XML 42 R21.htm IDEA: XBRL DOCUMENT v3.20.1
Right of use assets
 12 Months Ended
Dec. 31, 2019
Rights of Use [Abstract]  
Right of use assets
Right of use assets

Changes in the Group’s right of use assets in 2019 were as follows:

 
Agricultural partnerships
 
Others
 
Total
 
 
At January 1, 2019
 
 
 
 
 
Adoption of IFRS 16
194,763

 
10,174

 
204,937

Exchange differences
1,582

 
(14,364
)
 
(12,782
)
Additions and re-measurement
60,770

 
30,296

 
91,066

Depreciation
(37,278
)
 
(7,890
)
 
(45,168
)
Closing net book amount
219,837

 
18,216

 
238,053



Since January 1,2019, the Company mandatorily adopted IFRS 16, (Note 35.1). Agricultural partnership has an average of 6 years duration.

As of December 31, 2019 included within Right of use assets balances are US$ 706 related to the net book value of assets under finance leases.

Depreciation charges are included in “Cost of production of Biological Assets”, “Cost of production of manufactures products”, “General and administrative expenses”, “Selling expenses” and capitalized in “Property, plant and equipment” for the year ended December 31, 2019.