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COMPANY’S OPERATIONS (Tables)
 12 Months Ended
Dec. 31, 2022
Companys Operations  
Schedule of equity interest
                 
              % equity interest
Entity     Main activity   Country (1)   12.31.22   12.31.21
BRF GmbH     Holding   Austria    100.00   100.00
BRF Foods GmbH (f)   Industrialization, import and commercialization of products   Austria    100.00   100.00
Al Khan Foodstuff LLC ("AKF") (b)   Import, commercialization and distribution of products   Oman   70.00     70.00
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 Üretim  Ltd. Sti.     Generation and commercialization of electric energy   Turkey    100.00   100.00
Nutrinvestments BV     Holding   The Netherlands    100.00   100.00
Banvit ME FZE (i)   Marketing and logistics services   UAE    100.00   100.00
BRF Foods LLC (a)   Import, industrialization and commercialization of products   Russia   99.99     99.99
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 (a)   Import, industrialization and commercialization of products   Russia     0.01   0.01
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
Eclipse Holding Cöoperatief U.A.     Holding   The Netherlands   99.99     99.99
Buenos Aires Fortune S.A. (a)   Holding   Argentina     4.36   4.36
Eclipse Latam Holdings     Holding   Spain    100.00   100.00
Buenos Aires Fortune S.A. (a)   Holding   Argentina   95.64     95.64
Perdigão Europe Lda.     Import, export of products and administrative services   Portugal    100.00   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
Wellax Food Logistics C.P.A.S.U. Lda.     Import, commercialization of products and administrative services   Portugal    100.00   100.00
One Foods Holdings Ltd.     Holding   UAE    100.00   100.00
Al-Wafi Food Products Factory LLC (h)   Import, export, industrialization and commercialization of products   UAE    100.00     49.00
Badi Ltd.     Holding   UAE    100.00   100.00
Al-Wafi Al-Takamol International for Foods Products     Import and commercialization of products   Saudi Arabia    100.00   100.00
Joody Al Sharqiya Food Production Factory LLC     Import and commercialization of products   Saudi Arabia    100.00   100.00
BRF Kuwait Food Management Company WLL (b)   Import, commercialization and distribution of products   Kuwait   49.00     49.00
One Foods Malaysia SDN. BHD. (a)   Marketing and logistics services   Malaysia    100.00   100.00
Federal Foods LLC (b)   Import, commercialization and distribution of products   UAE   49.00     49.00
Federal Foods Qatar (b)   Import, commercialization and distribution of products   Qatar   49.00     49.00
BRF Hong Kong LLC (g)   Import, commercialization and distribution of products   Hong Kong     -   100.00
Eclipse Holding Cöoperatief U.A.     Holding   The Netherlands     0.01   0.01
Establecimiento Levino Zaccardi y Cia. S.A. (a)   Industrialization and commercialization of dairy products   Argentina   99.99     99.99
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
Hercosul Alimentos Ltda. (e)   Manufacturing and sale of animal feed   Brazil    100.00   100.00
Hercosul Distribuição Ltda. (e)   Import, export, wholesale and retail sale of food products for animals   Brazil    100.00   100.00
Hercosul International S.R.L. (e)   Manufacturing, export, import and sale of feed and nutrients for animals   Paraguay   99.00     99.00
Hercosul Soluções em Transportes Ltda. (e)   Road freight   Brazil    100.00   100.00
Mogiana Alimentos S.A.     Manufacturing, distribution and sale of Pet Food products   Brazil    100.00   100.00
Affinity Petcare Brasil Participações Ltda. (e)   Holding   Brazil     -   100.00
Gewinner Participações Ltda. (e)   Industrialization, distribution and sale of feed and nutrients for animals   Brazil     -   100.00
Paraguassu Participações S.A. (e)   Holding   Brazil     -   100.00
Hercosul International S.R.L.     Manufacturing, export, import and sale of feed and nutrients for animals   Paraguay     1.00   1.00
Potengi Holdings S.A. (c)   Holding   Brazil   50.00    -
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
BRF Investimentos Ltda. (d)   Holding, management of companies and assets   Brazil   99.99     99.99
Sadia Alimentos S.A.     Holding   Argentina   43.10     43.10
Sadia Chile S.A.     Import, export and commercialization of products   Chile   60.00     60.00
Sadia Uruguay S.A.     Import and commercialization of products   Uruguay    100.00   100.00
Sadia Alimentos S.A.     Holding   Argentina   56.90     56.90
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)   Industrialization and commercialization of dairy products   Argentina     0.01   0.01
PSA Laboratório Veterinário Ltda.     Veterinary activities   Brazil     0.01   0.01
BRF Investimentos Ltda. (d)   Holding, management of companies and assets   Brazil     0.01   0.01

 

(1)UAE – United Arab Emirates.
(a)Dormant subsidiaries. The Company is evaluating the liquidation of these subsidiaries.
(b)For these entities, the Company has agreements that ensure full economic rights, except for AKF, in which the economic rights are of 99%.
(c)Affiliate with subsidiary of AES Brasil Energia S.A. (note 12).
(d)On February 11, 2022, the name of Sino dos Alpes Alimentos Ltda. was changed to BRF Investimentos Ltda.
(e)On July 31, 2022, BRF Pet S.A. merged the holding companies Affinity Petcare Brasil Participações Ltda., Gewinner Participações Ltda. and Paraguassu Participações S.A. which held interests in the operating companies Hercosul Alimentos Ltda., Hercosul Soluções em Transportes Ltda., Hercosul Distribuidora Ltda. e Mogiana Alimentos S.A. Therefore, as of this date, BRF Pet holds all the shares of these companies.
(f)As from September 28, 2022, BRF GMBH holds the entire capital stock of BRF Foods GMBH, with retroactive tax and accounting effects to January 1st, 2022.
(g)On October 7, 2022, the subsidiary BRF Hong Kong LLC was dissolved.
(h)On November 11, 2022, was acquired the remaining minority stake of Al-Wafi Food Products Factory LLC.
(i)On March 21, 2023, the subsidiary Banvit ME FZE was dissolved.
The fair value of the acquired assets and assumed liabilities in the business combination is presented below:
   
Mogiana Group Combined   Fair value at the acquisition date
Assets    
Cash and cash equivalents   938
Marketable securities    29,824
Trade and other receivables    59,758
Inventories    54,517
Recoverable taxes    27,748
Property, plant and equipment     139,042
Intangible assets     206,553
Other current and non-current assets   5,486
 Total     523,866
Liabilities    
Trade accounts payable    55,919
Loans and borrowings    22,688
Lease liability    10,168
Taxes payable    11,487
Payroll, related charges and employee profit sharing   6,296
Provision for tax, civil and labor risks (1)    34,976
Employee benefits   2,081
Deferred income taxes   815
Other current and non-current liabilities    16,932
 Total     161,362
     
Net assets acquired     362,504
     
Fair value of consideration transferred     477,408
     
Goodwill     114,904
(1)Includes R$28,853 related to contingent liabilities recognized in the business combination.