XML 183 R163.htm IDEA: XBRL DOCUMENT v3.21.1

23. FINANCIAL INSTRUMENTS AND RISK MANAGEMENT (Details 13) - BRL (R$) R$ in Thousands	Dec. 31, 2020	Dec. 31, 2019
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through other comprehensive income		R$ 19,285
Financial assets, fair value through profit and loss	R$ 329,202	413,788
Financial liabilities, fair value through profit and loss	5,583,913	1,972,507
Total	5,625,942	2,018,470
Derivatives [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss	377,990	245,315
Financial liabilities, fair value through profit and loss	(385,696)	(153,615)
Investment funds [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss	21,371	20,301
Financial treasury bills [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss	312,515	396,994
Credit linked notes [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through other comprehensive income		19,285
Stocks [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through other comprehensive income	42,029	26,678
Savings account and overnight [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss	1,220,232	689,874
Term deposits [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss	250,189	374,859
Bank deposit certificates [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss	3,662,448	879,758
Trade accounts receivables [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss	310,265	225,941
Written option- business combination [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial liabilities, fair value through profit and loss	(185,401)	(706,920)
Level 1 [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Total	1,846,336	1,527,991
Level 1 [member] | Derivatives [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss
Financial liabilities, fair value through profit and loss
Level 1 [member] | Investment funds [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss	21,371	20,301
Level 1 [member] | Financial treasury bills [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss	312,515	396,994
Level 1 [member] | Credit linked notes [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through other comprehensive income		19,285
Level 1 [member] | Stocks [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through other comprehensive income	42,029	26,678
Level 1 [member] | Savings account and overnight [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss	1,220,232	689,874
Level 1 [member] | Term deposits [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss	250,189	374,859
Level 1 [member] | Bank deposit certificates [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss
Level 1 [member] | Trade accounts receivables [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss
Level 2 [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Total	3,965,007	1,197,399
Level 2 [member] | Derivatives [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss	377,990	245,315
Financial liabilities, fair value through profit and loss	(385,696)	(153,615)
Level 2 [member] | Investment funds [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss
Level 2 [member] | Financial treasury bills [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss
Level 2 [member] | Credit linked notes [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through other comprehensive income
Level 2 [member] | Stocks [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through other comprehensive income
Level 2 [member] | Savings account and overnight [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss
Level 2 [member] | Term deposits [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss
Level 2 [member] | Bank deposit certificates [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss	3,662,448	879,758
Level 2 [member] | Trade accounts receivables [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss	310,265	225,941
Level 3 [Member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss	(185,401)	(706,920)
Level 3 [Member] | Written option- business combination [member]
DisclosureOfFinancialInstrumentsAndRisksManagementLineItems [Line Items]
Financial assets, fair value through profit and loss	R$ (185,401)	R$ (706,920)

X

- References

No definition available.

+ Details

Name:	brf_DisclosureOfFinancialInstrumentsAndRisksManagementLineItems
Namespace Prefix:	brf_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The amount refers to financial assets and liabilities.

+ References

No definition available.

+ Details

Name:	brf_FinancialAssetsAndLiabilities
Namespace Prefix:	brf_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

The amount of financial assets that are measured at fair value and for which gains (losses) are recognised in profit or loss. A financial asset shall be measured at fair value through profit or loss unless it is measured at amortised cost or at fair value through other comprehensive income. A gain (loss) on a financial asset measured at fair value shall be recognised in profit or loss unless it is part of a hedging relationship, it is an investment in an equity instrument for which the entity has elected to present gains and losses in other comprehensive income or it is a financial asset measured at fair value through other comprehensive income. [Refer: At fair value [member]; Financial assets]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 7
-IssueDate 2020-01-01
-Paragraph 8
-Subparagraph a
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_8_a&doctype=Standard
-URIDate 2020-01-01

+ Details

Name:	ifrs-full_FinancialAssetsAtFairValueThroughProfitOrLoss
Namespace Prefix:	ifrs-full_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

The amount of financial assets that are measured at fair value through other comprehensive income. A financial asset shall be measured at fair value through other comprehensive income if both of the following conditions are met: (a) the financial asset is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets and (b) the contractual terms of the financial asset give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding. [Refer: At fair value [member]; Financial assets]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 7
-IssueDate 2020-01-01
-Paragraph 8
-Subparagraph h
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_8_h&doctype=Standard
-URIDate 2020-01-01

+ Details

Name:	ifrs-full_FinancialAssetsMeasuredAtFairValueThroughOtherComprehensiveIncome
Namespace Prefix:	ifrs-full_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

The amount of financial liabilities that meet either of the following conditions: (a) they meet the definition of held for trading; or (b) upon initial recognition they are designated by the entity as at fair value through profit or loss. An entity may use this designation only when permitted by paragraph 4.3.5 of IFRS 9 (embedded derivatives) or when doing so results in more relevant information, because either: (a) it eliminates or significantly reduces a measurement or recognition inconsistency (sometimes referred to as ‘an accounting mismatch’) that would otherwise arise from measuring assets or liabilities or recognising the gains and losses on them on different bases; or (b) a group of financial liabilities or financial assets and financial liabilities is managed and its performance is evaluated on a fair value basis, in accordance with a documented risk management or investment strategy, and information about the group is provided internally on that basis to the entity’s key management personnel (as defined in IAS 24). [Refer: At fair value [member]; Key management personnel of entity or parent [member]; Derivatives [member]; Financial assets; Financial liabilities]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 7
-IssueDate 2020-01-01
-Paragraph 8
-Subparagraph e
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=7&code=ifrs-tx-2020-en-r&anchor=para_8_e&doctype=Standard
-URIDate 2020-01-01

+ Details

Name:	ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss
Namespace Prefix:	ifrs-full_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Details

Name:	ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_DerivativesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_InvestmentFundsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	ifrs-full_ClassesOfFinancialAssetsAxis=brf_FinancialTreasuryBillsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	ifrs-full_ClassesOfFinancialAssetsAxis=brf_CreditLinkedNotesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	ifrs-full_ClassesOfFinancialAssetsAxis=brf_StocksMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	ifrs-full_ClassesOfFinancialAssetsAxis=brf_SavingsAccountAndOvernightMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	ifrs-full_ClassesOfFinancialAssetsAxis=brf_TermDepositsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	ifrs-full_ClassesOfFinancialAssetsAxis=brf_BankDepositCertificatesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	ifrs-full_ClassesOfFinancialAssetsAxis=ifrs-full_TradeReceivablesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	ifrs-full_ClassesOfFinancialAssetsAxis=brf_WrittenOptionBusinessCombinationMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level1OfFairValueHierarchyMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level2OfFairValueHierarchyMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	ifrs-full_LevelsOfFairValueHierarchyAxis=ifrs-full_Level3OfFairValueHierarchyMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: