Company: CRESW
Filing Date: 2025-10-24
Form Type: 20-F
Source: 0001654954-25-012195
Chunk: 306

Company: CRESUD INC
Filing Date: 2025-10-24
Form: 20-F
Item: Item 5
Chunk 306
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 million on the date of the transaction. The amounts will be paid in 7 installments, the first on July 30, 2023 and the second on August 16, 2023 and the rest are scheduled for March 1 of each year until 2028. The domain transfer was made on June 15, 2023.                                                                                                                                                                                                                                                                                                                                                                         
    The second transaction was carried out on March 29, 2023, in which 332 hectares (215 arable hectares) were sold for a value of 297 soybeans bags per arable hectare, equivalent to BRL 8.5 million on the date of the transaction. The amounts will be paid in 5 installments, the first was collected on April 14, 2023 and the others are scheduled for March 30 of each year until 2027. The domain transfer was made on May 31, 2023.                                                                                                                                                                                                                                                                                                                                                                                   
·   On June 29, 2023, BrasilAgro completed the sale of 4,408 hectares (3,202 arable hectares) of the ☐Jatobá VII☐ form, located in the municipality of Jaborandi – Bahia. The sale value was BRL 121.6 million (equivalent to 952,815 soybean bags). Payments will be in BRL and made in 7 annual installments, making the the first of them at the time of signing the contract. The remaining installments are scheduled for July 31 of each year until 2029.                                                                                                                                                                                                                                                                                                                                                                 

168

General and administrative expenses 2024 vs. 2023

Agricultural Business

Agricultural Production. General and administrative expenses associated with the Agricultural Production segment increased by 12.4 %, from ARS 24,371 million in the fiscal year ended June 30, 2023 to ARS 27,383 million in the fiscal year ended June 30, 2024, mainly due to an ARS 2,973 million increase in expenses associated with crop operations; an ARS 120 million decrease in expenses associated with sugarcane operations; an ARS 403 million increase in expenses associated with cattle activities; and a ARS 244 million decrease in expenses associated with the agricultural lease and services business. General and administrative expenses of the Agricultural Production segment, measured as a percentage of revenues from this segment, increased from 6.3% during the fiscal year ended June