XML 79 R59.htm IDEA: XBRL DOCUMENT
v3.21.1

18. SHARE BASED PAYMENT (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Disclosure of terms and conditions of share-based payment arrangement [abstract] |
Schedule of breakdown of outstanding granted options | The breakdown of the outstanding granted stock options is set forth as follows:
Date |  | Quantity |  | Grant (1) |  | Strike price (1)
Grant date |  | Beggining of exercise |  | End of the exercise |  | Options granted |  | Outstanding options |  | Fair value of the option |  | Granting date |  | Updated IPCA
04.26.16 |  | 04.30.17 |  | 04.30.21 |  | 8,724,733 |  | 1,275,000 |  | 9.21 |  | 56.00 |  | 69.61
05.31.16 |  | 05.31.17 |  | 05.31.21 |  | 3,351,220 |  | 1,145,330 |  | 10.97 |  | 46.68 |  | 57.58
|  |  |  |  |  | 12,075,953 |  | 2,420,330 |  |  |  |  |  |
| (1) | Amounts expressed in Brazilian Reais.
Schedule of restricted stock plan | The vesting is conditional to the: (i) continuity of the employment relationship with the Company for three years after the grant date; (ii) achievement of a minimum shareholder return defined by the Board of Directors in the granting agreements and measured at the end of the vesting period; or (iii) any other conditions determined by the Board of Directors in each grant.
Date |  | Quantity |  | Grant (1)
Grant |  | Vesting date |  | Shares granted |  | Outstanding shares |  | Fair value of the shares
10.01.18 |  | 10.01.21 |  | 2,311,394 |  | 876,120 |  | 21.44
07.01.19 |  | 07.01.22 |  | 1,815,649 |  | 1,071,515 |  | 30.61
09.16.19 |  | 10.01.22 |  | 68,605 |  | 45,736 |  | 30.61
06.01.20 |  | 06.01.23 |  | 3,571,736 |  | 3,459,647 |  | 21.28
|  |  |  | 7,767,384 |  | 5,453,018 |  |
| (1) | Amounts expressed in Brazilian Reais.
Schedule of outstanding granted options | The rollforward of the granted options and shares for the year ended on December 31, 2020, is presented as follows:
Outstanding options/stocks as of December 31, 2019 |  | 5,820,274
Granted |  |
Restricted stocks - June 2020 |  | 3,571,736
Restricted stocks - April 2020 |  | 359,293
Exercised / Delivered: |  |
Restricted stocks – grant of April, 2020 |  | (260,487)
Restricted stocks – grant of September, 2019 |  | (16,580)
Restricted stocks – grant of June, 2019 |  | (140,945)
Restricted stocks – grant of October, 2018 |  | (267,475)
Restricted stocks – grant of June, 2018 |  | (97,875)
Forfeiture (1) : |  |
Restricted stocks – grant of June, 2020 |  | (112,089)
Restricted stocks - grant of April, 2020 |  | (98,806)
Restricted stocks - grant of July, 2019 |  | (440,302)
Restricted stocks - grant of June, 2019 |  | (125,363)
Restricted stocks - grant of October, 2018 |  | (244,863)
Stock options - grant of April, 2016 |  | (73,170)
Outstanding options/stocks as of December 31, 2020 |  | 7,873,348
| (1) | The forfeitures are related to the resignation of eligible executive before the end of the vesting period.
Schedule of expected maturity of the option | The fair value of the stock options is measured at the grant date using the Black-Scholes pricing model, based on the following assumptions:
Assumptions |  | Value |  | Description
Expected period |  | Exercise in the 1st year - 3.5 years Exercise in the 2nd year - 4.0 years Exercise in the 3rd year - 4.5 years Exercise in the 4th year - 5.0 years |  | The beneficiaries will execise their options at the limit of the exercise period.
Risk-free interest rate |  | 6.29% p.a. |  | National Treasury Bond (“NTN-B”) available on the date of calculation and with maturity equivalent to the terms of the option.
Volatility |  | 27.08% |  | Took into account the weighting of the trading history of the Company's shares.
Expected dividends |  | 2.40% |  | Is based on the average payment of dividends per share in relation to the market value of the shares for the past four years.
Expected inflation rate |  | 3.37% p.a. |  | Is based on estimated IPCA by Central Bank of Brazil, considering the remaining average terms of the option.

X
- Definition Tabular disclosure of breakdown of outstanding granted options. + References No definition available. + Details
Name: | brf_DisclosureOfBreakdownOfOutstandingGrantedOptionsTableExplanatory
Namespace Prefix: | brf_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of detailed information about restricted stock plan explanatory. + References No definition available. + Details
Name: | brf_DisclosureOfDetailedInformationAboutRestrictedStockPlanExplanatory
Namespace Prefix: | brf_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure ofexpected maturity of the option. + References No definition available. + Details
Name: | brf_DisclosureOfExpectedMaturityOfOption
Namespace Prefix: | brf_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the number and weighted average exercise prices of share options. [Refer: Weighted average [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 2 -IssueDate 2020-01-01 -Paragraph 45 -Subparagraph b -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2020-en-r&anchor=para_45_b&doctype=Standard -URIDate 2020-01-01 + Details
Name: | ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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