XML 86 R63.htm IDEA: XBRL DOCUMENT v3.8.0.1

Equity-settled share-based payments Equity-settled share-based payments (Tables)

12 Months Ended

Dec. 31, 2017

Share-Based Payment Arrangements [Abstract]

Disclosure of number and weighted average exercise prices of share options

Movements in the number of equity-settled options outstanding and their related weighted average exercise prices under the Adecoagro/ IFH 2004 Stock Incentive Option Plan are as follows:

	2017						2016						2015
	Average exercise price per share			Options (thousands)			Average exercise price per  Share			Options (thousands)			Average exercise price per  Share			Options (thousands)
At January 1	6.66			1,641			6.67			1,696			6.71			1,916
Forfeited	—			—			—			—			5.83			(9	)
Exercised	5.83			(7	)		6.96			(55	)		7.11			(211	)
At December 31	6.66			1,634			6.66			1,641			6.67			1,696

Options outstanding at year end under this Plan have the following expiry date and exercise prices:

	Exercise price per share			Shares (in thousands)
Expiry date (i):				2017			2016			2015
May 1, 2024	5.83			496			495			495
May 1, 2025	5.83			452			452			461
January 1, 2026	5.83			142			150			174
February 16, 2026	7.11			103			103			103
October 1, 2026	8.62			441			441			463

(i) On May 2014, the Board of directors decided to extend the expired date of the Plan.

Movements in the number of equity-settled options outstanding and their related weighted average exercise prices under the Adecoagro/ IFH 2007/2008 Equity Incentive Plan are as follows:

	2017						2016						2015
	Average exercise price per share			Options (thousands)			Average exercise price per  share			Options (thousands)			Average exercise price per share			Options (thousands)
At January 1	13.07			1,658			13.07			1,701			13.07			1,729
Forfeited	13.40			(4	)		12.98			(43	)		13.01			(28	)
Expired	12.82			(803	)		—			—			—			—
At December 31	13.31			851			13.07			1,658			13.07			1,701

Options outstanding at year-end under the Adecoagro/ IFH 2007/2008 Equity Incentive Plan have the following expiry date and exercise prices:

	Exercise price per share			Shares (in thousands)
Expiry date:				2017			2016			2015
From Nov 13, 2017 to Aug 25, 2018	12.82			105			908			937
January 30, 2019	13.40			595			595			608
June 1, 2019	12.82			3			3			3
November 1, 2019	13.40			11			11			11
From Jan 30, 2020 to Sep 1, 2020	13.40			106			110			110
From Jan 30, 2020 to Sep 1, 2020	12.82			31			31			31

The following table shows the exercisable shares at year end under both the Adecoagro/ IFH 2004 Incentive Option Plan and the Adecoagro/ IFH 2007/ 2008 Equity Incentive Plan:

	Exercisable shares in thousands
2017	2,485
2016	3,299
2015	3,397

Disclosure of indirect measurement of fair value of goods or services received, other equity instruments granted during period

Key grant-date fair value and other assumptions under the Restricted Share Plan are detailed below:

Grant Date	Apr 1,  2015			May 15,  2015			Apr 1, 2016			May 15, 2016			Apr 1, 2017			May 15, 2017
Fair value	9.45			8.62			12.63			12.52			11.88			12.14
Possibility of ceasing employment before vesting	5	%		0	%		5	%		0	%		—	%		0	%

Disclosure of number and weighted average exercise prices of other equity instruments

Movements in the number of restricted shares outstanding under the Restricted Share Plan are as follows: 

	Restricted stock units (thousands)			Restricted stock units (thousands)			Restricted stock units (thousands)
	2017			2016			2015
At January 1	1,000			1,018			861
Granted (1)	488			464			626
Forfeited	(29	)		(29	)		(37	)
Vested	(490	)		(453	)		(432	)
At December 31	969			1,000			1,018

(1) Approved by the Board of Directors of March 14, 2017 and the Shareholders Meeting of April 19, 2017

X

- Definition

Share-Based Payment Arrangements [Abstract]

+ References

No definition available.

+ Details

Name:	agro_ShareBasedPaymentArrangementsAbstract
Namespace Prefix:	agro_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of information about indirect, by reference to the fair value of the equity instruments granted, measurement of the fair value of goods or services received as consideration for the entity's other equity instruments (ie other than share options).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2017-01-01
-Paragraph 47
-Subparagraph b
-URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=2&date=2017-03-01&anchor=para_47_b&doctype=Standard
-URIDate 2017-03-09

+ Details

Name:	ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedOtherEquityInstrumentsGrantedDuringPeriodExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of the number and weighted average exercise prices of other equity instruments (ie other than share options).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name IFRS
-Number 2
-IssueDate 2017-01-01
-Paragraph 45
-URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=2&date=2017-03-01&anchor=para_45&doctype=Standard
-URIDate 2017-03-09

+ Details

Name:	ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of the number and weighted average exercise prices of share options. [Refer: Weighted average [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2017-01-01
-Paragraph 45
-Subparagraph b
-URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=2&date=2017-03-01&anchor=para_45_b&doctype=Standard
-URIDate 2017-03-09

+ Details

Name:	ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration