v3.25.3
Investments in associates and joint ventures (Tables)
12 Months Ended
Jun. 30, 2025
Schedule of Group's investments in joint ventures

 

 

06.30.2025

 

 

06.30.2024

 

Beginning of the year

 

 

180,350

 

 

 

192,028

 

Sale of interest in associates and joint ventures (i)

 

 

(3,737)

 

 

(36,522)

Capital contributions (Note 30)

 

 

35

 

 

 

-

 

Share of profit

 

 

27,924

 

 

 

47,454

 

Currency translation adjustment

 

 

95

 

 

 

(115)

Dividends (Note 30)

 

 

(26,744)

 

 

(22,495)

Transfers from/to financial assets (iii)

 

 

349

 

 

 

-

 

Decrease of interest (iv)

 

 

(148)

 

 

-

 

End of the year (ii)

 

 

178,124

 

 

 

180,350

 

Schedule of additional information related to the Groups investment

Name of the entity

 

% ownership interest

 

 

Value of Group's interest in equity

 

 

Group's interest in comprehensive (loss) / income

 

 

 

06.30.2025

 

 

06.30.2024

 

 

06.30.2025

 

 

06.30.2024

 

 

06.30.2025

 

 

06.30.2024

 

 

06.30.2023

 

Associates and joint ventures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

New Lipstick

 

 

49.96%

 

 

49.96%

 

 

1,472

 

 

 

1,506

 

 

 

(34)

 

 

(43)

 

 

(342)

BHSA (1)

 

 

29.12%

 

 

29.89%

 

 

133,840

 

 

 

144,704

 

 

 

13,639

 

 

 

40,782

 

 

 

15,969

 

BACS

 

 

37.72%

 

 

37.72%

 

 

11,044

 

 

 

10,594

 

 

 

450

 

 

 

3,307

 

 

 

(608)

Nuevo Puerto Santa Fe

 

 

50.00%

 

 

50.00%

 

 

8,503

 

 

 

6,205

 

 

 

2,686

 

 

 

407

 

 

 

590

 

Quality (2)

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(7,169)

La Rural SA

 

 

50.00%

 

 

50.00%

 

 

21,019

 

 

 

14,804

 

 

 

11,175

 

 

 

10,543

 

 

 

3,652

 

GCDI

 

 

-

 

 

 

27.39%

 

 

-

 

 

 

1,793

 

 

 

519

 

 

 

(7,918)

 

 

841

 

Other joint ventures

 

 

N/A

 

 

 

N/A

 

 

 

2,246

 

 

 

744

 

 

 

(416)

 

 

261

 

 

 

386

 

Total associates and joint ventures

 

 

 

 

 

 

 

 

 

 

178,124

 

 

 

180,350

 

 

 

28,019

 

 

 

47,339

 

 

 

13,319

 

Schedule of financial information of the joint ventures considered to be material

 

 

 

 

 

 

Latest financial statements issued

 

Name of the entity

 

Place of business / Country of incorporation

 

Main activity

 

Common shares 1 vote

 

 

Share capital (nominal value)

 

 

(Loss) / profit for the year

 

 

Shareholders’ equity

 

Associates and joint ventures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

New Lipstick

 

USA

 

Real estate

 

 

23,631,037(*)

 

 

47(*)

 

 

(3)(*)

 

 

(50)

BHSA (1)

 

Argentina

 

Financial

 

 

436,780,922(**)

 

 

1,500(**)

 

 

46,554(**)

 

 

447,483

 

BACS

 

Argentina

 

Financial

 

 

33,125,751(**)

 

 

88(**)

 

 

1,193(**)

 

 

29,276

 

Nuevo Puerto Santa Fe

 

Argentina

 

Real estate

 

 

138,750

 

 

 

28

 

 

 

5,373

 

 

 

16,429

 

La Rural SA

 

Argentina

 

Organization of events

 

 

714,998(**)

 

 

1(**)

 

 

22,676(**)

 

 

41,882

 

 

 

Current Assets

 

 

Non-current Assets

 

 

Current Liabilities

 

 

Non-current Liabilities

 

 

Net assets

 

 

% of ownership interest held

 

 

Interest in associate and joint venture

 

 

Goodwill and others

 

 

Book value

 

 

 

06.30.2025

 

Associates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BHSA

 

 

1,766,165

 

 

 

1,698,791

 

 

 

2,989,440

 

 

 

10,594

 

 

 

464,922

 

 

 

29.12%

 

 

135,385

 

 

 

(1,545)

 

 

133,840

 

Joint ventures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nuevo Puerto Santa Fe

 

 

4,562

 

 

 

20,101

 

 

 

1,350

 

 

 

6,883

 

 

 

16,430

 

 

 

50.00%

 

 

8,215

 

 

 

288

 

 

 

8,503

 

.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

06.30.2024

 

Associates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BHSA

 

 

2,277,728

 

 

 

860,495

 

 

 

2,588,620

 

 

 

59,334

 

 

 

490,269

 

 

 

29.89%

 

 

146,541

 

 

 

(1,837)

 

 

144,704

 

GCDI

 

 

39,052

 

 

 

124,995

 

 

 

92,175

 

 

 

65,197

 

 

 

6,675

 

 

 

27.39%

 

 

1,828

 

 

 

(35)

 

 

1,793

 

Joint ventures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nuevo Puerto Santa Fe

 

 

2,994

 

 

 

14,966

 

 

 

1,009

 

 

 

5,121

 

 

 

11,830

 

 

 

50.00%

 

 

5,915

 

 

 

290

 

 

 

6,205

 

 

 

Revenues

 

 

Net income / (loss)

 

 

Total comprehensive income / (loss)

 

 

Dividend distribution

 

 

Cash of operating activities

 

 

Cash of investing activities

 

 

Cash of financing activities

 

 

Changes in cash and cash equivalents

 

 

 

06.30.2025

 

Associates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BHSA

 

 

985,517

 

 

 

46,554

 

 

 

46,554

 

 

 

(71,360)

 

 

144,466

 

 

 

(2,662)

 

 

64,445

 

 

 

206,249

 

Joint ventures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nuevo Puerto Santa Fe

 

 

6,295

 

 

 

5,373

 

 

 

5,373

 

 

 

(774)

 

 

3,027

 

 

 

(1,693)

 

 

(799)

 

 

535

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

06.30.2024

 

Associates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BHSA

 

 

2,446,515

 

 

 

136,357

 

 

 

136,357

 

 

 

402,351

 

 

 

342,658

 

 

 

(3,352)

 

 

(65,939)

 

 

273,367

 

GCDI

 

 

51,855

 

 

 

(16,870)

 

 

(11,010)

 

 

-

 

 

 

(1,195)

 

 

1,351

 

 

 

(954)

 

 

(798)

Joint ventures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nuevo Puerto Santa Fe

 

 

5,694

 

 

 

815

 

 

 

815

 

 

 

(1,232)

 

 

1,203

 

 

 

191

 

 

 

(1,634)

 

 

(240)