www.pwc.com.br
BR Malls Participações S.A.
Interim Financial Information - ITR on June 30, 2021 and report on the review of
quarterly financial report.
BR Malls Participações S.A. | |
Quarterly Information - ITR | |
As of June 30, 2021, | |
Contents | |
Independent auditor's report on the financial statements............................................................................. | 3 |
Reviewed quarterly financial information- Parent Company and Consolidated | |
Statements of financial position..................................................................................................................... | 5 |
Statements of income (parenty company)..................................................................................................... | 7 |
Statements of income (consolidated)............................................................................................................. | 8 |
Statements of comprehensive income).......................................................................................................... | 9 |
Statements of changes in equity (parenty company)................................................................................... | 10 |
Statement of changes in equity (consolidated)…………………………………………………………………..11 | |
Statement of cash flows…………………………………………………………………………………………….12 | |
Statement of value added………………………………………………………………………………………..…13 | |
Notes to the quarterly financial information………………………...…………………………………………….14 |
PricewaterhouseCoopers, Rua do Russel 804, Edifício Manchete, 6º e 7º, Rio de Janeiro, RJ, Brasil, 22210-010, Phone: +55 (21) 3232 6112, www.pwc.com.br
Report on review of quarterly information
To Management and Stockholders
BR Malls Participações S.A.
Introduction
We have reviewed the parent company and consolidated interim accounting information of BR Malls Participações S.A. ("Company"), included in the Quarterly Information Form - ITR for the quarter ended June 30, 2021, comprising the balance sheet on June 30, 2021 and the respective statements of income and comprehensive income, statements of changes in equity and cash flows for the six-month period then ended, and a summary of significant accounting policies and other explanatory information.
The management is responsible for the preparation of the parent company and consolidated interim accounting information in accordance with the Accounting Pronouncements Committee standard CPC 21 - Interim Financial Reporting and International Accounting Standard IAS 34 - Interim Financial Reporting issued by the International Accounting Standards Board (IASB), as well as the presentation of this information in accordance with the standards issued by the Brazilian Securities and Exchange Commission (CVM), applicable to the preparation of the Quarterly Information - ITR. We are responsible for issuing a conclusion on this interim financial information based on our review.
Scope of the review
We conducted our review in accordance with Brazilian and International Standards on review of interim financial information (NBC TR 2410 and ISRE 2410 - Review of Interim Financial Information Performed by the Independent Auditor of the Entity ). A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. The scope of a review is substantially lower than an audit conducted in accordance with the 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 process. Accordingly, we do not issue an audit opinion.
Conclusion on the Interim Financial Information
Based on our review, nothing has come to our attention that causes us to believe that the accompanying parent company and consolidated interim accounting information included in the quarterly information referred to above has not been prepared, in all material aspects, in accordance with CPC 21 and IAS 34, applicable to the preparation of the Quarterly Information - ITR, and presented in accordance with the standards issued by the CVM.
Other matters
PricewaterhouseCoopers, Rua do Russel 804, Edifício Manchete, 6º e 7º, Rio de Janeiro, RJ, Brasil, 22210-010, Phone: +55 (21) 3232 6112, www.pwc.com.br
Statements of value added
The quarterly financial report referred to above includes the individual and consolidated Statement of Added Value (DVA) for the six-month period ended June 30, 2021, prepared under the responsibility of the Company's management and presented as additional information under IAS 34. These statements were subject to review procedures performed together with the review of the Company's interim financial information. In order to draw our conclusion, we verified if these statements are reconciled with the interim financial information and accounting records, as applicable, and if their format and content are in compliance with the criteria provided for in the Technical Pronouncement CPC 09 - "Statement of Value Added". Based on our review, nothing has come to our attention that causes us to believe that these statements of value added have not been prepared, in all material respects, according to the criteria established by said Technical Pronouncement in a manner consistent with the parent company and consolidated interim accounting information taken as a whole.
Rio de Janeiro, August 13, 2021
PricewaterhouseCoopers
Auditores Independentes
CRC 2SP000160/O-5
Patricio Marques Roche
Accountant CRC 1RJ081115/O-4
BR Malls Participações S.A.
PricewaterhouseCoopers, Rua do Russel 804, Edifício Manchete, 6º e 7º, Rio de Janeiro, RJ, Brasil, 22210-010, Phone: +55 (21) 3232 6112, www.pwc.com.br
Balance sheets
June 30, 2021, and December 31, 2020 (In thousands of Reais)
Parent Company | Consolidated | |||||
06/30/2021 | 12/31/2020 | 06/30/2021 | 12/31/2020 | |||
Current assets | ||||||
Cash and cash equivalents (Note 4.1) | 4,434 | 3,420 | 17,838 | 28,280 | ||
Marketable securities (Note 4.1) | 1,448,537 | 1,165,374 | 1,790,139 | 1,417,531 | ||
Accounts receivable (Note 3.4) | 131,244 | 128,417 | 304,797 | 327,308 | ||
Taxes recoverable (Note 3.6) | 8,787 | 10,372 | 25,410 | 27,802 | ||
Advances | 9,226 | 11,733 | 27,460 | 24,224 | ||
Advanced expenses | 5,496 | 5,236 | 11,532 | 9,740 | ||
Other receivables (Note 3.4) | 19,406 | 8,792 | 48,932 | 15,851 | ||
1,627,130 | 1,333,344 | 2,226,108 | 1,850,736 | |||
Non-current assets | ||||||
Accounts receivable (Note 3.4) | 45,538 | 36,393 | 128,450 | 100,599 | ||
Guarantees and deposits (Note 5.2) | 35,595 | 35,198 | 71,773 | 70,176 | ||
Taxes recoverable (Note 3.6) | 17,846 | 16,710 | 39,806 | 38,815 | ||
Advances for future capital increase (Note 5.1) | 74,173 | 19,345 | 300 | 3,742 | ||
Receivables from subsidiaries and affiliates (Note 5.1) | 32,031 | 26,957 | 44,247 | 45,078 | ||
Other receivables (Note 3.4) | 6,934 | - | 59,741 | 49,332 | ||
212,117 | 134,603 | 344,317 | 307,742 | |||
Investments (Note 3.3) | 6,846,403 | 6,903,710 | 347,796 | 355,078 | ||
Investment properties (Note 3.1) | 6,282,281 | 6,343,597 | 16,262,125 | 16,448,547 | ||
Fixed assets | 19,901 | 19,275 | 27,970 | 25,888 | ||
Intangible assets (Note 3.2) | 202,085 | 176,744 | 207,876 | 177,077 | ||
13,350,670 | 13,443,326 | 16,845,767 | 17,006,590 | |||
13,562,787 | 13,577,929 | 17,190,084 | 17,314,332 | |||
Total assets | 15,189,917 | 14,911,273 | 19,416,192 | 19,165,068 |
The Notes are part of this quarterly financial report.
5
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BR MALLS Participações SA published this content on 12 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 August 2021 23:50:02 UTC.