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Trade and other receivables

12 Months Ended

Jun. 30, 2025

17. Trade and other receivables

Group’s trade and other receivables as of June 30, 2025 and 2024 were as follows:

	06.30.2025			06.30.2024
Trade, leases and services receivable (*)		391,345			358,584
Less: allowance for doubtful accounts		(6,352	)		(5,966	)
Total trade receivables		384,993			352,618
Prepayments		87,846			82,577
Borrowings, deposits and others		53,564			58,857
Guarantee deposits		93			99
Tax receivables		44,366			35,814
Others		47,713			32,380
Total other receivables		233,582			209,727
Total trade and other receivables		618,575			562,345

Non-current		175,727			197,534
Current		442,848			364,811
Total		618,575			562,345

(*) Includes field sales credits, which are revalued based on the soybean price and the livestock weight measured in arrobas at each balance sheet date. The related impact in the Consolidated Statement of Income and Other Comprehensive Income is presented within “Financial results, net.

Book amounts of Group's trade and other receivables in foreign currencies are detailed in Note 34.

The fair value of current receivables approximates their respective carrying amounts because, due to their short-term nature, the effect of discounting is not considered significant.

Trade accounts receivables are generally presented in the Consolidated Statement of Financial Position net of allowances for doubtful accounts. Impairment policies and procedures by type of receivables are discussed in detail in Note 2. Movements on the Group’s allowance for doubtful accounts were as follows:

	06.30.2025			06.30.2024
Beginning of the year		5,966			7,834
Additions (i)		1,869			1,781
Recovery (i)		(231	)		(316	)
Currency translation adjustment		635			4,132
Used during the year		(228	)		(22	)
Inflation adjustment		(1,659	)		(7,443	)
End of the year		6,352			5,966

(i) The creation and release of the provision for impaired receivables have been included in “Selling expenses” in the Consolidated Statement of Income and Other Comprehensive Income (Note.27).

The Group’s trade receivables comprise several classes. The maximum exposure to credit risk at the reporting date is the carrying amount of each class of receivables (see Note 5). The Group also has receivables from related parties neither of them is due nor impaired.

Due to the distinct characteristics of each type of receivables, an aging analysis of past due unimpaired and impaired receivables is shown by type and class, as of June 30, 2025 and 2024 (a column of non-past due receivables is also included so that the totals can be reconciled with the amounts appearing on the Consolidated Statement of Financial Position):

	Expired
	Up to 3 months		From 3 to 6 months		Over 6 months		Not past due		Allowance		Total		% of representation
Leases and services		43,132		2,219		12,634		95,533		5,445		158,963		40.6	%
Sale of properties and developments		-		-		-		172,075		-		172,075		44.0	%
Agricultural products		-		-		-		59,400		907		60,307		15.4	%
Total as of 06.30.2025		43,132		2,219		12,634		327,008		6,352		391,345		100.0	%

	Expired
	Up to 3 months		From 3 to 6 months		Over 6 months		Not past due		Allowance		Total		% of representation
Leases and services		44,167		1,981		5,348		72,949		4,971		129,416		36.1	%
Sale of properties and developments		-		-		-		188,960		-		188,960		52.7	%
Agricultural products		-		-		-		39,213		995		40,208		11.2	%
Total as of 06.30.2024		44,167		1,981		5,348		301,122		5,966		358,584		100.0	%