Company: CRESW
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001654954-25-012195
Chunk: 260

Company: CRESUD INC
Filing Date: 2025-10-24
Form: 20-F
Item: Item 5
Chunk 260
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 Income and Other Comprehensive line-by-line based on the percentage held in joint ventures rather than in a single item as required by IFRS Accounting Standards. Management believes that the proportional consolidation method provides more useful information to understand the business return. On the other hand, the investment in the joint venture La Rural S.A. is accounted for under the equity method since this method is considered to provide more accurate information in this case.
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o   Operating results from Shopping Malls and Offices segments do not include the amounts pertaining to building administration expenses and FPC as well as total recovered costs, whether by way of expenses or other concepts included under financial results (for example default interest and other concepts). The CODM examines the net amount from these items (total surplus or deficit between building administration expenses and FPC and recoverable expenses).                                                                                                                                                                                                                                                

The assets’ categories reviewed by the CODM are: investment properties, property, plant and equipment, trading properties, inventories, rights to receive units under barter transactions, investments in associates and goodwill. The sum of these assets, classified by business segment, is disclosed as “reportable assets”. Assets are assigned to each segment based on operations and/or their physical location.

Most of the revenues from the operating segments are generated and the assets are physically located in Argentina, with the exception of part of the results of associates included in the “Other” segment located in the United States.

Revenues for each reporting segment derive from a large and diverse client base and, therefore, there is no revenue concentration in any particular segment.

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Below is a summarized analysis of the lines of business for the year ended June 30, 2025: 

                                                                                                                                                                                                                                                                                                               06.30.2025                                                                                                                                                                                       
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                                                                                                                           Agricultural business (I)            Urban Properties and Investment business (II)            Total segment information               Joint ventures (i)          Adjustments (ii)               Elimination of inter-segment transactions and non-reportable assets / liabilities (iii)          Total Statement of Income and Other Comprehensive Income/ Financial Position       
                                                                                                                           (million of ARS)                                                                                                                                                                                                                                                                                                                                                                     
Revenues                                                                                                                                       448,266                                                  374,662                              822,928                         (2,172   )                 96,036                                                                                               (2,635   )                                                                              914,157    
Costs                                                                                                                                         (386,762   )                                              (87,606   )                         (474,