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Investment properties (Tables)
 12 Months Ended
Jun. 30, 2019
Investment Properties [Abstract]  
Schedule of investment properties
   June 30, 2019   June 30, 2018 
   Level 2   Level 3   Level 2   Level 3 
Fair value at the beginning of the year   25,453    227,786    16,438    184,858 
Additions   3,614    4,510    2,281    3,483 
Financial cost charged   152    11    37    97 
Capitalized leasing costs   8    3    11    25 
Amortization of capitalized leasing costs (i)   (6)   (9)   (5)   (2)
Transfers   (487)   790    516    1,775 
Deconsolidation (see Note 4,I,)   -    -    -    (7,229)
Assets incorporated by business combination   -    -    185    - 
Disposals   (50)   (2,572)   (227)   (630)
Cumulative translation adjustment   (47)   (2,086)   -    34,352 
Net gain / (loss) from fair value adjustment   2,096    (25,806)   6,217    11,057 
Fair value at the end of the year   30,733    202,627    25,453    227,786 

  

(i) Amortization charges of capitalized leasing costs were included in “Costs” in the Statements of Income (Note 23).
Schedule of investment property of the Group
  06.30.2019   06.30.2018 
Rental properties   205,353    219,814 
Undeveloped parcels of land   19,946    19,615 
Properties under development   4,419    13,810 
Total   233,360    253,239 
Schedule of recognized in the Statements of Income
   06.30.19   06.30.18   06.30.17 
Rental and services income   20,993    19,252    19,678 
Direct operating expenses   (5,663)   (5,377)   (6,108)
Development expenditures   (61)   (2,892)   (3,114)
Net realized gain from fair value adjustment of investment properties   575    369    258 
Net unrealized (loss) / gain from fair value adjustment of investment properties   (24,285)   16,905    (4,647)
Schedule of fair value measurements of investment properties

 

            Sensitivity (i) 
            06.30.19   06.30.19 
Description  Valuation technique  Parameters  Range fiscal year
2019 / (2018)		  Increase   Decrease   Increase   Decrease 
Rental properties    Discount rate  7.00% to 9.00% /
(7.00% to 9.00%)		   (2,670)   3,046    (2,421)   2,900 
in Israel - Offices (Level 3)  Discounted cash flows  Weighted average rental value per square meter (m2) per month, in NIS  NIS 67 / (NIS 63) /   4,697    (4,697)   4,725    (4,725)
Rental properties    Discount rate  7.00% to 9.00% /
(7.00% to 9.00%)		   (1,351)   1,544    (2,057)   2,267 
in Israel - Commercial use (Level 3)  Discounted cash flows  Weighted average rental value per square meter (m2) per month, in NIS   NIS 90 / (NIS 87)   2,132    (2,132)   2,551    (2,551)
Rental properties    Discount rate  7.75% to 9.00% /
(7.75% to 9.00%)		   (502)   570    (742)   837 
in Israel - Industrial use (Level 3)  Discounted cash flows  Weighted average rental value per square meter (m2) per month, in NIS  NIS 32 / (NIS 31)   1,211    (1,211)   1,549    (1,549)
Rental properties    Discount rate  6.25% / (6.25%)   (1,526)   1,616    (1,886)   1,974 
in USA - HSBC Building (Level 3)  Discounted cash flows  Weighted average rental value per square meter (m2) per month, in US$  US$ 78 / (US$ 73)   3,339    (3,339)   4,129    (4,129)
Rental properties    Discount rate  8.50% / (8.50%)   (327)   345    (208)   219 
in USA - Las Vegas project (Level 3)  Discounted cash flows  Weighted average rental value per square meter (m2) per month, in US$  US$ 27 / (US$ 33)   410    (410)   468    (468)
Shopping Malls in    Discount rate  12.10% / (9.79%)   (3,266)   4,073    (7,850)   10,573 
Argentina (Level 3)  Discounted cash flows  Growth rate  3% / (3%)   1,536    (1,232)   4,829    (3,589)
      Inflation  (*)   2,860    (2,618)   6,277    (5,667)
      Devaluation  (*)   (3,035)   4,364    (10,196)   15,294 
Plot of land in  Comparable with  Value per square meter (m2)  Ps. 13,033 /
(Ps. 14,312)		   935    (935)   100    (100)
Argentina (Level 3)  incidence adjustment  % of incidence  30% / (30%)   3,119    (3,119)   3,368    (3,368)
Properties under  Estimated fair value of the  Weighted average construction cost per square meter (m2) in NIS  5,787 NIS/m2 /
(5,787 NIS/m2)		                    
development in Israel (Level 3)  investment property after completing the construction  Annual weighted average discount rate  7.00% to 9.00% /
(7.00% to 9.00%)		   (642)   642    (586)   586 

 

(*)

For the next 5 years, an average AR$ / US$ exchange rate with an upward trend was considered, starting at Ps. 38.05 (corresponding to the year ended June 30, 2019) and arriving at Ps. 72.16 (for 2018 starting at Ps. 19.51 and arriving at Ps 49.05). In the long term, a nominal devaluation rate of 5.7% calculated based on the quotient between inflation in Argentina and the United States is assumed. The considered inflation shows a downward trend, which starts at 55.5% (corresponding to the year ended June 30, 2019) and stabilizes at 8% after 5 years (25% for 2018) These assumptions were determined at the closing date of the fiscal year.

(i) Considering an increase or decrease of: 100 points for the discount and growth rate in Argentina, 10% for the incidence and inflation, 10% for the devaluation, 50 points for the discount rate of Israel and USA, and 1% for the value of the m2.