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Related Parties
 12 Months Ended
Jun. 30, 2023
Related Parties [Abstract]  
Related parties

Note 28. Related parties

 

Balances and transactions between the Group entities, which are related parties, have been eliminated on consolidation and are not disclosed in this note. Transactions between the Group and its directors and/or executive board members and the Company and the Parent are disclosed below.

 

Transactions with key management personnel

 

Key management personnel compensation comprised:

 

Other Related Party Transactions

 

In USD ($)  June 30,
2023		   June 30,
2022		   June 30,
2021		   December 31,
2020		 
Short-term employee benefits   39,250    96,437    109,205    38,355 
Share based payment   904,861    838,576    
-
    
-
 

 

Other Related Party Transactions

 

In USD ($)   Note   For the year ended
June 30,
2023		     For the year ended
June 30,
2022		     From the period
of January 1,
2021 through
June 30,
2021		     From the period of August 21, 2020 through December 31,
2020		  
Share based payment                            
Key management         904,861       838,576       -       -  
CFO Shares Alloted   (vi)     364,014       -       -       -  
Issue of Additional Shares                                    
Issue of share capital         15,000       -       -       -  
Issue of share premium         39,610,630       -       -       -  
Parent of the Company – Bioceres Crop Solutions Corp         -       -       3,000,000       -  
Parent of the Company – Union Group Ventures         -       -       -       2,000,000  
Parent of the Company – BG Farming Technologies         -       -       -       2,000,000  
Company’s Cash Balance in Other’s Accounts                                    
Parent of BF Farming Technologies – Bioceres S.A.         -       -       -       300,000  
100% Subsidiary of Bioceres S.A. – Bioceres LLC         -       -       500,000       300,000  
Expenses Paid on Behalf of the Company                                    
Parent of BG Farming Technologies - Bioceres S.A.   (i)     -       265,810       509,628       244,029  
100% Subsidiary of Bioceres S.A. - Bioceres LLC   (i)     238,121       156,760       453,282       56,863  
Services Provided by Other Companies                                    
30% owned by Bioceres S.A. - INMET S.A.- Ingenieria Metabolica S.A   (ii)     286       252       144,530       160,390  
98.6% owned by Bioceres S.A. - INDEAR S.A.- Instituto de Agrobiotecnología Rosario   (iii)     258,279       57,047       129,695       2,540  
Owned by Bioceres S.A. - Agrality Inc.   (iv)     5,000       85,435       -       -  
Founded and operated by the Company’s CPO - Future Foods B.V.   (v)     85,880       94,857       35,958       17,801  
Moolec Science S.A. Shareholders   (vii)     693,027       -       -       -  
THEO I SCSp         -       1,500,000       -       -  

 

(i)Expenses paid by Bioceres LLC on behalf of the Company.
(ii)The Company entered into an agreement with INMET S.A.- Ingenieria Metabolica S,A through which it would receive research services in exchange for payment.
(iii)The Company entered into an agreement with INDEAR S.A.- Instituto de Agrobiotecnologia Rosario where it would receive research services in exchange for payment.
(iv)The Company entered into an agreement with Agrality Inc, for the provision of services.
(v)The Company entered into an agreement with Future Foods B.V. for the provision of services.
(vi)Shares issue related to share based payment already vested.
(vii)The Company entered into an agreement with shareholders which accrues an internal rate of return.

 

Other Related Party Balances

 

In USD ($)  Balance
outstanding
as of
June 30,
2023		   Balance
outstanding
as of
June 30,
2022		 
100% Subsidiary of Bioceres S.A. - Bioceres LLC   (623,629)   (385,508)
Moolec S.A. Shareholders   8,763,027    
-
 
Union Group Ventures Limited   (677,000)   
-
 
INDEAR S.A.   (72,494)   
-
 
Future Foods B.V   (78,337)   
-