Adecoagro S.A. | CIK:0001499505 | 3

  • Filed: 4/27/2018
  • Entity registrant name: Adecoagro S.A. (CIK: 0001499505)
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  • ifrs-full:DisclosureOfExpensesExplanatory

    Expenses by nature

    The Group presents the statement of income under the function of expense method. Under this method, expenses are classified according to their function as part of the line items “cost of goods sold and direct agricultural selling expenses”, “general and administrative expenses” and “selling expenses”.
     
    The following table provides the additional disclosure required on the nature of expenses and their relationship to the function within the Group:
     
    Expenses by nature for the year ended December 31, 2017:
     
    Cost of production of manufactured products (Note 5)
     
    General and
    Administrative
    Expenses
     
    Selling
    Expenses
     
    Total
     
    Crops
     
    Rice
     
    Dairy
     
    All other
    segments
     
    Sugar,
    Ethanol and
    Energy
     
    Total
     
     
     
    Salaries, social security expenses and employee benefits
    —

     
    7,115

     
    —

     
    229

     
    50,243

     
    57,587

     
    33,969

     
    6,724

     
    98,280

    Raw materials and consumables
    695

     
    3,579

     
    —

     
    —

     
    9,343

     
    13,617

     
    —

     
    —

     
    13,617

    Depreciation and amortization
    —

     
    836

     
    —

     
    8

     
    119,427

     
    120,271

     
    6,162

     
    778

     
    127,211

    Fuel, lubricants and others
    —

     
    109

     
    —

     
    —

     
    25,272

     
    25,381

     
    454

     
    242

     
    26,077

    Maintenance and repairs
    —

     
    1,750

     
    —

     
    —

     
    17,005

     
    18,755

     
    1,189

     
    469

     
    20,413

    Freights
    —

     
    6,074

     
    —

     
    —

     
    572

     
    6,646

     
    —

     
    33,682

     
    40,328

    Export taxes / selling taxes
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    36,808

     
    36,808

    Export expenses
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    3,511

     
    3,511

    Contractors and services
    1,054

     
    —

     
    —

     
    —

     
    6,191

     
    7,245

     
    —

     
    —

     
    7,245

    Energy transmission
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    3,312

     
    3,312

    Energy power
    —

     
    1,342

     
    —

     
    —

     
    1,525

     
    2,867

     
    190

     
    53

     
    3,110

    Professional fees
    —

     
    51

     
    —

     
    —

     
    352

     
    403

     
    7,519

     
    1,633

     
    9,555

    Other taxes
    —

     
    93

     
    —

     
    —

     
    1,978

     
    2,071

     
    845

     
    5

     
    2,921

    Contingencies
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    2,174

     
    —

     
    2,174

    Lease expense and similar arrangements
    —

     
    269

     
    —

     
    —

     
    —

     
    269

     
    1,334

     
    56

     
    1,659

    Third parties raw materials
    —

     
    6,808

     
    —

     
    —

     
    34,161

     
    40,969

     
    —

     
    —

     
    40,969

    Others
    6

     
    955

     
    —

     
    —

     
    4,261

     
    5,222

     
    3,463

     
    8,126

     
    16,811

    Subtotal
    1,755

     
    28,981

     
    —

     
    237

     
    270,330

     
    301,303

     
    57,299

     
    95,399

     
    454,001

    Own agricultural produce consumed
    3,810

     
    39,988

     
    —

     
    —

     
    108,534

     
    152,332

     
    —

     
    —

     
    152,332

    Total
    5,565

     
    68,969

     
    —

     
    237

     
    378,864

     
    453,635

     
    57,299

     
    95,399

     
    606,333

     
    Expenses by nature for the year ended December 31, 2016:
     
    Cost of production of manufactured products (Note 5)
     
    General and
    Administrative
    Expenses
     
    Selling
    Expenses
     
    Total
     
    Crops
     
    Rice
     
    Dairy
     
    All other
    segments
     
    Sugar,
    Ethanol and
    Energy
     
    Total
     
     
     
    Salaries, social security expenses and employee benefits
    —

     
    5,590

     
    —

     
    206

     
    54,225

     
    60,021

     
    30,935

     
    5,358

     
    96,314

    Raw materials and consumables
    468

     
    3,927

     
    —

     
    —

     
    7,025

     
    11,420

     
    —

     
    —

     
    11,420

    Depreciation and amortization
    —

     
    856

     
    —

     
    —

     
    102,620

     
    103,476

     
    5,006

     
    695

     
    109,177

    Fuel, lubricants and others
    —

     
    86

     
    —

     
    —

     
    26,307

     
    26,393

     
    450

     
    368

     
    27,211

    Maintenance and repairs
    —

     
    1,408

     
    —

     
    —

     
    21,641

     
    23,049

     
    931

     
    390

     
    24,370

    Freights
    —

     
    4,901

     
    14

     
    —

     
    330

     
    5,245

     
    —

     
    29,976

     
    35,221

    Export taxes / selling taxes
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    29,375

     
    29,375

    Export expenses
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    3,649

     
    3,649

    Contractors and services
    10

     
    —

     
    39

     
    —

     
    4,374

     
    4,423

     
    —

     
    —

     
    4,423

    Energy transmission
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    2,890

