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v3.23.3

Income tax (Tables) | 12 Months Ended
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Jun. 30, 2023
Income tax |
Schedule of income tax |
|  | 06.30.2023 |  |  | 06.30.2022 |  |  | 06.30.2021 |
Current income tax |  |  | 14,494 |  |  |  | (39,585 | ) |  |  | (6,812 | )
Deferred income tax |  |  | 58,227 |  |  |  | 35,323 |  |  |  | (91,960 | )
Income tax (i) |  |  | 72,721 |  |  |  | (4,262 | ) |  |  | (98,772 | )
Schedule of statutory tax rate |
Tax jurisdiction | Income tax rate
Argentina | 25% - 35%
Brazil | 25% - 34%
Uruguay | 0% - 25%
Bolivia | 25%
U.S. | 21%
Bermudas | 0%
Israel | 23% - 24%
Schedule of income/loss before income tax |
|  | 06.30.2023 |  |  | 06.30.2022 |  |  | 06.30.2021 |
Tax calculated at the tax rates applicable to profit in the respective countries (i) |  |  | (1904 | ) |  |  | (41,079 | ) |  |  | (16,082 | )
Permanent differences: |  |  |  |  |  |  |  |  |  |  |  |
Tax inflation adjustment |  |  | 6,458 |  |  |  | (35,560 | ) |  |  | (43,661 | )
Share of profit/ (loss) of associates and joint ventures |  |  | 3,503 |  |  |  | (522 | ) |  |  | (4,579 | )
Result from sale of participation in subsidiaries |  |  | 3 |  |  |  | (707 | ) |  |  | 399 |
Unrecognized tax loss carry-forwards |  |  | - |  |  |  | - |  |  |  | (18,255 | )
Difference between provision and affidavit (ii) |  |  | 10,955 |  |  |  | - |  |  |  | 4,812 |
Fiscal transparency |  |  | (1,367 | ) |  |  | (2,736 | ) |  |  | 1,248 |
Recovery of unrecognized tax loss carry-forwards |  |  | 1,864 |  |  |  | 20,620 |  |  |  | - |
Change of tax rate |  |  | - |  |  |  | - |  |  |  | (50,582 | )
Non-taxable profit |  |  | 285 |  |  |  | (433 | ) |  |  | (528 | )
Others |  |  | 1,095 |  |  |  | 902 |  |  |  | (192 | )
Inflation adjustment permanent difference (IAS 29) |  |  | 51,829 |  |  |  | 55,253 |  |  |  | 28,648 |
Income tax from continuing operations |  |  | 72,721 |  |  |  | (4,262 | ) |  |  | (98,772 | )
Schedule of deferred tax assets and liabilities |
|  | 06.30.2023 |  |  | 06.30.2022 |
Deferred income tax assets to be recovered after more than 12 months |  |  | 11,727 |  |  |  | 5,025 |
Deferred income tax assets to be recovered within 12 months |  |  | 8,033 |  |  |  | 6,611 |
Deferred income tax assets |  |  | 19,760 |  |  |  | 11,636 |
Deferred income tax liabilities to be recovered after more than 12 months |  |  | (191,373 | ) |  |  | (235,560 | )
Deferred income tax liabilities to be recovered within 12 months |  |  | (21,978 | ) |  |  | (26,544 | )
Deferred income tax liabilities |  |  | (213,351 | ) |  |  | (262,104 | )
Total deferred income tax liabilities, net |  |  | (193,591 | ) |  |  | (250,468 | )
Schedule of deferred income tax |
|  | At the beginning |  |  | Currency translation adjustment |  |  | Charged to the Statement of Income |  |  | Revaluation surplus |  |  | At the end |
June 30, 2023 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade and other payables |  |  | 3,296 |  |  |  | - |  |  |  | 2,289 |  |  |  | - |  |  |  | 5,585 |
Tax loss carry-forwards |  |  | 3,238 |  |  |  | 141 |  |  |  | 5,371 |  |  |  | - |  |  |  | 8,750 |
Others |  |  | 5,102 |  |  |  | 302 |  |  |  | 21 |  |  |  | - |  |  |  | 5,425 |
Subtotal assets |  |  | 11,636 |  |  |  | 443 |  |  |  | 7,681 |  |  |  | - |  |  |  | 19,760 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment properties and property, plant and equipment |  |  | (218,228 | ) |  |  | (1,193 | ) |  |  | 32,156 |  |  |  | (417 | ) |  |  | (187,682 | )
