Equity (Tables)

12 Months Ended

Jun. 30, 2019

Equity

Schedule of capital (number of shares)

Shareholder	2019		2018
Cresud S.A.C.I.F.Y.A.		23,291,500		23,291,500
Board of Directors		8,462,700		8,431,700
Executive Board		131,267		168,267
Officers		8,593,967		8,599,967
Treasury		3,086,748		3,086,748
Other		21,916,701		21,910,701
Total shares of paid-up capital		56,888,916		56,888,916
Total outstanding shares		21,916,701		21,910,701
Outstanding shares as percentage of total shares (%)		39		39

Schedule of dividends

	2019			2018
Profit for the year		177,079			126,338
(-) Constitution of legal reserve (5% of net profit)		(8,854	)		(6,317	)
Adjusted net profit		168,225			120,021
(-) Mandatory minimum dividends - 25% of adjusted net profit		(42,056	)		(30,005	)
(-) Additional dividends proposed		(7,944	)		(10,995	)
Proposed dividends		(50,000	)		(41,000	)
Set-up of reserve for investments and expansion		118,225			79,021
Total paid-in capital (per thousand shares)		56,889			56,889
(-) Treasury shares (per thousand shares)		(3,087	)		(3,087	)
(=) Outstanding shares (per thousand shares)		53,802			53,802
Dividend per share (R$)		0.93			0.76

Schedule of changes in treasury shares

Treasury shares	Number of shares			Amount (R$)
At June 30, 2017		3,254,556			36,797
Acquisitions		50,300			610
Transfer to Board of Executive Officers – 2nd   and 3rd Grant of Shares (Note 21)		(218,108	)		(2,199	)
At June 30, 2018		3,086,748			35,208
At June 30, 2019		3,086,748			35,208

Schedule of subscription warrants

	Second issue
BrasilAgro – Companhia Brasileira de Propriedades Agrícolas	2019		2018
Price of share - R$		16.60		13.55
Maturity (years)		15		15
Maturity (day/month/year)		27/04/2021		27/04/2021
Exercise price at year end - R$/share		20.23		19.57
Number of existing shares		56,888,916		56,888,916
Percentage of capital available for conversion (shares) - %		20		20
Number of outstanding shares and stock purchase warrants		256,000		256,000