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

22. Revenues

 

a) Operating sales

 

    2026     2025     2024  
Sales of grains     563,828       442,530       420,072  
Sales of cotton     99,146       90,583       79,800  
Sales of sugarcane     199,604       325,265       239,313  
Sales of beef cattle     40,591       26,457       31,362  
Lease     13,443       11,868       17,833  
Other revenues     5,604       5,026       7,400  
Gross operating revenue     922,216       901,729       795,780  
                         
Sales deductions                        
Taxes on sales     (30,564 )     (24,286 )     (24,654 )
Net revenue     891,652       877,443       771,126  

 

Revenue from the sale of biological assets is recognized when control of the assets is transferred to the customer, generally upon physical delivery of the assets or as contractually stipulated. This recognition occurs at a specific point in time, as provided for IFRS 15, which states that an entity should recognize revenue when (or as) it satisfies a performance obligation by transferring control of a good or service to the customer.

 

b) Sale of farms

 

    2026     2025     2024  
Sale of farm (i)     4,417       343,113       421,549  
Adjustment to present value     (353 )     (101,814 )     (127,024 )
Gross revenue from sale of farm     4,064       241,299       294,525  
                         
Sales taxes     (84 )     (8,304 )     (10,751 )
Cost of sale of farm     (1,902 )     (52,909 )     (35,399 )
                         
Gain from sale of farm     2,078       180,086       248,375  
Selling expenses     -       (6,825 )     (5,787 )
Income tax and social contribution     (31 )     (7,007 )     (9,072 )
Net gain from sale of farms     2,047       166,254       233,516  
                         

 

(i) In fulfillment of obligations linked to sales from prior periods, net revenue of R$1,005 was recognized as variable consideration pursuant to IFRS 15 – Revenue from Contracts with Customers.

 

Revenue from the sale of rural properties is recognized when all criteria for transferring ownership of the asset are met, including the execution of the sale and purchase agreement, settlement or commencement of payment as agreed, and the transfer of risks and rewards to the buyer. In cases where there are contractual clauses that imply additional obligations or conditions precedent, the Company assesses whether revenue recognition should occur over time, in accordance with the ongoing performance criteria established in the standard rule.