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Property, plant and equipment (Tables)
 12 Months Ended
Dec. 31, 2018
Property, plant and equipment [abstract]  
Disclosure of detailed information about property, plant and equipment
Changes in the Group’s property, plant and equipment in 2018 and 2017 were as follows:
 
 
Farmlands (*)
 
Farmland
improvements
 
Buildings and  
facilities
 
Machinery,  
equipment,  
furniture and
fittings
 
Bearer plants
 
Others
 
Work in  
progress
 
Total
At January 1, 2017
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Cost
122,117

 
20,907

 
305,748

 
633,536

 
341,666

 
15,067

 
21,641

 
1,460,682

Accumulated depreciation
—

 
(11,267
)
 
(115,693
)
 
(382,226
)
 
(125,497
)
 
(11,132
)
 
—

 
(645,815
)
Net book amount
122,117

 
9,640

 
190,055

 
251,310

 
216,169

 
3,935

 
21,641

 
814,867

At December 31, 2017
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 
Opening net book amount
122,117

 
9,640

 
190,055

 
251,310

 
216,169

 
3,935

 
21,641

 
814,867

Exchange differences
(11,374
)
 
(1,219
)
 
(4,473
)
 
(5,853
)
 
(4,089
)
 
(390
)
 
(2,901
)
 
(30,299
)
Additions
—

 
—

 
15,495

 
62,101

 
84,278

 
2,351

 
37,856

 
202,081

Transfers
—

 
2,711

 
12,963

 
11,183

 
—

 
11

 
(26,868
)
 
—

Disposals
—

 
—

 
(162
)
 
(3,913
)
 
—

 
(40
)
 
—

 
(4,115
)
Reclassification to non-income tax credits (**)
—

 
—

 
(205
)
 
(788
)
 
—

 
—

 
(93
)
 
(1,086
)
Depreciation
—

 
(2,125
)
 
(20,829
)
 
(67,960
)
 
(57,448
)
 
(1,709
)
 
—

 
(150,071
)
Closing net book amount
110,743

 
9,007

 
192,844

 
246,080

 
238,910

 
4,158

 
29,635

 
831,377


 
Farmlands (*)
 
Farmland
improvements
 
Buildings and
facilities
 
Machinery,
equipment,
furniture and
fittings
 
Bearer plants
 
Others
 
Work in
progress
 
Total
At December 31, 2017
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Cost
110,743

 
22,399

 
329,366

 
696,266

 
421,855

 
16,999

 
29,635

 
1,627,263

Accumulated depreciation
—

 
(13,392
)
 
(136,522
)
 
(450,186
)
 
(182,945
)
 
(12,841
)
 
—

 
(795,886
)
Net book amount
110,743

 
9,007

 
192,844

 
246,080

 
238,910

 
4,158

 
29,635

 
831,377

Year ended December 31, 2018
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 
Opening net book amount
110,743

 
9,007

 
192,844

 
246,080

 
238,910

 
4,158

 
29,635

 
831,377

Adjustment of opening net book amount for the application of IAS 29
211,328

 
11,520

 
22,563

 
5,181

 
—

 
1,140

 
856

 
252,588

Exchange differences
(78,858
)
 
(3,310
)
 
(34,195
)
 
(49,222
)
 
(36,504
)
 
1,410

 
(6,408
)
 
(207,087
)
Additions
—

 
97

 
13,773

 
50,759

 
96,365

 
2,098

 
61,829

 
224,921

Revaluation surplus (Note 33)
545,129

 
—

 
—

 
—

 
—

 
—

 
—

 
545,129

Reclassification from investment property
3,313

 
—

 
—

 
—

 
—

 
—

 
—

 
3,313

Transfers
—

 
2,012

 
14,264

 
18,577

 
—

 
49

 
(34,902
)
 
—

Disposals
—

 
—

 
(149
)
 
(2,144
)
 
—

 
(85
)
 
(67
)
 
(2,445
)
Disposals of subsidiaries
(11,471
)
 
—

 
(593
)
 
(17
)
 
(1,667
)
 
—

 
—

 
(13,748
)
Reclassification to non-income tax credits (**)
—

 
—

 
(114
)
 
(422
)
 
—

 
—

 
(39
)
 
(575
)
Depreciation
—

 
(3,002
)
 
(19,771
)
 
(63,644
)
 
(64,148
)
 
(2,469
)
 
—

 
(153,034
)
Closing net book amount
780,184

 
16,324

 
188,622

 
205,148

 
232,956

 
6,301

 
50,904

 
1,480,439

At December 31, 2018
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 
Cost of fair value
780,184

 
32,718

 
344,915

 
718,978

 
480,049

 
21,611

 
50,904

 
2,429,359

Accumulated depreciation
—

 
(16,394
)
 
(156,293
)
 
(513,830
)
 
(247,093
)
 
(15,310
)
 
—

 
(948,920
)
Net book amount
780,184

 
16,324

 
188,622

 
205,148

 
232,956

 
6,301

 
50,904

 
1,480,439

 
(*) Prior periods have been recast to reflect the Company's change in accounting policy for Investment properties as described in Note 33.
(**) Brazilian federal tax law allows entities to take a percentage of the total cost of the assets purchased as a tax credit. As of December 31, 2018 and 2017, ICMS (Imposto sobre Circulação de Mercadorias e Prestação de Serviços) tax credits were reclassified to trade and other receivables.
Depreciation is calculated using the straight-line method to allocated their cost over the estimated usefull lives. Farmlands are not depreciated.
 
Farmland improvements
5-25 years
Buildings and facilities
20 years
Furniture and fittings
10 years
Computer equipment
3-5 years
Machinery and equipment
4-10 years
Vehicles
4-5 years
Bearer plants
6 years - based on productivity