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v3.23.3

Investments in associates and joint ventures (Tables) | 12 Months Ended
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Jun. 30, 2023
Significant judgments key assumptions and estimates |
Schedule of investments in joint ventures |
|  | 06.30.2023 |  |  | 06.30.2022 |
Beginning of the year |  |  | 38,611 |  |  |  | 45,904 |
Share capital increase and contributions (Note 32) |  |  | 55 |  |  |  | 3,307 |
Share of profit/ (loss) |  |  | 1,580 |  |  |  | (420 | )
Other comprehensive income/ (loss) |  |  | 50 |  |  |  | (1,393 | )
Dividends (Note 32) |  |  | (638 | ) |  |  | (7,923 | )
Participation in other changes in equity of associates and joint ventures |  |  | - |  |  |  | (608 | )
Reclassification to financial instruments |  |  | - |  |  |  | (319 | )
Others |  |  | 21 |  |  |  | 63 |
End of the year (i) |  |  | 39,679 |  |  |  | 38,611 |
Schedule of comprehensive income |
|  | % ownership interest |  |  | Value of Group's interest in equity |  |  | Group's interest in comprehensive (loss)/ income |
Name of the entity |  | 06.30.2023 |  |  | 06.30.2022 |  |  | 06.30.2021 |  |  | 06.30.2023 |  |  | 06.30.2022 |  |  | 06.30.2023 |  |  | 06.30.2022 |  | 06.30.2021
New Lipstick |  |  | 49.96 | % |  |  | 49.96 | % |  |  | 49.96 | % |  |  | 243 |  |  |  | 308 |  |  |  | (66 | ) |  |  | 149 |  |  |  | (1,697 | )
BHSA |  |  | 29.91 | % |  |  | 29.91 | % |  |  | 29.91 | % |  |  | 23,918 |  |  |  | 20,836 |  |  |  | 3,083 |  |  |  | 1,882 |  |  |  | (2,673 | )
Condor (4) |  |  | - |  |  |  | 21.70 | % |  |  | 18.89 | % |  |  | - |  |  |  | - |  |  |  | 76 |  |  |  | 916 |  |  |  | (1,464 | )
GCDI (former TGLT) |  |  | 27.82 | % |  |  | 27.82 | % |  |  | 27.82 | % |  |  | 1,915 |  |  |  | 1,753 |  |  |  | 162 |  |  |  | (1,559 | ) |  |  | (7,625 | )
Quality (2) |  |  | 50.00 | % |  |  | 50.00 | % |  |  | 50.00 | % |  |  | 6,987 |  |  |  | 8,317 |  |  |  | (1,387 | ) |  |  | (2,119 | ) |  |  | (916 | )
La Rural S.A. |  |  | 50.00 | % |  |  | 50.00 | % |  |  | 50.00 | % |  |  | 1,214 |  |  |  | 524 |  |  |  | 705 |  |  |  | (91 | ) |  |  | (476 | )
Cresca S.A. (3) |  |  | 50.00 | % |  |  | 50.00 | % |  |  | 50.00 | % |  |  | - |  |  |  | 63 |  |  |  | (4 | ) |  |  | 17 |  |  |  | 28 |
Other associates and joint ventures |  |  | N/A |  |  |  | N/A |  |  |  | N/A |  |  |  | 5,402 |  |  |  | 6,810 |  |  |  | (989 | ) |  |  | (1,008 | ) |  |  | (9,294 | )
Total associates and joint ventures |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 39,679 |  |  |  | 38,611 |  |  |  | 1,580 |  |  |  | (1,813 | ) |  |  | (24,117 | )
Schedule of significant joint ventures |
|  |  |  |  |  |  |  |  | Last financial statement issued |
Name of the entity |  | Location of business / Country of incorporation |  | Main activity |  | Common shares 1 vote |  |  | Share capital (nominal value) |  |  | (Loss)/ profit for the period |  |  | Shareholders' equity |
New Lipstick |  | U.S. |  | Real estate |  |  | 23,631,037 |  |  | (*) 47 |  |  | (*) (2) |  |  | (*) (44) |
BHSA |  | Argentina |  | Financing |  |  | 448,689,072 |  |  | (**) 1,500 |  |  | (**) 10,306 |  |  | (**) 77,676 |
GCDI (former TGLT) |  | Argentina |  | Real estate |  |  | 257,330,595 |  |  |  | 925 |  |  |  | (2,008 | ) |  |  | 6,885 |
Quality |  | Argentina |  | Real estate |  |  | 1,421,672,293 |  |  |  | 2,843 |  |  |  | (2,768 | ) |  |  | 13,645 |
