Company: CRESW
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001654954-25-012195
Chunk: 259

Company: CRESUD INC
Filing Date: 2025-10-24
Form: 20-F
Item: Item 5
Chunk 259
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 and (ii) urban properties and investment business. 

Below is the segment information prepared as follows:

Agricultural business

·   Agricultural production: segment consists of planting, harvesting and sale of crops as wheat, corn, soybeans, cotton and sunflowers; the sale of grain derivatives, such as flour and oil, breeding, purchasing and/or fattening of free-range cattle for sale to meat processors and local livestock auction markets.; agricultural services; leasing of the Company’s farms to third parties; and planting, harvesting and sale of sugarcane
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·   Land transformation and sales: comprises gains from the disposal and development of farmlands activities.                                                                                                                                                                                                                                                                                                                                     
·   Corporate: includes corporate expenses related to agricultural business.                                                                                                                                                                                                                                                                                                                                                                      
·   Other segments: includes, principally, brokerage activities, among others.                                                                                                                                                                                                                                                                                                                                                                    

Urban properties and investments business

·                                                                           Shopping Malls: includes results principally comprised of lease and service revenues related to rental of commercial space and other spaces in the shopping malls of the Company.                                                                         
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·   Offices: includes the operating results from lease revenues of offices, other rental spaces and other service revenues related to the office activities.                                                                                                                                                                          
·   Sales and Developments: includes the operating results of the development, maintenance and sales of undeveloped parcels of land and/or trading properties. Real estate sales results are also included.                                                                                                                           
·   Hotels: includes the operating results mainly comprised of room, catering and restaurant revenues.                                                                                                                                                                                                                                
·   Others: includes the entertainment activities through ALG Golf Center S.A., La Rural S.A. and Buenos Aires Convention Center (Concession), We Are Appa investments in associates such as GCDI (former TGLT) and the financial activities carried out through Banco Hipotecario / BACS, as well as other investments in associates.

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The CODM periodically reviews the operating results and certain asset categories and assesses performance of operating segments based on a measure of profit or loss of the segment composed by the operating income plus the share of profit / (loss) of joint ventures and associates. The valuation criteria used in preparing this information are consistent with IFRS Accounting Standards used for the preparation of our Audited Consolidated Financial Statements, except for the following: 

o   Operating results from joint ventures are evaluated by the CODM applying proportional consolidation method. Under this method, the profit/loss generated and assets are reported in the Consolidated Statement of