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v3.20.2

Intangible assets (Details) - ARS ($) $ in Millions | 12 Months Ended
--- | ---
Jun. 30, 2020 | Jun. 30, 2019
Disclosure of reconciliation of changes in intangible assets and goodwill [line items] |  |  |  |  |
Balance at the period beginning |  | $ 26,018 |  | $ 27,996 |
Costs |  |  |  | 53,235 |
Accumulated depreciation |  |  |  | (25,239) |
Additions |  | 4,537 |  | 3,736 |
Disposals |  | (155) |  | (61) |
Deconsolidation |  | (3,281) |  |  |
Transfers |  | (54) |  |  |
Assets incorporated by business combination |  | 68 |  | 31 |
Currency translation adjustment |  | 5,755 |  | (832) |
Depreciation charge |  | (4,696) |  | (4,668) | [1]
Impairment |  |  |  | (184) |
Balance at period end |  | 28,192 |  | 26,018 |
Goodwill business [Member] |  |  |  |  |
Disclosure of reconciliation of changes in intangible assets and goodwill [line items] |  |  |  |  |
Balance at the period beginning |  | 6,732 |  | 7,105 |
Costs |  |  |  | 7,105 |
Accumulated depreciation |  |  |  |  |
Additions |  |  |  |  |
Disposals |  |  |  |  |
Deconsolidation |  | (3,259) |  |  |
Transfers |  | (1) |  |  |
Assets incorporated by business combination |  | 11 |  |  |
Currency translation adjustment |  | 2,336 |  | (189) |
Depreciation charge | [1] |  |  |  |
Impairment |  |  |  | (184) |
Balance at period end |  | 5,821 |  | 6,732 |
Trademarks [Member] |  |  |  |  |
Disclosure of reconciliation of changes in intangible assets and goodwill [line items] |  |  |  |  |
Balance at the period beginning |  | 6,517 |  | 6,842 |
Costs |  |  |  | 7,265 |
Accumulated depreciation |  |  |  | (423) |
Additions |  |  |  |  |
Disposals |  |  |  |  |
Deconsolidation |  |  |  |  |
Transfers |  |  |  |  |
Assets incorporated by business combination |  |  |  |  |
Currency translation adjustment |  | 1,233 |  | (200) |
Depreciation charge | [1] | (122) |  | (125) |
Impairment |  |  |  |  |
Balance at period end |  | 7,628 |  | 6,517 |
Licenses [Member] |  |  |  |  |
Disclosure of reconciliation of changes in intangible assets and goodwill [line items] |  |  |  |  |
Balance at the period beginning |  | 2,302 |  | 2,615 |
Costs |  |  |  | 9,718 |
Accumulated depreciation |  |  |  | (7,103) |
Additions |  |  |  |  |
Disposals |  |  |  |  |
Deconsolidation |  |  |  |  |
Transfers |  |  |  |  |
Assets incorporated by business combination |  |  |  |  |
Currency translation adjustment |  | 397 |  | (97) |
Depreciation charge | [1] | (279) |  | (216) |
Impairment |  |  |  |  |
Balance at period end |  | 2,420 |  | 2,302 |
Customer relations [Member] |  |  |  |  |
Disclosure of reconciliation of changes in intangible assets and goodwill [line items] |  |  |  |  |
Balance at the period beginning |  | 3,151 |  | 5,117 |
Costs |  |  |  | 15,399 |
Accumulated depreciation |  |  |  | (10,282) |
Additions |  |  |  | 15 |
Disposals |  | (18) |  |  |
Deconsolidation |  |  |  |  |
Transfers |  |  |  |  |
Assets incorporated by business combination |  | 38 |  |  |
Currency translation adjustment |  | 432 |  | (312) |
Depreciation charge | [1] | (1,128) |  | (1,669) |
Impairment |  |  |  |  |
Balance at period end |  | 2,475 |  | 3,151 |
Information systems and software [Member] |  |  |  |  |
Disclosure of reconciliation of changes in intangible assets and goodwill [line items] |  |  |  |  |
Balance at the period beginning |  | 3,854 |  | 3,742 |
Costs |  |  |  | 6,995 |
Accumulated depreciation |  |  |  | (3,253) |
Additions |  | 1,572 |  | 1,531 |
Disposals |  | (137) |  | (61) |
Deconsolidation |  | (22) |  |  |
Transfers |  | (9) |  | (3) |
Assets incorporated by business combination |  | 19 |  | 31 |
Currency translation adjustment |  | 665 |  | (87) |
Depreciation charge | [1] | (1,705) |  | (1,305) |
Impairment |  |  |  |  |
Balance at period end |  | 4,255 |  | 3,854 |
Contracts and others [Member] |  |  |  |  |
Disclosure of reconciliation of changes in intangible assets and goodwill [line items] |  |  |  |  |
Balance at the period beginning |  | 3,462 | [2],[3] | 2,575 |
Costs |  |  |  | 6,753 |
Accumulated depreciation |  |  |  | (4,178) |
Additions |  | 2,965 |  | 2,190 |
Disposals |  |  |  |  |
Deconsolidation |  |  |  |  |
Transfers |  | (64) |  | (3) |
Assets incorporated by business combination |  |  |  |  |
Currency translation adjustment |  | 692 |  | 53 |
Depreciation charge | [1] | (1,462) |  | (1,353) |
Impairment |  |  |  |  |
Balance at period end |  | $ 5,593 |  | $ 3,462 | [2],[3]
[1] | Amortization charge was recognized in the amount of Ps. 343 and Ps. 1,052 under "Costs", in the amount of Ps. 1,653 and Ps. 2,265 under "General and administrative expenses" and Ps. 2,700 and Ps. 2,238 under "Selling expenses" as of June 30, 2020 and 2019, respectively in the Statements of Income (Note 27). In addition, a charge of Ps. 529 was recognized under "Discontinued operations" as of June 30, 2019.
[2] | Includes "Rights of use". Corresponds to Distrito Arcos.
[3] | Includes "Rights to receive future units under barter agreements". Corresponds to receivables in kind representing the right to receive residential apartments in the future under barter agreements. Caballito: On June 29, 2011, the Group and TGLT entered into a barter agreement in the amount of US$ 12.8. In 2013, a neighborhood association secured a preliminary injunction, which suspended the works, to be carried out by TGLT in the property and started a claim against GCBA and TGLT. As a consequence of the unfavorable rulings rendered by lower courts and appellate courts in the cited proceeding, the Group and TGLT reached a settlement agreement dated December 30 2016, whereby they agreed to provide a deed for the revocation of the barter agreement, after TGLT resolved certain issues. Consequently, the Group has decided to deregister the intangible asset related to this transaction, thus recognizing a loss of Ps. 27.7. Subsequently, on April 26, 2018, the deed for the revocation was signed, which extinguished the obligations arising from the "barter agreement" dated June 29, 2011, and its amending agreements. Thus, the Group has received the property located in Caballito again.

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