| Schedule of Cost of Goods Sold |
Amortization of breed stock fish is included under the caption “Cost of
goods sold” in the statement of income.
| Current
biological assets (consumable): | |
December
31, 2025 | | |
December
31, 2024 | |
| | |
Amount | | |
Quantity
(thousands) | | |
Amount | | |
Quantity
(thousands) | |
| | |
| | |
| | |
| | |
| |
| Chicken and eggs | |
| 682,393 | | |
| 705,445 | | |
| 598,232 | | |
| 553,455 | |
| Cattle | |
| 96,498 | | |
| 70 | | |
| 68,789 | | |
| 64 | |
| Hogs | |
| 786,831 | | |
| 8,553 | | |
| 731,104 | | |
| 8,153 | |
| Lamb | |
| 8,811 | | |
| 48 | | |
| 189 | | |
| 1 | |
| Fish (biomass - kg) | |
| 252,233 | | |
| 30,099 | | |
| 209,909 | | |
| 23,525 | |
| Total
current | |
| 1,826,766 | | |
| | | |
| 1,608,223 | | |
| | |
| Non-current
biological assets (bearer assets): | |
December
31, 2025 | | |
December
31, 2024 | |
| | |
Amount | | |
Quantity
(thousands) | | |
Amount | | |
Quantity
(thousands) | |
| | |
| | |
| | |
| | |
| |
| Mature chickens (breeding stage) | |
| 238,586 | | |
| 26,561 | | |
| 204,160 | | |
| 26,052 | |
| Immature chickens (in development) and eggs | |
| 232,359 | | |
| 17,260 | | |
| 189,763 | | |
| 16,362 | |
| Cattle | |
| 2,130 | | |
| 1 | | |
| 2,225 | | |
| 1 | |
| Hogs | |
| 124,981 | | |
| 688 | | |
| 106,793 | | |
| 680 | |
| Mature fish (biomass - kg) | |
| 1,821 | | |
| 58 | | |
| 1,178 | | |
| 51 | |
| Immature fish (biomass - kg) and eggs | |
| 10,128 | | |
| 692 | | |
| 12,372 | | |
| 574 | |
| Eucalyptus forests (hectares) | |
| 1,794 | | |
| 893 | | |
| 1,743 | | |
| 938 | |
| Total
non-current | |
| 611,799 | | |
| | | |
| 518,234 | | |
| | |
| Total
of biological assets: | |
| 2,438,565 | | |
| | | |
| 2,126,457 | | |
| | |
|
| Schedule of Changes in Biological Assets |
| Changes
in biological assets: | |
Current | | |
Non-current | |
| | |
December 31,
2025 | | |
December 31,
2024 | | |
December 31,
2023 | | |
December 31,
2025 | | |
December 31,
2024 | | |
December 31,
2023 | |
| Balance
at the beginning of the period | |
| 1,608,223 | | |
| 1,712,153 | | |
| 1,861,106 | | |
| 518,234 | | |
| 531,477 | | |
| 501,958 | |
| Business
combination | |
| — | | |
| — | | |
| (24,542 | ) | |
| — | | |
| — | | |
| — | |
| Increase
by reproduction (born) and cost absorption including death | |
| 10,602,793 | | |
| 10,680,387 | | |
| 12,721,303 | | |
| 1,471,224 | | |
| 1,366,906 | | |
| 818,182 | |
| Reduction
for slaughter, sale or consumption | |
| (11,922,256 | ) | |
| (12,129,791 | ) | |
| (13,522,290 | ) | |
| (84,532 | ) | |
| (67,825 | ) | |
| (66,503 | ) |
| Purchases | |
| 498,175 | | |
| 435,186 | | |
| 397,946 | | |
| 255,223 | | |
| 235,677 | | |
| 180,727 | |
| Fair value adjustments | |
| 18,912 | | |
| 158,788 | | |
| (85,715 | ) | |
| 236 | | |
| (189 | ) | |
| 700 | |
| Reclassification
from non-current to current | |
| 925,386 | | |
| 913,073 | | |
| 307,195 | | |
| (925,386 | ) | |
| (913,073 | ) | |
| (307,195 | ) |
| Exchange
rate variation | |
| 95,533 | | |
| (161,573 | ) | |
| 57,150 | | |
| 29,457 | | |
| (45,443 | ) | |
| 12,426 | |
| Amortization | |
| — | | |
| — | | |
| — | | |
| (652,657 | ) | |
| (589,296 | ) | |
| (608,818 | ) |
| Balance
at the end of the period | |
| 1,826,766 | | |
| 1,608,223 | | |
| 1,712,153 | | |
| 611,799 | | |
| 518,234 | | |
| 531,477 | |
|