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Rights of use of assets
12 Months Ended
Jun. 30, 2020
Rights of Use of Assets [Abstract]  
Rights of use of assets
13.Rights of use of assets

 

Below is the composition of the rights of use of the Group´s assets as of June 30, 2020 and June 30, 2019:

 

   06.30.20   06.30.19 
Farmland   2,027    - 
Offices, shopping malls and other buildings   4,116    - 
Communication networks   11,004    - 
Machinery and equipment   34    - 
Others   4,747    - 
Right-of-use assets   21,928    - 
           
Non-current   21,928    - 
Total   21,928    - 

 

Changes in the Group´s rights of use during the fiscal year ended June 30, 2020, were as follows:

 

   06.30.20 
IFRS 16 initial adjustments   16,374 
Additions (i)   8,859 
Disposals   (4)
Transfer   164 
Previsions   69 
Amortization charges   (5,388)
Currency translation adjustment   1,779 
Deconsolidation   (42)
Valorization   117 
Total saldo al cierre   21,928 

 

(i)Includes incorporation by business combination

 

Depreciation charge for rights of use is detailed below:

 

   06.30.20   06.30.19 
Farmland   254    - 
Offices, shopping malls and other buildings   538    - 
Communication networks   3,155    - 
Others   1,018    - 
Depreciation charge of right-of-use assets   4,965    - 

 

Other charges to income related to rights of use were as follows:

 

   06.30.20 
Right-of-use interests   (134)
Results from short-term leases   19,610 
Results from variable leases not recognized as lease liabilities   797 

 

The average discount rate and the term of liability for lease recognized as of June 30, 2020 are detailed below:

 

Agricultural business  Operations Center Argentina  Operations Center Israel
Average discount rate   Maturity date  Average discount rate   Maturity date  Average discount rate   Maturity date
 6.9%    2022-2050   10,61%    2023-2041   3%    2022-2090