v3.26.3
Investments in associates and joint ventures (Tables)
12 Months Ended
Jun. 30, 2026
Schedule of groups investments in associates and joint ventures

 

 

06.30.2026

 

 

06.30.2025

 

Beginning of the year

 

 

237,881

 

 

 

240,853

 

Sale of interest in associates

 

 

-

 

 

 

(4,991)

Capital contributions (Note 30)

 

 

-

 

 

 

47

 

Share of profit

 

 

39,134

 

 

 

37,292

 

Currency translation adjustment 

 

 

(436)

 

 

128

 

Dividends (Note 30)

 

 

(13,373)

 

 

(35,716)

Transfers from/to financial assets (ii)

 

 

-

 

 

 

466

 

Decrease of interest (iii)

 

 

-

 

 

 

(198)

End of the year (i)

 

 

263,206

 

 

 

237,881

 

Schedule of additional information related to the groups investment

 

% ownership interest

 

 

Value of Group’s interest in equity

 

 

Group’s interest in comprehensive income / (loss)

 

Name of the entity

 

06.30.2026

 

 

06.30.2025

 

 

06.30.2026

 

 

06.30.2025

 

 

06.30.2026

 

 

06.30.2025

 

 

06.30.2024

 

Associates and joint ventures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

New Lipstick

 

 

49.96%

 

 

49.96%

 

 

3,248

 

 

 

1,966

 

 

 

1,281

 

 

 

(45)

 

 

(57)

BHSA (1)

 

 

29.12%

 

 

29.12%

 

 

190,441

 

 

 

178,740

 

 

 

15,784

 

 

 

18,215

 

 

 

54,463

 

BACS

 

 

37.72%

 

 

37.72%

 

 

15,532

 

 

 

14,749

 

 

 

784

 

 

 

601

 

 

 

4,416

 

Nuevo Puerto Santa Fe

 

 

50.00%

 

 

50.00%

 

 

9,755

 

 

 

11,356

 

 

 

1,399

 

 

 

3,587

 

 

 

544

 

La Rural SA

 

 

50.00%

 

 

50.00%

 

 

37,836

 

 

 

28,070

 

 

 

16,055

 

 

 

14,924

 

 

 

14,081

 

GCDI

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

693

 

 

 

(10,574)

Other joint ventures

 

 

N/A

 

 

 

N/A

 

 

 

6,394

 

 

 

3,000

 

 

 

3,395

 

 

 

(555)

 

 

349

 

Total associates and joint ventures

 

 

 

 

 

 

 

 

 

 

263,206

 

 

 

237,881

 

 

 

38,698

 

 

 

37,420

 

 

 

63,222

 

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

 

 

 

 

 

 

Financial information

 

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(*)

 

 

(1)(*)

 

 

(51)

BHSA (1)

 

Argentina

 

Financial

 

 

436,780,922(**)

 

 

1,500(**)

 

 

54,205(**)

 

 

637,787

 

BACS

 

Argentina

 

Financial

 

 

33,125,751(**)

 

 

88(**)

 

 

2,078(**)

 

 

41,175

 

Nuevo Puerto Santa Fe

 

Argentina

 

Real estate

 

 

138,750

 

 

 

28

 

 

 

2,798

 

 

 

18,738

 

La Rural SA

 

Argentina

 

Organization of events

 

 

714,998(**)

 

 

1(**)

 

 

32,364(**)

 

 

75,717

 

 

 

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

 

 

 

06.30.2026

 

Associates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BHSA

 

 

2,732,324

 

 

 

1,207,912

 

 

 

3,269,047

 

 

 

17,083

 

 

 

654,106(i)

 

 

29.12%

 

 

190,476

 

 

 

(35)

 

 

190,441

 

Joint ventures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nuevo Puerto Santa Fe

 

 

2,740

 

 

 

26,632

 

 

 

2,025

 

 

 

8,610

 

 

 

18,737

 

 

 

50.00%

 

 

9,369

 

 

 

386

 

 

 

9,755

 

.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

06.30.2025

Associates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BHSA

 

 

2,358,673

 

 

 

2,268,697

 

 

 

3,992,329

 

 

 

14,148

 

 

 

620,893(i)

 

 

29.12%

 

 

180,804

 

 

 

(2,064)

 

 

178,740

 

Joint ventures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nuevo Puerto Santa Fe

 

 

6,093

 

 

 

26,844

 

 

 

1,803

 

 

 

9,193

 

 

 

21,941

 

 

 

50.00%

 

 

10,971

 

 

 

385

 

 

 

11,356

 

 

 

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

 

 

 

06.30.2026

 

Associates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BHSA

 

 

1,287,153

 

 

 

54,205

 

 

 

54,205

 

 

 

(14,022)

 

 

(14,690)

 

 

(1,523)

 

 

(15,801)

 

 

(32,014)

Joint ventures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nuevo Puerto Santa Fe

 

 

9,072

 

 

 

2,798

 

 

 

2,798

 

 

 

(6,001)

 

 

4,214

 

 

 

(2,853)

 

 

(2,170)

 

 

(809)

.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

06.30.2025

Associates

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BHSA

 

 

1,316,136

 

 

 

62,172

 

 

 

62,172

 

 

 

(95,300)

 

 

192,931

 

 

 

(3,555)

 

 

86,065

 

 

 

275,441

 

Joint ventures

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nuevo Puerto Santa Fe

 

 

8,407

 

 

 

7,175

 

 

 

7,175

 

 

 

(1,034)

 

 

4,042

 

 

 

(2,261)

 

 

(1,066)

 

 

715