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Financial risk management (Details 4) - BRL (R$)
R$ in Thousands
Jun. 30, 2018
Jun. 30, 2017
Current    
Cash equivalents R$ 81,213 R$ 28,639
Marketable securities 11,215 6,972
Trade accounts receivable, net 78,557 44,303
Receivable from sale of farm, net 21,372 9,136
Derivative financial instruments [1] 28,299 4,090
Transactions with related parties 1,660 1,298
Noncurrent    
Marketable securities 18,226 17,088
Trade accounts receivable, net 55,423 22,692
Receivable from sale of farm 55,423 22,592
Derivative financial instruments [1] 4,053 1
Transactions with related parties 35,640
Total 278,646 160,723
Current    
Trade accounts payable 48,518 37,805
Loans,financing and debentures [2] 68,412 55,001
Finance lease sugarcane crop - Partnership III [3] 1,676 1,619
Derivative financial instruments [1] 10,489 3,978
Payables for purchase of farms 24,646
Noncurrent    
Loans,financing and debentures [2] 187,393 33,095
Finance lease sugarcane crop - Partnerships III and IV [3] 18,539 22,460
Derivative financial instruments [1] 2,145
Total 337,172 178,604
Financial liabilities at amortized cost [Member]    
Current    
Trade accounts payable 48,518 37,805
Loans,financing and debentures [2] 68,412 55,001
Finance lease sugarcane crop - Partnership III [3]
Derivative financial instruments [1]
Payables for purchase of farms 24,646
Noncurrent    
Loans,financing and debentures [2] 187,393 33,095
Finance lease sugarcane crop - Partnerships III and IV [3]
Derivative financial instruments [1]
Total 304,323 150,547
Designated at fair value through profit or loss [Member]    
Current    
Trade accounts payable
Loans,financing and debentures [2]
Finance lease sugarcane crop - Partnership III [3] 1,676 1,619
Derivative financial instruments [1] 10,489 3,978
Payables for purchase of farms
Noncurrent    
Loans,financing and debentures [2]
Finance lease sugarcane crop - Partnerships III and IV [3] 18,539 22,460
Derivative financial instruments [1] 2,145
Total 32,849 28,057
Fair value Level 2 [Member]    
Current    
Cash equivalents 81,213 28,639
Marketable securities 11,215 6,972
Trade accounts receivable, net 57,185 35,167
Receivable from sale of farm, net 21,372 9,136
Derivative financial instruments [1] 7,293 670
Transactions with related parties 1,660 1,298
Noncurrent    
Marketable securities 18,226 17,088
Trade accounts receivable, net 100
Receivable from sale of farm 55,423 22,592
Derivative financial instruments [1] 4,053
Transactions with related parties 35,640
Total 257,640 157,302
Current    
Trade accounts payable 48,518 37,805
Loans,financing and debentures [2] 68,412 55,001
Derivative financial instruments [1] 9,214 809
Payables for purchase of farms 24,646
Noncurrent    
Loans,financing and debentures [2] 187,393 33,095
Derivative financial instruments [1] 2,145
Total 315,682 151,356
Fair value through profit or loss [Member]    
Current    
Cash equivalents 81,213 28,639
Marketable securities 11,215 6,972
Trade accounts receivable, net
Receivable from sale of farm, net 21,372 9,136
Derivative financial instruments [1] 28,299 4,090
Transactions with related parties
Noncurrent    
Marketable securities 18,226 17,088
Trade accounts receivable, net  
Receivable from sale of farm 55,423 22,592
Derivative financial instruments [1] 4,053 1
Transactions with related parties
Total 219,801 88,518
Loans and receivables [Member]    
Current    
Cash equivalents
Marketable securities
Trade accounts receivable, net 57,185 35,167
Receivable from sale of farm, net
Derivative financial instruments [1]
Transactions with related parties 1,660 1,298
Noncurrent    
Marketable securities
Trade accounts receivable, net 100
Receivable from sale of farm
Derivative financial instruments [1]
Transactions with related parties 35,640
Total R$ 58,845 R$ 72,205
[1] The Derivative transactions negotiated in an active market in the amount of R$1,275 (R$3,169 at June 30, 2017) are measured at fair value at Level 1, and over-the-counter transactions are measured at Level 2, as presented in the table above.
[2] The carrying amount of loans and financing in the financial statements, approximate the fair value, since the rates of these instruments are substantially subsidized and there is no intention of early settlement;
[3] Finance lease is measured at fair value in Level 3. The pricing takes into account the average ATR for lease agreements disclosed by Consecana (138 Kg ATR / TC), at the Consecana price for the respective month, at a weighting of 50% EHC and 50% EAC.