La Rural S.A. |  | Argentina |  | Organization of events |  |  | 714,998 |  |  |  | 1 |  |  |  | 719 |  |  |  | 1,896 |
Summarized financial information of the associates and joint ventures |
|  | Current assets |  |  | Non-current assets |  |  | Current liabilities |  |  | Non-current liabilities |  |  | Net assets |  |  | % of ownership interest held |  |  | Interest in associates / joint ventures |  |  | Goodwill and others |  |  | Book value |
|  | As of June 30, 2023 |
Associates |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
BHSA |  |  | 520,170 |  |  |  | 139,246 |  |  |  | 572,821 |  |  |  | 6,593 |  |  |  | 80,002 | (iv) |  | 29.91%(iii) |  |  |  | 23,929 |  |  |  | (11 | ) |  |  | 23,918 |
GCDI (former TGLT) |  |  | 14,898 |  |  |  | 26,748 |  |  |  | 17,971 |  |  |  | 16,790 |  |  |  | 6,885 |  |  |  | 27.82 | % |  |  | 1,915 |  |  |  | - |  |  |  | 1,915 |
Joint ventures |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Quality Invest (ii) |  |  | 50 |  |  |  | 20,975 |  |  |  | 146 |  |  |  | 7,234 |  |  |  | 13,645 |  |  |  | 50.00 | % |  |  | 6,823 |  |  |  | 164 |  |  |  | 6,987 |
|  | As of June 30, 2022
Associates |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
BHSA |  |  | 520,704 |  |  |  | 172,333 |  |  |  | 604,692 |  |  |  | 19,318 |  |  |  | 69,027 |  |  |  | 29.91 | % |  |  | 20,646 |  |  |  | 190 |  |  |  | 20,836 |
GCDI (former TGLT) |  |  | 16,192 |  |  |  | 26,670 |  |  |  | 17,626 |  |  |  | 16,550 |  |  |  | 8,686 |  |  |  | 27.82 | % |  |  | 2,417 |  |  |  | (664 | ) |  |  | 1,753 |
Joint ventures |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Quality Invest (ii) |  |  | 131 |  |  |  | 24,771 |  |  |  | 152 |  |  |  | 8,448 |  |  |  | 16,302 |  |  |  | 50.00 | % |  |  | 8,151 |  |  |  | 166 |  |  |  | 8,317 |
|  | Revenues |  |  | Net income/(loss) |  |  | Total comprehensive income/(loss) |  |  | Dividends distributed to non-controlling shareholders |  |  | Cash of operating activities |  |  | Cash of investment activities |  |  | Cash of financial activities |  |  | Net increase/(decrease) in cash and cash equivalents |
|  | As of June 30, 2023 (i) |
Associates |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
BHSA |  |  | 168,559 |  |  |  | 10,306 |  |  |  | 10,306 |  |  |  | - |  |  |  | 8,077 |  |  |  | (1,104 | ) |  |  | 8,051 |  |  |  | 15,024 |
GCDI (former TGLT) |  |  | 13,420 |  |  |  | 266 |  |  |  | 501 |  |  |  | - |  |  |  | (563 | ) |  |  | 501 |  |  |  | 64 |  |  |  | 2 |
Joint ventures |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Quality Invest (ii) |  |  | 124 |  |  |  | (2,768 | ) |  |  | (2,768 | ) |  |  | - |  |  |  | (325 | ) |  |  | 48 |  |  |  | 234 |  |  |  | (43 | )
|  | As of June 30, 2022 (I)
Associates |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
BHSA |  |  | 116,506 |  |  |  | 6,295 |  |  |  | 6,295 |  |  |  | - |  |  |  | 71,590 |  |  |  | (517 | ) |  |  | (52,997 | ) |  |  | 18,076 |
GCDI (former TGLT) |  |  | 9,050 |  |  |  | (4,590 | ) |  |  | (4,503 | ) |  |  | - |  |  |  | (2,850 | ) |  |  | 9,074 |  |  |  | (5,454 | ) |  |  | 770 |
Joint ventures |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Quality Invest (ii) |  |  | 445 |  |  |  | (4,236 | ) |  |  | (4,236 | ) |  |  | - |  |  |  | (90 | ) |  |  | (71 | ) |  |  | 206 |  |  |  | 45 |

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