SLC Agrícola S A : Demonstrações Financeiras em Padrões Internacionais - ITR 2T23 versão Inglês

ITR - Quarterly Information - 06/30/2023 - SLC AGRICOLA S.A.	Version: 1
(A free translation of the original in Portuguese)
Contents
Company Information
Capital composition	1
Individual financial statements
Balance sheet - Assets	2
Balance sheet - Liabilities	3
Statement of income	5
Statements of comprehensive income	7
Statement of cash flows (Indirect method)	8
Statement of changes in shareholders' equity
Statement of changes in shareholders' equity - 01/01/2023 to 06/30/2023	10
Statement of changes in shareholders' equity - 01/01/2022 to 06/30/2022	11
Statement of added-value	12
Consolidated financial statements
Balance sheet - Assets	13
Balance sheet - Liabilities	14
Statement of income	16
Statements of comprehensive income	18
Statement of cash flows (Indirect method)	19
Statement of changes in shareholders' equity
Statement of changes in shareholders' equity - 01/01/2023 to 06/30/2023	21
Statement of changes in shareholders' equity - 01/01/2022 to 06/30/2022	22
Statement of added-value	23
Management report and comments on performance	24
Notes to the quarterly information 41
Commentary on the Behavior of Business Projections	101
Other Information that the Company deems Relevant	106
Reports and declarations
Independent Auditor's Review Report on Quarterly Information	109
Opinion of the Fiscal Council or Equivalent Body	111
Declaration of Directors on the Financial Statements	112
Statements of Directors on the Report of the Independent Auditor	113

ITR - Quarterly Information - 06/30/2023 - SLC AGRICOLA S.A.

Version: 1

(A free translation of the original in Portuguese)

Company information / Capital composition

Number of shares	Current Quarter
(units)	06/30/2023
Paid-up capital
Common shares	226,664,858
Preferred shares	0
Total	226,664,858
Treasury shares
Common shares	4,485,872
Preferred shares	0
Total	4,485,872

Page 1 of 113

ITR - Quarterly Information - 06/30/2023 - SLC AGRICOLA S.A.

Version: 1

(A free translation of the original in Portuguese)

Individual financial statements / Balance sheet - Assets (In thousands of Reais)

Code of	Account description	Current quarter	Previous year
account		06/30/2023	12/31/2022
1	Total assets	15,467,369	15,061,652
1.01	Current assets	5,522,309	4,982,114
1.01.01	Cash and cash equivalents	701,008	845,445
1.01.01.01	Cash and cash equivalents	701,008	845,445
1.01.03	Accounts receivable	489,794	436,158
1.01.03.01	Customers	172,447	123,834
1.01.03.02	Other Accounts Receivable	317,347	312,324
1.01.03.02.01	Advances to suppliers	8,282	9,247
1.01.03.02.02	Derivative Transacions	257,805	192,100
1.01.03.02.03	Credits with Related Parties	7,976	63,637
1.01.03.02.04	Other Accounts Receivable	43,284	47,340
1.01.04	Inventories	1,866,254	2,360,370
1.01.05	Biological assets	2,299,825	1,257,897
1.01.06	Recoverable taxes	110,219	73,882
1.01.06.01	Current recoverable taxes	110,219	73,882
1.01.07	Prepaid expenses	54,711	7,864
1.01.08	Other Current Assets	498	498
1.01.08.02	Discontinued Operations Assets	498	498
1.02	Non-current assets	9,945,060	10,079,538
1.02.01	Long-term assets	203,562	191,893
1.02.01.03	Financial Applications at amortized cost	1,044	747
1.02.01.03.01	Securities Held to Maturity	1,044	747
1.02.01.08	Prepaid expenses	985	58
1.02.01.09	Credits with related parties	1,523	0
1.02.01.09.02	Loans to subsidiaries	1,523	0
1.02.01.10	Other Non-current Assets	200,010	191,088
1.02.01.10.03	Derivatives Transactions	59,300	51,138
1.02.01.10.04	Other Accounts Receivable	1,603	2,439
1.02.01.10.06	Recoverable taxes	139,107	137,511
1.02.02	Investments	4,495,918	4,008,749
1.02.02.01	Shareholdings	4,495,918	4,008,749
1.02.02.01.02	Investments in Subsidiaries	4,495,604	4,008,435
1.02.02.01.04	Other Investments	314	314
1.02.03	Fixed Assets	5,168,427	5,795,441
1.02.03.01	Fixed Assets in Operation	1,404,747	1,234,521
1.02.03.02	Right-of-Use in Progress	3,683,765	4,486,842
1.02.03.02.01	Asset use rights	3,683,765	4,486,842
1.02.03.03	Fixed Assets in Progress	79,915	74,078
1.02.04	Intangible	77,153	83,455
1.02.04.01	Intangibles	77,153	83,455
1.02.04.01.02	New Systems Implementation	8,997	15,710
1.02.04.01.03	Other (systems)	68,156	67,745

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ITR - Quarterly Information - 06/30/2023 - SLC AGRICOLA S.A.

Version: 1

(A free translation of the original in Portuguese)

Individual financial statements / Balance sheet - Liabilities (In thousands of Reais)

Code of		Current quarter	Previous year
account	Account description	06/30/2023	12/31/2022
2	Total liabilities	15,467,369	15,061,652
2.01	Current liabilities	3,227,987	3,850,388
2.01.01	Social and Labor Obligations	8,636	10,621
2.01.01.01	Social obligations	8,622	10,728
2.01.01.02	Labor obligations	14	(107)
2.01.02	Suppliers	471,903	1,090,965
2.01.02.01	National suppliers	471,903	1,090,965
2.01.03	Tax obligations	29,212	189,140
2.01.03.01	Federal Taxes	27,071	186,716
2.01.03.01.01	Income Tax and Social Contribution Payable	37	149,167
2.01.03.01.02	Taxes and Contributions (Other)	27,034	37,549
2.01.03.02	State Taxes	1,112	1,626
2.01.03.03	Municipal Taxes	1,029	798
2.01.04	Loans and Financing	1,928,553	1,137,091
2.01.04.01	Loans and Financing	1,928,553	1,137,091
2.01.04.01.01	In Local Currency	1,928,553	1,137,091
2.01.05	Other obligations	712,992	1,320,503
2.01.05.01	Liabilities with Related Parties	11,489	6,386
2.01.05.01.02	Debts with Subsidiaries	8,984	4,106
2.01.05.01.04	Other Payables to Related Parties	2,505	2,280
2.01.05.02	Others	701,503	1,314,117
2.01.05.02.01	Dividends and interest on capital payable	215	291,852
2.01.05.02.04	Advances from Customers	187,508	159,845
2.01.05.02.05	Operations with Derivatives	210,356	137,320
2.01.05.02.07	Other Debts	7,492	30,413
2.01.05.02.08	Lease Liability with Related Parties	112,505	327,505
2.01.05.02.09	Lease Liabilities with Third Parties	183,427	367,182
2.01.06	Provisions	76,691	102,068
2.01.06.01	Provisions: Tax, Social, Security and Labor	76,649	102,028
2.01.06.01.01	Tax provisions	0	613
2.01.06.01.02	Social Security and Labor Provisions	36,982	26,926
2.01.06.01.03	Provisions for Employee Benefits	37,396	71,645
2.01.06.01.04	Civil provisions	54	54
2.01.06.01.05	Labor Provisions for contingencies	2,217	2,790
2.01.06.02	Other Provisions	42	40
2.01.06.02.03	Provisions for environmental liabilities and Deactivation	42	40
2.02	Non-current liabilities	6,940,503	6,612,467
2.02.01	Loans and Financing	2,690,563	2,016,280
2.02.01.01	Loans and Financing	2,690,563	2,016,280
2.02.01.01.01	In Local Currency	2,690,563	2,016,280
2.02.02	Other obligations	3,658,338	4,266,005
2.02.02.02	Others	3,658,338	4,266,005
2.02.02.02.03	Operations with Derivatives	40,871	20,074
2.02.02.02.04	Other Debts	451	520
2.02.02.02.05	Lease Liabilities with Related Parties	2,374,573	2,513,411
2.02.02.02.06	Third party lease liability	2,374,573	1,732,000
2.02.03	Deferred taxes	591,602	330,182

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ITR - Quarterly Information - 06/30/2023 - SLC AGRICOLA S.A.		Version: 1
(A free translation of the original in Portuguese)
2.02.03.01	Income Tax and Social Contribution Deferred	591,602	330,182
2.03	Shareholder´s Equity	5,298,879	4,598,797
2.03.01	Capital Stock	2,012,522	1,512,522
2.03.02	Capital reserves	18,844	(111,626)
2.03.02.01	Premium on issue of shares	19,414	26,666
2.03.02.04	Options Granted	85,481	76,022
2.03.02.05	Treasury shares	(151,907)	(280,170)
2.03.02.07	Capital Reserve	65,856	65,856
2.03.04	Profit Reserves	872,843	1,891,460
2.03.04.01	Legal reserve	203,595	203,595
2.03.04.02	Statutory reserve	648,182	1,365,836
2.03.04.05	Retained Earnings Reserve	5,628	5,628
2.03.04.08	Additional Dividend Proposed	0	300,963
2.03.04.10	Incentivized Investment Reserve	15,438	15,438
2.03.05	Profits / Losses	873,907	0
2.03.08	Other Comprehensive Results	1,520,763	1,306,441

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