2019 12 31
1-6
7-8
9 - 10
11 - 12
13 - 14
15 - 108
-
( ) (20) P00109
( 2 6 )
-
( )
( ) 42 2019 27,563,239
100
( ) 24
1
2
3
4
-2-
-
( ) (20) P00109
( 3 6 )
-
( )
( ) 9 2019 12 31
9,932,654 ( ) 12.3 ( ) 30.2
1
2
3
4
5
-3-
-
( ) (20) P00109
( 4 6 )
2019
( )
-4-
-
( ) (20) P00109
( 5 6 )
-
(1)
(2)
(3)
(4)
(5) ( )
(6)
( )
-5-
2019 12 31
2018 2018
2019 2019
12 31 12 31
12 31 12 31
( ) ( )
( )1 4,348,588 6,400,190 ( )21 2,009,882 1,122,774
( )2 29,510 46,095 ( )22 691,475 1,451,670
( )3 490,113 517,726 ( )23 321,674 445,533
( )4 26,000 40,569 ( )24 4,205,901 4,627,936
( )5 8,004,157 6,573,100 ( )25 664,228 848,402
( )6 78,948 73,216 ( )26 1,211,713 944,175
( )7 377,808 410,506 ( )27 369,038 616,780
( )8 1,195,253 1,079,332 ( )28 1,049,594 1,197,579
( )9 9,932,654 9,433,876 ( )29 1,066,243 301,814
( )20 - 48 ( )30 355,243 578,184
( )10 659,195 660,806 11,944,991 12,134,847
25,142,226 25,235,464
( )31 927,159 235,819
( )11 170,896 157,600 ( )32 7,965,942 7,649,098
( )12 133,098 108,350 ( )33 406,358
( )13 155,062 91,559 29,021 25,106
3,771 4,094 ( )34 738,854 620,646
( )14 6,939,610 7,263,866 ( )35 176,822 132,351
( )15 788,386 487,204 ( )19 323,304 392,404
( )16 536,034 ( )36 404,824 199,930
( )17 5,835,785 5,741,962 10,972,284 9,255,354
( )18 4,511,193 4,085,945 22,917,275 21,390,201
( )19 826,696 741,737
( )20 246,183 217,282 ( )37 2,446,554 2,446,554
20,146,714 18,899,599 ( )38 12,903,168 13,324,491
45,288,940 44,135,063 ( )39 1,192,681 1,090,827
14,927 13,536
( )40 240,162 240,162
( )41 5,574,173 5,629,292
22,371,665 22,744,862
45,288,940 44,135,063
7 108
-7-
2019 12 31
2019 2018 2019 2018
12 31 12 31 12 31 12 31
( )1 1,423,051 2,058,253 150,000 20,000
( )2 349,109 692,199 90,190 209,700
( )3 11,722 19,917 124,228 182,110
6,055 10,500 6,748 9,983
( )4 14,051 31,748 204,238 25,758
97,861 147,975 3,614 55,198
19,117 1,343 237,266 187,762
1,920,966 2,961,935 454 72,000
816,738 762,511
( )5 16,371,411 15,939,826
85,495 80,119 141,960 -
3,771 4,094 21 -
777,476 1,012,674 96,826 100,144
504,936 188,020 43,238 16,454
486 171,770 171,770
170,053 174,997 453,815 288,368
84,950 48,103 1,270,553 1,050,879
73,668 54,060
18,072,246 17,501,893 ( )37 2,446,554 2,446,554
19,993,212 20,463,828 15,449,878 15,414,429
41,308 43,167
12,973 11,564
( )40 240,162 240,162
531,784 1,257,073
18,722,659 19,412,949
19,993,212 20,463,828
-8-
2019 12 31
( )
( )42 27,563,239 26,867,308
( )42 18,679,512 18,043,111
( )43 84,403 110,512
( )44 4,873,256 4,701,936
( )45 1,562,317 998,133
( )46 436,325 442,253
( )47 1,665,885 570,392
694,350 570,464
81,190 81,578
( )48 (231,205) 628,257
19,861 7,001
( ) ( )49 825,512 (979,334)
( )50 (39,405) (59,409)
( )51 (413,816) (237,284)
( )52 127,073 1,966,155
529,700 3,319,356
25,726 16,741
( )53 103,854 36,960
451,572 3,299,137
( )54 174,531 851,261
277,041 2,447,876
( )
277,041 2,447,876
( )
277,041 2,447,876
( )39 106,365 1,194,875
106,365 1,194,875
( ) (48,181) 26,757
1. (50,771) 26,757
2. 2,590 -
( ) 154,546 1,168,118
1. (138,917) 354,335
2. 293,463 813,783
383,406 3,642,751
( )2
0.11 1.00
38,027
46,811 ( ) 2
-9-
2019 12 31
( )6 1,405,709 3,112,153
( )6 1,024,665 2,048,073
11,992 29,965
58,172 179,097
632,515 205,669
53,447 121,307
(13,211) (46,324)
3,941 8,375
26,114 25,827
2,583 1,808
(2,018) (116,171)
(147,421) (75,080)
(508,727) 384,923
6,726 1,872
28,739 1,847
(530,740) 384,948
(42,767) 61,552
(487,973) 323,396
( ) (487,973) 323,396
(1,859) (7,454)
( ) (1,859) (7,454)
1. 62 (7,454)
2. (1,921) -
(489,832) 315,942
- 10 -
2019 12 31
( )
24,860,829 24,538,058
88,042 41,766
( )56(1) 664,837 736,834
25,613,708 25,316,658
17,877,786 16,266,684
3,408,818 3,272,940
683,477 656,195
( )56(2) 2,800,140 2,821,686
24,770,221 23,017,505
( )57(1) 843,487 2,299,153
63,685 11,500
8,424 8,354
186,607 2,452,866
( )56(3) 5,208 410
263,924 2,473,130
1,760,000 3,378,010
60,500 6,566
( )57(2) 1,121,947 13,344
- 14
2,942,447 3,397,934
(2,678,523) (924,804)
3,032,134 912,246
( )56(4) 179,911 -
3,212,045 912,246
1,486,586 3,280,749
1,000,773 749,154
43,043 28,703
( )56(5) 936,712 58,003
3,424,071 4,087,906
(212,026) (3,175,660)
20,773 168,005
( )57(1) (2,026,289) (1,633,306)
6,346,196 7,979,502
( )57(3) 4,319,907 6,346,196
- 11 -
2019 12 31
1,634,256 2,625,527
54,483 12,981
( )7(1) 33,582 31,675
1,722,321 2,670,183
1,043,318 1,145,495
213,846 184,110
78,567 94,110
( )7(2) 164,778 172,885
1,500,509 1,596,600
( )8 221,812 1,073,583
4,391 -
4,391 -
400,366 133,531
415,000 -
815,366 133,531
(810,975) (133,531)
292,000 20,000
( )7(3) 39,886 -
331,886 20,000
92,000 196,590
243,733 162,613
( )7(4) 14,469 449,975
350,202 809,178
(18,316) (789,178)
(1,840) (9,564)
( ) (609,319) 141,310
( )8 2,005,313 1,864,003
( )8 1,395,994 2,005,313
- 12 -
2019 12 31
2019
2018 12 31 2,446,554 12,975,456 1,090,952 13,536 240,162 5,513,466 22,280,126
* - 349,035 (125) - - 115,826 464,736
2019 1 1 ( ) 2,446,554 13,324,491 1,090,827 13,536 240,162 5,629,292 22,744,862
- (421,323) 101,854 1,391 - (55,119) (373,197)
( ) - - 106,365 - - 277,041 383,406
( ) - (421,323) - - - - (421,323)
1. - (415,000) - - - - (415,000)
2. (6,323) - - - - (6,323)
( ) - - - - - (336,671) (336,671)
1. - - - - - (293,628) (293,628)
2.
- - - - - (43,043) (43,043)
( ) - - (4,511) - - 4,511 -
1. - - (4,511) - - 4,511 -
( ) - - - 1,391 - - 1,391
1. - - - 19,675 - - 19,675
2. - - - (18,284) - - (18,284)
2019 12 31 2,446,554 12,903,168 1,192,681 14,927 240,162 5,574,173 22,371,665
2018
2017 12 31 2,446,554 12,982,277 (154,701) 9,349 207,823 3,286,711 18,778,013
- - 50,621 - - 39,481 90,102
* - 349,035 32 - - 55,045 404,112
2018 1 1 2,446,554 13,331,312 (104,048) 9,349 207,823 3,381,237 19,272,227
- (6,821) 1,194,875 4,187 32,339 2,248,055 3,472,635
( ) - - 1,194,875 - - 2,447,876 3,642,751
( ) - (6,821) - - - - (6,821)
1. - (6,821) - - - - (6,821)
( ) - - - - 32,339 (199,821) (167,482)
1. - - - - 32,339 (32,339) -
2. - - - - - (154,133) (154,133)
3.
- - - - - (28,715) (28,715)
4. - - - - - 15,366 15,366
( ) - - - 4,187 - - 4,187
1. - - - 22,200 - - 22,200
2. - - - (18,013) - - (18,013)
2018 12 31 2,446,554 13,324,491 1,090,827 13,536 240,162 5,629,292 22,744,862
* ( ) 2
- 13 -
2019 12 31
2019
2018 12 31 2,446,554 15,414,429 43,167 11,564 240,162 1,257,073 19,412,949
- 35,449 (1,859) 1,409 - (725,289) (690,290)
( ) - - (1,859) - - (487,973) (489,832)
( ) - 35,449 - - - - 35,449
1. - 35,449 - - - - 35,449
( ) - - - - - (237,316) (237,316)
1. - - - - - (237,316) (237,316)
( ) - - - 1,409 - - 1,409
1. - - - 10,924 - - 10,924
2. - - - (9,515) - - (9,515)
2019 12 31 2,446,554 15,449,878 41,308 12,973 240,162 531,784 18,722,659
2018
2017 12 31 2,446,554 15,423,034 - 10,040 207,823 1,110,649 19,198,100
- - 50,621 - - 9,500 60,121
2018 1 1 2,446,554 15,423,034 50,621 10,040 207,823 1,120,149 19,258,221
- (8,605) (7,454) 1,524 32,339 136,924 154,728
( ) - - (7,454) - - 323,396 315,942
( ) - (8,605) - - - - (8,605)
1. - (8,605) - - - - (8,605)
( ) - - - - 32,339 (186,472) (154,133)
1. - - - - 32,339 (32,339) -
2. - - - - - (154,133) (154,133)
( ) - - - 1,524 - - 1,524
1. - - - 10,430 - - 10,430
2. - - - (8,906) - - (8,906)
2018 12 31 2,446,554 15,414,429 43,167 11,564 240,162 1,257,073 19,412,949
- 14 -
2019 12 31
( )
( ADAMA )
2017 7 ( :
) Adama Agricultural Solutions Ltd.( Solutions )
Solutions
( )
( )
( )
2020 4 27
( )
( )
( )
15 (2014 )
- 15 -
2019 12 31
( ) -
2019 12 31 12
( )
1
2019 12 31
2019 1 1 12 31
2
1 1 12 31
3
12
4
5
5.1
( )
2019 3 ( )
2019
3 29 100% ( ) 2
- 16 -
2019 12 31
( ) -
5 -
5.2
6
( )
( )
- 17 -
2019 12 31
( ) -
6 -
/
,
7
8
9
9.1
(1)
(2)
(3)
( )
- 18 -
2019 12 31
( ) -
9 -
9.2
10
10.1
( )
- 19 -
2019 12 31
( ) -
10 -
10.1 -
-
-
(
)
- 20 -
2019 12 31
( ) -
10 -
10.2
12
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(1)
(2)
(3)
(4)
- 21 -
2019 12 31
( ) -
10 -
10.2 -
10.3
(1) (2)
(3)
- 22 -
2019 12 31
( ) -
10 -
10.4
10.5
( )
( )
10.6
( 28.1)
10.7
10.8
- 23 -
2019 12 31
( ) -
11
/
0%-1.4%
12
12.1
12.2
12.3
12.4
- 24 -
2019 12 31
( ) -
13
13.1
13.2
- 25 -
2019 12 31
( ) -
13 -
13.3
13.4
( ) 20.
13.5
14
15
15.1
- 26 -
2019 12 31
( ) -
15 -
15.2
( ) (%) (%)
15-50 0-4 1.9-6.7
3-22 0-4 4.4-33.3
3-17 0-4 5.6-33.3
5-9 0-2 10.9-20.0
15.3
( ) 20.
16
( ) 20.
17
3
- 27 -
2019 12 31
( ) -
18
18.1
( )
49-50
8
7-11,20
4-10,30
3-5
5-10
( ) 20.
18.2
(1)
(2)
(3)
(4)
(5)
19
( ) 20.
- 28 -
2019 12 31
( ) -
20
21
21.1
21.2
- 29 -
2019 12 31
( ) -
21 -
21.3
21.4
22
23
- 30 -
2019 12 31
( ) -
23 -
24
( )
(
)
25
25.1
- 31 -
2019 12 31
( ) -
25 -
25.2
26
26.1
( )
( )
26.2
( )
- 32 -
2019 12 31
( ) -
26 -
26.2 -
26.3
27
27.1
(1)
(2)
12
27.2
(
( ) 27.4 )
- 33 -
2019 12 31
( ) -
27 -
27.2 -
27.3
27.4
27.5
8
- 34 -
2019 12 31
( ) -
28
28.1
(1)
(2)
(3)
- 35 -
2019 12 31
( ) -
28 -
28.2
( ) 5.
28.3
28.4
- 36 -
2019 12 31
( ) -
29
29.1
2019 1 1 ( ) 2018
21 ( )
( ) 27.
2019 4 28
13
2019 1 1 506,863
506,863
1.9%-6.1%
2019 2019 4 30
2019 ( 2019 6 6
) 6
2019 8 21
6
- 37 -
2019 12 31
( ) -
29 -
29.1 -
2019 1 1
2018 12 31 2019 1 1
7,263,866 (6,917) 7,256,949
513,780 513,780
18,899,599 506,863 19,406,462
44,135,063 506,863 44,641,926
301,814 120,584 422,398
1,197,579 (4,327) 1,193,252
12,134,847 116,257 12,251,104
390,606 390,606
9,255,354 390,606 9,645,960
21,390,201 506,863 21,897,064
29.2
30
( ) 34 ( ) ( ) ( )
30.1
( ) 11
12
- 38 -
2019 12 31
( ) -
30 -
30.2
( ) 12
30.3
( ) 20
( ) ( )
( )
( )
30.4
( ) 15 18
30.5
- 39 -
2019 12 31
( ) -
30 -
30.6
/ /
( )
30.7
30.8
- 40 -
2019 12 31
( )
1
25%(2018 25%)
2019 1 1 12 31 :
ADAMA Agricultural Solutions Ltd. 23.0%
ADAMA Makhteshim Ltd. 7.5%
ADAMA Agan Ltd. 16.0%
ADAMA Brasil S.A. 34.0%
Makhteshim Agan of North America Inc. 24.7%
ADAMA India Private Ltd. 25.2%
ADAMA Deutschland GmbH 32.5%
Control Solutions Inc. 24.0%
ADAMA Australia Pty Ltd. 30.0%
ADAMA France S.A.S 31.0%
ADAMA Northern Europe B.V. 25.0%
ADAMA Italia S.R.L. 27.9%
Alligare Inc. 26.5%
2.5% - 27%
2
(1)
2017 2019 15%
2018 2020 15%
(2)
(1959 )
2010 12 29 2011-2012 (Economic Policy Law)
(1959 ) ( ) 2011 1 1
( ) 2011
- 41 -
2019 12 31
( ) -
2 -
(2) -
A
2017
A 7.5% 6%
2016 12 21 (2016) ( 2017 2018
) ( )
12% A
7.5% 6%
2017 1 1
2017 5 16 (2017) (
)( )
Solutions
(3)1969 ( )
1969 ( ) Solutions Solutions
( 2017 Solutions
Adama Makhteshim Adama Agan ) 8
- 42 -
2019 12 31
( )
1
2018 12 31
2019 12 31
( )
6,265 1,380
4,313,642 6,344,816
28,681 53,994
4,348,588 6,400,190
2,443,065 3,873,638
2019 12 31 28,681 (2018 12 31 53,994 )
2
2018 12 31
2019 12 31
( )
15,788 22,108
13,722 23,987
29,510 46,095
3
2018 12 31
2019 12 31
( )
- 436,201 389,068
- 53,912 128,658
490,113 517,726
4
(1)
2018 12 31
2019 12 31
( )
13,757 31,935
12,243 8,634
26,000 40,569
- 43 -
2019 12 31
( ) -
5
(1)
2019 12 31 2018 12 31 ( )
(%) (%) (%) (%)
534,532 6 299,267 56 235,265 458,217 7 335,873 73 122,344
7,868,077 94 99,185 1 7,768,892 6,548,131 93 97,375 1 6,450,756
8,402,609 100 398,452 5 8,004,157 7,006,348 100 433,248 6 6,573,100
2019 12 31
1 ( 1 ) 7,967,217
1 2 170,380
2 3 74,199
3 4 31,407
4 5 25,386
5 134,020
8,402,609
2019 12 31
(%)
A 1,470,749 6,717 0.05 - 0.97
B 607,056 9,740 1.60
C 290,753 15,963 5.49
D 52,875 2,022 3.83
2,421,433 34,442 1.42
2019 12 31
(%)
535,591 4,759 0.9
60 100,537 3,016 3.0
60 180 26,341 2,634 10.0
180 14,697 5,879 40.0
39,748 39,748 100.0
716,914 56,036 7.8
- 44 -
2019 12 31
( ) -
5 -
(1) -
2019 12 31
(%)
4,729,730 8,707 0.0 - 2.2
(2)
( ) ( )
52,575 380,673 433,248
- 26,446 26,446
- 68,303 68,303
(5,384) (23,596) (28,980)
- (95,495) (95,495)
717 (5,787) (5,070)
47,908 350,544 398,452
(3)
(%)
A 152,779 2 -
B 98,818 1 -
C 94,011 1 -
D 79,808 1 -
E 54,624 1 -
480,040 6 -
(4)
A. Solutions Rabobank International
( )
Solutions
( ) Solutions
Rabobank International Group Nieuw Amsterdam Receivables Corporation
- 45 -
2019 12 31
( ) -
5 -
(4) -
2020 7 16
Solutions 3 6
3.5 ( 2019 12 31 24.42 ) 7 9
3 ( 2019 12 31 20.93 ) 10 2
2.5 ( 2019 12 31 17.44 )
Solutions
Solutions Solutions
Solutions
95% Solutions
Solutions
Solutions
Solutions
2019 12 31 Solutions
B. 2019 Solutions ( ADAMA Brazil ) Rabobank Brazil
ADAMA Brazil
( ) 5% ADAMA Brazil
3 ( 2019 12 31 5.20
)
- 46 -
2019 12 31
( ) -
5 -
(4) -
95% 5%
ADAMA Brazil ADAMA Brazil
ADAMA Brazil
ADAMA Brazil Solutions
ADAMA Brazil (
5% )
2018 12 31
2019 12 31
( )
2,994,917 2,541,443
134,243 129,893
808,807 622,362
26,370 35,572
( )
91,006 79,060
6
2018 12 31
2019 12 31
( )
78,948 73,216
78,948 73,216
2019 12 31 409,660
- 47 -
2019 12 31
( ) -
7
(1)
2019 12 31 2018 12 31 ( )
(%) (%)
1 370,607 98 401,674 98
1 2 3,691 1 3,810 1
2 3 621 - 1,840 -
3 2,889 1 3,182 1
377,808 100 410,506 100
(2)
2019 12 31 (%)
142,017 38
8
2018 12 31
2019 12 31
( )
- 5,245
1,195,253 1,074,087
1,195,253 1,079,332
8.1
(1)
2018 12 31
2019 12 31
( )
134,243 129,893
808,807 622,362
5,107 98,837
28,762 28,551
233,238 214,512
1,210,157 1,094,155
(14,904) (14,823)
1,195,253 1,079,332
- 48 -
2019 12 31
( ) -
8 -
8.1 -
(1) -
2019 12 31
1 ( 1 ) 1,178,555
1 2 3,457
2 3 3,103
3 4 2,830
4 5 15,640
5 6,572
1,210,157
(2)
14,823
532
(450)
(1)
14,904
(3)
2019
12 31
(%)
A 808,807 67 -
B 38,209 3 -
C 25,289 2 -
D 22,987 2 -
E 15,437 1 -
910,729 75 -
- 49 -
2019 12 31
( ) -
9
(1)
2019 12 31 2018 12 31 ( )
3,100,027 22,344 3,077,683 3,321,193 20,232 3,300,961
633,731 5,351 628,380 577,964 1,576 576,388
6,131,386 184,900 5,946,486 5,452,653 158,053 5,294,600
288,794 8,689 280,105 272,441 10,514 261,927
10,153,938 221,284 9,932,654 9,624,251 190,375 9,433,876
(2)
2019 1 1 2019 12 31
20,232 10,137 (6,690) (1,335) 22,344
1,576 1,514 (331) 2,592 5,351
158,053 84,610 (69,601) 11,838 184,900
10,514 1,373 (2,713) (485) 8,689
190,375 97,634 (79,335) 12,610 221,284
10,377
10
2018 12 31
2019 12 31
( )
459,209 476,706
170,505 142,412
29,481 41,688
659,195 660,806
11
2018 12 31
2019 12 31
( )
170,896 157,600
170,896 157,600
- 50 -
2019 12 31
( ) -
12
(1)
2018 12 31
2019 12 31
( )
92,695 68,584
40,403 39,766
133,098 108,350
(2)
2019 2019
1 1 12 31
( )
A 62,696 - 8,423 (355) 5,160 75,924 -
B 4,598 - 756 87 - - 5,441 -
C 1,290 - - (244) - - 1,046 -
D - - 10,698 (185) (661) 432 10,284 -
68,584 - 19,877 (697) (661) 5,592 92,695 -
E 39,766 - (16) 653 - - 40,403 -
39,766 - (16) 653 - - 40,403 -
108,350 - 19,861 (44) (661) 5,592 133,098 -
13
2018 12 31
2019 12 31
( )
85,495 79,554
Agricover 67,781 -
Targetgene Biotechnologies Ltd 1,786 1,709
- 564
Energin.R Technologies 2009 Ltd. - 9,574
- 158
155,062 91,559
2019 12 31
- 51 -
2019 12 31
( ) -
14
( 1)
1.2019 1 1 3,233,536 13,687,403 101,078 321,424 17,343,441
2. 105,634 536,551 26,628 45,710 714,523
(1) ( 2) (9,855) (1,221) - - (11,076)
(2) 40,243 195,315 26,628 44,207 306,393
(3) 75,246 342,457 - 1,503 419,206
3. 79,418 24,242 10,589 10,138 124,387
(1) 79,418 24,242 10,589 10,138 124,387
4. 29,575 144,799 1,355 4,863 180,592
5. 88,206 39,231 1,428 3,939 132,804
6.2019 12 31 3,377,533 14,383,742 119,900 365,798 18,246,973
1.2019 1 1 1,478,842 7,959,325 51,531 242,697 9,732,395
2. 148,142 634,700 16,952 36,111 835,905
(1) ( 2) (3,198) (961) - - (4,159)
(2) 151,340 635,661 16,952 36,111 840,064
3. 16,589 28,048 9,100 10,000 63,737
(1) 16,589 28,048 9,100 10,000 63,737
4. 16,231 94,799 301 3,822 115,153
5. 40,582 29,300 995 3,480 74,357
6.2019 12 31 1,667,208 8,690,076 60,679 276,110 10,694,073
1.2019 1 1 68,702 278,223 8 247 347,180
2. 147,704 137,266 725 - 285,695
(1) ( 3) 147,704 137,266 725 - 285,695
3. 20,307 753 - - 21,060
(1) 20,307 753 - - 21,060
4. 196 1,275 - 4 1,475
5.2019 12 31 196,295 416,011 733 251 613,290
1.2019 12 31 1,514,030 5,277,655 58,488 89,437 6,939,610
2.2019 1 1 1,685,992 5,449,855 49,539 78,480 7,263,866
1 2019 12 31
2 ( ) 29.1
3 ( ) 2
- 52 -
2019 12 31
( ) -
15
(1)
2019 12 31 2018 12 31 ( )
( 1)
814,126 (25,740) 788,386 493,181 (5,977) 487,204
(2)
2019 2019
1 1 12 31
(%) (%)
A 1,509,420 120,412 256,584 - - - 376,996 25 25
B 505,643 1,220 11,844 - - - 13,064 3 3
C 172,055 58,177 15,559 (29,563) - (25,740) 18,433 43 43
D 80,924 42,476 1,876 - 721 - 45,073 56 56
E 32,000 16,593 15,319 - - - 31,912 100 100
F 44,760 13,818 6,181 - - - 19,999 45 45
G 138,000 - 8,256 - - - 8,256 6 6
H 34,374 31,358 1,085 (32,614) 171 - - 94 100
I 75,622 2,457 43,910 (47,131) 764 - - 62 62
1 ( ) 2
16
1.2019 1 1 ( 1) 353,708 43,058 118,378 2,795 517,939
2. 103,893 3,526 74,371 518 182,308
(1) 103,893 3,526 74,371 518 182,308
3. 6,002 618 16,759 176 23,555
(1) 6,002 618 16,759 176 23,555
4. 5,384 748 2,412 50 8,594
5.2019 12 31 456,983 46,714 178,402 3,187 685,286
1.2019 1 1 ( 1) 3,198 961 - - 4,159
2. 77,181 7,117 74,952 1,139 160,389
(1) 77,181 7,117 74,952 1,139 160,389
3. 4,012 351 12,446 155 16,964
(1) 4,012 351 12,446 155 16,964
4. 829 93 732 14 1,668
5.2019 12 31 77,196 7,820 63,238 998 149,252
1.2019 12 31 379,787 38,894 115,164 2,189 536,034
2.2019 1 1 350,510 42,097 118,378 2,795 513,780
1 ( ) 29.1
- 53 -
2019 12 31
( ) -
17
( 1) ( 2)
1.2019 1 1 9,721,455 4,121,559 648,478 460,640 192,177 346,967 307,692 15,798,968
2. 589,690 - 99,345 1,014 - 441 13,607 704,097
(1) 589,690 - 99,345 1,014 - 441 13,607 704,097
3. 172 - 2,034 297 - 3,134 - 5,637
(1) 172 - 2,034 297 - 3,134 - 5,637
4. 177,548 67,858 11,199 11,908 6,624 643 4,816 280,596
5. 280,625 - 4,248 270,469 200,392 - - 755,734
6.2019 12 31 10,769,146 4,189,417 761,236 743,734 399,193 344,917 326,115 17,533,758
1.2019 1 1 6,864,532 1,863,482 439,696 406,082 159,323 58,211 125,596 9,916,922
2. 784,036 379,821 63,442 28,559 33,956 7,820 37,077 1,334,711
(1) 784,036 379,821 63,442 28,559 33,956 7,820 37,077 1,334,711
3. - - 2,028 241 - 1,055 - 3,324
(1) - - 2,028 241 - 1,055 - 3,324
4. 122,221 35,068 7,670 7,013 3,179 295 2,171 177,617
5. 102,397 - 4,248 174 - - - 106,819
6.2019 12 31 7,873,186 2,278,371 513,028 441,587 196,458 65,271 164,844 11,532,745
1.2019 1 1 84,026 51,337 - - - - 4,721 140,084
2. 22,407 - - - - - 445 22,852
(1) 22,407 - - - - - 445 22,852
3. - - - - - - - -
(1) - - - - - - - -
4. 1,642 845 - - - - (195) 2,292
5.2019 12 31 108,075 52,182 - - - - 4,971 165,228
1.2019 12 31 2,787,885 1,858,864 248,208 302,147 202,735 279,646 156,300 5,835,785
2.2019 1 1 2,772,897 2,206,740 208,782 54,558 32,854 288,756 177,375 5,741,962
1
2
18
(1)
2019 1 1 2019 12 31
4,085,945 355,715 69,533 4,511,193
- - - -
4,085,945 355,715 69,533 4,511,193
(2)
( )
- 54 -
2019 12 31
( ) -
18 -
(2) -
2019 12 31
19 /
(1)
2019 12 31 2018 12 31 ( )
611,496 136,594 576,498 82,516
1,552,766 413,713 1,651,046 442,237
973,434 135,422 660,472 101,026
1,606,933 387,109 1,236,811 340,984
4,744,629 1,072,838 4,124,827 966,763
(2)
2019 12 31 2018 12 31 ( )
3,551,402 569,446 3,886,541 617,430
3,551,402 569,446 3,886,541 617,430
(3)
2019 12 31 2018 12 31 ( )
246,142 826,696 225,026 741,737
246,142 323,304 225,026 392,404
(4)
2018 12 31
2019 12 31
( )
515,589 82,886
142,042 162,186
657,631 245,072
- 55 -
2019 12 31
( ) -
19 / -
(5)
2018 12 31
2019 12 31
( )
2020 16,171 15,909
2021 13,031 13,537
2022 1,402 1,380
2023 27,767 27,739
2023 83,671 103,621
142,042 162,186
(6)
20
2018 12 31
2019 12 31
( )
38,648 62,395
58,689 55,282
56,347 51,906
9,216 11,880
- 48
83,283 35,819
246,183 217,330
- (48)
246,183 217,282
21
2018 12 31
2019 12 31
( )
( ) 414,000 570,000
1,595,882 552,774
2,009,882 1,122,774
( ) 5(3)
- 56 -
2019 12 31
( ) -
22
2018 12 31
2019 12 31
( )
- 603,009 1,430,497
- 88,466 21,173
691,475 1,451,670
23
2018 12 31
2019 12 31
( )
224,878 235,833
96,796 209,700
321,674 445,533
2019 12 31
24
2018 12 31
2019 12 31
( )
1 4,172,996 4,587,719
1 2 10,458 12,545
2 3 2,881 16,749
3 19,566 10,923
4,205,901 4,627,936
2019 12 31
25
2018 12 31
2019 12 31
( )
522,614 525,982
141,614 322,420
664,228 848,402
- 57 -
2019 12 31
( ) -
26
2018 12 31
2019 12 31
( )
656,272 608,839
( 1) 224,035 18,050
304,366 277,191
1,184,673 904,080
27,040 40,095
1,211,713 944,175
1 ( ) 2
27
2018 12 31
2019 12 31
( )
157,548 407,457
180,818 186,939
30,672 22,384
369,038 616,780
28
2018 12 31
2019 12 31
( )
( ( ) 41) 750 750
1,048,844 1,196,829
1,049,594 1,197,579
(1)
2018 12 31
2019 12 31
( )
613,183 640,507
26,370 35,572
130,329 131,396
1,137 44,336
277,825 345,018
1,048,844 1,196,829
2019 12 31
- 58 -
2019 12 31
( ) -
29
2018 12 31
2019 12 31
( )
420,086 301,629
148,287
497,870 -
- 185
1,066,243 301,814
30
2018 12 31
2019 12 31
( )
148,886 404,463
191,065 149,686
14,901 23,644
391 391
355,243 578,184
31
2018 12 31
2019 12 31
( )
( 1) 2,860 2.4%-2.7% 741 5.5%
( 2) - - 72,000 4.5%
1,344,385 1.5%-6.2% 464,707 5.1%-6.1%
1,347,245 537,448
(420,086) (301,629)
927,159 235,819
( ) 2
1 2019 12 31 900 (2018
12 31 5,926 )
2 ( ) 5(3)
- 59 -
2019 12 31
( ) -
32
(1)
2018 12 31
2019 12 31
( )
B 8,463,812 7,649,098
(497,870) -
7,965,942 7,649,098
(2)
2019 12 31
1 497,870
2 497,870
3 497,870
4 497,870
6,472,332
8,463,812
(3) ( )
2019 CPI 2019
( ) ( ) 1 1 12 31
2020 11 -
B 2,673,640 1,650,000 2006-12-04 3,043,742 3,471,674 - 242 304,289 63,084 - 3,839,289
2036 11
2020 11 -
B 843,846 513,527 2012-01-16 842,579 1,018,314 - 10,491 89,825 18,616 - 1,137,246
2036 11
2020 11 -
B 995,516 600,000 2013-01-07 1,120,339 1,277,399 - 4,638 112,108 23,238 - 1,417,383
2036 11
2020 11 -
B 832,778 533,330 2015-02-01 1,047,439 1,210,195 - (2,913) 106,229 21,950 - 1,335,461
2036 11
2020 11 -
B 418,172 266,665 2015 1-6 556,941 671,516 - (8,103) 58,911 12,109 - 734,433
2036 11
7,649,098 - 4,355 671,362 138,997 - 8,463,812
Solutions CPI B 3,563,522
5.15% 2020 2036 17
33
2019 12 31
554,645 1.9% - 6.1%
(148,287)
406,358
( ) 29.1
- 60 -
2019 12 31
( ) -
34
2018 12 31
2019 12 31
( )
- 651,803 533,574
(104,448) (87,492)
- 547,355 446,082
- 70,128 104,781
617,483 550,863
( ( )) 94,104 61,961
54,307 47,917
765,894 660,741
27,040 40,095
738,854 620,646
(1)
2019 1 1 638,355 703,679 87,492 97,614 550,863 606,065
1 24,910 30,808 - 46 24,910 30,762
2 - 4,840 - - - 4,840
3 22,608 20,770 3,614 3,286 18,994 17,484
4 38,499 (39,965) 7,110 (7,161) 31,389 (32,804)
5 / (4,125) (3,490) - - (4,125) (3,490)
1 / 65,239 (34,820) 7,945 (4,827) 57,294 (29,993)
2 9,348 27,767 1,493 4,068 7,855 23,699
1 (72,903) (71,234) (9,372) (11,307) (63,531) (59,927)
2 - - 6,166 5,773 (6,166) (5,773)
2019 12 31 721,931 638,355 104,448 87,492 617,483 550,863
(2)
2018 12 31
2019 12 31
( )
( 1) 0.4%-3.3% 1.4%-3.5%
1
- 61 -
2019 12 31
( ) -
34 -
(2) -
2019 12 31
1% 1%
(54,016) 66,696
35
2018 12 31
2019 12 31
( )
90,051 92,542
84,211 36,515
2,560 3,294
176,822 132,351
36
2018 12 31
2019 12 31
( )
207,472 -
25,582 14
- 28,146
( ( ) 5(5)) 171,770 171,770
404,824 199,930
- 62 -
2019 12 31
( ) -
37
2019 1 1 2019 12 31
2,446,554 - - - 2,446,554
38
2019 1 1 ( 1) 2019 12 31
12,965,177 - (415,000) 12,550,177
359,314 - (6,323) 352,991
13,324,491 - (421,323) 12,903,168
1 ( )
39
2019 2019
1 1 12 31
66,516 (47,264) - 917 (48,181) 4,511 13,824
15,895 (57,294) - (6,523) (50,771) - (34,876)
50,621 10,030 - 7,440 2,590 4,511 48,700
1,024,311 313,639 177,752 (18,659) 154,546 - 1,178,857
93,385 20,176 177,752 (18,659) (138,917) - (45,532)
930,926 293,463 - - 293,463 - 1,224,389
1,090,827 266,375 177,752 (17,742) 106,365 4,511 1,192,681
40
2019 1 1 2019 12 31
236,348 - - 236,348
3,814 - - 3,814
240,162 - - 240,162
- 63 -
2019 12 31
( ) -
41
5,513,466 3,286,711
- 39,481
( 1) 115,826 55,045
5,629,292 3,381,237
277,041 2,447,876
4,511 -
- 15,366
- 32,339
43,043 28,715
( 2) 293,628 154,133
5,574,173 5,629,292
1 ( )
( )
2 2019 3 19 2019 2 28
10 0.97 ( )
237,316 0 ( ) 2019 5
30 2019 2019
2020 4 27 10
0.12 ( ) 29,359 0 ( )
2019 5 31
56,312 0 ( )
42
( )
27,486,019 18,609,841 26,792,123 18,005,437
77,220 69,671 75,185 37,674
27,563,239 18,679,512 26,867,308 18,043,111
- 64 -
2019 12 31
( ) -
43
( )
21,166 49,101
63,237 61,411
84,403 110,512
44
( )
1,557,483 1,480,430
1,405,411 1,200,375
708,217 767,571
331,763 326,707
153,501 144,154
147,524 132,629
121,406 108,600
87,048 76,084
83,307 75,095
277,596 390,291
4,873,256 4,701,936
45
( )
752,816 467,864
( ) 342,044 74,141
131,593 137,532
96,137 68,452
IT 87,635 69,632
54,903 76,526
97,189 103,986
1,562,317 998,133
( )
- 65 -
2019 12 31
( ) -
46
( )
185,356 168,405
60,787 53,663
67,779 54,435
37,727 28,953
27,244 77,755
8,108 7,708
49,324 51,334
436,325 442,253
47
( )
707,098 619,134
CPI ( ) 23,418 85,533
91,006 79,060
38,681 17,484
( ) (7,605) 49,654
(81,190) (81,580)
( ) 859,403 (203,422)
35,074 4,529
1,665,885 570,392
48
( )
(253,799) 619,447
19,861 7,001
2,733 1,809
(231,205) 628,257
- 66 -
2019 12 31
( ) -
49
( )
/ 828,527 (974,413)
(3,015) (4,921)
825,512 (979,334)
50
( )
(39,323) (51,154)
(82) (8,255)
(39,405) (59,409)
51
( )
(76,375) (80,698)
(285,695) (134,091)
(19,763) -
(22,852) (17,777)
(9,131) (4,718)
(413,816) (237,284)
52
( )
( ) 127,443 (67,059) 127,443
(370) 2,033,214 (370)
127,073 1,966,155 127,073
- 67 -
2019 12 31
( ) -
53
( )
13,364 12,474 13,364
90,490 24,486 79,093
103,854 36,960 92,457
54
(1)
( )
363,279 530,037
(138,294) 235,645
(50,454) 85,579
174,531 851,261
(2)
( )
451,572 3,299,137
25% 112,893 824,784
(6,928) (83,538)
(6,795) 10,747
37,323 107,435
(6,720) (58,723)
116,370 31,034
(50,454) 85,579
16,820 (72,198)
(6,023) (2,911)
(33,631) (5,662)
1,676 14,714
174,531 851,261
55
( ) 39
- 68 -
2019 12 31
( ) -
56
(1)
( )
260,557 471,597
74,615 140,559
61,207 62,632
5,899 3,665
262,559 58,381
664,837 736,834
(2)
( )
753,643 759,084
295,944 300,452
264,241 267,799
186,694 144,840
180,303 157,704
IT 179,730 163,834
118,269 162,681
99,543 78,846
54,030 128,503
667,743 657,943
2,800,140 2,821,686
(3)
( )
5,208 -
- 410
5,208 410
(4)
( )
140,025 -
39,886 -
179,911 -
- 69 -
2019 12 31
( ) -
56 -
(5)
( )
415,000 -
325,474 -
146,610 -
35,625 -
14,003 48,340
- 9,663
936,712 58,003
57
(1)
( )
1
277,041 2,447,876
413,816 237,284
39,405 59,409
841,041 816,364
160,389 -
1,334,711 1,235,178
(127,073) (1,966,155)
(825,512) 979,334
1,325,875 47,879
( ) (51,370) (628,257)
( ) (130,959) 109,945
( ) (7,335) 125,700
( ) (236,687) (1,579,698)
( ) (1,080,276) (557,665)
( ) (1,119,479) 971,494
29,900 465
843,487 2,299,153
2
4,319,907 6,346,196
6,346,196 7,979,502
(2,026,289) (1,633,306)
- 70 -
2019 12 31
( ) -
57 -
(2)
1,126,557
4,610
1,121,947
(3)
2018 12 31
2019 12 31
( )
6,265 1,380
4,313,642 6,344,816
4,319,907 6,346,196
58
2019 12 31
28,681
900
107,613
137,194
- 71 -
2019 12 31
( ) -
59 -
(1)
2019 12 31
55,223 6.9762 385,246
29,929 7.8288 234,310
96,267 2.0186 194,322
55,458 1.8370 101,873
10,897 5.3564 58,370
35,454 1.7308 61,363
59,508 0.4960 29,516
228,415
1,293,415
698,855 1.7308 1,209,554
77,196 7.8288 604,348
44,169 6.9762 308,132
129,196 1.6373 211,532
1,453,298 0.1127 163,773
25,846 5.3564 138,443
130,061 1.1744 152,744
269,016 0.4960 133,434
355,117
3,277,077
- 72 -
2019 12 31
( ) -
59 -
(1) -
2019 12 31
68,331 7.8288 534,949
9,111 9.2046 83,861
39,844 2.0186 80,429
19,682 1.7308 34,065
110,231
843,535
66,034 2.0186 133,294
59,247 1.7308 102,543
9,123 7.8288 71,422
118,242 0.2945 34,825
39,715
381,799
98,740 1.7308 170,896
170,896
56,216 1.7308 97,297
4,089
101,386
256,000 0.2945 75,399
52,220 1.1744 61,328
3,386 7.8288 26,510
17,252
180,489
- 73 -
2019 12 31
( ) -
59 -
(1) -
2019 12 31
387,124 2.0186 781,439
61,947 7.8288 484,964
126,350 1.7308 218,683
33,508,757 0.0021 71,332
148,961
1,705,379
68,201 2.0186 137,669
12,654 7.8288 99,062
48,542 1.7308 84,014
198,325 0.2945 58,412
CPI 18,462 2.0186 37,267
59,979
476,403
19,512 7.8288 152,758
60,742 1.7308 105,131
18,771 1.1744 22,045
1,849 9.2046 17,015
28,155
325,104
25,444 7.8288 199,198
CPI 264,225 2.0186 533,358
525 6.9762 3,663
822 1.7308 1,423
30,982
768,624
3,901 7.8288 30,542
76,199 0.2945 22,442
5,840
58,824
- 74 -
2019 12 31
( ) -
59 -
(1) -
2019 12 31
66,151 7.8288 517,878
517,878
CPI 3,946,316 2.0186 7,965,941
7,965,941
40,674 1.7308 70,397
2,972
73,369
8,138 7.8288 63,714
CPI 23,860 2.0186 48,164
5,105 6.9762 35,614
1,150 9.2046 10,590
16,837 0.4960 8,351
39,157
205,590
(2)
ADAMA France S.A.S
ADAMA Brasil S/A
ADAMA Deutschland GmbH
ADAMA India Private Ltd.
Makhteshim Agan of North America, Inc.
Control Solutions Inc.
ADAMA Agan Ltd.
ADAMA Makhteshim Ltd.
ADAMA Australia Pty Limited
ADAM Italia SRL
ADAMA Northern Europe B.V.
Alligare LLC
- 75 -
2019 12 31
( )
1
(1)
%
Bonide Products
2019 1 7 833,383 100% 2019 1 7 455,477 27,369
INC.
Agro Klinge S.A. 2019 10 29 174,911 100% 2019 10 29 38,368 3,777
Financiere de
Pontarlier S.A. 2019 11 19 118,263 100% 2019 11 19 - -
(SFP)
(2)
Financiere de
Agro Klinge S.A. Bonide Products INC.
Pontarlier S.A. (SFP)
174,911 118,263 833,383
174,911 118,263 833,383
89,428 56,772 638,786
(806) 1,112 (14,449)
/
86,289 60,379 209,046
2019 1 Solutions Bonide Products INC.( Bonide )
8.33 2019 1 7 ( )
Bonide Bonide Bonide
Bonide
( 20 )
Agro Klinge S.A. Financiere de Pontarlier S.A. (SFP)
- 76 -
2019 12 31
( ) -
1 -
(3)
Bonide Products INC.
3,061 3,061
104,362 104,362
11,750 11,750
111,959 109,777
56,690 56,690
468,839 1,510
24,062 24,062
82,434 82,434
11,379 -
638,786 180,654
- -
638,786 180,654
Agro Klinge S.A
1,549 1,549
59,738 59,738
37,769 37,769
95,837 9,555
12,192 12,192
17,944 17,944
89,833 89,833
9,880 9,880
89,428 3,146
- -
89,428 3,146
- 77 -
2019 12 31
( ) -
1 -
(3) -
Financiere de Pontarlier S.A. (SFP)
29,021 29,021
21,494 21,494
96,313 35,934
7,297 7,297
27,214 27,214
59,137 59,137
11,002 11,002
56,772 (3,607)
- -
56,772 (3,607)
2
(1)
2019
100% 393,990 38,027 1,507,474 46,811
3 29
(2)
415,000
- 78 -
2019 12 31
( ) -
2 -
(3)
131,663 167,101
42,437 53,299
146,770 101,522
45,596 55,218
15,660 27,606
193,483 191,811
- 31
603,205 628,268
61,693 59,397
64,115 64,574
8,556 8,040
20,315 15,219
500,000 550,000
102,429 99,487
12,855 18,829
12,997 14,150
171,318 131,818
21,321 26,730
40,266 40,284
21,858 21,858
450,449 468,930
- -
450,449 468,930
- 79 -
2019 12 31
( )
1
( )
(%)
ADAMA France S.A.S - 100
AAMA Brasil S/A - 100
ADAMA Deutschland GmbH - 100
ADAMA India Private Ltd. - 100
Makhteshim Agan of North America, Inc. - 100
Control Solutions Inc. - 67
ADAMA Agan Ltd. - 100
ADAMA Makhteshim Ltd. - 100
ADAMA Australia Pty Limited - 100
ADAM Italia SRL - 100
ADAMA Northern Europe B.V. - 55
Alligare LLC - 100
100 -
2
92,695 68,584
40,403 39,766
133,098 108,350
/ /
92,695 68,584
-- 19,877 7,001
-- (697) -
-- 19,180 7,001
40,403 39,766
-- (16) -
-- 653 -
-- 637 -
- 80 -
2019 12 31
( )
1.
( ) 5(4) 2019 4
1.5
90%
5%
- 81 -
2019 12 31
( ) -
1. -
( )
( )
10 11
90 ( 90 ) 506,284
90 605,941
1,112,225
- 82 -
2019 12 31
( ) -
1. -
7,686,751 (
) 715,856 (
) 14,832
( )
12
2.
( (
) )
1 1 2 2 4 5
2,036,745 - - - 2,036,745 2,009,882
321,674 - - - 321,674 321,674
4,205,901 - - - 4,205,901 4,205,901
1,049,594 - - - 1,049,594 1,049,594
148,886 - - - 148,886 148,886
866,339 915,040 1,752,568 8,872,715 12,406,662 8,463,812
448,887 327,926 574,925 77,204 1,428,942 1,347,245
2,025 3,979 4,050 28,605 38,659 29,021
166,478 130,109 149,022 243,621 689,230 554,645
2,061 30,690 267,821 87,946 388,518 379,242
667,491 25,582 - - 693,073 693,073
CPI 23,984 - - - 23,984 23,984
9,940,065 1,433,326 2,748,386 9,310,091 23,431,868 19,226,959
- 83 -
2019 12 31
( ) -
3.
CPI
(1)
CPI CPI
( )
A
2019 12 31
1,244,617 716,185
1,498,223 1,590,204
1,687,912 410,758
(CPI ) - 8,584,738
( CPI ) 418,628 921,089
3,082,603 737,736
7,931,983 12,960,710
- 84 -
2019 12 31
( ) -
3. -
(1) -
B CPI
2019 12 31
2020/06/08 336,670 2,348,675 (236,437)
2020/04/25 23,960 167,147 (516)
2020/03/25 200,564 1,399,172 (21,836)
2020/06/12 35,530 247,864 (9,941)
2020/01/30 22,385 156,161 (9,990)
2020/02/06 1,367,668 9,541,128 138,240
372,373 2,597,746 (33,862)
CPI CPI 2020/04/02 679,977 4,743,655 (34,009)
C.
CPI
2019 12 31
5% 5%
51,930 33,358 (7,239) 11,333
(7,672) 2,522 7,672 (2,522)
(138,949) (6,908) 142,929 10,888
5,262 22,230 (5,262) (22,230)
(9,949) (2,494) 9,949 2,494
(387) 647 387 (647)
(21,880) (21,880) 21,880 21,880
CPI 271,296 271,296 (271,296) (271,296)
- 85 -
2019 12 31
( ) -
3. -
(2)
A.
CPI
883,607
1,151
149,313
21,417
171,770
542,258
CPI
8,463,812
8,463,812
508,224
29,510
11,350
2,009,882
( ) 1,197,932
(2,658,730)
- 86 -
2019 12 31
( ) -
3. -
(2) -
B.
5%
( )
2019 12 31
1,401 (1,409) 1,401 (1,409)
( )
( )
-
1
2019 12 31
( a) 21,522 20,877
( b) 2,103,986 2,129,912
( c) 8,463,812 11,393,618
a
( )
b
( )
c ( )
- 87 -
2019 12 31
( ) -
2
2019 12 31 (%)
4.30 5.26
1.97 2.05
(0.38) 0.38
3
( ) (50,333)
( ) (158,018)
( ) 15,788
( ) 155,062
( ) 38,648
( ) 78,948
( ) 9,216
( ) 13,722
-
4
5
( )
1
(%) (%)
3,338,220 78.91 78.91
2
( ) 1
- 88 -
2019 12 31
( ) -
3
( ) 12
Alfa Agricultural Supplies S.
Innovaroma SA
Agribul Ltd.
4
(SPV )( )
Syngenta Crop Protection AG
Syngenta Supply AG
Syngenta Crop Protection LLC.
Syngenta Romania SRL
Syngenta France SAS
Syngenta Australia Pty Ltd
Syngenta Agro Sociedad Anonima
Syngenta Protecao De Cultivos LTDA
Syngenta Czech s.r.o.
Syngenta Espana S.A.
Syngenta India Limited
Syngenta Agro AG
Syngenta Polska Sp. z o.o.
Syngenta Agro, S.A. DE C.V.
Syngenta Italia S.p.A.
Syngenta Crop Protection Lda.
Syngenta Crop Protection NV
Syngenta Nordics A.S.
Syngenta Tarim Sanayi ve Ticaret A.S.
Syngenta Agro GmbH
Syngenta Kazakhstan Limited Liability Partnership
Syngenta Slovakia S.R.O.
Syngenta Hungary Kft.
Syngenta UK Ltd
Syngenta Ireland Ltd
( ) ( )
( )
( )
( )
- 89 -
2019 12 31
( ) -
5
(1)
/
( )
1,449,486 1,570,819
3,938 7,950
201,462 2,189,652
/
( )
752,984 572,242
153,310 157,803
(2)
( )
- 19
(3)
50,000 18/10/2017 18/10/2021
300,000 20/11/2017 20/11/2022
100,000 13/06/2018 12/06/2022
20,000 28/06/2019 18/06/2020
20,000 01/03/2019 20/02/2020
30,000 01/08/2019 30/07/2020
50,000 01/06/2019 29/05/2020
50,000 26/06/2019 27/06/2020
64,000 19/02/2019 18/02/2020
80,000 02/02/2019 30/01/2020
160,000 27/05/2014 09/06/2021
- 90 -
2019 12 31
( ) -
5 -
(4)
( )
48,952 46,734
600 600
(5)
2019 12 31 2018 12 31 ( )
153,197 - 39,420 -
24,026 - 30,562 -
25,346 - 42,969 -
69,610 - 37,945 -
314 - 7,543 -
2018 12 31
2019 12 31
( )
239,360 352,492
258 397
23,195 21,636
( ) 171,770 171,770
2019 2,090 (2018 2,090
)
(6)
( )
415,000 -
(7)
2019 12 31 396,355 (2018 12
31 407,593 ) 2019 4,628 (2018
2,107 )
2019 12 31 100,000 (2018 12 31
0 ) 1,610 (2018 2,411 )
- 91 -
2019 12 31
( )
1
(1)
2018 12 31
2019 12 31
( )
- 588,243 667,785
588,243 667,785
(2)
2018 12 10
20%
2018 12 26 2018
2
(1)
2019 1
2019 4
(2)
2019 3.05
2019 2020
2019 2.43
(3)
- 92 -
2019 12 31
( ) -
2 -
(3) -
-
( )
2017 (A ) 1,810,883,039 Solutions 100%
Solutions 2017 -2019 ( )
( )
2019 12 31 2017 -2019 Solutions
(A ) 102,432,280 ( 1 )
2,446,553,582 2,344,121,302
78.9% 78.0%
Solutions
2020 COVID-19
-
1 2 3
-
- ( )
-
- 93 -
2019 12 31
( ) -
-
( )
1 2019 2 ( 2019 )
77,864,910 75,814,897
2019 2 21
1,206,081
2019 1 1
2019 1 1
2025
1.86
2019
-
77,020,978
-
(9,794,562)
67,226,416
9.93-10.85
(6 )
- 94 -
2019 12 31
( ) -
-
( / ) 10.85
( / ) 10.03/10.85
43.97%
3.06%
2019 12 31 ( ) 186,206
65,937
65,023
2019 9 ( )
28,258,248 2017 45,503,271
2017 2019 9 26
90,130
2019
10 1
2026 10 1
2017
0.69 (2017
)
2017
48,101,391
-
(2,598,120)
(45,503,271)
-
- 95 -
2019 12 31
( ) -
-
-
28,348,378
(4,081,502)
24,266,876
9.43
6.75
( / ) 9.23
( / ) 9.43
40.29%
3.14%
2019 9 26 ( ) 68,836
2017
-
(64,356)
28,167
28,251
- 96 -
2019 12 31
( )
1
(1)
( )
( )
(
)
- 97 -
2019 12 31
( ) -
1 -
(2)
( ) ( ) ( ) ( )
24,905,674 24,134,355 2,657,565 2,732,953 - - 27,563,239 26,867,308
- - 1,428 719 (1,428) (719) - -
( ) 8,423 6,207 11,438 794 - - 19,861 7,001
1,670,516 4,050,508 (127,505) 177,100 - - 1,543,011 4,227,608
(1,665,885) (570,392)
825,512 (979,334)
(251,066) 621,255
451,572 3,299,137
174,531 851,261
277,041 2,447,876
/
2018 12 31 2018 12 31 2018 12 31 2018 12 31
2019 12 31 2019 12 31 2019 12 31 2019 12 31
( ) ( ) ( ) ( )
35,506,894 32,310,319 2,392,909 2,404,190 7,389,137 9,420,554 45,288,940 44,135,063
4,682,416 4,800,772 286,109 300,843 17,948,750 16,288,586 22,917,275 21,390,201
- 98 -
2019 12 31
( ) -
1 -
(2) -
(
)
( )
7,078,409 6,983,002
5,418,509 5,038,834
7,085,817 6,172,800
4,351,929 5,057,860
3,628,575 3,614,812
27,563,239 26,867,308
2018 12 31
2019 12 31
( )
1,047,505 733,855
2,298,654 2,065,089
1,282,267 503,093
2,709,786 2,815,195
11,512,105 11,659,701
18,850,317 17,776,933
(3)
10%
2
( )
277,041 2,447,876
277,041 2,447,876
277,041 2,447,876
- 99 -
2019 12 31
( ) -
2 -
( )
2,446,554 2,341,856
( 1) - 104,698
- -
2,446,554 2,446,554
1 2017 12 1 (A )
104,697,982 28,080 2017 12 27
1,531,920
( )
0.11 1.00
0.11 1.00
( )
1
2019 12 31 2018 12 31
1,395,994 2,005,313
27,057 52,940
1,423,051 2,058,253
2019 12 31 27,057 (2018 12 31 52,940 )
- 100 -
2019 12 31
( ) -
2
(1)
2019 12 31 2018 12 31
(%) (%) (%) (%)
131,375 27 131,375 100 - 190,376 23 127,406 67 62,970
349,157 73 48 - 349,109 631,764 77 2,535 - 629,229
480,532 100 131,423 27 349,109 822,140 100 129,941 16 692,199
2019 12 31
1 ( 1 ) 350,756
1 2 74,635
2 3 42,964
3 4 2,634
4 5 1,235
5 8,308
480,532
(2)
129,941
3,480
(1,998)
131,423
(3)
(%)
1 284,525 59 -
2 117,491 25 117,491
3 20,385 4 11
4 11,166 2 -
5 10,999 2 -
444,566 92 117,502
- 101 -
2019 12 31
( ) -
3
2019 12 31 2018 12 31
11,722 19,917
11,722 19,917
2019 12 31 132,160
4
2019 12 31 2018 12 31
64 -
- 1,808
13,987 29,940
14,051 31,748
4.1
( ) 2019 12 31 2018 12 31
- 1,808
- 1,808
1
4.2
(1)
2019 12 31 2018 12 31
19,655 35,072
(5,668) (5,132)
13,987 29,940
- 102 -
2019 12 31
( ) -
4 -
4.2 -
(1) -
2019 12 31
1 ( 1 ) 839
1 2 13,679
2 3 72
3 4 10
4 5 -
5 5,055
19,655
(2)
5,132
536
-
-
5,668
(3)
(%)
1 13,322 68 -
2 3,125 16 3,125
3 548 3 548
4 510 3 -
5 350 1 349
17,855 91 4,022
- 103 -
2019 12 31
( ) -
5
(1)
2019 12 31 2018 12 31
16,390,275 18,864 16,371,411 15,939,826 - 15,939,826
(2)
2019 2019
1 1 12 31
Solutions 15,890,213 - - 15,890,213 - -
37,620 - 18,864 18,756 18,864 18,864
11,993 - - 11,993 - -
- 450,449 - 450,449 - -
15,939,826 450,449 18,864 16,371,411 18,864 18,864
6
1,338,579 969,902 3,008,298 1,959,089
67,130 54,763 103,855 88,984
1,405,709 1,024,665 3,112,153 2,048,073
7
(1)
26,114 25,827
4,414 2,628
3,054 3,220
33,582 31,675
(2)
86,915 71,188
51,660 77,477
26,203 24,220
164,778 172,885
- 104 -
2019 12 31
( ) -
7 -
(3)
39,886 -
39,886 -
(4)
B - 393,025
14,003 48,340
466 8,610
14,469 449,975
8
1
( ) (487,973) 323,396
147,421 75,080
2,018 116,171
198,193 218,783
430
4,694 5,516
/ ( ) 572 1,457
12,113 (21,476)
( ) (2,583) (1,808)
( ) (44,146) (21,533)
( ) 43,479 25,153
( ) 336,662 153,415
10,932 199,429
221,812 1,073,583
2
3
1,395,994 2,005,313
2,005,313 1,864,003
( ) (609,319) 141,310
- 105 -
2019 12 31
( ) -
9
(1)
(%) (%)
3,338,220 78.91 78.91
(2)
( ) 1
(3)
a.
/
12,210 15,733
125,800 220,671
192,489 74,308
514,469 864,946
2,633 54,999
- 1,528
b.
- 19
- 106 -
2019 12 31
( ) -
9 -
(3) -
c.
20,000 26/12/2019 25/12/2020
40,000 10/10/2019 09/10/2020
50,000 30/12/2019 25/12/2020
50,000 12/12/2019 09/12/2020
50,000 21/11/2019 18/11/2020
50,000 19/11/2019 18/11/2020
300,000 20/11/2017 20/11/2022
50,000 18/10/2017 18/10/2021
100,000 13/06/2018 12/06/2022
160,000 27/05/2014 09/06/2021
d.
424,182 117,491 753,369 113,245
- - 298 -
9,195 184
163,877 105,164
97 240
( ) 171,770 171,770
2019 2,090 (2018 2,090
)
- 107 -
2019 12 31
( ) -
9 -
(3) -
e.
415,000 -
f.
2019 12 31 163,630 (2018 12
31 295,661 ) 2019 2,883 (2018
1,456 )
2019 12 31 100,000 1,610
- 108 -
2018 12 31
1
127,073
(
27,410
)
38,027
25,821
(45,989)
(40,992)
( 2) (574,500)
110,132
(333,018)
1
2 2019
2
9 - (2010 )
(%)
1.23% 0.11
2.72% 0.25
2019 12 31
3
2019 3 ( )
2019 3 29 4.15 100%
2018 1 1 2018 12 31
2018 2018 2019 2018 2018 2019 12
1 1 12 31 12 1 1 12 31
( ) ( ) 31 ( ) ( ) 31
7,984,102 6,400,190 4,348,588 3,080,912 1,122,774 2,009,882
23,000 46,095 29,510 789,050 1,451,670 691,475
455,153 517,726 490,113 311,557 445,533 321,674
29,927 40,569 26,000 3,983,018 4,627,936 4,205,901
5,229,446 6,573,100 8,004,157 781,374 848,402 664,228
282,645 73,216 78,948 1,013,830 944,175 1,211,713
298,036 410,506 377,808 437,457 616,780 369,038
1,083,330 1,079,332 1,195,253 1,062,400 1,197,579 1,049,594
7,669,358 9,433,876 9,932,654 448,504 301,814 1,066,243
403,297 - - 466,078 578,184 355,243
46 48 - 12,374,180 12,134,847 11,944,991
614,957 660,806 659,195
24,073,297 25,235,464 25,142,226 514,320 235,819 927,159
7,777,410 7,649,098 7,965,942
192,968 157,600 170,896 406,358
102,384 108,350 133,098 23,909 25,106 29,021
91,090 91,559 155,062 652,071 620,646 738,854
4,408 4,094 3,771 186,020 132,351 176,822
6,872,164 7,263,866 6,939,610 224,613 392,404 323,304
841,100 487,204 788,386 225,586 199,930 404,824
536,034 9,603,929 9,255,354 10,972,284
4,102,983 5,741,962 5,835,785 21,978,109 21,390,201 22,917,275
3,890,097 4,085,945 4,511,193
870,030 741,737 826,696 2,446,554 2,446,554 2,446,554
209,815 217,282 246,183 13,331,312 13,324,491 12,903,168
17,177,039 18,899,599 20,146,714 (104,048) 1,090,827 1,192,681
41,250,336 44,135,063 45,288,940 9,349 13,536 14,927
207,823 240,162 240,162
3,381,237 5,629,292 5,574,173
19,272,227 22,744,862 22,371,665
41,250,336 44,135,063 45,288,940