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Investments in associates and joint ventures (Tables)

12 Months Ended

Jun. 30, 2021

Schedule of Group's investments in joint ventures

	June 30, 2021			June 30, 2020
Beginning of the year		111,714			53,742
Adjustment previous years (IFRS 9 and IAS 28)		-			(2,972	)
Increase in equity interest in associates and joint ventures		-			5,020
Capital contributions		42			4,058
Capital reduction		-			(159	)
Decrease of interest in associate (iv)		(43,849	)		-
Deconsolidation (i)		(48,443	)		43,822
Share of profit / (loss)		(3,035	)		13,022
Impairment (iii)		(626	)		-
Currency translation adjustment		(3,579	)		76
Dividends		-			(2,734	)
Other comprehensive income		(54	)		(1,869	)
Reclassification to held-for-sale		-			(3,109	)
Others		(12	)		(5	)
Incorporation by business combination		-			2,822
End of the year (ii)		12,158			111,714

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	June 30, 2021			June 30, 2020			June 30, 2019			June 30, 2021		June 30, 2020		June 30, 2021			June 30, 2020			June 30, 2019
Associates
New Lipstick		49.96	%		49.96	%		49.96	%		218		701		(480	)		11,465			(4,805	)
BHSA (1)		29.91	%		29.91	%		29.91	%		5,361		6,118		(756	)		(571	)		(3,621	)
Condor (2)		18.89	%		18.89	%		18.89	%		1,620		2,224		(414	)		180			59
PBEL		N/A			45.00	%		45.40	%		-		-		-			-			(176	)
Shufersal (4)		N/A			26.02	%		26.02	%		-		42,223		24			7,834			446
Mehadrin		N/A			N/A			45.41	%		-		-		-			-			(167	)
Gav-Yam		N/A			34.90	%		N/A			-		40,970		39			(1,181	)		-
Quality (3)		50.00	%		50.00	%		50.00	%		2,927		3,156		(259	)		278			(876	)
La Rural SA		50.00	%		50.00	%		50.00	%		169		305		(135	)		153			216
TGLT (5)		27.82	%		30.20	%		N/A			937		3,093		(2,157	)		(174	)		-
Other joint ventures		N/A			N/A			N/A			926		12,924		(2,476	)		(4,886	)		(2,062	)
Total associates and joint ventures											12,158		111,714		(6,614	)		13,098			(10,986	)

Name of the entity

Place of

business /

Country of

incorporation

Main
activity

Common

shares

1 vote

Latest financial statements issued

Share capital (nominal value)

Loss for

the year

Shareholders’

equity

Associates

New Lipstick

U.S.

Real estate

N/A

(*) (10

)

(*) (41

)

BHSA

Argentina

Financial

448,689,072

(***) 1,500

(***) (2,528

)

(***) 17,276

Condor

EE.UU.

Hotel

2,245,100

(*) 232

(*) (178

)

(*) 54

Quality

Argentina

Real estate

225,146,012

450

(518

)

5,760

La Rural SA

Argentina

Organization of events

714,498

(64

)

378

TGLT (5)

Argentina

Real estate

257,320,997

925

(4,625

)

4,311

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

	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
As of 06.30.21
Associates
BHSA		114,759		71,092		156,405		11,661		17,785		29.91	%		5,319		42		5,361
Joint ventures
Quality Invest (ii)		5		8,842		100		2,987		5,760		50.00	%		2,880		47		2,927

As of 06.30.20
Associates
BHSA		115,457		65,503		153,639		6,954		20,367		29.91	%		6,092		26		6,118
Gav-Yam		63,028		249,149		29,726		176,864		105,587		34.90	%		36,850		4,120		40,970
Shufersal		110,169		280,922		138,032		194,095		58,964		26.02	%		15,342		26,881		42,223
Joint ventures
Quality Invest (ii)		6		8,299		131		1,956		6,218		50.00	%		3,109		47		3,156

	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
As of 06.30.21 (i)
Associates
BHSA		29,257		(2,528	)		(2,528	)		-		4,318			(129	)		(28,139	)		(23,950	)
Joint ventures
Quality Invest (ii)		45		(518	)		(518	)		-		(59	)		(4	)		63			-
As of 06.30.20 (i)
Associates
BHSA		19,576		(1,911	)		(1,911	)		-		6,993			56			(5,204	)		1,845
Gav-Yam		17,350		10,161			8,195			5,388		7,639			(8,596	)		23,835			22,878
Shufersal		327,436		7,579			6,759			2,155		32,855			(4,069	)		(20,717	)		8,069
Joint ventures
Quality Invest (ii)		27		556			556			-		(134	)		-			134			-