Biological assets |  |  | (5,855 | ) |  |  | 93 |  |  |  | 2,430 |  |  |  | - |  |  |  | (3,332 | )
Trade and other receivables |  |  | (1,242 | ) |  |  | - |  |  |  | 167 |  |  |  | - |  |  |  | (1,075 | )
Investments |  |  | (110 | ) |  |  | - |  |  |  | (2,494 | ) |  |  | - |  |  |  | (2,604 | )
Intangible assets |  |  | (1,466 | ) |  |  | - |  |  |  | (296 | ) |  |  | - |  |  |  | (1,762 | )
Tax inflation adjustment |  |  | (31,714 | ) |  |  | - |  |  |  | 21,214 |  |  |  | - |  |  |  | (10,500 | )
Borrowings |  |  | 368 |  |  |  | - |  |  |  | (329 | ) |  |  | - |  |  |  | 39 |
Inventories |  |  | (2,760 | ) |  |  | (258 | ) |  |  | (735 | ) |  |  | - |  |  |  | (3,753 | )
Others |  |  | (1,097 | ) |  |  | (18 | ) |  |  | (1,567 | ) |  |  | - |  |  |  | (2,682 | )
Subtotal liabilities |  |  | (262,104 | ) |  |  | (1,376 | ) |  |  | 50,546 |  |  |  | (417 | ) |  |  | (213,351 | )
(Liabilities)/ Assets, net |  |  | (250,468 | ) |  |  | (933 | ) |  |  | 58,227 |  |  |  | (417 | ) |  |  | (193,591 | )
|  | At the beginning |  |  | Currency translation adjustment |  |  | Charged to the Statement of Income |  |  | Revaluation surplus |  |  | At the end |
June 30, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade and other payables |  |  | 2,781 |  |  |  | - |  |  |  | 515 |  |  |  | - |  |  |  | 3,296 |
Tax loss carry-forwards |  |  | 10,542 |  |  |  | (2,408 | ) |  |  | (4,896 | ) |  |  | - |  |  |  | 3,238 |
Others |  |  | 7,821 |  |  |  | (1,184 | ) |  |  | (1,535 | ) |  |  | - |  |  |  | 5,102 |
Subtotal assets |  |  | 21,144 |  |  |  | (3,592 | ) |  |  | (5,916 | ) |  |  | - |  |  |  | 11,636 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment properties and property, plant and equipment |  |  | (231,583 | ) |  |  | 5,319 |  |  |  | 8,842 |  |  |  | (806 | ) |  |  | (218,228 | )
Biological assets |  |  | (9,442 | ) |  |  | 1,386 |  |  |  | 2,201 |  |  |  | - |  |  |  | (5,855 | )
Trade and other receivables |  |  | (1,248 | ) |  |  | - |  |  |  | 6 |  |  |  | - |  |  |  | (1,242 | )
Investments |  |  | (24 | ) |  |  | - |  |  |  | (86 | ) |  |  | - |  |  |  | (110 | )
Intangible assets |  |  | (265 | ) |  |  | - |  |  |  | (1,201 | ) |  |  | - |  |  |  | (1,466 | )
Tax inflation adjustment |  |  | (66,114 | ) |  |  | - |  |  |  | 34,400 |  |  |  | - |  |  |  | (31,714 | )
Borrowings |  |  | 3,811 |  |  |  | - |  |  |  | (3,443 | ) |  |  | - |  |  |  | 368 |
Inventories |  |  | (3,193 | ) |  |  | 828 |  |  |  | (395 | ) |  |  | - |  |  |  | (2,760 | )
Others |  |  | (2,044 | ) |  |  | 32 |  |  |  | 915 |  |  |  | - |  |  |  | (1,097 | )
Subtotal liabilities |  |  | (310,102 | ) |  |  | 7,565 |  |  |  | 41,239 |  |  |  | (806 | ) |  |  | (262,104 | )
(Liabilities)/ Assets, net |  |  | (288,958 | ) |  |  | 3,973 |  |  |  | 35,323 |  |  |  | (806 | ) |  |  | (250,468 | )
Schedule of loss carry forward |
Jurisdiction |  | 06.30.2023 |  |  | Date of generation |  | Due date |
Argentina |  |  | 121 |  |  | 2018 |  | 2023 |
Argentina |  |  | 172 |  |  | 2019 |  | 2024 |
Argentina |  |  | 3,885 |  |  | 2020 |  | 2025 |
Argentina |  |  | 10,674 |  |  | 2021 |  | 2026 |
Argentina |  |  | 1,474 |  |  | 2022 |  | 2027 |
Argentina |  |  | 898 |  |  | 2023 |  | 2028 |
Brazil |  |  | 7,961 |  |  | 2019-2023 |  | Do not expire |
Total cumulative tax loss carry-forwards |  |  | 25,185 |  |  |  |  |  |

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