Company: CRESW
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001654954-25-012195
Chunk: 165

Company: CRESUD INC
Filing Date: 2025-10-24
Form: 20-F
Item: Item 4
Chunk 165
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.61% of our operating assets for the urban properties and investment business, respectively. Our Hotels segment generated an operating profit of ARS 3,949 million and ARS 25,025 million for the fiscal years ended June 30, 2025 and 2024, respectively.                                                                                                                                                                                      
·   Our “Others” primarily includes the entertainment activity through La Arena S.A. (former ALG Golf Center S.A.), La Rural S.A. and Buenos Aires Convention Center (Concession), We Are Appa and the financial activities carried out through BHSA / BACS, as well as other investments in associates for both years. Our Others segment had assets of ARS 178,912 million and ARS 183,698 million as of June 30, 2025 and 2024, respectively, representing 6.48% and 6.76% of our operating assets for the urban properties and investment business, respectively. Our Others segment generated operating profit of ARS 14,378 million and ARS 34,760 million for the fiscal years ended June 30, 2025 and 2024, respectively.
Agricultural Business

As of June 30, 2025, we owned 26 farms with approximately 578,217 hectares distributed in Argentina, Brazil, Bolivia and Paraguay and during the fiscal year ended June 30, 2025 approximately 596,017 hectares were used (including areas sold during the year) and distributed in Argentina, Brazil, Bolivia and Paraguay, of which approximately 105,317 hectares of the land used for crop production, approximately 69,029 hectares were for cattle production, 85,000 hectares were for sheep production and approximately 19,694 hectares were leased to third parties for crop and cattle production.

The remaining 316,977 hectares of land reserves are primarily natural woodlands. In addition, we have the rights to hold approximately 132,000 hectares of land under concession for a 35-year period that can be extended for another 29 years. Out of this total, we have assigned 22,469 hectares for crop production and 2,696 hectares for cattle production, 1,405 leased to third parties and the remaining 105,430 of land reserves are primarily natural woodlands. Also, during the fiscal year ended June 30, 2025, we leased 118,638 hectares to third parties for crop production and 10,896 hectares for cattle production.

The following table sets forth, at