XML 63 R38.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Provisions for other liabilities | 12 Months Ended
--- | ---
Dec. 31, 2023
Disclosure of other provisions [abstract] |
Provisions for other liabilities | Provisions for other liabilities The Group is subject to several laws, regulations and business practices of the countries where it operates. In the ordinary course of business, the Group is subject to certain contingent liabilities with respect to existing or potential claims, lawsuits and other proceedings, including those involving tax, labor and social security, administrative and civil and other matters. The Group accrues liabilities when it is probable that future costs will be incurred and it can reasonably estimate them. The Group bases its accruals on up-to-date developments, estimates of the outcomes of the matters and legal counsel experience in contesting, litigating and settling matters. As the scope of the liabilities becomes better defined or more information is available, the Group may be required to change its estimates of future costs, which could have a material effect on its results of operations and financial condition or liquidity. The table below shows the movements in the Group's provisions for other liabilities categorized by type of provision:
| Labor, legal and other claims |  | Others |  | Total
At January 1, 2022 | 2,527 |  |  | 3,459 |  |  | 5,986 |
Additions | 1,347 |  |  | 400 |  |  | 1,747 |
Acquisition of subsidiaries | 300 |  | — |  |  | 300 |
Used during year | (1,237) |  |  | (3,416) |  |  | (4,653) |
Exchange differences | 92 |  |  | (37) |  |  | 55 |
At December 31, 2022 | 3,029 |  |  | 406 |  |  | 3,435 |
Additions | 2,522 |  |  | 34 |  |  | 2,556 |
Used during year | (1,558) |  |  | (379) |  |  | (1,937) |
Exchange differences | (426) |  |  | (29) |  |  | (455) |
At December 31, 2023 | 3,567 |  |  | 32 |  |  | 3,599 |
Analysis of total provisions:
| 2023 |  | 2022
Non current | 2,871 |  |  | 2,526 |
Current | 728 |  |  | 909 |
| 3,599 |  |  | 3,435 |
The Group is engaged in several legal proceedings, including tax, labor, civil, administrative and other proceedings in Brazil, which qualified as contingent liabilities for an aggregate claimed nominal amount of US$78.5 million and US$78.5 million as of December 31, 2023 and 2022, respectively. These amounts refers to a claim of the tax authorities in Brazil of the exclusion of the calculation base of Income Tax of the accelerated depreciation of rural activity as provided for in article 6 of Provisional Measure 2,159-70 / 01 and in Article 325 of the Income Tax Regulation / 18.

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

X
- Definition The entire disclosure for other provisions, contingent liabilities and contingent assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 37 -IssueDate 2023-01-01 -Section Disclosure -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=37&code=ifrs-tx-2023-en-r&doctype=Standard&dita_xref=IAS37_g84-92_TI -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfOtherProvisionsContingentLiabilitiesAndContingentAssetsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration