CTC Centro de Tecnologia Canavieira S A : Dados Econômico-Financeiros

Parent company and consolidated interim financial information

CTC - Centro de Tecnologia Canavieira S.A.

June 30, 2021

with Independent Auditor's Report

CTC - Centro de Tecnologia Canavieira S.A.
Parent company and consolidated interim financial information
June 30, 2021
Contents
Report on the review of quarterly information.......................................................................................	1
Statements of financial position............................................................................................................	3
Statements of income ..........................................................................................................................	5
Statements of comprehensive income .................................................................................................	6
Statements of changes in shareholders' equity ....................................................................................	7
Statements of cash flows - Indirect method..........................................................................................	8
Statements of value added ..................................................................................................................	9
Notes to the parent company and consolidated interim financial information......................................	10

Edifício Trade Tower

José de Souza Campos, 900

1° e 3° andares - Nova Campinas 13092-123 - Campinas - SP - Brasil

Tel.:

[phone]

Fax:[phone] ey.com.br

REPORT ON THE REVIEW OF QUARTERLY INFORMATION

Shareholders, Board of Directors and Officers of

CTC - Centro de Tecnologia Canavieira S.A.

Fazenda Santo Antonio, s/n° - Bloco 1 Bairro Santo Antonio

Piracicaba - SP

Introduction

We have reviewed the parent company and consolidated interim financial information of CTC - Centro de Tecnologia Canavieira S.A. ("Company"), contained in the Quarterly Information Form for the quarter ended June 30, 2021, which comprise the statement of financial position at June 30, 2021 and related statements of profit or loss, comprehensive income, changes in shareholders' equity and cash flows for the three-month period then ended, including explanatory notes.

The Management is responsible for the preparation of the parent company and consolidated interim financial information in accordance with NBC TG 21 - Interim Financial Reporting and International Standard IAS 34 - Interim Financial Reporting, issued by the International Accounting Standards Board - IASB, as well as for the presentation of this information in a manner consistent with the standards issued by the Brazilian Securities and Exchange Commission, applicable to the preparation of the Quarterly Information (ITR). Our responsibility is to express a conclusion on this parent company and consolidated interim financial information based on our review.

Scope of review

We conducted our review in accordance with the Brazilian and international review standards for interim information (NBC TR 2410 - Review of Interim Financial Information Performed by the Independent Auditor of the Entity and ISRE 2410 - Review of Interim Financial Information Performed by the Independent Auditor of the Entity, respectively). A review of interim information consists of making inquiries, chiefly to the persons in charge of financial and accounting affairs, and in applying analytical procedures and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Brazilian and International Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Therefore, we did not express an audit opinion.

Conclusion

Based on our review, we are not aware of any facts that would lead us to believe that the parent company and consolidated interim financial information included in the quarterly information referred to above was not prepared, in all material respects, in accordance with NBC TG 21 and IAS 34, applicable to the preparation of Quarterly Information (ITR), and presented in a manner consistent with the standards issued by the Brazilian Securities and Exchange Commission (CVM).

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A member firm of Ernst & Young Global Limited

Other matters

Statements of value added

The aforementioned quarterly information includes the parent company and consolidated statements of value added (SVA) for the three-month period ended June 30, 2021, prepared under responsibility of Company's Management, and presented as supplementary information for IAS 34 purposes. These statements have been subject to review procedures performed in conjunction with the review of the quarterly information, in order to determine whether they are reconciled with the parent company and consolidated interim financial information and book records, as applicable, and whether their form and content are in accordance with the criteria defined in Technical Pronouncement NBC TG 09 - Statement of Value Added. Based on our review, we are not aware of any facts that may lead us to believe that those statements of value added have not been prepared, in all material respects, in accordance with the criteria set forth in this Standard and consistently with respect to the parent company and consolidated interim financial information taken as a whole.

Campinas, August 12, 2021.

ERNST & YOUNG

Auditores Independentes S.S.

CRC-2SP034519/O-6

José Antonio de A. Navarrete

Accountant CRC-1SP198698/O-4

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CTC - Centro de Tecnologia Canavieira S.A.

Statements of financial position June 30, 2021 and March 31, 2021 (In thousands of reais)

	Note	Consolidated	Parent Company
Assets	06/30/2021	03/31/2021	06/30/2021	03/31/2021
	168,029		167,155
Cash and cash equivalents	3	213,284	212,116
Financial investments	3	78,401	120,740	78,401	120,740
Accounts receivable	4	97,764	17,805	97,764	17,805
Inventories		6,021	3,936	6,021	3,936
Recoverable taxes		96	101	96	101
Biological asset		914	707	914	707
Current tax assets		2,961	7,331	2,961	7,331
Other accounts receivable	5	5,355	3,669	4,914	3,382
Total current assets		359,541	367,573	358,226	366,118
Financial investments	3	9,074	10,286	9,074	10,286
Accounts receivable	4	9,681	14,313	9,681	14,313
Other accounts receivable	5	17,386	12,032	17,386	12,032
Judicial deposits	15	24,356	1,079	24,356	1,079
Recoverable taxes		720	533	720	533
Deferred tax assets	6	37,597	35,732	37,597	35,732
Total non-current assets		98,814	73,975	98,814	73,975
Investments	7	-	-	5,909	7,024
Property, plant and equipment	8	72,010	72,998	67,342	67,476
Right of use	9	31,914	29,689	29,991	27,289
Intangible assets	10	311,120	305,457	309,366	303,269
Total noncurrent assets		513,858	482,119	511,422	479,033

Total assets

873,399

849,692

869,648

845,151

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