XML 44 R25.htm IDEA: XBRL DOCUMENT
v3.20.1

Investments in joint ventures | 12 Months Ended
--- | ---
Dec. 31, 2019
Disclosure of joint ventures [abstract] |
Investments in joint ventures | Investments in joint ventures The table below lists the Group’s investment in joint ventures for the years ended December 31 2018 and 2017:
|  | % of ownership interest held
Name of the entity | Country of incorporation and operation | 2018 | 2017
CHS AGRO S.A. | Argentina | 50 | % | 50 | %
On February 26, 2013, the Group formed CHS AGRO, a joint venture with CHS Inc. CHS Inc. is a leading farmer-owned energy, grains and foods company based in the United States. The Group holds a 50% interest in CHS AGRO. On October 2014, CHS AGRO finished its sunflower processing plant in the city of Pehuajo, Province of Buenos Aires, Argentina. In January 2019, the Company acquired, the remaining 50% of CHS Agro S.A. a joint venture between the Company and CHS Argentina S.A. After this acquisition, the Company own 100% of CHS Agro S.A. which has since been renamed as Girasoles del Plata S.A. (See Note 22). Thus, the Company is not part of any Joint Venture as of December 31, 2019. The following amounts represent the assets (including goodwill) and liabilities, and income and expenses of the joint ventures:
| 2018
Assets: |  |
Non-current assets | 9,860 |
Current assets | 6,710 |
| 16,570 |
Liabilities: |  |
Non-current liabilities | 25,949 |
Current liabilities | 18,622 |
| 44,571 |
Net liabilities of joint venture | (28,001 | )
| 2018 |  | 2017
Income | 9,305 |  |  | 14,879 |
Expenses | (31,989 | ) |  | (22,657 | )
Loss before income tax | (22,684 | ) |  | (7,778 | )

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfJointVenturesAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of joint ventures. [Refer: Joint ventures [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2018-01-01 -Paragraph 17 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=27&date=2018-03-01&anchor=para_17_b&doctype=Standard -URIDate 2018-03-16 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2018-01-01 -Paragraph 16 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IAS&num=27&date=2018-03-01&anchor=para_16_b&doctype=Standard -URIDate 2018-03-16 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2018-01-01 -Paragraph B4 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/XBRL?type=IFRS&num=12&date=2018-03-01&anchor=para_B4_b&doctype=Appendix&seq=2 -URIDate 2018-03-16 + Details
Name: | ifrs-full_DisclosureOfJointVenturesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration