Company: CRESW
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001654954-25-012195
Chunk: 291

Company: CRESUD INC
Filing Date: 2025-10-24
Form: 20-F
Item: Item 5
Chunk 291
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 of the currency, and a decrease in interest expense.

Income Tax 2025 vs. 2024

The Company applies the deferred tax method to calculate income tax for the reported periods, thus recognizing temporary differences as tax assets and liabilities. The income tax charge for the year changed from a profit of ARS 86,261 million in the fiscal year ended June 30, 2024, to a loss of ARS 71,045 million in the fiscal year ended June 30, 2025, of which a loss of ARS 22,707 million relates to the Agricultural Business and a loss of ARS 48,338 million relates to the Urban Properties and Investment Business.

Net profit 2025 vs. 2024

As a result of the factors described above, our net profit for the year increased by ARS 75,527 million, from ARS 148,839 million in the fiscal year ended June 30, 2024, to ARS 224,366 million in the fiscal year ended June 30, 2025, of which ARS 23,109 million derive from the Agricultural Business and ARS 201,257 million from the Urban Properties and Investment Business.

160

Results of Operations for the fiscal years ended June 30, 2024 and 2023

                                                                                                                                                  Agricultural business                                                      Urban Properties and Investment business                                                   Total segment information                                                     Joint ventures (i)                                                      Adjustments (ii)                                             Elimination of inter-segment transactions and non-reportable assets / liabilities                                      Total Statement of Income / Financial Position Restated                    
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                                                                                                                           06.30.24                    06.30.23                    Var.                  06.30.24                        06.30.23                        Var.                     06.30.24                    06.30.23                    Var.                        06.30.24                06.30.23           Var.                  06.30.24                 06.30.23                 Var.                            06.30.24                                    06.30.23                         Var.                         06.30.24                           06.30.23                           Var.                
                                                                                                                           (in million of ARS)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
Revenues                                                                                                                           503,614                     527,192                  (23,578   )              377,202                         374,521                           2,681                  880,816