v3.26.3
Investments
12 Months Ended
Jun. 30, 2026
Investments [Abstract]  
Investments

12. Investments

 

a) Changes in investments

 

    2025     Share of profit of
a joint venture
    Effect from
conversion
    2026  
Cresca     79       (7 )     (4 )     68  
Agrofy     1,256       -       -       1,256  
      1,335       (7 )     (4 )     1,324  

 

    2024     Share of profit of
a joint venture
    Effect from
conversion
    2025  
Cresca     1,478       (1,424 )     25       79  
Agrofy     1,256       -       -       1,256  
      2,734       (58 )     201       1,335  

 

b) Interest in Joint Venture

 

The Company holds an interest in a joint venture of Cresca S.A., which trades in agricultural and livestock products. The summarized information, based on the financial statements prepared in accordance with the accounting practices adopted in Brazil and with IFRS® Accounting Standards, and the reconciliation with the book value of the investment in the consolidated financial statements are presented below:

 

    2026     2025  
Assets     136       164  
Current     80       121  
Cash and cash equivalents     80       121  
Noncurrent     56       43  
Other noncurrent     56       43  
                 
Liabilities     -       6  
Current     -       6  
Trade payables, taxes and loans     -       6  
Total net assets     136       158  
Company’s interest – 50%     50 %     50 %
Company’s interest in net assets at estimated fair value     68       79