XML 94 R74.htm IDEA: XBRL DOCUMENT
v3.20.2

Related party transactions (Tables) | 12 Months Ended
--- | ---
Jun. 30, 2020
Related Party Transaction [Abstract] |
Schedule of company's senior management |
Name |  | Date of birth |  | Position |  | Current position since
Alejandro G. Elsztain |  | 03/31/1966 |  | General Manager |  | 1994
Carlos Blousson |  | 09/21/1963 |  | General Manager of Operations in Argentina and Bolivia |  | 2008
Matías I. Gaivironsky |  | 02/23/1976 |  | Administrative and Financial Manager |  | 2011
Alejandro Casaretto |  | 10/15/1952 |  | Regional Agricultural Manager |  | 2008
Schedule of balances with related parties |
Related party |  | 06.30.20 |  |  | 06.30.19 |  |  | Description of transaction
Agro Uranga S.A. |  |  | - |  |  |  | 13 |  |  | Sale of goods and / or services receivable
New Lipstick LLC |  |  | 16 |  |  |  | 14 |  |  | Reimbursement of expenses receivable
|  |  | (77 | ) |  |  | (63 | ) |  | Loans payable
|  |  | - |  |  |  | 1,258 |  |  | Loans granted
Condor |  |  | 269 |  |  |  | 237 |  |  | Public companies securities
|  |  | - |  |  |  | 21 |  |  | Dividends receivables
Other associates and joint ventures (i) |  |  | 84 |  |  |  | 16 |  |  | Leases and/or rights of use receivable
|  |  | 8 |  |  |  | - |  |  | Leases and/or rights of use payable
|  |  | - |  |  |  | 1 |  |  | Shared-based compensation receivable
|  |  | (27 | ) |  |  | (11 | ) |  | Loans payable
|  |  | - |  |  |  | 1 |  |  | Loans granted
|  |  | 203 |  |  |  | - |  |  | Sale of goods and / or services payable
|  |  | 122 |  |  |  | 11 |  |  | Reimbursement of expenses
|  |  | (1 | ) |  |  | (6 | ) |  | Reimbursement of expenses payable
Total associates and joint ventures |  |  | 597 |  |  |  | 1,492 |  |  |
CAMSA and its subsidiaries |  |  | (190 | ) |  |  | - |  |  | Fees payable
|  |  | 1 |  |  |  | 43 |  |  | Reimbursement of expenses receivable
BHN Vida |  |  | (52 | ) |  |  | - |  |  | Reimbursement of expenses payable
LRSA |  |  | - |  |  |  | 35 |  |  | Leases and/or rights of use receivable
|  |  | - |  |  |  | 364 |  |  | Dividends receivables
IRSA Real Estate Strategies LP |  |  | 116 |  |  |  | - |  |  | Reimbursement of expenses
Taaman |  |  | - |  |  |  | (17 | ) |  | Leases and/or rights of use payable
PBS Real Estate Holdings S.R.L |  |  | 472 |  |  |  | - |  |  | Financial operations payable
Other related parties (ii) |  |  | - |  |  |  | (93 | ) |  | Other liabilities
|  |  | - |  |  |  | 3 |  |  | Other receivables
|  |  | (53 | ) |  |  | - |  |  |
|  |  | - |  |  |  | (3 | ) |  | Legal services payable
|  |  | 18 |  |  |  | - |  |  | Leases and/or rights of use receivable
Total other related parties |  |  | 312 |  |  |  | 332 |  |  |
IFISA |  |  | 6 |  |  |  | - |  |  | Financial operations receivable
Total Parent Company |  |  | 6 |  |  |  | - |  |  |
Directors and Senior Management |  |  | (135 | ) |  |  | (274 | ) |  | Fees payable
|  |  | 4 |  |  |  | - |  |  |
Total Directors and Senior Management |  |  | (131 | ) |  |  | (274 | ) |  |
Total |  |  | 784 |  |  |  | 1,550 |  |  |
| (i) | Includes Agrofy Global, BHSA, Lipstick, Tarshop, Mehadrin, Austral Gold Ltd., Cyrsa S.A., NPSF, Puerto Retiro, Shufersal and Quality.
| (ii) | Includes Estudio Zang, Bergel & Viñes, Lartiyrigoyen, SAMSA and Museo de los Niños.
