, the balance of works in progress in the amount of R$
9,049 in the parent company and R$ 10,833 in the consolidated, is substantially
represented by works in cotton, construction of warehouses, sheds and ware-
houses, integration of livestock farming, expansion of the expedition, fire preven-
tion project and other improvements.
The amount of interest that was capitalized for works in progress in the period
ended December 31, 2020 was R$ 728 (R$ 2,274 as of December 31, 2019). The
capitalization rate used to determine the amount of borrowing costs eligible for
capitalization was approximately 4.45% y.y.
c) Guarantees
At December 31, 2020 and December 31, 2019, property, plant and equipment
were pledged as collateral for mortgages, bank loans and lawsuits, as shown
below:
Assets under se-
cure
Parent Company
12/31/2020
Consolidated
12/31/2019
Hypothec
134,753
12/31/2020 12/31/2019
349,860
Pledge of finan-
cing
10,514
14,071
17,661
24,424
Assets in legal
proceedings
14,232
24,746
14,232
28,303
14,232
166,646
14,232
388,516
15. Intangible
Software
Import of new system
Total
Software
Total
Software
Gross intangible cost
Parent Company
Balance on 12/31/2019
19,110
Additions
2,830
Write-offs
(25)
Reclassification
Balance on 12/31/2020
21,915
12,379
18,282
30,661
31,489
21,112
(25)
52,576
Amortization
Balance on 12/31/2019
Additions
Write-offs
Reclassification
Balance on 12/31/2020
(16,198)
(16,198)
(1,158)
(1,158)
25
25
(5
(5
(17,336)
(17,336)
Net residual value
Balance on 31/12/2019
Balance on 31/12/2020
2,912
12,379
15,291
4,579
30,661
35,240
Import of new system
Total
108View entire presentation