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Insurance
12 Months Ended
Jun. 30, 2019
Insurance [Abstract]  
Insurance
28.Insurance

 

The Company maintain (i) civil liability insurance for all employees working at the farms, (ii) insurance for machinery, (iii) life insurance for all the employees, as well as (iv) insurance for Directors and Officers (D&O) and for other Board members. The coverage amount is considered sufficient by management to cover risks, if any, over its assets and/or liabilities. The Company assessed the risk of farm buildings and facilities owned by the Group, as well as its inventories and biological assets, concluding that there is no need for other types of insurance due to low likelihood of risks.

 

Below is the table of the liabilities covered by insurance and the related amounts at June 30, 2019:

 

Insurance type  Coverage - R$ 
     
Civil liability (D&O)   30,000 
Civil, professional and general liability   8,832 
Machinery   8,920 
Fire/lightning/explosion/electrical damage (office)   5,182 
Storage silo (Chaparral Farm)   21,400 
    74,334