Related party |  | 06.30.20 |  |  | 06.30.19 |  |  | 06.30.18 |  |  | Description of transaction
Agrofy S.A. |  |  | - |  |  |  | 3 |  |  |  | 13 |  |  | Management fees / Directory
Agro-Uranga S.A. |  |  | - |  |  |  | - |  |  |  | 7 |  |  | Sale of goods and/or services
Banco de Crédito y Securitización S.A. |  |  | 51 |  |  |  | 54 |  |  |  | 43 |  |  | Leases and/or rights of use
|  |  | (5 | ) |  |  | - |  |  |  | - |  |  | Financial operations
Condor |  |  | - |  |  |  | - |  |  |  | 284 |  |  | Financial operations
Tarshop S.A. |  |  | - |  |  |  | 59 |  |  |  | - |  |  | Leases and/or rights of use
ISPRO-MEHADRIN |  |  | - |  |  |  | 30 |  |  |  | 296 |  |  | Sale of goods and/or services
Other associates and joint ventures |  |  | 9 |  |  |  | 59 |  |  |  | 67 |  |  | Leases and/or rights of use
|  |  | - |  |  |  | - |  |  |  | 9 |  |  | Fees and remunerations
|  |  | (131 | ) |  |  | 30 |  |  |  | 84 |  |  | Corporate services
|  |  | 37 |  |  |  | 10 |  |  |  | 3 |  |  | Financial operations
Total associates and joint ventures |  |  | (39 | ) |  |  | 245 |  |  |  | 806 |  |  |
CAMSA and its subsidiaries |  |  | (211 | ) |  |  | - |  |  |  | (1,456 | ) |  | Management fee
Taaman |  |  | - |  |  |  | 46 |  |  |  | 397 |  |  | Corporate services
Willi-Food International Ltd. |  |  | - |  |  |  | - |  |  |  | 364 |  |  | Corporate services
Other related parties (i) |  |  | (4 | ) |  |  | 31 |  |  |  | 27 |  |  | Leases and/or rights of use
|  |  | (23 | ) |  |  | (16 | ) |  |  | (23 | ) |  | Fees and remunerations
|  |  | - |  |  |  | - |  |  |  | 11 |  |  | Corporate services
|  |  | (4 | ) |  |  | (9 | ) |  |  | (9 | ) |  | Legal services
|  |  | - |  |  |  | 3 |  |  |  | 63 |  |  | Financial operations
|  |  | - |  |  |  | (33 | ) |  |  | (33 | ) |  | Donations
Total other related parties |  |  | (242 | ) |  |  | 22 |  |  |  | (659 | ) |  |
IFISA |  |  | 5 |  |  |  | - |  |  |  | 156 |  |  | Financial operations
Total Parent Company |  |  | 5 |  |  |  | - |  |  |  | 156 |  |  |
Directors |  |  | (30 | ) |  |  | (63 | ) |  |  | (40 | ) |  | Compensation of Directors and senior management
|  |  | (406 | ) |  |  | (546 | ) |  |  | (480 | ) |  | Fees and remunerations
Senior Management |  |  | (17 | ) |  |  | (54 | ) |  |  | (64 | ) |  | Compensation of Directors and senior management
Total Directors and Senior Management |  |  | (453 | ) |  |  | (663 | ) |  |  | (584 | ) |  |
Total |  |  | (729 | ) |  |  | (396 | ) |  |  | (281 | ) |  |
| (i) | Includes Estudio Zang, Bergel & Viñes, Isaac Elsztain e Hijos S.C.A., San Bernando de Córdoba S.A., Fundación IRSA, Hamonet, BHN Sociedad de Inversión, BACS Administradora de Activos S.A., BHN Seguros Generales S.A. and BHN Vida S.A.
Schedule of transactions with related parties |
Related party |  | 06.30.20 |  |  | 06.30.19 |  |  | Description of transaction
Manibil |  |  | 87 |  |  |  | 31 |  |  | Irrevocable contributions
Uranga Trading S.A. |  |  | - |  |  |  | 32 |  |  | Irrevocable contributions
Puerto Retiro |  |  | 17 |  |  |  | 27 |  |  | Irrevocable contributions
Quality |  |  | 47 |  |  |  | 73 |  |  | Irrevocable contributions
Total contributions |  |  | 151 |  |  |  | 163 |  |  |
Uranga Trading S.A. |  |  | - |  |  |  | 12 |  |  | Dividends paid
Total dividends paid |  |  | - |  |  |  | 12 |  |  |
Agro-Uranga S.A. |  |  | 25 |  |  |  | 28 |  |  | Dividends received
Shufersal |  |  | 400 |  |  |  | 663 |  |  | Dividends received
Nave by the sea |  |  | - |  |  |  | 47 |  |  | Dividends received
Banco Hipotecario |  |  | - |  |  |  | 113 |  |  | Dividends received
Condor |  |  | 32 |  |  |  | 114 |  |  | Dividends received
Emco |  |  | 16 |  |  |  | 86 |  |  | Dividends received
La Rural S.A. |  |  | - |  |  |  | 433 |  |  | Dividends received
Manaman |  |  | - |  |  |  | 106 |  |  | Dividends received
Mehadin |  |  | - |  |  |  | 141 |  |  | Dividends received
Nuevo Puerto Santa Fe S.A. |  |  | 38 |  |  |  | 14 |  |  | Dividends received
Gav-Yam |  |  | 1,334 |  |  |  | - |  |  | Dividends received
Total dividends received |  |  | 1,845 |  |  |  | 1,745 |  |  |
TGLT S.A. |  |  | 1,394 |  |  |  | - |  |  | Compra y canje de acciones
Gav-Yam |  |  | 1,334 |  |  |  | - |  |  | Dividends received
Total other transactions |  |  | 2,728 |  |  |  | - |  |  |

X
- Definition Represents the information of disclosure of balances with related parties explanatory. + References No definition available. + Details
Name: | cres_DisclosureOfBalancesWithRelatedPartiesExplanatory
Namespace Prefix: | cres_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the information of disclosure of senior management remuneration explanatory. + References No definition available. + Details
Name: | cres_DisclosureOfSeniorManagementRemunerationExplanatory
Namespace Prefix: | cres_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition The disclosure of transactions between the entity and its related parties. [Refer: Related parties [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 24 -IssueDate 2019-01-01 -Paragraph 18 -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=24&code=ifrs-tx-2019-en-r&anchor=para_18&doctype=Standard -URIDate 2019-03-27 + Details
Name: | ifrs-full_DisclosureOfTransactionsBetweenRelatedPartiesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration