XML 63 R43.htm IDEA: XBRL DOCUMENT
v3.21.1

1. COMPANY'S OPERATIONS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Companys Operations |
Schedule of equity interest |
1.1. | Equity interest
|  |  |  |  |  |  | % equity interest
Entity |  |  | Main activity |  | Country (1) |  | 12.31.20 |  | 12.31.19
BRF GmbH |  |  | Holding |  | Austria |  | 100.00 |  | 100.00
BRF Foods LLC |  |  | Import, industrialization and commercialization of products |  | Russia |  | 99.90 |  | 99.90
BRF Global Company Nigeria Ltd. |  |  | Marketing and logistics services |  | Nigeria |  | 99.00 |  | 99.00
BRF Global Company South Africa Proprietary Ltd. |  |  | Administrative, marketing and logistics services |  | South Africa |  | 100.00 |  | 100.00
BRF Global Company Nigeria Ltd. |  |  | Marketing and logistics services |  | Nigeria |  | 1.00 |  | 1.00
BRF Global GmbH |  |  | Holding and trading |  | Austria |  | 100.00 |  | 100.00
BRF Foods LLC |  |  | Import, industrialization and commercialization of products |  | Russia |  | 0.10 |  | 0.10
BRF Japan KK |  |  | Marketing and logistics services, import, export, industrialization and commercialization of products |  | Japan |  | 100.00 |  | 100.00
BRF Korea LLC |  |  | Marketing and logistics services |  | Korea |  | 100.00 |  | 100.00
BRF Shanghai Management Consulting Co. Ltd. |  |  | Provision of consultancy and marketing services |  | China |  | 100.00 |  | 100.00
BRF Shanghai Trading Co. Ltd. |  |  | Import, export and commercialization of products |  | China |  | 100.00 |  | 100.00
BRF Singapore Foods PTE Ltd. |  |  | Administrative, marketing and logistics services |  | Singapore |  | 100.00 |  | 100.00
BRF Hungary LLC | (c) |  | Import and commercialization of products |  | Hungary |  | - |  | 100.00
Compañía Paraguaya Comercial S.A. | (g) |  | Import and commercialization of products |  | Paraguay |  | - |  | 99.00
Eclipse Holding Cöoperatief U.A. |  |  | Holding |  | The Netherlands | 99.99 |  | 99.99
Buenos Aires Fortune S.A. | (n) |  | Holding |  | Argentina |  | 4.36 |  | 5.00
Eclipse Latam Holdings |  |  | Holding |  | Spain |  | 100.00 |  | 100.00
Buenos Aires Fortune S.A. | (o) |  | Holding |  | Argentina |  | 95.64 |  | 95.00
Perdigão Europe Lda. |  |  | Import, export of products and administrative services |  | Portugal |  | 100.00 |  | 100.00
Perdigão International Ltd. |  |  | Import and export of products |  | Cayman Island |  | 100.00 |  | 100.00
BFF International Ltd. | (f) |  | Financial fundraising |  | Cayman Island |  | - |  | 100.00
Highline International | (h) |  | Financial fundraising |  | Cayman Island |  | - |  | 100.00
Sadia Overseas Ltd. | (e) |  | Financial fundraising |  | Cayman Island |  | - |  | 100.00
ProudFood Lda |  |  | Import and commercialization of products |  | Angola |  | 90.00 |  | 90.00
Sadia Chile S.A. |  |  | Import, export and commercialization of products |  | Chile |  | 40.00 |  | 40.00
BRF Global Namíbia | (k) |  | Import and commercialization of products |  | Namibia |  | - |  | 100.00
Wellax Food Logistics C.P.A.S.U. Lda. |  |  | Import, commercialization of products and administrative services |  | Portugal |  | 100.00 |  | 100.00
BRF Austria GmbH |  |  | Holding |  | Austria |  | 100.00 |  | 100.00
One Foods Holdings Ltd |  |  | Holding |  | UAE |  | 100.00 |  | 100.00
Al-Wafi Food Products Factory LLC |  |  | Import, export, industrialization and commercialization of products |  | UAE |  | 49.00 |  | 49.00
Badi Ltd. |  |  | Holding |  | UAE |  | 100.00 |  | 100.00
Al-Wafi Al-Takamol International for Foods Products | (b) |  | Import and commercialization of products |  | Saudi Arabia |  | 100.00 |  | 75.00
BRF Al Yasra Food K.S.C.C. ("BRF AFC") |  |  | Import, commercialization and distribution of products |  | Kuwait |  | 75.00 |  | 75.00
BRF Foods GmbH |  |  | Industrialization, import and commercialization of products |  | Austria |  | 100.00 |  | 100.00
Al Khan Foodstuff LLC ("AKF") |  |  | Import, commercialization and distribution of products |  | Oman |  | 70.00 |  | 70.00
FFM Further Processing Sdn. Bhd. | (d) |  | Industrialization, import and commercialization of products |  | Malaysia |  | - |  | 70.00
FFQ GmbH |  |  | Industrialization, import and commercialization of products |  | Austria |  | 100.00 |  | 100.00
TBQ Foods GmbH |  |  | Holding |  | Austria |  | 60.00 |  | 60.00
Banvit Bandirma Vitaminli |  |  | Import, industrialization and commercialization of products |  | Turkey |  | 91.71 |  | 91.71
Banvit Enerji ve Elektrik ÜretimLtd. Sti. | (a) |  | Generation and commercialization of electric energy |  | Turkey |  | 100.00 |  | 100.00
Banvit Foods SRL |  |  | Industrialization of grains and animal feed |  | Romania |  | 0.01 |  | 0.01
Nutrinvestments BV |  |  | Holding |  | The Netherlands | 100.00 |  | 100.00
Banvit ME FZE |  |  | Marketing and logistics services |  | UAE |  | 100.00 |  | 100.00
Banvit Foods SRL |  |  | Industrialization of grains and animal feed |  | Romania |  | 99.99 |  | 99.99
One Foods Malaysia SDN. BHD. |  |  | Marketing and logistics services |  | Malaysia |  | 100.00 |  | 100.00
Federal Foods LLC |  |  | Import, commercialization and distribution of products |  | UAE |  | 49.00 |  | 49.00
Federal Foods Qatar |  |  | Import, commercialization and distribution of products |  | Qatar |  | 49.00 |  | 49.00
BRF Hong Kong LLC | (a) |  | Import, commercialization and distribution of products |  | Hong Kong |  | 100.00 |  | 100.00
Eclipse Holding Cöoperatief U.A. |  |  | Holding |  | The Netherlands | 0.01 |  | 0.01
Establecimiento Levino Zaccardi y Cia. S.A. | (a) (l) |  | Industrialization and commercialization of dairy products |  | Argentina |  | 99.99 |  | 99.94
BRF Energia S.A. |  |  | Commercialization of eletric energy |  | Brazil |  | 100.00 |  | 100.00
BRF Pet S.A. |  |  | Industrialization, commercialization and distribution of feed and nutrients for animals |  | Brazil |  | 100.00 |  | 100.00
PP-BIO Administração de bem próprio S.A. |  |  | Management of assets |  | Brazil |  | 33.33 |  | 33.33
PR-SAD Administração de bem próprio S.A. |  |  | Management of assets |  | Brazil |  | 33.33 |  | 33.33
ProudFood Lda |  |  | Import and commercialization of products |  | Angola |  | 10.00 |  | 10.00
PSA Laboratório Veterinário Ltda. |  |  | Veterinary activities |  | Brazil |  | 99.99 |  | 99.99
Sino dos Alpes Alimentos Ltda. | (a) |  | Industrialization and commercialization of products |  | Brazil |  | 99.99 |  | 99.99
Sadia Alimentos S.A. |  |  | Holding |  | Argentina |  | 43.10 |  | 43.10
|  |  |  |  |  |  | % equity interest
Entity |  |  | Main activity |  | Country (1) |  | 12.31.20 |  | 12.31.19
Sadia Chile S.A. | (j) |  | Import, export and marketing of products |  | Chile |  | 60.00 |  | -
Sadia International Ltd. |  |  | Import and commercialization of products |  | Cayman Island |  | 100.00 |  | 100.00
Sadia Chile S.A. | (j) |  | Import, export and marketing of products |  | Chile |  | - |  | 60.00
Sadia Uruguay S.A. | (i) |  | Import and commercialization of products |  | Uruguay |  | - |  | 5.10
Sadia Uruguay S.A. | (i) |  | Import and commercialization of products |  | Uruguay |  | 100.00 |  | 94.90
Sadia Alimentos S.A. |  |  | Holding |  | Argentina |  | 56.90 |  | 56.90
Compañía Paraguaya Comercial S.A. | (g) |  | Import and commercialization of products |  | Paraguay |  | - |  | 1.00
Vip S.A. Empreendimentos e Participações Imobiliárias |  |  | Commercialization of owned real state |  | Brazil |  | 100.00 |  | 100.00
Establecimiento Levino Zaccardi y Cia. S.A. | (a) (m) |  | Industrialization and commercialization of dairy products |  | Argentina |  | 0.01 |  | 0.06
PSA Laboratório Veterinário Ltda. |  |  | Veterinary activities |  | Brazil |  | 0.01 |  | 0.01
Sino dos Alpes Alimentos Ltda. | (a) |  | Industrialization and commercialization of products |  | Brazil |  | 0.01 |  | 0.01
(1) | UAE – United Arab Emirates.
a) | Dormant subsidiaries. The Company is evaluating the liquidation of these subsidiaries.
b) | On April 21, 2020, Badi Ltd. acquired the non-controlling portion of Al-Wafi Al-Takamol International for Foods Products by the amount equivalent to R$100,390 (USD 19,000).