     
    2,890

    Energy power
    —

     
    913

     
    —

     
    —

     
    1,007

     
    1,920

     
    795

     
    211

     
    2,926

    Professional fees
    —

     
    90

     
    —

     
    —

     
    387

     
    477

     
    5,495

     
    1,105

     
    7,077

    Other taxes
    —

     
    58

     
    —

     
    —

     
    2,012

     
    2,070

     
    653

     
    8

     
    2,731

    Contingencies
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    1,835

     
    —

     
    1,835

    Lease expense and similar arrangements
    —

     
    145

     
    —

     
    —

     
    —

     
    145

     
    1,185

     
    51

     
    1,381

    Third parties raw materials
    —

     
    3,001

     
    —

     
    —

     
    26,552

     
    29,553

     
    —

     
    —

     
    29,553

    Tax recoveries
    —

     
    —

     
    —

     
    —

     
    (11,527
    )
     
    (11,527
    )
     
    —

     
    —

     
    (11,527
    )
    Others
    —

     
    1,344

     
    —

     
    —

     
    4,428

     
    5,772

     
    3,465

     
    6,597

     
    15,834

    Subtotal
    478

     
    22,319

     
    53

     
    206

     
    239,381

     
    262,437

     
    50,750

     
    80,673

     
    393,860

    Own agricultural produce consumed
    —

     
    38,935

     
    318

     
    —

     
    137,410

     
    176,663

     
    —

     
    —

     
    176,663

    Total
    478

     
    61,254

     
    371

     
    206

     
    376,791

     
    439,100

     
    50,750

     
    80,673

     
    570,523



     
    Expenses by nature for the year ended December 31, 2015:

     
    Cost of production of manufactured products (Note 5)
     
     
     
     
     
     
     
    Crops
     
    Rice
     
    Dairy
     
    All other
    segments
     
    Sugar,
    Ethanol and
    Energy
     
    Total
     
    General and
    Administrative
    Expenses
     
    Selling
    Expenses
     
    Total
    Salaries, social security expenses and employee benefits
    —

     
    5,952

     
    —

     
    551

     
    49,454

     
    55,957

     
    28,354

     
    5,053

     
    89,364

    Raw materials and consumables
    56

     
    3,760

     
    86

     
    —

     
    7,143

     
    11,045

     
    —

     
    —

     
    11,045

    Depreciation and amortization
    —

     
    1,305

     
    —

     
    —

     
    82,711

     
    84,016

     
    5,762

     
    765

     
    90,543

    Fertilizers, agrochemicals and seeds
    —

     
    —

     
    —

     
    52

     
    —

     
    52

     
    —

     
    —

     
    52

    Fuel, lubricants and others
    —

     
    102

     
    —

     
    —

     
    20,034

     
    20,136

     
    468

     
    66

     
    20,670

    Maintenance and repairs
    —

     
    1,167

     
    —

     
    —

     
    13,934

     
    15,101

     
    937

     
    356

     
    16,394

    Freights
    9

     
    4,303

     
    38

     
    —

     
    —

     
    4,350

     
    16

     
    20,930

     
    25,296

    Export taxes / selling taxes
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    29,110

     
    29,110

    Export expenses
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    3,223

     
    3,223

    Contractors and services
    —

     
    —

     
    82

     
    —

     
    3,297

     
    3,379

     
    —

     
    —

     
    3,379

    Energy transmission
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    2,386

     
    2,386

    Energy power
    —

     
    622

     
    —

     
    —

     
    1,039

     
    1,661

     
    793

     
    27

     
    2,481

    Professional fees
    —

     
    84

     
    —

     
    —

     
    349

     
    433

     
    6,008

     
    1,257

     
    7,698

    Other taxes
    —

     
    85

     
    —

     
    —

     
    1,260

     
    1,345

     
    716

     
    —

     
    2,061

    Contingencies
    —

     
    —

     
    —

     
    —

     
    —

     
    —

     
    1,482

     
    —

     
    1,482

    Lease expense and similar arrangements
    —

     
    77

     
    —

     
    —

     
    216

     
    293

     
    1,107

     
    43

     
    1,443

    Third parties raw materials
    —

     
    9,506

     
    —

     
    —

     
    24,182

     
    33,688

     
    —

     
    —

     
    33,688

    Tax recoveries
    —

     
    —

     
    —

     
    —

     
    (14,395
    )
     
    (14,395
    )
     
    —

     
    —

     
    (14,395
    )
    Others
    2

     
    691

     
    —

     
    —

     
    5,087

     
    5,780

     
    2,782

     
    7,052

     
    15,614

    Subtotal
    67

     
    27,654

     
    206

     
    603

     
    194,311

     
    222,841

     
    48,425

     
    70,268

     
    341,534

    Own agricultural produce consumed
    —

     
    32,791

     
    418

     
    —

     
    78,816

     
    112,025

     
    —

     
    —

     
    112,025

    Total
    67

     
    60,445

     
    624

     
    603

     
    273,127

     
    334,866

     
    48,425

     
    70,268

     
    453,559