Management Report 2020
-
Management Report 2020
Statement of cash flows | December 31, 2020 and 2019
Parent Company
12/31/2020 12/31/2019
Consolidated
12/31/2020 12/31/2019
12/31/2020
Parent Company
12/31/2019
SLC Agrícola
(In thousands Reais)
Consolidated
12/31/2020 12/31/2019
Net cash from operational activities
Net income before IRPJ/CSLL
605,735
386,937
689,179
414,662
Net cash used in investment activities
In property, plant and equipment
(147,796)
(195,431)
(190,129) (235,175)
Adjustments to reconcile net income to cash
42,643
80,621
provided by operating activities:
Receipt for sale of land (Note 10)
Depreciation and amortization
83,781
76,595
119,686
105,810
Payment land return
(706)
(705)
Income from write-off of property, plant and equipment
7,466
11,576
8,067
(17,811)
In intangible assets
(21,560)
(5,440)
(21,654)
(5,746)
Equity in net income of subsidiaries
(177,399)
(175,243)
Capital payment
(47)
Interest, exchange and monetary variation
142,422
132,346
148,785
143,595
Net cash used for investing activities
(169,403)
(200,871)
(169,846)
(161,005)
Share-based compensation
6,463
5,386
6,463
5,386
Variation in biological assets
(17,127)
733
(24,538)
19,515
Net cash generated/(consumed) in financing activities
Provision of profit sharing and labor contingencies
40,772
22,830
45,590
26,088
Sale and repurchase of shares
AVP Lease Liabilities (Note 13)
154,759
121,740
61,106
47,607
Dividends Paid
Amortization of Right of Use
119,580
65,787
73,663
43,336
Loans and financing obtained
Fair value for investment property
(7,184)
(7,928)
Loans and financing paid
Other adjustments
9,416
(1,416)
9,928
(1,514)
Rentals paid
(277,468)
Provision for losses taxes recover
23,799
24,904
Net cash provided by financing activities
4,681 (37,835)
(179,843) (176,314)
1,280,800 1,349,430
(854,151) (1,217,138)
(147,019)
(25,981) (228,876)
4,681 (37,835)
(179,843) (181,243)
1,485,800 1,512,923
(1,021,393) (1,269,658)
(129,634) (78,929)
159,611
(54,742)
999,667
647,271
1,155,649
778,746
Increase in cash and cash equivalents
669,742
264,920
774,626
317,119
Changes in assets and liabilities::
Trade accounts receivable
(40,971)
(21,275)
(28,878)
(46,859)
Inventories and biological assets
(228,845)
(156,743)
(273,792)
(242,580)
Opening balance of cash and cash equivalents
Closing balance of cash and cash equivalents
649,548
384,628
829,427
512,308
1,319,290
649,548
1,604,053
829,427
Recoverable taxes
(8,480)
9.052
(10,468)
5,426
Increase in cash and cash equivalents
669,742
264,920
774,626
317,119
Short-term interest earnings bank deposits
53,639
75,841
55,329
74,436
See accompanying notes
Other accounts receivable
3,140
1,466
(4,367)
(4,003)
Advance to suppliers
1,237
21,527
5,952
22,012
Suppliers
144,650
192,968
161,769
187,493
Taxes and social payables
(57,522)
(41,393)
(63,699)
(53,658)
Liabilities with related parties
Operations with derivatives
2,915
(47,550)
(4)
(33)
(54,460)
22,924
(83,583)
(1,087)
Advances from clientes
28,326
(9,096)
34,975
(8,874)
Rentals payable
(225)
(50,021)
5,058
(58,517)
Other accounts payable
15,837
(5,699)
23,860
(945)
Income tax and social contribution tax on profit paid
(68,160)
(10,150)
(99,255)
(31,839)
Dividends
150,945
144,563
Interest paid
(76,567)
(79,018)
(93,685)
(86,852)
(134,541)
47,396
(370,788) (245,880)
Net cash provided by (applied to) operating activities
865,126
694,667
784,861
532,866
80
80View entire presentation