XML 72 R64.htm IDEA: XBRL DOCUMENT v3.25.3
Critical accounting estimates and judgments (Tables)
 9 Months Ended
Sep. 30, 2025
Disclosure of changes in accounting estimates [abstract]  
Schedule of Goodwill Allocated
The following table shows only the 6 CGUs (2024: 6 CGUs) where goodwill was allocated at each period end and the corresponding amount of goodwill allocated to each one:


CGU / Operating segment / CountrySeptember 30, 2025September 30, 2024
La Carolina / Crops / Argentina291 314 
El Orden / Crops / Argentina279 301 
La Guarida / Crops / Argentina2,708 2,923 
Los Guayacanes / Crops / Argentina3,310 3,573 
Doña Marina / Rice / Argentina5,763 6,220 
El Colorado / Crops / Argentina2,895 3,124 
Closing net book value of goodwill allocated to CGUs tested (Note 14)15,246 16,455 
Closing net book value of PPE items and other assets allocated to CGUs tested163,096 159,918 
Total assets allocated to CGUs tested178,342 176,373 
Schedule of Key Assumptions in Valuation Calculations
The key assumptions used by management in the value-in-use calculations which are considered to be most sensitive to the calculation are:
Key AssumptionsSeptember 30, 2025September 30, 2024
Financial projections
Covers 5 years for UMA (*)
Covers 5 years for UMA (*)
Covers 5 years for AVI (**)
Covers 5 years for AVI (**)
Yield average growth rates
0-2%
0-2%
Future pricing increases
2.15% per annum
0.80% per annum
Future cost decrease
0.79% per annum
0.63% per annum
Discount rates
4.0%
5.0%
Perpetuity growth rate
0.5%
1.0%

(*) UMA stands for Usina Monte Alegre LTDA.
(**) AVI stands for Adecoagro Vale Do Ivinhema S.A.
The following table shows only the 2 CGUs where goodwill was allocated at each period end and the corresponding amount of goodwill allocated to each one:

CGU/ Operating segmentSeptember 30, 2025September 30, 2024
AVI / Sugar, Ethanol and Energy2,986 2,915 
UMA / Sugar, Ethanol and Energy1,120 1,093 
Closing net book value of goodwill allocated to CGUs tested (Note 14)4,106 4,008 
Closing net book value of PPE items allocated to CGUs tested663,211 599,509 
Total assets allocated to 2 CGUs tested667,317 603,517