Good morning everyone, I'm Santiago Donato investor of relations officer of and I welcome you to the first quarter of peace inaudible 2022 results conference call. First of all, I would like to remind you that both audio and the slideshow may be access through company's investor relations website at www.cresud.com .ar by clicking on the banner webcast link. The following presentation and the inaudible release, is also available for download on the company website. After management remarks, there will be a question and answer session for analyst and investors. If you want to make a question, please click the bottom label for raise hand or use the chat. Before we begin, I would like to remind you that this call is being recorded and the information discussed today, may include forward look in the statements regarding the companies financial and operating performance. All projections are subject to risk and uncertainties and actual results may defer materially. Please refer to the little note in the companies admins release, regarding forward look in the statements. I will now turn the call over to Mr. Alejandro Elsztain CEO. Please go ahead sir. Good morning everyone. We are beginning our first quarter of first year a new campaign for Cresud. And we are planting an uh, in very good conditions in the region. Similar size of last years, and we are going to show you a little later about the four countries and the size of plantation. Uh, we, um, in this year, we are budgeting and we are seeing better prizes than last year and higher markings comparing to last year. Having some bigger input costs, in some, like, fertilizers much more bigger. Uh, but margins since comparing this year to last year are a little higher. Um, we related to the real estate business, so remember that we have three lines of businesses, one is reproduction size, and the yields on the production. The second is the real estate and the third is services in agriculture. Relating to the real estate in the first quarter, we have on news in Brazil. In this quarter we have no news in Argentina and in the rest of the countries. A lot of sales in there and a lot of liquidities in- in Brazil related to the real estate business. About our segment through Ilsa, the Yurban segment, it's recovering a lot. This quarter was all open. Uh, we saw the shopping centers open, the hotels beginning to open and the inaudible receiving a lot of the local tourism. Uh, so there is a lot of recovery and we are going to see very much better numbers in the real estate uh, and their occupation suffered something, but comparing to last year numbers, they are much better. Uh, related to the quarter of production, we were driven by the sugar cane activity and here the dark activity gave us much better research and was mainly explained by the- the frozen than the country received in the winter, that made a big lost in the southern regions of- of Brazil and that made an increase, a very important increase in the sugar cane prices combined with the- the oil prices in- increase. So the combination of the two, made a big jump in the prices of the ethanol and the sugar cane. And in our case, our plantations were in regions that they were not affected in production, so that combination made us a big gain and in the others a good quarter too. Uh, related to the m- oil effect on our balance sheet, we see a net gain, that was mainly explained by this gross profit, financial result and income tax and there is a loss related to the fair value of I- Ilsa. The investment property received a lost, and Mathius will explain later about this loss. Finally we had a gain of close to 2 billion Pesos, attributable to controlling chair-holders. So this is the main explanation of the- of the quarter. I will introduce <unk> Okay, thank you Alejandro, move to the slide number three, about the spread of inaudible Uh, we can see on the graph, this Fiscal year, 2022, we'll continue on the top of the ranking for the third years in a row. The area we are planting now, is 2000- 2000, uh, 262,000 hectors, inaudible around the full country, you can see in the graph. Similar to the last year. 40… 14,000 Paraguay, 14,000 inaudible 111,000 Brazil, and 123,000 in Argentina. About the cropters, uh, breakdowns. Uh, the crops, uh, this year remain to some of the last three years, for a- for a 6% soy bean 27% corn, 9% sugar cane, 3% wheat, and the other inaudible 8% for a total inaudible Moving to the next slide about farming activity, inaudible Uh, in the graph to the left, uh, about store consumptions, the soy bean and the corn is tout, remaining globally low, uh, having soy bean about 27.7% and corn 25.4%. In case of inaudible in this graphic, show you that there's inaudible are even lower than of the rest of the world. Having soy bean of about 7.3% and corn 10.1% respectively. This start-up consumptions, have a relation about the inaudible prices. In relation about that, we can see a- a up-surge in the graph. inaudible prices probably… previously went up to reaching- reaching the tops in inaudible 2021 uh, about soy beans, 64% and corn 113%. However, along the following five months there was a moderate corrosion in the biases drop in. 17% in Soy bean and 25% in corn. inaudible in corn. Now the current version on Hit precissions uh, is uh, in- in- in prices similar as the budget. inaudible soy beans inaudible five and 56% and in corn 51% and- and similar prices to the budget. About climate condition and showing process. It's showing the bottom ride of the graph, the climate condition of Argentina and Brazil, categorically in comparison to the inaudible season of the last year. Currently the focus mark neutrality as they inaudible move away. Regarding to the current inaudible in process, November 2021, the total soy bean is 23%, Bolivia, 64%, Brazil, 40% and Argentina 2%. Total in corn is 13%, Bolivia, 99%, Brazil 30% and Argentina 20%. And the last one wheat, we have 100%, uh, of the planting because now we are adjusting and starting to harvest in Argentina. Thank you everybody. Very good. The next page we can see what happened in the farmland sales and these two operation transactions were done in Brazil. Uh, none of them was reflected on the balance sheet, uh, because they… We are going… We are putting transactions a day of… surpassing some level of payment, and giving possession and uh, that was not accomplished on the 30 of September, in the… none in the n- two crisis. Uh, the two sales are, in two different regions. The first one, Rio de Mayo, uh, it was done in September. Uh, productive area that we sold is 2,900 hectors, uh, but we bought for 40 million Reals, and we sold for 130 million Reals in a nominal