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Rights of use of assets

12 Months Ended

Jun. 30, 2023

13. Rights of use of assets

Below is the composition of the rights of use of the Group´s assets as of June 30, 2023 and June 30, 2022:

	06.30.2023		06.30.2022
Farmland		15,235		11,639
Convention center		2,478		2,638
Offices, shopping malls and other buildings		457		37
Machinery and equipment		202		166
Others		367		171
Right-of-use assets		18,739		14,651
Non-current		18,739		14,651
Total		18,739		14,651

Changes in the Group´s rights of use during the fiscal year ended June 30, 2023 and June 30, 2022, were as follows:

	06.30.2023			06.30.2022
Beginning of the year		14,651			15,049
Additions		8,433			4,678
Disposals		(3	)		-
Depreciation charges		(6,350	)		(4,809	)
Currency translation adjustment		827			(1,401	)
Valorization		1,181			1,134
End of the year		18,739			14,651

Depreciation charge for rights of use is detailed below:

	06.30.2023		06.30.2022
Farmland		5,890		4,391
Convention center		160		178
Offices, shopping malls and other buildings		2		2
Machinery and equipment		113		116
Others		185		122
Depreciation charge of right-of-use assets (i)		6,350		4,809

(i)

Amortization charge was recognized in the amount of ARS 267 and ARS 183 under "Costs", in the amount of ARS 26 and ARS 5 under "General and administrative expenses" and ARS 59 and ARS 10 under "Selling expenses" as of June 30, 2023 and 2022, respectively in the Statement of Income and Other Comprehensive Income (Note 27) and ARS 5,998 and ARS 4,611 were capitalized as part of biological assets’ cost.

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

	06.30.2023			06.30.2022
Lease liabilities interest		(651	)		(630	)
Results from short-term leases		(184	)		(144	)
Results from variable leases not recognized as lease liabilities		(834	)		(912	)