v3.25.3
Consolidated Statements of Cash Flows - BRL (R$)
R$ in Thousands
 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2023
CASH FLOW FROM OPERATING ACTIVITIES      
Net income for the year R$ 138,019 R$ 226,867 R$ 268,536
Adjustments to reconcile net income for the year      
Depreciation and amortization 74,953 80,175 88,491
Gain on sale of farm (180,086) (194,842) (306,473)
Residual value of property, plant and equipment and intangible assets disposed 11,552 7,369 5,882
Write-off of capitalized costs in investment properties 466 (1,478) 733
Share of (loss) profit of a joint venture 1,424 58 70
Unrealized loss (gain) on derivatives, net (63,718) 82,600 (34,490)
Unrealized foreign exchange loss (gain), monetary variation and financial charges, net 111,975 41,225 22,259
Gain on remeasurement of receivable from sale of farms, net (15,709) (72,914) 47,227
Effect of share-based incentive plan – ILPA 1,392 1,800 5,928
Deferred income and social contribution taxes (32,686) (58,826) (40,051)
Changes in fair value of biological assets and agricultural products (122,671) (40,499) (78,238)
Adjustments to net realizable value of agricultural products after harvest 8,069 1,091 47,708
(Reversal of) Allowance for doubtful accounts (203) 2,093
Provision for legal claims 331 (437) 2,180
Lease adjustments (144)
Total (67,036) 72,189 31,855
Changes in assets and liabilities      
Trade accounts receivable (35,896) 7,462 44,742
Inventories (137,377) (59,446) 1,372
Biological assets 133,289 69,918 140,483
Recoverable taxes (10,418) (9,668) (14,612)
Derivative financial instruments 7,667 27,003 (2,099)
Other receivables 11,027 (24,563) 36,813
Trade accounts payable 4,619 (28,701) (17,380)
Related parties (169) 154 (567)
Taxes payable 14,015 435 14,711
Salaries and payroll 812 (8,662) (2,094)
Advances from customers (17,516) 12,052 (108)
Leases payable (8,937) (7,799) (4,082)
Other liabilities (5,677) 37,921 25,908
Payment of contingencies (238) (156) (2,005)
Receivables from the sale of farms 269,802 263,825 210,568
Acquisitions of investment properties (67,772) (102,622) (116,997)
Farm acquisitions (4,852) (146,948) (144,747)
Net cash flows from operating activities 85,343 102,394 201,761
Income tax and social contribution (13,808) (22,972) (46,028)
Net cash flows from operating activities 71,535 79,422 155,733
CASH FLOW FROM INVESTING ACTIVITIES      
Acquisition of property, plant and equipment and intangible assets (79,973) (68,405) (60,783)
Redemption of marketable securities 41,050 40,559 110,962
Increase in investment and participation 4,865
Cash acquired in business combination 12
Net cash flows used in investing activities (38,911) (27,846) 55,044
CASH FLOW FROM FINANCING ACTIVITIES      
Proceeds from loans, financing and debentures 443,601 448,057 217,583
Interest paid on loans, leases, financing and debentures (63,886) (43,873) (30,684)
Payment of loans and financing (284,429) (350,933) (127,981)
Dividends paid (155,983) (319,053) (319,975)
Capital increase, net of share issue costs 3
Net cash flows from (used in) financing activities (60,697) (265,799) (261,057)
Increase/decrease in cash and cash equivalents (28,073) (214,223) (50,280)
Cash and cash equivalents at beginning of year 170,953 383,837 435,493
Effect of exchange rate variation on cash and cash equivalents 28 1,339 (1,376)
Cash and cash equivalents at end of year R$ 142,908 R$ 170,953 R$ 383,837