v3.26.3
Consolidated Statements of Cash Flows - BRL (R$)
R$ in Thousands
 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2024
CASH FLOW FROM OPERATING ACTIVITIES      
Net income (loss) for the year R$ (90,009) R$ 138,019 R$ 226,867
Adjustments to reconcile net income for the year      
Depreciation and amortization 79,540 74,953 80,175
Gain on sale of farm (2,078) (180,086) (194,842)
Residual value of property, plant and equipment and intangible assets disposed 4,001 11,552 7,369
Write-off of capitalized costs in investment properties 1,780 466 (1,478)
Share of (loss) profit of a joint venture 7 1,424 58
Unrealized loss (gain) on derivatives, net (1,238) (63,718) 82,600
Accrued interest, charges, foreign exchange effects and other from short-term investments 115,660 111,975 41,225
Gain on remeasurement of receivable from sale of farms, net (5,099) (15,709) (72,914)
Effect of share-based incentive plan (ILPA) 1,108 1,392 1,800
Deferred income and social contribution taxes (67,796) (32,686) (58,826)
Changes in fair value of biological assets and agricultural products (32,080) (122,671) (40,499)
Adjustments to net realizable value of agricultural products after harvest 1,074 8,069 1,091
(Reversal of) Allowance for expected credit losses 7 (203)
Provision for legal claims 2,899 331 (437)
Lease write-offs (529) (144)
Total 7,247 (67,036) 72,189
Changes in assets and liabilities      
Trade accounts receivable 46,773 (35,896) 7,462
Inventories (55,833) (137,377) (59,446)
Biological assets 88,427 133,289 69,918
Recoverable taxes (56,611) (10,418) (9,668)
Derivative financial instruments 1,484 7,667 27,003
Other receivables 8,226 11,027 (24,563)
Trade accounts payable (12,520) 4,619 (28,701)
Related parties 2,904 (169) 154
Taxes payable (2,470) 14,015 435
Salaries and payroll 1,067 812 (8,662)
Advances from customers 17,059 (17,516) 12,052
Leases payable (12,840) (8,937) (7,799)
Other liabilities (9,643) (5,677) 37,921
Legal claims (120) (238) (156)
Receivables from the sale of farms 179,273 269,802 263,825
Acquisitions of investment properties (55,398) (67,772) (102,622)
Farm acquisitions (4,852) (146,948)
Net cash provided by (used in) operations 147,025 85,343 102,394
Income tax and social contribution (26,204) (13,808) (22,972)
Net cash provided by operating activities 120,821 71,535 79,422
CASH FLOW FROM INVESTING ACTIVITIES      
Acquisition of property, plant and equipment and intangible assets (63,912) (79,973) (68,405)
Redemption of marketable securities 5,864 41,050 40,559
Cash acquired in business combination 12
Net cash flows used in investing activities (58,048) (38,911) (27,846)
CASH FLOW FROM FINANCING ACTIVITIES      
Proceeds from loans, financing and debentures 616,614 443,601 448,057
Interest paid on loans, leases, financing and debentures (82,147) (63,886) (43,873)
Payment of loans and financing (496,559) (284,429) (350,933)
Dividends distributed (74,990) (155,983) (319,053)
Capital increase, net of share issue costs 3
Net cash flows from (used in) financing activities (37,082) (60,697) (265,799)
Increase (decrease) in cash and cash equivalents 25,691 (28,073) (214,223)
Cash and cash equivalents at beginning of year 142,908 170,953 383,837
Effect of exchange rate changes on cash and cash equivalents (100) 28 1,339
Cash and cash equivalents at end of year R$ 168,499 R$ 142,908 R$ 170,953