c) | On June 10, 2020, BRF Hungary LLC was dissolved.
d) | On June 24, 2020, BRF Foods GmbH sold all shares held in FFM Further Processing Sdn. Bhd. to FFM Berhad for the amount equivalent to R$38,546 (USD7,350). The amount received is presented in the Investing Activities on the Statement of Cash Flows.
e) | On July 8, 2020, Sadia Overseas Ltd. was liquidated.
f) | On October 22, 2020 the subsidiary BFFI International Ltd. was dissolved.
g) | On November 3, 2020 the subsidiary Compañía Paraguaya Comercial S.A. was dissolved.
h) | On November 5, 2020 the subsidiary Highline International was dissolved.
i) | On November 10, 2020 Sadia International Ltd. sold to BRF S.A. the participation of 50% held in Sadia Uruguay S.A.
j) | On November 10, 2020 Sadia International Ltd. sold to BRF S.A. the participation of 60% held in Sadia Chile S.A.
k) | On November 11, 2020 the subsidiary BRF Global Namíbia was dissolved.
l) | On December 3, 2020, BRF S.A. became owner of 99.99% of Establecimiento Levino Zaccardi y Cia. S.A.
m) | On December 3, 2020, Vip S.A. Empreendimentos e Participações Imobiliárias became owner of 0.01% of Establecimiento Levino Zaccardi y Cia. S.A.
n) | On December 17, 2020, Eclipse Holding Cöoperatief U.A. became owner of 4.36% of Buenos Aires Fortune S.A.
o) | On December 17, 2020, Eclipse Latam Holdings became owner of 95.64% of Buenos Aires Fortune S.A.
Schedule of consolidated financial statements consolidated financial statements and those filed with the CVM, | The main differences between these consolidated financial statements and those filed with the CVM, are disclosed below:
|  | As filed with the CVM |  | Adjustment for class action settlement |  | As filed with the SEC |  | Corresponding notes
|  | 12.31.20 |  | 12.31.19 |  | 12.31.20 |  | 12.31.19 |  | 12.31.20 |  | 12.31.19 |  | 12.31.20
Statement of income (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other operating income (expenses), net |  | (254,178) |  | 428,820 |  | 204,436 |  | (204,436) |  | (49,742) |  | 224,384 |  | 24 and 26
Income taxes |  | 242,271 |  | 125,887 |  | (69,508) |  | 69,508 |  | 172,763 |  | 195,395 |  | 10
Net income from continuing operations |  | 1,390,069 |  | 1,213,261 |  | 134,928 |  | (134,928) |  | 1,524,997 |  | 1,078,333 |  | 22
Statement of Financial Position |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other current liabilities |  | 814,638 |  | 512,591 |  | - |  | 204,436 |  | 814,638 |  | 717,027 |  | -
Deferred income taxes |  | 2,109,064 |  | 1,845,862 |  | - |  | 69,508 |  | 2,109,064 |  | 1,915,370 |  | 10
Accumulated losses |  | (2,594,028) |  | (3,996,985) |  | - |  | (134,928) |  | (2,594,028) |  | (4,131,913) |  | 21.3
Total assets and total liabilities and equity |  | 49,664,906 |  | 41,700,631 |  | - |  | 69,508 |  | 49,664,906 |  | 41,770,139 |  | -
Schedule of statement of income (loss) | Due to the pandemic, the Company has incurred in direct expenditures, such as transportation, personnel, prevention, control and donations, which are presented in the statement of income (loss) within the following line items:
|  | 12.31.20
Cost of sales (1) |  | (356,960)
Selling expenses |  | (56,307)
General and administrative expenses |  | (86,032)
|  | (499,299)
| (1) | Includes non-incremental expenditures related do idleness in the amount of R$55,926.

X
- Definition Represent consolidated financial statements consolidated financial statements and those filed with cvm explanatory. + References No definition available. + Details
Name: | brf_ConsolidatedFinancialStatementsConsolidatedFinancialStatementsAndThoseFiledWithCvmExplanatory
Namespace Prefix: | brf_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | brf_DisclosureOfCompanysOperationsAbstract
Namespace Prefix: | brf_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represent statement of income loss explanatory. + References No definition available. + Details
Name: | brf_StatementOfIncomeLossExplanatory
Namespace Prefix: | brf_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of subsidiaries. [Refer: Subsidiaries [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2020-01-01 -Paragraph 17 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=27&code=ifrs-tx-2020-en-r&anchor=para_17_b&doctype=Standard -URIDate 2020-01-01 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 27 -IssueDate 2020-01-01 -Paragraph 16 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=27&code=ifrs-tx-2020-en-r&anchor=para_16_b&doctype=Standard -URIDate 2020-01-01 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 12 -IssueDate 2020-01-01 -Paragraph B4 -Subparagraph a -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2020-en-r&anchor=para_B4_a&doctype=Appendix&subtype=B -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfSignificantInvestmentsInSubsidiariesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration