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UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Jun. 30, 2022
OPERATING ACTIVITIES          
(Loss) profit for the period $ 27,478,519 $ (6,976,949) $ 22,964,240 $ 626,773  
Adjustments to reconcile profit to net cash flows          
Income tax     507,922 11,076,571  
Financial results     25,606,323 18,185,537  
Depreciation of property, plant and equipment     4,201,056 2,682,823  
Amortization of intangible assets     7,958,605 2,171,429  
Depreciation of leased assets     2,816,343 826,413  
Transactional expenses     3,973,916 247,500  
Share-based incentive and stock options     2,680,218 1,133,533  
Share of profit or loss of joint ventures and associates (378,145) 203,954 (1,260,433) (715,133)  
Loss of participation in joint ventures and associates     13,433    
Provisions for contingencies     61,948 129,388  
Allowance for impairment of trade debtors     510,243 1,420,200  
Allowance for obsolescence     814,026 513,439  
Initial recognition and changes in the fair value of biological assets     (972,371) (4,183,387)  
Changes in the net realizable value of agricultural products after harvest     2,848,810 2,030,505  
Gain or loss on sale of equipment and intangible assets     (68,292) (171,986)  
Working capital adjustments          
Trade receivables     (40,769,077) (22,459,583)  
Other receivables     (12,211,085) (3,888,222)  
Income and minimum presumed income taxes payable     (11,141,678) 5,650,557  
Inventories and biological assets     (19,371,086) (50,658,363)  
Trade and other payables     (3,741,470) 57,850,170  
Employee benefits and social security     320,004 2,194,341  
Deferred revenue and advances from customers     24,123,896 (3,105,603)  
Income taxes paid     (3,468,795) (7,186,204)  
Government grants       (784)  
Interest collected     4,777,712 3,860,454  
Inflation effects on working capital adjustments     (94,393) (30,324,407)  
Net cash flows generated (used) by operating activities     11,080,015 (12,094,039)  
INVESTMENT ACTIVITIES          
Proceeds from sale of property, plant and equipment     107,155 369,660  
Net cash received from business combination     4,373,265    
Net loans granted to shareholders and other related parties       (191,085)  
Proceeds from financial assets     2,491,947 11,165,786  
Investment in financial assets     (13,458,518) (48,183)  
Purchase of property, plant and equipment     (7,319,549) (2,955,734)  
Capitalized development expenditures     (8,479,784) (2,810,616)  
Purchase of intangible assets     (198,203) (1,244,392)  
Net cash flows (used) generated by investing activities     (22,483,687) 4,285,436  
FINANCING ACTIVITIES          
Proceeds from borrowings     180,832,115 109,080,196  
Repayment of borrowings, financed payments and interest payments     (140,696,634) (92,737,821)  
Decrease in bank overdrafts and other short-term borrowings       (32,838)  
Other financial proceeds or payments, net     (5,009,457) (1,630,341)  
Acquisition of non-controlling interest in subsidiaries       (724,429)  
Purchase of own shares     (2,513,787)    
Leased assets payments     (2,530,405) (720,403)  
Cash dividend distributed by subsidiary     (452,129)    
Net cash flows generated by financing activities     29,629,703 13,234,364  
Net increase in cash and cash equivalents     18,226,031 5,425,761  
Inflation effects on cash and cash equivalents     (30,650) (6,773,681)  
Cash and cash equivalents as of beginning of the period     33,475,266 36,046,113 $ 36,046,113
Effect of exchange rate changes on cash and equivalents     6,066,491 4,343,094  
Cash and cash equivalents as of the end of the period $ 57,737,138 $ 39,041,287 $ 57,737,138 $ 39,041,287 $ 33,475,266