| Schedule of Loans, Financing and Debentures |
| | | | | Annual interest rates and
charges - % | | | | | | | | | | | Index | | 2025 | | | 2024 | | | 2025 | | | 2024 | | | Agricultural cost | | Fixed rate + CDI | | | 8% to 15 | % | | | 7% to 15 | % | | | 197,647 | | | | 104,211 | | | Agricultural costs (USD) | | Fixed rate | | | 3% to 7 | % | | | 3% to 8 | % | | | 122,883 | | | | 16,450 | | | Agricultural cost (PYG) | | Fixed rate | | | 11 | % | | | 11% a 12 | % | | | 12,364 | | | | 16,458 | | | Investment and Expansion | | Fixed rate | | | 3% to 10 | % | | | 8% to 10 | % | | | 50,283 | | | | 29,664 | | | Working capital (USD) | | Fixed rate | | | — | | | | 3% to 8 | % | | | — | | | | 25,739 | | | Machinery financing | | Fixed rate | | | 9% to 12 | % | | | 3% to 13 | % | | | 4,509 | | | | 3,060 | | | New sugarcane | | Fixed rate | | | 6 | % | | | 6 | % | | | 14,001 | | | | 21,291 | | | Debentures | | Fixed rate + IPCA | | | 5% to 12% | | | | 5% to 12% | | | | 489,564 | | | | 472,765 | | | (-) Transaction cost | | | | | | | | | | | | | (5,732 | ) | | | (7,700 | ) | | | | | | | | | | | | | | | 885,519 | | | | 681,938 | | | | | | | | | | | | | | | | | | | | | | | Current | | | | | | | | | | | | | 355,841 | | | | 177,311 | | | Non-current | | | | | | | | | | | | | 529,678 | | | | 504,627 | |
|
| Schedule of Changes in Loans and Financing |
Changes in loans and financing during the year ended
June 30, 2025 and 2024 are as follows:
| | |
2024 | | |
Contracting | | |
Payment of principal | | |
Payment Interest | | |
Appropriation of interest | | |
Business combination (Note 2.3) | | |
Foreign exchange variation | | |
2025 | |
| Agricultural cost | |
| 104,211 | | |
| 254,045 | | |
| (159,720 | ) | |
| (16,449 | ) | |
| 15,560 | | |
| — | | |
| — | | |
| 197,647 | |
| Agricultural costs (USD) | |
| 16,450 | | |
| 166,752 | | |
| (77,116 | ) | |
| (5,032 | ) | |
| 6,705 | | |
| 21,581 | | |
| (6,457 | ) | |
| 122,883 | |
| Agricultural costs (PYG) | |
| 16,458 | | |
| 3,709 | | |
| (7,324 | ) | |
| (1,484 | ) | |
| 1,556 | | |
| — | | |
| (551 | ) | |
| 12,364 | |
| Financing for Investment and Expansion | |
| 29,664 | | |
| 19,095 | | |
| (1,045 | ) | |
| (922 | ) | |
| 3,491 | | |
| — | | |
| — | | |
| 50,283 | |
| Working capital | |
| — | | |
| — | | |
| (82 | ) | |
| (7 | ) | |
| — | | |
| 89 | | |
| — | | |
| — | |
| Working capital (USD) | |
| 25,739 | | |
| — | | |
| (25,286 | ) | |
| (1,496 | ) | |
| 840 | | |
| — | | |
| 203 | | |
| — | |
| Financing of machinery | |
| 3,060 | | |
| — | | |
| (7,656 | ) | |
| (759 | ) | |
| 565 | | |
| 9,431 | | |
| (132 | ) | |
| 4,509 | |
| Financing of sugarcane | |
| 21,291 | | |
| — | | |
| (6,200 | ) | |
| (2,056 | ) | |
| 966 | | |
| — | | |
| — | | |
| 14,001 | |
| Debentures | |
| 472,765 | | |
| — | | |
| — | | |
| (35,681 | ) | |
| 52,480 | | |
| — | | |
| — | | |
| 489,564 | |
| (-) Transaction cost | |
| (7,700 | ) | |
| — | | |
| — | | |
| — | | |
| 1,968 | | |
| — | | |
| — | | |
| (5,732 | ) |
| At June 30, 2025 | |
| 681,938 | | |
| 443,601 | | |
| (284,429 | ) | |
| (63,886 | ) | |
| 84,131 | | |
| 31,101 | | |
| (6,937 | ) | |
| 885,519 | |
| | |
2023 | | |
Contracting | | |
Payment of principal | | |
Payment Interest | | |
Appropriation of interest | | |
Foreign exchange variation | | |
2024 | |
| Agricultural cost financing | |
| 149,404 | | |
| 188,094 | | |
| (231,140 | ) | |
| (19,806 | ) | |
| 17,659 | | |
| — | | |
| 104,211 | |
| Agricultural cost financing abroad | |
| 24,156 | | |
| 19,183 | | |
| (14,836 | ) | |
| (2,283 | ) | |
| 1,975 | | |
| 4,713 | | |
| 32,908 | |
| Bahia project financing | |
| 28,734 | | |
| — | | |
| (1,045 | ) | |
| (84 | ) | |
| 2,059 | | |
| — | | |
| 29,664 | |
| Working Capital Financing | |
| 24,771 | | |
| 4,976 | | |
| (7,755 | ) | |
| (2,374 | ) | |
| 2,326 | | |
| 3,795 | | |
| 25,739 | |
| Financing of working capital (USD) | |
| 2,808 | | |
| — | | |
| — | | |
| — | | |
| 252 | | |
| — | | |
| 3,060 | |
| Sugarcane Financing | |
| 28,281 | | |
| 75,000 | | |
| (81,907 | ) | |
| (1,823 | ) | |
| 1,740 | | |
| — | | |
| 21,291 | |
| Debentures | |
| 301,767 | | |
| 165,000 | | |
| (14,250 | ) | |
| (17,503 | ) | |
| 37,751 | | |
| — | | |
| 472,765 | |
| Transaction costs | |
| (5,283 | ) | |
| (4,196 | ) | |
| — | | |
| — | | |
| 1,779 | | |
| — | | |
| (7,700 | ) |
| | |
| 554,638 | | |
| 448,057 | | |
| (350,933 | ) | |
| (43,873 | ) | |
| 65,541 | | |
| 8,508 | | |
| 681,938 | |
|